SI 2023 Asset Pricing

Ralph S. J. Koijen and Sydney C. Ludvigson, Organizers

July 13-14, 2023

Ballroom A

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

Conference Code of Conduct

Thursday, July 13
8:00 am
Coffee and Pastries
AP Joint Session with Macro, Money and Financial Frictions
8:30 am

Payments, Reserves, and Financial Fragility
Discussant: Yiming Ma, Columbia University and NBER
9:30 am
Break
9:45 am

A Theory of Payment-Chain Crises
Discussant: Jonathan Payne, Princeton University
10:45 am
Break
11:00 am

The Market for Inflation Risk
Discussant: Carolin Pflueger, University of Chicago and NBER
12:00 pm
Lunch
1:00 pm

Counterproductive Sustainable Investing: The Impact Elasticity of Brown and Green Firms
Discussant: Niels Joachim Gormsen, University of Chicago and NBER
2:00 pm
Break
2:15 pm

Risk Preferences Implied By Synthetic Options
Discussant: Itamar Drechsler, University of Pennsylvania and NBER
3:15 pm
Break
3:30 pm

The Rise of Alternatives
Discussant: Yueran Ma, University of Chicago and NBER
4:30 pm
Adjourn
Friday, July 14
8:00 am
Coffee and Pastries
8:30 am

Simple Allocation Rules and Optimal Portfolio Choice Over the Lifecycle
Discussant: David Laibson, Harvard University and NBER
9:30 am
Break
9:45 am

Perceptions about Monetary Policy
Discussant: Ricardo Reis, London School of Economics and Political Science (LSE)
10:45 am
Break
Lightning Round
11:00 am

Anomalies and Their Short-Sale Costs

Corporate Bond Multipliers: Substitutes Matter

The Implied Equity Premium
12:00 pm
Lunch
1:00 pm

The Factor Multiverse: The Role of Interest Rates in Factor Discovery
Discussant: Bryan T. Kelly, Yale University and NBER
2:00 pm
Break
2:15 pm

Are Cryptos Different? Evidence from Retail Trading
Discussant: Marco Di Maggio, Imperial College London
3:15 pm
Break
3:30 pm

Debt and Deficits: Fiscal Analysis with Stationary Ratios
Discussant: Hanno Lustig, Stanford University and NBER
4:30 pm
Adjourn