08/20/2009 - 10:30 AM
Location:

Argentum Symposium on Private Equity and Funds of Private Equity: Pricing and Performance

Yael V. Hochberg , Northwestern University, Alexander Ljungqvist , New York University and Annette Vissing-Jorgensen , Northwestern University - Informational Hold-Up and Performance Persistence in Venture Capital

Ulf Axelson , Institute for Financial Research (SIFR), Per Johan Strömberg , Institute for Financial Research (SIFR), Tim Jenkinson , University of Oxford and Michael S. Weisbach , Ohio State University - Leverage and Pricing in Buyouts: An Empirical Analysis

Florencio Lopez de Silanes , EDHEC Business School and Ludovic Phalippou , University of Amsterdam - Private Equity Investments: Performance and Diseconomies of Scale

08/20/2009 - 1:30 PM
Location:

Argentum Symposium on Private Equity and Funds of Private Equity: Value Creation

Jerry Cao , Boston College, Singapore Management University - Are Buyout Sponsors Market Timers in RLBOs?

Morten Sorensen , Columbia University, Per Johan Strömberg , Institute for Financial Research (SIFR) and Josh Lerner , Harvard Business School - Private Equity and Long-Run Investment: The Case of Innovation

Phillip Leslie , Stanford Graduate School of Business and Paul Oyer , Stanford Graduate School of Business - Managerial Incentives and Value Creation: Evidence from Private Equity

08/20/2009 - 3:30 PM
Location:

Argentum Symposium on Private Equity and Funds of Private Equity: Special Topics

Micah S. Officer , Loyola Marymount University, Oguzhan Ozbas , University of Southern California - Marshall School of Business - Finance and Business Economics Department and Berk A. Sensoy , University of Southern California - Marshall School of Business - Finance and Business Economics Department - Club Deals in Leveraged Buyouts

Dirk Bergemann , Yale University, Ulrich Hege , HEC Paris and Liang Peng , University of Cincinnati - Venture Capital and Sequential Investments

Tim Jenkinson , University of Oxford and Miguel Sousa , University of Oxford - Why SPAC Investors Should Listen to the Market

08/21/2009 - 8:30 AM
Location:

ECB Sessions on Liquidity and Financial Crises: Money Markets and the Transmission of Instability

Viral V. Acharya , London Business School, Douglas M. Gale , New York University and Tanju Yorulmazer , Federal Reserve Banks - Rollover Risk and Market Freezes

Florian Heider , European Central Bank (ECB), Marie Hoerova , European Central Bank (ECB) and Cornelia Holthausen , European Central Bank (ECB) - Liquidity Hoarding and Interbank Market Spreads: The Role of Counterparty Risk

Xuewen Liu , Imperial College London and Antonio S. Mello , University of Wisconsin - Madison - The Capital Structure of Financial Institutions and Liquidity Crisis

Discussants:
Sudipto Bhattacharya , London School of Economics & Political Science (LSE)
Kjell Nyborg , Norwegian School of Economics and Business Administration (NHH)
Mathias Drehmann , Bank for International Settlements (BIS)

08/21/2009 - 10:30 AM
Location:

ECB Sessions on Liquidity and Financial Crises: Key Aspects of the Financial Crisis

Marco Pagano , University of Naples Federico II and Paolo F. Volpin , London Business School - Securitization, Transparency and Liquidity

Victoria Ivashina , Harvard Business School and David S. Scharfstein , Harvard Business School - Bank Lending During the Financial Crisis of 2008

Mariassunta Giannetti , Stockholm School of Economics and Andrei Simonov , Michigan State University - On the Real Effects of Bank Bailouts: Micro-Evidence from Japan

Discussants:
Uday Rajan , University of Michigan at Ann Arbor
Gabriel Jimenez , Bank of Spain
Arnoud Boot , University of Amsterdam

08/21/2009 - 8:30 AM
Location:

Viz Risk Management Sessions on Energy Markets, Securities, and Prices: Empirical Analysis of Energy Markets

Bahattin Buyuksahin , Commodity Futures Trading Commission (CFTC), Michael S. Haigh , K2 Advisors, Jeffrey H. Harris , University of Delaware, James A. Overdahl , Commodity Futures Trading Commission (CFTC) and Michel A. Robe , American University - Fundamentals, Trader Activity and Derivative Pricing

