Past Seminars
3.6.2024 | Sebastian Müller | Technical University of Munich | Global Business Networks, with Christian Breitung |
29.5.2024 | Yong Chen | Texas A&M University | Shadow of Loss: Mutual Fund Tail Behavior and Investor Flows, with Wenting Dai |
20.5.2024 | Tony Cookson | University of Colorado Boulder | News Consumption in the Wild, with Diego Garcia and Elvis Jarnecic |
13.5.2024 | Ramin Baghai | Stockholm School of Economics | Are Women More Exposed to Firm Shocks?, with Rui Silva and Margarida Soares |
22.4.2024 | Erik Hjalmarsson | University of Gothenburg | Analysts Are Good at Ranking Stocks, with Adam Farago and Ming Zeng |
15.4.2024 | Christoph Merkle | Aarhus University | Nudging Investors towards Sustainability – A Field Experiment with a Robo-Advisor |
8.4.2024 | Peter Koudijs | Erasmus School of Economics | Markets under Siege: How Political Beliefs Move Financial Markets, with Saumitra Jha and Marcos Salgado |
18.3.2024 | Christian Heyerdahl-Larsen | BI Norwegian Business School | Economic Growth through Diversity in Beliefs, with Philipp Illeditsch and Howard Kung |
11.3.2024 | Clifton Green | Emory University | Expert Network Calls, with Sean S. Cao, Lijun Lei and Shaojun Zhang |
4.3.2024 | Zacharias Sautner | University of Zurich & Swiss Finance Institute | Is History Repeating Itself? The (Un)Predictable Past of ESG Ratings, with Florian Berg and Kornelia Fabisik |
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 |
29.5.2017 | Robert 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 |
22.5.2017 | Brigitte 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 |
15.5.2017 | Vincent Glode | The Wharton School, University of Pennsylvania | Voluntary Disclosure in Bilateral Transactions, with Christian Opp and Xingtan Zhang |
8.5.2017 | Jules Van Binsbergen | The Wharton School, University of Pennsylvania | Real Anomalies, joint with Christian C. Opp |
3.5.2017 | Bruce D. Grundy | University of Melbourne | Can Socially-Responsible Firms Survive Competition? Analysis of Corporate Employee Matching Grants, with Ning Gong |
24.4.2017 | Omesh 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 |
3.4.2017 | Ulf 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 |
27.3.2017 | Nils Friewald | Norwegian School of Economics | Debt Refinancing and Equity Returns, joint with Christian Wagner and Florian Nagler |
20.3.2017 | Olga 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 |
28.11.2016 | Kasper Meisner Nielsen | Hong Kong University of Science and Technology | Personal Costs of Executive Turnovers |
21.11.2016 | Daniel 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 |
14.11.2016 | Miguel Antón | IESE Business School, University of Navarra | Common Ownership, Competition, and Top Management Incentives, joint with Florian Ederer, Mireia Gine and Martin Schmalz |
7.11.2016 | Jens Dick-Nielsen | Copenhagen Business School | The Cost of Immediacy for Corporate Bonds, joint with Marco Rossi |
31.10.2016 | Andrey 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 |
24.10.2016 | Jonathan 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 |
17.10.2016 | Burton Hollifield | Carnegie Mellon University, David A. Tepper School of Business | Preventing Controversial Catastrophes, joint with Steven D. Baker and Emilio Osambela |
10.10.2016 | Pavel G. Savor | Temple University, Fox School of Business | One Central Bank to Rule Them All, joint with Francesca Brusa and Mungo Wilson |
19.9.2016 | Jillian Popadak | Duke University | Corporate Culture: Evidence from the Field |
12.9.2016 | Michelle Lowry | LeBow College of Business, Drexel University | Venturing Beyond the IPO: Venture Capitalists’ Investments in Newly Public Firms, joint with Peter Iliev |
5.9.2016 | Eliezer M. Fich | LeBow College of Business, Drexel University | Advertising, Attention, and Acquisition Returns, joint with Laura Starks and Anh Tran |
6.6.2016 | Alok Kumar | University of Miami | Geographical Accessibility and Portfolio Choice, with Agnes Mood |
30.5.2016 | Gary Gorton | Yale School of Management | Good Booms, Bad Booms, with Guillermo Ordoñez |
23.5.2016 | Nikolai 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 |
16.5.2016 | Rajnish Mehra | University of Luxembourg | The Demand for Diversification in Incomplete Markets, with Sunil Wahal and Daruo Xie |
25.4.2016 | Sophie Shive | University of Notre Dame | Mutual Funds and Bond Market Liquidity, with Paul Schultz |
18.4.2016 | Yiming Qian | University of Iowa | Pre-market Trading and IPO Pricing, with Chun Chang, Yao-Min Chiang and Jay R. Ritter |
11.4.2016 | Nicolae Garleanu | UC Berkeley, Haas School of Business | Efficiently Inefficient Markets for Assets and Asset Management, with Lasse Heje Pedersen |
21.3.2016 | Michael Halling | Stockholm School of Economics | The Mutual Fund Fee Puzzle, with Michael Cooper and Wenhao Jang |
14.3.2016 | Allauden Hameed | National University of Singapore (NUS) | Dividend Clientele and Return Comovement, with JIng Xie |
7.3.2016 | Toni M. Whited | The Ross School – University of Michigan | Labor and Capital Dynamics under Financing Frictions, with Ryan Michaels & T. Beau Page |
16.12.2015 | Stijn Van Nieuwerburgh | NYU Stern | Phasing out the GSEs, with Vadim Elenev and Tim Landvoigt |
7.12.2015 | Andrew Karolyi | Cornell University – Johnson Graduate School of Management | The U.S. listing gap with Craig Doidge and René M. Stulz |
30.11.2015 | Geraldo Cerqueiro | Catolica Lisbon School of Business and Economics | |
9.11.2015 | Christa 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 |
