Asset Pricing Program Meeting
Organized by Harrison Hong and Bryan T. Kelly
November 1, 2024
Stanford University Graduate School of Business, Knight Management Center, 655 Knight Way, Room Z301, Stanford, CA
Format: 20 minutes for authors, 20 minutes for discussants, 20 minutes for Q&A
Thursday, October 31
6:00 pm
Group Dinner - Vidalakis Dining Room at Stanford University
Friday, November 1
8:00 am
Continental Breakfast
8:30 am

Aggregation, Liquidity, and Asset Prices with Incomplete Markets

Sebastian Di Tella, Stanford University and NBER
Benjamin M. Hébert, Stanford University and NBER
Pablo Kurlat, University of Southern California and NBER

Discussant:
Alp Simsek, Yale University and NBER
9:30 am
Break
9:45 am

Monetary Policy without Moving Interest Rates: The Fed Non-Yield Shock

Christoph Boehm, University of Texas at Austin and NBER
T. Niklas Kroner, Federal Reserve Board of Governors

Discussant:
Rossen Valkanov, University of California, San Diego
10:45 am
Break
11:00 am

Quantity, Risk, and Return

Yu An, Johns Hopkins University
Yinan Su, Johns Hopkins University
Chen Wang, University of Notre Dame

Discussant:
Andrea L. Eisfeldt, University of California, Los Angeles and NBER
12:00 pm
Lunch - Vidalakis Dining Room
1:15 pm

A Currency Premium Puzzle

Tarek Alexander Hassan, Boston University and NBER
Thomas Mertens, Federal Reserve Bank of San Francisco
Jingye Wang, Renmin University of China

Discussant:
Mikhail Chernov, University of California, Los Angeles and NBER
2:15 pm
Break
2:30 pm

What Can Cross-Sectional Stocks Tell Us About Core Inflation Shocks?

Claire Yurong Hong, Shanghai Advanced Institute of Finance
Jun Liu, University of California, San Diego
Jun Pan, Shanghai Jiao Tong University
Shiwen Tian, Central University of Finance and Economics

Discussant:
Michael Weber, Purdue University and NBER
3:30 pm
Break
3:45 pm

Asset Embeddings

Xavier Gabaix, Harvard University and NBER
Ralph S. J. Koijen, University of Chicago and NBER
Robert J. Richmond, New York University and NBER
Motohiro Yogo, Princeton University and NBER

Discussant:
Martin Lettau, University of California, Berkeley and NBER
4:45 pm
Adjourn