111 sessions, 431 papers, and 0 presentations with no associated papers

2011 Society for Economic Dynamics Annual Meeting
Complete List of All Sessions

Session : Risk Sharing with Joint Investments
Date: July 7, 2011
Time: 10:00 - 12:00
Location: M2.3
Risk Sharing in Dynamic Relational Contracts
By Jonathan P Thomas; Edinburgh University Tim S Worrall; University of Manchester
Presented by: Tim Worrall, University Of Manchester
Consumption risk sharing under private information when earnings are persistent
By Marek Kapicka; UCSB Paul Klein; Southampton
Presented by: Paul Klein, Stockholms universitet
Marriage, Fertility and Step-Families: An Equilibrium Analysis
By John Kennes; U. of Arhuus John Knowles;U. of Southampton
Presented by: John Knowles, University of Southampton
Optimal fertility ditribution
By Alice Schoonbroodt; University of Southampton
Presented by: Alice Schoonbroodt, University of Southampton
Session : Product market frictions and the business cycle
Date: July 7, 2011
Time: 10:00 - 12:00
Location: M2.2
Demand Shocks that Look Like Productivity Shocks
By Yan Bai; Arizona State University Jose-Victor Rios Rull; University of Minesota Kjetil Storesletten; Federal Reserve Bank of Minneapolis
Presented by: Yan Bai, Arizona State University
Propagation in a Model of Goods, Labor and Financial Market Frictions
By Nicolas Petrosky-Nadeau; Carnegie Mellon University Etienne Wasmer; Sciences Po, Paris
Presented by: Nicolas Petrosky-Nadeau, Carnegie Mellon University
Reconsidering the Microeconomic Foundations of Price-Setting Behavior
By Andrew Levin; Federal Reserve Board Tack Yun; Seoul National University
Presented by: Andrew Levin, Federal Reserve Board
Customer capital and the business cycle
By Francois Gourio; Boston University Leena Rudanko; Boston University
Presented by: Francois Gourio, Boston University
Session : Topics in Macro and Labor
Date: July 7, 2011
Time: 10:00 - 12:00
Location: M0.1
A Feasible Equilibrium Search Model of Individual Wage Dynamics with Experience Accumulation
By Jesper Bagger; Royal Holloway, University of London Francois Fontaine; University of Strasbourg Fabien Postel-Vinay; University of Bristol Jean-Marc Robin; Sciences Po Paris
Presented by: Fabien Postel-Vinay, University of Bristol
Sorting, Employment and Wages in multi-worker firms
By Thibaut Lamadon Jeremy Lise Costas Meghir J.M. Robin
Presented by: Costas Meghir, Yale
Search Frictions and Wage Dispersion
By Marcus Hagedorn; University of Zurich Iourii Manovskii; University of Pennsylvania
Presented by: Marcus Hagedorn, University of Zurich
Business Cycles and Endogenous Uncertainty
By Giuseppe Moscarini, Yale University and NBER Ruediger Bachmann, University of Michigan and NBER
Presented by: Giuseppe Moscarini, Yale University
Session : Advances on NDPF
Session Chair: Pricila Maziero, Wharton School of the University of Penn
Date: July 7, 2011
Time: 10:00 - 12:00
Location: M0.5
On the Optimal Distribution of Health Care Spending
By Laurence Ales; Carnegie Mellon University Roozbeh Hosseini; Arizona State University Larry E. Jones; University of Minnesota
Presented by: Roozbeh Hosseini, Arizona State University
Optimal Income Taxation with Asset Accumulation
By Arpad Abraham; European University Institute Sebastian Koehne; IIES, Stockholm University Nicola Pavoni; Bocconi University
Presented by: Sebastian Koehne, Stockholm University
On the optimality of Ramsey taxes in Mirrlees economies
By Borys Grochulski; Richmond Fed
Presented by: Borys Grochulski, Federal Reserve Bank of Richmond
Social Insurance for Frictional Wage Inequality
By Pricila Maziero; Wharton School Mike Golosov; Yale University Guido Menzio; University of Pennsylvania
Presented by: Pricila Maziero, Wharton School of the University of Penn
Session : Emerging Markets and Sovereign Debt
Session Chair: Horacio Sapriza, Rutgers University and Board of Governors
Date: July 7, 2011
Time: 10:00 - 12:00
Location: School 2
Default risk and economic activity: A small open economy model with sovereign debt and default
By Jessica Roldan-Pena; University of California, Los Angeles
Presented by: Jessica Roldán Peña, UCLA
News and sovereign default risk in small open economies
By Bora Durdu; Federal Reserve Board Ricardo Nunes; Federal Reserve Board Horacio Sapriza; Federal Reserve Board
Presented by: Horacio Sapriza, Rutgers University and Board of Governors
Financial Market Frictions, Productivity Growth and Crises in Emerging Economies
By Albert Queralto; New York University
Presented by: Albert Queralto, NYU
Sudden Stops and Sovereign Defaults
By Luis Catao; IMF Ana Fostel; GWU Romain Ranciere; IMF
Presented by: Luis Catao, IMF
Session : Agriculture and Development
Date: July 7, 2011
Time: 10:00 - 12:00
Location: M1.4
The Impact of Weather Insurance on Consumption, Investment, and Welfare
By Francesca de Nicola; IFPRI
Presented by: Francesca de Nicola, IFPRI
Networks, Finance, and Development: Evidence from Hunter-Gatherers
By Farzad Saidi; New York University
Presented by: Farzad Saidi, New York University
Why is Agricultural Labor Productivity so Low in the United States?
By Berthold Herrendorf; Arizona State University Todd Schoellman; Arizona State University
Presented by: Todd Schoellman, Arizona State University
Risk, Farm Ownership, and International Productivity Differences
By Kevin Donovan; Arizona State University
Presented by: Kevin Donovan, Arizona State University
Session : Financial Frictions and Crises
Date: July 7, 2011
Time: 10:00 - 12:00
Location: M0.3
Household Leverage and the Recession
By Virgiliu Midrigan; NYU Thomas Philippon; NYU
Presented by: Virgiliu Midrigan, New York University
Macroeconomics of Microfinance
By Francisco J. Buera, UCLA and NBER Joseph P. Kaboski, U. of Notre Dame and NBER Yongseok Shin, Wash. U. in St. Louis
Presented by: Joseph Kaboski, University of Notre Dame
The Costs of Financial Crises: Resource Misallocation, Productivity and Welfare in the 2001 Argentine Crisis
By Guido Sandleris; Universidad Torcuato Di Tella Mark Wright; UCLA
Presented by: Guido Sandleris, Universidad Torcuato Di Tella
The Anatomy of a Credit Crunch
By Francisco Buera; UCLA Roberto Fattal Jaef; UCLA Yongseok Shin; Washington University in St. Louis
Presented by: Roberto Fattal Jaef, UCLA
Session : Social Networks and Labor Markets
Date: July 7, 2011
Time: 10:00 - 12:00
Location: M1.2
Referral-based Job Search Networks
By Christian Dustmann, UCL Albrecht Glitz, Universitat Pompeu Fabra Uta Schoenberg, UCL
Presented by: Uta Schönberg, UC London
Job Referral Networks and the Determination of Earnings in Local Labor Markets
By Ian M. Schmutte; University of Georgia
Presented by: Ian Schmutte, University of Georgia
Do Referrals Lead to Better Matches? Evidence from a Firm's Employee
By Meta Brown; Federal Reserve Bank of New York Elizabeth Setren; Federal Reserve Bank of New York Giorgio Topa; Federal Reserve Bank of New York
Presented by: Giorgio Topa, Federal Reserve Bank of New York
Markets vs Networks in Firms' Hiring Decisions
By Manolis Galenianos; Pennsylvania State University
Presented by: Manolis Galenianos, Pennsylvania State University
Session : Attention
Date: July 7, 2011
Time: 10:00 - 12:00
Location: M0.2
Optimal Inattention to the Stock Market with Information Costs and Transactions Costs
By Andrew B. Abel; University of Pennsylvania - Wharton Janice C. Eberly; Northwestern - Kellogg Stavros Panageas; University of Chicago - Booth School of Business
Presented by: Stavros Panageas, University of Chicago - Booth School of
Heuristic Thinking and Limited Attention in the Car Market
By Nicola Lacetera; University of Toronto Devin G. Pope; University of Chicago Justin R. Sydnor; University of Wisconsin
Presented by: Devin Pope, University of Chicago
Salience theory of choice under risk
By Bordalo (Harvard) Gennaioli (CREI) Shleifer (Harvard)
Presented by: Nicola Gennaioli, CREI-UPF, Barcelona
A Model of Focusing in Economic Choice
By Botond Koszegi; UC-Berkeley Adam Szeidl; UC-Berkeley
Presented by: Adam Szeidl, University of California Berkeley
Session : Fiscal Policy
Date: July 7, 2011
Time: 10:00 - 12:00
Location: M2.1
A Pitfall with DSGE–Based, Estimated, Government Spending Multipliers
By Patrick Fève; TSE, Université de Toulouse and Banque de France Julien Matheron Banque de France Jean–Guillaume Sahuc EDHEC
Presented by: Patrick Fève, Toulouse School of Economics
Monetary/Fiscal Policy Mix and Agents' Beliefs
By Francesco Bianchi Duke University
Presented by: Francesco Bianchi, Duke University
Dissecting the Dynamics of the US Trade Balance in an Estimated Equilibrium Model
By Punnoose Jacob; Ghent University Gert Peersman; Ghent University
Presented by: Punnoose Jacob, Ghent University
When Does Government Debt Crowd Out Investment?
By Nora Traum; North Carolina State University Shu-Chun S. Yang; International Monetary Fund
Presented by: Nora Traum, North Carolina State University
Session : Innovation and Diffusion
Date: July 7, 2011
Time: 10:00 - 12:00
Location: M1.5
Importing Skill-Biased Technology
By Ariel Burstein; UCLA and NBER Javier Cravino; UCLA Jonathan Vogel; Columbia and NBER
Presented by: Javier Cravino, University of California at Los Angeles
Back to Basics: Private and Public Investment in Basic R&D and Macroeconomic Growth
By Ufuk Akcigit; University of Pennsylvania and NBER Douglas Hanley; University of Pennsylvania Nicolas Serrano-Velarde; Oxford University
Presented by: Ufuk Akcigit, University of Pennsylvania
Foreign Firms and the Diffusion of Know-How
By Alexander Monge-Naranjo Penn State University
Presented by: Alexander Monge, Penn State University
Innovation by Entrants and Incumbents
By Daron Acemoglu; MIT Dan Cao; Georgetown University
Presented by: Dan Cao, Georgetown University
Session : Finance in the Cross Section
Date: July 7, 2011
Time: 10:00 - 12:00
Location: School 1
Advertising, Brand Capital and Asset Returns
By Maria Ana Vitorino; University of Pennsylvania Frederico Belo; University of Minnesota Xiaoji Lin; London School of Economics
Presented by: Frederico Belo, University of Minnesota
Convergence in Corporate Investments
By Vito Gala; London Business School Brandon Julio; London Business School
Presented by: Brandon Julio, London Business School
Firm Level Productivity, Risk, and Return
By Ayse Imrohoroglu; University of Southern California Selale Tuzel; University of Southern California
Presented by: Ayse Imrohoroglu, usc
Inequality, Leverage and Crises
By Michael KUMHOF (IMF) Romain RANCIERE (PSE and IMF)
Presented by: Michael Kumhof, International Monetary Fund
Session : Topics in Macro Labor
Date: July 7, 2011
Time: 13:15 - 15:15
Location: M1.2
Sectoral Shift, Job Mobility and Wage Inequality
By Florian Hoffmann; University of British Columbia Shouyong Shi; University of Toronto
Presented by: Florian Hoffmann, University of British Columbia
Labor Supply and Frictions over the Business Cycle
By Per Krusell; IIES Toshihiko Mukoyama; University of Virginia Richard Rogerson; Princeton University Aysegul Sahin; Federal Reserve Bank of New York
Presented by: Toshihiko Mukoyama, University of Virginia
Unemployment Accounts
By Ofer Setty: Tel Aviv University
Presented by: Ofer Setty, Tel Aviv University
A Theory of Labor Supply Late in the Life Cycle: Social Security and Disability Insurance
By Andres Erosa; IMDEA Social Sciences Institute Luisa Fuster; IMDEA Social Sciences Institute Gueorgui Kambourov; University of Toronto, NBER, and RCEA
Presented by: Gueorgui Kambourov, University of Toronto
Session : Dynamics of Financial Markets
Date: July 7, 2011
Time: 13:15 - 15:15
Location: M2.1
Higher Order Expectations, Illiquidity, and Short Term Trading
By Giovanni Cespa, Cass Business School, CSEF, and CEPR. Xavier Vives, IESE Business School
Presented by: Giovanni Cespa, Cass Business School
The delegated Lucas tree
By Ron Kaniel; Duke University Péter Kondor; Central European University
Presented by: Peter Kondor, Central European University
Dynamic Debt Runs
By Zhiguo He, University of Chicago Wei Xiong, Princeton
Presented by: Zhiguo He, University of Chicago, Booth School of B
Feedback Effects of Credit Ratings
By Gustavo Manso; MIT
Presented by: Gustavo Manso, MIT
Session : Development and Structural Change
Date: July 7, 2011
Time: 13:15 - 15:15
Location: M0.2
Relative Prices and Sectoral Productivity
By Margarida Duarte; University of Toronto Diego Restuccia; University of Toronto
Presented by: Margarida Duarte, University of Toronto
Asymmetric Phase Shifts in U.S. Industrial Production Cycles
By Yongsung Chang; Rochester / Yonsei Sunoong Hwang; Korea Institute for Industrial Economics & Trade
Presented by: Yongsung Chang, University of Rochester / Yonsei Univ.
