June 26, 2014 | |
---|---|
09:30 to 11:00 | Morning I, 26th |
| |
11:30 to 13:00 | Morning II, 26th |
| |
14:30 to 16:00 | Afternoon I, 26th |
| |
16:30 to 18:00 | Afternoon II, 26th |
| |
18:15 to 19:15 | Nick Bloom Plenary, Desautels Hall |
| |
June 27, 2014 | |
09:30 to 11:00 | Morning I, 27th |
| |
11:30 to 13:00 | Morning II, 27th |
| |
13:00 to 14:20 | SED@25, A Tribute to Dale, Desautels Hall |
| |
14:30 to 16:00 | Afternoon I, 27th |
| |
16:30 to 18:00 | Afternoon II, 27th |
| |
18:15 to 19:15 | Ivan Werning Plenary, Desautels Hall |
| |
June 28, 2014 | |
09:30 to 11:00 | Morning I, 28th |
| |
11:30 to 13:00 | Morning II, 28th |
| |
14:30 to 16:00 | Afternoon I, 28th |
| |
16:30 to 18:00 | Afternoon II, 28th |
| |
18:15 to 19:15 | Lawrence Christiano Plenary, Desautels Hall |
|
Nick Bloom Plenary Desautels Hall June 26, 2014 18:15 to 19:15 |
---|
SED@25, A Tribute to Dale Desautels Hall June 27, 2014 13:00 to 14:20 | |
---|---|
Ed Prescott, Tom Cooley, Bob Lucas, Nancy Stokey, Ellen McGrattan, Rob Shimer, Ken Burdett and Guido Menzio |
Ivan Werning Plenary Desautels Hall June 27, 2014 18:15 to 19:15 |
---|
Lawrence Christiano Plenary Desautels Hall June 28, 2014 18:15 to 19:15 |
---|
Summary of All Sessions |
---|
Click here for an index of all participants |
# | Date/Time | Location | Type | Title | Papers |
---|---|---|---|---|---|
1 | June 26, 2014 9:30-11:00 | 1065 | invited | Production-based Asset Pricing | 3 |
2 | June 26, 2014 9:30-11:00 | LL1010 | contributed | Trade in Developing Countries | 3 |
3 | June 26, 2014 9:30-11:00 | LL1020 | invited | New Perspectives on Models with Heterogeneous Agents and Aggregate Shocks | 3 |
4 | June 26, 2014 9:30-11:00 | 133 | contributed | Inequality and the Life-cycle | 3 |
5 | June 26, 2014 9:30-11:00 | LL1025 | invited | New Perspectives on Optimal Taxation | 3 |
6 | June 26, 2014 9:30-11:00 | 142 | contributed | Search Theory | 3 |
7 | June 26, 2014 9:30-11:00 | 147 | invited | Labor Supply and Human Capital | 3 |
8 | June 26, 2014 9:30-11:00 | LL1030 | contributed | Productivity and the Great Recession | 3 |
9 | June 26, 2014 9:30-11:00 | LL1035 | contributed | Systemic Risk | 3 |
10 | June 26, 2014 9:30-11:00 | LL1060 | contributed | Information and the Real Economy | 3 |
11 | June 26, 2014 9:30-11:00 | 151 | contributed | Topics in Political Economy II | 3 |
12 | June 26, 2014 9:30-11:00 | 157 | contributed | Employment Risk | 3 |
13 | June 26, 2014 11:30-13:00 | 1065 | invited | The Economics of Credit Card Markets | 3 |
14 | June 26, 2014 11:30-13:00 | LL1020 | invited | Household Heterogeneity and Aggregate Outcomes | 3 |
15 | June 26, 2014 11:30-13:00 | LL1025 | invited | Exchange Rates and Risk | 3 |
16 | June 26, 2014 11:30-13:00 | LL1030 | invited | Wealth Distribution and Macroeconomics | 3 |
17 | June 26, 2014 11:30-13:00 | 151 | contributed | Macroprudential Policies | 3 |
18 | June 26, 2014 11:30-13:00 | 157 | contributed | Economics of Crime | 3 |
19 | June 26, 2014 11:30-13:00 | 142 | contributed | Theoretical Advances on Savings' Models | 3 |
20 | June 26, 2014 11:30-13:00 | 147 | contributed | Matching with Frictions and Heterogeneity: Empirical Applications | 3 |
