November 7, 2014
11:50 to 12:00	Buses Leave the Hotels for the Campus, In Front of Sofitel and Hyatt
12:30 to 13:00	Registration, Ryder Business Building (RB)
13:00 to 14:40	Session Block #1: (3 concurrent sessions), Ryder Business Building (RB)
14:40 to 15:00	Coffee Break, The Lobby of GL-100
15:00 to 16:40	Session Block #2: (3 concurrent sessions), Steve and Dorothea Green Library (GL)
17:00 to 18:00	Guillermo Calvo - Plenary Lecture, School of International and Public Affairs: SIPA-125
18:00 to 19:00	Reception, School of International and Public Affairs: SIPA LOBBY
19:15 to 19:20	Buses Leave the Campus for the Hotels
November 8, 2014
07:25 to 07:30	Buses Leave the Hotels for the Campus, In Front of Sofitel and Hyatt
08:00 to 08:20	Coffee, Ernest R. Graham Center: GC-280
08:20 to 10:00	Session Block #3: (4 concurrent sessions), Ernest R. Graham Center (GC)
10:00 to 10:20	Coffee Break, Ernest R. Graham Center: GC-280
10:20 to 12:00	Session Block #4: (4 concurrent sessions), Ernest R. Graham Center (GC)
12:00 to 13:00	Lunch Break: Boxed lunchs will be available, Ernest R. Graham Center: GC-280
13:00 to 14:40	Session Block #5: (4 concurrent sessions), Ernest R. Graham Center (GC)
14:40 to 15:00	Coffee Break, Ernest R. Graham Center: GC-280
15:00 to 16:40	Session Block #6: (4 concurrent sessions), Ernest R. Graham Center (GC)
16:40 to 17:00	Coffee Break, The Lobby of GL-100
17:00 to 18:00	Timothy J. Kehoe - Plenary Lecture, Steve and Dorothea Green Library: GL-100
18:15 to 18:20	Buses Leave the Campus for the Hotels
19:00 to 21:00	Conference Dinner, Hotel Sofitel - Monte Carlo Ballroom
November 9, 2014
08:10 to 08:15	Buses Leave the Hotels for the Campus, In Front of Sofitel and Hyatt
08:40 to 09:00	Coffee, Ernest R. Graham Center: GC-280
09:00 to 10:40	Session Block #7: (4 concurrent sessions), Ernest R. Graham Center (GC)
10:40 to 11:00	Coffee Break, Ernest R. Graham Center: GC-280
11:00 to 12:40	Session Block #8: (3 concurrent sessions), Ernest R. Graham Center (GC)
12:55 to 13:00	Buses Leave the Campus for the Hotels

Summary of All Sessions
Click here for an index of all participants

#	Date/Time	Location	Title	Papers
1	November 7, 2014 13:00-14:40	RB-120	Session 1.1 - Banking/Finance	4
2	November 7, 2014 13:00-14:40	RB-130	Session 1.2 - Empirical Methodology	3
3	November 7, 2014 13:00-14:40	RB-140	Session 1.3 - International Finance (1)	4
4	November 7, 2014 15:00-16:40	GL-139	Session 2.1 - Monetary Policy (1)	4
5	November 7, 2014 15:00-16:40	GL-166	Session 2.2 - Mortgage/Assets	4
6	November 7, 2014 15:00-16:40	GL-266	Session 2.3 - International Trade (1)	4
7	November 8, 2014 8:20-10:00	GC-283A	Session 3.1 - Taxation	4
8	November 8, 2014 8:20-10:00	GC-285	Session 3.2 - Productivity	3
9	November 8, 2014 8:20-10:00	GC-287A	Session 3.3 - Monetary Policy (2)	4
10	November 8, 2014 8:20-10:00	GC-287B	Session 3.4 - Macroeconomic Theory	4
11	November 8, 2014 10:20-12:00	GC-283A	Session 4.1 - Labor Economics (1)	4
12	November 8, 2014 10:20-12:00	GC-285	Session 4.2 - International Finance (2)	4
13	November 8, 2014 10:20-12:00	GC-287A	Session 4.3 - Fiscal Policy	4
14	November 8, 2014 10:20-12:00	GC-287B	Session 4.4 - Financial Frictions	4
15	November 8, 2014 13:00-14:40	GC-283A	Session 5.1 - Business Cycles (1)	4
16	November 8, 2014 13:00-14:40	GC-285	Session 5.2 - Debt/Inequality	4
17	November 8, 2014 13:00-14:40	GC-287A	Session 5.3 - Development/Growth (1)	4
18	November 8, 2014 13:00-14:40	GC-287B	Session 5.4 - Macroprudential Policy	4
