Session Overview |
| |||||||||
9:30am - 11:00am |
AP 15: Bonds and Yields in Domestic and Global Financial Markets Location: KC-07 (ground floor) Chair: Mirela Sandulescu US Interest Rate Surprises and Currency Returns 1: London Business School; 2: Fulcrum Asset Management; 3: University of Cambridge U.S. Monetary Policy and International Bond Markets 1: International Monetary Fund, United States of America; 2: Frankfurt School of Finance & Management Wealth Inequality, Aggregate Risk, and the Equity Term Structure Imperial College Business School, United Kingdom |
AP 16: Short Sales Location: Auditorium (floor 1) Chair: Adam Reed Short Covering 1: Owen Graduate School of Management, Vanderbilt University, United States of America; 2: Zicklin School of Business, Baruch College - CUNY, United States of America; 3: University of Utah, United States of America, United States of America; 4: Driehaus College of Business, DePaul University, United States of America Geographic Proximity in Short Selling 1: Renmin University of China; 2: University of St.Gallen and Swiss Finance Institute Anomalies and Their Short-Sale Costs 1: University of Illinois at Urbana-Champaign; 2: Michigan State University; 3: Canadian Derivatives Institute |
AP 17: Government Bond Pricing Location: 1A-33 (floor 1) Chair: Christian Wagner Is the bond market competitive? Evidence from the ECB's asset purchase programme 1: European Central Bank, Germany; 2: EPFL; 3: European Central Bank, Germany Robust Difference-in-differences Analysis when there is a Term Structure 1: BI Norwegian Business School, Norway; 2: University of Zurich; 3: Swiss Finance Institute; 4: CEPR Shrinking the Term Structure 1: Stanford, United States of America; 2: EPFL and Swiss Finance Institute |
FI 12: Collateral Cycles Location: 2A-00 (floor 2) Chair: Hans Degryse The Shadow Cost of Collateral 1: University of Sydney, Australia; 2: Macquarie University, Australia; 3: Columbia University, United States Collateral Cycles 1: University of Nottingham; 2: Bank of England; 3: University of St. Gallen Bank Information Production Over the Business Cycle 1: Federal Reserve Board, United States of America; 2: McGill University |
HF 04: Inequalities Location: 2A-24 (floor 2) Chair: Giorgia Barboni Financial Frictions and Human Capital Investments Northwestern University, United States of America Soft Negotiators or Modest Builders? Why Women Earn Lower Real Estate Returns 1: ESSEC Business School, France; 2: Stockholm School of Economics Shocking Wealth: The Long-Term Impact of Housing Wealth Taxation Erasmus University Rotterdam, Netherlands, The |
FI 13: Deposits and Lending Location: 2A-33 (floor 2) Chair: Larissa Schaefer Payment Risk and Bank Lending: The Tension between the Monetary and Financing Roles of Deposits 1: University of Washington, United States of America; 2: Federal Reserve Board Running Out of Time (Deposits): Falling Interest Rates and the Decline of Business Lending, Investment and Firm Creation Columbia Business School, Columbia University The Impact of Fintech on Banking: Evidence from Banks' Partnering with Zelle 1: China Europe International Business School, China, People's Republic of; 2: Xi'an Jiaotong-Liverpool University, China, People's Republic of; 3: Xi'an Jiaotong-Liverpool University, China, People's Republic of |
CF 14: Intersection of Corporate Financing with Capital Markets Location: 4A-00 (floor 4) Chair: Norman Schuerhoff Investor Demand, Firm Investment, and Capital Misallocation 1: University of Illinois Urbana-Champaign, United States of America; 2: University of Georgia Search and Pricing in Security Issues Markets 1: University of Central Florida, United States of America; 2: University of Wisconsin-Milwaukee, United States of America A Model of Informed Intermediation in the Market for Going Public University of Texas at Austin, United States of America |
CF 15: Debt, Financial Distress, and Bankruptcy Location: 4A-33 (floor 4) Chair: Hongda Zhong Risk Aversion with Nothing to Lose University of Notre Dame, United States of America Gambling for Redemption or Ripoff, and the Impact of Superpriority 1: Washington University in St. Louis, United States of America; 2: CERF Cambridge Judge Business School, United Kingdom Short-term debt overhang 1: University of York; 2: University of Rochester |
CF 16: Creditors Location: 6A-33 (floor 6) Chair: Daniel Urban (Don’t) Feed the Mouth that Bites: Trade Credit Strategies among Rival Customers Sharing Suppliers 1: University of Toronto, Canada; 2: Terry College of Business at the University of Georgia; 3: Naveen Jindal School of Management at the University of Texas at Dallas Underwriter competition and institutional loan pricing 1: Department of Economics and Finance, City University of Hong Kong; 2: Paul Merage School of Business, University of California at Irvine; 3: Nanyang Business School, Nanyang Technological University Financial Shocks, Productivity, and Prices 1: NYU Stern School of Business, United States of America; 2: University of Western Ontraio; 3: National Bank of Belgium |
