BEN BERNANKE
PRIZE
Each year, the Bendheim Center for Finance awards the Ben Bernanke Prize in Financial and
Monetary Economics to an exceptional Princeton Ph.D. student (or students) who has written
an outstanding draft of a “job market paper” for the subsequent academic job market in the
fields of finance or monetary economics.
This year, Ph.D. student Nicolas Hommel has been awarded the prestigious prize. Hommel’s
job market paper, “Firms’ Foreign Exchange Hedging,” combines evidence from 1.5 million
foreign exchange derivatives contracts with a dynamic risk management model to propose a
new view of currency hedging by Eurozone firms. See more about Hommel’s research on his
website.
The prize is named in honor of Ben Bernanke, who, as Chairman of Princeton’s Department of
Economics, established the Bendheim Center for Finance. During his distinguished tenure at
Princeton, Bernanke shaped Princeton and taught at the graduate and undergraduate levels.
2025 PRIZE WINNER: NICOLAS HOMMEL
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