Finance research workshops

Recent workshops

1st London Political Finance (POLFIN) Workshop

Do financial crises fire up populism? Is financial regulation designed in favour of or against the public? How can banks capture the media?

To discuss these and more interesting questions, Bayes Business School and the Systemic Risk Centre at the London School of Economics and Political Science (LSE) jointly organised the inaugural London Workshop on Political Finance (POLFIN) on the 26th to 27th June, 2020.

The online workshop brought together some of the world-leading experts presenting new research on the intricate relationship between finance and politics. Professor Sir Timothy Besley (LSE) gave the keynote speech.

Download the POLFIN programme PDF

The full videos from both days of thePOLFIN workshop are available to watch below.

Day one

Day two

Autumn 2019

7th October: "Recession Managers and Mutual Fund Performance"
Jie Cheng, Leeds Business School, Meziane Lasfer, Bayes Business School, Wei Song, Southampton Business School, Si Zhou, Shanghai University

21st October: "What a Difference a Name Makes: The Privacy Cost of Public Disclosure"
Max Muller, Whu, Caspar Peters, Erasmus University, Francisco Urzua, Bayes Business School

4th November: "Tax Avoidance Opportunities and Labour"
Mikael Homanen, Bayes Business School, Peter Brok, Copenhagen Business School

11th November: "Quit-Whilst Ahead Bias in Private Equity IRRs"
Simon Hayley, Bayes Business School, Onur Sefiloglu, Bayes Business School

18th November: "The Value-Momentum Correlation: An Investment Explanation"  
Elisa Pazaj, Bayes Business School   

25th November: "Does Regulatory Monitoring Improve M&A Outcomes: Evidence from Chinese Comment Letters"
Pawel Bilinkski, Bayes Business School, Ivana Raonic, Bayes Business School, Junzi Zhang, Bayes Business School

9th December: "Systemic Stress Testing under Central and Non-Central Clearing"
Barbara Casu, Bayes Business School, Elena Kalotychou, Cyprus University of Technology, Petros Katsoulis, Bayes Business School

Spring Term 2019

28 January: “The Contribution of Frictions to Expected Returns”
Kazuhiro Hiraki, Queen Mary University of London and George Skiadopoulos, Queen Mary University of London and University of Piraeus; also Honorary Senior Visiting Fellow at Bayes Business School

4 March: “A New Measure of Diversification: the QDX Index”
Gianluca Fusai, Bayes Business School and Domenico Mignacca, Qatar Investment Authority

Autumn Term 2018

5 November: "Strategic Disclosure, Primary Market Uncertainty, and Informed Sales"
Xingchen Zhu, Bayes Business School

12 November: "Millenial Homeownership Paradox in the Immigration Nation"
Yi Wu, Bayes Business School, Alan Tidwell, University of Alabama and Vivek Sah, University of Nevada

19 November: "Estimating Private Benefits of Control from a Dynamic Model of Shareholding"
Raffaelle Corvino, Bayes Business School

26 November: "Differences in Institutional Blockholders and Corporate Voluntary Disclosure"
Xiaochi Ge, Bayes Business School, Pawel Bilinski, Bayes Business School and Arthur Kraft, Bayes Business School

3 December: "What Drives the Disposition Effect?"
Simon Hayley, Bayes Business School, Malvina Marchese, Bayes Business School, Ian Marsh, Bayes Business School and Richard Payne, Bayes Business School

Summer Term 2018

14 May: "Foreign Ties that Bind: Cross-border Firm Expansions and Fund Portfolio Allocation around the World"
Eliza Wu (University of Sidney Business School and Bayes Visiting Researcher), Fariborz Moshirian (University of New South Wales, Sidney), Peter Pham (UNSW Sydney), Shu Tian (Asian Development Bank)

11 June: "Whittle estimation of multivariate GARCH models with long memory"Malvina Marchese, University of Genoa, Bayes Visiting Lecturer, Paolo Zaffaroni, Imperial College Business School

18 June: "The Shadow Price of Latency: Improving Intraday Fill Ratios in Foreign Exchange Markets"
Alvaro Cartea (Mathematical Institute, University of Oxford), Leandro Sanchez-Betancourt (Mathematical Institute, University of Oxford)

25 June: "Dealer Leverage and Market Liquidity"
Max Bruche (Bayes Business School), John C.F. Kuong (INSEAD)

Spring Term 2018

5 February: "Maximum Likelihood Estimation and Inference for High Dimensional Nonlinear Factor Models"
Jonathan Jona, University of Melbourne, Khai Lim University of Melbourne, Naomi Soderstrom, University of Melbourne and Henk Berkman, University of Auckland Business School

12 February: "Whittle Estimation of Multivariate GARCH Models with Long Memory"
Malvina Marchese, Bayes Business School and University of Genoa, and Paolo Zaffaroni, Imperial College Business School

27 February: "Dissecting Announcement Returns"
Mamdouh Medhat, Bayes Business School and Maik Schmeling, Bayes Business School

26 March: “Access to Banking and its Value in Developed Countries: Evidence from the U.S. Marijuana Industry”
Markus Merz (Eberhard-Karls' University of Tuebingen and Visiting Researcher, Bayes Business School) and Jan Riepe (Eberhard-Karls' University of Tuebingen)

Autumn Term 2017

16 October: "Maximum Likelihood Estimation and Inference for High Dimensional Nonlinear Factor Models"
Fa Wang, School of Economics, Shangai University of Finance and Economics, China

23 October: "Extrapolative Expectations and the Second-Hand Market for Ships"
Ioannis Moutzouris, Bayes Business School, Nikos Nomikos, Bayes Business School

30 October: "Fire-Sale Spillovers in a Network Perspective"
Christina Hans, Universitat Pompeu Fabra and Deutsche Bundesbank

06 November: "Volatility and the Cross-Section of Returns on FX Options"
Ian Marsh, Bayes Business School, Jessica James, Bayes Business School and Commerzbank

13 November: "Prudential Regulation and the OTC Derivatives Market"
Francesc Rodriguez-Tous, Bayes Business School. Jonathan Acosta-Smith, Bank of England, Gerardo Ferrara, Bank of England, Samin Ghamami, Office of Financial Research.

20 November: "Depositors Disciplining Banks: The Impact of Scandals"
Mikael Homanen, Bayes Business School

27 November: "Do Independent Advisers Improve IPO Outcomes?"
Emmanuel Pezier, Bayes Business School

04 December: "Asset Encumbrance and Bank Risk: First Evidence from Public Disclosures in Europe"
Albert Banal-Estanol, Universitat Pompeu Fabra and Barcelona GSE, Enrique Benito, City, University of London, Dimitry Khametshin, Universitat Pompeu Fabra.

11 December: “Testing for Regime Changes in Large Dimensional Factor Models”
Daniele Massacci, Bank of England

Unless otherwise stated workshops will take place in Room 2005