Deadlines
Red Rock Finance Conference 2024
Prior Years
2024
Program Chair
Amit Seru (Stanford)
Awards
Best Paper: Olivia Kim, "Precautionary Debt Capacity"
Best Discussant: Lulu Wang, "Explaining Racial Disparities in Personal Bankruptcy Outcomes"
Papers
- Asset Purchases Rules: How QE Transformed the Bond Market
Valentin Haddad (UCLA), Alan Moreira (Rochester), Tyler Muir (UCLA)*
Discussant: Emil Verner (MIT) - Explaining Racial Disparities in Personal Bankruptcy Outcomes
Bronson Argyle (BYU), Sasha Indarte (Wharton), Ben Iverson (BYU)*, Christopher Palmer (MIT)
Discussant: Lulu Wang (Kellogg) - Finance in a Time of Disruptive Growth
Nicolae Garleanu (Washington – St. Louis)*, Stavros Panageas (UCLA)
Discussant: Winston Dou (Wharton) - Intergenerational Effects of Household Debt Relief: Evidence from Bankruptcy Protection
Naser Hamdi (Equifax), Ankit Kalda (Indiana)*, Qianfan Wu (Indiana)
Discussant: Erica Jiang (USC) - Interest Rate Risk in Banking
Peter Demarzo (Stanford)*, Arvind Krishnamurthy (Stanford), Stefan Nagel (Chicago)
Discussant: Mark Egan (Harvard) - Modeling Managers as EPS Maximizers
Itzhak Ben-David (Ohio State), Alex Chinco (Baruch)*
Discussant: Zhiguo He (Stanford) - Precautionary Debt Capacity
Olivia Kim (Harvard)*, Deniz Aydin (Washington – St. Louis)
Discussant: Amir Sufi (Chicago) - Refinancing Frictions, Mortgage Pricing and Redistribution
David Berger (Duke), Konstantin Milbradt (Kellogg)*, Fabrice Tourre (Baruch)
Discussant: Tim Landvoigt (Wharton) - Understanding Excess Repayment
Jack Liebersohn (UC Irvine)*, Michael Fitzpatrick (UC Irvine), Vikram Jambulapati (UCSD)
Discussant: Arpit Gupta (NYU) - When Private Equity comes to Town: The Local Economic Consequences of Rising Healthcare Costs
Cyrus Aghamolla (Rice), Jash Jain (Minnesota), Richard Thakor (Minnesota)*
Discussant: Paola Sapienza (Kellogg)
* presenter
Photos
Program Committee
|
Bronson Argyle (BYU) |
Brigitte Madrian (BYU) |
2023
Program Chair
Ralph Koijen (Chicago)
Awards
- Best Paper: Xing Huang, "The 'Actual Retail Price' of Equity Trades"
- Best Discussant: Emanuele Colonnelli, "Consumer Choice and Corporate Bankruptcy"
Papers
- The "Actual Retail Price" of Equity Trades
Christopher Schwarz (UC Irvine), Brad Barber (UC Davis), Xing Huang (Washington – St. Louis)*, Philippe Jorion (UC Irvine), Terry Odean (UC Berkeley)*
Discussant: Valentin Haddad (UCLA) - Are Cryptos Different? Evidence from Retail Trading
Shimon Kogan (Wharton), Igor Makarov (LSE), Marina Niessner (Indiana)*, Antoinette Schoar (MIT)
Discussant: Kent Daniel (Columbia) - Banking without Deposits: Evidence from Shadow Bank Call Reports
Gregor Matvos (Northwestern)*, Erica Jiang (USC), Tomasz Piskorski (Columbia), Amit Seru (Stanford)
Discussant: Adi Sunderam (Harvard) - Consumer Choice and Corporate Bankruptcy
Samuel Antill (Harvard)*, Megan Hunter (Boston College)
Discussant: Emanuele Colonnelli (Chicago)
