5th Annual Paul Woolley Centre Conference

The Fifth Annual Conference of The Paul Woolley Centre for the Study of Capital Market Dysfunctionality was held at the London School of Economics on 7-8 June 2012.

The conference comprised of 4 sessions:

1. Incentives of fund managers
2. Asset prices and intermediary capital
3. Information asymmetries and market performance
4. Return predictability and real decisions

View the conference programme

Sessions

Session 1: Incentives of fund managers

Session 2: Asset prices and intermediary capital

Session 3: Information asymmetries and market performance

Session 4: Return predictability and real decisions

  •  Carry (and presentation)
    Ralph S.J. Koijen (Booth and NBER)
    Tobias Moskowitz (Booth and NBER)
    Lass Pederson (NYU Stern School of Business, Copenhagen Business School, CEPR, NBER and AQR Capital Management)
    Evert Vrugt (University of Amsterdam)
    Discussant: Kent Daniel (Columbia University) (Presentation)
  • Cross market timing in security issuance
    Pengje Gao (Mendoza College of Business)
    Dong Lou (LSE)
    Discussant: Adi Sunderam (Harvard Business School) (presentation)