Conference Agenda

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Only Sessions at Location/Venue 
Session Overview
Location: D -113
Date: Thursday, 22/Aug/2019
FIIE-5: Bank Supervision
Location: D -113
Chair: Dragana Cvijanovic, Warwick Business School

Supra(National) Supervision

Rainer Haselmann1, Shikhar Singla2, Vikrant Vig2

1: Goethe University Frankfurt, Germany; 2: London Business School

Regulatory Scrutiny and Bank Credit Supply

James Wang, Ivan Ivanov

Federal Reserve Board, United States of America

“Inspect what you expect to get respect” Can bank supervisors kill zombie lending?

Diana Bonfim1, Geraldo Cerqueiro2, Hans Degryse3,6, Steven Ongena4,5,3,6

1: Bank of Portugal; 2: Católica Lisbon School of Business and Economics.; 3: KU Leuven; 4: University of Zurich; 5: SFI; 6: CEPR

FIIE-6: Systemic risks and runs
Location: D -113
Chair: Elena Carletti, Bocconi University

Systemic Risk-Shifting in Financial Networks

Jonathon Hazell1, Co-Pierre Georg2,3, Matthew Elliott4

1: MIT; 2: University of Capetown; 3: Deutsche Bundesbank; 4: University of Cambridge

Operating Leverage, Coordination Failures, and Systematic Risk

Matthieu Bouvard, Adolfo de Motta

McGill University, Canada

A Dynamic Model of Systemic Bank Runs

Xuewen Liu

HKUST, Hong Kong S.A.R. (China)

FIIE-7: Regulation, Credit and Hedge funds
Location: D -113
Chair: Sascha Steffen, Frankfurt School

Loan Guarantees and Credit Supply

Natalie Bachas1, Constantine Yannelis2, Olivia Kim3

1: Princeton, United States of America; 2: Chicago Booth School of Business; 3: MIT Sloan

Bank-Intermediated Arbitrage

Nina Boyarchenko, Thomas Eisenbach, Pooja Gupta, Or Shachar, Peter Van Tassel

Federal Reserve Bank of New York, United States of America

Capital Regulations and Credit Line Management during Crisis Times

Paul Pelzl1,2,3, Maria Teresa Valderrama4

1: The VU Amsterdam, Netherlands; 2: Tinbergen Institute; 3: De Nederlandsche Bank; 4: Oesterreichische National Bank

FIIE-8: Financing innovations and funding
Location: D -113
Chair: Tobias Berg, Frankfurt School of Finance and Management

Financial Inclusion, Human Capital, and Wealth Accumulation: Evidence from the Freedman's Savings Bank

Luke Stein1, Constantine Yannelis2

1: Arizona State University, United States of America; 2: University of Chicago, United States of America

Completing Markets with Contracts: Evidence from the First Central Clearing Counterparty

Guillaume Vuillemey1,2

1: HEC Paris, France; 2: CEPR

Are risky banks rationed by corporate depositors?

Daniel Friedmann1, Bjorn Imbierowicz2, Anthony Saunders3, Sascha Steffen4

1: Goethe University Frankfurt; 2: Deutsche Bundesbank; 3: New York University - Stern School; 4: Frankfurt School of Finance and Management

Date: Friday, 23/Aug/2019
FIIE-9: Exchange-Traded Funds and Fund Flows
Location: D -113
Chair: Francesco Franzoni, USI Università della Svizzera italiana, Swiss Finance Institute

Asset Prices and Corporate Responses to Bank of Japan ETF Purchases

Ben Charoenwong1, Randall Morck2,3,4,5, Yupana Wiwattanakantang1,5

1: National University of Singapore, Singapore; 2: Alberta School of Business, University of Alberta; 3: National Bureau of Economic Research; 4: Asian Bureau of Finance and Economic Research; 5: European Corporate Governance Institute

Swing Pricing and Fragility in Open-end Mutual Funds

Felix Suntheim1, Dunhong Jin2, Marcin Kacperczyk3, Bige Kahraman2

1: International Monetary Fund; 2: Said Business School, University of Oxford; 3: Imperial College London

Phantom of the Opera: ETFs and Shareholder Voting

Richard Evans1, Oguzhan Karakas2, Rabih Moussawi3, Michael Young1

1: University of Virginia, United States of America; 2: University of Cambridge; 3: Villanova University

FIIE-10: Asset Management
Location: D -113
Chair: Richard Evans, University of Virginia

Out of Sight No More? The Effect of Fee Disclosures on 401(k) Investment Allocations

Mathias Kronlund2, Veronika Pool3, Clemens Sialm1, Irina Stefanescu4

1: University of Texas at Austin; 2: University of Illinois at Urbana-Champaign; 3: Indiana University; 4: Board of Governors of the Federal Reserve System

Finding Fortune: How Do Institutional Investors Pick Asset Managers?

Preetesh Kantak1, Gregory Brown2, Oleg Gredil3

1: Indiana University, Bloomington, United States of America; 2: University of North Carolina, Chapel Hill; 3: Tulane University

How much labor do you need to manage capital?

Leonard Kostovetsky1, Alberto Manconi2

1: Boston College, United States of America; 2: Bocconi University

FIIE-11: International Capital Markets
Location: D -113
Chair: Pedro Matos, University of Virginia
Chair: Richard Evans, University of Virginia

Do Foreign Institutional Investors Improve Market Efficiency?

Marcin Kacperczyk1, Savitar Sundaresan1, Tianyu Wang2

1: Imperial College London; 2: Tsinghua University

Unbundling and Analyst Competition: Evidence from MiFID II

Yifeng Guo, Lira Mota

Columbia Business School

Credit default swaps around the world: Investment and financing effects

Sohnke Bartram2, Jennifer Conrad3, Jongsub Lee1, Marti Subrahmanyam4

1: Seoul National University, Korea, Republic of (South Korea); 2: Warwick Business School; 3: UNC Kenan-Flagler Business School; 4: NYU Stern School of Business

Date: Saturday, 24/Aug/2019
FIIE-12: Empirical banking and insurance
Location: D -113
Chair: Ishita Sen, London Business School

Seeking My Supervisor: Evidence from the Centralization of Banking Supervision in Europe

Franco Fiordelisi1, David Marques2, Itzhak Ben-David3, Giovanni Cerulli4

1: University of Rome III, Italy; 2: European Central Bank; 3: The Ohio State University and NBER; 4: National Research Council of Italy

Regulatory Limits to Risk Management

Ishita Sen

London Business School, United Kingdom

Can Risk be Shared Across Investor Cohorts? Evidence from a Popular Savings Product

Victor Lyonnet1, Johan Hombert2

1: Ohio State University, United States of America; 2: HEC Paris, France

FIIE-13: Incentives and Agency Conflicts
Location: D -113
Chair: Xiaoyun Yu, Indiana University

Deleting Misconduct: The Expungement of BrokerCheck Records

Colleen Honigsberg1, Matthew Jacob2

1: Stanford Law School, United States of America; 2: Harvard University

Incentives of Financial Analysts: Trading Turnover and Compensation

Egle Karmaziene

University of Groningen, Netherlands, The

Institutional Order Handling and Broker-Affiliated Trading Venues

Amber Anand1, Mehrdad Samadi2, Jonathan Sokobin3, Kumar Venkataraman2

1: Whitman School of Management, United States of America; 2: SMU Cox School of Business, United States of America; 3: FINRA, United States of America

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Conference: EFA 2019
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