Friday, August 19, 2011, 8:30-10:15 am; Asset Pricing Empirical
Consumption-Based Asset Pricing - B1

Session Chair: Wayne E. Ferson, University of Southern California

  • Learning about Consumption Dynamics PDF
    Michael Johannes1, Lars Lochstoer1, Yiqun Mou2
    Columbia University1; Bank of America Merrill Lynch 2
    • Discussant: Anisha Ghosh, Carnegie Mellon University
  • Implied Risk Aversion in Lottery Bond Prices PDF
    Wolfgang Buehler, Sebastian Herzog
    University of New South Wales; University of Mannheim
    • Discussant: Paul Ehling, BI Norwegian Business School
  • Observable Long-Run Ambiguity and Long-Run Risk PDF
    Maxim Ulrich
    Columbia University
    • Discussant: Andreas Stathopoulos, University of Southern California