Alexander Ljungqvist
Alexander Ljungqvist is the inaugural holder of the at the Stockholm School of Economics. Before joining the School in spring 2018, he taught at New York University, Harvard Business School, London Business School, Oxford University (where he held the Bankers Trust Fellowship), and Cambridge University (where he held the Sir Evelyn de Rothschild Fellowship). While at NYU, he held the Ira Rennert Chair in Finance and Entrepreneurship and served as the Sidney Homer Director of the . He is a Fellow of the Centre for Economic Policy Research in London, a Founder and Senior Fellow of the in Singapore, a Fellow of the in Stockholm (IFN), a Co-Founder of the Nordic Initiative for Corporate Economics (NICE), and a former Research Associate of the in Cambridge. He has previously served as Editor of the , a leading scholarly journal.
Professor Ljungqvist’s research interests range widely. He has made contributions in the areas of corporate finance, corporate governance, corporate taxation, investment banking, IPOs, entrepreneurial finance, private equity, venture capital, asset pricing, market microstructure, innovation, patents, and labor economics. He has published more than 30 articles in leading peer-reviewed journals, including Econometrica, the Journal of Political Economy, the Journal of Finance, the Review of Financial Studies, the Journal of Financial Economics, and the Journal of Accounting Research. Dr. Ljungqvist is a holder of an ERC Advanced Grant (2024-2029). In 2019 and again in 2024, Dr. Ljungqvist was appointed a Wallenberg Scholar. In 2011, he was honored with the .
The recipient of several teaching awards, Dr. Ljungqvist has taught MBA classes in valuation, entrepreneurial finance, and venture capital and private equity, PhD seminars in corporate finance, and executive courses in financial management, venture capital, private equity, and investment banking. He currently teaches a course on Entrepreneurial Finance and Venture Capital that is open to SSE's masters students.
Dr. Ljungqvist currently serves on the Board of Directors of , a Swedish public pension fund focusing on investments in venture capital and private equity. He has previously served as a securities market regulator via the , on 's Council of Experts overseeing the "Alternative Investments 2020" project, on a working group tasked with "Rethinking financial innovation", on the UK Panel of Experts overseeing the 2014 review of the UK equity markets, and on the supervisory board of mAbxience SA, a European biosimilars company. In the 2000s, he designed alternative investment strategies for Deutsche Bank Securities and Deutsche Bank Asset Management. Over the past 25 years, he has consulted widely on private equity, corporate finance, regulatory economics, corporate strategy, and in high-profile litigation.
Dr. Ljungqvist received an MSc in economics and business from Lund University in Sweden and his MA, MPhil, and DPhil degrees in economics from Nuffield College at Oxford University.
Selected publications
Yen-Cheng Chang, Alexander Ljungqvist, and Kvenin Tseng (2023). Review of Financial Studies, vol. 36, 3163-3212
Alexander Ljungqvist, Yen-Cheng Chang, Pei-Jie Hsiao and Kevin Tseng (2022).
Deepak Hegde, Alexander Ljungqvist, and Manav Raj (2022). . Review of Financial Studies, vol 35, pp. 2705-2742
Alexander Ljungqvist, Joan Farre-Mensa and Deepak Hede (2019).
Alexander Ljungqvist, Matthew Richardson and Daniel Wolfenzon (2019).
Kerry Back, Pierre Collin-Dufresne, Vyacheslav Fos, T. Li and Alexander Ljungqvist (2018).
Alexander Ljungqvist, Liangong Zhang and Luo Zuo (2017).
Alexander Ljungqvist and Wenlan Qian (2016).
Alexander Ljungqvist and Joan Farre-Mensa (2016).
Alexander Ljungqvist and Florian Heidera (2015).
Alexander Ljungqvist, John Asker and Joan Farre-Mensa (2015).
Alexander Ljungqvist, Karthik Balakrishnan and Mary B. Billings and Bryan T. Kelly (2014).
Alexander Ljungqvist, Yael V. Hochberg and Annette Vissing-Jørgensen (2014).
Alexander Ljungqvist, Francesca Cornelli and Zbigniew Kominek (2013).
Alexander Ljungqvist and Bryan Kelly (2012).
Alexander Ljungqvist and John Asker (2010).
Alexander Ljungqvist, Yael V. Hochberg and Yang Lu (2010).
Alexander Ljungqvist, Felicia Marston and William J. Wilhelm (2009).
Alexander Ljungqvist, Christopher J. Malloy and Felicia Marston (2009).
Alexander Ljungqvist, Felicia Marston, Laura T. Starks, Kelsey D. Wei and Hong Yan (2007).
Giles Chemla, Michel Habib and Alexander Ljungqvist (2007). . Journal of the European Economic Association, vol. 5, pp. 93-121
Yael Hochberg, Alexander Ljungqvist and Yang Lu (2007). . Journal of Finance, vol. 62, pp. 251-301
Alexander Ljungqvist, Vikram Nanda and Raj Singh (2006). ”. Journal of Business, vol. 79, pp. 1667-1702
Francesca Cornelli, David Goldreich and Alexander Ljungqvist (2006). ”. Journal of Finance, vol. 61, pp. 1187-1216
Alexander Ljungqvist, Felicia Marston and William J. Wilhelm (2006). Journal of Finance, vol. 61, pp. 301-340
Michel Habib and Alexander Ljungqvist (2005). Journal of Business, vol. 78, pp. 2053-2094
Alexander Ljungqvist and William J. Wilhelm (2005). Journal of Finance, vol. 60, pp. 1759-1790
Lawrence Benveniste, Alexander Ljungqvist, William J. Wilhelm and Xiaoyun Yu (2003). Journal of Finance, vol. 58, pp 577-608
Alexander Ljungqvist and William J. Wilhelm (2003). Journal of Finance, vol. 58, pp. 723-752
Alexander Ljungqvist, Tim Jenkinson and William J. Wilhelm (2003). Review of Financial Studies, vol. 16, pp. 63-99
Alexander Ljungqvist and William J. Wilhelm (2002). Journal of Financial Economics, vol. 65, pp. 167-201
Michel Habib and Alexander Ljungqvist (2001). . Review of Financial Studies, vol. 14, pp. 433-458
Tim Jenkinson and Alexander Ljungqvist (2001). . Journal of Corporate Finance, vol. 7, pp. 397-446
Michel Habib and Alexander Ljungqvist (1998). . Economics Letters, vol. 61, pp. 381-383