M. (Marta) Szymanowska

Marta Szymanowska is affiliated with the Department of Finance RSM, Erasmus University and with the ERIM Early Career Talent Program. Her research interests are in empirical asset pricing and (commodity) futures markets. Marta's work has been presented at major academic conferences (the Western Finance or American Finance Association meetings), published in leading academic journals (Journal of Finance, Management Science) and presented in numerous international research institutes (Oxford University, Commodity Futures Trading Commission). Marta holds PhD degree in Finance from Tilburg University, the Netherlands.

Research interests:
empirical asset pricing, financial markets and the real economy, the cross- sectional and time-series predictability of returns, (commodity) futures markets

Publications:
An Anatomy of Commodity Futures Risk Premia, with Frans de Roon (Tilburg University), Theo Nijman (Tilburg University) and Rob van den Goorbergh (APG). The Journal of Finance, forthcoming. Presented at the AFA 2010.

Asset Pricing Restrictions on Predictability: Frictions Matter, (2012) with Frans de Roon, (Tilburg University). Management Science 58, 1916-1932. Presented at the WFA 2009.

Reverse Convertible Bonds Analyzed (2009), with Jenke ter Horst and Chris Veld, Journal of Futures Markets 29, 895-919.

Education:
2006 - PhD in Finance, Tilburg University, the Netherlands
2002 - MSc. in Finance, Tilburg University, the Netherlands
2002 - MSc. in Finance, University of Economics, Krakow, Poland

• Boons, M.F., Roon, F.A. de & Szymanowska, M. (2012). The Stock Market Price of Commodity risk. Under review, winner of 2011 Inquire Europe Research Grant, presented at the 2012 AFA: Chicago.
• Hou, K. & Szymanowska, M. (2011). Commodity-based Consumption Tracking Portfolios and the Cross-Section of Average Stock Returns. Working Paper: .
• Boons, M.F., de Roon, F. & Szymanowska, M. (2011). Sorting out Inflation. Working Paper, winner of 2012 Dauphine Foundation and Amundi Research grant: .
• Basu, D. & Szymanowska, M. (2011). Disentangling Persistence from Predictability in Asset Pricing. Working Paper: .

• Articles (3)
  • Szymanowska, M., Roon, F.A. de, Nijman, T. & van den Goorbergh, R. (2013). An Anatomy of Commodity Futures Risk Premia. The Journal of Finance, ,(forthcoming).
  • Roon, F.A. de & Szymanowska, M. (2012). Asset Pricing Restrictions on Predictability: Frictions Matter. Management Science, 58(10), 1916-1932.
  • Szymanowska, M., ter Horst, J. & Veld, C. (2009). Reverse convertible bonds analyzed. The Journal of Futures Markets, 29(10), 895-919.

• Doctoral thesis
  • Szymanowska, M. (2006, december 18). Essays on Rational Asset Pricing. CentER Graduate School, Tilburg University (163 pag.). Prom./coprom.: prof. dr. F. de Roon, prof. dr. C. Veld & dr. J. ter Horst.

• ERIM Awards (1)

  Name	Fellowship - ERIM early career talent programme
  Year	2006
  Website

2012/2013	Asset Pricing Theory
Code:	BERM.SC.066
ECTS:	4
Course level:	Specialisation
2012/2013	Empirical Asset Pricing
Code:	BERM.SC.067
ECTS:	4
Course level:	Specialisation
2012/2013	Seminar Asset Pricing 1
Code:	BERM.AMC.007
ECTS:	5
Course level:	Advanced Methodology
2012/2013	Seminar Asset Pricing 2
Code:	BERM.ASC.032
ECTS:	5
Course level:	Advanced Specialisation
2011/2012	Asset Pricing Theory
Code:	BERM.SC.066
ECTS:	4
Course level:	Specialisation
2011/2012	Empirical Asset Pricing
Code:	BERM.SC.067
ECTS:	4
Course level:	Advanced Specialisation

Apr 25, 2012	Sorting out inflation
	ERIM Research Seminar | Finance
Dec 14, 2011	Commodity-Based Consumption Tracking Portfolios and the Cross-Section of Average Stock Returns
	ERIM Research Seminar | Finance
Mar 30, 2011	The Stock Market Price of Commodity Risk
	ERIM Research Seminar | Finance
Sep 13, 2005	Behavioral Factors in the Pricing of Financial Products
	ERIM Research Seminar | Finance