Anastasia V. Kartasheva

Assistant Professor of Insurance and Risk Management

Department of Business and Public Policy

The Wharton School, University of Pennsylvania

CURRICULUM VITAE

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EMPLOYMENT

   

The Wharton School, University of Pennsylvania

Assistant Professor of Insurance and Risk Management, 2007 – present

Research Fellow, Wharton Risk Management and Decision Processes Center, 2008 - present

   

J. Mack Robinson College of Business, Georgia State University

Assistant Professor of Risk Management and Insurance, 2004 – 2007

(On leave multiple months during 2004-2006 due to family health emergency)

   

The World Bank, Washington DC

Short Term Consultant, 2000, 2001, 2003

   

Central Economics and Mathematics Institute of the Russian Academy of Science Research Associate, 1997-1998

   

EDUCATION

   

University of Toulouse, France

PhD in Economics, with highest honors, 2004. Chairs: Jean-Jacques Laffont and Partick Rey

M.S. in Economic Theory and Econometrics, with highest honors, 1999

   

New Economic School, Moscow, Russia

M.A. in Economics, 1998

   

Lomonosov Moscow State University, Russia

B.S. in Mathematical Economics, 1997

   

RESEARCH

   

Research Interests

 

Information economics, corporate finance, financial institutions, risk management and insurance, industrial organization

 

Published and Submitted Papers

 

1. “Design of Investment Promotion Policies,” International Journal of Industrial Organization (forthcoming).

   

2. “Information Effect of Entry into Credit Ratings Market: The Case of Insurers’ Ratings,”

with Neil Doherty and Richard D. Phillips, Journal of Financial Economics (forthcoming).

   

3. “Insurer’s Insolvency Prediction Using Random Forest Classification,”

with Mikhail Traskin, Journal of Risk and Insurance, revise and resubmit.

   

Working papers

   

4. “Precision of Ratings,” with Bilge Yilmaz.

5. “Real Effects of Rating Standards for Catastrophic Risks,” with Sojung Carol Park.

6. “Transparency of Information Exchange in Dynamic Common Agency.”

7. “The Value of Ex-Ante Agreements.”

8. “Sequential Common Agency: The Revelation Principle”

 

Work in Progress

 

9. “Rating Standards and Market Competition,” with Alon Eizenberg

10. “Demand for Multiple Ratings,” with Alon Eizenberg

 

Policy Reports

 

11. “Recent Theoretical Work on Capital Markets Imperfections and Financing Arrangements,” with Antonio Estache. World Bank Policy Report, 2003.

12. “Aid-Driven Distortions in the Efficiency and Distributional Outcomes of Infrastructure Reform,” with Antonio Estache. World Bank Policy Report, 2001.

13. “Contract Renegotiations on Concessions in Latin America and Caribbean Region: An Economic Analysis and Empirical Implications,” with Jose Luis Guasch and Lucia Quesada. World Bank Policy Report, 2000.

   

GRANTS, HONORS AND AWARDS

   

Wharton Risk Management and Decision Processes Center Fellowship, 2010 Wharton Dean’s Research Fund, 2010

Rodney L. White Center for Financial Research Grant, 2008, 2009, 2010

Global Association of Risk Professionals (GARP), Research Program Grant, 2009 Robinson College of Business, Georgia State University Research Grant, 2006 Marie Currie European Commission Post-Doctoral Fellowship, 2004

Toulouse School of Economics, Graduate Studies Scholarship, 1998-2003

Center for Institutional Reform and Informal Sector at the University of Maryland, Individual Research Grant, 1997

Russian Scientific Fund for Humanities, Russian Academy of Science Research Grant 1997, 1998

   

COURSE MATERIALS

 

“Metallgesellschaft AG and Its Hedging Program”, Wharton School Case No.68, 2011

“Metallgesellschaft AG and Its Hedging Program: Case Questions”, Wharton School Case No.68, 2011