| June 22, 2017 | |
|---|---|
| 09:00 to 10:30 | Parallel session 1 |
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| 10:30 to 11:00 | Coffee break |
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| 11:00 to 12:30 | Parallel session 2 |
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| 12:30 to 13:45 | Lunch |
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| 13:45 to 15:15 | Parallel session 3 |
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| 15:15 to 15:45 | Coffee break |
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| 15:45 to 17:15 | Parallel session 4 |
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| 17:45 to 18:45 | Plenary session: Ayse Imrohoroglu; University of Southern California Marshall School of Business, George Square Lecture Theatre |
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| 19:00 to 22:00 | Cocktail Reception, Dynamic Earth |
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| June 23, 2017 | |
| 09:00 to 10:30 | Parallel session 5 |
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| 10:30 to 11:00 | Coffee break |
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| 11:00 to 12:30 | Parallel session 6 |
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| 12:30 to 13:45 | Lunch |
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| 13:45 to 15:15 | Parallel session 7 |
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| 15:15 to 15:45 | Coffee break |
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| 15:45 to 17:15 | Parallel session 8 |
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| 17:45 to 18:45 | Mortensen Lecture: Erik Hurst; University of Chicago Booth School of Business, George Square Lecture Theatre |
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| 19:00 to 00:00 | Gala Dinner, Assembly Rooms |
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| June 24, 2017 | |
| 09:00 to 10:30 | Parallel session 9 |
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| 10:30 to 11:00 | Coffee break |
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| 11:00 to 12:30 | Parallel session 10 |
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| 12:30 to 13:45 | Lunch |
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| 13:45 to 15:15 | Parallel session 11 |
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| 15:15 to 15:45 | Coffee break |
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| 15:45 to 17:15 | Parallel session 12 |
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| 17:45 to 18:45 | Plenary session: Francesco Caselli; London School of Economics, George Square Lecture Theatre |
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| 19:00 to 23:00 | BBQ, Teviot Row House |
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| Parallel session 1 June 22, 2017 09:00 to 10:30 | |
|---|---|
| Optimal Fiscal and Monetary Policy with Heterogeneous Agents, David Hume Tower: Lecture Theatre B | |
| Firms in Trade, 50 George Square: G.05 | |
| Topics in International Macroeconomics, David Hume Tower: LG.09 | |
| Financial Markets, 50 George Square: G.03 | |
| Labor Markets: Cross-Country Evidence, David Hume Tower: LG.06 | |
| Business Cycle Dynamics and Informational Frictions, 50 George Square: G.02 | |
| Innovation, David Hume Tower: Lecture Theatre C | |
| Geography and Trade, 50 George Square: G.01 | |
| International Shocks and Firm-Level Volatility, David Hume Tower: LG.08 | |
| Principal Agent Models, 50 George Square: G.06 | |
| Interhousehold and Intergenerational Insurance, 50 George Square: G.04 | |
| Monetary Policy and Financial Conditions, David Hume Tower: LG.10 | |
| Labor Market Policy, David Hume Tower: LG.11 | |
| Topics in Macroeconomics, 50 George Square: 1.06 |
| Parallel session 2 June 22, 2017 11:00 to 12:30 | |
|---|---|
| Frictional Asset Markets, 50 George Square: G.03 | |
| Monetary Policy I, David Hume Tower: Lecture Theatre B | |
| Topics in Spatial Economics, 50 George Square: G.05 | |
| Household Income Inequality and Marital Sorting, David Hume Tower: LG.11 | |
| Endogenous Productivity, David Hume Tower: Lecture Theatre C | |
| Frictions in Financial Contracting, 50 George Square: G.06 | |
| Real Exchange Rates and Productivity, David Hume Tower: LG.09 | |
| Barriers to International Trade, 50 George Square: G.01 | |
| Trade Shocks and the Macroeconomy, David Hume Tower: LG.08 | |
| Institutions and Labor Markets, David Hume Tower: LG.06 | |
| Monetary Policy IV, David Hume Tower: LG.10 | |
| Household Finance, 50 George Square: G.04 | |
| Macroeconomic Theory, 50 George Square: 1.06 | |
| Estimation and Forecasting, 50 George Square: G.02 |
| Parallel session 3 June 22, 2017 13:45 to 15:15 | |
|---|---|
| Trade Migration and Scale Effects (Quantification and Estimation), 50 George Square: G.05 | |
| Discount Rates and Macroeconomics, 50 George Square: G.03 | |
| Housing and the Macroeconomy, 50 George Square: G.04 | |
| Income Distribution and Monetary Policy, David Hume Tower: Lecture Theatre B | |
| Structural Change I, David Hume Tower: Lecture Theatre C | |
| Asset Liquidity and Optimal Policy, David Hume Tower: LG.10 | |
| Declining U.S. Firm Creation, 50 George Square: G.06 | |
| Gender and Labor Market Outcomes, David Hume Tower: LG.11 | |
| Health, Savings, and Consumption, 50 George Square: 1.06 | |
| Social Insurance, David Hume Tower: LG.06 | |
| Fiscal Policy in the Open Economy, David Hume Tower: LG.09 | |
| Empirical Asset Pricing, 50 George Square: G.02 | |
| Fiscal Policy, David Hume Tower: LG.08 | |
| Topics in Trade and Investment, 50 George Square: G.01 |
| Parallel session 4 June 22, 2017 15:45 to 17:15 | |
|---|---|
| Pricing Volatility Shocks, 50 George Square: G.03 | |
| Policy, Prices, and Aggregate Demand, 50 George Square: 1.06 | |
| Credit and the Macroeconomy, David Hume Tower: LG.10 | |
| Reassessing Misallocation, David Hume Tower: Lecture Theatre C | |
| Knowledge, Innovation, and Trade, 50 George Square: G.05 | |
| Firm Dynamics and Aggregate Outcomes, 50 George Square: G.06 | |
| Search and Matching in the Labor and Marriage Market, David Hume Tower: LG.11 | |
| Macroeconomic Models with Labor Frictions, 50 George Square: G.02 | |
| Monetary Policy in Open Economies, David Hume Tower: LG.09 | |
| Monetary Policy II, David Hume Tower: Lecture Theatre B | |
| Sticky Prices and Monetary Non-neutrality, David Hume Tower: LG.06 | |
| Household Debt Sustainability, 50 George Square: G.04 | |
| Carbon and the Economy, 50 George Square: G.01 | |
| Optimal Policy in Liquidity Traps, David Hume Tower: LG.08 |
| Plenary session: Ayse Imrohoroglu; University of Southern California Marshall School of Business George Square Lecture Theatre June 22, 2017 17:45 to 18:45 | |
|---|---|
| Introduced by Edward C. Prescott; Arizona State University, Australian National University, and Federal Reserve Bank of Minneapolis |
| Cocktail Reception Dynamic Earth June 22, 2017 19:00 to 22:00 | |
|---|---|
| Dynamic Earth: 112-116 Holyrood Rd, Edinburgh EH8 8AS, UK |
| Parallel session 5 June 23, 2017 09:00 to 10:30 | |
|---|---|
| Firms and the Macroeconomy, David Hume Tower: LG.09 | |
| Information Asymmetries in Macro-finance, David Hume Tower: Lecture Theatre B | |
| Asset Pricing and Macroeconomics, 50 George Square: G.06 | |
| Firm Heterogeneity and Monetary Policy, David Hume Tower: Lecture Theatre C | |
| How Consumption Responds to Shocks: New Perspectives, 50 George Square: G.03 | |
| Technical Advances in Optimal Taxation, 50 George Square: G.05 | |
| International Business Cycle Transmission, David Hume Tower: LG.08 | |
| Applied Micro: Development, 50 George Square: G.02 | |
| International Macroeconomics II, David Hume Tower: LG.06 | |
| Industry Dynamics, David Hume Tower: LG.11 | |
| Reconsidering Trade Models and Data, 50 George Square: G.04 | |
| Price Dynamics, 50 George Square: G.01 | |
| Labor Search Models, David Hume Tower: LG.10 | |
| Liquidating Assets, 50 George Square: 1.06 |
| Parallel session 6 June 23, 2017 11:00 to 12:30 | |
|---|---|
| International Trade and Migration , 50 George Square: G.04 | |
| Firm Level Responses to Shocks, David Hume Tower: LG.09 | |
| Banking and Monetary Policy, David Hume Tower: Lecture Theatre B | |
| Wealth, Capital, and Inheritance Taxation, 50 George Square: G.05 | |
| International Macroeconomics, David Hume Tower: LG.06 | |
| Monetary Policy III, David Hume Tower: Lecture Theatre C | |
| Cross Borders Capital Flows, David Hume Tower: LG.08 | |
| The Term Structure of Debt, 50 George Square: G.06 | |
| Dynamic Corporate Finance, 50 George Square: 1.06 | |
| Human Capital in Life Cycle Models, David Hume Tower: LG.10 | |
| Political Risk, 50 George Square: G.02 | |
| Moral Hazard and Optimal Contracts, 50 George Square: G.01 | |
| Structural Change III, David Hume Tower: LG.11 | |
| Dynamic Models of Inequality, 50 George Square: G.03 |
| Parallel session 7 June 23, 2017 13:45 to 15:15 | |
|---|---|
| Optimal Taxation in Imperfect Labor Markets , 50 George Square: G.05 | |
| International Trade I, 50 George Square: G.04 | |
| Credit and Misallocation, 50 George Square: 1.06 | |
| Risk Premia and Monetary Policy, David Hume Tower: Lecture Theatre C | |
| The Cross-section of Expected Returns, 50 George Square: G.06 | |
| Creative Destruction and the Macroeconomy, 50 George Square: G.01 | |
| Wage Structures, David Hume Tower: LG.09 | |
| The Currency Composition of Debt, David Hume Tower: LG.08 | |
| Structural Change II, David Hume Tower: LG.11 | |
| Household Economics and Intergenerational Linkages, 50 George Square: G.02 | |
| The Changing Nature of Business Cycles, 50 George Square: G.03 | |
| Asset Bubbles, Booms, and Busts, David Hume Tower: Lecture Theatre B | |
| Labor Search, David Hume Tower: LG.10 | |
| International Capital Flows, David Hume Tower: LG.06 |
| Parallel session 8 June 23, 2017 15:45 to 17:15 | |
|---|---|
| Wage Dispersion and Inequality, David Hume Tower: LG.09 | |
| International Spillovers and Synchronization, David Hume Tower: LG.08 | |
| Demographics and Labor Markets, David Hume Tower: LG.10 | |
| Optimal Fiscal Policy, 50 George Square: G.05 | |
| Leverage and Financial Constraints, David Hume Tower: Lecture Theatre B | |
| Firm Capital Structure, 50 George Square: 1.06 | |
| International Trade II, 50 George Square: G.04 | |
| Bank Market Structure, 50 George Square: G.02 | |
| Empirical Asset Pricing, 50 George Square: G.06 | |
| International Finance, David Hume Tower: LG.06 | |
| Growth, David Hume Tower: LG.11 | |
| Liquidity and Employment, 50 George Square: G.01 | |
| Money and Interest Rates, David Hume Tower: Lecture Theatre C | |
| Advances in Optimal Taxation , 50 George Square: G.03 |
| Mortensen Lecture: Erik Hurst; University of Chicago Booth School of Business George Square Lecture Theatre June 23, 2017 17:45 to 18:45 | |
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| Introduced by Veronica Guerrieri; University of Chicago Booth School of Business |
| Gala Dinner Assembly Rooms June 23, 2017 19:00 to 00:00 | |
|---|---|
| Assembly Rooms: 54 George St, Edinburgh EH2 2LR, UK |
| Parallel session 9 June 24, 2017 09:00 to 10:30 | |
|---|---|
| Sovereign Debt, 50 George Square: G.03 | |
| Belief-driven Fluctuations, 50 George Square: G.04 | |
| Multinational Enterprises, 50 George Square: G.05 | |
| Structural IO I, David Hume Tower: LG.10 | |
| Credit, David Hume Tower: Lecture Theatre C | |
| Policy Uncertainty, Price Discrimination, and Trade, 50 George Square: G.01 | |
| Behavioral Theories of Consumption and Savings, David Hume Tower: LG.08 | |
| Misallocation, 50 George Square: G.02 | |
| Institutions and the U.S. Labor Market, 50 George Square: G.06 | |
| Finance and Development, David Hume Tower: LG.11 | |
| Understanding Housing Prices, David Hume Tower: LG.06 | |
| Expectations in Monetary Policy, 50 George Square: 1.06 | |
| Banks in the Macroeconomy, David Hume Tower: Lecture Theatre B | |
| Applied Micro: Labor, David Hume Tower: LG.09 |
| Parallel session 10 June 24, 2017 11:00 to 12:30 | |
|---|---|
| Frictions and Misallocation, David Hume Tower: LG.11 | |
| Non-homothetic Preferences in Trade and Growth , 50 George Square: G.01 | |
| Information Dynamics, 50 George Square: G.04 | |
| The Zero Lower Bound and Asset Prices, 50 George Square: 1.06 | |
| Networks and Macroeconomics, David Hume Tower: LG.10 | |
| Firm Dynamics, Investment, and Trade, 50 George Square: G.05 | |
| Optimal Bank Regulation, David Hume Tower: Lecture Theatre B | |
| Financial Crisis, David Hume Tower: Lecture Theatre C | |
| Institutions and Labor Market Outcomes, David Hume Tower: LG.09 | |
| Housing Market and Wealth, David Hume Tower: LG.06 | |
| Incomplete Information and Sovereign Debt, 50 George Square: G.03 | |
| Consumption and Income across Generations, David Hume Tower: LG.08 | |
| Macroeconomics and Political Institutions, 50 George Square: G.06 | |
| Firm Dynamics, 50 George Square: G.02 |
| Parallel session 11 June 24, 2017 13:45 to 15:15 | |
|---|---|
| Crises and Policies in Open Economies, 50 George Square: G.03 | |
| Advances in Dynamic Trade Theory, 50 George Square: G.05 | |
| Macro Perspectives, David Hume Tower: Lecture Theatre C | |
| Heterogeneity in Macroeconomics, 50 George Square: G.06 | |
| Information Frictions in Macroeconomics, 50 George Square: G.04 | |
| Monetary Policy, Leverage, and Housing Markets, David Hume Tower: LG.06 | |
| Trade, Skills, and Occupations, 50 George Square: G.01 | |
| Firm-level Productivity, 50 George Square: G.02 | |
| Institutions and Firm Dynamics, David Hume Tower: LG.11 | |
| Frictions and Markets, David Hume Tower: LG.10 | |
| Bank Panic and Propagation, David Hume Tower: Lecture Theatre B | |
| Unconventional Monetary Policy, 50 George Square: 1.06 | |
| Income Risk and Insurance, David Hume Tower: LG.08 | |
| Labor Markets and Business Cycles, David Hume Tower: LG.09 |
| Parallel session 12 June 24, 2017 15:45 to 17:15 | |
|---|---|
| Trade Dynamics and Linkages, 50 George Square: G.01 | |
| The Rise of Student Debt, David Hume Tower: LG.06 | |
| Macroeconomic Fluctuations, David Hume Tower: LG.10 | |
| Banking, David Hume Tower: Lecture Theatre B | |
| Labor Force Participation, David Hume Tower: Lecture Theatre C | |
| Inequality and Asset Prices, David Hume Tower: LG.08 | |
| International Prices, 50 George Square: G.03 | |
| Innovation in the U.S. Economy, David Hume Tower: LG.11 | |
| Asset Prices and Information, 50 George Square: G.04 | |
| Structural IO II, 50 George Square: G.02 | |
| Central Bank Communication and Expectations, 50 George Square: 1.06 | |
| Business Cycles, David Hume Tower: LG.09 | |
| Income Inequality, 50 George Square: G.06 | |
| Geography and Labor Markets, 50 George Square: G.05 |
| Plenary session: Francesco Caselli; London School of Economics George Square Lecture Theatre June 24, 2017 17:45 to 18:45 | |
|---|---|
| Introduced by Nobuhiro Kiyotaki; Princeton University |
| BBQ Teviot Row House June 24, 2017 19:00 to 23:00 | |
|---|---|
| Teviot Row House: 13 Bristo Pl, Edinburgh EH8 9AJ, UK |
Summary of All Sessions |
|---|
Click here for an index of all participants |
| # | Date/Time | Location | Title | Papers |
|---|---|---|---|---|
| 1 | June 22, 2017 9:00-10:30 | David Hume Tower: Lecture Theatre B | Optimal Fiscal and Monetary Policy with Heterogeneous Agents | 3 |
| 2 | June 22, 2017 9:00-10:30 | 50 George Square: G.05 | Firms in Trade | 3 |
| 3 | June 22, 2017 9:00-10:30 | David Hume Tower: LG.09 | Topics in International Macroeconomics | 3 |
| 4 | June 22, 2017 9:00-10:30 | 50 George Square: G.03 | Financial Markets | 3 |
| 5 | June 22, 2017 9:00-10:30 | David Hume Tower: LG.06 | Labor Markets: Cross-Country Evidence | 3 |
| 6 | June 22, 2017 9:00-10:30 | 50 George Square: G.02 | Business Cycle Dynamics and Informational Frictions | 3 |
| 7 | June 22, 2017 9:00-10:30 | David Hume Tower: Lecture Theatre C | Innovation | 3 |
| 8 | June 22, 2017 9:00-10:30 | 50 George Square: G.01 | Geography and Trade | 3 |
| 9 | June 22, 2017 9:00-10:30 | David Hume Tower: LG.08 | International Shocks and Firm-Level Volatility | 3 |
| 10 | June 22, 2017 9:00-10:30 | 50 George Square: G.04 | Interhousehold and Intergenerational Insurance | 3 |
| 11 | June 22, 2017 9:00-10:30 | 50 George Square: G.06 | Principal Agent Models | 3 |
| 12 | June 22, 2017 9:00-10:30 | David Hume Tower: LG.10 | Monetary Policy and Financial Conditions | 3 |
| 13 | June 22, 2017 9:00-10:30 | David Hume Tower: LG.11 | Labor Market Policy | 3 |
| 14 | June 22, 2017 9:00-10:30 | 50 George Square: 1.06 | Topics in Macroeconomics | 3 |
| 15 | June 22, 2017 11:00-12:30 | 50 George Square: G.03 | Frictional Asset Markets | 3 |
| 16 | June 22, 2017 11:00-12:30 | David Hume Tower: Lecture Theatre B | Monetary Policy I | 3 |
| 17 | June 22, 2017 11:00-12:30 | 50 George Square: G.05 | Topics in Spatial Economics | 3 |
| 18 | June 22, 2017 11:00-12:30 | David Hume Tower: LG.11 | Household Income Inequality and Marital Sorting | 3 |
| 19 | June 22, 2017 11:00-12:30 | David Hume Tower: Lecture Theatre C | Endogenous Productivity | 3 |
| 20 | June 22, 2017 11:00-12:30 | 50 George Square: G.06 | Frictions in Financial Contracting | 3 |
| 21 | June 22, 2017 11:00-12:30 | David Hume Tower: LG.09 | Real Exchange Rates and Productivity | 3 |
| 22 | June 22, 2017 11:00-12:30 | 50 George Square: G.01 | Barriers to International Trade | 3 |
| 23 | June 22, 2017 11:00-12:30 | David Hume Tower: LG.08 | Trade Shocks and the Macroeconomy | 3 |
| 24 | June 22, 2017 11:00-12:30 | David Hume Tower: LG.06 | Institutions and Labor Markets | 3 |
| 25 | June 22, 2017 11:00-12:30 | 50 George Square: G.04 | Household Finance | 3 |
| 26 | June 22, 2017 11:00-12:30 | David Hume Tower: LG.10 | Monetary Policy IV | 3 |
| 27 | June 22, 2017 11:00-12:30 | 50 George Square: G.02 | Estimation and Forecasting | 3 |
| 28 | June 22, 2017 11:00-12:30 | 50 George Square: 1.06 | Macroeconomic Theory | 3 |
| 29 | June 22, 2017 13:45-15:15 | 50 George Square: G.05 | Trade Migration and Scale Effects (Quantification and Estimation) | 3 |
| 30 | June 22, 2017 13:45-15:15 | 50 George Square: G.03 | Discount Rates and Macroeconomics | 3 |
| 31 | June 22, 2017 13:45-15:15 | 50 George Square: G.04 | Housing and the Macroeconomy | 3 |
| 32 | June 22, 2017 13:45-15:15 | David Hume Tower: Lecture Theatre B | Income Distribution and Monetary Policy | 3 |
| 33 | June 22, 2017 13:45-15:15 | David Hume Tower: Lecture Theatre C | Structural Change I | 3 |
| 34 | June 22, 2017 13:45-15:15 | David Hume Tower: LG.10 | Asset Liquidity and Optimal Policy | 3 |
| 35 | June 22, 2017 13:45-15:15 | 50 George Square: G.06 | Declining U.S. Firm Creation | 3 |
| 36 | June 22, 2017 13:45-15:15 | David Hume Tower: LG.11 | Gender and Labor Market Outcomes | 3 |
| 37 | June 22, 2017 13:45-15:15 | 50 George Square: 1.06 | Health, Savings, and Consumption | 3 |
| 38 | June 22, 2017 13:45-15:15 | David Hume Tower: LG.06 | Social Insurance | 3 |
| 39 | June 22, 2017 13:45-15:15 | David Hume Tower: LG.09 | Fiscal Policy in the Open Economy | 3 |
| 40 | June 22, 2017 13:45-15:15 | 50 George Square: G.02 | Empirical Asset Pricing | 3 |
| 41 | June 22, 2017 13:45-15:15 | David Hume Tower: LG.08 | Fiscal Policy | 3 |
| 42 | June 22, 2017 13:45-15:15 | 50 George Square: G.01 | Topics in Trade and Investment | 3 |
| 43 | June 22, 2017 15:45-17:15 | 50 George Square: G.03 | Pricing Volatility Shocks | 3 |
| 44 | June 22, 2017 15:45-17:15 | David Hume Tower: LG.10 | Credit and the Macroeconomy | 3 |
| 45 | June 22, 2017 15:45-17:15 | 50 George Square: 1.06 | Policy, Prices, and Aggregate Demand | 3 |
| 46 | June 22, 2017 15:45-17:15 | David Hume Tower: Lecture Theatre C | Reassessing Misallocation | 3 |
| 47 | June 22, 2017 15:45-17:15 | 50 George Square: G.05 | Knowledge, Innovation, and Trade | 3 |
| 48 | June 22, 2017 15:45-17:15 | 50 George Square: G.06 | Firm Dynamics and Aggregate Outcomes | 3 |
| 49 | June 22, 2017 15:45-17:15 | David Hume Tower: LG.11 | Search and Matching in the Labor and Marriage Market | 3 |
| 50 | June 22, 2017 15:45-17:15 | 50 George Square: G.02 | Macroeconomic Models with Labor Frictions | 3 |
| 51 | June 22, 2017 15:45-17:15 | David Hume Tower: LG.09 | Monetary Policy in Open Economies | 3 |
| 52 | June 22, 2017 15:45-17:15 | David Hume Tower: Lecture Theatre B | Monetary Policy II | 3 |
| 53 | June 22, 2017 15:45-17:15 | David Hume Tower: LG.06 | Sticky Prices and Monetary Non-neutrality | 3 |
| 54 | June 22, 2017 15:45-17:15 | 50 George Square: G.04 | Household Debt Sustainability | 3 |
| 55 | June 22, 2017 15:45-17:15 | 50 George Square: G.01 | Carbon and the Economy | 3 |
| 56 | June 22, 2017 15:45-17:15 | David Hume Tower: LG.08 | Optimal Policy in Liquidity Traps | 3 |
| 57 | June 23, 2017 9:00-10:30 | David Hume Tower: LG.09 | Firms and the Macroeconomy | 3 |
| 58 | June 23, 2017 9:00-10:30 | David Hume Tower: Lecture Theatre B | Information Asymmetries in Macro-finance | 3 |
| 59 | June 23, 2017 9:00-10:30 | 50 George Square: G.06 | Asset Pricing and Macroeconomics | 3 |
| 60 | June 23, 2017 9:00-10:30 | David Hume Tower: Lecture Theatre C | Firm Heterogeneity and Monetary Policy | 3 |
| 61 | June 23, 2017 9:00-10:30 | 50 George Square: G.03 | How Consumption Responds to Shocks: New Perspectives | 3 |
| 62 | June 23, 2017 9:00-10:30 | 50 George Square: G.05 | Technical Advances in Optimal Taxation | 3 |
| 63 | June 23, 2017 9:00-10:30 | David Hume Tower: LG.08 | International Business Cycle Transmission | 3 |
| 64 | June 23, 2017 9:00-10:30 | 50 George Square: G.02 | Applied Micro: Development | 3 |
| 65 | June 23, 2017 9:00-10:30 | David Hume Tower: LG.06 | International Macroeconomics II | 3 |
