European Finance Association

46th Annual Meeting

Carcavelos, Portugal 21-24 August 2019

Program Committee

Program Chair

Miguel Ferreira

EFA 2019 Program Chair
Nova School of Business and Economics (Nova SBE)

Local Committee

  • Fernando Anjos, Nova SBE
  • Martijn Boons, Nova SBE
  • Irem Demirci, Nova SBE
  • Isaac Hacamo, Nova SBE
  • João Pereira, Nova SBE
  • Melissa Prado, Nova SBE
  • Francisco Queiró, Nova SBE
  • Emanuele Rizzo, Nova SBE
  • Pedro Santa Clara, Nova SBE
  • Rafael Zambrana, Nova SBE

Track Chairs

  • Manuel Adelino, Duke University
  • Heitor Almeida, University of Illinois
  • Frederico Belo, INSEAD
  • Anna Cieslak, Duke University
  • Pierre Collin-Dufresne, EPFL and Swiss Finance Institute
  • Claudia Custodio, Imperial College Business School
  • Isil Erel, The Ohio State University
  • Rudiger Fahlenbrach, EPFL and Swiss Finance Institute
  • Daniel Ferreira, London School of Economics
  • Thierry Focault, HEC Paris
  • Mariassunta Giannetti, Stockholm School of Economics
  • Francisco Gomes, London Business School
  • Victoria Ivashina, Harvard Business School
  • Ralph Koijen, University of Chicago
  • Peter Kondor, London School of Economics
  • Camelia Kuhnen, The University of North Carolina at Chaper Hill
  • Gustavo Manso, University of California at Berkeley
  • Pedro Matos, University of Virginia
  • Adair Morse, UC Berkeley
  • Paige Ouimet, The University of North Carolina at Chaper Hill
  • Kim Peijnenburg, EDHEC Business School
  • Jose-Luis Peydro, Universitat Pompeu Fabra, CREI and Barcelona GSE
  • Veronika Pool, Indiana University
  • Manju Puri, Duke University
  • Joao Santos, Federal Reserve Bank of New York
  • Allan Timmermann, UC San Diego
  • Victoria Vanasco, Barcelona Graduate School of Economics
  • Andrea Vedolin, Boston University
  • Toni Whited, University of Michigan
  • Kathy Yuan, London School of Economics

Special Session Chairs

  • BIS Session – Leonardo Gambacorta and Boris Hofmann, Bank for International Settlements
  • ECB Session – Angela Maddaloni, European Central Bank
  • NBIM Session – Dagfinn Rime, BI Norwegian Business School

Doctoral Tutorial Chairs

  • Esther Eiling (University of Amsterdam)
  • Gyöngyi Lóránth (University of Vienna)
  • Kristian Miltersen (Copenhagen Business School)
  • Frans de Roon (Tilburg University)

Doctoral Workshop Chairs

  • Laura Starks, University of Texas at Austin
  • Zacharias Sautner, Frankfurt School of Finance & Management
  • Philipp Krueger, University of Geneva and Swiss Finance Institute

