Preliminary Program AFA 2014 PHILADELPHIA MEETINGS

• DOI: http://doi.org/10.1111/jofi.FE470
• Published date: 01 December 2013
• Date: 01 December 2013

January 3–5, 2014 AMERICAN FINANCE ASSOCIATION Philadelphia, PA

Preliminary Program

AFA 2014 PHILADELPHIA MEETINGS

SEVENTY FOURTH ANNUAL MEETING

AMERICAN FINANCE ASSOCIATION

Philadelphia, PA

President: Robert Stambaugh

President-Elect and Program Chair: Luigi Zingales

01/03/2014 – 8:00 AM

Location: Loews Philadelphia Hotel, Millenium Hall

Asset Management and Market Efficiency (G2)

Christopher Malloy, Harvard Business School

The Industrial Organization of Money Management

Simon Gervais, Duke University

G¨

unter Strobl, Frankfurt School of Finance & Management

The People in Your Neighborhood: Social Interactions and Mutual Fund

Portfolio Choice

Veronika Pool, Indiana University

Noah Stoffman, Indiana University

Scott Yonker, Indiana University

The Externalities of Crowded Trades

Jesse Blocher, Vanderbilt University

Predation versus Cooperation in Mutual Fund Families

Alexander Eisele, University of Lugano

Tamara Nefedova, Swiss Finance Institute

Gianpaolo Parise, Swiss Finance Institute

Discussants: Antti Petajisto, New York University (NYU) – Stern

Bruce Carlin, University of California, Los Angeles (UCLA)

Kelly Shue, University of Chicago Booth School of Business

Utpal Bhattacharya, Indiana University

01/03/2014 – 8:00 AM

Location: Loews Philadelphia Hotel, Regency Ballroom B

Behavioral Asset Pricing (G1)

Nicholas C. Barberis, Yale University

January 3–5, 2014 AMERICAN FINANCE ASSOCIATION Philadelphia, PA

No News is News: Do Markets Underreact to Nothing

Stefano Giglio, University of Chicago Booth School of Business

Kelly Shue, University of Chicago Booth School of Business

First Impressions: “System 1” Thinking and the Cross-section of Stock Returns

Nicolas Barberis, Yale University

Abhiroop Mukherjee, Hong Kong University of Science and Technology

Baolian Wang, Hong Kong University of Science and Technology

Waves in Ship Prices and Investment

Robin Greenwood, Harvard Business School

Samuel Hanson, Harvard Business School

Discussants: Dong Lou, London School of Economics & Political Science (LSE)

Byoung Hwang, Purdue University

Kent Daniel, Columbia Business School

01/03/2014 – 8:00 AM

Location: Loews Philadelphia Hotel, Regency Ballroom A

Credit Risk I (G1)

Ilya Strebulaev, Stanford Graduate School of Business

CDS Auctions and Informative Biases in CDS Recovery Rates

Sudip Gupta, New York University (NYU) – Stern

Synthetic or Real? The Equilibrium Effects of Credit Default Swaps on Bond

Markets

Martin Oehmke, Columbia Business School

Adam Zawadowski, Boston University

Does the Tail Wag the Dog? The Effect of Credit Default Swaps on Credit Risk

Marti Subrahmanyam, New York University (NYU) – Stern

Dragon Tang, University of Hong Kong

Sarah Qian Wang, Warwick Business School

Discussants: Alexander Gorbenko, London Business School

Haoxiang Zhu, Massachusetts Institute of Technology (MIT)

Jean Helwege, University of South Carolina

January 3–5, 2014 AMERICAN FINANCE ASSOCIATION Philadelphia, PA

01/03/2014 – 8:00 AM

Location: Loews Philadelphia Hotel, Commonwealth Hall C

Institutional Investors’ Portfolio Choices (G1)

Luis M. Viceira, Harvard Business School

Why Do University Endowments Invest So Much In Risky Assets?

Thomas Gilbert, University of Washington

Christopher Hrdlicka, University of Washington

Informed Trading and Expected Returns

James Choi, Yale School of Management

Li Jin, Oxford University

Hongjun Yan, Yale School of Management

Dynamic Portfolio Choice with Frictions

Nicolae Garleanu, University of California, Berkeley – Haas

Lasse Pedersen, New York University (NYU) – Stern

Deleveraging Risk

Scott Richardson, London Business School

Pedro Saffi, University of Cambridge

Kari Sigurdsson, Reykjavik University

Discussants: Jakub W. Jurek, Princeton University

Stephen G. Dimmock, Nanyang Technological University (NTU)

Bryan T. Kelly, University of Chicago Booth School of Business

Lauren H. Cohen, Harvard Business School

01/03/2014 – 8:00 AM

Location: Loews Philadelphia Hotel, Commonwealth Hall D

Macro Finance (G1)

Ralph Koijen, London Business School

Nominal Bonds, Real Bonds, and Equity

Andrew Ang, Columbia Business School

Maxim Ulrich, Columbia Business School

Forecasting through the Rear-view Mirror: Data Revisions and Bond Return

Predictability

Eric Ghysels, University of North Carolina at Chapel Hill

Casidhe Horan, University of Michigan

Emanuel Moench, Federal Reserve Bank of New York