Summary of All Sessions
Click here for an index of all participants

#	Date/Time	Type	Title/Location	Papers
1	July 4, 2024 9:30-11:30	contributed	Asset Pricing: Stocks     Location: Grade Hall	4
2	July 4, 2024 9:30-11:30	contributed	Central Banks and Monetary Policy     Location: F.2.5	4
3	July 4, 2024 9:30-11:30	contributed	Corporate Finance: Financial Intermediaries and the Real Economy     Location: E.3.0	4
4	July 4, 2024 9:30-11:30	contributed	Portfolio Choice: ESG and Data Science     Location: F.2.6	4
5	July 4, 2024 15:00-17:00	contributed	Asset Pricing: Machine Learning and Financial Econometrics     Location: E.3.0	4
6	July 4, 2024 15:00-17:00	contributed	Corporate Finance: ESG and Climate Change     Location: E.3.4	4
7	July 4, 2024 15:00-17:00	contributed	Financial Stability     Location: Grade Hall	4
8	July 4, 2024 15:00-17:00	contributed	Microstructure     Location: E.3.3	4
9	July 4, 2024 15:00-17:00	contributed	Options     Location: F.2.5	4
10	July 4, 2024 15:00-17:00	contributed	Portfolio Choice and Asset Management     Location: F.2.6	4
11	July 4, 2024 17:30-19:00	contributed	Banking: Lenders and Borrowers     Location: Grade Hall	3
12	July 4, 2024 17:30-19:00	contributed	Corporate Finance: Accounting and Auditing     Location: E.3.0	3
13	July 4, 2024 17:30-19:00	contributed	Fixed Income     Location: E.3.4	3
14	July 5, 2024 9:00-10:30	contributed	Asset Pricing: Climate     Location: E.3.4	3
15	July 5, 2024 9:00-10:30	contributed	Corporate Governance     Location: E.3.0	3
16	July 5, 2024 9:00-10:30	contributed	Financial Shocks     Location: Grade Hall	3
17	July 5, 2024 9:00-10:30	contributed	Mortgages     Location: F.2.5	2
18	July 5, 2024 11:00-12:30	contributed	Banking: Credit and Loans     Location: F.2.5	3
19	July 5, 2024 11:00-12:30	contributed	Corporate Finance: Institutional Ownership     Location: E.3.0	3
20	July 5, 2024 11:00-12:30	contributed	Derivatives     Location: Grade Hall	3
21	July 5, 2024 11:00-12:30	contributed	Portfolio Choice: Sustainability     Location: E.3.4	3
22	July 5, 2024 15:00-17:00	contributed	Asset Pricing: Sentiment and Ambiguity     Location: Grade Hall	4
23	July 5, 2024 15:00-17:00	contributed	Banking Climate     Location: F.2.6	4
24	July 5, 2024 15:00-17:00	contributed	Corporate Finance: Firms and Financial Markets     Location: E.3.0	4
25	July 5, 2024 15:00-17:00	contributed	Macro-Finance     Location: F.2.5	4
26	July 5, 2024 15:00-17:00	contributed	Portfolio Choice: Strategic Investment and Performance     Location: E.3.4	4

 

26 sessions, 92 papers, and 0 presentations with no associated papers

31st FINANCE FORUM
Detailed List of Sessions

Session 1: Asset Pricing: Stocks July 4, 2024 9:30 to 11:30 Location: Grade Hall
Session Chair: Rory Mullen, University of Warwick
Session type: contributed
The Profitability Uncertainty
By
presented by: Menatalla (Menna) El Hefnawy, CUNEF Universidad
Discussant:   Jan Sandoval, Tilburg University
Alpha Accounting
By
presented by: Jan Sandoval, Tilburg University
Discussant:   Alberto Martin-Utrera, Notre Dame and Iowa State University
The News-reading Channel of Cross-firm Information Transmission: Evidence from a Natural Experiment
By
presented by: Miguel De Jesus, CUNEF
Discussant:   Yehuda Izhakian, Baruch College, City University of New York
Investment Completion Risk and Stock Returns
By Ajay Venkataraman; University of Warwick Arie Gozluklu; Warwick Business School Rory Mullen; University of Warwick
presented by: Rory Mullen, University of Warwick
Discussant:   Sergio García, CUNEF Universidad
Session 2: Central Banks and Monetary Policy July 4, 2024 9:30 to 11:30 Location: F.2.5
Session Chair: Jose Gutierrez, Bank of Spain
Session type: contributed
Heterogeneous UIP Deviations Across Firms: Spillovers from U.S. Monetary Policy Shocks
