4th Emerging Markets Finance Conference, 2013
20th - 21st December 2013
Venue: The Westin
Western Express Highway, Goregaon East, Bombay
Venue: The Westin
Western Express Highway, Goregaon East, Bombay
Programme committee:
- Tarun Ramadorai, Said Business School, Oxford
- Subrata Sarkar, IGIDR
- Ajay Shah, NIPFP
- Avinadhar Subrahmanyam, UCLA
- Ram Thirumalai, ISB
- Susan Thomas, IGIDR FRG
- Pradeep Yadav, Univ. of Oklahoma
20th December 2013
| 08:00 - 08:30 | Registration
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| Session I: Corporate governance, Debt contracts | ||
| 08:30 - 09:20 | Do Board Interlocks Increase Innovation? Evidence From Natural Experiments in India [paper][presentation] Christian Helmers, Universidad Carlos III de Madrid, Manasa Patnam, CREST (ENSAE), and Raghavendra Rau, University of Cambridge Discussant: Subrata Sarkar, IGIDR [presentation] |
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| 09:20 - 10:10 | Information Networks Within Business Groups: Evidence from India [paper][presentation] Ankur Pareek, Rutgers Business School, and Santosh Anagol, University of Pennsylvania Discussant: Vijaya Marietty, RMIT University [presentation] |
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| 10:10 - 10:20 | Break | |
| 10:20 - 11:10 | Can Business Groups Survive with Institutional Development? Theory and Evidence [paper][presentation] Narahari Hansoge, IIM Bangalore, Poonam Singh, NISM, and Vijaya Marisetty, RMIT University Discussant: Rik Sen, Hong Kong University of Science and Technology [presentation] |
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| 11:10 - 12:00 | Classification Shifting in the Cash Flow Statement: Evidence from India Neerav Nagar, IIM Kolkata, and Kaustav Sen, Pace University Discussant: Mahesh Vyas, CMIE [presentation] |
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| 12:00 - 13:00 | Lunch | |
| Session II: Corporate governance, Debt contracts | ||
| 13:00 - 13:50 | The effects of foreign and government ownership on bank lending behavior during a crisis in Central and Eastern Europe [paper][presentation] Franklin Allen, University of Pennsylvania, Krzysztof Jackowicz and Oskar Kowalewski, Kozminski University Discussant: Rajendra Vaidya, IGIDR [presentation] |
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| 14:00 - 14:50 | Borrowing culture and debt relief : Evidence from a policy experiment [paper][presentation] Sankar De, Shiv Nadar University, and Prasanna Tantri, ISB Discussant: Renuka Sane, ISI Delhi [presentation] |
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| 15:00 - 15:50 | The Economic Effects of a Borrower Bailout: Evidence from an Emerging Market [paper][presentation] Xavier Gine, and Martin Kanz, World Bank Discussant: Chetan Subramanian, IIM, Bangalore |
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| 16:00 - 17:30 | Roundtable: The NPS - past, present and the future Chairperson: Ajay Shah, NIPFP Panel: Gautam Bhardwaj, Invest India Micro Pension Services Monika Halan, The Mint Renuka Sane, ISI Delhi |
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| 19:00 - 21:00 | Dinner Talk: The changing landscape of Indian financial markets U K Sinha, SEBI |
21st December 2013
| Session III: Markets and the economy | ||
| 10:00 - 10:50 | Anchor Investors in IPOs [paper][presentation] Amit Bubna, ISB, and Nagpurnanand Prabhala, University of Maryland Discussant: Tarun Ramadorai, Said Business School [presentation] |
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| 11:00 - 11:50 | Market quality in the time of algorithmic trading [paper][presentation] Nidhi Aggarwal, and Susan Thomas, IGIDR FRG Discussant: Venky Panchapagesan, IIM, Bangalore [presentation] |
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| 12:00 - 12:50 | An empirical index of Knightian Uncertainty [paper][presentation] Sina Ehsani, Timothy Krause, and Donald Lien, University of Texas Discussant: Rohini Grover, IGIDR FRG [presentation] |
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| 12:50 - 14:00 | Lunch Talk: Financial reforms: A progress report and outlook K. P. Krishnan, Dept. of Economic Affairs |
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| Session IV: Markets and the economy | ||
| 14:00 - 14:50 | FX market illiquidity and funding liquidity constraints [paper][presentation] Chiara Banti, and Kate Phylaktis, Cass Business School Discussant: Ajay Shah, NIPFP [presentation] | |
| 15:00 - 15:50 | Defending against speculative attacks - It is risky, but it can pay off [paper][presentation] Alexander Erler, University of Bayreuth, Christian Bauer, University of Trier, and Bernhard Herz, University of Bayreuth Discussant: Josh Felman, IMF [presentation] |
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| 16:00 - 17:30 | Roundtable: Fragility in the Indian banking sector Chairperson: Ajay Shah, NIPFP Panel: Harsh Vardhan, Bain Consulting Badri Narayan, Third Eye Capital Susan Thomas, IGIDR FRG | |
| 17:30 - 17:45 | Closing address |
    
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