Guest Seminar 2010-2019

Browse the archives below to find information and working papers from past guest seminars hosted by the department of finance.

09/07/2018

Emil Verner, MIT

"Household Debt Revaluation and the Real Economy: Evidence from a Foreign Currency Debt Crisis"

09/14/2018

Sheridan Titman, University of Texas

"Urban Vibrancy and Firm Value Creation"

09/21/2018

Andrea Eisfeldt, UCLA

"Human Capitalists"

09/28/2018

Leonid Kogan, MIT

"Technological Innovation and the Distribution of Labor Income Growth"

10/19/2018

Gilles Chemla, Imperial College

"Equilibrium Counterfactuals: Counterfactuals:  Joint Estimation and Control in Structural Models"

11/30/2018

Jaroslav Borovicka, NYU

"Risk Premia and Unemployment Fluctuations"

01/25/2019

Elisabeth Kempf, Harvard Busines School

"Partisan Professionals: Evidence from Credit Rating Analysts"

02/08/2019

Adrien Verdelhan, MIT

"The Term Structure of Currency Carry Trade Risk Premia"

02/15/2019

Jonathan Zinman, Dartmouth College

"We are all behavioral, more or less: Measuring and using consumer-level behavioral sufficient statistics"

02/22/2019

Victoria Ivashina, Harvard Business School

"Weak Credit Covenants"

03/01/2019

Andres Liberman

"Evidence from Consumer Credit Markets"

03/08/2019

Antony DeFusco, University of Wisconsin-Madison

"Regulating Household Leverage"

03/29/2019

Nick Bloom, Stanford University

"What Triggers Stock Market Jumps?"

04/05/2019

Carolin Pflueger, University of Chicago

"Macroeconomic Drivers of Bond and Equity Risks"

04/19/2019

Adofo De Motta, McGill University

"Risk-Taking and Coordination Failures"

04/26/2019

Jonathan Berk, Stanford University

"Regulation of Charlatans in High-Skill Professions"

 

09/07/2017

Martin Schmalz, University of Michigan

"Why) do central banks care about their profits?"

09/22/2017

Jianjun Miao, Boston University

" Asset Bubbles and Monetary Policy"

09/29/2017

Nina Boyarchenko, Federal Reserve Bank of New York

"Taking Orders and Taking Notes: Dealer Information Sharing in Financial Markets"

11/03/2017

Ron Kaniel, University of Rochester

"Relative Pay for Non-Relative Performance: Keeping up with the Joneses with Optimal Contracts"

11/17/2017

Giorgia Piacentino, Columbia University

"Money Runs"

03/23/2018

Urban Jermann, University of Pennsylvania

"Negative Swap Spreads and Limited Arbitrage"

03/30/2018

Toni Whited, University of Michigan

"Information Distortion, R&D, and Growth"

04/06/2018

Owen Zidar, Princeton University

"Who Profits from Patents? Rent-sharing at Innovative Firms"

04/13/2018

Ramana Nanda, Harvard

"House Money and Entrepreneurship"

04/20/2018

Kelly Shue, Yale

"Leverage-Induced Fire Sales and Stock Market Crashes"

 

09/16/2016

 Xiaoyun Yu, Indiana

 "Transporting Transparency: Director Foreign Experience and Corporate Information Environment"

10/07/2016Nobu Kiyotaki, Princeton "The Great Escape?  A Quantitative Evaluation of the Fed's Liquidity Facilities"
11/11/2016

Ohad Kadan, Washington

Estimating the Value of Information

11/18/2016

Nicolas Crouzet, Northwestern

"Default, Debt Maturity and Investment Dynamics"

12/09/2016

David Sraer, Berkeley

"Aggregating Well-Identified Estimates of Capital Constraints"

03/10/2017

David Yermack, NYU

"Ambiguity and The Trade-Off Theory of Capital Structure"

03/31/2017

Stijn Van Nieuwerburgh, NYU

"A Macroeconomic Model with Financially Constrained Producers and Intermediaries"

04/07/2017

Brent Neiman, Chicago

"Unpacking Global Capital Flows: A Micro-Data Approach to Macro Facts"

04/14/2017

Manuel Adelino, Duke

"Are Lemons Sold First? Dynamic Signaling in the Mortgage Market"

04/28/2017

Stefano Giglio, Chicago

"Inference on Risk Premia in the Presence of Omitted Factors"

05/05/2017

Lorenzo Garlappi, UBC

"The Carry Trade and Uncovered Interest Parity when Markets are Incomplete"

 

09/18/2015

Edward Prescott, Arizona State University

"Equilibrium with Mutual Organizations in Adverse Selection Economies"

10/02/2015

Christopher Polk, London School of Economics

"A Tug of War: Overnight Versus Intraday Expected Returns"

10/09/2015

Seth Pruitt, Arizona State University

"Estimating Market Risk Factors Incorporating Stock Characteristics"

10/16/2015

Joan Farre-Mensa, Harvard Business School

"The Bright Side of Patents"