De-industrialization of the Riches and the Rise of China
By Murat Ungor; Central Bank of the Republic of Turkey,
Presented by: MURAT UNGOR, Central Bank of the Republic of Turkey
Health, Education and Development
By Yin-Chi Wang Washington University in St. Louis
Presented by: Yin-Chi Wang, Washington University in St. Louis
Session : Empirical Models in Labor and Urban Economics
Date: July 7, 2011
Time: 13:15 - 15:15
Location: School 1
Parenting Style and the Development of Human Capital in Children
By Marco Cosconati, Bank of Italy & IZA
Presented by: Marco Cosconati, Bank of Italy
Agglomeration Externalities and the Dynamics of Firm Location Choices
By Jeff Brinkman; Carnegie Mellon Holger Sieg; University of Pennsylvania Daniele Coen-Pirani; University of Pittsburgh
Presented by: Daniele Coen-Pirani, University of Pittsburgh
Charter School Entry in Market Equilibrium: The Case of Washington, DC
By Dennis Epple; Carnegie Mellon University Maria Ferreyra; Carnegie Mellon University Brett Gordon; Columbia University
Presented by: Maria Ferreyra, Carnegie Mellon University
An Estimable Model of Fertility, Labor Supply, and Human Capital Formation
By Flavio Cunha; University of Pennsylvania.
Presented by: Flavio Cunha, University of Pennsylvania
Session : Global Capital Flows, Productivity, and Risk sharing
Date: July 7, 2011
Time: 13:15 - 15:15
Location: M1.5
Global Capital Flows : The Roles of Demography, Productivity and Taxes
By David Backus; New York University Thomas F. Cooley; New York University Espen Hendrickson; New York University
Presented by: Thomas Cooley, New York University
Financial Globalization, Financial Crisis, and the External Capital Structure of Emerging Markets
By Enrique G. Mendoza; University of Maryland and NBER Katherine A. Smith; U.S. Naval Academy
Presented by: Katherine Smith, United States Naval Academy
The Efficiency of the Global Markets for Final Goods and Productive Capabilities
By Georg Strasser; Boston College
Presented by: Georg Strasser, Boston College
Credit Constraints and Growth in a Global Economy
By Nicolas Coeurdacier; SciencesPo and CEPR Stephane Guibaud; London School of Economics Keyu Jin; London School of Economics
Presented by: Nicolas Coeurdacier, SciencesPo
Session : Financial frictions and Aggregate Fluctuations
Date: July 7, 2011
Time: 13:15 - 15:15
Location: M2.3
Default Risk and Aggregate Fluctuations in an Economy with Production Heterogeneity
By Aubhik Khan; Ohio State University Julia K. Thomas; Ohio State University
Presented by: Aubhik Khan, Ohio State University
House Prices Booms and Current Account Deficits
By Andrea Ferrero; Federal Reserve Bank of New York
Presented by: Andrea Ferrero, Federal Reserve Bank of New York
Bubbles and Credit Constraints
By Jianjun Miao; Boston University Pengfei Wang; Hong Kong University of Science and Tech
Presented by: Pengfei Wang, Hong Kong University of Science and Tech
Financial Markets and Fluctuations in Uncertainty
By Cristina Arellano, Federal Reserve Bank of Minneapolis Yan Bai, Arizona State University Patrick Kehoe, Princeton University
Presented by: Cristina Arellano, Federal Reserve Bank of Minneapolis
Session : Trade and Development
Date: July 7, 2011
Time: 13:15 - 15:15
Location: M0.3
An Elementary Theory of Global Supply Chains
By Arnaud Costinot; MIT Jonathan Vogel; Columbia University Su Wang; MIT
Presented by: Jonathan Vogel, Columbia
Distance, Trade, and Income -- The 1967 to 1975 Closing of the Suez Canal as a Natural Experiment
By James Feyrer, Dartmouth College
Presented by: James Feyrer, Dartmouth College and NBER
Why Don't Developing Countries Import More Food?
By Douglas Gollin; Williams College David Lagakos; Arizona State University Michael E. Waugh; New York University
Presented by: Michael Waugh, New York University
Heterogeneous Information and Trade Policy
By Giacomo A. M. Ponzetto; CREI - Universitat Pompeu Fabra
Presented by: Giacomo Ponzetto, CREI - Universitat Pompeu Fabra
Session : Labor Unions
Date: July 7, 2011
Time: 13:15 - 15:15
Location: M0.1
The Up and Down of Unions
By Jeremy Greenwood; University of Pennsylvania
Presented by: Jeremy Greenwood, University of Pennsylvania
The Rising Skill Premium and Deunionization in the United States
By Omer Acikgoz; Yeshiva University Baris Kaymak; Universite de Montreal
Presented by: Baris Kaymak, Universite de Montreal
Unions in a Frictional Labor Market
By Per Krusell; IIES, Stockholm University Leena Rudanko; Boston University
Presented by: Leena Rudanko, Boston University
The Union Threat
By Mathieu Taschereau-Dumouchel; Princeton University
Presented by: Mathieu Taschereau-Dumouchel, Princeton University
Session : Monetary Economics
Date: July 7, 2011
Time: 13:15 - 15:15
Location: M1.4
Using Dollarized Countries to Analyze the Effects of US Monetary Policy Shocks
By Tim Willems, University of Amsterdam
Presented by: Tim Willems, University of Amsterdam
The Welfare Costs of Inflation in Competitive Markets: a Long-Run and Politico -Economic Analysis
By Scott J. Dressler; Villanova University
Presented by: Scott Dressler, Villanova University
Let's Twist Again: A High-Frequency Event-Study Analysis of Operation Twist and Its Implications for QE2
By Eric T. Swanson; Federal Reserve Bank of San Francisco
Presented by: Eric Swanson, Federal Reserve Bank of San Francisco
Optimal Disinflation Under Learning
By Timothy Cogley; New York University Christian Matthes; Universitat Pompeu Fabra and Barcelona GSE Argia M. Sbordone; Federal Reserve Bank of New York
Presented by: Christian Matthes, Universitat Pompeu Fabra
Session : Monetary and Commodity Exchange
Date: July 7, 2011
Time: 13:15 - 15:15
Location: M0.5
Gift Exchange versus Monetary Exchange: Experimental Evidence
By John Duffy; University of Pittsburgh Brit Grosskpof; Texas A&M Daniela Puzzello; University of Illinois
Presented by: Daniela Puzzello, University of Illinois at Urbana-Champai
Lagos-Wright vs. Cash-in-Advance: Government Policy Response to War-Expenditure Shocks
By Fernando M. Martin; Simon Fraser University
Presented by: Fernando Martin, Simon Fraser University
Homework in Monetary Economics: Inflation and House Prices
By Boragan Aruoba; University of Maryland Morris A. Davis; University of Wisconsin-Madison Randall D. Wright; University of Wisconsin-Madison
Presented by: Morris Davis, University of Wisconsin-Madison, School
Buyers, Sellers and Middlemen: Variations on Search-Theoretic Themes
By Randall Wright, University of Wisconsin - Madison Yuet-Yee Wong, Binghamton University
Presented by: Randall Wright, University of Wisconsin
Session : Micro Theory
Date: July 7, 2011
Time: 13:15 - 15:15
Location: School 2
Commitment in intertemporal household consumption: a revealed preference analysis
By Laurens Cherchye; K.U.Leuven Kulak, Universiteit van Tilburg Bram De Rock; Université Libre de Bruxelles, K.U.Leuven Kulak Jeroen Sabbe; K.U.Leuven Kulak Ewout Verriest; K.U.Leuven Kulak
Presented by: Ewout Verriest, K.U.Leuven Kulak
Does Uncertainty Vanish in the Small? The Smooth Ambiguity Case
By Fabio Maccheroni, Bocconi University Massimo Marinacci, Bocconi University Doriana Ruffino, University of Minnesota
Presented by: Doriana Ruffino, University of Minnesota
Rational Inattention to Discrete Choices: A New Foundation for the Multinomial Logit Model
By Filip Matejka; CERGE, Prague Alisdair McKay; Boston University
Presented by: Alisdair McKay, Boston University
Separability and Memory: Micro Causes, Macro Consequences
By Carlos E. da Costa, Fundacao Getulio Vargas Vitor F. Luz, Yale University
Presented by: Carlos da Costa, Fundação Getulio Vargas
Session : Empirical DSGE modeling
Date: July 7, 2011
Time: 13:15 - 15:15
Location: M2.2
Unemployment in an Estimated New Keynesian model
By Jordi Gali; Universitat Pompeu Fabra Frank Smets; European Central Bank Rafael Wouters; National Bank of Belgium
Presented by: Frank Smets, European Central Bank
Discussant:   V. Chari, Federal Reserve Bank of Minneapolis
Fiscal Stimulus and Distortionary Taxation
By Uhlig (Harald Uhlig); University of Chicago Drautzburg (Thorsten Drautzburg); University of Chicago
Presented by: Harald Uhlig, University of Chicago
Discussant:   Rafael Wouters, National Bank of Belgium
Session : Household migration and mobility
Date: July 7, 2011
Time: 15:45 - 17:45
Location: M0.3
The Incidence of Local Labor Demand Shocks
By Matthew J. Notowidigdo; University of Chicago Booth School of Business
Presented by: Matthew Notowidigdo, University of Chicago
Evaluating the welfare effects of a location-based program in the presence of migration: A method and some examples
By Taryn Dinkelman; Princeton University and Bureau for Research and Analysis of Economic Development Sam Schulhofer-Wohl; Federal Reserve Bank of Minneapolis and National Bureau of Economic Research
Presented by: Taryn Dinkelman, Princeton University
The Effect of Homeownership on Geographic Mobility and Labor Market Outcomes
By Hernan Winkler; UCLA
Presented by: Hernan Winkler, UCLA
Migration in a flattening world
By Greg Kaplan; University of Pennsylvania Sam Schulhofer-Wohl; Federal Reserve Bank of Minneapolis
Presented by: Sam Schulhofer-Wohl, Federal Reserve Bank of Minneapolis
Session : Health Insurance, Life Insurance and Household Savings
Date: July 7, 2011
Time: 15:45 - 16:45
Location: M2.1
The Costs and Benefits of Medicaid in Old Age
By Mariacristina De Nardi; Federal Reserve Bank of Chicago Eric French; Federal Reserve Bank of Chicago John Bailey Jones; University at Albany, SUNY
Presented by: John Jones, University at Albany, SUNY
Why Do Life Insurance Policyholders Lapse? The Roles of Income, Health and Bequest Motive Shocks
By Hanming Fang; University of Pennsylvania Edward Kung; Duke University
Presented by: Hanming Fang, University of Pennsylvania
Can the Life Insurance Market Provide Evidence for a Bequest Motive?
