Understanding Capital Structures

Viral V. Acharya, Heitor Almeida, and Malcolm Baker, Organizers

April 5-6, 2013

Royal Sonesta Hotel

Conference Code of Conduct

Friday, April 5
1
Jaewon Choi, University of Illinois at Urbana-Champaign
Dirk Hackbarth, Boston University
Josef Zechner, Vienna University of Economics and Business

Granularity of Corporate Debt
2
Arvind Krishnamurthy, Stanford University and NBER
Annette Vissing-Jorgensen, Federal Reserve Board and NBER

Short-term Debt and Financial Crises: What we can learn from U.S. Treasury Supply
3
Isil Erel, The Ohio State University and NBER
Stewart C. Myers, Massachusetts Institute of Technology and NBER
James A. Read, Jr, The Brattle Group

Capital Allocation
4
Franklin Allen, Imperial College London
Elena Carletti, Bocconi University

Deposits and Bank Capital Structure
5
Konstantin Milbradt, Northwestern University and NBER
Martin Oehmke, London School of Economics

Maturity Rationing and Collective Short-Termism
6
Anat Admati, Stanford University
Peter M. DeMarzo, Stanford University and NBER
Martin Hellwig, Max Planck Institute
Paul Pfleiderer, Stanford University

Debt Overhang and Capital Regulation
7
Shekhar Aiyar, International Monetary Fund
Charles W. Calomiris, Columbia University and NBER
John Hooley, Bank of England
Yevgeniya Korniyenko
Tomasz Wieladek

The International Transmission of Bank Capital Requirements: Evidence from the UK
8
Andres Almazan, University of Texas at Austin
Adolfo de Motta, McGill University
Sheridan Titman, University of Texas at Austin and NBER

Debt, Labor Markets and the Creation and Destruction of Firms
9
John Graham, Duke University and NBER
Mark Leary, Washington University in St. Louis and NBER
Michael R. Roberts, University of Pennsylvania and NBER

A Century of Capital Structure: The Leveraging of Corporate America