- The Debt-Inflation Channel of the German Hyperinflation
Emil Verner (MIT), Markus Brunnermeier (Princeton), Sergio Correia (Board of Governors – Federal Reserve), Stephan Luck (Federal Reserve Bank of New York)*, Tom Zimmermann (Cologne)
Discussant: Hanno Lustig (Stanford) - The Factor Model Failure Puzzle
Fahiz Baba-Yara (Indiana), Boyer, Brian (BYU), Carter Davis (Indiana)*,
Discussant: Serhiy Kozak (Maryland)
- Machine Learning and the Implementable Efficient Frontier
Theis Jensen (Yale)*, Bryan Kelly (Yale), Semyon Malamud (Swiss Finance Institute), Lasse Heje Pedersen (Copenhagen)
Discussant: Andy Neuhierl (Washington – St. Louis) - A Monetary Policy Asset Pricing Model
Caballero, Ricardo (MIT), Alp Simsek (Yale)*
Discussant: Anna Cieslak (Duke)
- Mortgage Lock-In, Mobility, and Labor Reallocation
Julia Fonseca (Illinois), Lu Liu (Wharton)*
Discussant: Amit Seru (Stanford)
- The Rise of Non-Banks in Servicing Household Debt
Naser Hamdi (Equifax), Brittany Lewis (Washington – St. Louis), Manisha Padi (UC Berkeley), Erica Jiang (USC)*, Avantika Pal (Washington – St. Louis)
Discussant: Tarun Ramadorai (Imperial College)
* presenter
Photos
Program Committee
|
Jonathan Berk (Stanford) |
Ulrike Malmendier (UC Berkeley) |
2022
Program Chair
Ulrike Malmendier (UC Berkeley)
Awards
- Best Paper: Jonathan Wallen, "Many Markets Make Good Neighbors: Multimarket Contact and Deposit Banking"
- Best Discussant: Valentin Haddad, "A Stock Return Decomposition Using Observables"
Papers
- Bargaining with Private Equity: Implications for Hospital Prices and Patient Welfare
Tong Liu (MIT)*
Discussant: Samuel Antill (Harvard)
- Entrepreneurship and the Platform Economy: Evidence from U.S. Tax Returns
Matthew Denes (Carnegie Mellon)*, Spyridon Lagaras (Pittsburgh), Margarita Tsoutsoura (Cornell)
Discussant: Michael Ewens (Columbia)
- Hidden Alpha
Manuel Ammann (St. Gallen), Alexander Cochardt (Harvard), Lauren Cohen (Harvard), Stephan Heller (Harvard)*
Discussant: Ron Kaniel (Rochester)
- Housing Demand and Remote Work
John Mondragon (Federal Reserve Bank of San Francisco), Johannes Wieland (UC San Diego)*
Discussant: Arpit Gupta (NYU)
- The Impact of Social Insurance on Household Debt
Gideon Bornstein (Wharton), Sasha Indarte (Wharton)*
Discussant: Giorgia Piacentino (Columbia)*
- Many Markets Make Good Neighbors: Multimarket Contact and Deposit Banking
John Hatfield (UT Austin), Jonathan Wallen (Harvard)*
Discussant: Alexi Savov (NYU)
- A Stock Return Decomposition Using Observables
Benjamin Knox (Federal Reserve Board)*, Annette Vissing-Jorgensen (Federal Reserve Board)
Discussant: Valentin Haddad (UCLA)
- A Tale of Two Networks: Common Ownership and Product Market Rivalry
Florian Ederer (Yale), Bruno Pellegrino (Maryland)*
Discussant: Doron Levit (Washington)
- What Drives Variation in the U.S. Debt/Output Ratio? The Dogs that Didn't Bark
Zhengyang Jiang (Northwestern), Hanno Lustig (Stanford), Stijn Van Nieuwerburgh (Columbia), Mindy Xiaolan (UT Austin)*