By Maria Amado; Bank of Spain Miguel Acosta-Henao; Central Bank of Chile
presented by: Maria Amado, Bank of Spain
Discussant:   LAURA BASELGA-PASCUAL, UNIVERSITY OF DEUSTO
Beyond Bilateral Flows: Indirect Connections and Exchange Rates
By Saleem Bahaj; University College London Pasquale Della Corte; Imperial College London Daniele Massacci Eduard Seyde; Imperial College London
presented by: Pasquale Della Corte, Imperial College London
Discussant:   Angela Gallo, Cass Business School
Unloading NPLs, unlocking credit? Evidence from the ECB provisioning guidelines
By Yusuf Baskaya; University of Glasgow, Adam Smith Business School Jose Gutierrez; Bank of Spain Jose-Maria Serena; Bank of Spain Serafeim Tsoukas; University of Glasgow
presented by: Jose Gutierrez, Bank of Spain
Discussant:   Carlos Ramírez, Federal Reserve Board
The fintech lending channel of monetary policy
By Lavinia Franco; Bayes Business School (formerly Cass) - City, University of London
presented by: Lavinia Franco, Bayes Business School (formerly Cass) - City, University of London
Discussant:   Maria Rodriguez-Moreno, Banco de España
Session 3: Corporate Finance: Financial Intermediaries and the Real Economy July 4, 2024 9:30 to 11:30 Location: E.3.0
Session Chair: Anna Toldra, Universidad Carlos III
Session type: contributed
Tough love. A story of stigmatization in crowdfunding communities
By Gabriel Rodriguez-Garnica; Comillas Pontifical University – ICADE Josep Tribo; Universidad Carlos III de Madrid JORDI SURROCA; UNIVERSIDAD CARLOS III Itziar Castello; Bayes Business School, City University of London
presented by: Gabriel Rodriguez-Garnica, Comillas Pontifical University – ICADE
Discussant:   Eduard Yelagin, University of Memphis
The Dark Side of Collateral: House Prices, Entrepreneurship, and Misallocation
By Kizkitza Biguri; Oslo Business School (OsloMet) Andrea Caggese; Pompeu Fabra University Charlotte Østergaard; Copenhagen Business School Jose Luis Peydro; Imperial College London Amir sasson; BI Norwegian Business School
presented by: Kizkitza Biguri, Oslo Business School (OsloMet)
Discussant:   Javier Suarez, CEMFI
The value of organized networking: Evidence from the World Economic Forum
By
presented by: Jörg Stahl, Universidade Católica Portuguesa
Discussant:   Daniel Kim, Chung-Ang University
Monetary policy transmission and new business creation
By Aniruddha Rajan; Bank of England Francesc Rodriguez Tous; Bayes Business School (formerly Cass) Mauricio Salgado Moreno; Bank of England Anna Toldra; Universidad Carlos III
presented by: Anna Toldra, Universidad Carlos III
Discussant:   Lora Dimitrova, University of Exeter
Session 4: Portfolio Choice: ESG and Data Science July 4, 2024 9:30 to 11:30 Location: F.2.6
Session Chair: Rafael Zambrana, University of Notre Dame
Session type: contributed
ESG and Mutual Fund Competition
By Ariadna Dumitrescu; ESADE Business School Javier Gil-Bazo; Universitat Pompeu Fabra
presented by: Ariadna Dumitrescu, ESADE Business School
Discussant:   Fernando Zapatero, Boston University
ESG Sentiment: A revealed-Preference Approach
By Stefano Pegoraro; University of Notre Dame Emanuele Rizzo; University of Notre Dame Rafael Zambrana; University of Notre Dame
presented by: Rafael Zambrana, University of Notre Dame
Discussant:   Sofia Brito-Ramos, ESSEC Business School
Picking Hedge Funds with High Confidence
By Po-Hsuan Hsu; College of Technology Management, National Tsing Hua University Tren Ma; Nottingham University Business School, Ioannis Psaradellis; University of St Andrews Georgios Sermpinis; University of Glasgow
presented by: Ioannis Psaradellis, University of St Andrews
Discussant:   Hao Ding, University of Warwick
High-dimensional variable selection for portfolio optimization: Is machine learning helpful?
