Banco Popular de Puerto Rico

David Brown is the William R. Hough Professor of Finance in the Warrington College of Business at the University of Florida. Professor Brown has also served as Research Investment Officer at NISA Investment Advisors LLC (1998-2000) and Visiting Assistant Professor of Finance at the Kellogg School at Northwestern University (1990-1991). Professor Brown’s research interest and teaching assignments are in the area of fixed income security markets.  He has published papers in the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Financial Analysts Journal, Journal of Fixed Income, Journal of Business and Real Estate Economics. Professor Brown received his BA in Economics from Tulane University and his PhD in Economics from Washington University St. Louis.

Atsushi Chino was born in Yokohama, Japan. At Keio University in Japan he earned a Bachelor of Arts degree in Economics. After spending a few years at government and private sector positions, he obtained a Master of Arts in Economics from Osaka University in Japan and subsequently from University of Virginia. In 2012 he earned a Doctor of Philosophy in Finance at the Foster School of Business, University of Washington. He is currently an assistant professor in finance at the International University of Japan and teaches corporate finance, investment, and financial accounting courses. His research focuses on the effects of labor market rigidity and product market competition on corporate finance decisions.

Professor Chalmers is Associate Professor of Finance and Abbott Keller Distinguished Research Scholar at the Charles H. Lundquist College of Business at the University of Oregon where he has been on the faculty since 1996. He earned a BA in economics from Middlebury College in 1985, an MS in Applied Economics and a Ph.D. in Finance from the University of Rochester in 1992 and 1995 respectively.He has been Visiting Associate Professor at MIT’s Sloan School of Management, the Hong Kong University of Science and Technology and assistant professor at Virginia Tech. Professor Chalmers expertise is focused in the areas of municipal bonds, mutual funds, individual investor behavior and asset pricing.

James Bullard is president and chief executive officer of the Federal Reserve Bank of St. Louis, positions he has held since 2008. In these roles, he participates in the Federal Open Market Committee (FOMC) and directs the activities of the Federal Reserve’s Eighth District head office in St. Louis and branches in Little Rock, Ark., Louisville, Ky., and Memphis, Tenn. An economist and monetary policy scholar, Dr. Bullard has been with the Bank since 1990. His research has appeared in numerous professional journals, including the American Economic Review, the Journal of Monetary Economics, Macroeconomic Dynamics and the Journal of Money, Credit and Banking. He has been a peer reviewer for more than two dozen periodicals and institutions, and currently is co-editor of the Journal of Economic Dynamics and Control. In addition, Bullard has participated in more than 150 conferences, symposia and lectures sponsored by foreign central banks, academic institutions and monetary policy groups around the world. Bullard has called for the FOMC, the Fed’s monetary policymaking body, to adopt state-contingent policy, which is policy that is adjusted based on the state of the economy, and to give greater consideration to headline inflation than core inflation when making monetary policy decisions. He discussed the reasons to de-emphasize core inflation in his paper “Measuring Inflation: The Core Is Rotten,” published in 2011 in the Federal Reserve Bank of St. Louis’ Review. In the wake of the financial crisis, he supported quantitative easing and warned about the possibility of the United States’ falling into a Japanese-style deflationary trap. The latter was the subject of his paper “Seven Faces of ‘The Peril’,” published in 2010 in the Review. Beyond the Fed, Bullard is an honorary professor of economics at Washington University in St. Louis, where he also sits on the advisory councils of the economics department and of the Olin Business School’s Center for Finance and Accounting Research. He is a member of the University of Missouri-St. Louis Chancellor’s Council and serves on the boards of the St. Louis Regional Chamber and of the United Way of Greater St. Louis. A native of Forest Lake, Minn., Bullard received his doctorate in economics from Indiana University in Bloomington. He holds Bachelor of Science degrees in economics and in quantitative methods and information systems from St. Cloud State University in St. Cloud, Minn.

Jess Cornaggia is an Assistant Professor of Finance and Anderson Faculty Fellow at Georgetown University�s McDonough School of Business. Professor Cornaggia conducts empirical research in the areas of corporate finance, credit ratings, and financial intermediation. His research has published in the Journal of Financial Economics and the Review of Financial Studies. Professor Cornaggia was at Indiana University�s Kelley School of Business prior to joining Georgetown University. He has taught a variety of undergraduate courses, including Intermediate Corporate Finance, International Financial Management, Management of Financial Institutions, and Business Finance. Professor Cornaggia holds a bachelor�s degree in engineering and an MBA from Gonzaga University, and a Ph.D. in management science from the University of Texas at Dallas.�

Dr. Kenneth N. Daniels is a Professor of Finance at Virginia Commonwealth University and has been an invited speaker at conferences such as the Institutional Investors Americas Government Funds Roundtable. Dr. Daniels has received the Sydney Futures Exchange Prize for the outstanding paper on derivatives and the outstanding paper on investments from the Eastern Finance Association. Dr. Daniels has published over 20 refereed articles in journals such as The Journal of Money, Credit and Banking, The Journal of Corporate Finance, The Financial Review, The Journal of Financial Services Research, The Journal of Fixed Income, and The Journal of Financial Stability. His research on municipal bonds and financial advisors has been cited in the Dodd–Frank Wall Street Reform and Consumer Protection Act.Dr. Daniels is a board member for the Richmond Retirement System, Virginia Community Capital Incorporated (VCC) and the Virginia Community Development Corporation (VCDC). Currently, he is chairman of the finance committee for the Richmond Retirement System and Virginia Community Capital. Dr. Daniels also served on the Treasury Board for the Commonwealth of Virginia from 2002 to 2010 and is currently a board member of the Eastern Finance Association.

Pengjie Gao is an Assistant Professor of Finance at the University of Notre Dame. Currently, he also serves as a visiting economist at the Shanghai Stock Exchange in China. His research focuses on market frictions and prices. In recent papers, he studied institutional investment policy constraints induced liquidity events and asset prices; financial distress and default risk; risk and return profiles of the convergence trades; information processing capability of individual and institutional investors and their performance; short-sale constraints and asset prices; investor attention and asset prices; and information network and prices. His articles have appeared in the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies, among others. He is first prize winners of Chicago Quantitative Alliance (CQA) Academic Competition, and Crowell Memorial Prize; and second prize winner of JFE Fama-DFA Award. He received competitive research grants from EMI on security transaction tax (2012), Moody’s KMV on credit risk (2006), and Morgan Stanley on short-sale constraints (2005). He earned his doctoral degree in Financial Economics from Northwestern University. Prior to joining academics, he worked for Pequot Capital Management and Zacks IFE.

Paul H. Schultz is the John W. and Maude Clark Professor of Finance at the University of Notre Dame. He received his B.A. from Macalester College, and his M.B.A. and Ph.D. in Finance and Economics from the University of Chicago. His recent research interests include the pricing of municipal bonds, financial regulation and the Dodd-frank Act, arbitrage and the prices of dual class shares, and the ability of mutual funds to pick stocks.Schultz’s paper, “Options and the Bubble,” co-authored with Robert Battalio, was named as one of eight finalists for the 2006 Smith Breeden Award, given by the Journal of Finance. He won the Smith Breeden Award for his paper, “Why Do Nasdaq Market Makers Avoid Odd-Eighth Quotes,” co-authored with Bill Christie. He is an Associate Editor at the Journal of Financial and Quantitative Analysis and has previously served on the editorial board of the Journal of Finance. He has also on Nasdaq’s Economic Advisory Board.Paul is the director of the Center for the Study of Financial Regulation.