While modern financial networks are so large, complex, and dynamic that the interactions between their members are impossible to model in their entirety, mathematical models with some simplifying assumptions allow for effective study of network dy...
I contribute to the literature by formally modeling the indirect bankruptcy costs for a firm that sells durable goods. Consumers concerned about warranties or future product services penalize the distressed firm by putting off purchases or leaving...
This dissertation contains two essays on empirical asset pricing. The first essay tests a two-beta currency pricing model that features betas with risk-premium news and real-rate news of the currency market. I find that the beta associated with ri...
This dissertation contains three connected essays that feature financial market innovation and product market innovation. Two essays feature return predictability in commodity futures, which have been financialized during the past two decades. One...
KARLA NATALIA VILLATORO GODOY. Three Essays on Corporate Financial Policies. (Under the direction of DR. DAVID C. MAUER) In the first chapter ("Brand Equity and Corporate Debt Structure"), we develop measures of brand equity based on firms’ portfo...