Discussant: Mikhail Chernov (UCLA)
- Why are Firms Slow to Adopt Profitable Opportunities
Waldo Ojeda (CUNY), Sean Higgins (Northwestern)*, Ulrike Malmendier (UC Berkeley), Paul Gertler (UC Berkeley)
Discussant: Ryan Pratt (BYU)
* presenter
Photos
Program Committee
|
Jonathan Berk (Stanford) |
Todd Mitton (BYU) |
2021
Program Chair
Lubos Pastor (Chicago)
Awards
- Best Paper: Anthony Defusco, "Measuring the Welfare Effects of Adverse Selection in Consumer Credit Markets"
- Best Discussant: Greg Buchak, "Measuring the Welfare Effects of Adverse Selection in Consumer Credit Markets"
Papers
- CEO Pet Projects
Paul Decaire (ASU)*, Denis Sosyura (ASU)
Discussant: Margarita Tsoutsoura (Cornell)
- Dissecting Mechanisms of Financial Crises: Intermediation and Sentiment
Arvind Krishnamurthy (Stanford), Wenhao Li (USC)*
Discussant: Maryam Farboodi (MIT)
- Does FinTech Substitute for Banks? Evidence from the Paycheck Protection Program
Isil Erel (Ohio State), Jack Liebersohn (UC Irvine)*
Discussant: Adi Sunderam (Harvard)
- The Economic Burden of Pension Shortfalls: Evidence from House Prices
Darren Aiello (BYU)*, Asaf Bernstein (Colorado), Mahyar Kargar (Illinois), Ryan Lewis (Colorado), Michael Schwert (Wharton)
Discussant: Jinyuan Zhang (UCLA)
- How Costly is Noise? Data and Disparities in the US Mortgage Market
Laura Blattner (Stanford), Scott Nelson (Chicago)*
Discussant: Michaela Pagel (Columbia)
- The Labor Effects of Pro-labor Bias in Bankruptcy
Aloisio Araujo(FGV EPGE), Rafael Ferreira (Sao Paulo), Spyridon Lagaras (Pittsburgh)*, Flavio Moraes (FGV EPGE), Jacopo Ponticelli (Northwestern), Margarita Tsoutsoura (Cornell)
Discussant: Adrien Matray (Princeton)
- Measuring the Welfare Effects of Adverse Selection in Consumer Credit Markets
Anthony DeFusco (Northwestern)*, Huan Tang (LSE), Constantine Yannelis (Chicago)
Discussant: Greg Buchak (Stanford)
- Rise of the Machines: The Impact of Automated Underwriting
Mark Jansen (Utah)*, Amin Shams (Ohio State), Hieu Nguyen (Utah)
Discussant: Sasha Indarte (Wharton)
- The Risks of Safe Assets
Yang Liu (Hong Kong), Lukas Schmid (USC)*, Amir Yaron (Bank of Israel)
Discussant: Zhengyang Jiang (Northwestern)
- What Do the Portfolios of Individual Investors Reveal About the Cross-Section of Equity Returns?
Sebastien Betermier (McGill)*, Laurent Calvet (EDHEC Business School), Samuli Knupfer (BI Business School), Jens Kvaerner (Tilburg)
Discussant: Serhiy Kozak (Maryland)
* presenter
Photos
Program Committee
|
Jonathan Berk (Stanford) |
Gregor Matvos (Northwestern) |
2020
Program Chair
Antoinette Schoar (MIT)
Awards
- Best Paper: Sylvain Catherine, "Social Security and Trends in Inequality "
- Best Discussant: Annette Vissing-Jørgensen, "A Q-Theory of Inequality"
Papers
- Asset Pricing with Price Levels
Thummim Cho (LSE)*, Christopher Polk (LSE)
Discussant: Leonid Kogan (MIT)
- How do Private Equity Fees Vary Across Public Pensions?
