SI 2023 International Asset Pricing
Organized by Karen K. Lewis and Adrien Verdelhan
July 10, 2023
Royal Sonesta Hotel, 40 Edwin H. Land Blvd., Cambridge, MA and zoom.us
Monday, July 10
9:00 am
Coffee and Pastries
9:45 am

The Geography of Capital Allocation in the Euro Area

Roland Beck, European Central Bank
Antonio Coppola, Stanford University
Angus J. Lewis, Stanford University
Matteo Maggiori, Stanford University and NBER
Martin Schmitz, European Central Bank
Jesse Schreger, Columbia University and NBER

Discussant:
Ester Faia, Goethe University Frankfurt
10:25 am

Risk-Free Rates and Convenience Yields Around the World

William F. Diamond, University of Wisconsin - Madison
Peter Van Tassel, Federal Reserve Bank of New York

Discussant:
Arvind Krishnamurthy, Stanford University and NBER
11:05 am
Break
11:20 am

US Public Debt and Safe Asset Market Power

Jason Choi, University of Toronto
Rishabh Kirpalani, University of Wisconsin - Madison
Diego J. Perez, New York University and NBER

Discussant:
Matteo Maggiori, Stanford University and NBER
12:00 pm
Lunch
1:00 pm

Dollar Asset Holding and Hedging Around the Globe

Wenxin Du, Harvard University and NBER
Amy W. Huber, University of Pennsylvania

Discussant:
Motohiro Yogo, Princeton University and NBER
1:40 pm

Asset Prices, Global Portfolios, and the International Financial System

Maxime Sauzet, Boston University
2:00 pm
Break
2:10 pm

U.S. Risk and Treasury Convenience (slides)

Giancarlo Corsetti, European University Institute
Simon P. Lloyd, Bank of England
Emile A. Marin, University of California, Davis
Daniel A. Ostry, Bank of England
2:30 pm
Break
2:40 pm

Following the Fed: Limits of Arbitrage and the Dollar

Nikolai Roussanov, University of Pennsylvania and NBER
Xiaoliang Wang, Hong Kong University of Science and Technology (HKUST)
3:00 pm
Break
3:10 pm

Long-Horizon Exchange Rate Expectations

Lukas Kremens, University of Washington
Ian Martin, London School of Economics and Political Science (LSE)
Liliana Varela, London School of Economics and Political Science (LSE)
3:30 pm
Break
3:40 pm

Export Risk and Currency Returns

Craig Brown, Purdue University
4:00 pm
Adjourn