Stephen received his Ph.D. in the Economics department at UC Berkeley in 2014, specializing in financial economics and econometrics. He holds an M.S. in Management Science & Engineering from Stanford University as well as the Chartered Financial Analyst designation. Prior to entering the Ph.D. program, Stephen worked in the fixed income research group at MSCI Barra, where his responsibilities included term structure and credit spread curve estimation and the development of fixed income risk models for the United States and Japan. His current interests include applications of quantile regression in empirical finance and the use of generalized deviation measures in the context of the Capital Asset Pricing Model, in factor analysis, and in portfolio construction. Stephen is also a lecturer in the Economics department at UC Berkeley.
Working and Published Papers
2013-01: Robert M. Anderson, Stephen W. Bianchi, Lisa R. Goldberg, "In Search of a Statistically Valid Volatility Risk Factor" (revised from working paper # 2012-10)