Juliane Begenau (Stanford)*, Emil Siriwardane (Harvard)
Discussant: Arthur Korteweg (USC)
- Investor Tax Credits and Entrepreneurship: Evidence from U.S. States
Matthew Denes (Carnegie Mellon), Sabrina Howell (NYU), Filippo Mezzanotti (Northwestern), Xinxin Wang (UCLA), Ting Xu (Virginia)*
Discussant: Song Ma (Yale)
- A Q-theory of Inequality
Matthieu Gomez(Columbia)*, Émilien Gouin-Bonenfant (Columbia)
Discussant: Annette Vissing-Jørgensen (Berkeley)
- Resolving the Excessive Trading Puzzle: An Integrated Approach Based on Surveys and Transactions
Hongqi Liu (CUHK Shenzhen), Cameron Peng (LSE)*, Wei A. Xiong (Shenzhen Stock Exchange), Wei Xiong (Princeton)
Discussant: Samuel Hartzmark (Chicago)
- Running Up the Tab: Personal Bankruptcy, Moral Hazard, and Shadow Debt
Bronson Argyle (BYU)*, Benjamin Iverson (BYU), Taylor Nadauld (BYU), Christopher Palmer (MIT)
Discussant: Neale Mahoney (Stanford)
- Shocks and Technology Adoption: Evidence from Electronic Payment Systems
Nicolas Crouzet (Northwestern)*, Apoorv Gupta (Northwestern), Filippo Mezzanotti (Northwestern)*
Discussant: Amit Seru (Stanford)
- Social Security and Trends in Inequality
Sylvain Catherine (Wharton)*, Max Miller (Wharton), Natasha Sarin (Penn Law & Wharton)
Discussant: Owen Zidar (Princeton)
- Taxes Depress Corporate Borrowing: Evidence from Private Firms
Ivan T. Ivanov (FRB), Luke Pettit (FRB), Toni Whited (Michigan)
Discussant: David Thesmar (MIT)
- Two Tales of Debt
Amir Kermani (Berkeley), Yueran Ma (Chicago)*
Discussant: Michael Roberts (Wharton)
* Presenting Author
Program Committee
|
Jonathan Berk (Stanford) |
Todd Mitton (BYU) |
2019
Program Chair
Jonathan Berk (Stanford)
Awards
- Best Paper: Jessica Wachter, "A Retrieved-Context Theory of Financial Decisions"
- Best Discussant: Peter DeMarzo, "Do Firms Save Too Much Cash: Evidence from a Tax on Corporate Savings"
Papers
- Common Ownership in America: 1980--2017
Matthew Backus (Columbia)*, Chris Conlon (NYU), Michael Sinkinson (Yale)
Discussant: Gregor Matvos (Northwestern University)
- The Consumption Effects of the Disposition to Sell Winners and Hold on to Losers
Benjamin Loos (University of Technology Sydney), Steffen Meyer (Southern Denmark)*, Michaela Pagel (Columbia),
Discussant: Brad Barber (UC Davis)
- Decomposing Present Value Effects: Evidence from a Large-scale Restructuring Experiment
Deniz Aydin (Washington -- St. Louis)*
Discussant: Andres Liberman (NYU)
- Do Firms Save Too Much Cash: Evidence from a Tax on Corporate Savings
Brian Kim (Baylor), Woojin Kim (Seoul National), Mathias Kronlund (Illinois)*,
Discussant: Peter DeMarzo (Stanford)
- Financial Inclusion, Human Capital, and Wealth Accumumlation: Evidence from the Freedman's Saving Bank
Luke Stein (ASU), Constantine Yannelis (Chicago)*
Discussant: Jillian Grennan (Duke)
- Give Me Your Tired, Your Poor, Your High Skilled Labor: H-1B Lottery Outcomes and Entrepreneurial Success
Stephen Dimmock (Nanyang Technological University), Jiekun Huang (Illinois), Scott Weisbenner (Illinois)*
Discussant: Tim McQuade (Stanford)
- Market Power in Small Business Lending: A Two Dimensional Bunching Approach
Natalie Bachas (Princeton), Ernest Liu (Princeton)*
Discussant: Yueran Ma (Chicago)
- Outraged by Compensation: Implications for Public Pension Performance
Alexander Dyck (Toronto)*, Paulo Martins Manoel (Kentucky), Adair Morse (UC Berkeley)
Discussant: Katharina Lewellen (Dartmouth)
- Perceived Precautionary Saving's Motives: Evidence from Fin Tech
Francesco D'Acunto (Boston College), Thomas Rauter (Chicago)*, Christoph Scheuch (WU Wien), Michael Weber (Chicago)
Discussant: Sabrina Howell (NYU)
- A Retrieved-Context Theory of Financial Decisions
Jessica Wachter (Wharton)*, Michael Kahana (Penn)
Discussant: Robin Greenwood (Harvard)
* Presenting Author
Photos
Program Committee
|
Brian Boyer (BYU) |
Brigitte Madrian (BYU) |
2018
Program Chair
Toby Moskowitz (Yale)
Awards
- Best Paper: Seth Pruitt, "Characteristics are Covariances"
- Best Discussant: Florian Ederer, "Marginal Entrepreneurs"
Papers
- Characteristics are Covariances
Bryan Kelly (Yale), Seth Pruitt (ASU)*, Yinan Su (Chicago)
Discussant: Lars Hansen (Chicago)
- Disaster Lending: The Distributional Consequences of Government Lending Programs
Taylor Begley (Washington -- St. Louis)*, Umit Gurun (UT Dallas), Amiyatosh Purnanandam (Michigan), Daniel Weagley (Georgia Institute of Technology)
Discussant: Amir Kermani (UC Berkeley)
- Do Banks have an Edge?
