Fall 2005

Papers and Speakers
Note: Underline indicates available link to paper. Click on link to download papers.

• Why Haven't Quants Taken Over the World?
  - Donald Putnam
  
  
• Evidence on Corporate Default Risk Premia
  Slides
  Slides Appendix
  - Darrell Duffie
  
  
• Common Failings: How Corporate Defaults Are Correlated
  Slides
  - Sanjiv R. Das
  
  
• Corporate Yield Spreads: Default Risk or Liquidilty
  Slides
  - Francis Longstaff
  
  
• On Purely Financial Synergies: Implications for Mergers and Structured Finance
  Slides
  - Hayne Leland
  
  
• The Long-Term Budget Outlook and Social Security Reform: Implications for Financial Markets
  Slides
  - Kent Smetters
  
  
• The Impact of Global Aging on Saving, Investment, Asset Prices and Returns
  Slides
  - Gary Burtless
  
  
• Saving, Portfolio Choice and Indiividual Investors: What Are We Learning From Behavioral Studies
  Slides
  - John R. Ameriks
  
  
• What Does The World Look Like when 70 Becomes The New 40: Effects On Spending, Savings and Asset Prices
  - Michael Litt
  
  
• Investor Sentiment and the Cross-Section of Stock Returns
  Slides
  - Jeffrey Wurgler
  
  
• Optimal Asset Allocation and Risk Shifting in Money Management
  Slides
  - Anna Pavlova
  
  
• The Economics of Mutual-Fund Brokerage: Evidence from the Cross Section of Investment Channels
  - David Musto