64 sessions, 235 papers, and 0 presentations with no associated papers

Midwest Macroeconomics Conference
Complete List of All Sessions

 

Session ID 1: Macroeconomics of Saving
Session Chair: Noam Gruber, University of Michigan
Session type: contributed
Date: May 11, 2012
Time: 13:00 - 14:45
Location: 162
High and Rising Chinese Saving: It's Still A Puzzle
Presented by: Weifeng Wu, Johns Hopkins University
Optimal Borrowing Constraints, Growth and Savings in an Open Economy
Presented by: Amanda Michaud, University of Minnesota
Keeping up with the Zhangs: household saving behavior as a function of relative income and wealth
Presented by: Noam Gruber, University of Michigan
Session ID 2: Unemployment Insurance
Session Chair: David Fuller, Concordia University
Session type: contributed
Date: May 11, 2012
Time: 13:00 - 14:45
Location: 160
OPTIMAL LABOR-MARKET POLICY IN RECESSIONS
Presented by: Keith Kuester, Federal Reserve Bank of Philadelphia
Payroll Taxes, Social Insurance and Business
Presented by: Mark Weder, The University of Adelaide
Unemployment Insurance Take-up Rates in an Equilibrium Search Model
Presented by: David Fuller, Concordia University
A Unified Production and Matching Function: Implications for Factor Shares
Presented by: Sephorah Mangin, Becker-Friedman Institute, University of Chicago
Session ID 3: Uncertainty
Session Chair: Robert Rich, Federal Reserve Bank of New York
Session type: contributed
Date: May 11, 2012
Time: 13:00 - 14:45
Location: 159
Time Varying Volatilities of Output Growth and Inflation: A Multi-Country Investigation
Presented by: Victor Valcarcel, Texas Tech University
Technology Choice and Endogenous Productivity Dispersion over the Business Cycles
Presented by: Can Tian, University of Pennsylvania
The Measurement and Behavior of Uncertainty: Evidence from the ECB Survey of Professional Forecasters
Presented by: Robert Rich, Federal Reserve Bank of New York
Session ID 4: Technological Change
Session Chair: Yoshinori Kurokawa, University of Tsukuba
Session type: contributed
Date: May 11, 2012
Time: 13:00 - 14:45
Location: 158
Directed Technological Change: A Quantitative Analysis
Presented by: Robert Tamura, Clemson University
Population, Technology and Fragmentation: The European Miracle Revisited
Presented by: Nils-Petter Lagerlof, York University
New Goods and Long-Run Trends in Labor Supply
Presented by: Paul Scanlon, Trinity College Dublin
Task Variety and Skill Flexibility: A Simple Unified Theory of Between- and Within-group Inequality
Presented by: Yoshinori Kurokawa, University of Tsukuba
Session ID 5: Trade and Growth
Session Chair: John Seater, North Carolina State University
Session type: contributed
Date: May 11, 2012
Time: 13:00 - 14:45
Location: 134
Heterogenous Capital and Income Differences
Presented by: Piyusha Mutreja, Syracuse University
Capital Goods Trade and Economic Development
Presented by: B Ravikumar, Federal Reserve Bank of St. Louis
Trade, Growth, and the World Income Distribution
Presented by: John Seater, North Carolina State University
Session ID 6: Macroeconomics of Oil
Session Chair: Michael Plante, Research Department
Session type: contributed
Date: May 11, 2012
Time: 13:00 - 4:45
Location: GC-A
Real-Time Analysis of Oil Price Risks Using Forecast Scenarios
Presented by: Christiane Baumeister, Bank of Canada
Speculation in the Oil Market
Presented by: Luciana Juvenal, Federal Reserve Bank of St Louis
Time-Varying Oil Price Volatility and Macroeconomic Aggregates
Presented by: Nora Traum, North Carolina State University
How Should Monetary Policy Respond to Changes in the Relative Price of Oil? Considering Supply and Demand Shocks
Presented by: Michael Plante, Research Department
Session ID 7: Price Stickiness
Session Chair: Michal Andrle, IMF
Session type: contributed
Date: May 11, 2012
Time: 13:00 - 14:45
Location: GC-B
Optimal Disinflation under Learning
Presented by: Christian Matthes, Universitat Pompeu Fabra
Is Increased Price Flexibility Stabilizing? Redux
Presented by: Raphael Schoenle, Brandeis University
Home Production, Price Stickiness and Economic Fluctuations
Presented by: Robert Lester, University of Notre Dame
Cheers to Good Health of the US Short-Run Phillips Curve: Output and Inflation through 1960–2011
Presented by: Michal Andrle, IMF
Session ID 8: Business Cycles I
Session Chair: Francesca Carapella, Board of Governors of the Federal Reserv
Session type: contributed
Date: May 11, 2012
Time: 13:00 - 14:45
Location: GC-C
Permanent and Transitory Technology Shocks and the Behavior of Hours: A Challenge for DSGE Models
Presented by: Eric Sims, University of Notre Dame
Interpreting the Hours-Technology time-varying relationship
Presented by: Filippo Ferroni, Banque de France
Information and Intervention in Financial Crises
Presented by: Aditya Bhave, University of Chicago
Information insensitive securities: the benfits of central counterparties
Presented by: Francesca Carapella, Board of Governors of the Federal Reserv
Session ID 9: Price Setting/Inflation Dynamics
Session Chairs:
1. Wei Dong, Bank of Canada
2. Shutao Cao, Bank of Canada
Session type: contributed
Date: May 11, 2012
Time: 15:00 - 16:45
Location: 162
Understanding Retail Price Differences across U.S. Cities: A Tale of Two Frictions
Presented by: Chi-Young Choi, University of Texas at Arlington
Noisy information, distance and law of one price dynamics across US cities
Presented by: Takayuki Tsuruga, Kyoto Unviersity
measuring core inflation under price divergence
Presented by: Donggyu Sul, University of Texas at Dallas
The Sensitivity of Producer Prices to Exchange Rates: Insights from Micro Data
Presented by: Shutao Cao, Bank of Canada
Session ID 10: Marriage Markets
Session Chair: Randall Wright, U Wisconsin
Session type: contributed
Date: May 11, 2012
Time: 15:00 - 16:45
Location: 160
Racing the biological clock: Age determinants of marital search decisions
Presented by: Nuray Akin, University of Miami
Macrolabor, Marriage, and Money: Does Marriage Make Cents?
