Ela Seyedalikhani is a PhD student in Finance at the Tippie College of Business.

Join us to hear from Filippo Mezzanotti, Northwestern University.  His presentation is titled, "Research and/or Development?  Financial Frictions and Innovation Investment". 

Abstract: U.S. firms have reduced their investments in scientific research compared to product development. We use Census data to study how the composition of R&D responds to an increase in the cost of funds. Companies forced to refinance during the 2008 financial crisis made substantial cuts to R&D. These reductions were...

Join us to hear from Josh Lerner, Harvard University. His presentation is titled, "What Do Impact Investors Do Differently?" 

Abstract: In recent years, impact investors—private investors who seek to generate simultaneously financial and social returns—have attracted intense interest and controversy. We analyze a novel, comprehensive data set of impact and traditional investors to assess how the non-financial characteristics of impact portfolios differ from their traditional counterparts. First...

Join us to hear from Colin Ward, University of Minnesota. His presentation is titled, "Appropriated Growth". 

Abstract: We assess how labor mobility affects intangible investment through the lens of a structural model that features knowledge spillovers and an agency conflict between investors and key employees. Our calibration to US data targets responses of employee turnover and firms’ intangible investment to variation in workers’ outside option values that are identified by state-level...