Lukas Schmid

Lukas Schmid is Professor of Finance and Business Economics at the Marshall School of Business, University of Southern California, and a CEPR Research Fellow. Before joining Marshall, Lukas spent a decade at the Fuqua School of Business at Duke University. He currently serves as an Editor for the Finance Area at Management Science. Lukas' research interests are in dynamic quantitative modeling and structural estimation applied at the intersection of macroeconomics and financial economics. His most recent work was concerned with corporate and sovereign default and credit risk, as well as links between innovation, long-run growth and financial market performance. Lukas’ research has been published in outlets such as the American Economic Review, the Journal of Finance, the Journal of Financial Economics, the Review of Financial Studies and the Journal of Monetary Economics. His work on capital structure and asset returns was awarded a Smith-Breeden Award (First Prize) for the best paper in the Journal of Finance, 2010. At Marshall, he teaches investments to undergraduate students and advanced asset pricing to PhD students. Lukas obtained a master’s degree in mathematics from ETH Zurich and a PhD in Finance from the University of Lausanne & Swiss Finance Institute.