Dr Daniel Paravisini

Reader in Finance 

Research interests

• Corporate Finance
• Credit and Banking
• Development Economics

Selected papers

• The Effect of Financing Constraints on Risk, with H. Lin, September 2011, Review of Finance, doi: 10.1093/rof/rfr038.
  Previously circulated under the title "Consequences of a Credit Crunch on Firm Financial Policy, Investment, and Risk Premia"

• Local Bank Financial Constraints and Firm Access to External Finance, (Journal of Finance , 63:5, October 2008)
  Brattle Prize Distinguished Paper in Corporate Finance

• Information and Incentives Inside the Firm: Evidence from Loan Officer Rotation, joint with Andrew Hertzberg and Jose Liberti (Journal of Finance, 65:3, June 2010)
  Brattle First Prize in Corporate Finance

• Public Information and Coordination: Evidence from a Credit Registry Expansion, joint with Andrew Hertzberg and Jose Liberti (Journal of Finance, 66:2, April 2011).
  Brattle Prize Distinguished Paper in Corporate Finance

• Delegated Monitoring of Fraud: The Role of Non-Contractual Incentives, June 2011, joint with H. Lin.
  Previously circulated under the title "What's Bank Reputation Worth? The Effect of Fraud on Financial Contracts and Investment"
  Charles River Associates Award for the Best Paper on Corporate Finance, WFA 2010 (Working paper)

• Risk Aversion and Wealth: Evidence from Person-to-Person Lending Portfolios, NBER Working Paper No. 16063, June 2011, joint with V. Rappoport and E. Ravina. (Working paper)

• Dissecting the Effect of Credit Supply on Trade: Evidence from Matched Credit-Export Data, January 2012, with V. Rappoport, D. Wolfenzon, and P. Schnabl.(Working paper)
  Rothschild Caesarea Center Annual Academic Conference Best Paper Award 2011

• Cultural Proximity and Loan Outcomes, April 2012, with R. Fisman and V. Vig. 
  (Working paper)

• The Information and Agency Effects of Scores: Randomized Evidence from Credit Committees, September 2012, with A. Schoar (Working paper)

Teaching

• Office Hours (internal LSE access only)

Lectures/classes

• FM431 Corporate Finance A
  Current students click here for course information

• FM503 Asset Pricing for Research Students
  Current students click here for course information