2022 Carey Finance Conference
The 5th Johns Hopkins Carey Finance Conference was held at the Johns Hopkins Carey Business School, Johns Hopkins University, Baltimore MD, on Friday, October 21, 2022.
This one-day conference featured 7 paper presentations with discussants and floor discussion. The keynote speaker was Maureen O'Hara, Robert W. Purcell Professor of Finance and Professor of Economics, Cornell University Samuel Curtis Johnson Graduate School of Management.
The Baltimore-based hedge funds Campbell & Company and T. Rowe Price Investment Services, Inc. co-sponsored the event.
For questions, please email carey_OFR@jhu.edu.
Fast Facts
When
Where
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Sponsors
Campbell & Company
T. Rowe Price Investment Services, Inc.
Agenda
7:30 - 8:00 a.m. Continental Breakfast
8:00 - 8:10 a.m. Welcome Remarks
Goker Aydin, Professor and Vice Dean for Faculty and Research, Johns Hopkins University Carey Business School
8:10 - 9:50 a.m. Session 1
Fragility of Safe Asset Markets
Authors:
Thomas M. Eisenbach, Federal Reserve Bank of New York
Gregory Phelan, Williams College
Watch the presentation here.
Discussant: Wenhao Li, University of Southern California
Watch the presentation here.
The Rising Tide Lifts Some Interest Rates: Climate Change, Natural Disasters, and Loan Pricing
Authors:
Ricardo Correa, Board of Governors of the Federal Reserve System
Ai He, University of South Carolina
Christoph Herpfer, Emory University
Ugur Lel, University of Georgia
Watch the presentation here.
Discussant: Constantine Yannelis, University of Chicago
Watch the presentation here.
9:50 - 10:05 a.m. Break
10:05 - 11:45 a.m. Session 2
Central Bank Digital Currency and Banks
Authors:
Toni M. Whited, University of Michigan
Yufeng Wu, University of Illinois at Urbana–Champaign
Kairong Xiao, Columbia University
Watch the presentation here.
Discussant: Joseph Abadi, Federal Reserve Bank of Philadelphia
Watch the presentation here.
Venture Capital (Mis)Allocation in the Age of AI
Authors:
Victor Lyonnet, Ohio State University
Léa H. Stern, University of Washington
Watch the presentation here.
Discussant: Jorge Guzman, Columbia University
Watch the presentation here.
11:45 a.m. - Noon Break
Noon - 1:00 p.m. Keynote Presentation
The Value of Value Investors
Speaker: Maureen O'Hara, Robert W. Purcell Professor of Finance, Cornell University
Watch the presentation here.
1:00 - 1:15 p.m. Break
1:15 - 2:05 p.m. Session 3
Risk Preferences Implied by Synthetic Options
Authors:
Ian Dew-Becker, Northwestern University
Stefano Giglio, Yale University
Watch the presentation here.
Discussant: Fousseni Chabi-Yo, University of Massachusetts, Amherst
Watch the presentation here.
2:05 - 2:20 p.m. Break
2:20 - 4:00 p.m. Session 4
Bad News Bankers: Underwriter Reputation and Contagion in Pre-1914 Sovereign Debt Markets
Author:
Sasha Indarte, University of Pennsylvania
Watch the presentation here.
Discussant: Juliana Salomao, University of Minnesota
Watch the presentation here.
Psychological Distance and Subjective Beliefs
Authors:
Harjoat S. Bhamra, Imperial College London
Raman Uppal, EDHEC Business School
Johan Walden, University of California, Berkeley
Watch the presentation here.
Discussant: Eben Lazarus, Massachusetts Institute of Technology
Watch the presentation here.
4:30 - 5:30 p.m. Reception and Best Paper/Discussant Awards