19	November 8, 2014 15:00-16:40	GC-283A	Session 6.1 - Monetary and Fiscal Policy	4
20	November 8, 2014 15:00-16:40	GC-285	Session 6.2 - Prices	4
21	November 8, 2014 15:00-16:40	GC-287A	Session 6.3 - International Trade (2)	4
22	November 8, 2014 15:00-16:40	GC-287B	Session 6.4 - Business Cycles (2)	4
23	November 9, 2014 9:00-10:40	GC-283A	Session 7.1 - Business Cycles (3)	4
24	November 9, 2014 9:00-10:40	GC-285	Session 7.2 - Development/Growth (2)	4
25	November 9, 2014 9:00-10:40	GC-287A	Session 7.3 - Housing	3
26	November 9, 2014 9:00-10:40	GC-287B	Session 7.4 - Labor Economics (2)	4
27	November 9, 2014 11:00-12:40	GC-283A	Session 8.1 - Monetary Policy (3)	4
28	November 9, 2014 11:00-12:40	GC-285	Session 8.2 - Development/Growth (3)	4
29	November 9, 2014 11:00-12:40	GC-287A	Session 8.3 - Business Cycle (4)	4

 

29 sessions, 113 papers, and 0 presentations with no associated papers

Midwest Macro Meeting
Detailed List of Sessions

Session 1: Session 1.1 - Banking/Finance November 7, 2014 13:00 to 14:40 RB-120
Session Chair: Chadwick Curtis, University of Richmond
A comparison of the internal and external determinants of global bank loans: Evidence from bilateral cross-country data
Presented by: Uluc Aysun, University of Central Florida
Banking Competition, Capital Accumulation, and Monetary Policy
Presented by: Edgar Ghossoub, University of Texas at San Antonio
Bank regulation under fire sale externalities
Presented by: Gazi Kara, Federal Reserve Board
The Macroeconomic Determinants of Firm-Level Cash Holding
Presented by: Chadwick Curtis, University of Richmond
Session 2: Session 1.2 - Empirical Methodology November 7, 2014 13:00 to 14:40 RB-130
Session Chair: Maral Kichian, University of Ottawa
Testing for Structural Breaks with Local Smoothers: A Simulation Study
Presented by: Serda Ozturk, Istanbul Bilgi University
Efficient simulation of DSGE models with occasionally binding constraints
Presented by: Tom Holden, University of Surrey
Oil Price Forecasts for Macroeconomic Projections: Experts Outlooks, Models, or Both?
Presented by: Maral Kichian, University of Ottawa
Session 3: Session 1.3 - International Finance (1) November 7, 2014 13:00 to 14:40 RB-140
Session Chair: Takayuki Tsuruga, Kyoto Unviersity
Impact of Foreign Official Purchases of U.S Treasuries on the Yield Curve
Presented by: Erin Wolcott, University of California, San Diego
International Transmission Channels of U.S. Quantitative Easing: Evidence from Canada
Presented by: Tatjana Dahlhaus, Bank of Canada
Exchange Rate Pass-Through and the Role of Market Shares
Presented by: Michael Malenbaum, CUNY Graduate Center
Effects of Commodity Price Shocks on Inflation: A Cross Country Analysis
Presented by: Takayuki Tsuruga, Kyoto Unviersity
Session 4: Session 2.1 - Monetary Policy (1) November 7, 2014 15:00 to 16:40 GL-139
Session Chair: Bingbing Dong, University of Virginia
Indeterminacy and Learning: An Analysis of Monetary Policy in the Great Inflation
Presented by: Christian Matthes, Federal Reserve Bank of Richmond
A Central Bank's Escape From an Indeterminacy Trap
[slides]
Presented by: Nelson Lind, University of California, San Diego
Expectations, Learning, and Forward Guidance
Presented by: Stephen Cole, University of California, Irvine
Forward Guidance and Optimal Credible Monetary Policy
Presented by: Bingbing Dong, University of Virginia
Session 5: Session 2.2 - Mortgage/Assets November 7, 2014 15:00 to 16:40 GL-166
Session Chair: John Kandrac, Board of Governors of the Federal Reserve
