2008 Midwest Macro Meetings |
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Summary of All Sessions |
| # | Date/Time | Location | Title | Papers |
|---|---|---|---|---|
| 1 | May 8, 2008 13:30-15:30 | 103 McNeil | Monetary Policy I | 5 |
| 2 | May 8, 2008 13:30-15:30 | 167-8 McNeil | International Fluctuations | 5 |
| 3 | May 8, 2008 13:30-15:30 | 285 McNeil | Empirical Macroeconomics | 5 |
| 4 | May 8, 2008 13:30-15:30 | 410 McNeil | Labor Market Dynamics | 5 |
| 5 | May 8, 2008 16:00-18:00 | 103 McNeil | Monetary Economics | 5 |
| 6 | May 8, 2008 16:00-18:00 | 167-8 McNeil | Growth and Development I | 5 |
| 7 | May 8, 2008 16:00-18:00 | 285 McNeil | Fiscal Policy | 5 |
| 8 | May 8, 2008 16:00-18:00 | 410 McNeil | Heterogeneity in Macroeconomics | 4 |
| 9 | May 9, 2008 9:00-10:30 | 103 McNeil | Banking and Payments | 3 |
| 10 | May 9, 2008 9:00-10:30 | 167-8 McNeil | Foreign Capital | 4 |
| 11 | May 9, 2008 9:00-10:30 | 285 McNeil | Growth and Development II | 4 |
| 12 | May 9, 2008 9:00-10:30 | 410 McNeil | Self-Employment | 4 |
| 13 | May 9, 2008 9:00-10:30 | 1st Fl. Conf Rm | Issues in Fiscal and Monetary Policy | 4 |
| 14 | May 9, 2008 10:45-12:15 | 103 McNeil | Bankruptcy and Credit | 4 |
| 15 | May 9, 2008 10:45-12:15 | 167-8 McNeil | Estimation of DSGE Models | 4 |
| 16 | May 9, 2008 10:45-12:15 | 1st Fl Conf Rm | Topics in Macroeconomics I | 4 |
| 17 | May 9, 2008 10:45-12:15 | 285 McNeil | Macro/Labor | 3 |
| 18 | May 9, 2008 10:45-12:15 | 410 McNeil | International Business Cycles and Sectoral Comovements | 4 |
| 19 | May 9, 2008 13:30-15:00 | 103 McNeil | Monetary Theory | 4 |
| 20 | May 9, 2008 13:30-15:00 | 167-8 McNeil | Trade Costs and Trade Dynamics | 4 |
| 21 | May 9, 2008 13:30-15:00 | 285 McNeil | Equilibrium Unemployment Fluctuations | 4 |
| 22 | May 9, 2008 13:30-15:00 | 410 McNeil | (S,s) policies in General Equilibrium | 4 |
| 23 | May 9, 2008 13:30-15:00 | 1st Fl Conf Rm | Topics in Macroeconomics II | 4 |
| 24 | May 9, 2008 15:15-16:45 | 103 McNeil | Labor Theory | 4 |
| 25 | May 9, 2008 15:15-16:45 | 167-8 McNeil | Topics in International Economics | 4 |
| 26 | May 9, 2008 15:15-16:45 | 285 McNeil | Social Security | 3 |
| 27 | May 9, 2008 15:15-16:45 | 410 McNeil | Long-term Contractual Arrangements | 4 |
| 28 | May 9, 2008 15:15-16:45 | 1st Fl Conf Rm | Topics in Macroeconomics III | 4 |
| 29 | May 10, 2008 9:30-11:00 | 103 McNeil | Sovereign Default | 4 |
| 30 | May 10, 2008 9:30-11:00 | 167-8 McNeil | International Prices | 4 |
| 31 | May 10, 2008 9:30-11:00 | 285 McNeil | Quantitative Macro | 4 |
| 32 | May 10, 2008 9:30-11:00 | 410 McNeil | Growth and Development III | 4 |
| 33 | May 10, 2008 11:15-12:45 | 103 McNeil | Monetary Policy II | 4 |
| 34 | May 10, 2008 11:15-12:45 | 167-8 McNeil | Private Information and Contracting | 3 |
| 35 | May 10, 2008 11:15-12:45 | 285 McNeil | Geography, Innovation and Education | 4 |
| 36 | May 10, 2008 11:15-12:45 | 410 McNeil | Emerging Markets' Economies | 4 |
| 37 | May 10, 2008 13:45-15:45 | 103 McNeil | Economics and Frictions | 4 |
| 38 | May 10, 2008 13:45-15:45 | 167-8 McNeil | Asset Prices and Macroeconomics | 4 |
| 39 | May 10, 2008 13:45-15:45 | 285 McNeil | Marriage, Fertility, and Female Labor Force Participation | 4 |
| 40 | May 10, 2008 13:45-15:45 | 410 McNeil | Firm and Household Heterogeneity | 3 |
40 sessions, 162 papers |
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2008 Midwest Macro Meetings |
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Complete List of All Sessions |
Session 1: Monetary Policy I |
|---|
| Session Chair: Carlo Strub, University of Zurich |
| Date: May 8, 2008 |
| Time: 13:30 - 15:30 |
| Location: 103 McNeil |
| Monetary Policy and Financial Markets |
| JEL codes: E31, E32, E42 |
| Presented by: William Gavin, Federal Reserve Bank of St. Louis |
| Monetary Policy Implementation Frameworks: A Comparative Analysis |
| Presented by: Cyril Monnet, Federal Reserve Bank of Philadelphia |
| Endogenous Product Variety and the Welfare Cost of Inflation |
| Presented by: Mei Dong, Simon Fraser University |
| Optimal Fiscal and Monetary Policy in Customer Markets |