By Joachim Inkmann; University of Melbourne Alexander Michaelides; University of Cyprus
Presented by: Alex Michaelides, University of Cyprus
Health and Mortality Delta: Assessing the Welfare Cost of Household Insurance Choice
By Ralph S. J. Koijen; University of Chicago Stijn Van Nieuwerburgh; New York University Motohiro Yogo; Federal Reserve Bank of Minneapolis
Presented by: Motohiro Yogo, Federal Reserve Bank of Minneapolis
Session : Dynamic Political Economy
Date: July 7, 2011
Time: 15:45 - 17:45
Location: M0.5
Oligarchy, Democracy and State Capacity
By Helios Herrera; SIPA, Columbia Univeristy Cesar Martinelli; CIE, ITAM
Presented by: Helios Herrera, Columbia University
Imperfect Information and Political Economy
By Laurence Ales; Carnegie Mellon University Pricila Maziero; University of Pennsylvania Pierre Yared; Columbia University
Presented by: Pierre Yared, Columbia University
War Signals: A Theory of Trade, Trust and Conflict
By Dominic Rohner; University of Zurich Mathias Thoenig; University of Lausanne Fabrizio Zilibotti; University of Zurich
Presented by: Mathias Thoenig, University of Lausanne
Growth dynamics in a small open economy under political economy frictions
By Mark Aguiar; University of Rochester Manuel Amador; Stanford University
Presented by: Manuel Amador, Stanford University
Session : International Finance
Session Chair: Vincenzo Quadrini, USC
Date: July 7, 2011
Time: 15:45 - 17:45
Location: M1.2
self fulfilling risk panics
By Philippe Bacchetta; Université de Lausanne Cédric Tille; Graduate Institute for International and Development Studies Geneva Eric van Wincoop; University of Virginia
Presented by: Cedric Tille, Graduate Institute of International and
Equilibrium Portfolios and External Adjustment under Incomplete Markets
By Anna Pavlova; LBS Roberto Rigobon; MIT
Presented by: Roberto Rigobon, MIT
Overborrowing, Financial Crises and 'Macro-prudential' Policy
By Enrique G. Mendoza; University of Maryland & NBER Javier Bianchi; University of Maryland
Presented by: Enrique Mendoza, University of Maryland
International Recessions
By Fabrizio Perri; University of Minnesota Vincenzo Quadrini; University of Southern California
Presented by: Vincenzo Quadrini, USC
Session : Housing markets
Date: July 7, 2011
Time: 15:45 - 17:45
Location: M1.5
A Quantitative Analysis of the US Housing and Mortgage Markets and the Mortgage Crisis
By Burcu Eyigungor; Federal Reserve Bank of Philadelphia Satyajit Chatterjee, Federal Reserve Bank of Philadelphia
Presented by: Burcu Eyigungor, Phildalephia Federal Reserve Bank
Credit Supply and the Price of Housing
By Giovanni Favara (International Monetary Fund) Jean Imbs (Paris School of Economics)
Presented by: Giovanni Favara, International Monetary Fund
Skill-Biased Technological Change and Homeownership
By Alexis Anagnostopoulos; SUNY - Stony Brook Orhan Erem Atesagaoglu; SUNY - Stony Brook Eva Carceles-Poveda; SUNY - Stony Brook
Presented by: Orhan Atesagaoglu, SUNY-Stony Brook
Did Housing Policies Cause the Post-War Boom in Homeownership? A General Equilibrium Analysis
By Matthew Chambers; Towson University Carlos Garriga; Federal Reserve Bank of St. Louis Don E. Schlagenhauf; Florida State University
Presented by: Carlos Garriga, Federal Reserve Bank of St. Louis
Session : Arbitrage Capital and Liquidity Shortages in Bond and Stock Markets
Date: July 7, 2011
Time: 15:45 - 17:45
Location: M0.1
Why Does the Treasury Issue TIPS? The TIPS-Treasury Bond Puzzle
By Hanno Lustig; Anderson School of Business
Presented by: Hanno Lustig, Anderson School of Business
Anticipated and Repeated Shocks in Liquid Markets
By Dong Lou; Loudon School of Economics Hongjun Yan; Yale University Jinfan Zhang; Yale School of Management
Presented by: Hongjun Yan, Yale University
The Effects of Quantitative Easing on Long-term Interest Rates
By Arvind Krishnamurthy; Northwestern University Annette Vissing-Jorgensen; Kellogg School of Management, Northweste
Presented by: Annette Vissing-Jorgensen, Kellogg School of Management, Northweste
Broker-Dealer Leverage and the Cross-Section of Stock Returns
By Tobias Adrian; Federal Reserve Bank of New York Erkko Etula; Federal Reserve Bank of New York Tyler Muir; Northwestern University
Presented by: Tobias Adrian, Federal Reserve Bank of New York
Session : Frictions in Financial Markets
Date: July 7, 2011
Time: 15:45 - 17:45
Location: School 1
Endogenous Credit Cycles
By Chao Gu; University of Missouri Randall Wright; University of Wisconsin
Presented by: Chao Gu, University of Missouri
Liquidity and Asset Market Dynamics
By Guillaume Rocheteau; University of California, Irvine Randall Wright; University of Wisconson, Madison
Presented by: Guillaume Rocheteau, University of California, Irvine
Trading and Liquidity with Limited Cognition
By Bruno Biais; TSE Johan Hombert; HEC Pierre-Olivier Weill; UCLA
Presented by: Pierre-Olivier Weill, UCLA
Trading Dynamics in Decentralized Markets with Adverse Selection
By Braz Camargo; Sao Paulo School of Economics - FGV Ben Lester; University of Western Ontario
Presented by: Benjamin Lester, University of Western Ontario
Session : International Trade
Date: July 7, 2011
Time: 15:45 - 17:45
Location: M1.4
Trade Liberalization with Endogenous Borrowing Constraints
By Wyatt Brooks; University of Minnesota Alessandro Dovis; University of Minnesota
Presented by: Wyatt Brooks, University of Minnesota
Product Quality, R&D Investment, and International Trade
By Antoine Gervais; University of Notre Dame Jeff Thurk; University of Notre Dame
Presented by: Jeff Thurk, University of Notre Dame
Financial Frictions and Export Dynamics
By David Kohn; New York University Fernando Leibovici; New York University Michal Szkup; New York University
Presented by: Fernando Leibovici, New York University
Income Distribution, Product Quality and International Trade
By Pablo D. Fajgelbaum, Princeton
Presented by: Pablo Fajgelbaum, Princeton
Session : Emerging Markets
Date: July 7, 2011
Time: 15:45 - 17:45
Location: School 2
Emerging Market Business Cycles: The Role of Labor Market Frictions
By Emine Boz; IMF Bora Durdu; Federal Reserve Board
Presented by: Emine Boz, International Monetary Fund
A Theory of Optimal Reserves Allocation and Sudden Stops in Emerging Economies
By Sewon Hur; University of Minnesota and Federal Reserve Bank of Minneapolis Illenin Kondo; University of Minnesota and Federal Reserve Bank of Minneapolis
Presented by: Sewon Hur, University of Minnesota
Why is consumption more volatile than output in emerging markets?
By Matthew Talbert; University of Texas at Austin Marina Azzimonti; University of Texas at Austin
Presented by: Matthew Talbert, University of Texas
The Benefit of Exchange Rate Flexibility, Trade Openness and the Extensive Margin
By Kanda Naknoi; Purdue University
Presented by: Kanda Naknoi, Purdue University
Session : DSGE Models
Date: July 7, 2011
Time: 15:45 - 17:45
Location: M2.3
Is there a trade-off between inflation and output stabilization?
By Alejandro Justiniano, Chicago Fed Giorgio Primiceri, Northwestern University Andrea Tambalotti, New York Fed
Presented by: Giorgio Primiceri, Northwestern University
Optimal Government Spending at the Zero Bound: Nonlinear and Non-Ricardian Analysis
By Taisuke Nakata; University
Presented by: Taisuke Nakata, New York University
Estimating Strategic Complementarity in a State-Dependent Pricing Model
By Arnildo Correa; Central Bank of Brazil Marco Bonomo; Getulio Vargas Foundation Marcelo Medeiros; Puc-Rio
Presented by: Arnildo Correa, Puc-Rio
Public's Inflation Expectations and Monetary Policy
By Leonardo Melosi; London Business School
Presented by: Leonardo Melosi, London Business School
Session : Sorting in the Labor Market: Theory and Evidence
Date: July 7, 2011
Time: 15:45 - 17:45
Location: M0.2
Worker Sorting and Agglomeration Economies
By Theodore Papageorgiou; Penn State University
Presented by: Theodore Papageorgiou, Penn State University
Sorting and the output loss due to search frictions
By Pieter A. Gautier; VU University Amsterdam Coen Teulings; CPB
Presented by: Pieter Gautier, Vrije Universiteit Amsterdam and TI
Misallocation, Informality and Human Capital
By Pablo D'Erasmo; University of Maryland Hernan J Moscoso Boedo; University of Virginia Asli Senkal; University of Virginia
Presented by: Hernan Moscoso Boedo, University of Virginia
Sorting and Factor Intensity: Production and Unemployment across Skills
By Jan Eeckhout; University College London Philipp Kircher; London School of Economics and University of Pennsylvania
Presented by: Philipp Kircher, LSE
Session : Fiscal Challenges, Social Security and the Labor Market
Date: July 7, 2011
Time: 15:45 - 17:45
Location: M2.2
On the Welfare Effects of Social Security in a Model with Aggregate and Idiosyncratic Risk
By Daniel Harenberg; University of Mannheim Alexander Ludwig; University of Cologne
Presented by: Alexander Ludwig, University of Cologne
Financing Health Care: Implications for Market Work
By Richard Rogerson; Princeton University
Presented by: Richard Rogerson, Princeton University
Chipping Away at the Public Debt - A Statistical Analysis of Large Fiscal Adjustment Plans in European Member Countries, 1991-2007
By Ali Abbas; International Monetary Fund Fuad Hasanov; International Monetary Fund Paolo Mauro; International Monetary Fund Junghyung Park; International Monetary Fund
Presented by: Paolo Mauro, International Monetary Fund
Fiscally Challenged Labor Market Policies
By Giuseppe Bertola; Edhec Business School
Presented by: Giuseppe Bertola, Edhec Business School
Session : Plenary Talk by John Kennan
Date: July 7, 2011
Time: 18:00 - 19:15
Location: Aula UGent, Volderstraat 9
Session : International Economics
Date: July 8, 2011
Time: 10:00 - 12:00
Location: M0.2
Fiscal Devaluations
By Emmanuel Farhi; Harvard University Gita Gopinath; Harvard Oleg Itskhoki; Princeton University
Presented by: Gita Gopinath, Harvard
Distinguishing Across Models of International Capital Flows
By Alex Karaivanov; Simon Fraser University Mark L. J. Wright; University of California, Los Angeles
Presented by: Mark Wright, UCLA
Global Banks and Crisis Transmission
By Sebnem Kalemli-Ozcan; University of Houston and NBER Elias Papaioannou; Dartmouth College and CEPR Fabrizio Perri; University of Minnesota, Minneapolis FED, NBER and CEPR
Presented by: Fabrizio Perri, University of Minnesota
The Evolution of Comparative Advantage: Measurement and Welfare Implications
By Andrei A. Levchenko; University of Michigan and NBER Jing Zhang, University of Michigan
Presented by: Jing Zhang, University of Michigan
Session : Social Security and Health Insurance
Date: July 8, 2011
Time: 10:00 - 12:00
Location: M0.3
The Effect of Social Security, Health, Demography and Technology on Retirement
By Pedro Cavalcanti Ferreira; EPGE-FGV Marcelo Santos; EPGE-FGV
Presented by: Pedro Calvalcanti Ferreira, Fundação Getulio Vargas
Social Security and the Rise in Health Spending: A Macroeconomic Analysis
By Kai (Jackie) Zhao; University of Western Ontario
Presented by: Kai (Jackie) Zhao, University of Western Ontario
On the costs of disability insurance
By Tomi T. Kortela; University of Turku
Presented by: Tomi Kortela, University of Turku
Front-loaded contracts in health insurance market: How valuable is guaranteed renewability?
By Svetlana Pashchenko; University of Virginia Ponpoje Porapakkarm; University of Macau
Presented by: Ponpoje (Poe) Porapakkarm, University of Macau
Session : Macroeconomic Analysis of Labor Market Policies
Date: July 8, 2011
Time: 10:00 - 12:00
Location: M1.2
Structural Unemployment
By Benedikt Herz; Universitat Pompeu Fabra Thijs van Rens; CREI, Universitat Pompeu Fabra, CEPR and IZA
Presented by: Benedikt Herz, Universitat Pompeu Fabra - Barcelona
Is it wise to have unemploment accounts in high unemployment and long un employment duration economies?
By Stephane Pallage; UQAM Christian Zimmermann; University of Connecticut
Presented by: Christian Zimmermann, University of Connecticut
Optimal Bequest Taxation and Capital Subsidies Over the Life-Cycle
By Nicola Pavoni; Bocconi University Hakki Yazici; Sabanci University
Presented by: Nicola Pavoni, Bocconi University
Quantitative Analysis of Unemployment Benefit Extensions
By Makoto Nakajima; Federal Reserve Bank of Philadelphia
Presented by: Makoto Nakajima, Federal Reserve Bank of Philadelphia
Session : IO: Structural Models of Firm Behavior
Session Chair: Elena Krasnokutskaya, University of Pennsylvania
Date: July 8, 2011
Time: 10:00 - 12:00
Location: M1.4
How do Switching Costs Affect Market Concentration and Prices in Network Industries?
By Jiawei Chen; University of California, Irvine
Presented by: Jiawei Chen, University of California, Irvine
The Impact of Advertising Regulation on Industry - The Cigarette Advertising Ban of 1971
By Shi Qi; Florida State University
Presented by: Shi Qi, Florida State University
Time to Build and Shipping Prices
By Myrto Kalouptsidi, Yale University
Presented by: Myrto Kalouptsidi, Yale University
Product Innovation and Network Survival in the U.S. ATM and Debit Card Industry
By Fumiko Hayashi; Federal Reserve Bank of Kansas City Zhu Wang; Federal Reserve Bank of Kansas City
Presented by: Zhu Wang, Federal Reserve Bank of Richmond
Session : Technology Diffusion, Economic Development and Trade
Date: July 8, 2011
Time: 10:00 - 12:00
Location: M2.1
The Effects of Trade on Organization and Productivity
By Lorenzo Caliendo, Yale University Esteban Rossi-Hansberg, Princeton University
Presented by: Esteban Rossi-Hansberg, Princeton University
The World Distribution of Productivity: Country TFP Choice in a Nelson-Phelps Economy
By Erika Färnstrand Damsgaard; IFN Per Krusell; IIES
Presented by: Per Krusell, stockholm university
Trade and Idea Flows
By Fernando Alvarez; University of Chicago Francisco J. Buera; UCLA Robert E. Lucas; University of Chicago
Presented by: Francisco Buera, UCLA
Knowledge Growth and the Allocation of Time
By Robert E. Lucas, Jr.; University of Chicago Benjamin Moll; Princeton University
Presented by: Benjamin Moll, Princeton University
Session : Dynamic Contracting
Date: July 8, 2011
Time: 10:00 - 12:00
Location: M0.1
Recursive Contracts, Lotteries and Weakly Concave Pareto Sets
By Harold L. Cole; University of Pennsylvania Felix Kubler; University of Zurich
Presented by: Harold Cole, University of Pennsylvania
DYNAMIC INCENTIVE CONTRACTS UNDER PARAMETER UNCERTAINTY
By Julien Prat; Institute of Economic Analysis (CSIC) Boyan Jovanovic; NYU
Presented by: Julien Prat, IAE-CSIC
Optimal Design of Internal Capital Markets
By Andrey Malenko
Presented by: Andrey Malenko, Stanford GSB
New Results in Recursive Contract Theory
By Ramon Marimon; European University Institute and UPF-BarcelonaGSE
Presented by: Ramon Marimon, European University Institute
Session : Solving and Estimating New Keynesian Models
Date: July 8, 2011
Time: 10:00 - 12:00
Location: School 2
How Much are SVARs with Long-Run Restrictions Missing without Cyclically Moving Factor Shares?
