Young Scholars Finance Consortium Program
Thursday, April 25
Shuttle Service from George Bush Intercontinental Airport to The George Hotel (Provided by Ground Shuttle)
3:00 pm
Hotel Check-in begins at The George Hotel
6:00 pm – 9:00 pm
Consortium Welcome Reception at Cavalry Court – The Stables I & Veranda
After Reception Social Canteen Bar & Grill at Cavalry Court (Cash Bar)
Friday, April 26
7:40 am – 8:40 am
Consortium Check-in (The Statesman II, The George Hotel)
7:40 am – 8:40 am
Breakfast (The Statesman II, The George Hotel)
8:40 am – 8:50 am
Opening Remarks – Welcome by Wei Wu and Michael Withers (The Statesman I, The George Hotel)
8:50 am – 10:10 am
SESSION I: RISK PREMIA (The Statesman I, The George Hotel)
- Presented by Max Miller (Harvard University)
- Discussed by Robert Dittmar (Rice University)
Asset Pricing with the Awareness of New Priced Risks
- Presented by Petra Sinagl (University of Iowa)
- Discussed by Stavros Panageas (University of California, Los Angeles)
10:10 am – 10:30 am
Refreshment Break (The Statesman I, The George Hotel)
10:30 am – 12:30 pm
SESSION II: DRIVERS OF ASSET PRICES (The Statesman I, The George Hotel)
The Return of Return Dominance: Decomposing the Cross-Section of Prices
- Presented by Ricardo De la O (University of Southern California)
- Discussed by Harold Zhang (University of Texas at Dallas)
The Present Value of Future Market Power
- Presented by Lukas Kremens (University of Washington)
- Discussed by Winston Dou (University of Pennsylvania)
Passive Demand and Active Supply: Evidence from Maturity- mandated Corporate Bond Funds
- Presented by Tiange Ye (University of Southern California)
- Discussed by Alan Moreira (University of Rochester)
12:30 pm – 2:30 pm
Lunch (The Statesman II, The George Hotel)
Introduction of the Keynote Speaker by Jerry Strawser
Keynote Address by John Y. Campbell – Morton L. and Carole S. Olshan Professor of Economics, Harvard University
What Drives Booms and Busts in Value?
2:30 pm – 2:35 pm
Announcement of the Best PhD Student Paper Award by James Brown (The Statesman I, The George Hotel)
2:35 pm – 4:35 pm
SESSION III: MONETARY AND FISCAL POLICY (The Statesman I, The George Hotel)
Monetary Policy and Wealth Effects: The Role of Risk and Heterogeneity
- Presented by Dejanir Silva (Purdue University)
- Discussed by Hengjie Ai (University of Wisconsin-Madison)
Global Footprint of US Fiscal Policy
- Presented by Sun Yong Kim (Northwestern University)
- Discussed by Ivan Shaliastovich (University of Wisconsin-Madison)
Monetary Policy, Debt Structure, and Credit Reallocation
- Presented by Yuchen Chen (University of Illinois Urbana-Champaign)
- Discussed by Alex Hsu (Georgia Institute of Technology)
6:30 pm – 9:00 pm
Dinner (The Statesman II, The George Hotel)
After Dinner Social at the Canteen Bar & Grill at Cavalry Court (Cash Bar)
Saturday, April 27
7:15 am and 7:45 am
Shuttle Bus Departs from The George Hotel
7:30 am – 8:15 am
Breakfast (Cocanougher Center, Wehner Building)
8:15 am – 10:15 am
SESSION IV: CAPITAL MARKETS (Wehner 190)
Capital Flows and the Making of Risky Currencies
- Presented by Zhiyu Fu (University of Chicago)
- Discussed by Steven Riddiough (University of Toronto)
Collateral Demand and Liquidity Demand in Wholesale Funding Markets
- Presented by Jamie Coen (Imperial College London)
- Discussed by Kumar Venkataraman (Southern Methodist University)
How Should Climate Change Uncertainty Impact Social Valuation and Policy?
- Presented by Michael Barnett (Arizona State University)
- Discussed by Hagen Kim (Texas A&M University)
10:15 am – 10:30 am
Refreshment Break (Cocanougher Center)
10:30 am – 12:30 pm
SESSION V: FINANCIAL INSTITUTIONS (Wehner 190)
Long Rates, Life Insurers, and Credit Spreads
- Presented by Ziang Li (Princeton University)
- Discussed by Lukas Schmid (University of Southern California)
Information Acquisition By Mutual Fund Investors: Evidence From Stock Trading Suspensions
- Presented by David Xu (Southern Methodist University)
- Discussed by Yong Chen (Texas A&M University)
Hedge Funds and Prime Broker Risk
- Presented by Valeri Sokolovski (University of Alberta)
- Discussed by Mila Getmansky Sherman (University of Massachusetts Amherst)
Conference ends. Lunch boxes are available for pick up or eating in Cocanougher Center, Wehner Building.
1:00 pm
Shuttle bus will depart from Mays Business School to George Bush Intercontinental Airport
