Conference on Financial Markets

TUESDAY, MAY 14, 2019

11:45 am – 12:45 pm

Lunch

12:45 – 2:00 pm

KEYNOTE DISCUSSION

Larry D. Fink, Chairman and CEO, BlackRock

David G. Booth, Founder and Executive Chairman, Dimensional

In a private conversation moderated by Andrea Eisfeldt, UCLA

2:15 – 3:15 pm

Conditional Dynamics and the Multi-horizon Risk-return Trade-off

Mikhail Chernov, UCLA
Lars Lochstoer, UCLA
Stig R. H. Lundeby, Norwegian School of Economics

Presented by  Lars Lochstoer, UCLA
Discussant:  Jonathan Lewellen, Dartmouth College

3:30 – 4:30 pm

Understanding Global Equity Valuations

Ralph Koijen, University of Chicago
Robert J. Richmond, New York University
Motohiro Yogo, Princeton University

Presented by  Robert J. Richmond, New York University
Discussant:  Carolin Pflueger, University of Chicago

4:45 – 6:00 pm

KEYNOTE ADDRESS

John Y. Campbell, Harvard University

6:00 – 7:00 pm

Reception

WEDNESDAY, MAY 15, 2019

8:00 – 8:15 am

Breakfast

8:15 – 9:15 am

The Impact of Pensions and Insurance on Global Yield Curves

Robin Greenwood, Harvard University
Annette Vissing-Jorgensen, UC Berkeley

Presented by  Annette Vissing-Jorgensen, UC Berkeley
Discussant:  Hanno Lustig, Stanford University

9:30 – 10:30 am

Active and Passive Investing

Nicolae B. Gârleanu, UC Berkeley
Lasse H. Pedersen, New York University

Presented by  Nicolae B. Gârleanu, UC Berkeley
Discussant:  Jonathan Berk, Stanford University

10:45 – 11:45 am

Blockchain Economics

Joseph Abadi, Princeton University
Markus K. Brunnermeier, Princeton University

Presented by  Markus K. Brunnermeier, Princeton University
Discussant:  Leonid Kogan, MIT

12:00 – 1:00 pm

Money Market Fund Reform and Arbitrage Capital

Alyssa Anderson, Board of Governors of the Federal Reserve System
Wenxin Du, University of Chicago
Bernd Schlusche, Board of Governors of the Federal Reserve System

Presented by  Wenxin Du, University of Chicago
Discussant:  Alan Moreira, University of Rochester

1:00 pm

Lunch