NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.
ASSET PRICING PROGRAM MEETING
Jonathan Berk and Jun Pan, Organizer
November 5, 2004
NBER
1050 Massachusetts Avenue
Cambridge, Massachusetts
PROGRAM
THURSDAY, NOVEMBER 4, 2004
7:00 PM Legal Sea Foods
Kendall Square
5 Cambridge Center
Cambridge, MA 02139
FRIDAY, NOVEMBER 5, 2004
7:45 AM Shuttle Van from the Royal Sonesta to NBER
8:00 AM Shuttle Van from the Royal Sonesta to NBER
8:00 AM Continental Breakfast
8:30 AM MURRAY CARLSON, ADLAI FISHER, RON GIAMMARINO, University of British Columbia
Corporate Investment and Asset Price Dynamics:
Implications for SEO Event Studies and Long Run Performance
Discussant: LU ZHANG, University of Rochester
9:30 AM Break
9:45 AM LUBOS PASTOR and PIETRO VERONESI, University of Chicago and NBER
Was There a Nasdaq Bubble in the Late 1990s?
Discussant: LEONID KOGAN, MIT and NBER
10:45 AM ANDREW ANG, Columbia University and NBER
JUN LIU, UC, Los Angeles
Discussant: JOHN CAMPBELL, Harvard University and NBER
11:45 AM Lunch
12:45 PM LU ZHANG, University of Rochester
Discussant: JOHN COCHRANE, University of Chicago and NBER
1:45 PM Break
2:00 PM JORGEN HAUG, Norwegian School of Economics
JACOB SAGI, UC, Berkeley
Endogenous Regime Changes in the Real Term Structure of Interest Rates
Discussant: JOAO GOMES, University of Pennsylvania
3:00 PM RAVI JAGANNATHAN, Northwestern University and NBER
YONG WANG, Northwestern University
Consumption Risk and the Cost of Equity Capital
Discussant: SYDNEY LUDVIGSON, New York University and NBER
4:00 PM Adjourn
10/21/04