INVITATION FOR PHD DEFENCE - Alessandro Spina
In order to obtain the PhD degree, Alessandro Spina has submitted his thesis entitled:
Essays in Financial Markets and Beliefs
This thesis examines the information in asset prices and how macroeconomic expectations are formed. Chapter 1 finds there is unique information contained in the loan spreads of syndicated loans. This information can improve forecasts of economic conditions. Chapter 2 studies how information can be slow to spread within an asset class. I show information takes time to diffuse within the syndicated loan market. Finally, in Chapter 3 I expand my focus to study how agents form expectations of macroeconomic variables. All three chapters document new empirical facts that deepen our understanding of financial markets and belief formation.
The thesis will be available from research.cbs.dk
Primary Supervisor:
Professor David Lando
Department of Finance
Copenhagen Business School
Secondary Supervisors:
Professor Dr Daniel Streitz Halle
Institute for Economic Research
Friedrich Schiller University Jena
Assessment Committee:
Professor Charlotte Østergaard (Chair)
Department of Finance
Copenhagen Business School
Professor Rainer Haselmann
House of Finance
Goethe University Frankfurt
Associate Professor Florian Peters
University of Amsterdam – Business School
University of Amsterdam
Date: 10 June 2024
Time: 15:00-17:00
Online: Teams
*Please note that the microphone and camera of all spectators must be turned off.
Location: Solbjerg Plads Room: SPs05 PwC Danmark
Reception: FUHU
*The CBS PhD School will host a reception, which will take place immediately after the defence.