Program 2012 |
sponsored by |
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European Winter Finance Summit March 11 - 14, 2012Parkhotel Sunstar Davos |
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| Sunday, March 11 | |||
| Time | |||
| 17:00-17:45 | Welcome reception | Seminar room: SERTIG | |
| 17:45-18:00 | Introductory remarks | Kjell Nyborg | |
| Time | Presenter | Discussant | Title |
| Session 1 | Chair: Kjell Nyborg University of Zurich |
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| 18:00-18:45 | Rossen Valkanov UC San Diego |
Markus Leippold University of Zurich |
Conditional Skewness of Stock Market Returns in Developed and Emerging Markets and its Economic Fundamentals |
| 18:45-19:30 | Bjørn Eraker University of Wisconsin |
Kristian Miltersen Copenhagen Business School |
Dynamic Present Values and the Intertemporal CAPM |
| 20:00 | Dinner "Parsenn" | ||
| Monday, March 12 | |||
| Time | Presenter | Discussant | Title |
| Session 2 | Chair: Artur Raviv Northwestern University |
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| 08:30 - 09:15 | Nils Friewald WU-Vienna University of Economics and Business |
Claudia Moise Case Western Reserve |
The Cross-Section of Credit Risk Premia and Equity Returns |
| 15:45 - 16:15 | Coffee Snacks | ||
| Session 3 | Chair: Joseph Zechner WU-Vienna University of Economics and Business |
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| 16:15 - 17:00 | Philipp Valta HEC Paris |
Jesse Wang University of Zurich |
Competitive Pressure and Corporate Policies |
| 17:00 - 17:45 | Emilia Garcia-Appendini Bocconi University |
Alex Wagner University of Zurich |
Firms as Liquidity Providers: Evidence from the 2007-2008 Financial Crisis |
| 17:45 - 18:00 | Coffee Break | ||
| 18:00 - 18:45 | Jacob Boudhoukh Arison School of Business, IDC Herzlia |
Henrik Hasseltoft University of Zurich |
A New Look at the Forward Premium Puzzle |
| 18:45 - 19:30 | Pedro Barroso NOVA School of Business and Economics |
Harald Hau University of Geneva |
Beyond the Carry Trade: Optimal Currency Portfolios |
| 20:00 | Dinner "Parsenn" | ||
| Tuesday, March 13 | |||
| Time | Presenter | Discussant | Title |
| Session 4 | Chair: Kjell Nyborg | ||
| 08:15 - 09:30 | Toni Whited University of Rochester |
Keynote lecture | Equity Market Misvaluation and Firm Financial Policies |
| 15:45 - 16:15 | Coffee Snacks | ||
| Session 5 | Chair: Alex Murmann WU-Vienna University of Economics and Business |
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| 16:15 - 17:00 | Marius Jurgilas Norges Bank |
Falko Fecht European Business School |
Implicit Intraday Interest Rate in the UK Unsecured Overnight Money Market |
| 17:00 - 17:45 | Abassi Puriya Deutsche Bundesbank |
Per Oestberg University of Zurich |
Liquidity of Financial Markets and the Demand for Reserves |
| 17:45 - 18:00 | Coffee Break | ||
| 18:00 - 18:45 | András Danis WU-Vienna University of Economics and Business |
Abraham Ravid Rutgers Business School Newark |
Do Empty Creditors Matter? Evidence from Distressed Exchange Offers |
| 18:45 - 19:30 | Nishant Dass Georgia Institute of Technology |
Robert Hauswald American University |
Conflicts of Interest and Financial Contracts: Evidence from Syndicated Loans |
| 20:00 | Fondue Dinner at Strelalp-Schatzalp | ||
| Wednesday, March 14 | |||
| Time | Presenter | Discussant | Title |
| Session 6 | Chair: Einar Bakke University of Gothenburg |
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| 08:30 - 09:15 | Johannes Skjeltorp Norges Bank |
Neal Stoughton WU-Vienna University of Economics and Business |
Sunshine trading: Flashes of trading intent at the NASDAQ |
| 09:15 - 09:30 | Coffee Break | ||
| 09:30 - 10:15 | Semyon Malamud Swiss Federal Institute of Technology, Lausanne |
Stefan Pichler WU-Vienna University of Economics and Business |
Optimal Incentives and Securitization of Defaultable Assets |
| 10:15 - 11:00 | Ron Anderson London School of Economics |
Engelbert Dockner WU-Vienna University of Economics and Business |
Agency, Firm Growth, and Managerial Turnover |
| 11:00 - 11:15 | Final Words | ||