
	Monday, July 10
12:00 pm	Lunch
1:00 pm	Is Physical Climate Risk Priced? Evidence from Regional Variation in Exposure to Heat Stress Viral V. Acharya, New York University and NBER Timothy Johnson, University of Illinois at Urbana-Champaign Suresh Sundaresan, Columbia University Tuomas Tomunen, Boston College Discussant: Marcin Kacperczyk, Imperial College London
1:50 pm	Reducing Carbon using Regulatory and Financial Market Tools Franklin Allen, Imperial College London Adelina Barbalau, University of Alberta Federica Zeni, World Bank Discussant: Derek Lemoine, University of Arizona and NBER
2:40 pm	Break
2:55 pm	Corporate Tax Avoidance, Firm Size, and Capital Misallocation Brent Glover, Carnegie Mellon University Oliver J. Levine, University of Wisconsin Discussant: Michael Faulkender, University of Maryland
3:45 pm	Process Intangibles and Agency Conflicts Hui Chen, Massachusetts Institute of Technology and NBER Ali Kakhbod, University of California, Berkeley Maziar Kazemi, Arizona State University Hao Xing, Boston University Discussant: Mindy Z. Xiaolan, University of Texas at Austin
4:35 pm	Adjourn
	Tuesday, July 11
12:00 pm	Lunch
1:00 pm	The Informational Centrality of Banks Nathan Foley-Fisher, Federal Reserve Board Gary B. Gorton, Yale University and NBER Stéphane Verani, Federal Reserve Board Discussant: Skander Van Den Heuvel, Federal Reserve Board
1:50 pm	Evergreening Miguel Faria-e-Castro, Federal Reserve Bank of St. Louis Pascal Paul, Federal Reserve Bank of San Francisco Juan M. Sanchez, Federal Reserve Bank of St. Louis Discussant: Camelia Minoiu, Federal Reserve Bank of Atlanta
2:40 pm	Break
2:55 pm	Investment When New Capital is Hard to Find Olivier Darmouni, Columbia University Andrew Sutherland, Massachusetts Institute of Technology Discussant: Adriano A. Rampini, Duke University and NBER
3:45 pm	Adjourn
	Wednesday, July 12
12:00 pm	Lunch
1:00 pm	Discount Rates, Labor Market Dynamics, and Income Risk Maarten Meeuwis, Washington University in St. Louis Dimitris Papanikolaou, Northwestern University and NBER Jonathan L. Rothbaum, U.S. Census Bureau Lawrence Schmidt, Massachusetts Institute of Technology Discussant: John Y. Campbell, Harvard University and NBER
1:50 pm	Firm Financial Conditions and the Transmission of Monetary Policy (slides) Thiago R. T. Ferreira, Federal Reserve Board Daniel A. Ostry, Bank of England John H. Rogers, Fudan University Discussant: Thomas Winberry, University of Pennsylvania and NBER
2:40 pm	Break
2:55 pm	Preparing for the Storm: Firm Policies and Time-varying Recession Risk Ali Kakhbod, University of California, Berkeley Dmitry Livdan, University of California, Berkeley Anders M. Reppen, Boston University Tarik Umar, Rice University Discussant: Toni Whited, University of Michigan and NBER
3:45 pm	Asset Pricing and Risk Sharing Implications of Alternative Pension Plan Systems Nuno Coimbra, Banque de France Francisco Gomes, London Business School Alexander Michaelides, Imperial College London Jialu Shen, University of Missouri Discussant: Stephen P. Zeldes, Columbia University and NBER
4:35 pm	Adjourn

