2018

The 2018 Wellington Finance Summit

November 2-3

Wellington, New Zealand

Organised by 

School of Economics and Finance, Victoria Business School 

Victoria University of Wellington

Program Schedule

PDF Version

For each paper: 30 min for presentation including Q&A, 10 min for discussion.

Friday, November 2, 2018

8.30am-9.00am Registration / Welcome Breakfast, RHMZ04

Session One 

9.00am-10.20am: RHMZ03 

Chair: Kai Li (Hong Kong University of Science and Technology)

Equity Issuance Methods and Dilution

Mike Burkart (London School of Economics), Hongda Zhong (London School of Economics)

Discussant: Jinji Hao (Victoria University of Wellington) 

Global Currency Hedging with Common Risk Factors

Wei Opie (Deakin University), Steven J. Riddiough (University of Melbourne)

Discussant: Toby Daglish (Victoria University of Wellington)

10.20am-10.40am: Morning Break and Refreshments, RHMZ04

Session Two

10.40am-12.00pm: RHMZ03 

Chair: Denis Sosyura (Arizona State University) 

The Expected Investment Growth Premium

Jun Li (University of Texas at Dallas), Huijun Wang (University of Delaware)

Discussant: Hai Lin (Victoria University of Wellington)

The Leased Capital Premium

Kai Li (Hong Kong University of Science and Technology), Chi-Yang Tsou (Hong Kong University of Science and Technology)

Discussant: Steven J. Riddiough (University of Melbourne)

12.00pm-1.00pm: Lunch Break and Refreshments, RHMZ04

Keynote Speech

1:00pm-2:00pm: RHMZ03 

Chair: Hai Lin (Victoria University of Wellington)

Money Management in Equilibrium

Jonathan Berk (Stanford Graduate School of Business)

2.00pm-2.20pm: Afternoon Break and Refreshments, RHMZ04

Session Three

2.20pm-3.40pm: RHMZ03 

Chair: Hongda Zhong (London School of Economics)

A Dynamic Model of Technical Analysis with Imperfect Competition

Ming Guo (ShanghaiTech University)

Discussant: Cheng Zhang (Victoria University of Wellington)

Confirming Signals are Hard to Resist: Blessing and Curse of Information under Confirmation Bias

Stefanie Schraeder (University of New South Wales)

Discussant: Ming Guo (ShanghaiTech University)

3.40pm-4.00pm: Afternoon Break and Refreshments, RHMZ04

Session Four

4.00pm-5.20pm: RHMZ03 

Chair: Jun Li (University of Texas at Dallas)

Pay for Future Returns

Moqi Groen-Xu (London School of Economics), Peggy Huang (TIAA), Yiqing Lu (New York University Shanghai)

Discussant: Yongxin Xu (Victoria University of Wellington) 

The Origins and Real Effects of the Gender Gap:  Evidence from CEOs’ Formative Years

Ran Duchin (University of Washington), Mikhail Simutin (University of Toronto), Denis Sosyura (Arizona State University)  

Discussant: Yiqing Lu (New York University Shanghai) 

An IHS Markit Best Paper Award of NZ$1000 will be voted for by the participants at the conclusion of the summit.

6:15pm: Main dinner at Shed 5

Saturday, November 3, 2018

10:00am: A round trip to the Days Bay/Matiu Somes Island by ferry. Different times of returning are available.