Department of Finance

Fall
Dec. 15: BIGFI/Finance Seminar (Zoom) with Thomas Philippon (BIGFI), New York University, Stern School of Business: Designing Stress Scenarios

Dec. 4: Finance Seminar with Andrea Caggese, Barcelona School of Economics: Identifying Firm-Level Financial Frictions Using Theory-Informed Restrictions

Nov. 22: Finance Seminar with Elena Loutskina, Darden School of Business, University of Virginia: Labor Market Polarization and Student Debt

Nov. 17: Finance Seminar with Doron Levit, Foster School of Business, University of Washington: ESG: A Panacea for Market Power?

Nov. 10: BIGFI/Finance Seminar with Marcin Kacperczyk, Imperial College London: Carbon-Transition Risk and Net-Zero Portfolios

Oct. 27: Finance Seminar with Bernard Dumas, INSEAD: The Debt Capacity of a Government

Oct. 13: Finance Seminar with Jose-Luis Peydro, Imperial College London: Monetary Policy, Inflation, and Crises: Evidence from History and Administrative Data

Sep. 15: BIGFI/Finance Seminar with Christine Parlour, Haas School of Business: Miner Collusion and the BitCoin Protocol

Sep. 8: BIGFI/Finance Seminar with Nicolae Garleanu, Washington University in St. Louis: A Long and a Short Leg Make For a Wobbly Equilibrium

Spring
June 23: Finance Seminar with Filippo De Marco, Bocconi University: Lending to Overconfident Borrowers

June 16: Finance Seminar with Laura Starks, McCombs School of Business, University of Texas at Austin: Climate Regulatory Risks and Corporate Bonds

June 8: Finance Seminar with Brett Green, Olin Business School, Washington University in St. Louis: Digital Collateral

June 2: BIGFI/Finance Seminar with Christopher Tonetti, Stanford Graduate School of Business: Risky Insurance: Life-cycle Insurance Portfolio Choice with Incomplete Markets

May 26: BIGFI/Finance Seminar with Heather Tookes, Yale School of Management: Misconduct Synergies

Apr. 28: BIGFI/Finance Seminar with Ravi Bansal, Duke University: Identifying preference for early resolution from asset prices

Mar 31: BIGFI/Finance Seminar with Pietro Veronesi, University of Chicago, Booth School of Business: Self-image Bias and Lost Talent

Mar. 24: BIGFI/Finance Seminar with Ian Martin, London School of Economics: Debt and Deficits: Fiscal Analysis with Stationary Ratios

Mar. 17: Finance Seminar with Nicola Pavanini, Tilburg University: Leverage Regulation and Housing Inequality

Mar. 10: Finance Seminar with Josef Zechner, Wirtschaftsuniversität Wien: Stochastic Social Preferences and Corporate Investment

Mar. 3: BIGFI/Finance Seminar with Katharina Lewellen, Tuck School of Business: The ownership structure of U.S. corporations

Fall

Dec. 9: Finance Seminar with Lukas Schmid, USC Marshall School of Business: Credit Market Equivalents and the Valuation of Private Firms

Dec. 2: Finance Seminar with Anton Lines, Columbia Business School: What Drives Trading in Financial Markets? A Big Data Perspective

Nov. 25: Finance Seminar with Roni Michaely, HKU Business School: Mutual funds' strategic voting on environmental and social issues

Nov. 4: Finance Seminar with Michelle Lowry, LeBow College of Business, Drexel University: Regulatory Fragmentation

Oct. 28: Finance Seminar with Hongda Zhong, London School of Economics and Political Science: Market Structure of Intermediation

Oct. 21: Finance Seminar with Ralph De Haas, KU Leuven: Directed Lending and Female Entrepreneurs: Micro Evidence from Turkey

Oct. 7: Finance Seminar with Alberto Rossi, McDonough School of Business, Georgetown University: Selecting Mutual Funds from the Stocks They Hold: a Machine Learning Approach

Sep. 30: Finance Seminar with Karin Thorburn, NHH Norwegian School of Economics: Covenant removal in corporate bonds

Sep. 16: FRIC/Finance Seminar with Tobias Berg, Frankfurt School of Finance & Management: Leverage, Risk-Taking, and the Medium-Leverage Safety Trap

Sep. 9: FRIC/Finance Seminar with Jason Donaldson, Washington University in St. Louis: Sovereign Bond Restructuring: Commitment vs. Flexibility

