Marshall School of Business

Fall 2010    - COMPLETED
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 SPPD/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 the rooms listed below.
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]

Rev Date Presenter Title of Paper Room Faculty Host
  Sept. 3 Henrik Cronqvist
  Claremont McKenna
The Origins of Savings Behavior   (with Stephan Siegel, Univ. of Washington) JKP-202 P. Matos
  Sept. 10 Adam Reed
  Univ. of No. Carolina
How are Shorts Informed? Short Sellers, News, and Information Processing   (with Joseph E. Engelberg and Matthew C. Ringgenberg, both Kenan-Flagler Business School, University of North Carolina) JKP-202 P. Matos
  Sept. 17 Albert "Pete" Kyle
  Univ. of Maryland
Market Microstructure Invariants   (with Anna Obizhaeva, University of Maryland)   [presentation slides] JKP-202 P. Matos
  Sept. 24 Long Chen
  Washington Univ. at St. Louis
What Drives Stock Price Movement   (with Xinlei Zhao, Offce of the Comptroller of the Currency, US Treasury Dept.)   [presentation slides] JKP-202 P. Matos
  Oct. 1 Belén Villalonga
  Harvard Business School
Does Diversification Create Value in the Presence of External Financing Constraints? Evidence from the 2007–2009 Financial Crisis   (with Venkat Kuppuswamy, Harvard Business School) JKP-202 P. Matos
  Oct. 8 Yael Hochberg
  Kellogg, Northwestern
Informational Hold-up and Performance Persistence in Venture Capital    (with Alexander Ljungqvist, NYU, and Annette Vissing-JØrgensen, Northwestern) JKP-202 T. Lichvar
  Oct. 15       No seminar USC President Max Nikias' inauguration
The inauguration is free and open to the public.
  - - -    - - -
  Oct. 18
Clemens Sialm
  Univ. of Texas, Austin
Mutual Fund Tax Clienteles   (with Laura Starks, University of Texas, Austin)     Seminar time: 12:30 pm - DIFFERENT DAY & TIME! JKP-210 P. Matos
  Oct. 22 Zhi Da
  Notre Dame
Electricity Consumption and Asset Prices   (with Hayong Yun, University of Notre Dame) HOH-1 P. Matos
  Oct. 26
Matthew O. Jackson
  Stanford Economics
Network Patterns of Favor Exchange   (appendix)
(This is a “Game Theory and Human Behavior Group” seminar sponsored by the Viterbi School of Engineering, but coordinated by FBE Prof. Mat McCubbins)   DIFFERENT DAY, TIME, & LOCATION!    Seminar time: 12:30 - 2:00 pm
Please RSVP for lunch!!
LAW-103 M. McCubbins
  Oct. 29 Ivo Welch
  Brown University
Capital Structure  (presentation slides)  Dr. Welch is not presenting a single paper, but a combination of several papers which he prefers not to hand out in advance. He will tell everyone after the seminar where to grab the papers (from SSRN). JKP-202 P. Matos
  Nov. 5 Gordon Phillips
  Univ. of Maryland
Paper 1:   Text-Based Product Characteristics, Competition and Dividends   (with Gerard Hoberg and Nagpurnanand Prabhala, both Univ. of Maryland)
Paper 2:   Dynamic Text-Based Industries and Endogenous Product Differentiation   (with Gerard Hoberg, Univ. of Maryland)
JKP-202 P. Matos
  Nov. 12 Paul Tetlock
How Wise Are Crowds? Insights from Retail Orders and Stock Returns   (appendix)   (with Eric K. Kelley, Univ. of Arizona) JKP-202 D. Solomon
  Nov. 19 Luis Goncalves-Pinto
  Marshall, USC FBE
Two Essays on Delegated Asset Management in Illiquid Markets   Job Market Paper:   How Does Illiquidity Affect Delegated Portfolio Choice?
Paper 2:    The Value of Cross-Trading to Mutual Fund Families in Illiquid Markets: A Portfolio Choice Approach   (with Juan Sotes Paladino, USC FBE)
HOH-1 L. Goncalves-Pinto
   Nov. 26          - - -  No seminar - Thanksgiving Holiday    - - -       - - -
  Dec. 3 Alexi Savov
  Stern, NYU
Free for a Fee: The Hidden Cost of Index Fund Investing JKP-202 D. Solomon
  Dec. 8
Joshua Shemesh
  Marshall, USC FBE
CEO Social Status and Risk Taking   (Job Market Paper) Seminar time: 10:00 am - DIFFERENT DAY & TIME! JKP-202
10:00 am
J. Shemesh

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 contact the FBE faculty host listed in the right hand column. For free parking, contact the FBE Dept. at (213) 740-6515 or   Parking reservations require minimum 24 hours advance notice!
University of Southern California  ·  Finance and Business Economics Department  ·  BRI-308, MC-0804
3670 Trousdale Parkway, Ste. 308  ·  Los Angeles, CA 90089-0804 ·  213-740-6515  ·  213-740-6650 fax  ·

This page last modified: 12/13/10 by Terry Lichvar, Program Administrator, USC FBE Dept.   ©2003-2010 University of Southern California