NEXT EVENTS
june, 2022
09jun13:0014:00FIN Seminar/ Webinar - Günter Strobl
Event Details
CEF.UP – FIN Seminar/Webinar Thursday – June 9th, 2022 at 1:00 p.m. |Room 305| Online "Lying to Speak the Truth: Selective Manipulation and Improved Information Transmission" Günter Strobl - University of
Event Details
CEF.UP – FIN Seminar/Webinar
Thursday – June 9th, 2022 at 1:00 p.m. |Room 305| Online
“Lying to Speak the Truth: Selective Manipulation and Improved Information Transmission“
Günter Strobl – University of Vienna (joint work with Paul Povel)
Time
(Thursday) 13:00 - 14:00
PAST EVENTS
may 2022
19may13:0014:00FIN Seminar/ Webinar - Vladimir Vladimirov
Event Details
CEF.UP – FIN Seminar/Webinar Thursday – May 19th, 2022 at 1:00 p.m. |Room 305| Online "Negotiating Compensation" Vladimir Vladimirov - University of Amsterdam (joint work with Florian Hoffmann) Abstract: "Workers can often negotiate
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Event Details
CEF.UP – FIN Seminar/Webinar
Thursday – May 19th, 2022 at 1:00 p.m. |Room 305| Online
Vladimir Vladimirov – University of Amsterdam (joint work with Florian Hoffmann)
Abstract:
“Workers can often negotiate their compensation. We develop a model showing that optimal negotiations and compensation design depend on whether capital and labor are substitutes or complements. This distinction — closely related to whether labor is low- or high-skilled — further affects whether workers can extract higher compensation by negotiating with fewer firms or by searching for additional job offers. It also affects whether cash constraints inflate or depress compensation when firms compete for workers. By solving for the optimal mechanism for workers to sell their labor, we further show how workers can compare different types of offers and negotiate with firms with different bargaining power.”
Time
(Thursday) 13:00 - 14:00
05may13:0014:00FIN Seminar/ Webinar - Gonçalo Faria
Event Details
CEF.UP – FIN Seminar/Webinar Thursday – May 5th, 2022 at 1:00 p.m. |Room 305| Online "The Correlation Risk Premium Term Structure " Gonçalo Faria - Universidade Católica Portuguesa (joint work with Robert
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Event Details
CEF.UP – FIN Seminar/Webinar
Thursday – May 5th, 2022 at 1:00 p.m. |Room 305| Online
“The Correlation Risk Premium Term Structure “
Gonçalo Faria – Universidade Católica Portuguesa (joint work with Robert Kosowski)
Abstract:
“The aim of this paper is to study the term structure of correlation risk and exploit a unique dataset of correlation swap quotes. The main empirical findings are supported by a general equilibrium asset pricing model that endogenously generates a correlation risk term structure. We analyse two alternative measures of correlation risk and their term structure, based on S&P500 correlation swap quotes and the synthetic correlation swap rates estimated from option prices. Our main empirical findings are supported by a Lucas Orchard type model with heterogeneous agents that differ in their beliefs about the probability of a systemic rare disaster. When the latter occurs, there is an increase in the dispersion in beliefs about expected consumption growth rate and in the consumption share of the more pessimistic agent. This generates a flattening of the term structure for both the risk neutral expected correlation and the correlation risk premium during periods of enhanced uncertainty.”
Time
(Thursday) 13:00 - 14:00
april 2022
No Events
march 2022
31mar13:0014:00FIN Seminar/ Webinar - Marcus Opp
Event Details
CEF.UP – FIN Seminar/Webinar Thursday – March 31st, 2022 at 1:00 p.m. |Room 305| Online "Green Capital Requirements" Marcus Opp - Stockholm School of Economics (joint work with Martin Oehmke)
Event Details
CEF.UP – FIN Seminar/Webinar
Thursday – March 31st, 2022 at 1:00 p.m. |Room 305| Online
Marcus Opp – Stockholm School of Economics (joint work with Martin Oehmke)
Time
(Thursday) 13:00 - 14:00
february 2022
No Events
january 2022
No Events
december 2021
09dec13:0014:00FIN Seminar/ Webinar - David Cardoso
Event Details
CEF.UP – FIN Seminar/ Webinar Thursday – December 9th, 2021, 1:00 p.m. | Room 305 | Online "Financial Regulation Reforms and Bank Capital Structure" David Cardoso - PhD Saïd Business School,
Event Details
CEF.UP – FIN Seminar/ Webinar
Thursday – December 9th, 2021, 1:00 p.m. | Room 305 | Online
“Financial Regulation Reforms and Bank Capital Structure“
David Cardoso – PhD Saïd Business School, University of Oxford
Time
(Thursday) 13:00 - 14:00
november 2021
No Events
october 2021
No Events
september 2021
No Events
august 2021
No Events
july 2021
No Events
june 2021
16jun13:0014:00FIN Webinar - José Liberti
Event Details
CEF.UP – FIN Webinar Wednesday – June 16th, 2021, 1:00 p.m. "Information Sharing and Lender Specialization: Evidence from the U.S. Commercial Lending Market" - joint work with Jason Sturgess and Andrew Sutherland
Event Details
CEF.UP – FIN Webinar
Wednesday – June 16th, 2021, 1:00 p.m.
“Information Sharing and Lender Specialization: Evidence from the U.S. Commercial Lending Market” – joint work with Jason Sturgess and Andrew Sutherland
Jose Liberti – Kellogg School of Management, Northwestern University
Time
(Wednesday) 13:00 - 14:00
02jun13:0014:00FIN Webinar - Pedro Saffi
Event Details
CEF.UP – FIN Webinar Wednesday – June 2nd, 2021, at 1:00 p.m. Glass Half Full or Half Empty? Activists, Short Sellers, and Disagreement Pedro Saffi - Cambridge Judge Business School (joint
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Event Details
CEF.UP – FIN Webinar
Wednesday – June 2nd, 2021, at 1:00 p.m.
Glass Half Full or Half Empty? Activists, Short Sellers, and Disagreement
Pedro Saffi – Cambridge Judge Business School (joint work with Tao Li and Daheng Yang)
Abstract: We study events in which activist hedge funds and short sellers target the same stock, using European data on activism and mandatory disclosures of large short positions. The likelihood of activist targeting and the probability of a successful campaign are higher in the presence of large short sellers, with an even larger effect when investor disagreement is high. Hedge fund activism is associated with a reduction in short interest, but it does not affect the likelihood of a large short position. Finally, we show that hedge fund activism generates higher abnormal returns when large short sellers are present, especially when activists achieve their stated goals.
Time
(Wednesday) 13:00 - 14:00