By Guilherme Moura; UFSC Hudson Torrent; UFRGS Andre Santos; CUNEF Universidad
presented by: Andre Santos, CUNEF Universidad
Discussant:   Robinson Reyes Pena, Florida International University
Session 5: Asset Pricing: Machine Learning and Financial Econometrics July 4, 2024 15:00 to 17:00 Location: E.3.0
Session Chair: Dante Amengual, CEMFI
Session type: contributed
What triggers Flights to Safety?
By Lieven Baele; Tilburg University Frank de Jong; Tilburg University Giovanni Trebbi; Tilburg University
presented by: Giovanni Trebbi, Tilburg University
Discussant:   Adrian Ifrim, European Commission
Asset pricing through the bottleneck: Return prediction with regularized autoencoders
By Ivan Blanco; CUNEF University Alvaro Remesal; CUNEF
presented by: Alvaro Remesal, CUNEF
Discussant:   Dante Amengual, CEMFI
Going Deep in Momentum
By Ivan Blanco; CUNEF Sergio García; CUNEF Universidad Alvaro Remesal; CUNEF
presented by: Sergio García, CUNEF Universidad
Discussant:   Julien Pinter, University of Alicante
The information matrix test for Gaussian mixtures
By Dante Amengual; CEMFI Gabriele Fiorentini; University of Florence Enrique Sentana; CEMFI
presented by: Dante Amengual, CEMFI
Discussant:   Antonio Rubia, University of Alicante
Session 6: Corporate Finance: ESG and Climate Change July 4, 2024 15:00 to 17:00 Location: E.3.4
Session Chair: Javier Suarez, CEMFI
Session type: contributed
The Effects of ESG Ratings on Firms’ Financial Decisions
By
presented by: Sahand Davani, ESADE Business School
Discussant:   German Lopez Espinosa, Universidad de Navarra
What drives corporate ESG? Disentangling the importance of investors, managers, and firms
By Vicente Bermejo; ESADE Business School A. Emanuele Rizzo; Nova School of Business and Economics Mohammed Zakriya; IESEG School of Management
presented by: Vicente Bermejo, ESADE Business School
Discussant:   María Victoria Ruiz-Mallorquí, Universidad de Las Palmas de Gran Canaria
Climate conscious investors, carbon disclosures, and efficiency
By Vedant Agarwal; CEMFI Javier Suarez; CEMFI
presented by: Javier Suarez, CEMFI
Discussant:   Jose M. Martin-Flores, CUNEF Universidad
The marriage of Fintech and ESG in investment banks. Did Covid matchmake them?
By
presented by: Vu Linh, ESADE Business School
Discussant:   Luciana Orozco, BI Norwegian Business School
Session 7: Financial Stability July 4, 2024 15:00 to 17:00 Location: Grade Hall
Session Chair: Maria T Gonzalez-Perez, Banco de España
Session type: contributed
Measuring and testing systemic risk from the cross section of stock returns
By Jesus Gil-Jaime; Universidad de Zaragoza Jose Olmo; University of Southampton
presented by: Jose Olmo, University of Southampton
Discussant:   Maria Amado, Bank of Spain
The Anatomy of Contagion and Macroprudential Policies
By Carlos Ramírez; Federal Reserve Board
presented by: Carlos Ramírez, Federal Reserve Board
Discussant:   Lukas Diebold, Uni Mannheim
DOES CREDIT RISK LEAD TO BANK SOVEREIGN DEBT EXPOSURE?