21 | June 26, 2014 11:30-13:00 | 133 | contributed | Risk Taking and Banking | 3 |
22 | June 26, 2014 11:30-13:00 | LL1035 | contributed | Labor Markets and the Great Recession | 3 |
23 | June 26, 2014 11:30-13:00 | LL1060 | invited | Frictional Product Markets | 3 |
24 | June 26, 2014 11:30-13:00 | LL1010 | invited | Growth and Development | 3 |
25 | June 26, 2014 14:30-16:00 | 1065 | contributed | Sovereign Default and Financial Crises | 3 |
26 | June 26, 2014 14:30-16:00 | 142 | contributed | Financial Regulation | 3 |
27 | June 26, 2014 14:30-16:00 | LL1010 | invited | Firms and Wages | 3 |
28 | June 26, 2014 14:30-16:00 | LL1020 | invited | Inflation in the Great Recession | 3 |
29 | June 26, 2014 14:30-16:00 | LL1025 | invited | Innovation, Diffusion and Growth | 3 |
30 | June 26, 2014 14:30-16:00 | LL1030 | contributed | Macroeconomic Effects of Aggregate Uncertainty | 3 |
31 | June 26, 2014 14:30-16:00 | 133 | contributed | Topics in Industrial Organization | 3 |
32 | June 26, 2014 14:30-16:00 | LL1035 | contributed | Labor Supply Margins | 3 |
33 | June 26, 2014 14:30-16:00 | LL1060 | contributed | Job Search and Migration | 3 |
34 | June 26, 2014 14:30-16:00 | 151 | contributed | Corporate Finance | 3 |
35 | June 26, 2014 14:30-16:00 | 157 | contributed | College Education | 3 |
36 | June 26, 2014 14:30-16:00 | 147 | contributed | Information and Trading | 3 |
37 | June 26, 2014 16:30-18:00 | 142 | contributed | Informational Frictions | 3 |
38 | June 26, 2014 16:30-18:00 | 147 | contributed | Home Equity, Portfolio Choice, and Default Decisions | 3 |
39 | June 26, 2014 16:30-18:00 | 1065 | invited | Dynamic Household Decision Making | 3 |
40 | June 26, 2014 16:30-18:00 | LL1010 | invited | Optimal Policy in Open Economies | 3 |
41 | June 26, 2014 16:30-18:00 | LL1020 | contributed | Chinese Economic Transition | 3 |
42 | June 26, 2014 16:30-18:00 | LL1025 | invited | Dale Mortensen Honorary Session: Working Papers | 3 |
43 | June 26, 2014 16:30-18:00 | 133 | contributed | Topics in Political Economy I | 3 |
44 | June 26, 2014 16:30-18:00 | LL1030 | contributed | Asset Prices, Macroeconomics, and Long Run Risks | 3 |
45 | June 26, 2014 16:30-18:00 | 151 | contributed | Applied Applied Work on Migration | 3 |
46 | June 26, 2014 16:30-18:00 | LL1035 | contributed | International Transmission of Shocks | 3 |
47 | June 26, 2014 16:30-18:00 | 157 | contributed | Optimal Contracts and Moral Hazard | 3 |
48 | June 26, 2014 16:30-18:00 | LL1060 | invited | Networks in Macroeconomics | 3 |
49 | June 27, 2014 9:30-11:00 | 1065 | contributed | Information and Credit Risk | 3 |
50 | June 27, 2014 9:30-11:00 | 151 | invited | Sectoral Views on Growth and Development | 3 |
51 | June 27, 2014 9:30-11:00 | 157 | contributed | Human Capital Accumulation | 3 |
52 | June 27, 2014 9:30-11:00 | 133 | contributed | Employment and Occupational Choice | 3 |
53 | June 27, 2014 9:30-11:00 | LL1010 | contributed | Inflation and Welfare in Modern Monetary Models | 3 |
54 | June 27, 2014 9:30-11:00 | LL1020 | invited | Applications of Dynamic Contracts to Finance | 3 |
55 | June 27, 2014 9:30-11:00 | 142 | contributed | Search in the Housing Market | 3 |
