Department of Finance

Previous Seminars

Here you can find the previous Finance Seminars hosted at the Department of Finance

 

Seminars 2017

 

 

DATE TYPE SPEAKER TIME AND PLACE
January 13, 2017 FRIC/Finance Seminar

Daniel Streitz, E.CA Economics

Managerial Biases and Debt Contract Design: The Case of Syndicated Loans

11.00-12.15
SPs13

January 18, 2017 FRIC/Finance Seminar

Simas Kucinskas, Vrije Universiteit Amsterdam

The Importance of Being Prudent: Dividends, Signaling and Risk Shifting

11.00-12.15
SPs13
January 20, 2017 FRIC/Finance Seminar

Wenqian Huang, Vrije Universiteit Amsterdam

Central Counterparty Capitalization and Misaligned Incentives

11.00-12.15
SPs13
January 23, 2017 Finance Seminar

Alain Cohn, University of Chicago Booth School of Business

The Honest Citizen: Evidence from Nationwide Field Experiments

11.00-12.15
SPs13
January 25, 2017 Finance Seminar Andrew Hertzberg, Columbia University

Time-Consistent Individuals, Time-Inconsistent Households
11.00-12.15
SPs13
January 27, 2017 FRIC/Finance Seminar Marco Ghitti, Bocconi University

Great Expectations” or “Side Effects”? Bankruptcy Law Reforms and Bank Credit for SMEs
11.00-12.15
SPs13
February 1, 2017 FRIC/Finance Seminar Guillaume Roussellet, NYU Stern School of Business

Affine Term Structure Modeling and Macroeconomic Risks at the Zero Lower Bound
11.00-12.15
SPs13
February 6, 2017 Finance Seminar Fatemeh Hosseini​, Stockholm School of Economics

Family Wealth and Entrepreneurship
11.00-12.15
SPs13
February 20, 2017 Finance Seminar Ekaterina Volkova, Cornell University

Blockholders Diversity and Company Value
11.00-12.15
SPs13
March 3, 2017 FRIC/Finance Seminar Valentin Haddad, UCLA Anderson School of Management

Asset Insulators
11.00-12.15 D4.20
March 10, 2017 FRIC/Finance Seminar Vasso Ioannidou, Lancaster University

Do Central Banks try to Avoid Losses? Why? And Does it Matter for Policy?
11.00-12.15 SPs14
March 17, 2017 FRIC/Finance Seminar Olivier Darmouni, Columbia Business School

Estimating Informational Frictions in Sticky Relationships
11.00-12.15 SPs03
March 31, 2017 Finance Seminar Markku Kaustia, Aalto University School of Business

Optimism and Skill in the Finance Industry
11.00-12.15 SPs13
April 7, 2017 Finance Seminar

Fabrice Tourre, University of Chicago

A Macro-Finance Approach to Sovereign Debt Spreads and Returns

11.00-12.15 SPs13
May 5, 2017 Finance Seminar Ulf Axelson, London School of Economics

Sequential Credit Markets

11.00-12.15

SPs13

May 9, 2017 Finance Seminar

Kathrin Schlafmann, Stockholm University

Overpersistence bias in individual income expectations and its aggregate implecations.pdf

11.00-12.15

SPs13

May 18, 2017 FRIC/Finance Seminar  Michael Weber, University of Chicago, Booth School of Business

Dissecting Characteristics Nonparametrically

11.00-12.15

SPs13

May 30, 2017 Keynote talk Ralph Koijen, NYU, Stern School of Business

The Fragility of Market Risk Insurance
17.00-18.00
SPs07
June 1, 2017 Finance Seminar Stavros Panageas, UCLA Anderson School of Management

Finance in a Time of Disruptive Growth

11.00-12.15

Augustinus

June 9, 2017 FRIC/Finance Seminar  Marti Subrahmanyam, New York University

Credit default swaps around the world: Investment and financing effects

11.00-12.15

SPs13

September 8, 2017 Finance Seminar  Adrien Matray, Princeton University

Ripple Effects of Noise on Corporate Investment

11.00-12.15

SPs13

September 15, 2017 FRIC/Finance Seminar  Guillaume Vuillemey, HEC Paris

The Failure of a Clearinghouse: Empirical Evidence

11.00-12.15

SPs13

September 22, 2017 Finance Seminar  Frédéric Malherbe, London Business School

A positive analysis of bank behaviour under capital requirements

11.00-12.15

SPs13

September 27, 2017 Finance Seminar  Andrea Buraschi, Imperial College London

Expected Term Structures

11.00-12.15

SPs13

 

Seminars 2016

Spring
Jan. 13: Ville Rantala, Aalto University School of Business: How Do Investment Ideas Spread through Social Interaction? Evidence from a Ponzi Scheme

Jan. 18: Francesca Brusa, University of Oxford: Discounting Human Wealth: Unemployment Risk Or Employment Insurance?