Reviewers

  • Simona Abis, Columbia University
  • Tim Adam, Humboldt University
  • Jawad M. Addoum, Cornell University
  • Vikas Agarwal, Georgia State University
  • Rajesh Aggarwal, Northeastern University
  • Reena Aggarwal, Georgetown University
  • Anup Agrawal, University of Alabama
  • Kenneth Ahern, University of Southern California
  • Nihat Aktas, WHU Otto Beisheim School of Management
  • Rui Albuquerque, Boston College
  • Cindy Alexander, U.S. Securities and Exchange Commission
  • Andres Almazan, University of Texas at Austin
  • Brav Alon, Duke University
  • Aydogan Alti, University of Texas-Austin
  • Yakov Amihud, NYU Stern School of Business
  • Mario Daniele Amore, Bocconi University
  • Daniel Andrei, McGill
  • Fernando Anjos, Nova School of Business and Economics
  • Miguel Anton, IESE Business School
  • Constantinos Antoniou, University of Warwick
  • George O. Aragon, Arizona State University
  • Marc Arnold, University of St. Gallen
  • Julian Atanassov, University of Nebraska
  • Patrick Augustin, McGill University
  • Doron Avramov, Hebrew University
  • Ilona Babenko, Arizona State University
  • Tatiana Babina, Columbia
  • Philippe Bacchetta, University of Lausanne, Swiss Finance Institute
  • Laurent Bach, ESSEC Business School
  • Kerry Back, Rice University
  • Lieven T.M. Baele, Tilburg University
  • Ramin P Baghai, Stockholm School of Economics
  • Jennie Bai, Georgetown University
  • Warren Bailey, Cornell University
  • Turan G. Bali, Georgetown University
  • Guido Baltussen, Erasmus University Rotterdam
  • Federico Bandi, Johns Hopkins University
  • Brad Barber, UC Davis
  • Laurent Barras, McGill University
  • Pedro Barroso, UNSW Business School
  • Jan Bartholdy, Aarhus University
  • Shmuel Baruch, University of Utah
  • David Bates, University of Iowa
  • Thomas Bates, Arizona State University
  • Robert Battalio, University of Notre Dame
  • Daniel Bauer, University of Wisconsin–Madison
  • Thorsten Beck, Cass Business School
  • Bo Becker, Stockholm School of Economics
  • Taylor Begley, Washington University in St. Louis
  • Patrick Behr, Brazilian School of Public and Business Administration
  • Jan Bena, University of British Columbia
  • Itzhak Ben-David, Fisher College of Business, The Ohio State University
  • Efraim Benmelech, Northwestern University, Kellogg School of Management
  • Azi Ben-Rephael, Rutgers Business School
  • Tobias Berg, Frankfurt School of Finance and Management
  • Elizabeth Berger, Cornell
  • Daniel Bergstresser, Brandeis University
  • Elazar Berkovitch, IDC Herzliya
  • Tony Berrada, University of Geneva
  • Sebastien Betermier, McGill University
  • Sanjai Bhagat, University of Colorado
  • Harjoat Singh Bhamra, Imperial College Business School
  • Sreedhar T. Bharath, Arizona State University
  • Utpal Bhattacharya, Hong Kong University of Science and Technology
  • Sugato Bhattacharyya, University of Michigan
  • Daniele Bianchi, University of Warwick
  • Carsten Bienz, NHH Norwegian School of Economics
  • Matthew Billett, Indiana University
  • Andriy Bodnaruk, University of Illinois at Chicago
  • Vicki L. Bogan, Cornell University
  • Oliver Boguth, Arizona State University
  • Diana Bonfim, Banco de Portugal
  • Dion Bongaerts, Erasmus University Rotterdam
  • Audra Boone, Texas Christian University
  • Martijn Boons, Nova School of Business and Economics
  • Arnoud  W A Boot, University of Amsterdam
  • Jacob Boudoukh, IDC Arison School of Business
  • Romain Boulland, ESSEC Business School
  • Fabio Braggion, Tilburg University
  • Menachem Brenner, Stern School of Business
  • Bradyn Breon-Drish, UC San Diego
  • Jonathan Brogaard, University of Utah
  • Craig Brown, Northeastern University
  • David P Brown, University of Wisconsin-Madison
  • Martin Brown, University of St. Gallen
  • Stephen Brown, Monash Business School
  • Max Bruche, Humboldt University of Berlin
  • Andrea Buraschi, Imperial College Business School
  • Timothy R Burch, University of Miami
  • Mike Burkart, Swedish House of Finance
  • Adrian Buss, INSEAD
  • Jeffrey Busse, Goizueta Business School
  • Sabrina Buti, Université Paris-Dauphine
  • Andrea Caggese, Pompeu Fabra University
  • Fang Cai, Federal Reserve Board
  • Jie Cao, Chinese University of Hong Kong
  • Murray Carlson, University of British Columbia
  • Francesca Carrieri, McGill University
  • Daniel Carvalho, Indiana University
  • Fabio Castiglionesi, Tilburg University
  • Ling Cen, The Chinese University of Hong Kong
  • Geraldo Cerqueiro, CLSBE
  • Giovanni Cespa, Cass Business School
  • Georgy Chabakauri, London School of Economics
  • Maria Chaderina, WU Vienna
  • Pierre Chaigneau, Queen’s University
  • Bidisha Chakrabarty, Saint Louis University
  • Tom Chang, USC
  • Xin Chang, Nanyang Business School
  • David Chapman, University of Virginia
  • Sudheer Chava, Georgia Tech
  • Gilles Chemla, Imperial College Business School, CNRS, CEPR
  • Thomas Chemmanur, Boston College
  • Joseph Chen, University of California, Davis
  • Mark Chen, Georgia State University