Viral V. Acharya , London Business School, Lars A. Lochstoer , Columbia University and Tarun Ramadorai , University of Oxford - Limits to Arbitrage and Hedging: Evidence from Commodity Markets

Christian Conrad , University of Heidelberg, Daniel Rittler , University of Heidelberg and Waldemar Rotfuss , Centre for European Economic Research (ZEW) - The European Commission and EUA Prices: A High-Frequency Analysis of the EC's Decision on Second NAPs

08/21/2009 - 10:30 AM
Location:

Viz Risk Management Sessions on Energy Markets, Securities, and Prices: Electricity Markets

Wolfgang Bühler , University of Mannheim and Jens Müller-Merbach , University of Mannheim - Valuation of Electricity Futures: Reduced-Form vs. Dynamic Equilibrium Models

Arnaud Porchet , Princeton University, Renee Aid , affiliation not provided to SSRN, Nizar Touzi , National Institute of Statistics and Economic Studies (INSEE) and Gilles Chemla , Imperial College London - Forward Hedging and Vertical Integration in Electricity Markets

Stein-Erik Fleten , Norwegian University of Science and Technology (NTNU), Jussi Keppo , University of Michigan at Ann Arbor, Vivi K. Weiss , affiliation not provided to SSRN and Helga K. Lumb , affiliation not provided to SSRN - Derivative Price Information Use in Hydroelectric Scheduling

08/21/2009 - 1:30 PM
Location:

Special Sessions on Liquidity and Financial Crises: Stability

Steven R. G. Ongena , Tilburg University, Jose Luis Peydro , European Central Bank (ECB), Jesus Saurina Salas , Bank of Spain and Gabriel Jimenez , Bank of Spain - Monetary Policy and Credit Crunch: Identifying Simultaneously the Bank Lending and Balance Sheet Channels

Sylvain Champonnois , University of California, San Diego - Bank Competition and Economic Stability: The Role of Monetary Policy

David Aikman , Bank of England, Piergiorgio Alessandri , affiliation not provided to SSRN, Bruno Eklund , Bank of England, Prasanna Gai , Bank of England, Sujit Kapadia , Bank of England, Elizabeth Martin , affiliation not provided to SSRN, Nada Mora , American University of Beirut, Gabriel Sterne , Bank of England and Matthew Willison , Bank of England - Funding Liquidity Risk in a Quantitative Model of Systemic Stability

08/22/2009 - 9:00 AM
Location:

Special Sessions on Liquidity and Financial Crises: Asset Pricing

Jean-Sebastien Fontaine , Government of Canada and Rene Garcia , EDHEC Business School - Bond Liquidity Premia

Peter Feldhütter , Copenhagen Business School - The Same Bond at Different Prices: Identifying Search Frictions and Demand Pressures

Federico M. Bandi , University of Chicago, Claudia E. Moise , Case Western Reserve University and Jeffrey Russell , University of Chicago - The Joint Pricing of Volatility and Liquidity

08/22/2009 - 11:00 AM
Location:

Special Sessions on Liquidity and Financial Crises: Funding

Rocco R. Huang , Federal Reserve Banks and Lev Ratnovski , Bank of England - The Dark Side of Bank Wholesale Funding

Mathias Drehmann , Bank for International Settlements (BIS) and Kleopatra Nikolaou , European Central Bank (ECB) - Funding Liquidity Risk: Definition and Measurement

Frédéric Boissay , European Central Bank (ECB) - The Stabilizing Effects of Risk-Sensitive Bank Capital

08/20/2009 - 8:30 AM
Location:

Special Session on the Role of Sovereign Wealth Funds

Veljko Fotak , University of Oklahoma, Bernardo Bortolotti , Fondazione Eni Enrico Mattei (FEEM) and William L. Megginson , University of Oklahoma - The Financial Impact of Sovereign Wealth Fund Investments in Listed Companies

Nuno G. Fernandes , IMD International - Sovereign Wealth Funds: Investment Choices and Implications Around the World

Alexandre Jeanneret , University of Lausanne - The Dynamics of Sovereign Credit Risk