Past Seminars

11.12.2023 Vasso Ioannidou Bayes Business School, City University of London Corporate Runs and Credit Reallocation, with Elena Carletti, Filippo De Marco and Enrico Sette
27.11.2023 Francesco D'Acunto Georgetown University How Costly Are Cultural Biases? Evidence from FinTech, with Pulak Ghosh and Alberto Rossi
20.11.2023 Elena Loutskina University of Virginia, Darden School of Business Labor Market Polarization and Student Debt, with Sanket Korgaonkar and Constatine Yannelis
6.11.2023 Jean-Charles Rochet Toulouse School of Economics Money and Taxes Implement Optimal Dynamic Mechanisms, with Bruno Biais, Hans Gersbach, Ernst Ludwig von Thadden and Stéphane Villeneuve
23.10.2023 Matthijs Korevaar Erasmus School of Economics Buy-to-Live vs. Buy-to-Let: The Impact of Real Estate Investors on Housing Costs and Neighborhoods, with Marc Francke, Lianne Hans and Sjoerd van Bekkum
9.10.2023 Alexander Michaelides Imperial College London Strategic Asset Allocation for Sovereign Wealth Funds, with Yuxin Zhang
25.9.2023 Thierry Foucault HEC Paris Algorithmic Pricing and Liquidity in Securities Markets, with Jean Edouard Colliard and Stefano Lovo
18.9.2023 Ansgar Walther Imperial College London Algorithm Aversion: Theory and Evidence from Robo-Advice, with Fiona Greig, Tarun Ramadorai, Alberto G. Rossi and Stephen P. Utkus
11.9.2023 Morten Bennedsen University of Copenhagen & INSEAD Neighborhood CEOs, with Mario Daniele Amore and Birthe Larsen
4.9.2023 Hong Liu Olin Business School, Washington University in St. Louis Negative Information Revelation: Informed Sales Meet Short Sales, with Xi Dong, Siyi Shen and Yajun Wang
15.5.2023 Scott Yonker Cornell University Fear and Risk: Do Visceral Factors Affect Risk Taking?, with Vicki Bogan
24.4.2023 Xuan Wang Vrije Universiteit Amsterdam and Tinbergen Institute Sustainable Investing and Public Goods Provision, with  Ilaria Piatti and Joel Shapiro
17.4.2023 Sascha Steffen Frankfurt School of Finance & Management What explains changes to the LBO debt market post financial crisis?, with Rüdiger Fahlenbrach and Sophie-Dorothee Rotermund
3.4.2023 Ernst Maug University of Mannheim Post-Merger Restructuring of the Labor Force, with Britta Gehrke, Stefan Obernberger and Christoph Schneider
20.3.2023 Aalto Financial Institutions Mini-Conference   Cristian Tiu (University at Buffalo), Mila Getmansky Sherman (University of Massachusetts Amherst),
Russell  Wermers (University of Maryland), Daniel Barth
(Federal Reserve Board), Christian Lundblad
(The University of North Carolina at Chapel Hill)
6.3.2023 Tatyana Marchuk BI Norwegian Business School Direct Lenders in the U.S. Middle Market, with Tetiana Davydiuk and Samuel Rosen
12.12.2022 David Lando Copenhagen Business School Bank Equity Risk, with Jens Dick-Nielsen & Zhuolu Gao
21.11.2022 Vesa Pursiainen University of St. Gallen & Swiss Institute of Banking and Finance Geographic Proximity in Short Selling, with Xiaolin Huo & Xin Liu
14.11.2022 Constantine Yannelis University of Chicago Booth School of Business Data and Welfare in Credit Markets, with Mark Jansen, Fabian Nagel & Anthony Lee Zhang
24.10.2022 Tobin Hanspal WU Vienna University of Economics and Business Educating Investors about Dividends, with Andreas Hackethal, Samuel M. Hartzmark & Konstantin Bräuer
10.10.2022 Isil Erel Ohio State University, Fisher College of Business Specialized Investments and Firms' Boundaries: Evidence from Textual Analysis of Patents, with Jan Bena, Daisy Wang & Michael S. Weibach
26.9.2022 Julien Xavier Daubanes University of Geneva Why Do Firms Issue Green Bonds?, with Shema Frédéric Mitali & Jean-Charles Rochet
19.9.2022 Alberta Di Giuli ESCP Business School The Voting Behavior of Women-Led Mutual Funds, with Alexandre Garel & Arthur Petit-Romec
12.9.2022 Sven Klingler BI Norwegian Business School Issuer Certification in Money Markets, with Aleksandra Rzeznik & Olav Syrstad
5.9.2022 Jaewon Choi University of Illinois Urbana-Champaign Bond Funds and Credit Risk, with Amil Dasgupta & Ji Yeol Jimmy Oh
6.6.2022 Jonathan Brogaard University of Utah Does Floor Trading Matter?, with Matthew C. Ringgenberg & Dominik Rösch
30.5.2022 Alminas Zaldokas Hong Kong University of Technology Do Board Connections Between Product Market Peers Impede Competition?, with Radhakrishnan Gopalan & Renping Li
23.5.2022 Cristian Tiu University of Buffalo COVID-19 and the Illusion of Productivity, with Yuxiang Jiang, Ruijie Liu & Dominik Roesch
16.5.2022 Kathrin Schlafmann Copenhagen Business School Designing Pension Plans According to Consumption-Savings Theory, with Roine Vestman & Ofer Setty
2.5.2022 Paul Smeets Maastricht University Do Financial Advisors Exploit Responsible Investment Preferences?, with Marten Laudi & Utz Weitzel
11.4.2022 George Aragon W.P. Carey School of Business, Arizona State University Anticipatory Trading Against Distressed Mega Hedge Funds, with Vikas Agarwal, Vikram Nanda & Kelsey Wei
4.4.2022 Amit Goyal University of Lausanne and Swiss Finance Institute Cheap Options Are Expensive, with Alex Boulatov, Assaf Eisdorfer & Alexei Zhdanov
21.3.2022 Oliver Spalt University of Mannheim Downward-Sloping Demand Curves for U.S. Equities: Evidence from a Reform of Trust Laws
29.11.2021 Peter Feldhütter Copenhagen Business School Debt Dynamics and Credit Risk, with Stephen Schaefer
22.11.2021 Marcus Opp Stockholm School of Economics Green Capital Requirements, with Martin Oehmke
4.10.2021 Vladimir Vladimirov University of Amsterdam How Financial Markets Create Superstars, with Spyros Terovitis
13.9.2021 Johaness Wohlfart University of Copenhagen Beliefs About the Stock Market and Investment Choices: Evidence from a Field Experiment, with Christine Laudenbach and Annika Weber
9.8.2021 David Robinson Fuqua School of Business, Duke University Can the Media Spur Startup Activity? Evidence from the Television Show "Shark Tank", with Angelino Viceisza
24.5.2021
(online)
Zwetelina Ilieva University of Bonn Dynamic Inconstitency in Risky Choice: Evidence from the Lab and Field, with Rawley Heimer, Alex Imas and Martin Weber
26.4.2021
(online)
Jiacui Li David Eccles School of Business, University of Utah Endogenous Inattention and Risk-Specific Price Underraction in Corporate Bonds
29.3.2021
(online)
Michael Woodford Columbia University Imprecise Probabilistic Inference from Sequantial Data, with Arthur Prat-Carrabin
1.3.2021
(online)
Xavier Vives ESE Business School University of Navarra Exchange Comptetition, Entry, and Welfare, with G. Cespa
2.3.2020 Mathijs van Dijk Rotterdam School of Management A Portfolio Optimization Approach to Identifying Private
Information, with Dion Bongaerts and Dominik Rösch
9.12.2019 David Denis University of Pittsburgh Acquisitions and CEO Compensation Changes, with Leonce Bargeron
25.11.2019 Augustin Landier HEC Paris Biases in Expectations: Experimental Evidence, with Yueran Ma
18.11.2019 Tim Kroencke University of Neuchâtel Recessions and the Stock Market
4.11.2019 Rüdiger Fahlenbrach Ecole Polytechnique Fédérale de Lausanne Why Are Firms with More Managerial Ownership Worth Less?, with Kornelia Fabisik, René M. Stulz & Jérôme P. Taillard
28.10.2019 Aleksandar Andonov University of Amsterdam The Subsidy to Infrastructure as an Asset Class, with Roman Kräussl and Joshua D. Rauh
21.10.2019 Michaela Pagel Columbia Business School Borrowing in Response to Windfalls, with Arna Olafsson
16.10.2019 Anastassia Fedyk Haas School of Business, University of California, Berkeley When Can the Market Identify Old News?, with James Hodson
30.9.2019 Tim Jenkinson Saïd Business School, University of Oxford Best Buys and Own Brands: Investment Platforms' Recommendations of Mutual Funds, with Gordon Cookson, Howard Jones and Jose Vicente Martinez
16.9.2019 John Cotter University College Dublin Nowhere to Run, Nowhere to Hide: Asset Diversification in a Flat World, with Stuart Gabriel and Richard Roll
9.9.2019 Albert J. Menkveld Vrije Universiteit Amsterdam Equilibrium Bitcoin Pricing, with Bruno Biais, Christophe Bisiere, Matthieu Bouvard and Catherine Casamatta
3.6.2019 Kai Li Sauder School of Business, University of British Columbia Public Enforcement of Securities Laws in Weak Institutional Environments: Evidence from China, with Tinghua Duan, Rafael Rogo and Ray Zhang
20.5.2019 Campbell R. Harvey Duke University, Fuqua School of Business False (and Missed) Discoveries in Financial Economics
13.5.2019 Alexander Ljungqvist NUY Stern School of Business Do Corporate Disclosures Constrain Strategic Analyst Behavior?
