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**INDIA RESEARCH CONFERENCE**

The Inaugural India Research Conference at NYU Stern was held on May 20.

**Session 1:**

**Foreign Fund Flows and Asset Prices: Evidence from the Indian Stock Market ([PAPER](http://www.stern.nyu.edu/sites/default/files/assets/documents/Foreign%20Fund%20Flows%20May_2016.pdf))**
**Viral V. Acharya** (NYU Stern), V. Ravi Anshuman (Indian Institute of Management Bangalore),
K. Kiran Kumar (Indian Institute of Management Indore) **([SLIDES](http://www.stern.nyu.edu/sites/default/files/assets/documents/FII%20Flows_India%20Research_20_May2016_Final.ppt%20%281%29.pdf))**
Discussant: **Heather Tookes** (Yale University School of Management) **([SLIDES](http://www.stern.nyu.edu/sites/default/files/assets/documents/Acharya_Anshuman_Kumar_Discussion.pdf))**
Session Chair: **Jennifer Carpenter** (NYU Stern School of Business)

**Video: [Session 1](http://nyustern.mediasite.com/Mediasite/Play/bc9002e84cf1471ea98ab37b53ef61041d)**

**Session 2:**
**Non-Rating Revenue and Conflicts of Interest ([PAPER](http://www.stern.nyu.edu/sites/default/files/assets/documents/Baghai%20Becker%202016%2004%2012%20%281%29.pdf))**
**Ramin P. Baghai** (Stockhold School of Economics), Bo Becker (Stockholm School of Economics)
Discussant: **Krishnamurthy Subramanian** (Indian School of Business) **([SLIDES](http://www.stern.nyu.edu/sites/default/files/assets/documents/NYU-2016-Discussion%20%282%29.pdf))**
Session Chair: **David Yermack** (NYU Stern School of Business)

**Video:** [**Session 2**](http://nyustern.mediasite.com/Mediasite/Play/b2cadf294bb644c285ad4f70b27be7291d)

**Session 3:**
**Stock Market Liquidity: Role of Short-term and Long-term Traders**
**Mila Getmansky** (University of Massachusetts at Amherst),
Ravi Jagannathan (Northwestern University Kellogg School of Business),
Loriana Pelizzon (Goethe University), Ernst Schaumburg (Federal Reserve Bank of New York) **([SLIDES](http://www.stern.nyu.edu/sites/default/files/assets/documents/Slides%20shorter%20version_NYUnew.pdf))**
Discussant: **Ashok Banerjee** (Indian Institute of Management Calcutta) **([SLIDES](http://www.stern.nyu.edu/sites/default/files/assets/documents/Stock%20Market%20Liquidity-Discussion%20%281%29.pdf))**
Session Chair: **Viral Acharya** (NYU Stern School of Business)

**Video: [Session 3](http://nyustern.mediasite.com/Mediasite/Play/f84da130f127437995e6b37b92bc3cb11d)**

**Keynote Address
John Lipsky** (Former First Deputy Director of the International Monetary Fund)

**Video: [Keynote Address](http://nyustern.mediasite.com/Mediasite/Play/037b0ac4df61488b92f4dd223713278a1d)**

**Session 4:**
**The Transmission of Monetary Policy *Within* Banks: Evidence from India**
Abhiman Das (Reserve Bank of India), **Prachi Mishra** (Reserve Bank of India),
N.R. Prabhala (University of Maryland and CAFRAL India) **([SLIDES](http://www.stern.nyu.edu/sites/default/files/assets/documents/NYU-May-2016.pdf))**
Discussant: **Amartya Lahiri** (University of British Columbia) **([SLIDES](http://www.stern.nyu.edu/sites/default/files/assets/documents/DasMishraPrabhala-discuss_Lahiri%20%281%29.pdf))**
Session Chair: **Philipp Schnabl** (NYU Stern School of Business)

**Video: [Session 4](http://nyustern.mediasite.com/Mediasite/Play/569bfb328573446e90ee2a481f02a28b1d)**

**Session 5:**
**Auctioning the Underwriting Spread: Implications for Information Production and Insurance**
Sudip Gupta (Indiana University), Rangarajan K. Sundaram (NYU Stern School of Business), **M. Suresh Sundaresan** (Columbia University)
Discussant: **Michael Fleming** (Federal Reserve Bank of New York)
Session Chair: **Jennifer Carpenter** (NYU Stern School of Business)

**Video: [Session 5](http://nyustern.mediasite.com/Mediasite/Play/8e267c152c98482dbd6369faf0370e501d)**

**Session 6:**
**Panel Discussion: Unleasing Growth in Rural India**- **Prachi Mishra** (Reserve Bank of India, *de novo* and e-payment banks)
- **Venkatesh Panchapagesan** (Indian Institute of Management Bengaluru, Land market reforms)
- **Ashu Suyash** (Managing Director and Chief Executive Officer, CRISIL Subsidy Programs)
- **Moderator:** Marti G. Subrahmanyam (NYU Stern School of Business)

**Video: [Session 6](http://nyustern.mediasite.com/Mediasite/Play/7df30801f67e41209421ea57ba6a9b311d)

Date:**
Friday, May 20, 2016

**Photos:**

**Sp****onsored by**
[The Financial Research and Trading Laboratory,
Indian Institute of Management, Calcutta](http://financelab.iimcal.ac.in/)

**Hosted by**
[The NYU Stern Center for Global Economy and Business](http://www.stern.nyu.edu/experience-stern/about/departments-centers-initiatives/centers-of-research/global-economy-business)
[The NYU Stern Salomon Center for the Study of Financial Institutions](http://www.stern.nyu.edu/experience-stern/about/departments-centers-initiatives/centers-of-research/salomon-center-for-the-study-of-financial-institutions)

![Logos](http://www.stern.nyu.edu/sites/default/files/assets/images/India%20Conference%20Logo%20copy.jpg)