Call For Papers

Winter Finance Summit in Asia 2026

February 16 (Mon) - 19 (Thu), 2026
(Monday evening reception through Thursday morning session)

Appi Resort, Iwate, Japan

Conference Overview 

Following the outstanding success of the inaugural Winter Finance Summit in Asia 2025, we are pleased to announce the second edition of this boutique academic conference. The summit will feature state-of-the-art research presentations in finance and real estate finance through a single-track format over three intensive days. Our intimate scale and exceptional location create an ideal environment for meaningful scholarly exchange and in-depth discussions.

Venue & Location

The conference will be held at ANA Crowne Plaza Resort APPI Kogen in Iwate Prefecture, northern Japan, approximately 3.5 hours from Tokyo Station by train and bus. Located at the base of Japan's Best Ski Resort (World Ski Awards 2022 & 2023), the venue offers 21 world-class slopes for skiing and snowboarding, as well as traditional open-air hot springs—perfect for relaxation between sessions.

February provides optimal powder snow conditions, and attendees will have the opportunity to explore the nearby city of Morioka, which ranked 2nd on The New York Times' 2023 travel list.

Resort Information: https://worldskiawards.com/award/japan-best-ski-resort/2023

Organizers

• Yoshio Nozawa (University of Toronto), 

• Jiro Yoshida (Penn State and University of Tokyo) 

• Xingtan Zhang (CKGSB).

Sponsor 

The Penn State Borrelli Institute for Real Estate Studies

Program Committee

• Brent Ambrose (Penn State University)

• Jaewon Choi (Seoul National University) 

• Pierre Collin-Dufresne (École Polytechnique Fédérale de Lausanne)

• Diego Garcia (University of Colorado)

• Foti Grigoris (University of Iowa)

• Yunzhi Hu (University of North Carolina)

• Yan Ji (Hong Kong University of Science and Technology)

• Raymond Kan (University of Toronto)

• Ryan Lewis (University of Colorado)

• Wenli Li (Federal Reserve Bank of Philadelphia)

• Song Ma (Yale University)

• Abhiroop Mukherjee (Hong Kong University of Science and Technology)

• Christopher Palmer (Massachusetts Institute of Technology)

• Yang Song (University of Washington)

• Yuri Tserlukevich (Arizona State University)

• Ed Van Wesep (University of Colorado)

Submission Guidelines 

Topics of Interest: We welcome high-quality submissions across all areas of finance and real estate finance. We particularly encourage early-stage research that has not been presented at major conferences (such as the American Finance Association). Please note: papers already accepted for publication are not eligible for submission. 

Deadline: October 19, 2025

Format: PDF submission via online form

Submission Portal:  https://forms.gle/KTfHaGU1AucTHhF69 

Notification: Authors will be notified of acceptance decisions by the end of November 2025.

Additional Opportunities: When submitting, please indicate your interest in serving as a discussant or session chair, even if your paper is not selected for presentation.

Financial Information

Registration: No submission fees

Accommodation & Meals: Approximately $950 USD for a single-room, three-night stay with meals and registration (based on current exchange rates)

Travel: Participants are responsible for their own travel expenses

Special Rates: Conference attendees receive negotiated hotel rates through the conference reservation site: TBA

Hotel Information: https://www.appi-japan.com/hotel-room/ana-crowne-plaza-resort-appi-kogen/

Contact Information

For questions regarding practical arrangements or conference details, please contact the organizers directly at wfsasia1@gmail.com.

We look forward to your submissions and to welcoming you to this unique academic gathering.