11/20/2015

Sriya Anbil, Federal Reserve

"Managing Stigma During a Financial Crisis"

12/11/2015

Marcus Opp, University of California Berkeley

"Macroprudential Bank Capital Regulation in a Competitive Financial System"

12/18/2015

Gian Luca Clementi, New York University, Stern School of Business

"Investment and The Cross–Section of Equity Returns"

03/25/2016

Itay Goldstein, University of Pennsylvania

"Commodity Financialization: Risk Sharing and Price Discovery in Commodity Futures Markets"

04/01/2016

Paige Ouimet, University of North Carolina

"Going Entrepreneurial? IPOs and New Firm Creation"

04/08/2016

Dimitri Vayanos, London School of Economics and Political Science

"Asset Management Contracts and Equilibrium Prices"

04/22/2016

Philipp Schnabl, New York University

"Asset Price Dynamics in Partially Segmented Markets"

05/06/2016

Hanno Lustig, Stanford

"National Income Accounting When Firms Insure Workers"

 

9/5/2014

Annette Vissing-Jorgensesn, University of California, Berkeley

"Stock Returns over the FOMC Cycle"

9/12/2014

Geoffrey Tate, University of North Carolina – Chapel Hill


Do Credit Analysts Matter? The Effect of Analysts on Ratings, Prices, and Corporate Decisions"

9/26/2014

Lucian Taylor, Wharton, University of Pennsylvania

"Intangible Capital and the Investment-q Relation"

10/3/2014

Howard Kung, London Business School

"Government Maturity Structure Shocks"

10/10/2014

Tyler Muir, Yale

"Financial Crises and Risk Premia"

10/17/2014

Jonathan Karpoff, University of Washington

"The Value of Foreign Bribery to Bribe Paying Firms"

10/31/2014

Liyan Yang, Rotman School of Management, University of Toronto

"Good Disclosure, Bad Disclosure"

11/7/2014

Shmuel Baruch,  The University of Utah

"Fleeting Orders"

11/14/2014

Barney Hartman-Glaser, University of California, Los Angeles

"Dynamic Agency and Real Options"

11/21/2014

Bill Wilhelm, University of Virginia

"Investment-Banking Relationships: 1933-2007"

3/27/2015

Andrew Ang, Columbia University

"Estimating Private Equity Returns from Limited Partner Cash Flows"

4/3/2015

Adriano Rampini, Duke University

"Household Risk Management"

4/17/2015

Guillermo Ordonez, University of Pennsylvania

"Debt Crises: For Whom the Bells Tolls"

5/1/2015

Lukas Schmid, Duke University

"Competition, Markups, and Predictable Returns"

 

9/6/13

Yuri Tserlukevich, Arizona State University

Idiosyncratic Cash Flows and Systematic Risk

9/13/13

Utpal Bhattacharya, Kelley School of Business, Indiana University

The Dark Side of ETFs and Index Funds

9/20/13

Dean Corbae, Wisconsin School of Business, University of Wisconsin

Capital Requirements in a Quantitative Model of Banking Industry Dynamics

9/27/13

Bryan Kelly, Booth School of Business, University of Chicago

"Firm Volatility in Granular Networks"

10/10/13Matteo Maggiori, Stern School of Business, NYU
11/15/13

Vito Gala, London School of Business

"Measuring Marginal q"

11/22/13

Alexander Gorbenko, London School of Business

"Means of Payment and Timing of Mergers and Acquisitions in a Dynamic Economy"

12/4/13

Peter DeMarzo, Stanford Business School

"Risking Other People's Money: Gambling, Limited Liability, and Optimal Incentives"

12/13/13

Adair Morse, Booth School of Business, University of Chicago

"Lawyers in the Executive Suite: The Value of Gatekeepers as Internal Governance"

3/28/14

Michael Roberts, Wharton School of Business, University of Pennsylvania

"How Does Government Debt Affect Corporate Financial and Investment Policies?"

4/4/14

Mark Leary, Olin Business School, Washington University in St. Louis

"Do Investors Value Dividend Smoothing Stocks Differently?"

4/18/14

Neng Wang, Columbia Business School

"Investment, Liquidity, and Financing under Uncertainty"

4/25/14

Igor Makarov, London Business School

"Arbitrage Trading with Marking-to-market and Price Impact"

5/2/14

Harrison Hong, Princeton

"Count Models of Social Networks in Finance"

 

9/14/12

Avri Ravid, Yeshiva University

"Intellectual Property Contracts: Theory and Evidence from Screenplay Sales"

9/21/12

Mike Weisbach, Ohio State

"Financing-Motivated Acquisitions"

10/05/12

Hamid Mohtadi, University of Wisconsin

"Does Transparency Reduce Financial Volatility?"

