Doctoral Consortium 2017

ERIC welcomes Ph.D. students to submit working papers or preliminary drafts of one of their Ph.D. essays to the doctoral consortium that took place on May 17th, 2017 at the University of Hohenheim in Stuttgart, Germany. Presentations are 20 minutes, followed by 10 minutes of open questions and discussion. Ph.D. students accepted to the doctoral consortium are also invited to stay for the main conference. Allianz Investment Management was the primary sponsor of the ERIC Doctoral Consortium.

Doctoral student best paper award
Doctoral students are encouraged to submit research papers and participate in the program. A best paper award of 600 EUR and a second best paper award of 400 EUR were awarded to the best doctoral papers. The awards were gratefully sponsored by Sparkassen Finanzgruppe Wissenschaftsförderung, an initiative of the German Savings Bank Finance Group to promote science and education.

Participating Senior Researchers
Prof. Hans-Peter Burghof (University of Hohenheim, Germany), Prof. David Yermack (Stern School of Business, New York University, United States of America), Prof. Monika Gehde-Trapp (University of Hohenheim, Germany), Prof. Steffen Meyer (Leibniz University Hannover)

See below for the program of the 4th ERIC Doctoral Consortium.

Wednesday, May 17, 2017  
10:30 – 11:00Registration and welcome coffee at Boerse Stuttgart
11:00 – 11:45Bus transfer to the University of Hohenheim
  
Paper Presentations – Part 1  
11:45 – 12:15Foreign Acquisition and Credit Risk: Evidence from the U.S. CDS Market
Umit Yilmaz* (1)
(1): Swiss Finance Institute, Switzerland
12:15 – 12:45Impact of Clearing Fees on Market Quality
Jose Mendoza* (1), Hans Degryse(1), Gunther Wuyts (1)
(1): University of Leuven – KU Leuven, Belgium
12:45 – 13:15Cheap Products or Cheap Talk? Disclosed Markups and Ex-Post Performance of Structured Products
Petra Vokatá* (1)
(1): Aalto University, Finland
13:15 – 14:00Lunch
Paper Presentations – Part 2  
14:00 – 14:30Monetary policy and private investor trading
Steffen Meyer (1), Kim J. Boevers* (1)
(1): Leibnitz University Hanover, Germany
14:30 – 15:00Influence of Political Climate on Portfolio Composition: Evidence from Regional Banks
Marina Mukhamadieva* (1)
(1): Goethe University Frankfurt, Germany
15:00 – 15:30Coffee break
Paper Presentations – Part 3  
15:30 – 16:00Parameter Uncertainty: The Missing Piece of the Liquidity Premium Puzzle?
Ferenc Horvath* (1)
(1): Tilburg University, Netherlands
16:00 – 16:30Fake Alpha
Marcel Müller* (1), Tobias Rosenberger (1), Marliese Uhrig-Homburg (1)
(1): Karlsruhe Institute of Technology, Germany
16:30Bus transfer to Boerse Stuttgart
19:00Wine reception at Boerse Stuttgart
 *Presenting author