Jan. 20: Alexandre Corhay, University of British Columbia: Industry competition, credit spreads, and levered equity returns (joint with FRIC)

Jan. 27: Joseph Briggs, New York University: Windfall Gains and Stock Market Participation

Feb. 5: Egle Karmaziene, Stockholm School of Economics: Motives for Entrepreneurial Saving: Evidence from Sweden

Feb. 10: Riccardo Sabbatucci, University of California, San Diego: Are Dividends and Stock Returns Predictable? New Evidence Using M&A Cash Flows

Feb. 25: Hoyong Choi, London School of Economics: Information in (and not in) Treasury Options (joint with FRIC)

Feb. 26: Lena Jaroszek, University of Mannheim: Think Twice or Be Wise in Consumer Credit Choices

Mar. 4: Toni Whited, Ross School of Business, University of Michigan: Labor and Capital Dynamics under Financing Frictions

Mar. 11: Christopher Hennessy, London Business School: The Paradox of Policy-Relevant RCTs and Natural Experiments (joint with FRIC)

Mar. 18: Nina Boyarchenko, Federal Reserve Bank of New York: Market Confidence and Monetary Policy (joint with FRIC) 

Apr. 8: Marcin Kacperczyk, Imperial College London Business School: Chasing Private Information (joint with FRIC) 

Apr. 15: Josef Zechner, Vienna University of Economics and Business: Debt Maturity and the Dynamics of Leverage (joint with FRIC)

May 13: Dimitri Vayanos, London School of Economics: Financial Markets where Traders Neglect the Informational Content of Prices (joint with FRIC)

May 20: José-Luis Peydró, Universitat Pompeu Fabra: Monetary Policy at Work: Security and Credit Application Registers Evidence

May 26: Moritz Schularick, University of Bonn: The Great Leveraging (joint with MPP)

May 27: Nikolai Roussanov, Wharton, University of Pennsylvania: Fracking, Drilling, and Asset Pricing: Estimating the Economic Benefits of the Shale Revolution (joint with FRIC)

Jun. 3: Terrance Odean, Haas School of Business, UC Berkeley: Made Poorer by Choice: Worker Outcomes in Social Security v. Private Retirement Accounts

Jun. 10: Sumit Agarwal, National University of Singapore: The Impact of Housing Credit on Personal Bankruptcy   

Jun. 17: Aytek Malkhozov, Bank for International Settlements: International Illiquidity

Fall

Sep. 2: Boris Nikolov, University of Lausanne: Agency Conflicts Around the World (joint with FRIC)

Sep. 30: Tanju Yorulmazer, University of Amsterdam: Watering a Lemon Tree: Heterogeneous Risk Taking and Monetary Policy Transmission (joint with FRIC)

Oct. 7: Juanita Gonzalez-Uribe, London School of Economics: How Sensitive is Entrepreneurial Investment to the Cost of Outside Equity? Evidence from a UK Tax Relief

Oct. 28: Steven Ongena, University of Zurich: Changes in the Cost of Bank Equity and the Supply of Bank Credit (joint with FRIC)

Nov. 4: Lars A. Lochstoer, UCLA Anderson School of Management: What Drives Anomaly Returns?

Nov. 7: Oğuzhan Karakaş, Boston College: Earnings and the Value of Voting Rights

Nov. 18: Daniel Paravisini, London School of Economics: Adverse Selection on Maturity: Evidence from Online Consumer Credit 

Nov. 25: Christian Julliard, London School of Economics: An Information-Theoretic Asset Pricing Model (joint with FRIC) 

Seminars 2015

Spring
Jan. 16: Benjamin Schoefer, Harvard University: The Financial Channel of Wage Rigidity (joint with FRIC)

Jan. 23: Julien Sauvagnat, Toulouse School of Economics: Input Specificity and the Propagation of Idiosyncratic Shocks in Production Networks (joint with FRIC)

Jan. 27: Alexander Eisele, University of Lugano: Behavioral Factors in Risk Arbitrage (joint with FRIC)

Jan. 30: Larissa Schäfer, Tilburg University: Relationship Lending and Loan Performance (joint with FRIC)

