A Real Investment-based Model of Asset Pricing

Frederico Belo, INSEAD and CEPR

Xinwei Li, INSEAD

 Presenter: Xinwei Li, INSEAD

 Discussant: Xiang Fang, The University of Hong Kong

A Unified Explanation for the Decline of the Value Premium and the Rise of the Markup

Xiaoji Lin, University of Minnesota

Chao Ying, The Chinese University of Hong Kong

Terry Zhang, Australian National University

 Presenter: Chao Ying, The Chinese University of Hong Kong

 Discussant: Jun Li, Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University

Asset Pricing Implications of Heterogeneous Investment Horizons

Idan Hodor, Monash University

Fernando Zapatero, Boston University

 Presenter: Idan Hodor, Monash University

 Discussant: Chenjie Xu, Shanghai University of Finance and Economics

Operating Leverage and Asset Pricing Anomalies

Leonid Kogan, Massachusetts Institute of Technology

Jun Li, The University of Texas at Dallas

Harold Zhang, The University of Texas at Dallas

Yifan Zhu, BI Norwegian Business School

 Presenter: Yifan Zhu, BI Norwegian Business School 

 Discussant: Ding Luo, City University of Hong Kong