| 66 | June 23, 2017 9:00-10:30 | David Hume Tower: LG.11 | Industry Dynamics | 3 |
| 67 | June 23, 2017 9:00-10:30 | 50 George Square: G.04 | Reconsidering Trade Models and Data | 3 |
| 68 | June 23, 2017 9:00-10:30 | 50 George Square: G.01 | Price Dynamics | 3 |
| 69 | June 23, 2017 9:00-10:30 | David Hume Tower: LG.10 | Labor Search Models | 3 |
| 70 | June 23, 2017 9:00-10:30 | 50 George Square: 1.06 | Liquidating Assets | 3 |
| 71 | June 23, 2017 11:00-12:30 | 50 George Square: G.04 | International Trade and Migration | 3 |
| 72 | June 23, 2017 11:00-12:30 | David Hume Tower: LG.09 | Firm Level Responses to Shocks | 3 |
| 73 | June 23, 2017 11:00-12:30 | David Hume Tower: Lecture Theatre B | Banking and Monetary Policy | 2 |
| 74 | June 23, 2017 11:00-12:30 | 50 George Square: G.05 | Wealth, Capital, and Inheritance Taxation | 3 |
| 75 | June 23, 2017 11:00-12:30 | David Hume Tower: LG.06 | International Macroeconomics | 3 |
| 76 | June 23, 2017 11:00-12:30 | David Hume Tower: Lecture Theatre C | Monetary Policy III | 3 |
| 77 | June 23, 2017 11:00-12:30 | David Hume Tower: LG.08 | Cross Borders Capital Flows | 3 |
| 78 | June 23, 2017 11:00-12:30 | 50 George Square: G.06 | The Term Structure of Debt | 3 |
| 79 | June 23, 2017 11:00-12:30 | 50 George Square: 1.06 | Dynamic Corporate Finance | 3 |
| 80 | June 23, 2017 11:00-12:30 | David Hume Tower: LG.10 | Human Capital in Life Cycle Models | 3 |
| 81 | June 23, 2017 11:00-12:30 | 50 George Square: G.02 | Political Risk | 3 |
| 82 | June 23, 2017 11:00-12:30 | 50 George Square: G.01 | Moral Hazard and Optimal Contracts | 3 |
| 83 | June 23, 2017 11:00-12:30 | David Hume Tower: LG.11 | Structural Change III | 3 |
| 84 | June 23, 2017 11:00-12:30 | 50 George Square: G.03 | Dynamic Models of Inequality | 3 |
| 85 | June 23, 2017 13:45-15:15 | 50 George Square: G.05 | Optimal Taxation in Imperfect Labor Markets | 3 |
| 86 | June 23, 2017 13:45-15:15 | 50 George Square: G.04 | International Trade I | 3 |
| 87 | June 23, 2017 13:45-15:15 | 50 George Square: 1.06 | Credit and Misallocation | 3 |
| 88 | June 23, 2017 13:45-15:15 | David Hume Tower: Lecture Theatre C | Risk Premia and Monetary Policy | 3 |
| 89 | June 23, 2017 13:45-15:15 | 50 George Square: G.06 | The Cross-section of Expected Returns | 3 |
| 90 | June 23, 2017 13:45-15:15 | 50 George Square: G.01 | Creative Destruction and the Macroeconomy | 3 |
| 91 | June 23, 2017 13:45-15:15 | David Hume Tower: LG.09 | Wage Structures | 3 |
| 92 | June 23, 2017 13:45-15:15 | David Hume Tower: LG.08 | The Currency Composition of Debt | 3 |
| 93 | June 23, 2017 13:45-15:15 | David Hume Tower: LG.11 | Structural Change II | 3 |
| 94 | June 23, 2017 13:45-15:15 | 50 George Square: G.02 | Household Economics and Intergenerational Linkages | 3 |
| 95 | June 23, 2017 13:45-15:15 | 50 George Square: G.03 | The Changing Nature of Business Cycles | 3 |
| 96 | June 23, 2017 13:45-15:15 | David Hume Tower: Lecture Theatre B | Asset Bubbles, Booms, and Busts | 3 |
| 97 | June 23, 2017 13:45-15:15 | David Hume Tower: LG.10 | Labor Search | 3 |
| 98 | June 23, 2017 13:45-15:15 | David Hume Tower: LG.06 | International Capital Flows | 3 |
| 99 | June 23, 2017 15:45-17:15 | David Hume Tower: LG.09 | Wage Dispersion and Inequality | 3 |
| 100 | June 23, 2017 15:45-17:15 | David Hume Tower: LG.08 | International Spillovers and Synchronization | 3 |
| 101 | June 23, 2017 15:45-17:15 | David Hume Tower: LG.10 | Demographics and Labor Markets | 3 |
| 102 | June 23, 2017 15:45-17:15 | 50 George Square: G.05 | Optimal Fiscal Policy | 3 |
| 103 | June 23, 2017 15:45-17:15 | David Hume Tower: Lecture Theatre B | Leverage and Financial Constraints | 3 |
| 104 | June 23, 2017 15:45-17:15 | 50 George Square: 1.06 | Firm Capital Structure | 3 |
| 105 | June 23, 2017 15:45-17:15 | 50 George Square: G.04 | International Trade II | 3 |
| 106 | June 23, 2017 15:45-17:15 | 50 George Square: G.02 | Bank Market Structure | 3 |
| 107 | June 23, 2017 15:45-17:15 | 50 George Square: G.06 | Empirical Asset Pricing | 3 |
| 108 | June 23, 2017 15:45-17:15 | David Hume Tower: LG.06 | International Finance | 3 |
| 109 | June 23, 2017 15:45-17:15 | David Hume Tower: LG.11 | Growth | 3 |
| 110 | June 23, 2017 15:45-17:15 | 50 George Square: G.01 | Liquidity and Employment | 3 |
| 111 | June 23, 2017 15:45-17:15 | David Hume Tower: Lecture Theatre C | Money and Interest Rates | 3 |
| 112 | June 23, 2017 15:45-17:15 | 50 George Square: G.03 | Advances in Optimal Taxation | 3 |
| 113 | June 24, 2017 9:00-10:30 | 50 George Square: G.03 | Sovereign Debt | 3 |
| 114 | June 24, 2017 9:00-10:30 | 50 George Square: G.04 | Belief-driven Fluctuations | 3 |
| 115 | June 24, 2017 9:00-10:30 | 50 George Square: G.05 | Multinational Enterprises | 3 |
| 116 | June 24, 2017 9:00-10:30 | David Hume Tower: LG.10 | Structural IO I | 3 |
| 117 | June 24, 2017 9:00-10:30 | David Hume Tower: Lecture Theatre C | Credit | 3 |
| 118 | June 24, 2017 9:00-10:30 | 50 George Square: G.01 | Policy Uncertainty, Price Discrimination, and Trade | 3 |
| 119 | June 24, 2017 9:00-10:30 | David Hume Tower: LG.08 | Behavioral Theories of Consumption and Savings | 3 |
| 120 | June 24, 2017 9:00-10:30 | 50 George Square: G.06 | Institutions and the U.S. Labor Market | 3 |
| 121 | June 24, 2017 9:00-10:30 | 50 George Square: G.02 | Misallocation | 3 |
| 122 | June 24, 2017 9:00-10:30 | David Hume Tower: LG.11 | Finance and Development | 3 |
| 123 | June 24, 2017 9:00-10:30 | David Hume Tower: LG.06 | Understanding Housing Prices | 3 |
| 124 | June 24, 2017 9:00-10:30 | 50 George Square: 1.06 | Expectations in Monetary Policy | 3 |
| 125 | June 24, 2017 9:00-10:30 | David Hume Tower: Lecture Theatre B | Banks in the Macroeconomy | 3 |
| 126 | June 24, 2017 9:00-10:30 | David Hume Tower: LG.09 | Applied Micro: Labor | 3 |
| 127 | June 24, 2017 11:00-12:30 | David Hume Tower: LG.11 | Frictions and Misallocation | 3 |
| 128 | June 24, 2017 11:00-12:30 | 50 George Square: G.01 | Non-homothetic Preferences in Trade and Growth | 3 |
| 129 | June 24, 2017 11:00-12:30 | 50 George Square: G.04 | Information Dynamics | 3 |
| 130 | June 24, 2017 11:00-12:30 | David Hume Tower: LG.10 | Networks and Macroeconomics | 3 |
| 131 | June 24, 2017 11:00-12:30 | 50 George Square: 1.06 | The Zero Lower Bound and Asset Prices | 3 |
| 132 | June 24, 2017 11:00-12:30 | 50 George Square: G.05 | Firm Dynamics, Investment, and Trade | 3 |
| 133 | June 24, 2017 11:00-12:30 | David Hume Tower: Lecture Theatre B | Optimal Bank Regulation | 3 |
| 134 | June 24, 2017 11:00-12:30 | David Hume Tower: Lecture Theatre C | Financial Crisis | 3 |
| 135 | June 24, 2017 11:00-12:30 | David Hume Tower: LG.09 | Institutions and Labor Market Outcomes | 3 |
| 136 | June 24, 2017 11:00-12:30 | David Hume Tower: LG.06 | Housing Market and Wealth | 3 |
| 137 | June 24, 2017 11:00-12:30 | 50 George Square: G.03 | Incomplete Information and Sovereign Debt | 3 |
| 138 | June 24, 2017 11:00-12:30 | David Hume Tower: LG.08 | Consumption and Income across Generations | 3 |
| 139 | June 24, 2017 11:00-12:30 | 50 George Square: G.06 | Macroeconomics and Political Institutions | 3 |
| 140 | June 24, 2017 11:00-12:30 | 50 George Square: G.02 | Firm Dynamics | 3 |
| 141 | June 24, 2017 13:45-15:15 | 50 George Square: G.03 | Crises and Policies in Open Economies | 3 |
| 142 | June 24, 2017 13:45-15:15 | 50 George Square: G.05 | Advances in Dynamic Trade Theory | 3 |
| 143 | June 24, 2017 13:45-15:15 | David Hume Tower: Lecture Theatre C | Macro Perspectives | 3 |
| 144 | June 24, 2017 13:45-15:15 | 50 George Square: G.06 | Heterogeneity in Macroeconomics | 3 |
| 145 | June 24, 2017 13:45-15:15 | 50 George Square: G.04 | Information Frictions in Macroeconomics | 3 |
| 146 | June 24, 2017 13:45-15:15 | David Hume Tower: LG.06 | Monetary Policy, Leverage, and Housing Markets | 3 |
| 147 | June 24, 2017 13:45-15:15 | 50 George Square: G.01 | Trade, Skills, and Occupations | 3 |
| 148 | June 24, 2017 13:45-15:15 | 50 George Square: G.02 | Firm-level Productivity | 3 |
| 149 | June 24, 2017 13:45-15:15 | David Hume Tower: LG.11 | Institutions and Firm Dynamics | 3 |
| 150 | June 24, 2017 13:45-15:15 | David Hume Tower: LG.10 | Frictions and Markets | 3 |
| 151 | June 24, 2017 13:45-15:15 | David Hume Tower: Lecture Theatre B | Bank Panic and Propagation | 3 |
| 152 | June 24, 2017 13:45-15:15 | 50 George Square: 1.06 | Unconventional Monetary Policy | 3 |
| 153 | June 24, 2017 13:45-15:15 | David Hume Tower: LG.08 | Income Risk and Insurance | 3 |
| 154 | June 24, 2017 13:45-15:15 | David Hume Tower: LG.09 | Labor Markets and Business Cycles | 3 |
| 155 | June 24, 2017 15:45-17:15 | 50 George Square: G.01 | Trade Dynamics and Linkages | 3 |
| 156 | June 24, 2017 15:45-17:15 | David Hume Tower: LG.06 | The Rise of Student Debt | 3 |
| 157 | June 24, 2017 15:45-17:15 | David Hume Tower: LG.10 | Macroeconomic Fluctuations | 3 |
| 158 | June 24, 2017 15:45-17:15 | David Hume Tower: Lecture Theatre B | Banking | 3 |
| 159 | June 24, 2017 15:45-17:15 | David Hume Tower: Lecture Theatre C | Labor Force Participation | 3 |
| 160 | June 24, 2017 15:45-17:15 | David Hume Tower: LG.08 | Inequality and Asset Prices | 3 |
| 161 | June 24, 2017 15:45-17:15 | 50 George Square: G.03 | International Prices | 3 |
| 162 | June 24, 2017 15:45-17:15 | David Hume Tower: LG.11 | Innovation in the U.S. Economy | 3 |
| 163 | June 24, 2017 15:45-17:15 | 50 George Square: G.04 | Asset Prices and Information | 3 |
| 164 | June 24, 2017 15:45-17:15 | 50 George Square: 1.06 | Central Bank Communication and Expectations | 3 |
| 165 | June 24, 2017 15:45-17:15 | 50 George Square: G.02 | Structural IO II | 3 |
| 166 | June 24, 2017 15:45-17:15 | David Hume Tower: LG.09 | Business Cycles | 3 |
| 167 | June 24, 2017 15:45-17:15 | 50 George Square: G.06 | Income Inequality | 3 |
| 168 | June 24, 2017 15:45-17:15 | 50 George Square: G.05 | Geography and Labor Markets | 3 |
168 sessions, 503 papers, and 0 presentations with no associated papers |
|---|
Society for Economic Dynamics Annual Meeting 2017 |
|---|
Detailed List of Sessions |
| Session 1: Optimal Fiscal and Monetary Policy with Heterogeneous Agents June 22, 2017 9:00 to 10:30 David Hume Tower: Lecture Theatre B |
|---|
| Evolution of Tax Progressivity in the U.S.: New Estimates and Welfare Implications |
| By Daniel Feenberg; NBER Axelle Ferriere; European University Institute Gaston Navarro; Federal Reserve Board |
| presented by: Axelle Ferriere, European University Institute |
| Optimal Taxation with Private Insurance |
| By Yena Park; University of Rochester Yongsung Chang; University of Rochester / Yonsei Univ. |
| presented by: Yena Park, University of Rochester |
| Optimal Fiscal-Monetary Policy with Redistribution |
| By anmol bhandari; university of minnesota David Evans; University of Oregon Mikhail Golosov; Princeton University Thomas Sargent; New York University |
| presented by: David Evans, University of Oregon |
| Session 2: Firms in Trade June 22, 2017 9:00 to 10:30 50 George Square: G.05 |
| The Origins of Firm Heterogeneity: A Production Network Approach |
| By Andrew Bernard; Dartmouth College Emmanuel Dhyne; National Bank of Belgium Glenn Magerman; Université libre de Bruxelles Kalina Manova; University of Oxford Andreas Moxnes |
| presented by: Andrew Bernard, Dartmouth College |
| Firm-to-Firm Connections and Free Trade Agreements |
| By Andrew Bernard; Dartmouth College Esther Boler; Imperial College Business School Swati Dhingra |
| presented by: Esther Boler, Imperial College Business School |
| Cascading Innovation |
| By Vasco Carvalho; U of Cambridge Mirko Draca; University of Warwick |
| presented by: Vasco Carvalho, U of Cambridge |
| Session 3: Topics in International Macroeconomics June 22, 2017 9:00 to 10:30 David Hume Tower: LG.09 |
| Unpacking Global Capital Flows |
| By Matteo Maggiori; Harvard University Brent Neiman; University of Chicago Jesse Schreger; Harvard Business School |
| presented by: Jesse Schreger, Harvard Business School |
| Pricing in Multiple Currencies in Domestic Markets |
| By Andres Drenik; Columbia University |
| presented by: Andres Drenik, Columbia University |
| Currency Manipulation |
| By Tarek Hassan; University of Chicago Thomas Mertens; Federal Reserve Bank of San Francisco |
| presented by: Thomas Mertens, Federal Reserve Bank of San Francisco |
| Session 4: Financial Markets June 22, 2017 9:00 to 10:30 50 George Square: G.03 |
| Price Informativeness and Price Volatility |
| By Eduardo Davila; New York University Cecilia Parlatore; New York University |
| presented by: Cecilia Parlatore, New York University Stern |
| Finance in a Time of Disruptive Growth |
| By Nicolae Garleanu; University of California-Berkeley Stavros Panageas; Anderson School of Management |
| presented by: Stavros Panageas, Anderson School of Management |
| Leverage Stacks and the Financial System |
| By John Moore; University of Edinburgh |
| presented by: John Moore, University of Edinburgh |
| Session 5: Labor Markets: Cross-Country Evidence June 22, 2017 9:00 to 10:30 David Hume Tower: LG.06 |
| How do Hours Worked Vary with Income? Cross-Country Evidence and Implications |
| By Alexander Bick; Arizona State University Nicola Fuchs-Schündeln; Goethe University Frankfurt David Lagakos; University of California, San Diego |
| presented by: Alexander Bick, Arizona State University |
| Firm Size Distributions and Cross-Country Labor Market Outcomes |
| By Kevin Donovan; University of Notre Dame Jianyu Lu; University of Notre Dame Todd Schoellman; Arizona State University |
| presented by: Jianyu Lu, University of Notre Dame |
| Taxes and Market Hours -- the Role of Gender and Skill |
| By Robert Duval Hernandez; Unversity of Cyprus Lei Fang; Federal Reserve Bank of Atlanta Rachel Ngai; london school of economics |
| presented by: Rachel Ngai, london school of economics |
| Session 6: Business Cycle Dynamics and Informational Frictions June 22, 2017 9:00 to 10:30 50 George Square: G.02 |
| The Cyclical Behavior of Unemployment and Wages under Information Frictions |
| By Camilo Morales-Jimenez; Board of Governors of the Federal Reserve System |
| presented by: Camilo Morales-Jimenez, Board of Governors of the Federal Reserv |
| Firm Dynamics with Subjective Beliefs |
| By Jose Maria Barrero; Stanford University |
| presented by: Jose Maria Barrero, Stanford University |
| Indeterminacy and Imperfect Information |
| By Thomas Lubik; Federal Reserve Bank of Richmond Christian Matthes; Federal Reserve Bank of Richmond Elmar Mertens; Bank of International Settlements |
| presented by: Christian Matthes, Federal Reserve Bank of Richmond |
| Session 7: Innovation June 22, 2017 9:00 to 10:30 David Hume Tower: Lecture Theatre C |
| Technology Network Innovation and Distribution |
| By Jingong Huang; University of Melbourne |
| presented by: Jingong Huang, University of Melbourne |
| A Tax Plan for Endogenous Innovation |
| By Mariano Croce; University of North Carolina at Chapel H Anastasios Karantounias; Federal Reserve Bank of Atlanta Steve Raymond; UNC Lukas Schmid; Duke University |
| presented by: Anastasios Karantounias, Federal Reserve Bank of Atlanta |
| Knowledge Creation and Diffusion with Limited Appropriation |
| By Hugo A. Hopenhayn; University of California Los Angeles Liyan Shi; University of California, Los Angeles |
| presented by: Hugo A. Hopenhayn, University of California Los Angeles |
| Session 8: Geography and Trade June 22, 2017 9:00 to 10:30 50 George Square: G.01 |
| How Firms Accumulate Inputs: Evidence from Import Switching |
| By Dan Lu; the University of Rochester Asier Mariscal; U.Carlos III-Madrid |
| presented by: Asier Mariscal, U.Carlos III-Madrid |
| Geography, Search Frictions and Trade Costs |
| By Giulia Brancaccio; Princeton Myrto Kalouptsidi; Harvard Theodore Papageorgiou; McGill |
| presented by: Theodore Papageorgiou, McGill |
| Trade Liberalization Versus Protectionism: Are the Dynamic Welfare Implications Symmetric? |
| By Ana Maria Santacreu; St. Louis Fed Michael Sposi; Federal Reserve Bank of Dallas |
| presented by: Michael Sposi, Federal Reserve Bank of Dallas |
| Session 9: International Shocks and Firm-Level Volatility June 22, 2017 9:00 to 10:30 David Hume Tower: LG.08 |
| Financial Frictions and Export Dynamics in Large Devaluations |
| By David Kohn; Universidad Catolica de Chile Fernando Leibovici; Federal Reserve Bank of St. Louis Michal Szkup; The University of British Columbia |
| presented by: David Kohn, Universidad Catolica de Chile |
| Revisiting the Exchange Rate Response to Monetary Policy Innovations: The Role of Spillovers of U.S. News Shocks |
| By Vito Cormun; Boston College Pierre De Leo; Boston College |
| presented by: Pierre De Leo, Boston College |
| All Shook Up: International Trade and Firm-level Volatility |
| By CHRISTOPHER Kurz; Board of Governors Mine Senses; Johns Hopkins University Andrei Zlate; Federal Reserve Bank of Boston |
| presented by: Andrei Zlate, Federal Reserve Bank of Boston |
| Session 10: Principal Agent Models June 22, 2017 9:00 to 10:30 50 George Square: G.06 |
| Dynamic Information Acquisition and Home Bias in Portfolios |
| By Rosen Valchev; Boston College |
| presented by: Rosen Valchev, Boston College |
| Disentangling Moral Hazard and Adverse Selection |
| By Hector Chade; Arizona State University |
| presented by: Hector Chade, Arizona State University |
| A Theory of Dynamic Contracting with Financial Constraints |
| By Ilia Krasikov; Penn State University Rohit Lamba; Penn State University |
| presented by: Rohit Lamba, Penn State University |
| Session 11: Interhousehold and Intergenerational Insurance June 22, 2017 9:00 to 10:30 50 George Square: G.04 |
| Unemployment Risks and Intra-Household Insurance |
| By Javier Fernandez-Blanco; Universitat Autonoma de Barcelona and Barcelona GSE |
| presented by: Javier Fernandez-Blanco, Universitat Autonoma de Barcelona and Barcelona GSE |
| Is Marriage for White People? Incarceration and the Racial Marriage Divide |
| By Elizabeth Caucutt; University of Western Ontario Nezih Guner; CEMFI Christopher Rauh; University of Montreal |
| presented by: Christopher Rauh, University of Montreal |
| Sustainable Intergenerational Insurance |
| By Francesco Lancia; University of Vienna Alessia Russo; University of Oslo Tim Worrall; University of Edinburgh |
| presented by: Tim Worrall, University of Edinburgh |
| Session 12: Monetary Policy and Financial Conditions June 22, 2017 9:00 to 10:30 David Hume Tower: LG.10 |
| The Effect of Firm Cash Holdings on Monetary Policy |
| By Bernardino Adao; Banco de Portugal Andre Silva; Universidade Nova de Lisboa |
| presented by: Andre Silva, Universidade Nova de Lisboa |
| Intermediation Markups and Monetary Policy Passthrough |
| By Semyon Malamud; Ecole Polytechnique Federale de Lausanne Andreas Schrimpf; Bank for International Settlements |
| presented by: Semyon Malamud, Ecole Polytechnique Federale de Lausanne |
| The Interplay Between Financial Conditions and Monetary Policy Shocks |
| By Marco Bassetto; Federal Reserve Bank of Chicago Luca Benzoni; Federal Reserve Bank of Chicago Trevor Serrao; Federal Reserve Bank of Chicago |
| presented by: Marco Bassetto, Federal Reserve Bank of Chicago |
| Session 13: Labor Market Policy June 22, 2017 9:00 to 10:30 David Hume Tower: LG.11 |
| Taxation of Temporary Jobs: Good Intentions With Bad Outcomes ? |
| By Helene Benghalem; CREST Franck Malherbet; CREST and Ecole Polytechnique |
| presented by: Helene Benghalem, CREST |
| On the Design of a European Unemployment Insurance Mechanism |
| By Ramon Marimon; European University Institute and UPF - Barcelona GSE |
| presented by: Ramon Marimon, European University Institute and UPF - Barcelona GSE |
| Unemployment Insurance Union |
| By Guillaume Claveres; Universite Paris 1 Pantheon-Sorbonne Marius Clemens; German Institute for Economic Research (DIW Berlin) |
| presented by: Guillaume Claveres, Universite Paris 1 Pantheon-Sorbonne |
| Session 14: Topics in Macroeconomics June 22, 2017 9:00 to 10:30 50 George Square: 1.06 |
| Political Distribution Risk and Business Cycles |
| By Thorsten Drautzburg; Federal Reserve Bank of Philadelphia Jesus Fernandez-Villaverde; University of Pennsylvania Pablo Guerron-Quintana; Boston College |
| presented by: Jesus Fernandez-Villaverde, University of Pennsylvania |
| Counterfactual Equivalence in Macroeconomics |
| By Martin Beraja; MIT and Princeton University |
| presented by: Martin Beraja, MIT and Princeton University |
| Central Bank Information Shocks |
| By Peter Karadi; European Central Bank Marek Jarocinski; European Central Bank |
| presented by: Peter Karadi, European Central Bank |
| Session 15: Frictional Asset Markets June 22, 2017 11:00 to 12:30 50 George Square: G.03 |
| Flight-to-Quality Cycles and the Real Economy |
| By Maryam Farboodi; Princeton University Peter Kondor; London School of Economics |
| presented by: Peter Kondor, London School of Economics |
| Market-Making with Search and Private Information |
| By Benjamin Lester; Federal Reserve Bank of Philadelphia Ali Shourideh; Carnegie Mellon University Venky Venkateswaran; New York University Ariel Zetlin-Jones; Carnegie Mellon University |
| presented by: Benjamin Lester, Federal Reserve Bank of Philadelphia |
| Trading Financial Innovation |
| By Ana Babus; Chicago FED Kinda Hachem; University of Chicago |
| presented by: Ana Babus, Chicago FED |
| Session 16: Monetary Policy I June 22, 2017 11:00 to 12:30 David Hume Tower: Lecture Theatre B |
| Monetary Policy and Asset Valuation |
| By Francesco Bianchi; Duke University |
