Conference Agenda

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Only Sessions at Location/Venue 
Session Overview
Location: D -112
Date: Thursday, 22/Aug/2019
HH-5: Savings and Investments
Location: D -112
Chair: Kim Peijnenburg, EDHEC Business School

IQ, Expectations, and Choice

Maritta Paloviita1, Francesco D'Acunto2, Daniel Hoang3, Michael Weber4

1: Bank of Finland, Finland; 2: Carroll School of Management, Boston College; 3: Karlsruhe Institute of Technology; 4: Booth School of Management, University of Chicago

Consuming Dividends

Konstantin Bräuer, Andreas Hackethal, Tobin Hanspal

Goethe-University Frankfurt, Germany

Political Uncertainty and Household Stock Market Participation

Vikas Agarwal, Hadiye Aslan, Lixin Huang, Honglin Ren

Georgia State University, United States of America

HH-6: Household Debt
Location: D -112
Chair: Pedro Gete, IE University

Housing consumption and investment: evidence from shared equity mortgages

Matteo Benetton1, Philippe Bracke2, Joao Cocco3, Nicola Garbarino4

1: Haas School of Business, University of California, Berkeley; 2: Financial Conduct Authority; 3: London Business School; 4: Bank of England

The Real Effects of Secondary Market Trading Structure: Evidence from the Mortgage Market

Yesol Huh, You Suk Kim

Federal Reserve Board, United States of America

Shale Shocked: The Long-Run Effect of Wealth on Household Debt

J. Anthony Cookson1, Rawley Heimer2, Erik Gilje3

1: University of Colorado Boulder, United States of America; 2: Boston College, United States of America; 3: University of Pennsylvania, Wharton School of Business, United States of America

BF-1: Behavioral Factors in Valuation: Empirical Evidence
Location: D -112
Chair: Francesco D'Acunto, Boston College

Background Noise? TV Advertising Affects Real Time Investor Behavior

Jura Liaukonyte2, Alminas Zaldokas1

1: Hong Kong University of Science and Technology, Hong Kong S.A.R. (China); 2: Cornell University, USA

Cultural Biases in Equity Analysis

Vesa Pursiainen

Imperial College London

Household Portfolio Underdiversification and Probability Weighting: Evidence from the Field

Stephen Dimmock1, Roy Kouwenberg2, Olivia S. Mitchell3, Kim Peijnenburg4

1: Nanyang Technological University; 2: Mahidol University; 3: The Wharton School; 4: EDHEC Business School

BF-2: Behavioral Factors in Valuation: Theory
Location: D -112
Chair: Liyan Yang, University of Toronto
Chair: Fernando Anjos, Nova School of Business and Economics

Choosing to Disagree

Naveen Gondhi1, Snehal Banerjee2, Jesse Davis3

1: INSEAD, France; 2: UCSD; 3: UNC Chapel Hill

Trading Complex Risks

Felix Fattinger

University of Melbourne, Department of Finance, Australia

Stock Return Extrapolation, Option Prices, and Variance Risk Premium

Adem Atmaz

Purdue University, United States of America

Date: Friday, 23/Aug/2019
FIIE-1: Fund performance
Location: D -112
Chair: Charlotte Christiansen, CREATES, Aarhus University

Best Short

Pasquale Della Corte, Robert Kosowski, Nikolaos Rapanos

Imperial College Business School, United Kingdom

What Do Mutual Fund Managers' Private Portfolios Tell Us About Their Skills?

Markus Felix Ibert

Federal Reserve Board of Governors, United States of America

Text Sophistication and Sophisticated Investors

Juha Joenväärä1, Jari Pekka Karppinen1, Melvyn Teo3, Cristian Ioan Tiu2

1: University of Oulu, Finland; 2: University at Buffalo, United States; 3: Singapore Management University

ECB-1: Interaction of monetary and macroprudential policies, impact of regulations and spillover across the financial sector
Location: D -112
Chair: Angela Maria Maddaloni, European Central Bank

Bank Market Power and Monetary Policy Transmission: Evidence from a Structural Estimation

Yufeng Wu1, Yifei Wang2, Toni Whited2, Kairong Xiao3

1: University of Illinois, Urbana-Champaign; 2: University of Michigan; 3: Columbia University

Inspecting the Mechanism of Quantitative Easing in the Euro Area

Francois Koulischer1, Ralph Koijen2, Motohiro Yogo3, Benoit Nguyen4

1: Universite du Luxembourg, Luxembourg; 2: Chicago Booth Business School; 3: Princeton University; 4: Banque de France

Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers

Carlo Altavilla1, Miguel Boucinha1, José-Luis Peydró2,3,4,5,6, Frank Smets1

1: ECB; 2: ICREA-Universitat Pompeu Fabra; 3: CREI; 4: Barcelona GSE; 5: Imperial College London; 6: CEPR

FIIE-2: Reallocation of risk accross countries
Location: D -112
Chair: Hans Degryse, University of Leuven

The Credit Channel of Fiscal Policy Transmission

Andrew Bird1, Stephen Karolyi1, Stefan Lewellen2, Thomas Ruchti1

1: Carnegie Mellon University; 2: Pennsylvania State University

The (re)allocation of bank risk

Johannes Breckenfelder1, Geert Bekaert2

1: European Central Bank, Germany; 2: Columbia GSB

”Brexit” and the Contraction of Syndicated Lending

Tobias Berg1, Anthony Saunders2, Larissa Schäfer1, Sascha Steffen1

1: Frankfurt School of Finance & Management, Germany; 2: New York University

Date: Saturday, 24/Aug/2019
FIIE-3: Limits to Regulation
Location: D -112
Chair: Ralf Meisenzahl, Federal Reserve Board

Can Technology Undermine Macroprudential Regulation? Evidence from Peer-to-Peer Credit in China

Fabio Braggion1, Alberto Manconi2, Haikun Zhu3

1: Tilburg University, Netherlands, The; 2: Bocconi University, Italy; 3: Erasmus University, Netherlands, The

Winning Connections? Special Interests and the Sale of Failed Banks

Deniz Igan1, Thomas Lambert2, Wolf Wagner2, Eden Zhang3

1: IMF; 2: Erasmus University; 3: Monash University

Liquidity Support in Financial Institutions

Falko Fecht1, Egemen Genc2, Yigitcan Karabulut1,3

1: Frankfurt School of Finance and Management; 2: Rotterdam School of Management, Erasmus University; 3: CEPR

FIIE-4: Access to Credit
Location: D -112
Chair: Andrea Polo, LUISS, EIEF

Collateral and Asymmetric Information in Lending Markets

Vasso Ioannidou1, Nicola Pavanini2, Yushi Peng3

1: Lancaster University, UK; 2: Tilburg University, Netherlands, The; 3: University of Zürich, Switzerland

The Digital Credit Divide: The Effect of Marketplace Lending on Entrepreneurship

Douglas Cumming1, Danny McGowan2, Hisham Farag2, Sofia Johan1

1: Florida Atlantic University; 2: University of Birmingham

Financial Access Under the Microscope

Sumit Agarwal1, Thomas Kigabo2, Camelia Minoiu3, Andrea Presbitero4, Andre F. Silva3

1: National University of Singapore; 2: National Bank of Rwanda; 3: Federal Reserve Board; 4: International Monetary Fund

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Conference: EFA 2019
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