Programa Sintético - Oitavo Encontro Brasileiro de Finanças
31 de julho de 2008, quinta-feira
8h30 – 10h00: Banco Santander Mini-Curso sobre Real Estate Finance - Crocker Liu (Arizona State University)
10h00 – 10h30: Coffee-break
10h30 – 11h00: Abertura e Entrega do Prêmio da RBFin e de Renda Fixa da ANDIMA (Firjan)
11h00 – 12h15: Banrisul Palestra de Abertura: Florencio Lopez-de-Silanes (EDHEC Business School)
“Law and Finance 10 Years Later” (Firjan). Chair: Walter Lee Ness. (PUC-Rio)
12h15 – 13h45: Almoço (Restaurante Margutta)
13h45 – 15h45: Sessões Ordinárias I
15h45 – 16h00: Coffee-break
16h00 – 17h15: Conferência: René Garcia (EDHEC Business School)
“Empirical Likelihood and Stochastic Discount Factors”. Chair: Márcio Garcia (PUC-Rio)
17h15 – 19h15: Sessões Ordinárias II
1º de agosto de 2008, sexta-feira
8h30 – 10h00: Banco Santander Mini-Curso sobre Real Estate Finance - Crocker Liu (Arizona State University)
10h00 – 10h30: Coffee-break
10h30 – 12h30: Sessão Convidada: Chair: Ricardo Leal (COPPEAD/UFRJ). Eric Ghysels (University of North Carolina) – “News- good or bad- and its impact on volatility predictions over multiple horizons” Debatedor- Fernando Saldanha- a confirmar. Allan Timmermann (University of Califórnia- San Diego) – “Is the Distribution of Stock Returns Predictable?”. Debatedor: Luiz Renato Lima (EPGE-FGV)- a confirmar
12h30 – 14h00: Almoço (Restaurante Margutta)
14h00 - 15h45 Sessão Convidada: Chair: Andrea Minardi (Ibmec-SP)
Heitor Almeida (University of Illinois) – “Financing Frictions and the Substitution between Internal and External Funds.” Debatedor: Paulo Renato Terra (UFRGS)
Mara Faccio (Krannert School of Management, Purdue University) – “Sudden Deaths: Taking Stock of Geographic Ties”. Debatedor: Antonio Gledson de Carvalho (EAESP-FGV)
15h45 – 17h45: Sessões Ordinárias III
17h45 – 18h00: Coffee-break
18h00 – 19h15: Conferência: Dimitri Vayanos (London School of Economics)
“Preferred Habitat and the Term Structure of Interest Rates”. Chair: Walter Novaes (PUC-Rio)
19h15 – 20h00: Assembléia Geral
20h00: Jantar (Restaurante Estrela do Sul)
2 de agosto de 2008, sábado
9h00 – 10h45: Sessão Convidada: Chair: José Fajardo Barbachan (Ibmec-RJ)
Anna Pavlova (London Business School) – “The Role of Portfolio Constraints in the International Propagation of Shocks”. Debatedor: Alexandre Lowenkron (Banco BBM)
Raffaella Giacomini (UCLA Department of Economics) – “How Useful are No-Arbitrage Restrictions for Forecasting the Term Structure”. Debatedor: Caio Almeida (EPGE-FGV)
10h45 – 11h15: Coffee-break
11h15 – 13h15: Sessões Ordinárias IV
13h15 – 14h45: Almoço (Restaurante Odeon)
14h45 – 16h15: Conferência: Jeremy Stein (Harvard University and President of American Finance Association)
"Do Hedge Funds Profit From Mutual-Fund Distress?" Chair: Marco Bonomo (EPGE-FGV)
Summary Program- Eighth Brazilian Finance Meeting
Thursday, July 31, 2008
8h30 – 10h00: Banco Santander Mini-Course on Real Estate Finance – Crocker Liu (Arizona State University)
10h00 – 10h30: Coffee-break
10h30 – 11h00: Opening and Awards Ceremony for the best article published in 2007 by the Brazilian Finance Review and the best papers for the ANDIMA Fixed Income Prize (Firjan Audtiorium)
11h00 – 12h15: Banrisul Opening Lecture: Florencio Lopez-de-Silanes (EDHEC Business School) -
“Law and Finance 10 Years Later,” (Firjan Auditorium). Chair: Walter Ness (PUC-Rio)
12h15 – 13h45: Lunch (Margutta Restaurant)
13h45 – 15h45: Regular Sessions I
15h45 – 16h00: Coffee-break
16h00 – 17h15: Conference: René Garcia (EDHEC Business School)
“Empírical Likelihood and Stochastic Factor Discounts.” Chair- Marcio Garcia (PUC-Rio).
