7th Annual Conference on Alternative Finance (2022)
18 Jul 2022
08:00 -19:00
Open to: All
Cambridge Judge Business School
Trumpington St
Cambridge
CB2 1AG
United Kingdom
Overview
The conference is hosted by the University of Cambridge Judge Business School. Eight high-quality academic papers have been selected for presentation, covering a wide range of research topics including crypto, microfinance, big data, and innovation.
Times and venues
- Academic Conference: 08:00 to 17:45, Cambridge Judge Business School
- Drinks Reception: 18:00, The Old Library, Pembroke College
- Annual Dinner: 19:00, The Old Library, Pembroke College
The CCAF annual conference is made possible with the generous support of Invesco.
Programme
- Welcome
- Session 1: Crypto
- Session 2: Microfinance
- Session 3: Inferring Information From Big Data
- Session 4: Innovation
- Keynote and conclusion
Welcome
08:00 – 08:25
Registration & arrival refreshments
08:25 – 08:30
Welcome & Opening remarks
- Raghavendra Rau, Sir Evelyn de Rothschild Professor of Finance, Co-founder and Academic Director, Cambridge Centre for Alternative Finance
- Kevin Lyman, Invesco
Session 1
Crypto
08:30 – 09:15
The Coming Battle of Digital Currencies
- Lin William Cong, Cornell University SC Johnson College of Business and the FinTech Initiative
- Simon Mayer, University of Chicago Booth School of Business
09:15 – 10:00
Proof of Work Consensus Under Exogenous Distress
- Jona Stinner, Witten/Herdecke University, ISIC – The PPE Institute for Social and Institutional Change
- Marcel Tyrell, Witten/Herdecke University, ISIC – The PPE Institute for Social and Institutional Change
10:00 – 10:15
Coffee break
Session 2
Microfinance
10:15 – 11:00
Microequity and Mutuality: Experimental Evidence on Credit with Performance-Contingent Repayment
- Francesco Cordaro, Economics of Mutuality
- Marcel Fafchamps, Freeman Spogli Institute, Stanford University
- Colin Mayer, Saïd Business School, University of Oxford
- Muhammad Meki, Department of International Development and Centre for Islamic Studies, University of Oxford
- Simon Quinn, Department of Economics and Centre for the Study African Economies, University of Oxford
- Kate Roll, Institute for Innovation and Public Purpose, University College London
11:00 – 11:45
Escaping Violent Death: Access to Credit and Female Mortality
- Bernardus van Doornik, Banco Central do Brasil,
- David Schoenherr, Princeton University,
- Janis Skrastins, Washington University in St Louis
11:45 – 13:00
Walk around Cambridge
13:00 – 13:45
Lunch
Session 3
Inferring Information From Big Data
13:45 – 14:30
Retail Trading in Options and the Rise of the Big Three Wholesalers
- Svetlana Bryzgalova, London Business School and CEPR
- Anna Pavlova, London Business School and CEPR
- Taisiya Sikorskaya, London Business School
14:30 – 15:15
Hidden Alpha
- Manuel Ammann, University of St Gallen
- Alexander Cochardt, Harvard Business School and University of St Gallen
- Lauren Cohen, Harvard Business School and National Bureau of Economic Research
- Stephan Heller, Harvard Business School and University of St Gallen
15:15 – 15:30
Coffee break
Session 3
Innovation
15:30 – 16:15
Why Are Firms Slow to Adopt Profitable Opportunities?
- Paul Gertler, UC Berkeley, Haas School of Business
- Sean Higgins, Northwestern University, Kellogg School of Management
- Ulrike Malmendier, UC Berkeley, Department of Economics and Haas School of Business
- Waldo Ojeda, Baruch College, CUNY, Zicklin School of Business
16:15 – 17:00
Asset Overhang and Technological Change
- Hans Degryse, KU Leuven and CEPR
- Tarik Roukny, KU Leuven
- Joris Tielens, National Bank of Belgium
Machine learning
17:00 – 17:45
Keynote speech
- Manju Puri, Duke University
Manju Puri is the JB Fuqua Professor of Finance at the Fuqua School of Business, Duke University. Professor Puri is an authority in the field of empirical corporate finance and has particular expertise in financial intermediation. Her published work spans the areas of commercial banks, investment banks, venture capital, entrepreneurship, behavioural finance, and fintech. Her research has appeared in publications such as American Economic Review, Journal of Finance, Journal of Financial Economics, and Review of Financial Studies. Professor Puri serves as Editor of Review of Financial Studies.
Professor Puri’s professional leadership roles include serving as Chair of the Academic Female Finance Committee (AFFECT), AFA, as a Director of the American Finance Association (AFA), and Vice-President Elect of the Western Finance Association. Prof. Puri has worked with multiple regulatory authorities serving on the Financial Advisory Roundtable, Federal Reserve Bank of New York and on the Model Validation Council, Board of Governors of the Federal Reserve System. She currently serves on the International Association of Deposit Insurers (IADI) Advisory Panel, Basel, and as Senior Advisor, Center for Financial Research, Federal Deposit Insurance Corporation (FDIC), and on the Advisory Panel of the Bank for International Settlements (BIS) Basel.
17:45
Conference closes
18:00
Drinks reception, Old Library Pembroke College
19:00