| Presented by: Sanjay Chugh, University of Maryland |
| Entry Barriers and Liquidity |
| Presented by: Carlo Strub, University of Zurich |
Session 2: International Fluctuations |
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| Session Chair: Akito Matsumoto, International Monetary Fund |
| Date: May 8, 2008 |
| Time: 13:30 - 15:30 |
| Location: 167-8 McNeil |
| International Macroeconomics Dynamics,Endogenous Tradability and Foreign Direct Investment with Heterogeneous Firms |
| JEL codes: F12, F23, F41 |
| Presented by: Silvio Contessi, Federal Reserve Bank of St. Louis |
| Technology Shocks: Novel Implications for International Business Cycles |
| Presented by: Andrea Raffo, Board of Governors of the Federal Reserve System |
| The Effects of Globalization on International Business Cycle Co-Movement |
| Presented by: Jonathan Davis, Vanderbilt University |
| The Real Exchange Rate in Sticky PriceModels: Does Investment Matter? |
| Presented by: Enrique Martinez-Garcia, Federal Reserve Bank of Dallas |
| International Risk Sharing During the Globalization Era |
| Presented by: Akito Matsumoto, International Monetary Fund |
Session 3: Empirical Macroeconomics |
|---|
| Session Chair: Espen Henriksen, University of Oslo |
| Date: May 8, 2008 |
| Time: 13:30 - 15:30 |
| Location: 285 McNeil |
| The Power of Long-Run VARs |
| JEL codes: c1 |
| Presented by: Robert Vigfusson, Federal Reserve Board |
| Aggregate Shocks and the Variability of Sectoral Industrial Production |
| Presented by: Pierre-Daniel Sarte, Federal Reserve Bank of Richmond |
| Revisions to PCE Inflation Measures: Implications for Monetary Policy |
| Presented by: Dean Croushore, University of Richmond |
| Real-Time Measurement of Business Conditions |
| Presented by: Chiara Scotti, Federal Reserve Board |
| The High Correlations of Prices and Interest Rates across Nations |
| Presented by: Espen Henriksen, University of Oslo |
Session 4: Labor Market Dynamics |
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| Session Chair: Jason Faberman, Federal Reserve Bank of Philadelpia |
| Date: May 8, 2008 |
| Time: 13:30 - 15:30 |
| Location: 410 McNeil |
| Lost in Transition: The Costs and Consequences of Sectoral Labour Adjustment |
| JEL codes: E2; J6; J08, J2 |
| Presented by: Stephen Tapp, Queen's University |
| Firm Entry and Labor Market Dynamics |
| Presented by: Pedro Silos, Federal Reserve Bank of Atlanta |
| Human capital risk and the firmsize wage premium |
| Presented by: Alexander Ueberfeldt, Bank of Canada |
| Unemployment Benefits vs. Unemployment Accounts: A Quatitative Exploration |
| Presented by: Christian Zimmermann, University of Connecticut |
| Job Flows, Jobless Recoveries and the Great Moderation |
| Presented by: Jason Faberman, Federal Reserve Bank of Philadelpia |
Session 5: Monetary Economics |
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| Session Chair: Alessandro Marchesiani, University of Naples L'Orientale |
| Date: May 8, 2008 |
| Time: 16:00 - 18:00 |
| Location: 103 McNeil |
| The Distribution of Money Holdings in a Competitive-Markets Environment |
| Presented by: Scott Dressler, Villanova University |
| Monetary Policy, Price Dynamics, and Welfare |
| Presented by: Miguel Molico, Bank of Canada |
| Money, Capital and Unemployment |
| Presented by: Richard Dutu, University of Waikato |
| Anticipated Inflation and Unemployment: Asymmetric Effects of the Inflation Tax |
| Presented by: Qian (Lucy) Liu, Queen's University |
| Money, Liquidity and Interest Rates |
| [slides] |
| Presented by: Alessandro Marchesiani, University of Naples L'Orientale |
Session 6: Growth and Development I |
|---|
| Session Chair: Sangeeta Pratap, Hunter College and CUNY Graduate Center |
| Date: May 8, 2008 |
| Time: 16:00 - 18:00 |
| Location: 167-8 McNeil |
| Fertility Decline, Baby Boom and Economic Growth |
| JEL codes: J13, O4 |
| Presented by: Robert Tamura, Clemson University |
| Self--Employment Rates and Business Size: The Roles of Occupational Choice and Credit Market Frictions |
| Presented by: Ahmet Akyol, York University |
