2016 Program

Thursday, December 15

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

Friday, December 16

7:00 am: Introduction and Welcome

7:10 am -- 8:30 am — Working Out the Kinks

Session Chair: Andrew MacKinlay (Virginia Tech)

Kinky Tax Policy and Abnormal Investment Behavior,  Qiping Xu (Notre Dame), Eric Zwick (Chicago Booth)

Merger Activity, Stock Prices, and Measuring Gains from M&A, Benjamin Bennett (Ohio State), Robert Dam (Colorado-Boulder, Leeds)

5:00 pm -- 7:00 pm — Job Market Session: Our Profession, Our Future

The Role of Bankers in the U.S. Syndicated Loan Market, Christoph Herpfer (SFI-Lausanne)

A Model-Free Tail Index and Its Return Predictability, Jinji Hao (Washington University at St. Louis)

The Impact of Restricting Labor Mobility on Corporate Investment and Entrepreneurship, Jessica Jeffers (Wharton)

Attention Grabbers when Seeking Alpha, Tarik Umar (Chicago Booth)

Unsecured Creditor Control in Chapter 11, Katherine Waldock (NYU Stern)

Saturday, December 17

7:10 am -- 8:30 am — The Best-Laid Plans of Mice and Men

Session Chair: Konstantin Milbradt (Northwestern - Kellogg)

Proxy Advisory Firms: The Economics of Selling Information to Voters, Andrey Malenko (MIT), Nadya Malenko (Boston College)

Bank Resolution and the Structure of Global Banks, Patrick Bolton (Columbia), Martin Oehmke (Columbia)

5:00 pm -- 7:00 pm — Informed Insulation

Session Chair: Andrew Hertzberg (Columbia University)

Asset Insulators, Gabriel Chodorow-Reich (Harvard), Andra Ghent (Wisconsin-Madison), Valentin Haddad (UCLA)

The Dividend Disconnect, Samuel Hartzmark (Chicago Booth), David Solomon (USC Marshall)

Comparables Pricing, Justin Murfin (Yale SOM), Ryan Pratt (BYU)

Sunday, December 18 

7:00 am -- 9:00 am — Reducing Friction

Session Chair: Merih Sevillir (Indiana University)

Bankruptcy Law, Private Benefits, and Risk-Taking, David Schoenherr (Princeton)

Fiscal Stimulus and Consumer Debt, Yulia Demyanyk (Cleveland Fed), Elena Loutskina (Virginia Darden), Daniel Murphy (Virginia Darden)

Learning and Success in Entrepreneurship, Sabrina T. Howell (NYU Stern)