Jules Munier
Léman
Auszeichnungen
•10/2013: AFA Doctoral Student Travel Grant_x000D_
•09/2013: SFI Advanced Doctoral Grant_x000D_
•09/2002-09/2007: SBPE Geneva Grant for University Studies_x000D_
Education
| 2008 - Current | Candidate in Financial Economics, Swiss Finance Institute, Univerisity of Lausanne _x000D_ Dissertation: Essays in Theoretical Corporate Finance, (expected 2014) _x000D_ Advisors: Norman Schuerhoff (co-chair), Erwan Morellec (co-chair). | _x000D_
| 08/2013 - 12/2013 | Visiting Scholar, Finance Department at the University of Maryland | _x000D_
| 09/2007 -06/2009 | M.Sc. in Finance, UNIL-UNIGE-UNINE | _x000D_
| 09/2002 - 09/2007 | M.Sc. in Management, UNIGE | _x000D_
Thesis Title
Three Essays in Theoretical Corporate Finance
Thesis Advisor
Prof. Norman Schürhoff
Research Papers
•Dividend Stickiness, Managers Compensation and Cash-Holding:_x000D_
I set a dynamic cash signaling model where managers rationally pay out sticky dividends_x000D_
•Long term Debt, Cash and Firms Size (with V. Maksimovic)_x000D_
We analyze the intertwined cash, investment and debt decisions and replicate the dynamics of cash-holding and long term debt._x000D_
•Managerial Optimism and Corporate Policies:_x000D_
I explain with a dynamic model how an optimistic manager takes cash, investment and payout policy decisions._x000D_
•Credit Rationing and Cash-Holding:_x000D_
I analyze the role of credit rationing on cash-decisions when managers can pledge expected cash-flows._x000D_
Languages
French (native), English (fluent), German (basic)