Thursday, November 15
6:30 pm
Dinner, Bambara Restaurant at Hotel Marlowe (across the street from the Royal Sonesta Hotel)
Friday, November 16
8:00 am
Continental Breakfast
Cost of Capital
8:30 am

The Benchmark Inclusion Subsidy (slides)

Anil K. Kashyap, University of Chicago and NBER
Natalia Kovrijnykh, Arizona State University
Jian Li, Columbia University
Anna Pavlova, London Business School

Discussant:
Hui Chen, Massachusetts Institute of Technology and NBER
9:20 am

Private Equity Indices Based on Secondary Market Transactions (slides)

Brian Boyer, Brigham Young University
Taylor D. Nadauld, Brigham Young University
Keith Vorkink, Brigham Young University
Michael S. Weisbach, The Ohio State University and NBER

Discussant:
Arthur Korteweg, University of Southern California
10:10 am
Break
Start-ups
10:30 am

Entrepreneurial Spillovers from Corporate R&D

Tania Babina, University of Maryland and NBER
Sabrina T. Howell, New York University and NBER

Discussant:
Shai Bernstein, Harvard University and NBER
11:20 am

How Sensitive is Young Firm Investment to the Cost of Outside Equity? Evidence from a UK Tax Relief (slides)

Daniel Paravisini, London School of Economics
Juanita Gonzalez-Uribe, London School of Economics

Discussant:
Jessica Jeffers, HEC Paris
12:10 pm
Lunch- Parkview Room
Banking: Evidence from History
1:10 pm

The Effects of Banking Competition on Growth and Financial Stability: Evidence from the National Banking Era

Mark Carlson, Federal Reserve Board of Governors
Sergio A. Correia, Federal Reserve Board of Governors
Stephan Luck, Federal Reserve Bank of New York

Discussant:
Peter Koudijs, New York University
2:00 pm

Bank Equity and Banking Crises

Matthew Baron, Cornell University
Emil Verner, Massachusetts Institute of Technology and NBER
Wei Xiong, Princeton University and NBER

Discussant:
Randall S. Kroszner, University of Chicago and NBER
2:50 pm
Break
Finance and Local Information
3:10 pm

Going the Extra Mile: Distant Lending and Credit Cycles

João Granja, University of Chicago
Christian Leuz, University of Chicago and NBER
Raghuram Rajan, University of Chicago and NBER

Discussant:
Philipp Schnabl, New York University and NBER
4:00 pm

Financing Dies in Darkness? The Impact of Newspaper Closures on Public Finance

Pengjie Gao, University of Notre Dame
Chang Joo Lee, University of Illinois at Chicago
Dermot Murphy, University of Illinois at Chicago

Discussant:
Manuel Adelino, Duke University and NBER
4:50 pm
Adjourn