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