Past finance research seminars

Wednesdays 12.45 - 14.00 Autumn Term

5 October 2011: Efrem Castelnuovo (University of Padova)
'Monetary Shocks, Cholesky Identification, and DSGE Models: An Empirical Investigation for the US'

12 October 2011: Nikolaus Hautsch (Berlin University)
'On the Dark Side of the Market: Identifying and Analyzing Hidden Order Placements'

19 October 2011: Paolo Colla (Bocconi University, Milan)
'Debt Specialization'

26 October 2011: Aleksandar Andonov (Maastricht University)
'Can Large Pension Funds Beat the Market? Asset Allocation, Market Timing, Security Selection and the Limits of Liquidity'

2 November 2011: Steven Monahan (INSEAD)
'Selecting an Accounting-based Valuation Model'

9 November 2011: Holger Daske (University of Mannheim)
'Fair Value Reclassifications of Financial Assets during the Financial Crisis'

16 November 2011: Vikas Agarwal (Georgia State University)
'Window Dressing in Mutual Funds'

23 November 2011: Raman Uppal (EDHEC Business School)
'Asset Prices in General Equilibrium with Transactions Costs and Recursive Utility'

30 November 2011: Andrea Caggese (Pompeu Fabra University)
'Financing Constraints, Firm Dynamics, Export Decisions, and Aggregate Productivity'

7 December 2011: Mark Bradshaw (Boston College)
'Accounting Method Heterogeneity and Analysts' Forecast Errors'

Wednesday 12:45 - 14:00 Summer Term

4th May 2011: Christian  Wagner (Vienna University of Economics and Business)
'The Cross-Section of Credit Risk Premia and Equity Returns'

11th May 2011: Douglas A. Shackleford (University of North Carolina)
'Taxes and the Clustering of Foreign Subsidiaries'

18th May 2011*: Daniel Thornton (Federal Reserve Bank of St. Louis)
'The Unusual Behaviour of the Federal Funds Rate and Treasury Yields: A Conundrum or an Instance of Goodhart's Law?'

25th May 2011: Fabio Fornari (European Central Bank)
'Do Carry Traders care about Macroeconomic Shocks? (and are they right?)'

8th June 2011: Ralph de Haas (European Bank for Reconstruction and Development)

Seminars
12:45-14:00, Room 2005
Cass Business School Lunch & light refreshments available at 12:30 on the 2nd Floor Milling Area

*Room 2006. Seminar starts at 4.00pm
Refreshments available at 3.45pm in 2nd Floor Milling Area

Wednesday 12.30 - 13.30 Spring Term

6 January: Fabio Castiglionesi (Tilburg University) Financial Integration and Liquidity Crises

2 February: Nick Carline (Lancaster University Management School) Corporate Governance and Takeover Resistance

9 February: Catherine Cassamata (Toulouse School of Economics) Fund Managers' Contracts and Short-Termism

16 February: Ioanid Rosu (HEC Paris) Liquidity and Information in Order-Driven Markets

23 February: Andrea Buraschi (Imperial Business School) The Cross-Section of Expected Stock Returns: Learning about Distress and Predictability in Connected Networks

2 March: Wing Cheung (Nomura Equities) A Unified Bayesian Allocation Framework: Theory and Practice

9 March: David Veredas (ECARES, Solvay Brussels School of Economics and Management) Disentangling Systematic and Idiosyncratic Risk for Large Panels of Assets

16 March: Michael Wolf (University of Zurich) Alternative Tests for Monotonicity in Expected Asset Returns

23 March: Mariassunta Giannetti (Stockholm School of Economics) The Flight Home Effect: Evidence from the Syndicated Loan Market During Financial Crises

30 March: Kazunori Suzuki (Chuo University) Block Trades Disguised as Mandatory Tender Offers?
Changes in Tender Offer Regulation in Japan and their Impact on Offer Premiums and Share Price Reactions

6 April: Michael King (BIS) The $4 Trillion Question: What Explains FX Growth Since the 2007 Survey?

Seminars
12:45-14:00, Room 2005
Cass Business SchoolLunch & light refreshments available at 12:30 on the 2nd floor milling area

