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
213-740-6533
  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
213-740-6533
  Sept. 17 Albert "Pete" Kyle
  Univ. of Maryland
Market Microstructure Invariants   (with Anna Obizhaeva, University of Maryland)   [presentation slides] JKP-202 P. Matos
213-740-6533
  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
213-740-6533
  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
213-740-6533
  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
213-740-6515
  Oct. 15       No seminar USC President Max Nikias' inauguration
The inauguration is free and open to the public.
  - - -    - - -
  Oct. 18
MON.
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
213-740-6533
  Oct. 22 Zhi Da
  Notre Dame
Electricity Consumption and Asset Prices   (with Hayong Yun, University of Notre Dame) HOH-1 P. Matos
213-740-6533
  Oct. 26
  TUE.
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
213-740-5036
  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
213-740-6533
  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
213-740-6533
  Nov. 12 Paul Tetlock
  Columbia
How Wise Are Crowds? Insights from Retail Orders and Stock Returns   (appendix)   (with Eric K. Kelley, Univ. of Arizona) JKP-202 D. Solomon
213-740-1057
  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
213-740-4801
   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
213-740-1057
  Dec. 8
WED.
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
213-740-4801

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 fbe@usc.edu.   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
fbe@usc.edu  ·  http://www.marshall.usc.edu/FBE

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