Brown Bag Seminar Series/Alumni Corner

Winter 2021

Tuesday February 16, 2020 Noon

Dr. James Saunoris

Associate Professor, Eastern Michigan University

"TBA"

Registration is in the following link: Zoom

Tuesday March 2, 2020 Noon

Dr. Edmond Berisha*

Assistant Professor, Montclair State University

"Monetary Policy Shocks and Income Inequality: Does it matter where you stand in income distribution?"

Abstract

Analyzing distributional consequences of monetary policy using a single numerical index fails to capture responses of income disparity across different subsets within the income distribution. In this study, we initially emphasize the relevance of within-and between group inequalities in explaining total income inequality in US. Then, we document that the impact of monetary policy shocks is not the same across the income groups and the impact is mainly concentrated at the upper end of income distribution. Results suggest that contractionary monetary policy narrows income disparity at the upper end of income distribution and widens income disparity between the bottom 90% and top 10% income earners.  

*Alumni Corner event

Registration is in the following link: Zoom

Tuesday April 6, 2020 Noon

Dr. Andy (Young Han) KIM

Associate Professor, SKKU Business School

"CEOs’ Facial Structure and Alliance Partner Choice"

ABSTRACT

Recent literature in accounting, finance, and neuroendocrinology have found that facial masculinity measured by the facial width-to-height ratio is associated with the drive to achieve social dominance through risk taking among male. We investigate how the formation of strategic alliance is affected by the achievement drive of the CEOs. Using a sample of 1,295 alliances of 111 US firms in high-technology industries between 1993 and 2010, we find that the firms led by more masculine faced CEOs are more likely to ally with new and socially more distant partners. This tendency is more pronounced when the partner firm is larger or more central in the alliance network and when the focal firm’s performance is below aspirations. Our paper bridges upper echelons theory and strategic alliance literature by examining the role of an important yet understudied physical attribute of executives in the context of strategic alliances.

Registration is in the following link: Zoom