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Biography

Irina Zviadadze is an Associate Professor of Finance at HEC Paris

She received a Ph.D. in Finance in 2013 from the London Business School. Between 2013 and 2019, Irina served as an Assistant Professor of Finance at the Stockholm School of Economics, where she taught a core course on derivatives pricing and financial markets to BSc students, topics in Asset Pricing for Doctorate students, and Investments and Financial Management to students in an Executive program. In 2019, Irina joined HEC Paris, and since then, she has taught financial economics in the HEC's flagship Grand Ecole program. In 2023, Irina started teaching a course on Risk and Return in the Executive Master in Finance program.

Irina's research interests lie in asset pricing. She studies a risk-return tradeoff in different asset markets (equity, fixed-income, and foreign-exchange markets) and across different horizons. Her papers appeared in the Journal of Finance, Review of Financial Studies, and Journal of Financial and Quantitative Analysis; and were also presented at numerous conferences and seminars worldwide. Irina has received several research awards, including Hans Dalborg's award for excellence in research in financial economics in 2019 and the Best Young Researcher Award in Finance and Economics in 2023 by Foundation SCOR, Europlace Institute of Finance, and Institut Louis Bachelier.

Scientific articles

Le prix EIF/SCOR 2023 du meilleur jeune chercheur en finance et en assurance (interview)

Risques, September 2023, vol. 135, pp 155-158, (in coll. with O. GUÉANT)

Monetary policy risk: Rules versus Discretion

Review of Financial Studies, december, 2 2022, vol. 35, n° 5, pp 2308–2344, (in coll. with D. K. BACKUS, M. CHERNOV, S. E. ZIN)

Term structure of risk in expected returns

Review of Financial Studies, December 2021, vol. 34, n° 12, pp 6032-6086,

Crash Risk in Currency Returns

Journal of Financial and Quantitative Analysis, February 2018, vol. 53, n° 1, pp 137-170, (in coll. with Mikhail Chernov, Jeremy Graveline)

Term Structure of Consumption Risk Premia in the Cross Section of Currency Returns

Journal of Finance (The), aout 2017, vol. 72, n° 4, pp 1529-1566,

Working papers

Scientific articles

Le prix EIF/SCOR 2023 du meilleur jeune chercheur en finance et en assurance (interview)

Risques, September 2023, vol. 135, pp 155-158, (in coll. with O. GUÉANT)

Monetary policy risk: Rules versus Discretion

Review of Financial Studies, december, 2 2022, vol. 35, n° 5, pp 2308–2344, (in coll. with D. K. BACKUS, M. CHERNOV, S. E. ZIN)

Term structure of risk in expected returns

Review of Financial Studies, December 2021, vol. 34, n° 12, pp 6032-6086,

Crash Risk in Currency Returns

Journal of Financial and Quantitative Analysis, February 2018, vol. 53, n° 1, pp 137-170, (in coll. with Mikhail Chernov, Jeremy Graveline)

Working papers

Education

  • PhD in Finance, London Business School - United Kingdom

Academic appointments

Academic Responsibilities at HEC

  • 2019- Associate Professor, Finance HEC Paris
  • 2019- Member of GREGHEC, the joint research laboratory CNRS-HEC Paris HEC Paris

External Academic Responsibilities

  • 2013-2019 Assistant Professor, Finance Stockholm School of Economics

Scientific Activities

Membership in Academic or Professional Organisation

  • CEPR Research Affiliate (Financial Economics)
  • Macrofinance Society

Editorial activities

  • Referee for Journal of Applied Econometrics, Journal of Banking and Finance, Journal of Credit Risk, Journal of Econometrics, Journal of Empirical Finance, Journal of Finance, Journal of Financial and Quantitative Analysis, Journal of International Economics, Management Science, Mathematics and Financial Economics, Review of Asset Pricing Studies, Review of Finance, Review of Financial Studies

  • Awards & honors

    • 2023 Best paper awarded by Inquire Europe (Institute for Quantitative Research in Europe) to the research entitled What is Missing in Asset-Pricing Factor Models co-written with Raman Uppal from EDHEC Business School, and Massimo Dello-Preite and Paolo Zaffaroni from Imperial College London
    • 2023 2023 IEF/SCOR Award for Best Researcher in Finance and Insurance
    • 223 Best paper presented at the 2023 Inquire Europe Autumn Seminar to the research entitled What is Missing in Asset-Pricing Factor Models co-written by Irina Zviadadze with Raman Uppal from EDHEC Business School, and Massimo Dello-Preite and Paolo Zaffaroni from Imperial College London