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NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

Market Microstructure Meeting

Supported by the NASDAQ-OMX Foundation

Tarun Chordia, Amit Goyal, Joel Hasbrouck, Bruce Lehmann, Gideon Saar, and
 Avanidhar Subrahmanyam, Organizers

December 11, 2015

NBER
2nd Floor Conference Room
1050 Massachusetts Avenue

 Cambridge, MA  

PROGRAM


Participant List


Thursday, December 10

7:00 pm           Group Dinner at Dante Restaurant, Royal Sonesta Hotel


Friday, December 11

7:45 am

Shuttle leaves Royal Sonesta Hotel for NBER

8:15 am

Shuttle leaves Royal Sonesta Hotel for NBER

8:15 am

Continental Breakfast

8:45 am

Brian Weller, Northwestern University
Efficient Prices at Any Cost: Does Algorithmic Trading Deter Information Acquisition?

Discussant:  Jia Li, Duke University

9:35 am

Break

9:50 am

Ralph Koijen, London Business School
Motohiro Yogo, Princeton University and NBER
An Equilibrium Model of Institutional Demand and Asset Prices

Discussant:  Anna Pavlova, London Business School

10:40 am

Break

10:55 am

Albert Menkveld, VU University Amsterdam
Bart Zhou Yueshen, INSEAD
Haoxiang Zhu, Massachusetts Institute of Technology and NBER
Shades of Darkness: A Pecking Order of Trading Venues

Discussant:  Barbara Rindi, Bocconi University

11:45 am

Lunch

 


Speaker:  Lawrence Harris, University of Southern California
 

1:30 pm

Bart Zhou Yueshen, INSEAD
Uncertain Market Making

Discussant:  Shmuel Baruch, University of Utah

2:20 pm

Break

2:35 pm

Jonathan Brogaard, University of Washington
Matthew Ringgenberg, Washington University in St. Louis
David Sovich, Washington University in St. Louis
The Real Impact of Passive Investing in Financial Markets

Discussant:  Ing-Haw Cheng, Dartmouth College

3:25 pm

Break

3:40 pm

Jiasun Li, University of California at Los Angeles
Profit-Sharing, Wisdom of the Crowd, and Theory of the Firm

Discussant:  Liyan Yang, University of Toronto

4:30 pm

Adjourn