Conference Agenda

Tips to navigate the program:

  • Overview of all papers on a specific day: click on the day (e.g. Date: Thursday, 24/Aug/2019). To download papers, you will need to access the session by clicking on its title first.
  • Program index: click on the Authors tab below.
  • Location name: to display all sessions taking place in that room
  • Search box: to search for authors, papers and sessions.

Please notes that changes in the program might occur.

If your name is not displayed in the program, please register in our conference system.

If your paper information is not up to date, please send us an email at efa2019@novasbe.pt.

Registration to the conference closes on August 1st, 2019: www.conftool.com/efa2019

 
Session Overview
Date: Wednesday, 21/Aug/2019
18:30
-
20:30
WR: Welcome Reception
Location: Nova SBE

The official opening of the 46th EFA Annual Meeting will take place at the Nova School of Business and Economics campus. The Welcome Reception provides an excellent opportunity to network, meet old friends and colleagues, as well as to meet new people as the program begins. Snacks will be served during the event.


Date: Thursday, 22/Aug/2019
8:30
-
10:00
APE-2: Time-varying liquidity and risk premia
Location: D -104
Chair: Rossen Valkanov, UCSD
APT-1: Equilibrium Models in Asset Pricing
Location: D -105
Chair: Lorenzo Bretscher, London Business School
APE-10: Sovereign funding markets
Location: D -106
Chair: Andrea Buraschi, Imperial College Business School
Chair: Melissa Prado, Nova School of Business and Economics
CFGE-1: Human Capital and Firm Value
Location: D -107
Chair: Moqi Groen-Xu, London School of Economics
CFGE-10: Entrepreneurial Finance
Location: D -110
Chair: Juanita Gonzalez-Uribe, LSE
CFGE-19: Information and disclosure
Location: D -111
Chair: Stefan Zeume, University of Illinois at Urbana Champaign
HH-5: Savings and Investments
Location: D -112
Chair: Kim Peijnenburg, EDHEC Business School
FIIE-5: Bank Supervision
Location: D -113
Chair: Dragana Cvijanovic, Warwick Business School
FIIE-14: Delegated Portfolios
Location: D -114
Chair: Veronika Pool, Vanderbilt University
     
10:00
-
10:30
Coffee break offered by BPI Gestão de Activos
10:30
-
12:00
NBIM-1: Understanding the Long-run Drivers of Asset Prices
Location: D -104
Chair: Dagfinn Rime, BI Norwegian Business School
APT-2: New Models in Macro-Finance
Location: D -105
Chair: Ivan Shaliastovich, UW Madison
MM-3: Private Information and Trade Informativeness
Location: D -106
Chair: Jerome Dugast, Universite Paris-Dauphine
CFGE-2: What is new in Mergers and Acquisitions?
Location: D -107
Chair: Daniel Metzger, Rotterdam School of Management
CFGE-11: Politics and the economy
Location: D -110
Chair: Vikrant Vig, London Business School
CFGT-1: New Perspectives on Corporate Governance Theory
Location: D -111
Chair: Doron Levit, University of Pennsylvania
HH-6: Household Debt
Location: D -112
Chair: Pedro Gete, IE University
FIIE-6: Systemic risks and runs
Location: D -113
Chair: Elena Carletti, Bocconi University
FIIE-15: Private Equity and Venture Capital
Location: D -114
Chair: Oleg Gredil, Tulane University
     
12:00
-
13:30
Lunch break
13:30
-
15:00
APE-12: Empirical macro-finance
Location: D -104
Chair: Michael Weber, University of Chicago
BIS-1: Exchange Rates and Financial Conditions
Location: D -105
Chair: Boris Hofmann, Bank for International Settlements
MM-4: Arbitrage and Informed Trading
Location: D -106
Chair: Laurence Lescourret, ESSEC Business School
CFGE-3: Gender Equality
Location: D -107
Chair: Mireia Gine, IESE Business School
CFGE-12: Debt and Investment
Location: D -110
Chair: Ramin P Baghai, Stockholm School of Economics
CFGT-2: Capital Structure: Theory
Location: D -111
Chair: Daniel Ferreira, London School of Economics
BF-1: Behavioral Factors in Valuation: Empirical Evidence
Location: D -112
Chair: Francesco D'Acunto, Boston College
FIIE-7: Regulation, Credit and Hedge funds
Location: D -113
Chair: Sascha Steffen, Frankfurt School
FIIE-16: Credit standard and financial distress
Location: D -114
Chair: Victoria Ivashina, Harvard University
Panel 1: Fintech: Challenges to Regulation and Financial Stability
Location: D 139

