2024 Annual Carey Finance Conference

Calendar
Date: Thursday October 17 – Friday October 18, 2024
Clock
Time: 2:00pm – 5:00pm EST

2024 Annual Carey Finance Conference

The 7th annual Johns Hopkins Carey Finance Conference will be held on Thursday, October 17, and Friday, October 18, 2024, in Baltimore, MD. Registration is now open.

We look forward to seeing you in October. Please contact [email protected], if you have any questions.

Program Chairs: Chris Faulkner-MacDonagh (T. Rowe Price), Pierre Noual (Campbell & Company), and Alessandro Rebucci (Johns Hopkins Carey Business School)

Organizers: Deeksha Gupta and Vadim Elenev, Johns Hopkins Carey Business School

Sponsors: Campbell & Company and T. Rowe Price

Agenda

2 – 2:30 p.m. Welcome and Coffee

2:30 – 2:45 p.m. Opening Remarks Goker Aydin, Johns Hopkins Carey Business School

2:45 – 4:15 p.m. Session 1: Macro-finance Session Chair: Vadim Elenev, Johns Hopkins Carey Business School

A Neoclassical Model of World Financial Cycles Authors: Yan Bai, University of Rochester Patrick J. Kehoe, Stanford University Pierlauro Lopez, Federal Reserve Bank of Cleveland Fabrizio Perri, Federal Reserve Bank of Minneapolis Discussant: Karen Lewis, University of Pennsylvania

Tracing Bank Runs in Real Time Authors: Marco Cipriani, Federal Reserve Bank of New York Thomas Eisenbach, Federal Reserve Bank of New York Anna Kovner, Federal Reserve Bank of Richmond Discussant: Sascha Steffen, Frankfurt School of Finance and Management

4:15 – 4:45 p.m. Break

4:45 – 5:45 p.m. Ph.D. Student Session Session Chair: Sofonias Korsaye, Johns Hopkins Carey Business School

Banking Relationships and Loan Pricing Disconnect Author: Francesco Beraldi, Yale University

Bank Funding to Nonbank Financiers: Risk-Sharing or Regulatory Arbitrage Author: Clara Xu, University of Pennsylvania

Hiding in Plain Sight: Preferred Habitat Effects in Short-Term Rates Author: Edouard Mattille, University of St. Gallen

The Synthetic Dollar Funding Channel of U.S. Monetary Policy Author: Jongho Lee, Columbia University

5:45 – 6 p.m. Honoring Prof. Frank J. Fabozzi

6 - 7 p.m. Reception

7– 9:15 p.m. Dinner at Maximón Restaurant (by invitation)

8 – 8:30 a.m. Breakfast

8:30 – 10:00 a.m. Session 2: Household Finance Session Chair: Pierre Noual, Campbell & Company

Property Taxes and Housing Allocation under Financial Constraints Authors:  Sebastian Golder, University of Hamburg Arpit Gupta, New York University Abdoulaye Ndiaye, New York University Discussant: Caitlin Gorback, University of Texas at Austin

Branching Out Inequality: The Impact of Credit Equality Policies Authors: Jacelly Cespedes, University of Minnesota Erica Xuewei Jiang, University of Southern California Carlos Parra, Pontificia Universidad Católica de Chile Jinyuan Zhang, University of California Los Angeles Discussant: Agustin Hurtado, University of Maryland

10 – 10:30 a.m. Break

10:30 a.m. – 12:00 p.m. Session 3: Environmental and Social Finance Session Chair: Deeksha Gupta, Johns Hopkins Carey Business School

Opening the Brown Box: Production Responses to Environmental Regulation Authors: Rebecca De Simone, London Business School Lakshmi Naaraayanan, London Business School Kunal Sachdeva, University of Michigan Discussant: Jan Starmans, Stockholm School of Economics

Ethics and Trust in the Market for Financial Advisors Authors: Simon Gervais, Duke University John E. Thanassoulis, University of Warwick Discussant: Christian Opp, University of Rochester

Noon –1 p.m. Lunch

1 – 2 p.m. Keynote Speech Session Chair: Alessandro Rebucci, Johns Hopkins Carey Business School Keynote Speaker: Thomas Philippon, New York University

2 – 2:30 p.m. Break

2:30 – 4 p.m. Session 4: Investor Preferences Session Chair: Chris Faulkner-MacDonagh, T. Rowe Price

Granular Treasury Demand with Arbitrageurs Authors: Kristy Jansen, University of Southern California Wenhao Li, University of Southern California Lukas Schmid, University of Southern California Discussant: Quentin Vandeweyer, University of Chicago

ChatGPT and Perception Biases in Investments: An Experimental Study Authors: Anastassia Fedyk, University of California Berkeley Ali Kakhbod, University of California Berkeley Peiyao Li, University of California Berkeley Ulrike Malmendier, University of California Berkeley Discussant: Elena Asparouhova, University of Utah

4 – 5 p.m. Awards Ceremony and Closing Reception