29th Meeting at UW Madison (Fall 2023)

Sep 22 - Sep 23, 2023

UW Madison, Madison, Wisconsin

The FTG Fall 2023 Meeting will be held at the Pyle Center in UW-Madison on September 23, 2023. The meeting will be held in person only subject to any unforeseen circumstances. The meeting is organized by Hengjie Ai, Briana Chang, Dmitry Orlov, and Marzena Rostek and is sponsored by the Finance Department at UW Madison.


Hotel Information:

We have reserved blocks of rooms in the following hotels. They are all within 5 to 10 min walking distance to the Pyle Center. Guests can use the reservation links, or call any of the three hotels and refer to “Finance Theory Group Fall 2023 Meeting” for the room block.

Graduate Madison ($309/night)

Reservation link

Deadline to book: 9/1


​​​​​​​Hampton Inn ($189/night)

Reservation link

Deadline to book: 8/23


Fluno Center($189/night)

Reservation link 

Deadline to book: 8/24



Friday, September 22

Room 325

2:00pm – 2:30pm        “Trading at All Costs: Intermediaries and Commitment”  by Francesco Sannino

2:30pm – 3:00pm        “Constrained Asset Pricesby Jordan Martel, Edward Van Wesep, and Brian Waters

3:00pm – 3:15pm         Coffee Break

3:15pm – 3:45pm         “Designing Index Provisionby Yizhou Zhao and Yan Xiong

3:45pm – 4:15pm         “A Theory of Dynamic Inflation Targetsby Christopher Clayton and Andreas Schaab

4:15pm – 4:30pm         Coffee Break

4:30pm – 5:00pm        “Short term Debt Overhangby Kostas Koufopoulos, Giulio Trigilia, and Pavel Zryumov

5:00pm – 5:30pm        “Asymmetric Information, Disagreement, and the Valuation of Debt and Equityby S. Banerjee, B. Breon-Drish, and K. Smith

5:30pm  – 7:00pm        Welcome Reception (Alumni Lounge)

7:00pm                          Small Group Dinners


Saturday, September 23

Room 325

8:15am – 8:50am         Breakfast 

8:50am – 9:00am        Introduction

9:00am – 10:00am      “Optimal Information and Security Designby Nicolas Inostroza and Anton Tsoy

10:00am – 10:15am     Coffee Break

10:15am – 11:15am      “Intermediary Market Power and Capital Constraints” by Jason Allen and Milena Wittwer

11:15am – 11:30am       Coffee Break

11:30am – 12:30pm     “CHILEby Efstathios (Stathi) Avdis and Sergei Glebkin

12:30pm – 2:00pm      Lunch and Members' Meeting (Alumni Lounge)

2:00pm – 3:00pm       “A Theory of Asset- and Cash Flow-Based Financingby Barney Hartman-Glaser, Simon Mayer, and Konstantin Milbradt

3:00pm – 3:15pm        Coffee Break

3:15pm – 4:15pm         “Sustainable Organizations” by Thomas Geelen, Jakub Hajda, and Jan Starmans

4:15pm                         Adjourn