Determinants of Saving Rate in the US: The Role of Mortgage Payments
Presented by: Cengiz Tunc, Central Bank of Turkey
Heterogeneous Households, Mortgage Debts and Housing Demand over the Great Recession
Presented by: Lini Zhang, Central University of Finance and Economics
Implications of Security Market Data for Production Technologies
Presented by: Andrew Chen, Federal Reserve Board
The Costs of Quantitative Easing: Liquidity and Market Functioning Effects of Federal Reserve MBS Purchases
Presented by: John Kandrac, Board of Governors of the Federal Reserve
Session 6: Session 2.3 - International Trade (1) November 7, 2014 15:00 to 16:40 GL-266
Session Chair: Parul Deswal, Suffolk University
International Trade Fluctuations and Monetary Policy
Presented by: Fernando Leibovici, York University
Asymmetric Trade Liberalizations and Current Account Dynamics
Presented by: Alessandro Barattieri, ESG UQAM
Trade Costs and Markups
Presented by: Alexander McQuoid, Florida International University
International trade costs in services
Presented by: Parul Deswal, Suffolk University
Session 7: Session 3.1 - Taxation November 8, 2014 8:20 to 10:00 GC-283A
Session Chair: Ufuk Demirel, Congressional Budget Office
Inflation-Protected Income Taxes and Monetary Dominance
Presented by: Andrew Keinsley, University of Kansas
State-Dependent Output and Welfare Effects of Tax Shocks
Presented by: Jonathan Wolff, Miami University of Ohio
Collateralized Debt and Sovereign Default
Presented by: Yasin Kursat Onder, Central Bank of Turkey
The Short-Term Effects of Tax Changes in the United States: Evidence for State Dependence
Presented by: Ufuk Demirel, Congressional Budget Office
Session 8: Session 3.2 - Productivity November 8, 2014 8:20 to 10:00 GC-285
Session Chair: Tatsuro Senga, The Ohio State University
Misallocation and Recovery Rates
Presented by: Asli Senkal,
Allocation of Female Talent and Cross-Country Productivity Differences
Presented by: Munseob Lee, University of Chicago
A New Look at Uncertainty Shocks: Imperfect Information and Misallocation
Presented by: Tatsuro Senga, The Ohio State University
Session 9: Session 3.3 - Monetary Policy (2) November 8, 2014 8:20 to 10:00 GC-287A
Session Chair: Lena Koerber, Bank of England and London School of Economics
Does Calvo Meet Rotemberg at the Zero Lower Bound?
Presented by: Phuong Ngo, Cleveland State University
Monetary Policy and Skill Heterogeneity
Presented by: Robert Lester, University of Notre Dame
Real Fluctuations at the Zero Lower Bound
[slides]
Presented by: Brent Bundick, Federal Reserve Bank of Kansas City
Small and orthodox fiscal multipliers at the zero lower bound
Presented by: Lena Koerber, Bank of England and London School of Economics
Session 10: Session 3.4 - Macroeconomic Theory November 8, 2014 8:20 to 10:00 GC-287B
Session Chair: Vadym Lepetyuk, Bank of Canada
Continuous Markov Equilibria with Quasi-Geometric Discounting
Presented by: Burcu Eyigungor, Federal Reserve Bank of Philadelphia
The Macroeconomic Consequences of Asset Bubbles and Crashes
Presented by: Lisi Shi, Uconn
Risk Aversion and the Financial Accelerator
Presented by: Giacomo Candian, Boston College
A Reinforcement Learning Approach to Solving Incomplete Market Models with Aggregate Uncertainty
Presented by: Vadym Lepetyuk, Bank of Canada
Session 11: Session 4.1 - Labor Economics (1) November 8, 2014 10:20 to 12:00 GC-283A
Session Chair: David Arseneau, Federal Reserve Board
Wage dynamics and labor market transitions: a reassessment through total income and “usual” wages.
