Friday, March 24
8:00 am
Continental Breakfast
Household Debt and Distributional Consequences
8:30 am

Import Competition and Household Debt

Jean-Noel Barrot, HEC Paris
Erik Loualiche, University of Minnesota
Matthew C. Plosser, Federal Reserve Bank of New York
Julien Sauvagnat, Bocconi University

Discussant:
Emily Breza, Harvard University and NBER
9:20 am

Ditching the Middle Class with Financial Regulation

Francesco D’Acunto, Georgetown University
Alberto G. Rossi, Georgetown University

Discussant:
Luigi Zingales, University of Chicago and NBER
10:10 am
Break
10:30 am

Debt and Human Capital: Evidence from Student Loans

Vyacheslav Fos, Boston College and NBER
Andres Liberman, New York University
Constantine Yannelis, University of Cambridge

Discussant:
Kelly Shue, Yale University and NBER
Measuring Innovation
11:20 am

A Text-Based Analysis of Corporate Innovation

Gustaf Bellstam, University of Colorado Boulder
Sanjai Bhagat, University of Colorado Boulder
J. Anthony Cookson, University of Colorado Boulder

Discussant:
Dimitris Papanikolaou, Northwestern University and NBER
12:10 pm
Lunch-Executive Dining Room 621
Debt Markets
1:10 pm

Leverage Dynamics without Commitment

Peter M. DeMarzo, Stanford University and NBER
Zhiguo He, Stanford University and NBER

Discussant:
Marcus Opp, Stockholm School of Economics
2:00 pm

Are Lemons Sold First? Dynamic Signaling in the Mortgage Market

Manuel Adelino, Duke University and NBER
Kristopher Gerardi, Federal Reserve Bank of Atlanta
Barney Hartman-Glaser, University of California, Los Angeles

Discussant:
Brett Green, Washington University in St Louis
2:50 pm
Break
Bankruptcy
3:10 pm

Bankruptcy Spillovers

Shai Bernstein, Harvard University and NBER
Emanuele Colonnelli, University of Chicago and NBER
Xavier Giroud, Columbia University and NBER
Ben Iverson, Brigham Young University

Discussant:
Gabriel Chodorow-Reich, Harvard University and NBER
4:00 pm

The Privatization of Bankruptcy: Evidence from Financial Distress in the Shipping Industry

Julian Franks, London Business School
Oren Sussman, University of Oxford
Vikrant Vig, Stanford University and NBER

Discussant:
Victoria Ivashina, Harvard University and NBER
4:50 pm
Adjourn
6:00 pm
Joint Reception and Dinner, Gleacher Center
Executive Dining Room 621
Participant List