SI 2017 Corporate Finance

Antoinette Schoar, Xavier Giroud, and Holger Mueller, Organizers

July 10-11, 2017

Royal Sonesta Hotel

Conference Code of Conduct

Monday, July 10
10:20 am
Ramin Baghai, Stockholm School of Economics
Rui C. Silva, Nova School of Business and Economics
Viktor Thell, Stockholm School of Economics
Vikrant Vig, Stanford University and NBER

Talent in Distressed Firms: Investigating the Labor Costs of Financial Distress
Discussant: David A. Matsa, Northwestern University and NBER
11:10 am
Giacinta Cestone, Cass Business School
Chiara Fumagalli, Università Bocconi
Francis Kramarz, Innovation Lab, College de France
Giiovanni Pica, University of Milan

Insurance between Firms: The Role of Internal Labor Markets
Discussant: Emily Breza, Harvard University and NBER
12:00 n
Lunch
1:00 pm
Michael Bailey, Facebook
Ruiqing Cao, Stockholm School of Economics
Theresa Kuchler, New York University and NBER
Johannes Stroebel, New York University and NBER

Social Networks and Housing Markets
Discussant: Christopher Palmer, Massachusetts Institute of Technology and NBER
1:50 pm
Kyle F. Herkenhoff, University of Minnesota and NBER
Gordon M. Phillips, Dartmouth College and NBER
Ethan Cohen-Cole, Econ One Research

How Credit Constraints Impact Job Finding Rates, Sorting & Aggregate Output
Discussant: Will S. Dobbie, Harvard University and NBER
2:40 pm
Break
3:10 pm
Dong Lee, Korea University
Han Shin, Yonsei University
René M. Stulz, The Ohio State University and NBER

Why Does Capital no Longer Flow More to the Industries with the Best Growth Opportunities?
Discussant: Thomas Philippon, New York University and NBER
4:00 pm
Oliver D. Hart, Harvard University and NBER
Luigi Zingales, University of Chicago and NBER

Should a Company Pursue Shareholder Value?
Discussant: Henry Hansmann, Yale University
4:50 pm
Adjourn
Tuesday, July 11
8:30 am
Coffee and Pastries
9:00 am
Sylvain Catherine, University of Pennsylvania
Thomas Chaney, University of Southern California
Zongbo Huang, Chinese University of Hong Kong, Shenzhen
David Sraer, University of California, Berkeley and NBER
David Thesmar, Massachusetts Institute of Technology and NBER

Aggregate Effect of Collateral Constraints
Discussant: Toni Whited, University of Michigan and NBER
9:50 am
Qiping Xu, University of Illinois at Urbana-Champaign
Eric Zwick, University of Chicago and NBER

Kinky Tax Policy and Abnormal Investment Behavior
Discussant: Joshua Rauh, Stanford University and NBER
10:40 am
Break
11:10 am
Atif R. Mian, Princeton University and NBER
Amir Sufi, University of Chicago and NBER
Emil Verner, Massachusetts Institute of Technology and NBER

How Do Credit Supply Shocks Affect the Real Economy? Evidence from the United States in the 1980s
Discussant: Philip Strahan, Boston College and NBER
12:00 n
Lunch
AFTERNOON SESSION IS JOINT WITH RISKS OF FINANCIAL INSTITUTIONS
1:00 pm
Mark L. Egan, Harvard University and NBER
Stefan Lewellen, Pennsylvania State University
Adi Sunderam, Harvard University and NBER

The Cross Section of Bank Value
Discussant: David Sraer, University of California, Berkeley and NBER
1:50 pm
Itamar Drechsler, University of Pennsylvania and NBER
Alexi Savov, New York University and NBER
Philipp Schnabl, New York University and NBER

Banking on Deposits: Maturity Transformation without Interest Rate Risk
Discussant: Arvind Krishnamurthy, Stanford University and NBER
2:40 pm
Break
3:10 pm
Indraneel Chakraborty, University of Miami
Itay Goldstein, University of Pennsylvania and NBER
Andrew MacKinlay, Virginia Tech

Monetary Stimulus and Bank Lending
Discussant: Andreas Fuster, EPFL and Swiss Finance Institute
4:00 pm
Brian S. Chen, Harvard University
Samuel Hanson, Harvard University and NBER
Jeremy C. Stein, Harvard University and NBER

The Decline of Big-Bank Lending to Small Business: Dynamic Impacts on Local Credit and Labor Markets
Discussant: Raghuram Rajan, University of Chicago and NBER
4:50 pm
Adjourn