THURSDAY, NOVEMBER 8:

6:00 PM Dinner

Legal Sea Foods Restaurant

(Kendall Square)

5 Cambridge Center

Cambridge, MA

FRIDAY, NOVEMBER 9:

8:30 AM Continental Breakfast

9:00 AM RAVI BANSAL, Duke University

ROBERT F. DITTMAR, Indiana University

CHRISTIAN T. LUNDBLAD, Indiana University

conferConsumption, Dividends, and the Cross-Section of Equity Returns

Discussant: MARTIN LETTAU, New York University

10:00 AM Break

10:15 AM ANDREW ANG and GEERT BEKAERT, Columbia University and NBER

Stock Return Predictability: Is It There?

Discussant: SAMUEL THOMPSON, Harvard University

11:15 AM JONATHAN LEWELLEN, MIT

Predicting Returns with Financial Ratios

Discussant: ROBERT F. STAMBAUGH, University of Pennsylvania and NBER

12:15 PM Lunch

Royal Sonesta Hotel

Riverfront Room

Over, Please!

Asset Pricing Meeting Program, Page 2:

FRIDAY, NOVEMBER 9, 2001, Continued:

1:15 PM JOAO F. GOMES, University of Pennsylvania

AMIR YARON, University of Pennsylvania and NBER

LU ZHANG, University of Pennsylvania

Asset Pricing Implications of Firm's Financing Constraints

Discussant: JOHN H. COCHRANE, University of Chicago and NBER

2:15 PM Break

2:30 PM MICHAEL W. BRANDT, University of Pennsylvania and NBER

JOHN H. COCHRANE, University of Chicago and NBER

PEDRO SANTA-CLARA, UC, Los Angeles

International Risk Sharing is Better Than You Think (Or Exchange Rates

Are Much Too Smooth)

Discussant: RAVI JAGANNATHAN, Northwestern University and NBER

3:30 PM LUBOS PASTOR, University of Chicago

ROBERT F. STAMBAUGH, University of Pennsylvania and NBER

Liquidity Risk and Expected Stock Returns

Discussant: JIANG WANG, MIT and NBER

4:30 PM Adjourn

10/25/01