Sep. 2: Finance Seminar with Vasso Ioannidou, Bayes Business School - City, University of London: Corporate Pension Risk-Taking in a Low-Interest Rate Environment

Spring

Jun. 24: Finance Seminar with Roman Kräussl, University of Luxembourg: Art as an Alternative Investment based on the paper Gendered Prices

Jun. 23: FI/Center for Statistics Seminar with Benjamin Christoffersen, Karolinska Institutet: Joint models with multiple longitudinal measurements and multiple time-to-event outcomes using variational approximations

Jun. 3: FRIC/Finance Seminar with Ilya Strebulaev, Standford University: The Economic Impact of Venture Capital: Evidence from Public Companies

May 20: Finance Seminar with Ingrid Werner, The Ohio State University, Fisher College of Business: Trading Fees and Intermarket Competition

May 18: FRIC/Finance Seminar with Shohini Kundu, UCLA Anderson School of Management: The Geography of Bank Deposits and the Origins of Aggregate Fluctuations

May 12: Finance Seminar with Selale Tuzel, USC Marshall, School of Business: Shattered Housing

Mar. 11: Finance Seminar with Dong Yan, Stockholm School of Economics: Credit Risk and the Life Cycle of Callable Bonds: Implications for Real Corporate Decisions

Fall

Nov. 19: Finance Seminar with Yigitcan Karabulut, Frankfurt School of Finance and Management: Wealth Inequality: Opportunity or Unfairness. 

Nov. 12: Finance Seminar with Gregory Buchak, Stanford Graduate School of Business: Competition and Scope in Banking: The Case of Corporate Credit Cards

Nov. 5: FRIC/Finance Seminar with Ken Singleton, Stanford Graduate School of Business: Presidential Address: How Much “Rationality” Is There in Bond-Market Risk Premiums?

Oct. 29: FRIC/Finance Seminar with Mariassunta Giannetti, Stockholm School of Economics: Bond Returns and the Trading of Large Mutual Funds

Oct. 1: FRIC/Finance Seminar with Adi Sunderam, Harvard Business School: Segmented Arbitrage

Sept. 10: FRIC/Finance Seminar with Sven Klingler, Norwegian Business School: Cash is not King, Evidence from the Commercial Paper Market

Sept. 3: Finance Seminar with Josh Lerner, Harvard Business School: Public Entrepreneurial Finance around the Globe 

Spring

Jun. 4: FRIC/Finance Seminar with Jules van Binsbergen, The Wharton School, University of Pennsylvania: Duration-Based Stock Valuation: Reassessing Stock Market Performance and Volatility

May 28: Finance Seminar with Dmitry Orlov, Wisconsin School of Business, University of Wisconsin-Madison: Intermediated Asymmetric Information, Compensation, and Career Prospects

May 19: FRIC/Finance Seminar with Philip Bond, Foster School of Business, University of Washington: Silence is safest: information disclosure when the audience’s preferences are uncertain 

Apr. 9: FRIC/Finance Seminar with Emil Verner, MIT Sloan School of Management: Credit Allocation and Macroeconomic Fluctuations

Mar. 26: FRIC/Finance Seminar with Adriano Rampini, Fuqua School of Business, Duke University: Collateral and Secured Debt

Mar. 19: Finance Seminar with Scott R. Baker, Kellogg School of Management: Measuring Customer Churn and Interconnectedness

Mar. 12: Finance Seminar with Clemens Sialm, McCombs School of Business, University of Texas at Austin: Currency Management by International Fixed Income Mutual Funds

Mar. 5: Finance Seminar with Nadya Malenko, Ross School of Business, University of Michigan: Corporate governance in the presence of active and passive delegated investment

Feb. 10: Finance Seminar with Lee Seltzer, University of Texas at Austin: The Effects of Leverage on Investments in Maintenance: Evidence from Apartments

Feb. 5: FRIC/Finance Seminar with Federico Gavazzoni, INSEAD: Concealed Carry

Feb. 3: FRIC/Finance Seminar with Paula Cocoma, INSEAD: Explaining the Realized Pre-Announcement Drift

Feb. 1: FRIC/Finance Seminar with Simon Rother, University of Bonn: The Role of Social Networks in Bank Lending

Jan. 27: Finance Seminar with Rustam Abuzov, University of Lausanne: The Impact of Venture Capital Screening

Jan. 25: Finance Seminar with Maxime Couvert, EPFL: What is the impact of mutual funds' ESG preferences on portfolio firms?