Organized in collaboration with the Banco de Portugal

   
15:00
-
15:30
Coffee break
15:30
-
17:00
APE-3: Expectations Management by Central Banks
Location: D -104
Chair: Emanuel Moench, Deutsche Bundesbank
APT-3: Equilibrium Models in Asset Pricing
Location: D -105
Chair: Juliana Salomao, University of Minnesota
IF-1: International Finance
Location: D -106
Chair: Tony Zhang, Boston University
CFGE-4: Determinants and consequences of competition
Location: D -107
Chair: Rui Albuquerque, Boston College
CFGE-13: Conflicts between Shareholders and Other Stakeholders
Location: D -110
Chair: Mariassunta Giannetti, Stockholm School of Economics
CFGT-3: Blockholders and Investor Activism: Theory
Location: D -111
Chair: Amil Dasgupta, London School of Economics
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
FIIE-8: Financing innovations and funding
Location: D -113
Chair: Tobias Berg, Frankfurt School of Finance and Management
FIIE-17: Banking liquidity, solvency and regulation
Location: D -114
Chair: Jason Roderick Donaldson, Washington University in St Louis
     
18:30 Bus Get Together: Check exact route time and book your ride on time!
19:00
-
21:30
GT: Get Together and explore Lisbon on your own
Location: Estufa Fria

Participants are welcome to join the Get Together event, an informal gathering to enjoy a networking evening in the beautiful atmosphere of Estufa Fria. The Estufa Fria is a greenhouse located in the heart of Lisbon city. Participants who wish to visit Lisbon can explore the city on their own after the event.


Date: Friday, 23/Aug/2019
7:30
-
8:30
Women in Finance networking breakfast
Location: Azure Restaurant (on Nova SBE campus)

The session aims to encourage women working in finance to get to know each other and share their career experiences. The breakfast will be organized with round tables where senior and junior researchers can discuss and address current issues. We strongly encourage all women in finance to attend.

8:30
-
10:00
APE-11: The cross-section of expected returns
Location: D -104
Chair: Dacheng Xiu, University of Chicago
APT-5: Crash Risk
Location: D -105
Chair: Anders Trolle, HEC Paris
MM-5: Market design and Liquidity
Location: D -106
Chair: Elvira Sojli, University of New South Wales
CFGE-5: New theory and evidence on IPOs
Location: D -107
Chair: Per Strömberg, Stockholm School of Economics
CFGE-14: Labor and Finance
Location: D -110
Chair: Ashwini Agrawal, LSE
HH-1: Household Consumption-Debt Behavior
Location: D -111
Chair: Adair Morse, UC Berkeley
FIIE-1: Fund performance
Location: D -112
Chair: Charlotte Christiansen, CREATES, Aarhus University
FIIE-9: Exchange-Traded Funds and Fund Flows
Location: D -113
Chair: Francesco Franzoni, USI Università della Svizzera italiana, Swiss Finance Institute
FIIT-1: Banks' responses to macroprudential policies
Location: D -114
Chair: Leonardo Gambacorta, Bank for International Settlements
     
10:00
-
10:30
Coffee break offered by WRDS
10:30
-
12:00
APE-5: Economic Risk Factors
Location: D -104
Chair: Francisco Gomes, London Business School
APT-4: Information and Entry
Location: D -105
Chair: Bradyn Breon-Drish, UC San Diego
APE-9: Leverage Constraints and Liquidity in Equity Markets
Location: D -106
Chair: Naveen Gondhi, INSEAD
CFGE-6: Ownership and governance
Location: D -107
Chair: Heitor Almeida, UIUC
CFGE-16: Spillover effects
Location: D -110
Chair: Morten Bennedsen, University of Copenhagen
HH-2: Discrimination
Location: D -111
Chair: Daniel Paravisini, London School of Economics
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
FIIE-10: Asset Management
Location: D -113
Chair: Richard Evans, University of Virginia
FIIT-2: Designing bank regulation and supervision
Location: D -114
Chair: Joao Santos, Federal Reserve Bank of New York
     
