Past Seminars
2022
Juliane Begenau (Stanford University)
"Unpacking the Rise in Alternatives"
May 20, 2022
Raghavendra Rau (University of Cambridge)
"Are Women Undervalued? Board Gender Diversity and IPO Underpricing"
April 8, 2022
Tetyana Balyuk (Emory University)
"Friends and Family Money: P2P Transfers and Financially Fragile Consumers"
March 18, 2022
Nadya Malenko (University of Michigan)
"Board Dynamics over the Startup Life Cycle"
February 25, 2022
Tarun Ramadorai (Imperial College London)
"Reference Dependence in the Housing Market"
February 11, 2022
Christine Parlour (University of California, Berkeley)
"Decentralized Exchanges"
February 4, 2022
Roberto Pinto (Lancaster University)
"Do Low Interest Rate Policies Jeopardize Your Retirement?"
January 28, 2022
Dimitri Vayanos (London School of Economics)
"Asset Management Contracts and Equilibrium Prices"
January 14, 2022
2021
David Schreindorfer (Arizona State University)
"Volatility and the Pricing Kernel"
December 10, 2021
Elena Simintzi (University of North Carolina at Chapel Hill)
"Women in the Financial Sector"
December 3, 2021
Rui Albuquerque (Boston College)
"Mutual Fund Loyalty and ESG Stock Resilience during the COVID-19 Stock Market Crash"
November 12, 2021
Jennie Bai (Georgetown University)
"Is Hard and Soft Information Substitutable? Evidence from Lockdown"
October 15, 2021
Michael Barnett (Arizona State University)
"Does Climate Change Impact Sovereign Bond Yields?"
October 8, 2021
Elisabeth Kempf (University of Chicago)
"The Political Polarization of U.S. Firms"
October 1, 2021
Brittany Lewis (Indiana University)
"Creditor Rights, Collateral Reuse, and Credit Supply"
June 4, 2021
Marcin Kacperczyk (Imperial College)
"Firm Commitments"
May 21, 2021
Mariassunta Giannetti (Stockholm School of Economics)
"Sustainability or Performance? Ratings and Fund Managers' Incentives"
May 7, 2021
Lin Peng (Baruch College)
"Face Value: Trait Inference, Performance Characteristics, and Market Outcomes for Financial Analysts"
April 23, 2021
Kairong Xiao (Columbia University)
"Mutual Fund Liquidity Transformation and Reverse Flight to Liquidity"
April 9, 2021
Kristine Hankins (University of Kentucky)
"Corporate Responses to Stock Price Fragility"
March 12, 2021
Marco Giacoletti (University of Southern California)
"Using High-Frequency Evaluations to Estimate Discrimination: Evidence from Mortgage Loan Officers"
February 19, 2021
Alberto Manconi (Bocconi University)
"Are Star Law Firms Also Better Law Firms?"
February 5, 2021
Sabrina T. Howell (New York University)
"Does PE Investment in Healthcare Benefit Patients? Evidence from Nursing Homes"
January 22, 2021
2020
Ouimet Paige (University of North Carolina at Chapel Hill)
"The Impact of the Opioid Crisis on Firm Value and Investment"
October 30, 2020
Diane Del Guercio (University of Oregon)
"How Have Passive Portfolio Managers Fared in the Era of the Dramatic Rise of Passive Investing?"
September 25, 2020
Aleksandar Andonov (University of Amsterdam)
"The Subsidy to Infrastructure as an Asset Class"
September 18, 2020
Arash Dayani (University of Oregon)
"Mutual Fund Moneyball"
May 29, 2020
Donghwa Shin (University of North Carolina at Chapel Hill)
"Extrapolation and Complexity"
May 22, 2020
Anzhela Knyazeva (New York University; Securities and Exchange Commission)
"Sinners or Saints? Top Underwriters, Venture Capitalists, and IPO Underpricing"
May 8, 2020
2019
Cindy Soo (University of Michigan)
"Do Neighborhoods Affect Credit Market Decisions of Low-Income Borrowers? Evidence from the Moving to Opportunity"
November 22, 2019
Barney Hartmann-Glaser (University of California, Los Angeles)
"Cash to Spend: IPO Wealth and House Prices"
October 18, 2019
Russ Wermers (University of Maryland)
"Do ETFs Increase Liquidity?"
