Friday, November 10

8:30 am

Breakfast

9:00 am

How People Use Statistics

Pedro Bordalo, University of Oxford
John J. Conlon, Carnegie Mellon University
Nicola Gennaioli, Bocconi University
Spencer Yongwook Kwon, Brown University
Andrei Shleifer, Harvard University and NBER

Discussant:
Yucheng Liang, Carnegie Mellon University

9:50 am

Soothing Investors: The Impact of Manager Communication on Mutual Fund Flows

Ahmed Guecioueur, University of Washington

Discussant:
Paola Sapienza, Stanford University and NBER

10:40 am

Break

11:10 am

CEO Social Preferences and Layoffs

Marius Guenzel, University of Pennsylvania
Clint T. Hamilton, University of California, Berkeley
Ulrike Malmendier, University of California, Berkeley and NBER

Discussant:
Morten Sorensen, Dartmouth College and NBER

12:00 pm

Lunch

1:00 pm

Understanding Rationality and Disagreement in House Price Expectations

Zigang Li, University of Toronto
Stijn Van Nieuwerburgh, Columbia University and NBER
Wang Renxuan, CEIBS

Discussant:
Theresa Kuchler, New York University and NBER

1:50 pm

Daily Momentum and New Investors in an Emerging Stock Market (slides)

Zhenyu Gao, Chinese University of Hong Kong
Wenxi Jiang, Chinese University of Hong Kong
Wei A. Xiong, Shenzhen Stock Exchange
Wei Xiong, Princeton University and NBER

Discussant:
Terrance T. Odean, University of California at Berkeley

2:40 pm

Break

3:10 pm

The Cryptocurrency Elephant in the Room

Ran Duchin, Boston College
David H. Solomon, Boston College
Jun Tu, Singapore Management University
Xi Wang, Peking University

Discussant:
Nicola Borri, LUISS

4:00 pm

Adjourn