  • Tao Chen, Nanyang Technological University
  • Sergey Chernenko, Purdue University
  • Darwin Choi, Chinese University of Hong Kong
  • Hyun-soo Choi, KAIST
  • Tarun Chordia, Emory University
  • Susan Christoffersen, University of Toronto – Rotman School of Management
  • Joao Cocco, London Business School
  • Lauren Cohen, Harvard Business School
  • Jonathan Cohn, University of Texas-Austin
  • Jeffrey Coles, University of Utah
  • Jean Edouard Colliard, HEC Paris
  • Carole Comerton-Forde, UNSW Sydney
  • Lin William Cong, The University of Chicago
  • Robert Connolly, UNC Chapel Hill
  • Jennifer Conrad, UNC Kenan-Flagler Business School
  • Anthony Cookson, University of Colorado – Boulder
  • Ian Cooper, London Business School
  • Ilan Cooper, BI Norwegian Business School
  • Michael Cooper, University of Utah
  • Mathijs Cosemans, Erasmus University Rotterdam
  • Alan Crane, Rice University
  • Nicolas Crouzet, Northwestern University
  • Vicente Cunat, London School of Economics
  • Igor Cunha, University of Kentucky
  • Dragana Cvijanovic, UNC Chapel Hill
  • Peter Cziraki, University of Toronto
  • Zhi Da, University of Notre Dame
  • Marco Da Rin, Tilburg University
  • Francesco D’Acunto, Boston College
  • Magnus Dahlquist, Stockholm School of Economics
  • Thomas Dangl, Vienna University of Technology
  • Kent Daniel, Columbia Business School
  • Naveen Daniel, Drexel University
  • Andras Danis, Georgia Tech
  • Amil Dasgupta, London School of Economics
  • Sudipto Dasgupta, Chinese University of Hong Kong
  • Shaun Davies, University of Colorado
  • Eduardo Davila, NYU Stern School of Business
  • Eric de Bodt, Université de Lille
  • Ralph De Haas, European Bank for Reconstruction and Development
  • Abe De Jong, Monash University
  • Frank de Jong, Tilburg University
  • Frans de Roon, Tilburg University
  • Francois Degeorge, USI Università della Svizzera italiana, Swiss Finance Institute
  • Hans Degryse, University of Leuven
  • Diane Del Guercio, University of Oregon
  • Pasquale Della Corte, Imperial College Business School
  • Irem Demirci, Nova School of Business and Economics
  • Yongheng Deng, University of Wisconsin-Madison
  • Francois Derrien, HEC Paris
  • Alberta Di Giuli, ESCP
  • Jens Dick-Nielsen, Copenhagen Business School
  • Stephen G. Dimmock, Nanyang Technological University
  • Theodosios Dimopoulos, University of Lausanne
  • Ingolf Dittmann, Erasmus University Rotterdam
  • Jennifer Dlugosz, Washington University in St. Louis
  • Craig Doidge, University of Toronto
  • Andres Donangelo, UT Austin
  • Joost Driessen, Tilburg University
  • Ying Duan, Simon Fraser University
  • Ran Duchin, University of Washington
  • Greg Duffee, Johns Hopkins University
  • Espen Eckbo, Dartmouth College
  • Matthias Efing, HEC Paris
  • Mark Egan, Harvard Business School
  • Esther Eiling, University of Amsterdam
  • Andrew Ellul, Indiana University
  • Joseph Engelberg, UCSD
  • Vihang Errunza, McGill University
  • Richard Evans, University of Virginia
  • Michael Ewens, Caltech
  • José Faias, Universidade Catolica Portuguesa
  • Joseph P. H. Fan, CUHK Business School
  • Joan Farre-Mensa, Northeastern University
  • Michael Faulkender, Robert H. Smith School of Business
  • Carlo Favero, Bocconi University
  • Jack Favilukis, University of British Columbia
  • Falko Fecht, Frankfurt School of Finance and Management
  • Peter Feldhütter, Copenhagen Business School
  • Nuno Fernandes, Católica Lisbon School of Business & Economics
  • Chitru Fernando, University of Oklahoma
  • Fabrizio Ferri, Miami Business School
  • Eliezer Fich, Drexel University’s LeBow College of Business
  • Laura Field, University of Delaware
  • Damir Filipovic, EPFL
  • Ilias Filippou, Washington University in St. Louis and University of Warwick
  • Adlai Fisher, UBC
  • Zsuzsanna Fluck, Michigan State University
  • Vyacheslav Fos, Boston College
  • Thierry Foucault, Hautes Etudes Commerciales de Paris
  • Mathieu Fournier, HEC Montréal
  • Cesare Fracassi, University of Texas at Austin
  • Francesco Franzoni, USI Università della Svizzera italiana, Swiss Finance Institute
  • Rik Frehen, Tilburg University
  • Xavier Freixas, Pompeu Fabra University
  • Laurent Fresard, University of Lugano
  • Nils Friewald, NHH Norwegian School of Economics
  • Cary Frydman, USC
  • Fangjian Fu, Singapore Management University
  • Roland Fuess, University of St.Gallen
  • Paolo Fulghieri, UNC Chapel Hill
  • Michael Gallmeyer, University of Virginia
  • Andrea Gamba, University of Warwick
  • Priyank Gandhi, Rutgers Business School
  • Nickolay Gantchev, Southern Methodist University
  • Janet Gao, Indiana University
  • Diego Garcia, University of Colorado Boulder
  • Jose Miguel Gaspar, ESSEC Business School
  • Federico Gavazzoni, INSEAD
  • Monika Gehde-Trapp, University of Hohenheim
  • Thomas Gehrig, University of Vienna
  • Bruno Gerard, BI Norwegian Business School
  • William Gerken, University of Kentucky
  • Simon Gervais, Duke University
  • Ron Giammarino, University of British Columbia