| Does Entrepreneurship Promote Growth? A Model of Occupational Choice with Risk-Attitude Heterogeneous Agents |
| Presented by: Ping Wang, Washington University |
| The Evolution of Markets and the Revolution of Industry |
| Presented by: Stephen Parente, University of Illinois |
| Financial Frictions and Total Factor Productivity: Accounting for the Real Effects of Financial Crises |
| Presented by: Sangeeta Pratap, Hunter College and CUNY Graduate Center |
Session 7: Fiscal Policy |
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| Session Chair: Fang Yang, SUNY-Albany |
| Date: May 8, 2008 |
| Time: 16:00 - 18:00 |
| Location: 285 McNeil |
| Procyclical Fiscal Policy, Welfare, and Monetary Policy in Open Economies |
| JEL codes: E52 E62, F41 |
| Presented by: Paul McNelis, Fordham University |
| Intertemporal Distortions in the Second Best |
| Presented by: Roc Armenter, Federal Reserve Bank of New York |
| starving the leviathan: a dynamic analysis of balanced budget rules |
| Presented by: Marina Azzimonti Renzo, University of Texas - Austin |
| Fiscal Foresight: Analytical Issues |
| Presented by: Todd Walker, Indiana University |
| Social Security Reform with Impure Altruism |
| Presented by: Fang Yang, SUNY-Albany |
Session 8: Heterogeneity in Macroeconomics |
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| Session Chair: Leonardo Melosi, University of Pennsylvania |
| Date: May 8, 2008 |
| Time: 16:00 - 18:00 |
| Location: 410 McNeil |
| Information Heterogeneity in the Macroeconomy |
| JEL codes: E21, E25, E32 |
| Presented by: Ponpoje Porapakkarm, University of Virginia |
| Heterogeneous Price Setting Behavior and Monetary Non-neutrality: Some General Results |
| Presented by: Felipe Schwartzman, |
| Fiscal Policy in an Incomplete Markets Economy |
| Presented by: Valery Polkovnichenko, U of Texas at Dallas |
| Imperfect Common Knowledge and Allocation of Attention |
| Presented by: Leonardo Melosi, University of Pennsylvania |
Session 9: Banking and Payments |
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| Session Chair: Zhu Wang, Federal Reserve Bank of Kansas City |
| Date: May 9, 2008 |
| Time: 9:00 - 10:30 |
| Location: 103 McNeil |
| Run Equilibria in a Model of Financial Intermediation |
| JEL codes: D82, G21 |
| Presented by: Huberto Ennis, Federal Reserve Bank of Richmond |
| Private Money and Bank Runs |
| Presented by: Hongfei Sun, Queen's University |
| The Economics of Two-Sided Payment Card Markets: Pricing, Adoption and Usage |
| Presented by: Zhu Wang, Federal Reserve Bank of Kansas City |
Session 10: Foreign Capital |
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| Session Chair: Diego Valderrama, Federal Reserve Bank of San Francisco |
| Date: May 9, 2008 |
| Time: 9:00 - 10:30 |
| Location: 167-8 McNeil |
| Endogenous Policies and Foreign Direct Investment In Developing Countries: Theory and Evidence From China and India |
| JEL codes: F23, E6, O43 |
| Presented by: Yong Wang, University of Chicago |
| FInancial Openness: Foreign Loans vs. FDI |
| Presented by: Katheryn Russ, University of California, Davis |
| Do Intangible Assets Explain High U.S. Foreign Direct Investment Returns? |
| Presented by: Benjamin Bridgman, Bureau of Economic Analysis |
| Why Do Emerging Economies Import Direct Investment and Export Savings? A Story of Financial Underdevelopment |
| Presented by: Diego Valderrama, Federal Reserve Bank of San Francisco |
Session 11: Growth and Development II |
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| Session Chair: Raul Santaeulalia-Llopis, University of Pennsylvania |
| Date: May 9, 2008 |
| Time: 9:00 - 10:30 |
| Location: 285 McNeil |
| Families as Roommates: Changes in U.S. Household Size from 1850 to 2000 |
| Presented by: Todd Schoellman, Clemson University |
| Pacifying Monogamy: The Mystery Revisited |
| Presented by: Nils-Petter Lagerlöf, York University |
| Malthus to Romer: On the Colonial Origins of the Industrial Revolution |
| Presented by: Juan Cordoba, Rice University |
| Aggregate Effects of AIDS on Development |
| Presented by: Raul Santaeulalia-Llopis, University of Pennsylvania |
