Search for European Projects

5 European Projects Found

Searched on 125080 European Projects

 FINISHED 

Empirical Macro-Finance and the Financial Economics of Insurance Markets (EMF-FEIM)

Start date: Oct 1, 2013, End date: Sep 30, 2018,

"My project consists of two lines of work. 1.Empirical Macro-Finance: Asset prices are informative about the macro-economic risks that matter to investors and about the welfare costs of economic fluctuations. However, recent empirical evidence suggests that leading asset pricing models cannot explain how risks are priced across maturities in equity markets, which is a key input to measuring the co ...
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 FINISHED 

Institutional Frictions in International Finance and Asset Pricing (IFAP)

Start date: Nov 1, 2010, End date: Oct 31, 2016,

"My project consists of three lines of work.1. Incentives of Money Managers and Asset PricingThe leading theories of asset pricing stipulate that prices in financial markets are determined by households who seek to optimise lifetime consumption (or by the so-called representative consumer ). This approach leaves no role for important institutional frictions such as, e.g., financial constraints an ...
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Corporate Governance (GOV)

Start date: Feb 1, 2011, End date: Jan 31, 2016,

"The objective of this proposal is to apply for an ERC Starting Grant to support a careful study of the design and implications of corporate governance. Corporate governance is the set of mechanisms that are designed to address the conflicts between the managers and owners of assets when there is a separation of ownership and control. These mechanisms are intended to monitor the person who has c ...
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 FINISHED 

Dynamic Structural Corporate Finance: Linking Theory and Empirical Testing (DYNACORP)

Start date: Oct 1, 2011, End date: Sep 30, 2015,

There are three components to this project: Theory; Empirical Testing; and Dissemination. All components are linked to the current policy question of how taxes influence debt and systemic risk, and all use novel dynamic structural models. I am unique in explicitly linking such models to empirical testing.Theory: “Learning, Capital Structure and Systemic Risk.” Standard dynamic structural models of ...
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Macroeconomic Dynamics with Heterogeneous Agents (MACROHETEROGENEITY)

Start date: Nov 1, 2010, End date: Oct 31, 2014,

The global recession associated with the 2008-09 financial crisis has triggered a wave of unprecedented fiscal and monetary interventions. Despite their wide use across the world, the quantitative effects of these large scale measures on the aggregate economy remain unclear. The main reason for this uncertainty is that governments and central banks have been unable, so far, to target the househo ...
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