Moody's Research Seminar Series


Seminars will be on Fridays, 10:30 am to 12:00 pm. Students will have an opportunity to meet with speakers right after the seminar, from 12:00 pm to 12:30 pm.


Room for the seminar is Isenberg 106.


The seminar is made possible through a generous contribution by Moody's Investors Services.


January 24

David Keisman

Moody's Investors Services

1.  Lessons from 25 Years of 'Chapter 22'


2.  Lessons from 200 LBO Defaults


3.  Next Default Cycle May Feature Lower Default Rate, but Higher Investor Losses


4.  Hollow Threat



January 31


Barbara Mack

CAIA and Pingry Hill Enterprises

High Frequency Trading:  Risks, Rewards, and Regulation

February 7

Andrei Kirilenko

High Frequency Trading

February 14

Ben Branch

UMass Amherst

1.  Managing a Covered Option Portfolio


2.  Option Writing Strategies

February 21

Fei Fang







 Chi Zhang

UMass Amherst







UMass Amherst

Volatility Smile and Cross-Section of Expected Stock Returns--The Predictability Attributed to Jump Risk and Risk-neutral Higher Moments (FANG)


Hedge Fund Activeness and Performance (ZHANG)



February 28

Roger Stein

State Street and MIT

Aggregate and firm-level measures of systemic risk from a structural model of default

March 7

Andrey Malenko


Auctions with Endogenous Initiation

March 14

Jerome P. Taillard
Boston College

Does Risk Management Affect Firm Value? Evidence from a Natural Experiment

March 28

Lu Zheng

UC Irving

Home Bias and Local Contagion:  Evidence from Funds of Hedge Funds

April 4

Boston Seminar



April 11

Diana Knyazeva

University of Rochester

Creditor Rights and Aggregate Factors in Loan Terms

April 18                                          

Rachita Gullapalli SEC

Foreign Capital and Firm Financial Constraints:  Evidence from Two Systemic Liquidity Crises

April 25                                         

John Lonski
Moody's Investors Services

Tight Credit Spreads atop Extremely Low Yields Dispute Consensus on Rates


Thin Spreads Bring More Downgrades than Upgrades

May 2 

     held in ISOM #108

Isenberg Research Day

Andrew Lo