By LAURA BASELGA-PASCUAL; UNIVERSITY OF DEUSTO Lidia Loban; Deusto Business School Emma Riika MYLLYMAKI; Audencia Business School
presented by: LAURA BASELGA-PASCUAL, UNIVERSITY OF DEUSTO
Discussant:   Reint Gropp, Halle Institute for Economic Research (IWH)
Inflation Volatility and the Directional Volatility Ratio
By Alfredo Garcia-Hiernaux; Universidad Complutense de Madrid Maria T Gonzalez-Perez; Banco de España David Guerrero; Cunef Universidad
presented by: Maria T Gonzalez-Perez, Banco de España
Discussant:   Jesus Villota-Miranda, CEMFI
Session 8: Microstructure July 4, 2024 15:00 to 17:00 Location: E.3.3
Session Chair: Julio Crego, Tilburg University
Session type: contributed
Optimal Trading Hours in Europe: Insights from Extended Overlaps
By David Abad; University of Alicante Magdalena Massot Perello; Universitat Illes Balears Roberto Pascual; Universidad de las Islas Baleares Jose Yague; University of Murcia
presented by: Jose Yague, University of Murcia
Discussant:   Julio Crego, Tilburg University
Gamification of Stock Trading: Losers and Winners
By
presented by: Eduard Yelagin, University of Memphis
Discussant:   Jose Penalva Zuasti, Universidad Carlos III
Changes in World Liquidity in Equity Markets (2006-2023)
By Jose Penalva Zuasti; Universidad Carlos III Mikel Tapia
presented by: Mikel Tapia,
Discussant:   David Abad, University of Alicante
Eliciting the private signal distribution from option prices
By
presented by: Julio Crego, Tilburg University
Discussant:   Ariadna Dumitrescu, ESADE Business School
Session 9: Options July 4, 2024 15:00 to 17:00 Location: F.2.5
Session Chair: Pedro Garcia Ares, Instituto Tecnológico Autónomo de México
Session type: contributed
Option Market Manipulation
By Douglas Cumming; Florida Atlantic University Carlo Sala; ESADE Business School Shan Ji; Capital Markets CRC
presented by: Carlo Sala, ESADE Business School
Discussant:   Stephen Szaura, BI Norwegian School of Business
Options Market Makers
By Jianfeng Hu; Singapore Management University Antonia Kirilova; CUNEF Universidad Dmitriy Muravyev; Michigan State University
presented by: Antonia Kirilova, CUNEF Universidad
Discussant:   Pedro Garcia Ares, Instituto Tecnológico Autónomo de México
Equity Option Return Predictability and Expiration Days
By
presented by: Pedro Garcia Ares, Instituto Tecnológico Autónomo de México
Discussant:   Pasquale Della Corte, Imperial College London
Revisiting the mispricing of stock index options
By
presented by: Iñaki Longarela, Stockholm University
Discussant:   Manuel Moreno, University of Castilla-La Mancha
Session 10: Portfolio Choice and Asset Management July 4, 2024 15:00 to 17:00 Location: F.2.6
Session Chair: Fernando Zapatero, Boston University
Session type: contributed
Evaluating Hit and Runs: Resolution of Uncertainty and Investment Goals
By Edward Lawrence; Florida International University Robinson Reyes Pena; Florida International University John Zdanowicz; Florida International University
presented by: Robinson Reyes Pena, Florida International University
Discussant:   David Feldman, The University of New South Wales
Will ETFs Drive Mutual Funds Extinct?
By Anna Helmke; Vanderbilt University
presented by: Anna Helmke, Vanderbilt University
Discussant:   Javier Gil-Bazo, Universitat Pompeu Fabra
Rolling the Skewed Die: Economic Foundations of the Demand for Skewness and Experimental Evidence
By
presented by: Fernando Zapatero, Boston University
Discussant:   Francesco Stradi, KU Leuven
ENDOGENOUS DYNAMIC CONCENTRATION OF THE ACTIVE FUND MANAGEMENT INDUSTRY, HETEROGENEOUS MANAGER ABILITIES, AND STOCK MARKET VOLATILITY
By David Feldman; The University of New South Wales Jingrui Xu; Xiamen University
presented by: David Feldman, The University of New South Wales
Discussant:   Juan-Pedro Gomez, IE Business School
Session 11: Banking: Lenders and Borrowers July 4, 2024 17:30 to 19:00 Location: Grade Hall
Session Chair: Francisco González, University of Oviedo
Session type: contributed
Repeated Interaction in Distant Lending Relationships
By
presented by: Malte Heissel,
Discussant:   Francesc Rodriguez Tous, Bayes Business School (formerly Cass)
Relationship lending when borrowers are in distress
By
presented by: Marco Giometti, Universidad Carlos III de Madrid
Discussant:   Min Park, University of Bristol Business School
Shadow seniority? lending relationships and borrowers’ selective default
By Francisco González; University of Oviedo José E. Gutierrez; Banco de España José María Serena; Banco de España
presented by: Francisco González, University of Oviedo
Discussant:   Oskar Kowalewski, IESEG School of Management
Session 12: Corporate Finance: Accounting and Auditing July 4, 2024 17:30 to 19:00 Location: E.3.0
Session Chair: María Victoria Ruiz-Mallorquí, Universidad de Las Palmas de Gran Canaria
Session type: contributed
Auditors and client investment efficiency: A Norwegian case study
By Christopher Bleibtreu; BI Norwegian Business School Mert Erinc; BI Norwegian Business School Luciana Orozco; BI Norwegian Business School Zhenyang Shi; BI Norwegian Business School
presented by: Luciana Orozco, BI Norwegian Business School
Discussant:   Sahand Davani, ESADE Business School
Debt Misreporting
By Miguel Duro; IESE Business School German Lopez Espinosa; Universidad de Navarra Sergio Mayordomo; Banco de España Gaizka Ormazabal; IESE Business School Maria Rodriguez-Moreno; Banco de España
presented by: German Lopez Espinosa, Universidad de Navarra
Discussant:   Vicente Bermejo, ESADE Business School
AUDIT QUALITY AND COST OF DEBT. Are the big4 a homogeneous group?