By Raul Santaeulalia-Llopis; Washington University in St. Louis Federal Reserve Bank of St. Louis
Presented by: Raul Santaeulalia-Llopis, Washington University in St. Louis
Theoretical Priors for BVAR Models & Quasi-Bayesian DSGE Model Estimation
By Thomai Filippeli; Buckingham University Richard Harrison; Bank of England Konstantinos Theodoridis; Bank of England
Presented by: THOMAI FILIPPELI, BUCKINGHAM UNIVERSITY
News Shocks and the Term Structure of Interest Rates: A Challenge for DSGE Models
By Andre Kurmann; Universite du Quebec a Montreal and CIRPEE Christopher Otrok; University of Virginia
Presented by: Andre Kurmann, UQAM
Solving the new Keynesian model in continuous time
By Jesús Fernández-Villaverde; University of Pennsylvania, NBER, CEPR, and FEDEA Olaf Posch; Aarhus University and CREATES Juan F. Rubio-Ramírez; Duke University, FRB Atlanta, and FEDEA
Presented by: Olaf Posch, Aarhus University
Session : Information and Learning in Markets
Session Chair: Stephan Lauermann, University of Michigan
Date: July 8, 2011
Time: 10:00 - 12:00
Location: M0.5
Revenue Management with Forward-Looking Buyers
By Simon Board, UCLA Andrzej Skrzypacz, Stanford GSB
Presented by: Simon Board, UCLA
Search Brokers
By Andras Niedermayer; University of Mannheim Artyom Shneyerov; Concordia University, CIREQ and CIRANO
Presented by: Artyom Shneyerov, Concordia University, CIRANO, CIREQ
Common Values Procurement Auctions with Bidder Solicitation
By Lauermann, Stephan; Michigan Wolinsky, Asher; Northwestern
Presented by: Stephan Lauermann, University of Michigan
Undue Diligence
By David Andolfatto Federal Reserve Bank of St. Louis Aleksander Berentsen University of Basel and Federal Reserve Bank of St. Louis Christopher Waller; Federal Reserve Bank of St. Louis and University of Notre Dame
Presented by: Aleksander Berentsen, University of Basel
Session : RED Mini-Conference on Misallocation and Productivity, Session 1
Date: July 8, 2011
Time: 10:00 - 12:00
Location: M2.2
India's Mysterious Manufacturing Miracle
By Albert Bollard; Stanford University Pete Klenow; Stanford University Gunjan Sharma; University of Missouri
Presented by: Gunjan Sharma, Univ. of Missouri
Are China and India Backwards? Evidence from the 19th Century U.S. Census of Manufactures
By Nicolas Ziebarth; Northwestern University
Presented by: Nicolas Ziebarth, Northwestern University
Productivity and Misallocation During a Crisis
By Ezra Oberfield; Federal Reserve Bank of Chicago
Presented by: Ezra Oberfield, University of Chicago
Factor Market Distortions Across Time, Space and Sectors in China
By Loren Brandt; University of Toronto Trevor Tombe; University of Toronto Xiaodong Zhu; University of Toronto
Presented by: Xiaodong Zhu, University of Toronto
Session : Asset Prices
Date: July 8, 2011
Time: 10:00 - 12:00
Location: M1.5
The Good, Bad, and Volatility Beta: A Generalized CAPM
By Ravi Bansal: Duke University & NBER Dana Kiku: The Wharton School Ivan Shaliastovich: The Wharton School Amir Yaron: The Wharton School & NBER
Presented by: Amir Yaron, University of Pennsylvania
A Term Structure of Growth
By Jules H. van Binsbergen; Kellogg, Stanford, and NBER Wouter Hueskes; APG Investments Ralph S.J. Koijen; Chicago Booth and NBER Evert B. Vrugt; Hedge Fund Singapore
Presented by: Ralph Koijen, University of Chicago
Collateral Requirements and Asset Prices
By Johannes Brumm; University of Mannheim Michael Grill; University of Mannheim Felix Kubler; University of Zurich Karl Schmedders; University of Zurich
Presented by: Felix Kubler, University of Zurich and SFI
Asset Pricing under Rational Learning about Rare Disasters
By Christos Koulovatianos; University of Nottingham Volker Wieland; Goethe University Frankfurt
Presented by: Christos Koulovatianos, University of Nottingham
Session : Theory and Evidence in Labor Search Models
Date: July 8, 2011
Time: 10:00 - 12:00
Location: School 1
Unemployment, Participation and Worker Flows over the Life Cycle
By Sekyu Choi; Universitat Autonoma de Barcelona Alexandre Janiak; Universidad de Chile, Center for Applied Economics Benjamin Villena-Roldan; Universidad de Chile, Center for Applied Economics
Presented by: Sekyu Choi, Universitat Autonoma de Barcelona
Hours Worked over the Business Cycle: Evidence from OECD Countries, 1960-2009
By L. Ohanian (UCLA) A. Raffo (Federal Reserve Board)
Presented by: Andrea Raffo, Board of Governors of the Federal Reserv
Efficiency and Labor Market Dynamics in a Model of Labor Selection
By Sanjay K. Chugh; University of Maryland Christian Merkl; Friedrich-Alexander-University Erlangen-Nurember
Presented by: Sanjay Chugh, University of Maryland
Search Frictions and the Labor Wedge
By Andrea Pescatori; IMF Murat Tasci; Federal REserve Bank of Cleveland
Presented by: Murat Tasci, Federal Reserve Bank of Cleveland
Session : Monetary policy
Date: July 8, 2011
Time: 10:00 - 12:00
Location: M2.3
Macroeconomic Regimes
By Lieven Baele; Tilburg University Geert Bekaert; Columbia University Seonghoon Cho; Yonsei University Koen Inghelbrecht; Ghent University Antonio Moreno; University of Navarra
Presented by: Lieven Baele, Tilburg University
Time Variation in U.S. Wage Dynamics
By Boris Hofmann; Bank for International Settlements Gert Peersman; Ghent University Roland Straub; European Central Bank
Presented by: Boris Hofmann, Bank for International Settlements
Public debt, discretionary policy, and inflation persistence
By Stefan Niemann; University of Essex Paul Pichler; Oesterreichische Nationalbank Gerhard Sorger; University of Vienna
Presented by: Stefan Niemann, University of Essex
Credit Channels in a Liquidity Trap
By Karel Mertens; Cornell University Morten Ravn; University College London
Presented by: Karel Mertens, Cornell University
Session : Macro and Micro Labor Economics
Date: July 8, 2011
Time: 13:15 - 15:15
Location: M2.1
Fixed Costs, Retirement and the Elasticity of Labor Supply
By Richard Rogerson; Arizona State University Johanna Wallenius; Stockholm School of Economics
Presented by: Johanna Wallenius, Stockholm School of Economics
Marriage with Labor Supply
By Jean-Marc Robin, Sciences Po and UCL Nicholas Jacquemet,PSE
Presented by: Jean-Marc Robin, Sciences-Po
Spatial Sorting
By Jan Eeckhout; UPF Roberto Pinheiro, University of Colorado Kurt Schmidheiny, UPF
Presented by: Jan Eeckhout, UPF, UPenn
Estimating A Ben-Porath Model With Endogenous Retirement and Labor Supply
By Christopher Taber, Ananth Seshadri, Xiaodong Fan all from University of Wisconsin-Madison
Presented by: Christopher Taber, University of Wisconsin-Madison
Session : Economics of the Family
Date: July 8, 2011
Time: 13:15 - 15:15
Location: M0.3
The Joint Labor Supply Decision of Married Couples and the Social Security Pension System
By Shinichi Nishiyama; Georgia State University
Presented by: Shinichi Nishiyama, Georgia State University
TECHNOLOGY AND THE CHANGING FAMILY
By Jeremy Greenwood; University of Pennsylvania Nezih Guner; ICREA-MOVE, UAB, Barcelona GSE Georgi Kocharkov; Universidad Carlos III de Madrid Cezar Santos; University of Pennsylvania
Presented by: Georgi Kocharkov, Universidad Carlos III de Madrid
A Contribution to the Economic Theory of Fertility
By Juan Carlos Cordoba, Iowa State University Marla Ripoll, University of Pittsburgh
Presented by: Juan Cordoba, Iowa State University
Fertility Inefficiencies and Development
By Larry Jones, Minnesota Alice Schoonbroodt, Southampton Michele Tertilt, Stanford and Mannheim
Presented by: Michele Tertilt, Stanford University
Session : Macroeconomics and Trade
Date: July 8, 2011
Time: 13:15 - 15:15
Location: M1.4
Dissecting the Effect of Credit Supply on Trade: Evidence from Matched Credit-Export Data
By Daniel Paravisini; Columbia GSB Veronica Rappoport; Columbia GSB Daniel Wolfenzon; Columbia GSB Philipp Schnabl; NYU Stern
Presented by: Veronica Rappoport, Columbia University
Barriers to Firm Entry, Financial Constraints, and Productivity
By Jose Asturias; University of Minnesota Sewon Hur; University of Minnesota Timothy J. Kehoe; University of Minnesota Kim J. Ruhl; NYU Stern
Presented by: Kim Ruhl, New York University Stern School of Busi
FDI Spillovers and the Time since Foreign Entry
By Bruno Merlevede, Ghent University Koen Schoors, Ghent University Mariana Spatareanu, Newark University
Presented by: Bruno Merlevede, Ghent University
Dynamic Demand and the J-Curve
By Doireann Fitzgerald; Stanford University
Presented by: Doireann Fitzgerald, Stanford University
Session : IO: Energy and Environmental Topics
Session Chair: Stephen Ryan, MIT
Date: July 8, 2011
Time: 13:15 - 15:15
Location: M0.2
Gasoline Prices, Fuel Economy, and the Energy Paradox
By Hunt Allcott; MIT Nathan Wozny; Mathematica
Presented by: Hunt Allcott, MIT
Wind Power Investment
By Allan Collard-Wexler; NYU and NBER Thomas Covert; Harvard Ariel Pakes; Harvard and NBER
Presented by: Allan Collard-Wexler, New York University
The Welfare Effects of Complementary Bidding Mechanisms
By Mar Reguant; MIT
Presented by: Mar Reguant, MIT
Pollution Permits and the Evolution of Market Structure
By Meredith Fowlie; UC-Berkeley Stephen P. Ryan; MIT Mar Reguant; MIT
Presented by: Stephen Ryan, MIT
Session : Political Economy I
Date: July 8, 2011
Time: 13:15 - 15:15
Location: M0.1
The Political Economy of Public Debt: A General Equilibrium Approach
By Levon Barseghyan; Cornell University Marco Battaglini; Princeton University
Presented by: Levon Barseghyan, Cornell University
Kosher Pork
By Allan Drazen; University of Maryland Ethan Ilzetzki; London School of Economics
Presented by: Ethan Ilzetzki, Londons School of Economics
Learning About Contrasted Reforms
By Dominic Rohner; University of Zurich Mathias Thoenig; University of Lausanne Fabrizio Zilibotti; University of Zurich
Presented by: Fabrizio Zilibotti, University of Zurich
Financial globalization and the raising of public debt
By Marina Azzimonti; FRB of Philadelphia Eva de Francisco; Towson University Vincenzo Quadrini; University of Southern California
Presented by: Marina Azzimonti,
Session : RED Mini-Conference on Misallocation and Productivity, Session 2
Date: July 8, 2011
Time: 13:15 - 15:15
Location: M2.2
Quantifying the Impact of Financial Development on Economic Development
By Jeremy Greenwood; University of Pennsylvania Juan M. Sanchez; Federal Reserve Bank of St. Louis Cheng Wang; Iowa State University
Presented by: Juan Sanchez, Federal Reserve Bank of Richmond
Well-Intended Policies
By Francisco J. Buera; UCLA Benjamin Moll; Princeton University Yongseok Shin; Washington University
Presented by: Yongseok Shin, Washington University, St. Louis
Distortions, Endogenous Managerial Skills and Productivity Differences
By Dhritiman Bhattacharya; EQUIFAX Nezih Guner; ICREA-MOVE, Universitat Autonoma de Barcelona, Barcelona GSE Gustavo Ventura; Department of Economics, University of Iowa
Presented by: Gustavo Ventura, University of Iowa
Growth through Experimentation
By Alain Gabler; Université Laval Markus Poschke; McGill University
Presented by: Markus Poschke, McGill
The Aggregate and Complementary Impact of Micro Distortions
By Raphael Bergoeing, Universidad de Chile
Presented by: Raphael Bergoeing, Universidad de Chile
Session : Consumption and Labor
Date: July 8, 2011
Time: 13:15 - 15:15
Location: M0.5
Social Security, Benefit Claiming, and Labor Force Participation: A Quantitative General Equilibrium Approach
By Selo Imrohoroglu; University of Southern California Sagiri Kitao; Federal Reserve Bank of New York
Presented by: Selahattin Imrohoroglu, University of Southern California
The Optimal Design of Reverse Mortgage Loans
By Makoto Nakajima, Federal Reserve Bank of Philadelphia Irina A. Telyukova, University of California San Diego
Presented by: Irina Telyukova, UCSD
Consumption Risk and Family Labor Supply
By Richard Blundell; University College London and Institute for Fiscal Studies Luigi Pistaferri; Stanford University Itay Saporta Eksten; Stanford University
Presented by: Itay Saporta Eksten, Stanford University
Consumption and labour supply: extensive and intensive margins
By Orazio Attanasio, UCL Hamish Low, UCL Virginia Sanchez-Marcos, Universidad de Cantabria
Presented by: Orazio Attanasio, University College London
Session : Finance and Aggregate Fluctuations
Date: July 8, 2011
Time: 13:15 - 15:15
Location: M1.5
Confidence Crashes and Animal Spirits
By Roger E. A. Farmer; UCLA
Presented by: Roger Farmer, University of California Los Angeles
Asset Prices and Business Cycles with Financial Frictions
By Ctirad Slavik; Goethe University in Frankfurt Pedram Nezafat; University of Minnesota
Presented by: Ctirad Slavik, Goethe University in Frankfurt
Innovation, Growth, and Asset Pricing
By Howard Kung; Duke University Lukas Schmid; Duke University
Presented by: Lukas Schmid, Duke University
Micro Frictions, Asset Pricing, and Aggregate Implications
