Marshall School of Business

Fall 2016
FBE Finance Seminar Series

The USC Finance and Business Economics Department usually sponsors three seminar series each semester.
Applied Economics Workshop | Finance Seminar Series | Macroeconomics & International Finance Workshop
The joint Price School/Marshall School Lusk Center for Real Estate also offers a Real Estate Seminar series
and the FBE Dept. Center for Investment Studies has an occasional Distinguished Speaker Series.

Finance Series seminars are usually held on Fridays from 10:30 a.m. - 12:00 p.m. in JFF-416 (Fertitta Hall).
We no longer provide hardcopies of the papers. If you want a printout, please download and print the PDF file
available by clicking on the paper title.
Thank you.  [parking & seminar map (.pdf)]   [interactive USC campus map]

Rev Date Speaker Title of Paper Room
  Sept. 2 Toni Whited
  Univ. of Michigan, Ross
Labor and Capital Dynamics under Financing Frictions
co-authors: Ryan Michaels (FRB Philadelphia) and T. Beau Page (Univ.of Houston)
  Sept. 9 Svetlana Bryzgalova
  Stanford GSB
The Consumption Risk of Bonds and Stocks
co-author: Christian Julliard (LSE)
   Sept. 16 Peter DeMarzo
  Stanford GSB
Leverage Dynamics without Commitment
co-author: Zhiguo He (Chicago, Booth)   and
The Leverage Ratchet Effect
co-authors: Anat R. Admati (Stanford GSB), Martin F. Hellwig (Max Planck Institute for Research on Collective Goods, Bonn.), and Paul Pfleiderer (Stanford GSB)
Dr. DeMarzo's presentation will draw from both papers.
   Sept. 23 John Zhu
Renegotiation of Dynamically Incomplete Contracts
Seminar ROOM CHANGE! We're across the hall in JFF-414.
   Sept. 28
Tarek Hassan
  Chicago, Booth
Migrants, Ancestors, and Foreign Investments
co-authors: Konrad B. Burchardi (Stockholm University) and Thomas Chaney (Toulouse School of Economics)    For future updated versions of this paper, use this link
Seminar: 12:15 pm - 1:45 pm, ACC-310
   Sept. 30 Sungjune Pyun
Variance Risk in Aggregate Stock Returns and Time-Varying Return Predictability
   Oct. 7 Robert Marquez
  UC Davis
Financial Frictions, Foreign Currency Borrowing, and Systemic Risk
co-authors: Giovanni Dell'Ariccia (IMF and CEPR) and Luc Laeven (ECB and CEPR)
   Oct. 14 Martin Schmalz
  Michigan, Ross
Common Ownership, Competition, and Top Management Incentives   abstract
co-authors: Miguel Anton (Universidad de Navarra), Florian Ederer (Yale), and Mireia Gine (Universidad de Navarra).    Per the author's request, please obtain the current version of this paper from SSRN
   Oct. 19
Rodney Ramcharan
  USC, Price
Uncertainty and Consumer Credit Decisions
co-authors: Marco Di Maggio (Harvard), Amir Kermani (UC Berkeley Haas), and Edison Yu (FRB Philadelphia)    Seminar: 12:15 pm - 1:30 pm, ACC-205
   Oct. 21 Carola Frydman
Investment Banks as Corporate Monitors in the Early 20th Century United States   online appendix   co-author: Eric Hilt (Wellesley)
 > Oct. 28 Irene Yi
Slashing Liquidity through Asset Purchases: Evidence from Collective Bargaining
  Nov. 4
- - -
  No seminar - Macro Day!!
- - -
   Nov. 11 Sumit Agarwal
  National University of Singapore
   Nov. 18 David Robinson
  Duke, Fuqua
   Nov. 25
- - -
 Thanksgiving Holiday - No seminar
- - -
   Nov. 30
Alan Moreira
This is a FACULTY RECRUITING visit! Seminar: 12:15 pm - 1:30 pm, HOH-114
   Dec. 2 Ramond Fisman
  Boston University
   Dec. 9 Berk Sensoy
  Ohio St., Fisher
Room TBA

Click on the paper title to download a PDF.  Click on a speaker's name to go to their website, obtain a vita, etc.  To meet with a particular visitor, please contact the Program Administrator. For free parking, contact the FBE Dept. at (213) 740-6515 or fbe[at]    Parking reservations require minimum 2 hours advance notice! (If you want same day parking, please call us instead of using email. Thanks!)
University of Southern California  ·  Finance and Business Economics Department  ·  HOH-231, MC-1422
701 Exposition Blvd, Ste. 231  ·  Los Angeles, CA 90089-1422 ·  213-740-6515  ·  213-740-6650 fax  ·

This page last modified: 10/25/16 by Terry Lichvar, Program Administrator, USC FBE Dept.   ©2016 University of Southern California