2021 PROGRAM - ONLINE (EST)

 

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SUNDAY, MAY 2, 2021


8:45-9:00 - INTRODUCTION

 

9:00-10:00 - Fiscal Policies & Asset Pricing

Government Debt and Risk Premia
Yang Liu (U Hong Kong)
Discussant: Rosen Valchev, Boston C

Convenience Yields in the Eurozone Currency Union
Zhengyang Jiang (Northwestern U)
Hanno Lustig (Stanford U)
Stijn Van Nieuwerburgh (Columbia U)
Mindy Xiaolan (UT Austin)
Discussant: Patrick Augustin, McGill U

10:00-10:30 - BREAK

10:30-11:30 - Dynamics of Equity Returns

Searching for the Equity Premium
Hang Bai (U Connecticut)
Lu Zhang (Ohio State U)
Discussant: Kai Li, HKUST

Counterparty Risk: Implications for Network Linkages and Asset Prices
Fotis Grigoris (Indiana U)
Yunzhi Hu (U North Carolina)
Gill Segal (U North Carolina)
Discussant: Thummim Cho, LSE


MONDAY, MAY 3, 2021


9:00-10:00 - Currency Risks & Management

Pricing Currency Risks
Mikhail Chernov (UCLA)
Magnus Dahlquist (SSE)
Lars Lochstoer (UCLA)
Discussant: Lukas Kremens, U Washington

Currency Management by International Fixed Income Mutual Funds
Clemens Sialm (UT Austin)
Qifei Zhu (Nanyang Tech)
Discussant: Matti Suominen, Aalto U

10:00-10:30 - BREAK

10:30-11:30 - Portfolio Reallocation

Labor Mobility and Capital Misallocation in the Mutual Fund Industry
Maxime Bonelli (PhD student, HEC-Paris)
Discussant: Marcin Kacperczyk, Imperial C

Benchmarking Intensity
Anna Pavlova (LBS)
Taisiya Sikorskaya (LBS)
Discussant: Richard Evans, U Virginia

11:30-12:00 - BREAK

12:00-13:00 - Informed Trading

The Pre-FOMC Announcement Drift and Private Information: Kyle Meets Macro-Finance
Chao Ying (PhD student, U Minnesota)
Discussant: Xiaoxiao Tang, UT Dallas

Information Chasing versus Adverse Selection in Over-the-Counter Markets
Gabor Pinter (Bank of England)
Chaojun Wang (U Pennsylvania)
Junyuan Zou (INSEAD)
Discussant: Norman Schurhoff, U Lausanne

13:00-13:30 - ADJOURN