Seminars 2019-20
13.12.2019
Elizabeth Anne BERGER, Cornell University
Half Banked: The Real Effects of Financial Exclusion on Firms
06.12.2019
Rick EVANS, University of Chicago
Public Debt, Interest Rates, and Negative Shocks
22.11.2019
Albert MENKVELD, VU University Amsterdam
Large Orders in Small Markets: On Optimal Execution with Endogenous Liquidity Supply
01.11.2019
Paymon KHORRAMI, The University of Chicago
The Risk of Risk-Sharing: Diversification and Boom-Bust Cycles
11.10.2019
Anna OBIZHAEVA, New Economic School, Moscow
Dimensional Analysis, Leverage Neutrality, and Market Microstructure Invariance
01.10.2019
Antje BERNDT, Australian National University (ANU)
Dealer Inventory, Short Interest and Price Efficiency in the Corporate Bond Market
20.09.2019
Florian NAGLER, Bocconi University
Inventory Capacity and Corporate Bond Offerings
Seminars 2018-19
Mitsuru IGAMI, Yale Department of Economics
Mergers, Innovation, and Entry-Exit Dynamics: Consolidation of the Hard Disk Drive Industry, 1996-2016
Kenneth J. SINGLETON, Stanford University
Learning From Disagreement in the U.S. Treasury Bond Market
04.06.2019
Yufeng WU, University of Illinois
Bank Market Power and Monetary Policy Transmission: Evidence from a Structural Estimation
24.05.2019
Dean CORBAE, University of Wisconsin–Madison
Capital Requirements in a Quantitative Model of Banking Industry Dynamics
17.05.2019
Emiliano PAGNOTTA, Imperial College, London
Bitcoin as Decentralized Money: Prices, Mining, and Network Security
10.05.2019
Narayana KOCHERLAKOTA, University of Rochester
Bounds on Price Setting
03.05.2019
Neeltje van HOREN, Bank of England
All You Need is Cash: Corporate Cash Holdings and Investment after the Financial Crisis
12.04.2019
Ron KANIEL, Simon School of Business, University of Rochester
Relative Pay for Non-Relative Performance: Keeping up with the Joneses with Optimal Contracts
05.04.2019
Jessica A. WACHTER, The Wharton School, University of Pennsylvania
“Superstitious” Investors
29.03.2019
Toni WHITED, Ross School of Business, University of Michigan
Information versus Investment
22.03.2019
Haoxiang ZHU, MIT
FinTech Disruption, Payment Data, and Bank Information
15.03.2019
Erwan QUINTIN, Wisconsin School of Business
Asset Quality Dynamics
Filippo DE MARCO, Bocconi University
Banks as Patient Lenders: Evidence from a Tax Reform
22.02.2019
Maureen O’HARA, Cornell University
Innovation and informed trading: Evidence from industry ETFs
15.02.2019
Karin THOBURN, Norwegian School of Economics – NHH
Upfront Fees and Prepayment Risk in Bank Loans
01.02.2019
Denis GROMB, HEC Paris
Financial Restructuring and Resolution of Banks
Marco PAGANO, University of Naples
Career Risk and Market Discipline in Asset Management
18.01.2019
Engjie AI, University of Minnesota
The Macroeconomics of Announcement Premium
14.12.2018
Marketing Mutual Funds
Andrey GOLUBOV, Rotman School of Management, University of Toronto
The Run-Up in Acquirer
Geoffrey TATE, University of Maryland
Friends during Hard Times: Evidence from the Great Depression
Alberto ROSSI, University of Maryland
Machine Learning, Asset Pricing and FinTech
02.11.2018
Seminars 2017-18
08.09.2017
Stefan NAGEL, Chicago Booth
Shrinking the Cross Section
Seminars 2015-16
11.09.2015
Espen ECKBO, Tuck School of Business, Dartmouth
Are stock-financed takeovers optimistic
18.09.2015
David YERMACK, NYU
Donor Governance and Financial Management in Prominent U.S. Art Museums
25.09.2015
Neng WANG, Columbia University
A theory of liquidity and risk management
02.10.2015
Nina BOYARCHENKO, Federal Reserve Bank of New York
Will Intermediate for Data: Information Sharing in U.S. Treasury Auctions
09.10.2015
Yuliy SANNIKOV, Princeton
Dynamic Trading: Price Inertia, Front-Running and Relationship Banking
16.10.2015
Giovanni BARONE ADESI, Università della Svizzera italiana
Sentiment, Risk Aversion, and Time Preference
30.10.2015
Brian WELLER, Northwestern Kellogg
Measuring Tail Risks in Real Time
06.11.2015
Grigory VILKOV, Frankfurt School of Finance & Management
Non-Myopic Betas
13.11.2015
William FUCHS, Berleley
Information Spillovers in Asset Markets with Correlated Values
20.11.2015
John Yiran ZHU, Wharton
Refinance
04.12.2015
Suresh SUNDARESAN, Columbia
Bank Liability structure
19.02.2016
Martin Oehmke, Columbia