56 | June 27, 2014 9:30-11:00 | LL1025 | contributed | Dynamic Tax Policy | 3 |
57 | June 27, 2014 9:30-11:00 | LL1030 | invited | Topics on Global Production | 3 |
58 | June 27, 2014 9:30-11:00 | LL1035 | invited | Heterogeneity in Macroeconomics | 3 |
59 | June 27, 2014 9:30-11:00 | 147 | contributed | Understanding the Labor Supply | 3 |
60 | June 27, 2014 9:30-11:00 | LL1060 | invited | Marriage, Work and Intra-household Dynamics | 3 |
61 | June 27, 2014 11:30-13:00 | 1065 | invited | Public Finance in a Global Economy | 3 |
62 | June 27, 2014 11:30-13:00 | LL1010 | invited | Macro Labor | 3 |
63 | June 27, 2014 11:30-13:00 | LL1020 | invited | Financial Market Imperfections | 3 |
64 | June 27, 2014 11:30-13:00 | LL1025 | invited | Money, Credit and Inflation | 3 |
65 | June 27, 2014 11:30-13:00 | 133 | contributed | Housing and Migration | 3 |
66 | June 27, 2014 11:30-13:00 | 151 | contributed | Family Economics | 3 |
67 | June 27, 2014 11:30-13:00 | LL1030 | invited | Macro Approaches to Development | 3 |
68 | June 27, 2014 11:30-13:00 | 142 | contributed | Intermediation in Dynamic Contracts | 3 |
69 | June 27, 2014 11:30-13:00 | 157 | contributed | Information Frictions in DSGE Models | 3 |
70 | June 27, 2014 11:30-13:00 | LL1060 | invited | Banks, Liquidity and Financial Crises | 3 |
71 | June 27, 2014 11:30-13:00 | 147 | contributed | Firms' Heterogeneity | 3 |
72 | June 27, 2014 11:30-13:00 | LL1035 | contributed | Estimation Techniques | 3 |
73 | June 27, 2014 14:30-16:00 | 1065 | invited | Networks and Decentralized Exchange | 3 |
74 | June 27, 2014 14:30-16:00 | 142 | invited | Public Debt Management | 3 |
75 | June 27, 2014 14:30-16:00 | LL1010 | contributed | Real Estate - Presented by the Centre for Real Estate and Urban Economics | 3 |
76 | June 27, 2014 14:30-16:00 | LL1020 | contributed | Capital and Business Cycles | 3 |
77 | June 27, 2014 14:30-16:00 | 133 | contributed | Growth and Human Capital | 3 |
78 | June 27, 2014 14:30-16:00 | 147 | contributed | Labor Market Dynamics | 3 |
79 | June 27, 2014 14:30-16:00 | LL1025 | invited | Trade Models - Presented by the Rotman Institute for International Business | 3 |
80 | June 27, 2014 14:30-16:00 | LL1030 | invited | Topics in Macroeconomics and Finance | 3 |
81 | June 27, 2014 14:30-16:00 | LL1035 | contributed | Financial Crises | 3 |
82 | June 27, 2014 14:30-16:00 | 151 | contributed | Life Cycle and Savings Decisions | 3 |
83 | June 27, 2014 14:30-16:00 | 157 | contributed | Social Interactions | 3 |
84 | June 27, 2014 14:30-16:00 | LL1060 | invited | Advances in Open Macroeconomics and Finance | 3 |
85 | June 27, 2014 16:30-18:00 | 151 | contributed | Income Distribution and Risk Sharing | 3 |
86 | June 27, 2014 16:30-18:00 | 142 | contributed | Sources of Risk in Macro-Asset-Pricing Models | 3 |
87 | June 27, 2014 16:30-18:00 | 1065 | contributed | Sovereign Default and Maturity | 3 |
88 | June 27, 2014 16:30-18:00 | LL1010 | invited | Information Frictions in Macro-Finance | 3 |
89 | June 27, 2014 16:30-18:00 | LL1020 | invited | Formal and Informal Institutions in Economic Development | 3 |
90 | June 27, 2014 16:30-18:00 | LL1025 | invited | Dale Mortensen Honorary Session: Search and Matching | 4 |
