NATIONAL BUREAU OF ECONOMIC
RESEARCH, INC. |
|
SUMMER INSTITUTE 2006 |
|
Asset Pricing Workshop |
|
|
|
Royal Sonesta Hotel |
|
|
|
July 13- 14, 2006 |
|
PROGRAM |
THURSDAY,
JULY 13: |
|
|
|
12:00 n |
Lunch |
|
|
1:00 pm |
DIRK KRUEGER, |
|
HANNO LUSTIG, UC, |
|
The Irrelevance of Market Incompleteness for the Price
of Aggregate Risk |
|
|
|
Discussant: DEBORAH LUCAS, Northwestern University and
NBER |
|
|
2:00 pm |
Break |
|
|
2:15 pm |
HONGJUN YAN, |
|
|
|
|
|
Discussant: KERRY BACK, |
|
|
3:15 pm |
Break |
|
|
3:30 pm |
VICTOR-ANGEL DEMIGUEL, |
|
LORENZO GARLAPPI, |
|
RAMAN UPPAL, |
|
|
|
|
|
Discussant: LUIS VICEIRA, |
|
|
4:30 pm |
Adjourn |
|
|
6:00 pm |
Group Dinner
- |
|
|
FRIDAY,
JULY 14: |
|
|
|
8:00 am |
Coffee and Pastries |
|
|
8:30 am |
ZHI
DA and ERNST |
|
Target
Prices, Relative Valuations and the Compensation for Liquidity Provision |
|
|
|
Discussant: AMIYATOSH PURNANANDAM, University of Michigan |
|
|
9:30 am |
Break |
|
|
9:45 am |
ERICA LI, |
|
DMITRY LIVDAN, |
|
LU ZHANG, |
|
|
|
|
|
Discussant: MALCOLM BAKER, |
|
|
10:45 am |
Break |
|
|
11:00 am |
ANDREW DUBINSKY and MICHAEL JOHANNES, |
|
Anticipated Uncertainty, Earnings Announcements, and
Equity Options |
|
|
|
Discussant: KENNETH SINGLETON, |
|
|
12:00 n |
Lunch |
|
|
1:00 pm |
EVAN ANDERSON, Northern |
|
ERIC GHYSELS, |
|
JENNIFER JUERGENS, |
|
|
|
|
|
Discussant:
LEONID KOGAN, MIT and NBER |
|
|
2:00 pm |
Break |
|
|
2:15 pm |
LAURENT CALVET, HEC School of Management and NBER |
|
JOHN CAMPBELL, |
|
PAOLO SODINI, |
|
Down and Out: Assessing the Welfare Costs of Household
Investment Mistakes |
|
|
|
Discussant: NICHOLAS BARBERIS, |
|
|
3:15 pm |
Break |
|
|
3:30 pm |
MARIANO CROCE, |
|
MARTIN LETTAU and SYDNEY LUDVIGSON, |
|
Investor Information
Long Run Risk, and the Duration of Risky Cash-Flows |
|
|
|
Discussant: LARS HANSEN, |
|
|
4:30 pm |
Adjourn |
|
|
|
|
|
|
6/20/06 |
|
|
|
|
|