By Jack Favilukis; London School of Economics Xiaoji Lin; London School of Economics
Presented by: Jack Favilukis, London School of Economics
Session : Institutions and Lending
Date: July 8, 2011
Time: 13:15 - 15:15
Location: M2.3
Counterparty risk externality: Centralized versus over-the-counter markets
By Alberto Bisin; NYU Economics Viral Acharya; NYU Stern
Presented by: Alberto Bisin, New York University
Too-Systemic-To-Fail: What Option Markets Imply About Sector-wide Government Guarantees
By Bryan Kelly; University of Chicago Booth Hanno Lustig; UCLA Anderson Stijn Van Nieuwerburgh; NYU Stern
Presented by: Stijn Van Nieuwerburgh, NYU Stern School of Business
Enhancing Bank Transparency: Risk Ineffciency as a Market Disciplining Mechanism
By Baele Lieven; CentER, Netspar, Tilburg University De Bruyckere Valerie; Ghent University De Jonghe Olivier; European Banking Center, Tilburg University Vander Vennet Rudi; Ghent University
Presented by: Valerie De Bruyckere, Ghent University
Screening, Lending Intensity, and the Aggregate Response to a Bank Tax
By Kinda Hachem; University of Toronto
Presented by: Kinda Hachem, University of Toronto
Session : Public Economics
Date: July 8, 2011
Time: 13:15 - 15:15
Location: School 1
Optimal Devaluations
By Constantino Hevia; World Bank Juan Pablo Nicolini; Federal Reserve Bank of Minneapolis and Universidad Di Tella
Presented by: Juan Nicolini, Federal Reserve Bank of Minneapolis
Optimal taxation and constrained inefficiency in an infinite-horizon economy with incomplete markets
By Piero Gottardi; European University Institute Atsushi Kajii; Kyoto University Tomoyuki Nakajima; Kyoto University
Presented by: Piero Gottardi, European University Institute
Financial Markets as a Commitment Device for the Government
By Jenny Simon; Massachusetts Institute of Technology
Presented by: Jenny Simon, Massachusetts Institute of Technology
Rent Seeking and Optimal Taxation
By Casey Rothschild; Wellesley College Florian Scheuer; Stanford University
Presented by: Florian Scheuer, Stanford University
Session : Employment and Wage Contracts
Date: July 8, 2011
Time: 13:15 - 15:15
Location: M1.2
Relational Contracts and On-the-Job Search
By Simon Adrian Board; UCLA Economics Moritz Meyer-ter-Vehn; UCLA Economics
Presented by: Moritz Meyer-ter-Vehn, UCLA
Optimal bonuses and deferred pay for bank employees: implications of hidden actions with persistent effects in time
By Arantxa Jarque; Richmond Fed Edward Simpson Prescott; Richmond Fed
Presented by: Arantxa Jarque, Federal Reserve Bank of Richmond
Fixed-Term and Permanent Employment Contracts: Theory and Evidence
By Shutao Cao; Bank of Canada Enchuan Shao; Bank of Canada Pedro Silos; Federal Reserve Bank of Atlanta
Presented by: Enchuan Shao, Bank of Canada
Nash Bargaining, Credible Bargaining and Efficiency wages in a matching model for the US
By James Malcomson; University of Oxford Sophocles Mavroeidis; University of Oxford
Presented by: Sophocles Mavroeidis, University of Oxford
Session : Information in Games
Date: July 8, 2011
Time: 13:15 - 15:15
Location: School 2
Information Search and Revelation in Groups
By Arthur Campbell; Yale Florian Ederer; UCLA Johannes Spinnewijn; LSE
Presented by: Florian Ederer, UCLA
Keeping Your Options Open
By Jean Guillaume Forand; Wallis Institute and University of Waterloo
Presented by: Jean Guillaume Forand, Wallis Institute and University of Waterloo
Should the Flatterers be Avoided?
By Tymofiy Mylovanov; Penn State University Nicolas Klein; University of Bonn
Presented by: Tymofiy Mylovanov, Penn State University
A Partial Folk Theorem for Games with Private Learning
By Thomas E. Wiseman; University of Texas at Austin
Presented by: Thomas Wiseman, UT Austin
Session : Household Indebtedness and Bankruptcy
Date: July 8, 2011
Time: 15:45 - 17:45
Location: M2.3
Aggregate Fluctuations, Consumer Credit and Bankruptcy
By David Fieldhouse; University of Western Ontario Igor Livshits; University of Western Ontario James MacGee; University of Western Ontario
Presented by: Igor Livshits, University of Western Ontario
Competing for Customers: A Search Model of the Market for Unsecured Credit
By Lukasz A. Drozd; The Wharton School Jaromir B. Nosal; Columbia University
Presented by: Jaromir Nosal, Columbia University
Residential Mortgage Default and Consumer Bankruptcy: Theory and Empirical Evidence
By Wenli Li; Department of Research, Federal Reserve Bank of Philadelphia Michelle White: Department of Economic, University of California at San Diego
Presented by: Wenli Li, Federal Reserve Bank of Philadelphia
Credit Lines
By Xavier Mateos-Planas; Queen Mary Uiversity of London Jose-Victor Rios-Rull; University of Minnesota
Presented by: Xavier Mateos-Planas, Queen Mary University of London
Session : Institutions
Session Chair: Bernardo Guimaraes, LSE
Date: July 8, 2011
Time: 15:45 - 17:45
Location: M0.1
Economic and Politico-Economic Equivalence of Fiscal Policies
By Martin Gonzalez-Eiras; Universidad de San Andres Dirk Niepelt; Study Center Gerzensee
Presented by: Dirk Niepelt, Study Center Gerzensee; U of Bern; IIES,
Intergenerational Transmission of Risk Preferences and Entrepreneurship
By Matthias Doepke; Northwestern University Fabrizio Zilibotti; University of Zurich
Presented by: Matthias Doepke, Northwestern University
Incumbency Advantage in Nondemocratic Elections
By Georgy Egorov; Northwestern University Konstantin Sonin; New Economic School
Presented by: Georgy Egorov, Northwestern University
A model of equilibrium institutions
By Bernardo Guimaraes; Sao Paulo School of Economics-FGV Kevin Sheedy; London School of Economics
Presented by: Bernardo Guimaraes, LSE
Session : Information Frictions in Macroeconomics
Date: July 8, 2011
Time: 15:45 - 17:45
Location: M0.5
Incomplete Information and Nominal Rigidities in a Price-Setting Model
By Christian Hellwig; Toulouse School of Economics Venky Venkateswaran; UCLA
Presented by: Christian Hellwig, Toulouse School of Economics
Transparency and Costly Information Acquisition
By Ryan A Chahrour; Columbia University
Presented by: Ryan Chahrour, Columbia University
Rigid Pricing and Rationally Inattentive
By Filip Matejka, CERGE-EI Prague
Presented by: Filip Matejka, Charles University and Academy of Sciences of the Czech Republic
Firm Entry, Inflation and the Monetary Transmission Mechanism
By Vivien Lewis; Ghent University Céline Poilly; Université catholique de Louvain
Presented by: Vivien Lewis, Ghent University
Session : Trade and Macroeconomics
Date: July 8, 2011
Time: 15:45 - 17:45
Location: M2.1
Should I Stay or Should I Go: Investor Protection, Firm Selection and Aggregate Productivity
By Bernardo Morais, UCLA
Presented by: Bernardo Cruz Morais, UCLA
Measured Gains from International Trade
By Ariel Burstein; UCLA Javier Cravino; UCLA
Presented by: Ariel Burstein, UCLA
Trade Adjustment and Productivity in Large Crises
By Gita Gopinath; Harvard University Brent Neiman; University of Chicago
Presented by: Brent Neiman, University of Chicago
Staggered Adjustment and Trade Dynamics
By Costas Arkolakis; Yale University Jonathan Eaton; Penn State University Samuel S. Kortum; University of Chicago
Presented by: Costas Arkolakis, Yale University
Session : Monetary economics
Session Chair: Stefano Eusepi, Federal Reserve Bank of New York
Date: July 8, 2011
Time: 15:45 - 17:45
Location: M1.5
Inflation Dynamics and Time-Varying Uncertainty: New Evidence and an Ss Interpretation
By Joseph Vavra; Yale University
Presented by: Joseph Vavra, Yale University
Monetary Policy, Doubts and Asset Prices
By Luigi Paciello; EIEF, Rome Pierpaolo Beningo; LUISS, Rome
Presented by: Luigi Paciello, Einaudi Institute (EIEF)
Non-convexities, Interest Rates and the Monetary Transmission Process
By Jonathan L. Willis; Federal Reserve Bank of Kansas City Russell Cooper; European University Institute
Presented by: Jonathan Willis, Federal Reserve Bank of Kansas City
The maturity structure of debt, monetary policy and expectations stabilization
By Stefano Eusepi, Federal Reserve bank of New York Bruce Preston, Columbia University and NBER
Presented by: Stefano Eusepi, Federal Reserve Bank of New York
Session : Institutions and Productivity
Date: July 8, 2011
Time: 15:45 - 17:45
Location: M0.2
Competition, Work Rules and Productivity
By Benjamin Bridgman; Bureau of Economic Analysis
Presented by: Benjamin Bridgman, Bureau of Economic Analysis
Why Has Puerto Rico Performed So Poorly? Lessons from its Sugar Manufacturing Industry
By Benjamin Bridgman; BEA Michael Maio; University of Minnesota James Schmitz; FRB Minneapolis Arilton Teixeira, Fucape
Presented by: James Schmitz,
Technology Adoption, Heterogenous Firms and Distortions
By Nan Li;Ohio State University Yi-Chan Tsai;University of Tokyo
Presented by: Yi-Chan Tsai, The Ohio State University
The Agricultural Productivity Gap in Developing Countries
By Doug Gollin; Williams College David Lagakos; ASU Mike Waugh; NYU
Presented by: David Lagakos, Arizona State University
Session : RED Mini-Conference on Misallocation and Productivity, Session 3
Date: July 8, 2011
Time: 15:45 - 17:45
Location: M2.2
Trade, Technical Change and Market Selection: Evidence from Manufacturing Plants in Colombia
By Marcela Eslava; Universidad de Los Andes John Haltiwanger; University of Maryland, NBER and IZA Adriana Kugler; Georgetown University, NBER, CEPR, and IZA Maurice Kugler; World Bank and Wilfrid Laurier University
Presented by: Marcela Eslava, Universidad de Los Andes
Misallocation and Productivity Effects of the Hawley-Smoot Tariff of 1930
By Eric W. Bond; Vanderbilt University Mario J. Crucini; Vanderbilt University Joel Rodrigue; Vanderbilt University Tristan Potter; Boston College
Presented by: Joel Rodrigue, Vanderbilt University
Financing Constraints, Firm Dynamics, Export Decisions, and Aggregate productivity
By Andrea Caggese; Pompeu Fabra University Vicente Cunat; London School of Economics
Presented by: Andrea Caggese, Pompeu Fabra University
Misallocation Losses Owing to Financial Distortions: Direct Evidence From Dispersion in Borrowing Costs
By Simon Gilchrist; Boston University and NBER Egon Zakrajsek; Board of Governors of the Federal Reserve
Presented by: Egon Zakrajsek, Federal Reserve Board
Heterogeneous Mark-Ups and Endogenous Misallocation
By Michael Peters, Massachusetts Institute of Technology
Presented by: Michael Peters, MIT
Session : Labor Markets
Date: July 8, 2011
Time: 15:45 - 17:45
Location: M1.2
A Quantitative Rat-Race Theory of Labor Market Dynamics
By Andy Glover; University of Minnesota
Presented by: Andrew Glover, University of Minnesota-TC
On the job search and moral hazard
By Espen Rasmus Moen, Norwegian School of Management Åsa Rosen, SOFI-University of Stockholm
Presented by: Espen Moen, Norwegian School of Management
Directed search over the life cycle
By Guido Menzio; UPenn Irina Telyukova; UCSD Ludo Visschers; Carlos III
Presented by: Guido Menzio, University of Pennsylvania
Uncertainty, Productivity and Unemployment in the Great Depression
By Edouard Schaal; Princeton University
Presented by: Edouard Schaal, Princeton University
Session : Computational Methods
Date: July 8, 2011
Time: 15:45 - 17:45
Location: School 1
Estimating Nonlinear DSGE Models by the Simulated Method of Moments
By Francisco J. Ruge-Murcia; University of Montreal
Presented by: Francisco Ruge-Murcia, University of Montreal
A polyhederal approximation approach to concave numerical dynamic programming
By Kenichi Fukushima; University of Wisconsin - Madison Yuichiro Waki; University of Minnesota
Presented by: Kenichi Fukushima, University of Wisconsin - Madison
A generalized endogenous grid method for non-concave problems
By Giulio Fella; Queen Mary University of London
Presented by: Giulio Fella, Queen Mary, University of London
Equilibrium Heterogeneous-Agent Models as Measurement Tools: some Monte Carlo Evidence
By Marco Cozzi; Queen’s University
Presented by: Marco Cozzi, Queen's University
Session : Consumer Credit and Default
Date: July 8, 2011
Time: 15:45 - 17:45
Location: School 2
The Interplay Between Different Types of Unsecured Credit and Amplification of Consumer Default
By Felicia Ionescu; Colgate University
Presented by: Felicia Ionescu, Colgate University
Default and Credit Constraint in General equilibrium
By François Le Grand ; EM Lyon Xavier Ragot ; Paris School of Economics and Banque de France
Presented by: Xavier Ragot, Paris School of Economics
Competitive Poaching in Unsecured Lending
By Lukasz Drozd; University of Pennsylvania Ricardo Serrano-Padial; University of Wisconsin-Madison
Presented by: Ricardo Serrano-Padial, University of Wisconsin - Madison
Consumer default with complete markets
By Xavier Mateos-Planas; Queen Mary University of London, U.K. Giulio Seccia; University of Southampton, U.K.
