Discussions
Why is Asset Demand Inelastic?, by Carter Davis, Mahyar Kargar, and Jiacui Li | NBER LTAM 2024 | paper
Asset Demand of U.S. Households, by Xavier Gabaix, Ralph Koijen, Federico Mainardi, Sangmin Oh, and Motohiro Yogo | AFA 2024 | paper
Anomaly Predictability with the Mean-Variance Portfolio, by Carlo Favero, Alesandro Melone, and Andrea Tamoni | AFA 2024 | paper
Deposit Convexity, Monetary Policy, and Financial Stability, by Emily Greenwald, Sam Schulhofer-Wohl, and Joshua Younger | Fed Day-Ahead Conference 2024 | paper
The "Actual Retail Price" of Equity Trades, by Christopher Schwarz, Brad Barber, Xing Huang, Philippe Jorion, and Terrance Odean | Redrock 2023 | paper
The Resilience of the U.S. Corporate Bond Market During Financial Crises, by Bo Becker and Efraim Benmelech | AFA 2023 | paper
Valuing Financial Data, by Maryam Farboodi, Dhruv Singal, Laura Veldkamp, and Venky Venkateswaran | Lars Peter Hansen Celebration Conference 2022 | paper
A Stock Return Decomposition Using Observables, by Benjamin Knox and Annette Vissing-Jorgensen | Redrock 2022 | paper
Dynamics of Asset Demand with Confidence Heterogeneity, by Adrian Buss, Raman Uppal, and Grigory Vilkov | WFA 2022 | paper
More Than 100% of the Equity Premium: How Much Is Really Earned on Macroeconomic Announcement Days?, by Rory Ernst, Thomas Gilbert, and Christopher Hrdlicka | AFA 2022 | paper
Institutional Corporate Bond Pricing, by Lorenzo Bretscher, Lukas Schmid, Ishita Sen, and Varun Sharma | AFA 2022 | paper
Granular Information and Sectoral Movements, by Hao Jiang, Sophia Zhengzi Li, and Peixuan Yang | Eurofidai 2021 | paper
In Search of the Origins of Financial Fluctuations: The Inelastic Markets Hypothesis, by Xavier Gabaix and Ralph S.J. Koijen | WFA 2021 | paper
Internal Models, Make Believe Prices, and Bond Market Cornering, by Ishita Sen and Varun Sharma | FIRS 2021 | paper
A Competitive Search Theory of Asset Pricing, by Mahyar Kargar, Juan Passadore, and Dejanir Silva | SFS Cavalcade 2021 | paper
Common Fund Flows: Flow Hedging and Factor Pricing, by Winston Dou, Leonid Kogan, and Wei Wu | SFS Cavalcade 2021 | paper
Financial Crises and the Transmission of Monetary Policy to Consumer Credit Markets, by Sasha Indarte | MFA 2021 | paper
How the Wealth Was Won: Factor Shares as Market Fundamentals, by Daniel Greenwald, Martin Lettau, and Sydney Ludvigson | NBER LTAM 2021 | paper
Financial Fragility in the COVID-19 Crisis: The Case of Investment Funds in Corporate Bond Markets, by Antonio Falato, Itay Goldstein, and Ali Hortacsu | Princeton-Stanford conference on COVID-19 and Corporate Finance | paper
Correcting Misspecified Stochastic Discount Factors, by Massimo Dello Preite, Raman Uppal, Paolo Zaffaroni, and Irina Zviadadze | SFS Cavalcade 2020 | paper
Are Intermediary Constraints Priced?, by Wenxin Du, Benjamin Hébert, and Amy Wang | AFA 2020 | paper
Information Cascades and Threshold Implementation, by Lin William Cong and Yizhou Xiao | AFA 2020 | paper
Biased Assessment of Comovement, by Ben Matthies | AFA 2020 | paper
A retrieved-context theory of financial decisions, by Jessica Wachter and Michael Kahana | Miami Behavioral Finance Conference 2019 | paper
Bank Market Power and Monetary Policy Transmission: Evidence from a Structural Estimation, by Yifei Wang, Toni Whited, Yufeng Wu, and Kairong Xiao | SF Fed Conference on Advances in Financial Research 2019 | paper
Currency Mispricing and Dealer Balance Sheets, by Gino Cenedese, Pasquale Della Corte and Tiany Wang | CDI Conference on Derivatives 2019 | paper
Alternative Pricing Rules to Prevent Runs on Funds?, by Dunhong Jin, Marcin Kacperczyk, Bige Kahraman, and Felix Suntheim | University of Oregon Finance Conference 2019 | paper
Can Risk Be Shared Across Investor Cohorts? Evidence from a Popular Savings Product, by Johan Hombert and Victor Lyonnet | EFA 2019 | paper
The Financial Intermediation Premium in the Cross Section of Stock Returns, by Tatyana Marchuk | Mitsui Finance Conference 2019 | paper
Insurers as Asset Managers and Systemic Risk, by Andrew Ellul, Chotibhak Jotikasthira, Anastasia V. Kartasheva, Christian T. Lundblad, and Wolf Wagner | NBER Insurance Working Group 2019 | paper
The Dark Side of Liquid Bonds in Fire Sales, by Maria Chaderina, Alexander Mürmann, and Christoph Scheuch | AFA 2019 | paper
Can Financial Innovation Solve Household Reluctance to Take Risk?, by Laurent Calvet, Claire Célérier, Paolo Sodini, and Boris Vallée | WFA 2018 | paper
A Theory of Model Sophistication and Operational Risk, by Suleyman Basak and Andrea Buffa | WFA 2018 | paper
Market Power and Price Informativeness, by Marcin Kacperczyk, Jaromir Nosal, and Savitar Sundaresan | UBC Winter Finance Conference 2018 | paper
Incentive Constrained Risk-Sharing, Segmentation and Asset Pricing, by Bruno Biais, Johan Hombert, and Pierre-Olivier Weill | Adam Smith Workshop 2018 | paper