Presented by: Yuet-Yee Wong, Binghamton University
Marriage, Markets and Money: A Coasian Theory of Household Formation
Presented by: Randall Wright, U Wisconsin
Session ID 11: International Macro/Trade I
Session Chair: Michael Sposi, University of Iowa
Session type: contributed
Date: May 11, 2012
Time: 15:00 - 16:45
Location: 159
Information Costs and International Currencies
Presented by: Cathy Zhang, UC Irvine
Real Exchange Rate Undervaluation, Trade and Misallocation In China
Presented by: Hua Chai, University of Chicago
Did Trade Crisis Affect Exporters Differently? Case of Mexico
Presented by: Rahul Giri, Instituto Tecnológico Autónomo de México
Evolving Comparative Advantage, Structural Change, and the Composition of Trade
Presented by: Michael Sposi, University of Iowa
Session ID 12: Housing Dynamics
Session Chair: Fang Yang, SUNY-Albany
Session type: contributed
Date: May 11, 2012
Time: 15:00 - 16:45
Location: 158
Bubbles or Fundamentals? Understanding Boom and Bust Episodes in the Housing Market
Presented by: Adrian Peralta-Alva, Federal Reserve Bank of St. Louis
Housing Dynamics: Theory Behind Empirics
Presented by: Ping Wang, Washington University
Housing and Liquidity
Presented by: Yu Zhu, University of Wisconsin
Financial Reform and Housing Prices
Presented by: Fang Yang, SUNY-Albany
Session ID 13: Public Policy
Session Chair: Christian Zimmermann, Federal Reserve Bank of St. Louis
Session type: contributed
Date: May 11, 2012
Time: 15:00 - 16:45
Location: 134
Fiscal Austerity Measures: Spending Cuts vs. Tax Increases
Presented by: Gerhard Glomm, Indiana University
Welfare Effects of Social Safety Nets: The Role of Private Insurance
Presented by: Kai (Jackie) Zhao, University of Western Ontario
Petro Populism
Presented by: Gisle Natvik, Norges Bank
Inequality in Consumption Equivalence
Presented by: Christian Zimmermann, Federal Reserve Bank of St. Louis
Session ID 14: Unemployment and Labor Search
Session Chair: Francesc Obiols Homs,
Session type: contributed
Date: May 11, 2012
Time: 15:00 - 16:45
Location: GC-A
Labor Market Dynamics with Endogenous Labor Force Participation and On-the-Job Search
Presented by: Didem Tuzemen, The Federal Reserve Bank of Kansas City
Search and matching in the labor market without unemployment insurance
Presented by: Francesc Obiols Homs,
Discussant:   Makoto Nakajima, Federal Reserve Bank of Philadelphia
Session ID 15: Credit
Session Chair: Ana Maria Herrera, Wayne State University
Session type: contributed
Date: May 11, 2012
Time: 15:00 - 16:45
Location: GC-B
Quantity Rationing of Credit and the Phillips Curve
Presented by: George Waters, Illinois State University
Required Reserves as a Credit Policy Tool
Presented by: Yasin Mimir, University of Maryland College Park
Corporate Credit Spreads and Business Cycles
Presented by: Seon Tae Kim, ITAM
Credit Reallocation and the Macroeconomy: Evidence from U.S. Bank Deregulation
Presented by: Ana Maria Herrera, Wayne State University
Session ID 16: Business Cycles II
Session Chair: Erwan Quintin, University of Wisconsin at Madison
Session type: contributed
Date: May 11, 2012
Time: 15:00 - 16:45
Location: GC-C
News Shocks and the Term Structure of Interest Rates: Lessons for DSGE Models
Presented by: Christopher Otrok, University of Missouri
News on Inflation and the Epidemiology of Inflation Expectations
Presented by: Damjan Pfajfar, CentER, EBC, University of Tilburg
Uncertainty Shocks in an Economy with Collateral Constraints
Presented by: Aubhik Khan, Ohio State University
The Rise of Securitization: \\ A Recursive Security Design Approach
Presented by: Erwan Quintin, University of Wisconsin at Madison
Session ID 17: International Macro I
Session Chair: Nicholas Coleman, Brown University
Session type: contributed
Date: May 12, 2012
Time: 8:30 - 10:15
Location: 162
Optimal Monetary Policy in an Estimated Local Currency Pricing Model
