Björn Hagströmer

Björn Hagströmer is Professor in Finance at Stockholm Business School, Stockholm University, and a visiting research fellow at the Swedish House of Finance. He is also a member of the European Securities and Markets Authority (ESMA) Group of Economic Advisers.

Hagströmer’s main research interests are empirical market microstructure and empirical asset pricing. His current focuses include (i) information revelation in financial markets, (ii) large and long-term investors in fast and fragmented markets, and (iii) liquidity measurement.

Education: PhD from Aston Business School, Aston University (2010). MSc from Department of Economics, Lund University (2006).

Publications

Björn Hagströmer, Abalfazl Fareei, Anders Vilhelmsson, Caihung Xu, Erik Hjalmarsson, Inaki Rodriguez Longarela, Lars Norden, Lu Lui, Marcin Zamojski together with 343 coauthors (2024). Non-Standard Errors, Journal of Finance, vol. 79, pp. 2339-2390

Björn Hagströmer (2021). Bias in the Effective Bid-Ask Spread. Journal of Financial Economics, vol. 142, pp. 314-337

Björn Hagströmer and Ester Félez-Viñas (2021). Do volatility extensions improve the quality of closing call auctions?. Financial Review, vol. 56, pp. 385-406

Björn Hagströmer and Albert J. Menkveld (2019). Information Revelation in Decentralized Markets. Journal of Finance, vol. 74 , pp. 2751-2787

Matthew Baron, Jonathan Brogaard, Björn Hagströmer, and Andrei Kirilenko (2019). Risk and Return in High-Frequency Trading. Journal of Financial and Quantitative Analysis 54(3): 993-1024

Björn Hagströmer, Jonathan Brogaard, Lars Nordén, and Ryan Riordan. (2015). Trading Fast and Slow: Colocation and Liqidity. Review of Financial Studies, vol. 28(12), pp. 3407-3443