Session 12: Self-Employment |
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| Session Chair: Silvio Rendon, |
| Date: May 9, 2008 |
| Time: 9:00 - 10:30 |
| Location: 410 McNeil |
| Choosing to keep up with the Joneses |
| JEL codes: E2 J22 |
| Presented by: Richard Barnett, Villanova University |
| Self-Employment and Labor Market Policies |
| Presented by: Alok Kumar, University of Victoria |
| Entrepreneurship and Relative Wealth Concerns |
| Presented by: Manoj Atolia, Florida State University |
| International Job Search: Mexicans in and out of the U.S. |
| Presented by: Silvio Rendon, |
Session 13: Issues in Fiscal and Monetary Policy |
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| Session Chair: Andrea Pescatori, Federal Reserve Bank of Cleveland |
| Date: May 9, 2008 |
| Time: 9:00 - 10:30 |
| Location: 1st Fl. Conf Rm |
| Aggregate and Welfare Effects of Redistribution of Wealth Under Inflation and Price-Level Targeting |
| JEL codes: E21, E31, E52 |
| Presented by: Yaz Terajima, Bank of Canada |
| Government Investment and the European Stability and Growth Pact |
| Presented by: Marco Bassetto, Federal Reserve Bank of Chicago |
| Inflation Stabilization and Welfare (and Model Uncertainty) |
| Presented by: Thomas Tallarini, The Federal Reserve Board |
| Inflation-Output Gap Trade-off with a Dominant Oil Supplier |
| Presented by: Andrea Pescatori, Federal Reserve Bank of Cleveland |
Session 14: Bankruptcy and Credit |
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| Session Chair: Leonardo Martinez, Federal Reserve Bank of Richmond |
| Date: May 9, 2008 |
| Time: 10:45 - 12:15 |
| Location: 103 McNeil |
| A Quantitative Theory of Information and Unsecured Credit |
| JEL codes: D82, D91, E21 |
| Presented by: Xuan Tam, University of Virginia |
| The Role of Information in Consumer Debt and Bankruptcy |
| Presented by: Juan Sanchez, University of Rochester |
| Costly Contracts and Consumer Credit |
| Presented by: Jim MacGee, University of Western Ontario |
| A model of credit risk without commitment |
| Presented by: Leonardo Martinez, Federal Reserve Bank of Richmond |
Session 15: Estimation of DSGE Models |
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| Session Chair: Pablo Guerron-Quintana, North Carolina State University |
| Date: May 9, 2008 |
| Time: 10:45 - 12:15 |
| Location: 167-8 McNeil |
| Deep Habits and Fiscal Policy in an Estimated DSGE Model |
| Presented by: Sarah Zubairy, Duke University |
| Yield Curve in an Estimated Nonlinear Macro Model |
| Presented by: Taeyoung Doh, Federal Reserve Bank of Kansas City |
| Insights from an Estimated Search-Based Monetary Model with Nominal Rigidities |
| Presented by: S. Boragan Aruoba, University of Maryland |
| On the Implications of Inflation in a Micro-founded Macroeconometric Model |
| Presented by: Pablo Guerron-Quintana, North Carolina State University |
Session 16: Topics in Macroeconomics I |
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| Session Chair: Stefano Eusepi, Fedral Reserve Bank of New York |
| Date: May 9, 2008 |
| Time: 10:45 - 12:15 |
| Location: 1st Fl Conf Rm |
| Euler Equation Branching |
| JEL codes: E13, E32, E62. |
| Presented by: David Stockman, University of Delaware |
| The Stability of Macroeconomic Systems with Bayesian Learners |
| Presented by: Jacek Suda, Washington University in St. Louis |
| Liquidity Crises and Productivity Growth |
| Presented by: Todd Keister, Federal Reserve Bank of New York |
| Does Determinacy Imply Expectational Stability? |
| Presented by: Stefano Eusepi, Fedral Reserve Bank of New York |
Session 17: Macro/Labor |
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| Session Chair: Iourii Manovskii, University of Pennsylvania |
| Date: May 9, 2008 |
| Time: 10:45 - 12:15 |
| Location: 285 McNeil |
| The Evolution of Education: A Macroeconomic Analysis |
| Presented by: Guillaume Vandenbroucke, University of Southern California |
| Aggregate Implications of Indivisible Labor, Incomplete Markets, and Labor Market Frictions |
| Presented by: Aysegul Sahin, Federal Reserve Bank of New York |
| Demographic Change and the Return to Experience |
