https://t.co/Ycl6Tp0oxk
Luke Taylor, Stephen Terry, and I are doing it again. This will be the 5th structural summer school in finance. We do not just teach papers. We teach techniques, and then we have students work on a problem set. Please get your students to apply.
In the midst of several global banks announcing stock buyback programs, learn more from @GregNini, PhD, professor of finance, about what buybacks are, how they work, and other options for excess profits. https://t.co/CcA1b4w4Ie
Paper with @GregNini on the loan primary market's reaction to dropdown and uptier transactions is now in print. Thanks to editors and referees at Journal of Legal Studies: https://t.co/XFS4F6dFjx
@JulianBulaon Do you have an example where temporal seniority helped creditors? I’d like to know how maturing earlier might affect recovery rates or pricing.
@paulgp This seems to mitigate the impact on demand for higher education. Yes there will be fewer college-age kids, but they will likely have higher propensity to go to college. Maybe wishful thinking 🤔
MFA has emerged as an excellent conference over the last decade due to more than one person - even if Hengjie is pretty great! Credit to Jon Garfinkel, Gordon Phillips, Prabhala, and all the others before them who have devoted so much time to the organization.
Conference Announcement: We will host the second annual Harvard-Wharton Insolvency & Restructuring Conference for academic works-in-progress in debt, restructuring and bankruptcy on September 20-21, 2024.
https://t.co/z0MbfI2shL
Hope to see some of you there!
1/8 It's official. The US gvt in analysis of the costs and benefits of any new regulation will now use long-run discount rates as low as 1.1%. All proposed regulation the Administration says has high costs today but high benefits in the future just got a BIG, unjusified boost.
I am excited about this collaboration with the FRA conference. I hope it attracts new, innovative papers on new topics to the @J_Fin_Economics. Really looking forward to the submissions!