2.11.2015 | Antti Ilmanen | AQR Capital Management | Humble Forecasts, Bold Diversification |
26.10.2015 | Ilan Cooper | BI Norwegian Business School | Equity risk factors and the Intertemporal CAPM with Paulo Maio |
5.10.2015 | Martijn J. Van den Assem | VU University of Amsterdam | Game Show Economics |
21.9.2015 | David Solomon | University of Southern California, Marshall School of Business | Rolling mental Accounts with Cary D. Frydman and Samuel M. Hartzmark |
14.9.2015 | Geoffrey Tate | University of North Carolina Kenan-Flagler Business School | The Human Factor in Acquisitions: Cross-industry Labor Mobility and Corporate Diversification with Liu Yang |
7.9.2015 | Ioanid Rosu | HEC Paris | Fast and Slow Informed Trading |
31.8.2015 | Steven Ongena | University of Zurich and Swiss Finance Institute | Fear, Anger and Credit. On Bank Robberies and Loan Conditions with Paola Morales Acevedo |
1.6.2015 | Remco Zwinkels | VU University Amsterdam | Investor Sentiment and Employment with Maurizio Montone |
25.5.2015 | Andrew Patton | Duke University | The Impact of Hedge Funds on Asset Markets with Mathias Kruttli and Tarun Ramadorai |
20.5.2015 | Jarrad 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 |
11.5.2015 | Nagpurnanand R. Prabhala | University of Maryland, Rober H. Smith School of Business | Mutual Fund Competition, Managerial Skill, and Alpha Persistence”, with Gerard Hoberg, Nitin Kumar |
4.5.2015 | Vikram Nanda | Rutgers Business School | Intellectual Property Protection and Financial Markets: Patenting vs. Secrecy, with Nishant Dass and Steven Chong Xiao |
27.4.2015 | David Musto | University of Pennsylvania, The Wharton School | Notes on Bonds: Liquidity at all Costs in the Great Recession |
20.4.2015 | Jos Van Bommel | University of Luxembourg | Estimating the Proportion of Informed Trade in Call Auctions |
13.4.2015 | Iftekhar Hasan | Fordham University | Democracy and Innovation, with Haitian Lu, Tuomas Takalo and Mingming Zhou |
16.3.2015 | Neeltje van Horen | De Nederlandsche Bank | The Role of Foreign Banks in Trade, with Stijn Claessens and Omar Hassib |
9.3.2015 | Andreas Hackethal | Goethe University Frankfurt | Which Investment Behaviors Really Matter for Individual Investors? with Benjamin Loos, Steffen Meyer, Joachim Weber |
26.1.2015 | Patrik Sandås | McIntire School of Commerce, University of Virginia | Does Trading Anonymously Enhance Liquidity?, joint with Patrick J. Dennis |
15.12.2014 | Thomas Noe | University of Oxford, Saïd Business School | Ownership structure, organizational reform and corporate reputations, with Michael J. Rebello and Thomas A. Rietz |
8.12.2014 | Christopher Parsons | UCSD, Rady School of Management | The Geography of Financial Misconduct, joint with Johan Sulaeman and Sheridan Titman |
17.11.2014 | Jess Cornaggia | Georgetown University, McDonough School of Business | Home Bias: Evidence from Municipal Bond Ratings, joint with Kimberly J Cornaggia and Ryan Israelsen |
3.11.2014 | Wolf Wagner | Tilburg University | The Disturbing Interaction between Countercyclical Capital Requirements and Systemic Risk, joint with Balint L. Horvath |
27.10.2014 | Ľuboš 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 |
13.10.2014 | Jonathan Reuter | Boston College | What is the Impact of Financial Advisors on Retirement Portfolio Choices and Outcomes? , joint with John Chalmers |
29.9.2014 | Marcin Kacperczyk | Imperial College London | The Unintended Consequences of the Zero Lower Bound Policy, joint with Marco Di Maggio |
15.9.2014 | Mike Burkart | Stockholm School of Economics | Activist Funds, Leverage, and Procyclicality, joint with Amil Dasgupta |
8.9.2014 | Jörg Rocholl | ESMT European School of Management and Technology | Financing constraints, emplyment, and labor compensation, joint with Alexander Popov |
21.5.2014 | Benjamin Golez | Mendoza College of Business, Notre Dame | Has cash flow become less important? A tale of two periods re-examined, joint with Zhi Da |
12.5.2014 | Evren 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 |
5.5.2014 | Effi Benmelech | Northwestern University, Kellogg School of Management | The agglomeration of bankruptcy, joint with Nittai Bergman, Anna Milanez, and Vladimir Mukharlyamov |
14.4.2014 | Bilge Yilmaz | University of Pennsylvania, The Wharton School | Precision of ratings, joint with Anastasia Kartasheva |
7.4.2014 | Martin 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 |
31.3.2014 | Frederico Belo | University of Minnesota, Carlson School of Management | External equity financing shocks, financial flows, and asset prices, joint with Xiaoji Lin and Fan Yang |
24.3.2014 | Mara Faccio | Purdue University, Krannert School of Management | Taxes, capital structure choices, and firm value, joint with Jin Xu |
10.3.2014 | Shawn Cole | Harvard Business School | How does risk management influence production decisions? Evidence from a field experiment, joint with Xavier Giné and James Vickery |
3.3.2014 | Martin 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 |
20.1.2014 | Doron Avramov | Hebrew University of Jerusalem | Time-varying momentum payoffs and illiquidity, joint with Si Cheng and Allaudeen Hameed |
9.12.2013 | Florian 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 |
25.11.2013 | Colin Mayer | University of Oxford, Saïd Business School | The ownership of Japanese corporations in the 20th century, joint with Julian Franks and Hideaki Miyajima |
18.11.2013 | Terry 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 |
4.11.2013 | David A. Chapman | Boston College, Carroll School of Management | Household consumption and portfolio choice in response to social security policy risk |
