2025 Program
The Thirty-fourth Annual Utah Winter Finance Conference will be held February 6-8, 2024. The opening reception begins Wednesday evening, February 5th. The location is the beautiful Cliff Lodge at Snowbird.
Wednesday February 5th
Opening Reception 6:30-8:30 pm
Thursday February 6th
Session I: METHODOLOGY - Thursday 7:30-9:15 am
Session Chair: Jonathan Berk (Stanford)
Authors: Victor DeMigual (LBS), Li Guo (Fudan), Bo Sung (Bristol) and Zhe Zhang (SMU)
Discussant: Bryan Kelly (Yale)
Investigating Instruments with Meta Regressions
Authors: Aaron Pancost (Texas) and Garrett Schaller (Colorado State)
Discussant: Lucian Taylor (Wharton)
Session II: Investors' Behavior - Thursday 5:45-7:30 pm
Session Chair: Lubos Pastor (Chicago)
Educating Investors About Dividends
Authors: Andreas Hackethal (Goethe University), Tobin Hanspal (WU), Samuel Hartzmark (BC), and Konstantine Brauer (Goethe University)
Discussant: Michael Weber (Chicago)
Categorical Thinking About Interest Rates
Authors: Kelly Shue (Yale), Richard Townsend (UCSD) and Chen Wang (Notre Dame)
Discussant: Luigi Zingales (Chicago)
Friday February 7th
Session III: Corporate Finance - Friday 7:30-9:15 am
Session Chair: Peter DeMarzo (Stanford)
Financially Sophisticated Firms
Authors: Kerry Siani (MIT) and Lira Mota (MIT)
Discussant: Adriano Rampini (Duke)
Corporate Finance Through Loyalty Programs
Author: Dan Luo (Chinese University of Hong Kong)
Discussant: David Yermack (NYU)
Session IV: On Expected Rates of Returns - Friday 5:45-7:30 pm
Session Chair: Mark Grinblat (UCLA)
Author: Stavros Panageas (UCLA)
Discussant: Martin Lettau (Berkeley)
Firms' Perceived Cost of Capital
Authors: Niels Joachim Gormsen (Chicago) and Killian Huber (Chicago)
Discussant: Joel David (FRB - Chicago)
Saturday February 8th
Session V: MACRO FINANCE - Saturday 7:30-9:15 am
Session Chair: Mike Fishman (Kellogg)
Barriers to Global Capital Allocation
Authors: Bruno Pellegrino (Columbia), Enrico Spolaore (Tufts) and Romain Wacziarg (UCLA)
Discussant: Adrien Verdelhan (MIT)
Business Liquidity and Information Cycles
Authors: Gorkem Bostanci (UBC) and Guillermo Ordonez (U of Penn)
Discussant: Lukas Schmid (USC)
Saturday Dinner Presentation
AI-Powered (Finance) Scholarship
Authors: Robert Novy Marx (Rochester) and Mihail Velikov (Penn State)
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