Asset Pricing.
Position | Program and Working Group Meetings |
Members of the NBER's Asset Pricing Program met April 8 in Chicago and online. Research Associates Arvind Krishnamurthy and Monika Piazzesi, both of Stanford University, organized the meeting. These researchers' papers were presented and discussed:
* Mark L. Egan, Harvard University and NBER, and Alexander MacKay and Hanbin Yang, Harvard University, "What Drives Variation in Investor Portfolios ? Evidence from Retirement Plans" (NBER Working Paper 29604)
* Mikhail Chernov and Lars A. Lochstoer, University of California, Los Angeles and NBER, and Dongho Song, Johns Hopkins University, "The Real Channel for Nominal Bond-Stock Puzzles" (NBER Working Paper 29085)
* Niels Joachim Gormsen, University of Chicago, and Kilian Huber, University of Chicago and NBER, "Discount Rates...
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