2005 Five-Star Conference
This conference brings together finance researchers from several northeastern universities. We invite colleagues at all schools in the northeast, and others interested in current finance research, to a day of research presentations in finance. Faculty from each of the program participant schools will present one of the papers on the program. Sponsored by Deutsche Bank and NYU Salomon Center Program Participants from Columbia University | New York University | Princeton University University of Pennsylvania | Yale University |
Date: | Friday, December 2, 2005 9:00 am - 5:45 pm |
Location: | New York University Stern School of Business KMC 1-70 44 West Fourth Street New York, NY 10012 |
Directions to Stern: | |
Organizers: | Professor Yakov Amihud Professor Kose John |
Coordinator: | Mary Jaffier mjaffier@stern.nyu.edu (212) 998-0700 |
Registration: | To register for the conference, please email Ms. Jaffier by November 23. Indicate your name, university/affiliation, and email address in your response. |
Special Request from Organizers: | Last year there was a large number of people who registered and did not show up. Please understand that this creates difficulties in organization and catering. We would like to ask you to register only if you are reasonably sure of being able to attend. And, if after having registered you find out that you are unable to attend, please let Mary Jaffier know by November 23. |
PROGRAM |
Friday, December 2 |
9:00 | Registration and Continental Breakfast | |
9:30 | Introduction Matthew Richardson, Director, NYU Salomon Center Opening Remarks Peter Garber, Global Strategist, Deutsche Bank | |
9:45 | Chair: TBA Ruslan Bikbov and Mikhail Chernov, Columbia University “No-Arbitrage Macroeconomic Determinants of the Yield Curve” Discussant: Stijn Van Nieuwerburgh, New York University | |
10:45 | Refreshment Break | |
11:00 | Chair: Geert Bekaert, Columbia University Markus K. Brunnermeier, Princeton University and Lasse Heje Pedersen, New York University “Market Liquidity and Funding Liquidity” Discussant: Charles Jones, Columbia University | |
12:00 | Refreshment Break | |
12:15 | Chair: Franklin Allen, University of Pennsylvania Hongjun Yan, Yale University “Natural Selection in Financial Markets: Does It Work?” Discussant: Jose A. Scheinkman, Princeton University | |
1:15 | Luncheon | |
2:15 | Chair: Yacine Aït-Sahalia, Princeton University Jacob Boudoukh, Matthew Richardson and Robert F. Whitelaw, New York University “The Myth of Long-Horizon Predictability” Discussant: Motohiro Yogo, University of Pennsylvania | |
3:15 | Refreshment Break | |
3:30 | Chair: Matthew Spiegel, Yale University Michael L. Lemmon, University of Utah, Michael R. Roberts, University of Pennsylvania, and Jaime F. Zender, University of Colorado at Boulder ”Back to the Beginning: Persistence and the Cross-Section of Corporate Capital Structure” Discussant: William N. Goetzman, Yale University | |
4:45 | Reception |
