Summary of All Sessions |
---|
Click here for an index of all participants |
Date/Time | Location | Title | Papers |
---|---|---|---|
July 10, 2013 9:00-10:40 | Port McNeill | A1: Heterogeneous Expectations | 3 |
July 10, 2013 9:00-10:40 | Port Hardy | A2: Applied Macro-Labor | 3 |
July 10, 2013 9:00-10:40 | Port Alberni | A3: Wage Dynamics and Labor Market Policies | 4 |
July 10, 2013 9:00-10:40 | Parksville | A4: Zero Lower Bound | 4 |
July 10, 2013 9:00-10:40 | Orca | A5: International Portfolio Choice | 4 |
July 10, 2013 9:00-10:40 | Finback | A6: Time Series Econometrics | 4 |
July 10, 2013 9:00-10:40 | Gulf Islands B/C/D | A7: Empirical Macro I | 4 |
July 10, 2013 9:00-10:40 | Beluga | A8: Sovereign Debt and Fiscal Policy | 4 |
July 10, 2013 11:10-12:50 | Port Alberni | B1: Agent-Based Modeling of Industrial Dynamics | 4 |
July 10, 2013 11:10-12:50 | Port Hardy | B2: Financial Frictions and Imperfect Knowledge | 4 |
July 10, 2013 11:10-12:50 | Beluga | B3: Term Structure of Interest Rates | 4 |
July 10, 2013 11:10-12:50 | Parksville | B4: Unemployment | 4 |
July 10, 2013 11:10-12:50 | Orca | B5: Fiscal Policy I | 4 |
July 10, 2013 11:10-12:50 | Finback | B6: Inflation Dynamics | 4 |
July 10, 2013 11:10-12:50 | Port McNeill | B7: Agent-based Models of Financial Markets | 3 |
July 10, 2013 11:10-12:50 | Gulf Islands B/C/D | B8: International Business Cycles | 3 |
July 10, 2013 11:10-12:50 | Azure | B9: Financial Econometrics | 4 |
July 10, 2013 16:15-17:55 | Parksville | C1: Economic Networks, Their Causes and Consequences: An Agent-Based Approach | 4 |
July 10, 2013 16:15-17:55 | Port Hardy | C2: Empirical Macro-Finance | 4 |
July 10, 2013 16:15-17:55 | Orca | C3: Labor Market Frictions and Financial Frictions | 4 |
July 10, 2013 16:15-17:55 | Finback | C4: Financial (In)stability | 4 |
July 10, 2013 16:15-17:55 | Port McNeill | C5: Financial Crises and Bubbles | 4 |
July 10, 2013 16:15-17:55 | Beluga | C6: Econometric Methods | 3 |
July 10, 2013 16:15-17:55 | Gulf Islands B/C/D | C7: Environmental Economics | 4 |
July 10, 2013 16:15-17:55 | Port Alberni | C8: Experimental Economics | 4 |
July 11, 2013 9:00-10:40 | Port Alberni | D1: Agent-Based Financial Markets | 4 |
July 11, 2013 9:00-10:40 | Port Hardy | D2: Monetary Policy and Adaptive Learning | 4 |
July 11, 2013 9:00-10:40 | Parksville | D3: The Great Recession | 4 |
July 11, 2013 9:00-10:40 | Orca | D4: The Distribution of Wealth | 4 |
July 11, 2013 9:00-10:40 | Finback | D5: Monetary Policy I | 4 |
July 11, 2013 9:00-10:40 | Gulf Islands B/C/D | D6: Models with Financial Frictions | 4 |
July 11, 2013 9:00-10:40 | Beluga | D7: Crises and Sovereign Defaults | 3 |
July 11, 2013 9:00-10:40 | Azure | D8: Risk Sharing with Frictions | 4 |
July 11, 2013 9:00-10:40 | Port McNeill | D9: Stochastic Volatility | 4 |
July 11, 2013 11:10-12:50 | Port Hardy | E1: Agent-Based Modeling of Social and Political Economy | 4 |
July 11, 2013 11:10-12:50 | Port McNeill | E2: Adaptive Learning: Theory and Applications | 4 |
July 11, 2013 11:10-12:50 | Port Alberni | E3: Credit, Capital and the Macro Economy | 4 |
July 11, 2013 11:10-12:50 | Parksville | E4: Labor Markets and Firm Dynamics | 4 |
July 11, 2013 11:10-12:50 | Orca | E5: Policy and Expectations | 4 |
July 11, 2013 11:10-12:50 | Finback | E6: Heterogeneity and International Trade | 4 |
July 11, 2013 11:10-12:50 | Gulf Islands B/C/D | E7: Housing Markets I | 4 |
July 11, 2013 11:10-12:50 | Beluga | E8: Topics in Macro | 4 |
July 11, 2013 11:10-12:50 | Azure | E9: Informational Frictions and Decision Making | 4 |
July 11, 2013 16:15-17:55 | Port Hardy | F1: Labor supply | 4 |
July 11, 2013 16:15-17:55 | Parksville | F2: Financial Frictions and Shocks | 4 |
July 11, 2013 16:15-17:55 | Orca | F3: Monetary Policy in Times of Crisis | 4 |
July 11, 2013 16:15-17:55 | Finback | F4: Macroeconomic Theory | 4 |
July 11, 2013 16:15-17:55 | Port Alberni | F5: Money, Credit, and Business Cycles | 4 |
July 11, 2013 16:15-17:55 | Gulf Islands B/C/D | F6: Housing Markets II | 4 |
July 11, 2013 16:15-17:55 | Port McNeill | F7: Computational Methods I | 4 |
July 11, 2013 16:15-17:55 | Beluga | F8: Interbank Loan Markets | 4 |
July 12, 2013 9:00-10:40 | Port Alberni | G1: Macroeconomic agent-based modelling | 4 |
July 12, 2013 9:00-10:40 | Parksville | G2: Nonlinear Models for Sovereign Risk and Exchange Rate Dynamics | 3 |
July 12, 2013 9:00-10:40 | Beluga | G3: Social Policy | 3 |
July 12, 2013 9:00-10:40 | Port Hardy | G4: Monetary Policy II | 4 |
July 12, 2013 9:00-10:40 | Orca | G5: Fiscal Policy II | 4 |
July 12, 2013 9:00-10:40 | Finback | G6: DSGE Modelling and Estimation | 4 |
July 12, 2013 9:00-10:40 | Gulf Islands B/C/D | G7: Macroeconomic Adjustments in Emerging Economies | 4 |
July 12, 2013 9:00-10:40 | Azure | G8: Computational Methods II | 4 |
July 12, 2013 9:00-10:40 | Port McNeill | G9: Growth | 4 |
July 12, 2013 11:10-12:50 | Port McNeill | H1: Macroeconomic Dynamics | 4 |
July 12, 2013 11:10-12:50 | Port Alberni | H2: Sentiment and Heterogeneous Expectations in Asset-pricing Models | 4 |
July 12, 2013 11:10-12:50 | Parksville | H3: Empirical Macro II | 4 |
July 12, 2013 11:10-12:50 | Port Hardy | H4: Regime Switching and Solution Methods | 4 |
July 12, 2013 11:10-12:50 | Orca | H5: Empirical Asset pricing | 4 |
July 12, 2013 11:10-12:50 | Finback | H6: Computational Methods III | 4 |
July 12, 2013 11:10-12:50 | Gulf Islands B/C/D | H7: Fiscal Policy III | 4 |
July 12, 2013 11:10-12:50 | Beluga | H8: Topics In Game Theory | 3 |
July 12, 2013 11:10-12:50 | Azure | H9: Asset Pricing | 4 |
July 12, 2013 16:00-17:15 | Port Alberni | I1: Local Interactions and Market Outcomes | 3 |
July 12, 2013 16:00-17:15 | Parksville | I2: Learning in Agent-Based Modeling | 3 |
July 12, 2013 16:00-17:15 | Port McNeill | I3: Uncertainty and Fiscal Policy | 3 |
July 12, 2013 16:00-17:15 | Port Hardy | I4: Home Production and Labor Supply | 3 |
July 12, 2013 16:00-17:15 | Orca | I5: Computational Methods IV | 3 |
July 12, 2013 16:00-17:15 | Finback | I6: Exchange Rates | 3 |
July 10, 2013 14:15-15:45 | Junior Ballroom | Plenary Session 1 sponsored by CEPREMAP | 1 |
July 11, 2013 14:15-15:45 | Junior Ballroom | Plenary Session 2 sponsored by JEDC | 1 |
July 12, 2013 14:15-15:30 | Junior Ballroom | Plenary Session 3 sponsored by Bank of Canada | 1 |
78 sessions, 288 papers, and 0 presentations with no associated papers |
---|
  |
---|
Society for Computational Economics - CEF 2013 |
Detailed List of Sessions |
Session: A1: Heterogeneous Expectations July 10, 2013 9:00 to 10:40 Port McNeill |
---|
Session Chair: Cars Hommes, University of Amsterdam |
TIME SERIES MOMENTUM AND MARKET STABILITY |
By KAI LI; University of Technology, Sydney Xue-Zhong He; University of Technology Sydney |
Presented by: KAI LI, University of Technology, Sydney |
Heterogeneous Expectations and Speculative Behavior in Insurance-linked Securities |
By Min Zheng; Central University of Finance and Economics |
Presented by: Min Zheng, Central University of Finance and Economics |
Heterogeneity in House Prices |
By Wilko Bolt; De Nederlandsche Bank N.V. Maria Demertzis; De Nederlandsche Bank Cees Diks; University of Amsterdam Cars Hommes; University of Amsterdam Marco Leij, van der; University of Amsterdam |
Presented by: Cars Hommes, University of Amsterdam |
Session: A2: Applied Macro-Labor July 10, 2013 9:00 to 10:40 Port Hardy |
Session Chair: Frank Caliendo, Utah State University |
Financial Cycles and Labor Productivity over the Business Cycle |
By Carlos Yepez; University of Manitoba |
Presented by: Carlos Yepez, University of Manitoba |
An Estimated Small Open Economy Model with Labor Market Frictions |
By Jeffrey Sheen; Macquarie University Ben Wang; Macquarie University |
Presented by: Ben Wang, Macquarie University |
Time Inconsistency and Retirement Choice |
By Frank Caliendo; Utah State University |
Presented by: Frank Caliendo, Utah State University |
Session: A3: Wage Dynamics and Labor Market Policies July 10, 2013 9:00 to 10:40 Port Alberni |
Session Chair: Alexandre Janiak, University of Chile |
Skill Prices Over the Business Cycle |
By Gonzalo Castex; Central Bank of Chile Evgenia Dechter; University of New South Wales |
Presented by: Gonzalo Castex, Central Bank of Chile |
Minimum wages strike back: the effects on capital and labor demands in a large-firm framework |
By Sofia Bauducco; Central Bank of Chile Alexandre Janiak; University of Chile |
Presented by: Sofia Bauducco, Central Bank of Chile |
The Replacement Rate, Unemployment and Wage Setting |
By Vesna Corbo; Uppsala University Andreas Westermark; Sveriges Riksbank |
Presented by: Andreas Westermark, Sveriges Riksbank |
EPL and capital-labor ratios |
By Alexandre Janiak; University of Chile |
Presented by: Alexandre Janiak, University of Chile |
Session: A4: Zero Lower Bound July 10, 2013 9:00 to 10:40 Parksville |
Session Chair: Roberto Billi, Sveriges Riksbank |
Global Dynamics at the Zero Lower Bound |
By William Gavin; Federal Reserve Bank of St. louis Benjamin Keen; University of Oklahoma Alexander Richter; Auburn University Nathaniel Throckmorton; Indiana University Bloomington |
Presented by: William Gavin, Federal Reserve Bank of St. louis |
Interest-Rate Lower Bound and Parameter Bias in an Estimated DSGE Model |
By Yasuo Hirose; Keio University Atsushi Inoue; North Carolina State University |
Presented by: Yasuo Hirose, Keio University |
Debt Deleveraging in a Time of Prolonged Stagnation: Fiscal Rules for Peggers in Pain |
By Guay Lim; university of melbourne Paul McNelis; Fordham University |
Presented by: Guay Lim, university of melbourne |
Nominal GDP Targeting and the Zero Lower Bound: Should We Abandon Inflation Targeting? |
By Roberto Billi; Sveriges Riksbank |
Presented by: Roberto Billi, Sveriges Riksbank |
Session: A5: International Portfolio Choice July 10, 2013 9:00 to 10:40 Orca |
Session Chair: Tommaso Trani, Universidad de Navarra |
Dynamic portfolio choice |
By Pablo Winant; London Business School |
Presented by: Pablo Winant, London Business School |
International Portfolios: A Comparison of Solution Methods |
By Katrin Rabitsch; Vienna Univ of Economics and Business Serhiy Stepanchuk; Magyar Nemzeti Bank Viktor Tsyrennikov; Cornell |
Presented by: Katrin Rabitsch, Vienna Univ of Economics and Business |
Evaluating International Financial Integration in a Center-Periphery Economy |
By Changhua Yu; University of International Business and Economics |
Presented by: Changhua Yu, University of International Business and Economics |
Country Portfolios with Heterogeneous Pledgeability |
By Tommaso Trani; Universidad de Navarra |
Presented by: Tommaso Trani, Universidad de Navarra |