| Presented by: Iourii Manovskii, University of Pennsylvania |
Session 18: International Business Cycles and Sectoral Comovements |
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| Session Chair: Riccardo DiCecio, Federal Reserve Bank of St. Louis |
| Date: May 9, 2008 |
| Time: 10:45 - 12:15 |
| Location: 410 McNeil |
| Offshoring, Trade in Tasks and (Occupational) Specificity of Human Capital |
| JEL codes: E24, F16, J24 |
| Presented by: Moritz Ritter, University of Toronto |
| The International Propagation of News Shocks |
| Presented by: Martial Dupaigne, GREMAQ |
| Quantitative Implications of Liquidity Constraints for Asset Prices and Monetary Policy |
| Presented by: Young Sik Kim, Seoul National University |
| Comovement: It's not a Puzzle |
| Presented by: Riccardo DiCecio, Federal Reserve Bank of St. Louis |
Session 19: Monetary Theory |
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| Session Chair: Daniela Puzzello, University of Illinois at Urbana-Champaign |
| Date: May 9, 2008 |
| Time: 13:30 - 15:00 |
| Location: 103 McNeil |
| A random matching model with reported trading histories |
| Presented by: Tao Zhu, Cornell University |
| One or Two Monies? |
| Presented by: Janet Hua Jiang, University of Manitoba |
| Money and Memory |
| Presented by: Braz Camargo, University of Western Ontario |
| Stationarity without degeneracy in a model of commodity money |
| Presented by: Daniela Puzzello, University of Illinois at Urbana-Champaign |
Session 20: Trade Costs and Trade Dynamics |
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| Session Chair: Horag Choi, The University of Auckland |
| Date: May 9, 2008 |
| Time: 13:30 - 15:00 |
| Location: 167-8 McNeil |
| Long-Run Price Elasticity of Trade Flows and the Trade-Comovement Puzzle |
| JEL codes: E32, F41 |
| Presented by: Lukasz Drozd, University of Wisconsin |
| International Trade in Durable Goods: Understanding Volatility, Cyclicality, and Elasticities |
| Presented by: Jian Wang, Federal Reserve Bank of Dallas |
| Convexitites, Nonconvexities, and Firm Export Behavior |
| Presented by: Kim Ruhl, University of Texas Austin |
| Establishment Heterogeneity, Exporter Dynamics, and the Effects of Trade Liberalization |
| Presented by: Horag Choi, The University of Auckland |
Session 21: Equilibrium Unemployment Fluctuations |
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| Session Chair: Makoto Nakajima, University of Illinois at Urbana-Champaign |
| Date: May 9, 2008 |
| Time: 13:30 - 15:00 |
| Location: 285 McNeil |
| Credit, Vacancies and Unemployment Fluctuations |
| JEL codes: J60 E32 E44 |
| Presented by: Nicolas Petrosky-Nadeau, Universite du Quebec a Montreal |
| Exogenous vs. Endogenous Separation |
| Presented by: Garey Ramey, UC San Diego |
| Labor Market Cycles and Unemployment Insurance Eligibility |
| Presented by: Min Zhang, University of Toronto |
| Business Cycles in the Equilibrium Model of Labor Market Search and Self-Insurance |
| Presented by: Makoto Nakajima, University of Illinois at Urbana-Champaign |
Session 22: (S,s) policies in General Equilibrium |
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| Session Chair: Aubhik Khan, Federal Reserve Bank of Philadelphia |
| Date: May 9, 2008 |
| Time: 13:30 - 15:00 |
| Location: 410 McNeil |
| Inventories, Markups, and Real Rigidities in Menu Cost Models |
| JEL codes: E31, E32 |
| Presented by: Oleksiy Kryvtsov, Bank of Canada |
| Investment opportunity, labor market search and employment dynamics over business cycles |
| Presented by: Zhe Li, University of Toronto |
| Breaking the New Keynesian Dichotomy: Asset Market Segmentation and the Monetary Transmission Mechanism |
| Presented by: Julia Thomas, Federal Reserve Bank of Philadelphia |
| (S,s) inventories, state-dependent prices and the propagation of nominal shocks |
| Presented by: Aubhik Khan, Federal Reserve Bank of Philadelphia |
Session 23: Topics in Macroeconomics II |
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| Session Chair: Min Ouyang, University of California Irvine |
| Date: May 9, 2008 |
| Time: 13:30 - 15:00 |