Presented by: Giulio Seccia, University of Southampton
Session : Occupational Mobility
Date: July 8, 2011
Time: 15:45 - 17:45
Location: M0.3
A Dynamic Model of Occupational Mobility, Structural Unemployment, Average Labour Productivity and Wage Dispersion
By Jacob Wong; The University of Adelaide Fabrice Collard; The University of Bern
Presented by: Jacob Wong, University of Adelaide
What Should I Be When I Grow Up? Occupations and Employment over the Life Cycle and Business Cycle
By Martin Gervais; University of Southampton Nir Jaimovic; Duke Henry Siu; UBC Yaniv Yedid-Levi; UBC
Presented by: Martin Gervais, University of Southampton
Evolution of Gender Differences in Occupational Mobility and Wages
By Sekyu Choi; Universitat Autonoma de Barcelona Kerem Cosar; University of Chicago Booth School of Business
Presented by: A. Kerem Cosar, University of Chicago Booth School of Business
Matching Skills and Exploring Occupations
By Fatih Guvenen; University of Minnesota Burhanettin Kuruscu; University of Toronto Jae Song; Social Security Administration Satoshi Tanaka; University of Minnesota David Wiczer; University of Minnesota
Presented by: David Wiczer, University of Minnesota
Session : Technology, Energy, and Public Spending Shocks
Date: July 8, 2011
Time: 15:45 - 17:45
Location: M1.4
Monetary Policy, the Tax Code, and Energy Price Shocks
By William T. Gavin; Federal Reserve Bank of St. Louis Finn E. Kydland; University of California, Santa Barbara Fei Mao; Federal Reserve Bank of St. Louis
Presented by: William Gavin, Federal Reserve Bank of St. louis
What Happens when Technology Improves?
By John Gregg Fernald; Federal Reserve Bank of San Francisco
Presented by: John Fernald, Federal Reserve Bank of San Francisco
Directed Energy-Saving Technical Change
By John Hassler;Institute for International Economic Studies, Stockholm University. Per Krusell;Institute for International Economic Studies, Stockholm University. Conny Olovsson, Institute for International Economic Studies, Stockholm University.
Presented by: Conny Olovsson, IIES, Stockholm University
Public Consumption Over the Business Cycle
By Ruediger Bachmann; University of Michigan Jinhui H. Bai; Georgetown University
Presented by: Jinhui Bai, Georgetown University
Session : Plenary Talk by Robert Barro
Date: July 8, 2011
Time: 18:00 - 19:00
Location: Aula UGent, Volderstraat 9
Session : Schooling and Human Capital
Date: July 9, 2011
Time: 10:00 - 12:00
Location: M0.3
The Return to College: Selection Bias and Dropout Risk
By Lutz A. Hendricks; University of North Carolina at Chapel Hill Oksana Leukhina; University of Washington
Presented by: Lutz Hendricks, UNC Chapel Hill
The Allocation of Talent, Economic Development and Skill Premia
By German Cubas; Central Bank of Uruguay and FCS-University of Republic B. Ravikumar; University of Iowa Gustavo Ventura; University of Iowa
Presented by: GERMAN CUBAS, CENTRAL BANK OF URUGUAY, UNIVERSITY OF REPUBLIC
Public Policy and College Attainment
By Rui Castro; Université de Montréal Daniele Coen-Pirani; University of Pittsburgh
Presented by: Rui Castro, University of Montreal
Explaining Educational Attainment across Countries and over Time
By Diego Restuccia; University of Toronto Guillaume Vandenbroucke; University of Iowa
Presented by: Guillaume Vandenbroucke, University of Iowa
Session : Multinational Production
Date: July 9, 2011
Time: 10:00 - 12:00
Location: M2.1
Technology Capital Transfer
By Thomas J. Holmes; University of Minnesota Ellen R. McGrattan; Federal Reserve Bank of Minneapolis Edward C. Prescott; Arizona State University
Presented by: Ellen McGrattan, Federal Reserve Bank of Minneapolis
Horizontal versus Vertical FDI: New Empirical Evidence about U.S. Multinationals
By Natalia Ramondo; Arizona State University Veronica Rappoport; Columbia Business School Kim J. Ruhl; Stern School of Business, NYU
Presented by: Natalia Ramondo, Arizona State University
Firms and Global Production
By Costas Arkolakis, Yale University; Natalia Ramondo, Arizona State University; Andres Rodriguez-Clare, Pennsylvania State University; Stephen Yeaple, Pennsylvania State University
Presented by: Andres Rodriguez-Clare, Pennsylvania State University
Exports versus Multinational Production under Nominal Uncertainty
By Logan Lewis; Federal Reserve Board
Presented by: Logan Lewis, Federal Reserve Board
Session : Prices in International Macroeconomics
Date: July 9, 2011
Time: 10:00 - 12:00
Location: M1.4
How Important is the Currency Denomination of Exports in Open Economy Models?
By Michael Dotsey; Federal Reserve Bank Philadelphia Margarida Duarte; University of Toronto
Presented by: Michael Dotsey, Federal Reserve Bank of Philadelphia
Robust Control, Informational Frictions, and International Consumption Correlations
By Jun Nie; Federal Reserve Bank of Kansas City Yulei Luo; University of Hong Kong Eric R.Young; University of Virginia
Presented by: Yulei Luo, The University of Hong Kong
Do Sticky Prices Increase Real Exchange Rate Volatility at the Sector Level?
By Mario J. Crucini; Vanderbilt University Mototsugu Shintani; Vanderbilt University Takayuki Tsuruga; Kyoto University
Presented by: Mario Crucini, Vanderbilt University
Consumption Risk Sharing, the Real Exchange Rate, and Borders: Why Does the Exchange Rate Make Such a Difference?
By Michael Devereux; UBC Viktoria Hnatkovska; UBC
Presented by: Viktoria Hnatkovska, University of British Columbia
Session : Heterogeneity in Consumption
Date: July 9, 2011
Time: 10:00 - 12:00
Location: M2.3
Intergenerational Redistribution in the Great Recession
By Andy Glover; Minnesota Jonathan Heathcote; Minneapolis FED Dirk Krueger, Univ. of Pennsylvania Jose-Victor Rios Rull, Minnesota
Presented by: Dirk Krueger, University of Pennsylvania
Consumer Spending and the Economic Stimulus Payments of 2008
By Jonathan A. Parker; Northwestern University Nicholas S. Souleles; University of Pennsylvania David S. Johnson; U.S. Census Bureau Robert McClelland; Bureau of Labor Statistics
Presented by: Jonathan Parker, Northwestern University
Precautionary Saving over the Business Cycle
By Edouard Challe; Ecole Polytechnique & Banque de France Xavier Ragot; Banque de France & PSE
Presented by: Edouard Challe, Ecole Polytechnique
Credit Crises, Precautionary Savings and the Liquidity Trap
By Veronica Guerrieri; Chicago Guido Lorenzoni; MIT
Presented by: Guido Lorenzoni, MIT
Session : Economic Policy and Transmission
Date: July 9, 2011
Time: 10:00 - 12:00
Location: M0.1
Confidence and the Transmission of Government Spending Shocks
By Ruediger Bachmann; University of Michigan Eric Sims; University of Notre Dame
Presented by: Ruediger Bachmann, University of Michigan
Uncertainty about Government Policy and Stock Prices
By Lubos Pastor; Univ of Chicago Pietro Veronesi; Chicago Booth
Presented by: Pietro Veronesi, Chicago Booth
A Model of the Consumption Response to Fiscal Stimulus Payments
By Greg Kaplan (Penn) Gianluca Violante (NYU)
Presented by: Gianluca Violante, New York University
Session : International Capital Flows
Date: July 9, 2011
Time: 10:00 - 12:00
Location: M1.5
Asset Liquidity and International Portfolio Choice
By Athanasios Geromichalos; University of California, Davis Ina Simonovska; University of California, Davis
Presented by: Ina Simonovska, University of California - Davis
International Risk Sharing with Endogenously Segmented Asset Markets
By Simona E. Cociuba; Federal Reserve Bank of Dallas Ananth Ramanarayanan; Federal Reserve Bank of Dallas
Presented by: Ananth Ramanarayanan, Federal Reserve Bank of Dallas
Home bias and portfolio dynamics in a multi-country model
By Luca Dedola; European Central Bank and CEPR Giovanni Lombardo; European Central Bank Roland Straub; European Central Bank
Presented by: Giovanni Lombardo, European Central Bank
Global Banking and International Business Cycles
By Robert KOLLMANN (PRESENTER), ECARES, Université Libre de Bruxelles and CEPR Zeno ENDERS, University of Bonn Gernot Mueller, University of Bonn and CEPR
Presented by: Robert Kollmann, Université Libre de Bruxelles
Session : Reallocation and Business Cycles
Date: July 9, 2011
Time: 10:00 - 12:00
Location: M1.2
Reallocation and the Changing Nature of Economic Fluctuations
By Michael Jason Pries; University of Notre Dame Eric Sims; University of Notre Dame
Presented by: Michael Pries, University of Notre Dame
Selection, Reallocation and the Shape of Aggregate Fluctuations: A General Equilibrium Analysis
By Gian Luca Clementi; Stern School, New York Univ. Aubhik Khan; Ohio State Univ. Dino Palazzo; Boston University Julia K. Thomas; Ohio State Univ.
Presented by: Julia Thomas, The Ohio State University
Unemployment and Endogenous Reallocation over the Business Cycle
By Carlos Carrillo-Tudela; U. Essex Ludo Visschers; U. Carlos III, Madrid
Presented by: Lodewijk Visschers, Universidad Carlos III
Accounting for the Cyclical Dynamics of Income Shares
By Shao, Enchuan; Bank of Canada Silos, Pedro; Federal Reserve Bank of Atlanta
Presented by: Pedro Silos, Federal Reserve Bank of Atlanta
Session : European Union
Date: July 9, 2011
Time: 10:00 - 12:00
Location: M2.2
The European Union, the Euro, and Equity Market Integration
By Geert Bekaert Campbell R. Harvey Christian Lundblad Stephan Siegel
Presented by: Geert Bekaert, Columbia University
Macroeconomic consequences of different types of credit market disturbances and non-conventional monetary policy in the euro area
By Gert Peersman; Ghent University
Presented by: Gert Peersman, Ghent University
Exit Strategies
By Ignazio Angeloni;ECB Roland Winkler;Frankfurt University
Presented by: Ester Faia, Johann Wolfgang Goethe University
Comparative Advantage and the Welfare Impact of European Integration
By Andrei A. Levchenko; University of Michigan Jing Zhang; University of Michigan
Presented by: Andrei Levchenko, University of Michigan
Session : Dynamic Political Economy II
Date: July 9, 2011
Time: 10:00 - 12:00
Location: School 1
A Dynamic Politico-Economic Model of Intergenerational Contracts
By Francesco Lancia; Catholic University of Milan Alessia Russo; University of Bologna and University of Modena and Reggio-Emilia
Presented by: Francesco Lancia, Catholic University of Milan
Dynamic Bargaining over Redistribution in Legislatures
By Facundo Piguillem; Einaudi Institute for Economic and Finance(EIEF) Alessandro Riboni; University of Montreal
Presented by: Facundo Piguillem, EIEF. Einaudi Institute for Economics and Finance
Political Disagreement, Lack of Commitment and the Level of Debt
By Davide Debortoli; University of California, San Diego Ricardo Nunes; Federal Reserve Board
Presented by: Davide Debortoli, University of California, San Diego
Deceptive Redistribution
By Simeon D. Alder; University of Notre Dame Guillermo L. Ordoñez; Yale University
Presented by: Simeon Alder, University of Notre Dame
Session : Worker Heterogeneity in Search and Matching Markets
Date: July 9, 2011
Time: 10:00 - 12:00
Location: M0.5
A Directed Search Model of Ranking by Unemployment Duration
By Javier Fernandez-Blanco; University Carlos III of Madrid Edgar Preugschat; Norwegian School of Management
Presented by: Javier Fernandez, University Carlos III of Madrid
The Employed, the Unemployed, and the Unemployable: Directed Search with Worker Heterogeneity
By Suren Basov; LaTrobe University Ian King; University of Melbourne Lawrence Uren; University of Melbourne
Presented by: Ian King, University of Melbourne
Wage Dispersion and Labor Turnover with Adverse Selection
By Carlos Carrillo-Tudela, University of Essex Leo Kaas, University of Konstanz
Presented by: Leo Kaas, University of Konstanz
Human Capital and Unemployment Dynamics: Why More Educated Workers Enjoy Greater Employment Stability
By Isabel Cairo; Universitat Pompeu Fabra Tomaz Cajner; Universitat Pompeu Fabra
Presented by: Tomaz Cajner, Universitat Pompeu Fabra
Session : Inequality by gender or race
Date: July 9, 2011
Time: 10:00 - 12:00
Location: School 2
The Gender Unemployment Gap
By Stefania Albanesi; Columbia University Aysegul Sahin, Federal Reserve Bank of New York
Presented by: Aysegul Sahin, Federal Reserve Bank of New York
Preferences for flexibility and gender labor market inequality.
