Seminars

4 Jun	Rethinking the Stock Market Participation Puzzle By Prof Stephan Siegel, University of Washington
28 May	Delegated Blocks By Prof Amil Dasgupta, LSE
14 May	ESG Divergence and the Market Environment By Prof Gideon Saar, Cornell University
30 Apr	Strategic Arbitrage in Segmented Markets By Prof Svetlana Bryzgalova, London Business School
23 Apr	Return Migration and Human Capital Flows By Prof Timothy McQuade, UC Berkeley
9 Apr	Bank Competition and Bargaining over Refinancing By Prof Christophe Spaenjers, University of Colorado
5 Mar	Algorithmic pricing and liquidity in securities markets By Prof Thierry Foucault, HEC Paris

5 Dec	Securities Lending and Information Acquisition By Prof Pedro Saffi, University of Cambridge
28 Nov	Voting Choice By Prof Nadya Malenko, Boston College
21 Nov	Self-Dealing in Corporate Investment By Prof Denis Sosyura, Arizona State University
7 Nov	Dissecting Corporate Culture Using Generative AI – Insights from Analyst Reports By Prof Kai Li, UBC Sauder School of Business
31 Oct	Racial Diversity and Inclusion without Equity? Evidence from Executive Compensation By Prof Eliezer Fich, Drexel University’s LeBow College of Business
24 Oct	Passive Demand and Active Supply: Evidence from Maturity-mandated Corporate Bond Funds By Asst Prof Lorenzo Bretscher, University of Lausanne
6 June	Leaky Director Networks and Innovation Herding By Prof Gerard Hoberg, University of Southern California
16 May	Past is Prologue: Inference from the Cross Section of Returns Around an Event By Assoc Prof Jonathan Cohn, University of Texas at Austin
25 Apr	Anomaly Time By Assoc Prof Adam Reed, University of North Carolina
18 Apr	Business Education and Portfolio Returns By Assoc Prof Yigitcan Karabulut , Frankfurt School of Finance & Management
11 Apr	The Chinese Collectibles Bubble By Prof Wang Yongxiang, Shanghai Jiaotong University
4 Apr	Block Diversity and Governance By Prof James Weston, Rice University
28 Mar	The Social Signal By Assoc Prof Tony Cookson, University of Colorado
21 Mar	Bank Presence and Health By Asst Prof Kim Fe Cramer, LSE
7 Mar	The Network Structure of Money Multiplier By Asst Prof Ye Li, University of Washington

1 Nov	The Conditional Dollar-Carry FX Pricing Model By Assoc Prof Thomas Maurer, The University of Hong Kong
11 Oct	The Cost of ESG Investing By Assoc Prof Seth Pruitt, Arizona State University
15 Sep	Secret and Overt Information Acquisition in Financial Markets By Prof Liyan YANG, University of Toronto
6 Sep	How Do Acquisitions Affect the Mental Health of Employees? By Assoc Prof Ramin Baghai, Stockholm School of Economics
16 Aug	Asset Prices with Wealth Dispersion By Prof Paul Ehling, BI Norwegian Business School
2 Jun	The Salience of Entrepreneurship: Evidence from Online Business By Prof Yi Huang, Fudan University
20 May	High Temperature, Mortgage Default, and Mortgage Prepayment By Prof Yongheng Deng, Wisconsin School of Business
19 May	Gender, Competition, and Performance: International Evidence By Prof Kai Li, University of British Columbia
10 May	Investor Betas By Asst Prof Ryan Lewis, University of Colorado
26 Apr	Migration Fear and Minority Crowd-Funding Success: Evidence from Kickstarter By Assoc Prof John Bai, Northeastern University
19 Apr	Leverage, risk-taking, and the medium-leverage safety trap By Prof Tobias Berg, Frankfurt School of Finance and Management
5 Apr	Long-Term Expectations By Prof Laura Starks, University of Texas at Austin
29 Mar	Shareholder Litigation and Corporate Culture By Assoc Prof Cheng "Jason" Jiang, Temple University

30 Nov	Capital Flows in Risky Times: Risk-on/Risk-off and Emerging Market Tail Risk By Prof Christian Lundblad, University of North Carolina at Chapel Hill
2 Nov	The Education-Innovation Gap By Assoc Prof Song Ma, Yale University
26 Oct	Does floor trading matter? By Assoc Prof Matthew Ringgenberg, University of Utah
12 Oct	Is Hard and Soft Information Substitutable? Evidence from Lockdown By Prof Jennie Bai, Georgetown University
5 Oct	Bond Returns and the Trading of Large Mutual Funds By Assoc Prof Chotibhak Jotikasthira, Southern Methodist University
21 Sep	Can Active International Funds Exploit Profit Opportunities in Different Markets? By Prof David Ng, Cornell University
14 Sep	Shareholder-Creditor Conflicts and Limits to Arbitrage: Evidence from the Equity Lending Market By Prof Chu Yongqiang, University of North Carolina, Charlotte
31 Aug	Mutual Fund Fragility, Dealer Liquidity Provisions, and the Pricing of Municipal Bonds By Yi Li, Federal Reserve Board
11 May	Who Owns What? A Factor Model for Direct Stockholding By Prof Tarun Ramadorai, Imperial College London
4 May	“Pump and Dump” through Media Tone: The Role of Institutional Blockholders in Corporate Litigation By Assoc Prof Jie (Jack) He, University of Georgia
27 Apr	Glass Half Full or Half Empty? Activists, Short Sellers, and Disagreement By Asst Prof Tao Li, University of Florida
20 Apr	Temperature Shocks and Industry Earnings News By Prof David Ng, Cornell University
13 Apr	Banks as Secret Keepers: Evidence from the Opacity Discount By Assoc Prof Jan Bena, University of British Columbia
6 Apr	Uncovering the Hidden Effort Problem By Prof Zhi DA, University of Notre Dame
30 Mar	Too Many Managers: Strategic Use of Titles to Avoid Overtime Payments By Prof Umit Gurun, University of Texas at Dallas
23 Mar	U.S. Banks and Global Liquidity By Assoc Professor Wenxin Du, University of Chicago
23 Feb	Informed Voting by Assoc Professor Jiekun Huang, University of Illinois at Urbana-Champaign
2 Feb	The Hedging Channel of Exchange Rate Determination by Gordon Liao, Federal Reserve Board

24 Nov	Governance by One-Lot Shares by Prof ZOU Hong (Joe), University of Hong Kong
10 Nov	Bond Funds and Credit Risk by Assoc Prof Jaewon Choi, University of Illinois, Urbana-Champaign
3 Nov	Does Money Talk? Market Discipline through Selloffs and Boycotts by Prof Mariassunta Giannetti, Stockholm School of Economics
27 Oct	Managerial Entrenchment, Stakeholders, and Capital Structure by Prof David Frankel, Melbourne Business School
20 Oct	Strategic Behavior Surrounding Sales of Mutual-Fund management Companies by Prof Zoran Ivkovich, Michigan State University
13 Oct	It’s Not Who You Know—It’s Who Knows You: Employee Social Capital and Firm Performance by Asst Prof Jessie Jiaxu Wang, Arizona State University
6 Oct	Revenue Sharing in 401(k) Plans by Prof Veronika Krepely Pool, Vanderbilt University
29 Sep	Overcoming Borrowing Stigma: The Design of Lending-of-Last Resort Policies by Asst Prof Yunzhi Hu, University of North Carolina, Chapel Hill
22 Sep	The Effect of Advisors' Incentives on Clients' Investments by Assoc Prof Dong Lou, London School of Economics
8 Sep	Social Interaction and Market Reactions to Earnings News by Prof Lin Peng, City University of New York (Baruch)
1 Sep	Bank Debt versus Mutual Fund Equity in Liquidity Provision by Asst Prof Yao Zeng, University of Pennsylvania (Wharton)
18 Aug	Investor Tax Credits and Entrepreneurship: Evidence from U.S. States by Asst Prof Ting Xu, University of Virginia (Darden)
11 Aug	Does Mutual Fund Illiquidity Introduce Fragility into Asset Prices? Evidence from the Corporate Bond Market by Prof Zheng Sun, University of California, Irvine

