Utah Winter Finance Conference - Welcome

2012 Conference Papers

PAPER	VIDEO LINKS
Pricing Model Performance and the Two-Pass Cross Sectional Regression Methodology Authors: Raymond Kan (Toronto), Cesare Robotti (Fed Reserve /EDHEC), Jay Shanken (Emory)	Paper Video Discussion Video
Investment Flexibility and Stock Returns Authors: Dirk Hackbarth (Illinois at Urbana-Champaign) Timothy C. Johnson (Illinois at Urbana-Champaign)	Paper Video Discussion Video
Mutual Fund Families and Performance Evaluation Authors: David Brown (Wisconsin-Madison) Youchang Wu (Wisconsin-Madison)	Paper Video Discussion Video
The Design of Mortgage-Backed Securities and Servicer Contracts Authors: Pegaret Pichler (Northeastern) Robert Mooradian (Northeastern)	Paper Video Discussion Video
Health and Mortality Delta: Assessing the Welfare Costs of Household Insurance Choice Authors: Ralph Koijen(Chicago) Stijn Van Nieuwerburgh(NYU), Motohiro Yogo(Minneapolis FED)	Paper Video Discussion Video
Political Uncertainty and the Risk Premia Authors: Lubos Pastor (Chicago), Pietro Veronesi (Chicago)	Paper Video Discussion Video
The Impact of Incentives and Communication Costs on Information Production: Evidence from Bank Lending Authors: Jun Qian (Boston College), Philip Strahan (Boston College and NBER), Zhishu Yang (Tsinghua Univ)	Paper Video Discussion Video
The Risk-Taking Incentives of Money Market Funds AUthors: Marcin Kacperczyk (NYU) Philipp Schnabl (NYU)	Paper Video Discussion Video
Financing Investment with Long-Term Debt and Uncertainty Shocks Authors: Michael Michaux (Univ of Southern California) Francois Gourio (Boston)	Paper Video Discussion Video
The evolution of capital structure and operating performance after leveraged buyouts: Evidence from U.S. corporate tax returns Authors: Jonathan Cohn (UT Austin), Lillian Mills (UT Austin), Erin Towery (UT Austin)	Paper Video Discussion Video

2011 Conference Papers

PAPER	VIDEO LINKS
Anticipation, Acquisitions and Bidder Returns: Industry Shocks and the Transfer of Information across Rivals BY: Jay Cai (Drexel), Moon H. Song (San Diego State), and Ralph Walkling (Drexel)	Paper Presentation Paper Discussion
Public information and IPO Underpricing BY Einar Bakke, Tore Leite, and Karin Thorburn (all at Norwegian School)	Paper Presentation Paper Discussion
The Demographics of Innovation and Asset Returns BY Nicolae Garleanu (Berkeley) Leonid Kogan (MIT), and Stavros Panageas (Chicago)	Paper Presentation Paper Discussion
Betting Against Beta BY Andrea Frazzini (AQR) and Lasse Pedersen (NYU)	Paper Presentation Paper Discussion
Finding a Good Price in Opaque Over-the-Counter Markets BY Haoxiang Zhu (Stanford)	Paper Presentation Paper Discussion
Cross-listing, Investment Sensitivity to Stock Price and the Learning Hypothesis BY Thierry Foucault (HEC) and Laurent Fresard (HEC)	Paper Presentation Paper Discussion
Information Content when Mutual Funds Deviate from Benchmarks BY Hao Jiang , Marno Verbeek, and Yu Wang (all at Erasmus)	Paper Presentation Paper Discussion
Bad Advice: Explaining the Persistence of Whole Life Insurance BY Santosh Anagol (Penn), Shawn Cole (Harvard ), and Shayak Sarkar (Harvard )	Paper Presentation Paper Discussion
Is There Price Discovery in Equity Options? BY Dmitriy Muravyev (Illinois), Neil Pearson (Illinois), and John Broussard (Rutgers)	Paper Presentation Paper Discussion
Who Writes the News? Corporate Press Releases During Merger Negotiations BY Kenneth R. Ahern (Michigan) and Denis Sosyura (Michigan)	Paper Presentation Paper Discussion

2010 Conference Papers

PAPER	VIDEO LINKS
Do Powerful Politicians Cause Corporate Downsizing? BY: Lauren Cohen (Harvard), Joshua Coval (Harvard), Chris Malloy (Harvard)	Paper & Discussion Discussion Only
Nature or Nurture: What Determines Investor Behavior? BY Amir Barena (Claremont McKenna College), Henrik Cronqvist (Claremont McKenna College), Stephan Siegel (Univ of Washington)	Paper & Discussion Discussion Only
Performance of institutional trading desks: An analysis of persistence in trading costs. BY Amber Anand (Syracuse Univ), Paul Irvine (Univ of Georgia), Andy Puckett (Univ of Tennessee), Kumar Venkataraman (Southern Methodist Univ)	Paper & Discussion Discussion Only
Trading Frenzies and Their Impact on Real Investment. BY Itay Goldstein (Wharton), Emre Ozdenoren (London Business School), Kathy Yuan (London School of Econ)	Paper & Discussion Discussion Only
The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk-Sharing in General Equilibrium BY Jack Favilukis (LSE), Sydney Ludvigson (NYU), Stijn Van Nieuwerburgh (NYU)	Paper & Discussion Discussion Only
Can psychological aggregation manipulations affect portfolio risk-taking? Evidence from a framed field experiment. BY John Beshears (NBER), James Choi (Yale), David Laibson (Harvard), Brigitte Madrian (Harvard)	Paper & Discussion Discussion Only
Do Smart Investors Outperform Dumb Investors? BY Mark Grinblatt (UCLA), Juhani Linnainmaa (Univ of Chicago), Matti Keloharju (Helsinki School of Econ)	Paper & Discussion Discussion Only
How are Shorts Informed? Short Sellers, News, and Information Processing. BY Joseph Engelberg (UNC Chapel Hill), Adam Reed (UNC Chapel Hill), Matthew Riggenberg (UNC Chapel Hill)	Paper & Discussion Discussion Only
How Much Do Investors Care About Macroeconomic Risk? Evidence From Scheduled Economic Announcements BY Pavel Savor (Wharton), Mungo Wilson (Said Business School - Oxford)	Paper & Discussion Discussion Only