October 4, 2019
Xiaoyun Yu (Indiana University)
"Torpedo Your Competition: Strategic Reporting and Peer Firm IPO"
June 7, 2019
Juhani Linnainmaa (University of Southern California)
"Factor Momentum and the Momentum Factor"
May 24, 2019
Ron Kaniel (University of Rochester)
"Relative Pay for Non-Relative Performance: Keeping up with the Joneses with Optimal Contracts"
May 10, 2019
Enrichetta Ravina (Northwestern University)
"Investor Ideology"
May 3, 2019
2018
Kelly Shue (Yale University)
"Can the Market Multiply and Divide? Non-Proportional Thinking in Financial Markets"
May 18, 2018
2017
Tarik Umar (Rice University)
"Complexity Aversion when Seeking Alpha"
December 1, 2017
Xiaoyan Zhang (Purdue University)
"Tracking Retail Investor Activity"
November 3, 2017
Diego García (University of Colorado Boulder)
"The Kinks of Financial Journalism"
October 27, 2017
Jay Ritter (University of Florida)
"Corporate Cash Shortfalls and Financing Decisions"
September 29, 2017
Gustavo Manso (University of California, Berkeley)
"Heterogeneous Innovation over the Business Cycle"
June 2, 2017
Liu Yang (University of Maryland)
"Initial Conditions and Firm Growth: Evidence from Birth-Matched IPO and Private Firms"
May 19, 2017
2016
Mitchell Petersen (Northwestern University)
"Understanding Precautionary Cash at Home and Abroad"
November 11, 2016
David Musto (University of Pennsylvania)
"A Simple Model of IPO Underpricing"
October 14, 2016
Lauren Cohen (Harvard University)
"Lazy Prices"
September 30, 2016
Azi Ben-Rephael (University of Indiana)
"It Depends on Where You Search: A Comparison of Institutional and Retail Attention"
April 29, 2016
Alice Bonaime (University of Arizona)
"Policy Uncertainty and Mergers and Acquisitions"
April 22, 2016
Richard Stanton (University of California, Berkeley)
"Mortgage Loan-Flow Networks and Financial Norms"
February 26, 2016
2015
Chris Parsons (University of California, San Diego)
"What's in a Name? Racial Discrimination in Higher Education Bond Markets"
November 13, 2015
Jared Stanfield (University of New South Wales)
"What Does an LBO Signal for the Target's Industry?"
November 6, 2015
Jess Cornaggia (Georgetown University)
"Acquiring Access to Finance"
October 30, 2015
Alexander Dyck (University of Toronto)
"Can Institutional Investors Improve Corporate Governance through Collective Action?"
October 9, 2015
Tracy Wang (University of Minnesota)
"Management Risk and the Cost of Borrowing"
October 2, 2015
Neal Stoughton (Vienna University of Economics and Business)
"An Integrated Model of University Endowments"
September 25, 2015
Ed Van Wesep (University of Colorado)
"The Shape of Cooperative Communication: A Theory of Polite Stock Analysts, Harsh Referees, and Grade Inflation"
May 15, 2015
2014
Adair Morse (University of California, Berkeley)
"Asset Manager Funds: Fees and Tactical Beta"
November 7, 2014
Kenneth Ahern (University of Southern California–Los Angeles)
"Information Networks: Evidence from Illegal Insider Trading Tips"
October 24, 2014
Youchang Wu (University of Wisconsin–Madison)
"Asset Volatility and Financial Policy: Evidence from Corporate Mergers"
October 10, 2014
Erik Lie (University of Iowa)
"Do Stock Options Overcome Managerial Risk Aversion? Evidence from Option Exercises"
May 23, 2014
Byoung Hwang (Cornell University)
"Can Short Selling Help Correct Under-pricing?"
May 16, 2014
2013
Zoran Ivkovich (Michigan State University)
"What a Difference a PhD Makes: More than Three Little Letters"
November 15, 2013
Selale Tuzel (University of Southern California–Los Angeles)
"Local Risk, Local Factors, and Asset Prices"
November 1, 2013
Francisco Perez-Gonzalez (Stanford University)
"Capital Structure and Taxes: What Happens When You (Also) Subsidize Equity?"
