2016 Program

11:30-12:45 p.m.

Lunch and pick up conference materials (Dodge Hall)

12:45-1:00 p.m.

Opening remarks: Hugh Courtney, Dean, D'Amore-McKim School of Business
Announcements: Jayant Kale

1:00-2:00 p.m.

“Portfolio Similarity and Asset Liquidation in the Insurance Industry”
Chair: KC Zheng
Presenter: Mila Getmansky (University of Massachusetts – Amherst)
Discussant: Pab Jotikasthira (University of North Carolina – Chapel Hill)

2:00-2:15 p.m.

Break

2:15-3:15 p.m.

“Rolling Mental Accounts”
Chair: Pegaret Pichler
Presenter: Samuel Hartzmark (University of Chicago – Booth )
Discussant: Jeff Pontiff (Boston College)

3:15-3:30 p.m.

Break

3:30-4:30 p.m.

“Liquidity Transformation in Asset Management: Evidence from the Cash Holdings of Mutual Funds”
Chair: Anya Mkrtchyan
Presenter: Adi Sunderam (Harvard University)
Discussant: Radhakrishnan Gopalan (Washington University – St. Louis)

6:00-9:00 p.m.

Conference reception at Skywalk Observatory, Prudential Building

8:00-9:00 a.m.

Breakfast

9:00-10:00 a.m.

“Outsourcing vs. Integration in the Mutual Fund Industry: An Incomplete Contracting Perspective”
Chair: Felipe Cortes
Presenter: Richard Evans (University of Virginia – Darden)
Discussant: Todd Gormley (University of Pennsylvania – Wharton)

10:00-10:15 a.m.

Break

10:15-11:15 a.m.

“Matching Capital and Labor”
Chair: Linlin Ma
Presenter: Jules H. van Binsbergen (University of Pennsylvania – Wharton)
Discussant: Ravi Jagannathan (Northwestern University – Kellogg)

11:15-11:30 a.m.

Break

11:30-12:30 p.m.

“Trust Busting: The Effect of Fraud on Investor Behavior”
Chair: Niki Boyson
Presenter: Scott Yonker (Cornell University)
Discussant: Alexander Dyck (University of Toronto)

12:30-1:45 p.m.

Lunch

1:45-2:45 p.m.

“Analyst Promotions within Credit Rating Agencies: Accuracy or Bias?”
Chair: Tiantian Gu
Presenter: Jonathan Reuter (Boston College)
Discussant: Vikram Nanda (University of Texas at Dallas)

2:45-3:00 p.m.

Break

3:00-4:00 p.m.

“Asset Pricing with Heterogeneous Benchmarking”
Chair: John Bai
Presenter: Andrea Buffa (Boston University)
Discussant: Fernando Zapatero (University of Southern California)

4:00 p.m.

Closing remarks by Rajesh Aggarwal