Advances in Behavioral Finance

Organized by
The Institute for International Economic Policy
and
The International Monetary Fund Institute

This will be an all day conference

Keynote speaker: Prof. George Akerlof (UC-Berkeley and IMF)

Thursday, May 26, 2011

Elliott School of International Affairs
City View Room 7th Floor
1957 E Street NW
Washington, DC 20052

8:15 a.m.-8:45 a.m. Breakfast

8:45 a.m.-9:00 a.m. Opening Remarks IIEP Director Stephen C. Smith and IMF Institute Deputy Director Eric Clifton

9:00 a.m.-10:30 a.m. Session 1
Prof. William Goetzmann (Yale University)“The First Stock Market Bubble (and Crash!)”
Prof. Robert Stambaugh (University of Pennsylvania): “The Short of It: Investor Sentiment and Anomalies”

10:30 a.m.-10:50 a.m. Coffee Break

10:50 a.m.-12:20 p.m. Session 2
Prof. Avanidhar Subrahmanyam (UCLA): “Funding Constraints and Market Efficiency”
Prof. Russ Wermers (University of Maryland)“Seasonal Asset Allocation: Evidence from Mutual Fund Flows”

12:20 p.m.-1:30 p.m. Lunch Break

1:30 p.m.-3:00 p.m. Session 3
Prof. Robert Bloomfield (Cornell University)“The Synthetic Economy Research Environment (SERE): A Platform for Experiments in Policy and Practice”
Prof. Bill Zame (UCLA): “Ambiguity and Asset Pricing: Learning from the Knowledge of Others” – Paper 1 and Paper 2

3:00 p.m.-3:20 p.m. Coffee Break

3:20 p.m.-4:50 p.m. Session 4
Prof. Valery Polkovnichenko (University of Texas at Dallas): “Probability Weighting Functions Implied in Options Prices”
Prof. Jeffrey Wurgler (NYU)“Dividends as Reference Points: A Behavioral Signaling Model”

4:50 p.m.-5:00 p.m. Coffee Break

5:00 p.m.-6:00 p.m. Keynote Address and Open Floor Discussion:
Prof. George Akerlof (UC-Berkeley and IMF): “Blind Faith: Misplaced Trust and Economic Crisis”

 

Organizing Commmittee:

Marco Cipriani, International Monetary Fund

Ana Fostel, George Washington University

Jorge Roldos, International Monetary Fund

Anna Scherbina, UC Davis and International Monetary Fund

Stephen C. Smith, George Washington University

GW is committed to digital accessibility. If you experience a barrier that affects your ability to access content on this page, let us know via the Accessibility Feedback Form.