Session: A6: Time Series Econometrics July 10, 2013 9:00 to 10:40 Finback |
Session Chair: Marian Vavra, National Bank of Slovakia |
Extended Yule-Walker Estimation of Vector Autoregressive Moving-Average Models with Mixed-Frequency Data |
By Peter Zadrozny; Bureau of Labor Statistics |
Presented by: Peter Zadrozny, Bureau of Labor Statistics |
Markov-Switching Mixed Frequency VAR Models |
By Claudia Foroni; Norges Bank Pierre Guerin; Bank of Canada Massimiliano Marcellino; European University Institute |
Presented by: Pierre Guerin, Bank of Canada |
An Information-Theoretic Test for Dependence with an Application to the Temporal Structure of Stock Returns |
By Pedro Vitoria; University of Oxford Galen Sher; University of Oxford |
Presented by: Pedro Vitoria, University of Oxford |
Testing Non-linearity Using a Modified Q Test |
By Marian Vavra; NBS |
Presented by: Marian Vavra, National Bank of Slovakia |
Session: A7: Empirical Macro I July 10, 2013 9:00 to 10:40 Gulf Islands B/C/D |
Session Chair: Michal Andrle, IMF |
Government Spending, Consumption, and the Extensive Investment Margin |
By Vivien Lewis; Catholic University Leuven Roland Winkler; TU Dortmund University |
Presented by: Roland Winkler, TU Dortmund University |
Do large recessions reduce output permanently? |
By Mehdi Hosseinkouchack; Goethe University Frankfurt Maik Wolters; Kiel Institute for the World Economy |
Presented by: Maik Wolters, Kiel Institute for the World Economy |
Moment Matching versus Bayesian Estimation: Backward-Looking Behaviour in a New-Keynesian Baseline Model |
By Reiner Franke; University of Kiel Tae-Seok Jang; Christian-Albrechts-University Kiel Stephen Sacht; University of Kiel / Kiel Institute for the World Economy |
Presented by: Stephen Sacht, University of Kiel / Kiel Institute for the World Economy |
System Priors: Formulating Priors about DSGE Models' System Properties |
By Michal Andrle; IMF |
Presented by: Michal Andrle, IMF |
Session: A8: Sovereign Debt and Fiscal Policy July 10, 2013 9:00 to 10:40 Beluga |
Session Chair: Alena Audzeyeva, Keele University |
Macroprudential policy and imbalances in the euro area |
By Michał Brzoza-Brzezina; National Bank of Poland Marcin Kolasa; National Bank of Poland Krzysztof Makarski; National Bank of Poland |
Presented by: Marcin Kolasa, National Bank of Poland |
The Transmission of US Financial Stress: Evidence for Emerging Market Economies |
By Fabian Fink; University of Konstanz Yves Stephan Schueler; University of Konstanz |
Presented by: Fabian Fink, University of Konstanz |
Is there evidence of twin crisis in the Europe? Banking crisis and Sovereign debt crisis |
By Fatemeh Mokhtarzadeh; Simon Fraser University |
Presented by: Fatemeh Mokhtarzadeh, Simon Fraser University |
The price of risk in sovereign Latin American debt: a term-structure perspective |
By Alena Audzeyeva; Keele University |
Presented by: Alena Audzeyeva, Keele University |
Session: B1: Agent-Based Modeling of Industrial Dynamics July 10, 2013 11:10 to 12:50 Port Alberni |
Session Chair: Wade Brorsen, Oklahoma State University |
Industrial Dynamics, Fluctuation and Growth in a Quality-Based, Agent-Based General Equilibrium Model |
By Shu-Heng Chen; National Chengchi University Bin-Tzong Chie; Tamkang University |
Presented by: Shu-Heng Chen, National Chengchi University |
Price-Quantity Competition with Risk-averse Firms |
By Dávid Kopányi; University of Amsterdam |
Presented by: Dávid Kopányi, University of Amsterdam |
Is the contracting a fair game for agents facing uncertainty ? |
By Tzuli Max Lin; Tunghai University Po-yuan Chen; Jinwen University of Science and Technology |
Presented by: Po-yuan Chen, Jinwen University of Science and Technology |
Private-Value Auction versus Posted-Price Selling: An Agent-Based Model Approach |
By Christopher Boyer; University of Tennessee Wade Brorsen; Oklahoma State University James Fain; Oklahoma State University |
Presented by: Wade Brorsen, Oklahoma State University |
Session: B2: Financial Frictions and Imperfect Knowledge July 10, 2013 11:10 to 12:50 Port Hardy |
Session Chair: Tiziana Assenza, Catholic University of Milan |
Asset Pricing with Heterogeneous Beliefs and Expectation Shocks |
By Christopher Elias; University of California Irvine |
Presented by: Christopher Elias, University of California Irvine |
Federal Reserve Announcements and Investor Beliefs |
By Arunima Sinha; Santa Clara University |
Presented by: Arunima Sinha, Santa Clara University |
Animal Spirits, Heterogeneous Expectations and the Amplification and Duration of Crises |
By Tiziana Assenza; Catholic University of Milan William Brock; University of Wisconsin, Madison Cars Hommes; University of Amsterdam |
Presented by: Tiziana Assenza, Catholic University of Milan |
Consistent Expectations and the Behavior of Exchange Rates |
By Kevin Lansing; Federal Reserve Bank of San Francisco and Norges Bank Jun Ma; University of Alabama |
Presented by: Jun Ma, The University of Alabama |
Session: B3: Term Structure of Interest Rates July 10, 2013 11:10 to 12:50 Beluga |
Session Chair: Francisco Palomino, University of Michigan |
Modeling the Term Structure of Interest Rates in a Dynamic Hierarchical Factor Model |
By Arne Halberstadt; Deutsche Bundesbank Keyvan Dehmamy; Frankfurt University |
Presented by: Arne Halberstadt, Deutsche Bundesbank |
Monetary Commitment and the Yield Curve |
By Alessia Campolmi; CEU & MNB Stefano Gnocchi; Universitat Autonoma de Barcelona Francesco Caprioli; Banca d'Italia |
Presented by: Alessia Campolmi, CEU & MNB |
Risk Premia, Macroeconomic Fundamentals and the Yield Curve at 8:30AM |
By Peter Hördahl; Bank for International Settlements Eli Remolona; Bank for International Settlements Giorgio Valente; Essex Business School |
Presented by: Peter Hördahl, Bank for International Settlements |
What do Nominal Rigidities and Monetary Policy tell us about the Real Yield Curve? |
By Francisco Palomino; University of Michigan |
Presented by: Francisco Palomino, University of Michigan |
Session: B4: Unemployment July 10, 2013 11:10 to 12:50 Parksville |
Session Chair: Stefania Villa, University of Foggia and K.U. Leuven |
Unemployment benefits and endogenous Beveridge cycles |
By Florian Sniekers; University of Amsterdam |
Presented by: Florian Sniekers, University of Amsterdam |
The Ins and Outs of Unemployment in the Long Run: Unemployment Flows and the Natural Rate |
By Murat Tasci; Federal Reserve Bank of Cleveland |
Presented by: Murat Tasci, Federal Reserve Bank of Cleveland |
Unemployment Crises |
By Nicolas Petrosky-Nadeau; Carnegie Mellon University Lu Zhang; The Ohio State University |
Presented by: Nicolas Petrosky-Nadeau, Carnegie Mellon University |
Re-distributive Effects and Labour Market Dynamcs |
By Stefania Villa; University of Foggia and K.U. Leuven Federico Di Pace; University of St Andrews |
Presented by: Stefania Villa, University of Foggia and K.U. Leuven |
Session: B5: Fiscal Policy I July 10, 2013 11:10 to 12:50 Orca |
Session Chair: Laura Jackson, University of North Carolina at Chapel Hill |
Ramsey Policy with Endogenous Government Spending: the Gains from Taxing Consumption |
By Raffaele Rossi; University of Lancaster Giorgio Motta; Lancaster University |
Presented by: Raffaele Rossi, University of Lancaster |
Separating the Wheat from the Chaff: A Disaggregate Analysis of the E¤ects of Public Spending in the U.S. |
By Michel Normandin; HEC Montreal |
Presented by: Michel Normandin, HEC Montreal |
Imperfect competition and Optimal Taxation |
By Andrea Colciago; University of Milano Bicocca |
Presented by: Andrea Colciago, University of Milano Bicocca |
Countercyclical Policy and the Speed of Recovery After Recessions |
By Neville Francis; University of North Carolina at Chapel Hil Laura Jackson; University of North Carolina at Chapel Hill Michael Owyang; Federal Reserve Bank of St Louis |
Presented by: Laura Jackson, University of North Carolina at Chapel Hill |
Session: B6: Inflation Dynamics July 10, 2013 11:10 to 12:50 Finback |
Session Chair: Tetsushi Murao, Kyushu University |
Noncausality and Inflation Persistence |
By Markku Lanne; University of Helsinki |
Presented by: Markku Lanne, University of Helsinki |
What helps forecast U.S. Inflation?- Mind the Gap! |
By Enrique Martinez-Garcia; Federal Reserve Bank of Dallas Ayse Kabukcuoglu; University of Texas at Austin |
Presented by: Enrique Martinez-Garcia, Federal Reserve Bank of Dallas |
Forecasting Euro Area Inflation with the Phillips Curve |
By Marta Banbura; European Central Bank Harun Mirza; University of Bonn |
Presented by: Marta Banbura, European Central Bank |
The Long-run Phillips Curve in the Dual Economy with Incomplete Insurance Markets |
By Tetsushi Murao; Kyushu University |
Presented by: Tetsushi Murao, Kyushu University |
Session: B7: Agent-based Models of Financial Markets July 10, 2013 11:10 to 12:50 Port McNeill |
Session Chair: Blake LeBaron, Brandeis University |
Learning and information dissemination in limit order markets |
By Lijian Wei; University of Technology Sydney Wei Zhang; Tianjin University Xue-Zhong He; University of Technology Sydney Yongjie Zhang; Tianjin University |
Presented by: Lijian Wei, University of Technology Sydney |
Ordersplitting under Individual Evolutionary Learning in a Continuous Double Auction |
By Michiel van de Leur; University of Amsterdam (Universität Bielefeld/Universita ca Foscari Venezia) Mikhail Anufriev; University of Technology, Sydney |
Presented by: Michiel van de Leur, University of Amsterdam (Universität Bielefeld/Universita ca Foscari Venezia) |
Heterogeneous Agents and Long Horizon Features of Asset Prices |
By Blake LeBaron; Brandeis University |
Presented by: Blake LeBaron, Brandeis University |
Session: B8: International Business Cycles July 10, 2013 11:10 to 12:50 Gulf Islands B/C/D |
Session Chair: Drago Bergholt, BI Norwegian Business School |
The Cost of Adjustment: On Comovement between the Trade Balance and the Terms of Trade |
By Alexandre Dmitriev; University of Tasmania Ivan Roberts; Reserve Bank of Australia |
Presented by: Alexandre Dmitriev, University of Tasmania |
Investment-Specific Technology Shocks and Recursive Preferences |
By Hakon Tretvoll; BI Norwegian Business School |
Presented by: Hakon Tretvoll, BI Norwegian Business School |
Inter-Firm Trade and Business Cycles Co-Movement in Small Open Economies |
By Drago Bergholt; BI Norwegian Business School Tommy Sveen; BI Norwegian Business School |
Presented by: Drago Bergholt, BI Norwegian Business School |
Session: B9: Financial Econometrics July 10, 2013 11:10 to 12:50 Azure |
Session Chair: Sermin Gungor, Bank of Canada |
Estimating an Equilibrium Model of Limit Order Markets |
