Asset Pricing.

Members of the NBER's Asset Pricing Program met November 8 at Stanford University. Research Associates Stefano Giglio of Yale University and Tarek Alexander Hassan of Boston University organized the meeting. These researchers' papers were presented and discussed:

* Matthew Smith, Department of Treasury; Owen M. Zidar, Princeton University and NBER; and Eric Zwick, University of Chicago and NBER, "Top Wealth in the United States: New Estimates and Implications for Taxing the Rich"

* Juan Morelli and Diego Perez, New York University, and Pablo Ottonello, University of Michigan and NBER, "Global Banks and Systemic Debt Crises"

* Wenxin Du, University of Chicago and NBER; Benjamin M. Hebert, Stanford University and NBER...