6 October: Stephen Young (Lancaster University Management School) Negative Earnings Surprises and the Cockroach Effect: Evidence From Sell-side Analysts

13 October: Dragana Cvijanovic (London School of Economics) What Firm's Address says about its Debt - Land Price and Firm Capital Structure

20 October: Voljislav Maksimovic (University of Maryland) Public and Private Merger Waves

27 October: Antoine Renucci (University of Paris Dauphine) Bargaining with Venture Capitalists when Bank Financing is an Endogenous Opportunity

3 November: Marcelo Fernandes (Queen Mary University) Tailing Tail Risk in the Hedge Fund Industry

10 November: Paul Schneider (University of Warwick) Understanding the Skew in Index Option Prices

17 November: Sylvain Bourjade (Toulouse Business School) Collusion in Boards of Directors

24 November: Sanjay Banerji (University of Essex) Incentives and Experts: The Role of Expertise in Corporate Reorganizations

19 May: Mark Shackleton (Lancaster University) NPV Systems, Flexibility Values and Discount Matrices

28 May: Zhi Da (University of Notre Dame) Decomposing Short-Term Return Reversal

2 June: Steven Ongena (Tilburg University) Credit Supply: Identifying Balance-Sheet Channels with Loan Applications and Granted Loans

9 June: George Skiadopoulos (University of Piraeus) Asset Allocation with Option-Implied Distributions: A Forward-Looking Approach

10 June: Xia Chen (University of Wisconsin-Madison) Does Increased Board Independence Reduce Earnings Management? Evidence from Recent Regulatory Reforms

3 February: Walter Distaso (Imperial College London) International Market Links and Volatility Transmission

10 February: Michael Dempster (University of Cambridge) Modelling Long Term Commodity Futures

17 February: Michael Moore (Queens University) Private Information and the Monetary Model of Exchange Rates: Evidence from a Novel Data Set

3 March: (11am-12pm) Anh L. Tran (Drexel University) On the Importance of Golden Parachutes

3 March: Kevin Aretz (Lancaster University Management School) How Does A Firm's Default Risk Affect Its Expected Equity Return?

10 March: Uli Hege (HEC, Paris) The Role of Private Equity in Corporate Asset Sales: Theory and Evidence

17 March: Kabir Dutta (CRA International) "Application of Tukey's Exploratory Data Analysis in Financial Risk Management: Case of Market and Operational risk"

24 March: William Shaw (Kings College) "Hybrid Brownian Motion: a Model for Price Feedback and Volatility Explosion"

7 October: Ravi Jagannathan (Kellogg School of Management) Informed Trading, Liquidity Provision, and Stock Selection by Mutual Funds

14 October: Suleyman Basak (London Business School) Strategic Asset Allocation in Money Management

21 October: Rafal Wojakowski (Lancaster University Management School) Participating Mortgages and the Efficiency of Financial Intermediation

28 October: Ana-Maria Dimitri and Giovanni Urga (Cass Business School) A Note on Jumps and Price Discovery in the US Treasury Market

4 November: Carol Osler (Brandeis International Business School) Overconfidence in Currency Markets

11 November: Rick Johnston (Fisher College of Business, Ohio State University) Securities and Exchange Commission Comment Letters: Enforcing Accounting Quality and Disclosure

18 November: Sudi Sudarsanam (Cranfield School of Management) Impact of Takeover Regulation on Merger Arbitrage in the UK

25 November: Hannes Wagner (Bocconi University) The Life Cycle of Family Ownership: A Comparative Study of France, Germany, Italy and the UK

2 December: Yuval Millo (London School of Economics and Political Science) Resources or Power? Social Networks, Executive and Outside Director Compensation

13 May: Sohnke Bartram (Lancaster University) How Importamt is Financial Risk?

20 May: Amrit Judge (Middlesex University)The Effects of Access to Public Debt Markets on Capital Structure: The Role Played by Credit Ratings

27 May: Antonio Mele (LSE) Ambiguity, Information Acquisition and Price Swings in Asset Markets

10 June: Francesca Carrieri (McGill University) On the Pricing of Investable Securities and the Role of Implicit Barriers

