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…

Location: Rouss Robertson Hall 227 Felix will present the following paper (preliminary work - draft not available). Progress, Delays, and the Timeliness of Reporting Abstract: This paper studies the optimal contractual arrangement when managers have private information about the progress and delays during firm operations or product development. The optimal contract may…

Andra will present the following paper, available here. Determinants and Consequences of Return to Office Policies (with Sean Flynn and Vasudha Nair) Abstract: We study the return to office (RTO) policies of publicly-traded firms by handcollecting a dataset of policy announcements for the Russell 1000 firms. The amount of in-person…

Please note Anthony's Seminar will take place at 2:30 PM to 4:00 PM in Rouss Robertson Hall 227. Anthony will present the following paper, available here. Real Effects of Rollover Risk: Evidence from Hotels in Crisis with Charles Nathanson and Michael Reher Abstract: We show how firms scheduled to roll over…