28.10.2013 | Andrey Malenko | MIT, Sloan School of Management | Means of payment and timing of mergers and acquisitions in a dynamic economy, joint with Alexander Gorbenko |
7.10.2013 | Lars Norden | Erasmus University, Rotterdam School of Management | The benefits of relationship lending in a cross-country context: A meta-analysis, joint with Vlado Kysucky |
30.9.2013 | Hendrik Bessembinder | University of Utah, David Eccles School of Business | Predicting corporate distributions, joint with Feng Zhang |
16.9.2013 | Jonathan Berk | Stanford University, Graduate School of Business | Measuring skill in the mutual fund industry, joint with Jules van Binsbergen |
9.9.2013 | Gustavo 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 |
3.6.2013 | Manju Puri | Duke Univerisity, Fuque School of Business | Do depositors monitor banks?, joint with Rajkamal Iyer and Nicholas Ryan |
27.5.2013 | Hans Hvide | University of Bergen | Social interaction at work: Common stock investments, joint with Per Östberg |
20.5.2013 | Abraham 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 |
8.5.2013 | Daniel Paravisini | London School of Economics | The information and agency effects of scores: Randomized evidence from credit committees, joint with Antoinette Schoar |
22.4.2013 | Joel Hasbrouck | NYU Stern School of Business | High frequency quoting: Short-term volatility in bids and offers |
15.4.2013 | Pierre Collin-Dufresne | Columbia University, Graduate School of Business | Insider trading, stochastic liquidity and equilibrium prices, joint with Vyacheslav Fos |
8.4.2013 | Ji-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 |
25.3.2013 | Peter Cziraki | University of Toronto | CEO horizon and insider trading, joint with Moqi Xu |
18.3.2013 | Kelly Shue | University of Chicago, Booth School of Business | Swinging for the fences: Executive reactions to quasi-random option grants, joint with Richard Townsend |
4.3.2013 | Vikrant Vig | London Business School | Crony lending in social networks |
10.1.2013 | Harley Ryan | Georgia State University | Family firms and top management compensation incentives, joint with Zhi Li and Lingling Wang |
10.12.2012 | Kent Daniel | Columbia University, Graduate School of Business | Momentum crashes, joint with Toby Moskowitz |
26.11.2012 | Zhiguo He | University of Chicago, Booth School of Business | Debt and creative destruction: Why could subsidizing corporate debt be optimal?, joint with Gregor Matvos |
21.11.2012 | Vikas 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 |
12.11.2012 | Konstantin Milbradt | MIT, Sloan School of Management | Maturity rationing and collective short-termism, joint with Martin Oehmke |
5.11.2012 | Henrik Cronqvist | Claremont McKenna College | Why do individuals exhibit investment biases?, joint with Stephan Siegel |
29.10.2012 | Ron Kaniel | University of Rochester, Simon School of Business | The delegated Lucas tree, joint with Péter Kondor |
22.10.2012 | Tim Johnson | University of Illinois, Urbana-Champaign | Systematic volatility of unpriced earnings shocks, joint with Jaehoon Lee |
8.10.2012 | Laurent Frésard | University of Maryland, Robert H. Smith School of Business | Learning from peers’ stock prices and corporate investment, joint with Thierry Foucault |
24.9.2012 | Steven Ongena | Tilburg University | Collateralization, bank loan rates and monitoring: Evidence from a natural experiment, joint with Geraldo Cerqueiro and Kasper Roszbach |
17.9.2012 | Motohiro Yogo | Federal Reserve Bank of Minneapolis | The cost of financial frictions for life insurers, joint with Ralph Koijen |
10.9.2012 | Shlomo Benartzi | UCLA Anderson School of Management | Behavioral finance 2.0 and the retirement journey |
28.5.2012 | Kevin Murphy | University of Southern California, Marshall School of Business | Section 5 from Executive compensation: Where we are and how we got there |
21.5.2012 | David Yermack | New York University, Stern School of Business | Tailspotting: How disclosure, stock prices and volatility change when CEOs fly to their vacation homes |
14.5.2012 | Craig 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 |
7.5.2012 | Laura 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 |
23.4.2012 | Söhnke Bartram | Warwick University | Post-retirement benefit plans, leverage, and real investment |
16.4.2012 | Michael Faulkender | University of Maryland, RH Smith School of Business | Investment and capital constraints: Repatriations under the American Jobs Creation Act, joint with Mitchell Petersen |
2.4.2012 | Abe 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 |
26.3.2012 | Christophe Spaenjers | HEC Paris | Buying beauty: On prices and returns in the art market, joint with Luc Renneboog |
19.3.2012 | Thierry Foucault | HEC Paris | Illiquidity contagion and liquidity crashes, joint with Giovanni Cespa |
12.3.2012 | Robert Marquez | Boston University School of Management | Private equity fund returns and performance persistence, joint with Vikram Nanda and M. Deniz Yavuz |
28.11.2011 | Mike Burkart | Stockholm School of Economics | Smart buyers, joint with Samuel Lee |
21.11.2011 | Jussi Keppo | University of Michigan | What is the true cost of active management? A comparison of hedge funds and mutual funds, joint with Antti Petäjistö |
14.11.2011 | Rüdiger 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 |
17.10.2011 | Samuli Knüpfer | London Business School | IQ and mutual fund choice, joint with Mark Grinblatt, Seppo Ikäheimo, and Matti Keloharju |