By Inmaculada Aguiar-Díaz; Universidad de Las Palmas de Gran Canaria Nieves Díaz Díaz; Universidad de las Palmas de Gran Canaria María Victoria Ruiz-Mallorquí; Universidad de Las Palmas de Gran Canaria
presented by: María Victoria Ruiz-Mallorquí, Universidad de Las Palmas de Gran Canaria
Discussant:   Vu Linh, ESADE Business School
Session 13: Fixed Income July 4, 2024 17:30 to 19:00 Location: E.3.4
Session Chair: Jose Faias, Universidade Catolica Portuguesa
Session type: contributed
Ambiguity and Corporate Yield Spreads
By Yehuda Izhakian; Baruch College, City University of New York Ryan Lewis; University of Colorado Boulder Jaime Zender; University of Colorado Boulder
presented by: Jaime Zender, University of Colorado Boulder
Discussant:   Jose Faias, Universidade Catolica Portuguesa
The Term Structure of Corporate Bond Risk Premia
By Tomas Jankauskas; Federal Reserve Bank of New York
presented by: Tomas Jankauskas, Federal Reserve Bank of New York
Discussant:   Jaime Zender, University of Colorado Boulder
Seeking the Winner’s Curse: The Puzzle of Overpriced Treasury Auctions
By José Cardoso-Costa; Bank of Portugal Jose Faias; Universidade Catolica Portuguesa Patrick Herb; W.A. Franke College of Business, Northern Arizona University Mark Wu; Roger Williams University
presented by: Jose Faias, Universidade Catolica Portuguesa
Discussant:   Tomas Jankauskas, Federal Reserve Bank of New York
Session 14: Asset Pricing: Climate July 5, 2024 9:00 to 10:30 Location: E.3.4
Session Chair: Isabel Figuerola Ferretti, ICADE
Session type: contributed
Blame it on the weather: Market implied weather volatility and firm performance
By Joon Woo Bae; Case Western Reserve University Yoontae Jeon; Ryerson University Stephen Szaura; BI Norwegian School of Business Virgilio Zurita; Baylor University
presented by: Stephen Szaura, BI Norwegian School of Business
Discussant:   Alvaro Remesal, CUNEF
Behavioral biases unveiled: analyzing stock exposure in sustainable and non-sustainable firms
By Guillermo Badía; University of Deusto Estíbaliz Goicoechea; Deusto Business School José Vicente Ugarte; University of Deusto
presented by: Guillermo Badía, University of Deusto
Discussant:   Rory Mullen, University of Warwick
Water as a commodity in hydropower generation
[slides]
By Isabel Figuerola Ferretti; ICADE Eduardo Schwartz; Simon Fraser University Ignacio Segarra; ICADE
presented by: Isabel Figuerola Ferretti, ICADE
Discussant:   Iñaki Longarela, Stockholm University
Session 15: Corporate Governance July 5, 2024 9:00 to 10:30 Location: E.3.0
Session Chair: Carlo Chiarella, CUNEF Universidad
Session type: contributed
Does Vote Trading Improve Voting Outcome?
