Archives for LFIN
October 19, 2018
Finance Seminar
Thomas Lambert, Rotterdam School of Management, Erasmus...
Winning Connections? Special Interests and the Sale of Failed Banks
Thomas Lambert, Rotterdam School of Management, Erasmus University
We study how lobbying affects the resolution of failed banks, using a sample of FDIC auctions between 2007 and 2014. We show that bidding banks that lobby...
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October 17, 2018
Finance Seminar
Bengt Holmström (Nobel Laureate)
TBA
Bengt Holmström (Nobel Laureate)
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October 12, 2018
Finance Seminar
Finance Seminar: Anh Le
Joint CORE-FIN seminar
The Structure of Risks in Equilibrium Affine Models of Bond Yields
Anh Le, Penn State
Equilibrium affine term structure models (ETSMs) typically imply that expected excess returns on bonds are determined entirely as an affine function of the conditional variances...
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Finance Seminar
Finance Seminar: Giang Nguyen
Joint with Brown Bag Seminar
A new Class of Empirical Dynamic Order Book Models with an Application to the U.S. Treasury Market
Giang Nguyen, PSU
We propose a new class of empirical dynamic order book models to study the joint dynamics of liquidity and volatility. The multiplicative...
Click to know more October 08, 2018
Finance Seminar
Anh Le, Penn State
Joint CORE-LFIN-NBB
Tractabel Term-Structure Models and the Zero Lower Bound
Anh Le, Penn State
We greatly expand the space of tractable term-structure models. Key to our approach is a direct specification of bond pricing functions, that does not require an explicit pricing kernel, but...
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