Julianne Begenau (Stanford), Erik Stafford (Harvard)*
Discussant: Tyler Muir (UCLA)
- The Equilibrium Effects of Information Deletion: Evidence from Consumer Credit Markets
Andres Liberman (NYU), Christopher Neilson (Princeton), Luis Opazo (ABIF), Seth Zimmerman (Chicago)*
Discussant: Chris Palmer (MIT)
- Fake News: Evidence from Financial Markets
Shimon Kogan (MIT), Tobias Moskowitz (Yale), Marina Niessner (AQR Capital)*
Discussant: Elisabeth Kempf (Chicago)
-
Global Market Inefficiencies
Sohnke Bartram (Warwick), Mark Grinblatt (UCLA)*
Discussant: Kent Daniel (Columbia)
- Killer Acquisitions
Colleen Cunningham (LBS), Florian Ederer (Yale), Song Ma (Yale)*
Discussant: Gordon Phillips (Dartmouth)
- The Leveraging of Silicon Valley
Jesse Davis (UNC), Adair Morse (UC Berkeley), Xinxin Wang (UNC)*
Discussant: Daniel Wolfenzon (Columbia)
- Marginal Entrepreneurs
Shai Bernstein and Emanuele Colonnelli (Stanford), Davide Malacrino (IMF), Tim Mcquade (Stanford)*
Discussant: Florian Ederer (Yale)
- Shrinking the Cross Section
Serhiy Kozak (Michigan)*, Stefan Nagel (Chicago), Shrihari Santosh (Maryland)
Discussant: Lars Hansen (Chicago)
* Presenting Author
Photos
Program Committee
|
Brian Boyer (BYU) |
Francis Longstaff (UCLA) |
2017
Program Chair
David Hirshleifer (UC Irvine)
Awards
- Best Paper: Danielle Li, "Financing Novel Drugs"
- Best Discussant: Scott Yonker, "Why Don't We Agree? Evidence from a Social Network of Investors"
Papers
-
Access to Capital, the Skill Composition, and Firm Wages
E. Han Kim (Michigan)*, Heuijung Kim (Sungkyunkwan), Yuan Li (USC), Yao Lu and Xingzheng Shi (Tsinghua)
Discussant: Ben Iverson (BYU) - Creative Destruction and the Rational Evolution of Bubbles
Daniel Andrei and Bruce Carlin* (UCLA)
Discussant: Winston Dou (Wharton)
- The Dividend Disconnect
Samuel Hartzmark (Chicago), David Solomon (USC)*
Discussant: Eric So (MIT)
- Financing Novel Drugs
Joshua Krieger (MIT), Danielle Li (Harvard)*, Dmitris Papanikolaou (Northwestern)
Discussant: Michael Weisbach (Ohio State)
- Managers' Personal Bankruptcy Costs and Risk-Taking
David Schoenherr (Princeton)*
Discussant: Kelly Shue (Yale)
- Multi-Frequency Trade
Nicolas Crouzet*, Ian Dew-Becker and Charles Nathanson (Northwestern)
Discussant: Bradyn Breon-Drish (UCSD)
- Political Cycles and Stock Returns
Lubos Pastor* and Pietro Veronesi (Chicago)
Discussant: Rossen Valkanov (UCSD)
- Real Effects of Search Frictions in Consumer Credit Markets
Bronson Argyle* and Taylor Nadauld (BYU), Christopher Palmer (UC Berkeley)
Discussant: Hoai-Luu Nyugen (UC Berkeley)
- The Relevance of Broker Networks for Information Diffusion in the Stock Market
Marco Di Maggio (Harvard)*, Francesco Franzoni (USI Lugano), Amir Kermani (UC Berkeley), Carlo Sommavilla (USI Lugano)
Discussant: Johan Walden (UC Berkeley)
- Why Don't We Agree? Evidence from a Social Network of Investors
J. Anthony Cookson (Colorado), Marina Niessner (Yale)*
Discussant: Scott Yonker (Cornell)
*Presenter
Photos
Program Committee
|
Brian Boyer (BYU) |
Francis Longstaff (UCLA) |
2016
Program Chair
John Campbell (Harvard)
Awards
