Remarks at 2010 CFA Institute Fixed Income Management Conference, Newport Beach, California.

Remarks at the National Association for Business Economics Policy Conference, Arlington, Virginia

Remarks at New York University's Stern School of Business, New York City.

Remarks by Brian P. Sack before the Money Marketeers of New York University, New York City.

Remarks at the National Association for Business Economics Policy Conference, Arlington, Virginia

Remarks by Brian P. Sack before the Money Marketeers of New York University, New York City.

Remarks at New York University's Stern School of Business, New York City.

We derive equilibrium pricing implications from an intertemporal capital asset pricing model where the tightness of financial intermediaries’ funding constraints enters the pricing kernel. We test the resulting factor model in the cross-section of stock returns. Our empirical results show that...

Remarks at 2010 CFA Institute Fixed Income Management Conference, Newport Beach, California.