Evaluating the Impact of Portfolio Mandates

Raman Uppal¹, Jack Favilukis², Lorenzo Garlappi²

1: EDHEC Business School, United Kingdom; 2: UBC Sauder School of Business

Discussant: Vitaly Orlov (University of St.Gallen)

Asset Pricing with Disagreement about Climate Risks

Ole Wilms¹, Karl Schmedders², Thomas Lontzek³, Marco Thalhammer³, Walter Pohl⁴

1: Universität Hamburg; 2: IMD Lausanne; 3: RWTH Aachen; 4: NHH Bergen

Discussant: Can Gao (University of St.Gallen)

Quantitative Easing, the Repo Market, and the Term Structure of Interest Rates

Ruggero Jappelli¹, Loriana Pelizzon^1,2, Marti G. Subrahmanyam^3,4

1: Goethe University Frankfurt and Leibniz Institute for Financial Research SAFE; 2: Ca' Foscari University and CEPR; 3: NYU Stern; 4: NYU Shanghai

Discussant: Raman Uppal (EDHEC Business School)

The Trade Imbalance Network and Currency Returns

Ai Jun Hou¹, Xiaoxia Ye², Lucio Sarno³

1: Stockholm University; 2: Exeter University; 3: Cambridge University

Discussant: Ilaria Piatti (Queen Mary University of London)

Private Equity and Debt Contract Enforcement: Evidence from Covenant Violations

Anya Kleymenova, Sharjil Haque

Federal Reserve Board

Discussant: Reiner Braun (Technische Universität München, TUM)

The Response of Equity Yields to a Long-Run Shock

Martijn Boons¹, Andrea Tamoni², Petra Sinagl³

1: Nova University Lisbon; 2: Rutgers Business School; 3: University of Iowa

Discussant: Tobias Sichert (Stockholm School of Economcs)

Subjective Risk Premia in Bond and FX Markets

Ilaria Piatti¹, Daniel Pesch², Paul Whelan³

1: Queen Mary University of London; 2: Said Business School, University of Oxford; 3: CUHK Business School

Discussant: Karamfil Todorov (BIS (Bank for International Settlements))

Expected Bond Liquidity

Marcel Müller¹, Michael Reichenbacher¹, Philipp Schuster², Marliese Uhrig-Homburg¹

1: Karlsruhe Institute of Technology; 2: University of Stuttgart

Discussant: Heiner Beckmeyer (University of Muenster)

The Equity Derivative Payoff Bias

Julian Terstegge¹, Guido Baltussen², Paul Whelan³

1: Copenhagen Business School; 2: Erasmus University Rotterdam; 3: Chinese University of Hong Kong

Discussant: Mathis Moerke (University of St.Gallen)

The Cumulant Risk Premium

Karamfil Todorov¹, Albert Kyle²

1: BIS (Bank for International Settlements); 2: University of Maryland, Robert H. Smith School of Business

Discussant: Ole Wilms (Universität Hamburg)