skip main site navigation go to current site section navigation

Events | Texas Finance Festival

  • UT Tower at night

    The conference that gives a real Texas experience.

    Austin | Texas

Texas Finance Festival

The 14th Annual Texas Finance Festival
April 26-28, 2012
Sponsored by the Department of Finance at The University of Texas at Austin and the Review of Financial Studies (RFS)

History of the Conference

The first meeting of the Texas Finance Festival (TFF) was in Kerrville, Texas, in 1999. The Kerrville Folk Music Festival is held annually in Kerrville, thus the name for our conference. Since then, the conference has been held in San Antonio, Austin, and most recently Horseshoe Bay. The 2012 edition of TFF will be at Marble Falls on the first day and Austin on the second day.

Schedule

 Thursday, April 26th
 7:00 p.m. Dinner at Iron Cactus
606 Trinity St.
Austin, TX 78701
 Friday, April 27th
6:15 a.m. Early Breakfast at the AT&T Center in the Carillon
*A later breakfast will be offered upon arrival to the Retreat at Balcones Springs 
6:55 a.m. Travel to The Retreat at Balcones Springs
104 Balcones Springs Drive
Marble Falls, TX 78654
When there are multiple authors, presenting author is underlined.
8:30 a.m.

Paper 1: “Reputation and Signaling”
Presenter:
Barney Hartman-Glaser (Duke University)
Discussant: Bilge Yilmaz (Wharton)

9:30 a.m. Break
9:40 a.m.

Paper 2: “Strategic Investment, Industry Concentration, and the Cross Section of Expected Returns”
Presenter: Maria Cecilia Bustamante (London School of Economics)

Discussant: Richard Green (Carnegie Mellon University)

10:40 a.m. Break
10:50 a.m.

Paper 3: “Resource Allocation within Firms and Financial Market Dislocation: Evidence from Diversified Conglomerates”  

Presenter: Gregor Matvos (University of Chicago), Amit Seru (University of Chicago) 
Discussant: Andrea Eisfeldt (UCLA)

11:50 a.m. Lunch and Activities
2:35 p.m.

Paper 4: “Firm Characteristics and Stock Returns: The Role of Investment-Specific Shocks”
Presenter: Leonid Kogan (MIT), Dimitris Papanikolaou (Northwestern University)
Discussant: David Chapman (Boston College)

3:35 p.m.

Break

3:45 p.m.

Paper 5: “Do Relationships Matter? Evidence from Loan-Officer Absenteeism”
Presenter: Alejandro Drexler (University of Texas at Austin), Antoinette Schoar (MIT) 
Discussant: Amiyatosh Purnanandam (University of Michigan) 

4:45 p.m.

Travel to Lake Austin for Dinner Cruise

6:00 p.m. Boat Departs
9:00 p.m. Boat Returns
 Saturday, April 28th
 7:30 a.m. Breakfast at the AT&T Center in the Tejas Dining Room
8:30 a.m.

Paper 6: “Endogenous Liquidity and Defaultable Bonds”
Presenter: Zhiguo He (University of Chicago), Konstantin Milbradt (MIT) 

Discussant: Nicolae Garleanu (UC Berkeley) 

9:30 a.m. Break
9:40 a.m.

Paper 7: “International Asset Pricing with Risk-Sensitive Agents”  Presenter: Riccardo Colacito (University of North Carolina at Chapel Hill), Mariano M. Croce (University of North Carolina at Chapel Hill) 
Discussant: Leonid Kogan (MIT)

10:40 a.m. Break
10:50 a.m.

