Program for the 16th Annual Meeting of the Financial Research Association

Encore Hotel – Brahms 3 & 4

Saturday, December 7, 2019

12:30 PM Pre-Meeting Coffee

1:00 PM Introductory Remarks

1:10 PM to 3:10 PM Session 1
Chairperson: Jeff Zwiebel

Do Cash Windfalls Affect Wages? Evidence from R&D Grants to Small Firms
Authors: Sabrina Howell and J. David Brown
Discussant/Presenter: Cesare Fracasi

Capital Budgeting and Idiosyncratic Risk 
Author: Paul Decaire
Discussant/Presenter: James Weston

Reusing Natural Experiments
Authors: Davidson Heath, Mehrdad Samadi, Matthew Ringgenberg and Ingrid Werner
Discussant/Presenter: Sophie Shive

3:10 PM to 3:40 PM Break

3:40 PM to 5:00 PM Session 2
Chairperson: Mike Hertzel

Speed Choice by High-Frequency Traders with Speed Bumps
Author: Jun Aoyagi
Discussant/Presenter: Ohad Kadan

Understanding Momentum and Reversal
Authors: Bryan Kelly, Tobias Moskowitz and Seth Pruitt
Discussant/Presenter: Andrei Goncalves

6:00 PM Wine Tasting—Rí Rá Irish Pub (+1/companion welcome)

Sunday December 8, 2019

12:30 PM Pre-Meeting Coffee

1:00 PM to 3:00 PM Session 3
Chairperson: Chris Parsons

Gig-Labor: Trading Safety Nets for Steering Wheels
Authors: Vyacheslav Fos, Naser Hamdi, Ankit Kalda and Jordan Nickerson
Discussant/Presenter: Isaac Hacamo

Authors: Caitlin Dannhauser and Jeffrey Pontiff
Discussant/Presenter: Clemens Sialm

Ownership, Learning and Beliefs
Authors: Samuel Hartzmark, Samuel Hirshman and Alex Imas
Discussant/Presenter: Gennaro Bernile

3:00 PM to 3:30 PM Break

3.30 PM to 5:00 PM Session 4
Early Ideas Chairperson: Kristine Hankins

Mahyar Kargar (Illinois) “Who Pays for Underfunded Pensions? Evidence from Homeowners”

Alberto Teguia (UBC) “Asset Prices and Liquidity with Market Power and non-Gaussian Payoffs”

Gennaro Bernile (Miami) “Stock Market Experience and Investor Confidence: Reverse Self-Attribution?”

Todd Gormley (Wash U) “An Indirect Voice: Do Bonds Affect Equity Monitoring?”

Stefan Zeume (Illinois) “What happens in Vegas: Home Bias in the Environmental and Social (ES) Dimension”

Chris Clifford (Kentucky) “Filing Agents”

6:15 PM Conference Dinner—Joe’s Seafood, Prime Steak & Stone Crab, The Forum Shops at Caesars, 3500 S Las Vegas Blvd (Conference Registrants Only)