2017
The 2017 Wellington Finance Summit
October 26-27
Wellington, New Zealand
Organised by
School of Economics and Finance, Victoria Business School
Victoria University of Wellington
Program Schedule
For each paper: 30 min for presentation including Q&A, 10 min for discussion.
Thursday, October 26, 2017
5.30pm-6.30pm: RHMZ03
Reception: drinks
Friday, October 27, 2017
8.30am-9.00am Registration / Welcome Breakfast, RHMZ02
Session One
9.00am-10.20am: RHMZ03
Chair: Cheng Zhang (Victoria University of Wellington)
Disaggregated Sales and Stock Returns
Sumit Agarwal (Georgetown University)
Wenlan Qian (National University of Singapore)
Xin Zou (Hong Kong Baptist University)
Discussant: Ben R. Marshall (Massey University)
Downward Wage Rigidity, Corporate Investment, and Firm Value
Duckki Cho (University of Sydney)
Discussant: Griffin Geng (Victoria University of Wellington)
10.20am-10.40am: Morning Break and Refreshments, RHMZ02
Session Two
10.40am-12.00pm: RHMZ03
Chair: Griffin Geng (Victoria University of Wellington)
Si Cheng (Chinese University of Hong Kong)
Massimo Massa (INSEAD)
Hong Zhang (PBCSF, Tsinghua University)
Discussant: Xuemin (Sterling) Yan (University of Missouri-Columbia)
Country Governance and International Equity Returns
Ben R. Marshall (Massey University)
Hung T. Nguyen (Monash University)
Nhut H. Nguyen (Massey University)
Nuttawat Visaltanachoti (Massey University)
Discussant: Cheng Zhang (Victoria University of Wellington)
12.00pm-1.00pm: Lunch Break and Refreshments, RHMZ02
Keynote Speech
1:00pm-2:00pm: RHMZ03
Chair: Hai Lin (Victoria University of Wellington)
Securitization and Complexity
Rossen Valkanov (UC San Diego)
2.00pm-2.20pm: Afternoon Break and Refreshments, RHMZ02
Session Three
2.20pm-3.40pm: RHMZ03
Chair: Hai Lin (Victoria University of Wellington)
The Value of Volume in Foreign Exchange
Antonio Gargano (University of Melbourne)
Steven J. Riddiough (University of Melbourne)
Lucio Sarno (Cass Business School and CEPR)
Discussant: Jinji Hao (Victoria University of Wellington)
Business Cycles and the Cross-Section of Currency Returns
Steven J. Riddiough (University of Melbourne)
Lucio Sarno (Cass Business School and CEPR)
Discussant: Anella Munro (Reserve Bank of New Zealand)
3.40pm-4.00pm: Afternoon Break and Refreshments, RHMZ02
Session Four
4.00pm-5.20pm: RHMZ03
Chair: Jinji Hao (Victoria University of Wellington)
Prediction of Treasury Bond Returns
Hai Lin (Victoria University of Wellington)
Wenrang Liu (National Taiwan University)
Chunchi Wu (State University of New York at Buffalo)
Guofu Zhou (Washington University in St. Louis and CAFR)
Discussant: Antonio Gargano (University of Melbourne)
On the Performance of Volatility-Managed Portfolios
Scott Cederburg (University of Arizona)
Michael S. O’Doherty (University of Missouri-Columbia)
Feifei Wang (Miami University)
Xuemin (Sterling) Yan (University of Missouri-Columbia)
Discussant: Hai Lin (Victoria University of Wellington)
6:15pm: Main dinner, Shed 5, Queens Wharf
A Harbour Asset Management Best Paper Award of NZ$2000 will be voted for by the participants at the conclusion of the summit.