Daniel will present his paper, 'The Credit Line Channel' in-person at Rouss and Robertson Hall Room 305. The paper is attached and the abstract appears below. The seminar can also be attended virtually at the following Zoom Link: https://www.commerce.virginia.edu/CIFM-seminar The Credit Line Channel Abstract: Aggregate U.S. bank lending to firms…

Tony will present his paper: Money to Burn: Wildfire Insurance via Social Networks with Emily Gallagher and Phil Mulder Abstract: Crowdfunding is an increasingly popular way to raise emergency funding after disasters. However, for victims of a recent major Colorado wildfire, we find that crowdfunding raised more support for high…

David will present his paper: Volatility and the Pricing Kernel (co-authored with Tobias Sichert) Abstract Negative stock market returns are significantly more painful to investors when they occur in periods of low volatility. To establish this fact, we show that a drop in volatility makes the pricing kernel steeper and average put option returns…

Constantine will present his paper: Data and Welfare in Credit Markets with Mark Jansen, Fabian Nagel, Anthony Lee Zhang Abstract: We show how to measure the welfare effects arising from increased data availability. When lenders have more data on prospective borrower costs, they can charge prices that are more aligned…