Summary of All Sessions |
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| Date/Time | Location | Title | Papers |
|---|---|---|---|
| January 5, 2018 7:30-18:00 | Loews Philadelphia Hotel, 2nd Floor Lobby | 2018 AFA Ph.D. Student Poster Session | 78 |
AFA Ph.D. Poster Session at 2018 Annual Meeting |
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Detailed List of Sessions |
| Session: 2018 AFA Ph.D. Student Poster Session January 5, 2018 7:30 to 18:00 Loews Philadelphia Hotel, 2nd Floor Lobby |
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| Session Chairs: |
| 1. Peter DeMarzo, Stanford University |
| 2. David Hirshleifer, University of California, Irvine |
| 1. An Anatomy of Arbitrageurs: Evidence from Open-End Structured Funds |
| By Jie Li; INSEAD |
| presented by: Jie Li, INSEAD |
| 2. An Equilibrium Model of Asymmetric Dependence |
| By Junya Jiang; University of North Carolina at Charlotte |
| presented by: Junya Jiang, University of North Carolina at Charlotte |
| 3. Are Mortgage Regulations Affecting Entrepreneurship? |
| By Stephanie Johnson; Northwestern University |
| presented by: Stephanie Johnson, Northwestern University |
| 4. As Uncertain as Taxes |
| By Peter Brok; Tilburg University |
| presented by: Peter Brok, Tilburg University |
| 5. Banking Competition Revisited: Shadow Banks vs. Commercial Banks |
| By Chong Shu; University of Southern California |
| presented by: Chong Shu, University of Southern California |
| 6. Bank's Macro-financing and Liquidity Creation Under Flexible Prices |
| By Xuan Wang; University of Oxford |
| presented by: Xuan Wang, University of Oxford |
| 7. Best Friend or Worst Enemy? --Dynamics and Multiple Equilibria with Arbitrage, Production and Collateral Constraints |
| By Ally Quan Zhang; Swiss Finance Institute and University of Zurich |
| presented by: Ally Quan Zhang, Swiss Finance Institute and University of Zurich |
| 8. Capital Intensity and Investment Shocks: Implications for Stock Returns |
| By Jiri Knesl; University of British Columbia |
| presented by: Jiri Knesl, University of British Columbia |
| 9. Cash and Connections: The Importance of CFO Networks |
| By Yaoyi Xi; University of Kansas |
| presented by: Yaoyi Xi, University of Kansas |
| 10. CEO Buying: Strategic News Tone Dispersion Around Purchasing Months |
| By Dewan Mostafizur Rahman; University of Queensland |
| presented by: Dewan Mostafizur Rahman, University of Queensland |
| 11. Cheap Products or Cheap Talk? Disclosed Markups and Ex-Post Performance of Structured Products |
| By Petra Vokatá; Aalto University |
| presented by: Petra Vokatá, Aalto University |
| 12. Cheaper Is Not Better: On the Superior Performance of High-Fee Mutual Funds |
| By Jinfei Sheng; University of British Columbia Mikhail Simutin; University of Toronto Terry Zhang; University of British Columbia |
| presented by: Terry Zhang, University of British Columbia |
| 13. Co-Maxing Out and Security Price |
| By Xin Liu; University of Hong Kong |
| presented by: Xin Liu, University of Hong Kong |
| 14. Competition and Adverse Selection in an Online Lending Market |
| By Don Carmichael; University of Houston |
| presented by: Don Carmichael, University of Houston |
| 15. Corporate Bond Dealers' Inventory Risk and FOMC |
| By Wojciech Zurowski; Duke University, Swiss Finance Institute and University of Lugano Alessio Ruzza; University of Lugano, Swiss Finance Institute |
| presented by: Wojciech Zurowski, Duke University, Swiss Finance Institute and University of Lugano |
| 16. Corporate Inversions and Cost of Equity: A Tale of Two Strategies |
| By Tianpeng Zhou; Michigan State University |
| presented by: Tianpeng Zhou, Michigan State University |
| 17. Credit Spreads, Daily Business Cycle, and Corporate Bond Returns Predictability |
| By Alexey Ivashchenko; University of Lausanne |
| presented by: Alexey Ivashchenko, University of Lausanne |
| 18. December Doldrums, Investor Distraction, and Stock Market Reaction to Unscheduled News Events |
| By Nikhil Paradkar; Georgia Institute of Technology |
