DISCUSSIONS

At some point, I realized that it's a bit odd for everyone to spend all this time preparing discussion slides for other people's papers, only to have them just be presented to the audience then disappear into the ether. So I figured I'd start posting them there, in case they're useful to anyone else. Bear in mind that the versions of the papers may have obviously changed since the one I read at the time.

2022

Discussion of "Consumption out of Fictitious Capital Gains and Selective Inattention"
Paper by Benjamin Loos, Steffen Meyer, and Michaela Pagel

Discussion of "Corporate Disclosure: Facts or Opinions?"
Paper by Shimon Kogan and Vitaly Meursault


2021

Discussion of "How Do Retail Investors Respond to the Zero Lower Bound?"
Paper by Steffen Meyer, Michaela Pagel, Alexander Schandlbauer, and Charline Uhr

Discussion of "Reactions to News and Reasoning By Exemplars"
Paper by Spencer Yongwook Kwon and Johnny Tang

Discussion of "Retail Derivatives and Sentiment: A Sentiment Measure Constructed from Issuances of Retail  Structured Equity Products"
Paper by Brian Henderson, Neil D. Pearson and Li Wang

Discussion of "Mispricing and Anomalies: An Exogenous Shock to Short Selling from the Dividend Tax Law  Change?"
Paper by Yufeng Han, Yueliang Lu, Weike Xu, and Guofo Zhou


2019

Discussion of "Monetary Policy and Reaching for Income"
Paper by Kent Daniel, Lorenzo Garlappi and Kairong Xiao

Discussion of "Climate Risks of Sales Forecasts: Evidence from Satellite Readings of Soil Moisture"
Paper by Christopher Hansman, Harrison Hong, Frank Weikai, and JIangmin Xu

Discussion of "The Portfolio Driven Disposition Effect"
Paper by Jospeh Engelberg, Matthew Henriksson and Jared Williams

Discussion of "Fully Closed: Individual Responses to Realized Gains and Losses"
Paper by Steffen Meyer and Michaela Pagel


2018

Discussion of "Return Expectations, Sentiment, and the Stock Market"
Paper by Stefano Cassella and Huseyin Gulen

Discussion of "The Earnings Announcement Return Cycle"
Paper by Juhani Linnainmaa and Conson Zhang

Discussion of "Are Mutual Fund Managers Paid for Investment Skill?"
Paper by Markus Ibert, Ron Kaniel, Stijn Van Nieuwerburch and Roine Vestman


2017

Discussion of "Analysts and Anomalies"
Paper by Joseph Engelberg, David McLean and Jeffrey Pontiff

Discussion of "In no (un)certain terms:Managerial style in communicating earnings news"
Paper by Michał Dzieliński, Alexander F. Wagner, and Richard J. Zeckhauser

Discussion of "Anomalies and News"
Paper by Joseph Engelberg, David McLean and Jeffrey Pontiff


2016

Discussion of "Creative Destruction, Investor Beliefs and the Evolution of Stock Returns"
Paper by Aydogan Alti and Sheridan Titman 

Discussion of "Endowment Effects in the Field: Evidence from India’s IPO Lotteries"
Paper by Santosh Anagol, Vimal Balasubramaniam, and Tarun Ramadorai 

Discussion of "Media Attention, Macroeconomic Fundamentals, and Stock Market Activity"
Paper by Adlai Fisher, Charles Martineau and Jinfei Shang


2015

Discussion of "The Blame Game"
Paper by Dexin Zhou

Discussion of "The Freedom of Information Act and the Race Towards Information Acquisition"
Paper by Antonio Gargano, Alberto G. Rossi, and Russ Wermers 

Discussion of "The Economic Consequences of Investor Relations: A Global Perspective"
Paper by Andrew Karolyi and Rose Liao 

Discussion of "Price Pressure from Coordinated Noise Trading: Evidence from Pension Fund Reallocations"
Paper by Zhi Da, Borja Larrain, Clemens Sialm and Jose Tessada


2014

Discussion of "The Kinks of Financial Journalism"
Paper by Diego Garcia

Discussion of "Macro Disagreement and the Cross-Section of Stock Returns"
Paper by Weikai Li

Discussion of "Who are the Smartest Investors in the Room? Evidence from U.S. Hedge Fund Solicitation"
Paper by Philippe Jorion and Christopher Schwarz


2013

Discussion of "Fund Flows in Rational Markets"
Paper by Francesco Franzoni and Martin Schmalz