15.4.2019 Jaewon Choi Gies College of Business, University of Illinois Urbana-Champaign Reaching for Yield and Overpricing in Bonds, with Qianwen Chen
3.4.2019 Nicolas Bollen Owen Graduate School of Management, Vanderbilt University How Much for a Haircut? Illiquidity, Secondary Markets, and the Value of Private Equity, with Berk A. Sensoy
1.4.2019 Alberto Plazzi Swiss Finance Institute and Università della Svizzera Italiana Residential Mortgage Defaults and Positive Equity: Lessons from Europe
18.3.2019 George Korniotis University of Miami Do Fundamentals Drive Cryptocurrency Prices?, with Siddharth Bhambhwani and Stefanos Delikouras
11.3.2019 Elisabeth Kempf University of Chicago, Booth School of Business Partisan Professionals: Evidence from Credit Rating Analysts, with Margarita Tsoutsoura
4.3.2019 Pedro Matos Darden School of Business, University of Virginia Multi-Class Shares Around the World: The Role of Institutional Investors, with Jinhee Kim and Ting Xu
10.12.2018 Stefan Ruenzi University of Mannheim The Impact of Role Models on Women's Self-Selection in Competitive Environments, with Kristina Meier and Alexandra Niessen-Ruenzi
12.11.2018 Cláudia Custódio Imperial College London The Economic Costs of Financial Distress, with Miguel A. Ferreira and Emilia Garcia-Appendini
7.11.2018 Marno Verbeek Rotterdam School of Management, Erasmus University Trade Less and Exit Overcrowded Markets: Lessons from International Mutual Funds, with Teodor Dyakov and Hao Jiang
5.11.2018 Abhiroop Mukherjee Hong Kong University of Science and Technology Roads and Loans, with Sumit Agarwal and S. Lakshmi Naaraayanan
29.10.2018 Andriy Shkilko Wilfrid Laurier University Insider Trading Under the Microscope
22.10.2018 David McLean Georgetown University Analysts and Anomalies, with Joseph Engelberg and Jeffrey Pontiff
8.10.2018 Christian Wagner WU Vienna University of Economics and Business Does Central Bank Tone Move Asset Prices?, with Maik Schmeling
1.10.2018 Russell Wermers Smith School of Business, University of Maryland Costly Information Production, Information Intensity, and Mutual Fund Performance, with George Jiang, Ke Shen and Tong Yao
17.9.2018 Christopher Polk London School of Economics Trade Networks and Asset Prices: Evidence from the SCDS Market, with Huancheng Du, Dong Lou and Jinfan Zhang
10.9.2018 Thomas Hellmann Saïd Business School, University of Oxford Be Careful What You Ask For: Fundraising Strategies in Equity Crowdfunding, with Ilona Mostipan and Nir Vulkan
27.8.2018 Michael Weber University of Chicago Booth School of Business Human Frictions to the Transmission of Economic Policy, with Francesco D'Acunto, Daniel Hoang and Maritta Paloviita
6.6.2018 Allan Timmermann Rady School of Management, University of California San Diego Pockets of Predictability, with Leland E. Farmer and Lawrence Schmidt
28.5.2018 Kewei Hou Fisher College of Business, Ohio State University The Economics of Value Investing, with Haitao Mo, Chen Xue and Lu Zhang
7.5.2018 Nadya Malenko Carroll School of Management, Boston College Proxy Advisory Firms: The Economics of Selling Information to Voters, with Andrey Malenko
16.4.2018 Patrick Verwijmeren Erasmus School of Economics, Erasmus University Rotterdam The External Financing of Investment, with Bruce D. Grundy
9.4.2018 Francesco Franzoni Universita della Svizzera Italiana and Swiss Finance Institute Brokers and Order Flor Leakage: Evidence from Fire Sales, with Andrea Barbon, Marco Di Maggio and Augustin Landier
19.3.2018 Dagfinn Rime BI Norwegian Business School Segmented Money Markets and Covered Interest Parity Arbitrage, with Andreas Schrimpf and Olav Syrstad
14.3.2018 Tobias J. Moskowitz Yale School of Management Yield Curve Premia, with Jordan Brooks
5.3.2018 George Aragon Arizona State University Hedge Fund Liquidity Management, with A. Tolga Ergun, Mila Getmansky and Giulio Girardi
26.2.2018 Heiko Jacobs University of Duisburg-Essen Anomalies Across the Globe: Once Public, No Longer Existent?, with Sebastian Müller
4.12.2017 Zhi Da University of Notre Dame, Mendoza College of Business Demand for Information and Asset Pricing, with Azi Ben-Rephael, Bruce I. Carlin and Ryan D. Israelsen
27.11.2017 Joan Farre-Mensa Cornerstone Research The Evolution of the Private Equity Market and the Decline in IPOs, with Michael Ewens
20.11.2017 Samuel Hartzmark University of Chicago Booth School of Business Do Investors Value Sustainability? A Natural Experiment Examining Ranking and Fund Flows, with Abigail B. Sussman
13.11.2017 Justin Birru Ohio State University Capital Market Anomalies and Quantitative Research, with Sinan Gokkaya and Xi Liu
6.11.2017 Francesco Sangiorgi Frankfurt School of Finance and Management Why is capital slow moving? Liquidity hysteresis and the dynamics of limited arbitrage
9.10.2017 Anna Cieslak Duke University, Fuqua School of Business The Economics of the Fed Put, with Annette Vissing-Jorgensen
2.10.2017 Dirk Jenter London School of Economics Good and Bad CEOs, with Egor Matveyev and Lukas Roth
25.9.2017 Steffen Andersen Copenhagen Business School Once Bitten, Twice Shy: The Role of Inertia and Personal Experiences in Risk Taking, with Tobin Hanspal and Kasper Meisner Nielsen
11.9.2017 Denis Sosyura Arizona State University, W. P. Carey School of Business Family Descent as a Signal of Managerial Quality:
Evidence from Mutual Funds, with Oleg Chuprinin
4.9.2017 Kim Peijnenburg HEC Paris Noncognitive Abilities and Financial Distress:
Evidence from a Representative Household Panel, with Gianpaolo Parise
29.5.2017Robert Dittmar University of Michigan, Ross School of Business Cross-Market and Cross-Firm Effects in Implified Default Probabilities and Recovery Values, with Jennifer Conrad and Allaudeen Hameed
22.5.2017Brigitte Madrian Harvard Kennedy SchoolThe Wharton School, University of Pennsylvania Borrowing to Save: Unintended Consequences of Automatic Enrollment
17.5.2017 Patrick Kelly New Economic School Does Access to Foreign Financing Insulate Firms from Local Shocks? Evidence from the Response of Investable Firms to Monetary Policy, joint with Bill francis and Delroy Hunter
15.5.2017Vincent Glode The Wharton School, University of Pennsylvania Voluntary Disclosure in Bilateral Transactions, with Christian Opp and Xingtan Zhang
8.5.2017Jules Van Binsbergen The Wharton School, University of Pennsylvania Real Anomalies, joint with Christian C. Opp
3.5.2017Bruce D. Grundy University of Melbourne Can Socially-Responsible Firms Survive Competition? Analysis of Corporate Employee Matching Grants, with Ning Gong
