Thursday, August 18, 2011,10:30-12:15 pm; Asset Pricing Empirical
Financial Crisis - B1

Session Chair: Robert L. McDonald, Northwestern University

• Hard Times PDF 
  John Y. Campbell¹, Stefano Giglio¹, Christopher Keith Polk²
  Harvard University¹; London School of Economics²
  • Discussant: Lubos Pastor, University of Chicago

• The Determinants of the CDS-Bond Basis During the Financial Crisis of 2007-2009 PDF
  Jennie Bai¹, Pierre Collin-Dufresne²
  Federal Reserve Bank of New York; Columbia University²
  • Discussant: Alessandro Fontana, Geneva Finance Research Institute

• Hedge Fund Stock Trading in the Financial Crisis of 2007-2009 PDF
  Itzhak Ben-David¹, Francesco Franzoni², Rabih Moussawi³,
  The Ohio State University¹; Swiss Finance Institute and University of Lugano², University of Pennsylvania³
  • Discussant: Robert Kosowski, Imperial College London