PhD Consortium

Doctoral Student Consortium on Wednesday, July 4, 2018

Coordinated by a Scientific Committee Director, Antonio Moreno (University of Navarra), the Doctoral Student Consortium will be held on July 4, 2018, in Santander, one day prior to the Finance Forum. It will include a panel session with outstanding guest scholars discussing the latest advances in research and offering career advice.

Guest Scholars who will participate include:

freixas

Xavier Freixas

Universitat Pompeu Fabra

lopez-de-silanes

Florencio López de Silanes

SKEMA Business School

Zapatero Fernando-1

Fernando Zapatero

University of Southern California

  • Paseo Menéndez Pelayo 94, Santander, Cantabria
 

Morning sessions

Panel with Guest Scholars. They will give sessions on promising thesis work, research agendas and job market presentations.

Afternoon sessions

The afternoon breakout sessions give participants the opportunity to present job market papers or dissertation proposals and receive feedback from the Outstanding Guest Scholars and other scholars.

To apply for the Doctoral Student Consortium, students must complete the online application and submit either one of the dissertation papers or a 5 - 10 page dissertation proposal (in PDF format). In addition, one recommendation letter should also be received prior to the application deadline. There is no fee for the Doctoral Student Consortium application.

The selected PhD students will be able to interact with both guest scholars and other professors of the Spanish Finance Association (AEFIN) during the academic sessions and over lunch and coffee breaks. The selected PhD students will receive a fee-waiver for the Finance Forum registration.

PhD applicants with a finished paper are encouraged to submit to the Finance Forum, which will also take place in Santander on the following 2 days to the Consortium (July 5th and 6th). If selected, they will also have the opportunity to present in the Finance Forum.

The PhD Consortium will take place on the 4th of July in the Corporate Knowledge & Development Centre of the Santander Bank "El Solaruco" (Paseo de Menéndez Pelayo, 94-96, Santander).

Applications and reference letters are due on MARCH 15. Accepted proposals will be communicated by APRIL 10.

STUDENTS AND RECOMMENDERS have to upload their proposals and the recommendation letter separately via conference maker:

  • STUDENTS: Upload the proposal in the “PhD Consortium (PhD students proposal)” section.
  • RECOMMENDER: Upload the recommendation letter in the “PhD Consortium (recommendation letter)” section.
Submission Link

Schedule, July 4th, 2018

11:00Accreditation
11:15Presentation of the 1st PhD Consortium
11:30Speaker 1: Florencio López de Silanes (Aula 2)
12:00Speaker 2: Fernando Zapatero (Aula 2)
12:30Speaker 3: Xavier Freixas (Aula 2)
Lunch
14:30-17:00Parallel sessions

BANKING (Aula 1)

  • "Cobbler, stick to thy last: the disciplining of business loans in credit unions" Andrés Mesa (Universidad de Navarra)
  • "Regulatory Capital Manipulation" Luciana Orozco (Universidad Carlos III)
  • "Supervisory Stress Tests and Bank Risk-Taking" Sylvia Sadakova (Universidad de Navarra)
  • "Distance Effect in CMBS Loan Pricing" Nagihan Mimiroglu (University of Maastricht)

CORPORATE FINANCE (Aula 2)

  • "Internal Capital Markets and the Efficiency of Firms’ Financing? Evidence from the Euro Area"Jorge Mota (Unviersidade de Aveiro)
  • "Should we Fire Young Steve Jobs? How the Different Access to Financial Information affects the way Investors Learn"Josep Gisbert (Universitat Pompeu Fabra)
  • "Competition, Board Monitoring and Governance Regulation: Evidence from a quasi-natural experiment" Faiza Majid (Universidad Carlos III)
  • "Are deal-by-deal compensation structures biased by portfolio diversification?"Joao Magro (Universidade Nova De Lisboa)

ASSET PRICING (Aula 3)

  • "Weather derivatives and their hedging effectiveness in fisheries management", Andrea Martínez Salgueiro (Universitat Autònoma de Barcelona)
  • "Pricing Refurbishment and New Building Construction through Options", Ramón Sánchez (Universitat Autònoma de Barcelona)
  • "The Term Structure of Credit Spreads and Institutional Equity Trading", Efe Coetelioglu (USI Lugano, Swiss Finance Institute)
  • "Factor Investing: a Stock Selection System for the European Equity Market" Ramón Bermejo (ICADE)

FINANCIAL STABILITY, MICRO-STRUCTURE (Aula 4)

  • "Are fragmented markets stable?", Ester Felez Vinas (Stockholm Business School)
  • "Do investors choose trade-size according to liquidity, empirical evidence from the S&P 500 index future market" Xin Yan (Sichuan University)
  • "Breaking the Feedback Loop: Macroprudential Regulation of Banks’ Sovereign Exposures"Jorge Abad (CEMFI)
  • "Conditional risk measures and applications", Javier Ojea (Universidad Complutense de Madrid)
17:30Cocktail