October 25, 2013
David Solomon (University of Southern California–Los Angeles)
"Looking for Someone to Blame: Delegation, Cognitive Dissonance, and the Disposition Effect"
October 18, 2013
Gordon Phillips (University of Southern California–Los Angeles)
"Outsourcing Supply Contracts, Human Capital and Firm Financing Decisions"
October 4, 2013
Paul Oyer (Stanford University)
"Exploration for Human Capital: Theory and Evidence from the MBA Labor Market"
May 31, 2013
Scott Weisbenner (University of Illinois at Urbana-Champaign)
"The Investment Behavior of State Pension Plans"
May 3, 2013
Chris James (University of Florida)
"'Bank' Loan Ownership and Troubled Debt Restructurings"
April 19, 2013
2012
Joey Engelberg (University of California, San Diego)
"Anchoring and the Cost of Capital"
November 30, 2012
Dirk Jenter (Stanford University)
"CEO Preferences and Acquisitions"
November 16, 2012
Yael Hochberg (Northwestern University)
"Partner Selection in Co-Investment Networks: Evidence from Venture Capital"
October 26, 2012
Justin Murfin (Yale University)
"Loans on Sale: Credit Market Seasonality, Borrower Need, and Lender Rent Seeking"
October 12, 2012
Amit Seru (University of Chicago)
"Inconsistent Regulators: Evidence from Banking"
October 5, 2012
John Graham (Duke University)
May 18, 2012
Josh Rauh (Northwestern University)
May 4, 2012
Randall Morck (University of Alberta)
April 27, 2012
Alon Brav (Duke University)
April 19, 2012
2011
Liu Yang (University of California, Los Angeles)
November 11, 2011
Claudia Custodio (Arizona State University)
October 21, 2011
Alex Edmans (University of Pennsylvania)
October 7, 2011
2009
Ingrid Werner (Ohio State University)
"When Constraints Bind"
November 13, 2009
Mark Kamstra (York University)
"Time-Varying Preferences and SAD: Support from an Asset Pricing Model"
October 30, 2009
Long Chen (Washington University)
"What Moves Investment?"
October 16, 2009
Frank Warnock (University of Virginia; National Bureau of Economic Research)
"What Do We Know About U.S. International Investment?"
October 9, 2009
Charles Gaa (University of Oregon)
"Investor Attention, Hedonism, and the Information Content of Product Market Advertising"
September 8, 2009
Erik Stafford (Harvard University)
"Crashes, Collateral, and the Financing of Securities"
May 14, 2009
Ayako Yasuda (University of California, Davis)
"The Behavior of Intoxicated Investors: The Role of Institutional Investors in Propagating the Crisis of 2007-2008"
May 28, 2009
Wayne Ferson (University of Southern California–Los Angeles)
"Out of Sample Performance of Long-run Risk Models"
May 22, 2009
Matt Spiegel (Yale University)
"Dynamic Corporate Capital Stocks: Cross-sectional and Inter-temporal Stock Return Patterns"
May 1, 2009
Brad Barber (University of California, Davis)
"Day Trading in Equilibrium"
April 2, 2009
Sith Chaisurote (Stanford University)
"Liquidity Provision by International Institutional Investors: Evidence from Brazilian Privatization"
March 18, 2009
Matthias Kahl (University of North Carolina at Chapel Hill)
"Do Firms Use Commercial Paper to Enhance Financial Flexibility?"
February 10, 2009
Karin Thorburn (Dartmouth College)
"Markup Pricing Revisited"
February 9, 2009
Jerome Taillard (Ohio State University)
"Thriving in the Midst of Financial Distress? An Analysis of Firms in the Exposed to Asbestos Litigation"
January 30, 2009
Ekkehart Boehmer (Texas A&M University)
"Short Selling and the Informational Efficiency of Pricing"
January 27, 2009
Yihui Wang (University of North Carolina at Chapel Hill)
"Does Credit Supply Drive the LBO Market?"
January 24, 2009
Albert Sheen (University of California, Los Angeles)
"Do Public and Private Firms Behave Differently? An Examination of Investment in the Chemical Industry"
January 19, 2009
2008
Lu Zheng (University of California, Irvine)
"Strategy Distinctiveness and Hedge Fund Performance"
November 13, 2008
Geoff Tate (University of California, Los Angeles)
"External Networking and Internal Governance"
October 16, 2008
Charles Hadlock (Michigan State University)
"Does the KZ Index Provide a Useful Measure of Financial Constraints?"