By Andrea Moro; Vanderbilt University Luca Flabbi; Georgetown University
Presented by: Andrea Moro, Vanderbilt University
The Service Sector and Female Market Work: Europe vs US
By Michelle Rendall; University of Zurich
Presented by: Michelle Rendall, University of Zurich
The neighbor is king: Customer discrimination in the housing market
By Pierre-Philippe Combes; GREQAM, Aix-Marseille Université Bruno Decreuse; GREQAM, Aix-Marseille Université Benoît Schmutz; GREQAM, Aix-Marseille Université Alain Trannoy; GREQAM, EHESS
Presented by: Bruno Decreuse, University of Aix-Marseilles
Session : Trading in Financial Markets
Date: July 9, 2011
Time: 10:00 - 12:00
Location: M0.2
Trading interest rate risk in derivatives markets
By Juliane Begenau; Stanford Monika Piazzesi; Stanford Martin Schneider; Stanford
Presented by: Martin Schneider, Stanford University
The Welfare Effects of Financial Innovation: High-Frequency Trading in Equity Markets
By Emiliano S. Pagnotta, NYU Stern Thomas Philippon, NYU Stern
Presented by: Emiliano Pagnotta, New York University
The limits of market discipline: proprietary trading and aggregate risk
By Sylvain Champonnois; UCSD
Presented by: Sylvain Champonnois, University of California, San Diego
Learning about Consumption Dynamics
By Michael Johannes; Columbia University Lars A. Lochstoer; Columbia University Yiqun Mou; Columbia University
Presented by: Lars Lochstoer, Columbia University
Session : Housing and Macroeconomics
Date: July 9, 2011
Time: 13:15 - 15:15
Location: M1.2
Home Equity, Mobility, and Macroeconomic Fluctuations
By Vincent Sterk; De Nederlandsche Bank, University of Amsterdam
Presented by: Vincent Sterk, University of Amsterdam
Endogenous Gentrification and Housing Price Dynamics
By Veronica Guerrieri, University of Chicago Daniel Hartley, Cleveland Fed Erik Hurst, University of Chicago
Presented by: Veronica Guerrieri, University of Chicago
Banks and Business Cycles
By Matteo Iacoviello; Federal Reserve Board
Presented by: Matteo Iacoviello, Federal Reserve Board
Do Households Use Homeownership To Insure Themselves? Evidence across US Cities
By Jonathan Halket; UCL Michael Amior; UCL
Presented by: Jonathan Halket, University College London
Session : The Extensive Margin in Trade and Welfare
Date: July 9, 2011
Time: 13:15 - 15:15
Location: M2.1
Trade Liberalization, Growth, and Productivity
By Claustre Bajna; Ryerson University Mark J. Gibson; Washington State University Timothy J. Kehoe; University of Minnesota Kim J. Ruhl; Stern School, New York University
Presented by: Timothy Kehoe, University of Minnesota
The Dynamic Effects of Currency Union on Trade
By Paul Bergin; University of California at Davis Ching-Yi Lin; Tsinghua University, Taiwan
Presented by: Paul Bergin, University of California at Davis
Everything all the time? Re-evaluating the gains from varieties
By Roc Armenter; Federal Reserve Bank of Philadelphia Miklos Koren; Central European University
Presented by: Miklos Koren, Central European University
Export Dynamics and Business Cycles in Emerging Economies
By George Alessandria; Federal Reserve Bank of Philadelphia Sangeeta Pratap; CUNY-Hunter Vivian Z. Yue; New York University
Presented by: Vivian Yue, New York University
Session : Menu Costs
Date: July 9, 2011
Time: 13:15 - 15:15
Location: School 2
Price Rigidity in Europe and the US: A Comparative Analysis Using Scanner Data
By Benjamin Verhelst; Ghent University Dirk Van den Poel; Ghent University
Presented by: Benjamin Verhelst, Ghent University
Large Shocks in Menu Cost Models
By Peter Karadi; The Central Bank of Hungary Adam Reiff; The Central Bank of Hungary
Presented by: Peter Karadi, Central Bank of Hungary
Multiproduct Firms and Price-Setting: Theory and Evidence from U.S. Producer Prices
By Saroj Bhattarai; Penn State University Raphael S. Schoenle; Brandeis University
Presented by: Raphael Schoenle, Brandeis University
Pricing Regimes in Disaggregated Data
By Luminita Stevens; Columbia University
Presented by: Luminita Stevens, Columbia University
Session : Entrepreneurship and Risk
Date: July 9, 2011
Time: 13:15 - 15:15
Location: M2.3
Bankruptcy, Incorporation and the Nature of Entrepreneurial Risk
By Andy Glover; University of Minnesota Jacob M. Short; University of Western Ontario
Presented by: Jacob Short, University of Western Ontario
Spread Components in the Hungarian Forint-Euro Market
By Michael Frömmel, Ghent University, BELGIUM Frederick Van Gysegem, Ghent University, BELGIUM
Presented by: Frederick Van Gysegem, Ghent University
Credit Crunches and Credit Allocation in a Model of Entrepreneurship
By Marco Bassetto; Federal Reserve Bank of Chicago Marco Cagetti; Board of Governors of the Federal Reserve System Mariacristina De Nardi; Federal Reserve Bank of Chicago
Presented by: Marco Bassetto, Federal Reserve Bank of Chicago
Entrepreneurship and Endogenous Volatility
By Pablo D'Erasmo; University of Maryland Hernan Moscoso Boedo; University of Virginia
Presented by: Pablo D'Erasmo, University of Maryland, College Park
Session : New Theories for Business Cycles
Date: July 9, 2011
Time: 13:15 - 15:15
Location: M2.2
Ambiguous Business Cycles
By Cosmin Ilut; Duke University Martin Schneider; Stanford University
Presented by: Cosmin Ilut, Duke University
Heterogeneous Information and Labor Market Fluctuations
By Venky Venkateswaran
Presented by: Vaidyanathan Venkateswaran, UCLA
News, Noise, and Fluctuations: An Empirical Exploration
By Olivier Blanchard; IMF Jean-Paul L'Huillier; Einaudi Institute for Economics and Finance Guido Lorenzoni; MIT
Presented by: Jean-Paul L'Huillier, Einaudi Institute for Economics and Finance
Wealth and Volatility
By Jonathan Heathcote; Federal Reserve Bank of Minneapolis Fabrizio Perri; University of Minnesota
Presented by: Jonathan Heathcote, Federal Reserve Bank of Minneapolis
Session : The Organization of Markets and Market Design
Date: July 9, 2011
Time: 13:15 - 15:15
Location: M0.5
Production Chains
By David K. Levine
Presented by: David Levine, Washington University in St Louis
Testing Bidders' Risk Aversions in Auctions with Endogenous Entry
By Hanming Fang; University of Pennsylvania Xun Tang; University of Pennsylvania
Presented by: Xun Tang, University of Pennsylvania
Many-to-Many Matching Design and Price Discrimination
By Renato Gomes; Toulouse School of Economics Alessandro Pavan; Northwestern University
Presented by: Renato Gomes, Toulouse School of Economics
Outsourcing versus Vertical Integration: A Dynamic Model of Industry Equilibrium.
By Roman Fossati; Universidad Carlos III de Madrid
Presented by: Roman Fossati, Universidad Carlos III de Madrid
Session : Family and Intrahousehold Decisions
Date: July 9, 2011
Time: 13:15 - 15:15
Location: School 1
Why Not Settle Down Already? A Quantitative Question
By Cezar Santos; University of Pennsylvania David Weiss; University of Pennsylvania
Presented by: Cezar Santos, University of Pennsylvania
Marriage and Cohabitation
By Ahu Gemici; NYU Steve Laufer; NYU
Presented by: Ahu Gemici, New York University
Black and White Fertility, Differential Baby Booms: The Value of Civil Rights (Equal Opportunity for Education)
By Robert Tamura; Clemson University Curtis J. Simon; Clemson University Kevin M. Murphy; University of Chicago
Presented by: Robert Tamura, Clemson University
Life-Cycle Consumption: Can Single Agent Models Get it Right?
By Alexander Bick; Goethe University Frankfurt Sekyu Choi; Universitat Autonoma de Barcelona
Presented by: Alexander Bick, Goethe University
Session : Social Security and Aging
Date: July 9, 2011
Time: 13:15 - 15:15
Location: M0.3
Social Security, Endogenous Retirement, and Intrahousehold Cooperation
By Giovanni Gallipoli; University of British Columbia Laura Turner; University of Toronto
Presented by: Laura Turner, University of Toronto and CFAP
Pension design with a large informal labor market: evidence from Chile.
By Clement Joubert; UNC Chapel Hill
Presented by: Clement Joubert, University of North Carolina at Chapel H
Health Insurance Reform: The impact of a Medicare Buy-In
By Gary D. Hansen; UCLA Minchung Hsu; GRIPS Junsang Lee; Australian National University
Presented by: Gary Hansen, UCLA
Financing Health Care in Japan: The Impact of an Aging Population
By Gary D. Hansen; UCLA Minchung Hsu; GRIPS Tomoaki Yamada; Meiji University
Presented by: Tomoaki Yamada, Meiji University
Session : Equilibrium Models of Liquidity in Asset Markets
Date: July 9, 2011
Time: 13:15 - 15:15
Location: M0.1
Trade Dynamics in the Market for Federal Funds
By Gara Afonson (Federal Reserve Bank of New York) Ricardo Lagos (New York University)
Presented by: Ricardo Lagos, NYU
Endogenous Liquidity Supply
By Ravi Bansal, Duke University Wilbur John Coleman II, Duke University Christian T. Lundblad, Univ of North Carolina, Chapel hill
Presented by: John Coleman, Duke University
Adverse Selection and Liquidity Distortion in Decentralized Markets
By Briana Chang;Northwestern University
Presented by: Briana Chang, Northwestern University
Competitive Equilibrium in Asset Markets with Adverse Selection
By Veronica Guerrieri; University of Chicago Robert Shimer; University of Chicago
Presented by: Robert Shimer, University of Chicago
Session : Assesment of Employment and Technology Processes
Date: July 9, 2011
Time: 13:15 - 15:15
Location: M1.5
Reconciling Estimates of Income Processes in Growth Rates and Levels
By Moira Daly; Copenhagen Business School Dmytro Hryshko; University of Alberta Iourii Manovskii; University of Pennsylvania
Presented by: Dmytro Hryshko, University of Alberta
Does Indivisible Labor Explain the Difference between Micro and Macro Elasticities? A Meta-Analysis of Extensive Margin Elasticities
By Raj Chetty; Harvard University Adam Guren; Harvard University Day Manoli; University of California, Los Angeles Andrea Weber; University of Mannheim
Presented by: Dayanand Manoli, UCLA
Identifying Technology Shocks in Models with Heterogeneous Inputs
By Luigi Bocola; University of Pennsylvania Marcus Hagedorn; University of Zurich Iourii Manovskii; University of Pennsylvania
Presented by: Iourii Manovskii, University of Pennsylvania
Learning and Model Validation
By In-Koo Cho; University of Illinois Kenneth Kasa; Simon Fraser University
Presented by: In-Koo Cho, University of Illinois
Session : Firms and Business Cycle
Date: July 9, 2011
Time: 13:15 - 15:15
Location: M1.4
Competitive Search and Firm Growth
By Erzo G.J. Luttmer; University of Minnesota
Presented by: Erzo Luttmer, University of Minnesota
Science-Based Business: Knowledge Capital or Entrepreneurial Ability? Theory and Evidence from a Survey of Biotechnology Start-ups
By Serguey Braguinsky; Carnegie Mellon University Yuji Honjo; Chuo University Sadao Nagaoka; Hitotsubashi University Kenta Nakamura; Kobe University
Presented by: Serguey Braguinsky, Carnegie Mellon University
The Cyclicality of Productivity Dispersion
By Matthias Kehrig; Northwestern University
Presented by: Matthias Kehrig, Northwestern University
Fiscal Stimulus in a Business Cycle Model with Firm Entry
By Alexander Totzek; University Kiel Roland Winkler; Goethe University Frankfurt
Presented by: Roland Winkler, Goethe University Frankfurt
Session : Factors influencing employment and wages
Date: July 9, 2011
Time: 13:15 - 15:15
Location: M0.2
Pension reform, employment by age, and long-run growth in OECD countries.
