SI 2015 Corporate Finance

Malcolm Baker, Adi Sunderam, and Antoinette Schoar, Organizers

July 6-7, 2015

Royal Sonesta Hotel

Conference Code of Conduct

Monday, July 6
10:00 am
10:00 am
John Bai, Northeastern University
Daniel Carvalho, Indiana University
Gordon M. Phillips, Dartmouth College and NBER

The Impact of Bank Credit on Labor Reallocation and Aggregate Industry Productivity
10:50 am
10:50 am
Egor V. Matveyev, Massachusetts Institute of Technology

Assortative Matching in Managerial Labor Markets: Theory and Measurement
1:00 pm
1:00 pm
Marco Di Maggio, Imperial College Business School
Amir Kermani, University of California, Berkeley and NBER
Sanket A. Korgaonkar, University of Virginia

Deregulation, Competition and the Race to the Bottom
1:50 pm
1:50 pm
David Lucca, Jane Street
Taylor D. Nadauld, Brigham Young University
Karen Shen, Johns Hopkins University

Credit Supply and the Rise in College Tuition: Evidence from the Expansion in Federal Student Aid Programs
3:10 pm
3:10 pm
Itamar Drechsler, University of Pennsylvania and NBER
Alexi Savov, New York University and NBER
Philipp Schnabl, New York University and NBER

The Deposits Channel of Monetary Policy
4:00 pm
4:00 pm
David López-Salido, Federal Reserve Board of Governors
Jeremy C. Stein, Harvard University and NBER
Egon Zakrašjek, Federal Reserve Bank of Boston

Credit-Market Sentiment and the Business Cycle
Tuesday, July 7
9:00 am
9:00 am
Ian R. Appel, University of Virginia
Todd Gormley, Washington University in St Louis and NBER
Donald Keim, University of Pennsylvania

Passive Investors, Not Passive Owners
9:50 am
9:50 am
Roni Michaely, The University of Hong Kong (HKU)
Jillian A. Popadak, Emory University
Christopher Vincent, Cornell University

The Deleveraging of U.S. Firms and Institutional Investors' Role
11:10 am
11:10 am
Arevik Avedian, Harvard University
Henrik Cronqvist, Chapman University
Marc D. Weidenmier, Chapman University and NBER

Corporate Governance and the Creation of the SEC
3;10 pm
3;10 pm
Bo Becker, Stockholm School of Economics
Marieke Bos, Stockholm School of Economics
Kasper Roszbach, Norges Bank

Bad Times, Good Credit
1:00 pm
1:00 pm
Viral V. Acharya, New York University and NBER
Tim Eisert, Nova School of Business and Economics
Christian Eufinger, University of Navarra
Christian Hirsch, Goethe University Frankfurt

Real Effects of the Sovereign Debt Crisis in Europe: Evidence from Syndicated Loans
1:50 pm
Antonio Falato, Federal Reserve Board of Governors
David S. Scharfstein, Harvard University and NBER

The Stock Market and Bank Risk-Taking
4:00 pm
4:00 pm
Douglas W. Diamond, University of Chicago and NBER
Yunzhi Hu, University of North Carolina at Chapel Hill
Raghuram Rajan, University of Chicago and NBER

Pledgeability, Industry Liquidity, and Financing Cycles