- Best Paper: Gonzalo Maturana, "Teachers Teaching Teachers: The Role of Networks on Financial Decisions"
- Best Discussant: Luke Taylor, "In Search of Ideas: Technological Innovation and Executive Pay Inequality"
Papers
-
Comparables Pricing
Justin Murfin (Yale), Ryan Pratt (BYU)*
Discussant: David Hirshleifer (UC Irvine) -
Gold, Platinum, and Expected Stock Returns
Darien Huang (Cornell)*
Discussant: Josh Coval (Harvard) -
In Search of Ideas: Technological Innovation and Executive Pay Inequality
Carola Frydman and Dmitris Papanikolaou* (Northwestern)
Discussant: Luke Taylor (Wharton) -
Lazy Prices
Lauren Cohen (Harvard), Christopher Malloy (Harvard), Quoc Nguyen (Illinois at Chicago)
Discussant: Kent Daniel (Columbia) -
Minimum Payments and Debt Paydown in Credit Cards
Benjamin Keys (Chicago), Jialan Wang (Illinois at Urbana-Champaign)*
Discussant: JeremyTobacman (Wharton) -
Misallocation Cycles
Cedric Ehouarne and Lars Kuehn (Carnegie Mellon), David Schreindorfer (ASU)*
Discussant: Andrea Eisfeldt (UCLA) -
Proxy Advisory Firms: The Economics of Selling Information to Voters
Andrey Malenko (MIT)*, Nadya Malenko (Boston College)
Discussant: Doron Levit (Wharton) -
Should the Government be Paying Investment Fees on $3 Trillion of Tax-deferred Retirement Assets?
Mattia Landoni (SMU)*, Stephan Zeldes (Columbia)
Discussant: Dan Bergstresser (Brandeis) -
Teachers Teaching Teachers: The Role of Networks on Financial Decisions
Gonzalo Maturana (Emory)*, Jordan Nickerson (Boston College)
Discussant: John Beshears (Harvard) -
Volatility Managed Portfolios
Alan Moreira* and Tyler Muir (Yale)
Discussant: Timothy Mcquaid (Stanford)
*Presenter
Photos
Program Committee
|
Brian Boyer (BYU) |
Francis Longstaff (UCLA) |
2015
Program Chair
Kent Daniel (Columbia)
Awards
- Best Paper: Kelly Shue, "Decision-Making under the Gambler's Fallacy: Evidence from Asylum Judges, Loan Officers, and Baseball Umpires"
- Best Discussant: Juhani Linnainmaa, "V-Shaped Disposition: Mutual Fund Trading Behavior and Price Effects"
Papers
-
Competition, Markups and Predictable Returns
Alexandre Corhay (UBC), Howard Kung (LBS), Lukas Schmid (Duke)
Discussant: Ian Dew-Becker (Northwestern) -
The Contract Year Phenomenon in the Corner Office: An Analysis of Firm Behavior During CEO Contract Renewals
Ping Liu and Yuhai Xuan* (Illinois at Urbana-Champaign)
Discussant: Marina Niessner (Yale) -
Credit Expansion and Neglected Crash Risk
Matthew Baron (Cornell)*, Wei Xiong (Princeton)
Discussant: Alan Moreiara (Yale) -
Decision-Making under the Gambler's Fallacy: Evidence from Asylum Judges, Loan Officers, and Baseball Umpires
Daniel Chen (ETH Zurich), Tobias Moskowitz (Chicago), Kelly Shue (Chicago)*
Discussant: Kent Daniel (Columbia) -
Financing Payouts
Joan Farre-Mensa (Harvard)*, Roni Michaely (Cornell and IDC), Martin Schmalz (Michigan)
Discussant: Sheridan Titman (UT Austin) -
Four Centuries of Return Predictability
Benjamin Golez (Notre Dame), Peter Koudijs (Stanford)*
Discussant: Michael Weber (Chicago) -
The Real effects of Liquidity During the Financial Crisis
Evidence from Automobiles
