Now showing items 31-40 of 43
Essays on the Weather Derivatives Market.
(2014)
This dissertation consists of two essays examining the functioning and effects of a recent financial innovation: the weather derivatives market. The modern weather derivatives market originated in the late 1990s and allows ...
Cryptocurrencies: Stylized facts on a new investible instrument
(American Bar AssociationWiley Periodicals, Inc., 2019-12)
We present stylized facts on the asset pricing properties of cryptocurrencies: summary statistics on cryptocurrency return properties and measures of common variation for secondary market returns on 222 digital coins. In ...
Three Essays in Monetary Economics and Banking
(2018)
Banks play a major role in all the economic and financial activities in modern society. In this dissertation, I explore three separate, yet closely hinged topics in banking. In the first chapter, I investigate how banks ...
Essays on Property Rights and Financing
(2018)
This dissertation comprises of two essays on property rights and financing. The two essays have tight relationship under the broad theme of intellectual property rights of firms. The first essay focuses on property rights ...
Three Essays on Frictions in Financial Markets
(2019)
In the first chapter, I develop and estimate a novel dynamic model of the secondary market trading of intangible assets in an environment where financial market frictions interfere with firm investment. Intangible asset ...
Three Essays in Financial Economics
(2019)
This dissertation examines i) how market structure and the beliefs of market participants impact U.S. corporate bond mutual funds as well as the underlying bond market, and ii) whether personal experiences affect central ...
Three Essays in Corporate Finance
(2018)
This dissertation consists of three essays in corporate finance. The essays study the applications of information friction to various contexts in corporate finance.
In the first essay, I study a board's decision to fire ...
Essays in Financial Economics.
(2016)
The first chapter studies the impact of house price expectations together with securitization, on the magnitude of risky mortgage lending by banks. This chapter first presents a simple model to explore the impact of both ...
Accounting Policy Similarity and Active vs. Passive Institutional Investors
(2018)
I examine the differential effects of similarity in accounting policy disclosures by firms on investment by active and passive institutional investors. I develop a novel measure of accounting similarity based on the textual ...
Three Essays in Dynamic Corporate Finance
(2019)
This dissertation is composed of three essays. Jointly, the essays emphasize the importance of using microeconomic data combined with dynamic models of the firm to address broader economic questions of relevance to policy ...