prof. dr. Albert Menkveld

Albert Menkveld is Professor of Finance at Vrije Universiteit Amsterdam and Fellow at the Tinbergen Institute. In 2002, he received a Tinbergen PhD from Erasmus University Rotterdam. He was on visiting positions for multiple years at various U.S. schools (NYU, Wharton, and Stanford). As of 2023, he is a member of the Royal Netherlands Academy of Sciences (Koninklijke Nederlandse Academie van Wetenschappen, or KNAW). 

Albert's research agenda is focused on securities trading, liquidity, asset pricing, and financial econometrics. He has published in various journals, for example, the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies.  Albert is Associate Editor at the Review of Asset Pricing Studies and a Research Fellow at the Centre for Economic Policy Research (CEPR).

• Autoriteit Financiële Markten (AFM) | Amsterdam | | 2021-10-18 - present

Ancillary activities are updated daily

Albert teaches market microstructure at a PhD and (advanced) Master level.  These courses familiarize students with the inner working of financial markets and all frictions that lead to transaction costs.  He emphasizes that these transaction costs drive a substantial wedge between gross and net returns of a portfolio strategy.  I also supervise PhD students and Master theses in this field.