2019 Program

Thursday, December 12

Beginning at 5:00 pm — Arrival, Registration, and Welcome Reception

Friday, December 13

6:45 am: Breakfast Buffet Begins

7:05 am: Introduction and Welcome

7:05 am -- 8:30 am — Young Bubbles of Fresh Powder

Session Chair: Michael Schwert (Wharton)

Young Firms, Old Capital, Song Ma (Yale), Justin Murfin (Cornell), Ryan Pratt (BYU)

Discussant: Sahil Raina (Alberta)

Does credit affect stock trading? Evidence from the South Sea Bubble, Fabio Braggion (Tilburg), Rik Frehen (Tilburg), Emiel Jerphanion (Tilburg)

Discussant: Alp Simsek (MIT)

4:30 pm: Reception Begins

5:00 pm -- 7:00 pm — Job Market Session: Our Profession's Promise

Session Chair: Jan Bena (UBC)

The Race of Unicorns: A Signaling Story of Private Acquisitions, Xuelin Li (Minnesota)

Women’s Inheritance Rights and Entrepreneurship Gender Gap, S. Lakshmi Naaraayanan (HKUST)

Real effects of government monitoring: Evidence from commercial bank loans, Rebecca DeSimone (Columbia)

Social Collateral, Ha Diep-Nguyen (Indiana), Huong Dang (FTU, Vietnam)

Incentivizing Financial Regulators, Joseph Kalmenovitz (NYU)

Saturday, December 14

6:45 am: Breakfast Buffet Begins

7:00 am -- 8:30 am — Recognizing Talent in the Gaps

Session Chair: Øyvind Norli (BI Norwegian Business School)

The Allocation of Talent Across Mutual Fund Strategies, Andrea M. Buffa (Boston University), Apoorva Javadekar  (India School of Business)

Discussant: Anton Lines (Columbia)

The Gender Gap in Housing Returns, Paul Goldsmith-Pinkham (Yale), Kelly Shue (Yale)

Discussant: Gonzalo Maturana (Emory)

 4:30 pm: Reception Begins

5:00 pm -- 6:30 pm — Ed Van Wesep is the Best Skier. Or, is He? Revealed at Vail.

Session Chair: Anastassia Fedyk

Choosing to Disagree in Financial Markets, Snehal Banerjee (UCSD), Jesse Davis (UNC), Naveen Gondhi (INSEAD)

Discussant: Jason Roderick Donaldson (WUSTL)

Price Revelation from Insider Trading: Evidence from Hacked Earnings News, Pat Akey (Toronto), Vincent Gregoire (HEC Montreal), Charles Martineau (Toronto)

Discussant: Kenneth Ahern (USC)

Sunday, December 15

6:45 am: Breakfast Buffet Begins

7:00 am -- 8:30 am — Same Resort, Different Returns

Session Chair: Ryan Israelsen (Michigan State)

Horizon Bias and the Term Structure of Equity Returns, Stefano Cassella (Tilburg), Benjamin Golez (Notre Dame), Huseyin Gulen (Purdue), Peter Kelly (Notre Dame)

Discussant: Nicholas Reinholtz (Colorado – Marketing)

Same Firm, Different Betas, Ryan Lewis (Colorado)

Discussant: Yoshio Nozawa (HKUST)