March 14-15, 2014

Friday, March 14, 2014

11.45-12.45pm Lunch at the Thomas Center

1.00-2.50pm Session I RJR Classroom, Fuqua School of Business

Chair: Pab Jotikasthira (UNC)

Hanno Lustig (UCLA), Andreas Stathopoulos (USC), Adrien Verdelhan (MIT): The Term Structure of Currency Carry Trade Risk Premia

Discussant: Riccardo Colacito (UNC)

John Campbell (Harvard University), Carolin Pflueger (University of British Columbia), Luis Viceira (Harvard University): Monetary Policy Drivers of Bond and Equity Risks

Discussant: Greg Duffee (Johns Hopkins University)

3.10-5.00pm Session II RJR Classroom, Fuqua School of Business

Chair: Ian Dew-Becker (Duke University)

Gian Luca Clementi (New York University), Berardino Palazzo (Boston University): Investment and the Cross-Section of Equity Returns

Discussant: Joao Gomes (University of Pennsylvania)

William Fuchs (UC Berkeley), Brett Green (UC Berkeley), Dimitris Papanikolaou (Northwestern University): Adverse Selection, Slow Moving Capital and Misallocation

Discussant: Zhiguo He (University of Chicago)

5.15-6.15pm Keynote Lecture

Lars Hansen (University of Chicago)

6.30pm Drinks and Dinner at the Washington Duke Hotel


Saturday, March 15, 2014

8.30-9.25am Session III RJR Classroom, Fuqua School of Business

Chair: Jacob Sagi (UNC)

Lubos Pastor (University of Chicago), Robert Stambaugh (University of Pennsylvania), Luke Taylor (University of Chicago): Scale and Skill in Active Management

Discussant: Ravi Jagannathan (Northwestern University)

9.40-11.30 Session IV RJR Classroom, Fuqua School of Business

Chair: Dimitris Papanikolaou (Northwestern University)

Leonid Kogan (MIT), Indrajit Mitra (MIT): Accuracy Verification for Numerical Solutions of Equilibrium Models

Discussant: Tony Smith (Yale University)

Martin Kliem (Deutsche Bundesbank), Harald Uhlig (University of Chicago): Bayesian estimation of a DSGE model with asset prices

Discussant: Andrea Tamoni (London School of Economics)

11.30-12.40pm Lunch at the Fox Center, Fuqua School of Business

12.40-2.30pm Session V RJR Classroom, Fuqua School of Business

Chair: Ivan Shaliastovich (University of Pennsylvania)

Ke Tang (Renmin University), Haoxiang Zhu (MIT): Commodities as Collateral

Discussant: Chester Spatt (Carnegie Mellon University)

Brian Kelly (University of Chicago), Lubos Pastor (University of Chicago), Pietro Veronesi (University of Chicago): The Price of Political Uncertainty: Theory and Evidence from the Option Market

Discussant: Hui Chen (MIT)