24.4.2017Omesh Kini Georgia State University, J. Mack Robinson College of Business On the Alignment of Stakeholder Orientation between the Board and Managers, with Sangho Lee and Mo Shen
3.4.2017Ulf von Lilienfeld-Toal University of Luxembourg Identifying the Benefits from Home Ownership: A Swedish Experiment, joint with Paolo Sodini, Stijn Van Nieuwerburgh and Roine Vestman
27.3.2017Nils Friewald Norwegian School of Economics Debt Refinancing and Equity Returns, joint with Christian Wagner and Florian Nagler
20.3.2017Olga Kuzmina New Economic School Fooling the Savvy Investor? Secrecy and Hedge Fund Performance, with Sergiy Gorovyy and Patrick Kelly
6.3.2017 Paolo Pasquariello Stephen M. Ross School of Business, University of Michigan Agency Costs and Strategic Speculation in the U.S. Stock Market
28.11.2016Kasper Meisner Nielsen Hong Kong University of Science and Technology Personal Costs of Executive Turnovers
21.11.2016Daniel Metzger Stockholm School of Economics "Since you're so rich, you must be really smart": Talent and the Finance Wage Premium, joint with Michael Böhm and Per Strömberg
14.11.2016Miguel Antón IESE Business School, University of Navarra Common Ownership, Competition, and Top Management Incentives, joint with Florian Ederer, Mireia Gine and Martin Schmalz
7.11.2016Jens Dick-Nielsen Copenhagen Business School The Cost of Immediacy for Corporate Bonds, joint with Marco Rossi
31.10.2016Andrey Golubov University of Toronto, Rotman School of Management Where is the risk in value? Evidence from a market-to-book decomposition, joint with Theodosia Konstantinidi
24.10.2016Jonathan Cohn The University of Texas at Austin, McCombs School of Business How do employees fare in private equity buyouts? Evidence from workplace safety records, joint with Nicole Nestoriak and Malcolm Wardlaw
17.10.2016Burton Hollifield Carnegie Mellon University, David A. Tepper School of Business Preventing Controversial Catastrophes, joint with Steven D. Baker and Emilio Osambela
10.10.2016Pavel G. Savor Temple University, Fox School of Business One Central Bank to Rule Them All, joint with Francesca Brusa and Mungo Wilson
19.9.2016Jillian Popadak Duke University Corporate Culture: Evidence from the Field
12.9.2016Michelle Lowry LeBow College of Business, Drexel University Venturing Beyond the IPO: Venture Capitalists' Investments in Newly Public Firms, joint with Peter Iliev
5.9.2016Eliezer M. Fich LeBow College of Business, Drexel University Advertising, Attention, and Acquisition Returns, joint with Laura Starks and Anh Tran
6.6.2016Alok Kumar University of Miami Geographical Accessibility and Portfolio Choice, with Agnes Mood
30.5.2016Gary Gorton Yale School of Management Good Booms, Bad Booms, with Guillermo Ordoñez
23.5.2016Nikolai Roussanov University of Pennsylvania, The Wharton School Fracking, Drilling, and Asset Pricing: Estimating the Economic Benefits of the Shale Revolution, with Erik Gilje and Robert Ready
16.5.2016Rajnish Mehra University of Luxembourg The Demand for Diversification in Incomplete Markets, with Sunil Wahal and Daruo Xie
25.4.2016Sophie Shive University of Notre Dame Mutual Funds and Bond Market Liquidity, with Paul Schultz
18.4.2016Yiming Qian University of Iowa Pre-market Trading and IPO Pricing, with Chun Chang, Yao-Min Chiang and Jay R. Ritter
11.4.2016Nicolae Garleanu UC Berkeley, Haas School of Business Efficiently Inefficient Markets for Assets and Asset Management, with Lasse Heje Pedersen
21.3.2016Michael Halling Stockholm School of Economics The Mutual Fund Fee Puzzle, with Michael Cooper and Wenhao Jang
14.3.2016Allauden Hameed National University of Singapore (NUS) Dividend Clientele and Return Comovement, with JIng Xie
7.3.2016Toni M. Whited The Ross School - University of Michigan Labor and Capital Dynamics under Financing Frictions, with Ryan Michaels & T. Beau Page 
16.12.2015Stijn Van Nieuwerburgh NYU Stern Phasing out the GSEs, with Vadim Elenev and Tim Landvoigt 
7.12.2015Andrew Karolyi Cornell University - Johnson Graduate School of Management The U.S. listing gap with Craig Doidge and René M. Stulz
30.11.2015Geraldo Cerqueiro Catolica Lisbon School of Business and Economics
9.11.2015Christa Bouwman Texas A&M University Small Bank Comparative Advantages in Alleviating Financial Constraints and Providing Liquidity Insurance over Time with Allen N. Berger and Dasol Kim
2.11.2015Antti Ilmanen AQR Capital Management Humble Forecasts, Bold Diversification
26.10.2015Ilan Cooper BI Norwegian Business School Equity risk factors and the Intertemporal CAPM with Paulo Maio
5.10.2015Martijn J. Van den Assem VU University of Amsterdam Game Show Economics
21.9.2015David Solomon University of Southern California - Marshall School of Business Rolling mental Accounts with Cary D. Frydman and Samuel M. Hartzmark
14.9.2015Geoffrey Tate University of North Carolina Kenan-Flagler Business School The Human Factor in Acquisitions: Cross-industry Labor Mobility and Corporate Diversification with Liu Yang
7.9.2015Ioanid Rosu HEC Paris Fast and Slow Informed Trading
31.8.2015Steven Ongena University of Zurich and Swiss Finance Institute Fear, Anger and Credit. On Bank Robberies and Loan Conditions with Paola Morales Acevedo
1.6.2015Remco Zwinkels VU University Amsterdam Investor Sentiment and Employment with Maurizio Montone
25.5.2015Andrew Patton Duke University The Impact of Hedge Funds on Asset Markets with Mathias Kruttli and Tarun Ramadorai
20.5.2015Jarrad Harford University of Washington, Michael G. Foster School of Business Corporate Financial Policies in Overvalued Credit Markets with Marc Martos-Vila and Matthew Rhodes-Kropf
11.5.2015Nagpurnanand R. Prabhala University of Maryland, Rober H. Smith School of Business Mutual Fund Competition, Managerial Skill, and Alpha Persistence", with Gerard Hoberg, Nitin Kumar
4.5.2015Vikram Nanda Rutgers Business School Intellectual Property Protection and Financial Markets: Patenting vs. Secrecy, with Nishant Dass and Steven Chong Xiao
27.4.2015David Musto University of Pennsylvania, The Wharton School Notes on Bonds: Liquidity at all Costs in the Great Recession
20.4.2015Jos Van Bommel University of Luxembourg Estimating the Proportion of Informed Trade in Call Auctions
13.4.2015Iftekhar Hasan Fordham University Democracy and Innovation, with Haitian Lu, Tuomas Takalo and Mingming Zhou
16.3.2015Neeltje van Horen De Nederlandsche Bank The Role of Foreign Banks in Trade, with Stijn Claessens and Omar Hassib
9.3.2015Andreas Hackethal Goethe University Frankfurt Which Investment Behaviors Really Matter for Individual Investors? with Benjamin Loos, Steffen Meyer, Joachim Weber
