Preliminary Program
Summer Institute of Finance
July 17-19, 2014, at Pullman, Lijiang, China Wednesday,July 16,2014
Registration and Reception: 7:00pm-8:30 pm (Location: Tianlu Library, Pullman, Lijiang)
Day One---China Session, Thursday, July 17, 9:00am-12:20pm
Day Two, Friday, July 18
Morning Session: 9:00am-12:20pm Macroeconomic Risks and Asset Pricing: Evidence from a Dynamic Stochastic General Equilibrium Model Erica Li, Cheung Kong Graduate School of Business Haitao Li, Cheung Kong Graduate School of Business Cindy Yu, Iowa State University Discussant: Pengfei Wang, HKUST Market Power and Capital Flexibility: A New Perspective on the Pricing of Technology Shocks Lorenzo Garlappi, University of British Columbia Zhongzhi Song, Cheung Kong Graduate School of Business Discussant: Harold Zhang, University of Texas at Dallas Coffee Break (20 minutes) Debt Covenant Violations and Trade Credit Zilong Zhang, HKUST Discussant: Fan Yu, Claremont McKenna College Corporate Finance and Risky Inalienable Human Capital Patrick Bolton, Columbia University Neng Wang, Columbia University Jinqiang Yang, Shanghai University of Finance & Economics Discussant: Henry Cao, CKGSB Lunch: 12:30pm - 1:30pm Afternoon Session: 2:00pm-5:20pm Security Design in a Production Economy with Flexible Information Acquisition Yao Zeng, Harvard University Ming Yang, Fuqua School of Business, Duke University Discussant: Mark Loewenstein, Robert H. Smith School of Business, University of Maryland The Interbank Market Run and Creditor Runs Xuewen Liu, HKUST Discussant: Michael Brennan, UCLA Coffee Break (20 minutes) Good Disclosure, Bad Disclosure Itay Goldstein, Department of Finance, Wharton School, University of Pennsylvania Liyan Yang, Rotman School, University of Toronto Discussant: Grace Xing Hu, The University of Hong Kong Rare Disaster Concerns Everywhere Zhaogang Song, Federal Reserve Board George Gao, Cornell University Discussant: Kewei Hou, Ohio State University Dinner: 6.30pm (Location: ZUN-Chinese Restaurant, Pullman, Lijiang) |