Conference Agenda

 
 
Session Overview
Date: Wednesday, 20/Aug/2025
5:00pm - 9:00pmRegistration Desk
6:30pm - 9:00pmWelcome Reception

Date: Thursday, 21/Aug/2025
8:30am - 6:00pmRegistration Desk
9:00am - 10:30amAP 01: Asset Prices and Institutional Investors
Location: 1.000 AMPHI II (Floor 1)
Session Chair: Sumudu Watugala, Indiana University - Kelley School of Business
9:00am - 10:30amAP 02: AI in Finance
Location: 1.003-1.004 (Floor 1)
Session Chair: Ruslan Sverchkov, Warwick Business School, University of Warwick
9:00am - 10:30amAP 03: Beliefs in Asset Pricing
Location: 1.009-1.010 (Floor 1)
Session Chair: Andrea Vedolin, Boston University
9:00am - 10:30amCF 01: Corporate Governance: Shareholders and Directors
Location: 2.002-2.003 (Floor 2)
Session Chair: Muhammad Farooq Ahmad, SKEMA Business School
9:00am - 10:30amCF 02: International Trade Frictions and Industrial Policy
Location: 2.005-2.006 (Floor 2)
Session Chair: Elena Simintzi, University of North Carolina Chapel Hill
9:00am - 10:30amFI 01: Learning in Credit Markets
Location: 2.007-2.008 (Floor 2)
Session Chair: Josef Zechner, WU Vienna University of Economics and Business
9:00am - 10:30amFI 02: Financial Intermediation: Monetary Policy and GSEs
Location: 2.010-2.011 (Floor 2)
Session Chair: Alexander Michaelides, Imperial College London
9:00am - 10:30amBdF: Challenges from climate change and nature
Location: 3.000 (Floor 3)
Session Chair: Jean-Stephane Mesonnier, Banque de France and Sciences Po
9:00am - 10:30amHF 01: Household Choices Shaping Financial Markets
Location: 3.216 (Floor 3)
Session Chair: Wenlan Qian, National University of Singapore
10:30am - 11:00amCoffee Break
11:00am - 12:30pmDFA: Indexing, ETFs, and systematic risk
Location: 1.000 AMPHI II (Floor 1)
Session Chair: Mamdouh Medhat, Dimensional Fund Advisors
11:00am - 12:30pmAP 04: Recent Advances in Derivatives
Location: 1.003-1.004 (Floor 1)
Session Chair: Elise Gourier, ESSEC Business School
11:00am - 12:30pmAP 05: Uncertainty and Beliefs
Location: 1.009-1.010 (Floor 1)
Session Chair: Raman Uppal, EDHEC Business School
11:00am - 12:30pmCF 03: Corporate Governance: Values & Actions
Location: 2.002-2.003 (Floor 2)
Session Chair: Chiara De Amicis, SKEMA BUSINESS SCHOOL
11:00am - 12:30pmCF 04: Frictions in Corporate Finance
Location: 2.005-2.006 (Floor 2)
Session Chair: Catherine Casamatta, Toulouse School of Economics & Toulouse School of Management
11:00am - 12:30pmFI 03: Private Credit
Location: 2.007-2.008 (Floor 2)
Session Chair: Vasso Ioannidou, Bayes Business School (formerly Cass)
11:00am - 12:30pmFI 04: Financial Frictions and the Transmission of Monetary Shocks
Location: 2.010-2.011 (Floor 2)
Session Chair: Claire Celerier, University of Toronto
11:00am - 12:30pmSF 01: Biodiversity Finance
Location: 3.000 (Floor 3)
Session Chair: Boris Vallee, Harvard Business School
11:00am - 12:30pmHF 02: Household Finance and Wealth Accumulation
Location: 3.216 (Floor 3)
Session Chair: Kathrin Schlafmann, Copenhagen Business School
12:30pm - 2:00pmLunch
2:00pm - 3:30pmAP 06: Delegated Portfolios
Location: 1.000 AMPHI II (Floor 1)
Session Chair: Veronika K. Pool, Vanderbilt University
2:00pm - 3:30pmAP 07: Asset Pricing in a Noisy and Complex World
Location: 1.003-1.004 (Floor 1)
Session Chair: Daniel Andrei, McGill University
2:00pm - 3:30pmAP 08: Analyst Belief Formation
Location: 1.009-1.010 (Floor 1)
2:00pm - 3:30pmCF 05: CEO and Director Incentives
Location: 2.002-2.003 (Floor 2)
Session Chair: Per J Strömberg, Stockholm School of Economics
2:00pm - 3:30pmFI 05: Developments in Financial Intermediation
Location: 2.005-2.006 (Floor 2)
Session Chair: Claudia Custodio, Imperial College Business School
2:00pm - 3:30pmFI 06: Access to Finance
Location: 2.007-2.008 (Floor 2)
Session Chair: Thorsten Beck, European University Institute
2:00pm - 3:30pmECB: Challenges for monetary policy transmission through banks and non-banks: the role of investors and new financial technologies
Location: 2.010-2.011 (Floor 2)
Session Chair: Angela Maddaloni, European Central Bank
2:00pm - 3:30pmMM 01: Dealer Markets under Stress
Location: 3.000 (Floor 3)
Session Chair: Sophie Moinas, Toulouse School of Economics
2:00pm - 3:30pmHF 03: Personal Finance
Location: 3.216 (Floor 3)
Session Chair: Paolo Sodini, Stockholm School of Economics
3:30pm - 4:00pmCoffee Break
4:00pm - 5:30pmPlenary panel: Finance and Climate Change
Location: 1.200 AMPHI I (Floor 1)
7:30pm - 11:00pmGet Together: Paris River Cruise offered by CRSP

