SI 2018 Asset Pricing

Urban Jermann and Jessica Wachter, Organizers

July 12-13, 2018


Ballroom A

Royal Sonesta Hotel, 40 Edwin H. Land Blvd., Cambridge, MA

Conference Code of Conduct

Wednesday, July 11
6:00 pm
Clambake at the Royal Sonesta Hotel
Thursday, July 12
8:00 am
Coffee and Pastries
8:30 am

The Lost Capital Asset Pricing Model (slides)
Discussant: Kenneth R. French, Dartmouth College and NBER
9:30 am

Text Selection
Discussant: Paul Tetlock, Columbia University
10:30 am
Break
11:00 am

The Economics of Factor Timing
Discussant: John Y. Campbell, Harvard University and NBER
12:00 pm
Lunch
1:00 pm

Long Run Growth of Financial Data Technology
Discussant: Vincent Glode, University of Pennsylvania
2:00 pm

An Equilibrium Valuation of Bitcoin and Decentralized Network Assets
Discussant: Michael Sockin, University of Texas at Austin
3:00 pm
Break
3:15 pm

OTC Intermediaries
Discussant: Darrell Duffie, Stanford University and NBER
4:15 pm
Adjourn
Friday, July 13
8:00 am
Coffee and Pastries
8:30 am

Market Power and Price Informativeness
Discussant: Martin C. Schmalz, University of Oxford
9:30 am

Restrictions on Asset-Price Movements Under Rational Expectations: Theory and Evidence
Discussant: Jaroslav Borovička, New York University and NBER
10:30 am
Break
11:00 am

Asset Pricing with Return Extrapolation
Discussant: Lars A. Lochstoer, University of California, Los Angeles and NBER
12:00 pm
Lunch
1:00 pm

Heterogeneity and Asset Prices: A Different Approach
Discussant: Lawrence D.W. Schmidt, Massachusetts Institute of Technology
2:00 pm

Decomposing Firm Value
Discussant: Toni Whited, University of Michigan and NBER
3:00 pm
Break
3:15 pm

Term Structures of Credit Spreads with Dynamic Debt Issuance and Incomplete Information
Discussant: Gregory Duffee, Johns Hopkins University
4:15 pm
Adjourn