Festschrift 2016 - Conference in Honor of the 70th Birthday of Marti G. Subrahmanyam
NYU Stern School of Business
44 W 4th Street
New York, New York
KEYNOTE LECTURE BY ROBERT C. MERTON
MIT SLOAN SCHOOL OF MANAGEMENT
Friday, September 16, 2016
5:30 p.m. Reception*
NYU Stern, Henry Kaufman Management Building
11th Floor, Abbe-Bogen/Cantor Faculty Lounge, 44 W. 4th Street
Welcome Address: Peter Henry, Dean, NYU Stern School of Business
Speaker: Edward Altman, NYU Stern School of Business
7:30 p.m. Dinner*
Rosenthal Pavillon, NYU Kimmel Center
10th Floor, 60 Washington Square South
Master of Ceremonies: Viral Acharya, NYU Stern School of Business
8:30 p.m. Keynote Addresses
Robert C. Merton, Nobel Laureate in Economics and School of Management Distinguished Professor of Finance, MIT Sloan School of Management
“Marti Subrahmanyam, the Early Years, at the Inflection Point of Modern Finance”
9:30 p.m. Speakers
Menachem Brenner, NYU Stern School of Business
Narayanan Vaghul, Former Chairman, ICICI Bank
N.R. Narayana Murthy, Founder and Former Chairman, Infosys
Atsushi Yoshikawa, Senior Advisor and Former President & COO, Nomura Holdings
Chanda Kochhar, Managing Director & CEO, ICICI Bank
Sang Yong Park, Yonsei University
Marthi Venkatesh Mannar, Founder and Former President, Micronutrient Initiative
Marti G. Subrahmanyam, NYU Stern School of Business
Saturday, September 17, 2016
Master of Ceremonies: Ingo Walter, NYU Stern School of Business
Venue: Gitlow Amphitheater, NYU Stern, Henry Kaufman Management Building, 44 W. 4th Street
SESSION I: MARTI'S PHD STUDENTS
9:00 a.m. Chair: Jun Uno, Waseda University
Risk-Sharing and the Creation of Systemic Risk by Viral Acharya, Aaditya Iyer, and Rangarajan K Sundaram
Viral Acharya, NYU Stern School of Business
Discussant: Stewart Myers, MIT Sloan School of Management
9:45 a.m. Chair: Loriana Pelizzon, Goethe University
Credit Risk Hedging by Nina Boyarchenko and Or Shachar.
Or Shachar, Federal Reserve Bank of New York
Discussant: Dragon Tang, University of Hong Kong
10:30 a.m. Coffee Break*
11:00 a.m. Chair: Robert Whitelaw, NYU Stern School of Business
Margin Credit and Stock Return Predictability by Prachi Deuskar, Nitin Kumar, and Jeramia Allan Poland
Prachi Deuskar, Indian School of Business
Discussant: Rainer Jankowitsch, Vienna University of Economics and Business
SESSION II: MARTI'S CO-AUTHORS I
11:45 a.m. Chair: Raghu Sundaram, NYU Stern School of Business
Belief Dispersion in the Stock Market by Adem Atmaz and Suleyman Basak
Suleyman Basak, London Business School
Discussant: Michael Brennan, UCLA Anderson School of Management
Lunch Break
Venue: 11th Floor, Cantor Boardroom, 44 W. 4th Street
12:30 p.m. Lunch and Storytelling*
Welcome Address: Elizabeth Morrison, NYU Stern School of Business
Speaker: Gunter Franke, University of Konstanz
SESSION III: MARTI'S CO-AUTHORS II
2:00 p.m. Chair: Wolfgang Bühler, University of Mannheim
Multi-Market Trading and Cross-Asset Integration by P. Augustin, F. Jiao, S. Sarkissian, and M. Schill
Patrick Augustin, McGill University
Discussant: Sreedhar Bharath, Arizona State University
2:45 p.m. Chair: Anthony Saunders, NYU Stern School of Business
Interbank Intermediation by Marcel Bluhm, Ci-Pierre Georg, and Jan-Pieter Krahnen,
Jan-Pieter Krahnen, Goethe University and Frankfurt House of Finance
Discussant: Thomas Chemmanur, Boston College
3:30 p.m. Coffee Break
SESSION IV: MARTI'S CO-AUTHORS III
4:00 p.m. Chair: Paolo Pasquariello, University of Michigan
Risk Management with Supply Contracts by Heitor Almeida, Kristine Watson Hankins, and Ryan Williams
Heitor Almeida, University of Illinois
Discussant: Anurag Gupta, Case Western Reserve University
5:45 p.m. Closing Remarks: Marti G. Subrahmanyam, NYU Stern School of Business
Video of the Event - Available upon request, email bdd6270@stern.nyu.edu
Scientific and Organizing Committee:
Viral Acharya, Patrick Augustin, Uttara Marti, Usha
Subrahmanyam, Davide Tomio, David Yermack
*Sponsored by NYU Stern School of Business