Marshall School of Business

Fall 2013
FBE Finance Seminar Series

The USC Finance and Business Economics Department typically sponsors three seminar series each semester.
Applied Economics Workshop | Finance Seminar Series | Macroeconomics & International Finance Workshop
The joint Price School of Public Policy/Marshall School of Business 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 JKP-202 except Oct. 11, Nov. 15,
and Dec. 6
when the seminar will be held in JKP-102, and our two THURSDAY seminars.
   We no longer provide
hardcopies of the papers. If you want a hardcopy, please download the PDF file by clicking on the paper title and
print a copy for yourself.
  Thank you.  [Parking & seminar map]

Rev Date Speaker Title of Paper Room
  Aug. 30 Lars Lochstoer
Parameter Learning in General Equilibrium: The Asset Pricing Implications   (co-authors: Pierre Collin-Dufresne, Columbia, and Michael Johannes, Columbia)
  Sept. 6 Samuel Hartzmark
  USC FBE Ph.D. Candidate
The Worst, the Best, Ignoring All the Rest: The Rank Effect and Trading Behavior
  Sept. 13 Gustavo Manso
  Haas, UC Berkeley
Experimentation and the Returns to Entrepreneurship     abstract    Per the author's request, this paper will not be posted. Please email the Program Administrator to obtain a PDF copy of the paper.
  Sept. 20 Frederico Belo
  Carlson, Minnesota
Endogenous Dividend Dynamics and the Term Structure of Dividend Strips   (co-authors: Robert S. Goldstein, Minnesota, and Pierre Collin-Dufresne, Columbia)     SSRN link for future updates
  Sept. 27 Michael Roberts
  Wharton, U. Penn.
Financial Crowding Out   (co-authors: John R. Graham, Duke, and Mark T. Leary, WUSTL)
  Oct. 4 Chao Zhuang
  USC FBE Ph.D. Candidate
Share Repurchases: How Important Is Market Timing?     appendix
  Oct. 11 Mara Faccio
CEO Gender, Corporate Risk-Taking, and the Efficiency of Capital Allocation   (co-authors: Maria-Teresa Marchica, University of Manchester, and Roberto Mura, University of Manchester)
  Oct. 18 Robert Novy-Marx
  Simon, Rochester
 CANCELLED 10/16/13 - will be rescheduled for next fall (sorry)
  Oct. 24
Manju Puri
  Fuqua, Duke
Loan Officer Incentives and the Limits of Hard Information      (co-authors: Tobias Berg, Humboldt Univ. of Berlin and NYU, and Jörg Rocholl, European School of Management and Technology)    seminar: 2:00p - 3:30p, HOH-303
  Oct. 25 Philipp Schnabl
  Stern, NYU
Who Borrows from the Lender of Last Resort?   (co-authors: Itamar Drechsler, NYU Stern, Thomas Drechsel, LSE, and David Marques-Ibanez, ECB)
  Nov. 1 Amiyatosh Purnanandam
  Univ. of Michigan
Design of Financial Securities: Empirical Evidence from Private-label RMBS Deals   (co-author: Taylor Begley, Univ. of Michigan)
  Nov. 8
- - -
 No seminar.
- - -
  Nov. 14
Joey Engelberg
First, Do No Harm: Financial Conflicts in Medicine   (co-authors: Christopher A. Parsons, UCSD, and Nathan Tefft, Univ. of Washington)    seminar: 2:00p - 3:30p, JKP-210
  Nov. 15 Antoinette Schoar
The Incentive Effect of IT: Randomized Evidence from Credit Committees   (co-author: Daniel Paravisini, LSE)
  Nov. 22 Luigi Zingales
  Booth, Chicago
Time Varying Risk Aversion   (co-authors: Luigi Guiso, European University Institute, and Paola Sapienza, Northwestern University)
   Nov. 29
- - -
 Thanksgiving Holiday - No seminar    - - -
  Dec. 6 Gerard Hoberg
  Univ. of Maryland
Do Fraudulent Firms Engage in Disclosure Herding?
(co-author: Craig Lewis, Vanderbilt)
 > Dec. 13-14
See website for details!
Finance, Organizations and Markets (FOM)
Research Conference

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 Program Administrator. 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: 12/5/13 by Terry Lichvar, Program Administrator, USC FBE Dept.   ©2003-2013 University of Southern California