Agenda

Description:

Next March 13 at 3:00 p.m., Weiming Zhang's (Elaine) seminar will take place in Room E2.

Weiming Zhang (Elaine) (IE Business School) will present her paper "Socially Responsible Investors and Stock Price Informativeness", joint work with Yong George Yang (Chinese University of Hong Kong), Xintong Zhan (Fudan University) and Yaojia Zhang (Chinese ). University of Hong Kong).

Summary:We study how socially responsible investors (SRI) affect the incorporation of information into price. We find that a higher level of socially responsible institutional ownership results in a lower level of disclosure of current returns on future earnings. Using an exogenous shock to SRI ownership, we show that this relationship is causal. This effect is strengthened when ESG information attracts more attention from SRIs. Meanwhile, the market reaction to earnings news (ESG) becomes weaker (stronger) with increasing SRI holdings. We conclude that SRIs, due to their ESG preferences, weigh less (more) on earnings information (ESG) and therefore make it harder (facilitating) to incorporate earnings information (ESG) into stock prices. Additional evidence indicates that SRIs improve the relationship between current returns and future ESG performance.

Date: Wednesday 13, March2024 - 15:00h

End date: Wednesday 13, March2024 - 16:00h

Description:

Next Thursday, March 14, we will have a joint seminar with both the IAE and the DEA (Department of Applied Economics). Our (very special) speaker will be Guido Tabellini (Bocconi).

We expect a large crowd of people willing to attend the seminar and meet the speaker. Since Guido will be in Barcelona for less than 24 hours, there will be very few places.

Please note that there will be dinner the day before (Wednesday the 13th), while the seminar (the 14th) will be at 1.15pm.

We have prepared a Google form that you can use to request a place. Places will be allocated in order of reservation. You can fill out the form using the link: https://forms.gle/sCXLU37R8CT5tYkPA 

Date: Thursday 14, March2024 - 13:15h

End date: Thursday 14, March2024 - 15:00h

Description:

Next March 14 at 1:30 p.m., the presentation of Sophie Brochet will take place in the Sala de Graus.

Date: Thursday 14, March2024 - 13:30h

End date: Thursday 14, March2024 - 14:30h

Description:

We will be hosting a macro workshop on March 8th with Patrick Kehoe, Mark Aguiar and Tim Kehoe himself. It will be a fantastic opportunity to learn and participate.

It will be held in the Hall of Grades 9-6.

Date: Monday 18, March2024 - 13:30h

End date: Friday 8, March2024 - 14:50h

Description:

On March 18 at 14:45, we will find Nicola Fuchs- Schündeln (Goethe University Frankfurt) in the IAE Seminary Room. 

Nicola Fuchs-Schündeln is a professor of Macroeconomics and Development at Goethe University in Frankfurt. Prior to joining Goethe University in 2009, she was an assistant professor at Harvard University. She received her PhD in economics from Yale University in 2004 and holds an honorary doctorate from Otto von Guericke University in Magdeburg.

She is director of the CEPR macroeconomics and growth program, chair of the Review of Economic Studies, and an elected member of the Econometric Society. He received the 2018 Gottfried Wilhelm Leibniz Prize from the German Science Foundation, Germany's highest scientific award, and the 2016 Gossen Prize from the German Economic Association. He is a member of the German National Academy of Sciences Leopoldina and the Scientific Advisory Councils of the Federal Ministry of Economic Affairs and Climate Action of Germany and the Central Bank of Germany. 

It has many affiliations with international research networks.

Date: Monday 18, March2024 - 14:45h

End date: Monday 18, March2024 - 15:45h

Description:

Next March 19 at 2:40 p.m., Evan Piermont's presentation will take place in Seminar Room B3-123-C

Evan is Senior Lecturer (Associate Professor) in the Department of Economics, Royal Holloway, University of London. Study decision theory and its applications

Date: Tuesday 19, March2024 - 14:40h

End date: Tuesday 19, March2024 - 15:40h