| Location: 1st Fl Conf Rm |
| Blood Diamonds: What Makes Them Bloody? |
| JEL codes: O43, Q34 |
| Presented by: Wenhui Fan, University of British Columbia |
| Efficient Risk Sharing in the Presence of a Public Good |
| Presented by: Christine Hauser, University of Rochester |
| The Dynamics of Portfolio Choice and Wealth Inequality when |
| Presented by: Irasema Alonso, University of Rochester |
| On the Cyclicality of R&D |
| Presented by: Min Ouyang, University of California Irvine |
Session 24: Labor Theory |
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| Session Chair: Manolis Galenianos, Pennsylvania State University |
| Date: May 9, 2008 |
| Time: 15:15 - 16:45 |
| Location: 103 McNeil |
| Wage Dispersion and Wage Dynamics Within and Across Firms |
| JEL codes: J64 |
| Presented by: Eric Smith, University of Essex |
| Endogenous, State-Dependent Matching with Implications for the Cyclical Behavior of Unemployment |
| Presented by: Ben Lester, University of Western Ontario |
| Labor Hoarding Contracts with Coordination Frictions |
| Presented by: Nicolas Jacquet, Singapore Management University |
| Hiring through Referrals |
| Presented by: Manolis Galenianos, Pennsylvania State University |
Session 25: Topics in International Economics |
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| Session Chair: Hyeongwoo Kim, Auburn University |
| Date: May 9, 2008 |
| Time: 15:15 - 16:45 |
| Location: 167-8 McNeil |
| Revisiting Cross-Country Correlation Anomalies |
| JEL codes: F4 |
| Presented by: Alok Johri, McMaster University |
| Variety-Skill Complementarity Hypothesis: A Simple Resolution of Trade-Wage Inequality Anomaly |
| Presented by: Yoshinori Kurokawa, State University of New York at Buffalo |
| The Structure of the American Economy |
| Presented by: Eric Fisher, California Polytechnic State University |
| Purchasing Power Parity and the Taylor Rule |
| Presented by: Hyeongwoo Kim, Auburn University |
Session 26: Social Security |
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| Session Chair: Vipul Bhatt, The Ohio State University |
| Date: May 9, 2008 |
| Time: 15:15 - 16:45 |
| Location: 285 McNeil |
| Nonseparable Preferences and Optimal Social Security Systems |
| Presented by: Borys Grochulski, Federal Reserve Bank of Richmond |
| Social Security and Two-Earner Households |
| Presented by: Remzi Kaygusuz, Sabanci University, Istanbul |
| Tough Love and Intergenerational Altruism |
| Presented by: Vipul Bhatt, The Ohio State University |
Session 27: Long-term Contractual Arrangements |
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| Session Chair: Eva Carceles-Poveda, SUNY at Stony Brook |
| Date: May 9, 2008 |
| Time: 15:15 - 16:45 |
| Location: 410 McNeil |
| Total Executive Compensation |
| JEL codes: D82, D86, D92 |
| Presented by: Gian Luca Clementi, Stern School of Business |
| Debt Contracts with Short-Term Commitment |
| Presented by: Natalia Kovrijnykh, University of Chicago |
| Stochastic Costly State Veri cation and Dynamic Contracts |
| Presented by: Latchezar Popov, The University of Iowa |
| Equity Financing |
| Presented by: Eva Carceles-Poveda, SUNY at Stony Brook |
Session 28: Topics in Macroeconomics III |
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| Session Chair: Rubina Verma, University of Southern California |
| Date: May 9, 2008 |
| Time: 15:15 - 16:45 |
| Location: 1st Fl Conf Rm |
| Understanding "Instability" in Aggregate Money Demand: An Approach based on a Life-Cycle Model of Household Portfolio Choice |
| JEL codes: E41 |
| Presented by: Drew Saunders, Krannert School of Mgmt, Purdue Univ. |
| Accounting for Lifecycle Wealth Accumulation: The Role of Housing Institution |
| Presented by: Sang-Wook (Stanley) Cho, University of Minnesota / University of New South Wales |
| Demographics and Effective Capital/Labor Taxes in OECD Countries |
| Presented by: Kazuki Konno, University of Texas at Austin |
| Productivity Driven Services Led Growth |
| Presented by: Rubina Verma, University of Southern California |
Session 29: Sovereign Default |
|---|
| Session Chair: Jihad Dagher, University of Southern California |