| presented by: Francesco Bianchi, Duke University |
| Forward Guidance with Bayesian Learning and Estimation |
| By Christopher Gust; Federal Reserve Board Edward Herbst; Federal Reserve Board David Lopez-Salido; Federal Reserve Board |
| presented by: Edward Herbst, Federal Reserve Board |
| The Asymmetric Transmission of China's Monetary Policy |
| By Kaiji Chen; Emory University Tao Zha; Federal Reserve Bank of Atlanta |
| presented by: Kaiji Chen, Emory University |
| Session 17: Topics in Spatial Economics June 22, 2017 11:00 to 12:30 50 George Square: G.05 |
| Evaluating the Economic Cost of Coastal Flooding |
| By Klaus Desmet; Southern Methodist University David Nagy; CREI Esteban Rossi-Hansberg; Princeton University |
| presented by: David Nagy, CREI |
| Endogenous Labor Supply and the Gains from International Trade |
| By Rodrigo Adao; Princeton University Costas Arkolakis; Yale University Federico Esposito; Tufts University |
| presented by: Rodrigo Adao, Princeton University |
| Dynamic Comparative Advantage in International Shipbuilding: The Transition from Wood to Steel |
| By William Hanlon; UCLA |
| presented by: William Hanlon, UCLA |
| Session 18: Household Income Inequality and Marital Sorting June 22, 2017 11:00 to 12:30 David Hume Tower: LG.11 |
| Educational Homogamy and Assortative Mating Have Not Increased |
| By Rania Gihleb; University of Pittsburgh Kevin Lang; Boston University |
| presented by: Rania Gihleb, University of Pittsburgh |
| Marital Sorting versus Stochastic Sorting |
| By Hector Chade; Arizona State University Jan Eeckhout; University College London and Barcelona |
| presented by: Jan Eeckhout, University College London and Barcelona |
| Changes in Labor Market Participation across the Household Income Distribution |
| By Robert Hall; STANFORD UNIVERSITY Nicolas Petrosky-Nadeau; FRB San Francisco |
| presented by: Nicolas Petrosky-Nadeau, FRB San Francisco |
| Session 19: Endogenous Productivity June 22, 2017 11:00 to 12:30 David Hume Tower: Lecture Theatre C |
| Growing Large or Growing old? A New Perspective on the Firm Life Cycle |
| By Costas Arkolakis; Yale University Emmanuel Dhyne; National Bank of Belgium Giuseppe Moscarini; Yale University |
| presented by: Costas Arkolakis, Yale University |
| Technology, Skill and Long Run Growth |
| By Nancy L Stokey; Department of Economics |
| presented by: Nancy L Stokey, Department of Economics |
| The Spatial Diffusion of Knowledge |
| By Treb Allen; Dartmouth College Kamran Bilir; University of Wisconsin - Madison Christopher Tonetti; Stanford GSB |
| presented by: Christopher Tonetti, Stanford GSB |
| Session 20: Frictions in Financial Contracting June 22, 2017 11:00 to 12:30 50 George Square: G.06 |
| The Market for Conflicted Advice |
| By Briana Chang; University of Wisconsin-Madison Martin Szydlowski; University of Minnesota |
| presented by: Martin Szydlowski, University of Minnesota |
| Contracting with Feedback |
| By Bo Sun; Federal Reserve Board |
| presented by: Bo Sun, Federal Reserve Board |
| Optimally Vague Contracts and the Law |
| By Nicola Gennaioli; Bocconi University Giacomo Ponzetto; CREI, U. Pompeu Fabra, IPEG, & Barcelona |
| presented by: Giacomo Ponzetto, CREI, U. Pompeu Fabra, IPEG, & Barcelona |
| Session 21: Real Exchange Rates and Productivity June 22, 2017 11:00 to 12:30 David Hume Tower: LG.09 |
| Recovery from the Great Depression: The Farm Channel in Spring 1933 |
| By Joshua Hausman; University of Michigan Paul Rhode; University of Michigan Johannes Wieland; UCSD |
| presented by: Johannes Wieland, UCSD |
| Importing, Exporting and Aggregate Productivity in Large Devaluations |
| By Joaquin Blaum; Brown University |
| presented by: Joaquin Blaum, Brown University |
| Price and Consumption Responses to Large Exchange Rate Shocks: Evidence from Switzerland |
| [slides] |
| By Raphael Auer; Bank for International Settlements Ariel Burstein; UCLA Sarah Lein; University of Basel |
| presented by: Sarah Lein, University of Basel |
| Session 22: Barriers to International Trade June 22, 2017 11:00 to 12:30 50 George Square: G.01 |
| Goods-Market Frictions and International Trade |
| [slides] |
| By Pawel Krolikowski; Federal Reserve Bank of Cleveland Andrew McCallum; Federal Reserve Board |
| presented by: Pawel Krolikowski, Federal Reserve Bank of Cleveland |
| From Final Goods to Inputs: the Protectionist Effect of Rules of Origin |
| By Paola Conconi; Universite Libre de Bruxelles (ECARES) Manuel García-Santana; UPF Laura Puccio; European University Institute and Université Libre de Bruxelles (ECARES) Roberto Venturini; Compass Lexecon |
| presented by: Manuel García-Santana, UPF |
| Brexit and the Macroeconomic Impact of Trade Policy Uncertainty |
| By Joseph Steinberg; University of Toronto |
| presented by: Joseph Steinberg, University of Toronto |
| Session 23: Trade Shocks and the Macroeconomy June 22, 2017 11:00 to 12:30 David Hume Tower: LG.08 |
| Retail Sales of Durable Goods, Inventories and Imports after Large Devaluations |
| By Valery Charnavoki; New Economic School |
| presented by: Valery Charnavoki, New Economic School |
| Trade in Commodities and Emerging Market Business Cycles |
| By David Kohn; Universidad Catolica de Chile Fernando Leibovici; Federal Reserve Bank of St. Louis Hakon Tretvoll; BI Norwegian Business School |
| presented by: Fernando Leibovici, Federal Reserve Bank of St. Louis |
| Welfare Costs of Oil Shocks |
| By Steffen Hitzemann; The Ohio State University Amir Yaron; University of Pennsylvania |
| presented by: Steffen Hitzemann, The Ohio State University |
| Session 24: Institutions and Labor Markets June 22, 2017 11:00 to 12:30 David Hume Tower: LG.06 |
| Skill Remoteness and Post-layoff Labor Market Outcomes |
| [slides] |
| By Claudia Macaluso; University of Chicago |
| presented by: Claudia Macaluso, University of Chicago |
| Turbulence and Unemployment in Matching Models |
| By Isaac Baley; Universitat Pompeu Fabra & Barcelona GSE Lars Ljungqvist; Stockholm School of Economics Thomas Sargent; New York University |
| presented by: Isaac Baley, Universitat Pompeu Fabra & Barcelona GSE |
| Minimum Wages and Hours of Work |
| By Ross Doppelt; Penn State |
| presented by: Ross Doppelt, Penn State |
| Session 25: Monetary Policy IV June 22, 2017 11:00 to 12:30 David Hume Tower: LG.10 |
| The Dire Effects of the Lack of Monetary and Fiscal Coordination |
| By Francesco Bianchi; Duke University Leonardo Melosi; Federal Reserve Bank of Chicago |
| presented by: Leonardo Melosi, Federal Reserve Bank of Chicago |
| Risk Shocks Close to the Zero Lower Bound |
| By Martin Seneca; Bank of England |
| presented by: Martin Seneca, Bank of England |
| The Side Effects of Safe Asset Creation |
| By Sushant Acharya; Federal Reserve Bank of New York Keshav Dogra; Federal Reserve Bank of New York |
| presented by: Keshav Dogra, Federal Reserve Bank of New York |
| Session 26: Household Finance June 22, 2017 11:00 to 12:30 50 George Square: G.04 |
| MPC Heterogeneity and Household Balance Sheets |
| By Andreas Fagereng; Statistics Norway Martin Holm; BI Norwegian Business School Gisle Natvik; BI Norwegian Business School |
| presented by: Andreas Fagereng, Statistics Norway |
| Credit Risk without Commitment |
| By Juan Hatchondo; Indiana University Leonardo Martinez; International Monetary Fund |
| presented by: Leonardo Martinez, International Monetary Fund |
| Fiscal Multipliers and Financial Crises |
| By Miguel Faria-e-Castro; New York University |
| presented by: Miguel Faria-e-Castro, New York University |
| Session 27: Macroeconomic Theory June 22, 2017 11:00 to 12:30 50 George Square: 1.06 |
| Occupational Hazards and Social Disability Insurance |
| By Amanda Michaud; Indiana University David Wiczer; FRB St. Louis |
| presented by: Amanda Michaud, Indiana University |
| Adverse Selection, Risk Sharing and Business Cycles |
| By Marcelo Veracierto; Federal Reserve Bank of Chicago |
| presented by: Marcelo Veracierto, Federal Reserve Bank of Chicago |
| Regressive Subsidy to EHI and Entrepreneurial Talent Allocation |
| By Zhigang Feng; University of Nebraska Anne Villamil; University of Iowa |
| presented by: Zhigang Feng, University of Nebraska |
| Session 28: Estimation and Forecasting June 22, 2017 11:00 to 12:30 50 George Square: G.02 |
| Vulnerable Growth |
| By Tobias Adrian; Federal Reserve Bank of New York Nina Boyarchenko; Federal Reserve Bank of New York Domenico Giannone; Federal Reserve Bank of New York |
| presented by: Nina Boyarchenko, Federal Reserve Bank of New York |
| Labor Hiring, Aggregate Dividends, and Return Predictability in the Time Series |
| By Frederico Belo; University of Minnesota and NBER Andres Donangelo; University of Texas Xiaoji Lin; Ohio State University Ding Luo; University of Minnesota, Twin Cities |
| presented by: Ding Luo, University of Minnesota |
| Identification through Heterogeneity |
| By Pooyan Amir-Ahmadi; University of Illinois at Urbana-Champaign Thorsten Drautzburg; Federal Reserve Bank of Philadelphia |
| presented by: Pooyan Amir-Ahmadi, University of Illinois at Urbana-Champaign |
| Session 29: Trade Migration and Scale Effects (Quantification and Estimation) June 22, 2017 13:45 to 15:15 50 George Square: G.05 |
| Trade and Migration: A Quantitative Assessment |
| By Lorenzo Caliendo; Yale University Luca David Opromolla; Banco de Portugal Fernando Parro; Johns Hopkins University Alessandro Sforza; LSE |
| presented by: Fernando Parro, Johns Hopkins University |
| The Gravity of Unit Prices |
| By Jonathan Eaton; Pennsylvania State University Ana Cecilia Fieler; University of Pennsylvania |
| presented by: Ana Cecilia Fieler, University of Pennsylvania |
| Sector-Level Economies of Scale: Estimation Using Trade Data |
| By Dominick Bartelme; University of Michigan Arnaud Costinot; MIT Dave Donaldson; Stanford University Andres Rodriguez-Clare; UC Berkeley |
| presented by: Andres Rodriguez-Clare, UC Berkeley |
| Session 30: Discount Rates and Macroeconomics June 22, 2017 13:45 to 15:15 50 George Square: G.03 |
| A Theory of Discount Rates |
| By Francois Geerolf; University of California, Los Angeles |
| presented by: Francois Geerolf, University of California, Los Angeles |
| Discount Rates and Employment Fluctuations |
| By Jaroslav Borovicka; New York University Katarina Borovickova; New York University |
| presented by: Jaroslav Borovicka, New York University |
| Nominal Exchange Rate Stationarity and Long-Term Bond Returns |
| By Hanno Lustig; Stanford University Andreas Stathopoulos; University of Washington Adrien Verdelhan; Massachusetts Institute of Technology |
| presented by: Hanno Lustig, Stanford University |
| Session 31: Housing and the Macroeconomy June 22, 2017 13:45 to 15:15 50 George Square: G.04 |
| Financial Fragility with SAM? |
| By Daniel Greenwald; MIT Tim Landvoigt; University of Texas at Austin Stijn Van Nieuwerburgh; New York University |
| presented by: Daniel Greenwald, MIT |
| Out-of-town Home Buyers and City Welfare |
| By Jack Favilukis; University of British Columbia Stijn Van Nieuwerburgh; New York University |
| presented by: Stijn Van Nieuwerburgh, New York University |
| The Long View of Housing Wealth Effects |
| [slides] |
| By Adam Guren; Boston University Alisdair McKay; Boston University Emi Nakamura; Columbia University Jon Steinsson; Columbia University |
| presented by: Adam Guren, Boston University |
| Session 32: Income Distribution and Monetary Policy June 22, 2017 13:45 to 15:15 David Hume Tower: Lecture Theatre B |
| The Intertemporal Keynesian Cross |
| By Adrien Auclert; Stanford Matthew Rognlie; Princeton University Ludwig Straub; MIT |
| presented by: Matthew Rognlie, Princeton University |
| Macroeconomic Fluctuations with HANK & SAM: an Analytical Approach |
| By Morten Ravn; University College London Vincent Sterk; University College London |
| presented by: Morten Ravn, University College London |
| Secular Stagnation and Inequality |
| By Neil Mehrotra; Brown University Gauti Eggertsson; Brown University |
| presented by: Neil Mehrotra, Brown University |
| Session 33: Structural Change I June 22, 2017 13:45 to 15:15 David Hume Tower: Lecture Theatre C |
| Geography and Agricultural Productivity: Cross-Country Evidence from Micro Plot-Level Data |
| By Tasso Adamopoulos; York University Diego Restuccia; University of Toronto |
| presented by: Diego Restuccia, University of Toronto |
| Technology Adoption, Capital Deepening, and International Productivity Differences |
| [slides] |
| By Chaoran Chen; University of Toronto |
| presented by: Chaoran Chen, University of Toronto |
| Structural Change and Slowdown of International Trade |
| By Logan Lewis; Federal Reserve Board of Governors Ryan Monarch; Federal Reserve Board Jing Zhang; Federal Reserve Bank of Chicago |
| presented by: Logan Lewis, Federal Reserve Board of Governors |
| Session 34: Asset Liquidity and Optimal Policy June 22, 2017 13:45 to 15:15 David Hume Tower: LG.10 |
| Lending Relationships, Banking Crises and Optimal Monetary Policies |
| By Guillaume Rocheteau; University of California, Irvine Russell Wong; Federal Reserve Bank of Richmond Cathy Zhang; Purdue University |
| presented by: Russell Wong, Federal Reserve Bank of Richmond |
| When Ramsey Searches for Liquidity |
| By Wei Cui; University College London |
| presented by: Wei Cui, University College London |
| (In)efficiency and Intervention in Over-The-Counter Markets |
| By Zachary Bethune; University of Virginia Bruno Sultanum; Federal Reserve Bank of Richmond Nicholas Trachter; Federal Reserve Bank of Richmond |
| presented by: Nicholas Trachter, Federal Reserve Bank of Richmond |
| Session 35: Declining U.S. Firm Creation June 22, 2017 13:45 to 15:15 50 George Square: G.06 |
| Older and Slower: The Startup Deficit's Lasting Effects on Aggregate Productivity Growth |
| [slides] |
| By Titan Alon David Berger; Northwestern University Robert Dent; University of Virginia Benjamin Pugsley; Federal Reserve Bank of NY |
| presented by: Benjamin Pugsley, Federal Reserve Bank of NY |
| Declining Dynamism at the Establishment Level |
| By Russell Cooper; Penn State University John Haltiwanger; University of Maryland Jonathan Willis; Federal Reserve Bank of Kansas City |
| presented by: Jonathan Willis, Federal Reserve Bank of Kansas City |
| Firm Demographics and the Great Recession |
| By Gian Luca Clementi; Stern School of Business Berardino Palazzo; Boston University, Questrom School of ma Peifan Wu; Stern School of Business |
| presented by: Gian Luca Clementi, Stern School of Business |
| Session 36: Gender and Labor Market Outcomes June 22, 2017 13:45 to 15:15 David Hume Tower: LG.11 |
| Job Search and the Gender Wage Gap |
| By Jason Faberman; Federal Reserve Bank of Chicago Andreas Mueller; Columbia University Aysegul Sahin; Federal Reserve Bank of New York Giorgio Topa; Federal Reserve Bank of New York |
| presented by: Jason Faberman, Federal Reserve Bank of Chicago |
| The Aggregate Implications of Gender and Marriage |
| By Margherita Borella; Unversity of Torino Mariacristina De Nardi; UCL, Federal Reserve Bank of Chicago, CE Fang Yang; Louisiana State University |
| presented by: Fang Yang, Louisiana State University |
| French Fertility and Education Transition: Rational Choice vs. Cultural Diffusion |
| By David de la Croix; Université catholique Louvain Faustine Perrin; Lund University |
| presented by: David de la Croix, Université catholique Louvain |
| Session 37: Health, Savings, and Consumption June 22, 2017 13:45 to 15:15 50 George Square: 1.06 |
| The Lifetime Costs of Bad Health |
| By Mariacristina De Nardi; Federal Reserve Bank of Chicago Svetlana Pashchenko; University of Georgia Ponpoje (Poe) Porapakkarm; National Graduate Institute for Policy Studies (GRIPS,Tokyo) |
| presented by: Mariacristina De Nardi, Federal Reserve Bank of Chicago |
| Health, Retirement and Consumption |
| By Bent Jesper Christensen; Aarhus University Malene Kallestrup-Lamb; University of Aarhus John Kennan; University of Wisconsin Madison |
| presented by: John Kennan, University of Wisconsin Madison |
| Reforming Medicaid Long Term Care Insurance |
| By Elena Capatina; UNSW Business School Gary Hansen; UCLA Minchung Hsu; National Graduate Institute for Policy Studies |
| presented by: Gary Hansen, UCLA |
| Session 38: Social Insurance June 22, 2017 13:45 to 15:15 David Hume Tower: LG.06 |
| Local Market Equilibrium and the Design of Public Health Insurance System |
| By Naoki Aizawa; University of Minnesota Chao Fu; University of Wisconsin - Madison |
| presented by: Naoki Aizawa, University of Minnesota |
| Pensions, Retirement, and the Disutility of Labor: Bunching in Brazil |
| By Benjamin Thompson; University of Michigan |
| presented by: Benjamin Thompson, University of Michigan |
| The Disability Option: Labor Market Dynamics with Macroeconomic and Health Risks |
| [slides] |
| By Amanda Michaud; Indiana University David Wiczer; FRB St. Louis |
| presented by: David Wiczer, FRB St. Louis |
| Session 39: Fiscal Policy in the Open Economy June 22, 2017 13:45 to 15:15 David Hume Tower: LG.09 |
| Sources of Borrowing and Fiscal Multipliers |
| By Romanos Priftis; European Commission Srecko Zimic; European Central Bank |
| presented by: Romanos Priftis, European Commission |
| Fiscal Policy, Sovereign Risk, and Unemployment |
| By Javier Bianchi; Federal Reserve Bank of Minneapolis Pablo Ottonello; University of Michigan Ignacio Presno; Federal Reserve Board |
| presented by: Javier Bianchi, Federal Reserve Bank of Minneapolis |
| Optimal Domestic Taxation and Sovereign Lending |
| By Pricila Maziero; University of Pennsylvania |
| presented by: Pricila Maziero, University of Pennsylvania |
| Session 40: Empirical Asset Pricing June 22, 2017 13:45 to 15:15 50 George Square: G.02 |
| The Cross Section of Bank Value |
| By Mark Egan; University of Minnesota Carlson School Stefan Lewellen; London Business School Adi Sunderam; Harvard Business School |
| presented by: Stefan Lewellen, London Business School |
| Asset Collateralizability and the Cross-Section of Expected Returns |
| By Hengjie Ai; University of Minnesota Jun Li; Goethe University Frankfurt Kai Li; HKUST Christian Schlag; Goethe University |
| presented by: Jun Li, Goethe University Frankfurt |
| Dynamic Financial Constraints: Which Frictions Matter for Corporate Policies? |
| By Boris Nikolov; University of Lausanne and Swiss Finance Institute Lukas Schmid; Duke University Roberto Steri; University of Lausanne - Swiss Finance Institute |
| presented by: Boris Nikolov, University of Lausanne and Swiss Finance Institute |
| Session 41: Fiscal Policy June 22, 2017 13:45 to 15:15 David Hume Tower: LG.08 |
| Fiscal Stabilization and the Credibility of the U.S. Budget Sequestration Spending Austerity |
| By Ruiyang Hu; Southern Methodist University Carlos Zarazaga; Federal Reserve Bank of Dallas |
| presented by: Carlos Zarazaga, Federal Reserve Bank of Dallas |
| Replacing Income Taxation with Consumption Taxation in Japan |
| By Gary Hansen; UCLA Selahattin Imrohoroglu; University of Southern California |
| presented by: Selahattin Imrohoroglu, University of Southern California |
| Expectations, Stagnation and Fiscal Policy |
| By George Evans; University of Oregon Seppo Honkapohja; Bank of Finland Kaushik Mitra; University of Birmingham |
| presented by: George Evans, University of Oregon |
| Session 42: Topics in Trade and Investment June 22, 2017 13:45 to 15:15 50 George Square: G.01 |
| Twin Peaks |
| By Fabrice Defever; City University of London and CEP Alejandro Riaño; University of Nottingham |
| presented by: Fabrice Defever, City University of London and CEP |
| Trade, Reform, and Structural Transformation in South Korea |
| By Caroline Betts; University of Southern California Rahul Giri; International Monetary Fund Rubina Verma; Instituto Tecnologico Autonomo de Mexico (ITAM) |
| presented by: Caroline Betts, University of Southern California |
| Trade, Technological Change, and Wage Inequality:The Case of Mexico |
| By Andrea Waddle; University of Richmond |
| presented by: Andrea Waddle, University of Richmond |
| Session 43: Pricing Volatility Shocks June 22, 2017 15:45 to 17:15 50 George Square: G.03 |
| What Is the Expected Return on a Stock? |
| By Ian Martin; London School of Economics Christian Wagner; Copenhagen Business School |
| presented by: Christian Wagner, Copenhagen Business School |
| Global Variance Term Premia and Intermediary Risk Appetite |
| By Peter Van Tassel; Federal Reserve Bank of New York |
| presented by: Peter Van Tassel, Federal Reserve Bank of New York |
| The Term Structure of the Price of Variance Risk |
| By Marianne Andries; Toulouse School of Economics Thomas Eisenbach; Federal Reserve Bank of New York Martin Schmalz; University of Michigan Yichuan Wang; University of Michigan |
| presented by: Thomas Eisenbach, Federal Reserve Bank of New York |
| Session 44: Policy, Prices, and Aggregate Demand June 22, 2017 15:45 to 17:15 50 George Square: 1.06 |
| Stimulating Durable Spending: Theory and Evidence |
| By David Berger; Northwestern University Tom Cui; Chicago Booth Eric Zwick; University of Chicago |
| presented by: David Berger, Northwestern University |
| Regional Heterogeneity and Monetary Policy |
| By Martin Beraja; MIT and Princeton University Andreas Fuster; Federal Reserve Bank of New York Erik Hurst; University of Chicago Joseph Vavra; University of Chicago |
| presented by: Joseph Vavra, University of Chicago |
| Speculative Dynamics of Prices and Volume |
| By Anthony DeFusco; Northwestern University Charles Nathanson; Northwestern University Eric Zwick; University of Chicago |