By Thomas Ruchti; California Institute of Technology |
Presented by: Thomas Ruchti, California Institute of Technology |
Intraday Price Discovery in Fragmented Markets: A State Space Approach |
By Sait Ozturk; Erasmus University Rotterdam Michel van der Wel; Erasmus University Rotterdam Dick van Dijk; Erasmus University Rotterdam |
Presented by: Sait Ozturk, Erasmus University Rotterdam |
Arbitrage-Free Call Option Surface Construction Using Regression Splines |
By Greg Orosi; American University of Sharjah |
Presented by: Greg Orosi, American University of Sharjah |
Multivariate tests of mean-variance efficiency and spanning with a large number of assets and time-varying covariances |
By Sermin Gungor; Bank of Canada Richard Luger; Georgia State University |
Presented by: Sermin Gungor, Bank of Canada |
Session: C1: Economic Networks, Their Causes and Consequences: An Agent-Based Approach July 10, 2013 16:15 to 17:55 Parksville |
Session Chair: Peter Anselmo, New Mexico Institute of Mining and Tech |
Network, imitation, and market size |
By Chia-Hsuan Yeh; Yuan Ze University Chun-Yi Yang; George Mason University |
Presented by: Chia-Hsuan Yeh, Yuan Ze University |
How do social networks contribute to wage inequality? Insights from an agent-based analysis |
By Herbert Dawid; University of Bielefeld Simon Gemkow; Bielefeld University |
Presented by: Herbert Dawid, University of Bielefeld |
Liquidity Risk Contagion in European Interbank Network |
By Iris Lucas; ECE PARIS Nicolas Schomberg; ECE PARIS Florent Aurélien Couturier Crouzillac; ECE PARIS Vadim Turpyn; ECE PARIS Abdellah Bourhad; ECE PARIS |
Presented by: Iris Lucas, ECE PARIS |
Network Formation and Community Structure in a Simulated Banking System |
By Peter Anselmo; New Mexico Institute of Mining and Tech |
Presented by: Peter Anselmo, New Mexico Institute of Mining and Tech |
Session: C2: Empirical Macro-Finance July 10, 2013 16:15 to 17:55 Port Hardy |
Session Chair: Sung-Jin Cho, Seoul National University |
Time variation in macro-financial linkages |
By Esteban Prieto; University of Tuebingen Sandra Eickmeier; Deutsche Bundesbank Massimiliano Marcellino; European University Institute |
Presented by: Sandra Eickmeier, Deutsche Bundesbank |
Common determinants of corporate surplus and investments in the OECD economies: a balance sheet recession? |
By Matteo Alpino; European Central Bank Giulio Nicoletti; European Central Bank |
Presented by: Giulio Nicoletti, European Central Bank |
Atypical Behavior of Credit: Evidence from a Monetary VAR |
By Elena Afanasyeva; Goethe University Frankfurt |
Presented by: Elena Afanasyeva, Goethe University Frankfurt |
Pre-Commitment as Self-Control: Evidence from Credit Card Borrowing |
By Sung-Jin Cho; Seoul National University John Rust; Georgetown University |
Presented by: Sung-Jin Cho, Seoul National University |
Session: C3: Labor Market Frictions and Financial Frictions July 10, 2013 16:15 to 17:55 Orca |
Session Chair: Jun Nie, Federal Reserve Bank of Kansas City |
Labor Market Dynamics With Search Frictions: Impact of Financing Constraints Due to Moral Hazard During Severe Economic Downturns |
By Manoj Atolia; Florida State University John Gibson; Florida State University Milton Marquis; Florida State University |
Presented by: Manoj Atolia, Florida State University |
Job Search and the Age-Inequality Profile |
By Petra Marotzke; University of Konstanz |
Presented by: Petra Marotzke, University of Konstanz |
Assessing the empirical relevance of labor frictions to business cycle fluctuations |
By Joao Madeira; University of Exeter |
Presented by: Joao Madeira, University of Exeter |
Education, Human Capital and U.S. Labor Market Dynamics |
By Lei Fang; Federal Resereve Bank of Atlanta Jun Nie; Federal Reserve Bank of Kansas City |
Presented by: Jun Nie, Federal Reserve Bank of Kansas City |
Session: C4: Financial (In)stability July 10, 2013 16:15 to 17:55 Finback |
Session Chair: Michael Owyang, Federal Reserve Bank of St Louis |
Managing Financial Crises: Lean or Clean? |
By Ryo Kato; Bank of Japan Mitsuru Katagiri; Bank of Japan Takayuki Tsuruga; Kyoto Unviersity |
Presented by: Ryo Kato, Bank of Japan |
Margin Regulation and Volatility |
By Johannes Brumm; University of Zurich Michael Grill; Deutsche Bundesbank Felix Kubler; IBF, University of Zurich and Swiss Finance Institute Karl Schmedders; University of Zurich |
Presented by: Michael Grill, Deutsche Bundesbank |
Increasing Financial Stability with Monetary Policy and Redistributive Taxation - An Investigation in an Agent-Based Model with Income Inequality and Debt Constraints |
By Thomas Fischer; TU Darmstadt |
Presented by: Thomas Fischer, TU Darmstadt |
Measuring Financial Stress with a Factor-Augmented Smooth Transition VAR |
By Ana Beatriz Galvao; Queen Mary, University of London Michael Owyang; Federal Reserve Bank of St Louis |
Presented by: Michael Owyang, Federal Reserve Bank of St Louis |
Session: C5: Financial Crises and Bubbles July 10, 2013 16:15 to 17:55 Port McNeill |
Session Chair: Tomasz Makarewicz, University of Amsterdam |
Early Warning Signals for Critical Transitions in Finance |
By Cees Diks; University of Amsterdam Cars Hommes; University of Amsterdam Juanxi WANG; University of Amsterdam |
Presented by: Cars Hommes, University of Amsterdam |
Melting down: Systemic financial instability and the macroeconomy |
By Philipp Hartmann; European Central Bank and CEPR Kirstin Hubrich; European Central Bank Manfred Kremer; European Central Bank Robert Tetlow; Federal Reserve Board |
Presented by: Robert Tetlow, Federal Reserve Board |
Basel III and the Prediction of Financial Crises |
By Simon van Norden; HEC Montréal Marc Wildi; ZHAW |
Presented by: Simon van Norden, HEC Montréal |
Price Dynamics and Bubble Formation in Learning-to-Forecast and -Optimize Experiments |
By Te Bao; University of Amsterdam Cars Hommes; University of Amsterdam Tomasz Makarewicz; University of Amsterdam |
Presented by: Tomasz Makarewicz, University of Amsterdam |
Session: C6: Econometric Methods July 10, 2013 16:15 to 17:55 Beluga |
Session Chair: Stefan Klößner, Saarland University |
Bootstrap Stationarity Test with an Application to Purchasing Power Parity |
By Emre Aylar; University of Washington |
Presented by: Emre Aylar, University of Washington |
Statistical Test Inversion and Numerical Projections with Particle Swarm Optimization |
By Zhenjiang Lin; Carleton University Lynda Khalaf; Carleton University |
Presented by: Zhenjiang Lin, Carleton University |
Robustness and Computation of Spillover Measures for Financial Asset Returns and Volatilities |
By Stefan Klößner; Saarland University Sven Wagner; Saarland University |
Presented by: Stefan Klößner, Saarland University |
Session: C7: Environmental Economics July 10, 2013 16:15 to 17:55 Gulf Islands B/C/D |
Session Chair: Katsuyuki Shibayama, University of Kent at Canterbury |
Optimal environmental policy in the presence of multiple equilibria and reversible hysteresis |
By Pim Heijnen; University of Groningen Ben Heijdra; University of Groningen |
Presented by: Ben Heijdra, University of Groningen |
Obstinate or Optimal? A Macroeconomic Analysis of Climate Policy Incentives |
By Stephie Fried; UC San Diego |
Presented by: Stephie Fried, UC San Diego |
Second-Best Environmental Taxation In Dynamic Models Without Commitment |
By Alex Schmitt; Stockholm University |
Presented by: Alex Schmitt, Stockholm University |
A General Equilibrium Model of Environmental Option Values |
By Iain Fraser; university of kent Katsuyuki Shibayama; University of Kent at Canterbury |
Presented by: Katsuyuki Shibayama, University of Kent at Canterbury |
Session: C8: Experimental Economics July 10, 2013 16:15 to 17:55 Port Alberni |
Session Chair: Momo Deretic, UBC Sauder school of business |
Experimental Evidence of Bank Runs as Pure Coordination Failures: Do Sunspots matter? |
By Jasmina Arifovic; Simon Fraser University |
Presented by: Jasmina Arifovic, Simon Fraser University |
Expectations Channel of Monetary Policy: Experimental Evidence |
By Luba Petersen; Simon Fraser University |
Presented by: Luba Petersen, Simon Fraser University |
Paying for Express Checkout: Competition and Price-Discrimination in Multi-Server Queuing Systems |
By Erik Kimbrough; Simon Fraser University |
Presented by: Erik Kimbrough, Simon Fraser University |
Correcting for Optimism Bias in Entrepreneurial Prediction Markets- An Experiment |
By Momo Deretic; UBC Sauder school of business |
Presented by: Momo Deretic, UBC Sauder school of business |
Session: D1: Agent-Based Financial Markets July 11, 2013 9:00 to 10:40 Port Alberni |
Session Chair: Valentyn Panchenko, UNSW |
What are the driving forces of market performance, market structure,agents’ intelligence, or both? |
By Viktor Manahov; Newcastle University Robert Hudson; Newcastle University Mona Soufian; Northumbria University |
Presented by: Viktor Manahov, Newcastle University |
Overconfidence in Credit Card Markets - An Agent-based Approac |
By Dietmar Maringer; WWZ University of Basel Susan Kriete-Dodds; WWZ University of Basel |
Presented by: Dietmar Maringer, WWZ University of Basel |
Portfolio Optimization under Market Impact Costs |
By Christian Oesch; University of Basel Dietmar Maringer; WWZ University of Basel |
Presented by: Christian Oesch, University of Basel |
Asset Price Dynamics with Heterogeneous Beliefs and Local Network Interactions |
By Valentyn Panchenko; UNSW |
Presented by: Valentyn Panchenko, UNSW |
Session: D2: Monetary Policy and Adaptive Learning July 11, 2013 9:00 to 10:40 Port Hardy |
Session Chair: George Waters, Illinois State University |
Informational effects of Monetary Policy |
By Giuseppe Ferrero; Bank of Italy |
Presented by: Giuseppe Ferrero, Bank of Italy |
Commitment and Heterogeneous Expectations |
By George Waters; Illinois State University |
Presented by: George Waters, Illinois State University |
Robust monetary policy under model uncertainty and learning in a Phillips curve framework |
By Francesca Rondina; CSIC |
Presented by: Francesca Rondina, CSIC |
Policy Change and Global Taylor Rules with Adaptive Expectations |
By Atanas Christev; Heriot-Watt University Sergey Slobodyan; CERGE-EI |
Presented by: Atanas Christev, Heriot-Watt University |
Session: D3: The Great Recession July 11, 2013 9:00 to 10:40 Parksville |
Session Chair: William Peterman, Federal Reserve Board of Governors |
Long-Term Dynamics of Housing Price and Quantity |
By Weicheng Lian; Princeton University |
Presented by: Weicheng Lian, Princeton University |
Kiss Me Deadly: From Finnish Great Depression to Great Recession |
By Adam Gulan; Bank of Finland Markus Haavio; Bank of Finland Juha Kilponen; Bank of Finland |
