Political Economy of Finance 2018

  • May 17, 2018

May 17–18, 2018
ºÚÁÏ´«ËÍÃÅ Booth Harper Center, 5807 S Woodlawn Ave, Room C25

About the Conference

In the last twenty years political considerations have become important in financial economics: from the design of the rules that make financial markets viable to politically-motivated changes in bankruptcy law, from political connections in firms to the effects of political uncertainty on investments, politics is playing a greater role in finance research. Yet, this is the only conference dedicated to this topic. For this reason the Stigler Center at the University of ºÚÁÏ´«ËÍÃÅ Booth School of Business is hosting the second conference on the Political Economy of Finance.

The conference venue is the ºÚÁÏ´«ËÍÃÅ Booth Harper Center - Room C25, located in Hyde Park ºÚÁÏ´«ËÍÃÅ at .

Program

Thursday, May 17

1:30 p.m. - 2:30 p.m. (with Kun Li)
Phong T. H. Ngo, Australian National University
Discussant: John Matsusaka, University of Southern California

2:30 p.m. - 3:30 p.m. (with Hao Zhouand Zhengwei Wang)
Bo Li, Tsinghua University
Discussant: Jacopo Ponticelli,Northwestern University Kellogg School of Management
3:30 p.m. - 4:00 p.m. Break
4:00 p.m. - 5:00 p.m. (with Christine Dobridge, Rawley Heimer, and Stefan Lewellen)
Pat Akey, University of Toronto
Discussant: Brian Richter, University of Texas - Austin McCombs School of Business; University of ºÚÁÏ´«ËÍÃÅ Booth School of Business
5:00 p.m. - 6:00 p.m. (with Nittai Bergman and Hyunseob Kim)
Efraim Benmelech, Northwestern UniversityKellogg School of Management
Discussant: Martin Schmalz, University of Michigan Ross School of Business
6:00 p.m. Cocktail Reception(Harper 104)
6:30 p.m. Dinner (Harper 104)
Keynote Address
Sir Paul Tucker,Chair, Systemic Risk Council and Former Deputy Governor, Bank of England

Friday, May 18

8:00 a.m. - 8:30 a.m. Breakfast
8:30 a.m. - 9:30 a.m. (with Lubos Pastor)
Pietro Veronesi, University of ºÚÁÏ´«ËÍÃÅ Booth School of Business
Discussant:Ian Dew-Becker,Northwestern University Kellogg School of Management
9:30 a.m. - 10:30 a.m. (with Fabio Braggion and Haikun Zhu)
Alberto Manconi, Bocconi University
Discussant: Kris Mitchener,Santa Clara University Leavey School of Business
10:30 a.m. - 11:00 a.m. Break
11:00 a.m. - 12:00 p.m. Political Networks and Firm Values in South Korea
Francis D. Kim, Indian School of Business & EHESS
Discussant:Johan Chu, University of ºÚÁÏ´«ËÍÃÅ Booth School of Business
12:00 p.m. - 1:00 p.m. Lunch
1:00 p.m. - 2:00 p.m. Depositors Disciplining Banks: The Impact of Scandals
Mikael Homanen, City University of LondonCass Business School
Discussant: Randall Kroszner, University of ºÚÁÏ´«ËÍÃÅ Booth School of Business
2:00 p.m. - 3:00 p.m. (with Deniz Igan, Wolf Wagner, and Quxian Zhang)
Thomas Lambert,Erasmus University Rotterdam School of Management
Discussant: Amit Seru, Stanford University Graduate School of Business
3:00 p.m. - 3:30 p.m. Break
3:30 p.m. - 4:30 p.m. (with Matilde Bombardini, Raymond J. Fisman, and Francesco Trebbi)
Marianne Bertrand, University of ºÚÁÏ´«ËÍÃÅ Booth School of Business
Discussant: Gregor Matvos, University of Texas - Austin McCombs School of Business
4:30 p.m. Conference Ends

Logistics

The conference venue is the ºÚÁÏ´«ËÍÃÅ Booth Harper Center - Room C25, located in Hyde Park ºÚÁÏ´«ËÍÃÅ at . There are a number of hotels with special University of ºÚÁÏ´«ËÍÃÅ rates, details below. Ask for the University of ºÚÁÏ´«ËÍÃÅ rate when making your booking (pending availability).

Hyatt Place ºÚÁÏ´«ËÍÃÅ-South/University Medical Center – Closest to the conference venue.
5225 S. Harper Avenue, ºÚÁÏ´«ËÍÃÅ, IL 60615 
773.752.5300

LondonHouse ºÚÁÏ´«ËÍÃÅ
85 East Wacker Drive, ºÚÁÏ´«ËÍÃÅ, IL 60601 
312.357.1200

InterContinental ºÚÁÏ´«ËÍÃÅ
505 N. Michigan Avenue ºÚÁÏ´«ËÍÃÅ, IL 60611
800.628.2112

Club Quarters Wacker at Michigan
75 E. Wacker Drive, ºÚÁÏ´«ËÍÃÅ, IL 60601
312.357.6400; Reservations: 203.905.2100

Omni ºÚÁÏ´«ËÍÃÅ 
676 N. Michigan Avenue ºÚÁÏ´«ËÍÃÅ, IL 60611
312.944.6664

Conference Organizers

  • Luigi Zingales, Robert C. McCormack Distinguished Service Professor of Entrepreneurship and Finance, University of ºÚÁÏ´«ËÍÃÅ Booth School of Business
  • Paola Sapienza, Donald C. Clark/HSBC Chair in Consumer Finance & Professor of Finance, Northwestern University Kellogg School of Management 

Program Committee

  • Pat Akey
  • Efraim Benmelech
  • Viktar Fedaseyeu
  • Raymond Fisman
  • Stefan Lewellen
  • Todd Mitton
  • Brian Richter
  • Paola Sapienza
  • Francesco Trebbi
  • Boris Vallee
  • Vikrant Vig
  • Paolo Volpin
  • Yupana Wiwattanakantang
  • Luigi Zingales

For more information, contact:

Sebastian Burca, Associate Director, Stigler Center
773.834.2054
sebastian.burca@chicagobooth.edu

Disclaimer: Students should never miss class to attend optional programming. The Deans’ Office will not support requests for absences due to participation on a trek, event, conference, or trip as excused.