Friday, April 12

Continental Breakfast

8:29 am

CEO incentives

8:30am

The Political Polarization of Corporate America

Vyacheslav Fos, Boston College and NBER
Elisabeth Kempf, Harvard University and NBER
Margarita Tsoutsoura, Washington University in St Louis and NBER

Discussant:
Paola Sapienza, Stanford University and NBER

9:20am

Excess Commitment in R&D

Marius Guenzel, University of Pennsylvania
Tong Liu, Massachusetts Institute of Technology

Discussant:
Michael Ewens, Columbia University and NBER

Break

10:40am

Modeling Managers As EPS Maximizers

Alex Chinco, Baruch College
Itzhak Ben-David, The Ohio State University and NBER

Discussant:
Malcolm Baker, Harvard University and NBER

11:29 am

Disparities in Access to Finance

11:30am

Explaining Racial Disparities in Personal Bankruptcy Outcomes

Bronson Argyle, Brigham Young University
Sasha Indarte, University of Pennsylvania
Benjamin Iverson, Brigham Young University
Christopher Palmer, Massachusetts Institute of Technology and NBER

Discussant:
Samuel Antill, Harvard University

Lunch - Room 621

1:30pm

Branching Out Inequality: The Impact of Credit Equality Policies

Jacelly C. Cespedes, University of Minnesota
Erica Xuewei Jiang, University of Southern California
Carlos R. Parra, PUC Chile
Jinyuan Zhang, University of California, Los Angeles

Discussant:
Sergey Chernenko, Purdue University

Break

2:45 pm

Credit Markets

2:50pm

Taxation When Markets Are Not Competitive: Evidence From A Loan Tax

Rebecca De Simone, London Business School
Felipe Brugues, ITAM

Discussant:
David Sraer, University of California, Berkeley and NBER

Break

4:10pm

Corporate Runs and Credit Reallocation

Elena Carletti, Bocconi University
Filippo De Marco, Bocconi University
Vasso Ioannidou, City University of London
Enrico Sette, Bank of Italy

Discussant:
Anil K Kashyap, University of Chicago and NBER

Adjourn

Reception and Dinner at the Gleacher Center, Room 621