Author: admin

 The Risk Premium on Balance Sheet CapacitybyAnusar Farooqui Indian Institute of Management Udaipur; McGill University; Columbia UniversityOn25th July, 2017 (Tuesday) at 3:00 PMVenue : Seminar Room (First Floor)Department of Economics, Delhi School of EconomicsAll are cordially invitedAbstractWe show that exposure to shocks to the balance sheet capacity of US securities broker-dealers carries a significant risk premium. We construct a novel measure of dealer risk appetite and show that it is priced in the cross-section of expected stock excess returns; even after controlling for benchmark risk factors (MKT, SMB, HML, RMW, CMA, MOM and VOL). We document that risk appetite, median book-to-market ratio,

 Poverty and Migration in the Digital Age: Experimental Evidence on Mobile Banking in BangladeshbyJonathan Morduch Wagner Graduate School of Public Service, New York UniversityOn27th July, 2017 (Thursday) at 3:00 PMVenue : Seminar Room (First Floor)Department of Economics, Delhi School of EconomicsAll are cordially invitedAbstractWe experimentally estimate the impacts of mobile banking in a sample of rural households in northern Bangladesh paired to family members working in Dhaka. The treatment substantially increased the adoption and use of mobile banking accounts, which were used actively to send and receive remittances.The rural households receiving remittances reduced borrowing, increased savings, and saw gains in health, education and