| presented by: Eric Zwick, University of Chicago |
| Session 45: Credit and the Macroeconomy June 22, 2017 15:45 to 17:15 David Hume Tower: LG.10 |
| Bank Capital Redux: Solvency, Liquidity, and Crisis |
| By Oscar Jorda; Federal Reserve Bank of San Francisco an Bjorn Richter; University of Bonn Moritz Schularick; University of Bonn Alan Taylor; Department of Economics & Graduate School of Management |
| presented by: Oscar Jorda, Federal Reserve Bank of San Francisco an |
| Household Debt and Business Cycles Worldwide |
| By Atif Mian; Princeton University Amir Sufi; University of Chicago Emil Verner; Princeton University |
| presented by: Emil Verner, Princeton University |
| Debt Service: The Painful Legacy of Credit Booms |
| By Mathias Drehmann; Bank for International Settlements Mikael Juselius; Bank of FInland Anton Korinek; Johns Hopkins University |
| presented by: Mikael Juselius, Bank of FInland |
| Session 46: Reassessing Misallocation June 22, 2017 15:45 to 17:15 David Hume Tower: Lecture Theatre C |
| Misallocation or Mismeasurement? |
| By Mark Bils; U. of Rochester |
| presented by: Mark Bils, U. of Rochester |
| Heterogeneity, Measurement and Misallocation in African Agriculture |
| [slides] |
| By Douglas Gollin; University of Oxford Christopher Udry; Yale University |
| presented by: Christopher Udry, Yale University |
| Misallocation in the Market for Inputs |
| By Johannes Boehm; Sciences Po Ezra Oberfield; Princeton University |
| presented by: Ezra Oberfield, Princeton University |
| Session 47: Knowledge, Innovation, and Trade June 22, 2017 15:45 to 17:15 50 George Square: G.05 |
| The Aggregate Implications of Innovative Investment in the Garcia-Macia, Hsieh, and Klenow Model |
| By Ariel Burstein; UCLA |
| presented by: Ariel Burstein, UCLA |
| Firms and Shocks: Evidence from France |
| By Natalia Ramondo; UCSD |
| presented by: Natalia Ramondo, UCSD |
| Knowledge Diffusion and Trade across Countries and Sectors |
| By Ana Maria Santacreu; St. Louis Fed Jie Cai; Shanghai University of Finance and Economics Nan Li; International Monetary Fund |
| presented by: Ana Maria Santacreu, St. Louis Fed |
| Session 48: Firm Dynamics and Aggregate Outcomes June 22, 2017 15:45 to 17:15 50 George Square: G.06 |
| Growing Productivity without Growing Wages: The Micro-Level Anatomy of the Aggregate Labor Share Decline |
| [slides] |
| By Matthias Kehrig; Duke University Nicolas Vincent; HEC Montreal |
| presented by: Matthias Kehrig, Duke University |
| The Nature of Firm Growth |
| [slides] |
| By Vincent Sterk; University College London Petr Sedlacek; Bonn University Benjamin Pugsley; Federal Reserve Bank of NY |
| presented by: Vincent Sterk, University College London |
| IO in I-O: Competition and Volatility in Input-Output Networks |
| By Basile Grassi; University of Oxford |
| presented by: Basile Grassi, University of Oxford |
| Session 49: Search and Matching in the Labor and Marriage Market June 22, 2017 15:45 to 17:15 David Hume Tower: LG.11 |
| Competitive or Random Search? |
| By Rasmus Lentz; University of Wisconsin Madison Espen R Moen; Norwegian Business School |
| presented by: Espen R Moen, Norwegian Business School |
| Occupational Choice and Matching in the Labor Market |
| [slides] |
| By Eric Mak; Shanghai University of Finance and Economics Aloysius Siow; University of Toronto |
| presented by: Aloysius Siow, University of Toronto |
| Targeted Search in Matching Markets |
| By Anton Cheremukhin; Federal Reserve Bank of Dallas Paulina Restrepo-Echavarria; Federal Reserve Bank of St Louis Antonella Tutino; Federal Reserve Bank of Dallas |
| presented by: Paulina Restrepo-Echavarria, Federal Reserve Bank of St Louis |
| Session 50: Monetary Policy in Open Economies June 22, 2017 15:45 to 17:15 David Hume Tower: LG.09 |
| Dealing with Time-inconsistency: Inflation Targeting vs. Exchange Rate Targeting |
| By Scott Davis; Federal Reserve Bank of Dallas Ippei Fujiwara; Keio University / ANU |
| presented by: Scott Davis, Federal Reserve Bank of Dallas |
| Optimal Reserve Management at the Zero Lower Bound |
| By Manuel Amador; University of Minnesota and Federal Reserve Bank of Minneapolis Javier Bianchi; Federal Reserve Bank of Minneapolis Luigi Bocola; Northwestern University Fabrizio Perri; Federal Reserve Bank of Minneapolis |
| presented by: Manuel Amador, University of Minnesota and Federal Rese |
| Optimal Monetary Policy and Portfolio Choice |
| By Sebastian Fanelli; MIT |
| presented by: Sebastian Fanelli, MIT |
| Session 51: Macroeconomic Models with Labor Frictions June 22, 2017 15:45 to 17:15 50 George Square: G.02 |
| Estimating Equilibrium Effects of Job Search Assistance |
| By Pieter Gautier; VU University Amsterdam |
| presented by: Pieter Gautier, VU University Amsterdam |
| Crime and the Minimum Wage |
| By Christine Braun; University of California Santa Barbara |
| presented by: Christine Braun, University of California Santa Barbara |
| The Hiring Frictions and Price Frictions Nexus in Business Cycles Models |
| By Renato Faccini; Queen Mary Eran Yashiv; Tel Aviv University |
| presented by: Renato Faccini, Queen Mary |
| Session 52: Monetary Policy II June 22, 2017 15:45 to 17:15 David Hume Tower: Lecture Theatre B |
| Monetary Normalizations and Consumer Credit: Evidence from Fed Liftoff and Online Lending |
| By Isaiah Hull; Sveriges Riksbank Christoph Bertsch; Sveriges Riksbank Xin Zhang; Sveriges Riksbank |
| presented by: Isaiah Hull, Sveriges Riksbank |
| Monetary Policy, Heterogeneity, and the Housing Channel |
| By Aaron Hedlund; University of Missouri Fatih Karahan; Federal Reserve Bank of New York Kurt Mitman; Stockholm University Serdar Ozkan; University of Toronto |
| presented by: Fatih Karahan, Federal Reserve Bank of New York |
| Extreme Events and Optimal Monetary Policy |
| By Jinill Kim; Korea University Francisco Ruge-Murcia; McGill University |
| presented by: Jinill Kim, Korea University |
| Session 53: Sticky Prices and Monetary Non-neutrality June 22, 2017 15:45 to 17:15 David Hume Tower: LG.06 |
| A Kinked-Demand Theory of Price Rigidity |
| By Stephane Dupraz; Columbia University |
| presented by: Stephane Dupraz, Columbia University |
| Cost of Inflation in Inventory Theoretical Models |
| By Fernando Alvarez; University of Chicago Francesco Lippi; Einaudi Institute (EIEF) Roberto Robatto; University of Wisconsin-Madison |
| presented by: Roberto Robatto, University of Wisconsin-Madison |
| Pricing in a Frictional Product Market |
| By Leena Rudanko; Federal Reserve Bank of Philadelphia |
| presented by: Leena Rudanko, Federal Reserve Bank of Philadelphia |
| Session 54: Household Debt Sustainability June 22, 2017 15:45 to 17:15 50 George Square: G.04 |
| Liquidity Constraints in the U.S. Housing Market |
| By Denis Gorea; Bank of Canada Virgiliu Midrigan; New York University |
| presented by: Virgiliu Midrigan, New York University |
| Consumer Bankruptcy and Mortgage Default |
| By Wenli Li; Federal Reserve Bank of Philadelphia Costas Meghir; Yale University Florian Oswald; Sciences Po |
| presented by: Florian Oswald, Sciences Po |
| Identifying "Default Thresholds" in Consumer Liabilities Using High Frequency Data |
| By Carlos Garriga; Federal Reserve Bank of St. Louis Don Schlagenhauf; Federal Reserve Bank of St Louis |
| presented by: Don Schlagenhauf, Federal Reserve Bank of St Louis |
| Session 55: Carbon and the Economy June 22, 2017 15:45 to 17:15 50 George Square: G.01 |
| Climate Change Around the World |
| [slides] |
| By Per Krusell; Stockholm University Anthony Smith; Yale University |
| presented by: Anthony Smith, Yale University |
| The Carbon Bubble: Climate Policy in a Fire-sale Model of Deleveraging |
| By David Comerford; University of Strathclyde Alessandro Spiganti; University of Edinburgh |
| presented by: Alessandro Spiganti, University of Edinburgh |
| Accounting for Energy Intensity Across Countries: Composition, Prices and Technology |
| [slides] |
| By Marina Mendes Tavares; ITAM and IMF Adrian Peralta-Alva; International Monetary Fund Xican Xi; International Monetary Fund and Fudan University |
| presented by: Marina Mendes Tavares, ITAM and IMF |
| Session 56: Optimal Policy in Liquidity Traps June 22, 2017 15:45 to 17:15 David Hume Tower: LG.08 |
| Aggregate Demand Externalities in a Global Liquidity Trap |
| By Luca Fornaro; CREI and Universitat Pompeu Fabra |
| presented by: Luca Fornaro, CREI and Universitat Pompeu Fabra |
| Optimal Debt Management in a Liquidity Trap |
| By Hafedh Bouakez; HEC Montreal Rigas Oikonomou; Université Catholique de Louvain Romanos Priftis; European Commission |
| presented by: Hafedh Bouakez, HEC Montreal |
| Quantitative Easing in Joseph's Egypt with Keynesian Producers |
| By Jeffrey Campbell; Federal Reserve Bank of Chicago |
| presented by: Jeffrey Campbell, Federal Reserve Bank of Chicago |
| Session 57: Firms and the Macroeconomy June 23, 2017 9:00 to 10:30 David Hume Tower: LG.09 |
| Default Risk and Aggregate Fluctuations in an Economy with Production Heterogeneity |
| By Aubhik Khan; Ohio State University Tatsuro Senga; Queen Mary University of London Julia Thomas; Ohio State University |
| presented by: Julia Thomas, Ohio State University |
| Slow Convergence in Economies with Organization Capital |
| By Erzo Luttmer; University of Minnesota |
| presented by: Erzo Luttmer, University of Minnesota |
| Innovation and Trade Policy in a Globalizing World |
| By Ufuk Akcigit; University of Chicago |
| presented by: Ufuk Akcigit, University of Chicago |
| Session 58: Information Asymmetries in Macro-finance June 23, 2017 9:00 to 10:30 David Hume Tower: Lecture Theatre B |
| The Social Value of Financial Expertise |
| By Pablo Kurlat; Stanford University |
| presented by: Pablo Kurlat, Stanford University |
| Sentiment, Liquidity and Asset Prices |
| By Vladimir Asriyan; CREi, UPF, and Barcelona GSE William Fuchs; University of California, Berkeley Brett Green; UC Berkeley--Haas School of Business |
| presented by: William Fuchs, University of California, Berkeley |
| The Two Faces of Information |
| By Gaetano Gaballo; European Central Bank Guillermo Ordonez; University of Pennsylvania |
| presented by: Guillermo Ordonez, University of Pennsylvania |
| Session 59: Asset Pricing and Macroeconomics June 23, 2017 9:00 to 10:30 50 George Square: G.06 |
| Risk, Unemployment, and the Stock Market: A Rare-Event-Based Explanation of Labor Market Volatility |
| By Mete Kilic; The Wharton School, University of Pennsylvania Jessica Wachter; University of Pennsylvania |
| presented by: Mete Kilic, The Wharton School, University of Pennsylvania |
| Uncertainty Shocks as Second-Moment News Shocks |
| By David Berger; Northwestern University Ian Dew-Becker; Northwestern University Stefano Giglio; University of Chicago |
| presented by: Stefano Giglio, University of Chicago |
| Accounting for Medium-run Macro-finance Trends |
| By Emmanuel Farhi; Harvard University Francois Gourio; Federal Reserve Bank of Chicago |
| presented by: Francois Gourio, Federal Reserve Bank of Chicago |
| Session 60: Firm Heterogeneity and Monetary Policy June 23, 2017 9:00 to 10:30 David Hume Tower: Lecture Theatre C |
| Real Effects of Financial Distress: The Role of Heterogeneity |
| By Francisco Buera; Federal Reserve Bank of Chicago Sudipto Karmakar; Banco de Portugal |
| presented by: Francisco Buera, Federal Reserve Bank of Chicago |
| Market Structure and Monetary Non-Neutrality |
| By Simon Mongey; NYU |
| presented by: Simon Mongey, NYU |
| Financial Heterogeneity and the Investment Channel of Monetary Policy |
| By Pablo Ottonello; University of Michigan Thomas Winberry; University of Chicago |
| presented by: Thomas Winberry, University of Chicago |
| Session 61: How Consumption Responds to Shocks: New Perspectives June 23, 2017 9:00 to 10:30 50 George Square: G.03 |
| When Inequality Matters for Macro and Macro Matters for Inequality |
| By Greg Kaplan; University of Chicago Benjamin Moll; Princeton Thomas Winberry; University of Chicago |
| presented by: Greg Kaplan, University of Chicago |
| The Effect of the Recovery Act on Consumer Spending |
| By Marios Karabarbounis; Federal Reserve Bank of Richmond Bill Dupor; Federal Reserve Bank of St. Louis Marianna Kudlyak; Federal Reserve Bank of San Francisco M. Saif Mehkari; University of Richmond |
| presented by: Marios Karabarbounis, Federal Reserve Bank of Richmond |
| Mortgages and Heterogeneity in the Transmission of Monetary Policy |
| By Alejandro Justiniano; Federal Reerve Chicago Aaron Kirkman; Northwestern University Arlene Wong; Federal Reserve Bank of Minneapolis |
| presented by: Alejandro Justiniano, Federal Reerve Chicago |
| Session 62: Technical Advances in Optimal Taxation June 23, 2017 9:00 to 10:30 50 George Square: G.05 |
| Inverse Optimal Taxation in Closed Form |
| By Jonathan Heathcote; Federal Reserve Bank of Minneapolis Hitoshi Tsujiyama; Goethe University Frankfurt |
| presented by: Jonathan Heathcote, Federal Reserve Bank of Minneapolis |
| Quantifying the Welfare Gains from History Dependent Income Taxation |
| By Marek Kapicka; UCSB |
| presented by: Marek Kapicka, UCSB |
| Optimal Contracts with Reflection |
| By Borys Grochulski; Federal Reserve Bank of Richmond Yuzhe Zhang; Texas A&M University |
| presented by: Borys Grochulski, Federal Reserve Bank of Richmond |
| Session 63: International Business Cycle Transmission June 23, 2017 9:00 to 10:30 David Hume Tower: LG.08 |
| What's News in International Business Cycles |
| By Daniele Siena; Banque de France |
| presented by: Daniele Siena, Banque de France |
| TFP, News and "Sentiments:" The International Transmission of Business Cycles |
| By Andrei Levchenko; University of Michigan Nitya Pandalai Nayar; Princeton University and UT Austin |
| presented by: Nitya Pandalai Nayar, Princeton University and UT Austin |
| Inquiry on the Transmission of U.S. Aggregate Shocks to Mexico: A SVAR Approach |
| By Julio Carrillo; Banco de Mexico |
| presented by: Julio Carrillo, Banco de Mexico |
| Session 64: Applied Micro: Development June 23, 2017 9:00 to 10:30 50 George Square: G.02 |
| Uncertainty in education: The role of communities and social learning |
| By ANA FIGUEIREDO; Universitat Pompeu Fabra |
| presented by: ANA FIGUEIREDO, Universitat Pompeu Fabra |
| Informality in Indian Manufacturing |
| By Rahul Giri; International Monetary Fund Rubina Verma; Instituto Tecnologico Autonomo de Mexico (ITAM) |
| presented by: Rubina Verma, Instituto Tecnologico Autonomo de Mexico (ITAM) |
| Eliminating Uncertainty in Market Access: The Impact of New Bridges in Rural Nicaragua |
| By Wyatt Brooks; University of Notre Dame Kevin Donovan; University of Notre Dame |
| presented by: Kevin Donovan, University of Notre Dame |
| Session 65: International Macroeconomics II June 23, 2017 9:00 to 10:30 David Hume Tower: LG.06 |
| Estimating Macroeconomic Models of Financial Crises: An Endogenous Regime Switching Approach |
| By Gianluca Benigno Andrew Foerster; Federal Reserve Bank of Kansas City Christopher Otrok; University of Missouri Alessandro Rebucci; The Johns Hopkins Carey Business School |
| presented by: Alessandro Rebucci, The Johns Hopkins Carey Business School |
| The International Credit Channel of U.S. Monetary Policy and Financial Shocks |
| By Ambrogio Cesa-Bianchi; Bank of England Andrej Sokol; Bank of England |
| presented by: Andrej Sokol, Bank of England |
| An Equilibrium Theory of Determinate Nominal Exchange Rates, Current Accounts and Asset Flows |
| By Marcus Hagedorn; University of Oslo |
| presented by: Marcus Hagedorn, University of Oslo |
| Session 66: Industry Dynamics June 23, 2017 9:00 to 10:30 David Hume Tower: LG.11 |
| The Age-Distribution of Earnings and the Decline in Labor's Share |
| By Andrew Glover; University of Texas Austin Jacob Short; University of Western Ontario |
| presented by: Jacob Short, University of Western Ontario |
| Waxing Jobs and Waning Industries |
| By Sangmin Aum; Washington University in St.Louis Sang Yoon (Tim) Lee; Toulouse School of Economics Yongseok Shin; Washington University in St. Louis |
| presented by: Yongseok Shin, Washington University in St. Louis |
| Firm Size, Concentration And The Labor Share |
| By Lijun Zhu; Washington University in St. Louis |
| presented by: Lijun Zhu, Washington University in St. Louis |
| Session 67: Reconsidering Trade Models and Data June 23, 2017 9:00 to 10:30 50 George Square: G.04 |
| Quantitative Trade Models: Developments and Challenges |
| By Timothy Kehoe; University of Minnesota Pau Pujolas; McMaster University Jack Rossbach; Georgetown University Qatar |
| presented by: Timothy Kehoe, University of Minnesota |
| Robust Determinants of Bilateral Trade |
| By Marianne Baxter; Boston University |
| presented by: Marianne Baxter, Boston University |
| Combinatorial Discrete Choice |
| By Costas Arkolakis; Yale University Fabian Eckert; Yale University |
| presented by: Fabian Eckert, Yale University |
| Session 68: Price Dynamics June 23, 2017 9:00 to 10:30 50 George Square: G.01 |
| Inside the Price Dispersion Box: Evidence from U.S. Scanner Data |
| By Benjamin Eden; Vanderbilt University |
| presented by: Benjamin Eden, Vanderbilt University |
| The Cyclicality of Gross Margins |
| By Eric Anderson; Northwestern University Sergio Rebelo; Northwestern University Arlene Wong; Federal Reserve Bank of Minneapolis |
| presented by: Arlene Wong, Federal Reserve Bank of Minneapolis |
| Firm Dynamics and Pricing under Customer Capital Accumulation |
| By Sophia Gilbukh; NYU Stern Pau Roldan; New York University |
| presented by: Pau Roldan, New York University |
| Session 69: Labor Search Models June 23, 2017 9:00 to 10:30 David Hume Tower: LG.10 |
| Searching for Wages in an Estimated Labor Matching Model |
| By Ryan Chahrour; Boston College Sanjay Chugh; The Ohio State University Tristan Potter; Drexel University |
| presented by: Ryan Chahrour, Boston College |
| Labor Market Liquidity |
| [slides] |
| By Korie Amberger; UPF and Barcelona GSE Jan Eeckhout; University College London and Barcelona |
| presented by: Korie Amberger, UPF and Barcelona GSE |
| Estimating Matching Efficiency with Variable Search Effort |
| By Andreas Hornstein; Federal Reserve Bank of Richmond Marianna Kudlyak; Federal Reserve Bank of San Francisco |
| presented by: Marianna Kudlyak, Federal Reserve Bank of San Francisco |
| Session 70: Liquidating Assets June 23, 2017 9:00 to 10:30 50 George Square: 1.06 |
| Bankruptcy Reforms When Workers Extract Rents |
| By Alessandro Peri; University of Colorado Boulder |
| presented by: Alessandro Peri, University of Colorado Boulder |
| An Equilibrium Search Model of Fire Sales |
| By Nuray Akin; Ozyegin University, School of Business Brennan Platt; Brigham Young University |
| presented by: Nuray Akin, Ozyegin University, School of Business |
| Optimal Asset Division Rules for Dissolving Partnerships |
| By Arpad Abraham; European University Institute Piero Gottardi; European University Institute |
| presented by: Arpad Abraham, European University Institute |
| Session 71: International Trade and Migration June 23, 2017 11:00 to 12:30 50 George Square: G.04 |
| Immigration, Occupations, and Local Labor Markets: Theory and Evidence from the U.S. |
| By Ariel Burstein; UCLA Gordon Hanson; University of California, San Diego Lin Tian; Columbia University Jonathan Vogel; Columbia |
| presented by: Jonathan Vogel, Columbia |
| Quantifying the Losses from International Trade |
| By Mike Waugh; New York University |
| presented by: Mike Waugh, New York University |
| Can Immigration Cause Local Industrialization? Evidence from Germany’s Post-War Population Transfer |
| By Michael Peters; Yale University |
| presented by: Michael Peters, Yale University |
| Session 72: Firm Level Responses to Shocks June 23, 2017 11:00 to 12:30 David Hume Tower: LG.09 |
| Small and Large Firms over the Business Cycle |
| By Nicolas Crouzet; Northwestern University Neil Mehrotra; Brown University |
| presented by: Nicolas Crouzet, Northwestern University |
| Insuring entrepreneurial downside risk |
| By Alexandre GAILLARD; TOULOUSE SCHOOL OF ECONOMICS Sumudu Kankanamge; Toulouse School of Economics |
| presented by: Alexandre Gaillard, Toulouse School of Economics |
| Demand Shocks and Labor Market Dynamics: Firm Level Responses to a Commodity Boom |
| By Felipe Benguria; University of Kentucky Felipe Saffie; University of Maryland Sergio Urzua; University of Maryland, College Park |
| presented by: Felipe Saffie, University of Maryland |
| Session 73: Banking and Monetary Policy June 23, 2017 11:00 to 12:30 David Hume Tower: Lecture Theatre B |
| Bailouts, Bail-ins and Banking Crises |
| By Todd Keister; Rutgers University Yuliyan Mitkov; Rutgers University |
| presented by: Todd Keister, Rutgers University |
| Financial Stability and Fractional Reserve Banking |
| By Stephan Imhof; Swiss National Bank Cyril Monet Shengxing Zhang; London School of Economics |
| presented by: Shengxing Zhang, London School of Economics |
| Session 74: Wealth, Capital, and Inheritance Taxation June 23, 2017 11:00 to 12:30 50 George Square: G.05 |
| Inequality, Redistribution and Optimal Trade Policy |
| By Roozbeh Hosseini; University of Georgia Ali Shourideh; Carnegie Mellon University |
| presented by: Roozbeh Hosseini, University of Georgia |
| Use It or Lose It: Efficiency Gains from Wealth Taxation |
| By Fatih Guvenen; University of Minnesota Gueorgui Kambourov; University of Toronto Burhanettin Kuruscu; University of Toronto Sergio Ocampo; University of Minnesota Daphne Chen; Florida State University |