26.1.2015Patrik Sandås McIntire School of Commerce, University of Virginia Does Trading Anonymously Enhance Liquidity?, joint with Patrick J. Dennis
15.12.2014Thomas Noe University of Oxford, Saïd Business School Ownership structure, organizational reform and corporate reputations, with Michael J. Rebello and Thomas A. Rietz
8.12.2014Christopher Parsons UCSD, Rady School of Management The Geography of Financial Misconduct, joint with Johan Sulaeman and Sheridan Titman
17.11.2014Jess Cornaggia Georgetown University, McDonough School of Business Home Bias: Evidence from Municipal Bond Ratings, joint with Kimberly J Cornaggia and Ryan Israelsen
3.11.2014Wolf Wagner Tilburg University The Disturbing Interaction between Countercyclical Capital Requirements and Systemic Risk, joint with Balint L. Horvath
27.10.2014Ľuboš Pástor University of Chicago, Booth School of Business Do Funds Make More When They Trade More?, joint with Robert F. Stambaugh and Lucian A. Taylor
13.10.2014Jonathan Reuter Boston College What is the Impact of Financial Advisors on Retirement Portfolio Choices and Outcomes? , joint with John Chalmers
29.9.2014Marcin Kacperczyk Imperial College London The Unintended Consequences of the Zero Lower Bound Policy, joint with Marco Di Maggio
15.9.2014Mike Burkart Stockholm School of Economics Activist Funds, Leverage, and Procyclicality, joint with Amil Dasgupta
8.9.2014Jörg Rocholl ESMT European School of Management and Technology Financing constraints, emplyment, and labor compensation, joint with Alexander Popov
21.5.2014Benjamin Golez Mendoza College of Business, Notre Dame Has cash flow become less important? A tale of two periods re-examined, joint with Zhi Da
12.5.2014Evren Örs HEC Paris Risk-based capital requirements for banks and international trade: Evidence from Basel II implementation in Turkey, joint with Banu Demir and Tomasz Michalski
5.5.2014Effi Benmelech Northwestern University, Kellogg School of Management The agglomeration of bankruptcy, joint with Nittai Bergman, Anna Milanez, and Vladimir Mukharlyamov
14.4.2014Bilge Yilmaz University of Pennsylvania, The Wharton School Precision of ratings, joint with Anastasia Kartasheva
7.4.2014Martin Brown University of St.Gallen, Swiss Institute of Banking and Finance Switching costs, deposit insurance and deposit withdrawals from distressed banks, joint with Benjamin Guin and Stefan Morkötter
31.3.2014Frederico Belo University of Minnesota, Carlson School of Management External equity financing shocks, financial flows, and asset prices, joint with Xiaoji Lin and Fan Yang
24.3.2014Mara Faccio Purdue University, Krannert School of Management Taxes, capital structure choices, and firm value, joint with Jin Xu
10.3.2014Shawn Cole Harvard Business School How does risk management influence production decisions? Evidence from a field experiment, joint with Xavier Giné and James Vickery
3.3.2014Martin Schmalz University of Michigan, Ross School of Business Can changes in the cost of cash resolve the corporate cash puzzle?, joint with José Azar and Jean-François Kagy
20.1.2014Doron Avramov Hebrew University of Jerusalem Time-varying momentum payoffs and illiquidity, joint with Si Cheng and Allaudeen Hameed.
9.12.2013Florian Heider European Central Bank As certain as debt and taxes: Estimating the tax sensitivity of leverage from exogenous state tax changes, joint with Alexander Ljunqvist
25.11.2013Colin Mayer University of Oxford, Saïd Business School The ownership of Japanese corporations in the 20th century, joint with Julian Franks and Hideaki Miyajima
18.11.2013Terry Hendershott University of California, Berkeley, Haas School of Business Asset price dynamics with limited attention, joint with Sunny X. Li, Albert J. Menkveld, and Mark S. Seasholes
4.11.2013David A. Chapman Boston College, Carroll School of Management Household consumption and portfolio choice in response to social security policy risk
28.10.2013Andrey Malenko MIT, Sloan School of Management Means of payment and timing of mergers and acquisitions in a dynamic economy, joint with Alexander Gorbenko
7.10.2013Lars Norden Erasmus University, Rotterdam School of Management The benefits of relationship lending in a cross-country context: A meta-analysis, joint with Vlado Kysucky
30.9.2013Hendrik Bessembinder University of Utah, David Eccles School of Business Predicting corporate distributions, joint with Feng Zhang
16.9.2013Jonathan Berk Stanford University, Graduate School of Business Measuring skill in the mutual fund industry, joint with Jules van Binsbergen
9.9.2013Gustavo Grullon Rice University, Jesse H. Jones Graduate School of Business Downside risk and the design of CEO incentives: Evidence from a natural experiment, joint with David De Angelis and Sébastien Michenaud
3.6.2013Manju Puri Duke Univerisity, Fuque School of Business Do depositors monitor banks?, joint with Rajkamal Iyer and Nicholas Ryan
27.5.2013Hans Hvide University of Bergen Social interaction at work: Common stock investments, joint with Per Östberg
20.5.2013Abraham Ravid Yeshiva University, Syms School of Business Intellectual property contracts: Theory and evidence from screenplay sales, joint with Milton Harris, Ronald Sverdlove, and Suman Basuroy
8.5.2013Daniel Paravisini London School of Economics The information and agency effects of scores: Randomized evidence from credit committees, joint with Antoinette Schoar
22.4.2013Joel Hasbrouck NYU Stern School of Business High frequency quoting: Short-term volatility in bids and offers
15.4.2013Pierre Collin-Dufresne Columbia University, Graduate School of Business Insider trading, stochastic liquidity and equilibrium prices, joint with Vyacheslav Fos
8.4.2013Ji-Chai Linn Lousiana State University What do stock price levels tell us about the firms?, joint with Konan Chan, Fengfei Li, and Tse-Chun Lin
25.3.2013Peter Cziraki University of Toronto CEO horizon and insider trading, joint with Moqi Xu
18.3.2013Kelly Shue University of Chicago, Booth School of Business Swinging for the fences: Executive reactions to quasi-random option grants, joint with Richard Townsend
4.3.2013Vikrant Vig London Business School Crony lending in social networks
10.1.2013Harley Ryan Georgia State University Family firms and top management compensation incentives, joint with Zhi Li and Lingling Wang
10.12.2012Kent Daniel Columbia University, Graduate School of Business Momentum crashes, joint with Toby Moskowitz
26.11.2012Zhiguo He University of Chicago, Booth School of Business Debt and creative destruction: Why could subsidizing corporate debt be optimal?, joint with Gregor Matvos.
