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European Financial Management Association
2017 Annual Meetings
June 28-July 1, 2017
Athens, Greece


EFMA 2017 Conference Awards


EFMA CONFERENCE BEST PAPER AWARD ($3,000)
PEDRO BARROSO, University of New South Wales
PAULO MAIO, Hanken School of Economics
"Managing the Risk of the "Betting-Against-Beta" Anomaly: Does it Pay to Bet Against Beta?"



LARRY LANG CORPORATE FINANCE BEST PAPER AWARD ($2,000)
HYUN HONG, University of California, Riverside
JI WOO RYOU, University of California, Riverside
ANUP SRIVASTAVA, Tuck School of Business - Dartmouth College

"Changes in Firms’ Investment Policies upon the CDS Initiation and the Role and the Incentives of Managers in Accompanying Lender-shareholder Wealth Transfer"



GLOBAL ASSOCIATION OF RISK PROFESSIONALS (GARP) RISK MANAGEMENT AWARD ($2,500)
BURKHARD RAUNIG
OESTERREICHISCHE NATIONALBANK

"Economic Policy Uncertainty and the Volatility of Sovereign CDS Spreads"



EURONEXT CAPITAL MARKETS BEST PAPER AWARD ($1,500)

ANTHONY DIERCKS
Federal Reserve Board

"The Equity Premium, Long-Run Risk, and Optimal Monetary Policy"


JOHN A. DOUKAS Ph.D. BEST PAPER AWARD ($2,000)

GEORGIOS MAGKOTSIOS, University of Southern California

"The Life Cycle of Investment Management when "Today's Alpha is Tomorrow's Beta"

LUCA PEZZO, Washington University in Saint Louis
"What Is Wrong With Representative Agent Equilibrium Models?"