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NATIONAL
BUREAU OF ECONOMIC RESEARCH, INC. |
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SUMMER
INSTITUTE 2009 |
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Asset
Pricing Workshop |
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Stavros
Panageas and Monika Piazzesi, Organizers |
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Royal Sonesta Hotel |
Ballroom A |
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July
9 and 10, 2009 |
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PROGRAM |
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THURSDAY JULY 9: |
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12:00 n |
Lunch |
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1:00 pm |
JASON
BEELER, |
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JOHN Y.
CAMPBELL, |
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The
Long-Run Risks Model and Aggregate Asset Prices: An Empirical Assessment |
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Discussant:
RAVI BANSAL, |
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2:00 pm |
EFRAIM
BENMELECH, |
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EUGENE
KANDEL, |
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PIETRO
VERONESI, |
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Discussant:
THOMAS PHILIPPON, |
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3:00 pm |
Break |
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3:30 pm |
DAEHEE
JEONG, HWAGYUN KIM, and JOON Y. PARK, |
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Does
Ambiguity Matter? Estimating Asset Pricing Models with a Multiple-Priors
Recursive Utility |
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Discussant:
MARTIN SCHNEIDER, |
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4:30 pm |
ALEXANDER
W. BUTLER and JESS CORNAGGIA, |
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GUSTAVO
GRULLON and JAMES P. WESTON, |
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Corporate Financing Decisions and
Managerial Market Timing |
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Discussant:
JEFF WURGLER, |
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5:30 pm |
Adjourn |
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6:00 pm |
Group
Dinner, Restaurant Dante, Royal Sonesta Hotel |
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FRIDAY JULY 10: |
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8:15 am |
Coffee
and Pastries |
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8:45 am |
MIKE
GOLOSOV and GUIDO LORENZONI, MIT and NBER |
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ALEH
TSYVINSKI, |
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Decentralized Trading with Private
Information |
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Discussant:
NICOLAE GARLEANU, UC, Berkeley and NBER |
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9:45 am |
DAVID
BACKUS, |
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MIKHAIL
CHERNOV, |
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IAN
MARTIN, |
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Discussant:
MICHAEL BRANDT, |
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10:45 am |
Break |
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JOINT SESSION WITH THE
INTERNATIONAL FINANCE AND MACROECONOMICS GROUP AND THE MONETARY ECONOMICS
GROUP |
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11:00 am |
Discussion on the
Crisis |
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FREDERIC MISHKIN, |
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12:30 pm |
Lunch |
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1:30 pm |
NICK
ROUSSANOV, |
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Composition
of Wealth, Conditioning Information, and the Cross-section of Stock Returns
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Discussant:
JONATHAN LEWELLEN, |
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2:30 pm |
Break |
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3:00 pm |
LUBOS
PASTOR, |
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Discussant:
MATT RICHARDSON, |
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4:00 pm |
Adjourn |
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THE INAUGURAL MARTIN FELDSTEIN LECTURE |
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4:30 pm |
JOHN B.
TAYLOR, |
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Empirically
Evaluating Economic Policy in Real Time |
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6:00 pm |
Adjourn |
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6/26/09 |
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