| presented by: Nikhil Paradkar, Georgia Institute of Technology |
| 19. Demand Shocks, Financial Integration, and Local Economic Conditions |
| By Minh Phan; Columbia University |
| presented by: Minh Phan, Columbia University |
| 20. Do Capital Controls Reduce the Firms' Exposure to the Exchange Rate? What are the Consequences on Employment? |
| By Lorena Keller; Northwestern University |
| presented by: Lorena Keller, Northwestern University |
| 21. Do Idiosyncratic Shocks to Large Firms Contain Systematic Information? |
| By Sima Jannati; University of Miami |
| presented by: Sima Jannati, University of Miami |
| 22. Do Peer Firms Affect Corporate Cash Saving Decisions? |
| By Yuan Zhuang; Singapore Managment University |
| presented by: Yuan Zhuang, Singapore Managment University |
| 23. Do Social Connections Mitigate Information Asymmetry and Improve Performance? Evidence from Angels Market |
| By Buvaneshwaran Venugopal; University of Houston |
| presented by: Buvaneshwaran Venugopal, University of Houston |
| 24. Do We Want These Two to Tango? On Zombie Firms and Stressed Banks in Europe |
| By Manuela Storz; Frankfurt School of Finance and Management Michael Koetter; Halle Institute for Economic Research Ralph Setzer; European Central Bank Andreas Westphal; European Central Bank |
| presented by: Manuela Storz, Frankfurt School of Finance and Management |
| 25. Does Political Corruption Impede Firm Innovation? Evidence from the United States |
| By Qianqian Huang; City University of Hong Kong Tao Yuan; City University of Hong Kong |
| presented by: Tao Yuan, City University of Hong Kong |
| 26. Does the Uniformity of the Conforming Loan Limit Lead to Distorted Bank Lending? |
| By Teng Zhang; Georgia Institute of Technology |
| presented by: Teng Zhang, Georgia Institute of Technology |
| 27. Effect of Financial Globalization on Bank Risk: Role of Rollover Risk |
| By Dan Su; University of Minnesota Xiang Li; Peking University |
| presented by: Dan Su, University of Minnesota |
| 28. Endogenous Rare Disaster Risk: Solution for Counter-Cyclical Excess Return and Volatility? |
| By Ville Savolainen; Hanken School of Economics |
| presented by: Ville Savolainen, Hanken School of Economics |
| 29. Environmental Social (ES) Engagement and Stock Returns: A Dynamic Perspective |
| By Mark Shackleton; Lancaster University Jiali YAN; Lancaster University Yaqiong Yao; Lancaster University Management School |
| presented by: Jiali YAN, Lancaster University |
| 30. From Playground to Boardroom, CEO's Family Background and Managerial Style |
| By Fangfang Du; Arizona State University |
| presented by: Fangfang Du, Arizona State University |
| 31. Fundamental Risk and Capital Structure |
| By Jakub Hajda; University of Lausanne |
| presented by: Jakub Hajda, University of Lausanne |
| 32. Health Care Costs, Worker Mobility and Firm Leverage: Evidence from State Health Mandates |
| By S.Lakshmi Naaraayanan; Hong Kong University of Science and Technology Manpreet Singh; Georgia Institute of Technology |
| presented by: S.Lakshmi Naaraayanan, Hong Kong University of Science and Technology |
| 33. Hedge Fund Activism and CEO Compensation |
| By Jana Fidrmuc; University of Warwick Swati Kanoria; University of Warwick |
| presented by: Swati Kanoria, University of Warwick |
| 34. Hispanic Culture, Local Return Chasing, and Momentum Returns |
| By Carina Cuculiza; University of Miami |
| presented by: Carina Cuculiza, University of Miami |
| 35. How Does Investor Protection Affect Innovation? Historical Evidence from Blue Sky Laws |
| By Huseyin Akkoyun; Northwestern University |
| presented by: Huseyin Akkoyun, Northwestern University |
| 36. Illuminating the Dark Side of Financial Innovation: The Role of Investor Information |
| By Manuel Ammann; University of St.Gallen Marc Arnold; University of St.Gallen Simon Straumann; University of St.Gallen |
| presented by: Simon Straumann, University of St.Gallen |
| 37. Information Spillovers and Cross Monitoring between the Stock Market and Loan Market:Evidence from Reg SHO |
| By Matthew Billett; Indiana University Fangzhou Liu; Indiana University Xuan Tian; Tsinghua University |
