Carsten Tanggaard took his MSc degree from Aarhus University in 1984. Since 1984 he has been at the Aarhus School of Business, where he became a professor of finance in 2002. From 2007 to 2012 he is working for CREATES at the Department of Economics and Business. He was a co-founder of Scanrate Financial Systems A/S back in 1986. Today he is the chairman of the Money and Pension Panel (at the Danish Ministry of Economics and Business Affairs) and a board member of Stockrate Asset Management A/S. Carsten Tanggaard is interested in financial econometrics, financial markets and personal finance. He has published in journals like European Financial Management, Journal of Banking and Finance, Journal of Econometrics, Journal of Empirical Finance and Journal of Financial and Quantitative Analysis.