Feb. 2: Mariana Khapko, Stockholm School of Economics: Asset Pricing with Dynamically Inconsistent Agents (joint with FRIC)

Feb. 4: Hao Liang, Tilburg University: Concentrated Wealth and Stakeholder Value

Feb. 18: Francesca Zucchi, Swiss Finance Institute and EPFL: Internal-External Liquidity Feedbacks

Feb. 24: Paul Whelan, Imperial College: Model Disagreement and Real Bonds (joint with FRIC)

Mar. 6: Lukas Schmid, Fuqua School of Business, Duke University: Competition, Markups and Predictable Returns (joint with FRIC)

Mar. 13: Luigi Guiso, Einaudi Institute for Economics and Finance: The supply side of housing finance 

Mar. 19: Mattias Nilsson, Leeds School of Business, University of Colorado: Information Production and the Duration of Accounting Fraud

Mar. 26: Peter Cramton, University of MarylandThe High-Frequency Trading Arms Race: Frequent Batch Auctions as a Market Design Response (joint CFEM/FRIC)

Apr. 10: Suresh Sundaresan, Columbia Business School: Bank Liability Structure (joint with FRIC)

Apr. 17: Björn Imbierowicz, Goethe University Frankfurt: Does Lack of Financial Stability Impair the Transmission of Monetary Policy? (joint with FRIC)

Apr. 24: Mike Burkart, Stockholm School of Economics: Activist Investors as Brokers of Corporate Control

May 8: Nagpurnanand Prabhala, Robert H. Smith School of Business, University of Maryland: Creditor Rights and Relationship Banking: Evidence from a Policy Experiment

May 13: Leonid Kogan, Sloan School of Management, MIT: Winners and Losers: Creative Destruction and the Stock Market 

May 22: David Skeie, Mays Business School, Texas A&M University: Federal Reserve Tools for Managing Rates and Reserves

May 29: Stefano Giglio, Booth School of Business, University of Chicago: The price of variance risk (joint with FRIC)

Fall
Sep. 11: Harjoat S. Bhamra, Imperial College Business School: Does Household Finance Matter? Small Financial Errors with Large Social Costs

Sep. 18: Juhani Linnainmaa, The University of Chicago Booth School of Business: The History of the Cross Section of Stock Returns (joint with FRIC)

Oct. 2: Andriy Bodnaruk, University of Notre Dame: Cross-Border Alliances and Risk Management

Oct. 23: Dong Lou, London School of Economics: The Speed of Communication

Oct. 30: Augustin Landier, Toulouse School of Economics: Endogenous agency problems and the dynamics of rents

Nov. 6: Sascha Steffen, ESMT European School of Management and Technology: Do Central Bank Interventions Limit the Market Discipline from Short-Term Debt? (joint with FRIC)

Nov. 13: Francisco J. Gomes, London Business School: Background expenditure risk: Implications for household finances and psychological well-being

Nov. 20: Pietro Veronesi, University of Chicago Booth School of Business: Option-Based Credit Spreads (joint with FRIC)

Nov. 23: Batchimeg Sambalaibat, Price College of Business, University of Oklahoma: Endogenous Specialization and Dealer Networks (joint with FRIC)

Nov. 26: Dimitris Papanikolaou, Kellogg School of Management, Northwestern University: In Search of Ideas: Technological Innovation and Executive Pay Inequality

Dec. 9: Tobias Berg, Bonn University: Got rejected? Real effects of not getting a loan (joint with FRIC)

Seminars 2014

Spring
Jan. 15: Chang Mo Kang, University of Texas at Austin: Executive Compensation, Board Compensation, and Managerial Risk-Seeking Activities

Jan. 17: Ilaria Piatti, University of Lugano: Heterogeneous Beliefs about Rare Event Risk in the Lucas Orchard

Jan. 20: Tim Eisert, Goethe University Frankfurt and New York University: Interbank network and bank bailouts: Insurance mechanism for non-insured creditors? (joint with FRIC)

Jan. 23: Anatoli Segura, CEMFI: Why did sponsor banks rescue their SIVs? A reputational model of rescues (joint with FRIC)

Jan. 27: Andreas Park, University of Toronto: Do retail traders suffer from high frequency traders? (joint with FRIC)

Feb. 3: Olivier Dessaint, HEC Paris: Do managers overreact to salient risks? Evidence from hurricane strikes

Feb. 6: Isaac Hacamo, University of California, Berkeley: Finance and Welfare: The Effect of Access to Credit on Family Structure

Mar. 7: Scott Richardson, London Business School: Asset Volatility (joint with FRIC)

