Winter Term 2015/2016
Harald Hau (Swiss Finance Institute) "Technological Progress and Ownership Structure" (jointly with Heng Geng and Sandy Lai)
Mike Mariathasan (KU Leuven) "Fire Sale Bank Recapitalizations" (jointly with Christoph Bertsch)
Summer Term 2015
Igor Salitskiy (WU) "CEO Compensation Maturity and Corporate Actions"
Igor Salitskiy (WU) "Costs of being off target" (joint with Josef Zechner)
Anton van Boxtel (IHS) "Credit Market Competition and Liquidity Provision"
Maria Chaderina (WU) "Covenants, Systemic Risk and Discretion in Credit-Line Contracts: Theory and Evidence." (joint with Angel Tengulov)
Toni Whited (University of Rochester) "Labor and Capital Dynamics under Financing Frictions" (joint with Ryan Michaels, T. Beau Page)
Josef Zechner (WU) "Low Risk Anomalies?" jointly with Paul Schneider (University of Lugano) and Christian Wagner (Copenhagen Business School)
Ramin Baghai (Swedish House of Finance) "Non-Rating Revenue and Conflicts of Interest" (jointly with Bo Becker)
Loriana Pelizzon (Goethe University Frankfurt) “Network Connectivity and Systematic Risk” (jointly with Billio, Caporin and Panzica)
Winter Term 2014/2015
Ryan Williams (Eller College of Management) "Risk Management and Distress: Hedging with Purchase Obligations" (jointly with Kristine Watson Hankins)
Leonidas Barbopoulos (University of St. Andrews) "Does it pay to pay later? Deferred payments in domestic vs. foreign acquisitions"
Doron Avramov (The Jerusalem School of Business) "The Idiosyncratic Volatility-Expected Return Relation: Reconciling the Conflicting Evidence"
Doug Foster (University of Technology, Sydney) “Designing and Managing Retirement Savings Defaults: An Evolutionary Process” (joint with Adam Butt, Scott Donald, Susan Thorp, and Geoff Warren)
Kose John (NYU Stern School of Business) "Institutions and Incentives to innovate: Economic Growth and Optimal Regulation"
Josef Zechner (WU) “Policy Portfolios When Some Assets are Non-Tradable”
Summer Term 2014
Andra Ghent (Arizona State University)“When Low Standards are a Winning Strategy: How Credit Rating Agencies Compete” (co-authored with Sean Flynn)
Eberhard Mayerhofer (Dublin City University)"The Limits of Leverage“
Lubomir Litov (University of Arizona)
Winter Term 2013/2014
Christian Laux (WU): "Internal Auditing and Capital Structure“ (Christian Laux, Gyöngyi Loránth and Alan D. Morrison)
Andrej Gill (Goethe Universität Frankfurt): Why do so many VC-backed IPOs end up in takeovers?"
Nandu NAYAR (Lehigh University): Elimination of discretionary broker voting for directors - A natural experiment
Christian Wagner (Copenhagen Business School): The Cross-Section of Credit, Variance, and Skew Risk (with Paul Schneider and Josef Zechner)
Summer Term 2013
Philipp Immenkötter (University of Cologne): How Much is too Much? Debt Capacity and Financial Flexibility
Youchang WU (University of Wisconsin), Russ Wermers and Josef Zechner (WU): Managerial Rents vs. Shareholder Value in Delegated Portfolio Management: The Case of Closed-End Funds
Toni Whited (University of Rochester): Estimating the Effects of Contracting Frictions (with Shaojin Li)
Sarah Zhang (Universität Karlsruhe): Need for Speed: An Empirical Analysis of Hard and Soft Information in a High Frequency World
Alex Weissensteiner (Denmark University of Technology): On the relation between forecast precision and trading profitability of financial analysts (with Carlo Marinelli)
Rudi Zagst (Technische Universität München): Closed-form solutions for Guaranteed Minimum Accumulation Benefits
James Garven (Baylor University), Neil A. Doherty and Sven Sinclair: Noise Hedging and Executive Compensation
Winter Term 2012/2013
Tobias Mühlhofer (Indiana): Do Stock Prices Move too Much to be Justified by Changes in Cash Flows? New Evidence from Parallel Asset Markets
Christian Laux (WU Wien): Why trading and lending differ
Simon Gervais (Duke): The Industrial Organization of Money Management
Michael Kisser (NHH): The Impact of Longevity Improvements on US Corporate Defined Benefit (DB) Pension Plans
Ramona Westermann (Swiss Finance Institute): Measuring agency costs over the business cycle
Tyler Hull (NHH): Does the Timing of Dividend Reductions Signal Value?
