SI 2019 Asset Pricing

Sydney C. Ludvigson and Thomas Philippon, Organizers

July 11-12, 2019

Ballroom A

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

Conference Code of Conduct

Wednesday, July 10
6:00 pm
Dinner at Hotel Marlowe (Muse Salon)
(across the street from the Royal Sonesta Hotel)
Thursday, July 11
8:00 am
Coffee and Pastries
Morning session will be joint with Macro, Money and Financial Frictions
8:30 am

Pledgeability and Asset Prices: Evidence from the Chinese Corporate Bond Markets
Discussant: Tao Zha, Emory University and NBER
9:30 am

Risk Free Interest Rates
Discussant: Annette Vissing-Jorgensen, Federal Reserve Board of Governors and NBER
10:30 am
Break
11:00 am

The Short Rate Disconnect in a Monetary Economy
Discussant: Michael Woodford, Columbia University and NBER
12:00 n
Lunch
1:00 pm

Belief Disagreement and Portfolio Choice
Discussant: Johannes Stroebel, New York University and NBER
2:00 pm

Sentiment and Speculation in a Market with Heterogeneous Beliefs (slides)
Discussant: Eben Lazarus, University of California, Berkeley
3:00 pm
Break
3:15 pm

Hedging Risk Factors
Discussant: Owen Lamont, Acadian Asset Management
4:15 pm
Adjourn
Friday, July 12
8:00 am
Coffee and Pastries
8:30 am

Fake News: Evidence from Financial Markets
Discussant: Kent D. Daniel, Columbia University and NBER
9:30 am

In Military We Trust: The Effect of Managers' Military Background on Mutual Fund Flows
Discussant: Stefano Giglio, Yale University and NBER
11:00 am

The Market Cost of Business Cycle Fluctuations
Discussant: Jaroslav Borovička, New York University and NBER
12:00 n
Lunch
1:00 pm

Low Inflation: High Default Risk AND High Equity Valuations
Discussant: Alessandra Peter, New York University and NBER
2:00 pm

Exchange Rate Exposure and Firm Dynamics
Discussant: Emil Verner, Massachusetts Institute of Technology and NBER
3:00 pm
Break
3:15 pm

The Cross-Section of Household Preferences
Discussant: Jessica Wachter, University of Pennsylvania and NBER
4:15 pm
Adjourn