Virtual Alumni Conference Program

May 22, 2020

8:00-8:30 AM - Conference begins

Session 1: Asset Pricing
Chair: Victor Lyonnet

8:30-9:10 AM “Determinants of Short-Term Corporate Yield Spreads: Evidence from the Commercial Paper Market”
Jing-Zhi Huang, Penn State University
Bibo Liu, Tsinghua University
Zhan Shi, Tsinghua University

Discussants: Rui Gong and Thien Nguyen, The Ohio State University

9:10- 9:50 AM “Unsmoothing Returns of Illiquid Funds”
Spencer Couts, University of Southern California
Andrei Gonçlaves, University of North Carolina, Chapel Hill
Andrea Rossi, The University of Arizona

Discussants: Hyeik Kim and Amin Shams, The Ohio State University

9:50- 10:30 AM “Do Municipal Bond Dealers Give their Customers ‘Fair and Reasonable’ Pricing?”
John Griffin, University of Texas at Austin
Nicholas Hirschey, London Business School
Samuel Kruger, University of Texas at Austin

Discussants: Mark Johnson and Petra Vokata, The Ohio State University

10:30-11:00 AM BREAK

Session 2: Corporate Finance
Chair: Michael Wittry

11:00-11:40 AM “Firm Uncertainty and Household Spending”
Ivan Alfaro, BI Norwegian Business School
Hoonsuk Park, Nanyang Technological University

Discussants: John Lynch and Jack Liebersohn, The Ohio State University

11:40-12:20 AM “Interest Rates and the Design of Financial Contracts”
Michael Roberts, University of Pennsylvania
Michael Schwert, University of Pennsylvania

Discussants: Richard Ogden and Victor Lyonnet, The Ohio State University

12:20-13:00 PM “Do Credit Ratings Affect Financial Policy? Evidence from S&P’s 2013 Methodology Revision”
Tim Liu, University of North Carolina at Chapel Hill
Anil Shivdasani, University of North Carolina at Chapel Hill

Discussants: Minsu Ko and Michael Wittry, The Ohio State University

13:00-13:10 PM Wrap up and Adjourn