Elias Rantapuska

Experience   Research   Teaching   Office hours

Elias RantapuskaAssistant Professor of Finance

Room: G-218 (Chydenia 2nd floor)
Office hours: see at the bottom of the page

Tel: +358 40 353 8419
Email: elias.rantapuska [at] aalto [dot] fi

Skype: eliasrantapuska

Curriculum Vitae (pdf)



Aalto University
- Assistant Professor of Finance 7/2010 to present

McKinsey & Company
- Senior Associate 8/2006-6/2010

Helsinki School of Economics
- Assistant, Researcher, and Assistant Professor of Finance 1/2002-8/2006

J.P. Morgan 
- Intern 6/2002-8/2002


"Why Does Portfolio Choice Correlate across Generations?", 2017. With Samuli Knüpfer and Matti Sarvimäki.

"Does Short-Term Hunger Increase Trust and Trustworthiness in a High Trust Society?", 2017. With Riitta Freese, Kaisa Hytönen and Iiro Jääskeläinen. Frontiers in Psychology, 07 November 2017.

“Formative Experiences and Portfolio Choice: Evidence from the Finnish Great Depression”, 2017. With Samuli Knüpfer and Matti Sarvimäki. Journal of Finance 73 (1), 133-166. Featured in the Economist. Internet Appendix.

"Does mood affect trading behavior?", 2016. Journal of Financial Markets 29, 1-26, 2016 (with Markku Kaustia). Internet appendix.

“Mutual fund and share ownership in Finland”, Finnish Journal of Business Economics 61, 178-198, 2012. With Matti Keloharju and Samuli Knüpfer.

“Rational and behavioral motives to trade: Evidence from reinvestment of dividends and tender offer proceeds”, Journal of Banking and Finance, 36(8), 2366–2378, 2012. With Markku Kaustia.

“Which investors leave money on the table? Evidence from rights issues”, Review of Finance, 12(4), 701-733, 2008. With Samuli Knüpfer.

Ex-dividend day trading: Who, how and why? Evidence from the Finnish market”, Journal of Financial Economics, 88(2), 355-374, 2008.


International Financial Management

Capstone: Valuation


Office hours

Times fall 2017

By appointment





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