Theory and Inference in Capital Market Research Conference

The 2017 Theory and Inference in Capital Market Research Conference will be held on December 8th-9th at the Stanford Graduate School of Business, McClelland Building, room M109.

This conference will feature research prepared by leading economists alongside junior accounting researchers. The speakers will address, from different angles, the causes and consequences of information in the capital market. The conference’s goal is to encourage empirical research, grounded on economic theory, that focuses on how information affects the capital market.

Speakers & Schedule

December 8th
12:00-1:00 pm Registration at McClelland Building, room M109
Lunch at Bass Center, B400
1:00-1:15 pm Theory and Inference in Economics: John Rust’s Perspective
1:15-2:15 pm Presenter: Alex Edmans, London Business School
Co-Authors: Vivian Fang and Allen Huang
Paper: The Long-Term Consequences of Short-Term Incentives
2:15-3:15 pm Presenter: John Rust, Georgetown University
Co-Presenter: Sudip Gupta, Fordham University
Paper: A Simple Theory of Why and When Firms Go Public
3:15-3:45 pm Break
3:45-4:45 pm Presenter: Robert A. Miller, Carnegie Mellon University
Co-Authors: Jeremy Bertomeu, Ivan Marinovic, and Felipe Varas
Paper: An Empirical Model of Long-Term Contracting with Manipulation
4:45-5:45 pm Presenter: George-Levi Gayle, Washington University in St. Louis
Co-Authors: Judson Caskey and Chen Li
Paper: The Role of Accounting in a Dynamic Model of CEO Pay and Turnover
5:45-8:30 pm Reception and Dinner at Schwab Dining Hall
December 9th
8:00-8:30 am Breakfast at M109
8:30-8:45 am Theory and Inference in Finance: Toni Whited’s Perspective
8:45-9:45 am Presenter: Jeremy Fox, Rice University
Co-Authors: Joseph Gerakos and Korok Ray
Paper: How CEO Contracts Address Multitasking: An Empirical Matching Approach
9:45-10-45 am Presenter: Toni Whited, University of Michigan
Co-Authors: Anastasia Zakolyukina and Stephen Terry
Paper: Information Distortion, R&D, and Growth
10:45-11:00 am Break
11:15-12:15 pm Presenter: Frank Zhou, University of Pennsylvania
Co-Author: Edwige Cheynel
Paper: The Consequences of Mandating Auditor Rotation: Evidence from a Dynamic Structural Model
12:15-1:15 pm Boxed Lunch