26 Nov	A Forensic Examination of China’s National Accounts by Prof Zheng Song, The Chinese University of Hong Kong
19 Nov	Foreign Exchange Fixings and Returns Around the Clock by Prof Philippe Mueller, Warwick Business School
12 Nov	Pay Inequality, Job Satisfaction, and Firm Performance by Prof Clifton Green, Emory University
15 Oct	The Evolution of CEO Compensation in Venture Capital Backed Startups by Assoc Prof Michael Ewens, California Institute of Technology
1 Oct	Performance Evaluation, Managerial Hedging, and Contract Termination by Prof Nengjiu Ju, Shanghai Advanced Institute of Finance
24 Sep	Textual Factors: A Scalable, Interpretable, and Data-driven Approach to Analyzing Unstructured Information by Assoc Prof Lin William Cong, Cornell University
3 Sep	(Why) Do Central Banks Care about Their Profits? by Assoc Prof Martin Schmalz, University of Oxford
6 Jun	Noncausal Affine Processes with Applications to Derivative Pricing by Asst Prof Yang Lu, University of Paris 13
7 May	Crowdsourcing Financial Information to Change Spending Behavior by Asst Prof Francesco D’Acunto, Boston College
23 Apr	Wealth Redistribution in Bubbles and Crashes by Asst Prof Li An, Tsinghua University
26 Mar	Decentralizing Mining in Centralized Pools by Prof Zhiguo He, University of Chicago
12 Mar	Hedging Risk Factors by Asst Prof Alan Moreira, University of Rochester
5 Mar	Globalization, Competition and Entrepreneurial Activity: Evidence from US Households by Prof Praveen Kumar, C.T. Bauer College of Business, University of Houston
15 Feb	Impact of Venture Capital Flows on Incumbent Firms: Evidence from 70 Million Workers by Linghang Zeng, Georgia Institute of Technology
13 Feb	Sophisticated Inattention and Investor Underreaction by Jiacui Li, Stanford Graduate School of Business
01 Feb	Not All Investors Know: The Investment Value of Spamming Consumer Opinions by Dawoon Kim, Cornell University
31 Jan	Exogenous Shocks and Real Effects of Financial Constraints: Loan- and Firm-Level Evidence around Natural Disasters by Ai HE, Emory University
29 Jan	Immigration Policy and Equity Returns:Evidence from the H-1B Visa Program by Ali Sharifkhani, University of Toronto
28 Jan	Understanding the Asset Growth Anomaly by James O' Donovan, INSEAD

4 Dec	The Tragedy of Complexity by Assoc Prof Adam Zawadowski, Central European University
30 Nov	Retail Investors and the Cross-Section of Stock Returns by Assoc Prof David McLean, Georgetown University
29 Nov	Women in the Boardroom and Cultural Beliefs about Gender Roles by Dr Mengxin Zhao, U.S. Securities and Exchange Commission
20 Nov	Seasonal Reversals in Expected Stock Returns by Prof Matti Keloharju, Aalto University
13 Nov	Capital Market Anomalies and Market Research by Assoc Prof Justin Birru, The Ohio State University
8 Nov	The Costs and Benefits of Performance Fees in Mutual Funds by Prof Henri Servaes, London Business School
30 Oct	Voice of the Customers: Local Trusting Culture and Consumers' Whistle-Blowing in the Financial Services Industry by Assoc Prof Yihui Pan, University of Utah
23 Oct	Picking Friends Before Picking (Proxy) Fights: How Mutual Fund Voting Shapes Proxy Contests by Prof Alon Brav, Duke University
12 Oct	Selecting Directors Using Machine Learning by Prof Michael Weisbach, The Ohio State University
02 Oct	In Family We Trust: Clan Culture and Family Ownership in China by Assoc Prof Shu Lin, The Chinese University of Hong Kong
26 Sep	Enhancing the Development Contribution of Indonesia's State-Owned Enterprises by Dr Yougesh KHATRI, Alphanomiks Pte Ltd
24 Sep	Near-Rational Equilibria in Heterogeneous-Agent Models: A Verification Method by Asst Prof Indrajit Mitra, University of Michigan
19 Sep	Sunk-Cost Fallacy and Seller Behavior in the Housing Market by Assoc Prof Vijay Yerramilli, University of Houston
4 Sep	Find and Replace: R&D Investment Following the Erosion of Existing Products by Asst Prof Richard Thakor, University of Minnesota
20 Aug	Agricultural Insurance: Challenges and Recent Advances by Prof Ken Seng Tan, University of Waterloo
28 May	Counterparty Credit Risk and Derivatives Pricing by Prof Chu Zhang, The Hong Kong University of Science and Technology
8 May	Credit Rating Inflation and Firms' Investments by Asst Prof Chong Huang, University of California, Irvine
24 Apr	Distorted Risk Incentives from Size Threshold-Based Regulations by Prof Shane A. Johnson, Texas A&M University
17 Apr	A Microfinance View of U.S. Sovereign CDS Premiums by Assoc Prof Lukas Schmid, Duke University
10 Apr	Intergenerational Risk Sharing in Life Insurance: Evidence from France by Assoc Prof Johan Hombert, HEC Paris
20 Mar	Why Do We Miss Early Warning Signs of Crises? by Assoc Prof Chris Yung, University of Virginia
15 Mar	Two Problem in Risk Management with Basis Risk: Index Insurance: Dynamic Longevity Hedge by Jingong Zhang (Doctoral Candidate), University of Waterloo
13 Mar	Reconsidering Returns by Asst Prof Samuel Hartzmark, University of Chicago
27 Feb	The Predictability of Equity Returns from Past Returns: A New Moving Average-Based Perspective by Prof Doron Avramov, The Chinese University of Hong Kong
20 Feb	Interbank Runs: A Network Model of Systemic Liquidity Crunches by Yinan Su (Doctoral Candidate), Univeristy of Chicago
7 Feb	Capital Supply and Corporate Bond Issuances: Evidence From Mutual Fund Flows by Qifei Zhu (Doctoral Candidate), University of Texas at Austin
1 Feb	Liquidity and Longevity: Bequest Adjustments Through the Life Settlement Market by Kunal Sachdeva (Doctoral Candidate), Columbia University
30 Jan	Financial Contracting for Innovation: Property Rights in Action by Tristan J. Fitzgerald (Doctoral Candidate), University of California, Berkeley
29 Jan	Individual Stock-picking Skills in Active Mutual Funds by Yixin Chen (Doctoral Candidate), Massachusetts Institute of Technology
24 Jan	Is This Time Different? Do Bank CEOs Learn from Crisis Experience? by Yang (Gloria) Yu (Doctoral Candidate), INSEAD
23 Jan	Freedom of Choice in Pension Plans: Evidence from a Quasi-Natural Experiement by Claire Yurong Hong (Doctoral Candidate), The University of Hong Kong Science and Technology
22 Jan	Why Do Stock Exchanges Compete on Speed, and How? by Xin Wang (Doctoral Candidate), University of Illinois at Urbana-Champaign

