Dr Maxim Bouev

MSc, MA, St.Petersburg, MPhil, DPhil, Oxf

Profile picture of Maxim Bouev

Academic Visitor

maxim.bouev@sant.ox.ac.uk

Maxim is returning to St.Antony’s, while taking a leave from his duties at the New Economic School (NES) in Moscow, where he is professor and vice-rector for corporate projects.

Maxim’s research interests are broad ranging from labour to financial markets. During his doctorate studies at St.Antony’s he focussed on the theories of search, matching and sorting in the labour market during the so-called transition period from planned to market economy in Eastern Europe. His most recent work in that area is a project aimed at assessing attitudes towards migrant workers in Russia, which builds on similar research done for the US market.

In the area of financial economics Maxim is interested in issues of financial asset pricing, asset and liability management, risk management. With colleagues from Glasgow and Stockholm he is currently finishing a project looking at how foundations and endowments differ as regards spending their returns in such diverse markets as the UK, Sweden, and Russia.

Together with Kirill Ilinski he wrote a hugely popular two-volume monograph on the history and philosophy of modelling in finance published in Russian by Nauka Publishers (Moscow) in 2020. The work was a runner-up in the competition «Business Book of the Year in Russia» run by PWC in 2021. Also, with Ilinski alongside other colleagues from several countries Maxim is now working on a new financial market design that could provide safeguards against the potential destabilisation of the world economy because of global heating.

Before NES and after graduation from St.Antony’s Maxim worked in various banks in the City of London. In 2000 he was on the financial institutions team in the investment banking division of N.M.Rothschild & Sons. In 2005-2008 he worked as an associate on the FX quantitative analytics team of ABN AMRO Bank, later joining as vice-president the FX quants at the Royal Bank of Scotland (2008-2012).

After that he returned to academia, was head of the Department of Economics of the European University at St.Petersburg in 2012-2017, and then moved to NES – the leading private graduate economics school in Russia.

Maxim regularly publishes his op-eds in the Russian business media.