Friday, April 9
11:00 am

Pricing Currency Risks

Mikhail Chernov, University of California, Los Angeles and NBER
Magnus Dahlquist, Stockholm School of Economics
Lars A. Lochstoer, University of California, Los Angeles and NBER

Discussant:
Adrien Verdelhan, Massachusetts Institute of Technology and NBER
11:50 am
Break
11:55 am
Lightning Session

Hedge Funds and the Treasury Cash-Futures Disconnect

Robert Jay. Kahn, Federal Reserve Board of Governors
Daniel Barth, Federal Reserve Board of Governors

Is Hard and Soft Information Substitutable? Evidence from the Lockdowns

Jennie Bai, Georgetown University and NBER
Massimo Massa, INSEAD
12:35 pm
Break on Gather.town
1:25 pm

Bayesian Solutions for the Factor Zoo: We Just Ran Two Quadrillion Models

Svetlana Bryzgalova, London Business School
Christian Julliard, London School of Economics and Political Science (LSE)
Jiantao Huang, The University of Hong Kong (HKU)

Discussant:
Dacheng Xiu, University of Chicago and NBER
2:15 pm
Break
2:25 pm

Common Fund Flows: Flow Hedging and Factor Pricing

Leonid Kogan, Massachusetts Institute of Technology and NBER
Winston Wei Dou, University of Pennsylvania and NBER
Wei Wu, Texas A&M University

Discussant:
Yiming Ma, Columbia University
3:15 pm
Break
3:25 pm

In Search of the Origins of Financial Fluctuations: The Inelastic Markets Hypothesis

Xavier Gabaix, Harvard University and NBER
Ralph S. J. Koijen, University of Chicago and NBER

Discussant:
Lasse H. Pedersen, Copenhagen Business School
4:20 pm
Adjourn