Presented by: Eiji OKANO, Chiba Keizai University
Economies of Scale in Banking, Confidence Shocks, and Business Cycles
Presented by: Erasmus Kersting, Villanova University
Foreign-Currency Debts and Fiscal Dynamics in Small Open Economies
Presented by: Cheng-ying Yang, University of Wisconsin
Bank Ownership, Lending, and Local Economic Performance in the 2008 Financial Crisis
Presented by: Nicholas Coleman, Brown University
Session ID 18: Worker Flows
Session Chair: Pedro Amaral, Federal Reserve Bank of Cleveland
Session type: contributed
Date: May 12, 2012
Time: 8:30 - 10:15
Location: 160
Accounting for Unemployment: The Long and Short of it
Presented by: Andreas Hornstein, Federal Reserve Bank of Richmond
Heterogeneous Workers, Optimal Job Seeking, and Aggregate Labor Market Dynamics
Presented by: Brendan Epstein, Federal Reserve Board
The Ins and Outs of Unemployment in the Long Run
Presented by: Murat Tasci, Federal Reserve Bank of Cleveland
The Cyclical Behavior of Equilibrium Unemployment and Vacancies Across OECD Countries
Presented by: Pedro Amaral, Federal Reserve Bank of Cleveland
Session ID 19: Misallocation and Development
Session Chair: Baiyu Dong, NEW YORK UNIVERSITY
Session type: contributed
Date: May 12, 2012
Time: 8:30 - 10:15
Location: 159
Misallocation, Informality, and Human Capital
Presented by: Asli Senkal, University of Virginia
Misallocation and Growth
Presented by: Boyan Jovanovic, New York University
The Macroeconomics of Microfinance
Presented by: Joseph Kaboski, University of Notre Dame
Misallocation or Mismeasurement? Evidence from Plant-Level Data
Presented by: Baiyu Dong, NEW YORK UNIVERSITY
Session ID 20: Social Security
Session Chair: Sagiri Kitao, Hunter College
Session type: contributed
Date: May 12, 2012
Time: 8:30 - 10:15
Location: 158
Social Security and Retirement across the OECD
Presented by: Jorge Alonso-Ortiz, Instituto Tecnologico Autonomo de Mexico
Stock Market Participation, Portfolio Choice and Pensions over the Life-Cycle
Presented by: Steffan Ball, Federal Reserve Board
Income Redistribution Through Social Security: The Timing Matters
Presented by: Roozbeh Hosseini, Arizona State University
Sustainable Social Security: Four Options
Presented by: Sagiri Kitao, Hunter College
Session ID 21: Occupational Choice and Mobility
Session Chair: William Hawkins, University of Rochester
Session type: contributed
Date: May 12, 2012
Time: 8:30 - 10:15
Location: 134
Learning and Life Cycle Patterns of Occupational Transitions
Presented by: Aspen Gorry, UC, Santa Cruz
Economic Development and the Organization of Production
Presented by: Nicolas Roys, University of Wisconsin Madison
Competence, Complementarity, and Career Choice
Presented by: Simeon Alder, University of Notre Dame
Financial Frictions and Occupational Mobility
Presented by: William Hawkins, University of Rochester
Session ID 22: Financial Frictions and Monetary Policy
Session Chair: Jonathan Wolff, University of Notre Dame
Session type: contributed
Date: May 12, 2012
Time: 8:30 - 10:15
Location: GC-A
Financial Innovations and Interest Rate Policy
Presented by: Martin Fukac, Federal Reserve Bank of Kansas City
The implications of dynamic financial frictions for DSGE models
Presented by: Uluc Aysun, University of Central Florida
Central Bank Liquidity Provision and Financial Sector Competition
Presented by: Edgar Ghossoub, University of Texas at San Antonio
Decomposing Financial Shocks: The TARP Program of 2008
Presented by: Jonathan Wolff, University of Notre Dame
Session ID 23: Fiscal Policy
Session Chair: Manuel Gonzalez-Astudillo, Indiana University
Session type: contributed
Date: May 12, 2012
Time: 8:30 - 10:15
Location: GC-B
Regional Analysis of the Effects of Fiscal Shocks: A Factor-augmented Vector Autoregressive Approach
Presented by: Sarah Zubairy, Bank of Canada
How Does Government Spending Stimulate Consumption?
