The Sixth David Backus Memorial Conference on Macro-Finance
The 6th David Backus Memorial Conference brings together researchers to explore the intersection of macroeconomics and finance—an area profoundly shaped by Dave Backus’ contributions.This year marks the first time the conference is hosted in Europe. Below you will find the full conference program.
Paper presentation: 40 minutes (with mild interruptions from the audience)
Paper discussion: 15 minutes
Q&A: 5 minutes
Program
Thursday April 30
| 12:30-13:20 | Lunch |
| 13:25-13:30 | Opening remarks |
| Session | Chair: Christian Julliard (LSE) |
| 13:30-14:30 | Multimarket Contact and Cooperative Pricing in Interdealer Markets |
| Marco Grotteria (LBS) | |
| Discussant: Albert Menkveld (Vrije Universiteit Amsterdam) | |
| 14:30-14:45 | Coffee break |
| 14:45-15:45 | Which Intermediary Costs Matter for Asset Prices? |
| Manav Chaudhary (LSE) | |
| Discussant: Greg Duffee (Johns Hopkins University) | |
| 15:45-16:00 | Coffee break |
| 16:00-17:00 | Segmented Financial Integration |
| Liliana Varela (LSE) | |
| Discussant: Raman Uppal (EDHEC Business School) | |
| Dinner (by invitation) |
Friday May 1
|
Session |
Chair: Stan Zin (NYU) |
| 08:30-09:30 | Aggregate Precautionary Savings Motives |
| Pierre Mabille (INSEAD) | |
| Discussant: Pierre Collin-Dufresne (EPFL) | |
| 09:30-09:45 | Coffee break |
| 09:45-10:45 | What Drives Variation in Investor Portfolios? Estimating the Role of Beliefs and Risk Preferences |
| Hanbin Yang (LBS) | |
| Discussant: Niels Gormsen (CBS) | |
| 10:45-11:00 | Coffee break |
| 11:00-12:00 | Household Expectations in Uncertain Times |
| Roxana Mihet (University of Lausanne) | |
| Discussant: Lars Lochstoer (UCLA) | |
| 12:00-13:30 | Lunch |