SFS Cavalcade North America 2022

UNC at Chapel Hill
May 22-25, 2022


35 Years of the SFS: Video featuring SFS founders

FAQ with Matthew Spiegel

2022 SFS Finance Cavalcade Photos

2022 SFS Finance Cavalcade Program Committee

Conference Chairs

Chair: Andrea Eisfeldt (UCLA Anderson School of Management)
Vice Chair: Victoria Ivashina (Harvard Business School)
Associate Chair:
Jules van Binsbergen (The Wharton School)
Host’s Faculty Sponsors: Paolo Fulghieri, Christian Lundblad
Event Organization by Jaclyn Einstein (SFS), Christina Hardin (UNC)

Keynote Speakers

Monday May 23 3:30pm RCFS Keynote “Cross-Subsidies in Household Finance” by Tarun Ramadorai (Imperial College London)
Tuesday May 24 12pm Cavalcade Keynote “Intangible Capital” by Andrea Eisfeldt (UCLA) | Audio Version
Tuesday May 24 3:30pm RAPS Keynote “COVID-19 and the Principles of Economics by Chester Spatt (Carnegie Mellon University)

Tweet with us! #SFSCavalcade


Best Paper in Asset Pricing: “A Quantity-based Approach to Constructing Climate Risk Hedge Portfolios” by Georgij Alekseev, Stefano Giglio, Quinn Maingi, Julia Selgrad, and Johannes Stroebel

Best Paper in Corporate Finance: “CEO Compensation: Evidence From the Field” by Alex Edmans, Tom Gosling, and Dirk Jenter

Arthur Warga Award for Best Paper in Fixed Income: “The Demand for Money, Near-Money, and Treasury Bonds” by Arvind Krishnamurthy and Wenhao Li


Friday Conference Center at UNC


Welcome Reception Sunday 4-6pm
DuBose House at the Rizzo Conference Center, 150 DuBose Home Lane, 

Awards Reception Monday 4:15-6pm
Featuring the announcement of the Best Paper at the Cavalcade awards!
Grumman Auditorium/Atrium at Friday Center

Conference Reception Tuesday 6-9pm
The Carolina Club


Aloft Chapel Hill and Courtyard Chapel Hill

Map showing venue and hotels

-Call for Papers

-The submission period was November 8-December 13.

-You do not need to remove author names from the uploaded paper.

-The submitted paper must not be accepted (or conditionally accepted) at a journal.

-Papers that have been presented (or are scheduled to be presented) at the WFA, AFA, and/or SFS Cavalcade Asia-Pacific are allowed.

-Authors of accepted papers are required to attend their session regardless of which day the session is scheduled; if an author can not make it to the scheduled time, the conference reserves the right to pull the paper.
-The submission fee was $50.

-For papers in which ALL co-authors are doctoral students, the submission fee was waived. Make sure you select the student category to avoid paying the fee.

-ConfTool requires you to pay the fee before you can submit your paper. If you are submitting multiple papers, ConfTool will ask you to pay all the fees at once, then upload each paper individually.

-There are no refunds.
You have the option to elect dual submission to either the Review of Corporate Finance Studies or the Review of Asset Pricing Studies. If the journal you select decides not to send your paper out for review, the editor may refer your paper to the other journal, if appropriate, or to the Review of Financial Studies, for possible review. Thus, by selecting the dual submission option, you have implicitly agreed to be reviewed by any of the three SFS journals. Please see our Dual Submission Policy.
-We received 1433 submissions. The acceptance rate was 9.4%.

-Conference decisions were sent on February 9, 2022.

-RAPS and RCFS dual submission decisions have been sent.

Registration Deadline May 16
All participants must register, including session chairs, discussants, presenters, and attending co-authors.

Early Registration (through April 8, 2022)
SFS Members: $100
Nonmembers: $140

Regular Registration (beginning April 9, 2022)
SFS Members: $125
Nonmembers: $165

PhD Student (from any organization): Free
UNC Faculty or PhD Student: Free

Conference T-shirts are included while supplies last.

Registration is nonrefundable.
Recommended presentation times: 20 minutes for authors, up to 15 minutes for discussants, and 10 minutes for audience and author participation, for a total of 45 minutes per paper. Session chairs will guide the time at their discretion.
The SFS Cavalcade is a three day conference covering all areas of finance. The format is 55 minutes per paper with nine-to-eleven parallel sessions. Our goal is to provide a setting that produces the kind of in-depth participation of a smaller conference while accommodating the variety of papers of a larger one. The host school’s faculty and Ph.D. students receive complimentary registration to the conference and all events. The SFS Cavalcade conference is a joint project of the Review of Financial Studies, the Review of Corporate Finance Studies, and the Review of Asset Pricing Studies.

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