10.10.2011 | Dong Lou | London School of Economics | Attracting investor attention through advertising |
3.10.2011 | Lukas Schmid | Duke University, Fuqua School of Business | Investment-based corporate bond pricing, joint with Lars-Alexander Kuehn |
21.9.2011 | George Pennacchi | University of Illinois | A structural model of contingent bank capital |
19.9.2011 | Scott 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 |
12.9.2011 | Paulo Maio | Hanken School of Economics | The time-series and cross-sectional consistency of the ICAPM, joint with Pedro Santa-Clara |
22.8.2011 | Gordon Phillips | University of Maryland, R.H. Smith School of Business | Conglomerate industry spanning, joint with Gerard Hoberg |
9.6.2011 | Douglas Diamond | University of Chicago Booth School of Business | Illiquid banks, financial stability, and interest rate policy, joint with Raghuram Rajan |
30.5.2011 | Clifford G. Holderness | Boston College | Do differences in legal protections explain differences in ownership concentration? |
23.5.2011 | Tarun Chordia | Emory University, Goizueta Business School | Trends in the cross-section of expected stock returns, joint with Avanidhar Subrahmanyam and Qing Tong |
9.5.2011 | Joshua 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 |
18.4.2011 | Evgeny Lyandres | Boston University | Real options, volatility, and stock returns, joint with Gustavo Grullon and Alexei Zhdanov |
4.4.2011 | Martin Ruckes | University of Karlsruhe | Time to wind down: Closing decisions and high water marks in hedge fund management contracts, joint with Margarita Sevostiyanova |
21.3.2011 | Mark Seasholes | Hong Kong University of Science and Technology | Risk sharing, costly participation, and monthly returns, joint with Terrence Hendershott, Sunny Li, and Albert Menkveld |
14.3.2011 | Karin Thorburn | Norwegian School of Economics and Business Administration | Public information and IPO underpricing, joint with Einar Bakke and Tore Leite |
28.2.2011 | Simon Gervais | Duke University, Fuqua School of Business | Libertarian paternalism, information sharing, and financial decision-making, joint with Bruce Ian Carlin and Gustavo Manso |
14.2.2011 | Oliver Spalt | Tilburg University | Acquisitions as lotteries: Do managerial gambling attitudes influence takeover decisions?, joint with Christoph Schneider |
7.2.2011 | Jan Ericsson | McGill University | The cost and timing of financial distress, joint with Redouane Elkamhi and Christopher A. Parsons |
29.11.2010 | Elias Rantapuska | Aalto University | Do environmental mood variables influence trading behavior?, joint with Markku Kaustia |
15.11.2010 | Michael Haliassos | Goethe University Frankfurt | Differences in portfolios across countries: Economic environment versus household characteristics, joint with Dimitris Christelis and Dimitris Georgarakos |
8.11.2010 | Ulf Axelson | London School of Economics | Investment banking careers: An equilibrium theory of overpaid jobs, joint with Philip Bond |
18.10.2010 | William Kerr | Harvard Business School | Agglomeration bubbles and cluster shapes, joint with Scott Duke Kominers |
11.10.2010 | Claus Munk | Aarhus University | Asset allocation over the life cycle: How much do taxes matter?, joint with Holger Kraft and Marcel Marekwica |
4.10.2010 | Ning 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 |
27.9.2010 | Juhani Linnainmaa | University of Chicago – Booth School of Business | Reverse survivorship bias |
20.9.2010 | Paolo Sodini | Stockholm School of Economics | Twin picks: Disentangling the determinants of risk-taking in household portfolios, joint with Laurent Calvet |
6.9.2010 | Søren Hvidkjær | Copenhagen Business School | The characteristics of informed trading: Implications for asset pricing, joint with Hadiye Aslan, David Easley, and Maureen O’Hara |
31.5.2010 | Tarun Ramadorai | Saïd Business School, Oxford University | Investor interest and hedge fund returns |
24.5.2010 | Henri Servaes | London Business School | Have rating agencies become more conservative?, joint with Ramin Baghai and Ane Tamayo |
17.5.2010 | Reena 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 |
10.5.2010 | David Thesmar | HEC School of Management | Investor horizons and corporate policies, joint with François Derrien, Ambrus Keckés |
3.5.2010 | M. Keith Chen | Yale School of Management | Reexamining choice-rationalization and cognitive dissonance: Do choices affect or reflect preferences? |
12.4.2010 | Erkko Etula | Federal Reserve Bank of New York | Risk Appetite and Exchange Rates, joint with Tobias Adrian and Hyun Song Shin |
22.3.2010 | Markus 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 |
15.3.2010 | Robin Greenwood | Harvard Business School | Stock price fragility, joint with David Thesmar |
8.3.2010 | Anders Vilhelmsson | Lund University | The pernicious effects of contaminated data in risk management, joint with Laurent Frésard and Christophe Pérignon |
1.3.2010 | Barbara Bukhvalova | Norwegian School of Management, BI | Costly investment decisions, mutual fund fees and diversification choices |
15.2.2010 | Peter MacKay | Hong Kong University of Science and Technology | Corporate risk management: The hedging footprint, joint with Sara B. Moeller |
8.2.2010 | Patrik Sandås | University of Virginia | The role of mortgage brokers in the subprime crisis, joint with Antje Berndt and Burton Hollifield |
1.2.2010 | Timo Korkeamäki | Hanken School of Economics | Institutional investors and foreign exchange risk, joint with Danielle Xu |
25.1.2010 | Matti Suominen | Aalto University | Short term reversals, returns to liquidity provision and the costs of immediacy, joint with Kalle Rinne |