By Nirmol Chandra Das; University of Memphis Sailendra Mishra; University of Texas at Dallas Konstantin Sokolov; University of Memphis
presented by: Konstantin Sokolov, University of Memphis
Discussant:   Gabriel Rodriguez-Garnica, Comillas Pontifical University – ICADE
Employment protection and debt: differences across European countries
By Carlo Chiarella; CUNEF Universidad Pablo García Estévez; CUNEF Francisco González; University of Oviedo
presented by: Carlo Chiarella, CUNEF Universidad
Discussant:   Dennis Christoph Hutschenreiter, Halle Institute for Economic Research (IWH)
Boards of directors and supplier financing: an international empirical analysis
By SONIA BAÑOS-CABALLERO; UNIVERSIDAD DE MURCIA PEDRO GARCIA-TERUEL; UNIVERSITY OF MURCIA Cristina Martínez-Sola; Universidad de Alicante Pedro Martínez-Solano; University of Murcia
presented by: Cristina Martínez-Sola, Universidad de Alicante
Discussant:   Joseph Emmens, Universidad Autónoma de Barcelona
Session 16: Financial Shocks July 5, 2024 9:00 to 10:30 Location: Grade Hall
Session Chair: David Martínez-Miera,
Session type: contributed
Naïve Consumers and Financial Mistakes
By Florian Exler; University of Vienna Alexander Hansak; University of Vienna
presented by: Florian Exler, University of Vienna
Discussant:   Enric Martorell, Banco de España
Rational Expectations Fools' Bubbles
By Luis Araujo; Michigan State University Antonio Doblas-Madrid; Michigan State University
presented by: Antonio Doblas-Madrid, Michigan State University
Discussant:   Florian Exler, University of Vienna
Bank Runs, Bank Competition and Opacity
By
presented by: David Martinez-Miera, Universidad Carlos III
Discussant:   Antonio Doblas-Madrid, Michigan State University
Session 17: Mortgages July 5, 2024 9:00 to 10:30 Location: F.2.5
Session Chair: Francisco Penaranda, Queens College CUNY
Session type: contributed
Estimation of Treatment Effects with Severely Missing Data: the Short and Long-Term Effects of Flooding on Housing Values
By Francesc Ortega; Queens College CUNY Francisco Penaranda; Queens College CUNY
presented by: Francisco Penaranda, Queens College CUNY
Discussant:   Maria T Gonzalez-Perez, Banco de España
"What a fix we're in": Monetary policy shocks and mortgage fixation lengths
By Aniruddha Rajan; Bank of England Francesc Rodriguez Tous; Bayes Business School (formerly Cass) Mauricio Salgado Moreno; Bank of England
presented by: Francesc Rodriguez Tous, Bayes Business School (formerly Cass)
Discussant:   Malte Heissel,
Session 18: Banking: Credit and Loans July 5, 2024 11:00 to 12:30 Location: F.2.5
Session Chair: Sergio Mayordomo, Banco de España
Session type: contributed
When Credit Turns Political: Evidence From the Spanish Financial Crisis
By
presented by: Pia Huettl, DIW Berlin
Discussant:   Lavinia Franco, Bayes Business School (formerly Cass) - City, University of London
Loan evergreening through banks' lenses: Evidence from credit product-level data
By Cecilia Dassatti; Central Bank of Uruguay Rodrigo Lluberas; Universidad ORT Uruguay Francesc Rodriguez Tous; Bayes Business School (formerly Cass)
presented by: Francesc Rodriguez Tous, Bayes Business School (formerly Cass)
Discussant:   Jose Gutierrez, Bank of Spain
Access to credit and firm survival during a crisis: the case of zero-bank-debt firms
By Roberto Blanco; Banco de España Miguel García-Posada; Bank of Spain Sergio Mayordomo; Banco de España Maria Rodriguez-Moreno; Banco de España
presented by: Maria Rodriguez-Moreno, Banco de España
Discussant:   José Manuel Mansilla-Fernández, Public University of Navarre and INARBE
Session 19: Corporate Finance: Institutional Ownership July 5, 2024 11:00 to 12:30 Location: E.3.0
Session Chair: Roni Michaely, University of Hong Kong
Session type: contributed
From Rivals to Allies? CEO Connections in an Era of Common Ownership
By Dennis Christoph Hutschenreiter; Halle Institute for Economic Research (IWH) Qianshuo Liu; Esade Business School, Ramon Llull University
presented by: Dennis Christoph Hutschenreiter, Halle Institute for Economic Research (IWH)
