Organisation : Faculté de Droit, d’Économie et de Finance (FDEF)
-
-
Events
Takeover Duration and Negotiation Process
En savoir plusAbstractWe study the determinants of takeover duration. We focus onbidder-initiated, one-to-one negotiations. As time goes on, bothparties learn about true deal synergies due to the negotiationprocess. At any moment, rival bidders can show up and competefor the target. Using a discrete time finite horizon dynamicprogramming approach, we study the equilibrium relationsbetween the negotiation duration, the…
-
-
Events
Lunchseminar in Economics: Finding Local Fiscal Multipliers: Do local Elections Matter
En savoir plus -
Events
Mind the (Convergence) Gap: Forward Rates Strike Back!
En savoir plusAbstractIf a variable other than forward rates predicts future bond excessreturns, it must also provide information on the future path ofyields. We show that the difference between the natural rate ofinterest and the current level of monetary policy stance, dubbedConvergence Gap (CG), forecasts changes in yields and helpsidentify whether forward rates reflect expectations of future…
-
Events
The International Organization of Securities Commissions (IOSCO) and the new international financial architecture: what role for IOSCO in the development and implementation of cross-border regulation and equivalence?
En savoir plus -
-
Events
Think Tank pour le développement de l’arbitrage à Luxembourg
En savoir plusL’importance croissante de l’arbitrage peut susciter des inquiétudes légitimes quant à l’égalité procédurale, mais aussi économique des parties. Une partie peut se trouver dans une situation d’inégalité par rapport à son adversaire que ce soit au moment d’envisager le recours à l’arbitrage dans la négociation contractuelle ou pendant le déroulement de la procédure arbitrale. Pour…
-
Events
Dialogue between experts and practitioners relating to the mobility aspects of the EU Commission’s “Company Law Package” (from 25 April 2018)
En savoir plus -
Events
Friends during Hard Times: Evidence from the Great Depression
En savoir plusAbstractUsing a novel dataset of over 3500 public and private firms, we construct thenetwork of firm connections through executives and directors on the eve of the1929 financial market crash. We find that more connected firms have higher 10-year survival rates, on average and using geographic market segmentation foridentification. Consistent with a financing channel, the results…