Presented by: Juha Kilponen, Bank of Finland |
Bank Lending Channels During the Great Recession |
By Seung Lee; Board of Governors of the Federal Reserve System Viktors Stebunovs; Board of Governors of the Federal Reserve System |
Presented by: Viktors Stebunovs, Board of Governors of the Federal Reserve System |
How Well Did Social Security Mitigate the Effects of the Great Recession? |
By William Peterman; Federal Reserve Board of Governors Kamila Sommer; Federal Reserve Board |
Presented by: William Peterman, Federal Reserve Board of Governors |
Session: D4: The Distribution of Wealth July 11, 2013 9:00 to 10:40 Orca |
Session Chair: Jiri Slacalek, European Central Bank |
Endogenous Growth, the Distribution of Wealth, and Optimal Policy under Incomplete Markets and Idiosyncratic Risk |
By Christiane Clemens; Bielefeld University Maik Heinemann; Potsdam University |
Presented by: Christiane Clemens, Bielefeld University |
An Overlapping Generations Economy with Religiosity |
By Laurent Cellarier; University of Guelph Michael Batu; University of Guelph |
Presented by: Michael Batu, University of Guelph |
Instability and Concentration in the Distribution of Wealth |
By Ricardo Fernholz; Claremont McKenna College Robert Fernholz; INTECH |
Presented by: Ricardo Fernholz, Claremont McKenna College |
Wealth Inequality and the Marginal Propensity to Consume |
By Christopher Carroll; The Johns Hopkins University Jiri Slacalek; European Central Bank Kiichi Tokuoka; International Monetary Fund |
Presented by: Jiri Slacalek, European Central Bank |
Session: D5: Monetary Policy I July 11, 2013 9:00 to 10:40 Finback |
Session Chair: Andrew Foerster, Federal Reserve Bank of Kansas City |
Endogenous Monetary Policy Shifts and the Term Structure: Evidence from Japanese Government Bond Yields |
By Junko Koeda; University of Tokyo |
Presented by: Junko Koeda, University of Tokyo |
Large Shocks in Menu Cost Models |
By Peter Karadi; European Central Bank Adam Reiff; European Central Bank |
Presented by: Adam Reiff, European Central Bank |
How Optimal is US Monetary Policy? |
By Xiaoshan Chen; University of Stirling Tatiana Kirsanova; University of Glasgow Campbell Leith; University of Glasgow |
Presented by: Xiaoshan Chen, University of Stirling |
Monetary Policy Regime Switches and Macroeconomic Dynamics |
By Andrew Foerster; Federal Reserve Bank of Kansas City |
Presented by: Andrew Foerster, Federal Reserve Bank of Kansas City |
Session: D6: Models with Financial Frictions July 11, 2013 9:00 to 10:40 Gulf Islands B/C/D |
Session Chair: José Dorich, Bank of Canada |
Liquidity constraints, risk premia, and the macroeconomic effects of liquidity shocks |
By Ivan Jaccard; European Central Bank |
Presented by: Ivan Jaccard, European Central Bank |
Optimal Monetary Policy Rules and House Prices: The Role of Financial Frictions |
By Alessandro Notarpietro; Bank of Italy |
Presented by: Alessandro Notarpietro, Bank of Italy |
Consumption externalities and monetary policy with limited asset market participation |
By Marco Airaudo; Drexel University, LeBow Business School Luca Bossi; University of Pennsylvania |
Presented by: Luca Bossi, University of Pennsylvania |
Do movements in term premium affect credit risk? |
By José Dorich; Bank of Canada Sami Alpanda; Bank of Canada |
Presented by: José Dorich, Bank of Canada |
Session: D7: Crises and Sovereign Defaults July 11, 2013 9:00 to 10:40 Beluga |
Session Chair: Christopher Gunn, Carleton University |
Sovereign Defaults and Interest Rate Spread in the Presence of Self Control Problem |
By Li Li; University of Toronto |
Presented by: Li Li, University of Toronto |
Discretionary Monetary and Fiscal Policy with Endogenous Sovereign Default |
By Joost Roettger; TU Dortmund University |
Presented by: Joost Roettger, TU Dortmund University |
Fear of Sovereign Default, Banks, and Expectations-driven Business Cycles |
By Christopher Gunn; Carleton University Alok Johri; McMaster University |
Presented by: Christopher Gunn, Carleton University |
Session: D8: Risk Sharing with Frictions July 11, 2013 9:00 to 10:40 Azure |
Session Chair: Stanimir Morfov, State University - Higher School of Economics |
Moral Hazard and Lack of Commitment in Dynamic Economies |
By Alexander Karaivanov; Simon Fraser University Fernando Martin; Federal Reserve Bank of St. Louis |
Presented by: Alexander Karaivanov, Simon Fraser University |
Matching to Share Risk without Commitment |
By Johannes Gierlinger; Universitat Autònoma de Barcelona Sarolta Laczo; Institute for Economic Analysis (IAE-CSIC) and Barcelona GSE |
Presented by: Sarolta Laczo, Institut d'Analisi Economica (IAE-CSIC) and Barcelona GSE |
On the Optimal Tax Policy in a Model with Uninsurable Idiosyncratic Shocks |
By Sebastian Dyrda; University of MInnesota Marcelo Zouain Pedroni; University of Minnesota |
Presented by: Sebastian Dyrda, University of MInnesota |
Dynamic Wage Bounds, Myopia, and Limited Commitment |
By Stanimir Morfov; State University - Higher School of Economics |
Presented by: Stanimir Morfov, State University - Higher School of Economics |
Session: D9: Stochastic Volatility July 11, 2013 9:00 to 10:40 Port McNeill |
Session Chair: Carl Chiarella, University of Technology Sydney |
Modelling Volatility Spillover Effects Between Emerging Asian Stock Markets and Developed Stock Markets |
By Yanan Li; University of Victoria David Giles; University of Victoria |
Presented by: Yanan Li, University of Victoria |
Selection criteria in regime switching conditional volatility models |
By Thomas Chuffart; Aix Marseille University |
Presented by: Thomas Chuffart, Aix Marseille University |
Bootstrapping tests for jumps with an application to test averaging |
By Ana-Maria Dumitru; University of Surrey |
Presented by: Ana-Maria Dumitru, University of Surrey |
Credit Derivatives Pricing with Stochastic Volatility Models |
By Carl Chiarella; University of Technology Sydney Christina Nikitopoulos Sklibosios; University of Technology Sydney Samuel Maina; E.ON Energy Trading SE |
Presented by: Carl Chiarella, University of Technology Sydney |
Session: E1: Agent-Based Modeling of Social and Political Economy July 11, 2013 11:10 to 12:50 Port Hardy |
Session Chair: Andreas Duus Pape, SUNY Binghamton |
An Agent based Simulation for Social Exclusion and its Effect on Future Generations |
By Masatoshi Murakami; Kyoto University, RISS Kansai University Noriyuki Tanida; Kansai University |
Presented by: Masatoshi Murakami, Kyoto University, RISS Kansai University |
Screening Discrimination in a Broader Context |
By James Fain; Oklahoma State University |
Presented by: James Fain, Oklahoma State University |
Who Creates the Housing Bubble? An Agent-Based Study |
By JIAQI GE; Iowa State University |
Presented by: JIAQI GE, Iowa State University |
Empirical Evidence of Voter Support for Property Tax Limits due to Uncertainty: A Tale of Two Cities |
By Andreas Duus Pape; SUNY Binghamton |
Presented by: Andreas Duus Pape, SUNY Binghamton |
Session: E2: Adaptive Learning: Theory and Applications July 11, 2013 11:10 to 12:50 Port McNeill |
Session Chair: Christina Steiger, Northeastern University |
On the initialization of adaptive learning algorithms: A review of methods and a new smoothing-based routine |
By Michele Berardi; University of Manchester Jaqueson Galimberti; The University of Manchester |
Presented by: Jaqueson Galimberti, The University of Manchester |
Learning About Future Oil Prices |
By Sylvain Leduc; Federal Reserve Bank of San Francisco Kevin Moran; Université Laval Robert J. Vigfusson; Federal Reserve Board |
Presented by: Kevin Moran, Université Laval |
Consumer Attitudes and the Epidemiology of Inflation Expectations |
By Michael Ehrmann; ECB Damjan Pfajfar; CentER, EBC, University of Tilburg Emiliano Santoro; University of Copenhagen |
Presented by: Damjan Pfajfar, CentER, EBC, University of Tilburg |
Escaping the Poverty Trap: Expectations, Econometric Learning and Human Capital Accumulation |
By Christina Steiger; Northeastern University |
Presented by: Christina Steiger, Northeastern University |
Session: E3: Credit, Capital and the Macro Economy July 11, 2013 11:10 to 12:50 Port Alberni |
Session Chair: Tatiana Damjanovic, University of Exeter |
A frontier measure of US banking competition |
By Wilko Bolt; De Nederlandsche Bank N.V. David Humphrey; Florida State University |
Presented by: Wilko Bolt, De Nederlandsche Bank N.V. |
Capital Structure Decisions: Insights from Private Firms |
By Kim Huynh; Bank of Canada Teodora Paligorova; Bank of Canada Robert Petrunia; Lakehead Universtiy |
Presented by: Robert Petrunia, Lakehead Universtiy |
Credit Spread and Capital Structure in A Margin-based Structural Model |
By Xue-Zhong He; University of Technology Sydney Eva Lütkebohmert; University of Freiburg Yajun Xiao; University of Technology, Sydney |
Presented by: Yajun Xiao, University of Technology, Sydney |
Universal banking, competition and risk in a macro model |
By Tatiana Damjanovic; University of Exeter Vladislav Damjanovic; University of Exeter Business School Charles Nolan; University of Glasgow |
Presented by: Tatiana Damjanovic, University of Exeter |
Session: E4: Labor Markets and Firm Dynamics July 11, 2013 11:10 to 12:50 Parksville |
Session Chair: Lorenza Rossi, University of Pavia |
Customer Driven Establishment Dynamics and Allocative Efficiency |
By Allen Tran; UCLA |
Presented by: Allen Tran, UCLA |
Firm Entry and Employment Dynamics in the Great Recession |
By Michael Siemer; Boston University |
Presented by: Michael Siemer, Boston University |
Dynamics of Factor Productivity Dispersions |
By Christian Bayer; Universitaet Bonn Ariel Mecikovsky; Bonn Graduate School of Economics Matthias Meier; Bonn Graduate School of Economics |
Presented by: Matthias Meier, Bonn Graduate School of Economics |
Firm Entry, Endogenous Markups and the Dynamics of the Labor Share of Income |
By Lorenza Rossi; University of Pavia (P.IVA 00462870189) |
Presented by: Lorenza Rossi, University of Pavia |
Session: E5: Policy and Expectations July 11, 2013 11:10 to 12:50 Orca |
Session Chair: Murat Yildizoglu, Université Bordeaux IV |
Policy announcements in the new Keynesian model with heterogeneous expectations |
By Herbert Dawid; University of Bielefeld Marcin Wolski; University of Amsterdam |
Presented by: Marcin Wolski, University of Amsterdam |
Economic Policy Uncertainty, Trust and Inflation Expectations |
By Klodiana Istrefi; Goethe University Frankfurt Anamaria Piloiu; Goethe University Frankfurt |
Presented by: Anamaria Piloiu, Goethe University Frankfurt |
How credible is the Federal Reserve?:A structural estimation of policy re-optimizations |
