Corporate Finance Program Meeting

David Sraer and Philip Strahan, Organizers

November 16, 2018

Royal Sonesta Hotel, Charles Suites, 40 Edwin H. Land Blvd., Cambridge, MA

Conference Code of Conduct

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

The Benchmark Inclusion Subsidy (slides)
Discussant: Hui Chen, Massachusetts Institute of Technology and NBER
9:20 am
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

Private Equity Indices Based on Secondary Market Transactions (slides)
Discussant: Arthur Korteweg, University of Southern California
10:10 am
Break
Start-ups
10:30 am
Tania Babina, Columbia University and NBER
Sabrina T. Howell, New York University and NBER

Entrepreneurial Spillovers from Corporate R&D
Discussant: Shai Bernstein, Harvard University and NBER
11:20 am
Daniel Paravisini, London School of Economics
Juanita Gonzalez-Uribe, London School of Economics

How Sensitive is Young Firm Investment to the Cost of Outside Equity? Evidence from a UK Tax Relief (slides)
Discussant: Jessica Jeffers, HEC Paris
12:10 pm
Lunch- Parkview Room
Banking: Evidence from History
1:10 pm
Mark Carlson, Federal Reserve Board of Governors
Sergio A. Correia, Federal Reserve Board of Governors
Stephan Luck, Federal Reserve Bank of New York

The Effects of Banking Competition on Growth and Financial Stability: Evidence from the National Banking Era
Discussant: Peter Koudijs, University of Rotterdam
2:00 pm
Matthew Baron, Cornell University
Emil Verner, Massachusetts Institute of Technology and NBER
Wei Xiong, Princeton University and NBER

Bank Equity and Banking Crises
Discussant: Randall S. Kroszner, University of Chicago and NBER
2:50 pm
Break
Finance and Local Information
3:10 pm
João Granja, University of Chicago
Christian Leuz, University of Chicago and NBER
Raghuram Rajan, University of Chicago and NBER

Going the Extra Mile: Distant Lending and Credit Cycles
Discussant: Philipp Schnabl, New York University and NBER
4:00 pm
Pengjie Gao, University of Notre Dame
Chang Joo Lee, University of Illinois at Chicago
Dermot Murphy, University of Illinois at Chicago

Financing Dies in Darkness? The Impact of Newspaper Closures on Public Finance
Discussant: Manuel Adelino, Duke University and NBER
4:50 pm
Adjourn