The Third FARFE conference                                    

MIT's Endicott House, 80 Haven Street, Dedham, MA 02026    (Conference Logistical Information)

October 14 & 15, 2011

October 14, 2011

6:00-7:30 Reception and Appetizers (Gun Room)

7:30 Dinner (Living Room)

8:30-9:30 Panel Discussion: The State of Research In Finance (Part I)
                Moderator: Adriano Rampini
                Panelists:
                    Michael Brennan, UCLA
                    Itay Goldstein, University of Pennsylvania, Wharton School
                    Michael Fishman, Northwestern University

October 15, 2011

7:30 - 8:30 Breakfast
7:30:  Full Breakfast Buffet in Dining Room for those staying at Endicott
8:00:  Continental Breakfast in BC Lobby for other conference participants

8:30 - 10:00 Session 1
Chair:  Paul Pfleiderer, Stanford University

Ross Prize Lecture
        Nobu Kiyotaki, Princeton University
        John Moore, University of Edinburgh and London School of Economics and Political Science

Lemons Markets and the Transmission of Aggregate Shocks
        Pablo Kurlat, Stanford University
Discussant: Itay Goldstein, University of Pennsylvania Wharton School


10:00 - 10:15 Coffee Break

10:15 - 11:45 Session 2
Chair:  Andrea Eisfeldt, UCLA

Financial Intermediary Capital
        Adriano Rampini, Duke University
        S. Viswanathan, Duke University
Discussant: Bengt Holmstrom, MIT

The I Theory of Money
        Markus Brunnermeier, Princeton University
        Yuliy Sannikov, Princeton University
Discussant: Doug Diamond, University of Chicago

11:45 - 1:15 Lunch Break (Living Room)

1:15 - 2:45 Panel Discussion: Trading, Market Structure and Regulation

Moderator: Chester Spatt, Carnegie Mellon University
Panelists:
  Pete Kyle, University of Maryland
  David Modest, Soros Fund Management
  Eric Sirri, Babson College 

2:45 - 3:00 Coffee Break

3:00 - 4:30 Panel Discussion: The State of Research in Finance (Part II)

Moderator: Michael Brennan, UCLA
Panelists:
  Anat Admati, Stanford University
  Mark Grinblatt, UCLA
  Steve Ross, MIT 

5:00 FARFE annual members meeting

6:00 - 7:00 Reception and Appetizers (Gun Room)

7:30 Dinner (Living Room)