Mar. 14: Thomas Gilbert, Foster School of Business, University of Washington: Precautionary Savings with Risky Assets: When Cash is Not Cash

Mar. 17: Igor Salitskiy, Stanford University: Optimal Dynamic Contracts in Financial Intermediation: With an Application to Venture Capital Financing

Mar. 20: Kelly Shue, Booth School of Business, University of Chicago: Growth through Rigidity: The Rise in Executive Compensation

Mar. 28: Jacopo Ponticelli, University of Chicago, Booth School of Business: Agricultural Productivity and Structural Transformation. Evidence from Brazil

Apr. 4: Angelo Ranaldo, University of St. Gallen: The Euro Interbank Repo Market (joint with FRIC)

Apr. 11: Bilge Yilmaz, The Wharton School, University of Pennsylvania: Do short-selling constraints matter?

Apr. 25: Arvind Krishnamurthy, Kellogg School of Management, Northwestern University: A Macroeconomic Framework for Quantifying Systemic Risk (joint with FRIC)

Apr. 28: Kenneth Ahern, Marshal School of Business, University of Southern California: Network Centrality and the Cross Section of Stock Returns

May 23: CANCELLED: Nicola Gennaioli, Universitá Bocconi: Finance and the Preservation of Wealth (joint with FRIC)

Jun. 3: John Campbell, Harvard University: Monetary Policy Drivers of Bond and Equity Risks (joint with FRIC)

Jun. 13: William Fuchs, Haas School of Business, UC Berkeley: Government Interventions in a Dynamic Market with Adverse Selection (joint with FRIC)

Fall
Sep. 25: Peter Reinhard Hansen, European University Institute: Realized Beta GARCH: A Multivariate GARCH Model with Realized Measures of Volatility

Oct. 3: Robert Merton, MIT Sloan: Addressing the Global Challenge of Funding Retirement. The Reverse Mortgage: Core Issues of Design Structure, Marketing, Funding and Valuation (Joint with FRIC)

Oct. 24: Laura Veldkamp, Stern School of Business, New York University: Understanding Uncertainty Shocks and the Role of Black Swans (joint with FRIC)

Oct. 29: Lubos Pastor, University of Chicago Booth School of Business: Do Funds Make More When They Trade More?

Nov. 7: Hui Chen, MIT Sloan: Demand for Crash Insurance, Intermediary Constraints, and Stock Return Predictability (joint with FRIC)

Nov. 14: Bo Becker, Stockholm School of Economics: Financial Repression in the European Sovereign Debt Crisis

Nov. 21: Laurent E. Calvet, HEC Paris: Who are the value and growth investors?

Nov. 28: David Thesmar, HEC Paris: Can Unemployment Insurance Spur Entrepreneurial Activity? Evidence From France (joint with FRIC)

Seminars 2013

Spring
Jan. 16: Paulo Maio, Hanken School of Economics: Dividend yields, dividend growth, and return predictability in the cross-section of stocks, The long-run relation between returns, earnings, and dividends

Jan. 18: Ramona Westermann, Swiss Finance Institute, University of Geneva: Measuring Agency Costs over the Business Cycle

Jan. 21: Francisco Urzúa Infante,  Tilburg School of Economics and Management, Tilburg University: Non-Controlling Blocks

Jan. 22: Martijn F. Boons, Tilburg School of Economics and Management, Tilburg University: State variable hedging and individual stocks: New evidence for the ICAPM

Jan. 24: Maria Chaderina, Tepper School of Business, Carnegie Mellon University: The Pre-Borrowing Motive: A Model of Coexistent Debt and Cash Holdings

Jan. 28: Andrea Polo, Said Business School and Balliol College, University of Oxford: Secured Creditor Control in Bankruptcy: Costs and Conflict

Feb. 4: Giuliano A. Curatola, Ecole Polytechnique Fédérale de Lausanne (EPFL): Asset Prices with Heterogeneous Loss Averse Investors

Feb. 6: Daniel Schmidt, INSEAD: Investors' Attention and Stock Covariation: Evidence from Google Sport Searches

Feb. 18: David Schumacher, INSEAD: The Role of Domestic Industries in Foreign Portfolio Decisions

Mar. 11: Pedro Barroso, Pedro Barosso, Nova School of Business and Economics: Managing the Risk of Momentum

Apr. 5: Andrew Karolyi, Samuel Curtis Johnson Graduate School of Management, Cornell University: The Role of Investability Restrictions on Size, Value, and Momentum in International Stock Returns