  • Javier Gil-Bazo, Universitat Pompeu Fabra
  • Thomas Gilbert, University of Washington
  • Erik Gilje, University of Pennsylvania
  • Edith Ginglinger, Université Paris-Dauphine
  • Xavier Giroud, Columbia University
  • Vincent Glode, University of Pennsylvania
  • Michael Gofman, Rochester
  • David Goldreich, University of Toronto
  • Benjamin Golez, University of Notre Dame
  • Joao Gomes, University of Pennsylvania
  • Juan Pedro Gómez, IE Business School
  • Radhakrishnan Gopalan, Washington University in St. Louis
  • Martin Götz, Goethe University Frankfurt
  • Amit Goyal, University of Lausanne
  • Vidhan K. Goyal, Hong Kong University of Science and Technology
  • Ruslan Goyenko, McGill University
  • Arie Gozluklu, University of Warwick
  • Clifton Green, Emory University
  • Daniel Greenwald, MIT Sloan
  • Moqi Groen-Xu, London School of Economics
  • Denis Gromb, HEC PARIS
  • Gustavo Grullon, Rice University
  • Bruce D. Grundy, The University of Melbourne
  • Sebastian Gryglewicz, Erasmus University Rotterdam
  • Massimo Guidolin, Bocconi University
  • Huseyin Gulen, Purdue University
  • Arpit Gupta, NYU Stern
  • Umit Gurun, University of Texas at Dallas
  • Michel Habib, University of Zurich
  • Isaac Hacamo, Nova School of Business and Economics
  • Dirk Hackbarth, Boston University
  • Valentin Haddad, UCLA
  • Kathleen Hagerty, Northwestern University
  • Björn Hagströmer, Stockholm University
  • Michael Halling, Stockholm School of Economics
  • Allaudeen Hameed, National University of Singapore
  • Bing Han, University of Toronto
  • Jungsuk Han, Stockholm School of Economics
  • Kathleen Hanley, Lehigh University
  • Jeffrey H. Harris, American University
  • Samuel Hartzmark, University of Chicago
  • Joel Hasbrouck, Stern School, New York University
  • Rainer Haselmann, Goethe University Frankfurt
  • Ping He, Tsinghua University
  • Zhiguo He, University of Chicago, Booth School of Business
  • Ulrich Hege, Toulouse School of Economics
  • Florian Heider, European Central Bank
  • Andrew Hertzberg, Federal Reserve Bank of Philadelphia
  • Michael Hertzel, Arizona State University
  • Alexander Hillert, Goethe University Frankfurt
  • Jens Hilscher, UC Davis
  • Nicholas Hirschey, London Business School
  • Craig Holden, Indiana University
  • Burton Hollifield, Carnegie Mellon University
  • Johan Hombert, HEC Paris
  • Edith Hotchkiss, Boston College
  • Kewei Hou, The Ohio State University
  • Sabrina Howell, NYU Stern
  • Christopher Hrdlicka, University of Washington
  • David Arthur Hsieh, Duke University
  • Po-Hsuan Hsu, University of Hong Kong
  • Jianfeng Hu, Singapore Management University
  • Jennifer Huang, Cheung Kong Graduate School of Business
  • Sheng Huang, China Europe International Business School (CEIBS)
  • Eric Hughson, Claremont McKenna College
  • Julien Hugonnier, EPFL
  • Mark Huson, University of Alberta
  • Chuan Yang Hwang, Nanyang Technological University
  • Rustam Ibragimov, Imperial College Business School
  • Philipp Illeditsch, Carnegie Mellon University
  • Sebastian Infante, Federal Reserve Board
  • Vasso Ioaniddou, Lancaster University
  • Filippo Ippolito, Universitat Pompeu Fabra
  • Paul Irvine, Texas Christian University
  • Benjamin Iverson, Brigham Young University
  • Zoran Ivkovich, Michigan State University
  • Jens Carsten Jackwerth, University of Konstanz
  • Kris Jacobs, University of Houston
  • Ravi Jagannathan, Northwestern University, Kellogg School of Management
  • Christopher James, University of Florida
  • Jessica Jeffers, University of Chicago
  • Bjarne Astrup Jensen, Copenhagen Business School
  • Dirk Jenter, London School of Economics
  • Urban J. Jermann, University of Pennsylvania
  • Danling Jiang, Stony Brook University
  • Wei Jiang, Columbia University
  • Yawen Jiao, UC Riverside
  • Lawrence Jin, California Institute of Technology
  • Travis Johnson, The University of Texas at Austin
  • Christopher Jones, University of Southern California
  • Howard Jones, University of Oxford
  • Philippe Jorion, UC Irvine
  • Chotibhak Jotikasthira, Southern Methodist University
  • Nengjiu Ju, Shanghai Jiao Tong University
  • Christian Julliard, LSE
  • Petri Jylhä, Aalto University
  • Marcin Kacperczyk, Imperial College Business School
  • Gregory B. Kadlec, Virginia Tech
  • Dalida Kadyrzhanova, Georgia State University
  • Kathleen Kahle, University of Arizona
  • Bige Kahraman, University of Oxford
  • Avner Kalay, Tel Aviv University
  • Jayant Kale, Northeastern University
  • Swaminathan Kalpathy, Texas Christian University
  • Jun-Koo Kang, Nanyang Technological University
  • Oğuzhan Karakaş, University of Cambridge
  • Paul Karehnke, ESCP Europe
  • Stephen Karolyi, Carnegie Mellon University
  • Ambrus Kecskes, Schulich School of Business at York University
  • Simi Kedia, Rutgers University
  • Donald Keim, University of Pennsylvania
  • Matti Keloharju, Aalto University
  • Alexander Kempf, University of Cologne
  • Elisabeth Kempf, University of Chicago Booth School of Business
  • Aneel Keswani, cass business school
