The 12th Annual Conference in Financial Economics Research by Eagle Labs

May 17-18, 2015

Conference Co-Organizers

Jacob Boudoukh
Arison School of Business, Reichman University

Yaniv Grinstein
Arison School of Business, Reichman University
Johnson Graduate School of Management, Cornell University

Shimon Kogan
Arison School of Business, Reichman University
Sloan School of Management, Institute of Technology (MIT).

Conference Program:

Sunday, May 17

08:30	Coffee
09:00	Greetings: Professor Zvi Eckstein, Dean of the Arison School of Business & Tiomkin School of Economics, IDC Herzliya
09:15	Day 1- Session 1- "Delegated monitoring" Session chair: Ron Kaniel, Simon School of Business, University of Rochester "Adverse Selection and Intermediation Chains" Vincent Glode, Wharton school, University of Pennsylvania Christian Opp, Wharton school, University of Pennsylvania Discussant: Victoria Vanasco, Stanford Graduate School of Business "Leverage Constraints and Asset Prices: Insights from Mutual Fund Risk Taking" Oliver Boguth, W. P. Carey School of Business, Arizona State University Mikhail Simutin, Rotman School of Management, University of Toronto Discussant: Andrea Frazzini, AQR Capital Management
10:45	Coffee Break
11:15	Day 1 - Session 2 - "Delagated monitoring" Session chair: James Schallheim, University of Utah "Loss Averse Preferences, Performance, and Career Success of Institutional Investors" Andriy Bodnaruk, Mendoza College of Business, University of Notre Dame Andrei Simonov, Eli Broad College of Business, Michigan State University Discussant: Tyler Shumway, Ross School of Business, University of Michigan "Forced Asset Sales and the Concentration of Outstanding Debt: Evidence from the Mortgage Market” Giovanni Favara, Board of Governors of the Federal Reserve System Mariassunta Giannetti, Stockholm School of Economics Discussant: Uday Rajan, Stephen M. Ross School of Business, University of Michigan
12:45	Lunch
13:45	Day 1 - Session 3 Session chair: Abraham Ravid, Yeshiva University "Comparative Advantage and Specialization in Bank Lending” Daniel Paravisini, London School of Economics Veronica Rappoport, London School of Economics Philipp Schnabl, Leonard N. Stern School of Business, NYU Discussant: Nicola Gennaioli, Bocconi University "Debt Restructuring Costs and Firm Bankruptcy: Evidence from CDS Spread" Murillo Campello, Johnson Graduate School of Management, Cornell University Tomislav Ladika, University of Amsterdam Rafael Matta, University of Amsterdam Discussant: Jarrad Harford, Foster School of Business, University of Washington
19:30	Dinner

Monday, May 18

Location: Room SL402, Radzyner-Sustainability Building, IDC Herzliya Campus

08:30	Coffee
09:00	Day 2 - Session 1 Session chair: Yakov Amihud, Leonard N. Stern School of Business, NYU "Liquidity, Innovation, and Endogenous Growth" Semyon Malamud, Swiss Finance Institute at EPFL Francesca Zucchi, Swiss Finance Institute at EPFL Discussant: Lukas Schmid, Fuqua School of Business, Duke University "Information Architecture and Intertemporal Choice: A Randomized Field Experiment in the United States" Yaron Levi, Anderson School of Management, UCLA Discussant: Juhani Linnainmaa, The University of Chicago Booth School of Business
10:30	Coffee Break
11:00	Day 2 - Session 2 Session chair: Nittai Bergman, MIT Sloan School of Management "Credit-Induced Boom and Bust" Marco Di Maggio, Columbia Business School Amir Kermani, Haas School of Business, University of California - Berkeley Discussant: Jacob Sagi, Kenan-Flagler Business School, UNC at Chapel Hill "Playing it Safe? Managerial Preferences, Risk, and Agency Conflicts" Todd Gormley, Wharton school, University of Pennsylvania David Matsa, Kellogg school of management, Northwestern University Discussant: Ernst Maug, Mannheim Business School, University of Mannheim
12:30	Lunch
13:30	Day 2 - Session 3 Session chair: Jaime Zender, Leeds School of Business, University of Colorado Boulder "Expected inflation and other determinants of Treasury yields" Gregory Duffee, Zanvyl Krieger School of Arts & Sciences, Johns Hopkins University Discussant: Anh Le, Kenan-Flagler Business School, UNC at Chapel Hill "Prospect Theory and Stock Returns: An Empirical Test" Nicholas Barberis, Yale School of Management Abhiroop Mukherjee, Hong Kong University of Science and Technology Baolian Wang, Fordham University Discussant: Keith Vorkink, Marriott School, Brigham Young University
15:00	Closing Ceremony Best Paper Award Best Discussant Award
16:30-19:30	Annual Quantitative Trading Symposium