91 | June 27, 2014 16:30-18:00 | LL1030 | contributed | Fertility and Childcare | 2 |
92 | June 27, 2014 16:30-18:00 | LL1035 | contributed | Industrial Organization | 3 |
93 | June 27, 2014 16:30-18:00 | 157 | contributed | Bank Runs | 3 |
94 | June 27, 2014 16:30-18:00 | LL1060 | contributed | Technology and Productivity | 3 |
95 | June 27, 2014 16:30-18:00 | 133 | contributed | Optimal Monetary Policy | 3 |
96 | June 27, 2014 16:30-18:00 | 147 | contributed | Fiscal Policy and Uncertainty | 3 |
97 | June 28, 2014 9:30-11:00 | 1065 | invited | Household Debt and the Macroeconomy | 3 |
98 | June 28, 2014 9:30-11:00 | 151 | contributed | Fiscal and Monetary Policy in DSGE Models | 3 |
99 | June 28, 2014 9:30-11:00 | 133 | contributed | Wages Dynamics | 3 |
100 | June 28, 2014 9:30-11:00 | LL1010 | contributed | Effects of Monetary Policy on Asset Prices | 3 |
101 | June 28, 2014 9:30-11:00 | LL1020 | contributed | Productivity, Misallocation and Development | 3 |
102 | June 28, 2014 9:30-11:00 | LL1025 | invited | Financial Networks | 3 |
103 | June 28, 2014 9:30-11:00 | 142 | contributed | Social Security | 3 |
104 | June 28, 2014 9:30-11:00 | LL1060 | contributed | Occupational Mobility | 3 |
105 | June 28, 2014 9:30-11:00 | LL1030 | contributed | Labor Market and Financial Frictions | 3 |
106 | June 28, 2014 9:30-11:00 | 147 | contributed | Sovereign Debt Crises | 3 |
107 | June 28, 2014 9:30-11:00 | LL1035 | contributed | Job-to-job Flows | 3 |
108 | June 28, 2014 9:30-11:00 | 157 | contributed | Dynamic Optimal Taxation | 3 |
109 | June 28, 2014 11:30-13:00 | 151 | contributed | Aggregate Implications of Microeconomic Price-setting Behavior | 3 |
110 | June 28, 2014 11:30-13:00 | 1065 | invited | Information and Coordination | 3 |
111 | June 28, 2014 11:30-13:00 | LL1010 | invited | Sovereign Default and Policies | 3 |
112 | June 28, 2014 11:30-13:00 | 157 | contributed | Multisector Economies | 3 |
113 | June 28, 2014 11:30-13:00 | LL1020 | invited | Long-run Fertility Dynamics | 3 |
114 | June 28, 2014 11:30-13:00 | LL1025 | invited | News Shocks | 3 |
115 | June 28, 2014 11:30-13:00 | 133 | contributed | Monetary Policy Design | 3 |
116 | June 28, 2014 11:30-13:00 | LL1035 | contributed | Intergenerational Transmission | 3 |
117 | June 28, 2014 11:30-13:00 | 142 | contributed | Self-fulfilling Credit Crises | 3 |
118 | June 28, 2014 11:30-13:00 | LL1030 | contributed | Income Inequality | 3 |
119 | June 28, 2014 11:30-13:00 | LL1060 | contributed | Topics in New Dynamic Public Finance | 3 |
120 | June 28, 2014 11:30-13:00 | 147 | contributed | Topics in Asset Pricing | 3 |
121 | June 28, 2014 14:30-16:00 | 1065 | invited | Information Processing and Inaction | 3 |
122 | June 28, 2014 14:30-16:00 | LL1010 | invited | Using Geographic Variation to Answer Macro Questions | 3 |
123 | June 28, 2014 14:30-16:00 | LL1020 | invited | Rollover Risk, Default Regulations, and Credit Scoring in the US Credit Card Market | 3 |
124 | June 28, 2014 14:30-16:00 | LL1025 | invited | Firm Performance in Developing Economies | 3 |
125 | June 28, 2014 14:30-16:00 | LL1030 | invited | Dynamic Political Economy | 3 |