BenMelech (Northwestern), Meisenzahl and Ramcharan (Federal Reserve Board)
Discussant: Palmer (UC Berkeley) -
Selling Failed Banks
Granja (MIT), Matvos (Chicagol), Seru (Chicago)
Discussant: Chernenko (OSU) -
Stock Returns over the FOMC Cycle
Anna Cieslak (Duke), Adair Morse* and Annette Vissing-Jorgensen (UC Berkeley)
Discussant: Bryan Kelly (Chicago) -
V-Shaped Disposition: Mutual Fund Trading Behavior and Price Effects
Li An (Tsinghua), Bronson Argyle (BYU)*
Discussant: Juhani Linnainmaa (Chicago)
*Presenter
Photos
Program Committee
|
Brian Boyer (BYU) |
Francis Longstaff (UCLA) |
2014
Program Chair
John Graham (Duke)
Awards
- Best Paper: Manuel Adelino, "Firm Age, Investment Opportunities, and Job Creation"
- Best Discussant: Rodney Ramcharan , "Captive Finance and the Coase Conjecture"
Papers
-
Asset Pricing in the Frequency Domain: Theory and Empirics
Ian Dew-Becker (Duke)*, Stefano Giglio (Chicago)
Discussant: Hui Chen (MIT) -
Captive Finance and the Coase Conjecture
Justin Murfin (Yale), Ryan Pratt (BYU)*
Discussant: Rodney Ramcharan (Board of Governors) -
Does Greater Inequality Lead to More Household Borrowing? New Evidence from Household Data
Olivier Coibion (UT Austin), Yuriy Gorodnichenko (UC Berkeley), Marianna Kudlyak (Federal Reserve Bank of Richmond), John Mondragon (UC Berkeley)*
Discussant: Brian Melzer (Northwestern) -
Firm Age, Investment Opportunities, and Job Creation
Manuel Adelino*, Song Ma and David Robinson (Duke)
Discussant: Martin Schmalz (Michigan) -
Interim Fund Performance and Fundraising in Private Equity
Brad Barber* and Ayako Yasuda (UC Davis)
Discussant: Richard Townsend (Dartmouth) -
Learning about CEO Ability and Stock Return Volatility
Yihui Pan (Utah), Tracy Yue Wang (Minnesota), Michael Weisbach (Ohio State)*
Discussant: Dirk Jenter (Stanford) -
Patent Trolls
Lauren Cohen (Harvard)*, Umit Gurun, (UT at Dallas), Scott Kominers (Harvard)
Discussant: Shawn Miller (Stanford Law) -
Short Selling Risk
Joseph Engelberg (UC San Diego), Adam Reed (North Carolina), Matthew Ringgenberg (Washington --St. Louis)*
Discussant: Juhani Linnainmaa (Chicago) -
Sticking to Your Plan: Hyperbolic Discounting and Credit Card Debt Paydown
Theresa Kuchler (NYU)*
Discussant: Denis Sosyura (Michigan) -
What Will It Do For My EPS? A Straightforward But Powerful Motive for Mergers
Gerald Garvey (BlackRock), Todd Milbourn (Washington--St. Louis)*, Kangzhen Xie (Arkansas)
Discussant: David Robinson (Duke)
*Presenter
Photos
Program Committee
|
Brian Boyer (BYU) |
Hanno Lustig (UCLA) |
2013
Program Chair
Josh Coval (Harvard)
Awards
- Best Paper: Leonid Kogan, "Measuring the "Dark Matter" in Asset Pricing Models"
- Best Discussant: Josephine Smith, "Notes on Bonds: Liquidity at All Costs in the Great Recession"
Papers
-
Asset Quality Misrepresentation by Financial Intermediaries: Evidence from RMBS Market
Thomasz Piskorski (Columbia), Amit Seru (Chicago)*, James Witkin (Columbia)
Discussant: Tyler Shumway (Michigan) -
The Bonding Hypothesis of Takeover Defenses: Evidence from IPO Firms
William Johnson (Suffolk), Jonathon Karpoff (Washington)*, Sangho Yi (Sogang)