28 Nov	Finance, Talent Allocation, and Growth by Assoc Prof Laurent Fresard, University of Maryland
14 Nov	Risk Preferences and The Macro Announcement Premium by Assoc Prof Hengjie Ai, University of Minnesota
9 Nov	Insider Trading Prior to Credit Rating Downgrades? Evidence from the European Sovereign Crisis by Prof Arturo Bris, IMD
7 Nov	The Effect of Investor Horizons on Corporate Investment Horizons by Hwanki Brian Kim (Doctoral Candidate), University of Illinois at Urbana-Champaign
2 Nov	Social Stability and Resources Allocation within Business Groups by Haikun Zhu (Doctoral Candidate), Tilburg Univeristy
24 Oct	Corporate Investment Plans and the Cross Section of Stock Returns by Asst Prof Jun Li, The University of Texas at Dallas
10 Oct	Household Responses to Social Security Policy Risk by Prof David Chapman, University of Virginia
3 Oct	Dissecting Customer Capital by Asst Prof Yan Ji, The Hong Kong University of Science & Technology
26 Sep	Paying by Donating: Corporate Donations Affiliated with Independent Directors by Assoc Prof Jun Yang, Indiana University
19 Sep	High Youth Unemployment Volatility: A Risk-based Explanation by Asst Prof Yu Xu, The University of Hong Kong
12 Sep	Dissecting Characteristics Nonparametrically by Asst Prof Michael Weber, University of Chicago
7 Jul	Selection Versus Talent Effects on Firm Value by Prof Harrison Hong, Columbia University
6 Jun	Initial Conditions and Firm Growth: Evidence from Birth-Matched IPO and Private Firms by Assoc Prof Liu Yang, University of Maryland
16 May	"Sorry, We’re Closed" Loan Conditions When Bank Branches Close and Firms Transfer to Another Bank by Prof Steven Ongena, University of Zurich
25 Apr	Inside Brokers by Asst Prof Abhiroop Mukherjee, The Hong Kong University of Science & Technology
18 Apr	Tracking Retail Investor Activity by Prof Xiaoyan Zhang, Purdue University
4 Apr	How do Smart Beta ETFs Affect the Asset Management Industry? Evidence from Mutual Trust Fund Flows by Assoc Prof Jie Cao, The Chinese University of Hong Kong
28 Mar	Equity Ownership in IPO Issuers by Brokerage Firms and Analyst Research Coverage by Asst Prof Xi Li, The Hong Kong University of Science & Technology
21 Mar	Stock Price Crashes and Equity Lending Market Condition: Evidence from Lending Fees and Fee Risk by Assoc Prof Tse-Chun Lin, The University of Hong Kong
14 Mar	Heterogeneity and Asset Prices: A Different Approach by Prof Nicolae Garleanu, University of California at Berkeley
7 Mar	Sensation Seeking, Sports Cars, and Hedge Funds by Prof Melvyn Teo, Singapore Management University
23 Feb	A Flexible State-Space Model with Application to Stochastic Volatility by Yang Lu (Doctoral Candidate), Aix-Marseille University
22 Feb	Why Do Private Acquirers Outperform Public Acquirers? by Nan Xiong (Doctoral Candidate), Shanghai Advanced Institute of Finance
21 Feb	High Dimensional Dependence Modeling with Levy Subordinated Hierarchical Archimedean Copulas (LSHAC): Theory and Applications by Wenjun Zhu (Doctoral Candidate), Nankai Univeristy
17 Feb	House prices and the allocation of consumer credit by Mingzhu Tai (Doctoral Candidate), Harvard University
16 Feb	Procyclical Finance: The Money View by Ye Li (Doctoral Candidate), Columbia Business School
14 Feb	Government Debt and Risk Premia by Yang Liu (Doctoral Candidate), University of Pennsylvania
13 Feb	Family Monitoring the Family by Prof Joseph P.H. Fan, The Chinese University of Hong Kong
8 Feb	Debt Structure as a Strategic Bargaining Tool by Yue Qiu (Doctoral Candidate), University of Minnesota
6 Feb	Knowledge constraints and firm growth by Robert Parham (Doctoral Candidate), University of Rochester
2 Feb	Heterogeneous beliefs, return extrapolation, and bias in expectations: aggregate stock return predictability by Stefano Cassella (Doctoral Candidate), Purdue University
31 Jan	How is Earnings News Transmitted to Stock Prices? by Charles Matineau (Doctoral Candidate), University of British Columbia
25 Jan	Global Macroeconomic Conditional Skewness and the Carry Risk Premium by Sunjin Park (Doctoral Candidate), University of North Carolina at Chapel Hill
24 Jan	Capital Immobility and Contagion of Bank Runs by Hyunsoo Doh (Doctoral Candidate), The University of Chicago
23 Jan	Managing Bank Run Risk: The Perils of Discretion by Zongbo Huang (Doctoral Candidate), Princeton University
18 Jan	High Funding Risk, Low Return by Sven Klinger (Doctoral Candidate), Copenhagen Business School
17 Jan	Debt in Tiered-Production Networks by Ben Charoenwong (Doctoral Candidate), University of Chicago
12 Jan	Hold-up and Investment: Empirical Evidence from Tariff Changes by Asst Prof Clemens Otto, HEC

9 Dec	Deregulation and the Cost of Public Debt by Prof Paul Malatesta, University of Washington
30 Nov	International Trade and Propagation of Merger Waves by Prof Jarrad Harford, University of Washington
25 Nov	Good Carry, Bad Carry by Asst Prof George Panayotov, Hong Univeristy of Science and Technology
24 Nov	The Term Structure of CAPM Alphas and Betas by Wayne Chang (Doctoral Candidate), USC Marshall
22 Nov	Belief Dispersion in the Stock Market by Prof Suleyman Basak, London Business School
15 Nov	The Economics of Bank Supervision by Dr David Lucca, Federal Reserve Bank of New York
14 Nov	Cash, Finanical Flexibility, and Product Prices: Evidence from a Natural Experiment in the Airline Industry by Sehoon Kim (Doctoral Candidate), The Ohio State Univeristy
10 Nov	Downward Wage Rigidity and Corporate Investment by DuckKi Cho (Doctoral Candidate), Arizona State Univeristy
8 Nov	Is There a Risk Premium in the Stock Lending Market? Evidence from Equity Options by Asst Prof Dmitriy Muravyev, Boston College
7 Nov	Household Savings and Mortgage Default by Hoonsuk Park (Doctoral Candidate), The Ohio State Univeristy
1 Nov	Style and Skill: Hedge Funds, Mutual Funds, and Momentum by Prof Mark Grinblatt, UCLA Anderson School of Management
11 Oct	Are Stocks Priced to Yield a Non-Resiliency Premium? by Prof Lin Peng, City University of New York
4 Oct	Negation of Sanctions: The personal effects of Political Contributions by Xiaoyun Yu, Indiana University
27 Sep	Optimal Carbon Abatement in a Stochastic Equilibrium Model with Climate Change by Prof Eduardo Schwartz, University of California, Los Angeles
13 Sep	The Power of Silent Voices: Employee Satisfaction and Acquirer Stock Performance by Prof Sea-Jin Chang, NUS
23 Aug	Earnings and the Value of Voting Rights by Asst Prof Oguzhan Karakas, Boston College
16 Aug	Sectoral Concentration, Bank Performance and Systemic Risk: Exploring Cross-Country Variation by Prof Thorsten Beck, Cass Business School, London
20 Jul	Investment under Uncertainty and the Value of Real and Financial Flexibility by Prof Neng Wang, Columbia University
5 Jul	Why did Investment-Cash Flow Sensitivity Disappear? International Evidence by Prof Lilian Ng, York University
1 Jun	Swimming Upstream: Struggling Firms in Corrupt Cities Prof Sheridan Titman, University of Texas at Austin
31 May	Value or Growth? The Pricing of Idiosyncratic Cash-Flow Risk with Heterogeneous Beliefs by Prof Michael Gallmeyer, University of Virginia
20 May	Employee-Manager Alliances and Shareholder Returns from Acquisitions by Prof Ronald Masulis, UNSW
3 May	Elephant in the Room: the Impact of Labor Obligations on Credit Risk by Asst Prof Xiaoji Lin, Ohio State University
5 Apr	Breakthroughs, Deadlines, and Self-Reported Progress: Contracting for Multistage Projects by Asst Prof Brett Green, UC Berkeley
29 Mar	Stock Returns Over the FOMC Cycle by Asst Prof Anna Cieslak, Duke University
22 Mar	Portfolio Tax Trading with Carry-Over Losses by Asst Prof Chunyu Yang, Norwegian Business School
15 Mar	A Dynamic Equilibrium Model of ETFs by Assoc Prof Semyon Malamud,Ecole Polytechnique Federale de Lausanne
3 Mar	Selective Disclosure: The Case of Nikkei Preview Articles by Prof Yasushi Hamao, Yale School of Management
18 Feb	Some Recent Advances on RiskMeasure Based Approach to Optimal Reinsurance by Prof Ken Seng Tan, University of Waterloo
16 Feb	Disagreement Inflation and the Yield Curve by Asst Prof Philipp Illeditsch, University of Pennsylvania
17 Feb	TRACEable or Not: The Effect of post-Trade Transparency in Over-The-Counter Markets by Ayan Bhattacharya (Doctoral Candidate), Cornell University
11 Feb	Portfolio Management Pressure by Huaizhi Chen (Doctoral Candidate), London School of Economics & Political Science
5 Feb	Unemployment and Credit Risk by Hang Bai (Doctoral Candidate), Ohio State University
3 Feb	Distress Risk and Risk Premia: Evidence from the Crude Oil Market by Carlos Zurita (Doctoral Candidate), University of Houston
2 Feb	Investor Behavior and Financial Innovation: Callable Bull/Bear Contracts by Prof Avanidhar Subrahmanyam, UCLA
29 Jan	Equilibrium Asset Prices and Manager's Contracts: An Application to Private Equity Fund by Byeong-Je An (Doctoral Candidate), Columbia Business School
28 Jan	Corporate Saviangs, Investment, and Financing with Aggregate Uncertainty Shocks by Guojun Chen (Doctoral Candidate), Columbia Business School
26 Jan	Optimizing "Optimal Portfolio Choice" by Jin Yong (Doctoral Candidate), University of Florida
22 Jan	How Costly are External Financing and Agency for Private Firms? by Xiong Nan (Doctoral Candidate), Carnegie Mellon University