By Davide Debortoli; University of California, San Diego Aeimit Lakdawala; Michigan State University |
Presented by: Aeimit Lakdawala, Michigan State University |
How Transparent Should a Central Bank be? an Agent-Based Model Assessment |
By Isabelle Salle; Université Bordeaux IV Marc-Alexandre Senegas; University Bordeaux IV Murat Yildizoglu; Université Bordeaux IV |
Presented by: Murat Yildizoglu, Université Bordeaux IV |
Session: E6: Heterogeneity and International Trade July 11, 2013 11:10 to 12:50 Finback |
Session Chair: Illenin Kondo, Federal Reserve Board |
Endogenous Trade Participation with Incomplete Exchange Rate Pass-Through |
By Yuko Imura; Bank of Canada |
Presented by: Yuko Imura, Bank of Canada |
The Effects of International Financial Integration in a Model with Heterogeneous Firms and Credit Frictions |
By Christiane Clemens; Bielefeld University Maik Heinemann; Potsdam University |
Presented by: Maik Heinemann, Potsdam University |
Export Market Diversication and Productivity Improvements: Theory and Evidence From Argentinean Firms |
By Luciana Juvenal; Federal Reserve Bank of St. Louis Paulo Santos Monteiro; University of Warwick |
Presented by: Luciana Juvenal, Federal Reserve Bank of St. Louis |
Trade Reforms, Foreign Competition, and Labor Market Adjustments in the U.S |
By Illenin Kondo; Federal Reserve Board |
Presented by: Illenin Kondo, Federal Reserve Board |
Session: E7: Housing Markets I July 11, 2013 11:10 to 12:50 Gulf Islands B/C/D |
Session Chair: Tao Peng, Southwestern University of Finance and Economics |
An Equilibrium Analysis of the Rise in House Prices and Mortgage Debt |
By Shaofeng Xu; Bank of Canada |
Presented by: Shaofeng Xu, Bank of Canada |
House Price Dynamics: Fundamentals and Expectations |
By Eleonora Granziera; Bank of Canada |
Presented by: Eleonora Granziera, Bank of Canada |
Loan-to-Value Ratios and Life-Cycle Housing Decisions |
By Brant Abbott; University of British Columbia |
Presented by: Brant Abbott, University of British Columbia |
Housing Demand Shocks, Keeping Up with the Zhangs and Housing Price Dynamics in China |
By Raoul Minetti; Michigan State University Tao Peng; Southwestern University of Finance and Economics |
Presented by: Tao Peng, Southwestern University of Finance and Economics |
Session: E8: Topics in Macro July 11, 2013 11:10 to 12:50 Beluga |
Session Chair: Hilde Bjornland, Norwegian Business School |
Comparing Solution Methods For Economies with Fixed Costs |
By Christoph Gortz; University of Nottingham Afrasiab Mirza; University of Birmingham |
Presented by: Afrasiab Mirza, University of Birmingham |
Welfare Cost of Inflation with Collateral Constraints |
By Krzysztof Makarski; National Bank of Poland |
Presented by: Krzysztof Makarski, National Bank of Poland |
Economic Effects of Work-Oriented Welfare Policies in the Presence of Uncertainty on Job Opportunity |
By Young Jun Chun; Hanyang University |
Presented by: Young Jun Chun, Hanyang University |
Do Central Banks respond to exchange rate movements? A Markov-Switching structural investigation |
By Ragna Alstadheim; Norges Bank Hilde Bjornland; Norwegian Business School Junior Maih; International Monetary Fund |
Presented by: Hilde Bjornland, Norwegian Business School |
Session: E9: Informational Frictions and Decision Making July 11, 2013 11:10 to 12:50 Azure |
Session Chair: Yulei Luo, University of Hong Kong |
Informational Frictions, Induced Uncertainty, and Aggregate Wealth Accumulation |
By Yulei Luo; University of Hong Kong |
Presented by: Yulei Luo, University of Hong Kong |
Too Much of a Good Thing: Attention Misallocation and Social Welfare in Coordination Games |
By Heng Chen; University of Hong Kong Yulei Luo; University of Hong Kong GUANGYU PEI; Stockholm University |
Presented by: GUANGYU PEI, Stockholm University |
An Escape Time Interpretation of Robust Control |
By In-Koo Cho; University of Illinois Kenneth Kasa; Simon Fraser University |
Presented by: In-Koo Cho, University of Illinois |
Solving nonlinear stochastic optimal control problems using evolutionary heuristic optimization |
By Ivan Savin; Friedrich Schiller University Jena and Max Planck Institute of Economics Dmitri Blueschke; Klagenfurt University |
Presented by: Ivan Savin, Friedrich Schiller University Jena and Max Planck Institute of Economics |
Session: F1: Labor supply July 11, 2013 16:15 to 17:55 Port Hardy |
Session Chair: Michael Reiter, Institute for Advanced Studies |
Marriage Stability, Taxation and Aggregate Labor Supply in the U.S. vs. Europe |
By Serhiy Stepanchuk; Magyar Nemzeti Bank |
Presented by: Serhiy Stepanchuk, Magyar Nemzeti Bank |
Fixed Costs, Work Schedules and the Elasticity of Labor Supply |
By Evgenia Dechter; University of New South Wales |
Presented by: Evgenia Dechter, University of New South Wales |
The Aggregate Implications of Labor Supply Near Retirement |
By Jose Mustre-del-Rio; Federal Reserve Bank of Kansas City William Peterman; Federal Reserve Board of Governors |
Presented by: Jose Mustre-del-Rio, Federal Reserve Bank of Kansas City |
The Surplus of Having a Job |
By Michael Reiter; Institute for Advanced Studies |
Presented by: Michael Reiter, Institute for Advanced Studies |
Session: F2: Financial Frictions and Shocks July 11, 2013 16:15 to 17:55 Parksville |
Session Chair: Sergio Salas, Central Bank of Chile |
Forecasting with DSGE models with financial frictions |
By Marcin Kolasa; National Bank of Poland Michal Rubaszek; National Bank of Poland |
Presented by: Marcin Kolasa, National Bank of Poland |
Financial frictions and robust monetary policy in the models of New Keynesian framework |
By Ekaterina Pirozhkova; Birkbeck College, University of London |
Presented by: Ekaterina Pirozhkova, Birkbeck College, University of London |
Financial Shocks and the Natural Rate: A role for money in Taylor rules |
By John Keating; University of Kansas Lee Smith; University of Kansas |
Presented by: Lee Smith, University of Kansas |
Financial Frictions and the Welfare Costs of a Liquidity Crunch |
By Sergio Salas; Central Bank of Chile |
Presented by: Sergio Salas, Central Bank of Chile |
Session: F3: Monetary Policy in Times of Crisis July 11, 2013 16:15 to 17:55 Orca |
Session Chair: Malik Shukayev, Bank of Canada |
Monetary Policy Modelling in Times of Financial Turmoil: The Case of Sveriges Riksbank |
By Stefan Laseen; Sveriges Riksbank |
Presented by: Stefan Laseen, Sveriges Riksbank |
Risks to Price Stability and the Zero Lower Bound: A Real-Time Assessment for the Euro Area |
By Günter Coenen; European Central Bank Anders Warne; European Central Bank |
Presented by: Günter Coenen, European Central Bank |
The Effects of Quantitative Easing in an Estimated DSGE Model of the US Economy |
By Benjamin Niestroj; TU Dortmund University Andreas Schabert; TU Dortmund University Roland Winkler; TU Dortmund University |
Presented by: Benjamin Niestroj, TU Dortmund University |
Interest Rate Policy and Financial Regulation: How to Control Excessive Risk Taking? |
By Simona Cociuba; University of Western Ontario Malik Shukayev; Bank of Canada Alexander Ueberfeldt; Bank of Canada |
Presented by: Malik Shukayev, Bank of Canada |
Session: F4: Macroeconomic Theory July 11, 2013 16:15 to 17:55 Finback |
Session Chair: Jacek Krawczyk, Victoria University of Wellington |
Frequency Shifting |
By Rhys Bidder; Federal Reserve Bank of San Francisco |
Presented by: Rhys Bidder, Federal Reserve Bank of San Francisco |
Money Networks in Kiyotaki-Wright Model |
By Antonella Ianni; University of Southampton Timothy Moran; University of Southampton |
Presented by: Timothy Moran, University of Southampton |
Exploitation of renewable resources with differentiated technologies: An evolutionary analysis |
By Fabio Lamantia; University of Calabria Davide Radi; University of Bergamo |
Presented by: Davide Radi, University of Bergamo |
Viability theory: an applied mathematics tool for achieving dynamic systems' sustainability |
By Jacek Krawczyk; Victoria University of Wellington |
Presented by: Jacek Krawczyk, Victoria University of Wellington |
Session: F5: Money, Credit, and Business Cycles July 11, 2013 16:15 to 17:55 Port Alberni |
Session Chair: Christoph Thoenissen, Victoria University of Wellington |
Interest Rates and Prices in an Inventory Model of Money with Credit |
By Michael Dotsey; Federal Reserve Bank of Philadelphia pablo guerron-quintana; Federal Reserve Bank of Philadelphia |
Presented by: Michael Dotsey, Federal Reserve Bank of Philadelphia |
Credit Spread over the Business Cycle |
By Paolo Gelain; Norges Bank and Centre for International Kevin Lansing; Federal Reserve Bank of San Francisco and Norges Bank Caterina Mendicino; Banco de Portugal |
Presented by: Paolo Gelain, Norges Bank and Centre for International |
News about Aggregate Demand and the Business Cycle |
By Jang-Ting Guo; University of California, Riverside Anca Ioana Sirbu; West Virginia University Mark Weder; The University of Adelaide |
Presented by: Jang-Ting Guo, University of California, Riverside |
News and business cycles in open economies with financial frictions |
By Gunes Kamber; Reserve Bank of New Zealand Konstantinos Theodoridis; Bank of England Christoph Thoenissen; Victoria University of Wellington |
Presented by: Christoph Thoenissen, Victoria University of Wellington |
Session: F6: Housing Markets II July 11, 2013 16:15 to 17:55 Gulf Islands B/C/D |
Session Chair: Sami Alpanda, Bank of Canada |
Housing and Macroeconomy: The Role of Credit Channel, Risk, Demand - and Monetary Shocks |
By Victor Dorofeenko; Institute for Advanced Studies Gabriel Lee; University of Regensburg Kevin Salyer; University of California, Davis |
Presented by: Gabriel Lee, University of Regensburg |
Clustered Housing Cycles |
By Margarita Rubio; University of Nottingham Ruben Hernandez; Federal Reserve Bank of St. Louis Michael Owyang; Federal Reserve Bank of St Louis |
Presented by: Margarita Rubio, University of Nottingham |
Mortgage Amortization and Amplification |
By Chiara Forlati; EPFL Luisa Lambertini; EPFL |
Presented by: Chiara Forlati, EPFL |
Housing and Fiscal Policy |
By Sami Alpanda; Bank of Canada Sarah Zubairy; Bank of Canada |
Presented by: Sami Alpanda, Bank of Canada |
Session: F7: Computational Methods I July 11, 2013 16:15 to 17:55 Port McNeill |
Session Chair: Gary Anderson, Board of Governors, Federal Reserve |
Solving linear rational expectation models on a GPU |
By Michel Juillard; Banque de France |
Presented by: Michel Juillard, Banque de France |
A High Performance Implementation of Likelihood Estimators on GPUs |
By Michael Creel; Universitat Autònoma de Barcelona Mohammad Zubair; Old Dominion University |
Presented by: Mohammad Zubair, Old Dominion University |
