Asset Pricing Program Meeting
Organized by Tano Santos and Harrison Hong
November 30, 2018
Stanford Graduate School of Business, Seawell Boardroom (B400), Bass Center, 655 Knight Way, Stanford, CA

Thursday, November 29

6:00 pm

Dinner
Schwab-Vidalakis Dining Hall, 680 Serra Street, Stanford, CA 94305

Friday, November 30

8:00 am

Continental Breakfast

8:30 am

Market-Beta and Downside Risk

Yaron Levi, University of Southern California
Ivo Welch, University of California, Los Angeles and NBER

Discussant:
Andrew Ang, Columbia University

9:30 am

Break

9:45 am

Efficient Bubbles?

Valentin Haddad, University of California, Los Angeles and NBER
Paul Ho, Federal Reserve Bank of Richmond
Erik Loualiche, University of Minnesota

Discussant:
Pablo Kurlat, University of Southern California and NBER

10:45 am

Break

11:00 am

Factors that Fit the Time Series and Cross-Section of Stock Returns (slides)

Martin Lettau, University of California, Berkeley and NBER
Markus Pelger, Stanford University and NBER

Discussant:
Serhiy Kozak, University of Maryland, College Park

12:00 pm

Break

1:15 pm

Volatility and Informativeness

Cecilia Parlatore, New York University and NBER
Eduardo Dávila, Yale University and NBER

Discussant:
Laura Veldkamp, Columbia University and NBER

2:15 pm

Break

2:30 pm

A Model of Cryptocurrencies

Michael Sockin, University of Texas at Austin
Wei Xiong, Princeton University and NBER

Discussant:
Lin William Cong, Cornell University and NBER

3:30 pm

Break

3:45 pm

Foreign Safe Asset Demand and the Dollar Exchange Rate

Zhengyang Jiang, Northwestern University and NBER
Arvind Krishnamurthy, Stanford University and NBER
Hanno Lustig, Stanford University and NBER

Discussant:
Pierre-Olivier Gourinchas, International Monetary Fund and NBER

4:45 pm

Adjourn