Discussant:   Carlo Chiarella, CUNEF Universidad
Common Ownership and Automation
By Joseph Emmens; Universidad Autónoma de Barcelona Dennis Christoph Hutschenreiter; Halle Institute for Economic Research (IWH) Felix Noth; IWH Tommaso Santini; Halle Institute of Economic Research
presented by: Joseph Emmens, Universidad Autónoma de Barcelona
Discussant:   Konstantin Sokolov, University of Memphis
Voting rationales
By Roni Michaely; University of Hong Kong Silvina Rubio; University of Bristol Irene Yi; Rotman School of Management, University of Toronto
presented by: Roni Michaely, University of Hong Kong
Discussant:   Marc Goergen, IE Business School
Session 20: Derivatives July 5, 2024 11:00 to 12:30 Location: Grade Hall
Session Chair: Pasquale Della Corte, Imperial College London
Session type: contributed
Weather Variance Risk Premia
By Joon Woo Bae; Case Western Reserve University Yoontae Jeon; Ryerson University Stephen Szaura; BI Norwegian School of Business Virgilio Zurita; Baylor University
presented by: Stephen Szaura, BI Norwegian School of Business
Discussant:   Isabel Figuerola Ferretti, ICADE
Survey Expectations Meet Option Prices: New Insights from the FX Market
By Pasquale Della Corte; Imperial College London Can Gao; Imperial College, London Alexandre Jeanneret; UNSW
presented by: Pasquale Della Corte, Imperial College London
Discussant:   Antonia Kirilova, CUNEF Universidad
Fixed-income Asian and Australian options: a pricing approach based on extended square-root mean-reverting models
By Belén León Manuel Moreno; University of Castilla-La Mancha
presented by: Belén León,
Discussant:   Carlo Sala, ESADE business school, Ramon Llull University
Session 21: Portfolio Choice: Sustainability July 5, 2024 11:00 to 12:30 Location: E.3.4
Session Chair: Francesco Stradi, KU Leuven
Session type: contributed
Resilience of mutual funds to climate transition shocks
By Manuel Moreno; University of Castilla-La Mancha Diana Mykhalyuk; CNMV Javier Ojea-Ferreiro; Bank of Canada
presented by: Diana Mykhalyuk, CNMV
Discussant:   Ioannis Psaradellis, University of St Andrews
Sustainable Investments: One for the Money, Two for the Show
By Hans Degryse; KU Leuven Alberta Di Giuli; ESCP Business School Naciye Sekerci Francesco Stradi; KU Leuven
presented by: Francesco Stradi, KU Leuven
Discussant:   Rafael Zambrana, University of Notre Dame
In labels we trust? The influence of sustainability labels in mutual fund flows
By Sofia Brito-Ramos; ESSEC Business School
presented by: Sofia Brito-Ramos, ESSEC Business School
Discussant:   Juan Angel Lafuente Luengo, University Jaume I
Session 22: Asset Pricing: Sentiment and Ambiguity July 5, 2024 15:00 to 17:00 Location: Grade Hall
Session Chair: Alberto Martin-Utrera, Notre Dame and Iowa State University
Session type: contributed
Sentimental Discount Rate Shocks
By Adrian Ifrim; European Commission
presented by: Adrian Ifrim, European Commission
Discussant:   Menatalla (Menna) El Hefnawy, CUNEF Universidad
Market disappointment with central bank announcements
By Matthieu Picault; Université d’Orléans, LEO, FRE2014 Julien Pinter; University of Alicante
presented by: Julien Pinter, University of Alicante
Discussant:   Jörg Stahl, Universidade Católica Portuguesa
Do limits to Arbitrage Explain Portfolio Gains from Asset Mispricing?
By Nathan Lassance; UCLouvain Alberto Martin-Utrera; Notre Dame and Iowa State University
presented by: Alberto Martin-Utrera, Notre Dame and Iowa State University
Discussant:   Giovanni Trebbi, Tilburg University
Do I Really Want to Hear The News? Public Information Arrival, Ambiguity, and Investor Beliefs
By Azi Ben-Rephael; Rutgers University J. Anthony Cookson; University of Colorado Boulder Yehuda Izhakian; Baruch College, City University of New York
presented by: Yehuda Izhakian, Baruch College, City University of New York
Discussant:   Miguel De Jesus, CUNEF
Session 23: Banking Climate July 5, 2024 15:00 to 17:00 Location: F.2.6
Session Chair: Angela Gallo, Cass Business School
Session type: contributed
As dry as a bone: how do banks cope with droughts?