Presented by: Maria Canon, Federal Reserve Bank of Saint Louis
Unemployment Benefits and Matching Efficiency in an Estimated DSGE Model with Labor Market Search Frictions
Presented by: Ji Zhang, Tsinghua University
Unemployment and Inventories
Presented by: Jan Duras, Penn State University
The Welfare Costs of Skill-Mismatch Employment
Presented by: David Arseneau, Federal Reserve Board
Session 12: Session 4.2 - International Finance (2) November 8, 2014 10:20 to 12:00 GC-285
Session Chair: Juan Sanchez, Federal Reserve Bank of St. Louis
Motivations for capital controls and their effectiveness
Presented by: Gurnain Pasricha, Bank of Canada
The Macroeconomic Effects of Debt- and Equity Based Capital Inflows
Presented by: Scott Davis, Federal Reserve Bank of Dallas
Ride the Wild Surf: An investigation of the drivers of surges in capital inflows
Presented by: Megumi Kubota, World Bank
Evaluating the World Capital Allocation
Presented by: Juan Sanchez, Federal Reserve Bank of St. Louis
Session 13: Session 4.3 - Fiscal Policy November 8, 2014 10:20 to 12:00 GC-287A
Session Chair: Mikhail Dmitriev, Florida State University
A Narrative Approach to a Fiscal DSGE Model
Presented by: Thorsten Drautzburg, Federal Reserve Bank of Philadelphia
Fiscal Multipliers at the Zero Lower Bound: The Role of Policy Inertia
Presented by: Taisuke Nakata, Federal Reserve Board
Accounting for Japanese Fiscal Multipliers: State-dependent Pricing meets the Zero Lower Bound?
Presented by: Nam Vu, Vanderbilt Unviversity
The Optimal Design of a Fiscal Union
Presented by: Mikhail Dmitriev, Florida State University
Session 14: Session 4.4 - Financial Frictions November 8, 2014 10:20 to 12:00 GC-287B
Session Chair: Manuel Macera, Colorado State University
Costly Financial Intermediation and Excess Consumption Volatility
Presented by: Ayse Sapci, Colgate University
Financial Volatility and its Economic Effects
Presented by: Thiago Teixeira Ferreira, Federal Reserve Board
Financial Markets, Industry Dynamics, and Growth
Presented by: Pietro Peretto, Duke University
Credit Crises and Private Liquidity: The Role of Household Debt
Presented by: Manuel Macera, Colorado State University
Session 15: Session 5.1 - Business Cycles (1) November 8, 2014 13:00 to 14:40 GC-283A
Session Chair: Mario Crucini, Vanderbilt University
International Spillovers of Large-Scale Asset Purchases
Presented by: Serdar Kabaca, Bank of Canada
Understanding the cross country effects of US technology shocks
Presented by: Thuy Lan Nguyen, Columbia University
What do inventories tell us about news-driven business cycles?
Presented by: Hyunseung Oh, Vanderbilt University
Trends and Cycles in Small Open Economies: Making the Case for A General Equilibrium Approach
Presented by: Mario Crucini, Vanderbilt University
Session 16: Session 5.2 - Debt/Inequality November 8, 2014 13:00 to 14:40 GC-285
Session Chair: Zeynep Kabukcuoglu, University of Pittsburgh
Need for the Right Speed: Public Debt Deleveraging and the Timing of Austerity
Presented by: Federica Romei, European University Institute
Doves for the Rich, Hawks for the Poor? Distributional Consequences of Monetary Policy
Presented by: Nils Gornemann, Board of Governors
Current Account Norms in Natural Resource Rich and Capital Scarce Economies
Presented by: Bin Li, International Monetary Fund
Income Inequality and Sovereign Debt Default
Presented by: Zeynep Kabukcuoglu, University of Pittsburgh
Session 17: Session 5.3 - Development/Growth (1) November 8, 2014 13:00 to 14:40 GC-287A
Session Chair: Alexander Monge-Naranjo, Federal Reserve Bank of St. Louis
Research Policy and U.S. Economic Growth
Presented by: Richard M. H. Suen, University of Connecticut
Getting Help From Abroad: The Macroeconomics of Foreign Direct Investment in Infrastructure in Low-Income Countries
Presented by: Yin Germaschewski, Howard University
Population Aging, Migration Spillovers, and the Decline in Interstate Migration
Presented by: Serena Rhee, University of Hawaii at Manoa
Education Policies and Structural Transformation
[slides]
Presented by: Alexander Monge-Naranjo, Federal Reserve Bank of St. Louis
Session 18: Session 5.4 - Macroprudential Policy November 8, 2014 13:00 to 14:40 GC-287B
Session Chair: Bill Dupor, Federal Reserve Bank of St. Louis
Addressing Household Indebtedness: Monetary, Fiscal or Macroprudential Policy?