Date: Friday, 22/Aug/2025
8:30am - 6:00pmRegistration Desk
9:00am - 10:30amAP 09: Bond Market Demand
Location: 1.000 AMPHI II (Floor 1)
Session Chair: Kristy Jansen, Marshall School of Business, University of Southern California
9:00am - 10:30amAP 10: Networks and Macro in Asset Pricing
Location: 1.003-1.004 (Floor 1)
Session Chair: Jun Pan, Shanghai Advanced Institute of Finance
9:00am - 10:30amAP 11: Corporate Policies, Search, and Asset Prices
Location: 1.009-1.010 (Floor 1)
Session Chair: Frederico Belo, INSEAD
9:00am - 10:30amCF 06: Firm Financing
Location: 2.002-2.003 (Floor 2)
Session Chair: Florencio Lopez-de-Silanes, SKEMA Business School
9:00am - 10:30amCF 07: Finance and Labor Markets
Location: 2.005-2.006 (Floor 2)
Session Chair: Laurent Bach, ESSEC Business School
9:00am - 10:30amFI 07: Digital Payments
Location: 2.007-2.008 (Floor 2)
Session Chair: Ulrich Hege, Toulouse School of Economics
9:00am - 10:30amSCOR Foundation: Extreme risk in financial markets
Location: 2.010-2.011 (Floor 2)
Session Chair: Philippe Trainar, SCOR Foundation for Science
9:00am - 10:30amSF 02: Financing and Policy Constraints in Sustainability
Location: 3.000 (Floor 3)
Session Chair: Marcin Kacperczyk, Imperial College London
9:00am - 10:30amHF 04: Credit Markets
Location: 3.216 (Floor 3)
Session Chair: Sumit Agarwal, National University of Singapore
10:30am - 11:00amCoffee Break
11:00am - 12:30pmBIS: Government debt and financial markets
Location: 1.000 AMPHI II (Floor 1)
Session Chair: Andreas Schrimpf, Bank for International Settlements
11:00am - 12:30pmAP 12: The Macro-Finance of Debt, Credit, and Inflation
Location: 1.003-1.004 (Floor 1)
Session Chair: Allan Timmermann, University of California-San Diego
11:00am - 12:30pmAP 13: Creative Destruction and Market Dynamics
Location: 1.009-1.010 (Floor 1)
Session Chair: Pierre Collin-Dufresne, EPFL and Swiss Finance Institute
11:00am - 12:30pmCF 08: Financial Technology
Location: 2.002-2.003 (Floor 2)
Session Chair: Gilles Chemla, Imperial College Business School, CNRS, CEPR
11:00am - 12:30pmCF 09: Workforce Productivity and Innovation
Location: 2.005-2.006 (Floor 2)
Session Chair: Isil Erel, The Ohio State University
11:00am - 12:30pmFI 08: Technological Innovation in Credit Markets
Location: 2.007-2.008 (Floor 2)
Session Chair: Jean-Edouard Colliard, HEC Paris
11:00am - 12:30pmMM 02: Optimal Liquidity Supply
Location: 2.010-2.011 (Floor 2)
Session Chair: Christine Parlour, UC Berkeley
11:00am - 12:30pmSF 03: Government Policy and Sustainable Finance
Location: 3.000 (Floor 3)
Session Chair: Laura Starks, The University of Texas at Austin
11:00am - 12:30pmHF 05: Household Debt and Liquidity
Location: 3.216 (Floor 3)
Session Chair: Francisco Gomes, London Business School
12:30pm - 2:00pmLunch
2:00pm - 3:30pmNBIM: Understanding the long-run drivers of asset prices
Location: 1.000 AMPHI II (Floor 1)
Session Chair: Christian Heyerdahl-Larsen, BI Norwegian Business School
2:00pm - 3:30pmAP 14: Expectations, Asset Pricing, and the Macroeconomy
Location: 1.003-1.004 (Floor 1)
Session Chair: Nicolae Garleanu, Washington University in St. Louis
2:00pm - 3:30pmAP 15: Valuation and Investing in Illiquid Markets
Location: 1.009-1.010 (Floor 1)
Session Chair: Sebastien Betermier, McGill University
2:00pm - 3:30pmCF 10: Shareholder and Bondholder Actions
Location: 2.002-2.003 (Floor 2)
Session Chair: Oliver Spalt, University of Mannheim
2:00pm - 3:30pmCF 11: Efficiency and Corporate Finance
Location: 2.005-2.006 (Floor 2)
Session Chair: Charlotte Ostergaard, Copenhagen Business School
2:00pm - 3:30pmMM 03: Segmentation, Manipulation, and Races in Financial Markets
Location: 2.007-2.008 (Floor 2)
Session Chair: Albert Menkveld, Vrije Universiteit Amsterdam
2:00pm - 3:30pmFI 09: Asset Management
Location: 2.010-2.011 (Floor 2)
Session Chair: Francesco Franzoni, USI Università della Svizzera italiana, Swiss Finance Institute
2:00pm - 3:30pmSF 04: The Impact of Sustainable Finance
Location: 3.000 (Floor 3)
Session Chair: Paul Smeets, University of Amsterdam
2:00pm - 3:30pmHF 06: Implications of Household Debt
Location: 3.216 (Floor 3)
Session Chair: Marieke Bos, Stockholm School of Economics, VU Amsterdam
3:30pm - 4:00pmCoffee Break
4:00pm - 5:40pmGA: General Assembly - Prize Ceremony - Keynote Address
Location: 1.200 AMPHI I (Floor 1)
7:00pm - 11:00pmConference Dinner

