More than 250 academics and policymakers from institutions including the Securities and Exchange Commission, the International Monetary Fund, and the Federal Reserve Board gathered at Georgetown in May for the 2014 Finance Cavalcade, an annual meeting of academics and thought leaders in finance. Several McDonough School of Business faculty participated in the conference in different capacities, serving as presenters, session chairs, and discussants.
Sponsored by the Society for Financial Studies, the annual event is held at a different U.S. university each year. The three-day event featured presentations on a ranging from discussions on entrepreneurship and personal finance, to structured finance, housing price dynamics, credit spreads and earnings management. Reena Aggarwal, professor of finance and director of the Georgetown Center for Financial Markets and Policy, said she also expects the event will be “extremely helpful” in recruiting faculty to McDonough.
“Conferences such as this one provide forums to discuss new research addressing the opportunities and challenges faced by global finance,” said Aggarwal, who chaired a session on Empirical Capital Structure at this year’s cavalcade.
Aggarwal explained that Washington has increasingly become regarded as a new “global financial hub” where important conversations take place on key policy issues related to global financial markets, leading to the development of meaningful research for financial markets, policy makers, and the international financial community. She said the finance faculty and the center plan to build on the momentum of this event by organizing other academic seminars and workshops.
Other upcoming events by the center include a CEO/director roundtable on Improving Critical Infrastructure Cybersecurity: A View from Policymakers, a major conference on Financial Markets Quality, and as part of the center’s Congressional Policy Briefing Series a panel on Innovations in Trading and Exchanges.