| presented by: Fangzhou Liu, Indiana University |
| 38. Innovative CEO-Directors |
| By Ning Gao; University of Manchester, UK Ian Garrett; University of Manchester, UK Yan Xu; University of Manchester, UK |
| presented by: Yan Xu, University of Manchester, UK |
| 39. Institutional Investors and Loan Dynamics: Evidence from Loan Renegotiations |
| By Ca Nguyen; University of Texas at San Antonio |
| presented by: Ca Nguyen, University of Texas at San Antonio |
| 40. Internal Rating Based Model, Bank Regulatory Arbitrage and Eurozone Crisis |
| By Cai Liu; University of Reading |
| presented by: Cai Liu, University of Reading |
| 41. International Spillovers of Monetary Policy to Asset Prices |
| By Hsuan Fu; Imperial College London |
| presented by: Hsuan Fu, Imperial College London |
| 42. It’s Always Sunny in Finland: Investment and Extrapolation from Cash Flow Growth |
| By Mikael Paaso; Aalto University |
| presented by: Mikael Paaso, Aalto University |
| 43. Liquidity Constraints and Customer Capital: Evidence from International Trade |
| By Paul Beaumont; Paris Dauphine University |
| presented by: Paul Beaumont, Paris Dauphine University |
| 44. Long-Term Passive Investors and Long CEO Compensation Duration: Evidence from Russell Index Threshold |
| By In Ji Jang; Texas A&M University |
| presented by: In Ji Jang, Texas A&M University |
| 45. Mean-Swap Variance_Portfolio Theory and Prospect Asset Pricing |
| By Victor Chow; West Virginia University Zhan Wang; West Virginia University |
| presented by: Zhan Wang, West Virginia University |
| 46. Media News and Cross Industry Information Diffusion |
| By Li GUO; Singapore Management University |
| presented by: Li GUO, Singapore Management University |
| 47. Mortgage Choices in Equilibrium |
| By Esben Christensen; London Business School |
| presented by: Esben Christensen, London Business School |
| 48. Multi-family Cofounders and Firm Value |
| By So-Yeon Lim; Nanyang Technological University |
| presented by: So-Yeon Lim, Nanyang Technological University |
| 49. Mutual Fund Flows, Delayed Arbitrage, and Common Factors in Stock Returns |
| By Jiacui Li; Stanford University |
| presented by: Jiacui Li, Stanford University |
| 50. On Bank Business Models, Credit Supply, and House Prices: The Real Effects of Funding Shocks in Banking |
| By Kristian Blickle; University of St. Gallen |
| presented by: Kristian Blickle, University of St. Gallen |
| 51. One Security, Two Prices: Evidence on Stock Market Bubbles from the Shanghai-Hong Kong Stock Connect Program |
| By Shantaram Hegde; University of Connecticut Jin Peng; University of Connecticut |
| presented by: Jin Peng, University of Connecticut |
| 52. Optimal Contracting in a Principal-Agent-Subagent Model |
| By Qing Liu; Boston University |
| presented by: Qing Liu, Boston University |
| 53. Option-Implied Correlations, Factor Models, and Market Risk |
| By Adrian Buss; INSEAD Lorenzo Schoenleber; Frankfurt School of Finance and Management Grigory Vilkov; Frankfurt School of Finance and Management |
| presented by: Lorenzo Schoenleber, Frankfurt School of Finance and Management |
| 54. Peer Pressure in Corporate Earnings Management |
| By Constantin Charles; University of Southern California Markus Schmid; University of St. Gallen Felix von Meyerinck; University of St. Gallen |
| presented by: Constantin Charles, University of Southern California |
| 55. Performance, Persistence, and Pay: A New Perspective on CTAs |
| By Ingomar Krohn; University of Warwick Alexander Mende; RPM Risk and Portfolio Management Michael Moore; University of Warwick Vikas Raman; University of Warwick |
| presented by: Ingomar Krohn, University of Warwick |
| 56. Portfolio Pumping in Mutual Fund Families |
| By Pingle Wang; University of Rochester |
| presented by: Pingle Wang, University of Rochester |
| 57. Price Response to Factor Index Additions and Deletions |
| By Georgi Kyosev; Erasmus University Rotterdam |
| presented by: Georgi Kyosev, Erasmus University Rotterdam |
| 58. Product Market Competition and the Profitability Premium |
