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Cambridge Endowment for Research in Finance (CERF)




Past Visiting Researchers


Name and Institution

Cambridge Affiliation & Visiting Period

Professor Hayne Leland


University of California, Berkeley

Pembroke Visiting Professor in International Finance

Easter 2012

Professor Avanidhar Subrahmanyan


University of California, Los Angeles

Visiting Professor of International Finance

Michaelmas 2012 and again in Michaelmas 2013

Professor Andrew Karolyi,


Cornell University

Pembroke Visiting Professor of International Finance

Lent and Easter 2013

Professor Narayan Naik


 London Business School

August 2013

Christophe Spaenjers



HEC Paris

Michaelmas 2013

 Ane Tomayo


Lent 2014








Latest news

PhD advisor and co-author of CERF post-doc Xinyu Hou wins Nobel Prize in Economics

11 October 2022

Philip H Dybvig from Washington University is (joint with Bernanke and Diamond) a recipient of this year’s Nobel Memorial Prize in Economic Sciences for his research on banks and financial crises. Prof. Dybvig is the former PhD advisor of Dr Xinyu Hou who is currently a post-doctoral researcher at the Cambridge Endowment...