Date: Saturday, 23/Aug/2025
8:00am - 11:00amRegistration Desk
9:30am - 11:00amJPEF-PeRCent: Developments in pension economics and finance
Location: 1.000 AMPHI II (Floor 1)
Session Chair: Kim Peijnenburg, EDHEC Business School
9:30am - 11:00amAP 16: Return Predictability
Location: 1.003-1.004 (Floor 1)
Session Chair: Irina Zviadadze, HEC Paris
9:30am - 11:00amAP 17: Risk Premia Measurement
Location: 1.009-1.010 (Floor 1)
Session Chair: Stijn Van Nieuwerburgh, Columbia University Graduate School of Business
9:30am - 11:00amCF 12: Corporate Objective Mistatements
Location: 2.002-2.003 (Floor 2)
Session Chair: Mariassunta Giannetti, Stockholm School of Economics
9:30am - 11:00amCF 13: Innovation and Private vs Public markets
Location: 2.005-2.006 (Floor 2)
Session Chair: Michelle Lowry, Drexel University
9:30am - 11:00amFI 10: Regulations, Runs, and Lending in Banking History
Location: 2.007-2.008 (Floor 2)
Session Chair: Rafael Matta, SKEMA Business School
9:30am - 11:00amFI 11: Financial Stability
Location: 2.010-2.011 (Floor 2)
Session Chair: Urszula Szczerbowicz, SKEMA
9:30am - 11:00amSF 05: Climate Change Risk Pricing
Location: 3.000 (Floor 3)
Session Chair: Olivier David Zerbib, CREST, ENSAE, Institut Polytechnique de Paris
9:30am - 11:00amHF 07: New Loan Products and Regulation
Location: 3.216 (Floor 3)
Session Chair: Arna Olafsson, Copenhagen Business School
11:00am - 11:30amCoffee Break
11:30am - 1:00pmFI 12: Credit, Poverty and Discrimination
Location: 1.000 AMPHI II (Floor 1)
Session Chair: Kim Fe Cramer, LSE
11:30am - 1:00pmAP 18: Asset Return Dynamics
Location: 1.003-1.004 (Floor 1)
Session Chair: Adlai Fisher, UBC
11:30am - 1:00pmAP 19: Factor Models
Location: 1.009-1.010 (Floor 1)
Session Chair: Evan Jo, Queen's University
11:30am - 1:00pmCF 14: Regulation Spillovers
Location: 2.002-2.003 (Floor 2)
Session Chair: Alberta Di Giuli, ESCP
11:30am - 1:00pmCF 15: Corporate Strategies and Product Markets
Location: 2.005-2.006 (Floor 2)
Session Chair: Nadya Malenko, Boston College
11:30am - 1:00pmFI 13: Regulation and the Boundaries of Traditional Banks
Location: 2.007-2.008 (Floor 2)
Session Chair: Diane Pierret, University of Luxembourg
11:30am - 1:00pmFI 14: Banks and Non-Banks Financial Intermediation
Location: 2.010-2.011 (Floor 2)
Session Chair: Loriana Pelizzon, Leibniz Institute for Financial Research SAFE
11:30am - 1:00pmSF 06: Frameworks for Sustainable Finance Research
Location: 3.000 (Floor 3)
Session Chair: Adelina Barbalau, HEC Paris & University of Alberta
11:30am - 1:00pmHF 08: Household Consumption and Financial Decisions
Location: 3.216 (Floor 3)
Session Chair: Sylvain Catherine, Wharton School, University of Pennsylvania