Presented by: Daniel Murphy, University of Michigan
In Search of a Model of the Government Spending Shock
Presented by: Anna Kormilitsina, Southern Methodist University
Monetary and Fiscal Policy Interactions: Interdependent Policy Rule Coefficients
Presented by: Manuel Gonzalez-Astudillo, Indiana University
Session ID 24: Business Cycles III
Session Chair: TengTeng Xu, Bank of Canada
Session type: contributed
Date: May 12, 2012
Time: 8:30 - 10:15
Location: GC-C
Optimal Fiscal and Monetary Policy With Occasionally Binding Zero Bound Constraints
Presented by: Taisuke Nakata, New York University
Quantitative Easing at the Zero Lower Bound
Presented by: José Dorich, Bank of Canada
Optimal Discretionary Monetary Policy with a Zero Lower Bound on Nominal Interest Rate
Presented by: Phuong Ngo, Boston University
Business Cycle Effects of Credit and Technology Shocks in a DSGE Model with Firm Defaults
Presented by: TengTeng Xu, Bank of Canada
Session ID 25: International Macro II
Session Chair: Thuy Lan Nguyen, Columbia University
Session type: contributed
Date: May 12, 2012
Time: 10:30 - 12:15
Location: 162
Common and Idiosyncratic Disturbances in Developed Small Open Economies
Presented by: Pablo Guerron-Quintana, Federal Reserve Bank of Philadelphia
Noisy Information, Risk Sharing and International Business Cycles
Presented by: Zi-Yi Guo, Vanderbilt University
Offshore Production and Business Cycle Dynamics with Heterogeneous Firms
Presented by: Andrei Zlate, Board of Governors of the Federal Reserve System
The role of common shocks in small open economies between 1900 and 2006
Presented by: Thuy Lan Nguyen, Columbia University
Session ID 26: Labor Supply and Incomplete Markets
Session Chair: Jose Mustre-del-Rio, Federal Reserve Bank of Kansas City
Session type: contributed
Date: May 12, 2012
Time: 10:30 - 12:15
Location: 160
The Impact of Personal Bankruptcy on Labor Supply Decisions
Presented by: Daphne Chen, Florida State University
The Risk Premium in Labor Markets
Presented by: Pedro Silos, Federal Reserve Bank of Atlanta
The Earned Income Tax Credit: Insurance Without Disincentives?
Presented by: Nicole Simpson, Colgate University
Aggregate Implications of Individual Labor Supply Heterogeneity
Presented by: Jose Mustre-del-Rio, Federal Reserve Bank of Kansas City
Session ID 27: Finance and Growth
Session Chair: Sebastian Stumpner, UC Berkeley
Session type: contributed
Date: May 12, 2012
Time: 10:30 - 12:15
Location: 159
Targeting the Poor: A Macroeconomic Analysis of Cash Transfer Programs
Presented by: Eduardo Zilberman, PUC-Rio
Financial Markets, Misallocation and Total Factor Productivity: The Role of Informational Efficiency
Presented by: Joseph Steinberg, Univ of Minnesota
How Banking Deregulation Affects Growth: Evidence from a Panel of U.S. States
Presented by: Ranajoy Ray-Chaudhuri, The Ohio State University
Understanding Misallocation: The Importance of Financial Constraints
Presented by: Sebastian Stumpner, UC Berkeley
Session ID 28: Health
Session Chair: Maria Prados, Columbia University
Session type: contributed
Date: May 12, 2012
Time: 10:30 - 12:15
Location: 158
Are Recessions Good for Your Health? When Ruhm Meets GHH
Presented by: Hui He, University of Hawaii
Value of Access to Medicare through Social Security Disability Insurance
Presented by: Seonghoon Kim, Ohio State University
A Life Cycle Approach to the Mechanism Connecting Health Inequality and Earnings Inequality
Presented by: Maria Prados, Columbia University
Session ID 29: Trade and Productivity
Session Chair: Ananth Ramanarayanan, University of Western Ontario
Session type: contributed
Date: May 12, 2012
Time: 10:30 - 12:15
Location: 134
Internal Trade and Aggregate Productivity
Presented by: Trevor Tombe, Wilfrid Laurier University
Imported Inputs and the Gains from Trade
Presented by: Ananth Ramanarayanan, University of Western Ontario
Globalization and the Changing Shape of Labor Recoveries
Presented by: Andrea Waddle, University of Minnesota
Materials Prices and Productivity
Presented by: Enghin Atalay, University of Chicago
Session ID 30: Business Cycles IV
Session Chair: Felipe Schwartzman, FRB - Richmond
Session type: contributed
Date: May 12, 2012
Time: 10:30 - 12:15
Location: GC-A
Evaluating Density Forecasts for U.S. Output Growth and Inflation in a Large Macroeconomic Data Set
Presented by: Tatevik Sekhposyan, Bank of Canada
Are Monetary Aggregates Useful in Taylor Rules? Evidence from a DSGE Model with a Financial Sector
Presented by: Andrew Smith, University of Kansas
Investment Collapses: Microeconomic Evidence from the Great Recession
Presented by: Felipe Schwartzman, FRB - Richmond
Session ID 31: Inflation
Session Chair: Chetan Subramanian, IIM Bangalore
Session type: contributed
Date: May 12, 2012
Time: 10:30 - 12:15
Location: GC-B
Central bank credibility and the persistence of inflation and inflation expectations
Presented by: Jonathan Davis, Federal Reserve Bank of Dallas
Firm-Specific Labor, Trend Inflation, and Equilibrium Stability
Presented by: Willem Van Zandweghe, Federal Reserve Bank of Kansas City
Sacrifice Ratios and Inflation Targeting:The Role of Credibility
Presented by: Marc Hofstetter, Universidad de los Andes and CEDE
Disinflation with labor market frictions
Presented by: Chetan Subramanian, IIM Bangalore
Session ID 32: Optimal Policy I
Session Chair: Shi Qi, Florida State University
Session type: contributed
Date: May 12, 2012
Time: 10:30 - 12:15
Location: GC-C
Can Social Security Really Replace a Missing Annuity Market?