7.12.2009 | Ulrike Malmendier | University of California, Berkeley | Managerial beliefs and corporate financial policies, joint with Geoffrey Tate and Jon Yan |
30.11.2009 | Augustin Landier | Toulouse School of Economics | The taxpayer burden of bank restructurings |
16.11.2009 | David T. Robinson | Duke University, Fuqua School of Business | The Capital Structure Decisions of New Firms, joint with Alicia M. Robb |
9.11.2009 | Øyvind Norli | Norwegian School of Management | Liquidity and shareholder activism, joint with Charlotte Ostergaard and Ibolya Schindele |
2.11.2009 | Darius Miller | Southern Methodist University | Do country level investor protections impact security level contract design? Evidence from foreign bond covenants, joint with Natalia Reisel |
26.10.2009 | Noah Stoffman | Kelley School of Business, Indiana University | Who trades with whom? Individuals, institutions, and returns |
5.10.2009 | Jon Danielsson | London School of Economics | Risk appetite and endogenous risk, joint with Hyun Song Shin and Jean-Pierre Zigrand |
28.9.2009 | Albert “Pete” Kyle | University of Maryland | Market microstructure invariants, joint with Anna Obizhaeva |
21.9.2009 | Belén Villalonga | Harvard Business School | Family Control of Firms and Industries, joint with Raphael Amit |
14.9.2009 | Matti Keloharju | Helsinki School of Economics | Shareholders as customers: Evidence from brand-level microdata, joint with Samuli Knüpfer and Juhani Linnainmaa |
7.9.2009 | Robert Kosowski | Imperial College | Hedge fund predictability under the magnifying glass: Forecasting individual fund returns using multiple predictors, joint with Doron Avramov and Laurent Barras |
24.8.2009 | Harrison Hong | Princeton University | Red and blue investing: Values and finance, joint with Leonard Kostovetsky |
3.6.2009 | Viral Acharya | Stern School of Business, New York University | Regulating systemic risk |
25.5.2009 | Antti Petäjistö | Yale School of Management | Should benchmark indices have alpha? Revisiting Performance Evaluation, joint with Martijn Cremers and Eric Zitzewitz |
18.5.2009 | Marko Terviö | University of California, Berkeley | Exit options and dividend policy under liquidity constraints, joint with Pauli Murto |
11.5.2009 | Harald Hau | INSEAD | Global versus local asset pricing: Evidence from arbitrage of the MSCI index change |
4.5.2009 | Catherine Casamatta | University of Toulouse 1 | Fund managers’ contracts and short-termism, joint with Sébastien Pouget |
27.4.2009 | Ludovic Phalippou | University of Amsterdam | Private equity investments: Performance and diseconomies of scale, joint with Florencio Lopez-de-Silanes and Oliver Gottschalg |
20.4.2009 | David Reeb | Temple University | Family Preferences and Investment Policy: Evidence from Capital Expenditures and R&D Spending, joint with Ronald Anderson and Augustine Duru |
6.4.2009 | Ulrich 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 |
30.3.2009 | Peter Christoffersen | McGill University | Exploring Time-Varying Jump Intensities: Evidence from S&P500 Returns and Options, joint with Kris Jacobs and Chayawat Ornthanalai |
23.3.2009 | Yrjö Koskinen | Boston University | The euro and corporate financing, joint with Arturo Bris and Mattias Nilsson |
16.3.2009 | Jacques Olivier | HEC School of Management | Time varying incentives in the mutual fund industry, joint with Anthony Tay |
9.3.2009 | Matti Keloharju | Helsinki School of Economics | Do smart investors outperform dumb investors?, joint with Mark Grinblatt and Juhani Linnainmaa |
2.3.2009 | Amit Goyal | Goizueta Business School, Emory University | Performance and persistence in institutional investment management, joint with Jeffrey Busse and Sunil Wahal |
23.2.2009 | James 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 |
9.2.2009 | Antonio Guarino | University College London | No-trade in the laboratory, joint with Marco Angrisani, Steffen Huck, and Nathan Larson |
2.2.2009 | Avanidhar Subrahmanyam | UCLA Anderson School of Management | Options trading activity and firm valuation, joint with Richard Roll and Eduardo Schwartz |
15.12.2008 | Stefano DellaVigna | University of California, Berkeley | Capital budgeting vs. market timing: An evaluation using demographics, joint with Joshua Pollet |
01.12.2008 | Annette 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 |
24.11.2008 | Rui Albuquerque | Boston University | Advance information and asset prices, joint with Jianjun Miao |
17.11.2008 | Petri Jylhä | Helsinki School of Economics | Arbitrage capital and currency carry trade returns, joint with Jussi-Pekka Lyytinen and Matti Suominen |
10.11.2008 | William J. Wilhelm, Jr. | University of Virginia – McIntire School of Commerce | Individual and Institutional Reputation, joint with Zhaohui Chen and Alan Morrison |
03.11.2008 | Ingrid Werner | Ohio State University | When constraints bind, joint with Karl B. Diether |
27.10.2008 | Kalok Chan | The Hong Kong University of Science and Technology | Stock price synchronicity and liquidity, joint with Allaudeen Hameed and Wenjin Kang |
20.10.2008 | Peter Nyberg | Hanken School of Economics and GSF | The dynamic behavior of the idiosyncratic volatility discount: Aggregate idiosyncratic volatility and return reversals revisited |
06.10.2008 | Bent 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 |
01.10.2008 | Jeff Pontiff | Boston College | Hierarchies or markets? The survival of POWs during WWII, joint with Clifford Holderness |
