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Johannes Stroebel

Johannes Stroebel

Joined Stern 2013

Leonard N. Stern School of Business
Kaufman Management Center
44 West Fourth Street, TBA
New York, NY 10012

Personal website


Johannes Stroebel is the David S. Loeb Professor of Finance at the New York University Stern School of Business. He conducts research in climate finance, household finance, social network analysis, macroeconomics, and real estate economics.

Professor Stroebel was awarded the 2023 Fischer Black Prize by the American Finance Association, given every two years to the top financial economist under the age of 40. He has won numerous other awards, including the AQR Asset Management Institute Young Researcher Prize and the Brattle Award for the best paper published in the Journal of Finance. He has also earned an Andrew Carnegie fellowship and an Alfred P. Sloan Research Fellowship in Economics. Professor Stroebel holds or has held editorial positions at the Journal of Political Economy, the Review of Economic Studies, the Journal of Finance, and Econometrica.

Professor Stroebel teaches classes on climate finance at the undergraduate, MBA, and executive education levels. He regularly provides advice to governments and firms on managing their financial risks from climate change. Among other roles, he was a member of the Climate-Related Market Risk Subcommittee at the Commodities and Futures Trading Commission (CFTC), as well as a member of a Working Group on Extreme Weather and Financial Risks at the President’s Council of Advisors on Science and Technology (PCAST). He is the Chair of the Academic Advisory Council of the Center on Regulation and Markets at the Brookings Institution.

Professor Stroebel read Philosophy, Politics, and Economics at Merton College, Oxford, where he won the Hicks and Webb Medley Prize for the best performance in Economics. In 2012, he earned a Ph.D. in Economics at Stanford University, where he held the Bradley and Kohlhagen Fellowships at the Stanford Institute for Economic Policy Research. Before joining NYU in 2013, Professor Stroebel was the Neubauer Family Assistant Professor of Economics at the University of Chicago Booth School of Business.

Research Interests

  • Real estate economics
  • Macroeconomics
  • Consumer credit
  • Finance
  • Climate Finance
  • Social Network Analysis

Courses Taught

  • Climate Finance: The Economic and Financial Implications of Climate Change
  • Foundations of Finance

Academic Background

B.A., Philosophy, Politics and Economics
Merton College, Oxford

Ph.D., Economics
Stanford University

Related News & Research

Professor Johannes Stroebel Wins 2023 Fischer Black Prize

The Impact of Social Capital on Economic Mobility

Professor Johannes Stroebel Named to Andrew Carnegie Fellows Class of 2022

Joint research from Professors Theresa Kuchler and Johannes Stroebel on how the geographic spread of COVID-19 correlates with the structure of social networks is mentioned

Aligning New York City’s Social Networks and Urban Transit

Hedging Climate Change News

Professor Theresa Kuchler is interviewed about her joint research with Professor Johannes Stroebel on the impact of public transit travel times on social connections

Hedging Against Climate Change

In a joint blog post, Professors Theresa Kuchler and Johannes Stroebel share their research findings on how social networks influence home-buying decisions

Professor Johannes Stroebel's joint research on the link between investors' beliefs and behavior is featured

Professors Robert Engle and Johannes Stroebel's joint research on hedging climate change news is spotlighted

Professor Johannes Stroebel's joint research on discount rates in housing markets is included in a story on mitigating climate change

Professor Johannes Stroebel is interviewed about his joint research with Professor Theresa Kuchler on social connectedness

Professor Theresa Kuchler's and Johannes Stroebel's joint research on tsocial “connectedness” of Americans, as measured through friendship links on Facebook, is featured

Professor Johannes Stroebel's joint research on the impact of the CARD Act is referenced

Professors Theresa Kuchler and Johannes Stroebel's joint research on social networking and housing decisions is spotlighted

Norwegian Finance Initiative Awards Two-Year Grant to Professors Robert Engle and Johannes Stroebel for Research on Financial Economics and Climate Change

Four NYU Faculty Win Sloan Foundation Research Fellowships

Professor Johannes Stroebel is Awarded Sloan Foundation Research Fellowship

Can your Facebook friends influence your decision to buy a house?

Areas of Expertise


  • Federal Reserve Bank/Central bank
  • Macroeconomics


  • Bankruptcy
  • Credit Risk/Default Risk
  • Credit/Debt Markets
  • Fannie Mae/Freddie Mac
  • Financial Institutions
  • Subprime Lending


  • Housing/Real Estate