| presented by: Gueorgui Kambourov, University of Toronto |
| Inheritance Taxation and Wealth Effects on the Labor Supply of Heirs |
| By Fabian Kindermann; University of Bonn Lukas Mayr; European University Institute Dominik Sachs; European University Institute |
| presented by: Lukas Mayr, European University Institute |
| Session 75: International Macroeconomics June 23, 2017 11:00 to 12:30 David Hume Tower: LG.06 |
| The Effects of Government Spending on Real Exchange Rates: Evidence from Military Spending Panel Data |
| By Wataru Miyamoto; Bank of Canada Thuy Lan Nguyen; Santa Clara University Viacheslav Sheremirov; Federal Reserve Bank of Boston |
| presented by: Viacheslav Sheremirov, Federal Reserve Bank of Boston |
| International Spillovers and Local Credit Cycles |
| By Yusuf Soner Baskaya; Bilkent University Julian di Giovanni; Universitat Pompeu Fabra Sebnem Kalemli-Ozcan; University of Maryland mehmet ulu; Turkish Central Bank |
| presented by: Yusuf Soner Baskaya, Bilkent University |
| The Real Exchange Rate, Innovation and Productivity: A Cross-country Firm-level Analysis |
| By Laura Alfaro; Harvard Business School Alejandro Cunat; University of Vienna Harald Fadinger; University of Mannheim Yanping Liu; University of Mannheim |
| presented by: Yanping Liu, University of Mannheim |
| Session 76: Monetary Policy III June 23, 2017 11:00 to 12:30 David Hume Tower: Lecture Theatre C |
| Safety, Liquidity, and the Natural Rate of Interest |
| By Marco Del Negro; Federal Reserve Bank of New York Domenico Giannone; Federal Reserve Bank of New York Marc Giannoni; Federal Reserve Bank of New York Andrea Tambalotti; Federal Reserve Bank of New York |
| presented by: Andrea Tambalotti, Federal Reserve Bank of New York |
| Monetary Policy in Incomplete Market Models: Theory and Evidence |
| By Marcus Hagedorn; University of Oslo Iourii Manovskii; University of Pennsylvania Kurt Mitman; Stockholm University |
| presented by: Iourii Manovskii, University of Pennsylvania |
| The Mortgage Rate Conundrum |
| By Alejandro Justiniano; Federal Reerve Chicago Giorgio Primiceri; Northwestern University Andrea Tambalotti; Federal Reserve Bank of New York |
| presented by: Giorgio Primiceri, Northwestern University |
| Session 77: Cross Borders Capital Flows June 23, 2017 11:00 to 12:30 David Hume Tower: LG.08 |
| Cross-border Flows and Monetary Policy |
| By Ricardo Correa; Board of Governors of the Federal Reserve System Teodora Paligorova; Bank of Canada Horacio Sapriza; Federal Reserve Board Andrei Zlate; Federal Reserve Bank of Boston |
| presented by: Horacio Sapriza, Federal Reserve Board |
| External Imbalances, Gross Capital Flows and Sovereign Debt Crises |
| By Sergio de Ferra; Stockholm University |
| presented by: Sergio de Ferra, Stockholm University |
| Slow Moving Capital: Evidence from Global Equity Portfolios |
| By Philippe Bacchetta; University of Lausanne |
| presented by: Philippe Bacchetta, University of Lausanne |
| Session 78: The Term Structure of Debt June 23, 2017 11:00 to 12:30 50 George Square: G.06 |
| Fiscal Discount Rates and Debt Maturity |
| By Alexandre Corhay; University of Toronto Howard Kung; London Business School Gonzalo Morales; University of Alberta |
| presented by: Gonzalo Morales, University of Alberta |
| Level and Volatility Shocks to Fiscal Policy: Term Structure Implications |
| By Andrea Tamoni; London School of Economics Lorenzo Bretscher; London School of Economics Alex Hsu; Georgia Institute of Technology |
| presented by: Lorenzo Bretscher, London School of Economics |
| Term Structure of Risk on Macrofinance Models |
| By Irina Zviadadze; Stockholm School of Economics |
| presented by: Irina Zviadadze, Stockholm School of Economics |
| Session 79: Dynamic Corporate Finance June 23, 2017 11:00 to 12:30 50 George Square: 1.06 |
| On the Asset Allocation of a Default Pension Fund |
| [slides] |
| By Magnus Dahlquist; Stockholm School of Economics Ofer Setty; Tel Aviv University Roine Vestman; Stockholm University |
| presented by: Ofer Setty, Tel Aviv University |
| The Finance-Uncertainty Multiplier |
| By Ivan Alfaro; The Ohio State University Nicholas Bloom; Stanford Xiaoji Lin; Ohio State University |
| presented by: Xiaoji Lin, Ohio State University |
| Noise-Ridden Lending Cycles |
| By Elena Afanasyeva; Goethe University Frankfurt Jochen Guentner; Johannes Kepler University Linz |
| presented by: Elena Afanasyeva, Goethe University Frankfurt |
| Session 80: Human Capital in Life Cycle Models June 23, 2017 11:00 to 12:30 David Hume Tower: LG.10 |
| Earnings Dynamics and Returns to Skills |
| By Lance Lochner; University of Western Ontario Youngmin Park; Bank of Canada Youngki Shin |
| presented by: Youngmin Park, Bank of Canada |
| Promoting Educational Opportunities: Long-run Implications of Affirmative Action in College Admissions |
| By Bernard Herskovic; UCLA Anderson School of Management Joao Ramos; University of Southern California |
| presented by: Bernard Herskovic, UCLA Anderson School of Management |
| College Major Choice: Sorting and Differential Returns to Skills |
| By John Eric Humphries; University of Chicago Juanna Joensen; University of Chicago Gregory Veramendi; Arizona State University |
| presented by: Juanna Joensen, University of Chicago |
| Session 81: Political Risk June 23, 2017 11:00 to 12:30 50 George Square: G.02 |
| Divide and Rule: An Origin of Polarization and Ethnic Conflict |
| By Simon Alder; University of North Carolina at Chapel H Yikai Wang; University of Oslo |
| presented by: Simon Alder, University of North Carolina at Chapel H |
| Resource Transfers to Local Governments: Political Manipulation and Voting Patterns in West Bengal |
| By Dilip Mookherjee; Boston University Anusha Nath; Federal Reserve Bank of Minneapolis and University of Minnesota |
| presented by: Anusha Nath, Federal Reserve Bank of Minneapolis and University of Minnesota |
| Politicians and Creative Destruction |
| By Salome Baslandze; EIEF - Einaudi Institute for Economics a |
| presented by: Salome Baslandze, EIEF - Einaudi Institute for Economics a |
| Session 82: Moral Hazard and Optimal Contracts June 23, 2017 11:00 to 12:30 50 George Square: G.01 |
| Group Punishments without Commitment |
| By Emilio Bisetti; Carnegie Mellon University, Tepper Schoo Benjamin Tengelsen; Carnegie Mellon University Ariel Zetlin-Jones; Carnegie Mellon University |
| presented by: Ariel Zetlin-Jones, Carnegie Mellon University |
| The Impact of Moral Hazard and Budget Balancing on Sorting in Partnerships |
| By Galina Vereshchagina; Arizona State University |
| presented by: Galina Vereshchagina, Arizona State University |
| A Theory of Multi-Period Debt Structure |
| By Chong Huang; University of California, Irvine Martin Oehmke; London School of Economics Hongda Zhong; LSE |
| presented by: Hongda Zhong, LSE |
| Session 83: Structural Change III June 23, 2017 11:00 to 12:30 David Hume Tower: LG.11 |
| Structural Transformation of Occupation Employment |
| [slides] |
| By Berthold Herrendorf; Arizona State University Georg Duernecker; University of Mannheim |
| presented by: Berthold Herrendorf, Arizona State University |
| Unbalanced Growth Slowdown |
| By Georg Duernecker; University of Mannheim Akos Valentinyi; University of Manchester |
| presented by: Akos Valentinyi, University of Manchester |
| Velocity in the Long Run: Money and Structural Transformation |
| By Radek Stefanski; University of St Andrews |
| presented by: Radek Stefanski, University of St Andrews |
| Session 84: Dynamic Models of Inequality June 23, 2017 11:00 to 12:30 50 George Square: G.03 |
| Skill-Biased Technical Change and Regional Convergence |
| By Elisa Giannone; University of Chicago |
| presented by: Elisa Giannone, University of Chicago |
| Intangibles, Inequality and Stagnation |
| By Nobuhiro Kiyotaki; Princeton University Shengxing Zhang; London School of Economics |
| presented by: Nobuhiro Kiyotaki, Princeton University |
| The End of the American Dream? Inequality and Segregation in US cities |
| By Alessandra Fogli; Minneapolis Federal Reserve Bank Veronica Guerrieri; University of Chicago |
| presented by: Veronica Guerrieri, University of Chicago |
| Session 85: Optimal Taxation in Imperfect Labor Markets June 23, 2017 13:45 to 15:15 50 George Square: G.05 |
| Optimal Mirrleesian Taxation in Non-competitive Labor Markets |
| By Carlos da Costa; Fundação Getulio Vargas |
| presented by: Carlos da Costa, Fundação Getulio Vargas |
| Taxation, Redistribution and Frictional Labor Supply |
| By Christopher Sleet; Carnegie Mellon University Hakki Yazici; Sabanci University |
| presented by: Hakki Yazici, Sabanci University |
| Local Shocks, Discrete Choice and Optimal Policy |
| [slides] |
| By Christopher Sleet; Carnegie Mellon University |
| presented by: Christopher Sleet, Carnegie Mellon University |
| Session 86: International Trade I June 23, 2017 13:45 to 15:15 50 George Square: G.04 |
| Everything all the time? Entry and Exit in U.S. Import Varieties |
| By Roc Armenter; Federal Reserve Bank of Philadelphia Miklós Koren; Central European University |
| presented by: Roc Armenter, Federal Reserve Bank of Philadelphia |
| Distribution Costs, Product Quality, and Cross-Country Income Differences |
| By Kunal Dasgupta; University of Toronto |
| presented by: Kunal Dasgupta, University of Toronto |
| Indivisibilities in Distribution |
| By Thomas Holmes; University of Minnesota Ethan Singer; University of Minnesota |
| presented by: Thomas Holmes, University of Minnesota |
| Session 87: Credit and Misallocation June 23, 2017 13:45 to 15:15 50 George Square: 1.06 |
| Capital Misallocation and Secular Stagnation |
| By Andrea Caggese; Pompeu Fabra University Ander Perez-Orive; Federal Reserve Board |
| presented by: Ander Perez-Orive, Federal Reserve Board |
| Misallocation and Financial Frictions: the Role of Long-Term Financing |
| By Marios Karabarbounis; Federal Reserve Bank of Richmond Patrick Macnamara; University of Manchester |
| presented by: Patrick Macnamara, University of Manchester |
| Misallocation Costs of Digging Deeper into the Central Bank Toolkit |
| By Robert Kurtzman; Federal Reserve Board of Governors David Zeke; University of Southern California |
| presented by: Robert Kurtzman, Federal Reserve Board of Governors |
| Session 88: Risk Premia and Monetary Policy June 23, 2017 13:45 to 15:15 David Hume Tower: Lecture Theatre C |
| Financial Vulnerability and Monetary Policy |
| By Tobias Adrian; Federal Reserve Bank of New York Fernando Duarte; Federal Reserve Bank of New York |
| presented by: Fernando Duarte, Federal Reserve Bank of New York |
| Risk and Monetary Policy in a New Keynesian Model |
| By anmol bhandari; university of minnesota David Evans; University of Oregon Mikhail Golosov; Princeton University |
| presented by: Mikhail Golosov, Princeton University |
| On Interest Rate Policy and Asset Bubbles |
| By Franklin Allen; Imperial College London Gadi Barlevy; Federal Reserve Bank of Chicago Douglas Gale; New York University |
| presented by: Gadi Barlevy, Federal Reserve Bank of Chicago |
| Session 89: The Cross-section of Expected Returns June 23, 2017 13:45 to 15:15 50 George Square: G.06 |
| Labor Rigidity and the Dynamics of the Value Premium |
| By Roberto Marfè; Colegio Carlo Alberto |
| presented by: Roberto Marfè, Colegio Carlo Alberto |
| Variance Risk Premia on Stocks and Bonds |
| By Philippe Mueller; London School of Economics Petar Sabtchevsky; London School of Economics Andrea Vedolin; London School of Economics Paul Whelan; Copenhagen Business School |
| presented by: Andrea Vedolin, London School of Economics |
| The Leading Premium |
| By Mariano Croce; University of North Carolina at Chapel H Tatyana Marchuk; Goethe University Frankfurt Christian Schlag; Goethe University |
| presented by: Tatyana Marchuk, Goethe University Frankfurt |
| Session 90: Creative Destruction and the Macroeconomy June 23, 2017 13:45 to 15:15 50 George Square: G.01 |
| Are Ideas Getting Harder to Find? |
| By Nicholas Bloom; Stanford Charles Jones; Stanford University John Van Reenen; Sloan School of Management, MIT Michael Webb; Stanford University |
| presented by: Michael Webb, Stanford University |
| Missing Growth from Creative Destruction |
| [slides] |
| By Philippe Aghion; College de France Antonin Bergeaud; Banque de France and école polytechnique Timo Boppart; IIES, Stockholm University Peter Klenow; Stanford University Huiyu Li; Federal Reserve Bank of San Francisco |
| presented by: Huiyu Li, Federal Reserve Bank of San Francisco |
| Innovation and Product Reallocation in the Great Recession |
| By David Argente; University of Chicago Munseob Lee; University of Chicago Sara Moreira; Northwestern University |
| presented by: David Argente, University of Chicago |
| Session 91: Wage Structures June 23, 2017 13:45 to 15:15 David Hume Tower: LG.09 |
| Skill Prices, Occupations and Changes in the Wage Structure |
| By Nicolas Roys; University of Wisconsin Madison Chris Taber; Northwestern University |
| presented by: Nicolas Roys, St Louis Fed and Royal Holloway |
| Recent Changes in British Wage Inequality: Evidence from Firms and Occupations |
| By Daniel Schaefer; University of Edinburgh Carl Singleton; University of Edinburgh |
| presented by: Daniel Schaefer, University of Edinburgh |
| The End of Men and Rise of Women in the High-Skilled Labor Market |
| By Guido Matias Cortes; University of Manchester Nir Jaimovich; Duke University Henry Siu; University of British Columbia |
| presented by: Henry Siu, University of British Columbia |
| Session 92: The Currency Composition of Debt June 23, 2017 13:45 to 15:15 David Hume Tower: LG.08 |
| Limited Arbitrage in the Market for Local Currency Emerging Market Debt |
| By Nicola Borri; LUISS University Kirill Shakhnov; Einaudi Institute for Economics and Finance (EIEF) |
| presented by: Nicola Borri, LUISS University |
| Debauchery and Original Sin: The Currency Composition of Sovereign Debt |
| By Charles Engel; University of Wisconsin JungJae Park; National University of Singapore |
| presented by: JungJae Park, National University of Singapore |
| Carry Trade and Currency Mix of Corporate Debt |
| By Manuel Adelino; Duke University Anna Cieslak; Duke University Lorena Keller; Northwestern University |
| presented by: Anna Cieslak, Duke University |
| Session 93: Structural Change II June 23, 2017 13:45 to 15:15 David Hume Tower: LG.11 |
| Of Cities and Slums |
| By Alexander Monge-Naranjo; Federal Reserve Bank of St. Louis Pedro Cavalcanti Ferreira; Fundação Getulio Vargas luciene pereira; Fundação Getulio Vargas |
| presented by: Alexander Monge-Naranjo, Federal Reserve Bank of St. Louis |
| Structural Transformation by Cohort |
| By Bart Hobijn; ASU Todd Schoellman; Arizona State University |
| presented by: Todd Schoellman, Arizona State University |
| Beyond Traditional Theories of Structural Change |
| By Francisco Buera; Federal Reserve Bank of Chicago Joseph Kaboski; University of Notre Dame Marti Mestieri; Northwestern University |
| presented by: Joseph Kaboski, University of Notre Dame |
| Session 94: Household Economics and Intergenerational Linkages June 23, 2017 13:45 to 15:15 50 George Square: G.02 |
| Labor Market Frictions and Lowest Low Fertility |
| By Nezih Guner; CEMFI Ezgi Kaya; Cardiff Business School Virginia Sanchez Marcos; Universidad de Cantabria |
| presented by: Virginia Sanchez Marcos, Universidad de Cantabria |
| Household Bargaining Power, Preferences for Children and Household Consumption |
| By Federico Gutierrez; Vanderbilt University Andrea Moro; Vanderbilt University |
| presented by: Andrea Moro, Vanderbilt University |
| The Elasticity of Intergenerational Substitution, Parental Altruism, and Fertility Choice |
| By Juan Cordoba; Iowa State University Marla Ripoll; University of Pittsburgh |
| presented by: Marla Ripoll, University of Pittsburgh |
| Session 95: The Changing Nature of Business Cycles June 23, 2017 13:45 to 15:15 50 George Square: G.03 |
| How much Keynes and how much Schumpeter? An Estimated Macromodel of the US Economy |
| By Philipp Pfeiffer; Technische Universität Berlin |
| presented by: Philipp Pfeiffer, Technische Universität Berlin |
| Changing Business Cycle Dynamics in the US: The Role of Women's Employment |
| By Stefania Albanesi; University of Pittsburgh |
| presented by: Stefania Albanesi, University of Pittsburgh |
| The Slow Recovery in Output after 2009 |
| By John Fernald; FRB San Francisco Robert Hall; STANFORD UNIVERSITY James Stock; Harvard Mark Watson; Princeton University |
| presented by: John Fernald, FRB San Francisco |
| Session 96: Asset Bubbles, Booms, and Busts June 23, 2017 13:45 to 15:15 David Hume Tower: Lecture Theatre B |
| Asset Bubbles and Monetary Policy |
| By Feng Dong; Shanghai Jiao Tong University Jianjun Miao; Boston University Pengfei Wang; Hong Kong University of Science and Tech |
| presented by: Feng Dong, Shanghai Jiao Tong University |
| Asset Bubbles and Foreign Interest Rate Shocks |
| By Jianjun Miao; Boston University Pengfei Wang; Hong Kong University of Science and Tech Jing Zhou; Fudan University |
| presented by: Jing Zhou, Fudan University |
| Collateral booms and information destruction |
| By Alberto Martin; CREI |
| presented by: Alberto Martin, CREI |
| Session 97: Labor Search June 23, 2017 13:45 to 15:15 David Hume Tower: LG.10 |
| Vacancy Chains |
| By Michael Elsby; University of Edinburgh Ryan Michaels; Federal Reserve Bank of Philadelphia David Ratner; Federal Reserve Board |
| presented by: David Ratner, Federal Reserve Board |
| Privately Efficient Wage Rigidity Under Diminishing Returns |
| By Bjoern Bruegemann; VU University Amsterdam |
| presented by: Bjoern Bruegemann, VU University Amsterdam |
| Dynamics and Endogeneity of Firms' Recruitment Behavior |
| By Felix Ehrenfried; LMU Munich Christian Holzner; University of Munich and Ifo Institute |
| presented by: Felix Ehrenfried, LMU Munich |
| Session 98: International Capital Flows June 23, 2017 13:45 to 15:15 David Hume Tower: LG.06 |
| Trade Liberalization and Economic Development: Evidence from China's WTO Accession |
| By Wenya Cheng; University of Manchester Andrei Potlogea; University of Edinburgh |
| presented by: Andrei Potlogea, University of Edinburgh |
| Why Does U.S Public Debt Flow to China? |
| By Marina Azzimonti; Stony Brook University Xin Tang; International Monetary Fund |
| presented by: Xin Tang, International Monetary Fund |
| Interest Rate Uncertainty and Sovereign Default Risk |
| By Cesar Sosa-Padilla; University of Notre Dame Alok Johri; McMaster University Shahed Khan; McMaster University |
| presented by: Cesar Sosa-Padilla, University of Notre Dame |
| Session 99: Wage Dispersion and Inequality June 23, 2017 15:45 to 17:15 David Hume Tower: LG.09 |
| Wealth Accumulation, On the Job Search and Inequality |
| By Gaston Chaumont; Pennsylvania State University Shouyong Shi; Pennsylvania State University |
| presented by: Shouyong Shi, Pennsylvania State University |
| The Macrodynamics of the Wage Distribution |
| By Rasmus Lentz; University of Wisconsin Madison Jeremy Lise; University of Minnesota Jean Marc Robin; Sciences Po |
| presented by: Jeremy Lise, University of Minnesota |
| Search Frictions and Wage Dispersion |
| By Marcus Hagedorn; University of Oslo Iourii Manovskii; University of Pennsylvania Yikai Wang; University of Oslo |
| presented by: Yikai Wang, University of Oslo |
| Session 100: International Spillovers and Synchronization June 23, 2017 15:45 to 17:15 David Hume Tower: LG.08 |
| Does Credit Market Integration Amplify the Transmission of Real Business Cycle During Financial Crisis? |
| By Jiyoun An; Kyung Hee University Kyunghun Kim; KIEP Ju Hyun Pyun; Korea University |
| presented by: Ju Hyun Pyun, Korea University |
| Explaining International Business Cycle Synchronization |
| [slides] |
| By Robert Kollmann; ECARES, Université Libre de Bruxelles & CEPR |
| presented by: Robert Kollmann, ECARES, Université Libre de Bruxelles & CEPR |
| Capital Controls and Foreign Currency Denomination |
| By Fernando Garcia-Barragan Guangling Liu; University of Stellenbosch |
| presented by: Guangling Liu, University of Stellenbosch |
| Session 101: Demographics and Labor Markets June 23, 2017 15:45 to 17:15 David Hume Tower: LG.10 |
| Demographic Change and Labor Mobility |
| By Marius Bickmann; TU Dortmund |
| presented by: Marius Bickmann, TU Dortmund |
| Educational Choice, Rural-urban Migration and Economic Development: The Role of Zhaosheng in China |
| By Pei-Ju Liao; Institute of Economics, Academia Sinica Ping Wang; Washington University in St. Louis Yin-Chi Wang; Chinese University of Hong Kong Chong Yip; Chinese University of Hong Kong |
| presented by: Yin-Chi Wang, Chinese University of Hong Kong |
| Dual Job Search and Migration |
| By Peter Rupert; University of California, Santa Barbara Christine Braun; University of California Santa Barbara Charlie Nusbaum; University of California, Santa Barbara |
| presented by: Peter Rupert, University of California, Santa Barbara |
| Session 102: Optimal Fiscal Policy June 23, 2017 15:45 to 17:15 50 George Square: G.05 |
| Optimal Dynamic Fiscal Policy with Endogenous Debt Limits |
| By Kenneth Judd; Stanford University Yongyang Cai; Ohio State University Philipp Renner; Lancaster University Simon Scheidegger; University of Zürich Sevin Yeltekin; Carnegie Mellon University |
| presented by: Sevin Yeltekin, Carnegie Mellon University |
| The Public and Private Provision of Safe Assets |
