Fall 2003

Last Updated: December 1, 2003

The seminars are scheduled every Thursday from 4:10-5:40 pm in Room C210 Cheit Hall. These seminars are free and are open to the public.

September 4 Thursday

Holger Mueller (New York University)
Tender Offers and Leverage (with Fausto Panunzi, Universita di Bologna) (pdf file)

September 11 Thursday

Peter Bossaerts (California Institute of Technology)
Testing CAPM in Real Markets: Implications from Experiments (pdf file)

September 18 Thursday

Matthew Spiegel (Yale University)
Modeling and Measuring Russian Corporate Governance: The Case of Russian Preferred and Common Shares (with William Goetzmann, Yale University; and Andrey Ukhov, Indiana University) (pdf file)

September 25 Thursday

Jennifer Carpenter (New York University)
Portfolio Performance and Agency (with Philip Dybvig and Heber Farnsworth, Washington University, St. Louis) (pdf file)

October 2 Thursday

Mark Grinblatt (UCLA)
Interpersonal Effects in Consumption: Evidence from the Automobile Purchases of Neighbors (with Matti Keloharju and Seppo Ikaheimo, Helsinki School of Economics) (pdf file)

October 9 Thursday

Ben Hermalin (UC Berkeley)
Trends in Corporate Governance (pdf file)

October 16 Thursday

Joint Stanford-Berkeley Seminar at Stanford (3:00-6:00 PM), Room 109 Littlefield

Jeffrey Zwiebel (Stanford): Design and Renegotiation of Debt Covenants (with Nicolae Garleanu, University of Pennsylvania) (pdf file)

Discussant: Hayne Leland (Berkeley)

Rich Lyons (Berkeley): How is Macro News Transmitted to Exchange Rates? (with Martin Evans, Georgetown University) (pdf file)

Discussant: Paul Pfleiderer (Stanford)

October 23 Thursday

Jun Pan (Massachusetts Institute of Technology)
The Information in Option Volume for Stock Prices” (with Allen M. Poteshman, University of Illinois, Urbana-Champaign) (pdf file)

October 30 Thursday

David Laibson (Harvard University)
Active Decisions: A Natural Experiment in Savings (with James Choi, Harvard University; Brigitte Madrian, University of Chicago; and Andrew Metrick, University of Pennsylvania) (pdf file) (pdf file)

November 6 Thursday

Michael Johannes (Columbia University)
The Impact of Collateralization on Swap Rates (with Suresh Sundaresan, Columbia University) (pdf file)

November 13 Thursday

Gian Luca Clementi (New York University)
Investor Protection, Optimal Incentives, and Economic Growth (with Rui Castro, Université de Montréal; and Glenn MacDonald, Washington University-St. Louis) (pdf file)

November 20 Thursday

Christine Parlour (Carnegie Mellon University)
Equilibrium in a Dynamic Limit Order Market (with Ron Goettler and Uday Rajan, Carnegie Mellon University) (pdf file)

November 27 Thursday

No Seminar — Thanksgiving Holiday

December 4 Thursday

Annette Vissing-Jorgensen (Northwestern University)
Mandated Disclosure, Stock Returns, and the 1964 Securities Acts Amendments (with Michael Greenstone, MIT; and Paul Oyer, Stanford University) (pdf file)

December 11 Thursday

Alex Boulatov (UC Berkeley)
Oligopolistic Insiders and Market Closures
Room C210 Cheit Hall