Dmitry Makarov
- Associate Professor:International College of Economics and Finance
- Dmitry Makarov has been at HSE University since 2011.
Education and Degrees
- 2007
PhD in Finance
London Business School - 2001
Master's in Applied Mathematics and Applied Physics
Moscow Institute of Physics and Technology
Courses (2022/2023)
- Derivatives (Master’s programme; International College of Economics and Finance; 2 year, 1 module)Eng
- Financial Economics: Asset Pricing (Master’s programme; International College of Economics and Finance; 1 year, 3, 4 module)Eng
- Research Seminar in Financial Economics (Master’s programme; International College of Economics and Finance; 2 year, 1-3 module)Eng
- Research Seminar in Financial Economics (Master’s programme; International College of Economics and Finance; 1 year, 3 module)Eng
- Theory of Finance (Bachelor’s programme; International College of Economics and Finance; 4 year, 1, 2 module)Eng
- Theory of Finance (Bachelor’s programme; International College of Economics and Finance; 3 year, 1, 2 module)Eng
- Past Courses
Courses (2021/2022)
- Derivatives (Master’s programme; International College of Economics and Finance; 2 year, 1 module)Eng
- Financial Economics: Asset Pricing (Master’s programme; International College of Economics and Finance; 1 year, 3, 4 module)Eng
- Research Seminar in Financial Economics (Master’s programme; International College of Economics and Finance; 1 year, 1-4 module)Eng
- Theory of Finance (Bachelor’s programme; International College of Economics and Finance; 4 year, 1, 2 module)Eng
- Theory of Finance (Bachelor’s programme; International College of Economics and Finance; 3 year, 1, 2 module)Eng
Courses (2020/2021)
- Derivatives (Master’s programme; International College of Economics and Finance; 2 year, 1 module)Eng
- Financial Economics (Master’s programme; International College of Economics and Finance; 1 year, 3, 4 module)Eng
- Research Seminar in Financial Economics (Master’s programme; International College of Economics and Finance; 2 year, 1-3 module)Eng
- Theory of Finance (Bachelor’s programme; International College of Economics and Finance; 4 year, 1, 2 module)Eng
- Theory of Finance (Bachelor’s programme; International College of Economics and Finance; 3 year, 1, 2 module)Eng
Courses (2019/2020)
- Derivatives (Master’s programme; International College of Economics and Finance; 2 year, 1 semester)Eng
- Financial Economics (Master’s programme; International College of Economics and Finance; 1 year, 3, 4 module)Eng
- Theory of Finance (Bachelor’s programme; International College of Economics and Finance; 4 year, 1, 2 module)Eng
Courses (2018/2019)
- Financial Economics I: Asset Pricing (Master’s programme; International College of Economics and Finance; 1 year, 2 semester)Eng
- Research Seminar in Financial Economics (Master’s programme; International College of Economics and Finance; 1 year, 1, 2 semester)Eng
Publications5
- Article Makarov D. Optimal portfolio under ambiguous ambiguity // Finance Research Letters. 2021. No. 43. Article 101961. doi
- Article Makarov D. Security design with status concerns // Journal of Economic Dynamics and Control. 2020. No. 118. P. 103976. doi
- Article Makarov D., Basak S. Strategic Asset Allocation in Money Management // The Journal of Finance. 2014. No. 69. P. 179-217.
- Article Makarov D., Basak S. Difference in interim performance and risk taking with short-sale constraints // Journal of Financial Economics. 2012. Vol. 103. No. 2. P. 377-392. doi
- Article Makarov D., Schornick A. A note on wealth effect under CARA utility // Finance Research Letters. 2010. Vol. 7. No. 3. P. 377-392. doi
Conferences
Paris December 2020 Finance Meeting EUROFIDAI (2020, scheduled), Festschrift in Honor
of Robert C. Merton (2019, MIT Sloan, by co-author), Econometric Society Meeting (2019,
Manchester), KWC Conference on Entrepreneurial Finance (2019, Sweden), New Economic
School (2018, Moscow), Seventh International Moscow Finance Conference (2018, Moscow),
Financial Intermediation Research Society (2017, Hong Kong), Research in Behavioral Finance
Conference 2016 (Amsterdam), Fourth International Moscow Finance Conference
(2015, Moscow), Paris December 2015 Meeting, Western Finance Association 2015, European
Finance Association 2015, European Economic Association 2015, BEROC 2015,
1st Behavioral Finance Israel conference, SAET 2015, Paris International Finance Meeting
2014, European Financial Management Association Meetings 2012, Western Finance Association
2010, 2015, European Finance Association Meetings 2008, 9th Conference of Swiss
Society for Financial Markets Research 2006, European Finance Association 2005
ICEF Academia has welcomed its new class
It’s a fact that ICEF students are awarded two degrees when they graduate. There is, however, a third school many of them attend along with HSE and The University of London – ICEF Academia. Offering a programme of advanced courses, research opportunities, discussion venues and academic career guidance, ICEF Academia traditionally hosts welcome meetings and the year 2020 was not an exception. This year’s event was held online and here is how it went.
Research Only: How Academic Tourism Went Online and Why Scholars Like It
On October 23 – 24, 2020, the IX International Moscow Finance Conference will take place. The event has been organized jointly by ICEF and the London School of Economics. This year, the list of participants includes the editors of the two biggest journals in economics. Alexei Boulatov , Tenured Professor of HSE University, spoke about how the online format influenced the quality of academic events, what has changed in academic life over the last few months, and the topics that interest researchers today.