Jan. 20: Finance Seminar with Eyub Yegen, University of Toronto: Do institutional investors mitigate social costs of privatization? Evidence from prisons

Jan. 19: Finance Seminar with Rohit Allena, Emory University: Confident Risk Premia: Economics and Econometrics of Machine Learning Uncertainties

Jan. 18: Finance Seminar with Jinyuan Zhang, INSEAD: The Impact of Public Pension Deficits on Households' Investement and Economic Activity

Jan. 15: FRIC/Finance Seminar with Yue Yuan, London School of Economics: Competing with Security Design

Jan. 13: Finance Seminar with Anne Haubo Dyhrberg, University of Sydney: One Coin, Many Markets- How Market Frictions Affect Arbitrageurs

Jan. 11: Finance Seminar with Simona Risteska, London School of Economics: Learning from Past Prices: Evidence from the UK Housing Market

Fall

Dec. 11: FRIC/Finance Seminar with Christopher James, UF Warrington College of Business: Contracting Costs and Reputational Contracts

Nov. 20: FRIC/Finance Seminar with Lorenzo Bretscher, HEC Lausanne: Uncertainty trends

Nov. 13: Finance Seminar with Mariano M. Croce, Bocconi University: Uncertainty-Induced Reallocations and Growth 

Nov. 6: Statistics Seminar with Morten Ørregaard Nielsen, Queen's University: Testing for the appropriate level of clustering in linear regression models

Oct. 23: Finance Seminar with Laurent Frésard, University of Lugano: Does Big Data Improve Financial Forecasting? The Horizon Effect

Oct. 9: Finance Seminar with Nicola Limodio, Bocconi University: High-Speed Internet, Financial Technology and Banking

Oct. 2: FRIC/Finance Seminar with Mark Egan, Harvard Business School: Recovering Investor Expectations from Demand for Index Funds

Sept. 25: Finance Seminar with Lawrence Schmidt, MIT Sloan School of Management: Technological Innovation and Labor Income Risk

Sept. 18: Finance Seminar with Thomas Philippon, Stern School of Business, NYU: Optimal Mitigation Policies in a Pandemic: Social Distancing and Working from Home

Sept. 11: Finance Seminar with Carolin Pflueger, University of Chicago: Why Does the Fed Move Markets so Much? A Model of Monetary Policy and Time-Varying Risk Aversion

Sept. 4: Finance Seminar with Vincent Bogousslavsky, Boston College, Carroll School of Management: Should We Use Closing Prices? Institutional Price Pressure at the Close

Spring

Feb. 24: Finance Seminar with Andras Danis, Scheller College of Business, Georgia Institute of Technology: Dark Knights: The Rise in Firm Intervention by CDS Investors

Feb. 6: Finance Seminar with Ruslan Sverchkov, The Wharton School, University of Pennsylvania: Selling to Investor Network: Allocations in the Primary Corporate Bond Market

Feb. 5: Finance Seminar with Roxana Mihet, Stern School of Business, New York University: Who Benefits from Innovations in Financial Technology?

Feb. 3: Finance Seminar with Anastasia Girshina, Stockholm School of Economics: Wealth, Savings, and Returns over the Life Cycle: The Role of Education

Jan. 31: FRIC/Finance Seminar with Yingjie Qi, Stockholm School of Economics: Big Broad Banks: How Does Cross-Selling Affect Lending?

Jan. 29: FRIC/Finance Seminar with Paul Beaumont, Université Paris-Dauphine: Building a Customer Base under Liquidity Constraints

Jan. 27: FRIC/Finance Seminar with Stefan Voigt, Vienna University of Economics and Business: Arbitrage, Liquidity and Price Informativeness

Jan. 24: Finance Seminar with Dyaran Bansraj, Erasmus University Rotterdam: How Does Private Equity Ownership Affect Acquisition Performance?