Participants

Viral V. Acharya, New York University and NBER
Manuel Adelino, Duke University and NBER
Adelina Barbalau, University of Alberta
Susanto Basu, Boston College and NBER
Santiago Bazdresch, Bank of Mexico
Juliane Begenau, Stanford University and NBER
Luca Benzoni, Federal Reserve Bank of Chicago
John Y. Campbell, Harvard University and NBER
David Chapman, University of Virginia
Nuno Coimbra, Banque de France
Nicolas Crouzet, Northwestern University
Olivier Darmouni, Columbia University
Joseph Davis, The Vanguard Group
Winston Wei Dou, University of Pennsylvania and NBER
Eduardo Dávila, Yale University and NBER
Janice C. Eberly, Northwestern University and NBER
Andrea L. Eisfeldt, University of California, Los Angeles and NBER
Antonio Falato, Federal Reserve Board
Miguel Faria-e-Castro, Federal Reserve Bank of St. Louis
Michael Faulkender, University of Maryland
Thiago R. T. Ferreira, Federal Reserve Board
Nathan Foley-Fisher, Federal Reserve Board
Brent Glover, Carnegie Mellon University
Francisco Gomes, London Business School
João F. Gomes, University of Pennsylvania
Gary B. Gorton, Yale University and NBER
Dirk Hackbarth, Boston University
Joseph G. Haubrich, Federal Reserve Bank of Cleveland
Kazuhiro Hiraki, Bank of Japan
Burton Hollifield, Carnegie Mellon University
Kilian Huber, University of Chicago and NBER
Urban Jermann, University of Pennsylvania and NBER
Timothy Johnson, University of Illinois at Urbana-Champaign
Marcin Kacperczyk, Imperial College London
Ali Kakhbod, University of California, Berkeley
Ṣebnem Kalemli-Özcan, Brown University and NBER
Maziar Kazemi, Arizona State University
Leonid Kogan, Massachusetts Institute of Technology and NBER
Arvind Krishnamurthy, Stanford University and NBER
Derek Lemoine, University of Arizona and NBER
Oliver J. Levine, University of Wisconsin
Dmitry Livdan, University of California, Berkeley
Robert L. McDonald, Northwestern University and NBER

Maarten Meeuwis, Washington University in St. Louis
Alexander Michaelides, Imperial College London
Camelia Minoiu, Federal Reserve Bank of Atlanta
John A. Mondragon, Federal Reserve Bank of San Francisco
Daniel A. Ostry, Bank of England
Dimitris Papanikolaou, Northwestern University and NBER
Jonathan A. Parker, Massachusetts Institute of Technology and NBER
Pascal Paul, Federal Reserve Bank of San Francisco
Carolin Pflueger, University of Chicago and NBER
Thomas Philippon, New York University and NBER
Matthew Pritsker, Federal Reserve Bank of Boston
Vincenzo Quadrini, University of Southern California and NBER
Adriano A. Rampini, Duke University and NBER
Anders M. Reppen, Boston University
John H. Rogers, Fudan University
Nikolai Roussanov, University of Pennsylvania and NBER
Jumana N. Saleheen, Vanguard
Lukas Schmid, University of Southern California
Lawrence D.W. Schmidt, Massachusetts Institute of Technology
Bryan Seegmiller, Northwestern University
Jialu Shen, University of Missouri
Michael Siemer, Federal Reserve Board
Chester S. Spatt, Carnegie Mellon University and NBER
Andrew Sutherland, Massachusetts Institute of Technology
Siang Meng Tan, Monetary Authority of Singapore
Tuomas Tomunen, Boston College
Tarik Umar, Rice University
Skander Van Den Heuvel, Federal Reserve Board
Stéphane Verani, Federal Reserve Board
Emil Verner, Massachusetts Institute of Technology and NBER
Annette Vissing-Jorgensen, Federal Reserve Board and NBER
S. Vish Viswanathan, Duke University and NBER
Qian Wang, Vanguard
Toni Whited, University of Michigan and NBER
Thomas Winberry, University of Pennsylvania and NBER
Mindy Z. Xiaolan, University of Texas at Austin
Hao Xing, Boston University
Wei Xiong, Princeton University and NBER
Bernard Yeung, National University of Singapore
Motohiro Yogo, Princeton University and NBER
Stephen P. Zeldes, Columbia University and NBER
Federica Zeni, World Bank