Schedule

Incompleteness Shocks
*Eduardo Dávila, NYU Leonard N. Stern School of Business
Thomas Philippon, NYU Leonard N. Stern School of Business

Discussant:  Fernando Alvarez (University of Chicago)

Stock Market Returns and Consumption
*Marco Di Maggio, Harvard Business School
Amir Kermani, UC Berkeley
Kaveh Majlesi, Lund University

Discussant: Luigi Pistaferri (Stanford)

Front Page News: The Effect of News Positioning on Financial Markets
Anastassia Fedyk, University of California Berkely

Discussant: Brad Barber (UC Davis)

LUNCH (220 Lounge)

Poster Session (220 lounge)
The conference will feature a poster session of graduate students from around the U.S. presenting their recent research pertaining to asset pricing and substantive applications.

• Fernando Mendo
  PhD candidate in economics, Job Market Candidate
  Princeton University
  Paper title: Risk to Control Risk

• Roxana Mihet
  PhD candidate in economics
  New York University
  Paper title: Are New Information Technologies Making the Rich Richer?

• Jincheng Tong
  PhD candidate in finance, Job Market Candidate
  University of Minnesota
  Paper title: A Dynamic Agency Based Asset Pricing Model with Production

• Christian Wolf
  PhD candidate in economics
  Princeton University
  Paper title: Investment Stimulus: From Micro Elasticities to Macro Counterfactuals

Shale Shocked: The Long Run Effect of Income on Household Debt
Erik Gilje, University of Pennsylvania, Wharton

Discussant: John Campbell (Harvard)

Higher-Moment Risk
Niels Joachim Gormsen, University of Chicago Booth School of Business
*Christian Skov Jensen, Bocconi University

Discussant: John Heaton (Chicago Booth)

Dinner at Blackbird
619 West Randolph
Chicago, Illinois 60661

Discount Rates, Debt Maturity, and the Fiscal Theory
Alexandre Corhay, University of Toronto
*Howard Kung, London Business School
Gonzalo Morales, University of Alberta

Discussant: Lars Hansen (University of Chicago)

Disaster on the Horizon: The Price Effect of Sea Level Rise
Asaf Bernstein, University of Colorado, Boulder
Matthew Gustafson, Pennsylvania State University, Smeal College of Business
*Ryan Lewis, University of Colorado, Boulder

Discussant: Stefano Giglio (Yale)

BREAK

The Aggregate Demand for Bank Capital
Milton Harris, University of Chicago
*Christian C. Opp, University of Pennsylvania, The Wharton School
Marcus Opp, Stockholm School of Economics

Discussant: Guido Lorenzoni (Northwestern)