Program for the 13th Annual Meeting of the Financial Research Association
Vdara Hotel and Spa
Saturday December 17, 2016
12:30 PM Pre-Meeting Coffee
1:00 PM Introductory Remarks
1:10 PM to 3:10 PM Session 1
Chairperson: Bruce Carlin
Dissecting Characteristics Nonparametrically
Authors: Joachim Freyberger, Andreas Neuhierl, and Michael Weber
Discussant/Presenter: Seth Pruitt
Deposit Shocks and Credit Supply: Evidence from U.S. Lottery Winners
Author: Carlos Parra
Discussant/Presenter: Justin Murfin
Family Finances: Intra-Household Bargaining, Spending, and Capital Structure
Author: Arna Olafsson and Michaela Pagel
Discussant/Presenter: Jawad Addoum
3:10 PM to 3:40 PM Break
3:40 PM to 5:00 PM Session 2
Chairperson: Mark Huson
Geographic Momentum
Author: Christophe Parsons, Riccardo Sabbatucci, and Sheridan Titman
Discussant/Presenter: Jonathan Lewellen
Doing Business in Emerging Markets: The Benefits of Being Private
Author: Pablo Slutzky
Discussant/Presenter: Stefan Zeume
Wine Tasting—2010 Barolo, Todd English P.U.B., in the Shops at Crystals
Sunday December 18, 2016
12:30 PM Pre-Meeting Coffee
1:00 PM to 3:00 PM Session 3
Chairperson: Eli Fich
Market Implied Costs of Bankruptcy
Authors: Johann Reindl, Neal Stoughton, and Josef Zechner
Discussant/Presenter: Murray Carlson
The Paradox of Pledgeability
Authors: Jason Roderick Donaldson, Denis Gromb, and Giorgia Piacentino
Discussant/Presenter: Jeffrey Zwiebel
Panel Data Estimation in Finance: Preliminary Assumptions and Parameter Consistency
Authors: William D. Grieser and Charles J. Hadlock
Discussant/Presenter: Todd Gormley
3:00 PM to 3:30 PM Break
3.30 PM to 5:00 PM
Session 4: Early Ideas
Chairperson: Joey Engelberg
Lea Stern, “Shareholders in the Shadow: Governance by 13f v. non-13f Blockholders”
Yao Zeng, “Mutual Fund as Venture Capital? Evidence from Unicorns”
Jason Donaldson, “Netting”
Bruce Carlin, “Over A Barrel: The Effect of Prohibition on the Banking Industry”
Todd Gormley, “The Rise of Common Ownership”
Zoran Ivkovic, “All About the Word of Mouth, no Fundamentals: A Study of Intra-Ethnic Lottery Purchase Spillovers”
6:15 PM Dinner—Mastro’s Ocean Club, in the Shops at Crystals