9 Dec	Deregulation and the Cost of Public Debt by Prof Paul Malatesta, University of Washington
30 Nov	International Trade and Propagation of Merger Waves by Prof Jarrad Harford, University of Washington
25 Nov	Good Carry, Bad Carry by Asst Prof George Panayotov, Hong Univeristy of Science and Technology
24 Nov	The Term Structure of CAPM Alphas and Betas by Wayne Chang (Doctoral Candidate), USC Marshall
22 Nov	Belief Dispersion in the Stock Market by Prof Suleyman Basak, London Business School
15 Nov	The Economics of Bank Supervision by Dr David Lucca, Federal Reserve Bank of New York
14 Nov	Cash, Finanical Flexibility, and Product Prices: Evidence from a Natural Experiment in the Airline Industry by Sehoon Kim (Doctoral Candidate), The Ohio State Univeristy
10 Nov	Downward Wage Rigidity and Corporate Investment by DuckKi Cho (Doctoral Candidate), Arizona State Univeristy
8 Nov	Is There a Risk Premium in the Stock Lending Market? Evidence from Equity Options by Asst Prof Dmitriy Muravyev, Boston College
7 Nov	Household Savings and Mortgage Default by Hoonsuk Park (Doctoral Candidate), The Ohio State Univeristy
1 Nov	Style and Skill: Hedge Funds, Mutual Funds, and Momentum by Prof Mark Grinblatt, UCLA Anderson School of Management
11 Oct	Are Stocks Priced to Yield a Non-Resiliency Premium? by Prof Lin Peng, City University of New York
4 Oct	Negation of Sanctions: The personal effects of Political Contributions by Xiaoyun Yu, Indiana University
27 Sep	Optimal Carbon Abatement in a Stochastic Equilibrium Model with Climate Change by Prof Eduardo Schwartz, University of California, Los Angeles
13 Sep	The Power of Silent Voices: Employee Satisfaction and Acquirer Stock Performance by Prof Sea-Jin Chang, NUS
23 Aug	Earnings and the Value of Voting Rights by Asst Prof Oguzhan Karakas, Boston College
16 Aug	Sectoral Concentration, Bank Performance and Systemic Risk: Exploring Cross-Country Variation by Prof Thorsten Beck, Cass Business School, London
20 Jul	Investment under Uncertainty and the Value of Real and Financial Flexibility by Prof Neng Wang, Columbia University
5 Jul	Why did Investment-Cash Flow Sensitivity Disappear? International Evidence by Prof Lilian Ng, York University
1 Jun	Swimming Upstream: Struggling Firms in Corrupt Cities Prof Sheridan Titman, University of Texas at Austin
31 May	Value or Growth? The Pricing of Idiosyncratic Cash-Flow Risk with Heterogeneous Beliefs by Prof Michael Gallmeyer, University of Virginia
20 May	Employee-Manager Alliances and Shareholder Returns from Acquisitions by Prof Ronald Masulis, UNSW
3 May	Elephant in the Room: the Impact of Labor Obligations on Credit Risk by Asst Prof Xiaoji Lin, Ohio State University
5 Apr	Breakthroughs, Deadlines, and Self-Reported Progress: Contracting for Multistage Projects by Asst Prof Brett Green, UC Berkeley
29 Mar	Stock Returns Over the FOMC Cycle by Asst Prof Anna Cieslak, Duke University
22 Mar	Portfolio Tax Trading with Carry-Over Losses by Asst Prof Chunyu Yang, Norwegian Business School
15 Mar	A Dynamic Equilibrium Model of ETFs by Assoc Prof Semyon Malamud,Ecole Polytechnique Federale de Lausanne
3 Mar	Selective Disclosure: The Case of Nikkei Preview Articles by Prof Yasushi Hamao, Yale School of Management
18 Feb	Some Recent Advances on RiskMeasure Based Approach to Optimal Reinsurance by Prof Ken Seng Tan, University of Waterloo
16 Feb	Disagreement Inflation and the Yield Curve by Asst Prof Philipp Illeditsch, University of Pennsylvania
17 Feb	TRACEable or Not: The Effect of post-Trade Transparency in Over-The-Counter Markets by Ayan Bhattacharya (Doctoral Candidate), Cornell University
11 Feb	Portfolio Management Pressure by Huaizhi Chen (Doctoral Candidate), London School of Economics & Political Science
5 Feb	Unemployment and Credit Risk by Hang Bai (Doctoral Candidate), Ohio State University
3 Feb	Distress Risk and Risk Premia: Evidence from the Crude Oil Market by Carlos Zurita (Doctoral Candidate), University of Houston
2 Feb	Investor Behavior and Financial Innovation: Callable Bull/Bear Contracts by Prof Avanidhar Subrahmanyam, UCLA
29 Jan	Equilibrium Asset Prices and Manager's Contracts: An Application to Private Equity Fund by Byeong-Je An (Doctoral Candidate), Columbia Business School
28 Jan	Corporate Saviangs, Investment, and Financing with Aggregate Uncertainty Shocks by Guojun Chen (Doctoral Candidate), Columbia Business School
26 Jan	Optimizing "Optimal Portfolio Choice" by Jin Yong (Doctoral Candidate), University of Florida
22 Jan	How Costly are External Financing and Agency for Private Firms? by Xiong Nan (Doctoral Candidate), Carnegie Mellon University

18 Nov	The Role of Institutional Investors in Voting: Evidence from the Securities Lending Market by Asst Prof Pedro Saffi, University of Cambridge
11 Nov	Protection of Trade Secrets and Capital Structure Decisions by Assoc Prof Hernan Ortiz-Molina, University of British Columbia
4 Nov	Do Cash Flows of Growth Stocks Really Grow Faster? by Assoc Prof Jason Chen, Texas A&M University
28 Oct	The Bright Side of Cash Holdings: Innovation Efficiency by Prof K.C. John Wei, Hong Kong University of Science & Technology
21 Oct	Motivated Monitors: The Importance of Institutional Investors' Portfolios Weights by Prof Jarrad Harford, University of Washington
14 Oct	Making It to the Top Ten: From Female Labor Force Participation to Boardroom Gender Diversity by Prof Renee Adams, University of New South Wales
9 Oct	The Effect of Forced Refocusing on the Value of Diversified Business Groups by Prof John G. Matsusaka, University of Southern California
30 Sep	Corporate Environmental Responsibility and Firm Performance Around the World by Prof Kwangwoo Park, KAIST (Korea)
23 Sep	Do Shocks to Risk Aversion Affect Risk-taking in Delegated Portfolios? by Asst Prof Scott Yonker, Indiana University
16 Sep	Do Unions Affect Innovation? by Assoc Prof Xuan Tian, Indiana University
9 Sep	Taxes and Leverage at Multinational Corporations by Assoc Prof Michael Faulkender, University of Maryland
2 Sep	Organizational Form and Firm Performance: Evidence from the 'Death Sentence' Clause of the Public Utility Act of 1935 by Asst Prof Francisco Perez-Gonzalez, Stanford University
26 Aug	Salient Experience of Environmental Disaster Explains Social Responsibility Attitudes Later in Life Prof Henrik Cronqvist, China Europe International Business School (CEIBS)
20 Aug	Technological Competition and Strategic Alliances by Prof Kai Li, University of British Columbia
12 Aug	Corporate Transparency and Bond Liquidity by Prof Roland Fuess, University of St. Gallen
22 Jul	Less is More: Financial Constraints and Innovative Efficiency by Assoc Prof Paul Hsu, University of Hong Kong
08 Jul	Financial Institutions, Aggregate Liquidity Provision, and Contagion Risk by Prof Zhongyan Zhu, Chinese University of Hong Kong
18 Jun	CEO Narcissism and the Takeover Process: From Private Initiation to Deal Completion by Asst Prof Chunyu Yang, Norwegian Business School
17 Jun	Debt, Taxes, and Liquidity by Assoc Prof Hui Chen, MIT Sloan School of Management
9 Jun	Patent Trolls by Assoc Prof Umit Gurun, University of Texas at Dallas
3 Jun	Noise Trader Risk and Hedge Fund Returns by Prof Bing Han, University of Toronto
27 May	The Impact of Venture Capital Monitoring: Evidence from a Natural Experiment by Asst Prof Xavier Giroud, MIT Sloan School of Management
20 May	The Real Effects of Credit Ratings: The Sovereign Rating Channel by Prof Heitor Almeida, University of Illinois
14 May	What a Difference a Ph.D. Makes: More than Three Little Letters by Assoc Prof Joshua Pollet, University of Illinois at Urbana-Champaign
6 May	Should Exchanges Impose Market Maker Obligations? by Prof Kumar Venkataram, Southern Methodist University
29 Apr	Who Wants to be an Entrepreneur? by Prof Andrei Simonov, Michigan State University
22 Apr	Unfriendly Creditors: Debt Covenants and Board Independence by Prof Daniel Ferreira, London School of Economics
14 Apr	Executive Overconfidence and Compensation Structure by Prof Vikram Nanda, Rutgers Business School
8 Apr	Analysts' Expertise in Stock Picking: Older, Slower and Wiser by Prof Kent Womack, University of Toronto
1 Apr	Bid-Ask Spreads and the Pricing of Securitizations: 144a vs. Registered Securitizations by Prof Burton Hollifield, Carnegie Mellon University
21 Mar	The Dark Side of ETFs by Assoc Prof Utpal Bhattacharya, Indiana University
20 Mar	Under One Roof: A Study of Simultaneously Managed Hedge Funds and Funds of Hedge Funds by Prof Vikas Agarwal, Georgia State University
7 Mar	Valuing Changes in Poilitical Networks: Evidence from Campaign Contributions to Close Congressional Elections by Pat Akey, London Business School
28 Feb	Does Analyst Coverage Affect Tax Avoidance? Evidence from Natural Experiments by Tao Chen, Chinese University of Hong Kong
13 Feb	Asset Growth and Stock Market Returns: A Time Series Analysis by Quan Wen, Emory University
7 Feb	Predation and Rivalry: Evidence from Retail Industry by Bomi Lee, University of Texas at Austin
4 Feb	Bribes and Firm Value by Stefan Zeume, Columbia Business School
29 Jan	Multiple Testing in Economics by Yan Liu, Duke University
27 Jan	Procyclical Credit Rating Policy by Jun Kyung Auh, Columbia Business School
23 Jan	Collateral and the Choice Between Bank Debt and Public Debt by Leming Lin, University of Florida
21 Jan	Banks' Equity Stakes and Lending: Evidence from a Tax Reform by Bastian von Beschwitz, INSEAD

