Asset Pricing Program Meeting

Janice C. Eberly and Konstantin Milbradt, Organizers

April 12, 2019

Gleacher Center, Room 200, 450 North Cityfront Plaza Drive, Chicago, IL 60611

Conference Code of Conduct

Friday, April 12
8:00 am
Continental Breakfast
8:30 am
Lubos Pastor, University of Chicago and NBER
Pietro Veronesi, University of Chicago and NBER

Inequality Aversion, Populism, and the Backlash against Globalization
Discussant: Alp Simsek, Yale University and NBER
9:30 am
Break
9:45 am
Robin Greenwood, Harvard University and NBER
Annette Vissing-Jorgensen, Federal Reserve Board and NBER

The Impact of Pensions and Insurance on Global Yield Curves
Discussant: Motohiro Yogo, Princeton University and NBER
10:45 am
Break
11:00 am
Grace Xing Hu, University of Hong Kong
Jun Pan, Shanghai Jiao Tong University
Jiang Wang, Massachusetts Institute of Technology and NBER
Haoxiang Zhu, Massachusetts Institute of Technology and NBER

Premium for Heightened Uncertainty: Solving the FOMC Puzzle
Discussant: Jessica Wachter, University of Pennsylvania and NBER
12:00 pm
Lunch- Executive Dining Room 621
1:00 pm
Ian Dew-Becker, Northwestern University and NBER
Stefano Giglio, Yale University and NBER
Bryan T. Kelly, Yale University and NBER

Hedging Macroeconomic and Financial Volatility and Uncertainty
Discussant: Nina Boyarchenko, Federal Reserve Bank of New York
2:00 pm
Break
2:15 pm
Robert Novy-Marx, University of Rochester and NBER
Mihail Z. Velikov, Pennsylvania State University

Betting Against Betting Against Beta
Discussant: Robert F. Stambaugh, University of Pennsylvania and NBER
3:15 pm
Sung Je Byun, Federal Reserve Bank of Dallas
Lawrence Schmidt, Massachusetts Institute of Technology

Real Risk or Paper Risk? Mis-measured Factors, Granular Measurement Errors, and Empirical Asset Pricing Tests
Discussant: Ralph S. J. Koijen, University of Chicago and NBER
4:15 pm
Adjourn
6:00 pm
Reception and Dinner at Gleacher Center, Executive Dining Room 621