October 2, 2008
Nandini Gupta (Indiana University)
"The Decision to Privatize: Finance, Politics, and Patronage"
June 6, 2008
Stefan Ruenzi (University of Cologne; University of Texas)
"Why Managers Hold Shares of Their Firms: An Empirical Analysis"
April 25, 2008
Pedro Matos (University of Southern California–Los Angeles)
"When Banks are Insiders: Evidence from the Global Syndicated Loan Market"
April 11, 2008
2007
Simon Gervais (Duke University)
"Overconfidence, Investment Policy, and Manager Welfare"
November 16, 2007
Lauren Cohen (Harvard University)
"The Small World of Investing: Board Connections and Mutual Fund Returns"
November 9, 2007
Mara Faccio (Purdue University)
"Sudden Deaths: Taking Stock of Geographic Ties"
September 28, 2007
Berk Sensoy (University of Southern California–Los Angeles)
"Performance Evaluation and Self-Designated Benchmark Indexes in the Mutual Fund Industry"
June 9, 2007
Michael Cooper (University of Utah)
"Corporate Political Contributions and Stock Returns"
April 27, 2007
Ro Gutierrez (University of Oregon)
"Persistent Performance and Smart Money in Corporate-Bond Mutual Funds"
April 25, 2007
Paul Tetlock (University of Texas)
"More Than Words: Quantifying Language to Measure Firms' Fundamentals"
March 9, 2007
Gustavo Manso (Massachusetts Institute of Technology)
"Motivating Innovation"
February 9, 2007
Paul Thistle (University of Nevada, Las Vegas)
"CEO Tenure: the Risk of Termination and Firm Value"
February 8, 2007
2006
Michael Weisbach (University of Illinois Urbana-Champaign)
"Corporate Financial and Investment Policies when Future Financing is not Frictionless"
October 30, 2006
Elizabeth Odders-White (University of Wisconsin–Madison)
"The Probability and Magnitude of Information Events"
October 6, 2006
Stefan Nagel (Stanford University)
"A Skeptical Appraisal of Asset-Pricing Tests"
May 12, 2006
Annette Vissing-Jorgensen (Northwestern University)
"Long-Run Stockholder Consumption Risk and Asset Returns"
April 21, 2006
Jon Reuter (University of Oregon)
"The Rise of Teams in Fund Management"
April 7, 2006
2005
Jeff Busse (Emory University)
"Performance Persistence in Institutional Investment Management"
December 2, 2005
Diane Denis (Purdue University)
"Earnouts: A Study of Financial Contracting in Acquisition Agreements"
November 11, 2005
Deon Strickland (Arizona State University)
"The Determinants of Idiosyncratic Voltility"
May 20, 2005
Jennifer Conrad (University of North Carolina at Chapel Hill)
"Basis Assets"
April 29, 2005
2004
Amy Dittmar (University of Michigan)
"Why do Firms Issue Equity?"
May 28, 2004
Antoinette Schoar (Massachusetts Institute of Technology)
"Banking Deregulation and Industry Structure: Evidence from the French Banking Reform of 1985"
May 14, 2004
John Chalmers (University of Oregon)
"The Benefit of Brokers: A Preliminary Analysis of the Mutual Fund Industry"
April 30, 2004
Greg Kadlec (Virginia Tech)
"Issuer Surplus and the Partial Adjustment of IPO Prices to Public Information"
April 23, 2004
Joshua Coval (Harvard University)
"Judging Fund Managers by the Company They Keep"
April 9, 2004
Ro Gutierrez (University of Oregon)
"Evidence to the Contrary: Weekly Abnormal Returns are Underreactions"
March 12, 2004
Jon Reuter (University of Oregon)
"The Financial Media, Advertising, and Mutual Fund Investors"
March 5, 2004
Stephen Ross (Massachusetts Institute of Technology)
"Compensation, Incentives, and the Duality of Riskiness and Risk Aversion"
February 20, 2004
Jeff Pontiff (Boston College)
"Shares Outstanding and Cross-Sectional Returns"
February 10, 2004
Eric Zitzewitz (Stanford University)
"Using Prediction Markets to Evaluate Policy: The Case of the Iraq War"
January 30, 2004