Paper Selection Committee Members:

Yakov Amihud (New York University), Itzhak Ben David (The Ohio State University), Effi Benmelech (Northwestern University), Nittai Bergman (Massachusetts Institute of Technology), Alon Brav (Duke University), David De Angelis (Rice University), Francois Degeorge (University of Lugano), François Derrien (HEC Paris), Ran Duchin (University of Washington), Alex Edmans (University of Pennsylvania), Joseph Engelberg (University of California, San Diego), Eliezer Fich (Drexel University), Vyacheslav Fos (University of Illinois at Urbana-Champaign), Francesco Franzoni (University of Lugano ), Diego Garcia (UNC at Chapel Hill), Jie Gan (Cheung Kong Graduate School of Business), Simon Gervais (Duke University), Xavier Giroud (Massachusetts Institute of Technology), Itay Goldstein (University of Pennsylvania), Todd Gormley (University of Pennsylvania), Vidhan Goyal (Hong Kong University of Science and Technology), Gustavo Grullon (Rice University), Yael Hochberg (Northwestern University), Johan Hombert (HEC Paris), Victoria Ivashina (Harvard University), Marcin Kacperczyk (Imperial College London), Ohad Kadan (Washington University in St. Louis), Dalida Kadyrzhanova (University of Maryland), Bige Kahraman (Stockholm School of Economics), Ron Kaniel (University of Rochester & IDC Herzliya), Hyunseob Kim (Cornell University), Yelena Larkin (Penn State University), Anh Le (UNC at Chapel Hill), Mark Leary (Washington University in St. Louis), Juhani Linnainmaa (University of Chicago), Roger Loh (Singapore Management University), Evgeny Lyandres (Boston University & IDC Herzliya), David Matsa (Northwestern University), Semyon Malamud (Ecole Polytechnique Fédérale de Lausanne), Asaf Manela (Washington University in St. Louis), Ernst Maug (University of Mannheim), Prabhala Nagpurnanand (University of Maryland), Alessandro Previtero (University of Western Ontario), Uday Rajan (University of Michigan), Adriano Rampini (Duke University), Michael Roberts (University of Pennsylvania), Stefano Rossi (Purdue University), Amir Rubin (Simon Fraser University), Jacob Sagi (UNC at Chapel Hill), David Scharfstein (Harvard University), Martin Schmalz (University of Michigan), Christoph Schneider (University of Mannheim), Kelly Shue (University of Chicago), Clemens Sialm (University of Texas at Austin), Elena Simintzi (University of British Columbia), Denis Sosyura (University of Michigan), Oliver Spalt (Tilburg University), David Sraer (Princeton University ), Neal Stoughton (WU-Vienna University of Economics and Business), Lucian Taylor (University of Pennsylvania), Margarita Tsoutsoura (University of Chicago), Michela Verardo (London School of Economics), Avi Wohl (Tel Aviv University), Kent Womack (University of Toronto), Josef Zechner (WU-Vienna University of Economics and Business), Jaime Zender (University of Colorado).