Apr. 12: Lars Lochstoer, Graduate School of Business, Columbia University: Parameter Learning in General Equilibrium: The Asset Pricing Implications

Apr. 19: Joel Hasbrouck, Stern School of Business, New York University: High Frequency Quoting: Short-Term Volatility in Bids and Offers

Apr. 22: Kai Li, Sauder School of Business, University of British Columbia: Investor Myopia and CEO Turnover: Evidence from Private Firms

Apr. 30: Konstantin Milbradt, MIT: Quantifying Liquidity and Default Risks of Corporate Bonds over the Business Cycle (joint with FRIC)

May 8: Massimo Massa, Insead: Governance through Threat: Does Short Selling Improve Internal Governance?

Fall
Sep. 6: Gustavo Grullon, Jesse H. Jones Graduate School of Management, Rice University: Downside Risk and the Design of CEO Incentives: Evidence from a Natural Experiment

Sep. 13: Jonathan Berk, Stanford Graduate School of Business, Stanford University: Measuring Skill in the Mutual Fund Industry

Sep. 20: Peter Norman Sørensen, Center for Financial Frictions and Copenhagen University: Price Reaction to Information with Heterogeneous Beliefs and Wealth Effects: Underreaction, Momentum, and Reversal (joint with FRIC)

Sep. 27: Hank Bessembinder, University of Utah: Predicting Corporate Distributions

Oct. 4: Jennie Bai, Georgetown University: Measuring Liquidity Mismatch in the Banking Sector (joint with FRIC)

Oct. 10: Yrjö Koskinen, Boston University School of Management: Corporate Social Responsibility and Firm Risk: Theory and Empirical Evidence

Oct. 25: Or Shachar, Federal Reserve Bank of New York: Did Liquidity Providers Become Liquidity Seekers? (joint with FRIC)

Nov. 8: Péter Kondor, Central European University: Liquidity Risk and the Dynamics of Arbitrage Capital (joint with FRIC)

Nov. 19: Hong Liu, Olin Business School, Washington University in St. Louis: Short-sale Constraints, Bid-Ask Spreads, and Information Acquisition

Nov. 22: Terry Hendershott, Haas School of Business, University of California, Berkeley: Asset Price Dynamics with Limited Attention

Nov. 29: Ian Martin, Stanford Graduate School of Business, Stanford University: What is the Expected Return on the Market? The talk was based on the paper: Simple Variance Swaps

Dec. 12: Remy Praz, Swiss Finance Institute at EPFL: Equilibrium Asset Pricing in the Presence of both Liquid and Illiquid Markets (joint with FRIC)

Seminars 2012

Spring
Jan. 16: Daniel Rettl, Vienna Graduate School of Finance: Growth Opportunities, Cash Holdings and Payout Policy

Jan. 20: Alexei V. Ovtchinnikov, Purdue University: Merger Waves Following Industry Deregulation

Jan. 23: Oleg Chuprinin, INSEAD: Information Disclosure in Corporate Press Releases

Jan. 27: Alminas Zaldokas, INSEAD: Corporate Governance and International Trade Shocks

Jan. 31: Felix Suntheim, Bocconi University: Managerial Compensation in the Financial Service Industry

Feb. 3: Roine Vestman, New York University: Limited Stock Market Participation Among Renters and Home Owners

Feb. 6: Mario Bersem, University of Manheim: Incentive-Compatible Sovereign Debt

Feb. 9: Maik Schemling, Leibniz Universität Hannover

Feb. 21: Christian Wagner, Vienna University of Economics and Business: The Cross-Section of Credit Risk Premia and Equity Returns

Mar. 9: Andrea Frazzini, AQR Capital Management, LLC: Embedded Leverage

Mar. 16: Pierre Collin-Dufresne EPFL: Do prices reveal the presence of informed trading

Mar. 20: George G. Pennachi, University of Illinois: Bank Regulation, Credit Ratings, and Systematic Risk

Apr. 13: Ioanid Rosu, HEC: News Trading and Speed

Apr. 20: Anna Pavlova, LSB: Asset Prices and Institutional Investors

Apr. 27: Thorsten Hens, University of Zurich: Household Debt Maturity

May 11: Craig Lewis, Vanderbilt University: Convertibles and hedge funds as distributors of equity exposure

May 22: Ronald Masulis, Australian School of Business: Independent Director Incentives

May 29: Denis Gromb, INSEAD: Legal Investor Protection and Takeovers

Jun. 1: Kevin Murphy, USC

Jun. 4: Lorenzo Garlappi, The University of British Columbia: Ambiguity, Entrepreneurs, and Corporate Finance