29.09.2008 | Stefan Nagel | Stanford University | Depression babies: Do macroeconomic experiences affect risk-taking?, joint with Ulrike Malmendier |
22.09.2008 | Florencio López-de-Silanes | EDHEC Business School | Transparency and accountability, joint with Simeon Djankov, Rafael LaPorta, and Andrei Shleifer |
15.09.2008 | Lauren H. Cohen | Harvard Business School | Hiring cheerleaders: Board appointments of independent directors, joint with Andrea Frazzini and Christopher Malloy |
08.09.2008 | Mark Flannery | University of Florida | Financing major investments: Information about capital structure decisions, joint with Ralf Elsas and Jon A. Garfinkel |
16.06.2008 | David Yermack | NYU Stern School of Business | Deduction ad absurdum: CEOs donating their own stock to their own family foundations |
09.06.2008 | William L. Megginson | University of Oklahoma | Arranger certification in project finance, joint with Stefano Gatti, Stefanie Kleimeier, and Alessandro Steffanoni |
06.06.2008 | Chris Leach | University of Colorado at Boulder | Relative gasoline prices: Octanes and arbitrage, joint with Frederic P. Sterbenz and Russ Wermers |
26.05.2008 | Scott Duellman | Binghamton University | Auditor competition and auditor independence: The quality of financial statements, joint with David G. Harris |
12.05.2008 | Bo Becker | University of Illinois at Urbana-Champaign | Reputation and competition: Evidence from the credit rating industry, joint with Todd Milbourn |
05.05.2008 | Jay Ritter | University of Florida | The marketing of seasoned equity offerings, joint with Xiaohui Gao |
28.04.2008 | Nicolae 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 |
21.04.2008 | Raghavendra Rau | Krannert Graduate School of Management, Purdue University | Is there life after the end of analyst coverage?, joint with Ajay Khorana and Simona Mola |
14.04.2008 | Morten Bennedsen | Copenhagen Business School | Do CEOs matter?, joint with Francisco Pérez-González and Daniel Wolfenzon |
07.04.2008 | Samuli Knüpfer | Helsinki School of Economics | Do investors learn from their neighbors’ stock market experience?, joint with Markku Kaustia |
10.03.2008 | Tim Jenkinson | Saïd Business School, Oxford University | Do investors value high levels of regulation?, joint with Tarun Ramadorai |
07.03.2008 | Massimo Massa | INSEAD | The role of debt imbalance on stocks and bonds, joint with Lei Zhang |
03.03.2008 | Peter 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 |
25.02.2008 | Vesa Puttonen | Helsinki School of Economics | Stock characteristics and financial advisers’ labile preferences, joint with Markku Kaustia and Heidi Laukkanen |
11.02.2008 | Avanidhar Subrahmanyam | UCLA Anderson School of Management | The term structure of bond market liquidity, joint with Ruslan Goyenko and Andrey Ukhov |
04.02.2008 | Anders 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 |
28.01.2008 | Laurent Calvet | Imperial College London and HEC-Paris | Fight or flight? Portfolio rebalancing by individual investors, joint with John Y. Campbell and Paolo Sodini |
21.01.2008 | Nuno Fernandes | Universidade Catolica Portuguesa | The evolution of earnings management and firm valuation: A cross-country analysis, joint with Miguel A. Ferreira |
14.01.2008 | Alexander Wagner | University of Zurich | The executive turnover risk premium, joint with Florian S. Peters |
03.12.2007 | Timo Korkeamäki | Gonzaga University, School of Business Administration | The effects of the euro on interest rate sensitivity |
26.11.2007 | Matti Suominen | Helsinki School of Economics | Value uncertainty, price impact and the choice of the equity issuing method, joint with Kalle Rinne |
19.11.2007 | Tommi A. Vuorenmaa | University of Helsinki, RUESG and HECER | Decimalization, realized volatility, and market microstructure noise |
12.11.2007 | Esa Jokivuolle | Bank of Finland | Portfolio effects and efficiency of lending under Basel II, joint with Timo Vesala |
05.11.2007 | Javier Estrada | IESE Business School | Fundamental indexation and international diversification |
29.10.2007 | Jeffrey Wurgler | NYU Stern | Comovement and copredictability of bonds and the cross-section of stocks, joint with Malcolm Baker |
22.10.2007 | Martin Ruckes | University of Karlsruhe | A dynamic analysis of growth via acquisition, joint with Worawat Margsiri and Antonio S. Mello |
08.10.2007 | Ernst Maug | University of Mannheim | Why votes have a value, joint with Ingolf Dittman, Dorothea Kübler, and Lydia Mechtenberg |
01.10.2007 | Christopher Polk | London School of Economics | Growth or glamour? Fundamentals and systematic risk in stock returns, joint with John Y. Campbell and Tuomo Vuolteenaho |
24.09.2007 | Kjell 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 |
17.09.2007 | Joni Kokkonen | Helsinki School of Economics | International asset allocation under generalized disappointment aversion and markov switching |
10.09.2007 | Malcolm Baker | Harvard Business School | Catering through nominal share prices |
03.09.2007 | B. Espen Eckbo | Tuck School of Business at Dartmouth Hanover | Automatic bankruptcy auctions and fire-sales, joint with Karin S. Thorburn |
20.08.2007 | Vidhan Goya | HKUST Business School | Corporate leverage: How much do managers really matter? |
28.05.2007 | Denis Gromb | London Business School | Financially Constrained Arbitrage and Cross-Market Contagion, joint with Dimitri Vayanos |
21.05.2007 | Richard 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 |
16.05.2007 | Mike Burkart | Stockholm School of Economics | Security-Voting Structure and Bidder Screening, joint with Christian At and Samuel Lee |
