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Brent Ambrose (Penn State)
McIntire, RRH 410Brent Ambrose will present the following paper: Do Appraiser and Borrower Race Affect Mortgage Collateral Valuation? (Link) Abstract: We examine racial bias in property appraisals using a national sample of refinanced mortgages from 2000 to 2007. Our data allow us to observe the race of the appraiser and homeowner in Read more…
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Brownbag: Francis Won (Darden)
Darden, FOB 294 -
Claire Celerier (Toronto)
McIntire -
Alexander Butler – Jones Graduate School of Business (Rice)
Darden, FOB 194A Market-based Measure of Climate Risk for Cities Abstract We use information from financial markets to construct a comprehensive measure of cities’ economic exposure to climate-related risks. Studying a large sample of municipal bonds issued by U.S. cities, we document substantial variation in how municipal bond prices respond to innovations Read more…
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Brownbag: Zhaohui Chen (UVA, McIntire)
Darden, FOB 194 -
Victoria Ivashina (HBS)
McIntire, RRH 410Victoria Ivashina will present the following paper (click link in title for paper). Bank Runs and Interest Rates: A Revolving Lines Perspective with Falk Brauning Abstract: Revolving credit is at the core of the banking business. Corporate revolving credit lines are demandable claims; thus, similar to a traditional bank run Read more…
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Brownbag: Marco Cipriani (Federal Reserve Bank of New York)
Darden, FOB 294Tracing Bank Runs in Real Time Abstract We use high-frequency interbank payments data to trace deposit flows in March 2023 and identify twenty-two banks that suffered a run, significantly more than the two that failed but fewer than the number with large negative stock returns. The runs were driven by Read more…
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Kevin Crotty (Rice)
McIntire -
Brownbag: Rodney Sullivan (Darden)
Darden, FOB 194 -
Juanita González-Uribe – London School of Economics
Darden, FOB 194Managerial Springboards: Employee Spillovers of Startup Accelerators Abstract: We study whether accelerators shape employees’ careers. Drawing on employee-level resume data across the Americas and a Colombian natural experiment with wage records, we find that employees of accelerator-backed startups are more likely to become managers in other firms, earn higher wages, Read more…
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Jessica Jeffers – HEC Paris
Darden, FOB 194Collusion through Common Leadership Abstract This paper studies whether common leadership, defined as two firms sharing executives or board directors, contributes to collusion. Using an explicit measure of labor market collusion from unsealed court evidence, we find that the probability of collusion between two firms increases by 12 percentage points Read more…
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Nuno Clara – Duke University, Fuqua School of Business
Darden, FOB 194Investments that Make our Homes Greener: The Role of Regulation Abstract The operation of residential buildings is responsible for roughly 22% of the global energy consumption and 17% of the CO2 emissions. We study the investments triggered by a regulatory intervention requiring rented properties to satisfy minimum energy efficiency standards. Read more…
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Matt Denes – Carnegie Mellon University, Tepper School of Business
Darden, FOB 294How Big is Small? The Economic Effects of Access to Small Business Government Support Abstract Industry size standards that determine eligibility for U.S. small business support have vastly increased over the past decade. We exploit quasi-random variation in the implementation of size standard increases to study the effects on small Read more…
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15 events found.