phbs
16 Aug 2019
PHBS Seminar Series:Deep Momentum Strategy
We document bi-modality of relative stock returns when conditioned on momentum factors, which makes the momentum s
16 Aug 2019
PHBS Seminar Series: On the Pure Theory of Wage Dispersion
We study an equilibrium model of the labor market with identical firms and homogeneous workers, and with search
16 Aug 2019
PHBS Seminar Series: Does Mutual Fund Working Experience Affect Private Fund Performance?
We evaluate how prior mutual fund working experience affects private fund managers’ performance Using a nove
16 Aug 2019
PHBS Seminar Series: Self-Harming Trade Policy? Protectionism and Production Networks
In recent years, hidden behind unchanging tariff policies, governments used temporary trade barriers (TTBs)---antidum
16 Aug 2019
PHBS Seminar Series: Optimal Financial Contracting and the Effects of Firm’s Size
We consider the design of optimal dynamic financing for a firm subject to moral hazard problems With respect to
16 Aug 2019
PHBS Seminar Series: Who Has Skills in Trading Options?
This paper uses account-level transaction data in Korea’s index options and futures to examine option trading
31 May 2019
PHBS Seminar Series: The Effects of Analyst-Auditor Connections on Analysts’ Performance and Auditor Switches
We examine the effects of school ties between analysts and the signatory auditors of the companies they cover W
29 May 2019
PHBS Seminar Series: Money and Credit: Theory and Applications
We develop a theory of money and credit as competing payment instruments, then put it to work in applications
28 May 2019
PHBS Seminar Series: Liquidity and Exchange Rates: An Empirical Investigation
We find strong empirical evidence that economic fundamentals can well account for nominal exchange rate movements
20 May 2019
PHBS Seminar Series: Institutions, Leaders’ Career Concerns and FDI Inflows in China
Political institutions characterized by high political risks deter foreign direct investment (FDI) We argue that c
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