17h15 – 19h15: Regular Sessions II
Friday, August 1, 2008
8h30 – 10h00: Banco Santander Mini-Course on Real Estate Finance – Crocker Liu (Arizona State University)
10h00 – 10h30: Coffee-Break
10h30 – 12h15: Invited Session 1: Chair- Ricardo Leal (COPPEAD-UFRJ); Eric Ghysels (University of North Carolina)-
“News- good or bad- and its impact on volatility predictions over multiple horizons.” Discussant: Fernando Saldanha- to be confirmed. Alan Timmermann (University of California, San Diego-
“Is the Distribution of Stock Returns Predictable?”. Discussant: Luiz Renato Lima (EPGE-FGV)- to be confirmed.
12h30 – 14h00: Lunch (Margutta Restaurant)
14h00 – 15h45: Invited Session 2: Chair: Andrea Minardi (IBMEC-SP). Heitor Almeida (University of Illinois) - Topic to be defined. Discussant: Paulo Renato Terra (UFRGS). Mara Faccio (Purdue University) - “Sudden Deaths: Taking Stock of Geographic Ties.” Discussant- Antonio Gledson de Carvalho (EAESP-FGV)
15h45 – 17h45: Regular Sessions III
17h45 - 18h00: Coffee-Break
18h00 – 19h15: Lecture 2: Dimitri Vayanos (London School of Economics)- “Preferred Habitat and the Term Structure of Interest Rates. Chair- Walter Novães (PUC-Rio).
19h15 – 20h00 Members Meeting, Brazilian Finance Society
20h00: Dinner (Estrela do Sul Restaurant, Rio Plaza Shopping)
Saturday, August 2, 2008
9h00 – 10h45: Invited Session 3: Chair- José Fajardo Barbachan (IBMEC-Rio)
Anna Pavlova (London Business School) – The Role of Portfolio Constraints in the International Propogation of Shocks.” Discussant- Alexandre Lowenkron (Banco BBM)
Raffaella Giacomini (UCLA) - “How Useful are No-Arbitrage Restrictions for Forecasting the Term Structure.” Discussant- Caio Almeida (EPGE-FGV).
10h45 - 11h15: Coffee-break
11h15 – 13h15: Regular Sessions IV
13h15 – 14h45: Lunch (Odeon Restaurant)
14h45 –16h15: Closing Lecture: Jeremy Stein (Harvard University and President, American Finance Association) - “Do Hedge Funds Profit from Mutual Fund Distress?” Chair- Marco Bonomo (EPGE-FGV)
31 de julho de 2008, quinta-feira
8h30 – 10h00: Banco Santander Mini-Curso sobre Real Estate Finance - Crocker Liu (Arizona State University)
10h00 – 10h30: Coffee-break
10h30 – 11h00: Abertura e Entrega do Prêmio da RBFin e de Renda Fixa da ANDIMA (Firjan)
11h00 – 12h15: Banrisul Palestra de Abertura: Florencio Lopez-de-Silanes (EDHEC Business School)
“Law and Finance 10 Years Later” (Firjan). Chair: Walter Lee Ness. (PUC-Rio)
12h15 – 13h45: Almoço (Restaurante Margutta)
13h45 – 15h45: Sessões Ordinárias I
15h45 – 16h00: Coffee-break
16h00 – 17h15: Conferência: René Garcia (EDHEC Business School)
“Empirical Likelihood and Stochastic Discount Factors”. Chair: Márcio Garcia (PUC-Rio)
17h15 – 19h15: Sessões Ordinárias II
1º de agosto de 2008, sexta-feira
8h30 – 10h00: Banco Santander Mini-Curso sobre Real Estate Finance - Crocker Liu (Arizona State University)
10h00 – 10h30: Coffee-break
10h30 – 12h30: Sessão Convidada: Chair: Ricardo Leal (COPPEAD/UFRJ). Eric Ghysels (University of North Carolina) – “News- good or bad- and its impact on volatility predictions over multiple horizons” Debatedor- Fernando Saldanha- a confirmar. Allan Timmermann (University of Califórnia- San Diego) – “Is the Distribution of Stock Returns Predictable?”. Debatedor: Luiz Renato Lima (EPGE-FGV)- a confirmar
12h30 – 14h00: Almoço (Restaurante Margutta)
14h00 - 15h45 Sessão Convidada: Chair: Andrea Minardi (Ibmec-SP)
Heitor Almeida (University of Illinois) – “Financing Frictions and the Substitution between Internal and External Funds.” Debatedor: Paulo Renato Terra (UFRGS)
Mara Faccio (Krannert School of Management, Purdue University) – “Sudden Deaths: Taking Stock of Geographic Ties”. Debatedor: Antonio Gledson de Carvalho (EAESP-FGV)
15h45 – 17h45: Sessões Ordinárias III
17h45 – 18h00: Coffee-break