  • Naveen Khanna, Michigan State University
  • Bong-Chan Kho, Seoul National University
  • Dasol Kim, U.S. Department of Treasury
  • Han Kim, University of Michigan
  • Hyunseob Kim, Cornell University
  • Seoyoung Kim, Santa Clara University
  • Michael Kisser, NHH Norwegian School of Economics
  • Kristoph Kleiner, Indiana University
  • Samuli Knüpfer, BI Norwegian Business School
  • Anzhela Knyazeva, US securities and Exchange Commission
  • Andrew Wallace Koch, University of Pittsburgh
  • Shimon Kogan, IDC Herzliya
  • Julian Kolm, University of Vienna
  • Robert A. Korajczyk, Northwestern University
  • Timo Korkeamaki, Hanken School of Economics
  • Olaf Korn, Georg-August-Universität Göttingen
  • Arthur Korteweg, University of Southern California
  • Jennifer Koski, University of Washington
  • Yrjo Koskinen, University of Calgary
  • Robert Kosowski, Imperial College Business School
  • Roy Kouwenberg, Mahidol University
  • Roman Kozhan, Roman Kozhan
  • Holger Kraft, Goethe University Frankfurt
  • Lisa Kramer, University of Toronto
  • Dennis Kristensen, University College London
  • Tim Kroencke, University of Neuchâtel
  • Felix Kübler, University of Zurich
  • Lars-Alexander Kuehn, Carnegie Mellon University
  • Praveen Kumar, University of Houston
  • Howard Kung, London Business School
  • John Chi-Fong Kuong, INSEAD
  • Pablo Kurlat, Stanford University
  • Bart Lambrecht, University of Cambridge
  • Christopher Lamoureux, University of Arizona
  • David Lando, Copenhagen Business School
  • Hugues Langlois, HEC Paris
  • Christine Laudenbach, Goethe University Frankfurt
  • Christian Laux, WU Vienna University of Economics and Business
  • Anh Le, Penn State University
  • Chris Leach, University of Colorado Boulder
  • Charles M. C. Lee, Stanford University
  • Samuel Lee, Santa Clara University
  • Yaron Leitner, Washington University in St. Louis
  • Mikko Leppämäki, Aalto University
  • Josh Lerner, Harvard Business School
  • Martin Lettau, Haas School of Business
  • Doron Levit, University of Pennsylvania
  • Haitao Li, Cheung Kong Graduate School of Business
  • Kai Li, University of British Columbia
  • Kai Li, Hong Kong University of Science and Technology
  • Wei Li, University of Iowa
  • Xi Li, London School of Economics
  • Yan Li, Temple University
  • Bing Liang, UMass Amherst
  • Hao Liang, Singapore Management University
  • Andres Liberman, NYU Stern School of Business
  • Jose Maria Liberti, DePaul University
  • Erik Lie, University of Iowa
  • Sonya Lim, DePaul University
  • Tse-Chun Lin, University of Hong Kong
  • Laura Lindsey, Arizona State University
  • Juhani Linnainmaa, University of Southern California
  • Karl Lins, University of Utah
  • Tingjun Liu, University of Hong Kong
  • Xuewen Liu, HKUST
  • Alexander Ljungqvist, Stockholm School of Economics
  • Lars Lochstoer, UCLA Anderson School of Management
  • Claudio Loderer, University of Bern
  • Roger Loh, Singapore Management University
  • Benjamin Loos, University of Technology Sydney
  • Gyongyi Loranth, University of Vienna
  • Dong Lou, London School of Economics
  • Tim Loughran, University of Notre Dame
  • Elena Loutskina, University of Virginia
  • Stefano Lovo, HEC Paris
  • Angie Low, Nanyang Technological University
  • Michelle Lowry, Drexel University
  • Christian Lundblad, UNC Chapel Hill
  • Frederik Lundtofte, Lund University
  • Jiang Luo, Nanyang Technological University
  • Evgeny Lyandres, Boston University
  • Anthony Lynch, NYU Stern School of Business
  • Song Ma, Yale University
  • Marco Macchiavelli, Federal Reserve Board
  • Peter MacKay, Hong Kong University of Science and Technology
  • Angela Maria Maddaloni, European Central Bank
  • Ananth Madhavan, BlackRock
  • Leonardo Madureira, Case Western Reserve University
  • Pascal Maenhout, INSEAD
  • Matteo Maggiori, Harvard University
  • Semyon Malamud, EPFL
  • Andrey Malenko, Massachusetts Institute of Technology
  • Nadya Malenko, Boston College
  • Katya Malinova, McMaster University
  • Alberto Manconi, Bocconi University
  • William Mann, UCLA
  • Qinghao Mao, Deakin University
  • Roberto Marfè, Collegio Carlo Alberto
  • Angnieszka Markiewicz, Erasmus University Rotterdam
  • Ian Martin, LSE
  • Jens Martin, University of Amsterdam
  • Spencer Martin, University of Melbourne
  • David Martinez-Miera, Universidad Carlos III de Madrid
  • Alberto Martin-Utrera, Lancaster University
  • Massimo Massa, INSEAD
  • Ronald Masulis, University of New South Wales
  • Gregor Matvos, University of Texas at Austin
  • David Mauer, UNC Charlotte
  • Ernst Maug, Universität Mannheim
  • Robert L. McDonald, Northwestern University
  • David McLean, Georgetown University
  • William Megginson, University of Oklahoma
  • Pierre Mella-Barral, Toulouse Business School
  • Antonio Mello, University of Wisconsin-Madison
  • Javier Mencía, Bank of Spain
  • Albert Menkveld, VU University Amsterdam
  • Ouarda Merrouche, University Paris Nanterre and EconomiX
  • Thomas Mertens, Federal Reserve Bank of San Francisco
