Call for Papers is now closed. Authors will be notified by August 15, 2018 about the selection of papers.

The conference will take place at the Wharton School of the University of Pennsylvania (Philadelphia PA) starting on the morning of Friday, October 12, 2018 and ending in the afternoon of Saturday October 13, 2018. There will also be a reception and dinner on Friday evening. Details of last years’ programs are available in the Conference website: http://www.whartonliquidity.org/ We plan to follow a similar format this year.

The organizers of the conference are Itay Goldstein (Wharton Finance) and Guillermo Ordonez (Penn Economics). This year we will select papers with the help of a program committee composed of: Itamar Drechsler (Wharton), Huberto Ennis (Richmond Fed), Xavier Freixas (UPF), Vincent Glode (Wharton), Gary Gorton (Yale), Zhiguo He (Chicago), Jakub Kastl (Princeton), Todd Keister (Rutgers), Pablo Kurlat (Stanford), Matteo Maggiori (Harvard), Robert McDonald (Northwestern), Jaromir Nosal (Boston College), Martin Oehmke (Columbia), Christian Opp (Wharton), George Pennacchi (Illinois), Adriano Rampini (Duke), Philipp Schnabl (NYU), Luke Taylor (Wharton), Venky Venkateswaran (NYU), Annete Vissing-Jorgensen (Berkeley), Russ Wermers (Maryland), Randy Wright (Wisconsin) and Motohiro Yogo (Princeton).