Friday, October 9

Kelley School of Business, Hodge Hall 1000

8:00–8:30 — Breakfast, Welcoming Remarks

Assets (Session Chair: Eitan Goldman)

8:30–9:20 — Optimal Index-Linked Rebalancing with Anticipatory Trading
Authors: Stefano Pegoraro (Notre Dame), Marco Sammon (Harvard), John Shim (Notre Dame)
Discussants: Empirical — Alessandro Melone (Ohio State); Theory — Yu An (Johns Hopkins)

9:20–10:10 — Smart Contracting in Network Markets
Authors: Darrell Duffie (Stanford), Chaojun Wang (Wharton)
Discussants: Empirical — Dmitry Chebotarev (Indiana); Theory — Maren Vairo (Wharton)

10:10–10:30 — Coffee Break

Credit (Session Chair: Nandini Gupta)

10:30–11:20 — The Declining Role of Deposits in Credit Creation
Authors: Stefan Walz (Boston College), Naz Koont (Stanford)
Discussants: Empirical — Mayur Choudhary (Indiana); Theory — Nicolas Inostroza (Toronto)

11:20–12:10 — When Funding Markets Move Credit Markets: Foreign Investors and U.S. CLOs
Authors: Amy Huber (Wharton), Shohini Kundu (UCLA)
Discussants: Empirical — Yoshio Nozawa (Toronto); Theory — Dongchen Zou (Indiana)

12:10–1:20 — Lunch (Sponsored by WRDS), Hodge Hall Room 4016

Households (Session Chair: Noah Stoffman)

1:20–2:10 — Financial Supermarkets? Cross-Selling in Retail Banking
Authors: Shengmao Cao (Northwestern), Lulu Wang (Northwestern)
Discussants: Empirical — Stefan Lewellen (Penn State); Theory — Xu Lu (Washington)

2:10–3:00 — Employee Forgivable Loans
Authors: Alexandru Barbu (INSEAD), Yiran Wang (INSEAD)
Discussants: Empirical — Paul Freed (Virginia); Theory — Alessio Piccolo (Indiana)

3:00–3:20 — Coffee Break

Managers (Session Chair: Wenyu Wang)

3:20–4:10 — Taxing Executive Compensation for Social Missions
Authors: Xuelin Li (Columbia)
Discussants: Empirical — Lin Zhao (Indiana); Theory — Shaoting Pi (Iowa State)

4:10–5:00 — The Organizational Design of Innovation
Authors: Felix Feng (Georgia), Brett Green (WashU), Curtis Taylor (Duke), Mark Westerfield (Washington)
Discussants: Empirical — Michael Woeppel (Indiana); Theory — Felipe Varas (UT Dallas)

6:00–9:00 — Wine Tasting and Dinner (Sponsored by the RCFS), Oliver Winery, Bloomington, Indiana

Saturday, October 10

Kelley School of Business, Hodge Hall 1000

8:00–8:30 — Breakfast

Markets (Session Chair: Chuck Trzcinka)

8:30–9:20 — The Value of Compliance Carbon Offsets in Cap-and-Trade Markets
Authors: Aymeric Bellon (UNC), Deeksha Gupta (Johns Hopkins), Tarun Ramadorai (LSE and Imperial), Federica Zeni (SFI)
Discussants: Empirical — Mathias Kruttli (Indiana); Theory — Michael Barnett (Arizona State)

9:20–10:10 — Causal Inference in Financial Event Studies
Authors: Paul Goldsmith-Pinkham (Yale), Tianshu Lyu (Yale)
Discussants: Empirical — Tony Cookson (Penn State); Theory — Rui Da (Indiana)

10:10–10:30 — Coffee Break

Homes (Session Chair: Andrew Ellul)

10:30–11:20 — A Danish Fix for U.S. Mortgage Lock-In?
Authors: Fabrice Tourre (Baruch), David Berger (Duke), Jaehun Jeong (Duke), Julie Marx (Copenhagen Business School), Maria Olesen (Copenhagen Business School)
Discussants: Empirical — James Vickery (Philadelphia Fed); Theory — Bulent Guler (Indiana)

11:20–12:10 — The Winner’s Curse in Housing Markets
Authors: Steve Choi (RIT), Adam Nowak (West Virginia), Patrick Smith (UNC Charlotte), Alexei Tchistyi (Cornell)
Discussants: Empirical — Seohee Kim (Indiana); Theory — Brian Waters (Colorado)

12:10–1:30 — Lunch / Adjourn (Sponsored by the RCFS and WRDS), Godfrey Atrium
Awarding the RCFS Holden Best Paper Award, WRDS Best Theory Discussant Award and WRDS Best Empirical Discussant Award

Conference Sponsors

Center for Real Estate Studies
Kelley School of Business
Review of Corporate Finance Studies
Wharton Research Data Services