| By Marina Azzimonti; Stony Brook University Pierre Yared; Columbia University |
| presented by: Marina Azzimonti, Stony Brook University |
| Optimal Fiscal Policy with Heterogeneous Agents and Aggregate Shocks |
| By Francois Le Grand; EMLyon Business School Xavier Ragot; Sciencespo |
| presented by: Francois Le Grand, EMLyon Business School |
| Session 103: Leverage and Financial Constraints June 23, 2017 15:45 to 17:15 David Hume Tower: Lecture Theatre B |
| Moral Hazard and Investment-Cash-Flow Sensitivity |
| By Hengjie Ai; University of Minnesota Kai Li; Hong Kong University of Science and Technology Rui Li; University of Massachusetts Boston |
| presented by: Kai Li, Hong Kong University of Science and Technology |
| Re-use of Collateral: Leverage, Volatility, and Welfare |
| By Johannes Brumm; University of Zurich Michael Grill; European Central Bank Felix Kubler; University of Zurich Karl Schmedders; University of Zurich |
| presented by: Michael Grill, European Central Bank |
| Optimal Dynamic Capital Requirements |
| By Caterina Mendicino; European Central Bank Kalin Nikolov; European Central Bank Javier Suarez; CEMFI Dominik Supera; European Central Bank |
| presented by: Kalin Nikolov, European Central Bank |
| Session 104: Firm Capital Structure June 23, 2017 15:45 to 17:15 50 George Square: 1.06 |
| The Elephant in the Room: the Impact of Labor Obligations on Credit Markets |
| By Jack Favilukis; University of British Columbia Xiaoji Lin; Ohio State University Xiaofei Zhao; University of Texas-Dallas |
| presented by: Xiaofei Zhao, University of Texas-Dallas |
| Levered Ideas: Risk Premia along the Credit Cycle |
| By Wenxi Liao; Fuqua School of Business Lukas Schmid; Duke University |
| presented by: Lukas Schmid, Duke University |
| Rising Capital Shares, Risk Taking and The Secular Stagnation |
| By Adriana Grasso; LUISS Guido Carli Juan Passadore; Einaudi Institute for Economics and Fina Facundo Piguillem; EIEF |
| presented by: Facundo Piguillem, EIEF |
| Session 105: International Trade II June 23, 2017 15:45 to 17:15 50 George Square: G.04 |
| The Role of Trade Costs in the Surge of Trade Imbalances |
| By Ricardo Reyes-Heroles; Federal Reserve Board |
| presented by: Ricardo Reyes-Heroles, Federal Reserve Board |
| The Imact of Brexit on Foreign Investment and Production |
| By Ellen McGrattan; University of Minnesota Andrea Waddle; University of Richmond |
| presented by: Ellen McGrattan, University of Minnesota |
| Drivers of Fragmented Production Chains: Evidence from the 19th Century |
| By Reka Juhasz; Columbia University Claudia Steinwender; HBS |
| presented by: Reka Juhasz, Columbia University |
| Session 106: Bank Market Structure June 23, 2017 15:45 to 17:15 50 George Square: G.02 |
| Open Market Operations |
| By Guillaume Rocheteau; University of California, Irvine Randall Wright; University of Wisconsin Sylvia Xiao; University of Wisconsin-Madison |
| presented by: Sylvia Xiao, University of Wisconsin-Madison |
| Interbank Network Disruptions and The Real Economy |
| By Dasha Safonova; University of Notre Dame |
| presented by: Dasha Safonova, University of Notre Dame |
| Lenders' Competition and Macro-prudential Regulation: A Model of the UK Mortgage Supermarket |
| By Matteo Benetton; London School of Economics |
| presented by: Matteo Benetton, London School of Economics |
| Session 107: Empirical Asset Pricing June 23, 2017 15:45 to 17:15 50 George Square: G.06 |
| Monetary Policy and the Stock Market: Time Series Evidence |
| By Andreas Neuhierl; University of Notre Dame Michael Weber; University of Chicago |
| presented by: Michael Weber, University of Chicago |
| Expected Spot Prices and the Dynamics of Commodity Risk Premia |
| By Daniele Bianchi; University of Warwick Jacopo Piana; City University London |
| presented by: Daniele Bianchi, University of Warwick |
| Fearing the Fed: How Wall Street Reads Main Street |
| By Amir Yaron; University of Pennsylvania Tzuo Hann Law; Boston College Dongho Song; Boston College |
| presented by: Amir Yaron, University of Pennsylvania |
| Session 108: International Finance June 23, 2017 15:45 to 17:15 David Hume Tower: LG.06 |
| Why Are Exchange Rates So Smooth? A Heterogeneous Portfolio Explanation |
| By YiLi Chien; Federal Reserve Bank of St. Louis Hanno Lustig; Stanford University Kanda Naknoi; University of Connecticut |
| presented by: Kanda Naknoi, University of Connecticut |
| A Macro-Finance Approach to Sovereign Debt Spreads and Returns |
| By Fabrice Tourre; University of Chicago |
| presented by: Fabrice Tourre, University of Chicago |
| Sovereign Cocos and the Reprofiling of Debt Payments |
| By Juan Hatchondo; Indiana University Leonardo Martinez; International Monetary Fund |
| presented by: Juan Hatchondo, Indiana University |
| Session 109: Growth June 23, 2017 15:45 to 17:15 David Hume Tower: LG.11 |
| The Consequences of an Aging Chinese Miracle |
| By Michael Dotsey; Federal Reserve Bank of Philadelphia Wenli Li; Federal Reserve Bank of Philadelphia Fang Yang; Louisiana State University |
| presented by: Wenli Li, Federal Reserve Bank of Philadelphia |
| Natural Disasters and Growth: The Role of Foreign Aid and Disaster Insurance |
| By Rodolfo Manuelli; Washington University and Federal Reserve Bank of St. Louis |
| presented by: Rodolfo Manuelli, Washington University and Federal Reserve Bank of St. Louis |
| Infectious Diseases, Human Capital and Economic Growth |
| By Aditya Goenka; University of Birmingham Lin Liu; University of Liverpool |
| presented by: Aditya Goenka, University of Birmingham |
| Session 110: Liquidity and Employment June 23, 2017 15:45 to 17:15 50 George Square: G.01 |
| Firing the Wrong Workers: Financing Constraints and Labor Misallocation |
| By Andrea Caggese; Pompeu Fabra University Vicente Cunat; London School of Economics Daniel Metzger; Stockholm School of Economics |
| presented by: Andrea Caggese, Pompeu Fabra University |
| Financial Frictions, Volatility, and Skewness |
| By David Zeke; University of Southern California |
| presented by: David Zeke, University of Southern California |
| Unemployment, Aggregate Demand, and the Distribution of Liquidity |
| By Zachary Bethune; University of Virginia Guillaume Rocheteau; University of California, Irvine Russell Wong; Federal Reserve Bank of Richmond |
| presented by: Zachary Bethune, University of Virginia |
| Session 111: Money and Interest Rates June 23, 2017 15:45 to 17:15 David Hume Tower: Lecture Theatre C |
| Why Are Real Interest Rates So Low? |
| By Magali Marx; banque de france Benoït Mojon Francois Velde; Federal Reserve Bank of Chicago |
| presented by: Francois Velde, Federal Reserve Bank of Chicago |
| International Evidence on Long Run Money Demand |
| By Luca Benati; University of Bern Robert Lucas; University of Chicago Juan Pablo Nicolini; Minneapolis Fed Warren E. Weber; University of South Carolina |
| presented by: Juan Pablo Nicolini, Minneapolis Fed |
| Non-Neutrality of Open Market Operations |
| By Pierpaolo Benigno; LUISS Guido Carli Salvatore Nistico; Sapienza Università di Roma |
| presented by: Salvatore Nistico, Sapienza Università di Roma |
| Session 112: Advances in Optimal Taxation June 23, 2017 15:45 to 17:15 50 George Square: G.03 |
| A Welfarist Role for Nonwelfarist Rules: An example with envy |
| By Matthew Weinzierl; Harvard Business School |
| presented by: Matthew Weinzierl, Harvard Business School |
| Optimal Taxation with Behavioral Agents |
| By Emmanuel Farhi; Harvard University Xavier Gabaix; Harvard economics dpt |
| presented by: Emmanuel Farhi, Harvard University |
| Intergenerational Mobility and Preferences for Redistribution |
| By Alberto Alesina; Harvard University Stefanie Stantcheva; Harvard University Edoardo Teso; Harvard University |
| presented by: Stefanie Stantcheva, Harvard University |
| Session 113: Sovereign Debt June 24, 2017 9:00 to 10:30 50 George Square: G.03 |
| Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America |
| By Lee Ohanian; University of California Los Angeles Paulina Restrepo-Echavarria; Federal Reserve Bank of St Louis Mark Wright; Federal Reserve Bank of Chicago |
| presented by: Mark Wright, Federal Reserve Bank of Chicago |
| Fiscal Rules, Bailouts, and Reputation in Federal Governments |
| By Alessandro Dovis; University of Pennsylvania Rishabh Kirpalani; NYU |
| presented by: Alessandro Dovis, University of Pennsylvania |
| Internal Devaluation and Macroeconomic Adjustment: Lessons from the Great Recession in the US |
| By Giancarlo Corsetti; University of Cambridge Luca Dedola; European Central Bank Riccardo Trezzi; Board of Governors - Federal Reserve |
| presented by: Luca Dedola, European Central Bank |
| Session 114: Belief-driven Fluctuations June 24, 2017 9:00 to 10:30 50 George Square: G.04 |
| Confounding Dynamics |
| By Todd Walker; Indiana University |
| presented by: Todd Walker, Indiana University |
| Revisions in Utilization-Adjusted TFP and Robust Identification of News Shocks |
| By Andre Kurmann; Drexel University Eric Sims; University of Notre Dame |
| presented by: Andre Kurmann, Drexel University |
| News or Noise? The Missing Link |
| By Ryan Chahrour; Boston College Kyle Jurado; Duke University |
| presented by: Kyle Jurado, Duke University |
| Session 115: Multinational Enterprises June 24, 2017 9:00 to 10:30 50 George Square: G.05 |
| Becoming a Multinational: an Analysis of Market Access and Risk through Mergers |
| By Jose Fillat; Federal Reserve Bank of Boston Stefania Garetto; Boston University |
| presented by: Stefania Garetto, Boston University |
| The Labor Market Effects of Offshoring by U.S. Multinational Firms: Evidence from Changes in Global Tax Policies |
| By Brian Kovak; Carnegie Mellon University Lindsay Oldenski; Georgetown University Nicholas Sly; Federal Reserve Bank of Kansas City |
| presented by: Lindsay Oldenski, Georgetown University |
| Pollution Haven or Halo? Evidence from Foreign Acquisitions in Indonesia |
| By Arlan Brucal; Grantham Institute, LSE Beata Javorcik; Department of Economics Inessa Love; University of Hawaii |
| presented by: Beata Javorcik, Department of Economics |
| Session 116: Structural IO I June 24, 2017 9:00 to 10:30 David Hume Tower: LG.10 |
| Trade and Domestic Production Networks |
| By Felix Tintelnot; University of Chicago Ayumu Kikkawa; University of Chicago Magne Mogstad; University of Chicago Emmanuel Dhyne; National Bank of Belgium |
| presented by: Felix Tintelnot, University of Chicago |
| Estimating Market Power: Evidence from the US Brewing Industry |
| By Paul Scott; Toulouse School of Economics |
| presented by: Paul Scott, Toulouse School of Economics |
| Measuring and Mitigating Leakage Risk |
| By Meredith Fowlie; UC Berkeley Mar Reguant; Northwestern University |
| presented by: Mar Reguant, Northwestern University |
| Session 117: Credit June 24, 2017 9:00 to 10:30 David Hume Tower: Lecture Theatre C |
| The Costs and Benefits of Employer Credit Checks |
| By Dean Corbae; University of Wisconsin Andrew Glover; University of Texas Austin |
| presented by: Dean Corbae, University of Wisconsin |
| Making Money: Commercial Banks, Liquidity Transformation and the Payment System |
| By Christine Parlour; UC Berkeley |
| presented by: Christine Parlour, UC Berkeley |
| Building Credit Histories with Competing Lenders |
| By Natalia Kovrijnykh; Arizona State University Igor Livshits; University of Western Ontario Ariel Zetlin-Jones; Carnegie Mellon University |
| presented by: Natalia Kovrijnykh, Arizona State University |
| Session 118: Policy Uncertainty, Price Discrimination, and Trade June 24, 2017 9:00 to 10:30 50 George Square: G.01 |
| Exporter Heterogeneity and Price Discrimination: A Quantitative View |
| By Jae Wook Jung; Korea Institute for International Economic Policy Ina Simonovska; UC Davis ARIEL WEINBERGER; University of Oklahoma |
| presented by: Ariel Weinberger, University of Oklahoma |
| Trade Policy Uncertainty and the Structure of Supply Chains |
| By Sebastian Heise; Federal Reserve Bank of New York Justin Pierce; Board of Governors of the Federal Reserv Georg Schaur; University of Tennessee Peter Schott; Yale School of Management |
| presented by: Sebastian Heise, Federal Reserve Bank of New York |
| Policy Uncertainty and Foreign Direct Investment: Evidence from the China-Japan Island Dispute |
| By Cheng Chen; University of Hong Kong Tatsuro Senga; Queen Mary University of London |
| presented by: Tatsuro Senga, Queen Mary University of London |
| Session 119: Behavioral Theories of Consumption and Savings June 24, 2017 9:00 to 10:30 David Hume Tower: LG.08 |
| The Spill-over Effects of Top Income Inequality |
| [slides] |
| By Jeffrey Clemens; University of California at San Diego Joshua Gottlieb; University of British Columbia David Hemous; University of Zurich Morten Olsen; IESE Business School |
| presented by: Morten Olsen, University of Copenhagen |
| "Permanent Income" Inequality |
| By Brant Abbott; Queen's University Giovanni Gallipoli; UBC |
| presented by: Brant Abbott, Queen's University |
| Saving and Dissaving with Hyperbolic Discounting |
| By Dan Cao; Georgetown University Ivan Werning; MIT |
| presented by: Dan Cao, Georgetown University |
| Session 120: Institutions and the U.S. Labor Market June 24, 2017 9:00 to 10:30 50 George Square: G.06 |
| The Limited Macroeconomic Effects of Unemployment Benefit Extensions |
| By Gabriel Chodorow-Reich; Harvard University Loukas Karabarbounis; University of Minnesota |
| presented by: Loukas Karabarbounis, University of Minnesota |
| The Effect of the Affordable Care Act on the Labor Supply, Savings, and Social Security of Older Americans |
| By Eric French; University College London |
| presented by: Eric French, University College London |
| From Childhood to Adult Inequality: Parental Investments and Early Childhood Development |
| By Diego Daruich; New York University |
| presented by: Diego Daruich, New York University |
| Session 121: Misallocation June 24, 2017 9:00 to 10:30 50 George Square: G.02 |
| Efficiency with Equilibrium Marginal Product Dispersion and Firm Selection |
| By Julieta Caunedo; Cornell University |
| presented by: Julieta Caunedo, Cornell University |
| Misallocation, Selection and Productivity: A Quantitative Analysis with Panel Data from China |
| By Tasso Adamopoulos; York University Loren Brandt; University of Toronto Jessica Leight; Williams College Diego Restuccia; University of Toronto |
| presented by: Tasso Adamopoulos, York University |
| The Agricultural Wage Gap: Evidence from Brazilian Micro-data |
| By Jorge Alvarez; IMF |
| presented by: Jorge Alvarez, IMF |
| Session 122: Finance and Development June 24, 2017 9:00 to 10:30 David Hume Tower: LG.11 |
| A New Perspective on the Finance-Development Nexus |
| By Pedro Amaral; Federal Reserve Bank of Cleveland Dean Corbae; University of Wisconsin Erwan Quintin; University of Wisconsin Madison |
| presented by: Pedro Amaral, Federal Reserve Bank of Cleveland |
| Long-Term Finance and Economic Development: The Role of Liquidity in Corporate Debt Markets |
| By Julian Kozlowski; New York University |
| presented by: Julian Kozlowski, New York University |
| Human Capital and Financial Development |
| By Julio Blanco; University of Michigan Fernando Leibovici; Federal Reserve Bank of St. Louis Virgiliu Midrigan; New York University |
| presented by: Julio Blanco, University of Michigan |
| Session 123: Understanding Housing Prices June 24, 2017 9:00 to 10:30 David Hume Tower: LG.06 |
| History Dependence in the Housing Market |
| By Philippe Bracke; Bank of England Silvana Tenreyro |
| presented by: Philippe Bracke, Bank of England |
| Can Learning Explain Boom-Bust Cycles in Asset Prices? An Application to the US Housing Boom |
| By Colin Caines; Federal Reserve Board |
| presented by: Colin Caines, Federal Reserve Board |
| Housing Market Freezes, Deleveraging, and Aggregate Demand |
| By Ralph Luetticke; University College London Christian Bayer; Universitaet Bonn |
| presented by: Ralph Luetticke, University College London |
| Session 124: Expectations in Monetary Policy June 24, 2017 9:00 to 10:30 50 George Square: 1.06 |
| Forward Guidance without Common Knowledge |
| By Chen Lian; MIT George-Marios Angeletos; M.I.T. |
| presented by: Chen Lian, MIT |
| Ambiguity, Monetary Policy and Trend Inflation |
| By Riccardo Maria Masolo; Bank of England Francesca Monti; Bank of England |
| presented by: Riccardo Maria Masolo, Bank of England |
| Quantitative Easing without Rational Expectations |
| By Luigi Iovino; Bocconi University Dmitriy Sergeyev; Bocconi University |
| presented by: Luigi Iovino, Bocconi University |
| Session 125: Banks in the Macroeconomy June 24, 2017 9:00 to 10:30 David Hume Tower: Lecture Theatre B |
| A Macroeconomic Theory of Banking Oligopoly |
| By Mei Dong; University of Melbourne Stella Xiuhua Huangfu; University of Sydney Hongfei Sun; Queen's University Chenggang Zhou; University of Waterloo |
| presented by: Hongfei Sun, Queen's University |
| Equilibrium Theory of Banks' Capital Structure |
| By Douglas Gale; New York University Piero Gottardi; European University Institute |
| presented by: Piero Gottardi, European University Institute |
| The Macroeconomic Impact of Money Market Freezes |
| By Fiorella De Fiore; European Central Bank Marie Hoerova; European Central Bank Harald Uhlig; University of Chicago |
| presented by: Fiorella De Fiore, European Central Bank |
| Session 126: Applied Micro: Labor June 24, 2017 9:00 to 10:30 David Hume Tower: LG.09 |
| Changing Parental Characteristics and Aggregate Educational Attainment |
| By Adam Blandin; Virginia Commonwealth University Christopher Herrington; Virginia Commonwealth University |
| presented by: Christopher Herrington, Virginia Commonwealth University |
| How Wage Announcements Affect Job Search Behaviour - A Field Experimental Investigation |
| By Michele Belot; University of Edinburgh Philipp Kircher; European University Institute and University of Edinburgh Paul Muller; Gothenburg University |
| presented by: Philipp Kircher, European University Institute and University of Edinburgh |
| Life after Debt: Post-Graduation Consequences of Federal Student Loans |
| By Martin Gervais; University of Iowa Nicolas Ziebarth; Auburn University |
| presented by: Martin Gervais, University of Iowa |
| Session 127: Frictions and Misallocation June 24, 2017 11:00 to 12:30 David Hume Tower: LG.11 |
| Firms’ Uncertainty and Ambiguity |
| By Ruediger Bachmann; University of Notre Dame Kai Carstensen; Kiel Institute for World Economics Martin Schneider; Stanford University |
| presented by: Ruediger Bachmann, University of Notre Dame |
| The Employment and Output Effects of Short-Time Work in Germany |
| By Russell Cooper; Penn State University |
| presented by: Russell Cooper, Penn State University |
| Capital Misallocation: Frictions or Distortions? |
| By Joel David; USC Venky Venkateswaran; New York University |
| presented by: Joel David, USC |
| Session 128: Non-homothetic Preferences in Trade and Growth June 24, 2017 11:00 to 12:30 50 George Square: G.01 |
| Nonlinear Gravity |
| By Wyatt Brooks; University of Notre Dame Pau Pujolas; McMaster University |
| presented by: Pau Pujolas, McMaster University |
| Home Market Effects on Innovation |
| By Justin Caron; HEC Montreal Thibault Fally; University of California Berkeley Ana Cecilia Fieler; University of Pennsylvania |
| presented by: Thibault Fally, University of California Berkeley |
| A Generalized CES Demand System and Gains from Trade with Heterogeneous Income and Price Elasticities |
| By Marti Mestieri; Northwestern University |
| presented by: Marti Mestieri, Northwestern University |
| Session 129: Information Dynamics June 24, 2017 11:00 to 12:30 50 George Square: G.04 |
| Confounding Dynamics |
| By Giacomo Rondina; University of Colorado, Boulder Todd Walker; Indiana University |
| presented by: Giacomo Rondina, University of Colorado, Boulder |
| Dynamic Higher Order Expectations |
| By Kristoffer Nimark; Cornell University |
| presented by: Kristoffer Nimark, Cornell University |
| The Anatomy of Sentiment-driven Fluctuations |
| By Sushant Acharya; Federal Reserve Bank of New York Jess Benhabib; NYU Zhen Huo; Yale University |
| presented by: Zhen Huo, Yale University |
| Session 130: Networks and Macroeconomics June 24, 2017 11:00 to 12:30 David Hume Tower: LG.10 |
| The Macroeconomic Impact of Microeconomic Shocks: Beyond Hulten's Theorem |
| By David Baqaee; London School of Economics and Political Emmanuel Farhi; Harvard University |
| presented by: David Baqaee, London School of Economics and Political |
| Firm-to-firm Trade in Sticky Production Networks |
| By Kevin Lim; Dartmouth College |
| presented by: Kevin Lim, Dartmouth College |
| Cascades and Fluctuations in an Economy with an Endogenous Production Network |
| By Mathieu Taschereau-Dumouchel; University of Pennsylvania Wharton Schoo |
| presented by: Mathieu Taschereau-Dumouchel, University of Pennsylvania Wharton Schoo |
| Session 131: The Zero Lower Bound and Asset Prices June 24, 2017 11:00 to 12:30 50 George Square: 1.06 |
| Zeroing in: Asset Pricing at the Zero Lower Bound |
| By Mohsan Bilal; New York University, Stern School |
| presented by: Mohsan Bilal, New York University, Stern School |
| Deflation, Sticky Leverage and Asset Prices |
| By Harjoat Bhamra; Imperial College London Christian Dorion; HEC Montreal Alexandre Jeanneret; HEC Montreal Michael Weber; University of Chicago |
| presented by: Harjoat Bhamra, Imperial College London |
| Institutional Investors, Heterogeneous Benchmarks and the Comovement of Asset Prices |
