Keynotes

• Presentation: Academic Keynote Professor Nikolai Roussanov
• Presentation: Industry Keynote Robert Bryce

Session 1: Economics of Energy Markets

• Presentation: Deepa D. Datta (Federal Reserve Board), and Daniel A. Dias “Oil Shocks: A Textual Analysis Approach.”
  • Discussant: Lutz Kilian, Federal Reserve Bank of Dallas
• Presentation: Lutz Kilian (Federal Reserve Bank of Dallas & CEPR), and Xiaoqing Zhou (Federal Reserve Bank of Dallas) “Oil Prices, Gasoline Prices and Inflation Expectations.” 
  • Discussant: A. Lee Smith, Federal Reserve Bank of Kansas City
• Presentation: Knut Are Aastveit (Norges Bank, Norway), Hilde C. Bjørnland (BI Norwegian Business School, Norway), and Thomas S. Gundersen (Norway). “The Price Responsiveness of Shale Producers: Evidence from Micro Data.” 
  • Discussant: Veronika Selezneva, CERGE-EI, Czech
• Presentation: Johan Brannlund (Bank of Canada), Geoffrey Dunbar (Bank of Canada), and Reinhard Ellwanger (Bank of Canada). “Are temporary oil supply shocks real?”
  • Discussant: Thomas Lee, US EIA

Poster Presentation Session

• Poster: Ignacio Cervera (Universidad Pontificia Comillas, Spain), and Isabel Figuerola‐Ferretti (Universidad Pontificia Comillas, Spain). “Credit Risk and mild explosivity of Credit Default Swaps in the Corporate Energy Sector.”
• Poster: Nima Ebrahimi (Tulane University). “Gold Risk, Crash Fear and Expected Stock Returns.”  
• Poster: Yufeng Han (University of North Carolina at Charlotte), and Lingfei Kong (Washington University in St. Louis). “The Serial Dependence of the Commodity Futures Returns: A Machine Learning Approach.” 

Industry Panel I: Investing in Commodities Today

• Kartik Ghia: Senior Quantitative Researcher, Bloomberg
• Nicholas Sly:  Assistant Vice President, U.S. Federal Reserve Bank
• Nick Vasserman: Founder & Chief Investment Officer, Integrated Portfolio Intelligence, LLC,  
• Paul Pittman: Executive Chairman & CEO, Farmland Partners, Inc.

Session II: Trading and Hedging on Commodity Markets

• Presentation: Zeno Adams (University of St. Gallen, Switzerland), Solène Collot (University of St. Gallen, Switzerland), and Andrei Kirilenko (University of Cambridge, UK), “Measuring Financial Investor Presence Through Term Structure Deflection.”
  • ​Discussant: Ing-Haw Cheng, University of Toronto, Canada
• Presentation: Ing-Haw Cheng (University of Toronto, Canada), Ke Tang (Tsinghua University, China), and Lei Yan (Yale University) “Hedging Pressure and Commodity Option Prices.”
  • Discussant: Nick Pan, University of Oklahoma
• Presentation: Haibo Jiang (University of Quebec at Montreal, Canada), Nishad Kapadia (Tulane University), Yuhang Xing (Rice University), and Yifan Zhang (Rice University) “The Great Gold De-Hedging of the 2000s and Corporate Risk Management.” 
  • Discussant: Don Lien, University of Texas at San Antonio
• Presentation: Craig Pirrong (University of Houston). “Strategic Trading and Manipulation in Trade at Settlement Contracts.”
  • Discussant: Anthony Lee Zhang, University of Chicago

Session III: Liquidity, Storage and Risk Premium on Commodity Markets

• Presentation: Pankaj Jain (University of Memphis), Ayla Kayhan (Commodity Futures Trading Commission), and Esen Onur (Commodity Futures Trading Commission. “Determinants of Commodity Market Liquidity”
  • ​Discussant: Yufeng Han, University of North Carolina at Charlotte
• Presentation: Andrei Stancu (Newcastle University, UK), Lazaros Symeonidis (University of Essex, UK), Chardin Wese Simen (University of Liverpool, UK), and Lei Zhao (ESCP Business School, France). “The Dynamics of Storage Costs”. 
  • Discussant: Brian Wright, University of California, Berkley​
• Presentation: Loıc Marechal (University of University of Neuchatel, Switzerland). “A tale of two premiums revisited.”
  • Discussant: Xiao Qiao, City University of Hong Kong, Hong Kong
• Presentation: Eugenio S. A. Bobenrieth (Pontificia Universidad Catolica de Chile, Chile), Juan R. A. Bobenrieth (Universidad del Bıo-Bıo, Chile), Brian Wright (UC-Berkley), Ernesto A. Guerra (Universidad Catolica de la Santısima Concepcion, Chile). “A Weak Trend Hides Strong Commodity Price Predictability: An Empirical Method For An Unrecognized Problem”
  • Discussant: Craig Pirrong, University of Houston

Industry Panel II: Commodities & Carbon Markets

• Presentation
  • Julie Lerner, PanXchange
  • Lance Titus, Uniper
  • Joseph Williams, Norton Rose Fulbright
  • Deanna Reitman, DLA Piper 

​Session IV: Commodities Matter Everywhere

• Presentation: Andrés Fernández (IMF), Stephanie Schmitt-Grohé (Columbia University & NBER), and Martín Uribe (Columbia University & NBER). “Does the Commodity Super Cycle Matter?”
  • Discussant: Alain Kabundi, World Bank
• Presentation: Laurent Ferrara (University Côte d’Azur, France), Aikaterini Karadimitropoulou (University of Piraeus, Greece), and Athanasios Triantafyllou (ESSEX Business School, UK).  “Commodity price uncertainty comovement: Does it matter for global economic growth?”
  • Discussant: Andrew Detzel, Baylor University 
• Presentation: Nida Cakır Melek (Federal Reserve Bank of Kansas City), and Musa Orak (Federal Reserves Board).  “The Income Share of Energy and Substitution: A Macroeconomic Approach.”
  • Discussant: Ian Lange, Colorado School of Mines
• Presentation: Dongwon Lee (University of California, Riverside). “Commodity terms of trade volatility and industry growth."
  • Discussant: Athanasios Triantafyllou, ESSEX Business School, UK