25th Meeting at Yale University (Fall 2021)

Oct 29 - Oct 30, 2021

Yale University (virtually), Zoom


The Yale FTG meeting will be held virtually on Friday, October 29th, and Saturtay, October 30th 2021. The meeting will be organized by Eduardo Davila and Gary Gorton. Given the online format of the meeting, paper presentations will be split between Friday and Saturday. There will be an optional mini lecture on Friday.

While the conference will be held virtually, we are organizing a few decentralized get-togethers. For the Chicago event, Zhiguo He has organized a classroom where attendants can watch the (virtual) paper presentations together. Please get in touch the the local hosts listed below if you are interested.

New York Area: Giorgia Piacentino, Chicago Area: Zhiguo He, Research Triangle: Adriano Rampini, London UK: Hongda Zhong, St Louis: Brett Green

Click here for Zoom link 

Conference Program:

All times are EST

Friday, Oct 29

11:00am - 12:00pm: Constrained-Efficient Capital Reallocation, by Andrea Lanteri and Adriano Rampini

12:00pm - 12:10pm: Break

12:10pm - 1:10pm: Firm Quality Dynamics and the Slippery Slope of Credit Intervention, by Wenhao Li and Ye Li

1:10pm - 1:30pm: Break

1:30pm - 2:30pm: Marina Halac, Mini-Lecture part 1: Optimal Unique-Implementation Schemes  (the lecture slides contain part 1 and part 2)

2:30pm - 2:45pm: Break

2:45pm - 3:45pm: Marina Halac, Mini-Lecture part 2: Optimal Unique-Implementation Schemes


Saturday, Oct 30

11:00am - 12:00pm: Security Design under Common-Value Competition, by Yue Yuan

12:00pm - 12:10pm: Break

12:10pm - 1:10pm: Setbacks, Shutdowns, and Overruns; by Felix Feng, Curtis Taylor, Mark Westerfield, and Feifan Zhang


Norms and rules for the meeting:

  1. Microphone off
  2. Video on
  3. Please do not chat
  4. Sessions will not be recorded unless requested by the speaker
  5. Small group breakout rooms will be assigned during breaks (like the usual small group dinners). Please participate and take the time to connect with your colleagues.

To receive attendance credit you must participate in the paper presentatipons in full. The mini-lecture is not subject to the attendance requirement.