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
Jeremy C. Stein, Harvard University and NBER
Egon Zakrašjek

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, University of Hong Kong
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, IESE Business School
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
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