| By Yao Deng; University of Minnesota |
| presented by: Yao Deng, University of Minnesota |
| 59. Public Pensions and State Government Debt Spreads |
| By Chuck Boyer; University of Chicago |
| presented by: Chuck Boyer, University of Chicago |
| 60. Quantitative Easing and Equity: Evidence from the ETF Program of the Bank of Japan |
| By Andrea Barbon; Swiss Finance Institute Virginia Gianinazzi; Università della Svizzera italiana |
| presented by: Andrea Barbon, Swiss Finance Institute |
| 61. Relationship Lending in Shadow Banking: Impacts of Financial Firms' Cross-Holding Relation in Money Market Funds |
| By Ai He; Emory University |
| presented by: Ai He, Emory University |
| 62. Sentimental Noise Trades and Stock Return Comovement |
| By Haohan Ren; The Chinese University of Hong Kong |
| presented by: Haohan Ren, The Chinese University of Hong Kong |
| 63. Sharing the Pain? Credit Supply and Real Effects of Bank Bail-ins |
| By Thorsten Beck; Cass Business School and CEPR Samuel Da-Rocha-Lopes; European Banking Authority and Nova SBE Andre Silva; Cass Business School |
| presented by: Andre Silva, Cass Business School |
| 64. Should Corporate Pension Funds Invest in Risky Assets? |
| By Wei Li; University of Iowa Tong Yao; University of Iowa Jie Ying; University of Iowa |
| presented by: Jie Ying, University of Iowa |
| 65. Strategic Patenting and Debt Financing |
| By Ailin Dong; Hong Kong University of Science and Technology |
| presented by: Ailin Dong, Hong Kong University of Science and Technology |
| 66. Structural Breaks in the Variance Process and the Pricing Kernel Puzzle |
| By Tobias Sichert; Goethe University Frankfurt |
| presented by: Tobias Sichert, Goethe University Frankfurt |
| 67. Textual Disclosure in SEC Filings and Litigation Risk |
| By Arup Ganguly; University of Pittsburgh |
| presented by: Arup Ganguly, University of Pittsburgh |
| 68. The Anatomy of Information Hierarchies: Evidence from Employee Reviews |
| By Jinfei Sheng; University of British Columbia |
| presented by: Jinfei Sheng, University of British Columbia |
| 69. The First Time in Private Equity: A Closer Look on Management Teams |
| By Florian Fuchs; University of St.Gallen |
| presented by: Florian Fuchs, University of St.Gallen |
| 70. The Impact of Financial Markets on Payout Policy: Evidence from Short Selling |
| By Bill Francis; Rensselaer Polytechnic Institute Gilna Samuel; Rensselaer Polytechnic Institute Qiang Wu; Rensselaer Polytechnic Institute |
| presented by: Gilna Samuel, Rensselaer Polytechnic Institute |
| 71. Complementarity of Passive and Active Investment on Stock Price Efficiency |
| By Youngmin Choi; Georgia Institute of Technology |
| presented by: Youngmin Choi, Georgia Institute of Technology |
| 72. The Shine of Star: The Effect of Star Analyst Title on Market Reaction to Financial Analysts' Stock Recommendations |
| By Runjing Lu; University of California, San Diego |
| presented by: Runjing Lu, University of California, San Diego |
| 73. The Term-Structure of Systematic Risk |
| By Nuno Clara; London Business School |
| presented by: Nuno Clara, London Business School |
| 74. Trade Induced Productivity Change and Asset Prices |
| By Ruchith Dissanayake; University of Alberta |
| presented by: Ruchith Dissanayake, University of Alberta |
| 75. Trading Complex Risks |
| By Felix Fattinger; University of Zurich |
| presented by: Felix Fattinger, University of Zurich |
| 76. What Causes Passive Hedge Funds to Become Activists? |
| By Marco Elia; Drexel University |
| presented by: Marco Elia, Drexel University |
| 77. When to Introduce Electronic Trading Platforms in Over-the-Counter Markets? |
| By Sebastian Vogel; Ecole Polytechnique Federale de Lausanne and Swiss Finance Institute |
| presented by: Sebastian Vogel, Ecole Polytechnique Federale de Lausanne and Swiss Finance Institute |
| 78. Why Can't CEOs Foresee a Crisis? |
| By Kaushalendra Kishore; University of Minnesota |
| presented by: Kaushalendra Kishore, University of Minnesota |
This program was last updated on 2018-01-03 16:06:28 EDT