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NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

Corporate Finance Program Meeting

Bruce Carlin and Peter Demarzo, Organizers

November 6, 2015

Stanford Graduate School of Business
Oberndorf Center
North Building, 3^rd Floor
Stanford, CA 94305

PROGRAM

Friday, November 06:
8:00 am	Continental Breakfast
8:30 am	Boris Vallee, Harvard University Christophe Perignon, HEC Paris The Political Economy of Financial Innovation: Evidence from Local Governments Discussant: Benjamin Hebert, Stanford University
9:20 am	Ilya A. Strebulaev, Stanford University and NBER Christopher Hennessy, London School of Business and CEPR Beyond Random Assignment: Credible Inference of Causal Effects in Dynamic Economies Discussant: Lucian Taylor, University of Pennsylvania
10:10 am	Break
10:30 am	Andrew Hertzberg, Columbia University Andres Liberman, New York University Daniel Paravisini, London School of Economics Adverse Selection on Maturity: Evidence from On-line Consumer Credit Discussant: Amit Seru, University of Chicago and NBER
11:20 am	Ulf Axelson, London School of Economics Igor Makarov, London School of Economics Informational Black Holes in Financial Markets Discussant: S. Viswanathan, Duke University
12:10 pm	Lunch
1:10 pm	Brad Barber, University of California at Davis Ayako Yasuda, University of California at Davis Interim Fund Performance and Fundraising in Private Equity Discussant: Yael Hochberg, Rice University and NBER
2:00 pm	Shai Bernstein, Stanford University and NBER Ben Iverson, Northwestern University Emanuele Colonnelli, Stanford University Asset Reallocation in Bankruptcy Discussant: Antoinette Schoar, Massachusetts Institute of Technology and NBER
2:50 pm	Break
3:10 pm	Xavier Giroud, Massachusetts Institute of Technology and NBER Joshua Rauh, Stanford University and NBER State Taxation and the Reallocation of Business Activity: Evidence from Establishment-Level Data Discussant: Juan Carlos Suarez Serrato, Duke University and NBER
4:00 pm	Christopher A. Parsons, University of California at San Diego Casey Dougal, Drexel University William J. Mayew, Duke Pengjie Gao, University of Notre Dame What's in a (school) name? Racial Discrimination in Higher Education Bond Markets Discussant: Michael Weber, University of Chicago
5:00 pm	Adjourn
6:00 pm	Dinner (Joint with Asset Pricing) MacArthur Park Restaurant 27 University Avenue Palo Alto, CA 94301

9/22/15