Presented by: Lei (Nick) Guo, Jon M. Huntsman School of Business, Utah State University
Fiscal Multipliers with Time-Inconsistent Preferences
Presented by: Kerk Phillips, Brigham Young University
Aggregate Consequences of Tangible and Intangible Capital Rellocation
Presented by: Jahiz Barlas, University of Minnesota & Federal Reserve Bank of Minneapolis
Will A Decline in The Corporate Income Tax Rate Generate Jobs?
Presented by: Shi Qi, Florida State University
Session ID 33: International Macro III
Session Chair: Rudolfs Bems, International Monetary Fund
Session type: contributed
Date: May 12, 2012
Time: 14:45 - 16:30
Location: 162
The Risk Premium and Long-Run Global Imbalances
Presented by: Kanda Naknoi, Purdue University
Trade and Synchronization in a Multi Country Economy
Presented by: Luciana Juvenal, Federal Reserve Bank of St Louis
Export Dynamics in Large Devaluations
Presented by: Sangeeta Pratap, Hunter College and CUNY Graduate Center
Intermediate Inputs, External Rebalancing and Relative Price Adjustments
Presented by: Rudolfs Bems, International Monetary Fund
Session ID 34: Labor Search
Session Chair: Bulent Guler, Indiana University
Session type: contributed
Date: May 12, 2012
Time: 14:45 - 16:30
Location: 160
The Assignment of Workers to Jobs with Endogenous Information Selection
Presented by: Anton Cheremukhin, Federal Reserve Bank of Dallas
Hiring through referrals
Presented by: Manolis Galenianos, Pennsylvania State University
Give me your tired, your poor”, so I can prosper: immigration in search equilibrium
Presented by: Andri Chassamboulli, University of Cyprus
Homeownership and Unemployment:The Effect of Market Size
Presented by: Bulent Guler, Indiana University
Discussant:   Bulent Guler, Indiana University
Session ID 35: Industrial Mix and Development
Session Chair: Yong Wang, Hong Kong Univ. of Science &Technology
Session type: contributed
Date: May 12, 2012
Time: 14:45 - 16:30
Location: 159
Agricultural Risk, Intermediate Inputs, and Cross-Country Productivity Differences
Presented by: Kevin Donovan, Arizona State University
Stages of diversification and productivity growth differences
Presented by: Roberto Samaniego, George Washington University
A quantitative investigation of the structural transformation in England
Presented by: Oksana Leukhina, University of Washington
Marshallian Externality, Industrial Upgrading, and Industrial Policies
Presented by: Yong Wang, Hong Kong Univ. of Science &Technology
Session ID 36: Wages
Session Chair: Yu-Chien Kong, University of Iowa
Session type: contributed
Date: May 12, 2012
Time: 14:45 - 16:30
Location: 158
Wage rigidity and employment adjustment at the firm level: Evidence from survey data
Presented by: Carlos Marques, Banco de Portugal
Wage inequality, tasks and occupations
Presented by: Carol Scotese, Virginia Commonwealth University
Why Does the Minimum Wage (Almost) Not Reduce Employment?
Presented by: Isaac Sorkin, University of Michigan
Ability and Education Choice: Accounting Quantitatively for the Flattening of Lifetime-Earnings Profile
Presented by: Yu-Chien Kong, University of Iowa
Session ID 37: Export Prices, Exchange Rate Pass-Through
Session Chair: Steven Pennings, New York University
Session type: contributed
Date: May 12, 2012
Time: 14:45 - 16:30
Location: 134
Endogenous Trade Participation with Incomplete Exchange Rate Pass-Through
Presented by: Yuko Imura, The Ohio State University
Pass-through of Competitors' Exchange Rates
Presented by: Steven Pennings, New York University
Session ID 38: Business Cycles V
Session Chair: Gaetano Antinolfi, Washington University and Federal Reserve Board
Session type: contributed
Date: May 12, 2012
Time: 14:45 - 16:30
Location: GC-A
Financial Intermediation, Investment Dynamics and Business Cycle Fluctuations
Presented by: Andrea Ajello, Board of Governors of the Federal Reserve System
Structural Transformation and the Volatility of Aggregate Output: A Cross-country Analysis
Presented by: Constant Lonkeng Ngouana, International Monetary Fund
Financial innovation and aggregate economic activity
Presented by: Gaetano Antinolfi, Washington University and Federal Reserve Board
Liquidity Misallocation in an Over-The-Counter Market
Presented by: Shengxing Zhang, New York University
Session ID 39: Monetary Policy III
Session Chair: Todd Keister, Federal Reserve Bank of New York
Session type: contributed
Date: May 12, 2012
Time: 14:45 - 16:30
Location: GC-B
Asset Bubbles and Bailout
Presented by: Tomohiro Hirano, The University of Tokyo
Clash of the Titan: The Federal Reserve vs. Itself
Presented by: Sebastian Roelands, University of Notre Dame
Information and Efficiency Under Alternative Trading Protocols
Presented by: Andrei Shevchenko, Michigan State University
Expectations vs. Fundamentals: Does the Cause of Banking Panics Matter for Prudential Policy?