Bank Resolution and the Structure of Global Banks
4.03.2016
Francisco GOMES, London Business School
Expenditures and financial well-being
11.03.2016
Maryam FARBOODI, Princeton
Meeting technologies in asset markets
18.03.2016
Brendan DALEY, Duke
News, Competition and Trade Dynamics
22.03.2016
Alexi SAVOV, NYU
The Deposits Channel of Monetary Policy
22.03.2016
Sascha STEFFEN, ESMT
Zero Risk Contagion – Banks’ Sovereign Exposure and Sovereign Risk Spillovers
22.03.2016
Juliane BEGENAU, Harvard
Financial Regulation in a Quantitative Model of the Modern Banking System
22.03.2016
Lin William CONG, Chicago Booth
Intervention Policy in a Dynamic Environment: Coordination and Learning
22.03.2016
Vikrant VIG, LBS
The Political Economy of Bank Bailouts
22.03.2016
Vojislav MAKSIMOVIC, University of Maryland
Fewer but Smarter? Human Capital, Finance, and Entrepreneurial Success
22.03.2016
Hanno LUSTIG, Stanford
Firm Size Inequality, Inter-Firm Compensation Inequality and National Income Accounting When Firms Insure Workers
22.03.2016
Viral ACHARYA, NYU
Whatever it takes: The Real Effects of Unconventional Monetary Policy
Seminars 2014-15
05.09.2014
Alon BRAV, Duke University
The Real Effects of Hedge Fund Activism: Productivity, Asset Allocation, and Industry Concentration
12.09.2014
Nikolaus HAUTSCH, University of Vienna
The Hidden Side of the Market
19.09.2014
Barney HARTMAN-GLASER, UCLA
Cash and Dynamic Agency
26.09.2014
Philipp SCHNABL, NYU Stern
Who Borrows from the Lender of Last Resort?
03.10.2014
Augustin LANDIER, Toulouse School of Economics, France
The (ir)resistible rise of agency rents
24.10.2014
Hui CHEN, MIT
Measuring the “Dark Matter” in Asset Pricing Models
31.10.2014
Vito Gala, LBS
Measuring marginal q
6.11.2014
Albert KYLE, University of Maryland
Smooth Trading with Overconfidence and Market Power
14.11.2014
Andrea GAMBA, University of Warwick
How Effectively Can Debt Covenants Alleviate Financial Agency Problems?
20.11.2014
Phil DYBVIG, Washington University in St. Louis
Tobin’s q Does Not Measure Firm Performance: Theory, Empirics, and Alternatives
21.11.2014
Oguzhan KARAKAS, Carroll School of Management, Boston College
The Value of Creditor Control in Corporate Bonds
12.12.2014
Chester SPATT, Carnegie Mellon University
A solution to the 3com/Palm puzzle
09.01.2015
Mao YE, University of Illinois
Two-Sided Markets, Make-Take Fees and Competition between Stock Exchanges
16.01.2015
Enrique SCHROTH, Cass Business School
Debt Renegotiation and Investment Decisions Across Countries
13.02.2015
Konstantin MILBRADT, Northwestern University
Dynamic Debt Maturity
20.02.2015
John RUST, University of Maryland
Precommitments for Financial Self-Control: Evidence Before and After the 2003 Korean Credit Crisis
07.03.2015
Benjamin LESTER, Federal Reserve of Philadelphia
Competing with Asking Prices
27.03.2015
Ilya STREBULAEV, Stanford University
Natural Experiment Policy Evaluation: A Critique
17.04.2015
Alberto PLAZZI, USI
Libor Manipulation: Cui Bono?
20.04.2015
Kai LI, University of British Columbia
National Culture, Corporate Governance
24.04.2015
Luke TAYLOR, Wharton School
Intangible Capital and the Investment-q Relation
26.05.2015
Yuhai XUAN, Harvard Business Schoo)
The Contract Year Phenomenon in the Corner Office: An Analysis of Firm Behavior During CEO Contract Renewals
05.06.2015
Shiyang HUANG, London School of Economics
Delegated information acquisition and asset pricing
12.06.2015
Raman UPPAL, EDHEC Business School
Where experience matters: Asset allocation and asset pricing with opaque and illiquid assets
Seminars 2013-14
20.09.2013
Ernst Maug, University of Mannheim
Labor representation in governance as an insurance mechanism
27.09.2013
Leonid Kogan, MIT Sloan
Technological Innovation: Winners and Losers
04.10.2013
Grigory VILKOV, Goethe University
Asymmetric Volatility Risk: Evidence from Option Markets
11.10.2013
Timothy J. McQUADE, Stanford GSB
Stochastic Volatility and Asset Pricing Puzzles
18.10.2013
Jennifer LA’O, Columbia University
A Traffic Jam Theory of Recessions
25.10.2013
Kris JACOBS, University of Houston
The Factor Structure in Equity Options
08.11.2013
Per STROMBERG, Stockholm School of Economics
Private Equity and the Resolution of Financial Distress
12.11.2013
Giovanni FAVARA, Washington Fed.