11:00am - 11:30am |
Coffee Break |
||||||||
11:30am - 1:00pm |
AP 18: Advances in Empirical Asset Pricing Location: KC-07 (ground floor) Chair: Irina Zviadadze Missing Financial Data 1: London Business School, United Kingdom; 2: Stanford University; 3: Berkeley Haas; 4: NBER; 5: CEPR When do cross-sectional asset pricing factors span the stochastic discount factor? 1: University of Maryland, United States of America; 2: University of Chicago, United States of America Non-Standard Errors in Portfolio Sorts 1: Vienna Graduate School of Finance, Austria; 2: Vienna University of Economics and Business, Austria; 3: Reykjavik University, Iceland |
AP 19: Asset Pricing Impacts of US Monetary Policy Location: Auditorium (floor 1) Chair: Harald Hau Safe Asset Scarcity and Monetary Policy Transmission 1: Banque de France; 2: University of Virginia - Darden School of Business Monetary Policy and Financial Stability Wharton School, United States of America Can the Fed Control Inflation? Stock Market Implications 1: McGill University, Canada; 2: University of Texas at Dallas, United States of America |
AP 20: Bond Pricing in Credit Markets Location: 1A-33 (floor 1) Chair: Florian Nagler Breaking the Correlation between Corporate Bonds and Stocks: The Role of Asset Variance 1: University of New South Wales, Australia; 2: Warwick Business School Pushing Bonds Over the Edge: Monetary Policy and Municipal Bond Liquidity 1: MSRB; 2: Federal Reserve Board; 3: Affiliation not Provided; 4: FRB Chicago Implementable Corporate Bond Portfolios 1: Nova School of Business and Economics, Portugal; 2: Independent; 3: Rady School of Management, University of California San Diego |
FI 14: Crimes, Leaks and Sanctions Location: 2A-00 (floor 2) Chair: Christian Julliard ``Crime and Punishment"? How Banks Anticipate and Propagate Global Financial Sanctions 1: CERGE-EI; 2: University of Zurich Tax Evasion and Information Production: Evidence from the FATCA 1: Syracuse University; 2: INSEAD; 3: Singapore Management University The Political Economy of Financial Regulation 1: Goethe University Frankfurt, Germany; 2: National University of Singapore; 3: Northwestern, Kellog; 4: London Buisness School |
MM 06: Man or Machine? Location: 2A-24 (floor 2) Chair: Andreas Park HFTs and Dealer Banks: Liquidity and Price Discovery in FX Trading 1: Bank for International Settlements; 2: University of New South Wales; 3: University of St. Gallen; 4: Vrije Universiteit Amsterdam Algorithmic Pricing and Liquidity in Securities Markets HEC Paris, France Relationship Discounts in Corporate Bond Trading 1: Bank for International Settlements, Switzerland; 2: Bank of England |
FI 15: Gender Discrimination Location: 2A-33 (floor 2) Chair: Laurent Bach Gender, performance, and promotion in the labor market for commercial bankers 1: VU Amsterdam; 2: Emory University, Goizueta Business School; 3: University of Zurich; 4: Swiss Finance Institute; 5: KU Leuven; 6: NTNU; 7: CEPR Crime and Punishment on Wall Street: Gender Stigmata in SEC Enforcements 1: UC Berkeley; 2: SFI at University of Lausanne, Switzerland Fintech and Gender Discrimination 1: UNC Charlotte, United States of America; 2: Renmin University; 3: CUHK Shenzhen |
CF 17: Dynamic Corporate Finance Location: 4A-00 (floor 4) Chair: Theodosios Dimopoulos Optimal Managerial Authority Boston University, United States of America Covenant removal in corporate bonds 1: Norwegian School of Economics, Norway; 2: Michigan State University, USA Delegated Blocks 1: London School of Economics, United Kingdom; 2: University of Maryland, United States of America |
CF 18: Merger & Acquisitions Location: 4A-33 (floor 4) Chair: Claudia Custodio Political Attitudes, Partisanship, and Merger Activity 1: Boston College, United States of America; 2: Indiana University, United States of America; 3: University of Washington, United States of America; 4: Southern Methodist University, United States of America The Rise of Anti-Activist Poison Pills 1: Duke University; 2: Drexel University; 3: Ohio State University Competitive approaches in mergers and acquisitions ESCP Business School |
CL 06: Carbon and Mitigation Location: 6A-33 (floor 6) Chair: Stefano Ramelli Sustainability or Greenwashing: Evidence from the Asset Market for Industrial Pollution 1: University of Illinois Urbana Champaign, United States of America; 2: Boston College; 3: Georgetown University Too Levered for Pigou: Carbon Pricing, Financial Constraints and Leverage Regulation 1: Erasmus University Rotterdam; 2: Tilburg University Dynamic Carbon Emission Management 1: University of Maryland; 2: European Central Bank, Germany |
1:30pm - 3:30pm |
Finance+Humor3: Finance Meets Comedy: A Talk Show Location: Aula (floor 1) |
||||||||
2:00pm - 4:30pm |
Tours |