Twelfth Annual Napa Conference on Financial Markets Research

For the Information about the current Conference, click here.

Friday, March 27, 2015

4:00 pm – Hotel check-in

Villagio Inn & Spa
6481 Washington Street
Yountville, CA 94599

6:15 pm – Meet in Hotel lobby, walk to Bottega Restaurant

6:30 pm – Welcome Dinner, Bottega Restaurant

Bottega Restaurant
6525 Washington Street
Yountville, CA 94599

Saturday, March 28, 2015

7:00 am - Continental Breakfast, Villagio Inn and Spa

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


Institutional Investors and Stock Return Anomalies (8:45 am – 9:30 am)

Roger Edelen, University of California, Davis
Ozgur Ince, University of South Carolina
Greg Kadlec, Virginia Tech

Does Household Finance Matter? Small Financial Errors with Large Social Costs (9:30 am – 10:15 am)

Harjoat S Bhamra, CEPR and Imperial College Business School
Raman Uppal, CEPR and Edhec Business School

Break (10:15 am – 10:45 am)

Who Benefits from Bond Market Modernization? (10:45 am – 11:30 am)

David Musto, The Wharton School, University of Pennsylvania
Jillian Popadak, Duke University

Debt Restructuring Costs and Bankruptcy Risk: Evidence from CDS Spreads (11:30 am – 12:15 pm)

Tomislav Ladika, University of Amsterdam
Rafael Matta, University of Amsterdam
Murillo Campello, Cornell University

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

Market and Regional Segmentation and Risk Premia in the First Era of Financial Globalization (2:00 pm – 2:45 pm)

David Chambers, Judge Business School, University of Cambridge
Sergei Sarkissian, McGill University
Michael Schill, University of Virginia

Information Networks: Evidence from Illegal Insider Trading Tips (2:45 pm – 3:30 pm)

Kenneth R Ahern, University of Southern California

(Presenters appear in bold type.)

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

5:45 pm – Meet in Hotel lobby, walk to Hurley’s  Restaurant

6:00 pm – Dinner

Hurley’s Restaurant
6518 Washington Street
Yountville, CA 94599

Sunday, March 29, 2015

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

12:00 pm – Hotel Check-out