Program for the 12th Annual Meeting of the Financial Research Association
Vdara Hotel and Spa
All research sessions will be held in the Vinoly 1 room.
Saturday December 12, 2015
12:30 PM Pre-Meeting Coffee
1:00 PM Introductory Remarks
1:10 PM to 3:10 PM Session 1
Chairperson: Bruce Carlin
Rewarding Disagreement for Optimal Collective Decisions: The Role of Skill and Luck
Authors: Naveen Khanna and Mark Schroder
Discussant/Presenter: Philip Bond
Mutual Fund Risk-Shifting and Management Contracts
Authors: Jung Lee, Charles Trzcinka, and Shyam Venkatesan
Discussant/Presenter: Laura Starks
Author: Pat Akey and Stefan Lewellen
Discussant/Presenter: Lauren Cohen
3:10 PM to 3:40 PM Break
3:40 PM to 5:00 PM Session 2
Chairperson: Mark Huson
Measuring Tail Risks in Real Time
Author: Brian Weller
Discussant/Presenter: Allan Timmermann
The Usual Suspects: Experienced Backers and Early Stage Venture Success
Author: Emma Li
Discussant/Presenter: Arthur Korteweg
Wine Tasting–Wines of the Northern Rhone, Vdara Vice-Versa Lounge
Sunday December 13, 2014
12:30 PM Pre-Meeting Coffee
1:00 PM to 3:00 PM Session 3
Chairperson: Eli Fich
When Fast Trading Looks Like Priced Noise
Authors: Alex Chinco and Mao Ye
Discussant/Presenter: Haoxiang Zhu
Returns to Talent and the Finance Wage Premium
Authors: Boris Vallee and Claire Celerier
Discussant/Presenter: Vincent Glode
When Saving is Gambling
Author: Anthony Cookson
Discussant/Presenter: Daniel Dorn
3:00 PM to 3:30 PM Break
3.30 PM to 5:00 PM Session 4: Early Ideas
Chairperson: Joey Engelberg
“Real Options, Financial Constraints and Drilling Rig Rental Rates” Sheridan Titman
“Risk Shifting in Hedge Funds: Implicit vs. Explicit Incentives” Yong Chen
“Tenure and the Zero-Profit Condition” Edward Van Wesep
“The Real Effects of Financial Distress: Evidence from Public School Teachers” Jordan Nickerson
“The Anatomy of Financial Frictions: A First Look at Private Firms” Rawley Heimer
“Macroeconomic News and Asset Prices” Daniel Andrei