2005 Fall Seminar

CREDIT ANALYSIS and DEMOGRAPHICS AND INVESTING

Papers and Speakers
Note: Titles in blue indicate 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 Individual 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

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