| Date: May 10, 2008 |
| Time: 9:30 - 11:00 |
| Location: 103 McNeil |
| A Solution to the Default Risk-Business Cycle Disconnect |
| Presented by: Vivian Zhanwei YUE, New York University |
| Indexed Sovereign Debt: An Applied Framework |
| Presented by: Horacio Sapriza, Rutgers University |
| Trade Surpluses and Growth in a Limited Commitment Economy |
| Presented by: Tani Fukui, UCLA |
| Sudden Stops, Output Drops and Credit Collapses |
| Presented by: Jihad Dagher, University of Southern California |
Session 30: International Prices |
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| Session Chair: Chikako Baba, University of Wisconsin - Madison |
| Date: May 10, 2008 |
| Time: 9:30 - 11:00 |
| Location: 167-8 McNeil |
| Local Costs of Distribution, International Trade Costs and Micro Evidence on the Law of One Price |
| JEL codes: F11, F15 |
| Presented by: Rahul Giri, University of Southern California |
| Accounting for persistence and volatility of good-level real exchange rates: the role of sticky information |
| [slides] |
| Presented by: Takayuki Tsuruga, Kansai University |
| A Regime Switching Analysis of Exchange Rate Pass-through |
| Presented by: Kolver Hernandez, University of Delaware |
| Local Cost, Markup, and the Law of One Price |
| Presented by: Chikako Baba, University of Wisconsin - Madison |
Session 31: Quantitative Macro |
|---|
| Session Chair: Karsten Jeske, Federal Reserve Bank of Atlanta |
| Date: May 10, 2008 |
| Time: 9:30 - 11:00 |
| Location: 285 McNeil |
| Uninsurable Risk and Financial Market Puzzles |
| Presented by: Parantap Basu, University of Durham |
| Measuring the Welfare Gain from Personal Computers |
| Presented by: Karen Kopecky, The University of Western Ontario |
| A General Equilibrium Theory of College with Education Subsidies, In-School Labor Supply, and Borrowing Constraints |
| Presented by: Carlos Garriga, Federal Reserve Bank of St. Louis |
| Productivity, Energy Prices and the Great Moderation: A New Link |
| Presented by: Karsten Jeske, Federal Reserve Bank of Atlanta |
Session 32: Growth and Development III |
|---|
| Session Chair: Gregory Gilpin, Indiana University |
| Date: May 10, 2008 |
| Time: 9:30 - 11:00 |
| Location: 410 McNeil |
| Cross-country Variation in Educational Attainment: Structural Change or Within Industry Skill Upgrading? |
| JEL codes: I2, J24 |
| Presented by: Lutz Hendricks, Iowa State University |
| Driving Forces of the Canadian Economy: An Accounting Exercise |
| Presented by: Simona Cociuba, Federal Reserve Bank of Dallas |
| DISEASES AND DEVELOPMENT:A Theory of Infection Dynamics and Economic Behavior |
| Presented by: Chris Papageorgiou, IMF |
| The Quantity and Quality of Teachers: A Dynamic Trade-off |
| Presented by: Gregory Gilpin, Indiana University |
Session 33: Monetary Policy II |
|---|
| Session Chair: Gaetano Antinolfi, Washington University |
| Date: May 10, 2008 |
| Time: 11:15 - 12:45 |
| Location: 103 McNeil |
| Public Information and Monetary Policy |
| JEL codes: D80, E52 |
| Presented by: Marie Hoerova, European Central Bank |
| Essential Interest-Bearing Money |
| Presented by: David Andolfatto, Simon Fraser University |
| Adverse Selection and the Role of Monetary Policy |
| Presented by: Daniel Sanches, Washington University in St. Louis |
| The Optimal Inflation Target in an Economy with Limited Enforcement |
| Presented by: Gaetano Antinolfi, Washington University |
Session 34: Private Information and Contracting |
|---|
| Session Chair: Pamela Labadie, George Washington University |
| Date: May 10, 2008 |
| Time: 11:15 - 12:45 |
| Location: 167-8 McNeil |
| Asset Contractibility in Markov-Perfect Insurance |
| Presented by: Fernando Martin, Simon Fraser University |
| Fraud and Optimal Monitoring |
| Presented by: B Ravikumar, University of Iowa |
| Retrading in Competitive Equilibria with Adverse Selection |
| Presented by: Pamela Labadie, George Washington University |
Session 35: Geography, Innovation and Education |
|---|
| Session Chair: Marla Ripoll, University of Pittsburgh |
| Date: May 10, 2008 |
| Time: 11:15 - 12:45 |
