Fudan-LSE Lecture Series No.36

THE SPEAKER

Vicente Cuñat is currently Professor of Finance at London School of Economics (LSE). He is a renowned researcher in the fields of corporate finance and corporate governance. He also has wider research interests in banking, applied theory, applied econometrics and industrial organization. Over the course of his career, he has published numerous papers at top-tier economics and finance journals, including American Economic Review, American Economic Journal: Microeconomics, Journal of Labor Economics, Journal of Finance, Journal of Financial Economics and Review of Financial Studies. Most influential contributions of his papers include providing answers to important puzzles about the pricing and provision of trade credit, and estimating the causal effects of corporate governance on firm value.

ABSTRACT

Which workers suffer (or benefit) from firm-level uncertainty shocks? Prof. Cuñat will use a matched workers-firms dataset of the population of Swedish firms for 1997-2017 to address this question and discuss the interplay between firm-level uncertainty shocks and heterogeneous employment decisions.