Yiran Fan Memorial Conference
Every year, scholars in financial economics gather to share ongoing research in a series of alumni and student presentations as part of a commemorative event dedicated to our late colleague, Yiran Fan. Faculty announced the Yiran Fan Memorial Fellowship during the 2023 conference and will continue to present the Yiran Fan Memorial Prize to a student awardee in 2025. Conference participants hope to continue to carry the promise of Yiran’s contributions forward this year. The next event will take place on Tuesday, May 27, 2025 at the Chicago Booth Harper Center.
During his time at Booth, Yiran was completing a doctoral degree in Financial Economics and working as a Professional Development Fellow at the Fama-Miller Center for Research in Finance. You can find more details on the life and legacy of Yiran Fan by visiting the Chicago Booth memoriam page.
2025 Yiran Fan Memorial Conference
Tuesday, May 27
University of Chicago Booth Harper Center
8:30-9:00 a.m.: Registration (continental breakfast)
*registration is restricted to invitees*
9:00-9:05 a.m.: Welcome
9:05-10:05 am.: Presentation 1
Filippo Cavaleri: “Segmented Markets and the Pricing of the Government Debt Portfolio”
Discussant: Jaroslav Borovicka, PhD ‘12
10:05-10:15: Break (10 mins)
10:15-11:15 am.: Presentation 2
Raman Chhina: “Welfare Costs and Benefits of Deficit Financed Fiscal Policy”
Discussant: Paymon Khorrami, PhD ‘19
11:15-11:30: Break (10 mins)
Lunch
11:30-1:00 p.m.: Announcement of 2024 Yiran Fan Memorial Fellowship and 2025 Yiran Fan Memorial Prize
Featured Speaker: Mark Egan, PhD ‘15
1:00-1:15: Break (15 mins)
1:15-2:15 p.m.: Presentation 3
Joanna Harris: “Heterogeneous Impacts of Environmental Regulation”
Discussant: Simon Oh, PhD ‘24
No Break
2:15-3:15 p.m.: Presentation 4
Jessica Li: “Complementarity of Bank and Market Debt in Dynamic Debt Structure”
Discussant: Maryam Farboodi, PhD ‘14
3:15-3:30: Break (15 mins)
3:30-4:30 p.m.: Presentation 5
Bianca He: “Financing Intangibles”
Discussant: Alan Moreira, PhD ‘11
4:30-4:45: Break (15 mins)
4:45-6:00 p.m.: Student Poster Presentations & Reception
- Monica Barbosa: “What Drives New Fund Creation?”
- Thomas Bourany: “The Distributional Consequences of Climate Uncertainty”
- Nimisha Gupta: “Capital Controls, Misallocation and Risk: Cross-country Evidence from Firms’ Bond Issuance”
- Jose Quintero: “Stepping Stones or Traps? The Dynamics of Informal Employment”
- Enrico Stivella: “Loans and Human Capital: Manager Mobility in the Financial Sector and Credit Allocation”
- Judy Yue: “The Elegance of Decline: Optimal Strategies for Resolving Distressed Office Loans”
Yiran Fan Memorial Prize Announcement
The Yiran Fan Memorial Prize is a fellowship established in memory of late UChicago PhD student, Yiran Fan, which includes contributions from Fan’s parents and is awarded to a student in the Joint Program in Financial Economics.
It was established to commemorate Yiran Fan’s kind and generous spirit and his devotion to bringing together fellow students, young researchers, and faculty as companions in learning. The prize is award by a student selection committee based on student nominations for the graduate student who made the greatest contribution to establishing and maintaining an open and nurturing learning environment for those with interests in economic dynamics, macroeconomics, or financial economics.
