Thirteenth Annual Napa Conference on Financial Markets Research

For the Information about the current Conference, click here.

Friday, April 15, 2016

4:00 pm – Hotel check-in

Harvest Inn 
One Main Street
St. Helena, CA 94574
Telephone: 1 707 963 9463

6:15 pm – Meet in Hotel lobby, carpool to Cindy’s Backstreet Kitchen

6:30 pm – Welcome Dinner, Cindy’s Backstreet Kitchen

Cindy’s Backstreet Kitchen
1327 Railroad Avenue,
Yountville, CA 94599

Saturday, April 16, 2016

7:00 am – Continental Breakfast, Harvest Inn

8:15 am – Meet in Lobby, Carpool to Cakebread Cellars

8:30 am – Welcome

Cakebread Cellars (Pond Building)
8300 Saint Helena Hwy
Napa, CA 94558


Excess Volatility: Beyond Discount Rates (8:45 am – 9:30 am)
Stefano Giglio, University of Chicago
Bryan Kelly, University of Chicago

Bank Credit and Unemployment (9:30 am – 10:15 am)
Jason Donaldson, Washington University in St. Louis
Giorgia Piacentino, Washington University in St. Louis
Anjan Thakor, Washington University in St. Louis

Break (10:15 am – 10:45 am)

Do Director Elections Matter?  (10:45 am – 11:30 am)
Vyacheslav Fos, Boston College
Kai Li, University of British Columbia
Margarita Tsoutsoura, University of Chicago

Whistleblowers on the Board? The Role of Independent Directors in Cartel Prosecutions  (11:30 am – 12:15 am)
Murillo Campello, Cornell University
Daniel Ferrés, Universidad de Montevideo
Gaizka Ormazabal, IESE Business School

Luncheon (12:15 pm – 2:00 pm, Cakebread Cellars, Winery House)

Costly Financial Advice: Conflicts of Interest or Misguided Beliefs? (2:00 pm – 2:45 pm)
Juhani Linnainmaa, University of Chicago
Brian Melzer, Northwestern University
Alessandro Previtero, University of Texas at Austin and Western University 

Teachers Teaching Teachers: The Role of Networks on Financial Decisions (2:45 pm – 3:30 pm)
Gonzalo Maturana, Emory University
Jordan Nickerson, Boston College

(Presenters appear in bold type.)

WINE TASTING, 3:30 pm – 4:30 pm, Pond Building (deck) (carpool back to Harvest Inn at the conclusion of the wine tasting)

5:45 pm – Meet in Hotel lobby, carpool to Goose and Gander Restaurant 

6:00 pm – Dinner

Goose and Gander
1245 Spring Street
St. Helena Ca. 94574

Sunday, April 17, 2016

7:00 – 11:00 am – Continental Breakfast – Harvest Inn 

12:00 pm – Hotel Check-out