Presented by: Todd Keister, Federal Reserve Bank of New York
Session ID 40: Shocks, Risk and Uncertainty
Session Chair: Ha Nguyen, The World Bank
Session type: contributed
Date: May 12, 2012
Time: 14:45 - 16:30
Location: GC-C
Trend Shocks, Risk Sharing and Cross-Country Portfolio Holdings
Presented by: Yavuz Arslan, The Central Bank of the Republic of Turkey
International Risk Sharing in Emerging Economies
Presented by: Carlos Yepez, Brandeis University
Model Uncertainty and Intertemporal Tax Smoothing
Presented by: Jun Nie, Federal Reserve Bank of Kansas City
Crisis Transmission and Uneven Recoveries
Presented by: Ha Nguyen, The World Bank
Session ID 41: Exchange Rates
Session Chair: Kimberly Berg, University of Notre Dame
Session type: contributed
Date: May 12, 2012
Time: 16:45 - 18:30
Location: 162
Inattentive Consumers and Exchange Rate Volatility
Presented by: Mehmet Ekinci, Central Bank of the Republic of Turkey
Exchange Rate Forecasting under Model Uncertainty
Presented by: Ahmed Alzahrani, University of Texas at Dallas
Exchange Rates as Exchange Rate Common Factors
Presented by: Ryan Greenaway-McGrevy, Bureau of Economic Analysis
Nelson Mark, University of Notre Dame
Connecting the Exchange Rate Disconnect
Presented by: Kimberly Berg, University of Notre Dame
Session ID 42: Life Cycle issues in Macro
Session Chair: Marek Kapicka, University of California Santa Barbara
Session type: contributed
Date: May 12, 2012
Time: 16:45 - 18:30
Location: 160
The Role of Employer-Provided Health Insurance in a Model of Labor Supply and Retirement
Presented by: Hubert Janicki, U.S. Census Bureau
Intragenerational Bargaining and Inter Vivos Transfers
Presented by: James Feigenbaum, Utah State University
Geng Li, The Federal Reserve Board
Optimal Taxation in a Life-Cycle Economy with Endogenous Human Capital Formation
Presented by: Julian Neira, University of California Santa Barbara
A Lifecycle Model of Charitable Giving: A Quantitative Analysis of Social Preferences
Presented by: Hyeon Park, University of Pittsburgh
Session ID 43: Firm Heterogeneity and Business Cycles
Session Chair: Matthias Kehrig, University of Texas at Austin
Session type: contributed
Date: May 12, 2012
Time: 16:45 - 18:30
Location: 159
“Intangibles and Endogenous Firm Volatility over the Business Cycle”
Presented by: Hernan Moscoso Boedo, University of Virginia
Selection, Reallocation and the Shape of Aggregate Fluctuations: A General Equilibrium Analysis
Presented by: Julia Thomas, The Ohio State University
Default Risk and Aggregate Fluctuations in an Economy with Production Heterogeneity
Presented by: Tatsuro Senga, The Ohio State University
Investment Dynamics on the Plant and the Firm Level
Presented by: Matthias Kehrig, University of Texas at Austin
Session ID 44: Home Production
Session Chair: Morris Davis, University of Wisconsin-Madison, School
Session type: contributed
Date: May 12, 2012
Time: 16:45 - 18:30
Location: 158
The Role of Labor Productivity at Home - Reconciling Time Use Trends in Time Series and Cross Sections
Presented by: Guozhong Zhu, Peking University
A Cross-Country Comparison of the Imapct of Labor Income Tax on Female Labor Supply
Presented by: Marina Mendes Tavares, ITAM
Does Unemployment Insurance Crowd out Home Production?
Presented by: Temel Taskin, Central Bank of Turkey
Homework in Monetary Economics: Ináation, Home Production, and the Production of Homes
Presented by: Morris Davis, University of Wisconsin-Madison, School
Session ID 45: Asset Pricing
Session Chair: Andrew Glover, University of Texas at Austin
Session type: contributed
Date: May 12, 2012
Time: 16:45 - 18:30
Location: 134
Inequality and Asset Prices
Presented by: Daniel Barczyk, McGill University
Understanding Housing Market Volatility
Presented by: Shu Wu, The University of Kansas
Core and `Crust': Consumer Prices and the Term Structure of Interest Rates
Presented by: Luca Benzoni, Federal Reserve Bank of Chicago
The Effect of Workforce Quality on Firm Value
Presented by: Andrew Glover, University of Texas at Austin
Session ID 46: Business Cycles VI
Session Chair: Manjola Tase, Brandeis University
Session type: contributed
Date: May 12, 2012
Time: 16:45 - 18:30
Location: GC-A
Uncovering the Fed's Preferences
Presented by: Munechika Katayama, Louisiana State University
The Interplay Between Student Loans and Credit Cards and Amplification of Consumer Default
Presented by: Felicia Ionescu, Colgate University
Sectoral Allocation, Risk Efficiency and the Great Moderation
Presented by: Manjola Tase, Brandeis University
Session ID 47: International Finance
Session Chair: Andres Fernandez, Inter-American Development Bank
Session type: contributed
Date: May 12, 2012
Time: 16:45 - 18:30
Location: GC-B
Foreign Lenders in Emerging Economies
Presented by: Raoul Minetti, Michigan State University
Interest Rates and Business Cycles in Emerging Economies.The Role of Financial Frictions.