21.11.2012Vikas Agarwal Georgia State University, J. Mack Robinson College of Business Mandatory portfolio disclosure and stock liquidity, joint with Kevin Mullally, Yuehua Tang, and Baozhong Yang
12.11.2012Konstantin Milbradt MIT, Sloan School of Management Maturity rationing and collective short-termism, joint with Martin Oehmke
5.11.2012Henrik Cronqvist Claremont McKenna College Why do individuals exhibit investment biases?, joint with Stephan Siegel
29.10.2012Ron Kaniel University of Rochester, Simon School of Business The delegated Lucas tree, joint with Péter Kondor
22.10.2012Tim Johnson University of Illinois, Urbana-Champaign Systematic volatility of unpriced earnings shocks, joint with Jaehoon Lee
8.10.2012Laurent Frésard University of Maryland, Robert H. Smith School of Business Learning from peers' stock prices and corporate investment, joint with Thierry Foucault
24.9.2012Steven Ongena Tilburg University Collateralization, bank loan rates and monitoring: Evidence from a natural experiment, joint with Geraldo Cerqueiro and Kasper Roszbach
17.9.2012Motohiro Yogo Federal Reserve Bank of Minneapolis The cost of financial frictions for life insurers, joint with Ralph Koijen
10.9.2012Shlomo Benartzi UCLA Anderson School of Management Behavioral finance 2.0 and the retirement journey
28.5.2012Kevin Murphy University of Southern California, Marshall School of Business Section 5 from Executive compensation: Where we are and how we got there
21.5.2012David Yermack New York University, Stern School of Business Tailspotting: How disclosure, stock prices and volatility change when CEOs fly to their vacation homes
14.5.2012Craig Lewis Vanderbilt University and SEC Convertibles and hedge funds as distributors of equity exposure, joint with Stephen J. Brown, Bruce D. Grundy, and Patrick Verwijmeren
7.5.2012Laura Starks University of Texas at Austin, McCombs School of Business Defined contribution pension plans: Sticky or discerning money?, joint with Clemens Sialm and Hanjiang Zhang
23.4.2012Söhnke Bartram Warwick University Post-retirement benefit plans, leverage, and real investment
16.4.2012Michael Faulkender University of Maryland, RH Smith School of Business Investment and capital constraints: Repatriations under the American Jobs Creation Act, joint with Mitchell Petersen
2.4.2012Abe de Jong Erasmus University, Rotterdam School of Management The formative years of the first modern corporation: The Dutch East India Company, 1602-1623, joint with Oscar Gelderblom and Joost Jonker
26.3.2012Christophe Spaenjers HEC Paris Buying beauty: On prices and returns in the art market, joint with Luc Renneboog
19.3.2012Thierry Foucault HEC Paris Illiquidity contagion and liquidity crashes, joint with Giovanni Cespa
12.3.2012Robert Marquez Boston University School of Management Private equity fund returns and performance persistence, joint with Vikram Nanda and M. Deniz Yavuz
28.11.2011Mike Burkart Stockholm School of Economics Smart buyers, joint with Samuel Lee
21.11.2011Jussi Keppo University of Michigan What is the true cost of active management? A comparison of hedge funds and mutual funds, joint with Antti Petäjistö
14.11.2011Rüdiger Fahlenbrach Swiss Finance Institute, EPFL This time is the same: Using bank performance in 1998 to explain bank performance during the recent financial crisis, joint with Robert Prilmeier and René M. Stulz
17.10.2011Samuli Knüpfer London Business School IQ and mutual fund choice, joint with Mark Grinblatt, Seppo Ikäheimo, and Matti Keloharju
10.10.2011Dong Lou London School of Economics Attracting investor attention through advertising
3.10.2011Lukas Schmid Duke University, Fuqua School of Business Investment-based corporate bond pricing, joint with Lars-Alexander Kuehn
21.9.2011George Pennacchi University of Illinois A structural model of contingent bank capital
19.9.2011Scott Weisbenner University of Illinois Why I lost my secretary: The effect of endowment shocks on university operations, joint with Jeffrey R. Brown, Stephen G. Dimmock, and Jun-Koo Kang
12.9.2011Paulo Maio Hanken School of Economics The time-series and cross-sectional consistency of the ICAPM, joint with Pedro Santa-Clara
22.8.2011Gordon Phillips University of Maryland, R.H. Smith School of Business Conglomerate industry spanning, joint with Gerard Hoberg
9.6.2011Douglas Diamond University of Chicago Booth School of Business Illiquid banks, financial stability, and interest rate policy, joint with Raghuram Rajan
30.5.2011Clifford G. Holderness Boston College Do differences in legal protections explain differences in ownership concentration?
23.5.2011Tarun Chordia Emory University, Goizueta Business School Trends in the cross-section of expected stock returns, joint with Avanidhar Subrahmanyam and Qing Tong
9.5.2011Joshua Pollet Michigan State University Are credit default swaps a sideshow? Evidence that information flows from equity to CDS markets, joint with Jens Hilscher and Mungo Wilson
18.4.2011Evgeny Lyandres Boston University Real options, volatility, and stock returns, joint with Gustavo Grullon and Alexei Zhdanov
4.4.2011Martin Ruckes University of Karlsruhe Time to wind down: Closing decisions and high water marks in hedge fund management contracts, joint with Margarita Sevostiyanova
21.3.2011Mark Seasholes Hong Kong University of Science and Technology Risk sharing, costly participation, and monthly returns, joint with Terrence Hendershott, Sunny Li, and Albert Menkveld
14.3.2011Karin Thorburn Norwegian School of Economics and Business Administration Public information and IPO underpricing, joint with Einar Bakke and Tore Leite
28.2.2011Simon Gervais Duke University, Fuqua School of Business Libertarian paternalism, information sharing, and financial decision-making, joint with Bruce Ian Carlin and Gustavo Manso
14.2.2011Oliver Spalt Tilburg University Acquisitions as lotteries: Do managerial gambling attitudes influence takeover decisions?, joint with Christoph Schneider
7.2.2011Jan Ericsson McGill University The cost and timing of financial distress, joint with Redouane Elkamhi and Christopher A. Parsons
29.11.2010Elias Rantapuska Aalto University Do environmental mood variables influence trading behavior?, joint with Markku Kaustia
15.11.2010Michael Haliassos Goethe University Frankfurt Differences in portfolios across countries: Economic environment versus household characteristics, joint with Dimitris Christelis and Dimitris Georgarakos
8.11.2010Ulf Axelson London School of Economics Investment banking careers: An equilibrium theory of overpaid jobs, joint with Philip Bond
18.10.2010William Kerr Harvard Business School Agglomeration bubbles and cluster shapes, joint with Scott Duke Kominers
11.10.2010Claus Munk Aarhus University Asset allocation over the life cycle: How much do taxes matter?, joint with Holger Kraft and Marcel Marekwica
4.10.2010Ning Zhu Shanghai Advanced Institute of Finance (SAIF) and UC Davis Security supply and bubbles: A natural experiment from the chinese warrants market, joint with Li Liao, Zhisheng Li, and Weiqiang Zhang
27.9.2010Juhani Linnainmaa University of Chicago - Booth School of Business Reverse survivorship bias
20.9.2010Paolo Sodini Stockholm School of Economics Twin picks: Disentangling the determinants of risk-taking in household portfolios, joint with Laurent Calvet
6.9.2010Søren Hvidkjær Copenhagen Business School The characteristics of informed trading: Implications for asset pricing, joint with Hadiye Aslan, David Easley, and Maureen O'Hara
31.5.2010Tarun Ramadorai Saïd Business School, Oxford University Investor interest and hedge fund returns
24.5.2010Henri Servaes London Business School Have rating agencies become more conservative?, joint with Ramin Baghai and Ane Tamayo
17.5.2010Reena Aggarwal McDonough School of Business, Georgetown University Does governance travel around the world? Evidence from institutional investors, joint with Isil Erel, Miguel Ferreira and Pedro Matos
10.5.2010David Thesmar HEC School of Management Investor horizons and corporate policies, joint with François Derrien, Ambrus Keckés
3.5.2010M. Keith Chen Yale School of Management "Reexamining choice-rationalization and cognitive dissonance: Do choices affect or reflect preferences?"
