First annual conference papers

The papers that were presented at the First Annual Conference are listed below. Please click on the paper title to download the pdf. file.

Session 1: Behavioural Finance

 

• Media Coverage and Investors' Attention to Earnings Announcements
  by Joel Peress (INSEAD)
• Realization Utility
  by Nick Barberis (Yale University) and Wei Xiong (Princeton University)

Session 2: Incentives of Fund Managers and Pricing Implications

• Fund Managers and Defaultable Debt
  by Veronica Guerrieri (University of Chicago) and Peter Kondor (University of Chicago)
• Institutional Investors, Intangible Information and the Book-to-Market Effect
  by Hao Jiang (RSM Erasmum University)
• Do Hedge Funds Profit From Mutual-Fund Distress?
  by Joseph Chen (USC), Samuel Hanson (Harvard University), Harrison Hong (Princeton University) and Jeremy C. Stein (Harvard University and NBER)

Session 3: Collateral Constraints and Asset Pricing

• Collateral, Financial Intermediation, and the Distribution of Debt Capacity
  by Adriano Rampini (Duke University) and S. Viswanathan (Duke University)
• Moral Hazard, Collateral and Liquidity
  Viral Acharya (London Business School and CEPR) and S. Viswanathan (Duke University)

Session 4: Asset pricing and macro

• Booms, Crashes and Choking in the Finance Sector and Other Speculative Industries
  Bruno Biais (University of Toulouse), Jean-Charles Rochet (University of Toulouse) and Paul Woolley (London School of Economics)
• The Aggregate Demand for Treasury Debt
  Annette Vissing-Jorgensen (Northwestern University, NBER and CEPR) and Arvind Krishnamurthy (Northwestern University)
• Carry Trades and Currency Crashes
  Markus Brunnermeier (Princeton University, NBER and CEPR), Stefan Nagel (Stanford University and NBER) and Lasse H. Pendersen (New York University, NBER and CEPR)