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Karoline Bax, Ph.D.


Technical University of Munich


I am a passionate and driven young researcher finding my place in the field of sustainable finance.  


I am currently a postdoctoral researcher and lecturer at the Technical University of Munich, Germany. Recently, I have received my Ph.D. from the University of Trento, Italy. Prior I received a B.Sc. in General Management and M.Sc. in Finance from the EBS Universität für Wirtschaft und Recht, Germany.

I have been working on several projects investigating different characteristics of assets with specific ESG scores and developing new and more reliable indicators regarding the (tail) dependencies between different assets. The aim of this research is to determine whether assets with similar ESG scores share common risk characteristics and can reliably be used in asset pricing, risk management, and portfolio analysis. 

I recently presented at the 13th CEQURA Conference and the 31st European Financial Management Association (EFMA)

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