
	Thursday, January 12
7:00 pm	Dinner, Royal Sonesta Hotel, Parkview Room
	Friday, January 13
8:00 am	Continental breakfast
	Retail Traders
8:30 am	Are Cryptos Different? Evidence from Retail Trading Igor Makarov, London School of Economics Shimon Kogan, Reichman University Marina Niessner, Indiana University Antoinette Schoar, Massachusetts Institute of Technology and NBER Discussant: John Y. Campbell, Harvard University and NBER
9:15 am	The “Actual Retail Price” of Equity Trades Christopher Schwarz, University of California at Irvine Brad Barber, University of California at Davis Xing Huang, Washington University in St Louis Philippe Jorion, University of California at Irvine Terrance T. Odean, University of California at Berkeley Discussant: Ekkehart Boehmer, Singapore Management University
10:00 am	Break
	Corporate Finance and Financial Intermediaries
10:15 am	How Important Is Corporate Governance? Evidence from Machine Learning Ian D. Gow, University of Melbourne David Larcker, Stanford University Anastasia A. Zakolyukina, University of Chicago Discussant: Michael S. Weisbach, The Ohio State University and NBER
11:00 am	Know Your Customer: Informed Trading by Banks Rainer Haselmann, Goethe University Frankfurt and SAFE Christian Leuz, University of Chicago and NBER Sebastian Schreiber, Goethe University Frankfurt Discussant: Kathleen Hanley, Lehigh University
11:45 am	Sequential Search for Corporate Bonds Mahyar Kargar, University of Illinois at Urbana-Champaign Sebastien Plante, University of Wisconsin - Madison Benjamin Lester, Federal Reserve Bank of Philadelphia Pierre-Olivier Weill, University of California, Los Angeles and NBER Discussant: Kumar Venkataraman, Southern Methodist University
12:30 pm	Lunch
	News
1:30 pm	News Diffusion in Social Networks and Stock Market Reactions David Hirshleifer, University of Southern California and NBER Lin Peng, Baruch College Qiguang Wang, Hong Kong Baptist University Discussant: Anastassia Fedyk, University of California at Berkeley
2:15 pm	News and Asset Pricing: A High-Frequency Anatomy of the SDF Tim Bollerslev, Duke University and NBER Saketh Aleti, Duke University Discussant: Yacine Aït-Sahalia, Princeton University and NBER
3:00 pm	Break
	Cross-Sectional Asset Pricing
3:15 pm	Complexity in the Cross-Section Antoine Didisheim, Department of Finance, University of Lausanne Barry Ke, Yale School of Management Bryan T. Kelly, Yale University and NBER Semyon Malamud, Swiss Finance Institute Discussant: Nikolai Roussanov, University of Pennsylvania and NBER
4:00 pm	Missing Financial Data (slides) Svetlana Bryzgalova, London Business School Sven Lerner, Stanford University Martin Lettau, University of California, Berkeley and NBER Markus Pelger, Stanford University and NBER Discussant: Serhiy Kozak, University of Maryland
4:45 pm	Adjourn

