Asset Pricing Program Meeting
Organized by Nicolae B. Gârleanu and Martin Lettau
November 20-21, 2014
Stanford Graduate School of Business

Thursday, November 20

1

Long-Run Risk is the Worst-Case Scenario

Rhys Bidder, University of Cambridge
Ian Dew-Becker, Federal Reserve Bank of Chicago

2

Bond Market Exposures to Macroeconomic and Monetary Policy Risks

Dongho Song, Johns Hopkins University

3

The Empirical Merton Model

Pietro Veronesi, University of Chicago and NBER