Current Position
Assistant Professor (tenured)
Department of Econometrics and OR
Tilburg University
I am a research fellow of Netspar (Network for Studies on Pensions, Aging and Retirement)
Moreover, I (co-)organize the following research events:
- QFAS Workshop (Quantitative Finance and Actuarial Science) at Tilburg University (with Anne Balter and Nikolaus Schweizer)
- Environmental Economics Seminar at Tilburg University (with Claudia Ranocchia)
- Workshop on Macroeconomic Perspectives on Climate Change at the University of Freiburg (with Marten Hillebrand)
NEWS: My paper Three Reasons to Price Carbon: Accuracy of Simple Rules has been accepted for publication in Quantitative Economics.
Research Interests
I am a financial economist focusing on various aspects of asset pricing, climate finance, and household finance both from theoretical and empirical angles. I am keen on analyzing how climate change affects financial markets and the real economy. Therefore, my research can also be classified as environmental macro finance. I am particularly interested in how carbon taxation triggers the transition towards a low-carbon economy and how it changes the investment behavior of market participants towards more sustainable investment opportunities. Moreover, I also study dynamic asset allocation, housing decisions, and optimal insurance demand of private households in the presence of adversity (e.g., biometric risk, climate risk, transaction costs, energy price shocks, …), where I employ techniques from actuarial science, among others.
Selected Publications
- Three Reasons to Price Carbon under Uncertainty: Accuracy of Simple Rules (with Ton van den Bremer and Frederick van der Ploeg), Quantitative Economics, forthcoming, 2026
- Policy Transition Risk, Carbon Premiums, and Asset Prices (with Frederick van der Ploeg), Journal of Monetary Economics, Vol. 152, 103780, 2025
- Asset Diversification versus Climate Action (with Holger Kraft and Frederick van der Ploeg), International Economic Review, Vol. 65, 1323–1355, 2024
- The Social Cost of Carbon in a Non-cooperative World (with Holger Kraft and Eduardo S. Schwartz), Journal of International Economics, Vol. 131, 103490, 2021
Contact Details
e-mail: C.Hambel@tilburguniversity.edu
phone: +31 134668908
office: K 513