17 June: Paolo Volpin (London Business School) Securitization, Transparency and Liquidity

28 January: Jay Muthuswamy (Kent State University) Non-synchronicity in Asset Prices and Incorrect Rejections of Market Efficiency

4 February: Bart Lambrecht (Lancaster University)Capital Structure, Liquidity and Transferable Human Capital in Competitive Equilibrium

18 February: Dagfinn Rime (Norwegian Central Bank) Information in the Interbank Foreign Exchange Market

25 February: Francisco Gomes (London Business School) Fiscal Policy in an Incomplete Markets Economy

4 March: Daniel Ferreira (LSE) Unbundling Ownership and Control

11 March: Gilles Chemla (Tankaka Business School, Imperial College) Hedging and Vertical Integration in Electricity Markets

18 March: Alex Taylor (Manchester Business School) Estimating Equity Risk Premia from the Corporate Bond Market

1 April: Garen Markarian (IE Business School) Income Smoothing and Idiosyncratic Volatility

8 April: Uwe Wystup (Frankfurt School of Finance and Management) Efficient Evaluation and Hedging of FX Basket Options with Smile

21April - Stephen Figlewski (Stern, NYU)
"Estimating the Implied Risk Neutral Density for the US Market Portfolio"

07May - Vicky Kiosse (Lancaster University)
"How does the Market Price Pension Accruals?"

14 May - Marco Wilkens (Ingolstadt School of Management)
"Quantifying the Interest Rate Risk of Banks Using Accounting Based Data"

21 May - Jeroen van den Berg (Maastricht University)
"Modelling Exchange Rate Tensions: a Dynamic Duration Approach"

28 May - Dimitris Petmezas (University of Surrey)
"Can Public Acquisitions create value for acquiring firms' shareholders? Worldwide Evidence"

04 June - Geoff Meeks (Cambridge University)
"(Mis-) informing the stock market: the case of takeover bidders"

11 June - Sergei Guriev (New Economic School, Moscow)
"The Resource Curse: A Corporate Transparency Channel"

16 January 2008 - Devin Shanthikumar (Harvard Business School, USA)
"After a Restatement: The Long-Run Market and Investor Response"

23 January 2008 - Charles Kahn (University if Illinois, USA)
"Endogenous Financial Fragility and Prudential Reception"

30 January 2008 - Patrick Gagliardini (Lugano University)
"Nonlinear Errors in Factor Models"

6 February 2008 - Jason Sturges (London Business School)
"The Valuation Effects of Multinational Firms"

13 February 2008 - Kjell Nyburg (Norweigan School of Economics and Business)
"The Price of Liquidity: Bank Characteristics and Market Conditions"

20 February 2008 - Rachel Campbell (Maastricht University)

27 February 2008 - Antonio Freitas Miguel (ISTE Lisbon)
"The Determinants of Mutual Fund Performance: A Cross-Country Study"

5 March 2008 - Richard Payne (Bristol University)
"Post-trade Anonymity, Liquidity and Execution Costs"

12 March 2008 - Helena Liu (Essex University)
"Pricing Interest Rate Options"

26 September 2007 - Albert Chun (University of Montréal Business School) "Expectations, Bond Yields and Monetary Policy"

10 October 2007 - Juri Marcucci (Bank of Italy) "Credit Risk and Business Cycle over Different Regimes"

17 October 2007 - Dennis Pelletier (North Carolina State University) "Evaluating Value-At-Risk Models with Desk-Level Data"

31 October 2007 - Marc Paolella (Swiss Banking Institute, University of Zürich) "CHICAGO: A Fast and Accurate Method for Portfolio Risk Calculation"

7 November 2007 - Arthur Kraft (London Business School) "On the Weighting of Individual Analyst Forecasts in the Consensus"

14 November 2007 - Clara Raposo (ISCTE, Lisbon) "Board Structure and Price Informativeness"

21November 2007 - Madhav Rajan (Stanford University) "On the Economic Relevance of Historic Cost"

5 December 2007 - Mark Clatworthy (Cardiff Business School) "Further Evidence on Auditor Selection Bias and the Big 4