14.05.2007 | Sergei Guriev | New Economic School, Moscow | Imperfect competition in financial markets and capital structure, joint with Dmitriy Kvasov |
07.05.2007 | Ron 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 |
16.04.2007 | Per 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 |
02.04.2007 | Steven Ongena | CentER-Tilburg University | Time for a Change: Loan Conditions and Bank Behavior When Firms Switch, co-authored with Vasso Ioannidou |
27.03.2007 | Sheraz Ahmed | Swedish School of Economics and Business Administration | Ownership Structure and Earnings Management in Russian Listed Companies |
26.03.2007 | Darius Palia | Rutgers Business School | Does Better Corporate Governance Cause Better Firm Performance? co-authored with N.K. Chidambaran and Yudan Zheng |
19.03.2007 | Dimitri Vayanos | London School of Economics | A Preferred-Habitat Model of the Term Structure of Interest Rates, co-authored with Jean-Luc Vila |
12.03.2007 | Yrjö Koskinen | Boston University, School of Management | Market Conditions and Venture Capitalist Experience in Start-up Financing, co-authored with Michael Rebello and Jun Wang |
05.03.2007 | Juha Joenväärä | University of Oulu and GSF | Enhanced Hedge Fund Indexation with Parametric Weights |
26.02.2007 | Katja Ahoniemi | Helsinki School of Economics and FDPE | Multiplicative Models for Implied Volatility |
19.02.2007 | Samuli Knüpfer | Helsinki School of Economics | Community Spirit and Home Bias |
12.02.2007 | Peter Nyberg | Swedish School of Economics and Business Administration and GSF | Volatility risk premium, risk aversion and the cross-section of stock returns |
05.02.2007 | Benjamin 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 |
29.01.2007 | Markku Kaustia | Helsinki School of Economics | Mood variables and trading behavior |
22.01.2007 | Arnoud W.A.Boot | University of Amsterdam | Competition and Entry in Banking: Implications for Capital Regulation, joint with Matej Marin |
11.12.2006 | Tuomas Takalo | Bank of Finland | Entrepreneurship, Financiership, and Selection, joint with Otto Toivanen |
13.11.2006 | Annika Sandström | Swedish School of Economics and Business Administration | Firm default probability and political risk – exploring export credits to high-risk countries |
30.10.2006 | Stefano Rossi | Stockholm School of Economics | Optimal Resolutions of Financial Distress by Contract joint with Nicola Gennaioli |
23.10.2006 | Eva Liljeblom | Swedish School of Economics and Business Administration | Owners’ way or the highway: Short-term expectations and owner impatience, koint with Mika Vaihekoski |
16.10.2006 | Markku Lanne | University of Jyväskylä | Forecasting realized volatility by decomposition |
09.10.2006 | Anete Pajuste | RTU Riga Business School | Determinants and consequences of the unification of dual-class shares |
02.10.2006 | Benjamin Maury | Swedish School of Economics and Business Administration | Oligarchs, institutional change, and firm valuation: Russian evidence, joint with Eva Liljeblom |
25.09.2006 | Peter 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 |
18.09.2006 | Valeri Voev | University of Konstanz | Panel Intensity Models with Latent Factors, joint with Igmar Nolte |
11.09.2006 | Paolo Volpin | London Business School | Lobbying on Entry, joint with Enrico Perotti |
22.05.2006 | Eirik Kristiansen | NHH, Bergen | Communication of Soft Information to Investors: Credibility and Reputation, joint with Jay Pil Choi and Jae Nahm |
18.05.2006 | Antti Petäjistö | Yale School of Management | Active and Passive Positions by Mutual Funds, joint with Martijn Cremers |
15.05.2006 | Arto Thurlin | Swedish School of Economics and Business Administration | Price discovery for European and U.S. cross-listed stocks |
08.05.2006 | Markku Kaustia | Helsinki School of Economics | Ownership society? Evidence on Investors as Voters, joint with Sami Torstila |
24.04.2006 | Timo Vesala | Bank of Finland | Adverse selection, differentiation and customer poaching in bank lending, joint with Ville Mälkönen |
03.04.2006 | Ian Marsh | Cass Business School | Bank behaviour with access to credit derivatives markets, joint with B. Goderis, J. Vall Castello and W. Wagner |
27.03.2006 | Yossi Spiegel | Tel Aviv University | Partial cross ownership and tacit collusion, joint with David Gilo and Yossi Moshe |
20.03.2006 | Vesa Kanniainen | University of Helsinki | Corporate Social Resposibility: Can Markets Control?, joint with Elise Pietarila |
13.03.2006 | Huang Chunyang | Helsinki School of Economics | Related-Party Transactions Following Reverse Mergers on the Shenzhen Security Exchange |
06.03.2006 | Magnus Dahlquist | Stockholm School of Economics | Direct Evidence on Dividend Tax Clienteles |
27.02.2006 | Alexei Goriaev | New Economic School | Is Political Risk Company-Specific?The Market Side of the Yukos Affair, joint with Konstantin Sonin |
20.02.2006 | Mariassunta Giannetti | Stockholm School of Economics & SITE | Serial CEOs’ Incentives and the Shape of Managerial Contracts |
13.02.2006 | Paolo Volpin | London Business School | Shareholder Protection, Stock Market Development, and Politics, joint with Marco Pagano |
06.02.2006 | Gilles Hilary | Hong Kong University of Science and Technology | Labor Strength and Informational Asymmetry in Financial Markets |
30.01.2006 | Sami Vähämaa | University of Vaasa | Central Bank Interventions and Implied Exchange Rate Correlations |
23.01.2006 | Annalisa Luporini | University of Florence | Ownership Concentration, Monitoring and Optimal Board Structure joint with Clara Graziano |
