Department of Economics

New York University


DOUGLAS GALE


FINANCIAL ECONOMICS WORKSHOP
Spring semester 2007


General information
Contact: Douglas Gale                       douglas.gale@nyu.edu
Meetings:                                           Friday 10:00 AM - 12:00 noon

    

 

Schedule

February 9 Douglas Gale

Review of last semester's work

Slides

February 23 Dino Palazzo

Gompers, Paul A., Ishii, Joy L. and Metrick, Andrew, "Corporate Governance and Equity Prices" . Quarterly Journal of Economics, Vol. 118, No. 1, pp. 107-155, February 2003

Anders Nielsen "Corporate Governance, Capital Structure Choice and Equity Prices" Princeton University, unpublished 2006

March 2 Guido Ruta and Jonathan Halket

Vincenzo Quadrini and Urban Jermann "Financial Innovation and Macroeconomic Volatility" unpubished November 10, 2006

Tom Cooley, Ramon Marimon and Vincenzo Quadrini "Aggregate Consequences of Limited Contract Enforcement"

March 9 and 16 Winter break

March 23 Gianluca Clementi and Dino Palazzo

Berk, Jonathan B., Green, Richard C. and Naik , Vasant, "Optimal Investment, Growth Options, and Security Returns" (June 1998). NBER Working Paper No. W6627

Panageas, Stavros and Jianfeng Yu "Technological Growth, Asset Pricing, and Consumption Risk," (May, 2006) Wharton School, University of Pennsylvania.

March 30 Jonathan Halket

Joao Gomes, Leonid Kogan, and Lu Zhang "Equilibrium Cross Section of Returns" Journal of Political Economy 2003, vol. 111, no. 4, 693-733

April 6 Guido Ruta

Christopher A. Hennessy and Toni M. Whited "How Costly is External Financing? Evidence from a Structural Estimation" University of California, Berkeley and University of Wisconsin, Madison, unpublished 2006

Toni M. Whited and Guojun Wu "Financial Constraints Risk" Review of Financial Studies RFS Advanced Access 2007

April 13 Alberto Bisin

Xavier Gabaix and Augustin Landier "Why Has CEO Pay Increased So Much?" MIT and New York University unpublished 2007

April 20 Jordan Brooks

Lorenzo Garlappi, Tao Shu, and Hong Yan, "Default Risk, Shareholder Advantage, and Stock Returns" University of Texas at Austin unpublished 2006

John Y. Campbell, Jens Hilscher, and Jan Szilagyi "In Search of Distress Risk" unpublished 2005