Discussant: Michael Lemmon (BlackRock) -
Estimating the Benefits of Contractual Completeness
Gregor Matvos (Chicago)*
Discussant: Ben Iverson (Northwestern) -
Heterogeneous Information Diffusion and Horizon Effects in Average Returns
Oliver Boguth (ASU)*, Murray Carlson and Adlai Fisher (British Columbia), Mikhail Simutin (Toronto)
Discussant: Alan Moreira (Yale) -
Investor Attention and Stock Market Volatility
Daniel Andrei (UCLA)*, Michael Hasler (Swiss Finance Institute)
Discussant: Murray Carlson (UBC) -
Measuring the "Dark Matter" in Asset Pricing Models
Hui Chen, Leonid Kogan* and Winson Wei Dou (MIT)
Discussant: Bradyn Breon-Drish (Stanford) -
Notes on Bonds: Liquidity at All Costs in the Great Recession
David Musto, Greg Nini and Krista Schwarz* (Penn)
Discussant: Josephine Smith (NYU) -
The Pre-FOMC Announcement Drift
David Lucca (Federal Reserve Bank of New York)*, Emanuel Moench (Federal Reserve Bank of New York)
Discussant: Chris Parsons (UCSD) -
Self-Enhancing Transmission Bias and Active Investing
Bing Han (UT Austin), David Hirshleifer (UC Irvine)*
Discussant: Bruce Carlin (UCLA) -
Synthetic or Real? The Equilibrium Effects of Credit Default Swaps on Bond Markets
Martin Oehmke (Columbia)*, Adam Zawadowski (Boston)
Discussant: William Fuchs (UC Berkeley)
*Presenter
Photos
Program Committee
|
Brian Boyer (BYU) |
Hanno Lustig (UCLA) |
2012
Program Chair
Francis Longstaff (UCLA)
Awards
- Best Paper: Amit Seru, "Inconsistent Regulators: Evidence from Banking"
- Best Discussant: Hanno Lustig, "Carry "
Keynote Speaker
- Monika Piazzesi — (Stanford)
Papers
-
Bank Regulation, Credit Ratings, and Systematic Risk
Giuliano Iannotta (Bocconi), George Pennacchi (Illinois)
Discussant: Christine Parlour (MIT) -
Can Metropolitan Housing Risk be Diversified?
John Cotter (University College Dublin), Stuart Gabriel* and Richard Roll (UCLA)
Discussant: Amiyatosh Purnanandam (Michigan) -
Carry
Ralph Koijen* and Tobias Moskowitz (Chicago), Lasse Pedersen (NYU), Evert Vrugt (VU University Amsterdam)
Discussant: Hanno Lustig (UCLA) -
The Cost of Capital for Alternative Investments
Jakub Jurek (Princeton)*, Erik Stafford (Harvard)
Discussant: Russ Wermers (Maryland) -
Credit Policy as Fiscal Policy
Deborah Lucas (MIT)*
Discussant: Denis Sosyura (Michigan) -
Expecting the Fed: Monetary policy, forecast errors and credit supply
Anna Cieslak (Northwestern)*, Pavol Povala (Lugano)
Discussant: Scott Joslin (USC) -
Financial Integration, Housing and Economic Volatility
Philip Strahan (Boston College)*
Discussant: Jay Hartzell (UT Austin) -
Inconsistent Regulators: Evidence from Banking
David Lucca (Federal Reserve Bank of New York), Amit Seru (Chicago)*, Francesco Trebbi (British Columbia, NBER, and CIFAR)
Discussant: Philipp Schnabl (NYU) -
Macroeconomic Effects of Corporate Default Crises: A Long Term Perspective
Kay Giesecke (Stanford), Francis Longstaff (UCLA)*, Stephen Schaefer, (LBS), Ilya Strebulaev (Stanford)
Discussant: Josh Coval (Harvard)
*Presenter
Photos
Program Committee
|
Brian Boyer (BYU) |
Jon Karpov (Washington) |
Redrock Conference Pictures 2012-2017
