Programme

• Time
• Title

• Opening remarks by Paul Ehling (BI)

• Session 1 chaired by Øyvind Norli (BI)

  Joao Gomes (Wharton): Foreseen Risks

  Discussant: Bernard Dumas (INSEAD)

  Hengjie Ai (Minnesota): The Collateralizability Premium

  Discussant: Christian Heyerdahl-Larsen (LBS)

• Break

• Session 2 chaired by Tatyana Marchuk (BI)

  Mattias Kehrig (Duke): Do Firms Mitigate or Magnify Capital Misallocation?

  Evidence from Plant-Level Data

  Discussant: Ilan Cooper (BI)

  Evgeny Lyandres (Boston University): Misvaluation of Investment Options

  Discussant: Alessandro Graniero (BI)

• Lunch

• Session 3 chaired by Sven Klinger (BI)

  Tim Landvoigt (Wharton): A Macroeconomic Model with Financially Constrained Producers and Intermediaries

  Discussant: Iván Alfaro (BI)

  Youchang Wu (Oregon): Production Networks and Stock Returns: The Role of Vertical Creative Destruction

  Discussant: Patrick Konermann (BI)

• Break

• Session 4 chaired by Espen Henriksen (BI)

  Iván Alfaro (BI): The Finance Uncertainity Multiplier

  Discussant: Zhanhui Chen (NTU)