Dissecting Disagreement in Valuations: Inputs and Outcomes

Paul Decaire¹, Denis Sosyura¹, Michael Wittry²

1: Arizona State University; 2: Ohio State University

Crash Narratives

Dasol Kim¹, Will Goetzmann², Bob Shiller²

1: Office of Financial Research; 2: Yale University

End of an era: The coming long-run slowdown in corporate profit growth and stock returns

Michael Smolyansky

Federal Reserve

The Making of Momentum: A Demand-System Perspective

Paul Huebner

Stockholm School of Economics

Monetary Policy, Extrapolation Bias, and Misallocation

Yuchen Chen

University of Illinois Urbana-Champaign

Economic Growth through Diversity in Beliefs

Christian Heyerdahl-Larsen², Philipp Illeditsch¹, Howard Kung³

1: Texas A&M University; 2: BI Oslo; 3: LBS

Anticompetitive Price Referencing

Vincent van Kervel¹, Bart Zhou Yueshen²

1: Pontificia universidad católica de Chile; 2: Singapore Management University

Dealer Capacity and US Treasury Market Functionality

Darrell Duffie¹, Michael Fleming², Frank Keane², Claire Nelson³, Or Shachar², Peter Van Tassel⁴

1: Stanford University; 2: Federal Reserve Bank of New York; 3: Princeton University; 4: Independent

What Does Best Execution Look Like?

Thomas Ernst¹, Andrey Malenko², Chester Spatt³, Jian Sun⁴

1: University of Maryland; 2: Boston College; 3: Carnegie Mellon University; 4: Singapore Management University

Who Is Minding the Store? Order Routing and Competition in Retail Trade Execution

Xing Huang¹, Philippe Jorion², Mina Lee³, Christopher Schwarz²

1: Washington University in St. Louis; 2: UC Irvine; 3: Federal Reserve Board

Automated Exchange Economies

Bryan Routledge¹, Yikang Shen², Ariel Zetlin-Jones³

1: Carnegie Mellon University; 2: Carnegie Mellon University; 3: Carnegie Mellon University

Information Intermediaries and the Distorting Effect of Incomplete Data

Sara Easterwood

Virginia Tech

Racial Differences in the Total Rate of Return on Owner-Occupied Housing

Rebecca Diamond², William Diamond¹

1: Wharton School, University of Pennsylvania; 2: Stanford GSB and NBER

Price Discrimination and Mortgage Choice

Jamie Coen¹, Anil Kashyap², May Rostom³

1: Imperial College London; 2: University of Chicago Booth School of Business; 3: Bank of England

Mortgage Lock-In, Mobility, and Labor Reallocation

Julia Fonseca¹, Lu Liu²

1: UIUC; 2: The Wharton School, University of Pennsylvania

Frictional and Speculative Vacancies: The Effects of an Empty Homes Tax

Lu Han¹, Derek Stacey², Hong Chen

1: University of Wisconsin at Madison; 2: University of Waterloo

Language Frictions in Consumer Credit

Chao Liu

Northwestern University

After the Storm: How Emergency Liquidity Helps Small Businesses Following Natural Disasters

Benjamin Lee Collier¹, Sabrina Howell², Lea Rendell³

1: Fox School of Business, Temple University; 2: Stern School of Business, New York University; 3: University of Maryland