17 Oct	Bank Lending Relationships and use of the Performance-Sensitive Debt by Dr Tim Adam, Humboldt University
8 Oct	Employment and Wage Insurance within Firms: Worldwide Evidence by Dr Marco Pagano, University of Naples Federico II
1 Oct	Asset Pricing: A Tale of Two Days by Dr Pavel Savor, Wharton University of Pennsylvania
17 Sep	Can Short Selling Help Correct Under-Pricing? by Dr Byoung-Hyoun Hwang, Purdue University
10 Sep	The Value of Financial Advice by Dr Juhaini Liannainmaa, University of Chicago
5 Sep	Illiquidity Premia in the Equity Options Market by Dr Peter Christoffersen, University of Toronto
22 Aug	Are Institutional Investors Truly Skilled or Merely Opportunistic? by Dr Johan Sulaeman, Southern Methodist University
13 Aug	Innovative Firms and the Endogenous Choice of Stock Liquidity by Dr Vikram Nanda, Georgia Tech
9 Jul	Consumption and Debt Response to Fiscal Stimuli: Evidence from Large Panel of Consumers of Singapore by Dr Sumit Agarwal , NUS
4 Jul	The Impact of C0-Location of Securities Exchanges' and Traders' Computer Servers on Markets Liquidity by Dr Robert Webb, University of Virginia
27 Jun	Insurance Risk & Research Conference 2013
18 Jun	The Behavior of Investor Flows in Corporate Bond Mutual funds by Dr Chen Yong, Texas A&M University
11 Jun	Is "Sentiment" Sentimental? by Dr Zhang Xiaoyan, Purdue University
4 Jun	Inefficient Investment Waves by Dr He Zhiguo, The University of Chicago
28 May	Synthetic or Real? The Equilibrium Effects of Credit Default Swaps on Bonds Markets by Dr Martin Oehmke, Columbia University
17 May	Agency Problems of Corporate Philanthropy by Dr Ron Masulis
14 May	The Higher They Fly, The Harder They Fall by Dr Yu Jia Lin
7 May	Common Errors: How to (and Not to) Control for Unobserved Heterogeneity by Dr Todd Gormley
30 Apr	Cultural Proximity and The Processing of Financial Information by Dr Yu Xiaoyun
23 Apr	Fire Sales and House Prices: Evidence from Estate Sales due to Sudden Death by Dr Kasper Neilson, HKUST
16 Apr	Predicting Time-varying Value Premium Using the Implied Cost of Capital: Implications for Countercyclical Risk, Mispricing and Style Investing by Dr Bhaskaran Swaminathan
11 Apr	Why Do Term Structures in Different Currencies Comove? by Dr Christian Lundblad
2 Apr	Do Acquisitions Relieve Target Firms' Financial Constraints? by Dr Isil Erel
12 Mar	Using Equity Options to Obtain Forwarding-Looking Equity Betas- with an Application to the Commodity Markets by Dr Ehud I. Ronn
19 Feb	International Evidence on Algorithmic Trading by Dr Ekkehart Boehmer, EDHEC Business School
18 Jan	Contagious Runs in Money Market Funds and the Impact of a Government Guarantee by Dr Hugh Hoikwang Kim

10 Dec	Do Higher Paid CEOs Weather The Storm Better? Evidence from the Great Recession by Dr Song Wei Ling, Louisiana Stat University
27 Nov	Cross-Border Mergers and Acquisitions: The Role of Private Equity Firms by Dr Mark Humphrey, University of New South Wales
20 Nov	Does the Tail Wag the Dog? The Effect of Credit Default Swaps on Credit Risk by Dr Dragon Tang, University of Hong Kong
19 Nov	Leveling the Playing Field: Financial Regulation and Disappearing Local Bias of Institutional Investors by Dr Benile Gennaro, University of Miami
9 Nov	Beating the Target: A Closer Look at Annual Incentives Plans by Dr Yang Jun, Indiana University
6 Nov	Do Analysts' Preferences Affect Corporate Policies? by Dr Ambrus Kecskes, Virgina Tech
23 Oct	Misvaluation and Return Anomalies in Distressed Stocks by Dr Amit Goyal, Emory University
16 Oct	The Sum of All Seasonalities by Dr Matti Keloharju, Aalto University
12 Oct	NTU-SGX Richard Sandor Finance and Sustainbility Seminar at NTU
9 Oct	The Real Effects of Shor-Selling Constraints by Dr Gustavo Grullon, RICE University
5 Oct	Provision of Management Incentives in Bankrupt Firms by Dr Vidhan, Hong Kong University
25 Sep	Do Institutional Investors Influence Capital Structure Decisions? by Dr Roni Michaely, Johnson Cornell University
7 Sep	Taxes and Capital Structure by Dr Mara Faccio, Purdue University
28Aug	Understanding the Incentives of Commissions Motivated Agents: Theory and Evidence from the Indian Life Insurance Market by Dr Shawn Cole, Havard Business School
7 Aug	Worldwide Reach of Short Selling Regulations. Strategic Liquidity Supply in a Market with Fast and Slow Traders by Dr Thomas McInish, University Memphis
20 jul	Firm Mortability and natal Financial Care by Dr Utpal Bhattacharya, Indiana University
6 Jun	The Governance Workshop by Dr Paul Malatesta, University of Washington
26 Jun	Junior Faculty Session by Dr Paul Malatesta, University of Washington
25 Jun	Insurance Risk & Research Conference
19 Jun	Corporate Ownership Structure and The Choice Between Bank Debt and Public Debt by Dr Paul Malatesta, University of Washington
1 Jun	Why do Individuals Exhibit Investment Biases? by Dr Henrik Cronqvist, Claremont Mckenna
25 Jun	Cross- Market Timing in Security Issuance by Dr Dong Lou, London School of Economics
22 May	Strategic Mutual Fund Tournaments by Dr Joe Chen, UC Davis
15 May	Revisiting the Bright and Dark Sides of Captial Flows in Business Groups by Dr Li Jin, Harvard Business School
8 May	Shareholder Participation and Rights Offerings: New Findings for an Old Puzzle by Dr Clifford Holderness, Boston College
3 May	Networks and Productivity: Casual Evidence from Editors Rotations Dr Joey Engelberg, University of North Carolina
24 Apr	The Maturing of the Private Placement Market by Dr Mark Huson, University of Alberta-School of Business
20 Apr	Paying Attention: Online Account Look-ups and Information-Dependent Utility by Dr Duane Seppi, Tepper School of Business Carnegie Mellon
9 Apr	Esscher Transform Pricing of Options Under Discrete Time Regime-Switching by Mr Chao Qiu, University of Waterloo
3 Apr	Political Uncertainty and Public Financing Costs: Evidence from U.S. Municipal Bond Markets by Dr Pengjie Gao, University of Notre Dame
27 Apr	Strategic Cash Holdings and R&D Compettition: Theory and Evidence by Dr Evgeny Lyandres, Boston University
14 Mar	Urban Vibrancy and Corporate Growth by Dr Sheridan Titman, The University of Texas at Austin
13 Mar	Redefining Financial Constraints: a Text-Based Analysis by Dr Gerard Hoberg, University of Maryland
8 Mar	Strategic Performance Allocation in Institutional Asset Management Firms: Behold the Power of Stars and Dominant Clients by Dr Zoran Ivkovich, Michigan State University
24 Feb	Regulatory Supervision and Informed Trading by Dr David Reeb, Temple University
16 Feb	Competition and Analyst Coverage by Dr Zhang Huai, Nanyang Technological University
7 Feb	Dating the Timeline of Financial Bubbles During the Subprime Crisis by Dr Yu Jun, SMU
18 Jan	A Comparison of Board Structure in Public and Private US Firms by Dr Gao Huasheng, Nanyang Technological University

