Corporate Finance.

• Position: Program and Working Group Meetings

The NBER's Program on Corporate Finance met at the University of Chicago on April 10. Research Associates Thomas Philippon and Jeffrey Wurgler of New York University organized the meeting. These papers were discussed:

* Erik P. Giljc, University of Pennsylvania, "Do Firms Engage in Risk-Shifting? Empirical Evidence"

* Xavier Giroud, MIT and NBER, and Holger Mueller, New York University and NBER, "Firm Leverage and Unemployment during the Great Recession" (NBER Working Paper No. 21076)

* Manuel Adelino, Duke University; Antoinette Schoar, MIT and NBER; and Felipe Severino, Dartmouth College, "(Tanges in Buyer Composition and the Expansion of Credit during the Boom" (NBER Working Paper No. 20848)

* Atif Mian, Princeton University and NBER, and Amir Sufi, University of Chicago and NBER, "Fraudulent Income Overstatement on Mortgage Applications during the Credit Expansion of 2002 to 2005" (NBER Working Paper No. 20947)

* Claire Celerier, University of Zurich, and Boris Vallee, Harvard University...