12.4.2010Erkko Etula Federal Reserve Bank of New York Risk Appetite and Exchange Rates, joint with Tobias Adrian and Hyun Song Shin
22.3.2010Markus Glaser University of Konstanz Opening the black box: Internal capital markets and managerial power in conglomerates, joint with Florencio Lopez de Silanes and Zacharias Sautner
15.3.2010Robin Greenwood Harvard Business School Stock price fragility, joint with David Thesmar
8.3.2010Anders Vilhelmsson Lund University The pernicious effects of contaminated data in risk management, joint with Laurent Frésard and Christophe Pérignon
1.3.2010Barbara Bukhvalova Norwegian School of Management, BI Costly investment decisions, mutual fund fees and diversification choices
15.2.2010Peter MacKay Hong Kong University of Science and Technology Corporate risk management: The hedging footprint, joint with Sara B. Moeller
8.2.2010Patrik Sandås University of Virginia The role of mortgage brokers in the subprime crisis, joint with Antje Berndt and Burton Hollifield
1.2.2010Timo Korkeamäki Hanken School of Economics Institutional investors and foreign exchange risk, joint with Danielle Xu
25.1.2010Matti Suominen Aalto University Short term reversals, returns to liquidity provision and the costs of immediacy, joint with Kalle Rinne
7.12.2009Ulrike Malmendier University of California, Berkeley Managerial beliefs and corporate financial policies, joint with Geoffrey Tate and Jon Yan
30.11.2009Augustin Landier Toulouse School of Economics The taxpayer burden of bank restructurings
16.11.2009David T. Robinson Duke University, Fuqua School of Business The Capital Structure Decisions of New Firms, joint with Alicia M. Robb
9.11.2009Øyvind Norli Norwegian School of Management Liquidity and shareholder activism, joint with Charlotte Ostergaard and Ibolya Schindele
2.11.2009Darius Miller Southern Methodist University Do country level investor protections impact security level contract design? Evidence from foreign bond covenants, joint with Natalia Reisel
26.10.2009Noah Stoffman Kelley School of Business, Indiana University Who trades with whom? Individuals, institutions, and returns
5.10.2009Jon Danielsson London School of Economics Risk appetite and endogenous risk, joint with Hyun Song Shin and Jean-Pierre Zigrand
28.9.2009Albert "Pete" Kyle University of Maryland Market microstructure invariants, joint with Anna Obizhaeva
21.9.2009Belén Villalonga Harvard Business School Family Control of Firms and Industries, joint with Raphael Amit
14.9.2009Matti Keloharju Helsinki School of Economics Shareholders as customers: Evidence from brand-level microdata, joint with Samuli Knüpfer and Juhani Linnainmaa
7.9.2009Robert Kosowski Imperial College Hedge fund predictability under the magnifying glass: Forecasting individual fund returns using multiple predictors, joint with Doron Avramov and Laurent Barras
24.8.2009Harrison Hong Princeton University Red and blue investing: Values and finance, joint with Leonard Kostovetsky
3.6.2009Viral Acharya Stern School of Business, New York University Regulating systemic risk
25.5.2009Antti Petäjistö Yale School of Management Should benchmark indices have alpha? Revisiting Performance Evaluation, joint with Martijn Cremers and Eric Zitzewitz
18.5.2009Marko Terviö University of California, Berkeley Exit  options and dividend policy under liquidity constraints, joint with Pauli Murto
11.5.2009Harald Hau INSEAD Global versus local asset pricing: Evidence from arbitrage of the MSCI index change
4.5.2009Catherine Casamatta University of Toulouse 1 Fund managers' contracts and short-termism, joint with Sébastien Pouget
27.4.2009Ludovic Phalippou University of Amsterdam Private equity investments: Performance and diseconomies of scale, joint with Florencio Lopez-de-Silanes and Oliver Gottschalg
20.4.2009David Reeb Temple University Family Preferences and Investment Policy: Evidence from Capital Expenditures and R&D Spending, joint with Ronald Anderson and Augustine Duru
6.4.2009Ulrich Hege HEC School of Management Debt and dividends in pyramidal Structures: Evidence from France, joint with Abe de Jong, Douglas V. DeJong, and Gerard Mertens
30.3.2009Peter Christoffersen McGill University Exploring Time-Varying Jump Intensities: Evidence from S&P500 Returns and Options, joint with Kris Jacobs and Chayawat Ornthanalai
23.3.2009Yrjö Koskinen Boston University The euro and corporate financing, joint with Arturo Bris and Mattias Nilsson
16.3.2009Jacques Olivier HEC School of Management Time varying incentives in the mutual fund industry, joint with Anthony Tay
9.3.2009Matti Keloharju Helsinki School of Economics Do smart investors outperform dumb investors?, joint with Mark Grinblatt and Juhani Linnainmaa
2.3.2009Amit Goyal Goizueta Business School, Emory University Performance and persistence in institutional investment management, joint with Jeffrey Busse and Sunil Wahal
23.2.2009James Choi Yale School of Management Can psychological aggregation manipulations affect portfolio risk-taking? Evidence from a framed field experiment, joint with John Beshears, David Laibson, and Brigitte Madrian
9.2.2009Antonio Guarino University College London No-trade in the laboratory, joint with Marco Angrisani, Steffen Huck, and Nathan Larson
2.2.2009Avanidhar Subrahmanyam UCLA Anderson School of Management Options trading activity and firm valuation, joint with Richard Roll and Eduardo Schwartz
15.12.2008Stefano DellaVigna University of California, Berkeley Capital budgeting vs. market timing: An evaluation using demographics, joint with Joshua Pollet
01.12.2008Annette Vissing-Jørgensen Kellogg School of Management, Northwestern University Informational hold-up and performance persistence in venture capital, joint with Yael V. Hochberg and Alexander Ljungqvist.
24.11.2008Rui Albuquerque Boston University Advance information and asset prices, joint with Jianjun Miao
17.11.2008Petri Jylhä Helsinki School of Economics Arbitrage capital and currency carry trade returns, joint with Jussi-Pekka Lyytinen and Matti Suominen
10.11.2008William J. Wilhelm, Jr. University of Virginia - McIntire School of Commerce Individual and Institutional Reputation, joint with Zhaohui Chen and Alan Morrison
03.11.2008Ingrid Werner Ohio State University When constraints bind, joint with Karl B. Diether
27.10.2008Kalok Chan The Hong Kong University of Science and Technology Stock price synchronicity and liquidity, joint with Allaudeen Hameed and Wenjin Kang
20.10.2008Peter Nyberg Hanken School of Economics and GSF The dynamic behavior of the idiosyncratic volatility discount: Aggregate idiosyncratic volatility and return reversals revisited
06.10.2008Bent Jesper Christensen University of Aarhus The role of implied volatility in forecasting future realized volatility and jumps in foreign exchange, stock, and bond markets, joint with Thomas Busch and Morten Ørregaard Nielsen
01.10.2008Jeff Pontiff Boston College Hierarchies or markets? The survival of POWs during WWII, joint with Clifford Holderness
29.09.2008Stefan Nagel Stanford University Depression babies: Do macroeconomic experiences affect risk-taking?, joint with Ulrike Malmendier
22.09.2008Florencio López-de-Silanes EDHEC Business School Transparency and accountability, joint with Simeon Djankov, Rafael LaPorta, and Andrei Shleifer
15.09.2008Lauren H. Cohen Harvard Business School Hiring cheerleaders: Board appointments of independent directors, joint with Andrea Frazzini and Christopher Malloy
08.09.2008Mark Flannery University of Florida Financing major investments: Information about capital structure decisions, joint with Ralf Elsas and Jon A. Garfinkel
16.06.2008David Yermack NYU Stern School of Business Deduction ad absurdum: CEOs donating their own stock to their own family foundations
09.06.2008William L. Megginson University of Oklahoma Arranger certification in project finance, joint with Stefano Gatti, Stefanie Kleimeier, and Alessandro Steffanoni.
06.06.2008Chris Leach University of Colorado at Boulder Relative gasoline prices: Octanes and arbitrage, joint with Frederic P. Sterbenz and Russ Wermers
26.05.2008Scott Duellman Binghamton University Auditor competition and auditor independence: The quality of financial statements, joint with David G. Harris.
12.05.2008Bo Becker University of Illinois at Urbana-Champaign Reputation and competition: Evidence from the credit rating industry, joint with Todd Milbourn.
05.05.2008Jay Ritter University of Florida The marketing of seasoned equity offerings, joint with Xiaohui Gao.