Participants

Simona Abis, University of Colorado Boulder
Saketh Aleti, Duke University
Amber Anand, Syracuse University
James J. Angel, Georgetown University
Jitendra Aswani, Massachusetts Institute of Technology
Yacine Aït-Sahalia, Princeton University and NBER
Şenay Ağca, The George Washington University
Ayeh Bandeh-Ahmadi, University of Maryland
Nicholas C. Barberis, Yale University and NBER
Robert Battalio, University of Notre Dame
Hendrik Bessembinder, Arizona State University
Vincent Bogousslavsky, Boston College
Tim Bollerslev, Duke University and NBER
Alon Brav, Duke University and NBER
Jonathan Brogaard, University of Utah
Svetlana Bryzgalova, London Business School
John Y. Campbell, Harvard University and NBER
Lin William Cong, Cornell University and NBER
Francis X. Diebold, University of Pennsylvania and NBER
Dobrislav Dobrev, Federal Reserve Board of Governors
Gregory Eaton, University of Georgia
Andrew Ellul, Indiana University
Isil Erel, The Ohio State University and NBER
Thomas Ernst, University of Maryland
Sijia Fan, Cornell University
Vivian W. Fang, Indiana University
Maryam Farboodi, Massachusetts Institute of Technology and NBER
Anastassia Fedyk, University of California at Berkeley
Vyacheslav Fos, Boston College and NBER
Kenneth R. French, Dartmouth College and NBER
Hengshun Ge, Beihang University
Vincent Glode, University of Pennsylvania
William N. Goetzmann, Yale University and NBER
Itay Goldstein, University of Pennsylvania and NBER
Michael Goldstein, Babson College
Ian D. Gow, University of Melbourne
Clifton Green, Emory University
Kathleen Hanley, Lehigh University
Rainer Haselmann, Goethe University Frankfurt and SAFE
Gerard Hoberg, University of Southern California
Robert J. Hodrick, Columbia University and NBER
David A. Hsieh, Duke University
Xing Huang, Washington University in St Louis
Paul Irvine, Texas Christian University
Ravi Jagannathan, Northwestern University and NBER
Mahyar Kargar, University of Illinois at Urbana-Champaign
Shikun (Barry) Ke, Yale School of Management
Bryan T. Kelly, Yale University and NBER
Dasol Kim, Department of the Treasury
Andrei Kirilenko, University of Cambridge
Shimon Kogan, Reichman University
Ralph S. J. Koijen, University of Chicago and NBER
Serhiy Kozak, University of Maryland
Toomas Laarits, New York University
Owen Lamont, Acadian Asset Management
Benjamin Lester, Federal Reserve Bank of Philadelphia
Christian Leuz, University of Chicago and NBER
Sida Li, Brandeis University
Sophia Zhengzi Li, Rutgers University
Tengyuan Liang, University of Chicago
Marc Lipson, University of Virginia

Tingting Liu, University of Tennessee
Alejandro Lopez-Lira, University of Florida
Igor Makarov, London School of Economics
Andrey Malenko, Boston College
Katya Malinova, McMaster University
Stewart Mayhew, Cornerstone Research
Hamid Mehran, Federal Reserve Bank of New York
Albert Menkveld, VU University Amsterdam
Joshua Mollner, Northwestern University
Dmitriy Muravyev, University of Illinois Urbana-Champaign
Marina Niessner, Indiana University
Shawn O'Donoghue, FDIC
Esen Onur, Commodity Futures Trading Commission
Mark Paddrik, Office of Financial Research
Michaela Pagel, Washington University in St Louis and NBER
Paolo Pasquariello, University of Michigan
Markus Pelger, Stanford University and NBER
Lin Peng, Baruch College
Gordon M. Phillips, Dartmouth College and NBER
Sébastien Plante, University of Wisconsin - Madison
Steven Poser, NYSE
James M. Poterba, Massachusetts Institute of Technology
Alessandro Previtero, Indiana University and NBER
Andy Puckett, University of Tennessee
S. Abraham (Avri) Ravid, Yeshiva University, Visiting Professor Yale School of Management
Alessandro Rebucci, Johns Hopkins University and NBER
Matthew Ringgenberg, University of Utah
Zac Rolnik, Now Publishers
Tavy Ronen, Rutgers University
Brian S. Roseman, Oklahoma State University
Ronnie Sadka, Boston College
Mehmet Saglam, Princeton University
Mehrdad Samadi, Federal Reserve Board of Governors
Mirela Sandulescu, University of North Carolina, Chapel Hill
Asani Sarkar, Federal Reserve Bank of New York
Sebastian Schreiber, Goethe University Frankfurt
Christopher Schwarz, University of California at Irvine
John Shim, University of Notre Dame
Vincent Skiera, Two Sigma Investments
Elvira Sojli, University of New South Wales
Jonathan Sokobin, Financial Industry Regulatory Authority
Chester S. Spatt, Carnegie Mellon University and NBER
Robert F. Stambaugh, University of Pennsylvania and NBER
Noah Stoffman, Indiana University
Johannes Stroebel, New York University and NBER
Fred Sun, Cornell University
Kumar Venkataraman, Southern Methodist University
Luis M. Viceira, Harvard University and NBER
Sunil Wahal, Arizona State University
Wei Wang, Chinese University of Hong Kong (Shenzhen)
Shang-Jin Wei, Columbia University and NBER
Michael S. Weisbach, The Ohio State University and NBER
Jeffrey Wurgler, New York University and NBER
Yesha Yadav, Vanderbilt University
Liyan Yang, University of Toronto
Mao Ye, Cornell University and NBER
Motohiro Yogo, Princeton University and NBER
Bart Zhou. Yueshen, SMU LKCSB
Anastasia A. Zakolyukina, University of Chicago
Ruixun Zhang, Peking University