2007

I Luso-Brazilian Finance Meeting - Fortaleza

 

March 2-4, 2007

 

The Organizing Committee:

João Amaro de Matos (Nova SBE): This email address is being protected from spambots. You need JavaScript enabled to view it.

Jorge Farinha (Faculdade de Economia - Universidade do Porto): This email address is being protected from spambots. You need JavaScript enabled to view it.

Marco Bonomo (INSPER): This email address is being protected from spambots. You need JavaScript enabled to view it.

Walter Novaes (PUC-Rio): This email address is being protected from spambots. You need JavaScript enabled to view it.

Program

 

Poster Panel

Alexey T. S. Wanick, “Classic and Robust Estimation of the CAPM for the Integrated Oil Companies

Ana Lacerda, “Equilibrium Bid-Ask Spread for Derivatives in Illiquid Markets

Ana Paula Serra, “Market Impact of International Sporting and Cultural Events

Ana Paula Serra, “Volatility Components: Evidence of the Behavior of the Portuguese Stock Market

Antonio A. C. de Freitas, “An Additive Binomial Tree Methodology to Estimate Costs and the Benefits of Operational Risk Management

André Carvalhal, “Inference on Predictability of Brazilian Exchange Rates via ARMA-GARCH and Neural Network Models

João Amaro de Matos, “Information Flow, Social Interactions and Volatility in Financial Markets”

Jorge Farinha, “Ex-Dividend Pricing, Taxes and Arbitrage Opportunities: The Case of the Portuguese Stock Exchange

Ricardo P. C. Leal, “Clustering in Emerging Equity Markets

Rogério Oliveira, “Pricing Emerging Markets Local-Currency Sovereign Credit: Quanto Adjustments and Conditional Co-skew”

Walter Novaes, “Races to the Top and Failed Battles for Market Share: Evidence from Korea’s Two Stock Exchanges”


Friday Evening

4:30-5:40 pm: The Price Level and the Money Demand after an Interest Rate Shock

André de Castro Silva

Discussants: Ana Lacerda and Rogério Oliveira

 

5:40-6:50 pm: Can Voluntary Market Reforms Promote Efficient Corporate Governance? Evidence from Firms' Migration to Premium Markets in Brazil

Antonio Gledson de Carvalho and George Pennachi

Discussants: Ana Paula Serra and Ricardo Leal

 

6:50 – 7:10 pm:Coffee Break

 

7:10-8:20 pm: Keeping with the Joneses: a Model and Test of how Collective Accounting Fraud Varies with Aggregate Economic Performance

José Filipe Correia Guedes and Nuno Fernandes

Discussants: Walter Novaes and Jorge Farinha

 

Saturday Afternoon

4:30-5:40pm: Do Interest Rate Options Contain Information About Excess Returns?

Caio Almeida, Jeremy Graveline and Scott Joslin

Discussant: João Duque

 

5:40-6:50 pm:Investigation of the Costly-Arbitrage Model of Price Formation Around the Ex-Dividend Day

Qingley Dai, Kristian Rydqvist

Discussant: Jairo Procyanoi and José Filipe Correia Guedes

 

6:50-7:10 pm: Coffee Break

 

7:10-8:20 pm:On the Relationship between the Equity and the Forward Premium Puzzles?

Carlos Eugenio Costa, Paulo Matos

Discussants: Márcio Garcia and André Castro Silva

 

 

Sunday Morning

 

9:00-10:10 am: Do Insiders Time their Traders? Evidence from Euronext Lisbon

João Duque, Pedro Carvalho

Discussants: Marco Antonio Bonomo and Qinglei Dai

 

10:10-11:20 am: Unbundling Ownership and Control

Daniel Ferreira, Emanuel Ornelas and John Turner

Discussants: João Amaro de Matos and Vinicius Carrasco