ACCURACY, SPEED AND ROBUSTNESS OF POLICY FUNCTION ITERATION |
By Alexander Richter; Auburn University Nathaniel Throckmorton; Indiana University Bloomington Todd Walker; Indiana University |
Presented by: Nathaniel Throckmorton, Indiana University Bloomington |
A Perturbation-Based Method for Approximating Dynamic Nonlinear Model Impulse Response Functions and Ergodic Distribution Moments |
By Gary Anderson; Board of Governors, Federal Reserve |
Presented by: Gary Anderson, Board of Governors, Federal Reserve |
Session: F8: Interbank Loan Markets July 11, 2013 16:15 to 17:55 Beluga |
Session Chair: Matthias Raddant, Kiel Institute for the World Economy |
Structure in the Italian Overnight Loan Market |
By Matthias Raddant; Kiel Institute for the World Economy |
Presented by: Matthias Raddant, Kiel Institute for the World Economy |
How to measure the unsecured money market? The Eurosystem’s implementation and validation using TARGET2 |
By Ronald Heijmans; De Nederlandsche Bank |
Presented by: Ronald Heijmans, De Nederlandsche Bank |
Centrality Measurment in the Network of the Mexican Large Value Payments System |
By Bernardo Bravo-Benitez; Banco de Mexico Biliana Alexandrova Kabajova; Banco de Mexico Serafin Martinez-Jaramillo; Banco de Mexico |
Presented by: Biliana Alexandrova Kabajova, Banco de Mexico |
Does informality limit the effectiveness of Interchange Fees to promote payment card adoption? Results from an agent-based model |
By Biliana Alexandrova Kabajova; Banco de Mexico Sara Castellanos; BBVA Research Jose Negrin; Banco de Mexico |
Presented by: Biliana Alexandrova Kabajova, Banco de Mexico |
Session: G1: Macroeconomic agent-based modelling July 12, 2013 9:00 to 10:40 Port Alberni |
Session Chair: Mikhail Anufriev, University of Technology, Sydney |
Emergent Dynamic Behaviour of a Macroeconomic Agent Based Model |
By Jakob Grazzini; Catholic University of Milan |
Presented by: Jakob Grazzini, Catholic University of Milan |
Credit regulation: An Agent-Based Analysis |
By Sander van der Hoog; Universitaet Bielefeld Herbert Dawid; University of Bielefeld |
Presented by: Sander van der Hoog, Universitaet Bielefeld |
Monetary policy, banking and heterogeneous agents |
By Marcin Wolski; University of Amsterdam |
Presented by: Marcin Wolski, University of Amsterdam |
Selforganisation of individual expectations and emergent macro behavior |
By Mikhail Anufriev; University of Technology, Sydney Cars Hommes; University of Amsterdam |
Presented by: Mikhail Anufriev, University of Technology, Sydney |
Session: G2: Nonlinear Models for Sovereign Risk and Exchange Rate Dynamics July 12, 2013 9:00 to 10:40 Parksville |
Session Chair: Filippo Brutti, University of Zurich |
The sovereign default puzzle: Modelling issues and lessons for Europe |
By Daniel Cohen; Paris School of Economics Sebastien Villemot; CEPREMAP |
Presented by: Sebastien Villemot, CEPREMAP |
Exchange Rates in Target Zones – Evidence from the Danish Krone |
By Stefan Reitz; University of Kiel Mark Taylor; University of Warwick |
Presented by: Stefan Reitz, University of Kiel |
Transmission of Sovereign Risk in the Euro Crisis |
By Filippo Brutti; University of Zurich |
Presented by: Filippo Brutti, University of Zurich |
Session: G3: Social Policy July 12, 2013 9:00 to 10:40 Beluga |
Session Chair: Matthias Hertweck, University of Konstanz |
Pension Funding and Human Capital |
By Fabian Kindermann; University of Wuerzburg |
Presented by: Fabian Kindermann, University of Wuerzburg |
The Macroeconomics of Health Savings Accounts |
By Chung Tran; Australian National University Juergen Jung; Towson University |
Presented by: Chung Tran, Australian National University |
The Aggregate Effects of the Hartz Reforms in Germany |
By Matthias Hertweck; University of Konstanz Oliver Sigrist; University of Basel |
Presented by: Matthias Hertweck, University of Konstanz |
Session: G4: Monetary Policy II July 12, 2013 9:00 to 10:40 Port Hardy |
Session Chair: Ragna Alstadheim, Norges Bank |
Would it have paid to be in the eurozone? |
By Michał Brzoza-Brzezina; National Bank of Poland Krzysztof Makarski; National Bank of Poland |
Presented by: Michał Brzoza-Brzezina, National Bank of Poland |
The Interest Rate Conditioning Assumption: Investigating the Effects of Central Bank Communication in New Zealand |
By Ozer Karagedikli; Reserve Bank of New Zealand Katy Bergstrom; Reserve Bank of New Zealand |
Presented by: Ozer Karagedikli, Reserve Bank of New Zealand |
Conservatism in Inflation Forecasts |
By Monica Jain; Bank of Canada |
Presented by: Monica Jain, Bank of Canada |
How New Keynesian is the US Phillips Curve? |
By Ragna Alstadheim; Norges Bank |
Presented by: Ragna Alstadheim, Norges Bank |
Session: G5: Fiscal Policy II July 12, 2013 9:00 to 10:40 Orca |
Session Chair: Tack Yun, Seoul National University |
Policy Games, Distributional Conflicts and the Optimal Inflation |
By Alice Albonico; University of Pavia Lorenza Rossi; University of Pavia (P.IVA 00462870189) |
Presented by: Alice Albonico, University of Pavia |
Indexed versus nominal government debt under inflation and price-level targeting |
By Michael Hatcher; University of Glasgow |
Presented by: Michael Hatcher, University of Glasgow |
The macroeconomics effects of the sovereign debt crisis in the euro area |
By Tiziano Ropele; Bank of Italy Stefano Neri; Bank of Italy |
Presented by: Tiziano Ropele, Bank of Italy |
Transmission Mechanisms of the Public Debt |
By Tack Yun; Seoul National University |
Presented by: Tack Yun, Seoul National University |
Session: G6: DSGE Modelling and Estimation July 12, 2013 9:00 to 10:40 Finback |
Session Chair: Edward Herbst, Federal Reserve Board |
State dependent pricing and the government spending multiplier |
By Luca Dedola; European Central Bank Anton Nakov; Banco de España |
Presented by: Luca Dedola, European Central Bank |
Taking measurement error seriously: Implications for modeling and accounting |
By Tobias Cwik; Federal Reserve Board |
Presented by: Tobias Cwik, Federal Reserve Board |
Euro Area and Global Oil Shocks: An Empirical Model-Based Analysis |
By Lorenzo Forni; International Monetary Fund Andrea Gerali; Bank of Italy Alessandro Notarpietro; Bank of Italy Massimiliano Pisani; Bank of Italy |
Presented by: Alessandro Notarpietro, Bank of Italy |
Sequential Monte Carlo Sampling for DSGE Models |
By Edward Herbst; Federal Reserve Board Frank Schorfheide; University of Pennsylvania |
Presented by: Edward Herbst, Federal Reserve Board |
Session: G7: Macroeconomic Adjustments in Emerging Economies July 12, 2013 9:00 to 10:40 Gulf Islands B/C/D |
Session Chair: Serdar Kabaca, Bank of Canada |
Patterns of Growth in Chinese Cities: Implications of the Land Lease |
By Guozhong Zhu; Peking University |
Presented by: Guozhong Zhu, Peking University |
Growth and Global Imbalances: The Role of Learning-by-Exporting |
By Byoung Hoon Seok; Ohio State University |
Presented by: Byoung Hoon Seok, Ohio State University |
Interest Rate Volatility and Business Cycles in Brazil |
By Angelo Fasolo; Central Bank of Brazil |
Presented by: Angelo Fasolo, Central Bank of Brazil |
Search Frictions, Financial Frictions, and Labor Market Fluctuations in Emerging Markets |
By Serdar Kabaca; Bank of Canada |
Presented by: Serdar Kabaca, Bank of Canada |
Session: G8: Computational Methods II July 12, 2013 9:00 to 10:40 Azure |
Session Chair: Richard Evans, Brigham Young University |
Computing Dynamic Heterogeneous-Agent Economies: Tracking the Distribution |
By Grey Gordon; Indiana University |
Presented by: Grey Gordon, Indiana University |
E Pluribus Unum: Macroeconomic Modelling for Multi-agent Economies |
By Domenico Delli Gatti; Università Cattolica |
Presented by: Domenico Delli Gatti, Università Cattolica |
Applying the Explicit Aggregation Algorithm to Discrete Choice Economies: With an Application to Estimating the Aggregate Technology Shock Process |
By Takeki Sunakawa; IMES, Bank of Japan |
Presented by: Takeki Sunakawa, Bank of Japan |
A Big Data Approach to Optimal Sales Taxation |
By Christian Baker; Brigham Young University Jeremy Bejarano; Brigham Young University Richard Evans; Brigham Young University Kenneth Judd; Hoover Institution Kerk Phillips; Brigham Young University |
Presented by: Richard Evans, Brigham Young University |
Session: G9: Growth July 12, 2013 9:00 to 10:40 Port McNeill |
Session Chair: Tom Holden, University of Surrey |
Anticipated Consumption and its Impact on Capital Accumulation and Growth: 'Forward-looking' vs. 'Backward-looking' Consumption Reference |
By Goncalo Monteiro; SUNY at Buffalo Stephen Turnovsky; University of Washington |
Presented by: Stephen Turnovsky, University of Washington |
Human capital accumulation and the macro-economy in an ageing society |
By Ben Heijdra; University of Groningen Laurie Reijnders; University of Groningen |
Presented by: Ben Heijdra, University of Groningen |
Innovasion diffusion, technological convergence and productivity growth |
By Rainer Andergassen; University of Bologna Franco Nardini; University of Bologna Massimo Ricottilli; University of Bologna |
Presented by: Massimo Ricottilli, University of Bologna |
Reconciling near trend-stationary growth with medium-frequency cycles. |
By Tom Holden; University of Surrey |
Presented by: Tom Holden, University of Surrey |
Session: H1: Macroeconomic Dynamics July 12, 2013 11:10 to 12:50 Port McNeill |
Session Chair: Sherif Khalifa, California State University, Fullerton |
Nonlinear consumption dynamics in general equilibrium |
By Jamie Hall; University of New South Wales |
Presented by: Jamie Hall, University of New South Wales |
Investment dynamics with information costs |
By Fabio Verona; Bank of Finland |
Presented by: Fabio Verona, Bank of Finland |
Occasionally Binding Liquidity Constraints and the Volatility of Consumption and Investment |
By Maximilian Werner; TU Dortmund and RGS-Econ |
Presented by: Maximilian Werner, TU Dortmund and RGS-Econ |
Learning By Doing and Unemployment Dynamics |
By Sherif Khalifa; California State University, Fullerton |
Presented by: Sherif Khalifa, California State University, Fullerton |
Session: H2: Sentiment and Heterogeneous Expectations in Asset-pricing Models July 12, 2013 11:10 to 12:50 Port Alberni |
Session Chair: Sandrine Jacob Leal, ICN Business School |
Ratings and Sentiments |
By José Jorge; Fundação da Universidade do Porto |
Presented by: José Jorge, Fundação da Universidade do Porto |
Does Disagreement Matter for the Capital Asset Pricing Model |
By Lei Shi; University of Technology, Sydney |
Presented by: Lei Shi, University of Technology, Sydney |
Asset Pricing under Keeping up with the Joneses and Heterogeneous Beliefs |