Jan. 22: FRIC/Finance Seminar with Elisa Pazaj, Cass Business School: The Value-Momentum Correlation: An Investment Explanation

Jan. 20: Finance Seminar with Fatima Filali Adib, INSEAD: Passive Aggressive: How Index Funds Vote on Corporate Governance Proposals

Jan. 17: Finance Seminar with Pekka Honkanen, HEC Paris: Securities Lending and Trading by Active and Passive Funds

Jan. 9: Finance Seminar with Kaveh Majlesi, Lund University: Stock Market Returns and Consumption

Fall

Nov. 22: FRIC/Finance Seminar with Andrey Malenko, Boston College, Carroll School of Management: Asymmetric Information and Security Design under Knightian Uncertainty

Nov. 15: Finance Seminar with Camelia M. Kuhnen, UNC Kenan-Flagler Business School: Expectations Uncertainty and Household Economic Behavior

Nov. 1: FRIC/Finance Seminar with Anthony A. DeFusco, Kellogg School of Management, Northwestern University: No Job, No Money, No Refi: Frictions to Refinancing in a Recession

Oct. 25: Finance Seminar with Rawley Heimer, Boston College, Carroll School of Management: Personal Wealth and Self-Employment

Oct. 11: Finance Seminar with Vyacheslav Fos, Boston College, Carroll School of Management: Gig-Labor: Trading Safety Nets for Steering Wheels

Sep. 27: Finance Seminar with Michael Halling, Stockholm School of Economics: Valuation ratios and shape predictability in the distribution of stock returns

Sep. 20: FRIC/Finance Seminar with Martin Oehmke, London School of Economics: A Theory of Socially Responsible Investment

Sep. 13: FRIC/Finance Seminar with Peter Van Tassel, Federal Reserve Bank of New York: The Law of One Price in Equity Volatility Markets

Sep. 6: FRIC/Finance Seminar with Lorena Keller, Northwestern University, Kellogg School of Management: Capital Controls and Risk Misallocation: Evidence from a Natural Experiment

Spring

Jun. 14: FRIC/Finance Seminar with Lorenzo Garlappi, University of British Columbia: The Term Structure of Credit Spreads with Dynamic Debt Issuance and Incomplete Information

May 10: Finance Seminar with Jeffrey Wurgler, NYU Stern: Financing the Response to Climate Change:  The Pricing and Ownership of U.S. Green Bonds

Apr. 26: Finance Seminar with Felipe Varas, Fuqua School of Business, Duke University: A Dynamic Theory of Learning and Relationship Lending

Apr. 12: Finance Seminar with Per Strömberg, Stockholm School of Economics: A Theory of Liquidity in Private Equity

Mar. 29: FRIC/Finance Seminar with Konstantin W. Milbradt, Kellogg School of Management, Northwestern University: Corporate Liquidity Management under Moral Hazard

Mar. 22: FRIC/Finance Seminar with Benjamin Golez, University of Notre Dame: Home-country media slant and equity prices

Mar. 15: FRIC/Finance Seminar with Bjorn Eraker, University of Wisconsin-Madison: The Price of Higher Order Catastrophe Insurance: The Case of VIX Options

Mar. 8: Finance Seminar with Farzad Saidi, Stockholm School of Economics: The Effects of Credit Supply on Wage Inequality between and within Firms

Mar. 5: FRIC Research Seminar with Nina Boyarchenko, Federal Reserve Bank of New York: Bank-Intermediated Arbitrage

Mar. 1: FRIC/Finance Seminar with Roberto Steri, HEC Lausanne, University of Lausanne: The Sources of Financing Constraints

Feb. 6: Finance Seminar with Peter Hoffmann, European Central Bank: Inventory Management, Dealers' Connections, and Prices in OTC Markets

Feb. 1: Finance Seminar with Petra Vokata, Aalto University: Engineering Lemons

Jan. 30: Finance Seminar with Ekaterina (Katya) Neretina, Tilburg University: Lobbying Externalities and Competition

Jan. 28: Finance Seminar with Willem van Vliet, University of Chicago: Blockchain structure and cryptocurrency prices

Jan. 25: FRIC/Finance Seminar with Peter Zimmerman, Saïd Business School, University of Oxford: Blockchain structure and cryptocurrency prices

Jan. 23: Finance Seminar with Peter Brok, Tilburg University: As Uncertain as Taxes

Jan. 18: FRIC/Finance Seminar with Giorgio Ottonello, Vienna Graduate School of Finance: The Impact of Benchmarking in Fixed Income Funds

Jan. 16: FRIC/Finance Seminar with Sebastian Doerr, University of Zurich: No Risk, No Growth: The Effects of Stress Testing on Entrepreneurship and Innovation

Jan. 14: Finance Seminar with Dmitry Kuvshinov, University of Bonn: The Time Varying Risk Puzzle

Fall

Nov. 30: Alfred Lehar, Haskayne School of Business, University of Calgary; Restructuring Failure and Optimal Capital Structure