28.04.2008Nicolae Gârleanu UC Berkeley, Haas School of Business Young, old, conservative and bold: The implications of heterogeneity and finite lives for asset pricing, joint with Stavros Panageas.
21.04.2008Raghavendra Rau Krannert Graduate School of Management, Purdue University Is there life after the end of analyst coverage?, joint with Ajay Khorana and Simona Mola.
14.04.2008Morten Bennedsen Copenhagen Business School Do CEOs matter?, joint with Francisco Pérez-González and Daniel Wolfenzon.
07.04.2008Samuli Knüpfer Helsinki School of Economics Do investors learn from their neighbors’ stock market experience?, joint with Markku Kaustia.
10.03.2008Tim Jenkinson Saïd Business School, Oxford University Do investors value high levels of regulation?, joint with Tarun Ramadorai.
07.03.2008Massimo Massa INSEADThe role of debt imbalance on stocks and bonds, joint with Lei Zhang.
03.03.2008Peter Nyberg Swedish School of Economics and Business Administration and GSF A new value-weighted total return index for the Finnish stock market 1912-1969, joint with Mika Vaihekoski
25.02.2008Vesa Puttonen Helsinki School of Economics Stock characteristics and financial advisers' labile preferences, joint with Markku Kaustia and Heidi Laukkanen
11.02.2008Avanidhar Subrahmanyam UCLA Anderson School of Management The term structure of bond market liquidity, joint with Ruslan Goyenko and Andrey Ukhov.
04.02.2008Anders Löflund Swedish School of Economics and Business Administration International bond diversification strategies; the impact of currency, country and credit risk, joint with Mats Hansson and Eva Liljeblom.
28.01.2008Laurent Calvet Imperial College London and HEC-ParisFight or flight? Portfolio rebalancing by individual investors, joint with John Y. Campbell and Paolo Sodini.
21.01.2008Nuno Fernandes Universidade Catolica Portuguesa The evolution of earnings management and firm valuation: A cross-country analysis, joint with Miguel A. Ferreira.
14.01.2008Alexander Wagner University of Zurich The executive turnover risk premium, joint with Florian S. Peters.
03.12.2007Timo Korkeamäki Gonzaga University, School of Business Administration The effects of the euro on interest rate sensitivity
26.11.2007Matti Suominen Helsinki School of Economics Value uncertainty, price impact and the choice of the equity issuing method, joint with Kalle Rinne
19.11.2007Tommi A. Vuorenmaa University of Helsinki, RUESG and HECER Decimalization, realized volatility, and market microstructure noise
12.11.2007Esa Jokivuolle Bank of Finland Portfolio effects and efficiency of lending under Basel II, joint with Timo Vesala
05.11.2007Javier Estrada IESE Business School Fundamental indexation and international diversification
29.10.2007Jeffrey Wurgler NYU SternComovement and copredictability of bonds and the cross-section of stocks, joint with Malcolm Baker
22.10.2007Martin Ruckes University of Karlsruhe A dynamic analysis of growth via acquisition, joint with Worawat Margsiri and Antonio S. Mello
08.10.2007Ernst Maug University of Mannheim Why votes have a value, joint with Ingolf Dittman, Dorothea Kübler, and Lydia Mechtenberg
01.10.2007Christopher Polk London School of Economics Growth or glamour? Fundamentals and systematic risk in stock returns, joint with John Y. Campbell and Tuomo Vuolteenaho
24.09.2007Kjell Nyborg Norwegian School of Economics and Business Adminstration, NHH Advantages to size in banking: The price and management of reserves, joint with Falko Fecht and Jörg Rocholl
17.09.2007Joni Kokkonen Helsinki School of Economics International asset allocation under generalized disappointment aversion and markov switching
10.09.2007Malcolm Baker Harvard Business School Catering through nominal share prices
03.09.2007B. Espen Eckbo Tuck School of Business at Dartmouth Hanover Automatic bankruptcy auctions and fire-sales, joint with Karin S. Thorburn
20.08.2007Vidhan Goyal HKUST Business School Corporate leverage: How much do managers really matter?
28.05.2007Denis Gromb London Business School Financially Constrained Arbitrage and Cross-Market Contagion, joint with Dimitri Vayanos (file updated 22.5.2007)
21.05.2007Richard E. Kihlstrom Wharton, University of Pennsylvania Risk Aversion and the Elasticity of Substitution in General Dynamic Portfolio Theory: Consistent Planning by Forward Looking, Expected Utility Maximizing Investors
16.05.2007Mike Burkart Stockholm School of Economics Security-Voting Structure and Bidder Screening, joint with Christian At and Samuel Lee
14.05.2007Sergei Guriev New Economic School, Moscow Imperfect competition in financial markets and capital structure, joint with Dmitriy Kvasov
07.05.2007Ron Kaniel Duke University, Fuqua School of Business Price drift as an outcome of differences in higher order beliefs, joint with Snehal Banerjee and Ilan Kremer
16.04.2007Per Strömberg Swedish Institute for Financial Research Why are Buyouts Levered? The Financial Structure of Private Equity Funds, joint with Ulf Axelson and Michael S. Weisbach
02.04.2007Steven Ongena CentER-Tilburg University Time for a Change: Loan Conditions and Bank Behavior When Firms Switch, co-authored with Vasso Ioannidou (CentER-Tillburg University)
27.03.2007Sheraz Ahmed Swedish School of Economics and Business Administration Ownership Structure and Earnings Management in Russian Listed Companies
26.03.2007Darius Palia Rutgers Business School Does Better Corporate Governance Cause Better Firm Performance? co-authored with N.K. Chidambaran and Yudan Zheng
19.03.2007Dimitri Vayanos London School of Economics A Preferred-Habitat Model of the Term Structure of Interest Rates, co-authored with Jean-Luc Vila
12.03.2007Yrjö Koskinen Boston University, School of Management Market Conditions and Venture Capitalist Experience in Start-up Financing, co-authored with Michael Rebello and Jun Wang
05.03.2007Juha Joenväärä University of Oulu and GSF Enhanced Hedge Fund Indexation with Parametric Weights
26.02.2007Katja Ahoniemi Helsinki School of Economics and FDPE Multiplicative Models for Implied Volatility
19.02.2007Samuli Knüpfer Helsinki School of Economics Community Spirit and Home Bias
12.02.2007Peter Nyberg Swedish School of Economics and Business Administration and GSF Volatility risk premium, risk aversion and the cross-section of stock returns
05.02.2007Benjamin Maury Swedish School of Economics and Business Administration Do family firms avoid risk-taking? Some evidence from diversification and capital structure in Western European firms, joint with Anders Löflund (Hanken)
29.01.2007Markku Kaustia Helsinki School of Economics Mood variables and trading behavior
22.01.2007Arnoud W.A.Boot University of Amsterdam Competition and Entry in Banking: Implications for Capital Regulation, joint with Matej Marin (University of Ljubljana)
11.12.2006Tuomas Takalo Bank of Finland Entrepreneurship, Financiership, and Selection, joint with Otto Toivanen (HECER).