Presented by: Sami Alpanda, Bank of Canada
Evaluating Macroprudential Policy in a DSGE Framework with Financial Frictions
Presented by: Sherry Yu, New College of Florida
Regulations on timing of sovereign credit ratings
Presented by: Laura Desplans, University of Rochester
The 2009 Recovery Act: Stimulus at the Extensive and Intensive Labor Margins
Presented by: Bill Dupor, Federal Reserve Bank of St. Louis
Session 19: Session 6.1 - Monetary and Fiscal Policy November 8, 2014 15:00 to 16:40 GC-283A
Session Chair: Daria Finocchiaro, Sveriges Riksbank
Inflation, Debt, and Default
Presented by: Sewon Hur, University of Pittsburgh
Cross-region transfers in a monetary union
Presented by: Steven Pennings, World Bank
Limited Asset Market Participation and State-Dependent Effects of Monetary Policy and Government Spending Shocks
Presented by: Hikaru Saijo, University of California, Santa Cruz
Tax Benefi ts of Debt-Financing and the Optimal Rate of Infl‡ation
Presented by: Daria Finocchiaro, Sveriges Riksbank
Session 20: Session 6.2 - Prices November 8, 2014 15:00 to 16:40 GC-285
Session Chair: Craig Benedict, Vanderbilt University
Shopping Behavior and Cost of Living during the Great Recession
Presented by: David Argente, University of Chicago
State Dependency in Price and Wage Setting
Presented by: Shuhei Takahashi, Kyoto University
Price Search, Consumption Inequality, and Expenditure Inequality over the Life Cycle
Presented by: Yavuz Arslan, The Central Bank of the Republic of Turkey
On What State Do Prices Depend: Answers from Ecuador
[slides]
Presented by: Craig Benedict, Vanderbilt University
Session 21: Session 6.3 - International Trade (2) November 8, 2014 15:00 to 16:40 GC-287A
Session Chair: Illenin Kondo, Federal Reserve Board
Income Distribution, Quality Sorting and Trade
Presented by: Alvaro Garcia Marin, UCLA
Competition and the welfare gains from transportation infrastructure: Evidence from the Golden Quadrilateral of India
Presented by: Jose Asturias, Georgetown University
Quality and the Great Trade Collapse
Presented by: Luciana Juvenal, International Monetary Fund
Trade Reforms, Foreign Competition, and Labor Market Adjustments in the U.S.
