Asset Pricing with Complexity

Mads Nielsen¹, Antoine Didisheim²

1: Utrecht University; 2: University of Melbourne

Identifying preference for early resolution from asset prices

Hengjie Ai¹, Ravi Bansal², Hongye Guo³

1: University of Wisconsin, United States of America; 2: Duke University; 3: University of Hong Kong

Dynamic Trading and Asset Pricing with Time-Inconsistent Agents

Stig Lundeby, Zhaneta Krasimirova Tancheva

BI Norwegian Business School, Norway

Dogs and cats living together: A defense of cash-flow predictability

Seth Pruitt

Arizona State University, United States of America

The Optimal Stock Valuation Ratio

Sebastian Hillenbrand¹, Odhrain McCarthy²

1: Harvard Business School; 2: New York University

Government Policy Announcement Return

Yang LIU¹, Ivan Shaliastovich²

1: University of Hong Kong, Hong Kong S.A.R. (China); 2: University of Wisconsin Madison

Intermediary Balance Sheets and the Treasury Yield Curve

Wenxin Du¹, Ben Hebert², Wenhao Li³

1: University of Chicago and FRBNY; 2: Stanford University; 3: University of Southern California

Foreign Exchange Intervention with UIP and CIP Deviations: The Case of Small Safe Haven Economies

Kenza Benhima, Philippe Bacchetta, Brendan Berthold

HEC-Lausanne (University of Lausanne), Switzerland

Can Time-Varying Currency Risk Hedging Explain Exchange Rates?

Leonie Braeuer^1,2, Harald Hau^1,2,3

1: University of Geneva, Switzerland; 2: Swiss Finance Institute; 3: CEPR

Can Stablecoins be Stable?

Adrien d'Avernas¹, Vincent Maurin¹, Quentin Vandeweyer²

1: Stockholm School of Economics, Sweden; 2: Chicago Booth

Stablecoin Runs

Yiming Ma¹, Yao Zeng², Anthony Lee Zhang³

1: Columbia Business School, United States of America; 2: Wharton; 3: Chicago Booth

Keeping Up in the Digital Era: How Mobile Technology Is Reshaping the Banking Sector

Charlotte Haendler

Southern Methodist University, United States of America

(In)dependent Central Banks

Vasso Ioannidou¹, Sotirios Kokas², Thomas Lambert³, Alexander Michaelides⁴

1: Bayes Business School and CEPR; 2: University of Essex; 3: Rotterdam School of Management, Erasmus University, Netherlands, The; 4: Imperial College London and CEPR

Liquidity Dependence: Why Shrinking Central Bank Balance Sheets is an Uphill Task

Sascha Steffen³, Viral Acharya¹, Rahul Chauhan², Raghuram Rajan³

1: NYU Stern School of Business; 2: University of Chicago Booth School of Business; 3: Frankfurt School of Finance & Management

Money Markets and Bank Lending: Evidence from the Tiering Adoption

Altavilla Carlo², Miguel Boucinha², Lorenzo Burlon², Mariassunta Giannetti¹, Julian Schumacher²

1: Stockholm School of Economics, Sweden; 2: European Central Bank

Market Power in the Securities Lending Market

Shuaiyu Chen³, Ron Kaniel², Christian Opp¹

1: University of Rochester & NBER; 2: University of Rochester; 3: Purdue University

The Financial Premium

Jens Dick-Nielsen, Peter Feldhütter, David Lando

Copenhagen Business School, Denmark

Asset Demand of U.S. Households

Xavier Gabaix², Ralph Koijen¹, Federico Mainardi¹, Sangmin Oh¹, Motohiro Yogo³

1: Chicago Booth, United States of America; 2: Harvard University; 3: Princeton University

Short Covering

Jesse Blocher¹, Xi Dong², Matthew Ringgenberg³, Pavel Savor⁴

1: Owen Graduate School of Management, Vanderbilt University, United States of America; 2: Zicklin School of Business, Baruch College - CUNY, United States of America; 3: University of Utah, United States of America, United States of America; 4: Driehaus College of Business, DePaul University, United States of America

Geographic Proximity in Short Selling

Xiaolin Huo¹, Xin Liu¹, Vesa Pursiainen²

1: Renmin University of China; 2: University of St.Gallen and Swiss Finance Institute

Anomalies and Their Short-Sale Costs

Dmitriy Muravyev^2,3, Neil D. Pearson^1,3, Joshua M. Pollet¹

1: University of Illinois at Urbana-Champaign; 2: Michigan State University; 3: Canadian Derivatives Institute

Safe Asset Scarcity and Monetary Policy Transmission

Benoit Nguyen¹, Davide Tomio², Miklos Vari¹

1: Banque de France; 2: University of Virginia - Darden School of Business

Monetary Policy and Financial Stability

Joao Gomes, Sergey Sarkisyan

Wharton School, United States of America

Can the Fed Control Inflation? Stock Market Implications

Daniel Andrei¹, Michael Hasler²

1: McGill University, Canada; 2: University of Texas at Dallas, United States of America