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{size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-title-page:yes; mso-paper-source:0;} div.WordSection1 {page:WordSection1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman",serif;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="7169"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=WordSection1> <p class=MsoHeader style='text-align:justify'><b style='mso-bidi-font-weight: normal'><u><span style='font-family:"Arial",sans-serif'>Asset Participant List<o:p></o:p></span></u></b></p> <p class=MsoNormal><o:p>&nbsp;</o:p></p> <p class=MsoNormal><o:p>&nbsp;</o:p></p> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=593 style='width:444.6pt;margin-left:30.6pt;border-collapse:collapse;mso-yfti-tbllook: 1184;mso-padding-alt:0in 5.4pt 0in 5.4pt'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Angie</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Andrikogiannopoulou<o:p></o:p></span></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>London School of Economics<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:1;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Markus</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Baldauf</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of British Columbia</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:2;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Nicholas</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Barberis<o:p></o:p></span></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Yale University</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER<o:p></o:p></span></span></p> </td> </tr> <tr style='mso-yfti-irow:3;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Jean-Noel Barrot<o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Massachusetts Institute of Technology<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:4;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Luca</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Benzoni</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Federal Reserve Bank of Chicago</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:5;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Nina</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Boyarchenko</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Federal Reserve Bank of New York</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:6;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Svetlana</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Bryzgalova</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Stanford University</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:7;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Andrea</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Buffa</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Boston University</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:8;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Bruce Carlin<o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of California at Los Angeles</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER<o:p></o:p></span></span></p> </td> </tr> <tr style='mso-yfti-irow:9;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Alexander</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Chinco</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Illinois at Urbana-Champaign</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:10;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Anna</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Cieslak</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Duke University</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:11;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>George</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Constantinides</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Chicago</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:12;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Ian</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Dew-Becker</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Northwestern University</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:13;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Kent Daniel<o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Columbia University and NBER<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:14;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Francis</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Diebold</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Pennsylvania</span><span style='font-size: 11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:15;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Peter</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Diep</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>AQR</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:16;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Andres</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Donangelo</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Texas at Austin</span><span style='font-size: 11.0pt;font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:17;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Itamar</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Drechsler</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>New York University</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:18;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Andrea</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Eisfeldt</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of California at Los Angeles</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:19;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Xavier</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Gabaix</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Harvard University</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:20;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Pengjie Gao<o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Notre Dame<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:21;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Lorenzo</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Garlappi</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of British Columbia</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:22;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>François</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Gourio</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Federal Reserve Bank of Chicago</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:23;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Valentin</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Haddad</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of California at Los Angeles</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:24;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Barney</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Hartman-Glaser<o:p></o:p></span></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of California at Los Angeles<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:25;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Samuel Hartzmark<o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Chicago<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:26;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Ravi</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Jagannathan</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Northwestern University</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:27;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Lawrence Jin<o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>California Institute of Technology<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:28;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Ron</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Kaniel</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Rochester</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:29;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Bryan</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Kelly</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Chicago</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:30;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Ralph</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Koijen</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>New York University</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:31;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Serhiy</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Kozak</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Michigan</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:32;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Arvind</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Krishnamurthy</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Stanford University</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:33;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Albert S. &quot;Pete&quot;</span><span style='font-size: 11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Kyle</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Maryland</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:34;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Jonathan</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Lewellen</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Dartmouth College</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:35;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Lars</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Lochstoer</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of California at Los Angeles</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:36;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Sydney</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Ludvigson</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>New York University</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:37;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Andrey</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Malenko</span></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Massachusetts Institute of Technology</span></p> </td> </tr> <tr style='mso-yfti-irow:38;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Konstantin</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Milbradt</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Northwestern University</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:39;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Indrajit</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Mitra</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Michigan</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:40;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Alan</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Moreira</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Yale University</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:41;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Tobias</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Moskowitz</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Chicago</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:42;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Stefan</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Nagel</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Michigan</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:43;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Marina</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Niessner</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Yale University</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:44;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Robert</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Novy-Marx</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Rochester</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:45;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Berardino</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Palazzo</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Boston University</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:46;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Christopher</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Palmer</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of California at Berkeley</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:47;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Dimitris</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Papanikolaou</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Northwestern University</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:48;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Lubos</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Pastor</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Chicago</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:49;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Anton</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Petukhov</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Massachusetts Institute of Technology</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:50;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Carolin</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Pflueger</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of British Columbia</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:51;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Tomasz</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Piskorski</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Columbia University</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:52;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Matthew</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Plosser</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Federal Reserve Bank of New York</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:53;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Hélène</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Rey</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>London Business School</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:54;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Simon Rottke<o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Muenster<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:55;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Tano</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Santos</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Columbia University</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:56;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Alexi</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Savov</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>New York University</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:57;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Lukas</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Schmid<o:p></o:p></span></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Duke University<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:58;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Lawrence</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Schmidt</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Chicago</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:59;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Berk Sensoy<o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Ohio State University<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:60;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Kelly</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Shue<o:p></o:p></span></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Chicago</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER<o:p></o:p></span></span></p> </td> </tr> <tr style='mso-yfti-irow:61;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Clemens</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Sialm</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Texas at Austin</span><span style='font-size: 11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:62;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Stephan Siegel<o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Washington<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:63;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Andrei Simonov<o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Michigan State University<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:64;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Eric So<o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Massachusetts Institute of Technology<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:65;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Michael</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Sockin</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Texas at Austin</span><span style='font-size: 11.0pt;font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:66;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>David Solomon<o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Southern California<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:67;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Robert</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Stambaugh</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Pennsylvania</span><span style='font-size: 11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:68;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Sheridan</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Titman<o:p></o:p></span></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Texas at Austin</span><span style='font-size: 11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER<o:p></o:p></span></span></p> </td> </tr> <tr style='mso-yfti-irow:69;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Viktor</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Todorov</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Northwestern University</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:70;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>S. Vish</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Viswanathan<o:p></o:p></span></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Duke University</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER<o:p></o:p></span></span></p> </td> </tr> <tr style='mso-yfti-irow:71;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Jiang</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Wang</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Massachusetts Institute of Technology</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:72;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Michael</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Weber</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Chicago</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:73;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Toni</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Whited<o:p></o:p></span></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Michigan</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER<o:p></o:p></span></span></p> </td> </tr> <tr style='mso-yfti-irow:74;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Ming</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Yang<o:p></o:p></span></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Duke University<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:75;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Amir</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Yaron</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Pennsylvania</span><span style='font-size: 11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:76;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Mao</span><span style='font-size:11.0pt;font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>Ye</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>University of Illinois</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:77;mso-yfti-lastrow:yes;height:.2in'> <td width=252 valign=top style='width:189.35pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Motohiro</span><span style='font-size:11.0pt;font-family: "Arial",sans-serif'> <span style='mso-no-proof:yes'>Yogo</span><o:p></o:p></span></p> </td> <td width=340 valign=top style='width:255.25pt;padding:0in 5.4pt 0in 5.4pt; height:.2in'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif; mso-no-proof:yes'>Princeton University</span><span style='font-size:11.0pt; font-family:"Arial",sans-serif'> <span style='mso-no-proof:yes'>and NBER</span><o:p></o:p></span></p> </td> </tr> </table> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial",sans-serif'><o:p>&nbsp;</o:p></span></p> </div> </body> </html>