Beliefs-driven Stock Market Entry and Exit

Paul Ehling, Christian Heyerdahl-Larsen, Zeshu Xu

BI Norwegian Business School, Norway

How beliefs respond to news: implications for asset prices

Ian Dew-Becker¹, Stefano Giglio², Pooya Molavi³

1: Federal Reserve Bank of Chicago; 2: Yale University; 3: Northwestern University, United States of America

Learning and Subjective Beliefs About Good and Bad Inflation Ranges

Mohammad Ghaderi¹, Sang Byung Seo², Ivan Shaliastovich²

1: University of Kansas, United States of America; 2: University of Wisconsin-Madison, United States of America

The Quiet Hand of Regulation: Harnessing Uncertainty and Disagreement

Daniel Andrei¹, Lorenzo Garlappi²

1: McGill University, Canada; 2: UBC, Canada

A Model-Free Assessment of the Importance of Subjective Beliefs for Asset Pricing

Paymon Khorrami

Duke University, United States of America

Measuring Inflation Uncertainty

Sebastian Hillenbrand¹, Viral Acharya², Venky Venkateswaran², Margaret Underwood¹

1: Harvard Business School, United States of America; 2: NYU Stern School of Business

Analysts' Belief Formation in Their Own Words

Barry Ke

Yale University, United States of America

Mind the Gap: The Non-Fundamental Role of Earnings Days

Azi Ben-Rephael¹, Steffen Hitzemann², Yuanyuan Xiao³

1: Rutgers Business School, United States of America; 2: University of Houston; 3: Shanghai University of Finance and Economics

Memory and Beliefs in Financial Markets: A Machine Learning Approach

Zhongtian Chen¹, Jiyuan Huang²

1: The Wharton School, University of Pennsylvania; 2: Institute of Finance, Corvinus University of Budapest

Mind the Gap: The Market Price of Financial (In)Flexibility

Filippo Ippolito², Roberto Steri¹, Claudio Tebaldi³, Alessandro Tenzin Villa⁴

1: University of Luxembourg, Luxembourg; 2: Universitat Pompeu Fabra; 3: Bocconi University; 4: Chicago FED

Search Intensity and Asset Prices

Ding Luo¹, Jincheng Tong²

1: City University of Hong Kong, Hong Kong S.A.R. (China); 2: University of Toronto, Canada

Payout-Based Asset Pricing

Andrei Goncalves¹, Andreas Stathopoulos²

1: Ohio State University; 2: UNC Chapel Hill

A Unified Explanation for the Decline in Value Premium and Rising Markups

Xiaoji Lin², Chao Ying¹, Terry Zhang³

1: CUHK Finance, United States of America; 2: UMN; 3: ANU

Finance in a Time of Disruptive Growth

Nicolae Garleanu¹, Stavros Panageas²

1: Washington University in St. Louis, United States of America; 2: UCLA

Creative destruction, stock return volatility, and the number of listed firms

Sohnke Bartram², Gregory Brown¹, Rene Stulz³

1: UNC Chapel Hill, United States of America; 2: University of Warwick and CEPR, United Kingdom; 3: Ohio State University, NBER, and ECGI, United States of America

The Commercial Real Estate Ecosystem

Ralph Koijen², Neel Shah¹, Stijn Van Nieuwerburgh¹

1: Columbia University Graduate School of Business, United States of America; 2: University of Chicago Booth, United States of America

Assessing Assessors

Huaizhi Chen¹, Lauren Cohen²

1: University of Notre Dame, United States of America; 2: Harvard Business School

Factor Investing with Delays

Alexander Dickerson¹, Yoshio Nozawa², Cesare Robotti³

1: UNSW; 2: University of Toronto, Canada; 3: Warwick

Credit Card Banking

Itamar Drechsler¹, Hyeyoon Jung², Weiyu Peng³, Dominik Supera⁴, Guanyu Zhou³

1: University of Pennsylvania and NBER; 2: Federal Reserve Bank of New York; 3: University of Pennsylvania; 4: Columbia Business School

Equity Premium Events

Ben Knox, Juan Londono, Mehrdad Samadi, Annette Vissing-Jorgensen

Federal Reserve Board of Governors, United States of America

The Implied Equity Term Structure

Tomas Jankauskas¹, Lieven Baele², Joost Driessen²

1: Federal Reserve Bank of New York, United States of America; 2: Tilburg University

TRADABLE FACTOR RISK PREMIA AND ORACLE TESTS OF ASSET PRICING MODELS

Svetlana Bryzgalova², Alberto Quaini¹, Fabio Trojani³, Ming Yuan⁴

1: Erasmus School of Economics, Netherlands, The; 2: London Business School; 3: University of Geneva; 4: Columbia University

Common Risk Factors in the Returns on Stocks, Bonds (and Options), Redux

Zhongtian Chen¹, Nikolai Roussanov¹, Xiaoliang Wang², Dongchen Zou¹

1: University of Pennsylvania; 2: HKUST Business School

Which (Nonlinear) Factor Models?

Caio Almeida¹, Gustavo Freire²

1: Princeton University, United States of America; 2: Erasmus School of Economics, Erasmus University Rotterdam, Netherlands