Presented by: Andres Fernandez, Inter-American Development Bank
Session ID 48: Investment and Innovation
Session Chair: Michio Suzuki, University of Tokyo
Session type: contributed
Date: May 12, 2012
Time: 16:45 - 18:30
Location: GC-C
The Gains from Coordinating Intellectual Property Right Protection
Presented by: Jeff Thurk, University of Notre Dame
Aggregate Innovation Fluctuations and Complementary Ideas
Presented by: David Fieldhouse, The University of Western Ontario
Investment and Borrowing Constraints: Evidence from Japanese Firms
Presented by: Michio Suzuki, University of Tokyo
Session ID 49: Sovereign Debt
Session Chair: Yasin Kursat Onder, Georgetown University
Session type: contributed
Date: May 13, 2012
Time: 8:30 - 10:15
Location: 162
The Stock of External Sovereign Debt: Can We Take the Data At `Face Value'?
Presented by: Daniel Dias, University of Illinois at Urbana-Champaign and CEMAPRE
Inflation, Default and the Currency Composition of Sovereign Debt
Presented by: Daniel Fried, University of Virginia
Sovereign Default Risk and Uncertainty Premia
Presented by: Ignacio Presno, Federal Reserve Bank of Boston
Sovereign Default & Cheap Talk
Presented by: Yasin Kursat Onder, Georgetown University
Session ID 50: Optimal Policy II
Session Chair: Simona Cociuba, University of Western Ontario
Session type: contributed
Date: May 13, 2012
Time: 8:30 - 10:15
Location: 160
Time Consistent Optimal Fiscal Policy over the Business Cycle
Presented by: Zhigang Feng, Department of Banking and Finance
Robust Self-Insurance
Presented by: Rhys Bidder, Federal Reserve Bank of San Francisco
Do Low Interest Rates Sow the Seeds of Financial Crisis?
Presented by: Simona Cociuba, University of Western Ontario
Session ID 51: Fertility Behavior
Session Chair: Wung Lik Ng, Washington University in St Louis
Session type: contributed
Date: May 13, 2012
Time: 8:30 - 10:15
Location: 159
Optimal Fertility During World War I
Presented by: Guillaume Vandenbroucke, University of Southern California
Sex and the Single Girl: Cultural Persistence and the Pill
Presented by: Kelly Ragan, Stockholm School of Economics
Baby Boom, the Marriage Market and the World War II
Presented by: Wung Lik Ng, Washington University in St Louis
Session ID 52: Human Capital, Health and Education
Session Chair: Juan Cordoba, Iowa State University
Session type: contributed
Date: May 13, 2012
Time: 8:30 - 10:15
Location: 158
Implications of Public Education Financing Systems for Earnings Inequality and Intergenerational Mobility
Presented by: Christopher Herrington, Arizona State University
Immigrants and Early Childhood Human Capital
Presented by: Todd Schoellman, Arizona State University
Does Health Matter? A Quantitative Analysis of Cross-country Income Differences
Presented by: Yin-Chi Wang, Washington University in St. Louis
Life, Death and World Inequality
Presented by: Juan Cordoba, Iowa State University
Session ID 53: Credit, Liquidity, and Financial Frictions
Session Chair: Patrick Macnamara, University of Rochester
Session type: contributed
Date: May 13, 2012
Time: 8:30 - 10:15
Location: 134
Free Riding on Liquidity
Presented by: Alessandro Marchesiani, University of Minho
Formal vs. Informal Default in Consumer Credit
Presented by: David Benjamin, SUNY Buffalo
Credit Uncertainty Cycle
Presented by: Enrique Martinez-Garcia, Federal Reserve Bank of Dallas
Firm Entry and Exit with Financial Frictions
Presented by: Patrick Macnamara, University of Rochester
Session ID 54: Monetary Policy I
Session Chair: Jonathan Willis, Federal Reserve Bank of Kansas City
Session type: contributed
Date: May 13, 2012
Time: 8:30 - 10:15
Location: GC-A
Output Gaps and Robust Monetary Policy Rules
Presented by: Roberto Billi, Sveriges Riksbank
Sectoral Interactions and Monetary Policy Under Costly Price Adjustments
Presented by: Jonathan Willis, Federal Reserve Bank of Kansas City
Session ID 55: Business Cycles VII
Session Chair: Nathaniel Throckmorton, Indiana University Bloomington
Session type: contributed
Date: May 13, 2012
Time: 8:30 - 10:15
Location: GC-B
Estimating Sovereign Default Risk
Presented by: Huixin Bi, Bank of Canada
Perturbation Methods for Markov-Switching Models
Presented by: Andrew Foerster, Federal Reserve Bank of Kansas City
Government Debt and Macroeconomic Volatility
Presented by: Matt Schurin, University of Connecticut
Accuracy, Speed and Robustness of Policy Function Iteration
Presented by: Nathaniel Throckmorton, Indiana University Bloomington
Session ID 56: Banking
Session Chair: Junghwan Mok, Boston University
Session type: contributed
Date: May 13, 2012
Time: 8:30 - 10:15
Location: GC-C
An Empirical Study on Liquidity and Bank Lending
Presented by: Timur Hulagu, Central Bank of Turkey
US Banking Industry Dynamics: A Matching Model with Segmented Loan Markets
Presented by: Devrim Ikizler, University of Texas at Austin
Exploring the Cyclical Behavior of Capital Buffer of US Commercial Banks
Presented by: Junghwan Mok, Boston University
Session ID 57: Crises
Session Chair: Davide Furceri, International Monetary Fund & University of Palermo
Session type: contributed
Date: May 13, 2012
Time: 10:30 - 12:15
Location: 162
BRIC and the U.S. Financial Crisis: An Empirical Investigation of Stocks and Bonds Markets
Presented by: Marcelo Bianconi, Tufts University
Cherry Picking Winners or Aiding the Distressed? Anatomy of a Financial Crisis Intervention
Presented by: Suparna Chakraborty, Bert W. Wasserman Dept. of Economics and Finance
The Changing Relationship Between Banking Crises and Capital Inflows
Presented by: Jason Rastovski, University of Notre Dame
Crises, Reforms and Unemployment
Presented by: Davide Furceri, International Monetary Fund & University of Palermo
Session ID 58: Shocks
Session Chair: Mohamad Karaki, Wayne State University
Session type: contributed
Date: May 13, 2012
Time: 10:30 - 12:15
Location: 160
Which Industry is Hit Hardest in Recessions?
