First-Person

Sebastien Betermier

Sebastien Betermier
PhD 10

Assistant Professor
Desautels Faculty of Management
McGill University
Montreal, Quebec, Canada

"I would like to integrate macroeconomic models into the finance asset-pricing literature. While we understand well how financial asset prices move relative to each other, we haven't been able to clearly identify the fundamental economic factors driving the markets."

Underlying Betermier's interest in the global economy is a desire to examine the impact of financial markets on social welfare and inequality. "At the end of the day, what matters is that we understand not only how the markets work but also how they can be used to improve how we all live."

"The intellectual rigor of the program is why I chose Haas. The faculty care a lot about ideas that are theoretically robust. This mindset has a hugely beneficial impact on the quality of the students' research. Whether they do theoretical or empirical work, it helps them to appreciate and develop strong and useful models."

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