Jun. 8: David Yermack, NYU: Tailspotting. How disclosure, stock prices and volatility change when CEOs fly to their vacation homes

Fall
Aug. 13: FRIC/FI Mini symposium with Annette Vissing-Jørgensen, Northwestern University (Visiting UC Berkeley), Adair Morse, University of Chicago (Visiting UC Berkeley), Susan Christoffersen, University of Toronto, Peter Christoffersen, University of Toronto, David Lando, CBS, Lasse Heje Pedersen, CBS

Sep. 7: Dirk Hackbarth, College of Business, University of Illinois (joint with FRIC)

Sep. 14: Shlomo Benartzi, UCLA Anderson School of Management

Sep. 27: Ralph Koijen, Booth School of Business, University of Chicago (joint with FRIC)

Oct. 5: Laurent Frésard, Robert H. Smith School of Business, University of Maryland

Oct. 26: Ron Kaniel, Simon School of Business, University of Rochester

Nov. 2: Ilona Babenko, Carey School of Business, Arizona State University

Nov. 9: Tarek Hassan, Booth School of Business, University of Chicago

Nov. 14: Mariassunta Giannetti, Stockholm School of Economics

Nov. 20: Jaewon Choi, College of Business, University of Illinois (joint with FRIC)

Nov. 23: Zhiguo He, Booth School of Business, University of Chicago (joint with FRIC)

Dec. 4: Haoxiang Zhu, MIT Sloan School of Management (joint with FRIC)

Dec. 14: Kent Daniel, Graduate School of Business, University of Columbia

Dec. 20: Johann Reindl, Vienna Graduate School of Finance (VGSF)

Seminars 2011

Spring
Jan. 24: Oliver Levine, University of Pennsylvania: Acquiring Growth

Jan. 31: Rahmin Baghai, London Business School

Feb. 2: Javed Ahmed, Berkeley: Competition in lending and credit ratings

Feb. 4: Moqi Xu, INSEAD: Ceo Contract Horizon and Investment

Feb. 9: Daniel Metzger; London School of Business: How do CEOs matter? The Effect of Industry Expertise on Acquisition Returns

Feb.11: Yelana Larkin, Johnson School of Management: Product Demand Characteristics, Brand Perception, and Financial Policy

Feb. 21: Benjamin Golez, Universitat Pompeu Fabra: Ceo Contract Horizon and Investment

Mar. 2: Azi Ben-Rephael, Tel Aviv University: Flight-to-Liquidity in the Equity Markets during Periods of Financial Crisis

Mar. 11: Phillipe Muelller, London School of Economics

Mar. 18: Paolo Sodini, Stockholm School of Economics: Twin Picks_Disentangling the Determinants of Risk-Taking in Household Portfolios

Mar. 24: Gyuri Venter; London School of Economics: Short-sale Constraints and Creditor Runs

April 29: Dolores Romero Morales, Oxford University: Non-additive prices

May 2: Gustavo Manso, MIT: Feedback Effects of Credit Ratings

May 13: Adrien Verdelhan, MIT: Sovereign Risk Premia

May 23: Mark Grinblatt, UCLA: IQ and Stock Market Trading

Fall
Sep. 9: Semyon Malamud, Swiss Finance Institute: Information Percolation in Segmented Markets

Sep. 16: Robert Marquez, Boston University: Monetary Policy, Leverage, and Bank Risk-Taking

Sep. 23: Carl Chiarella, University of Technology Sydney: Stochastic Correlation and Risk Premia in Term Structure Models

Oct: 7: Vikrant Vig, London Business School: Social Proximity and Loan Outcomes

Oct. 28: Henrik Cronqvist, Claremont McKenna College

Nov. 1: Oliver Hart, Harvard University: Inefficient Provision of Liquidity

Nov. 1: Lasse Heje Pedersen, Copenhagen Business School: Betting Against Beta

Nov. 18: Matti Suominen, Aalto University: A Structural Model of Short-term Reversals

Dec. 2: Elu von Thadden, Universität Mannheim: Repo Runs

Dec. 9: Per Strömberg, Stockholm School of Economics: Fiduciary Duties and Equity‐Debtholder Conflicts

Dec. 15: Peter Cziraki, Tilburg University: Trading by Bank Insiders before and during the Financial Crisis

Dec. 19: Michael Halling, University of Utah: Leverage Dynamics over the Business Cycle

Dec. 21. Esben Hedegaard, Stern School of Business: How Margins are Set and Affect Asset Prices

Seminars 2010

Spring
Jan. 14: Andrea Vedolin, London School of Economics: Uncertainty and Leveraged Lucas Trees

Jan. 19: Linus Siming, Stockholm School of Economics: Your Former Employees Matter: Private Equity Firms and Their Financial Advisors

Jan. 20: Alberto Plazzi, UCLA: International stock return correlation: real or financial integration?

