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X-ORIGINAL-URL:https://research.reading.ac.uk/economics
X-WR-CALDESC:Events for Economics Research
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TZOFFSETFROM:+0000
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DTSTART:20210328T010000
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DTSTART;TZID=Europe/London:20210204T130000
DTEND;TZID=Europe/London:20210204T134500
DTSTAMP:20260611T235701
CREATED:20210111T164140Z
LAST-MODIFIED:20210111T164512Z
UID:2175-1612443600-1612446300@research.reading.ac.uk
SUMMARY:Ran Tao (ICMA) "News-Based Links and Cross-firm Return Predictability" - PhD Seminar
DESCRIPTION:Abstract \nApplying a “co-coverage” concept to the Dow Jones Newswire articles\, we propose to identify each firm’s news-based links (NBLs) and thereby construct a newsworthiness economic grouping scheme. The advantage of NBLs is to capture the up-to-date relative importance of different economic links between a base firm and its peers. We show that a base firm’s share price responses persistently to the shock transmitted from its industry peers reweighted by the NBLs. Additional empirical tests show that the relative importance of those NBLs is not immediately clear to the investors and therefore is reflected sluggishly in the return shock from NBL peers to the base firms. Taken together\, our results suggest that monitoring news co-coverage plays an important role in understanding the cross-firm return predictability documented in the literature
URL:https://research.reading.ac.uk/economics/event/ran-tao-icma-news-based-links-and-cross-firm-return-predictability-phd-seminar/
LOCATION:Microsoft Teams
CATEGORIES:PhD Seminars
ORGANIZER;CN="Carl%20Singleton":MAILTO:c.a.singleton@reading.ac.uk
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DTSTART;TZID=Europe/London:20210204T134500
DTEND;TZID=Europe/London:20210204T143000
DTSTAMP:20260611T235701
CREATED:20210201T191139Z
LAST-MODIFIED:20210201T191139Z
UID:2211-1612446300-1612449000@research.reading.ac.uk
SUMMARY:Konstantina Boutsioukou (RHUL) "Parental background and access to tertiary education in Greece: Changes in times of crisis" - PhD seminar
DESCRIPTION:Abstract\nIn this study I explore how university entry patterns in Greece were affected by the debt crisis over the period 2008-2016. In particular\, I study the distribution of educational participation in elite university programmes in Greece and examine whether the link between parental background and admission to elite university programmes has changed as a result of the economic recession that hit Greece in 2009. I use individual-level data for admissions to every undergraduate university program in Greece for nine rounds of admission cohorts (2008-2016) and data on the university admission thresholds (2008-2016) for every undergraduate university programme\, recording the minimum score required for entry. I find that students from higher educational backgrounds are more likely to be admitted to elite departments such as medicine\, law and engineering compared to students from poorer educational backgrounds. However\, the results indicate that the socioeconomic gradient of entry into the elite programmes has become flatter over the years of the crisis.
URL:https://research.reading.ac.uk/economics/event/konstantina-boutsioukou-rhul-parental-background-and-access-to-tertiary-education-in-greece-changes-in-times-of-crisis-phd-seminar/
LOCATION:Microsoft Teams
CATEGORIES:PhD Seminars
ORGANIZER;CN="Carl%20Singleton":MAILTO:c.a.singleton@reading.ac.uk
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