| By Andrea Buffa; Boston University Idan Hodor; Hebrew University |
| presented by: Idan Hodor, Hebrew University |
| Session 132: Firm Dynamics, Investment, and Trade June 24, 2017 11:00 to 12:30 50 George Square: G.05 |
| The Birth of a Multinational: Innovation and Foreign Acquisitions |
| By Jim Goldman; University of Toronto Maria Guadalupe; INSEAD Veronica Rappoport; LSE |
| presented by: Veronica Rappoport, LSE |
| How Firms Grow |
| By Doireann Fitzgerald; Federal Reserve Bank of Minneapolis Stefanie Haller; University College Dublin Yaniv Yedid-Levi; The University of British Columbia |
| presented by: Doireann Fitzgerald, Federal Reserve Bank of Minneapolis |
| Foreign Investment and Domestic Productivity: Identifying Knowledge Spillovers and Competition Effects |
| By Sebnem Kalemli-Ozcan; University of Maryland Bent Sorensen; University of Houston Carolina Villegas Sanchez; ESADE Business School Vadym Volosovych; Erasmus University Rotterdam |
| presented by: Bent Sorensen, University of Houston |
| Session 133: Optimal Bank Regulation June 24, 2017 11:00 to 12:30 David Hume Tower: Lecture Theatre B |
| Optimal Capital Regulation |
| By Stephane Moyen; Deutsche Bundesbank Josef Schroth; Bank of Canada |
| presented by: Josef Schroth, Bank of Canada |
| Dynamic Bank Capital Requirements |
| By Tetiana Davydiuk; Wharton School, University of Pennsylvania |
| presented by: Tetiana Davydiuk, Wharton School, University of Pennsylvania |
| Network Reactions to Banking Regulations |
| By Selman Erol; MIT, CMU Guillermo Ordonez; University of Pennsylvania |
| presented by: Selman Erol, MIT, CMU |
| Session 134: Financial Crisis June 24, 2017 11:00 to 12:30 David Hume Tower: Lecture Theatre C |
| Banks Interconnectivity and Leverage |
| By Alessandro Barattieri; Collegio Carlo Alberto and ESG UQAM Laura Moretti; Central Bank of Ireland Vincenzo Quadrini; USC |
| presented by: Vincenzo Quadrini, USC |
| Financial Fragility and Over-the-counter Markets |
| By Bruno Sultanum; Federal Reserve Bank of Richmond |
| presented by: Bruno Sultanum, Federal Reserve Bank of Richmond |
| Gilded Bubbles |
| By Xavier Freixas; Universitat Pompeu Fabra David Perez-Reyna; Universidad de los Andes |
| presented by: Xavier Freixas, Universitat Pompeu Fabra |
| Session 135: Institutions and Labor Market Outcomes June 24, 2017 11:00 to 12:30 David Hume Tower: LG.09 |
| Geographic Mobility and Redistribution - A Macro-Economic Analysis |
| By Daniele Coen-Pirani; University of Pittsburgh |
| presented by: Daniele Coen-Pirani, University of Pittsburgh |
| Risk Taking to Succeed: Occupational Choice and the Positive Effects of Progressive Taxation |
| By German Cubas; University of Houston Pedro Silos; Temple University |
| presented by: Pedro Silos, Temple University |
| Earnings Inequality and the Minimum Wage: Evidence from Brazil |
| By Niklas Engbom; Princeton University Christian Moser; Columbia University |
| presented by: Niklas Engbom, Princeton University |
| Session 136: Housing Market and Wealth June 24, 2017 11:00 to 12:30 David Hume Tower: LG.06 |
| Das House-Kapital: A Long Term Housing & Macro Model |
| [slides] |
| By Volker Grossmann; University of Fribourg Thomas Steger; University of Leipzig |
| presented by: Volker Grossmann, University of Fribourg |
| Liquidity Constraints, Transition Dynamics, and the Chinese Housing Return Premium |
| [slides] |
| By Yu Zhang; Princeton University |
| presented by: Yu Zhang, Princeton University |
| Inequality, Frictional Assignment and Home-ownership |
| By Allen Head; Queen's University Huw Lloyd-Ellis; Queen's University Derek Stacey; Ryerson University |
| presented by: Allen Head, Queen's University |
| Session 137: Incomplete Information and Sovereign Debt June 24, 2017 11:00 to 12:30 50 George Square: G.03 |
| Reputation and Sovereign Default |
| By Manuel Amador; University of Minnesota and Federal Reserve Bank of Minneapolis Christopher Phelan; University of Minnesota |
| presented by: Christopher Phelan, University of Minnesota |
| A Walrasian Theory of Sovereign Debt Auctions with Asymmetric Information |
| By Harold Cole; University of Pennsylvania Daniel Neuhann; University of Texas at Austin Guillermo Ordonez; University of Pennsylvania |
| presented by: Harold Cole, University of Pennsylvania |
| Learning about Debt Crises |
| By Radek Paluszynski; University of Minnesota |
| presented by: Radek Paluszynski, University of Houston |
| Session 138: Consumption and Income across Generations June 24, 2017 11:00 to 12:30 David Hume Tower: LG.08 |
| Dynastic Precautionary Savings |
| By Corina Boar; University of Rochester |
| presented by: Corina Boar, University of Rochester |
| Consumption and Income Persistence across Generations |
| By Giovanni Gallipoli; UBC Hamish Low; University of Cambridge Aruni Mitra; University of British Columbia |
| presented by: Hamish Low, University of Cambridge |
| Cultural Determinants of Household Saving Behavior |
| By Nicola Fuchs-Schündeln; Goethe University Frankfurt Paolo Masella; University of Bologna Hannah Paule-Paludkiewicz; Goethe University Frankfurt |
| presented by: Nicola Fuchs-Schündeln, Goethe University Frankfurt |
| Session 139: Macroeconomics and Political Institutions June 24, 2017 11:00 to 12:30 50 George Square: G.06 |
| Incumbecy Disadvantage in U.S. National Politics |
| By Satyajit Chatterjee; Federal Reserve Bank of Philadelphia Burcu Eyigungor; Federal Reserve Bank of Philadelphia |
| presented by: Satyajit Chatterjee, Federal Reserve Bank of Philadelphia |
| Credit markets, Limited commitment and Optimal monetary policy |
| By Francesca Carapella; Federal Reserve Board |
| presented by: Francesca Carapella, Federal Reserve Board |
| Monetary Conservatism, Default Risk, and Political Frictions |
| By Joost Roettger; University of Cologne |
| presented by: Joost Roettger, University of Cologne |
| Session 140: Firm Dynamics June 24, 2017 11:00 to 12:30 50 George Square: G.02 |
| Heterogeneous Investment Dynamics of Manufacturing Firms |
| By Alexandros Fakos; ITAM Tiago Tavares; CIE ITAM |
| presented by: Alexandros Fakos, ITAM |
| The Effect of Firm Entry on Capacity Utilization and Macroeconomic Productivity |
| By ANTHONY SAVAGAR; University of Kent Huw Dixon; Cardiff University |
| presented by: ANTHONY SAVAGAR, University of Kent |
| Multi-Product Firms, Import Competition, and the Evolution of Firm-product Technical Efficiencies |
| By Emmanuel Dhyne; National Bank of Belgium Amil Petrin; University of Minnesota Valerie Smeets; Aarhus University Frederic Warzynski; Aarhus University |
| presented by: Frederic Warzynski, Aarhus University |
| Session 141: Crises and Policies in Open Economies June 24, 2017 13:45 to 15:15 50 George Square: G.03 |
| Optimal Domestic (and External) Sovereign Default |
| By Enrique Mendoza; University of Pennsylvania |
| presented by: Enrique Mendoza, University of Pennsylvania |
| A Model of Financial Crises in Open Economies |
| By Luigi Bocola; Northwestern University Guido Lorenzoni; Northwestern |
| presented by: Luigi Bocola, Northwestern University |
| Optimal Debt Management |
| By Saki Bigio; UCLA Galo Nuno; Bank of Spain Juan Passadore; Einaudi Institute for Economics and Fina |
| presented by: Saki Bigio, UCLA |
| Session 142: Advances in Dynamic Trade Theory June 24, 2017 13:45 to 15:15 50 George Square: G.05 |
| Trade Integration in Colombia: A Dynamic General Equilibrium Study with New Exporter Dynamics |
| By George Alessandria; University of Rochester Oscar Avila; University of Rochester |
| presented by: George Alessandria, University of Rochester |
| Learning, Prices, and Firm Dynamics |
| By Paulo Bastos; The World Bank Daniel Dias; Board of Governors of the Federal Reserv Olga Timoshenko; The George Washington University |
| presented by: Olga Timoshenko, The George Washington University |
| Accounting for the Growth of Exporters |
| By Lukasz Drozd; Federal Reserve Bank of Philadelphia Rahul Giri; International Monetary Fund Junjie Xia; Peking University |
| presented by: Lukasz Drozd, Federal Reserve Bank of Philadelphia |
| Session 143: Macro Perspectives June 24, 2017 13:45 to 15:15 David Hume Tower: Lecture Theatre C |
| Knowledge Diffusion Within and Across Firms |
| By Kyle Herkenhoff; University of Minnesota Jeremy Lise; University of Minnesota Guido Menzio; University of Pennsylvania and NBER Gordon Phillips; Dartmouth University |
| presented by: Kyle Herkenhoff, University of Minnesota |
| Multidimensional Sorting under Random Search |
| By Ilse Lindenlaub; Yale University Fabien Postel-Vinay; University College London |
| presented by: Ilse Lindenlaub, Yale University |
| Measuring Sorting with Time-Varying Characteristics |
| By Robert Shimer; University of Chicago |
| presented by: Robert Shimer, University of Chicago |
| Session 144: Heterogeneity in Macroeconomics June 24, 2017 13:45 to 15:15 50 George Square: G.06 |
| Capitalists in the 21st Century |
| By Matthew Smith; US Dept of Treasury Danny Yagan; University of California, Berkeley Owen Zidar; University of Chicago Eric Zwick; University of Chicago |
| presented by: Owen Zidar, University of Chicago |
| Geographic Cross-Sectional Fiscal Multipliers: What Have We Learned? |
| By Gabriel Chodorow-Reich; Harvard University |
| presented by: Gabriel Chodorow-Reich, Harvard University |
| Earnings Dynamics, Mobility Costs, and Transmission of Market-Level Shocks |
| [slides] |
| By Thibaut Lamadon; University of Chicago Magne Mogstad; University of Chicago Bradley Setzler; University of Chicago |
| presented by: Thibaut Lamadon, University of Chicago |
| Session 145: Information Frictions in Macroeconomics June 24, 2017 13:45 to 15:15 50 George Square: G.04 |
| Informationally Sticky Nominal Wages |
| By Luigi Iovino; Bocconi University Jennifer La'O; Columbia University |
| presented by: Jennifer La'O, Columbia University |
| Inflation Expectations and Choices of Households: Evidence from Matched Survey and Administrative Data |
| By Nathanael Vellekoop; Goethe University Frankfurt Mirko Wiederholt; Goethe University Frankfurt |
| presented by: Mirko Wiederholt, Goethe University Frankfurt |
| Empirical Models of Inattentive Adjustment |
| By Mel Win Khaw; Columbia University Luminita Stevens; University of Maryland Michael Woodford; Columbia University |
| presented by: Luminita Stevens, University of Maryland |
| Session 146: Monetary Policy, Leverage, and Housing Markets June 24, 2017 13:45 to 15:15 David Hume Tower: LG.06 |
| Regulating Household Leverage |
| By Anthony DeFusco; Northwestern University Stephanie Johnson; Northwestern University John Mondragon; Northwestern University |
| presented by: John Mondragon, Northwestern University |
| Credit Regimes and the Seeds of Crisis |
| [slides] |
| By Nelson Lind; University of California San Diego |
| presented by: Nelson Lind, Emory University |
| Modeling House Prices |
| By Damien Gaumont; CRED Randall Wright; University of Wisconsin Yu Zhu; Bank of Canada |
| presented by: Yu Zhu, Bank of Canada |
| Session 147: Trade, Skills, and Occupations June 24, 2017 13:45 to 15:15 50 George Square: G.01 |
| Accounting for Automation and Offshoring in International Macroeconomic and Employment Dynamics |
| By Federico Mandelman; Federal Reserve Bank of Atlanta |
| presented by: Federico Mandelman, Federal Reserve Bank of Atlanta |
| Disentangling Occupation- and Sector-specific Technological Change |
| By Zsofia Barany; Sciences Po Christian Siegel; University of Kent |
| presented by: Christian Siegel, University of Kent |
| Occupations and Import Competition |
| By Sharon Traiberman; Princeton |
| presented by: Sharon Traiberman, Princeton |
| Session 148: Firm-level Productivity June 24, 2017 13:45 to 15:15 50 George Square: G.02 |
| Credit, Misallocation and Productivity Growth: A Disaggregated Analysis |
| By Felipe Meza; Instituto Tecnológico Autónomo de Méx Sangeeta Pratap; Hunter College and CUNY Graduate Center Carlos Urrutia; ITAM |
| presented by: Sangeeta Pratap, Hunter College and CUNY Graduate Center |
| Misallocation in the Presence of Multiple Production Technologies |
| By Jose Asturias; Georgetown University Jack Rossbach; Georgetown University Qatar |
| presented by: Jack Rossbach, Georgetown University Qatar |
| The Drivers of Life-cycle Growth of Manufacturing Plants |
| By Marcela Eslava; Universidad de Los Andes John Haltiwanger; University of Maryland |
| presented by: Marcela Eslava, Universidad de Los Andes |
| Session 149: Institutions and Firm Dynamics June 24, 2017 13:45 to 15:15 David Hume Tower: LG.11 |
| Tax Evasion, Firm Dynamics and Growth |
| [slides] |
| By Emmanuele Bobbio; Bank of Italy |
| presented by: Emmanuele Bobbio, Bank of Italy |
| The Impact of Contract Enforcement Costs on Outsourcing and Aggregate Productivity |
| By Johannes Boehm; Sciences Po |
| presented by: Johannes Boehm, Sciences Po |
| Taxes, Regulations of Businesses and Evolution of Income Inequality in the US |
| By Sebastian Dyrda; University of Toronto Benjamin Pugsley; Federal Reserve Bank of NY |
| presented by: Sebastian Dyrda, University of Toronto |
| Session 150: Frictions and Markets June 24, 2017 13:45 to 15:15 David Hume Tower: LG.10 |
| Economic Agents as Imperfect Problem Solvers |
| By Cosmin Ilut; Duke University Rosen Valchev; Boston College |
| presented by: Cosmin Ilut, Duke University |
| Networks, Frictions, and Price Dispersion |
| By Javier Donna Pablo Schenone; Arizona State University Gregory Veramendi; Arizona State University |
| presented by: Gregory Veramendi, Arizona State University |
| Matching with Frictions and Entry with Poisson Distributed Buyers and Sellers. |
| By Peter Norman; University of North Carolina Chapel Hill |
| presented by: Peter Norman, University of North Carolina Chapel Hill |
| Session 151: Bank Panic and Propagation June 24, 2017 13:45 to 15:15 David Hume Tower: Lecture Theatre B |
| Bank Panics with Scale Economies |
| By David Andolfatto; Federal Reserve Bank of St. Louis |
| presented by: David Andolfatto, Federal Reserve Bank of St. Louis |
| Contagion via Financial Intermediaries in Pre-1914 Sovereign Debt Markets |
| [slides] |
| By Sasha Indarte; Northwestern University |
| presented by: Sasha Indarte, Northwestern University |
| Panic and Propagation in 1873 |
| By Dan Ladley; Department of Economics Peter Rousseau; Vanderbilt University |
| presented by: Peter Rousseau, Vanderbilt University |
| Session 152: Unconventional Monetary Policy June 24, 2017 13:45 to 15:15 50 George Square: 1.06 |
| On the Theoretical Efficacy of Quantitative Easing at the Zero Lower Bound |
| By Paola Boel; Sveriges Riksbank Christopher Waller; Federal Reserve Bank of St. Lousi |
| presented by: Paola Boel, Sveriges Riksbank |
| A shadow rate New Keynesian model |
| By Jing Cynthia Wu; University of Chicago Ji Zhang; Tsinghua University |
| presented by: Ji Zhang, Tsinghua University |
| Should Unconventional Monetary Policies Become Conventional? |
| By Dominic Quint; Deutsche Bundesbank Pau Rabanal; IMF |
| presented by: Dominic Quint, Deutsche Bundesbank |
| Session 153: Income Risk and Insurance June 24, 2017 13:45 to 15:15 David Hume Tower: LG.08 |
| Asymmetries in Earnings, Employment and Wage Risk in Great Britain |
| By Konstantinos Angelopoulos; University of Glasgow Spyridon Lazarakis; University of Glasgow James Malley; University of Glasgow and CESifo |
| presented by: Spyridon Lazarakis, University of Glasgow |
| The Distributions of Income and Consumption Risk: Evidence from Norwegian Registry Data |
| By Elin Halvorsen; Statistics Norway Hans Holter; University of Oslo Serdar Ozkan; University of Toronto Kjetil Storesletten; University of Oslo |
| presented by: Hans Holter, University of Oslo |
| How Much Consumption Insurance in the U.S.? |
| By Dmytro Hryshko; University of Alberta Iourii Manovskii; University of Pennsylvania |
| presented by: Dmytro Hryshko, University of Alberta |
| Session 154: Labor Markets and Business Cycles June 24, 2017 13:45 to 15:15 David Hume Tower: LG.09 |
| Labor Market Institutions and the Cost of Recessions |
| By Tom Krebs; University of Mannheim Martin Scheffel; University of Cologne |
| presented by: Martin Scheffel, University of Cologne |
| Skills, Occupations, and the Allocation of Talent over the Business Cycle |
| By Maximiliano Dvorkin; Federal Reserve Bank of St. Louis |
| presented by: Maximiliano Dvorkin, Federal Reserve Bank of St. Louis |
| Large Recessions in an Overlapping Generations with Unemployment |
| By Aubhik Khan; Ohio State University |
| presented by: Aubhik Khan, Ohio State University |
| Session 155: Trade Dynamics and Linkages June 24, 2017 15:45 to 17:15 50 George Square: G.01 |
| The Global Trade Slowdown: A Dynamic Approach |
| By George Alessandria; University of Rochester Carter Mix; University of Rochester |
| presented by: Carter Mix, University of Rochester |
| Capital Accumulation and Dynamic Gains from Trade |
| By B Ravikumar; Federal Reserve Bank of St Louis Ana Maria Santacreu; St. Louis Fed Michael Sposi; Federal Reserve Bank of Dallas |
| presented by: B Ravikumar, Federal Reserve Bank of St Louis |
| International Value-Added Linkages in Development Accounting |
| [slides] |
| By Alejandro Cunat; University of Vienna Robert Zymek; University of Edinburgh |
| presented by: Robert Zymek, University of Edinburgh |
| Session 156: The Rise of Student Debt June 24, 2017 15:45 to 17:15 David Hume Tower: LG.06 |
| Job Search under Debt: Aggregate Implications of Student Loans |
| By Yan Ji; Massachusetts Institute of Technology |
| presented by: Yan Ji, Hong Kong University of Science and Technology |
| The Housing Crisis and the Rise in Student Loans |
| By Gene Amromin; Federal Reserve Bank of Chicago Janice Eberly; Northwestern University John Mondragon; Northwestern University |
| presented by: Gene Amromin, Federal Reserve Bank of Chicago |
| Accounting for Tuition Increases at U.S. Colleges |
| By Grey Gordon; Indiana University Aaron Hedlund; University of Missouri |
| presented by: Grey Gordon, Indiana University |
| Session 157: Macroeconomic Fluctuations June 24, 2017 15:45 to 17:15 David Hume Tower: LG.10 |
| Demand-driven Propagation: Evidence from the Great Recession |
| By Ha Nguyen; The World Bank |
| presented by: Ha Nguyen, The World Bank |
| The Migration Accelerator: Labor Mobility, Housing, and Aggregate Demand |
| By Gregory Howard; MIT |
| presented by: Gregory Howard, MIT |
| The Fiscal Multiplier |
| By Marcus Hagedorn; University of Oslo Iourii Manovskii; University of Pennsylvania Kurt Mitman; Stockholm University |
| presented by: Kurt Mitman, Stockholm University |
| Session 158: Banking June 24, 2017 15:45 to 17:15 David Hume Tower: Lecture Theatre B |
| ON RRP and Stability of the Tri-party Market |
| By Borghan Narajabad; Federal Reserve Board |
| presented by: Borghan Narajabad, Federal Reserve Board |
| Taking Orders and Taking Notes: Dealer Information Sharing in Treasury Markets |
| [slides] |
| By Nina Boyarchenko; Federal Reserve Bank of New York David Lucca; Federal Reserve Bank of New York Laura Veldkamp; New York University |
| presented by: Laura Veldkamp, New York University |
| Optimal Regulation of Financial Intermediaries |
| By Sebastian Di Tella; Stanford GSB |
| presented by: Sebastian Di Tella, Stanford GSB |
| Session 159: Labor Force Participation June 24, 2017 15:45 to 17:15 David Hume Tower: Lecture Theatre C |
| Labor Supply in the Future: Who Will Work? |
| By Timo Boppart; IIES, Stockholm University Per Krusell; Stockholm University Jonna Olsson; IIES, Stockholm University |
| presented by: Timo Boppart, IIES, Stockholm University |
| Engines of Leisure |
| By Benjamin Bridgman; U.S. Bureau of Economic Analysis |
| presented by: Benjamin Bridgman, U.S. Bureau of Economic Analysis |
| How Has Job Polarization Contributed to the Increase in Non-Participation of Prime-Age Men? |
| By Didem Tuzemen; Federal Reserve Bank of Kansas City Jonathan Willis; Federal Reserve Bank of Kansas City |
| presented by: Didem Tuzemen, Federal Reserve Bank of Kansas City |
| Session 160: Inequality and Asset Prices June 24, 2017 15:45 to 17:15 David Hume Tower: LG.08 |
| Wealth and Income Inequality in America, 1949-2013 |
| By Moritz Kuhn; University of Bonn Moritz Schularick; University of Bonn Ulrike Steins; University of Bonn |
| presented by: Moritz Kuhn, University of Bonn |
| Income Inequality and Asset Prices |
| By Agnieszka Markiewicz; Erasmus University Rotterdam |
| presented by: Agnieszka Markiewicz, Erasmus University Rotterdam |
| Asset Prices and Wealth Inequality |
| By Matthieu Gomez; Princeton University |
| presented by: Matthieu Gomez, Princeton University |
| Session 161: International Prices June 24, 2017 15:45 to 17:15 50 George Square: G.03 |
| International Inflation Spillovers Through Input Linkages |
| By Raphael Auer; Bank for International Settlements Andrei Levchenko; University of Michigan Philip Sauré; Swiss National Bank |
| presented by: Philip Sauré, Swiss National Bank |
| Global Trade and the Dollar |
| By Emine Boz; International Monetary Fund Gita Gopinath; Harvard Mikkel Plagborg-Moller; Harvard University |
| presented by: Mikkel Plagborg-Moller, Harvard University |
| Real Exchange Rates, Income per Capita, and Sectoral Input Multipliers |
| By Javier Cravino; University of Michigan |
| presented by: Javier Cravino, University of Michigan |
| Session 162: Innovation in the U.S. Economy June 24, 2017 15:45 to 17:15 David Hume Tower: LG.11 |
| An Endogenous Growth Model with a Health Sector |
