Hauptseminar Financial Economics
Alex Stomper (HU Berlin)
Topics of the Hauptseminar in Financial Economics
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Sovereign Credit Risk
- Milbradt and Oehmke, 2011, Maturity Rationing, working paper. Mian and Santos, 2011, Liquidity Risk and Maturity Management over the Credit Cycle, NBER working paper.
- Bolton and Jeanne, 2009, Structuring and Restructuring Sovereign Debt: The Role of Seniority, Review of Economic Studies.
- Gennaioli, Martin, and Rossi, 2011, Sovereign Default, Domestic Banks and Financial Institutions, working paper.
- Trebesch and Cruces, 2011, Sovereign Default: The Price of Hair- cuts, working paper.
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Limits to Arbitrage and Commodity Markets
- Bessembinder and Lemmon, 2002, Equilibrium Pricing and Optimal Hedging in Electricity Forward Markets, Journal of Finance.
- Acharya, Lochstoer, and Ramadorai, Limits to Arbitrage and Hedging: Evidence from Commodity Markets, working paper.
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Risk Management
- Adam, Dasgupta and Titman, 2007, Financial Constraints, Competition, and Hedging in Industry Equilibrium, Journal of Finance.
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Risk Sharing Within Firms – Guiso, Pistaferri and Schivardi, 2005, Insurance within the Firm, Journal of Political Economy
- Pistaferri, Guiso and Schivardi, 2010, Credit within the Firm, working paper.
- Chen, Kacperczyk and Ortiz-Molina, 2012, Do Nonfinancial Stakeholders Affect the Pricing of Risky Debt? Evidence from Unionized Workers, Review of Finance