Asset Pricing Program Meeting

Andrea L. Eisfeldt and Stijn Van Nieuwerburgh, Organizers

April 10, 2020

zoom.us

on Zoom.us

Conference Code of Conduct

Friday, April 10
10:00 am
Opening comments
Focus Session: ESG and climate risk
10:10 am
Mathias Kruttli, Indiana University
Brigitte Roth Tran, Federal Reserve Bank of San Francisco
Sumudu W. Watugala, Indiana University

Pricing Poseidon: Extreme Weather Uncertainty and Firm Return Dynamics
Discussant: Andrea Vedolin, Boston University and NBER
11:05 am
Lubos Pastor, University of Chicago and NBER
Robert F. Stambaugh, University of Pennsylvania and NBER
Lucian A. Taylor, University of Pennsylvania

Sustainable Investing in Equilibrium (slides)
Discussant: Harrison Hong, Columbia University and NBER
12:00 pm
Itamar Drechsler, University of Pennsylvania and NBER
Alexi Savov, New York University and NBER
Philipp Schnabl, New York University and NBER

The Financial Origins of the Rise and Fall of American Inflation
Discussant: John H. Cochrane, Stanford University and NBER
1:00 pm
Panel discussion on "The implications of the corona virus for financial markets, financial stability, and economic growth"
Jeremy C. Stein, Harvard University and NBER, Moderator
Charles Himmelberg, chief markets economist and head of Global Markets Research at Goldman Sachs
Laurence Boone, Chief Economist of the OECD (slides)
Seth Carpenter. U.S. Chief Economist UBS
2:00 pm
Break
2:20 pm
Yang Liu, University of Hong Kong
Lukas Schmid, University of Southern California
Amir Yaron, University of Pennsylvania and NBER

The Risks of Safe Assets
Discussant: Arvind Krishnamurthy, Stanford University and NBER
3:15 pm
Anna Cieslak, Duke University and NBER
Hao Pang, Duke University

Common Shocks in Stocks and Bonds
Discussant: Monika Piazzesi, Stanford University and NBER
4:10 pm
Antonio Coppola, Stanford University
Matteo Maggiori, Stanford University and NBER
Brent Neiman, University of Chicago and NBER
Jesse Schreger, Columbia University and NBER

Redrawing the Map of Global Capital Flows: The Role of Cross-Border Financing and Tax Havens
Discussant: Gabriel Zucman, University of California, Berkeley and NBER
5:00 pm
Adjourn
Saturday, July 11
3:30 pm
Antonio Coppola, Stanford University
Matteo Maggiori, Stanford University and NBER
Brent Neiman, University of Chicago and NBER
Jesse Schreger, Columbia University and NBER

Redrawing the Map of Global Capital Flows: The Role of Cross-Border Financing and Tax Havens (slides)
Discussant: Pierre-Olivier Gourinchas, University of California, Berkeley and NBER (slides)
Thursday, October 22
11:30 am
Antonio Coppola, Stanford University
Matteo Maggiori, Stanford University and NBER
Brent Neiman, University of Chicago and NBER
Jesse Schreger, Columbia University and NBER

Redrawing the Map of Global Capital Flows: The Role of Cross-Border Financing and Tax Havens
Discussant: Francis E. Warnock, University of Virginia and NBER