13.11.2006Annika Sandström Swedish School of Economics and Business Administration Firm default probability and political risk - exploring export credits to high-risk countries
30.10.2006Stefano Rossi Stockholm School of Economics Optimal Resolutions of Financial Distress by Contract joint with Nicola Gennaioli (IIES)
23.10.2006Eva Liljeblom Swedish School of Economics and Business Administration Owners' way or the highway: Short-term expectations and owner impatience, Joint with Mika Vaihekoski
16.10.2006Markku Lanne University of Jyväskylä Forecasting realized volatility by decomposition
09.10.2006Anete Pajuste RTU Riga Business School Determinants and consequences of the unification of dual-class shares
02.10.2006Benjamin Maury Swedish School of Economics and Business Administration Oligarchs, institutional change, and firm valuation: Russian evidence. Joint with Eva Liljeblom
25.09.2006Peter Swan University of New South Wales Leading the Herd to Greener Pastures: When Trade Imitation is the Most “Profitable Form of Flattery, joint with Kingsley Fong, David R. Gallagher, and Peter Gardner
18.09.2006Valeri Voev University of Konstanz Panel Intensity Models with Latent Factors, joint with Igmar Nolte
11.09.2006Paolo Volpin London Business School Lobbying on Entry, joint with Enrico Perotti
22.05.2006Eirik Kristiansen NHH, Bergen Communication of Soft Information to Investors: Credibility and Reputation, joint with Jay Pil Choi and Jae Nahm
18.05.2006Antti Petäjistö Yale School of Management Active and Passive Positions by Mutual Funds, joint with Martijn Cremers
15.05.2006Arto Thurlin Swedish School of Economics and Business Administration Price discovery for European and U.S. cross-listed stocks
08.05.2006Markku Kaustia Helsinki School of Economics Ownership society? Evidence on Investors as Voters, joint with Sami Torstila
24.04.2006Timo Vesala Bank of Finland Adverse selection, differentiation and customer poaching in bank lending, joint with Ville Mälkönen
03.04.2006Ian Marsh Cass Business School Bank behaviour with access to credit derivatives markets, joint with B. Goderis, J. Vall Castello and W. Wagner
27.03.2006Yossi Spiegel Tel Aviv University Partial cross ownership and tacit collusion, joint with David Gilo and Yossi Moshe
20.03.2006Vesa Kanniainen University of Helsinki Corporate Social Resposibility: Can Markets Control?, joint with Elise Pietarila
13.03.2006Huang Chunyang Helsinki School of Economics Related-Party Transactions Following Reverse Mergers on the Shenzhen Security Exchange
06.03.2006Magnus Dahlquist Stockholm School of Economics Direct Evidence on Dividend Tax Clienteles
27.02.2006Alexei Goriaev New Economic School Is Political Risk Company-Specific?The Market Side of the Yukos Affair, joint with Konstantin Sonin
20.02.2006Mariassunta Giannetti Stockholm School of Economics & SITE Serial CEOs' Incentives and the Shape of Managerial Contracts
13.02.2006Paolo Volpin London Business School Shareholder Protection, Stock Market Development, and Politics, joint with Marco Pagano
06.02.2006Gilles Hilary Hong Kong University of Science and Technology Labor Strength and Informational Asymmetry in Financial Markets
30.01.2006Sami Vähämaa University of Vaasa Central Bank Interventions and Implied Exchange Rate Correlations
23.01.2006Annalisa Luporini University of Florence Ownership Concentration, Monitoring and Optimal Board Structure joint with Clara Graziano (Università degli Studi di Udine)
16.01.2006Petri Kyröläinen University of Oulu Does day trading affect stockprice volatility?
12.12.2005Markku Kaustia Helsinki School of Economics Do investors learn from personal experience?, joint with Samuli Knüpfer
28.11.2005 Jan Hanousek CERGE-EIRent Extraction by Large Shareholders - Evidence Using Dividend Policy in the Czech Republic
21.11.2005Erkki Nikoskelainen Swedish School of Economics and Business Administration and GSF LBO valuation and the pricing difference between financial and strategic acquirers
14.11.2005Atso Andersen LTT-Research Pricing of Stock Exchange Trading - The Role of Network Externalities
07.11.2005Martin Holmén Uppsala University Family Ownership and the Cost of Under Diversification, joint with Richard Heaney
31.10.2005Esko Valkeila Helsinki University of Technology Asymmetric information in pricing models
24.10.2005Tom Berglund Swedish School of Economics and Business Administration Foreign investors' reactions to profitability changes, joint with Joakim Westerholm
17.10.2005Mika Vaihekoski Lappeenranta University of Technology What is appropriate wage discount for tenure?
10.10.2005Claus Munk University of Southern Denmark Dynamic Asset Allocation with Stochastic Income and Interest Rates, joint with Carsten Sørensen
03.10.2005Jozsef Molnar University of Toulouse Preemptive Horizontal Mergers. Theory and Evidence
26.09.2005David Yermack NYU, Stern School of Business Pay Me Later: Inside Debt and Its Role in Managerial Compensation joint with Rangarajan K. Sundaram
19.09.2005Elias Rantapuska Helsinki School of Economics and GSF Taking up or taken in? Irrational behavior in rights issues
12.09.2005Mike Burkart Stockholm School of Economics, CEPR, FMG and ECGI Minority Blocks and Takeover Premia, joint with Denis Gromb and Fausto Panunzi
23.05.2005Stavros Panageas Wharton, University of Pennsylvania Saving and Investing for Early Retirement: A Theoretical Analysis
16.05.2005David Stolin Toulouse Business School Which money is smart? Mutual fund buys and sells of individual and institutional investors
09.05.2005Samuli Knüpfer Helsinki School of Economics Distribution channels and IPO participation
02.05.2005Kristian Rydqvist Binghampton University Do Shareholders Vote Strategically? Evidence on the Advisory Role of Annual General Meetings
25.04.2005Martin Weber University of Mannheim Stock Options and Employee Behavior
18.04.2005Matti Suominen Helsinki School of Economics Does Bad Corporate Governance Lead to Too Little Competition?
11.04.2005Juhani Linnainmaa UCLA, Anderson School of Management Rationally Irrational? Learning and Short-Sale Restrictions in Dynamic Portfolio Decisions
04.04.2005Harri Toivonen Helsinki School of Economics Pricing Quanto Commodity Swaptions
21.03.2005Daniel Ferreira SITE, Stockholm School of Economics Ownership Structure and the Market for Corporate Control
14.03.2005Paul Sengmuller De Nederlandsche Bank and University of Amsterdam Comovement and Returns
07.03.2005Panu Kalmi Helsinki School of Economics On the Relationship Between Stock Option Compensation and Equity Values
28.02.2005Elias Rantapuska Helsinki School of Economics Consume dividends and never touch the capital―unless somebody else touches first
23.02.2005Joakim Westerholm University of Sydney The Impact of Architectural Features on Global Equity Market Performance: Why Opacity is Harmful for Trading Success
21.02.2005Mika Vaihekoski Lappeenranta University of Technology International Asset Pricing Models and Currency Risk: Evidence from Finland 1970-2004
14.02.2005Jouko Ylä-Liedenpohja University of Tampere The Start-Up and Growth Stages in Enterprise Formation: The New View of Dividend Taxation Reconsidered
31.01.2005Tuomas Takalo Bank of Finland and University of Toulouse Financial Effects of Investor Protection Reforms in Finland
24.01.2005Petra Thoren Swedish School of Economics and Business Administration Share price reaction to board changes
17.01.2005Bernt Arne Odegaard Norwegian School of Management Ownership duration, monitoring quality, and myopic firms
13.12.2004Markku Maula Helsinki University of Technology What drives micro-angel investments? An examination of the determinants of family and non-family investments
29.11.2004Vesa Puttonen Helsinki School of Economics Innovative mutual fund pricing
15.11.2004Helena Holopainen University of Helsinki Biased owners and the choice of business strategy
08.11.2004Ari Hyytinen ETLAMandatory auditor choice and small firm finance: Evidence from Finland
01.11.2004Erkki Nikoskelainen Swedish School of Economics and Business Administration The impact of corporate governance mechanisms on equity return in leveraged buyouts
25.10.2004Renee Adams Stockholm School of Economics Do directors perform for pay?
18.10.2004Huang Chunyang Helsinki School of Economics The separation of ownership and control in the Chinese stock markets
11.10.2004Elias Rantapuska Helsinki School of Economics Ex-dividend day training: who, how, and why?
06.10.2004Paolo Fulghieri University of North Carolina Size and focus of venture capital portfolios
27.09.2004Peter Bossaerts CaltechParadox of asset pricing
20.09.2004Ville Mälkönen Bank of Finland Financial conglomeration and its impact on market efficiency and capital regulation