Presented by: Illenin Kondo, Federal Reserve Board
Session 22: Session 6.4 - Business Cycles (2) November 8, 2014 15:00 to 16:40 GC-287B
Session Chair: Wataru Miyamoto, Bank of Canada
Firm and Job Creation Policies During Recessions in Emerging Economies
Presented by: Alan Finkelstein Shapiro, Universidad de los Andes, Colombia
Kiss Me Deadly: From Finnish Great Depression to Great Recession
Presented by: Adam Gulan, Bank of Finland
Costly Labor Adjustment and Sectoral Comovement over the Business Cycle
Presented by: Shunqin Chen, The George Washington University
News shocks in Business Cycles: evidence from forecast data
Presented by: Wataru Miyamoto, Bank of Canada
Session 23: Session 7.1 - Business Cycles (3) November 9, 2014 9:00 to 10:40 GC-283A
Session Chair: Steffen Ahrens, Technische Universität Berlin
The propagation of industrial business cycles
Presented by: Danilo Leiva-Leon, Bank of Canada
Heterogeneity and redistribution in financial crises
Presented by: Daichi Shirai, The Canon Institute for Global Studies
Employment Duration over the Business Cycles: Quits vs. Firings
Presented by: Ismail Baydur, ADA University
Layoff Taxes, Unemployment Insurance, and Business Cylce Fluctuations
Presented by: Steffen Ahrens, Technische Universität Berlin
Session 24: Session 7.2 - Development/Growth (2) November 9, 2014 9:00 to 10:40 GC-285
Session Chair: Junmin Liao, Washington University in St. Louis
The European Union and Economic Growth: The average treatment effect of adopting the euro
Presented by: Huseyin Aytug, Central Bank of Turkey
Commodity Prices and Growth
Presented by: Domenico Ferraro, Arizona State University
Unemployment and Development: Harris-Todaro Meets Mortensen Pissarides
Presented by: David Wiczer, FRB St. Louis
The Rise of the Service Sector: Expansion of Distribution and Personal Services
Presented by: Junmin Liao, Washington University in St. Louis
Session 25: Session 7.3 - Housing November 9, 2014 9:00 to 10:40 GC-287A
Session Chair: Andrew Smith, Federal Reserve Bank of Kansas City
The Great Housing Boom of China
Presented by: Kaiji Chen, Emory University
Joint Dynamics of House Prices and Foreclosures
Presented by: Yavuz Arslan, The Central Bank of the Republic of Turkey
House Prices, Heterogeneous Banks and Unconventional Monetary Policy Options
Presented by: Andrew Smith, Federal Reserve Bank of Kansas City
Session 26: Session 7.4 - Labor Economics (2) November 9, 2014 9:00 to 10:40 GC-287B
Session Chair: Selva Baziki, Uppsala University
Why do Europeans steal more than Americans?
Presented by: Marek Kapicka, University of California Santa Barbara
Incentivizing the Disabled: Optimal Employment and Social Insurance Policies
Presented by: Soojin Kim, Purdue University
Health Care Reform or Labor Market Reform? A Quantitative Analysis of the Affordable Care Act
Presented by: Didem Tuzemen, Federal Reserve Bank of Kansas City
Import Competition and Technological Changes: Mobility of Workers and Firms
Presented by: Selva Baziki, Uppsala University
Session 27: Session 8.1 - Monetary Policy (3) November 9, 2014 11:00 to 12:40 GC-283A
Session Chair: Christian Friedrich, Bank of Canada
The Systematic Component of Monetary Policy in SVARs: An Agnostic Identification Procedure
Presented by: Jonas Arias, Federal Reserve Board
Post-Crisis Slow Recovery and Monetary Policy
Presented by: Daisuke Ikeda, Bank of Japan
Optimal Monetary Policy in Open Economies with Incomplete Markets
[slides]
Presented by: Matthew Hoelle, Purdue University
Global Inflation Dynamics in the Post-Crisis Period: What Explains the Twin Puzzle?
Presented by: Christian Friedrich, Bank of Canada
Session 28: Session 8.2 - Development/Growth (3) November 9, 2014 11:00 to 12:40 GC-285
Session Chair: Mihaela Pintea, Florida International University
Imitation, Innovation, and Growth
Presented by: Tracy Collins, New College of Florida
Chinese Roads in India: The Effect of Transport Infrastructure on Economic Development
Presented by: Simon Alder, University of North Carolina at Chapel H
Is Informality a Barrier to Convergence?
Presented by: Nebahat Ferda Erturk, Bogazici University
The Role of Productivity, Transportation Costs, and Barriers to Intersectoral Mobility in Structural Transformation
Presented by: Mihaela Pintea, Florida International University
Session 29: Session 8.3 - Business Cycle (4) November 9, 2014 11:00 to 12:40 GC-287A
Session Chair: Diego Vilan, University of Southern California
Financial Market Integration and Spillover Effects
Presented by: Kyunghun Kim, University of California, Davis
Remittances, Entrepreneurship and Employment Dynamics over the Business Cycle
Presented by: Alan Finkelstein Shapiro, Universidad de los Andes, Colombia
Dispersed Beliefs, Frictional Acquisition of Used Capital, and Investment Dynamics: Evidence and Theory
Presented by: Dun Jia, University of Maryland - College Park
Demand Shocks and Endogenous Uncertainty
Presented by: Diego Vilan, University of Southern California

 

This program was last updated on 2014-11-10 17:29:41 EDT