Asset Pricing Program Meeting.

PositionProgram and Working Group Meetings

The NBER's Program on Asset Pricing met at Stanford University on October 26, 2012. NBER Research Associates Hanno Lustig of UCLA's Anderson School of Management and Stefan Nagel of Stanford University's Graduate School of Business organized the meeting and chose these papers to discuss:

* David Lucca and Emanuel Moench, Federal Reserve Bank of New York, "The Pre-FOMC Announcement Drift"

* Lubos Pastor and Pietro Veronesi, University of Chicago and NBER, "Political Uncertainty and Risk Premia" (NBER Working Paper No. 17464)

* Jack Favilukis, London School of Economics, and Xiaoji Lin, Ohio State University, "Wage Rigidity: A Solution to Several Asset Pricing Puzzles"

* Tobias Adrian, Federal Reserve Bank of New York; Tyler Muir, Northwestern University; and Erkko...

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