  • Daniel Metzger, Stockholm School of Economics
  • Filippo Mezzanotti, Northwestern University
  • Alex Michaelides, Imperial College London
  • Roni Michaely, University of Geneva
  • Sebastien Michenaud, DePaul University
  • Kristian R. Miltersen, Copenhagen Business School
  • Raoul Minetti, Michigan State University
  • Bernadette Minton, The Ohio State University
  • Indrajit Mitra, University of Michigan
  • Aksel Mjøs, Norwegian School of Economics (NHH)
  • Sophie Moinas, Toulouse Scool of Economics
  • Alan Moreira, University of Rochester
  • Alan Morrison, Said Business School
  • Fariborz Moshirian, University of New South Wales
  • Nathalie Moyen, University of Colorado Boulder
  • Holger M. Mueller, NYU Stern School of Business
  • Philippe Mueller, Warwick University
  • Alexander Muermann, WU Vienna University of Economics and Business
  • Tobias Muhlhofer, University of Miami
  • Tyler Muir, UCLA
  • Abhiroop Mukherjee, Hong Kong University of Science and Technology
  • Claus Munk, Copenhagen Business School
  • David Musto, University of Pennsylvania
  • Florian Nagler, Bocconi University
  • Amrita Nain, University of Iowa
  • Ramana Nanda, Harvard Business School
  • Vikram Nanda, University of Texas at Dallas
  • P. Narayanan, University of Michigan
  • Charles Nathanson, Northwestern University
  • Anthony Neuberger, Cass Business School
  • David Ng, Cornell University
  • Bang Nguyen, University of Cambridge
  • Kasper Meisner Nielsen, Copenhagen Business School
  • Alexandra Niessen-Ruenzi, University of Mannheim
  • Boris Nikolov, University of Lausanne, Swiss Finance Institute
  • Mattias Nilsson, U.S. Securities and Exchange Commission
  • Greg Nini, Drexel University
  • Thomas Noe, University of Oxford
  • Lars Norden, Getulio Vargas Foundation
  • Oyvind Norli, BI Norwegian Business School
  • Jaromir Nosal, Boston College
  • Peter Mikael Nyberg, Aalto University
  • Kjell Nyborg, University of Zurich
  • Stefan Obernberger, Erasmus University Rotterdam
  • Jacob Oded, Tel Aviv University
  • Per Nils Oestberg, University of Zurich
  • Micah Officer, Loyola Marymount University
  • Maureen O’Hara, Cornell University
  • Steven Ongena, University of Zurich
  • Christian Opp, The Wharton School, University of Pennsylvania
  • Marcus Opp, SSE
  • Anna Orlik, Federal Reserve Board
  • Evren Örs, HEC Paris
  • Hernan Ortiz-Molina, University of British Columbia
  • Fulvio Ortu, Bocconi University
  • Elisa Ossola, European Commission Joint Research Centre
  • Charlotte Ostergaard, BI Norwegian Business School
  • Clemens Otto, Singapore Management University
  • Alexei V. Ovtchinnikov, HEC Paris
  • Oguzhan Ozbas, University of Southern California
  • Emre Ozdenoren, London Business School
  • Marco Pagano, University of Naples Federico II
  • Emiliano Pagnotta, Imperial College Business School
  • Dino Palazzo, Federal Reserve Board
  • Darius Palia, Rutgers Business School
  • Christopher Palmer, MIT Sloan
  • Yihui Pan, University of Utah
  • Marios Panayides, University of Cyprus
  • Fausto Panunzi, Bocconi University
  • Daniel Paravisini, London School of Economics
  • Gianpaolo Parise, EDHEC Business School
  • Andreas Park, University of Toronto
  • Cecilia Parlatore, NYU Stern School of Business
  • Christine Parlour, UC Berkeley
  • Jerry Parwada, University of New South Wales
  • Paolo Pasquariello, University of Michigan
  • Nicola Pavanini, Tilburg University
  • Anna Pavlova, London Business School
  • Grzegorz Pawlina, Lancaster University
  • Bradley Paye, Virginia Tech
  • Neil D. Pearson, University of Illinois at Urbana-Champaign
  • Loriana Pelizzon, Goethe University Frankfurt
  • Joao Pereira, Nova School of Business and Economics
  • Joel Peress, INSEAD
  • Christophe Perignon, HEC Paris
  • Mohammad Hashem Pesaran, University of Southern California
  • Carolin Elisabeth Pflueger, University of British Columbia
  • L Phalippou, SBS Oxford
  • Gordon Phillips, Dartmouth College
  • Giorgia Piacentino, Columbia University
  • Alberto Plazzi, USI Università della Svizzera italiana
  • Christopher Polk, London School of Economics
  • Andrea Polo, Pompeu Fabra University, Barcelona GSE
  • Lukasz Pomorski, AQR Capital Management, LLC
  • Alexander Popov, European Central Bank
  • Paolo Porchia, LUISS University
  • Sebastien Pouget, Toulouse School of Economics
  • Annette B. Poulsen, University of Georgia
  • Paul Povel, University of Houston
  • Melissa Prado, Nova School of Business and Economics
  • Alessandro Previtero, Indiana University
  • Robert Prilmeier, Tulane University
  • Andy Puckett, University of Tennessee
  • Amiyatosh Purnanandam, University of Michigan
  • Yaxuan Qi, City University of Hong Kong
  • Wenlan Qian, National University of Singapore
  • Francisco Queiro, Nova School of Business and Economics
  • Rohit Rahi, London School of Economics
  • Uday Rajan, University of Michigan
  • Tarun Ramadorai, Imperial College Business School
  • Vikas Raman, Lancaster University
  • Rodney Ramcharam, USC
  • Adriano Rampini, Duke University