Nov. 23: Georgy Chabakauri, London School of Economics; Collateral Requirements and Asset Prices

Nov. 16: Ashwini Agrawal, London School of Economics; Mergers & Acquisitions and Employee Job Search

Nov. 9: Brian Melzer, Tuck School of Business; Loan Contracting in the Presence of Usury Limits: Evidence from Automobile Lending

Nov. 2: Haoxiang Zhu, MIT Sloan School of Management; Swap Trading after Dodd-Frank: Evidence from Index CDS

Oct. 26: David Laibson, Harvard University; Borrowing to Save? The Impact of Automatic Enrollment on Debt

Oct. 5: Philip Strahan, Carroll School of Management, Boston College; Stress Tests and Small Business Lending

Sep. 28: Sebastian Gryglewicz, Erasmus University Rotterdam; Delegated Monitoring and Contracting

Aug. 13: Neeltje van Horen, Bank of England; Repo Market Functioning: The Role of Capital Regulation

Spring

Jun. 15: Rui Silva, London Business School; Bankruptcy, Team-specific Human Capital, and Productivity: Evidence from U.S. Inventors

Jun. 7: Magne Mogstad, University of Chicago; Earning Risk and the Returns to Schooling

Jun. 1: Ruediger Fahlenbrach, Ecole Polytechnique Fédérale de Lausanne; Capital gains taxation and inefficient block ownership

May 25: Johannes Stroebel, NYU Stern; House Price Beliefs And Mortgage Leverage Choice

May 18: Nils Friewald, Norwegian School of Economics; Over-the-Counter Market Frictions and Yield Spread Changes

May 4: Nicolas Serrano-Velarde, Bocconi University; Cheap Trade Credit and Competition in Downstream Markets

Apr. 13:  Jean-Edouard Colliard, HEC Paris; Financial Restructuring and Resolution of Banks

Mar. 23: Tobias J. Moskowitz, Yale School of Management: Yield Curve Premia

Mar. 13: Anil Kashyap, Chicago Booth: Optimal Bank Regulation: In the Presence of Credit and Run Risk

Feb. 19: Andrés Schneider, UCLA: Risk Sharing and the Term Structure of Interest Rates

Feb. 2: Yannick Timmer, Trinity College Dublin: Cyclical Investment Behavior across Financial Institution

Jan.  31: Yang (Gloria) YU, INSEAD: In This Time Different? Do Bank CEOs Learn from Crises?

Jan  29: Markus Ibert, Stockholm School of Economics: What Do Mutual Fund Managers' Private Portfolios Tell Us About Their Skills?

Jan. 22: Cara Vansteenkiste, Tilburg University: Two-Stage Acquisitions and Deal Premiums.

Jan. 19:Thomas Geelen, Ecole Polytechnique Fédérale de Lausanne: Information Dynamics and Debt Maturity

Jan. 16: Matteo Benetton, London School of Economics: Leverage Regulation and Market Structure: An Empirical Model of the UK Mortgage Market

Fall

Nov. 24: Finance Seminar with Marianne Andries, Toulouse School of Economics: Horizon-Dependent Risk Aversion and the Timing and Pricing of Uncertainty

Nov. 13: Finance Seminar with Espen Eckbo, Tuck School of Business at Dartmouth: Are Stock-Financed Takeovers Opportunistic?

Nov. 10: Charlotte Ostergaard, BI Norwegian Business School: Why Do Boards Exist? Governance Design in the Absence of Corporate Law

Nov. 3: Allen N. Berger, University of South Carolina: Economic Policy Uncertainty and Bank Liquidity Creation

Oct. 27: Wenxin Du, Federal Reserve Board of Governors: The dollar, bank leverage and the deviation from covered interest parity

Sep. 27: Andrea Buraschi, Imperial College London: Expected Term Structures

Sep. 22: Frédéric Malherbe, London Business School: A positive analysis of bank behaviour under capital requirements

Sep. 15: Guillaume Vuillemey, HEC Paris: The Failure of a Clearinghouse: Empirical Evidence

Sep. 8: Adrien Matray, Princeton University: Ripple Effects of Noise on Corporate Investment

Spring

Jun. 9: Marti Subrahmanyam, New York University: Credit default swaps around the world: Investment and financing effects

Jun. 1: Stavros Panageas, UCLA Anderson School of Management: Finance in a Time of Disruptive Growth

May 30: Ralph Koijen, NYU, Stern School of Business: The Fragility of Market Risk Insurance

