Finance
Finance
[Academic Events] Seminars in Economics Esther Eiling (University of Amsterdam)
"Sectoral Labor Reallocation and Return Predictability"
[Academic Events] Job Market Seminars Raffaele Corvino (Cass Business School)
"Dynamic Ownership, Private Benefits, and Stock Prices"
[Academic Events] Job Market Seminars Giorgio Ottonello (Vienna Graduate School)
"The Impact of Benchmarking in Fixed Income Funds"
[Academic Events] Job Market Seminars Mykola Babiak (CERGE-EI)
"Generalized Disappointment Aversion, Learning, and Asset Prices"
[Academic Events] Job Market Seminars Roberto Steri (Unil and Swiss Finance Institute)
"The Sources of Financing Constraints"
[Academic Events] Job Market Seminars Irina Zviadadze (Stockholm School of Economics)
"Term structure of risk in expected returns"
[Academic Events] Job Market Seminars Francesca Parodi (UCL)
"Taxation of Durables, Non-durables and Earnings with Heterogeneous Preferences"
[Academic Events] Monday Lunch Seminars Giovanna Nicodano (Collegio Carlo Alberto)
"Does Bankruptcy Risk Increase Value?" Abstract We show that bankruptcy exposure increases ex-post average firm value due to a survivorship bias. The reason is that bankruptcy cancels rms with the lowest realized cash ows from databases. Such bias gives rise to known pricing puzzles. It generates a discount on diversified companies when diversification helps their survival. Moreover, it…
[Outreach Events] Workshop LTI@UniTo Conference: “Evolving landscapes of bank and non-bank finance”
Banca d’Italia-LTI@UniTo Conference "Evolving landscapes of bank and non-bank finance" Rome, Carlo Azeglio Ciampi conference centre, December 7, 2018 The conference addresses a range of issues related to the evolution of bank and non-bank finance and its implications for the real economy
[Outreach Events] Distinguished Scientific Lectures Onorato Castellino Lecture: Guido Tabellini
"Gli europei sono troppo diversi tra loro per costruire un’unione politica?"
[Academic Events] Seminars in Economics Marcin Kacperczyk (Imperial College London)
"Do Foreign Investors Improve Market Efficiency?" Abstract We study the impact of foreign institutional investors on global capital allocation and welfare using firm-level international data. Using MSCI index inclusion as an exogenous shock to foreign ownership, we show that greater foreign ownership leads to more informative stock prices and this effect arises more from increased…
[Academic Events] Job Market Seminars Ilaria Piatti (Oxford Said Business School)
"Rationality and Subjective Bond Risk Premia"
Seminars in Economics Loriana Pelizzon (Universita Ca Foscari Venice and SAFE-Goethe University Frankfurt)
"Residential mortgage defaults and positive equity: Lessons from Europe" abstract We empirically investigate mortgage default behavior in the European market where mortgages are recourse loans, i.e. borrowers are responsible upon default for the difference between the value of the outstanding debt and the value of the house. We show that the majority of defaults happen…
Monday Lunch Seminars Stefano Colonnello (IWH)
"Effectiveness and (In)Efficiencies of Compensation Regulation: Evidence from the EU Banker Bonus Cap" joint with LTI@UNITO
Seminars in Economics Geert Rouwenhorst (Yale School of Management)
"A Tale of Two Premiums: The Role of Hedgers and Speculators in Commodity Futures Markets"
[Academic Events] LTI@UniTO Seminars in Finance LTI Press Conference
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