...Uppal, London Business School, "What Rational Investors Do About Excessive Volatility and Sentiment Fluctuations?"

Discussant: Leonid Kogan, MIT and NBER

Lubos Pastor and Pietro Veronesi, University of Chicago and NBER, "Technological Revolutions and Stock Prices"

Discussant: Markus Brunnermeier, Princeton University, and NBER

Jun Pan, MIT and NBER, and Kenneth Singleton, Stanford University and NBER, "Default and Recovery Implicit in the Term Structure of Sovereign CDS Spreads"

Discussant: Francis Longstaff, University of California, Los Angeles and NBER

Ravi Bansal and Ed Fang, Duke University, and Amir Yaron, University of Pennsylvania and NBER, "Equity Capital: A Puzzle?"

Discussant: John Heaton, University of Chicago and NBER

Borja Larrain, Federal Reserve Bank of Boston, and Motohiro Yogo, University of Pennsylvania, "Does Firm Value Move Too Much to be Justified By SubsequentChanges in Cash Flow?"

Discussant: Malcolm Baker, Harvard University and NBER

Jacob Boudoukh, Matthew Richardson, and Robert Whitelaw, New York University and NBER, "The Myth of Long-Horizon Predictability"

Amit Goyal, Emory University, and Ivo Welch, Brown University and NBER, "A Comprehensive Look at the Empirical Preformance of Equity Premium Prediction"

John Y. Campbell, Harvard University and NBER,...

NOTE: All illustrations and photos have been removed from this article.



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