Inaugural Rutgers Finance Research Conference Program

April 30, 2026 - May 1, 2026

Organized by Ivan Brick and Darius Palia

Thursday, April 30, 2026

 

12:00 – 12:30 pm

 

Registration

Welcome:

12:30 – 12:45 pm

 

Dr. Lei Lei, Dean, Rutgers Business School
Ivan Brick, Director, Whitcomb Center, Rutgers Business School
Darius Palia, Chairman, Finance & Economics, Rutgers Business School 

Session 1:

12:45 – 2:15 pm  

 Chair: Ivan Brick, Rutgers 

Entrepreneurship on a Safety Net: Evidence from the World’s Largest Cash Transfer Program
Murillo Campello, Florida, NBER
Guilherme Junqueira, Florida
Spyridon Lagaras, Illinois

Discussant: Jarred Harford, Washington

Do Institutional Investors Trade on Covenant Violations
Anthony Saunders, NYU Stern 
Sascha Steffen, Frankfurt, CEPR
Paulina M. Verhoff, Frankfurt

Discussant: Robert Prilmeier, Tulane

 

2:15 – 2:30 pm

 

Break

Session 2:

2:30 – 4:00 pm

Chair: Morris Davis, Rutgers

Target Allocation Funds, Strategic Complementarities, and Market Fragility
Chuck Fang, Drexel University
Itay Goldstein, Wharton, NBER

Discussant: Jay Wang, Oregon

FCI-star
Ricardo J. Caballero, MIT, NBER
Tomas E. Caravello, MIT
Alp Simsek, Yale, NBER, CEPR

Discussant: Karthik Shastry, Princeton

 Dinner cruise: Bus leaves at 4:15 pm from  the lobby.
Friday, May 1, 2026

 

8:00 – 9:00 am

 

Breakfast

Session 3:

9:00 – 10:30 am

Chair: Darius Palia, Rutgers

Too-Many-To-Ignore: Regional Banks and CRE Risks
Franz J. Hinzen, Tuck at Dartmouth 
Felipe Severino, Tuck at Dartmouth
Stijn Van Nieuwerburgh, Columbia

Discussant: Chris James, Florida

Mired in Losses: How the Disposition Effect Depresses Purchase Behavior
Brad M. Barber
Rongtai Chu, Peking
Yu-Jane Liu, Peking
Terrance Odean, Berkeley
Yushui Shi, Monash

Discussant: Jay Huang, Penn State

 

10:30 – 10:45 am

 

Break

Session 4:

10:45 – 12:15 pm

Chair: Yangru Wu, Rutgers

How Do Government Guarantees Affect Deposit Supply 
Thomas Flanagan, Ohio State
Edward T. Kim, Michigan
Shohini Kundu, UCLA, CEPR
Amiyatosh Purnanandam, Texas

Discussant: Manju Puri, Duke, NBER 

The Consequences of Fund-level Liquidity Requirements
Indraneel Chakraborty, Miami
Elia Ferracuti, Duke
John Heater, Minnesota 
Matthew Phillips, MIT

Discussant: Antonio Falato, Federal Reserve Board

 

12:15 pm – 1:15 pm

 

Lunch

Session 5:

1:15 – 2:45 pm

Chair: Simi Kedia, Rutgers 

Policy by Committee
Toomas Laarits, NYU Stern
Ben Matthies, University of Notre Dame
Kaushik Vasudevan, Purdue
Will Yang, Yale University

Discussant: Lubomir Litov, Oklahoma

Demand Elasticity in the Primary Market for Corporate Bonds
Edith Hotchkiss, Boston College
Liying Wang, Nebraska-Lincoln
Yijia (Eddie) Zhao, Massachusetts-Boston

Discussant: Jennie Bai, Georgetown

 

3:00 – 5:00 pm 

Keynote Speaker: Professor Viral Acharya, NYU, NBER
Editor, Review of Financial Studies

Reception and Farewell