126 | June 28, 2014 14:30-16:00 | 133 | contributed | Empirical Macroeconomics of Price Dynamics | 3 |
127 | June 28, 2014 14:30-16:00 | LL1035 | contributed | Gains from Trade - Presented by the Rotman Institute for International Business | 3 |
128 | June 28, 2014 14:30-16:00 | 147 | contributed | Dynamic Contracts | 3 |
129 | June 28, 2014 14:30-16:00 | 142 | contributed | Labor Market Policies - Presented by the School of Public Policy and Governance | 3 |
130 | June 28, 2014 14:30-16:00 | 151 | contributed | Worker Heterogeneity and Sorting | 3 |
131 | June 28, 2014 14:30-16:00 | 157 | contributed | DSGE Models with Capital | 3 |
132 | June 28, 2014 14:30-16:00 | LL1060 | invited | Progressive Income Taxation | 3 |
133 | June 28, 2014 16:30-18:00 | 1065 | invited | Advances in NDPF | 3 |
134 | June 28, 2014 16:30-18:00 | LL1010 | invited | International and Macro Finance | 3 |
135 | June 28, 2014 16:30-18:00 | LL1020 | invited | Consumption, Human Capital, and Migration | 3 |
136 | June 28, 2014 16:30-18:00 | LL1025 | invited | Behavioral Theory with Macroeconomic Applications | 3 |
137 | June 28, 2014 16:30-18:00 | 133 | contributed | Female Labor Force Participation | 3 |
138 | June 28, 2014 16:30-18:00 | LL1030 | invited | Frontiers in Structural Macroeconomic Modeling | 3 |
139 | June 28, 2014 16:30-18:00 | LL1035 | contributed | Unemployment Insurance | 3 |
140 | June 28, 2014 16:30-18:00 | LL1060 | contributed | Management and Risk Taking | 3 |
141 | June 28, 2014 16:30-18:00 | 147 | contributed | Debt Management | 3 |
142 | June 28, 2014 16:30-18:00 | 142 | invited | Information in Financial Markets | 3 |
143 | June 28, 2014 16:30-18:00 | 151 | contributed | Asset Pricing Puzzles | 3 |
144 | June 28, 2014 16:30-18:00 | 157 | contributed | Growth and Structural Change | 3 |
144 sessions, 432 papers, and 0 presentations with no associated papers |
---|
  |
---|
2014 Annual Meeting of the Society for Economic Dynamics (SED) |
Detailed List of Sessions |
Session 1: Production-based Asset Pricing June 26, 2014 9:30 to 11:00 1065 |
---|
Session type: invited |
Endogenous Economic Disasters and Asset Prices |
By Nicolas Petrosky-Nadeau; Carnegie Mellon University Lu Zhang; The Ohio State University Lars-Alexander Kuehn; Carnegie Mellon University |
Presented by: Nicolas Petrosky-Nadeau, Carnegie Mellon University |
Asset Pricing with Entry and Imperfect Competition |
By Erik Loualiche; MIT Sloan School of Management |
Presented by: Erik Loualiche, MIT Sloan School of Management |
Technological Innovation: Winners and Losers |
By Dimitris Papanikolaou; Northwestern University |
Presented by: Dimitris Papanikolaou, Northwestern University |
Session 2: Trade in Developing Countries June 26, 2014 9:30 to 11:00 LL1010 |
Session type: contributed |
Trade Liberalization, Internal Migration and Regional Income Differences: Evidence from China |
By Trevor Tombe; University of Calgary Xiaodong Zhu; University of Toronto |
Presented by: Trevor Tombe, University of Calgary |
The Mode of Competition between Foreign and Domestic Goods, Pass-Through, and External Adjustment |
By Raphael Auer; Swiss National Bank Raphael Schoenle; Brandeis University |
