Assistant Professor
Finance
About
Anastassia Fedyk is an Assistant Professor of finance at the Haas School of Business at UC Berkeley. Her research lies at the intersection of behavioral finance and innovation, with a specific emphasis on using big data techniques to understand firm news and valuations. She studies how information from financial news and individual employment records influences asset prices and explores the impact of firms’ investments in technology and skilled human capital. Anastassia holds a PhD in Business Economics from Harvard University and a BA in Mathematics with honors from Princeton University. Prior to pursuing her academic career, Anastassia Fedyk was a researcher and portfolio manager at Goldman Sachs Asset Management.
Expertise and Research Interests
- Behavioral Economics
- Empirical Asset Pricing
- Experimental Economics
- Labor and Finance
- When can the market identify old news? (with James Hodson) April 2023. Journal of Financial Economics, forthcoming.
- Finalist, 2019 Hillcrest Behavioral Finance Award
- Divesting under pressure: U.S. firms’ exit in response to Russia’s war against Ukraine. (with Tetyana Balyuk) March 2023. Journal of Comparative Economics, forthcoming. (Special issue on “Ukraine: war, resilience, and future developments”)
- Artificial intelligence, firm growth, and industry concentration. (with Tania Babina, Alex He, and James Hodson) January 2023. Journal of Financial Economics, accepted.
- Trading on talent: Human capital and firm performance. (with James Hodson) September 2022. Review of Finance, forthcoming.
- Best Paper on Long-Term Investments, 2018 Northern Finance Association
- Winner, 2017 Jack Treynor Prize from the Institute for Quantitative Research in Finance
- Second Place, 2017 PanAgora Asset Management Dr. Richard A. Crowell Memorial Prize
- Firm investments in artificial intelligence technologies and changes in workforce composition. (with Tania Babina, Alex He, and James Hodson) September 2022. NBER Volume on Technology, Productivity, and Economic Growth, forthcoming.
- Front page news: The effect of news positioning on financial markets. April 2022. Journal of Finance, forthcoming.
- Best Paper Award, 2018 FMA Napa Conference on Financial Markets Research
- Best Ph.D. Paper Award, 2017 European Finance Association
- 2017 WFA Cubist Systematic Strategies PhD Candidate Award for Outstanding Research
- Finalist, 2016 Hillcrest Behavioral Finance Award
- Is artificial intelligence improving the audit process? (with Tatiana Fedyk, James Hodson, and Natalya Khimich) 2022. Review of Accounting Studies, 27: 938-985. (Presented at the 2021 RAST Conference).
- Disagreement after news: Gradual information diffusion or differences of opinion? 2021. Review of Asset Pricing Studies, 11(3): 465-501. Editor’s Choice. Internet Appendix
- Review of Asset Pricing Studies Rising Scholar Award, 2022
- Best Paper on Market Microstructure, 2019 Northern Finance Association
- Also circulated under the title of “News-Driven Trading: Who Reads the News and When?”
- Do consulting services affect audit quality? Evidence from the workforce (with Tatiana Fedyk, James Hodson, and Natalya Khimich) January 2023. Revise and Resubmit, The Accounting Review.
- Asymmetric naïveté: Beliefs about self-control. October 2022. Internet Appendix. Revise and Resubmit (2nd round), Management Science.
- Winner, Carlsberg Foundation Special Prize for Young Scholar at the 2018 NCBEE
- Lehman’s lemons: Do career disruptions matter for the top 5%? (with James Hodson) January 2022.
- Managerial structure and performance-induced trading. (with Saurin Patel and Sergei Sarkissian) January 2022.
At Haas since 2018
2018 – present, Assistant Professor, Haas Finance Group
Hillcrest Behavioral Finance Award, Finalist
Paper: When Can the Market Identify Stale News?
2019
Northern Finance Association, Best Paper on Market Microstructure
Paper: Disagreement after News: Gradual Information Diffusion or Differences of Opinion?
2019
Carlsberg Foundation Special Prize for Young Scholar at the NCBEE, Winner
Paper: Asymmetric Naivete: Beliefs about Self-Control
2018
Northern Finance Association, Best Paper on Long-Term Investments
Paper: Trading on Talent: Human Capital and Firm Performance
2018
FMA Napa Conference, Best Paper Award
Paper: Front Page News: The Effect of News Positioning on Financial Markets
2018
Jack Treynor Prize from the Institute for Quantitative Research in Finance
Paper: Trading on Talent: Human Capital and Firm Performance
2017
European Finance Association, Best Ph.D. Paper Award
Paper: Front Page News: The Effect of News Positioning on Financial Markets
2017
PanAgora Asset Management Dr. Richard A. Crowell Memorial Prize, 2nd place
Paper: Trading on Talent: Human Capital and Firm Performance
2017
WFA Cubist Systematic Strategies PhD Candidate Award for Outstanding Research
2017
Hillcrest Behavioral Finance Award, Finalist
Paper: Front Page News: The Effect of News Positioning on Financial Markets
2016
World Finance Conference, Top 3 Best Paper Award
Paper: News Consumption: From Information to Returns
2016
- Trump to finalize his pick for chair of Federal Reserve, The American Bazaar, 12/04/2025
- President Trump rolls back tariffs on some food imports like coffee and beef, NBC Bay Area, 11/16/2025
- AI told them which stocks to buy. The results are wild, The San Francisco Standard, 10/31/2025
- Strings attached to Ukrainian aid unhelpful for warfighting, Taipei Times, 10/27/2025
- Investigation: Top Russian defense industry boss tries to lift sanctions, spills own secrets instead, The Kyiv Independent , 10/07/2025
- UC Berkeley professor in Kyiv flees to bomb shelter during Russian drone attacks, KTVU Fox, 08/30/2025
- Economist – New CPI report shows U.S. inflation held steady in July, Fox News, 08/12/2025
- New weapons for Ukraine: What will Kyiv receive and who will pay for it, Deutsche Welle News, 07/31/2025
- New weapons for Ukraine: What will Kyiv receive and who will pay for it, Deutsche Welle, 07/15/2025
- What is the bond market, and why is it so important for the economy?, Politifact, 04/15/2025
- Treasuries vs. Trump: Markets Force Political U-Turn, Business Insider (Polish), 04/15/2025
- Why bonds, not stocks, could predict the next economic crisis in the US, Aljazeera, 04/15/2025
- Wall Street ends turbulent week with a win, investors still on edge, NBC Bay Area, 04/11/2025
- Why the bond market matters for your finances and the economy, ABC News, 04/09/2025
- Why the bond market matters for your finances and the economy, Yahoo Finance, 04/09/2025
- Introduction to Finance (core), MBA-203 & EWMBA-203