18h00 – 19h15: Conferência: Dimitri Vayanos (London School of Economics)
“Preferred Habitat and the Term Structure of Interest Rates”. Chair: Walter Novaes (PUC-Rio)
19h15 – 20h00: Assembléia Geral
20h00: Jantar (Restaurante Estrela do Sul)
2 de agosto de 2008, sábado
9h00 – 10h45: Sessão Convidada: Chair: José Fajardo Barbachan (Ibmec-RJ)
Anna Pavlova (London Business School) – “The Role of Portfolio Constraints in the International Propagation of Shocks”. Debatedor: Alexandre Lowenkron (Banco BBM)
Raffaella Giacomini (UCLA Department of Economics) – “How Useful are No-Arbitrage Restrictions for Forecasting the Term Structure”. Debatedor: Caio Almeida (EPGE-FGV)
10h45 – 11h15: Coffee-break
11h15 – 13h15: Sessões Ordinárias IV
13h15 – 14h45: Almoço (Restaurante Odeon)
14h45 – 16h15: Conferência: Jeremy Stein (Harvard University and President of American Finance Association)
"Do Hedge Funds Profit From Mutual-Fund Distress?" Chair: Marco Bonomo (EPGE-FGV)
Summary Program- Eighth Brazilian Finance Meeting
Thursday, July 31, 2008
8h30 – 10h00: Banco Santander Mini-Course on Real Estate Finance – Crocker Liu (Arizona State University)
10h00 – 10h30: Coffee-break
10h30 – 11h00: Opening and Awards Ceremony for the best article published in 2007 by the Brazilian Finance Review and the best papers for the ANDIMA Fixed Income Prize (Firjan Audtiorium)
11h00 – 12h15: Banrisul Opening Lecture: Florencio Lopez-de-Silanes (EDHEC Business School) -
“Law and Finance 10 Years Later,” (Firjan Auditorium). Chair: Walter Ness (PUC-Rio)
12h15 – 13h45: Lunch (Margutta Restaurant)
13h45 – 15h45: Regular Sessions I
15h45 – 16h00: Coffee-break
16h00 – 17h15: Conference: René Garcia (EDHEC Business School)
“Empírical Likelihood and Stochastic Factor Discounts.” Chair- Marcio Garcia (PUC-Rio).
17h15 – 19h15: Regular Sessions II
Friday, August 1, 2008
8h30 – 10h00: Banco Santander Mini-Course on Real Estate Finance – Crocker Liu (Arizona State University)
10h00 – 10h30: Coffee-Break
10h30 – 12h15: Invited Session 1: Chair- Ricardo Leal (COPPEAD-UFRJ); Eric Ghysels (University of North Carolina)-
“News- good or bad- and its impact on volatility predictions over multiple horizons.” Discussant: Fernando Saldanha- to be confirmed. Alan Timmermann (University of California, San Diego-
“Is the Distribution of Stock Returns Predictable?”. Discussant: Luiz Renato Lima (EPGE-FGV)- to be confirmed.
12h30 – 14h00: Lunch (Margutta Restaurant)
14h00 – 15h45: Invited Session 2: Chair: Andrea Minardi (IBMEC-SP). Heitor Almeida (University of Illinois) - Topic to be defined. Discussant: Paulo Renato Terra (UFRGS). Mara Faccio (Purdue University) - “Sudden Deaths: Taking Stock of Geographic Ties.” Discussant- Antonio Gledson de Carvalho (EAESP-FGV)
15h45 – 17h45: Regular Sessions III
17h45 - 18h00: Coffee-Break
18h00 – 19h15: Lecture 2: Dimitri Vayanos (London School of Economics)- “Preferred Habitat and the Term Structure of Interest Rates. Chair- Walter Novães (PUC-Rio).
19h15 – 20h00 Members Meeting, Brazilian Finance Society
20h00: Dinner (Estrela do Sul Restaurant, Rio Plaza Shopping)
Saturday, August 2, 2008
9h00 – 10h45: Invited Session 3: Chair- José Fajardo Barbachan (IBMEC-Rio)
Anna Pavlova (London Business School) – The Role of Portfolio Constraints in the International Propogation of Shocks.” Discussant- Alexandre Lowenkron (Banco BBM)
Raffaella Giacomini (UCLA) - “How Useful are No-Arbitrage Restrictions for Forecasting the Term Structure.” Discussant- Caio Almeida (EPGE-FGV).
10h45 - 11h15: Coffee-break
11h15 – 13h15: Regular Sessions IV
13h15 – 14h45: Lunch (Odeon Restaurant)
14h45 –16h15: Closing Lecture: Jeremy Stein (Harvard University and President, American Finance Association) - “Do Hedge Funds Profit from Mutual Fund Distress?” Chair- Marco Bonomo (EPGE-FGV)