By Xue-Zhong He; University of Technology Sydney Lei Shi; University of Technology, Sydney Min Zheng; Central University of Finance and Economics |
Presented by: Xue-Zhong He, University of Technology Sydney |
Exploiting the volume clock: an agent-based model of high and low frequency trading |
By Sandrine Jacob Leal; ICN Business School Giorgio Fagiolo; Sant'Anna School of Advanced Studies mauro napoletano; OFCE Andrea Roventini; University of Verona |
Presented by: Sandrine Jacob Leal, ICN Business School |
Session: H3: Empirical Macro II July 12, 2013 11:10 to 12:50 Parksville |
Session Chair: Giovanni Caggiano, University of Padua |
Estimating Dynamic Equilibrium Models using Mixed Frequency Macro and Financial Data |
By Bent Jesper Christensen; University of Aarhus Olaf Posch; Hamburg University Michel van der Wel; Erasmus University Rotterdam |
Presented by: Olaf Posch, Hamburg University |
Identication of Financial Factors in Economic Fluctuations |
By Francesco Furlanetto; Norges Bank Francesco Ravazzolo; Norges Bank Samad Sarferaz; ETH Zurich |
Presented by: Francesco Furlanetto, Norges Bank |
Shock Variance Estimates in Misspecified DSGE Models |
By Dana Galizia; University of British Columbia |
Presented by: Dana Galizia, University of British Columbia |
Asymmetric Macroeconomic Reactions to Uncertainty Shocks in the U.S. |
By Giovanni Caggiano; University of Padua Efrem Castelnuovo; University of Padova Nicolas Groshenny; Reserve Bank of New Zealand |
Presented by: Giovanni Caggiano, University of Padua |
Session: H4: Regime Switching and Solution Methods July 12, 2013 11:10 to 12:50 Port Hardy |
Session Chair: Lilia Maliar, Stanford University |
US Fiscal Regimes and Optimal Monetary Policy |
By Konstantinos MAVROMATIS; UNIVERSITY OF AMSTERDAM |
Presented by: Konstantinos MAVROMATIS, UNIVERSITY OF AMSTERDAM |
Detrerminacy Conditions for Markov Switching Rational Expectations Models |
By Jean Barthelemy; Banque de France Magali Marx; Banque de France |
Presented by: Magali Marx, Banque de France |
High-frequency real economic activity indicator for Canada |
By Gitanjali Kumar; Bank of Canada |
Presented by: Gitanjali Kumar, Bank of Canada |
Merging Simulation and Projection Approaches to Solve High-Dimensional Problems |
By Kenneth Judd; Hoover Institution Lilia Maliar; Stanford University Serguei Maliar; Stanford University |
Presented by: Lilia Maliar, Stanford University |
Session: H5: Empirical Asset pricing July 12, 2013 11:10 to 12:50 Orca |
Session Chair: Marco Tucci, Univ. di Siena |
Common Factors in Commodity Futures Curves |
By Michel van der Wel; Erasmus University Rotterdam Dennis Karstanje; Erasmus University Rotterdam Dick van Dijk; Erasmus University Rotterdam |
Presented by: Michel van der Wel, Erasmus University Rotterdam |
Predicting Covariance Matrices with Financial Conditions Indexes |
By Anne Opschoor; Erasmus University Rotterdam Dick van Dijk; Erasmus University Rotterdam Michel van der Wel; Erasmus University Rotterdam |
Presented by: Anne Opschoor, Erasmus University Rotterdam |
The Expected Real Return to Equity |
By missaka warusawitharana; Board of Governors of the Federal Reserv |
Presented by: Missaka Warusawitharana, Board of Governors of the Federal Reserv |
Modeling log stock returns: Are parameters stable? |
By Gian Piero Cervellera; Universita' di Siena Marco Tucci; Univ. di Siena |
Presented by: Marco Tucci, Univ. di Siena |
Session: H6: Computational Methods III July 12, 2013 11:10 to 12:50 Finback |
Session Chair: Masaaki Kijima, Tokyo Metropolitan University |
Equilibrium Existence and Approximation for Incomplete Market Models with Substantial Heterogeneity |
By Thomas Mertens; New York University |
Presented by: Thomas Mertens, New York University |
Solving Incomplete Markets Models by Derivative Aggregation |
By Tobias Grasl; Birkbeck College |
Presented by: Tobias Grasl, Birkbeck College |
Applying Negishi's method to stochastic models with overlapping generations |
By Johannes Brumm; University of Zurich Felix Kubler; IBF, University of Zurich and Swiss Finance Institute |
Presented by: Johannes Brumm, University of Zurich |
An Extension of the Chaos Expansion Approximation for the Pricing of Exotic Basket Options |
By Masaaki Kijima; Tokyo Metropolitan University |
Presented by: Masaaki Kijima, Tokyo Metropolitan University |
Session: H7: Fiscal Policy III July 12, 2013 11:10 to 12:50 Gulf Islands B/C/D |
Session Chair: Dennis Wesselbaum, University of Hamburg |
Successful Austerity in the United States, Europe and Japan |
By Giovanni Callegari; ECB Nicoletta Batini; International Monetary Fund Giovanni Melina; International Monetary Fund |
Presented by: Giovanni Callegari, ECB |
Infrequent Fiscal Stabilization |
By Yuting Bai; University of Exeter Tatiana Kirsanova; University of Glasgow |
Presented by: Tatiana Kirsanova, University of Glasgow |
An Empirical Analysis of Time-Varying Fiscal Multipliers |
By Mark Bognanni; University of Pennsylvania |
Presented by: Mark Bognanni, University of Pennsylvania |
Procyclical Debt as Automatic Stabilizer |
By Dennis Wesselbaum; University of Hamburg |
Presented by: Dennis Wesselbaum, University of Hamburg |
Session: H8: Topics In Game Theory July 12, 2013 11:10 to 12:50 Beluga |
Session Chair: Maxi San Miguel, IFISC (CSIC-UIB) |
A Coalgebraic Framework for Games in Economics |
By Viktor Winschel; University Mannheim Achim Blumensath; Technische Universität Darmstadt |
Presented by: Viktor Winschel, University Mannheim |
Social and strategic imitation: the way to consensus |
By Jose Ramasco; IFISC (UIB-CSIC) Maxi San Miguel; IFISC (CSIC-UIB) Angel Sanchez; University Carlos III of Madrid daniel vilone; IFISC (CSIC-UIB) |
Presented by: Maxi San Miguel, IFISC (CSIC-UIB) |
Research Among Copycats: R&D, Spillovers, and Feedback Strategies |
By Grega Smrkolj; University of Amsterdam Florian Wagener; University of Amsterdam |
Presented by: Grega Smrkolj, University of Amsterdam |
Session: H9: Asset Pricing July 12, 2013 11:10 to 12:50 Azure |
Session Chair: Andrea Ajello, Board of Governors of the Federal Reserve System |
Risk Adjustment Channels in a DSGE Model with Recursive Preferences and Stochastic Volatility |
By Hong Lan; Humboldt University Berlin Alexander Meyer-Gohde; Humboldt University Berlin |
Presented by: Alexander Meyer-Gohde, Humboldt University Berlin |
Disastrous Disappointments: Asset-Pricing with Disaster Risk and Disappointment Aversion |
By Jim Dolmas; Federal Reserve Bank of Dallas |
Presented by: Jim Dolmas, Federal Reserve Bank of Dallas |
"Overreaction" of Asset Prices in an Economy with Incomplete Markets |
By Shiba Suzuki; Meisei University |
Presented by: Shiba Suzuki, Meisei University |
A DSGE Term Structure Model with Credit Frictions |
By Andrea Ajello; Board of Governors of the Federal Reserve System Hiroatsu Tanaka; Board of Governors of the Federal Reserve System |
Presented by: Andrea Ajello, Board of Governors of the Federal Reserve System |
Session: I1: Local Interactions and Market Outcomes July 12, 2013 16:00 to 17:15 Port Alberni |
Session Chair: Ivan Savin, Friedrich Schiller University Jena and Max Planck Institute of Economics |
Price-Quantity Setting in Monopolistic Competition |
By Tiziana Assenza; Catholic University of Milan Jakob Grazzini; Catholic University of Milan Cars Hommes; University of Amsterdam Domenico Massaro; University of Amsterdam |
Presented by: Jakob Grazzini, Catholic University of Milan |
Stabilising Merger Waves: An Agent-Based Networked Model of Market Stability |
By Camillia Zedan; Institute for Complex Systems Simulation |
Presented by: Camillia Zedan, Institute for Complex Systems Simulation |
Emergence of Innovation Networks from R&D Cooperation with Endogenous Absorptive Capacity |
By Ivan Savin; Friedrich Schiller University Jena and Max Planck Institute of Economics |
Presented by: Ivan Savin, Friedrich Schiller University Jena and Max Planck Institute of Economics |
Session: I2: Learning in Agent-Based Modeling July 12, 2013 16:00 to 17:15 Parksville |
Session Chair: Thomas Riechmann, University of Kaiserslautern |
Learning General Equilibrium - Simultaneous genetic algorithm learning over both sides of multiple interdependent Cournot oligopoly markets |
By Michael Maschek; University of the Fraser Valley |
Presented by: Michael Maschek, University of the Fraser Valley |
Double-sided learning in a principal-agent environment with moral hazard. |
By Andriy Baranskyy; Simon Fraser University |
Presented by: Andriy Baranskyy, Simon Fraser University |
How good are GAs as models of economic search? — Spatial Price Search |
By Thomas Riechmann; University of Kaiserslautern |
Presented by: Thomas Riechmann, University of Kaiserslautern |
Session: I3: Uncertainty and Fiscal Policy July 12, 2013 16:00 to 17:15 Port McNeill |
Session Chair: Paul McNelis, Fordham University |
Uncertainty and the Fiscal Cliff |
By Troy Davig; Federal Reserve Bank of Kansas City Andrew Foerster; Federal Reserve Bank of Kansas City |
Presented by: Andrew Foerster, Federal Reserve Bank of Kansas City |
The Consequences of Uncertain Debt Targets |
By Alexander Richter; Auburn University Nathaniel Throckmorton; Indiana University Bloomington |
Presented by: Alexander Richter, Auburn University |
Fiscal Rules in a Time of Prolonged Crisis: Debt and Deficit Targeting in Japan |
By Paul McNelis; Fordham University |
Presented by: Paul McNelis, Fordham University |
Session: I4: Home Production and Labor Supply July 12, 2013 16:00 to 17:15 Port Hardy |
Session Chair: Luca Pensieroso, IRES - Université catholique de Louvain |
The Impacts of Firms’ Technology Choice on the Gender Differences in Wage and Time Allocation: A Cross-Country Analysis |
By Naotaka Eguchi; Daiwa Securities Group Kohei Nagamachi; The University of Tokyo Daichi Shirai; The Canon Institute for Global Studies |
Presented by: Daichi Shirai, The Canon Institute for Global Studies |
Home Production Technology and Time Allocation - Empirics, Theory and Implications |
By Guozhong Zhu; Peking University Lei Fang; Federal Resereve Bank of Atlanta |
Presented by: Guozhong Zhu, Peking University |
Agriculture to Industry: the End of the Patriarchal Family |
By Luca Pensieroso; IRES - Université catholique de Louvain Alessandro Sommacal; Università degli Studi di Verona |
Presented by: Luca Pensieroso, IRES - Université catholique de Louvain |
Session: I5: Computational Methods IV July 12, 2013 16:00 to 17:15 Orca |
Session Chair: Alexander Meyer-Gohde, Humboldt University Berlin |
Using Adaptive Sparse Grids to Solve High-Dimensional Dynamic Models |
By Johannes Brumm; University of Zurich Simon Scheidegger; University of Zürich |