29 Nov	Do the interests of public pension fund and labour union activists align with other shareholders? Evidence from the market for directors by Dr Diane Del Guercio, University of Oregon
15 Nov	The Real Effects of Financial Shocks: Evidence from Exogenoous Changes in Analyst Coverage by Dr Francois Derrien
1 Nov	Insider Trading Restrictions and Top Executive Compensation by Dr David J. Denis, University of Pittsburgh
18 Oct	Topic: To be advised by Dr Li Jin, Harvard Business School
8 May	Equity Yields by Dr Ralph Koijen, University of Chicago
11 Oct	Liquidity Shocks and CDS Spreads by Dr Hong Yan, University of South Carolina
10 Oct	Internal Models by Dr Michel Dacorogna, SCOR
27 Sep	The Risk-Shifting Hypothesis: Evidence from Subprime Originations by Dr Evgeny Lyandres, Boston University
13 Sep	Are Acquisitions Unique? Evidence of the Pedestrian Nature of Post-Merger Returns by Dr Michael Schill, University of Virgina
6 Sep	CEO Preferences and Acquisitions by Dr Dirk Jenter, Stanford University
1 Sep	Debt Specialization by Dr Kai Li, University of British Columbia
24 Feb	Regulatory Supervision and Informed Trading by Dr David Reeb, Temple University
11 Aug	Employment Protection Laws and Privatization by Dr William Megginson, University of Oklahoma
16 Jun	Innovative Efficiency and Stock Returns by Dr David Hirshleifer, University of California, Irvine
7 Jun	Endogenous Liquidity in Credit Derivatives by Dr Fan Yu, Claremont McKenna College
24 May	A Theory of Capital Structure, Price Impact, and Long-run Stock Returns under Heterogeneous Beliefs by Dr Thomas J Chemmanur, Boston College
16 May	Do Non-Executive Employees have Information? Evidence from Employee Stock Purchase Plans. by Dr Ilona Babenka, Arizona State University
13 May	The Propensity to Save and Incentives to Reduce Debt by Dr Yuri Tserlukevich, Arizona State University
10 May	Fee Dispersion and Persistence in the Mutual Fund Industry by Dr Michael Lemmon, University of Utah
5 May	What Makes Privatization Work? Evidence from a Large-Scale Nationwide Survey of Chinese Firms by Dr Jie Gan, Cheung Kong Graduate School of Business
26 Apr	IQ and Stock Market Trading by Dr Mark Grinblatt, UCLA
21 Apr	Complex Mortgages by Dr Clemens Sialm, University of Texas at Austin
6 Apr	This Time is the Same: Using the Events of 1998 to Explain Bank Returns During the Financial Crisis by Dr Ruediger Fahlenbrach, Ecole Polytechnique Fédérale de Lausanne
8 Mar	Board Structure and Monitoring: New Evidence from CEO Turnover by Mr Lixiong Guo, Vanderbilt University
14 Feb	The Term Structure of Recovery Rates by Mr Hitesh Doshi, McGill University
11 Feb	Time-to-Produce, Inventory, and Asset Prices by Mr Zhanhui Chen, Texas A&M University
9 Feb	How Does Illiquidity Affect Delegated Portfolio Choice? by Mr Luis Goncalves-Pinto, University of Southern California
7 Febr	Equity Issuance and Returns to Distressed Firms by Mr James Park, University of Pennsylvania
31 Jan	Limits to Arbitrage and Commodity Index Investment: Front-Running the Goldman Roll by Mr Hitesh Doshi, McGill University
28 Jan	The Role of Activist Hedge Funds in Distressed Firms by Ms Jongha Lim, Ohio State University
27 Jan	Do Foreign Institutions Improve Stock Liquidity? by Mr Chishen Wei, University of Texas at Austin
25 Jan	Does Takeover Activity Cause Managerial Discipline? Evidence from International M&A Laws by Dr Ugur Lel, Federal Reserve Board, Washington, DC
19 Jan	CEO Contract Horizon and Investment by Ms Moqi Xu, INSEAD

7 Dec	Local Director Talent and Board Composition by Dr Diane Del Guercio, University of Oregon
30 Nov	Frog in the Pan: Continuous Information and Momentum by Dr Mitchell Craig Warachka, Singapore Management University
23 Nov	Do Firms Have a Target Leverage? Evidence from Credit Markets by Dr Anand Vijh, University of Iowa
19 Nov	Hedge Fund R2: What's Under the Hood? by Dr Nicolas Bollen, Vanderbilt University
12 Oct	The Use of Credit Default Swaps by U.S. Fixed-Income Mutual Funds by Dr Tim Adam, Humboldt-Universität zu Berlin
28 Sep	Experience-Based Beliefs by Dr Anjan Thakor, Washington University
31 Aug	What Drives Stock Price Movement by Dr Long Chen, Washington University
6 Aug	Optimal Liquidity Policy by Dr Jennifer Huang, University of Texas at Austin
22 Jul	An Empirical Investigation of Corporate Governance by Dr Rajesh Aggarwal, University of Minnesota
20 Jul	Globalizing the Boardroom - The Effects of Foreign Directors on Corporate Governance and Firm Performance by Dr Ronald Masulis, UNSW Australia
16 Jul	Firm Investment and Stakeholder Choices: A Top-Down Theory of Capital Budgeting by Dr Sheridan Titman, University of Texas at Austin
7 Jul	Does the Stock Market Harm Investment Incentive? by Dr Alexander Ljungqvist, New York University
16 Jun	Short Arbitrage, Return Asymmetry and the Accrual Anomaly by Dr David Hirshleifer, University of California, Irvine
8 Jun	The Price Impact of Large Hedging Trades by Dr Neil Pearson, University of Illinois at Urbana-Champaign
26 May	Temperature, Aggregate Risk, and Expected Returns by Dr Ravi Bansal, Duke University's Fuqua School of Business
18 May	Modeling Financial Contagion Using Mutually Exciting Jump Processes by Dr Yacine Ait-Sahalia, Princeton University
4 May	Stock Options and Managerial Incentives for Risk-Taking: Evidence from FAS 123R by Dr Michael Lemmon, University of Utah
30 Apr	Advertising, Investor Recognition, and Stock Returns by Dr An Yan, Fordham University
22 Apr	SEO Risk Dynamics by Dr Ronald Giammarino, University of British Columbia
8 Apr	Discount or Premium? Diversification, Firm Value, and Capital Budgeting Efficiency by Dr Fei Ding, Hong Kong University of Science & Technology
22 Mar	Do Fund Managers Try to Mislead Investors? Evidence from Year-End Trades by Dr Jeffrey Pontiff, Boston College
12 Mar	Optimal Allocation between Fixed and Variable Subaccounts in Variable Annuities by Jin Gao, Georgia State University
11 Mar	Determinants of Insurers' Reputational Risk by Shinichi Kamiya, University of Wisconsin-Madison
5 Mar	Corporate Debt Maturity and the Real Effects of the 2007 Credit Crisis by Dr Scott Weisbenner, University of Illinois
3 Mar	Do Fund Managers Try to Mislead Investors? Evidence from Year-End Trades by Dr Jeffrey Pontiff, Boston College
22 Feb	Product Market Competition and the Disclosure of Information about Customers by Dr Edward Fee, Michigan State University
10 Feb	Asset Fire Sales, Liquidity Provision, and Mutual Fund Performance by Dr Hanjiang Zhang, University of Texas at Austin
9 Feb	Informational vs. Risk-Sharing Trade: A New Perspective on Home Bias by Xi Dong, Boston College
8 Feb	What Death Can Tell: Are Executives Paid for Their Contribution to Firm Value? by Jie He, Boston College
5 Feb	Abnormal Volume in Large Trades and the Cross-Section of Expected Stock Returns by Qing Tong, Emory University
2 Feb	IPO Waves, Product Market Competition, and the Going Public Decision: Theory and Evidence by Dr Nguyen Dang Bang, Chinese University of Hong Kong
15 Jan	Corporate Market Investments by Dr Craig O. Brown, Baruch College, City University of New York

