PhD defence: Thomas Kjær Poulsen

In order to obtain the PhD degree,Thomas Kjær Poulsen has submitted his thesis entitled: Essays on Asset Pricing with Financial Frictions

Wednesday, June 12, 2019 - 13:00 to 15:00

The thesis consists of three self-contained essays, which study how financial frictions influence the pricing of equities, corporate bonds, and transaction costs. The first essay analyzes how risks related to firms’ debt structures explain a substantial fraction of the investment premium. The second essay investigates why debt dispersion affects yield spreads on corporate bonds. The third essay examines the cross-section of bid-ask spreads in the corporate bond market.

Primary Supervisor:
Professor Kristian Miltersen
Department of Finance
Copenhagen Business School

Secondary Supervisor:
Associate Professor Jens Dick-Nielsen
Department of Finance
Copenhagen Business School

Assessment Committee:
Associate Professor Ramona Westermann  (Chair)
Department of Finance
Copenhagen Business School 

Professor Nils Friewald
Department of Finance
Norwegian School of Economics

Professor Rainer Jankowitsch
Institute for Finance, Banking and Insurance
Vienna University of Economics and Business 

The thesis will be available here

The PhD School of Economics and Management will host a reception, which will take place immediately after the defence in the FUHU - Faculty Club

Location: Copenhagen Business School, Solbjerg Plads 3 (SPs12), 2000 Frederiksberg

The page was last edited by: Communications // 09/02/2020