| Location: 285 McNeil |
| Productivity and Employment Density: New Estimates and Macroeconomic Implications |
| Presented by: Morris Davis, University of Wisconsin-Madison, School |
| On the Granular Origins of Incremental Technical Change |
| Presented by: Christos Koulovatianos, University of Vienna |
| The Dynamics of Innovation and Horizontal Differentiation |
| Presented by: Borghan Nezami Narajabad, Rice University |
| The Role of Education in Development |
| Presented by: Marla Ripoll, University of Pittsburgh |
Session 36: Emerging Markets' Economies |
|---|
| Session Chair: Maria Olivero, Drexel University |
| Date: May 10, 2008 |
| Time: 11:15 - 12:45 |
| Location: 410 McNeil |
| Precautionary Demand for Foreign Assets in Sudden Stop Economies: An Assessment of the New Mercantilism |
| JEL codes: F41, F32, E44 |
| Presented by: Ceyhun Bora Durdu, Federal Reserve Board |
| A Neoclassical Analysis of the Asian Crisis: Business Cycle Accounting for a Small Open Economy |
| Presented by: Keisuke Otsu, Sophia University |
| Cyclical Wage Movements in Emerging Markets Compared to Developed Economies: the Role of Interest Rates |
| Presented by: Nan Li, Ohio State University |
| Twin Crises in Emerging Markets: The Role of Liability Dollarization and Imperfect Competition in Banking |
| Presented by: Maria Olivero, Drexel University |
Session 37: Economics and Frictions |
|---|
| Session Chair: Ling Sun, University of Toronto |
| Date: May 10, 2008 |
| Time: 13:45 - 15:45 |
| Location: 103 McNeil |
| Wage-Training Contract and Wage Dynamics In a Job Search Model with General Human Capital |
| Presented by: Chao Fu, University of Pennsylvania |
| Friction Induced Trade |
| Presented by: John Kennes, University of Aarhus |
| Venture Capital and Underpricing: Capacity Constraints and Early Sales |
| Presented by: Roberto Pinheiro, University of Pennsylvania |
| Delayed Output Response to Productivity Shocks in a Monetary Search Model |
| Presented by: Ling Sun, University of Toronto |
Session 38: Asset Prices and Macroeconomics |
|---|
| Session Chair: Paul Scanlon, Trinity College Dublin |
| Date: May 10, 2008 |
| Time: 13:45 - 15:45 |
| Location: 167-8 McNeil |
| A Multiplier Approach to Understanding the Macro Implications of Household Finance |
| JEL codes: G12 |
| Presented by: YiLi Chien, Purdue University |
| Asset Prices in a Huggett Economy |
| Presented by: Toshihiko Mukoyama, University of Virginia |
| Foreclosures and House Prices |
| Presented by: Don Schlagenhauf, Florida State University |
| Bubbles in Prices of Exaustible Resources |
| [slides] |
| Presented by: Boyan Jovanovic, New York University |
| Consumption Variety and Asset Prices |
| Presented by: Paul Scanlon, Trinity College Dublin |
Session 39: Marriage, Fertility, and Female Labor Force Participation |
|---|
| Session Chair: Linda Yuetyee Wong, University of Iowa and Binghamton Univer |
| Date: May 10, 2008 |
| Time: 13:45 - 15:45 |
| Location: 285 McNeil |
| Fertility choice in a lifecycle model with idiosyncratic uninsurable earnings risk |
| Presented by: Kamila Vetechova, Georgetown University |
| The Effect of Household Appliances on Female Labor Force Participation: Evidence From Micro Data |
| Presented by: Daniele Coen-Pirani, Carnegie Mellon University |
| The Origin of the Institutions of Marriage |
| Presented by: Marina Adshade, Dalhousie University |
| Black-White Intermarriage |
| Presented by: Linda Yuetyee Wong, University of Iowa and Binghamton Univer |
Session 40: Firm and Household Heterogeneity |
|---|
| Session Chair: Wenli Li, Federal Reserve Bank of Philadelphia |
| Date: May 10, 2008 |
| Time: 13:45 - 15:45 |
| Location: 410 McNeil |
| A quantitative model of costly reallocation and aggregate productivity |
| JEL codes: E22, L16 |
| Presented by: Shutao Cao, Bank of Canada |
| Entry, Exit and Investment-Specific Technical Change |
| Presented by: Roberto Samaniego, George Washington University |
| Housing over the Life Cycle: A Structural Estimation |
| Presented by: Wenli Li, Federal Reserve Bank of Philadelphia |
This program was last updated on 2008-05-07 8:4:57 EDT