Asset Pricing Program Meeting

Arvind Krishnamurthy and Monika Piazzesi, Organizers

April 8, 2022

Chicago and on Zoom

Conference Code of Conduct

Friday, April 8
Format: 20 minutes for authors, 20 minutes for discussants and 20 minutes for Q&A
8:30 am
Continental Breakfast
9:00 am
Mikhail Chernov, University of California, Los Angeles and NBER
Lars A. Lochstoer, University of California, Los Angeles and NBER
Dongho Song, Johns Hopkins University

The Real Channel for Nominal Bond-Stock Puzzles
Discussant: Pietro Veronesi, University of Chicago and NBER
10:00 am
10:15 am
Lubos Pastor, University of Chicago and NBER
Robert F. Stambaugh, University of Pennsylvania and NBER
Lucian A. Taylor, University of Pennsylvania

Dissecting Green Returns
Discussant: Stefano Giglio, Yale University and NBER
11:15 am
11:30 am
Panel: Investor Psychology
Chair: George Loewenstein, Carnegie Mellon University
Alex Imas, University of Chicago and NBER
Nicholas Barberis, Yale University and NBER
Colin Camerer, California Institute of Technology
12:30 pm
Lunch - King Arthur Court, 3rd floor
1:30 pm
Mark L. Egan, Harvard University and NBER
Alexander MacKay, Harvard University
Hanbin Yang, Harvard University

What Drives Variation in Investor Portfolios? Evidence from Retirement Plans
Discussant: Motohiro Yogo, Princeton University and NBER
2:30 pm
2:45 pm
Svetlana Bryzgalova, London Business School
Anna Pavlova, London Business School
Taisiya Sikorskaya, London Business School

Retail Trading in Options and the Rise of the Big Three Wholesalers
Discussant: Chester S. Spatt, Carnegie Mellon University and NBER
3:45 pm
4:00 pm
Niels Joachim Gormsen, University of Chicago and NBER
Kilian Huber, University of Chicago and NBER

Discount Rates: Measurement and Implications for Investment
Discussant: Janice C. Eberly, Northwestern University and NBER
5:00 pm