Does Sustainable Investing Make Stocks Less Sensitive to Information about Cash Flows?

Steffen Hitzemann³, An Qin², Stanislav Sokolinski¹, Andrea Tamoni²

1: Michigan State University; 2: Rutgers University; 3: University of Houston

Discussant: Martin Nerlinger (University of St.Gallen)

Unpacking the Demand for Sustainable Equity Investing

Sangmin Oh¹, Don Noh², Jihong Song³

1: University of Chicago; 2: Hong Kong University of Science and Technology; 3: Cubist Systematic Strategies

Discussant: Sebastian Utz (Universität Augsburg)

A Non-Linear Market Model

Tobias Sichert

Stockholm School of Economics

Discussant: Martijn Boons (Nova University Lisbon)

A Joint Factor Model for Bonds, Stocks, and Options

Heiner Beckmeyer¹, Turan G. Bali², Amit Goyal³

1: University of Muenster; 2: Georgetown University; 3: University of Lausanne and Swiss Finance Institute

Discussant: Marcel Müller (Karlsruhe Institute of Technology)

Fed Transparency and Policy Expectations Errors: A Text Analysis Approach

Eric Fischer, Rebecca McCaughrin, Saketh Prazad, Mark Vandergon

Federal Reserve Bank of New York

Discussant: Sonya Zhu (Bank for International Settlements)

Financial Intermediaries and Demand for Duration

Marco Zanotti¹, Alberto Plazzi¹, Andrea Tamoni²

1: Swiss Finance Institute, USI Lugano; 2: Rutgers Business School

Discussant: Ion Lucas Saru (VU Amsterdam)

Money Market Funds and the Pricing of Near-Money Assets

Egemen Eren¹, Sebastian Doerr¹, Semyon Malamud²

1: BIS (Bank for International Settlements); 2: Ecole Polytechnique Fédérale de Lausanne

Discussant: Julian Terstegge (Copenhagen Business School)

Collateral Cycles

Angelo Ranaldo¹, Evangelos Benos³, Gerardo Ferrara²

1: University of St.Gallen and Swiss Finance Institute; 2: Bank of England; 3: Nottingham University Business School

Who Knows? Information Differences Between Trader Types

Ion Lucas Saru, Albert J. Menkveld

VU Amsterdam, Tinbergen Institute

Discussant: Franziska Peter (Zeppelin University)