12:00
-
13:30
Lunch break
13:30
-
15:00
APE-6: Cross-section of stock returns: higher-order moments and mis-specification
Location: D -104
Chair: Grigory Vilkov, Frankfurt School of Finance and Management
MM-1: The Speed and Transparency of Trading
Location: D -105
Chair: Batchimeg Sambalaibat, Indiana University
APE-4: Liquidity in Corporate Bond Market
Location: D -106
Chair: Peter Feldhütter, Copenhagen Business School
CFGE-7: Corporate Governance
Location: D -107
Chair: Vyacheslav Fos, Boston College
CFGE-15: Contracts and Incentives
Location: D -110
Chair: Isaac Hacamo, Nova School of Business and Economics
HH-4: Labor Markets and Human Capital
Location: D -111
Chair: Paolo Sodini, Stockholm School of Economics
FIIE-2: Reallocation of risk accross countries
Location: D -112
Chair: Hans Degryse, University of Leuven
FIIE-11: International Capital Markets
Location: D -113
Chair: Pedro Matos, University of Virginia
Chair: Richard Evans, University of Virginia
FIIT-3: Dealers and market power
Location: D -114
Chair: Katrin Tinn, Imperial College Business School
Panel 2: The EC Sustainable Finance Action Plan: the potential of regulation to tackle climate change
Location: D 139

Organized in collaboration with the European Commission – Joint Research Centre

   
15:00
-
15:30
Coffee break
15:30
-
17:10
KS.GA: Keynote Speech - Prize Ceremony - EFA General Assembly
Location: Hovione Atrium

Keynote Address by Professor Andrei Shleifer (Harvard University)

EFA Paper Prizes, Review of Finance Prizes and the EFA Doctoral Tutorial Prizes

18:30 Bus Conference Dinner: Check exact route time and book your ride on time!
19:00
-
23:00
CD: Conference Dinner
Location: SUD Lisboa

Participants are invited to join the highlight of the social program. The Conference Dinner will be held at the restaurant SUD Lisboa, which offers a wonderful view of the Tagus River and it is located close to the famous Belém area.


Date: Saturday, 24/Aug/2019
9:00
-
10:30
APE-7: Alternative Asset Classes
Location: D -104
Chair: Pedro Saffi, University of Cambridge
MM-2: Market Microstructure: Liquidity and Volume
Location: D -105
Chair: Anna Obizhaeva, New Economic School
APE-1: News effects
Location: D -106
Chair: Alberto G Rossi, University of Maryland
CFGE-8: Corporate Social Responsibility
Location: D -107
Chair: Nuno Fernandes, Católica Lisbon and ECGI
CFGE-17: Crime, politics, and firm value
Location: D -110
Chair: Pat Akey, University of Toronto
CFGT-4: Dynamic Financing and Investment
Location: D -111
Chair: Josef Zechner, WU Vienna
FIIE-3: Limits to Regulation
Location: D -112
Chair: Ralf Meisenzahl, Federal Reserve Board
FIIE-12: Empirical banking and insurance
Location: D -113
Chair: Ishita Sen, London Business School
FIIT-4: Collateral and market fragility
Location: D -114
Chair: John Chi-Fong Kuong, INSEAD
Chair: Sergio Vicente, Queen Mary University of London
     
10:30
-
11:00
Coffee break
11:00
-
12:30
APE-8: Aggregate Risk and Return Predictability
Location: D -104
Chair: Frederico Belo, INSEAD
APT-6: Money and Collateral
Location: D -105
Chair: Stefano Corradin, European Central Bank
IF-2: International Macro Finance
Location: D -106
Chair: Federico Gavazzoni, INSEAD
CFGE-9: Collateral and Corporate Policy
Location: D -107
Chair: Robert Prilmeier, Tulane University
CFGE-18: Bankruptcy and uncertainty
Location: D -110
Chair: Carola Schenone, University of Virginia
HH-3: Financial & Robo-Advising
Location: D -111
Chair: Marcin Kacperczyk, Imperial College Business School
FIIE-4: Access to Credit
Location: D -112
Chair: Andrea Polo, LUISS, EIEF
FIIE-13: Incentives and Agency Conflicts
Location: D -113
Chair: Xiaoyun Yu, Indiana University
FIIT-5: Funding liquidity
Location: D -114
Chair: Gyongyi Loranth, University of Vienna
     
12:30
-
13:00
Lunch (bag)
13:00 Tours: Visit Lisbon-Cascais region

Cityrama offers two tours on Saturday afternoon specifically designed for the conference participants:

1. Lisbon City tour – Cascais and Belém
2. Sintra, Cabo da Roca and Estoril

Registration to attend the tours is required! Informaiton here.