Program 2020

European Winter Finance Summit, March 22 – 25, 2020

The Conference in 2020 had to be cancelled due to the Covid-19 pandemic.

Location: Hotel Alex, Zermatt (Switzerland)
Chairs: Kjell Nyborg (University of Zurich and SFI), Per Östberg (University of Zurich and SFI)

S U N D A Y, March 22
17:00 - 17:50Welcome reception in the Lobby-Bar
17:50 - 18:00Introductory remarks by Kjell Nyborg (University of Zurich and SFI)
18:00 - 19:30Session 1 (Chair: Kjell Nyborg, University of Zurich and SFI)
18:00 - 18:45Taking Sides on Return Predictability
Robert David Mc Lean (Georgetown University)
Discussant: Johnathan Berk (Stanford Graduate School of Buiness)
18:45 - 19:30Dealer-Funding-and-Market-Liquidity
John Kuong (INSEAD)
Discussant: Ye Li (Ohio State University)
20:00Dinner
M O N D A Y, March 23
08:00 - 09:30Session 2 (Chair: Kristian Miltersen, Copenhagen Business School)
08:00 - 08:45Conflicting-Priorities_A-Theory-of-Covenants-and-Collateral
Giorgia Piacentino (Columbia Business School)
Discussant: David Pothier (University of Vienna)
08:45 - 09:30Regulators' Disclosure Decisions: Evidence from Bank Enforcement
Anya Kleymenova (The University of Chicago Booth School of Business)
Discussant: Christian Laux (WU Vienna University of Economics and Business)
17:00 - 19:30Session 3 (Chair: Per Östberg University of Zurich and SFI)
17:00 - 17:45Frequency Dependent Risk
Andreas Neuhierl (University of Notre Dame, USA)
Discussant: Grigory Vilkov (Frankfurt School of Finance & Management)
17:45 - 18:30Commonality in Credit Spread Changes: Dealer Inventory and Intermediary Distress
Paymon Khorrami (Imperial College London, United Kingdom)
Discussant: Alexandre Jeanneret (HEC Montréal)
18:30 - 18:45Coffee, snacks and light refreshments in the Lobby-Bar
18:45 - 19:30Talking About the Weather: Understanding Household Demand for Green Investment
Anders Anderson (Stockholm School of Economics)
Discussant: Markus Leippold (University of Zurich)
20:00Dinner
T U E S D A Y, March 24
08:00 - 09:30Session 4 (Chair: Stefan Bogner WU Vienna University of Economics and Business)
08:00 - 08:45Dissecting the Effect of Financial Constraints on Small Firms
Su Wang (University of Amsterdam, NL)
Discussant: Alexander Wagner (University of Zurich)
08:45 - 09:30The Sources of Financing Constraints
Boris Nikolov (University of Lausanne / SFI, Switzerland)
no discussant / paper accepted
16:15 - 16:45Coffee, snacks and light refreshments in the Lobby-Bar
17:00 - 18:30Session 5 (Chair: Stefan Pichler (WU Vienna University of Economics and Business)
17:00 - 17:45Deposit Market Power, Funding Stability and Long-Term Credit
Elena Loutskina (University of Virginia)
Discussant: Mascia Bedendo (University of Bologna)
17:45 - 18:30Monetary Policy, Bank Lending, and Financial Stability in a Currency Union: Does One Size Fit All?
Farzad Saidi (Boston University)
Discussant: Jiri Woschitz (University of Zurich)
19:15 - 20:15Transfer
20:15Fondue Dinner
W E D N E S D A Y, March 25
08:15 - 09:45Session 6 (Chair: Alexander Mürmann (WU Vienna University of Economics and Business)
08:15 - 09:00The Price of Higher Order Catastrophe Insurance: The Case of VIX
Björn Eraker (Wisconsin School of Business)
Discussant: tbc
09:00 - 09:45Forced_Feminist_Firms
Zexi Wang (Lancaster University)
Discussant: Kristian Miltersen, Copenhagen Business School
09:50 - 10:15Sudipto Bhattacharya Memorial Prize
10:15 - 10:30Wrap up and closing remarks by Kjell Nyborg