All seminars take place at 5pm in Room R405, 4th floor, Research Laboratory, Lionel Robbins Building, 10 Portugal Street, unless otherwise stated, see map|.
All papers have been made available in PDF format, unless otherwise stated.
Summer Term 2012 workshops
25 April 2012: Sebastien Pouget (University of Toulouse)
"The Bubble Game: An Experimental Study of Speculation"| [PDF]
Sebastien Pouget is Professor of Finance at the University of Toulouse. His research interests include: Market Microstructure, Investments, Psychology and Finance, Experimental Economics. He holds a PhD in Economics and Finance from the University of Toulouse.
2 May 2012: Lasse Pedersen (NYU Stern School of Business)
"Embedded Leverage"| also "Betting Against Beta"
|Lasse Pedersen is the John A. Paulson Professor of Finance and Alternative Investments at the NYU Stern School of Business and a research associate at CEPR and NBER. His research focuses on liquidity risk. He is part of the Liquidity Working Group meeting at the Federal Reserve Bank of New York to address liquidity issues. His academic awards include the Fama/DFA First Prize for the best papers published in the Journal of Financial Economics. He received his PhD in Finance from Stanford Graduate School of Business.
9 May 2012: Ilan Kremer (Stanford University)
"The Optimal Design of Insurance Schemes for Preventing Liquidity Runs"| [PDF]
Ilan Kremer is Professor of Finance at Stanford University, Graduate School of Business. His research interests include: Financial Economics, Auction Theory. His work has appeared leading finance and economic journals. He holds a PhD in Finance from Northwestern University (Kellogg).
16 May 2012: Ronnie Sadka (Boston College)
"Horizon Pricing"
There is no available paper for this event.
Ronnie Sadka is a Professor of Finance at Boston College's Carroll School of Management. His research focuses on liquidity in financial markets and stock-price modelling. His work has appeared leading finance and economic journals. He received his PhD in Finance from Northwestern University (Kellogg).
23 May 2012: Matthew Rhodes-Kropf (Harvard University)
“Investment Cycles and Startup Innovation”| and "Financing Risk and Innovation"|
Matthew Rhodes-Kropf is an Associate Professor of Business Administration at Harvard Business School. He specialises in mergers and acquisitions, venture capital, hedge funds, and corporate governance and has published in leading finance and economic journals. His 2004 paper "Market Valuation and Merger Waves," published in The Journal of Finance, was nominated for the Brattle Prize for Best Paper in Corporate Finance in 2005. He holds a PhD in Economics from Duke University.
30 May 2012: Andrea Eisfeldt (UCLA, Anderson School of Management)
Title to be confirmed.
Andrea Eisfeldt is an Associate Professor of Finance at the Anderson School of Management, UCLA. Her research is aimed at understanding the determinants and dynamics of financial market liquidity. She also studies corporate investment. Her work has been published in top-tier academic journals and her research has earned prizes for distinguished papers published in the Journal of Finance (Smith Breeden Prize) and the Journal of Financial Economics (Jensen Prize). She holds a PhD in Economics from the University of Chicago.
6 June 2012: Hui Chen (MIT, Sloan School of Management)
"Systematic Risk and Debt Maturity"
Hui Chen is Jon D. Gruber Career Development Chair Assistant Professor of Finance at the Massachusetts Institute of Technology, Sloan School of Management. His research interests include: Asset Pricing, and its Connections with Corporate Finance; Macroeconomics; Credit Risk; Risk Management. His work has appeared leading finance and economic journals. He holds a PhD in Finance from the University of Chicago.
13 June 2012: Steven Grenadier (Stanford University)
Title to be confirmed.
Steven Grenadier is the William F. Sharpe Professor of Financial Economics at the Stanford Graduate School of Business. His research focuses on applying option pricing theory to real investment analysis. He is an Editor of the Journal of Real Estate Finance and Economics and an Associate Editor of the Journal of Economic Dynamics and Control. His work has appeared leading finance and economic journals. He received his PhD from Harvard University.
20 June 2012: There are no seminars this week
27 June 2012: Luke Taylor (Wharton School, University of Pennsylvania)
"Dynamic debt runs: Evidence from a structural estimation"
Luke Taylor is Assistant Professor of Finance at the Wharton School, University of Pennsylvania. His research Interests include: Corporate finance, corporate governance, entrepreneurship, learning. He received the Nasdaq award for best paper on capital formation, Western Finance Association, 2008. His work has appeared leading finance and economic journals. He holds a PhD in Finance from University of Chicago, Booth School of Business.