Finance  

Seminar Series

The Finance Seminars are presented on Friday mornings from 10:30 a.m. until 12:00 noon. Deviations from the standard day and time will be publicized on this Web site as well as in the e-mail announcement that is sent prior to each seminar. To be included on the e-mail announcement list, send an e-mail to mdrummond@rhsmith.umd.edu.

Spring 2008

Click on the Paper Title to download a PDF version of the paper, if available.

Date Speaker Paper Title
Jan. 22 Baozhong Yang
Stanford University		 "A Dynamic Model of Corporate Financing with Market Timing"
11:00 a.m. - 12:30 p.m.
1415 Van Munching Hall
Jan. 28 Ulf von Lilienfeld-Toal
Goethe University, Frankfurt		 "Excess Returns of Companies with a Distinguished Player"
10:30 a.m. - 12:00 noon
1415 Van Munching Hall
Jan. 29 Gara Afonso
Princeton University		 "Liquidity and Congestion"
11:00 a.m. - 12:30 p.m.
2509 Van Munching Hall
Feb. 1 Brian Melzer
University of Chicago		 "The Real Costs of Credit Access: Evidence from the Payday Lending Market"
3:00 p.m. - 4:30 p.m.
Dean's Conference Room, 2570 Van Munching Hall
Feb. 5 Fousseni Chabi-Yo
Bank of Canada		 "Dynamic Asset Allocation, Heterogeneity of Preferences, Cross Section of Volatility, Skewness, and Expected Returns: Theory and Evidence"
11:15 a.m. - 12:45 p.m.
3330H Van Munching Hall
Feb. 7 Jonathan Cohn
Michigan		 "Investment, Cash Flow and Financial Markets: Evidence from Tax Loss Carryforwards"
11:15 a.m. - 12:45 p.m.
3330H Van Munching Hall
Feb. 8 Julio Cacho Diaz
Princeton University		 "Identification and Inference of Jumps using Hedge Fund Returns"
10:30 a.m. - 12:00 noon
3330H Van Munching Hall
Feb. 11 Rui Zhao
SUNY-Albany		 "Optimal Pooling of Performance Information in Dynamic Contracting"
10:30 a.m. - 12:00 p.m.
2515 Van Munching Hall
Feb. 22 Martin Lettau
Columbia University		 "The term structures of equity and interest rates"
10:30 a.m. - 12:00 p.m.
3330H Van Munching Hall
Mar. 14 Joshua Rauh
University of Chicago		 "The Composition and Priority of Corporate Debt: Evidence from Fallen Angels"
10:30 a.m. - 12:00 p.m.
3330H Van Munching Hall
Apr. 11 Morten Sorensen
University of Chicago		 "Learning by Investing: Evidence from Venture Capital"
10:30 a.m. - 12:00 p.m.
3330H Van Munching Hall
May 2 Annette Vissing-Jorgensen
Northwestern		 "The Aggregate Demand for Treasury Debt"
10:30 a.m. - 12:00 p.m.
3330H Van Munching Hall
May 9 Gustavo Manso
MIT		 "Performance-Sensitive Debt"
10:30 a.m. - 12:00 p.m.
3330H Van Munching Hall
May 16 Xavier Gabaix
NYU		 "Rare Disasters and Exchange Rates"
"Linearity-Generating Processes: A Modelling Tool Yielding Closed Forms for Asset Prices"
10:30 a.m. - 12:00 p.m.
3330H Van Munching Hall
May 23 Kris Jacobs
McGill University		 "Forward-Looking Betas"
10:30 a.m. - 12:00 p.m.
3330H Van Munching Hall

Fall 2007

Click on the Paper Title to download a PDF version of the paper, if available.

Date Speaker Paper Title
Sept. 6 Ronald Masulis
Vanderbilt University		 "Corporate venture capital, strategic alliances, and the governance of newly public firms"
3:30 p.m. - 5:00 p.m.
Dean's Conference Room
Sept. 21 Dirk Hackbarth
Washington University		 "The Dynamics of Mergers and Acquisitions
in Oligopolistic Industries"
10:30 a.m. - 12:00 noon
1511 Van Munching Hall
Sept. 28 Itay Goldstein
UPenn		 "Incentives for Information Production in Markets where Prices Affect Real Investment"
10:30 a.m. - 12:00 noon
1511 Van Munching Hall
Oct. 12 Suzanne Lee
Georgia Tech		 "Jumps and Information Flow in Financial Markets"
10:30 a.m. - 12:00 noon
1511 Van Munching Hall
Oct. 26 Hanno Lustig
UCLA		 "A Multiplier Approach to Understanding the Macro Implications of Household Finance"
10:30 a.m. - 12:00 noon
1511 Van Munching Hall
Oct. 30 Jeremy Graveline
 University of Minnesota		 "Exchange Rate Volatility and the Forward Premium Anomaly"
11:00 a.m. - 12:30 p.m.
2505 Van Munching Hall
Nov. 2 James Vickery
Federal Reserve Bank		 "How Do Financial Frictions Shape the Product Market? 
Evidence from Mortgage Originations"
10:30 a.m. - 12:00 noon
1511 Van Munching Hall
Nov. 6 Daniel Ferreira
London School of Economics		 "Unbundling Ownership and Control"
11:00 a.m. - 12:30 p.m.
Dean's Conference Room
2570F Van Munching Hall
Nov. 9 Marcin Kacperczyk
University of British Columbia		 "Labor Unions and Expected Stock Returns"
10:30 a.m. - 12:00 noon
1511 Van Munching Hall
Nov. 13 Evgeny Lyandres
Rice University 		"A Theory of Merger-Driven IPOs"
11:00 a.m. - 12:30 p.m.
2505 Van Munching Hall
Nov. 20 Amiyatosh Purnanandam
University of Michigan		 "The Effect of Banking Crisis on Bank-Dependent
Borrowers"
11:30 a.m. - 1:00 p.m.
2505 Van Munching Hall
Nov. 27 Henrik Cronqvist
Ohio State University		 "Does Corporate Culture Matter for Investment and Financial Policies?"
11:30 a.m. - 1:00 p.m.
Dean's Conference Room
2570F Van Munching Hall
Dec. 7 Michael Faulkender
Washington University in St. Louis		 "A Panel Data Analysis of Interest
Rate Risk Management"
2:00 p.m. - 3:30 p.m.
1412 Van Munching Hall