3 Dec	Monotonocity of the stochastic discount factor and expected option returns by Dr Mark Schroder, Michigan State University
26 Nov	The CAPM Relation for Inefficient Portfolios by Dr David Feldman, University of New South Wales
17 Nov	Commodity Dependence and Aggregate Risk by Dr Timothy C. Johnson, University of Illinois
3 Nov	Local Oligopolies and IPO Underwriting by Dr Jay Ritter, University of Florida
21 Oct	Risk and the Cross-Section of Stock Returns by Dr Mark Seasholes, Hong Kong University of Science & Technology
15 Oct	Bonus-Driven Repurchases by Dr Jarrad Harford, University of Washington
6 Oct	Liquidity Risk of Corporate Bond Returns by Dr Sreedhar Bharath, University of Michigan
29 Sep	Performance for pay? The Relationship between CEO Incentive Compensation and Future Stock Price Performance by Dr Huseuyin Gulen, Purdue University
15 Sep	Finding Bernie Madoff: Detecting Fraud by Investment Managers by Dr Stephen G. Dimmock, Michigan State University
8 Sep	The Pay Divide: (Why) Are U.S. Top Executives Paid More? by Dr Matos Pedro, University of Southern California
4 Sep	The world price of liquidity risk by Dr Kuan Hui Lee, Rutgers University
3 Sep	Does the Stock Market Harm Investment Incentive? by Dr David Hirshleifer, University of California, Irvine
28 Aug	Cultural Evolutionary Economics and Finance by Dr David Hirshleifer, University of California, Irvine
18 Aug	Structural VAR and Finance by Dr Lee Bong-Soo, Florida State University
7 Aug	Analyst Forecast Consistency by Dr Gilles Hilary, HEC.
24 Jul	Incomplete Contracting Models in Finance: An Introduction by Dr Thomas Noe, Said Business School, University of Oxford
23 Jul	Regulatory Pressure and Fire Sales In the Corporate Bond Market by Dr Jotikasthira, Pab, University of North Carolina.
21 Jul	Asymmetric Information and Corporate Finance by Dr Thomas Noe, Said Business School, University of Oxford
17 Jul	Local Dividend Clienteles by Dr Scott Weisbenner, University of Illinois
16 Jul	Credit Rating Targets by Dr Sheridan Titman, University of Texas
30 Jun	What Does CEOs' Personal Leverage Tell Us About Corporate Leverage? by Dr Anil Makhija, Fisher College of Business, Dr Mona Makhija, Fisher College of Business
12 May	Commonality in Returns, Liquidity, and Turnover Around the World by Dr Andrew Karolyi, Ohio State University
30 Apr	Corporate Lobbying and Fraud Detection by Dr Frank Yu, Barclays Global Investors, San Francisco
27 Apr	Do Cultural Differences Between Contracting Parties Matter? Evidence from Syndicated Bank Loans by Dr Yishay Yafeh, The Hebrew University
14 Apr	Intermediated Investment Management by Dr Neal Stoughton, University of New South Wales
8 Apr	Is there a trend in Idiosyncratic Volatility? by Dr Xiaoyan Zhang, Cornell University
6 Apr	The Kelly Criterion and its variants: theory and practice in sports, lottery, futures and options trading and The symmetric downside Sharpe ratio and the evaluation of great investors and speculators and their use of the Kelly criterion. by Dr William T. Ziemba, University of British Columbia
5 Mar	Forecasting and Rational Behaviour in Financial Markets by Dr W. B. Arthur, Santa Fe Institute
27 Feb	Topics in Corporate Governance by Mr Hitesh Doshi, McGill University
28 Jan	The Role of Activist Hedge Funds in Distressed Firms by Dr Philip H. Dybvig, Washington University, St. Louis
24 Feb	Why Do Foreign Firms Leave U.S. Equity Markets? An Analysis of Deregistrations Under SEC Exchange Act Rule 12h-6 by Dr Craig Doidge, Rotman School of Management
23 Feb	Does Credit Supply Drive the LBO Market? by Yihui Wang, University of North Carolina
17 Feb	Underconditioning and Overconditioning: Testing the Conditional CAPM and the Conditional Fama-French Three-Factor Model by Yan Li, Cornell University
11 Feb	Omitted Markets, Idiosyncratic Risk, and the Cross-Section of Stock Returns by Darwin Choi, Yale School of Management
5 Feb	Hedge Fund Activism in Leveraged Buyouts by Jiekun Huang, Boston College
4 Feb	Effort, Risk and Walkaway Under High Water Mark Contracts by Sugata Ray, University of Pennsylvania
23 Jan	CEO Characteristics, CEO-Firm Match and Corporate Refocus Value by Sheng Huang, Washington University at St. Louis
19 Jan	Optimal Compensation Contract When Managers Can Hedge by Huasheng Gao, University of British Columbia
15 Jan	Failure Risk and the Cross-Section of Hedge Fund Returns by Jung-Min Kim, Ohio State University
13 Jan	Default Probability and Forward Looking Performance Evaluation in Forced Turnover of CEO and CFO by Andy (Young Han) Kim, University of Minnesota

