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Conference Organizers

Paolo Fulghieri and Anil Shivdasani
University of North Carolina at Chapel Hill
Kenan-Flagler Business School


Conference Venue

Teton Mountain Lodge
3385 West Village Drive, PO Box 564
Teton Village, WY 83025


Preliminary Program

Thursday, January 24, 2008

6:00pm Welcome reception (cash bar, hotel bar)


Friday, January 25, 2008


7.30am – 8:30am Breakfast and Session 1 (Teton Room)


Adriano Rampini (Duke, Fuqua)
Topic: Collateral, Financial Intermediation and the Distribution of Debt Capacity
Co-author: S. Viswanathan (Duke, Fuqua)


5.30pm – 7:15pm Session 2: Session moderator – Anil Shivdasani, (UNC) (Teton Room)


Raghu Rajan (Chicago GSB)
Topic: Landed Interests and Financial Underdevelopment in the United States
Co-author: Rodney Ramcharan (International Monetary Fund)


Matthew Spiegel (Yale)
Topic: Dynamic Competition, Innovation, and Strategic Financing
Co-author: Heather Tookes (Yale)


7:30pm Dinner (Mangy Moose)
Saturday, January 26, 2008


7.30am – 8:30am Breakfast and Session 3 (Teton Room)

Anh Le (UNC, Kenan-Flagler)
Topic: Discret-time Dynamic Term Structure Models with Generalized Market Prices of Risk
Co-authors: Quiang Dai (Capula IM) and Kenneth Singleton (Stanford GBS)


5.30pm – 7:15pm Session 4: Session moderator – Anjan Thakor (WUSTL) (Teton Room)


Jonathan Berk (University of California Berkeley, Haas)
Topic: A Critique of the Efficient Market Hypothesis


Dirk Hackbarth (Washington University, Olin)
Topic: Corporate Financing and Investment: On the Dynamics of the Credit Multiplier
Co-author: Murillo Campello (University of Illinois at Urbana-Champaign)



Paper presentations: 20 min.

Group discussions: 20 min.
JH Weather:

Updated: Jan. 24, 2008

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