Presented by: Raphael Auer, Swiss National Bank |
The Opportunity Cost of Exporting |
By Loris Rubini; Universidad Catolica de Chile and Universidad Carlos III de Madrid Alexander McQuoid; Florida International Universtiy |
Presented by: Loris Rubini, Universidad Catolica de Chile and Universidad Carlos III de Madrid |
Session 3: New Perspectives on Models with Heterogeneous Agents and Aggregate Shocks June 26, 2014 9:30 to 11:00 LL1020 |
Session type: invited |
Accuracy Verification for Numerical Solutions of Equilibrium Models |
By Leonid Kogan; MIT Indrajit Mitra; MIT |
Presented by: Leonid Kogan, MIT |
Precautionary Saving and Aggregate Demand |
By Xavier Ragot; Paris School of Economics Edouard Challe; Ecole Polytechnique Julien Matheron; Banque de France Juan Rubio-Ramirez; Duke University |
Presented by: Xavier Ragot, Paris School of Economics |
Wealth distribution and asset prices |
By Jinhui Bai; Georgetown University Dan Cao; Georgetown University |
Presented by: Dan Cao, Georgetown University |
Session 4: Inequality and the Life-cycle June 26, 2014 9:30 to 11:00 133 |
Session type: contributed |
Price Search, Consumption Inequality, and Expenditure Inequality over the Life Cycle |
By Yavuz Arslan; The Central Bank of the Republic of Turkey Bulent Guler; Indiana University - Bloomington Temel Taskin; Central Bank of the Republic of Turkey |
Presented by: Yavuz Arslan, The Central Bank of the Republic of Turkey |
Consumption and Portfolio Choice over the Life Cycle under Extremely Leptokurtic Distribution of Earnings Changes |
By Fatih Karahan; Federal Reserve Bank of New York Serdar Ozkan; Federal Reserve Board |
Presented by: Serdar Ozkan, Federal Reserve Board |
GENERATIONAL RISK--IS IT A BIG DEAL?: SIMULATING AN 80-PERIOD OLG MODEL WITH AGGREGATE SHOCKS |
By Jasmina Hasanhodzic; Boston University Laurence Kotlikoff; Boston University |
Presented by: Jasmina Hasanhodzic, Boston University |
Session 5: New Perspectives on Optimal Taxation June 26, 2014 9:30 to 11:00 LL1025 |
Session type: invited |
Optimal Financial Transaction Taxes |
By Eduardo Davila; Harvard University |
Presented by: Eduardo Davila, Harvard University |
Revisiting the Classical View of Benefits-Based Taxation |
By Matthew Weinzierl; Harvard Business School |
Presented by: Matthew Weinzierl, Harvard Business School |
Capital Taxation under Political Constraints |
By Florian Scheuer; Stanford University Alexander Wolitzky; Stanford University |
Presented by: Florian Scheuer, Stanford University |
Session 6: Search Theory June 26, 2014 9:30 to 11:00 142 |
Session type: contributed |
Costly Search with Adverse Selection: Solicitation Curse vs. Accelerating Blessing |
By Kyungmin Kim; University of Iowa Marilyn Pease; University of Iowa |
Presented by: Kyungmin Kim, University of Iowa |
Efficient Competition through Cheap Talk: Competing Auctions and Competitive Search without Ex-Ante Commitment |
By Kyungmin Kim; University of Iowa Philipp Kircher; University of Edinburgh |
Presented by: Philipp Kircher, University of Edinburgh |
Meeting Technologies and Optimal Trading Mechanisms in Competitive Search Marks |
