SI 2019 Corporate Finance

Antoinette Schoar and Amir Sufi, Organizers

July 8-9, 2019

Ballroom A

Royal Sonesta Hotel, Edwin H. Land Blvd., Cambridge, MA

Conference Code of Conduct

Monday, July 8
Capital Structure
10:20 am
Daniel Greenwald, New York University

Firm Debt Covenants and the Macroeconomy: The Interest Coverage Channel
Discussant: Heitor Almeida, University of Illinois at Urbana-Champaign and NBER
11:10 am
Charles Boissel, HEC-Paris
Adrien Matray, Princeton University and NBER

Higher Dividend Taxes, No Problem! Evidence from Taxing Entrepreneurs in France
Discussant: Eric Zwick, University of Chicago and NBER
12:00 pm
Lunch
Beliefs and Endowment Effects
1:00 pm
Kevin Carney, University of Michigan
Michael Kremer, University of Chicago and NBER
Xinyue Lin, Harvard University
Gautam Rao, University of California, Berkeley and NBER

The Endowment Effect and Collateralized Loans
Discussant: Andres Liberman, New York University
1:50 pm
Elisabeth Kempf, Harvard University and NBER
Margarita Tsoutsoura, Washington University in St. Louis and NBER

Partisan Professionals:Evidence from Credit Rating Analysts
Discussant: David Schoenherr, Princeton University
2:40 pm
Break
Financial Distress
3:10 pm
Ing-Haw Cheng, University of Toronto
Felipe Severino, Dartmouth College
Richard Townsend, University of California, San Diego and NBER

How do Consumers Fare When Dealing with Debt Collectors? Evidence from Out-of-court Settlements
Discussant: Taylor D. Nadauld, Brigham Young University
4:00 pm
Rebecca Diamond, Stanford University and NBER
Adam Guren, Boston University and NBER
Rose Tan, Stanford University

The Effect of Foreclosures on Homeowners, Tenants, and Landlords
Discussant: Stijn Van Nieuwerburgh, Columbia University and NBER
4:50 pm
Adjourn
Tuesday, July 9
8:30 am
Coffee and Pastries
Governance and Bankruptcy
9:00 am
Patrick Bolton, Columbia University
Tao Li, University of Florida
Enrichetta Ravina, Federal Reserve Bank of Chicago
Howard Rosenthal, New York University

Investor Ideology
Discussant: Nadya Malenko, Boston College and NBER
9:50 am
Break
10:20 am
Tal Gross, Boston University and NBER
Raymond Kluender, Harvard University
Feng Liu, Consumer Financial Protection Bureau
Matthew J. Notowidigdo, University of Chicago and NBER
Jialan Wang, University of Illinois at Urbana-Champaign and NBER

The Economic Consequences of Bankruptcy Reform
Discussant: Amit Seru, Stanford University and NBER
11:10 am
Song Ma, Yale University and NBER
Joy Tianjiao Tong, Ivey Business School, Western University
Wei Wang, Queens University

Selling Innovation in Bankruptcy
Discussant: Ramana Nanda, Imperial College London
12:00 pm
Lunch
Risk and Financial Intermediation
1:00 pm
Ballroom
Michael Fishman, Northwestern University
Jonathan A. Parker, Massachusetts Institute of Technology and NBER
Ludwig Straub, Harvard University and NBER

A Dynamic Theory of Lending Standards
Discussant: Robert Marquez, University of California at Davis
1:50 pm
Ballroom
Victoria Ivashina, Harvard University and NBER
Luc Laeven, European Central Bank
Enrique Moral-Benito, Bank of Spain

Loan Types and the Bank Lending Channel
Discussant: Daniel Paravisini, London School of Economics
2:40 pm
Break
3:10 pm
Ballroom
Carlo Altavilla, European Central Bank
Lorenzo Burlon, European Central Bank
Mariassunta Giannetti, Stockholm School of Economics
Sarah Holton, European Central Bank

Is There a Zero Lower Bound? The Effects of Negative Policy Rates on Banks and Firms
Discussant: Gabriel Chodorow-Reich, Harvard University and NBER
4:00 pm
Ballroom
Tobias Adrian, International Monetary Fund
Nina Boyarchenko, Federal Reserve Bank of New York
Hyun Song Shin, Bank for International Settlements

On the Scale of Financial Intermediaries (slides)
Discussant: David S. Scharfstein, Harvard University and NBER
4:50 pm
Adjourn