[{"id":14485,"title":"Concealed Carry","permalink":"https:\/\/bschool.nus.edu.sg\/biz-events\/event\/concealed-carry\/","category":"Seminars and talks","event_dept":{"value":"finance","label":"Finance"},"event_sec_dept":null,"event_details":{"event_start_date":"31  August  2022","event_end_date":"31  August  2022","event_start_time":"10:00 am","event_end_time":"11:30 am","event_dress_code":"NA"},"event_loc":{"eve_address_selection":"7","eve_location_1":{"eve_org":"NUS Business School","eve_build":"Mochtar Riady Building","eve_room":"3-2","eve_add":"15 Kent Ridge Drive","eve_count":"Singapore","eve_copos":119245,"eve_map_url":"https:\/\/goo.gl\/maps\/Q1kyjwxHNE22"},"eve_location_2":{"eve_org":"Shaw Foundation Alumni House","eve_build":"","eve_room":"Clove and Lemongrass Room Level 2","eve_add":"11 Kent Ridge Drive","eve_count":"Singapore","eve_copos":119244,"eve_map_url":"https:\/\/goo.gl\/maps\/docgThkDWFxKdb9c7"},"eve_location_3":{"eve_org":"Hon Sui Sen Memorial Library Auditorium","eve_build":"","eve_room":"","eve_add":"1 Hon Sui Sen Drive","eve_count":"Singapore","eve_copos":117588,"eve_map_url":"https:\/\/goo.gl\/maps\/NJjWK4RMpC92"},"eve_location_4":{"eve_org":"NUSS Kent Ridge Guild House","eve_build":"","eve_room":"Dalvey Room","eve_add":"9 Kent Ridge Drive","eve_count":"Singapore","eve_copos":119241,"eve_map_url":"https:\/\/goo.gl\/maps\/nXn2Luh96pH2"},"eve_location_5":{"eve_org":"Institute of Data Science","eve_build":"Innovation 4.0","eve_room":"1-3","eve_add":"3 Research Link","eve_count":"Singapore","eve_copos":117602,"eve_map_url":"https:\/\/goo.gl\/maps\/i1xocvvDh27QUXem7"},"eve_location_6":{"eve_org":"","eve_build":"","eve_room":"","eve_add":"","eve_count":"","eve_copos":"","eve_map_url":""},"eve_location_7":"Fully virtual.   ZOOM Details:   https:\/\/nus-sg.zoom.us\/j\/81845526740?pwd=QWFyeGhKRWF5Z01LQkk3UEZDRFZJQT09;    Meeting ID: 818 4552 6740 ;    Passcode: 260955"},"event_introduction":null,"event_short_intro":null,"event_topic":null,"event_banner":null,"event_external_url":null,"event_registration_details":null,"event_speaker":[{"event_speaker_name":"Riccardo Colacito","event_speaker_designation":"Professor of Finance","event_speaker_affiliation":"University of North Carolina @ Chapel Hill","event_speaker_picture":"https:\/\/bschool.nus.edu.sg\/biz-events\/wp-content\/uploads\/sites\/42\/2022\/08\/Riccardo_resize-again.jpg","event_speaker_url":"https:\/\/drric.web.unc.edu\/","event_speaker_introduction":"<p>This is an award-winning Paper.<\/p>\n<p><em>[Joint research with Spencer Andrews, Max. Croce and Federico Gavazzoni ]<\/em><\/p>\n<p>&nbsp;<\/p>\n"}],"event_agenda":null,"event_photo_gallery":null,"event_presentations":null,"event_custom_heading":[{"event_custom_title":"NUS Seminar Series 2022","event_custom_details":"<p><strong>Abstract <\/strong><\/p>\n<p>The slope carry takes a long (short) position in the long-term bonds of countries with steeper (flatter) yield curves. The traditional carry takes a long (short)position in countries with high (low) short-term rates. We document that: (i) the slope carry return is slightly negative (strongly positive) in the pre (post) 2008 period, whereas it is concealed over longer samples; (ii) the traditional carry return is lower post-2008; and (iii) expected global growth and inflation declined post-2008. We connect these findings through an equilibrium model in which countries feature heterogeneous exposure to news shocks about global output and global inflation.<\/p>\n"}],"event_enquiry_details":{"event_enq_full_name":"Patricia","event_enq_department":"Finance","event_enq_email":"","event_enq_telephone":"65163153","event_enq_website":""}}]