Welcome to Richard Friberg's homepage

I am the Jacob Wallenberg Professor at the Stockholm School of Economics. My research focuses on imperfectly competitive markets (Industrial Organization) with an emphasis on investigating responses by firms to uncertainty and various risks, in particular exchange rate risk. I teach microeconomics at the undergraduate level and Industrial Organization at the PhD level. I'm also adjunct professor at NHH Bergen. A CV is available here

My book "Managing Risk and Uncertainty" is especially close to my heart. It targets master students, MBAs or advanced bachelor level students in courses on risk management. Much of my other work is available for downloading here.

Some representative work:

"The law of one price in Scandinavian duty-free stores", 2001, American Economic Review 91, 1072-1083 with M. Asplund.

"Exchange rate exposure in differentiated product industries: A simulation approach", 2007, Journal of Finance LXIIM, 2475-2502, with M. Ganslandt.

"Risk and ambiguity in 10-Ks: An examination of cash holding and derivatives use", 2017, Journal of Corporate Finance 45, 608-631 with T. Seiler.

"Exchange rate risk and the skill composition of labor", 2020, Review of World Economics 156, 287-312, with M. Sanctuary.

"All the bottles in one basket? Evaluating the effect of intra-industry product diversification on risk", forthcoming, Long Range Planning.

"Hump-shaped cross-price effects and the extensive margin in cross-border shopping" , with F. Steen and S.A. Ulsaker, forthcoming, American Economic Journal: Microeconomics.

Corporate responses to stock price fragility, with K.W. Hankins and I. Goldstein

For contact details, please see my homepage at SSE.

Last updated: May 2020.