7th BI-SHoF Conference

Thursday to Friday
  • Starts:13:00, 12 August 2021
  • Ends:18:00, 13 August 2021
  • Location:Zoom, by invitation only

The Center for Asset Pricing Research (CAPR) at BI Norwegian Business School is hosting the 7th BI-SHoF conference on asset pricing and financial econometrics. The BI-SHoF conference is a collaboration between BI and the Swedish House of Finance alternating between Oslo and Stockholm.

Organizers: Adrien d’Avernas, Sven Klingler, Tatyana Marchuk, and Riccardo Sabbatucci.


Each paper has 45 minutes, which are divided as follows:

  • 25 minutes for the presentation,
  • 15 minutes for the discussant,
  • 5 minutes for the presenter to reply to the discussant and take questions from the audience.


  • Time
  • Title
  • Thursday, August 12

  • Welcome and opening remarks

  • Session 1

    Chair: Tatyana Marchuk

  • Cyclical risk appetite

    Elisa Luciano (Collegio Carlo Alberto)
    Discussant: Paul Ehling (BI)

  • Stock market participation and portfolio shares over the life-cycle

    Francisco Gomes (LBS)
    Discussant: Martin Blomhoff Holm (UiO)

  • Forgiven but not forgotten: Emerging market credit spreads following debt relief

    David Lando (CBS)
    Discussant: Valeri Sokolovski (HEC Montréal)

  • Coffee break and breakout rooms

  • Session 2

    Chair: Thomas Poulsen

  • Putting the price in asset pricing

    Christopher Polk (LSE)
    Discussant: Costas Xiouros (BI)

  • Priceless consumption

    Frederico Belo (Insead)
    Discussant: Zhaneta Tancheva (BI)

  • Coffee break and breakout rooms

  • Reception and Drinks

  • Friday, August 13

  • Session 3

    Chair: Riccardo Sabbatucciton)

  • ES risks and shareholder voice

    Bige Kahraman Alper (Oxford University)
    Discussant: Francesco Nicolai (BI)

  • Different strokes: Return predictability across stocks and bonds with machine learning and big data

    Amit Goyal (SFI Lausanne)
    Discussant: Alejandro Lopez-Lira (BI)

  • Coffee break and breakout rooms

  • Session 4

    Chair: Sven Klingler

  • Heterogeneous global booms and busts

    Peter Kondor (LSE)
    Discussant: Iván Alfaro (BI)

  • Smart beta made smart: Synthetic risk factors for institutional and retail investors

    Riccardo Sabbatucci (SSE)
    Discussant: Simon Rottke (University of Amsterdam)

  • Coffee break and breakout rooms

  • Closing remarks and virtual drinks