2024 Annual Carey Finance Conference

Thursday, October 17

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)

Friday, October 18

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