Virtual Municipal Finance Workshop

Schedule






SPRING 2025 SCHEDULE

(Click here to download a pdf copy of the schedule)


Wednesday, February 19, 2025, 11:00am - 12:00pm ET

Week 1: Municipal Finance and Informational Efficiency (Zoom Link)


Paper 1

Newspaper Notice as a Government Transparency Mechanism: Evidence from Florida

Ivan Belousov, Yale University

Anya Nakhmurina, Yale University

Delphine Samuels, University of Chicago

(Note: paper link coming soon)


Paper 2

From Arm’s Length to Arm in Arm: Banks and Municipal Bond Financing

Gustavo Cortes, University of Florida

Igor Cunha, University of Kentucky

Sharjil Haque, Federal Reserve Board of Governors



Wednesday, March 5, 2025, 11:00am - 12:00pm ET

Week 2: Municipal Finance and Stakeholder Relationships (Zoom Link)


Paper 1

Dealer Quid Pro Quo in the Municipal Bond Market

Casey Dougal, Florida State University

Daniel A. Rettl, University of Georgia

Vasiliy Yakimenko, University of Georgia


Paper 2

Winning at the Starting Line: Underwriter Connections and Municipal Bond Fund Performance 

Bingkuan (Bryan) Cao, University of Nebraska-Lincoln

Zihan Ye, University of Tennessee

Russ Wermers, University of Maryland



Wednesday, March 19, 2025, 11:00am - 12:00pm ET

Week 3: Municipal Finance and the Macroeconomy (Zoom Link)


Paper 1

Asset Demand of U.S. Households 

Xavier Gabaix, Harvard University

Ralph S.J. Koijen, University of Chicago

Federico Mainardi, University of Chicago

Sangmin Oh, Columbia University

Motohiro Yogo, Princeton University


Paper 2

Contract Rigidity in Municipal Financing and Monetary Policy Transmission to the Real Economy

Igor Cunha, University of Kentucky

Michael Varley, University of Kentucky



Wednesday, April 2, 2025, 11:00am - 12:00pm ET

Week 4: Municipal Finance and Immigration (Zoom Link)


Paper 1

Unauthorized Immigration and Local Government Finances

Jess Cornaggia, Pennsylvania State University

Kimberly Cornaggia, Pennsylvania State University

Ryan D. Israelsen, Michigan State University


Paper 2

Should They Stay or Should They Go? Immigration and Municipal Bonds

Kyle E. Zimmerschied, University of Missouri



Wednesday, April 16, 2025, 11:00am - 12:00pm ET

Week 5: Municipal Finance and the Environment (Zoom Link)


Paper 1

Is Physical Climate Risk Priced? Evidence from Regional Variation in Exposure to Heat Stress

Viral V. Acharya, New York University

Timothy Johnson, University of Illinois Urbana-Champaign

Suresh Sundaresan, Columbia University

Tuomas Tomunen, Boston College


Paper 2

Green Labeling

Tuomas Tomunen, Boston College

Hanyi (Livia) Yi, Boston College




Wednesday, April 30, 2025, 11:00am - 12:00pm ET

Week 6: Job Market Papers on Municipal Finance (Zoom Link)


Paper 1

The Efficiency of Municipal Bond Tax Shields

Hala Moussawi, Stanford University


Paper 2

When the Thin Bench Gets Thinner: The Effects of Investment Bank Consolidation on Municipal Finance

Renping Li, Washington University in St. Louis