Summer Term 2011

Ulrich Hege (HEC Paris) How does Private Equity Bid in Corporate Asset Sales? The paper is not available online.

Christa Bouwman (Case Western Reserve University, Cleveland) The Geography of Executive Compensation

Josef Zechner (WU Wien) Leverage Dynamics over the Business Cycle

Elena Carletti (European University Institute) Asset Commonality, Debt Maturity and Systematic Risk

Thierry Foucault (HEC Paris) Dealer Attention, Liquidity Spillovers, and Endogenous Market Segmentation

Charlotte Ostergaard (Norwegian School of Management) Real and Financial Tradeoffs in Non-Listed Firms: Cash Flow Sensitivities and How They Change with Shocks to Firms' Main-Bank

Harald Hau (INSEAD) The Role of Equity Funds in the Financial Crisis Propagation

Eric Ghysels (University of North Carolina) Conditional Skewness of Stock Market Returns in Developed and Emerging Markets and its Economic Fundamentals

Francisco Gomes (London Business School) Quantifying the Distortionary Fiscal Cost of ‘The Bailout’

Charles Jones (Columbia University) Two Short Tales

Mark Grinblatt (University of California - Los Angeles) IQ and Stock Market Trading

Robert Marquez (Boston University) Leaving Money on the Table: A Theory of Private Equity Fund Returns

Amit Goyal (Université de Lausanne) Buyers Versus Sellers: Who Initiates Trades And When?

Sönje Reiche  (University of Cambridge) Robust Incentives and Non-Exclusive Contracts

Dirk Hackbarth (University of Illinois) Innovation, Capital Structure, and the Boundaries of the Firm

Pegaret Pichler (Northeastern University) The Design of Mortgage-Backed Securities and Servicer Contracts