| By Jesus Fernandez-Villaverde; University of Pennsylvania Dirk Krueger; University of Pennsylvania Alexander Ludwig; Research Center SAFE, Goethe University Matthias Schön; Deutsche Bundesbank |
| presented by: Matthias Schön, Deutsche Bundesbank |
| Wage Stickiness During the Great Recession |
| By John Grigsby; University of Chicago Erik Hurst; University of Chicago |
| presented by: John Grigsby, University of Chicago |
| A Take of Two Americas: the Evolution of Innovation Networks across US Cities |
| By Alessandra Fogli; Minneapolis Federal Reserve Bank Hyunju Lee; University of Minnesota |
| presented by: Alessandra Fogli, Minneapolis Federal Reserve Bank |
| Session 163: Central Bank Communication and Expectations June 24, 2017 15:45 to 17:15 50 George Square: 1.06 |
| Inflation Expectations and Monetary Policy Surprises |
| By Elena Andreou; University of Cyprus Snezana Eminidou; University of Cyprus Marios Zachariadis; University of Cyprus |
| presented by: Marios Zachariadis, University of Cyprus |
| Communicating Monetary Policy Rules |
| By Troy Davig; Federal Reserve Bank of Kansas City Andrew Foerster; Federal Reserve Bank of Kansas City |
| presented by: Andrew Foerster, Federal Reserve Bank of Kansas City |
| Central Bank Communication and the Yield Curve |
| By Matteo Leombroni; Stanford Andrea Vedolin; London School of Economics Gyuri Venter; Copenhagen Business School Paul Whelan; Copenhagen Business School |
| presented by: Gyuri Venter, Copenhagen Business School |
| Session 164: Asset Prices and Information June 24, 2017 15:45 to 17:15 50 George Square: G.04 |
| Market Power and Informational Efficiency |
| By Marcin Kacperczyk; Imperial College London Jaromir Nosal; Boston College Savitar Sundaresan; Columbia University |
| presented by: Jaromir Nosal, Boston College |
| Information Aggregation in Dynamic Markets with Adverse Selection |
| By Vladimir Asriyan; CREi, UPF, and Barcelona GSE |
| presented by: Vladimir Asriyan, CREi, UPF, and Barcelona GSE |
| Risk-taking, Rent-seeking and Investment when Financial Markets are Noisy |
| By Elias Albagli; Central Bank of Chile Christian Hellwig; Toulouse School of Economics Aleh Tsyvinski; Yale University |
| presented by: Christian Hellwig, Toulouse School of Economics |
| Session 165: Structural IO II June 24, 2017 15:45 to 17:15 50 George Square: G.02 |
| Identifying Agent's Information Sets: an Application to a Lifecycle Model of Schooling, Consumption and Labor Supply |
| By Salvador Navarro; University of Western Ontario Jin Zhou; University of Chicago |
| presented by: Jin Zhou, University of Chicago |
| Could Vertical Integration Increase Innovation? |
| By Chenyu Yang; University of Rochester |
| presented by: Chenyu Yang, University of Rochester |
| The Collusive Effect of Multimarket Contact on Prices: Evidence from Retail Lumber Markets |
| By Ahmed Khwaja; Yale University Beomjoon Shim; Yale University |
| presented by: Ahmed Khwaja, Yale University |
| Session 166: Business Cycles June 24, 2017 15:45 to 17:15 David Hume Tower: LG.09 |
| Putting the Cycle Back into Business Cycle Analysis |
| By Paul Beaudry; University of British Columbia Dana Galizia; Carleton University Franck Portier; Toulouse School of Economics |
| presented by: Franck Portier, Toulouse School of Economics |
| Default Cycles |
| By Wei Cui; University College London Leo Kaas; University of Konstanz |
| presented by: Leo Kaas, University of Konstanz |
| Tuning in RBC Growth Spectra |
| By Szilard Benk; Magyar Nemzeti Bank Tamas Csabafi; University of Missouri, St Louis Jing Dang; SGCC, China Max Gillman; University of Missouri at St Louis Michal Kejak; CERGE-EI |
| presented by: Max Gillman, University of Missouri at St Louis |
| Session 167: Income Inequality June 24, 2017 15:45 to 17:15 50 George Square: G.06 |
| Inequality in an OLG Economy with Heterogeneous Cohorts and Pension Systems |
| By Marcin Bielecki; University of Warsaw and Narodowy Bank Polski Krzysztof Makarski; Warsaw School of Economics and Narodowy Bank Polski Joanna Tyrowicz; National Bank of Poland Marcin Waniek; University of Warsaw |
| presented by: Krzysztof Makarski, Warsaw School of Economics and Narodowy Bank Polski |
| Income Inequality, Financial Crises and Monetary Policy |
| By Jae Sim; Federal Reserve Board Isabel Cairo; Board of Governors of the Federal Reserve System |
| presented by: Jae Sim, Federal Reserve Board |
| The Rise of Meritocracy and the Inheritance of Advantage |
| By David Comerford; University of Strathclyde Jose V. Rodriguez Mora; University of Edinburgh Michael Watts; University of Edinburgh |
| presented by: Jose V. Rodriguez Mora, University of Edinburgh |
| Session 168: Geography and Labor Markets June 24, 2017 15:45 to 17:15 50 George Square: G.05 |
| Educational Quality along Multiple Dimensions: A Cross-Country Analysis |
| By Chong Xiang; Purdue University Stephen Yeaple; Pennsylvania State University |
| presented by: Stephen Yeaple, Pennsylvania State University |
| Wage inequality and the Location of Cities |
| By Farid Farrokhi; Purdue University David Jinkins; Copenhagen Business School |
| presented by: David Jinkins, Copenhagen Business School |
| Greenfield Hires |
| By Ragnhild Balsvik; Norwegian School of Economics Doireann Fitzgerald; Federal Reserve Bank of Minneapolis Stefanie Haller; University College Dublin |
| presented by: Stefanie Haller, University College Dublin |
| # | Participant | Roles in Conference |
|---|---|---|
| 1 | Abbott, Brant | P119 |
| 2 | Abraham, Arpad | P70 |
| 3 | Adamopoulos, Tasso | P121 |
| 4 | Adao, Rodrigo | P17 |
| 5 | Afanasyeva, Elena | P79 |
| 6 | Aizawa, Naoki | P38 |
| 7 | Akcigit, Ufuk | P57 |
| 8 | Akin, Nuray | P70 |
| 9 | Albanesi, Stefania | P95 |
| 10 | Alder, Simon | P81 |
| 11 | Alessandria, George | P142 |
| 12 | Alvarez, Jorge | P121 |
| 13 | Amador, Manuel | P50 |
| 14 | Amaral, Pedro | P122 |
| 15 | Amberger, Korie | P69 |
| 16 | Amir-Ahmadi, Pooyan | P28 |
| 17 | Amromin, Gene | P156 |
| 18 | Andolfatto, David | P151 |
| 19 | Argente, David | P90 |
| 20 | Arkolakis, Costas | P19 |
| 21 | Armenter, Roc | P86 |
| 22 | Asriyan, Vladimir | P164 |
| 23 | Azzimonti, Marina | P102 |
| 24 | Babus, Ana | P15 |
| 25 | Bacchetta, Philippe | P77 |
| 26 | Bachmann, Ruediger | P127 |
| 27 | Baley, Isaac | P24 |
| 28 | Baqaee, David | P130 |
| 29 | Barlevy, Gadi | P88 |
| 30 | Barrero, Jose Maria | P6 |
| 31 | Baskaya, Yusuf Soner | P75 |
| 32 | Baslandze, Salome | P81 |
| 33 | Bassetto, Marco | P12 |
| 34 | Baxter, Marianne | P67 |
| 35 | Benetton, Matteo | P106 |
| 36 | Benghalem, Helene | P13 |
| 37 | Beraja, Martin | P14 |
| 38 | Berger, David | P44 |
| 39 | Bernard, Andrew | P2 |
| 40 | Bethune, Zachary | P110 |
| 41 | Betts, Caroline | P42 |
| 42 | Bhamra, Harjoat | P131 |
| 43 | Bianchi, Javier | P39 |
| 44 | Bianchi, Daniele | P107 |
| 45 | Bianchi, Francesco | P16 |
| 46 | Bick, Alexander | P5 |
| 47 | Bickmann, Marius | P101 |
| 48 | Bigio, Saki | P141 |
| 49 | Bilal, Mohsan | P131 |
| 50 | Bils, Mark | P46 |
| 51 | Blanco, Julio | P122 |
| 52 | Blaum, Joaquin | P21 |
| 53 | Boar, Corina | P138 |
| 54 | Bobbio, Emmanuele | P149 |
| 55 | Bocola, Luigi | P141 |
| 56 | Boehm, Johannes | P149 |
| 57 | Boel, Paola | P152 |
| 58 | Boler, Esther | P2 |
| 59 | Boppart, Timo | P159 |
| 60 | Borovicka, Jaroslav | P30 |
| 61 | Borri, Nicola | P92 |
| 62 | Bouakez, Hafedh | P56 |
| 63 | Boyarchenko, Nina | P28 |
| 64 | Bracke, Philippe | P123 |
| 65 | Braun, Christine | P51 |
| 66 | Bretscher, Lorenzo | P78 |
| 67 | Bridgman, Benjamin | P159 |
| 68 | Bruegemann, Bjoern | P97 |
| 69 | Buera, Francisco | P60 |
| 70 | Burstein, Ariel | P47 |
| 71 | Caggese, Andrea | P110 |
| 72 | Caines, Colin | P123 |
| 73 | Campbell, Jeffrey | P56 |
| 74 | Cao, Dan | P119 |
| 75 | Carapella, Francesca | P139 |
| 76 | Carrillo, Julio | P63 |
| 77 | Carvalho, Vasco | P2 |
| 78 | Caunedo, Julieta | P121 |
| 79 | Chade, Hector | P10 |
| 80 | Chahrour, Ryan | P69 |
| 81 | Charnavoki, Valery | P23 |
| 82 | Chatterjee, Satyajit | P139 |
| 83 | Chen, Chaoran | P33 |
| 84 | Chen, Kaiji | P16 |
| 85 | Chodorow-Reich, Gabriel | P144 |
| 86 | Cieslak, Anna | P92 |
| 87 | Claveres, Guillaume | P13 |
| 88 | Clementi, Gian Luca | P35 |
| 89 | Coen-Pirani, Daniele | P135 |
| 90 | Cole, Harold | P137 |
| 91 | Cooper, Russell | P127 |
| 92 | Corbae, Dean | P117 |
| 93 | Cravino, Javier | P161 |
| 94 | Crouzet, Nicolas | P72 |
| 95 | Cui, Wei | P34 |
| 96 | da Costa, Carlos | P85 |
| 97 | Daruich, Diego | P120 |
| 98 | Dasgupta, Kunal | P86 |
| 99 | David, Joel | P127 |
| 100 | Davis, Scott | P50 |
| 101 | Davydiuk, Tetiana | P133 |
| 102 | de Ferra, Sergio | P77 |
| 103 | De Fiore, Fiorella | P125 |
| 104 | de la Croix, David | P36 |
| 105 | De Leo, Pierre | P9 |
| 106 | De Nardi, Mariacristina | P37 |
| 107 | Dedola, Luca | P113 |
| 108 | Defever, Fabrice | P42 |
| 109 | Di Tella, Sebastian | P158 |
| 110 | Dogra, Keshav | P25 |
| 111 | Dong, Feng | P96 |
| 112 | Donovan, Kevin | P64 |
| 113 | Doppelt, Ross | P24 |
| 114 | Dovis, Alessandro | P113 |
| 115 | Drenik, Andres | P3 |
| 116 | Drozd, Lukasz | P142 |
| 117 | Duarte, Fernando | P88 |
| 118 | Dupraz, Stephane | P53 |
| 119 | Dvorkin, Maximiliano | P154 |
| 120 | Dyrda, Sebastian | P149 |
| 121 | Eckert, Fabian | P67 |
| 122 | Eden, Benjamin | P68 |
| 123 | Eeckhout, Jan | P18 |
| 124 | Ehrenfried, Felix | P97 |
| 125 | Eisenbach, Thomas | P43 |
| 126 | Engbom, Niklas | P135 |
| 127 | Erol, Selman | P133 |
| 128 | Eslava, Marcela | P148 |
| 129 | Evans, David | P1 |
| 130 | Evans, George | P41 |
| 131 | Faberman, Jason | P36 |
| 132 | Faccini, Renato | P51 |
| 133 | Fagereng, Andreas | P26 |
| 134 | Fakos, Alexandros | P140 |
| 135 | Fally, Thibault | P128 |
| 136 | Fanelli, Sebastian | P50 |
| 137 | Farhi, Emmanuel | P112 |
| 138 | Faria-e-Castro, Miguel | P26 |
| 139 | Feng, Zhigang | P27 |
| 140 | Fernald, John | P95 |
| 141 | Fernandez-Blanco, Javier | P11 |
| 142 | Fernandez-Villaverde, Jesus | P14 |
| 143 | Ferriere, Axelle | P1 |
| 144 | Fieler, Ana Cecilia | P29 |
| 145 | FIGUEIREDO, ANA | P64 |
| 146 | Fitzgerald, Doireann | P132 |
| 147 | Foerster, Andrew | P163 |
| 148 | Fogli, Alessandra | P162 |
| 149 | Fornaro, Luca | P56 |
| 150 | Freixas, Xavier | P134 |
| 151 | French, Eric | P120 |
| 152 | Fuchs, William | P58 |
| 153 | Fuchs-Schündeln, Nicola | P138 |
| 154 | Gaillard, Alexandre | P72 |
| 155 | García-Santana, Manuel | P22 |
| 156 | Garetto, Stefania | P115 |
| 157 | Gautier, Pieter | P51 |
| 158 | Geerolf, Francois | P30 |
| 159 | Gervais, Martin | P126 |
| 160 | Giannone, Elisa | P84 |
| 161 | Giglio, Stefano | P59 |
| 162 | Gihleb, Rania | P18 |
| 163 | Gillman, Max | P166 |
| 164 | Goenka, Aditya | P109 |
| 165 | Golosov, Mikhail | P88 |
| 166 | Gomez, Matthieu | P160 |
| 167 | Gordon, Grey | P156 |
| 168 | Gottardi, Piero | P125 |
| 169 | Gourio, Francois | P59 |
| 170 | Grassi, Basile | P48 |
| 171 | Greenwald, Daniel | P31 |
| 172 | Grigsby, John | P162 |
| 173 | Grill, Michael | P103 |
| 174 | Grochulski, Borys | P62 |
| 175 | Grossmann, Volker | P136 |
| 176 | Guerrieri, Veronica | P84 |
| 177 | Guren, Adam | P31 |
| 178 | Hagedorn, Marcus | P65 |
| 179 | Haller, Stefanie | P168 |
| 180 | Hanlon, William | P17 |
| 181 | Hansen, Gary | P37 |
| 182 | Hatchondo, Juan | P108 |
| 183 | Head, Allen | P136 |
| 184 | Heathcote, Jonathan | P62 |
| 185 | Heise, Sebastian | P118 |
| 186 | Hellwig, Christian | P164 |
| 187 | Herbst, Edward | P16 |
| 188 | Herkenhoff, Kyle | P143 |
| 189 | Herrendorf, Berthold | P83 |
| 190 | Herrington, Christopher | P126 |
| 191 | Herskovic, Bernard | P80 |
| 192 | Hitzemann, Steffen | P23 |
| 193 | Hodor, Idan | P131 |
| 194 | Holmes, Thomas | P86 |
| 195 | Holter, Hans | P153 |
| 196 | Hopenhayn, Hugo A. | P7 |
| 197 | Hosseini, Roozbeh | P74 |
| 198 | Howard, Gregory | P157 |
| 199 | Hryshko, Dmytro | P153 |
| 200 | Huang, Jingong | P7 |
| 201 | Hull, Isaiah | P52 |
| 202 | Huo, Zhen | P129 |
| 203 | Ilut, Cosmin | P150 |
| 204 | Imrohoroglu, Selahattin | P41 |
| 205 | Indarte, Sasha | P151 |
| 206 | Iovino, Luigi | P124 |
| 207 | Javorcik, Beata | P115 |
| 208 | Ji, Yan | P156 |
| 209 | Jinkins, David | P168 |
| 210 | Joensen, Juanna | P80 |
| 211 | Jorda, Oscar | P45 |
| 212 | Juhasz, Reka | P105 |
| 213 | Jurado, Kyle | P114 |
| 214 | Juselius, Mikael | P45 |
| 215 | Justiniano, Alejandro | P61 |
| 216 | Kaas, Leo | P166 |
| 217 | Kaboski, Joseph | P93 |
| 218 | Kambourov, Gueorgui | P74 |
| 219 | Kapicka, Marek | P62 |
| 220 | Kaplan, Greg | P61 |
| 221 | Karabarbounis, Loukas | P120 |
| 222 | Karabarbounis, Marios | P61 |
| 223 | Karadi, Peter | P14 |
| 224 | Karahan, Fatih | P52 |
| 225 | Karantounias, Anastasios | P7 |
| 226 | Kehoe, Timothy | P67 |
| 227 | Kehrig, Matthias | P48 |
| 228 | Keister, Todd | P73 |
| 229 | Kennan, John | P37 |
| 230 | Khan, Aubhik | P154 |
| 231 | Khwaja, Ahmed | P165 |
| 232 | Kilic, Mete | P59 |
| 233 | Kim, Jinill | P52 |
| 234 | Kircher, Philipp | P126 |
| 235 | Kiyotaki, Nobuhiro | P84 |
| 236 | Kohn, David | P9 |
| 237 | Kollmann, Robert | P100 |
| 238 | Kondor, Peter | P15 |
| 239 | Kovrijnykh, Natalia | P117 |
| 240 | Kozlowski, Julian | P122 |
| 241 | Krolikowski, Pawel | P22 |
| 242 | Kudlyak, Marianna | P69 |
| 243 | Kuhn, Moritz | P160 |
| 244 | Kurlat, Pablo | P58 |
| 245 | Kurmann, Andre | P114 |
| 246 | Kurtzman, Robert | P87 |
| 247 | La'O, Jennifer | P145 |
| 248 | Lamadon, Thibaut | P144 |
| 249 | Lamba, Rohit | P10 |
| 250 | Lazarakis, Spyridon | P153 |
| 251 | Le Grand, Francois | P102 |
| 252 | Leibovici, Fernando | P23 |
| 253 | Lein, Sarah | P21 |
| 254 | Lester, Benjamin | P15 |
| 255 | Lewellen, Stefan | P40 |
| 256 | Lewis, Logan | P33 |
| 257 | Li, Huiyu | P90 |
| 258 | Li, Kai | P103 |
| 259 | Li, Wenli | P109 |
| 260 | Li, Jun | P40 |
| 261 | Lian, Chen | P124 |
| 262 | Lim, Kevin | P130 |
| 263 | Lin, Xiaoji | P79 |
| 264 | Lind, Nelson | P146 |
| 265 | Lindenlaub, Ilse | P143 |
| 266 | Lise, Jeremy | P99 |
| 267 | Liu, Guangling | P100 |
| 268 | Liu, Yanping | P75 |
| 269 | Low, Hamish | P138 |
| 270 | Lu, Jianyu | P5 |
| 271 | Luetticke, Ralph | P123 |
| 272 | Luo, Ding | P28 |
| 273 | Lustig, Hanno | P30 |
| 274 | Luttmer, Erzo | P57 |
| 275 | Macaluso, Claudia | P24 |
| 276 | Macnamara, Patrick | P87 |
| 277 | Makarski, Krzysztof | P167 |
| 278 | Malamud, Semyon | P12 |
| 279 | Mandelman, Federico | P147 |
| 280 | Manovskii, Iourii | P76 |
| 281 | Manuelli, Rodolfo | P109 |
| 282 | Marchuk, Tatyana | P89 |
| 283 | Marfè, Roberto | P89 |
| 284 | Marimon, Ramon | P13 |
| 285 | Mariscal, Asier | P8 |
| 286 | Markiewicz, Agnieszka | P160 |
| 287 | Martin, Alberto | P96 |
| 288 | Martinez, Leonardo | P26 |
| 289 | Masolo, Riccardo Maria | P124 |
| 290 | Matthes, Christian | P6 |
| 291 | Mayr, Lukas | P74 |
| 292 | Maziero, Pricila | P39 |
| 293 | McGrattan, Ellen | P105 |
| 294 | Mehrotra, Neil | P32 |
| 295 | Melosi, Leonardo | P25 |
| 296 | Mendes Tavares, Marina | P55 |
| 297 | Mendoza, Enrique | P141 |
| 298 | Mertens, Thomas | P3 |
| 299 | Mestieri, Marti | P128 |
| 300 | Michaud, Amanda | P27 |
| 301 | Midrigan, Virgiliu | P54 |
| 302 | Mitman, Kurt | P157 |
| 303 | Mix, Carter | P155 |
| 304 | Moen, Espen R | P49 |
| 305 | Mondragon, John | P146 |
| 306 | Monge-Naranjo, Alexander | P93 |
| 307 | Mongey, Simon | P60 |
| 308 | Moore, John | P4 |
| 309 | Morales, Gonzalo | P78 |
| 310 | Morales-Jimenez, Camilo | P6 |
| 311 | Moro, Andrea | P94 |
| 312 | Nagy, David | P17 |
| 313 | Naknoi, Kanda | P108 |
| 314 | Narajabad, Borghan | P158 |
| 315 | Nath, Anusha | P81 |
| 316 | Ngai, Rachel | P5 |
| 317 | Nguyen, Ha | P157 |
| 318 | Nicolini, Juan Pablo | P111 |
| 319 | Nikolov, Kalin | P103 |
| 320 | Nikolov, Boris | P40 |
| 321 | Nimark, Kristoffer | P129 |
| 322 | Nistico, Salvatore | P111 |
| 323 | Norman, Peter | P150 |
| 324 | Nosal, Jaromir | P164 |
| 325 | Oberfield, Ezra | P46 |
| 326 | Oldenski, Lindsay | P115 |
| 327 | Olsen, Morten | P119 |
| 328 | Ordonez, Guillermo | P58 |
| 329 | Oswald, Florian | P54 |
| 330 | Paluszynski, Radek | P137 |
| 331 | Panageas, Stavros | P4 |
| 332 | Pandalai Nayar, Nitya | P63 |
| 333 | Papageorgiou, Theodore | P8 |
| 334 | Park, Yena | P1 |
| 335 | Park, JungJae | P92 |
| 336 | Park, Youngmin | P80 |
| 337 | Parlatore, Cecilia | P4 |
| 338 | Parlour, Christine | P117 |
| 339 | Parro, Fernando | P29 |
| 340 | Perez-Orive, Ander | P87 |
| 341 | Peri, Alessandro | P70 |
| 342 | Peters, Michael | P71 |
| 343 | Petrosky-Nadeau, Nicolas | P18 |
| 344 | Pfeiffer, Philipp | P95 |
| 345 | Phelan, Christopher | P137 |
| 346 | Piguillem, Facundo | P104 |
| 347 | Plagborg-Moller, Mikkel | P161 |
| 348 | Ponzetto, Giacomo | P20 |
| 349 | Portier, Franck | P166 |
| 350 | Potlogea, Andrei | P98 |
| 351 | Pratap, Sangeeta | P148 |
| 352 | Priftis, Romanos | P39 |
| 353 | Primiceri, Giorgio | P76 |
| 354 | Pugsley, Benjamin | P35 |
| 355 | Pujolas, Pau | P128 |
| 356 | Pyun, Ju Hyun | P100 |
| 357 | Quadrini, Vincenzo | P134 |
| 358 | Quint, Dominic | P152 |
| 359 | Ramondo, Natalia | P47 |
| 360 | Rappoport, Veronica | P132 |
| 361 | Ratner, David | P97 |
| 362 | Rauh, Christopher | P11 |
| 363 | Ravikumar, B | P155 |
| 364 | Ravn, Morten | P32 |
| 365 | Rebucci, Alessandro | P65 |
| 366 | Reguant, Mar | P116 |
| 367 | Restrepo-Echavarria, Paulina | P49 |
| 368 | Restuccia, Diego | P33 |
| 369 | Reyes-Heroles, Ricardo | P105 |
| 370 | Ripoll, Marla | P94 |
| 371 | Robatto, Roberto | P53 |
| 372 | Rodriguez Mora, Jose V. | P167 |
| 373 | Rodriguez-Clare, Andres | P29 |
| 374 | Roettger, Joost | P139 |
| 375 | Rognlie, Matthew | P32 |
| 376 | Roldan, Pau | P68 |
| 377 | Rondina, Giacomo | P129 |
| 378 | Rossbach, Jack | P148 |
| 379 | Rousseau, Peter | P151 |
| 380 | Roys, Nicolas | P91 |
| 381 | Rudanko, Leena | P53 |
| 382 | Rupert, Peter | P101 |
| 383 | Saffie, Felipe | P72 |
| 384 | Safonova, Dasha | P106 |
| 385 | Sanchez Marcos, Virginia | P94 |
| 386 | Santacreu, Ana Maria | P47 |
| 387 | Sapriza, Horacio | P77 |
| 388 | Sauré, Philip | P161 |
| 389 | SAVAGAR, ANTHONY | P140 |
| 390 | Schaefer, Daniel | P91 |
| 391 | Schön, Matthias | P162 |
| 392 | Scheffel, Martin | P154 |
| 393 | Schlagenhauf, Don | P54 |
| 394 | Schmid, Lukas | P104 |
| 395 | Schoellman, Todd | P93 |
| 396 | Schreger, Jesse | P3 |
| 397 | Schroth, Josef | P133 |
| 398 | Scott, Paul | P116 |
| 399 | Seneca, Martin | P25 |
| 400 | Senga, Tatsuro | P118 |
| 401 | Setty, Ofer | P79 |
| 402 | Sheremirov, Viacheslav | P75 |
| 403 | Shi, Shouyong | P99 |
| 404 | Shimer, Robert | P143 |
| 405 | Shin, Yongseok | P66 |
| 406 | Short, Jacob | P66 |
| 407 | Siegel, Christian | P147 |
| 408 | Siena, Daniele | P63 |
| 409 | Silos, Pedro | P135 |
| 410 | Silva, Andre | P12 |
| 411 | Sim, Jae | P167 |
| 412 | Siow, Aloysius | P49 |
| 413 | Siu, Henry | P91 |
| 414 | Sleet, Christopher | P85 |
| 415 | Smith, Anthony | P55 |
| 416 | Sokol, Andrej | P65 |
| 417 | Sorensen, Bent | P132 |
| 418 | Sosa-Padilla, Cesar | P98 |
| 419 | Spiganti, Alessandro | P55 |
| 420 | Sposi, Michael | P8 |
| 421 | Stantcheva, Stefanie | P112 |
| 422 | Stefanski, Radek | P83 |
| 423 | Steinberg, Joseph | P22 |
| 424 | Sterk, Vincent | P48 |
| 425 | Stevens, Luminita | P145 |
| 426 | Stokey, Nancy L | P19 |
| 427 | Sultanum, Bruno | P134 |
| 428 | Sun, Bo | P20 |
| 429 | Sun, Hongfei | P125 |
| 430 | Szydlowski, Martin | P20 |
| 431 | Tambalotti, Andrea | P76 |
| 432 | Tang, Xin | P98 |
| 433 | Taschereau-Dumouchel, Mathieu | P130 |
| 434 | Thomas, Julia | P57 |
| 435 | Thompson, Benjamin | P38 |
| 436 | Timoshenko, Olga | P142 |
| 437 | Tintelnot, Felix | P116 |
| 438 | Tonetti, Christopher | P19 |
| 439 | Tourre, Fabrice | P108 |
| 440 | Trachter, Nicholas | P34 |
| 441 | Traiberman, Sharon | P147 |
| 442 | Tuzemen, Didem | P159 |
| 443 | Udry, Christopher | P46 |
| 444 | Valchev, Rosen | P10 |
| 445 | Valentinyi, Akos | P83 |
| 446 | Van Nieuwerburgh, Stijn | P31 |
| 447 | Van Tassel, Peter | P43 |
| 448 | Vavra, Joseph | P44 |
| 449 | Vedolin, Andrea | P89 |
| 450 | Velde, Francois | P111 |
| 451 | Veldkamp, Laura | P158 |
| 452 | Venter, Gyuri | P163 |
| 453 | Veracierto, Marcelo | P27 |
| 454 | Veramendi, Gregory | P150 |
| 455 | Vereshchagina, Galina | P82 |
| 456 | Verma, Rubina | P64 |
| 457 | Verner, Emil | P45 |
| 458 | Vogel, Jonathan | P71 |
| 459 | Waddle, Andrea | P42 |
| 460 | Wagner, Christian | P43 |
| 461 | Walker, Todd | P114 |
| 462 | Wang, Yikai | P99 |
| 463 | Wang, Yin-Chi | P101 |
| 464 | Warzynski, Frederic | P140 |
| 465 | Waugh, Mike | P71 |
| 466 | Webb, Michael | P90 |
| 467 | Weber, Michael | P107 |
| 468 | Weinberger, Ariel | P118 |
| 469 | Weinzierl, Matthew | P112 |
| 470 | Wiczer, David | P38 |
| 471 | Wiederholt, Mirko | P145 |
| 472 | Wieland, Johannes | P21 |
| 473 | Willis, Jonathan | P35 |
| 474 | Winberry, Thomas | P60 |
| 475 | Wong, Russell | P34 |
| 476 | Wong, Arlene | P68 |
| 477 | Worrall, Tim | P11 |
| 478 | Wright, Mark | P113 |
| 479 | Xiao, Sylvia | P106 |
| 480 | Yang, Fang | P36 |
| 481 | Yang, Chenyu | P165 |
| 482 | Yaron, Amir | P107 |
| 483 | Yazici, Hakki | P85 |
| 484 | Yeaple, Stephen | P168 |
| 485 | Yeltekin, Sevin | P102 |
| 486 | Zachariadis, Marios | P163 |
| 487 | Zarazaga, Carlos | P41 |
| 488 | Zeke, David | P110 |
| 489 | Zetlin-Jones, Ariel | P82 |
| 490 | Zhang, Shengxing | P73 |
| 491 | Zhang, Ji | P152 |
| 492 | Zhang, Yu | P136 |
| 493 | Zhao, Xiaofei | P104 |
| 494 | Zhong, Hongda | P82 |
| 495 | Zhou, Jin | P165 |
| 496 | Zhou, Jing | P96 |
| 497 | Zhu, Yu | P146 |
| 498 | Zhu, Lijun | P66 |
| 499 | Zidar, Owen | P144 |
| 500 | Zlate, Andrei | P9 |
| 501 | Zviadadze, Irina | P78 |
| 502 | Zwick, Eric | P44 |
| 503 | Zymek, Robert | P155 |
This program was last updated on 2017-06-29 12:37:57 EDT