2nd PhD Student Symposium on Financial Market Research and Policy Developments

Conference dates

11 Aug 2021 - 12 Aug 2021

Location

University of Texas, McCombs School of Business - virtual event

Description

The Salem Center for Policy at the McCombs School of Business is pleased to host its second doctoral student symposium designed for Ph.D. candidates in finance, accounting, economics, and related disciplines, who are in the process of developing a financial markets research program. Students will engage researchers from leading universities, industry, and regulatory agencies to learn how academic research influences policy decisions. A series of panel discussions will introduce students to active policy issues, open research questions, and how current developments can motivate and shape a research agenda, including through the lens of journal editors. Selected students will be invited to present their working papers and research ideas to program participants, and uniquely receive combined feedback from academics, practitioners, and regulators.

The two-day program will host four plenary sessions and eight special tracks centered on unique areas of financial market regulation. Each track will host a 90-minute student paper presentation session and a 60-minute panel discussion on current industry trends and potential regulatory issues/considerations.

REGISTRATION AND CALL FOR PAPERS

Register at: https://events.mccombs.utexas.edu/phdsymposium2021

Once registered, students can submit a working paper relevant to at least one of the special track topic areas. Selection decisions will begin no sooner than June 28, and students must submit working papers by July 16 to guarantee consideration for open positions.

PROGRAM

WEDNESDAY, AUGUST 11

Welcome address at 9:55 a.m. (6:55 am Pacific / 2:55 pm London) – All times listed in Eastern Daylight Time (EDT) unless otherwise stated

Plenary 1 – The role of academic research in navigating the pandemic (10:00 – 11:15 a.m.)
- Tobias Adrian, Financial Counsellor of the IMF
- James Poterba, MIT and President of the NBER
- Jeremy Stein, Harvard University
- Sheridan Titman, University of Texas at Austin (moderator)

Day 1 Special Track Sessions (11:30 a.m. – 2:30 p.m.) including a 90-minute student paper presentation session and a 60-minute panel discussion on current industry trends and potential regulatory issues/considerations.

Track 1. Standard Setting, ESG, and Climate
- organized by Mary Barth, Stanford University; Jeffrey Hales, University of Texas at Austin; John Schindler, Federal Reserve Board of Governors; Rupert Thorne, Financial Stability Board.

Track 2. Bank Financial Intermediation
- organized by Anjan Thakor, Washington University in St. Louis; Joao Santos, New York Federal Reserve Bank.

Track 3. Raising Capital
- organized by Jonathan Cohn, University of Texas at Austin; Kathleen Hanley, Lehigh University; Olga Itenberg, U.S. SEC

Track 4. FinTech
- organized by Cesare Fracassi, University of Texas at Austin; K. Jeremy Ko, Upstart; Igor Kozhanov, U.S. SEC; David Mills, Federal Reserve Board of Governors.

Plenary 2. Economics and Market Effects of Climate Risk (2:45 – 4:00 p.m.)
- Laura Starks, University of Texas at Austin (moderator)
- John Cochrane, Stanford University
- Anil Kashyap, University of Chicago
- James Stock, Harvard University

THURSDAY, AUGUST 12

Plenary 3. Journal Editors on policy considerations in the editorial process (10:00 –11:15 a.m.)
- Mark Lang, University of North Carolina, Editor, Journal of Accounting and Economics
- Andrew Karolyi, Cornell University, past Executive Editor, Review of Financial Studies (moderator)
- Amit Seru, Stanford University, Co-Editor, Journal of Finance
- Laura Veldkamp, Columbia University, member of Advisory Board, Journal of Economic Theory.

Day 2 Special Track Sessions (11:30 a.m. – 2:30 p.m.) including a 90-minute student paper presentation session and a 60-minute panel discussion on current industry trends and potential regulatory issues/considerations.

Track 5. Fraud and Misconduct
- organized by Marco Enriquez, U.S. SEC; John Griffin, University of Texas at Austin; Jennifer Marietta, Cornerstone Research; Daniel Taylor, Wharton.

Track 6. Asset Management
- organized by Sean Collins, Investment Company Institute; Ananth Madhavan, BlackRock; Alex Schiller, U.S. SEC; Russell Wermers, University of Maryland.

Track 7. Corporate Governance, Conflicts of Interest, and Disclosure
- organized by Reena Aggarwal, Georgetown University; Jeffrey Coles, University of Utah; Mattias Nilsson, U.S. SEC.

Track 8. Technology and Trading
- organized by Jonathan Brogaard, University of Utah; Peter Dixon, U.S. SEC; Jonathan Sokobin, FINRA; Kumar Venkataraman, SMU.

Plenary 4. How academic research can inform priorities in the current administration (2:45 – 4:00 p.m.)
- Scott Bauguess, University of Texas at Austin (moderator)
- Larry Harris, USC
- Chester Spatt, Carnegie Mellon University
- [TBD]

OTHER PROGRAM PARTICIPANTS AND ORGANIZERS

Albert S. (“Pete”) Kyle, University of Maryland; S.P. Kothari, MIT; Craig Lewis, Vanderbilt University; Clemens Sialm, University of Texas at Austin;

ADDITIONAL REGISTRATION DETAILS
The Conference is open to all students actively enrolled in a Ph.D. program in accounting, finance, economics, or related-discipline. Registration fee for virtual participation is $45. Hardship waivers available for students unable to meet the financial burden. The program is also open to PREDOC students.

SPONSOR
The Salem Center for Policy at the McCombs School of Business, University of Texas at Austin. Program organizer, Scott Bauguess, Director, Program on Financial Markets Regulation, bauguess@mccombs.utexas.edu.