  • Angelo Ranaldo, University of St. Gallen
  • Otto Randl, WU Vienna University of Economics and Business
  • Jesper Rangvid, Copenhagen Business School
  • Raghavendra Rau, University of Cambridge
  • Abraham Ravid, Yeshiva University
  • Enrichetta Ravina, Northwestern University
  • Rina Ray, University of Colorado Denver
  • Michael J Rebello, University of Texas at Dallas
  • Adam Reed, University of Cambridge/UNC
  • Luc Renneboog, Tilburg University
  • Jonathan Reuter, Boston College
  • Robert Richmond, NYU Stern School of Business
  • Timothy Riley, University of Arkansas
  • Barbara Rindi, Bocconi University
  • Marcel Rindisbacher, Boston University
  • Matthew Ringgenberg, University of Utah
  • Ryan Riordan, Queen’s University
  • Jean-Charles Rochet, University of Geneva
  • Joerg Rocholl, ESMT Berlin
  • Michael Rockinger, University of Lausanne
  • Francesc Rodriguez Tous, Cass Business School
  • Petrus Gerardus Roosenboom, Erasmus University Rotterdam
  • Stefano Rossi, Bocconi University
  • Marzena Rostek, University of Wisconsin – Madison
  • Ioanid Rosu, HEC Paris
  • Stefan Ruenzi, University of Mannheim
  • Kristian Rydqvist, Binghamton University
  • Aleksandra Rzeznik, WU Vienna
  • Stefano Sacchetto, IESE Business School
  • Farzad Saidi, Stockholm School of Economics
  • Carolina Salva, University of Neuchatel
  • Francesco Sangiorgi, Frankfurt School of Finance & Management
  • Alessio Saretto, University of Texas at Dallas
  • Lucio Sarno, Cass Business School
  • Zacharias Sautner, Frankfurt School of Finance and Management
  • Julien Sauvagnat, Bocconi University
  • Pavel Savor, DePaul University
  • Stephen Schaefer, London Business School
  • Anna D. Scherbina, Brandeis University
  • Michael Schill, University of Virginia
  • Christian Schlag, Goethe University Frankfurt
  • Frederik Schlingemann, University of Pittsburgh, Erasmus University Rotterdam
  • Martin Schmalz, University of Michigan
  • Maik Schmeling, Goethe University Frankfurt
  • Lukas Schmid, Duke University
  • Markus Schmid, University of St. Gallen
  • Thomas Schmid, University of Hong Kong
  • Breno Schmidt, UNSW Sydney
  • Christoph Schneider, Tilburg University
  • Enrique Schroth, Cass Business School
  • Florian Schulz, University of Washington
  • Norman Schürhoff, University of Lausanne and SFI
  • Miriam Schwartz-Ziv, Michigan State University
  • Christopher Schwarz, UC Irvine
  • Mark Seasholes, Arizona State University
  • Rik Sen, University of New South Wales
  • Berk Sensoy, Vanderbilt University
  • Duane Joseph Seppi, Carnegie Mellon University
  • Piet Sercu, KU Leuven
  • Henri Servaes, London Business School
  • Felipe Severino, Dartmouth College
  • Merih Sevilir, Indiana University
  • Joel Shapiro, University of Oxford
  • Anil Shivdasani, UNC Chapel Hill
  • Sophie Shive, University of Notre Dame
  • Tao Shu, University of Georgia
  • Clemens Sialm, University of Texas at Austin
  • Richard Sias, University of Arizona
  • Stephan Siegel, University of Washington
  • Rui Silva, London Business School
  • Elena Simintzi, University of North Carolina
  • Andrei Simonov, Michigan State University
  • Mikhail Simutin, University of Toronto
  • Emil Siriwardane, Harvard Business School
  • Georgios Skoulakis, University of British Columbia
  • Jason Smith, Utah State University
  • Paolo Sodini, Stockholm School of Economics
  • Elvira Sojli, University of New South Wales
  • Carsten Sorensen, Copenhagen Business School
  • Morten Sørensen, Copenhagen Business School
  • Denis Sosyura, Arizona State University
  • Christophe Spaenjers, HEC Paris
  • Oliver Spalt, Tilburg University
  • Leon Bogdan Stacescu, BI Norwegian Business School
  • Jared Stanfield, University of New South Wales
  • Richard Stanton, UC Berkeley
  • Andreas Stathopoulos, University of North Carolina
  • Irina Stefanescu, Federal Reserve Board
  • Noah Stoffman, Indiana University
  • Alex Stomper, Humboldt University
  • Neal Stoughton, WU Vienna University of Economics and Business
  • Alexander Stremme, University of Warwick
  • Günter Strobl, Frankfurt School of Finance and Management
  • Per Strömberg, Stockholm School of Economics
  • Xunhua Su, Norwegian School of Economics
  • Avanidhar Subrahmanyam, University of Cambridge, UCLA
  • Marti   G. Subrahmanyam, NYU Stern School of Business
  • Johan Sulaeman, National University of Singapore
  • Savitar Sundaresan, Imperial College London
  • Adi Sunderam, Harvard Business School
  • Peter Lawrence Swan, UNSW Sydney
  • Marta Szymanowska, RSM, Erasmus University Rotterdam
  • Jerome Taillard, Babson College
  • Andrea Tamoni, London School of Economics
  • Dragon Yongjun Tang, University of Hong Kong
  • Monika Tarsalewska, University of Exeter Business School
  • Lucian Taylor, Wharton School, University of Pennsylvania
  • Claudio Tebaldi, Bocconi University
  • Melvyn Teo, Singapore Management University
  • Wing Wah Tham, University of New South Wales
  • Erik Theissen, University of Mannheim
  • David Thesmar, MIT Sloan
  • James R. Thompson, University of Waterloo