Paper 8: “Debt Maturity and the Term Structure of Credit Spreads” 
Presenter: Hui Chen (MIT), Yu Xu (MIT), Jun Yang (Bank of Canada) 

Discussant: Burton Hollifield (Carnegie Mellon University) 

12:00 p.m. Lunch in the Tejas Dining Room

Registration

Please RSVP no later than Tuesday, April 10, 2012. When you do, please choose one of the activities, i.e., ropes course, horseback riding, rock wall climbing, ziplining across Lake Ted, or an another in-house activity (canoeing, hiking, soccer, football, volleyball, softball, tennis, fishing, frisbee golf), as described on the form. Some of the activities have a limited number of participants allowed and they may fill up quickly, so we urge you to register as soon as you can to allow a greater opportunity of getting the activity you are most interested in. Also, spouses or significant others are invited to attend the dinner boat cruise on Lake Austin.

If you will be bringing a guest, please select the last option and type their name in the box provided.

No children allowed due to liability reasons.

REGISTRATION FEE: $150

 

Call for Papers

14th Annual Texas Finance Festival
April 26-28, 2012
Marble Falls and Austin, Texas

The 14th Annual Texas Finance Festival (TFF) will be held on April 26-28, 2012 at the Retreat at Balcones Springs, Marble Falls, TX and the AT&T Executive Education and Conference Center, Austin, TX. The conference is sponsored by the Department of Finance at the University of Texas at Austin and the Review of Financial Studies (RFS).

You are invited to submit papers on any topic in financial economics for the 2012 TFF. In order to encourage submissions by more junior researchers, priority will be given to papers submitted by researchers who have graduated in or after June 2005. (Multiple submissions from the same author are not encouraged). The deadline for submissions is: February 1, 2012.

Please submit an electronic (pdf) version of the manuscript to: TFF-Submissions@mccombs.utexas.edu  

Space is limited so we will give first priority to program participants. The registration fee for the conference is $150.

The program will be announced in late February.

TFF & RFS Partnership

TFF and the Review of Financial Studies announce a combined submission process. At your choice, your paper submitted to the TFF also will be considered for publication by the RFS free of charge. The rules for this dual submission process are as follows:

  1. You must expressly indicate you are interested in consideration by the RFS.
  2. At the discretion of the RFS, dual submissions will be sent out for a formal referee report. If such a report is sought, then the paper’s author will receive a copy of the RFS reviewer’s report. Only a relatively small number of submissions will be sent for a formal referee report.
  3. Papers submitted for dual consideration must not be under review at another journal or the RFS, nor can they be considered for dual submission if previously rejected by the RFS.
  4. "Rejected" paper authors are permitted to submit a future version of their papers to the RFS without prejudice.
  5. While under consideration by the TFF and the RFS, a paper may not be submitted to another journal (or the RFS) until the author has been notified.

Accommodations

Room Block Available:


AT&T Executive Education and Conference Center
1900 University Avenue, Austin, TX 78705
Website: www.meetattexas.com
Phone: (512) 404-3600


We have negotiated a room block with the AT&T Executive Education and Conference Center located at 1900 University Avenue, Austin, TX 78705. For more information please visit their website or call 512-404-3600 to make a room reservation no later than Tuesday, April 10, 2012. This date is firm and there will be no exceptions to the cut-off date to ensure the special negotiated rate of $169/night. Please mention that you are with the Texas Finance Festival in order to access the room block.

Additional Accomodations Without Room Blocks:


Four Seasons Hotel
98 San Jacinto Blvd., Austin, Texas 78701
Website:  www.fourseasons.com/austin
Phone: (512) 478-4500





Hilton Austin
500 East 4th Street, Austin, Texas 78701
Website: Click here
Phone: (512) 482-8000 


 

Hyatt Regency Austin
208 Barton Springs Road, Austin, Texas 78704
Website: www.austin.hyatt.com
Phone: (512) 477-1234






Omni Hotel Austin
700 San Jacinto Blvd., Austin, Texas 78701
Website: www.omnihotels.com/austin
Phone: (512) 476-3700





The Stephen F. Austin Inter-continental Hotel
701 Congress Avenue, Austin, Texas 78701
Website: www.austin.intercontinental.com
Phone: (512) 457-8800

Recent Conference Programs

Events-Texas-Finance-Festival