Mortgage Market Concentration, Foreclosures and House Prices
15.11.2013
Haoxiang ZHU, MIT Sloan
Dynamic Information Asymmetry, Financing, and Investment Decisions
22.11.2013
Elyès JOUINI, Universite Paris-Dauphine
Corporate governance and shareholders heterogeneity: A general equilibrium approach
29.11.2013
Jean-Edouard COLLIARD, European Central Bank.
Cash providers: asset dissemination over intermediation chain
06.12.2013
Jacob BOUDOUKH, IDC Herzliya
Which News Moves Stock Prices? A Textual Analysis
17.01.2014
Dalida KADYRZHANOVA, University of Maryland
Rising Intangible Capital, Shrinking Debt Capacity, and the US Corporate Savings Glut
31.01.2014
Felipe VARAS, Duke University
The timing and frequency of corporate disclosures
14.02.2014
Patrick CHERIDITO, Princeton
Measuring and allocating systemic risk
21.02.2014
Xavier VIVES, University of Navarra
Expectations, Liquidity, and Short-term Trading
28.02.2014
Vincent GLODE, Wharton
Adverse Selection and Intermediation Chains
07.03.2014
Peter DE MARZO, Stanford GSB
Risking Other People’s Money: Gambling, Limited Liability, and Optimal Incentives
14.03.2014
S. Vish VISWANATHAN, Duke University
Financial Intermediary Capital
21.03.2014
Xavier GIROUD, MIT
The Impact of Venture Capital Monitoring: Evidence from a Natural Experiment
11.04.2014
Yakov AMIHUD, NYU Stern
The Pricing of the Illiquidity Factor’s Systematic Risk
28.04.2014
Anat ADMATI, Stanford GSB
The Leverage Ratchet Effect
05.05.2014
Peter CHRISTOFFERSEN, University of Toronto
Dynamic Dependence and Diversification in Corporate Credit
08.05.2014
Lorenzo GARLAPPI, University of British Columbia
Market Power and Capital Flexibility: A New Perspective on the Pricing of Technology Shocks
23.05.2014
Brett GREEN, UC Berkeley
Adverse Selection, Slow Moving Capital and Misallocation
29.05.2014
Geert BEKAERT, Columbia Business School
Asset Return Dynamics under Bad Environment-Good Environment Fundamentals
06.06.2014
Mikhail GOLOSOV, Princeton University
Taxes, debts, and redistributions with aggregate shocks
13.06.2014
Ralph KOIJEN, London Business School
Shadow Insurance
Seminars 2012-13
21.09.2012
Darrell Duffie, Stanford University Graduate School of Business
Measuring corporate default risk premia 2000–2010
28.09.2012
Elias Albagli, University of Southern California, Marshall School of Business
Investment horizons and asset prices under asymmetric information
05.10.2012
Jin Chuan DUAN, National University of Singapore
Corporate Default Prediction and Designing the RMI Coporate Vulnerability Index
05.10.2012
Brent GLOVER, Carnegie Mellon University, Tepper School of Business
Idiosyncratic Risk and the Manager
26.10.2012
Konstantinos E. ZACHARIADIS, London School of Economics
The Impact of Security Trading on Corporate Restructurings
16.11.2012
Anastasia KARTASHEVA, Bank for International Settlements
Precision of Ratings
23.11.2012
Yaniv GRINSTEIN, Cornell University, Johnson Graduate School of Management
Good Monitoring, Bad Monitoring
07.12.2012
Ian Martin, Stanford GSB and LSE
Simple variance swaps
14.12.2012
François Degeorge, University of Lugano and SFI
Is the rise of secondary buyouts good news for investors?
21.12.2012
Alex Edmans, Wharton School, University of Pennsylvania
Financing through asset sales
18.01.2013
Evgeny LYANDRES, Boston University
What determines investment and operating strategies of public and private firms: Theory and Evidence
25.01.2013
Paolo GHIRARDATO, University of Torino
Ambiguity in the small and in the large (download pdf)
01.02.2013
Sergei Tsyplakov, University of Southern Carolina
The incentive effects of contingent capital
08.02.2013
Miguel FERREIRA, Nova School of Business and Economics, Lisbon
Equity Lending, Investment Restrictions and Fund Performance
15.02.2013
Daniel PARAVASINI, London School of Economics
The information and agency effects of scores: Randomized evidence from credit committees
22.02.2013
Natalie Moyen, University of Colorado
Corporate Cash Holdings and Credit Line Usage
01.03.2013
Christopher Hennessy, London School of Economics
Demand-Based Security Design
08.03.2013
Andrew KAROLYI, Cornell University, Johnson Graduate School of Management
Regulatory arbitrage and cross-border bank acquisitions
15.03.2013
Sebastian GRYGLEWICZ, Erasmus University Rotterdam
Dynamic Agency and Real Options
22.03.2013
Darren KISGEN, Boston College
The Real and Financial Effects of Credit Ratings: Evidence from Moody’s Adjustments
12.04.3013
Margarita TSOUTSOURA, The University of Chicago, Booth School of Business
Tax Evasion across Industries: Soft Credit Evidence from Greece
17.05.2013
Andrea Eisfeldt, UCLA
Measuring the Financial Soundness fo US Firms 1926-2012