SI 2024 Capital Markets and the Economy

Janice C. Eberly and Deborah J. Lucas, Organizers

July 8-10, 2024

University BC

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

Conference Code of Conduct

Monday, July 8
12:00 pm
Lunch
1:00 pm

Market-Based Finance and the Business Cycle
Discussant: Emil Verner, Massachusetts Institute of Technology and NBER
1:50 pm

Comparing Capital Allocation Efficiency in Public and Private Equity Markets
Discussant: René M. Stulz, The Ohio State University and NBER
2:40 pm
Break
2:55 pm

Intermediary Balance Sheet Constraints, Bond Mutual Funds’ Strategies, and Bond Returns
Discussant: Lira Mota, Massachusetts Institute of Technology
3:45 pm

Private Equity and Debt Contract Enforcement: Evidence from Covenant Violations
Discussant: Heitor Almeida, University of Illinois Urbana-Champaign and NBER
4:35 pm
Adjourn
Tuesday, July 9
12:00 pm
Lunch
1:00 pm

Interest rate risk in banking
Discussant: Viral V. Acharya, New York University and NBER
1:50 pm

The Secular Decline of Bank Balance Sheet Lending
Discussant: Anil K Kashyap, University of Chicago and NBER
2:40 pm
Break
2:55 pm

Why Does the Yield Curve Predict GDP Growth? The Role of Banks
Discussant: Tyler Muir, University of California, Los Angeles and NBER
3:45 pm

The Heterogeneous Effects of Household Debt Relief
Discussant: Amit Seru, Stanford University and NBER
4:35 pm
Adjourn
Wednesday, July 10
12:00 pm
Lunch
1:00 pm

Corrective Regulation with Imperfect Instruments
Discussant: Narayana R. Kocherlakota, University of Rochester and NBER
1:50 pm

K Wasn't Built in a Day: Investment with Endogenous Time to Build
Discussant: Robert L. McDonald, Northwestern University and NBER
2:40 pm
Break
2:55 pm

Bank Competition and Strategic Adaptation to Climate Change
Discussant: Teng Wang, Federal Reserve Board of Governors
3:45 pm

Understanding the Pricing of Carbon Emissions: New Evidence from the Stock Market
Discussant: Kent D. Daniel, Columbia University and NBER
4:35 pm
Adjourn