Big Data: Long-Term Implications for Financial Markets and Firms
Itay Goldstein, Chester S. Spatt, and Mao Ye, Organizers
March 8, 2019
Supported by the National Science Foundation, in conjunction with the Review of Financial Studies
Royal Sonesta Hotel, 40 Edwin H. Land Blvd., Cambridge, MA
| Thursday, March 7 | ||||
| 7:00 pm | Dinner, Parkview Room, Royal Sonesta Hotel | |||
| Friday, March 8 | ||||
| 8:00 am |
Coffee and Pastries |
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| FORMAT: 20 minutes for authors, 15 minutes for discussants and 5 minutes for general discussion | ||||
| Financial Intermediation | ||||
| 8:30 am |
Robert P. Bartlett III, Stanford University Adair Morse, University of California, Berkeley and NBER Richard Stanton, University of California, Berkeley Nancy Wallace, University of California, Berkeley Consumer-Lending Discrimination in the FinTech Era
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| 9:10 am |
Michael Gofman, University of Rochester Sajjad Jafri, Queen's University James T. Chapman, Bank of Canada High-Frequency Analysis of Financial Stability
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| 9:50 am | Break | |||
| Market Microstructure | ||||
| 10:10 am |
Hedi Benamar, Federal Reserve Board of Governors Thierry Foucault, HEC School of Management Clara Vega, Federal Reserve Board of Governors Demand for Information, Uncertainty, and the Response of U.S. Treasury Securities to News
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| 10:50 am |
Amber Anand, Syracuse University Mehrdad Samadi, Federal Reserve Board of Governors Jonathan Sokobin, Financial Industry Regulatory Authority Kumar Venkataraman, Southern Methodist University Institutional Order Handling and Broker-Affiliated Trading Venues
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| 11:30 am |
David Easley, Cornell University Marcos Lopez de Prado, AQR Maureen O'Hara, Cornell University Zhibai Zhang, NYU Tandon Microstructure in the Machine Age
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| 12:10 pm | Lunch | |||
| Asset Pricing | ||||
| 1:30 pm |
Jura Liaukonyte, Cornell University Alminas Zaldokas, National University of Singapore Background Noise? TV Advertising Affects Real Time Investor Behavior
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| 2:10 pm |
Zheng Tracy Ke, Harvard University Bryan T. Kelly, Yale University and NBER Dacheng Xiu, University of Chicago and NBER Predicting Returns with Text Data
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| 2:50 pm | Break | |||
| Corporate Finance | ||||
| 3:10 pm |
Isil Erel, The Ohio State University and NBER Léa H. Stern, University of Washington Chenhao Tan, University of Chicago Michael S. Weisbach, The Ohio State University and NBER Selecting Directors Using Machine Learning
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| 3:50 pm |
Bo Cowgill, Columbia University Eric Zitzewitz, Dartmouth College and NBER Stock Compensation and Employee Attention
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| 4:30 pm | Adjourn | |||