Hwagyun (Hagen) Kim

J. Rogers Rainey & Annie Bob Rainey Professor
Associate Professor of Finance
Director of the Ph.D. in Business Administration (Finance)


Hwagyun (Hagen) Kim is J. Rogers Rainey and Annie Bob Rainey Associate Professor of Banking and Finance with Tenure at the Mays Business School of the Texas A&M University. He received his B.A. from Seoul National University and his Ph.D. in Economics from University of Chicago.

His research focuses on asset pricing theory, portfolio management, fixed income, and interactions among investors, policy makers, and corporate managers. His papers are published or accepted in the Journal of Financial Economics, Journal of Money, Credit, and Banking, Journal of Financial and Quantitative Analysis, Management Science, and Quantitative Economics: Journal of the Econometric Society.

Research Interests

Asset Pricing Theory, Portfolio Management, Macroeconomics, Corporate Finance, Econometrics


Title Year Type

Does Ambiguity Matter? Estimating Asset Pricing Models with a Multiple-Priors Recursive Utility

Journal of Financial Economics

2015 Article