Princeton University

This is a workshop for students writing dissertations in Finance. Economics students with carrel space in the BCF are required to attend and are expected to present regularly. The workshop is a vehicle for presentation of work in progress. One session may consist of multiple presentations.

The workshop is held roughly once every two weeks, with allowances for conflicts with the Behavioral Economics Seminar as well as academic breaks.

Meetings are held on Tuesdays, from 12:30 p.m. to 1:30 p.m., in the BCF Library. Lunch is served at 12:20 p.m.

Program slots are filled on a first-come, first-served basis. If you would like to present in the spring term 2010, please e-mail to Wei Cui.

February 7
Michael Hasler
Topic: "Portfolio Choice and Costly Dynamic Information Acquisition"

February 21
Yi Li
Topic: TBA

March 6
Wei Cui
Topic: TBA

March 13
Vickey Liu
Topic: TBA

March 27
John Kim
Topic: TBA
Rohit Lamba
Topic: TBA

April 3
Ji Huang
Topic: TBA

April 10
Jose Azar
Topic: TBA

April 24
Yi Li
Topic: TBA

September 27
Dong Beom Choi
Topic: "Contagious Bank Runs: Which bank to be recapitalized?
Gonzalo Cisternas
Topic: "A Continuous-time Model of Career Concerns and Human Capital Accumulation"

October 4
Jean-Noel Barrot, HEC Paris
"Investor Horizon and Limits of Arbitrage: Evidence from private equity funds"

October 11
Sergey Zhuk (Special time: 12:20-1:30)
Topic: Job Market Talk: TBA

October 18
Martin Schmalz (Special time: 12:20-1:30)
Topic: Job Market Paper Talk: "Financing Human and Organizational Capital: Evidence from unionization elections"

October 25
Ming Yang (Special time: 12:20-1:30)
Topic: "Optimality of Securitized Debt with Endogenous and Flexible Information Acquisition"

November 8
Jakub Jurek
Topic: "The Cost of Capital for Alternative Investments"

November 15
Yi Li
Topic: "The Role of Reputation on PE Fund Size and Performance"
 Jose Azar
Topic: "Changes in the Opportunity Cost of Cash: A Soluton to the Corporate Cash Hoarding Puzzle" (with Jean-Francois Kagy)

November 22
Constantinos Kalfarentzos
Topic: "Endogenous Fund Flows and Managerial Tournament Behavior under High Watermark Contracts" (with Filippos Papakonstantinou) 
John Kim
Topic:: "Welfare Economics with Heterogeneous Beliefs."

November 29
Dacheng Xiu
Topic: "A Tale of Two Option Markets: State-Price Densities Implied from S&P 500 and VIX Option Prices"
Olivier Darmouni
Topic:  "Can Contracting Prevent Traders from Neglecting Risks?"

December 6
Wei Cui
Topic: On the Optimal Response to Asset Price Levels and Fluctuations" with Diogo Guillen
Michael Li
Topic:  "Information Asymmetry, Volitility and Market Impact"

December 13
Zhenyu Gao"
Topic:  "Housing Investors in the Boom and Bust Cycle" with Wenli Li
Liang Dai
Topic:  "Bank Deregulation and Political Contribution" with Cheng Chen

February 8
Alan Krueger, "Build America Bonds"

March 8
Hyun Soo Choi, "The Role of Lending Law (Anti-predatory Lending) on the Recent Housing Crisis"
Andrew Robinson, "Procyclical Liquidity and Credit Spreads"

March 22
Martin Schmalz and Sergey Zuk, "Learning about covariance, and Applications"
Jose Azar, "Diversification, Shareholder Value Minimization, and Competition: A Trilemma?"

March 29
Dirk Paulsen, "Financial Friction in a General Equilibrium Macro Model"

April 5
Xing Hiu (Jun Pan and Jiang Wang), "Noise as Information for Liquidity"
Weicheng Lian, "An Amplification Mechanism in the Housing Market"

April 19
Sergey Zhuk, "Rational Bubbles, Speculative Bubbles and Endogenous Learning"
Jean-Francois Kagy, "Corporate Cash Hoarding: Revisiting the Procyclicality Argument Against the Basel Rules"

April 26
Martin Schmalz
Zhenyua Gao

May 3
Dong Beom Choi
Wei Cui

September 28
Martin Schmalz and Sergey Zuk, "Learning about Market Risk, CEO Turnover, the Active Funds Puzzle, and Momentum"
Jia Li, "Testing for jumps: A delta-hedgin perspective"

October 19
Weicheng Lian, "Housing Cyles or Housing Bubbles"
Xing Hu, "Rollover Risk and Credit Spreads in the Financial Crisis of 2008

October 26
Dong Boem Choi, "Risk Sharing, Credit Crunch and Financial Fragility"
"Feedback between Asset Price and Panic Run"

November 16
Sergey Zhuk, "Endogenous Learning and Rational Bubbles"
Ming Yang, "Optimal Contracts in Providing Liquidity with Endogenous Information Acquisition"

November 23
Ana Babus, "Strategic Relationships in Over-the-counter Markets"

December 7
Thomas Eisenbach and Martin Schmalz, "Anxiety in the Face of Risk"
Hyun Soo Choi (with Harrison Hong and José Scheinkman), “Home Improvements"