Presented by: Simon Scheidegger, University of Zürich |
How to Solve Dynamic Stochastic Models Computing Expectations Just Once |
By Kenneth Judd; Hoover Institution Lilia Maliar; Stanford University Serguei Maliar; Stanford University |
Presented by: Serguei Maliar, Stanford University |
Pruning in Perturbation DSGE Models |
By Hong Lan; Humboldt University Berlin Alexander Meyer-Gohde; Humboldt University Berlin |
Presented by: Alexander Meyer-Gohde, Humboldt University Berlin |
Session: I6: Exchange Rates July 12, 2013 16:00 to 17:15 Finback |
Session Chair: David Goldbaum, University of Technology Sydney |
Oil Prices, Exchange Rates and Asset Prices |
By Daniel Schneider; Goethe University Frankfurt Marcel Fratzscher Ine Van Robays; European Central Bank |
Presented by: Daniel Schneider, Goethe University Frankfurt |
Model uncertainty and the forward premium puzzle |
By Edouard Djeutem; Simon Fraser University |
Presented by: Edouard Djeutem, Simon Fraser University |
An Empirical Examination of Heterogeneity and Switching in Foreign Exchange Markets |
By David Goldbaum; University of Technology Sydney Remco Zwinkels; Erasmus School of Economics |
Presented by: David Goldbaum, University of Technology Sydney |
Session: Plenary Session 1 sponsored by CEPREMAP July 10, 2013 14:15 to 15:45 Junior Ballroom |
The Macroeconomics of Volatility |
By Jesus Fernandez-Villaverde; University of Pennsylvania |
Presented by: Jesus Fernandez-Villaverde, University of Pennsylvania |
Session: Plenary Session 2 sponsored by JEDC July 11, 2013 14:15 to 15:45 Junior Ballroom |
Energy Balance Climate Models and General Equilibrium Optimal Mitigation Policies |
By William Brock; University of Wisconsin, Madison |
Presented by: William Brock, University of Wisconsin, Madison |
Session: Plenary Session 3 sponsored by Bank of Canada July 12, 2013 14:15 to 15:30 Junior Ballroom |
In Defense of Moderation in Monetary Policy |
By John C. Williams; Federal Reserve Bank of San Francisco |
Presented by: John C. Williams, Federal Reserve Bank of San Francisco |
# | Participant | Roles in Conference |
---|---|---|
1 | Abbott, Brant | P41 |
2 | Afanasyeva, Elena | P19 |
3 | Ajello, Andrea | C69, P69 |
4 | Albonico, Alice | P56 |
5 | Alexandrova Kabajova, Biliana | P51, P51 |
6 | Alpanda, Sami | C49, P49 |
7 | Alstadheim, Ragna | C55, P55 |
8 | Anderson, Gary | C50, P50 |
9 | Andrle, Michal | C7, P7 |
10 | Anselmo, Peter | C18, P18 |
11 | Anufriev, Mikhail | C52, P52 |
12 | Arifovic, Jasmina | P25 |
13 | Assenza, Tiziana | C10, P10 |
14 | Atolia, Manoj | P20 |
15 | Audzeyeva, Alena | C8, P8 |
16 | Aylar, Emre | P23 |
17 | Banbura, Marta | P14 |
18 | Baranskyy, Andriy | P71 |
19 | Batu, Michael | P29 |
20 | Bauducco, Sofia | P3 |
21 | Bergholt, Drago | C16, P16 |
22 | Bidder, Rhys | P47 |
23 | Billi, Roberto | C4, P4 |
24 | Bjornland, Hilde | C42, P42 |
25 | Bognanni, Mark | P67 |
26 | Bolt, Wilko | P37 |
27 | Bossi, Luca | P31 |
28 | Brock, William | P77 |
29 | Brorsen, Wade | C9, P9 |
30 | Brumm, Johannes | P66 |
31 | Brutti, Filippo | C53, P53 |
32 | Brzoza-Brzezina, Michał | P55 |
33 | Caggiano, Giovanni | C63, P63 |
34 | Caliendo, Frank | C2, P2 |
35 | Callegari, Giovanni | P67 |
36 | Campolmi, Alessia | P11 |
37 | Castex, Gonzalo | P3 |
38 | Chen, Po-yuan | P9 |
39 | Chen, Shu-Heng | P9 |
40 | Chen, Xiaoshan | P30 |
41 | Chiarella, Carl | C34, P34 |
42 | Cho, Sung-Jin | C19, P19 |
43 | Cho, In-Koo | P43 |
44 | Christev, Atanas | P27 |
45 | Chuffart, Thomas | P34 |
46 | Chun, Young Jun | P42 |
47 | Clemens, Christiane | P29 |
48 | Coenen, Günter | P46 |
49 | Colciago, Andrea | P13 |
50 | Cwik, Tobias | P57 |
51 | Damjanovic, Tatiana | C37, P37 |
52 | Dawid, Herbert | P18 |
53 | Dechter, Evgenia | P44 |
54 | Dedola, Luca | P57 |
55 | Delli Gatti, Domenico | P59 |
56 | Deretic, Momo | C25, P25 |
57 | Djeutem, Edouard | P75 |
58 | Dmitriev, Alexandre | P16 |
59 | Dolmas, Jim | P69 |
60 | Dorich, José | C31, P31 |
61 | Dotsey, Michael | P48 |
62 | Dumitru, Ana-Maria | P34 |
63 | Dyrda, Sebastian | P33 |
64 | Eickmeier, Sandra | P19 |
65 | Elias, Christopher | P10 |
66 | Evans, Richard | C59, P59 |
67 | Fain, James | P35 |
68 | Fasolo, Angelo | P58 |
69 | Fernandez-Villaverde, Jesus | P76 |
70 | Fernholz, Ricardo | P29 |
71 | Ferrero, Giuseppe | P27 |
72 | Fink, Fabian | P8 |
73 | Fischer, Thomas | P21 |
74 | Foerster, Andrew | C30, P30, P72 |
75 | Forlati, Chiara | P49 |
76 | Fried, Stephie | P24 |
77 | Furlanetto, Francesco | P63 |
78 | Galimberti, Jaqueson | P36 |
79 | Galizia, Dana | P63 |
80 | Gavin, William | P4 |
81 | GE, JIAQI | P35 |
82 | Gelain, Paolo | P48 |
83 | Goldbaum, David | C75, P75 |
84 | Gordon, Grey | P59 |
85 | Granziera, Eleonora | P41 |
86 | Grasl, Tobias | P66 |
87 | Grazzini, Jakob | P52, P70 |
88 | Grill, Michael | P21 |
89 | Guerin, Pierre | P6 |
90 | Gungor, Sermin | C17, P17 |
91 | Gunn, Christopher | C32, P32 |
92 | Guo, Jang-Ting | P48 |
93 | Halberstadt, Arne | P11 |
94 | Hall, Jamie | P61 |
95 | Hatcher, Michael | P56 |
96 | Hördahl, Peter | P11 |
97 | He, Xue-Zhong | P62 |
98 | Heijdra, Ben | P24, P60 |
99 | Heijmans, Ronald | P51 |
100 | Heinemann, Maik | P40 |
101 | Herbst, Edward | C57, P57 |
102 | Hertweck, Matthias | C54, P54 |
103 | Hirose, Yasuo | P4 |
104 | Holden, Tom | C60, P60 |
105 | Hommes, Cars | C1, P1, P22 |
106 | Imura, Yuko | P40 |
107 | Jaccard, Ivan | P31 |
108 | Jackson, Laura | C13, P13 |
109 | Jacob Leal, Sandrine | C62, P62 |
110 | Jain, Monica | P55 |
111 | Janiak, Alexandre | C3, P3 |
112 | Jorge, José | P62 |
113 | Juillard, Michel | P50 |
114 | Juvenal, Luciana | P40 |
115 | Kabaca, Serdar | C58, P58 |
116 | Karagedikli, Ozer | P55 |
117 | Karaivanov, Alexander | P33 |
118 | Kato, Ryo | P21 |
119 | Khalifa, Sherif | C61, P61 |
120 | Kijima, Masaaki | C66, P66 |
121 | Kilponen, Juha | P28 |
122 | Kimbrough, Erik | P25 |
123 | Kindermann, Fabian | P54 |
124 | Kirsanova, Tatiana | P67 |
125 | Klößner, Stefan | C23, P23 |
126 | Koeda, Junko | P30 |
127 | Kolasa, Marcin | P8, P45 |
128 | Kondo, Illenin | C40, P40 |
129 | Kopányi, Dávid | P9 |
130 | Krawczyk, Jacek | C47, P47 |
131 | Kumar, Gitanjali | P64 |
132 | Laczo, Sarolta | P33 |
133 | Lakdawala, Aeimit | P39 |
134 | Lanne, Markku | P14 |
135 | Laseen, Stefan | P46 |
136 | LeBaron, Blake | C15, P15 |
137 | Lee, Gabriel | P49 |
138 | Li, Li | P32 |
139 | LI, KAI | P1 |
140 | Li, Yanan | P34 |
141 | Lian, Weicheng | P28 |
142 | Lim, Guay | P4 |
143 | Lin, Zhenjiang | P23 |
144 | Lucas, Iris | P18 |
145 | Luo, Yulei | C43, P43 |
146 | Ma, Jun | P10 |
147 | Madeira, Joao | P20 |
148 | Makarewicz, Tomasz | C22, P22 |
149 | Makarski, Krzysztof | P42 |
150 | Maliar, Serguei | P74 |
151 | Maliar, Lilia | C64, P64 |
152 | Manahov, Viktor | P26 |
153 | Maringer, Dietmar | P26 |
154 | Marotzke, Petra | P20 |
155 | Martinez-Garcia, Enrique | P14 |
156 | Marx, Magali | P64 |
157 | Maschek, Michael | P71 |
158 | MAVROMATIS, Konstantinos | P64 |
159 | McNelis, Paul | C72, P72 |
160 | Meier, Matthias | P38 |
161 | Mertens, Thomas | P66 |
162 | Meyer-Gohde, Alexander | P69, C74, P74 |
163 | Mirza, Afrasiab | P42 |
164 | Mokhtarzadeh, Fatemeh | P8 |
165 | Moran, Kevin | P36 |
166 | Moran, Timothy | P47 |
167 | Morfov, Stanimir | C33, P33 |
168 | Murakami, Masatoshi | P35 |
169 | Murao, Tetsushi | C14, P14 |
170 | Mustre-del-Rio, Jose | P44 |
171 | Nicoletti, Giulio | P19 |
172 | Nie, Jun | C20, P20 |
173 | Niestroj, Benjamin | P46 |
174 | Normandin, Michel | P13 |
175 | Notarpietro, Alessandro | P31, P57 |
176 | Oesch, Christian | P26 |
177 | Opschoor, Anne | P65 |
178 | Orosi, Greg | P17 |
179 | Owyang, Michael | C21, P21 |
180 | Ozturk, Sait | P17 |
181 | Palomino, Francisco | C11, P11 |
182 | Panchenko, Valentyn | C26, P26 |
183 | Pape, Andreas Duus | P35, C35 |
184 | PEI, GUANGYU | P43 |
185 | Peng, Tao | C41, P41 |
186 | Pensieroso, Luca | C73, P73 |
187 | Peterman, William | C28, P28 |
188 | Petersen, Luba | P25 |
189 | Petrosky-Nadeau, Nicolas | P12 |
190 | Petrunia, Robert | P37 |
191 | Pfajfar, Damjan | P36 |
192 | Piloiu, Anamaria | P39 |
193 | Pirozhkova, Ekaterina | P45 |
194 | Posch, Olaf | P63 |
195 | Rabitsch, Katrin | P5 |
196 | Raddant, Matthias | C51, P51 |
197 | Radi, Davide | P47 |
198 | Reiff, Adam | P30 |
199 | Reiter, Michael | C44, P44 |
200 | Reitz, Stefan | P53 |
201 | Richter, Alexander | P72 |
202 | Ricottilli, Massimo | P60 |
203 | Riechmann, Thomas | C71, P71 |
204 | Roettger, Joost | P32 |
205 | Rondina, Francesca | P27 |
206 | Ropele, Tiziano | P56 |
207 | Rossi, Raffaele | P13 |
208 | Rossi, Lorenza | C38, P38 |
209 | Rubio, Margarita | P49 |
210 | Ruchti, Thomas | P17 |
211 | Sacht, Stephen | P7 |
212 | Salas, Sergio | C45, P45 |
213 | San Miguel, Maxi | C68, P68 |
214 | Savin, Ivan | P43, C70, P70 |
215 | Scheidegger, Simon | P74 |
216 | Schmitt, Alex | P24 |
217 | Schneider, Daniel | P75 |
218 | Seok, Byoung Hoon | P58 |
219 | Shi, Lei | P62 |
220 | Shibayama, Katsuyuki | C24, P24 |
221 | Shirai, Daichi | P73 |
222 | Shukayev, Malik | C46, P46 |
223 | Siemer, Michael | P38 |
224 | Sinha, Arunima | P10 |
225 | Slacalek, Jiri | C29, P29 |
226 | Smith, Lee | P45 |
227 | Smrkolj, Grega | P68 |
228 | Sniekers, Florian | P12 |
229 | Stebunovs, Viktors | P28 |
230 | Steiger, Christina | C36, P36 |
231 | Stepanchuk, Serhiy | P44 |
232 | Sunakawa, Takeki | P59 |
233 | Suzuki, Shiba | P69 |
234 | Tasci, Murat | P12 |
235 | Tetlow, Robert | P22 |
236 | Thoenissen, Christoph | C48, P48 |
237 | Throckmorton, Nathaniel | P50 |
238 | Tran, Chung | P54 |
239 | Tran, Allen | P38 |
240 | Trani, Tommaso | C5, P5 |
241 | Tretvoll, Hakon | P16 |
242 | Tucci, Marco | C65, P65 |
243 | Turnovsky, Stephen | P60 |
244 | van de Leur, Michiel | P15 |
245 | van der Hoog, Sander | P52 |
246 | van der Wel, Michel | P65 |
247 | van Norden, Simon | P22 |
248 | Vavra, Marian | C6, P6 |
249 | Verona, Fabio | P61 |
250 | Villa, Stefania | C12, P12 |
251 | Villemot, Sebastien | P53 |
252 | Vitoria, Pedro | P6 |
253 | Wang, Ben | P2 |
254 | Warusawitharana, Missaka | P65 |
255 | Waters, George | C27, P27 |
256 | Wei, Lijian | P15 |
257 | Werner, Maximilian | P61 |
258 | Wesselbaum, Dennis | C67, P67 |
259 | Westermark, Andreas | P3 |
260 | Williams, John C. | P78 |
261 | Winant, Pablo | P5 |
262 | Winkler, Roland | P7 |
263 | Winschel, Viktor | P68 |
264 | Wolski, Marcin | P39, P52 |
265 | Wolters, Maik | P7 |
266 | Xiao, Yajun | P37 |
267 | Xu, Shaofeng | P41 |
268 | Yeh, Chia-Hsuan | P18 |
269 | Yepez, Carlos | P2 |
270 | Yildizoglu, Murat | C39, P39 |
271 | Yu, Changhua | P5 |
272 | Yun, Tack | C56, P56 |
273 | Zadrozny, Peter | P6 |
274 | Zedan, Camillia | P70 |
275 | Zheng, Min | P1 |
276 | Zhu, Guozhong | P58, P73 |
277 | Zubair, Mohammad | P50 |
This program was last updated on 2013-07-10 18:14:1 EDT