Asset Pricing Program Meeting

Jules H. van Binsbergen and Dimitris Papanikolaou, Organizers

April 12, 2024

Format: 20 minutes for authors, 20 minutes for discussants, 20 minutes for Q&A

Conference Code of Conduct

Friday, April 12
Continental Breakfast
10:00 am
Michael Barnett, Arizona State University
William Brock, University of Wisconsin
Lars P. Hansen, University of Chicago and NBER
Hong Zhang, Argonne National Laboratory

How Should Climate Change Uncertainty Impact Social Valuation and Policy
Discussant: Stavros Panageas, University of California, Los Angeles and NBER
11:15 am
Politics and Financial Markets
Chair: Lubos Pastor, University of Chicago and NBER
John Cochrane, Stanford University and NBER
Harrison Hong, Columbia University and NBER
Elisabeth Kempf, Harvard University and NBER
Lunch - Room 621
1:30 pm
Massimo Dello Preite, Imperial College London
Raman Uppal, Edhec Business School
Paolo Zaffaroni, Imperial College London
Irina Zviadadze, HEC Paris

Cross-Sectional Asset Pricing with Unsystematic Risk
Discussant: Nicolae B. Gârleanu, Washington University in St. Louis and NBER
2:45 pm
Viral V. Acharya, New York University and NBER
Toomas Laarits, New York University

When do Treasuries Earn the Convenience Yield? --- A Hedging Perspective
Discussant: Arvind Krishnamurthy, Stanford University and NBER
4:00 pm
Stefan Nagel, University of Chicago and NBER
Zhengyang Xu, City University of Hong Kong

Movements in Yields, not the Equity Premium: Bernanke-Kuttner Redux
Discussant: Annette Vissing-Jorgensen, Federal Reserve Board and NBER
Reception and Dinner at the Gleacher Center, Room 621