Research seminars

Dynamic Investment Opportunities and the Cross-Section of Hedge Fund Returns: Implications of Higher-Moment Risks for Performance

Speaker: Vikas Agarwal- BNP Hedge Fund Centre
Georgia State

18 December 2008 - From 14:00 to 15:30


Growth theory under time-dependent discount rate

Speaker: Ivar Ekeland
University of British Columbia

16 December 2008 - From 14:30 to 16:00

Various considerations, notably intergenerational fairness, lead to time dependent discount rates. When this is the case, the social planner exhibits time inconsistency, and optimal growth cannot hold. In this talk, I shall introduce a concept of equilibrium growth, and investigate what
becomes of the classical results of Ramsey and von Neumann.

Economics Seminar X-HEC
Location: Ground Floor Library, Economics Department, Polytechnique

Takeover Activity and Target Valuations: Feedback Loops in Financial Markets

Speaker: Alex Edmans
University of Pennsylvania

12 December 2008 - From 10:00 to 11:30


Economic Growth, Business Cycles, and Expected Stock Returns

Speaker: Catherine MUELLER
HEC Paris, Job Market Candidate

11 December 2008 - From 14:00 to 15:30

Why do foreign firms have less idiosyncratic risk than US firms

Speaker: René STULZ
Ohio State

4 December 2008 - From 14:00 to 15:30