10/12/12

Rui Albuquerque, Boston University

"Understanding the Equity-premium and Correlation Puzzles"

10/19/12

David Frankel, Iowa State

"Securitization and Banking Competition"

11/16/12

Paolo Pasquariello, University of Michigan 

"Financial Market Dislocations"

11/30/12

Carola Frydman, Boston University 

"Economic Effects of Runs on Early 'Shadow Banks': Trust Companies and the Impact of the Panic of 1907"

1/11/13

Michael Gofman, University of Wisconsin-Madison

"Efficiency and Stability of a Financial Architecture with Too Interconnected To Fail Institutions"

3/08/13Konstantin Milbradt, Massachusetts Institute of Technology
3/29/13Vincenzo Quadrini, University of Southern California
4/10/13Kai Li, University of British Columbia
4/12/13Ian Martin, Stanford
4/19/13Charlie Hadlock, Michigan State
4/26/13Kent Daniel, Columbia University
5/3/13Jeff Brown, University of Illinois

 

9/9/11

Paola Sapienza, Northwestern University

"Time Varying Risk Aversion"

9/16/11

Andrew Hertzberg, Columbia University

"Exponentia Individuals, Hyperbolic Households"

9/23/11

David Backus, NYU

"Sources of Entropy in Representative Agent Models"

11/17/11

Raman Uppal, London Business School

"Asset Prices in General Equilibrium with Transactions Costs and Recursive Utility"

12/2/11

Arthur Korteweg, Stanford University

"Structural Models of Capital Structure: A Framework for Model Evaluation and Testing"

12/9/11

Sergei Davidenko, Rotman

"A Market-Based Study of the Cost of Default"

1/20/12

Andrey Malenko, MIT

"Optimal Design of Internal Capital Markets"

2/10/12

Lars Lochstoer, Columbia

"Parameter Learning in General Equilibrium: The Asset Pricing Implications"

2/24/12

Simon Gervais, Duke University

"The Industrial Organization of Money Management"

3/2/12

Annamaria Lusardi, Dartmouth University

"Financial Literacy Around the World"

3/23/12

Radha Gopalan, Washington University

"The Optimal Duration of Executive Compensation: Theory and Evidence"

3/30/12

Stefan Nagel, Stanford University

"Sizing Up Repo"

4/20/12

Ross Levine, Brown University

"Does Entrepreneurship Pay?"

 

9/10/10

Ivo Welch

"Why I do not Understand Capital Structure Research"

9/17/10

Jeffrey Wurgler

"The Effect of Reference Point Prices on Mergers and Acquisitions"

10/1/10

Richmond Mathews

"Doing Battle with Short Sellers: The Role of Blockholders in Bear Raids"

11/12/10

Scott Joslin

"Rare Disasters and Risk Sharing with Heterogeneous Beliefs"

11/19/10

Daniel Paravisini

"Dissecting the Effect of Credit Supply on Trade: Evidence from Matched Credit-Export Data"

12/10/10

Viral Acharya, NYU

"A Pyrrhic Victory? Bank Bailouts and Sovereign Credit Risk"

2/16/11

Florian Heider

"Risk-sharing or risk-taking? Hedging, margins and incentives"

2/25/11

Han Ozsoylev

"Asset Pricing in Large Information Networks"

4/8/11

Effi Bemelech

"The Adjustment of Labor and Capital to Financial Constraints"

4/15/11

Bruce Carlin

"Competition and Transparency in Financial Markets"

4/22/11

Ralph Koijen

"Equity Yields"

5/6/11

Phillip Illeditsch

"Beliefs about Inflation and the Term Structure of Interest Rates"

 

10/9/09

Sumit Agarwal, Federal Reserve Bank of Chicago

Do Financial Counseling Mandates Improve Mortgage Choice and Performance? Evidence from a Legislative Experiment

10/9/09

Murray Carlson, University of British Columbia

"SEO Risk Dynamics"

10/16/09

Paul Vaaler, Carlson School of Management

"Legal System and Rule of Law Effects on US Cross-Listing to Bond by Emerging Market Firms"

10/30/09

Nicolae Gârleanu, University of California, Berkeley

"Margin-Based Asset Pricing and Deviations from the Law of One Price"

11/13/09Sergey Tsyplakov, The University of South Carolina
11/20/09

Mikhail Chernov, London Business School

"Disasters Implied by Equity Index Options"

12/4/09

Terrance Odean, University of California, Berkeley

"Once Burned, Twice Shy: How Pride and Regret Affect the Repurchase of Stocks Previously Sold"

12/11/09

Henrik Cronqvist, Claremont McKenna College

"Nature or Nurture: What Determines Investor Behavior?"

3/26/10

Ravi Bansal, Duke University

"Temperature, Aggregate Risk, and Expected Returns"

4/2/10

Tom Noe, University of Oxford

"Shareholder Democracy and its Discontents: Outrage, Captured Boards, and the Veil of Ignorance"

4/9/10

Gustavo Manso, MIT

"Macroeconomic Risk and Debt Overhang"

4/16/10

Wei Xiong, Princeton University

"Financing Speculative Booms"

4/30/10

Patrick Bolton, Columbia

"A Unified Theory of Tobin’s q, Corporate Investment, Financing, and Risk Management"