May 18: Michael Weber, University of Chicago, Booth School of Business: Dissecting Characteristics Nonparametrically

May 9: Kathrin Schlafmann, Stockholm University: Overpersistence bias in individual income expectations and its aggregate implecations.pdf

May 5: Ulf Axelson, London School of Economics: Sequential Credit Markets

Apr. 7: Fabrice Tourre, University of Chicago: A Macro-Finance Approach to Sovereign Debt Spreads and Returns

Mar. 31: Markku Kaustia, Aalto University School of Business: Optimism and Skill in the Finance Industry

Mar. 17: Olivier Darmouni, Columbia Business School: Estimating Informational Frictions in Sticky Relationships

Mar. 10: Vasso Ioannidou, Lancaster University: Do Central Banks try to Avoid Losses? Why? And Does it Matter for Policy?

Mar. 3: Valentin Haddad, UCLA Anderson School of Management: Asset Insulators

Feb. 20: Ekaterina Volkova, Cornell University: Blockholders Diversity and Company Value

Feb. 6: Fatemeh Hosseini , Stockholm School of Economics: Family Wealth and Entrepreneurship

Feb. 1: Guillaume Roussellet, NYU Stern School of Business: Affine Term Structure Modeling and Macroeconomic Risks at the Zero Lower Bound

Jan. 27: Marco Ghitti, Bocconi University: Great Expectations” or “Side Effects”? Bankruptcy Law Reforms and Bank Credit for SMEs

Jan. 25: Andrew Hertzberg, Columbia University: Time-Consistent Individuals, Time-Inconsistent Households

Jan. 23: Alain Cohn, University of Chicago Booth School of Business: The Honest Citizen: Evidence from Nationwide Field Experiments

Jan. 20: Wenqian Huang, Vrije Universiteit Amsterdam: Central Counterparty Capitalization and Misaligned Incentives

Jan. 18: Simas Kucinskas, Vrije Universiteit Amsterdam: The Importance of Being Prudent: Dividends, Signaling and Risk Shifting

Jan. 13: Daniel Streitz, E.CA Economics: Managerial Biases and Debt Contract Design: The Case of Syndicated Loans

Fall

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Spring

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Fall

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

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

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

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

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

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

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

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

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

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

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

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

Spring

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Fall

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

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

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

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

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

Nov. 14: Mariassunta Giannetti, Stockholm School of Economics

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

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

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

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

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

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

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

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

Spring

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

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

Jun. 1: Kevin Murphy, USC

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

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

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

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

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

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

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

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

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

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

Feb. 9: Maik Schemling, Leibniz Universität Hannover

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

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

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

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

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

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

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

Fall

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

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

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

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

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

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

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

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

Oct. 28: Henrik Cronqvist, Claremont McKenna College

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

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

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

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

Spring

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

May 13: Adrien Verdelhan, MIT: Sovereign Risk Premia

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

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

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

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

Mar. 11: Phillipe Muelller, London School of Economics

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

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

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

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

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

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

Jan. 31: Rahmin Baghai, London Business School

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

Fall

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

Nov. 19: Avner Kalay, University of Utah

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

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

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

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

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

Spring

June 4: Gordon Phillips, University of Maryland: Product Market Synergies and Competition in Mergers and Acquisitions: A Text Based AnalysisJune 11: Holger Kraft, Goethe-University Frankfurt: Cash Flow Multipliers and Optimal Investment Decisions

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Fall

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

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

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

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

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

Oct. 7: Morten Bech, Federal Reserve, NY

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

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

Spring

June 12: Magnus Dahlquist, Stockhold School of Economics

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

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

Fall

Dec. 5: Adair Morse, University of Chicago

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

Oct. 24: Burton Hollifield, Carnegie Mellon University

Oct. 10: Andrea Roncoroni, ESSEC

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

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

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

Spring

May 23: Mikail Chernov, London Business School

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

May 16: Bernard Dumas, HEC Lausanne

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

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

Apr. 11: Joao Gomes, Wharton: Levered Returns

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

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

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

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

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

Fall

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

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

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

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

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

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

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

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

Spring

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

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

June 8: Pascal Maenhout: Option-Implied Correlations

June 4: Yakov Amihud: Liquidity in Asset Pricing

May 11: Harrison Hong: Fishman Hong & Kubik

April 27: Wayne Ferson: Ferson Siegel

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

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

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

Fall

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

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

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

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

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

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

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

Spring

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

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

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

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

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

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

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