Location: Hotel Arlberghaus, Zürs, Austria
Chair: Josef Zechner (WU Vienna), Rüdiger Weber (WU Vienna)
| Sunday, March 19 | |
| 17:00 – 18:00 | Welcome reception and introductory remarks |
| 18:00 – 19:30 | Session 1: ESG Chair: Kristian Miltersen |
| Dynamic Carbon Emission Management M. Bustamante (University of Maryland), F. Zucchi (Federal Reserve Board) Discussant: Markus Parlasca (WU Vienna) |
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| Do Carbon Prices Affect Stock Returns? P. Bolton (Imperial College London), A. Lam (University of Amsterdam), M. Muuls (Imperial College London) Discussant: Grigory Vilkov (Frankfurt School of Finance & Management) |
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| Monday, March 20 | |
| 08:00 – 08:45 | Session 2: Mutual Funds Chair: Alexander Mürmann |
| Mutual Funds’ Fire Sales and the Real Economy: Evidence from Hurricanes R. Tubaldi (BI Norwegian Business School) Discussant: Rüdiger Weber (WU Vienna) |
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| 17:00 – 19:15 | Session 3: Corporate Finance Chair: Kjell Nyborg |
| Mavericks, Universal, and Common Owners – The Largest Shareholders of U.S. Public Firms A. Amel-Zadeh (University of Oxford), F. Kasperk (University of Oxford), M. Schmalz (University of Oxford) Discussant: Patrick Bolton (Imperial College London) |
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| Why Small Firms Fail to Adopt Profitable Opportunities P. Gertler (UC Berkeley), S. Higgins (Northwestern University), U. Malmendier (UC Berkeley), W. Ojeda (Baruch College) Discussant: Kai Li (UBC Sauder School of Business) |
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| Financing Cycles J. Hajda (HEC Montreal), T. Geelen (Copenhagen Business School), E. Morellec (EPFL), A. Winegar (BI Norwegian Business School) Discussant: Thomas Dangl (Vienna University of Technology) |
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| Tuesday, March 21 | |
| 08:00 – 08:45 | Session 4: Financial Intermediation Chair: Stefan Pichler |
| Borrowing from a Bigtech Platform J. Li (Columbia Business School), S. Pegoraro (University of Notre Dame) Discussant: Ye Li (University of Washington) |
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| 17:00 – 19:15 | Session 5: Banking and household finance Chair: Ernst-Ludwig von Thadden |
| Household Leverage and Labor Market Outcomes Evidence from a Macroprudential Mortgage Restriction G. Kabas (Tilburg University), K. Roszbach (Norges Bank) Discussant: Ramin Baghai (Stockholm School of Economics) |
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| Cultural Stereotypes of Multinational Banks B. Eichengreen (University of California), O. Saka (University of London) Discussant: Matteo Crosignani (Federal Reserve Bank of New York) |
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| Bank Funding Risk, Reference Rates, and Credit Supply H. Cooperman (Stanford), D. Duffie (Stanford), S. Luck (Federal Reserve Bank of New York), Z. Wang (Stanford), Y. Yang (Stanford) Discussant: Rainer Haselmann (Goethe University Frankfurt) |
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| Wednesday, March 22 | |
| 08:00 – 09:30 | Session 6: Asset pricing Chair: Josef Zechner |
| International Capital Markets and Wealth Transfers M. Dahlquist (Stockholm School of Economics), A. Pavlova (London Business School), C. Heyerdahl-Larsen (Kelley School of Business) J. Penasse (University of Luxembourg) Discussant: Andrea Vedolin (Boston University) |
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| The Term Structure of Cash Flow Risk D. Pettenuzzo (Brandeis University), R. Sabbatucci (Stockholm School of Economics) Discussant: Philippe Mueller (Warwick Business School) |
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| 09:40 – 10:00 | IQAM Research Center Best Discussant Prize |