By Benjamin Lester; Federal Reserve Bank of Philadelphia Ludo Visschers; Universidad Carlos III, Madrid and University of Edinburgh Ronald Wolthoff; University of Toronto |
Presented by: Ronald Wolthoff, University of Toronto |
Session 7: Labor Supply and Human Capital June 26, 2014 9:30 to 11:00 147 |
Session type: invited |
Career Prospects of Overeducated Americans |
By Clement Joubert; University of North Carolina at Chapel H Arnaud Maurel; Duke University |
Presented by: Clement Joubert, University of North Carolina at Chapel H |
Search, Matching and Training |
[slides] |
By Christopher Flinn; New York University Ahu Gemici; Royal Holloway, University of London Steven Laufer; Federal Reserve Board |
Presented by: Ahu Gemici, Royal Holloway, University of London |
Social Security Benefits, Life Expectancy and Early Retirement |
[slides] |
By Maria Casanova; UCLA Daifeng He; College of William and Mary Qi Li; University of Chicago Juan Pantano; Washington University in St. Louis |
Presented by: Maria Casanova, UCLA |
Session 8: Productivity and the Great Recession June 26, 2014 9:30 to 11:00 LL1030 |
Session type: contributed |
Productivity and Potential Output Before, During, and After the Great Recession |
By John Fernald; Federal Reserve Bank of San Francisco |
Presented by: John Fernald, Federal Reserve Bank of San Francisco |
The Elasticity of Substitution Between Time and Market Goods: Evidence from the Great Recession |
By Arlene Wong; Northwestern University Aviv Nevo; Northwestern University |
Presented by: Arlene Wong, Northwestern University |
Liquidity, Trends, and the Great Recession |
By pablo guerron-quintana; Federal Reserve Bank of Philadelphia |
Presented by: Pablo Guerron-Quintana, Federal Reserve Bank of Philadelphia |
Session 9: Systemic Risk June 26, 2014 9:30 to 11:00 LL1035 |
Session type: contributed |
Fire-Sale Spillovers and Systemic Risk |
By Fernando Duarte; Federal Reserve Bank of New York Thomas Eisenbach; Federal Reserve Bank of New York |
Presented by: Thomas Eisenbach, Federal Reserve Bank of New York |
Collateral Risk, Repo Rollover and Shadow Banking |
By Shengxing Zhang; New York University |
Presented by: Shengxing Zhang, New York University |
Liquidity Policies and Systemic Risk |
By Tobias Adrian; Federal Reserve Bank of New York Nina Boyarchenko; Federal Reserve Bank of New York |
Presented by: Tobias Adrian, Federal Reserve Bank of New York |
Session 10: Information and the Real Economy June 26, 2014 9:30 to 11:00 LL1060 |
Session type: contributed |
Reputation and Aggregate Shocks |
By Boyan Jovanovic; New York University Julien Prat; CREST |
Presented by: Boyan Jovanovic, New York University |
Information Globalization, Risk Sharing, and International Trade |
By Isaac Baley; New York University Laura Veldkamp; NYU Stern Mike Waugh; New York University |
Presented by: Isaac Baley, New York University |
Information, Misallocation and Aggregate Productivity |
By Joel David; USC Hugo A. Hopenhayn; UCLA Venky Venkateswaran; NYU Stern School of Business |
Presented by: Joel David, USC |
Session 11: Topics in Political Economy II June 26, 2014 9:30 to 11:00 151 |
Session type: contributed |