Jan. 27: Nigel Barradale, Berkely: Social Status and Intertemporal Preferences

Jan. 29: Philip Valta, Ecole Polytechnique Federale de Lausanne: Competition and the Cost of Debt

Feb. 3: Alberto Manconi, INSEAD: Dividend Signaling and Pecking Order When “Style” is all that matters

Feb. 5: Alexandre Jeanneret, Swiss Finance Institute, Lausanne: Sovereign Default Risk and the U.S. Equity Market

Feb. 9: Christian Dorion, McGill University: Business Conditions, Market Volatility and Option Prices

Feb. 12: Manju Puri, Duke University: Global Retail Lending in the Aftermath of the US Financial Crisis

Feb. 26: Ilya Strebulaev, Stanford University: Corporate Bond Default Risk: A 150-Year Perspective

Mar. 19: Yaksa Cvitanic, California Institute of Technology: Equilibrium Asset Pricing and Portfolio Choice with Heterogeneous Preferences

April 9: Patrik Sandås, University of Virginia: The Role of Mortgage Brokers in the Subprime Crisis

April 16: Roni Michaely, Cornell University: What Drives the Value of Analysts' Recommendations: Earnings Estimates or Discount Rate Estimates?

May 21: Joao Cocco, London Business School: Does Asymmetric Information Affect SEOs and M&A? Evidence from Corporate Pension Plans

June 4: Gordon Phillips, University of Maryland: Product Market Synergies and Competition in Mergers and Acquisitions: A Text Based Analysis

June 11: Holger Kraft, Goethe-University Frankfurt: Cash Flow Multipliers and Optimal Investment Decisions

Fall
Sep. 3: Jean Helwege, University of South Carolina: Fallen Angles and Price Pressure

Sep. 17: Joshua Coval, Harvard Business School: Do Powerful Politicians Cause Corporate Downsizing

Sep. 24: Juhani Linnainmaa, University of Chicago: Reverse Survivorship Bias

Okt. 1: Astrid Schornick, INSEAD: The Role of Bond Markets

Okt. 8: Ning Zhu, UC Davis: Security Supply and Bubbles

Nov. 19: Avner Kalay, University of Utah

Nov. 26: Thierry Foucault, HEC: Dealer Attention, Liquidity Spillovers, and Endogenous Market Segmentation

 

More Previous Seminars

Seminars 2009

April 20: Clemens Sialm, University of Texas at Austin: Clemens Sialm

April 22: Edie Hotchkiss, Boston College: Dealer Behavior and the Trading of Newly Issued Corporate Bonds

June 12: Magnus Dahlquist, Stockhold School of Economics

Sep. 4: Michael White, Heriot-Watt University: House Price Bids

Sep. 25: Stefan Nagel, Stanford University: Depression Babies

Oct. 7: Morten Bech, Federal Reserve, NY

Oct. 23: Gideon Saar, Cornell University: Individual Investor Trading and Return Patterns around Earnings Announcements

Nov. 13: Joao Cocco, LBS: Does Asymmetric Information Affect SEOs and M&A Activity? Evidence from Corporate Pension Plans

Nov. 20: Rainer Jankowitsch, Wirtschaftsuniversität Wien: Illiquidity or Credit Deterioration

Nov. 23: Tim Riddiough, University of Wisconsin - Madison: Shopping, Relationships, and Influence In the Market for Credit Ratings

Nov. 27: Joel Peress, INSEAD: Learning From Stock Prices and Economic Growth

Seminars 2008

Feb. 8: Markus Glaser, University of Mannheim: Managerial Optimism and Corporate Investment...

Feb. 14: Marcel Marekwica, University of Regensburg: Are Bonds Desirable in Tax-Deferred Accounts?

Feb. 29: Jose Vicente Martinez, Swedish Institute for Financial Research: Vice or Advice?