Presented by: Juliana Sun, George Washington University
Sectoral Shocks and the Beveridge Curve
Presented by: Neil Mehrotra, Columbia University
Another Look at the Effects of Oil Price Shocks on Labor Reallocation
Presented by: Mohamad Karaki, Wayne State University
Session ID 59: Dynamics, Development and Growth
Session Chair: Wyatt Brooks, University of Minnesota
Session type: contributed
Date: May 13, 2012
Time: 10:30 - 12:15
Location: 159
The Financial Labor-Supply Accelerator
Presented by: Jeffrey Campbell, Federal Reserve Bank of Chicago
Wealth Dynamics in a Bond Economy with Heterogeneous Beliefs
Presented by: Viktor Tsyrennikov, Cornell
The Public and Private Marginal Product of Capital
Presented by: Matt Lowe, University of Oxford
Credit and Financial Development
Presented by: Wyatt Brooks, University of Minnesota
Session ID 60: Business Cycles
Session Chair: Etsuro Shioji, Hitotsubashi University (visiting Columbia)
Session type: contributed
Date: May 13, 2012
Time: 10:30 - 12:15
Location: 158
Macroeconomic Volatility: The Role of the Informal Economy
Presented by: Paulina Restrepo-Echavarria, The Ohio State University
Industry Dynamics, Investment and Business Cycles
Presented by: Julieta Caunedo, Washington University in St. Louis
Employment protection and Business Cycles in Emerging Economies
Presented by: Carlos Urrutia, ITAM
External shocks and the Japanese business cycles: impact of the "Great Trade Collapse" on the automobile industry
Presented by: Etsuro Shioji, Hitotsubashi University (visiting Columbia)
Session ID 61: Portfolio Choice and Financal Markets
Session Chair: Arunima Sinha, Santa Clara University
Session type: contributed
Date: May 13, 2012
Time: 10:30 - 12:15
Location: 134
The demand of money and stocks over the life-cycle: A portfolio approach
Presented by: Claudio Campanale, University of Alicante
The Lifecycle of Household Finance
Presented by: Guozhong Zhu, Peking University
Government Debt, Learning and the Term Structure
Presented by: Arunima Sinha, Santa Clara University
Session ID 62: Monetary Policy II
Session Chair: Matthias Hertweck, University of Konstanz
Session type: contributed
Date: May 13, 2012
Time: 10:30 - 12:15
Location: GC-A
Evaluating Monetary Policy under Preferences with Near-Zero Wealth Effect: A Bayesian Approach
Presented by: Jaya Dey, Oklahoma State University
Is Debt Overhang a Problem for Monetary Policy?
Presented by: Aarti Singh, University of Sydney
Monetary Aggregates or Interest Rates? The Optimal Monetary Policy Instrument Revisited
Presented by: John Keating, University of Kansas
Labour Market Frictions, Monetary Policy, and Durable Goods
Presented by: Matthias Hertweck, University of Konstanz
Session ID 63: Business Cycles VIII
Session Chair: John Gibson, Florida State University
Session type: contributed
Date: May 13, 2012
Time: 10:30 - 12:15
Location: GC-B
Unconventional Optimal Repurchase Agreements
Presented by: Chao Gu, University of Missouri
Estimating the Time-to-Build Completion Pattern in a DSGE Framework
Presented by: Yong-Gook Jung, Wayne State University
Private Liquidity and Banking Regulation
Presented by: Daniel Sanches, Federal Reserve Bank of Philadelphia
The Business Cycle Consequences of Moral Hazard and Liquidity Shocks
Presented by: John Gibson, Florida State University
Session ID 64: Credit, Housing and Bubbles
Session Chair: Antonio Doblas-Madrid, Michigan State University
Session type: contributed
Date: May 13, 2012
Time: 10:30 - 12:15
Location: GC-C
Interest Rates, House Prices and Mortgage Defaults
Presented by: Bulent Guler, Indiana University - Bloomington
Homestead Exemptions, Prepayment of Mortgages and Revolving Credit Card Debt
Presented by: Jacob Short, University of Western Ontario
Creditless Recoveries
Presented by: Bin Li, International Monetary Fund
Credit-fueled Bubbles
Presented by: Antonio Doblas-Madrid, Michigan State University

 

This program was last updated on 2012-11-12 16:7:55 EDT