NATIONAL
BUREAU OF ECONOMIC RESEARCH, INC. |
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SUMMER
INSTITUTE 2006 |
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Capital
Markets and the Economy Workshop |
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Janice
Eberly and Deborah Lucas, Organizers |
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Royal
Sonesta Hotel |
Charles
A |
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July
17 - 19, 2006 |
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PROGRAM |
MONDAY, JULY 17: |
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12:00 n |
Lunch |
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1:00 pm |
JOHN BOYD, |
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GIANNI DE NICOLO, International Monetary Fund |
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ABU AL JALAL, |
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Bank Risk Taking and Competition Revisied: New
Theory and New Evidence |
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Discussant: ITAY
GOLDSTEIN, |
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1:50 pm |
ARVIND KRISHNAMURTHY and ZHIGUO HE, Northwestern
University |
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Discussant: ADRIEN VERDELHAN, Boston University |
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2:40 pm |
Break |
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2:55 pm |
STAVROS PANAGEAS, |
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Discussant: GEORGE PENNACHI, |
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3:45 pm |
MOTOHIRO YOGO, |
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BORJA LARRAIN, Federal Reserve Bank of |
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Does Firm Value Move Too Much to be Justified by
Subsequent Changes in Cash Flow? |
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Discussant: |
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4:35 pm |
Adjourn |
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6:30 pm |
Group Dinner
- Rustic Kitchen, |
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TUESDAY, JULY
18: |
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12:00 n |
Lunch |
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1:00 pm |
MICHAEL HALIASSOS, |
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DIMITRIS CHRISTELIS, |
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DIMITRIS GEORGARAKOS, |
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Discussant: JOHN
AMERIKS, The Vanguard Group |
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1:50 pm |
PAUL WILLEN, |
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FELIX KUBLER, |
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Discussant: BRYAN ROUTLEDGE, Carnegie Mellon University |
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2:40 pm |
Break |
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2:55 pm |
ADRIANO RAMPINI and ANDREA EISFELDT, Northwestern
University |
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Discussant: AMIR SUFI, |
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3:45 pm |
VIRAL ACHARYA, |
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HEITOR ALMEIDA, |
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MURILLO CAMPELLO, |
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Is Cash Negative Debt? A Hedging Perspective on
Corporate Financial Policies |
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Discussant:
MICHAEL ROBERTS, University of Pennsylvania |
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4:35 pm |
Adjourn |
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WEDNESDAY, JULY
19: |
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12:00 n |
Lunch |
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1:00 pm |
GUIDO LORENZONI, MIT and NBER |
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KARL WALENTIN, Sveriges Riksbank |
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Discussant: ANDREW ABEL, |
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1:50 pm |
THOMAS PHILIPPON, |
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Discussant: LUCA BENZONI, |
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2:40 pm |
Break |
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2:55 pm |
WEI XIONG, |
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HONGJUN YAN, |
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Discussant:
MONIKA PIAZZESI, |
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3:45 pm |
NENG WANG, |
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RUI |
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Discussant: PING HE, |
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4:35 pm |
Adjourn |
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5/24/06 |
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