Mar. 11: Arvind Krisnamurthy, Northwestern University: The Aggregate Demand for Treasury Debt

Mar. 28: Wolfgang Bühler, University of Mannheim: Time Varying Risk Premia in Corporate Bond Markets

Apr. 11: Joao Gomes, Wharton: Levered Returns

April 25: Charlotte Østergaard, Norwegian School of Management: Social Capital and the Viability of Nonprofit Firms

May 9: Jay Ritter, University of Florida: The Marketing of Seasoned Equity Offerings

May 16: Bernard Dumas, HEC Lausanne

May 22: Jan Ericsson, McGill University: Time Varying Risk Premia in Corporate Bond Markets

May 23: Mikail Chernov, London Business School

Sep. 19: Morten Bennedsen, Copenhagen Business School: Do CEO's Matter?

Sep. 26: Ron Giammarino, University of British Columbia: Leaders, Followers and Risk Dynamics in Industry

Oct. 3.: Marcin Kacperczyk, University of British Columbia: Competition and Bias

Oct. 10: Andrea Roncoroni, ESSEC

Oct. 24: Burton Hollifield, Carnegie Mellon University

Nov. 28: Rui Albuquerque, Boston University: Advance Information and Asset Prices

Dec. 5: Adair Morse, University of Chicago

Seminars 2007

Mar. 12: Robert R. Bliss fra Calloway School of Business and Accountancy, Wake Forest University: Moral hazard and the structure of debt contracts

Mar. 22: Russ Wermers: False Discoveries in Mutual Fund Performance: Measuring Luck in Estimated Alphas

April 20: Tarun Chordia (Emory University): Avramov_Chordia og Jostova

April 27: Wayne Ferson: Ferson Siegel

May 11: Harrison Hong: Fishman Hong & Kubik

June 4: Yakov Amihud: Liquidity in Asset Pricing

June 8: Pascal Maenhout: Option-Implied Correlations

June 15: Anders Anderson, Stockholm University: Is Online Trading Gambling with Peanuts?

June 27: Yacine Aït-Sahalia, Princeton University: Portfolio Choice with Jumps: A Closed Form Solution

Sep. 21: Peter Christoffersen, McGill University: Forward-Looking Betas

Oct. 5: Gregory Udell, Indiana University: Why do firms switch banks

Oct. 12: Susan Christoffersen, McGill University: Valuable Information and Costly Liquidity

Nov. 2: Jeffrey Wurgler, New York University: Catering Through Nominal Share Prices

Nov. 9: Kris Jacobs, McGill University: Models for S&P500 Dynamics

Nov. 23: Long Chen, Michigan State University: What Drives Stock Price Movement?

Nov. 30: David Musto, Wharton School: Predatory Lending in a Rational World

Dec. 7: Lubos Pastor, University of Chicago: Entrepreneurial Learning....

Seminars 2006

Feb. 3: Abraham Lioui, Bar Ilan University: The asset allocation puzzle is still a puzzle

Mar. 3: Dogan Tirtiroglu, University of Cambridge: Capital Structure Choice in a Nascent Market: Empirical Evidence from Listed Chinese Companies

April 7: Mike Gallmeyer, Texas A&M University: Financial Leverage Does Not Cause the Leverage Effect

April 10:  Allan A. Zebedee, San Diego State University and U.S. Securities and Exchange Commission: Share Repurchase Programs and Liquidity: An Examination of Dutch Auction Repurchases

May 5: Tim Simin, Pennsylvania State University: Can Growth Options Explain the Trend in Idiosyncratic Risk?

May 23: Richard Sweeney, Georgetown University: Joint Use of Earnings Management and Earnings Guidance

June 15: John M. Griffin, University of Texas at Austin: Measurement and Determinants of International Stock Market Efficiency

Oct. 6: Michael Lemmon, University of Utah: The response of corporate financing and investment to changes in the supply of credit: A natural experiment

Oct. 27: Amir Yaron, The Wharton School of the University of Pennsylvania: Risks For the Long Run: Estimation and Inference

Nov. 3:  Morten Igel Lau, Durham Business School: Dynamic Choice Behavior in a Natural Experiment

Nov. 10: Paul Ehling, Norwegian School of Management: Consumption, portfolio choice, and dynamic equilibrium with preference for ownership

Dec. 1: Tarun Ramadorai, Said Business School, University of Oxford: The Impact of Trading Technology: Evidence from the 1980 NYSE Post Upgrades

Dec. 15: Jerome Detemple, Boston University School of Management

Dec. 21: Anders Nielsen, Princeton: Corporate governance, capital structure choice and equity prices

 

José-Luis Peydró, Universitat Pompeu Fabra

 

 

 

Finance Seminar

 

 

11.00-12.15
SPs03

 

The page was last edited by: Communications // 10/03/2017