By Tim Buyse; Ghent University Freddy Heylen; Ghent University Renaat Van de Kerckhove; Ghent University
Presented by: Tim Buyse, Ghent University
Grandparenting and Labor Supply
By Peter Rupert; University of California, Santa Barbara Giulio Zanella; University of Bologna
Presented by: Peter Rupert, University of California, Santa Barbara
Career Concerns: A Human Capital Perspective
By Braz Camargo; Sao Paulo School of Economics-FGV Elena Pastorino; University of Iowa, UAB-Barcelona GSE.
Presented by: Braz Camargo, Fundação Getúlio Vargas
Job Search and Housing Under Credit Constraints
By Núria Quella; SUNY - Stony Brook University Silvio Rendon; Stony Brook University
Presented by: Núria Quella, SUNY - Stony Brook University
Session : Rational Inattention: Theoretical and Empirical Contributions
Date: July 9, 2011
Time: 15:45 - 17:45
Location: M0.1
When Should Policymakers Make Announcements?
By Ricardo Reis ; Columbia University
Presented by: Ricardo Reis, Columbia University
De-regulating Markets for Financial Information
By Pablo Kurlat, Stanford Laura Veldkamp, NYU Stern
Presented by: Laura Veldkamp, NYU Stern
Asymmetric Attention and Stock Returns
By Jordi Mondria; University of Toronto Thomas Wu; UC Santa Cruz
Presented by: Jordi Mondria, University of Toronto
Dynamics of Understanding the World
By Bartosz Mackowiak; European Central Bank Mirko Wiederholt; Northwestern University
Presented by: Mirko Wiederholt, Northwestern University
Session : fiscal policy, financial crises and capital flows
Date: July 9, 2011
Time: 15:45 - 17:45
Location: M2.1
Fiscal Policy in Debt Constrained Economies
By Mark Aguiar; University of Rochester Manuel Amador; Stanford University
Presented by: Mark Aguiar, University of Rochester
Dispersed Information over the Business Cycle: Optimal Fiscal and Monetary Policy
By George-Marios Angeletos; MIT Jennifer La'O; University of Chicago
Presented by: Jennifer La'O, University of Chicago
Managing a Liquidity Trap: Monetary and Fiscal Policy
By Ivan Werning; Massachusetts Institute of Technology
Presented by: Ivan Werning, Massachusetts Institute of Technology
Bubbly Liquidity
By Emmanuel Farhi; Harvard Jean Tirole; TSE
Presented by: Emmanuel Farhi, Harvard University
Session : Fiscal Policy
Date: July 9, 2011
Time: 15:45 - 17:45
Location: M1.5
The dynamics of sovereign debt crises in a monetary union
By Uhlig (Harald Uhlig); University of Chicago
Presented by: Harald Uhlig, University of Chicago
The Fiscal Multiplier Morass: A Bayesian Perspective
By Eric M. Leeper; Indiana University Nora Traum; North Carolina State University Todd B. Walker; Indiana University
Presented by: Todd Walker, Indiana University
A New Approach to the Estimation of Tax Multipliers
By Karel Mertens; Cornell University Morten O. Ravn; University College London
Presented by: Morten Ravn, University College London
Debt, Deleveraging and the Liquidity Trap
By Gauti B. Eggertsson, NY Fed Paul Krugman, Princeton
Presented by: Gauti Eggertsson, Federal Reserve Bank of New York
Session : Female Labor Supply
Session Chair: Nicola Fuchs-Schündeln, Goethe University Frankfurt /Main
Date: July 9, 2011
Time: 15:45 - 17:45
Location: M0.3
Inequality and Household Labor Supply
By Stefania Albanesi; Columbia University Maria J. Prados; Columbia University
Presented by: Stefania Albanesi, Columbia
Fertility and Consumption when Having a Child is a Risky Investment
By Pedro Gete; Georgetown University Paolo Porchia; IE Business School
Presented by: Pedro Gete, Georgetown University
Taxing Women: A Macroeconomic Analysis
By Nezih Guner; ICREA-MOVE, Universitat Autonoma de Barcelona, Barcelona GSE Remzi Kaygusuz; Faculty of Arts and Social Sciences, Sabanci University, Turkey Gustavo Ventura; Department of Economics, University of Iowa, USA.
Presented by: Nezih Guner, Universitat Autonoma de Barcelona
Female Hours Worked Across Time and Space
By Alexander Bick; Goethe University Frankfurt Nicola Fuchs-Schuendeln; Goethe University Frankfurt
Presented by: Nicola Fuchs-Schündeln, Goethe University Frankfurt /Main
Session : Housing, Mortgage Default, Mobility and Labor Market Outcomes
Date: July 9, 2011
Time: 15:45 - 17:45
Location: M0.2
Identification of dynamic models with aggregate shocks with an application to mortgage default in Colombia
By Juan Esteban Carranza; ICESI Salvador Navarro; University of Wisconsin-Madison
Presented by: Salvador Navarro, University of Wisconsin-Madison
The Financial Crisis and the Role of Real Estate Investors
By Andrew Haughwout;Federal Reserve Bank of New York Donghoon Lee; Federal Reserve Bank of New York Joseph Tracy; Federal Reserve Bank of New York Wilbert van der Klaauw; Federal Reserve Bank of New York
Presented by: Wilbert van der Klaauw, Federal Reserve Bank of New York
Housing Dynamics
By Edward Glaeser, Harvard University Joseph Gyourko, University of Pennsylvania Eduardo Morales, Harvard University Charles Nathanson, Harvard University
Presented by: Joseph Gyourko, The Wharton School
Houses as ATMs? Mortgage Refinancing and Macroeconomic Uncertainty
By Hui Chen; MIT Sloan and NBER Michael Michaux; USC Marshall Nikolai Roussanov; Wharton and NBER
Presented by: Nikolai Roussanov, Wharton School, U. of Penn
Session : Corporate Finance
Date: July 9, 2011
Time: 15:45 - 17:45
Location: M0.5
A LINTNER MODEL OF DIVIDENDS AND MANAGERIAL RENTS
By Bart M. Lambrecht; Lancaster University Stewart C. Myers; MIT Sloan School of Management
Presented by: Bart Lambrecht, Lancaster University Management School
Communication and Decision-Making in Corporate Boards
By Nadya Malenko; Stanford University
Presented by: Nadya Malenko, Stanford University
Strategic Relationships in Over-the-Counter Markets
By Ana Babus, Princeton University
Presented by: Ana Babus, Princeton University
"Securities market theory: possession, repo and rehypothecation"
By Jean Marc Bottazzi; JP Morgan and Paris School of Economics; Jaime Luque; Univ. Carlos III Madrid; Mario Pascoa; Univ. Nova Lisboa.
Presented by: Jaime Luque, Department of Economics
Session : Financial Frictions and Intermediation
Date: July 9, 2011
Time: 15:45 - 17:45
Location: M2.2
A Theory of Credit Scoring and the Competitive Pricing of Default Risk
By Satyajit Chatterjee; FRB Philadelphia Dean Corbae: University of Texas at Austin Victor Rios-Rull; University of Minnesota
Presented by: Satyajit Chatterjee, Federal Reserve Bank of Philadelphia
Costs and Benefits of the Financial Sector
By Tiago Pinheiro; Norwegian School of Economics Francisco Rivadeneyra; Bank of Canada Marc Teignier; University of the Basque Country
Presented by: Francisco Rivadeneyra, Bank of Canada
Financial Intermediaries, Leverage Ratios and Business Cycles
By Yasin Mimir; University of Maryland
Presented by: Yasin Mimir, University of Maryland College Park
Collateral Crises
By Gary Gorton; Yale University Guillermo Ordonez, Yale University
Presented by: Guillermo Ordonez, Yale University
Session : International Business Cycles
Date: July 9, 2011
Time: 15:45 - 17:45
Location: M2.3
The Exchange Rate Response Puzzle
By Viktoria Hnatkovska; UBC Amartya Lahiri; UBC Carlos Vegh; University of Maryland
Presented by: Amartya Lahiri, University of British Columbia
International Business Cycles and Financial Frictions
By Wen Yao; University of Pennsylvania
Presented by: Wen Yao, UPenn
Trade Volatility, Business Cycle Synchronization, and Inventory Dynamics
By George Alessandria: Federal Reserve Bank of Philadelphia Virgiliu Midrigan: NYU Joseph Kaboski: Notre Dame
Presented by: George Alessandria, Federal Reserve Bank of Philadelphia
Limited participation and International Risk-Sharing
By Nicolas Coeurdacier; SciencesPo and CEPR Helene Rey; London Business School, CEPR and NBER Tarik Ocaktan; London Business School
Presented by: Tarik Ocaktan, London Business School and Paris School of Economics
Session : Health Care Reform
Date: July 9, 2011
Time: 15:45 - 17:45
Location: School 1
Distributional Effects of Public Health Insurance Reform
By Hubert P. Janicki; Arizona State University
Presented by: Hubert Janicki, Arizona State University
Income Differences and Health Care Expenditures over the Life Cycle
By Serdar Ozkan; University of Pennsylvania
Presented by: Serdar Ozkan, University of Pennsylvania
Are Recessions Good for Your Health? A Macroeconomic Analysis
By Hui He; University of Hawaii at Manoa Sheng-Ti Hung; University of Hawaii at Manoa
Presented by: Hui He, University of Hawaii
Quantitative Analysis of Health Insurance Reform: Separating Community Rating from Income Redistribution
By Svetlana Pashchenko; University of Virginia Ponpoje Porapakkarm; University of Macau
Presented by: Svetlana Pashchenko, University of Virginia
Session : Topics in Development
Date: July 9, 2011
Time: 15:45 - 17:45
Location: School 2
Demographic Patterns and Household Saving in China
By Chadwick R. Curtis; University of Notre Dame Steven Lugauer; University of Notre Dame Nelson C. Mark; University of Notre Dame and NBER
Presented by: Nelson Mark, University of Notre Dame
Small Scale Reservation Laws and the Misallocation of Talent
By Manuel Garcia-Santana; CEMFI Josep Pijoan-Mas; CEMFI and CEPR
Presented by: Josep Pijoan-Mas, CEMFI
Disease and Development: The Role of Human Capital
By Rodolfo E. Manuelli; Washington University in St. Louis
Presented by: Rody Manuelli, Washington University in St. Louis
When Veblen meets Krugman.
By Christian Ghiglino; University of Essex, UK and Antonella Nocco; University of Salento (Lecce), Italy.
Presented by: Christian Ghiglino, University of Essex
Session : Empirical Labor
Date: July 9, 2011
Time: 15:45 - 17:45
Location: M1.4
More Successful because of Math: Combining a Natural Experiment and a Structural Dynamic Model to Explore the Underlying Channels
By Juanna Schrøter Joensen; Stockholm School of Economics Helena Skyt Nielsen; University of Aarhus
Presented by: Juanna Schrøter Joensen, Stockholm School of Economics
Achievement, Race Gaps, and Affirmative Action: A Structural Policy Analysis of US College Admissions
By Brent Hickman; University of Chicago
Presented by: Brent Hickman, University of Chicago
Monitoring and Sanctions in a Non-Stationary Structural Job-Search Model
By Bart Cockx; Ghent University, IZA, CESIfo, UCLouvain Muriel Dejemeppe; UCLouvain Andrey Launov; University of Mainz and IZA Bruno Van der Linden; UCLouvain, FNRS and IZA
Presented by: Bart Cockx, Ghent University
Taking competitive search to data
By Anna Godøy; Ragnar Frisch Centre for Economic Research Espen R. Moen; Norwegian School of Management
Presented by: Anna Godøy, The Ragnar Frisch Centre for
Session : Advances in Search Models of the Labor Market
Date: July 9, 2011
Time: 15:45 - 17:45
Location: M1.2
Pro-cyclical Unemployment Benefits? Optimal Policy in an Equilibrium Business Cycle Model
By Kurt Mitman; University of Pennsylvania Stanislav Rabinovich; University of Pennsylvania
Presented by: Stanislav Rabinovich, University of Pennsylvania
Bargaining with Commitment between Workers and Large Firms
By William B. Hawkins; University of Rochester
Presented by: William Hawkins, University of Rochester
Directed search with endogenous capacity
By Mats Godenhielm; University of Helsinki Klaus Kultti; University of Helsinki and HECER
Presented by: Mats Godenhielm, University of Helsinki
Public Sector Employment in an Equilibrium Search and Matching Model
By James Albrecht; Georgetown University Lucas Navarro; ILADES, Universidad Alberto Hurtado Susan Vroman; Georgetown University
Presented by: Susan Vroman, Georgetown University
Session : Plenary Talk by Douglas Gale
Date: July 9, 2011
Time: 18:00 - 19:00
Location: Aula UGent, Volderstraat 9

This program was last updated on 2011-07-08 3:31:25 EDT