  • Karin Thorburn, NHH Norwegian School of Economics
  • Katrin Tinn, Imperial College Business School
  • Stathis Tompaidis, University of Texas at Austin
  • Qing Tong, Renmin University of China
  • Rick Townsend, UCSD
  • Anh Tran, Cass Business School
  • Fabio Trojani, University of Geneva, Swiss Finance Institute
  • Charles Trzcinka, Indiana University
  • Yuri Tserlukevich, ASU
  • Margarita Tsoutsoura, Cornell University
  • Sergey Tsyplakov, University of South Carolina
  • Jun Tu, Singapore Management University
  • Harry Turtle, Colorado State University
  • Raman Uppal, EDHEC Business School
  • Francisco Urzua, Cass Business School
  • Boris Vallee, Harvard Business School
  • Philip Valta, University of Bern
  • Michel van der Wel, Erasmus University Rotterdam
  • Mathijs van Dijk, Erasmus University Rotterdam
  • Vincent van Kervel, Catholic University of Chile
  • Stijn Van Nieuwerburgh, Columbia University Graduate School of Business
  • Edward van Wesep, University of Colorado Boulder
  • Felipe Varas, Duke University
  • Alexander Vedrashko, Simon Fraser University
  • Clara Vega, Federal Reserv Board of Governors
  • Laura Veldkamp, Columbia Business School
  • Kumar Venkataraman, Southern Methodist University
  • Gyuri Venter, Copenhagen Business School
  • Michela Verardo, London School of Economics
  • Adrien Verdelhan, MIT Sloan School of Management
  • Carles Vergara-Alert, IESE Business School
  • Patrick Verwijmeren, Erasmus University Rotterdam
  • James Vickery, Federal Reserve Bank of New York
  • Anand M. Vijh, University of Iowa
  • Grigory Vilkov, Frankfurt School of Finance and Management
  • Annette Vissing-Jorgensen, UC Berkeley
  • (Vish) Viswanathan, Duke University
  • Xavier Vives, IESE Business School
  • Paolo Volpin, Cass Business School
  • Ulf von Lilienfeld-Toal, University of Luxembourg
  • Ernst-Ludwig (Elu) von Thadden, University of Mannheim
  • Guillaume Vuillemey, HEC Paris
  • Alexander Wagner, University of Zurich, Swiss Finance Institute
  • Christian Wagner, WU Vienna
  • Hannes F. Wagner, Bocconi University
  • Johan Walden, UC Berkeley
  • Nancy Wallace, University of California, Berkeley
  • Ansgar Walther, Imperial College London
  • Jessie Jiaxu Wang, Arizona State University
  • Rong Wang, Singapore Management University
  • Sarah Qian Wang, University of Warwick
  • Wenyu Wang, Indiana University
  • Xinxin Wang, UNC
  • Zhenyu Wang, Indiana University
  • Akiko Watanabe, University of Alberta
  • Masahiro Watanabe, University of Alberta
  • Martin Weber, University of Mannheim
  • Michael Weber, University of Chicago
  • K.C. John Wei, Hong Kong Polytechnic University
  • Mark Westerfield, University of Washington
  • Ramona Westermann, Copenhagen Business School
  • James Weston, Rice University
  • Rohan Garfield Williamson, Georgetown Univresity
  • Yupana Wiwattanakantang, National University of Singapore
  • Avi Wohl, Tel Aviv University
  • Andrew Wu, University of Michigan
  • Jing Cynthia Wu, University of Notre Dame
  • Youchang Wu, University of Oregon
  • Jeffrey Allen Wurgler, NYU Stern School of Business
  • Mindy Xiaolan, University of Texas at Austin
  • Dacheng Xiu, University of Chicago
  • Jin Xu, Virginia Tech
  • Yan Xu, University of Hong Kong
  • Yuhai Xuan, University of Illinois at Urbana-Champaign
  • Pradeep Yadav, University of Oklahoma
  • Hongjun Yan, DePaul University
  • Jie Yang, Federal Reserve Board
  • Ke Yang, Lehigh University
  • Li Yang, University of New South Wales
  • Liu Yang, University of Maryland
  • Liyan Yang, University of Toronto
  • Tong Yao, University of Iowa
  • David Yermack, NYU Stern School of Business
  • Scott Yonker, Cornell University
  • Youngsuk Yook, Federal Reserve Board
  • Jianfeng Yu, PBCSF, Tsinghua University
  • Xiaoyun Yu, Indiana University
  • Bart Yueshen, INSEAD
  • Konstantinos E. Zachariadis, Queen Mary University of London
  • Alminas Zaldokas, Hong Kong University of Science and Technology
  • Rafael Zambrana, Nova School of Business and Economics
  • Fernando Zapatero, University of Southern California
  • Rebecca Zarutskie, Federal Reserve Board
  • Josef Zechner, WU Vienna
  • Jason Zein, University of New South Wales
  • Jaime F. Zender, University of Colorado Boulder
  • Bohui Zhang, The Chinese University of Hong Kong, Shenzhen
  • Chu Zhang, Hong Kong University of Science and Technology
  • Feng Zhang, University of Utah
  • Huiping Zhang, James Cook University
  • Lu Zhang, Ohio state university
  • Wenrui Zhang, Chinese University of Hong Kong
  • Zhe Zhang, Singapore Management University
  • Mengxin Zhao, U.S. Securities and Exchange Commission
  • Xiaofei Zhao, Georgetown University
  • Alexei Zhdanov, Penn State University
  • Lu Zheng, University of California, Irvine
  • Guofu Zhou, Washington University in St. Louis
  • Haoxiang Zhu, MIT Sloan School of Management
  • John Zhu, Wharton
  • Hong Zou, University of Hong Kong
  • Irina Zviadadze, Stockholm School of Economics
  • Eric Zwick, University of Chicago Booth School of Business