Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 22nd Oct 2025, 09:29:39am KST
PhD Session #1 Location: Studio 4 Session Chair: Snehal Banerjee , University of Michigan
Analysts' Belief Formation in Their Own Words
Shikun {Barry} Ke
Yale University
Discussant: Zhengyang Xu (City University of Hong Kong)
Disagreement, Subjective Uncertainty, and the Stock Market
Jingoo Kwon1 , Seung Hyeong Lee2 , Younggeun Yoo1
1 University of Chicago; 2 Northwestern University
Discussant: Paula Cocoma (Frankfurt School of Finance)
Barriers to Reentry: Initial Borrowing Frictions, Refinancing, and Wealth Redistribution
Heejin Yoon
University of Wisconsin-Madison
Discussant: Poorya Kabir (National University of Singapore)
PhD Session #2 Location: Studio 4 Session Chair: Snehal Banerjee , University of Michigan
Dilutive Financing
Hanjoon Ryu
Duke University
Discussant: Christine Parlour (University of California, Berkeley)
Anything but Equity - On Banks’ Preference for Hybrid Debt
Tanja Brieden
Vienna Graduate School of Finance
Discussant: Edward T. Kim (University of Michigan)
The Value of Contingent Liquidity from Banks to Nonbank Financiers
Chi {"Clara"} Xu
University of Pennsylvania
Discussant: Angela Ma (Boston College)
Institutional Investors Location: Studio 4 Session Chair: Bing Liang , University of Massachusetts Amherst
Private Investments of Corporate Bond Mutual Funds
Jaewon Choi1 , Nan Qin2 , Qifei Zhu3
1 Seoul National University; 2 Northern Illinois University; 3 National University of Singapore
Discussant: Xiao Zhao (Shanghai Advanced Institute of Finance)
Inventory in Liquidity Transformation: Evidence from Corporate Bond ETF Creations
Yingfan Du
Carnegie Mellon University
Discussant: Jian Sun (Singapore Management University)
Remeasuring Scale in Active Management
Shiyang Huang1 , Yang Song2 , Xu Lu2 , Hong Xiang3
1 University of Hong Kong; 2 University of Washington; 3 Hong Kong Polytechnic University
Discussant: Ji-Woong Chung (Korea University)
Using LLM and AI Location: Studio 4 Session Chair: Asaf Manela , Washington University in St. Louis
Harnessing Generative AI for Economic Insights
Manish Jha1 , Jialin Qian1 , Michael Weber2 , Baozhong Yang1
1 Georgia State University; 2 University of Chicago
Discussant: Sophia Kazinnik (Stanford University)
Is There Wisdom Among the DAO Crowd? Evidence from Vote Delegation
Chuxuan Fan1 , Tao Shu2 , Fei Xie3
1 Chinese University of Hong Kong, Shenzhen; 2 Chinese University of Hong Kong; 3 University of Delaware
Discussant: Irene Yi (University of Toronto)
Trading Volume Alpha
Ruslan Goyenko2 , Bryan Kelly3 , Tobias Moskowitz3 , Yinan Su 1 , Chao Zhang4
1 Johns Hopkins University; 2 McGill University; 3 Yale University; 4 Hong Kong University of Science and Technology
Monetary Policy Location: Studio 4 Session Chair: Seung Joo Lee , University of Oxford
Monetary Policy Wedges and the Long-term Liabilities of Households and Firms
Marco Grotteria1 , Jules van Binsbergen2
1 London Business School; 2 University of Pennsylvania
Discussant: Marc Dordal Carreras (Hong Kong University of Science and Technology)
Indebted Supply and Monetary Policy: A Theory of Financial Dominance
Viral Acharya1 , Guillaume Plantin2 , Olivier Wang1
1 New York University; 2 Sciences Po Paris, France
Discussant: Seung Joo Lee (University of Oxford)
The Insurance Channel of Monetary Policy
Jakob Ahm Sørensen1 , Christian Kubitza2 , Dominik Damast 3
1 Bocconi University; 2 European Central Bank; 3 LUISS Guido Carli University
Discussant: Sangmin Simon Oh (Columbia University)
Networks Location: Studio 4 Session Chair: Briana Chang , Hong Kong University of Science and Technology
The Network Structure of Data Economy
Qiushi Huang1 , Bo Bian2 , Ye Li3 , Huan Tang4
1 Shanghai Jiao Tong University; 2 University of British Columbia; 3 University of Washington; 4 University of Pennsylvania
Discussant: Daniel Timothy Chen (Princeton University)
The Different Networks Of Firms Implied By The News
Victor Hilt2 , Gustavo Schwenkler1
1 Santa Clara University; 2 Wellington Management
Discussant: Alexandr Kopytov (University of Rochester)
Greening thy Neighbor: How the US Inflation Reduction Act Drives Climate Finance Globally
Daniel Marcel te Kaat1 , Alexander Raabe2 , Yuanjie Tian3
1 University of Groningen; 2 Asian Development Bank; 3 Southwestern University of Finance and Economics
Discussant: Edward Shore (University of New South Wales)
Consumer Credit Location: Studio 4 Session Chair: Sumit Agarwal , National University of Singapore
Screening Using a Menu of Contracts in Imperfectly Competitive and Adversely Selected Markets
Arthur Taburet
Duke University
Discussant: Poorya Kabir (National University of Singapore)
Short-Term Lending and Usury Limits: Consumer Impact and Market Adaptation
Mark Jansen1 , Zack Liu2 , Ryan Voges3 , Peter Won4
1 University of Utah; 2 University of Houston; 3 University of Utah; 4 University of Utah
Discussant: Shashwat Alok (Indian School of Business)
The Impact of Credit Scores: Evidence from a Natural Experiment
Maya Shaton1 , Nimrod Segev2 , Tali Bank2
1 Ben-Gurion University; 2 Bank of Israel
Discussant: Egle Karmaziene (Vrije Universiteit Amsterdam)
Bank Stability Location: Studio 4 Session Chair: Anastasia Kartasheva , University of St Gallen
Bank Geographic Diversification And Funding Stability
Sebastian Doerr
Bank for International Settlements
Discussant: Anastasia Kartasheva (University of St Gallen)
Do Higher Interest Rates Make The Banking System Safer? Evidence From Bank Leverage
Ali Uppal
Imperial College London
Discussant: Teodora Paligorova (Federal Reserve Board)
Managing Overreaction During a Run
Caio Machado
Pontificia Universidad Católica de Chile
Discussant: Natalya Martynova (Deutsche Bundesbank)