University of Southern California

Michael Michaux
Assistant Professor of Finance and Business Economics

USC Marshall School of Business
Los Angeles, CA 90089-0804

PhD, MA, University of Pennsylvania; BS, University of Technology of Compi├Ęgne


Michael Michaux is a financial economist who studies problems in asset pricing and corporate finance, with an emphasis on quantitative analysis. Current research includes the study of hedging policies of firms in an open economy, and the effect of time-varying risk on investment policies of firms and their cost of capital.


Michaux, M. "Liquidity Shocks in the Financial Sector and the Real Economy,".
Michaux, M., Roussanov, N., and Chen, H. "Houses as ATMs? Mortgage Refinancing and Macroeconomic Uncertainty,".