25 Nov	Dynamic Mean-Variance Asset Allocation by Dr Suleyman Basak, London Business School
20 Nov	Why Do Firms Pay Cash in Acquisitions? Evidence from a Catering Perspective by Lei Zhang, INSEAD, France
18 Nov	Why Does the Reaction to News Announcements Vary Across Countries? by Dr John Griffin, University of Texas at Austin
11 Nov	Managerial Decisions, Asset Liquidity and Stock Liquidity by Dr Ohad Kadan, Washington University at St Louis
5 Nov	Persistence in Trading Cost; An Analysis of Institutional Equity Trades by Dr Venkataraman Kumar, Southern Methodist University
4 Nov	Estimating a Model of Real and Nominal Term Structure Using Treasury Yields, Inflation Forecasts and Inflation Swap Rates by Dr George Pennacchi, University of Illinois at Urbana-Champaign
24 Oct	Corporate Political Cycles by Dr Youngsuk Yook, Sungkyunkwan University, Korea
21 Oct	Where did all the dollars go? The Effect of Cash Flow Shocks on Capital and Asset Structure by Sudipto Dasgupta, Hong Kong University of Science & Technology
13 Oct	Measuring the Timing Ability of Fixed Income Mutual Funds by Dr Wayne Ferson, University of Southern California
9 Oct	Stock Market Declines and Liquidity by Dr Allaudeen Hameed, National University of Singapore
3 Oct	Limit Order Markets: A Survey by Dr Duane J. Seppi, Carnegie Mellon University
23 Sep	The Age of Reason: Financial Decisions Over the Lifecycle by Dr Sumit Agarwal, Federal Reserve Bank of Chicago
19 Sep	Cross-Sectional Stock Option Pricing and Factor Models of Returns by Dr Duane Seppi, Carnegie Mellon University
16 Sep	Assessing the Costs and Benefits of Brokers-Exploring neural, behavioral and emotional explanations for broker use by Dr Duane Seppi, Carnegie Mellon University
7 Aug	Analyst Forecast Consistency by Dr John Chalmers, University of Oregon
11 Sep	CAPM for Estimating the Cost of Equity Capital: Interpreting the Empirical Evidence by Dr Ravi Jagannathan, Northwestern University
2 Sept	WhyDo Firms with High Idiosyncratic Volatility and High Trading Volume Volatility Have Low Return? by Prof Hwang Chuan-Yang, Nanyang Technological University
25 Aug	A Tour of Behavioral Finance by Dr David Hirshleifer, University of California at Irvine
18 Aug	Product Market Efficiency: The Bright Side of Myopic, Uninformed and Passive External Finance by Dr Thomas Noe, Oxford University
13 Aug	Product Market Efficiency: The Bright Side of Myopic, Uninformed and Passive External Finance by Dr Thomas Noe, Oxford University
Jul 21	The High Idiosyncratic Volatility Low Return Puzzle by Dr Kevin Wang, University of Toronto
Jul 16	Fear of the Unknown: Familiarity and Economic Decisions by Dr Bing Han, University of Texas at Austin
Jul 11	How Much of the Corporate-Treasury Yield Spread is due to Credit Risk? A Credit Spread Puzzle by Dr Jingzhi Huang, Pennsylvania State University
Jul 9	Credit Default Swap Market Liquidity and Corporate Yield Spreads by Dr Wu Chunchi, University of Missouri-Columbia
Jun 18	Are All Inside Directors the Same? CEO Entrenchment or Board Enhancement. by Dr Ronald W. Masulis, Vanderbilt University
Jun 17	Average Correlation and Stock Market Returns by Dr Mungo Wilson, Hong Kong University of Science & Technology
Jun 13	How Do Large Banking Organizations Manage Their Capital Ratios? by Dr Mark Flannery, University of Florida
May 14	On the Information Role of Stock Recommendation Revisions by Dr Robert S. Hansen, Tulane University.
May 12	Investment, Financing Activities and the Predictability of Stock Returns by Dr Jason Karceski, University of Florida
May 6	Old Money Matters: The Sensitivity of Mutual Fund Redemption Decisions to Fund Characteristics by Dr Scott Weisbenner, University of Illinois at Urbana-Champaign and NBER
Apr 30	Financially Constrained Arbitrage and Cross-Market Contagion by Dr Denis Gromb, London Business School
Apr 25	Agency Problems at Dual-Class Companies by Dr Cong Wang, Chinese University of Hong Kong
Apr 21	Underconditioning and Overconditioning: Testing the Conditional CAPM and the Conditional Fama-French Three-Factor Model by Yan Li, Cornell University
Mar 17	Calendar Cycles, Infrequent Decisions and the Cross-Section of Stock Returns by Darwin Choi,Yale School of Management
Mar 13	Resurrecting the Size Effect: Firm Size, Profitability Shocks and Expected Stock Returns by Dr Kewei Hou, Ohio State University
Feb 20	The Cross-Section of Stock Returns and Monetary Policy: The Roles of the Capital Market Imperfection and Interest Rate Channel by Dr Sungjun Cho,Columbia University
Feb 15	Political Connections and the Allocation of Procurement Contracts by Jongil-So,University of North Carolina at Chapel Hill
Feb 11	The Monitoring and Advisory Functions of Corporate Boards: Theory and Evidence by Dong Chen,Duke University
Feb 5	Do Foreign Investors Exhibit a Corporate Governance Disadvantage? An Information Asymmetry Perspective by Prof Jun-Koo Kang, Michigan State University
Jan 30	Life-Cycle Portfolio Choice with Housing as a Hedging Asset by Yu (Frank) Zhang, Columbia University
Jan 29	What Role Do Buyout Sponsors Play When Leveraged Buyouts Go Public? by Jerry X. Cao, Boston College
Jan 22	A Theory of Debt Financing and Debtholders' Representation in Corporate Governance Based on Managerial Initiative by Xinping Li, Stanford University
Jan 18	Employee Stock Options, Financing Constraints and Real Investment: Theory and Evidence by Dr Ilona Babenko and Dr Yuri Tserlukevich, Hong Kong University of Science & Technology

4 Dec	Cross-Country Differences in Firm Multiples by Dr David Ng, Cornell University
27 Nov	The Levered Equity Risk Premium and Credit Spreads: A Unified Framework by Dr Ilya Strebulaev, Stanford University
26 Nov	Are Liquidity and Information R isks Priced in the Treasury Bond Market? by Dr Junbo Wang, City University of Hong Kong
20 Nov	Depression Babies: Do Macroeconomic Experiences Affect Risk-Taking? by Dr Stefan Nagel, Stanford University
13 Nov	Liquidity Risk and Limited Arbitrage: Why Banks Lend to Opaque Hedge Funds by Dr Evan Gatev, Boston College
7 Nov	Estimating a Model of Real and Nominal Term Structure Using Treasury Yields, Inflation Forecasts and Inflation Swap Rates by Dr George Pennacchi, University of Illinois at Urbana-Champaign
6 Nov	Learning by Trading by Dr Tyler Shumway, University of Michigan
30 Oct	Productivity, Asset Return and International Index Momentum by Dr Zhang Hong , INSEAD
23 Oct	Ambiguity, Learning and Asset Returns by Dr Jianjun Miao, Boston University and HKUST
5 Oct	Testing the APT with Maximum Sharpe Ratio of Extracted Factors by Dr Chu Zhang, Hong Kong University of Science & Technology
26 Sep	Corporate Leverage: How Much Do Managers Really Matter? by Dr Vidhan Goyal, Hong Kong University of Science & Technology
21 Sep	Property Market Bubbles, Toeholds, and the Winners' Curse: Evidence from Hong Kong Land Auctions by Dr Gan Jie, Hong Kong University of Science & Technology
13 Aug	Removing Market Friction and Sharing the Gain: Evidence from the Split Share Structure Reform in China by Dr Kai Li, University of British Columbia
10 Aug	Media Coverage and IPO underpricing by Dr Laura Xiaolei Liu, Hong Kong University of Science & Technology
7 Aug	Market Liquidity, Asset Prices and Welfare by Dr Jiang Wang, MIT
11 Sep	CAPM for Estimating the Cost of Equity Capital: Interpreting the Empirical Evidence by Dr Ravi Jagannathan, Northwestern University
30 Jul	The Effects of Bank Relations on Stock Repurchase Decisions: Evidence from Japan by Dr Kenneth Kim, State University of New York, Buffalo
25 Jul	Accounting Quality and Catastrophic Market Events by Dr Gilles Hilary, Hong Kong University of Science & Technology
18 Jul	Stock Market Misvaluation and Corporate Investment by Professor Ming Dong (York University) and Professor Siew Hong, Teoh (University of California at Irvine)
28 Jun	Dual-class share issues and mitigating the costs of corporate democracy by Dr Suman Banerjee, Tulane University
11 May	Too Busy to show up? An Analysis of Directors' Absences by Dr Pornsit Jiraporn, Penn State at Great Valley
3 May	The Performance of Reverse Leveraged Buyouts by Jerry Cao,Boston College
24 Apr	Hedge Fund Activism, Corporate Governance, and Firm Performance by Professor Alon Brav, Duke University
20 Apr	The Term Structure of Analyst Forecasted Earnings Growth and Return Anomalies by Dr Mitch Warachka, Singapore Management University
18 Apr	Fairness Opinions in Mergers and Acquisitions by Dr Rajesh Narayanan, Ohio University
14 Mar	Understanding Stock Return Predictability by Dr Hui Guo, Federal Reserve Bank of St. Louis
9 Mar	Monitoring, Financing and Optimal Multiple-Bank Relationships by Dr Wei-Lin Liu, Michigan State University
7 Mar	How Life Cycle Funds Affect 401 (k) Portfolio Behavior by Takeshi Yamaguchi, Wharton School, University of Pennsylvania
2 Mar	Target Behavior and Financing: How Conclusive is the Evidence? by Dr Xin Chang (Simba), University of Melbourne
23 Feb	Derivatives Use and Risk Taking: Evidence from the Hedge Fund Industry by Dr Scott Weisbenner, University of Illinois at Urbana-Champaign and NBER
13 Feb	Price Discreteness and Dealers' Market Power in the OTC Markets by Yong Chen,Boston College
9 Feb	Pricing American Options Under Stochastic Volatility and Jump-Diffusion Dynamic by Professor Carl Chiarella, University of Technology, Sydney
7 Feb	Option Pricing under Habit Formation and Event Risks by Du Du, University of Chicago
31 Jan	Takeover Bidding with Signalling Incentives by Tingjun Liu, Carnegie Mellon University

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