By
presented by: Oskar Kowalewski, IESEG School of Management
Discussant:   Marco Giometti, Universidad Carlos III de Madrid
Monetary Policy, Bank Leverage and Systemic Risk-Taking
By Kosuke Aoki; University of Tokyo Enric Martorell; Banco de España Kalin Nikolov; European Central Bank
presented by: Enric Martorell, Banco de España
Discussant:   Francesc Rodriguez Tous, Bayes Business School (formerly Cass)
Physical Risk and Financial Stability. International Evidence
By Isabel Abinzano; Public University of Navarre and INARBE Pilar Corredor; Public University of Navarre and INARBE José Manuel Mansilla-Fernández; Public University of Navarre and INARBE
presented by: José Manuel Mansilla-Fernández, Public University of Navarre and INARBE
Discussant:   Pia Huettl, DIW Berlin
Financing Green Transition: Bank-Nonbank Partnership
By
presented by: Min Park, University of Bristol Business School
Discussant:   Francisco González, University of Oviedo
Session 24: Corporate Finance: Firms and Financial Markets July 5, 2024 15:00 to 17:00 Location: E.3.0
Session Chair: Lora Dimitrova, University of Exeter
Session type: contributed
On abnormal returns in events linked to international seasoned equity offerings
By Manuel Verdú Henares; University of Valencia Óscar Carchano Alcina; University of Valencia Federico Platania; Pôle Universitaire Léonard de Vinci
presented by: Manuel Verdú Henares, University of Valencia
Discussant:   Marina Balboa Ramón, Universidad de Alicante
Insider Trading in Connected Firms During Trading Bans
By Marc Goergen; IE Business School Luc Renneboog; Tilburg University Yang Zhao; University of Liverpool
presented by: Marc Goergen, IE Business School
Discussant:   Cristina Martínez-Sola, Universidad de Alicante
The Roles of Transitory Stock Market Shocks in Equity Financing: Evidence from IPOs
By Jaewon Choi; University of Illinois Urbana-Champaign Daniel Kim; Chung-Ang University Sungbin Sohn; Sogang University
presented by: Daniel Kim, Chung-Ang University
Discussant:   Manuel Verdú Henares, University of Valencia
Executive Visibility in SPACs: A Worthwhile Investment or a Futile Pursuit?
By Lora Dimitrova; University of Exeter Margaret Fong; HEC Montreal
presented by: Lora Dimitrova, University of Exeter
Discussant:   Kizkitza Biguri, Oslo Business School (OsloMet)
Session 25: Macro-Finance July 5, 2024 15:00 to 17:00 Location: F.2.5
Session Chair: Lukas Diebold, Uni Mannheim
Session type: contributed
Production-Based Exchange Rates
By
presented by: Ivan Alfaro, BI Norwegian Business School
Discussant:   Francisco Penaranda, Queens College CUNY
Purchase Obligations and Hedging
By Alvaro Boitier; Babson College Brian Pustilnik; Central Bank Of Chile
presented by: Alvaro Boitier, Babson College
Discussant:   Pasquale Della Corte, Imperial College London
Golden Fetters or Credit Boom Gone Bust? A Reassessment of Capital Flows in the Interwar Period
By
presented by: Lukas Diebold, Uni Mannheim
Discussant:   Ivan Alfaro, BI Norwegian Business School
Capital Allocation and Labor Market Outcomes: Evidence from Public Bank Guarantees
[slides]
By Reint Gropp; Halle Institute for Economic Research (IWH) Ahmet Taskin; IAB Hua Zhou; Halle Institute for Economic Research
presented by: Reint Gropp, Halle Institute for Economic Research (IWH)
Discussant:   Jose Olmo, University of Southampton
Session 26: Portfolio Choice: Strategic Investment and Performance July 5, 2024 15:00 to 17:00 Location: E.3.4
Session Chair: Javier Gil-Bazo, Universitat Pompeu Fabra
Session type: contributed
The Exposure of Treasury Bond Returns to Stock Market Returns: The Cases of the U.S. and Spain
By Juan Lafuente; University Jaume I Belen Nieto; ES-Q0332001G Gonzalo Rubio; Universidad CEU Cardenal Herrera
presented by: Juan Angel Lafuente Luengo, University Jaume I
Discussant:   Guillermo Badía, University of Deusto
MiFID II Research Unbundling: Cross-border Impact on Asset Managers
By Richard Evans; University of Virginia Juan-Pedro Gomez; IE Business School Rafael Zambrana; University of Notre Dame
presented by: Juan-Pedro Gomez, IE Business School
Discussant:   Diana Mykhalyuk, CNMV
Geographic Shareholder Dispersion and Mutual Fund Flow Risk
By Javier Gil-Bazo; Universitat Pompeu Fabra Alexander Kempf; University of Cologne Raffaele Santioni; Bank of Italy
presented by: Javier Gil-Bazo, Universitat Pompeu Fabra
Discussant:   Andre Santos, CUNEF Universidad
Mutual Fund Strategy Changes and Performance
[slides]
By
presented by: Hao Ding, University of Warwick
Discussant:   Anna Helmke, Vanderbilt University

 

This program was last updated on 2024-07-01 14:42:13 EDT