Jaewon Choi (Urbana-Champaign): On the fundamental relation between equity returns and interest rates
Olga Lebedeva (Warwick): Trading Aggressiveness and its Implications for Market Efficiency
Yuliya Plyakha (Frankfurt): Much Ado about Nothing: Benchmarking Benchmarks
Maria Chaderina (Vienna): The Pre-Borrowing Motive: A Model of Coexistent Debt and Cash
Alfred Lehar (Calgary): Indurstry Structure and the Strategic Provision of Trade Credit by Upstream Firms
Hamed Ghoddusi, (MIT): Entry Dynamics and Cross-Section of Asset Prices
Engelbert Dockner (WU Wien), Manuel Mayer (VGSF) and Josef Zechner (WU Wien): Sovereign Bond Risk Premiums
Otto Randl (WU) and Georg Cejnek (ISK): Implications of Index Construction Methodologies for Price and Dividend Indices
Summer Term 2012
Aleksandar Zdravkovic: Risk Management Approach to Public Debt Sustainability In Emerging European Countries
Dieter Hess (Cologne): Common Factors in Analysts' Earnings Revisions: The Role of Changing Economic Conditions
Ruediger Fahlenbrach (EPFL): Institutional Investors and Mutual Fund Governance: Evidence from Retail – Institutional Fund Twins
George Skiadopoulos (Piraeus): Asset pricing for commodity futures: A puzzle
Andrea Gamba (Warwick Business School): Firm Policies and the Cross-Section of CDS Spreads
Alexandre Jeanneret (HEC Montreal): Sovereign Default Risk and the US Equity Market
Hamed Ghoddusi (MIT): Optimal Choice of Corrective Actions
Philipp Immenkötter (Cologne): How much is too much? Debt Capacity and Financial Flexibility
Julian Kolm (VGSE): Bank Risk Taking with Securitization and Capital Regulation
Enrico Diecidue (INSEAD): Risking time is like risking money for the representative individual. You are not representative
Valentyn Panchenko (UNSW): Continuous double auction with full and limited information: experiments and individual learning model
Winter Term 2011/2012
Pietro Perotti (Uni Graz): Earnings Quality Measures and Excess Returns
Bjorn Eraker (Wisconsin): Dynamic Present Values and the Intertemporal CAPM
Jan Bena (UBC): The Lifecycle of the Economy-Wide Distribution of Leverage.
Manfred Frühwirth (WU) and Leopold Sögner (IHS): Does the Sun Shine on the Corporate Bond Market?
Anna Gunnthorsdottir (WU): The predictive boundaries of the Nash equilibrium, and efficiency gains from merit-based social organization
Summer Term 2011
Miret Padovani (Geneva) : The determinants of banks' lobbying activities.
Robert Kremslehner (WU): Job Market for Directors: The Role of Limited Liability Provisions and Directors' and Officers' Insurance in Optimal Contracting.
Yong Chen (Virginia Tech): Hedge Funds: The Good, the (Not-so) Bad, and the Ugly.
Luis Goncalves-Pinto (NUS): The Value of Cross-Trading to Mutual Fund Families in Illiquid Markets: A Portfolio Choice Approach.
Aksel Mjøs (NHH): Small firm finance during the financial crisis.
Christian Wagner (WU): The Cross-Section of Credit Risk Premia and Equity Returns.
Stephen Figlewski (NYU): Research on the Risk Neutral Probability Density for the US Market Portfolio.
Hamed Ghoddusi (VGSF): Business Cycles, Long-Run Risk and Commodity Price Dynamics.
Tiago Pinheiro (NHH Bergen): Earnings Manipulation, Managerial Compensation and Reputation Concerns.
Winter Term 2010/2011
Hamed Ghoddusi (VGSF): How the Shocks to Input and Output Change the Spreads and Asset Value; The Case of the Refinery Industry
Vilimir Yordanov (VGSF): Dynamic CDO modelling
Thomas Breuer (FHV): Stress Tests: From Arts to Science
Antonio Diaz: The Problem of Estimating the Volatility of Zero Coupon Bond Interest Rate
Greg Vilkov (Goethe University Frankfurt): Risk-Neutral Skewness: Return Predictability and Its Sources
Tobias Berg (HU Berlin): The Term Structure of Risk Premia during the Financial Crisis: Evidence from a New Calibration Approach based on CDS Spreads.
Paul Schneider (Warwick): Understanding Risk Premia in Index Option Prices.
Summer Term 2010
Jun 14 Natalia Ivanova (VGSF)
May 19 Zsuzsanna Fluck (Michigan State University)
Apr 20 Rodolfo Martell (Purdue University - Krannert School of Management
Winter Term 2009/2010
Dec 16 André Gygax (University of Melbourne)
Dec 02 Lidija Lovreta (ESADE Business School)
Oct 28 André Gygax (University of Melbourne)
Feb 03 Juliusz Radwanski (VGSF)
Summer Term 2009
Jun 10 Robert Faff (Monash University)
Jun 03 Emir Hrnjic (National University of Singapore)
May 27 Marti Subrahmanyam (New York University)
May 20 László Györfi (Budapest University of Technology and Economics)
May 07 Alfred Lehar (University of Calgary) - former CCEFM student
Apr 29 Paul Schneider and Christian Wagner (WU)