Authors, please upload your paper here.

NATIONAL BUREAU OF ECONOMIC RESEARCH, INC

ASSET PRICING PROGRAM MEETING

Nicolae Garleanu and Martin Lettau, Organizers

April 23, 2010

University of Chicago

Gleacher Center, Booth School of Business (Downtown Chicago)

Room 304

450 North City Front Plaza Drive

Chicago, IL

PROGRAM

FRIDAY, APRIL 23:
8:00 am	Continental Breakfast
8:30 am	JULES VAN BINSBERGEN, Stanford University
	MICHAEL BRANDT, Duke University and NBER
	RALPH KOIJEN, University of Chicago
	On Timing and Pricing of Cash Flows
	Discussant: JESSICA WACHTER, University of Pennsylvania and NBER
9:30 am	Break
9:45 am	GREGORY DUFFEE, John Hopkins University
	Sharpe Ratios in Term Structure Models
	Discussant: STIJN VAN NIEUWERBURGH, New York University and NBER
10:45 am	Break
11:00 am	TAREK HASSAN, University of Chicago
	THOMAS MERTENS, New York University
	The Social Cost Near-Rational Investment: Why We Should Worry About Volatile Stock Markets
	Discussant: PIERRE OLIVIER WEIL, UC, Los Angeles and NBER
12:00 pm	Lunch- Room 621
1:15 pm	JUHANI LINNAINMAA, University of Chicago
	Reverse Survivorship Bias
	Discussant: CLEMENS SIALM, University of Texas and NBER
2:15 pm	Break
2:30 pm	HUI CHEN and SCOTT JOSLIN, MIT
	NGOC-KHANH TRAN,
	Rare Disasters and Risk Sharing with Heterogeneous Beliefs
	Discussant: XAVIER GABAIX, New York University and NBER
3:30 pm	Break
3:45 pm	MAXIM ULRICH, Columbia University
	Observable Long Run Ambiguity and Long Run Risk
	Discussant: STANLEY ZIN, New York University and NBER
4:45 pm	Adjourn
6:00 pm	Joint Dinner
	University of Chicago
	Gleacher Center, Room 621
	450 North Cityfront Plaza Drive
	Chicago, IL
4/13/10