Carnegie-Rochester Conference Series on Public Policy

Semi-annual Conference

 

Editors:    Bennett McCallum

                 Charles I. Plosser

 

 

Upcoming Conference

 

April 20-21, 2001

Simon School, University of Rochester

Rochester, NY

 

 

 

Carnegie-Rochester Conference Schedule
April 20-21, 2001

Thursday, April 19

 

8:00 pm-11:00 pm     Welcome Reception, Hyatt Regency - refer to hotel monitor

 

Friday, April 20

 

       8:30 am               Bus transportation to campus

 

       8:40 am               Packet Retrieval and Breakfast upon arrival

 

       9:15 am               CONFERENCE SESSION I - SCHLEGEL 207

 

     Chairman:             TBA         

        Papers:               "Are Behavioral Asset-Pricing Models Structural?" by Stanley Zin

                                   Discussant: Jessica Wachter

 

                                   15 - minute break between sessions

 

                                   "Investor Psychology in Capital Markets: Basic Concepts, Evidence and Policy Implications"

                                   by David Hirshleifer and Siew Hong Teoh

                                   Discussant: Jeffrey Wurgler

 

    12:15 pm                Luncheon - Schlegel Hall Rotunda

 

     1:45 pm                 CONFERENCE SESSION II - SCHLEGEL 207

 

    Chairman:              TBA

      Papers:                 "Time-Varying Risk Premia and the Cost of Capital: An Alternative Implication of the Q Theory of Investment

                                   by Sydney Ludvigson and Martin Lettau

                                   Discussant: Janice Eberly

               

                                   15 - minute break between sessions

 

                                   "How Should Monetary Policy Respond to Movement in Asset Prices?" by Simon Gilchrist and John Leahy

                                   Discussant: William Dupor

 

       4:45 pm               Bus Transportation back to the Hyatt Regency

 

       6:30 pm               Bus departs Hyatt Regency for transportation to the Country Club of Rochester

 

       6:45 pm               Cocktails, Country Club of Rochester

 

       7:30 pm               Dinner, Country Club of Rochester

 

       9:30 pm               Transportation back to the Hyatt Regency

 

Saturday, April 21

 

       8:00 am               Bus transportation to campus

 

       8:10 am               Breakfast

 

       8:40 am               CONFERENCE SESSION III - SCHLEGEL 207

 

    Chairman:              TBA

      Papers:                 "Stock Volatility in the New Millennium: How Wacky is Nasdaq?" by G. William Schwert

                                   Discussant: Burton Hollifield

 

                                   15 - minute break between sessions

 

                                   "Time Orientation and Asset Prices" by Per Krusell, Burhanettin Kuruscu and Anthony Smith

                                   Discussant: Qiang Dai

 

      12:00 pm              Lunch available in Schlegel Hall Rotunda

 

      12:15 pm              Bus transportation to airport

                                   Transportation will also be available for earlier flights if needed.

 

       1:15 pm               Bus transportation to airport and to Hyatt Regency