Call for Papers: 15TH MITSUI LIFE SYMPOSIUM ON GLOBAL FINANCIAL MARKETS

                   ANNOUNCEMENT AND CALL FOR PAPERS

        15TH MITSUI LIFE SYMPOSIUM ON GLOBAL FINANCIAL MARKETS

            "CREDIT RISK: IMPLICATIONS FOR THE MACROECONOMY
                          AND FINANCIAL MARKETS"

                                 at the
                  Stephen M. Ross School of Business,
                        University of Michigan
                            Ann Arbor, MI

                           May 29-31, 2008


     We invite paper submissions on issues pertaining to the
     implications of credit risk for financial markets and the
     macroeconomy. Possible topics of empirical and theoretical
     studies include but are not limited to:

     - The impact of credit risk on the cross section of asset
       returns and the aggregate stock market
     - The role of monetary policy in credit risk
     - Effects of credit derivatives on systemic risk
     - Valuation, measurement, and management of credit risks
     - Transmission of credit or liquidity crises across markets
     - The microeconomic foundation of correlated credit shocks

     Active audience participation has been the norm at past
     symposiums and is encouraged again this year. In addition,
     each paper will be assigned to a discussant. Participation
     is by invitation only to offer opportunities for
     considerable interaction among the participants. Therefore
     all invited participants are expected to stay during the
     entire conference, which begins with a reception on
     Thursday evening, May 29 and ends with lunch, Saturday, May
     31, 2008.

     We will award again this year a prize for Best Paper,
     determined by an anonymous vote at the end of the
     conference. The Best Paper will be announced during the
     closing lunch on Saturday.


     PAPER SUBMISSIONS:

     Authors are invited to submit papers electronically (MS
     Word or PDF format) by January 31, 2008. Each paper should
     contain an abstract and provide the author(s) full
     affiliation(s) and contact information. Authors of accepted
     papers will be notified by March 15, 2008. Travel and
     accommodations will be paid for speakers and discussants.

     To submit visit:

        http://www.bus.umich.edu/Mitsui/symposium.html

     Questions can be addressed to:

     Email:       MAILTO:buchanan@umich.edu


     CONFERENCE ORGANIZING COMMITTEE:

     E. Han Kim (Chair), Erica Li, Haitao Li, Francisco
     Palomino, Tyler Shumway, and Lu Zhang
Posted 10/18/07