16.01.2006 | Petri Kyröläinen | University of Oulu | Does day trading affect stockprice volatility? |
12.12.2005 | Markku Kaustia | Helsinki School of Economics | Do investors learn from personal experience?, joint with Samuli Knüpfer |
28.11.2005 | Jan Hanousek | CERGE-EI | Rent Extraction by Large Shareholders – Evidence Using Dividend Policy in the Czech Republic |
21.11.2005 | Erkki Nikoskelainen | Swedish School of Economics and Business Administration and GSF | LBO valuation and the pricing difference between financial and strategic acquirers |
14.11.2005 | Atso Andersen | LTT-Research | Pricing of Stock Exchange Trading – The Role of Network Externalities |
07.11.2005 | Martin Holmén | Uppsala University | Family Ownership and the Cost of Under Diversification, joint with Richard Heaney |
31.10.2005 | Esko Valkeila | Helsinki University of Technology | Asymmetric information in pricing models |
24.10.2005 | Tom Berglund | Swedish School of Economics and Business Administration | Foreign investors’ reactions to profitability changes, joint with Joakim Westerholm |
17.10.2005 | Mika Vaihekoski | Lappeenranta University of Technology | What is appropriate wage discount for tenure? |
10.10.2005 | Claus Munk | University of Southern Denmark | Dynamic Asset Allocation with Stochastic Income and Interest Rates, joint with Carsten Sørensen |
03.10.2005 | Jozsef Molnar | University of Toulouse | Preemptive Horizontal Mergers. Theory and Evidence |
26.09.2005 | David Yermack | NYU, Stern School of Business | Pay Me Later: Inside Debt and Its Role in Managerial Compensation joint with Rangarajan K. Sundaram |
19.09.2005 | Elias Rantapuska | Helsinki School of Economics and GSF | Taking up or taken in? Irrational behavior in rights issues |
12.09.2005 | Mike Burkart | Stockholm School of Economics, CEPR, FMG and ECGI | Minority Blocks and Takeover Premia, joint with Denis Gromb and Fausto Panunzi |
23.05.2005 | Stavros Panageas | Wharton, University of Pennsylvania | Saving and Investing for Early Retirement: A Theoretical Analysis |
16.05.2005 | David Stolin | Toulouse Business School | Which money is smart? Mutual fund buys and sells of individual and institutional investors |
09.05.2005 | Samuli Knüpfer | Helsinki School of Economics | Distribution channels and IPO participation |
02.05.2005 | Kristian Rydqvist | Binghampton University | Do Shareholders Vote Strategically? Evidence on the Advisory Role of Annual General Meetings |
25.04.2005 | Martin Weber | University of Mannheim | Stock Options and Employee Behavior |
18.04.2005 | Matti Suominen | Helsinki School of Economics | Does Bad Corporate Governance Lead to Too Little Competition? |
11.04.2005 | Juhani Linnainmaa | UCLA, Anderson School of Management | Rationally Irrational? Learning and Short-Sale Restrictions in Dynamic Portfolio Decisions |
04.04.2005 | Harri Toivonen | Helsinki School of Economics | Pricing Quanto Commodity Swaptions |
21.03.2005 | Daniel Ferreira | SITE, Stockholm School of Economics | Ownership Structure and the Market for Corporate Control |
14.03.2005 | Paul Sengmuller | De Nederlandsche Bank and University of Amsterdam | Comovement and Returns |
07.03.2005 | Panu Kalmi | Helsinki School of Economics | On the Relationship Between Stock Option Compensation and Equity Values |
28.02.2005 | Elias Rantapuska | Helsinki School of Economics | Consume dividends and never touch the capital―unless somebody else touches first |
23.02.2005 | Joakim Westerholm | University of Sydney | The Impact of Architectural Features on Global Equity Market Performance: Why Opacity is Harmful for Trading Success |
21.02.2005 | Mika Vaihekoski | Lappeenranta University of Technology | International Asset Pricing Models and Currency Risk: Evidence from Finland 1970-2004 |
14.02.2005 | Jouko Ylä-Liedenpohja | University of Tampere | The Start-Up and Growth Stages in Enterprise Formation: The New View of Dividend Taxation Reconsidered |
31.01.2005 | Tuomas Takalo | Bank of Finland and University of Toulouse | Financial Effects of Investor Protection Reforms in Finland |
24.01.2005 | Petra Thoren | Swedish School of Economics and Business Administration | Share price reaction to board changes |
17.01.2005 | Bernt Arne Odegaard | Norwegian School of Management | Ownership duration, monitoring quality, and myopic firms |
13.12.2004 | Markku Maula | Helsinki University of Technology | What drives micro-angel investments? An examination of the determinants of family and non-family investments |
29.11.2004 | Vesa Puttonen | Helsinki School of Economics | Innovative mutual fund pricing |
15.11.2004 | Helena Holopainen | University of Helsinki | Biased owners and the choice of business strategy |
08.11.2004 | Ari Hyytinen | ETLA | Mandatory auditor choice and small firm finance: Evidence from Finland |
01.11.2004 | Erkki Nikoskelainen | Swedish School of Economics and Business Administration | The impact of corporate governance mechanisms on equity return in leveraged buyouts |
25.10.2004 | Renee Adams | Stockholm School of Economics | Do directors perform for pay? |
18.10.2004 | Huang Chunyang | Helsinki School of Economics | The separation of ownership and control in the Chinese stock markets |
11.10.2004 | Elias Rantapuska | Helsinki School of Economics | Ex-dividend day training: who, how, and why? |
06.10.2004 | Paolo Fulghieri | University of North Carolina | Size and focus of venture capital portfolios |
27.09.2004 | Peter Bossaerts | Caltech | Paradox of asset pricing |
20.09.2004 | Ville Mälkönen | Bank of Finland | Financial conglomeration and its impact on market efficiency and capital regulation |