Friday, April 14

6:00 pm

Keynote Speaker: Laura Veldkamp, Cooperman Professor of Finance and Economics, Columbia University, Graduate School of Business

Saturday, April 15

8:30 am

Continental Breakfast

9:00 am

Robust Portfolio Choice

Valentina Raponi, IESE
Raman Uppal, Edhec Business School
Paolo Zaffaroni, Imperial College London

Discussant:
Kent D. Daniel, Columbia University and NBER

9:50 am

Intermediary Balance Sheets and the Treasury Yield Curve

Wenxin Du, Harvard University and NBER
Benjamin M. Hébert, Stanford University and NBER
Wenhao Li, University of Southern California

Discussant:
Alan Moreira, University of Rochester and NBER

10:40 am

Break

11:10 am

Nonbank Fragility in Credit Markets: Evidence from a Two-Layer Asset Demand System

Kerry Y. Siani, Massachusetts Institute of Technology
Kairong Xiao, Columbia University and NBER
Olivier Darmouni, Columbia University

Discussant:
Motohiro Yogo, Princeton University and NBER

12:00 n

Lunch

1:00 pm

Correlated Demand Shocks and Asset Pricing

Byungwook Kim, University of California, Irvine

1:25 pm

Investor Betas

Lorenzo Bretscher, University of Lausanne
Ryan Lewis, University of Colorado at Boulder
Shrihari Santosh, University of Maryland

1:50 pm

Break

2:20 pm

Credit Market Equivalents and the Valuation of Private Firms

Niklas Huether, Indiana University
Lukas Schmid, University of Southern California
Roberto Steri, University of Luxembourg

Discussant:
Arthur Korteweg, University of Southern California

3:10 pm

Work From Home and the Office Real Estate Apocalypse

Arpit Gupta, New York University
Vrinda Mittal, University of North Carolina Chapel Hill
Stijn Van Nieuwerburgh, Columbia University and NBER

Discussant:
Jose Maria Barrero, Instituto Tecnológico Autónomo de México (ITAM)

4:00 pm

Adjourn