Who do Unions Target? Unionization over the Life-Cycle of U.S. Businesses |
By Emin Dinlersoz; U.S. Census Bureau Jeremy Greenwood; University of Pennsylvania Henry Hyatt; US Census Bureau |
Presented by: Emin Dinlersoz, U.S. Census Bureau |
A Revealed Preference Approach to the Elicitation of Political Attitudes: Experimental Evidence on Anti-Americanism in Pakistan |
By Leonardo Bursztyn; UCLA Michael Callen; UCLA Bruno Ferman; Fundacao Getulio Vargas Ali Hasanain; Lahore University of Management Sciences Noam Yuchtman; UC Berkeley |
Presented by: Michael Callen, UCLA |
Income Inequality, Political Polarization and Fiscal Policy Gridlock |
By Yanlei Ma; Cornell University |
Presented by: Yanlei Ma, Cornell University |
Session 12: Employment Risk June 26, 2014 9:30 to 11:00 157 |
Session type: contributed |
A Labor Capital Asset Pricing Model |
By Lars Kuehn; Carnegie Mellon University Mikhail Simutin; University of Toronto JessieJiaxu Wang; Carnegie Mellon University |
Presented by: Lars Kuehn, Carnegie Mellon University |
On the Provision of Insurance Against Search-Induced Wage Fluctuations |
By Jean-Baptiste Michau; Ecole Polytechnique, France |
Presented by: Jean-Baptiste Michau, Ecole Polytechnique, France |
Financial Risk and Unemployment |
By Zvi Eckstein; The Interdisciplinary Center Herzliya Ofer Setty; Tel Aviv University David Weiss; Tel Aviv University |
Presented by: David Weiss, Tel Aviv University |
Session 13: The Economics of Credit Card Markets June 26, 2014 11:30 to 13:00 1065 |
Session type: invited |
Regulating Consumer Financial Products: Evidence from Credit Cards |
By Johannes Stroebel; New York University |
Presented by: Johannes Stroebel, New York University |
Are Young Borrowers Bad Borrowers? Evidence from the Credit CARD Act of 2009 |
By Andra Ghent; Arizona State University |
Presented by: Andra Ghent, Arizona State University |
Perverse Nudges: Minimum Payments and Debt Paydown in Consumer Credit Cards |
By Benjamin Keys; University of Chicago Jialan Wang; Consumer Financial Protection Bureau |
Presented by: Benjamin Keys, University of Chicago |
Session 14: Household Heterogeneity and Aggregate Outcomes June 26, 2014 11:30 to 13:00 LL1020 |
Session type: invited |
Idiosyncratic risk, insurance, and aggregate consumption dynamics: a likelihood perspective |
By Alisdair McKay; Boston University |
Presented by: Alisdair McKay, Boston University |
The Transmission of Monetary Policy Operations through Redistributions and Durable Purchases |
By Vincent Sterk; University College London Silvana Tenreyro; London School of Economics |
Presented by: Vincent Sterk, University College London |
Does Greater Inequality Lead to More Household Borrowing? New Evidence from Household Data |
By Olivier Coibion; UT Austin Yuriy Gorodnichenko; UC Berkeley Marianna Kudlyak; Federal Reserve Bank of Richmond John Mondragon; UC Berkeley |
Presented by: Marianna Kudlyak, Federal Reserve Bank of Richmond |
Session 15: Exchange Rates and Risk June 26, 2014 11:30 to 13:00 LL1025 |
Session type: invited |
International Comovement through Endogenous Long Run Risk |
By Federico Gavazzoni; INSEAD Ana Maria Santacreu; INSEAD |
Presented by: Federico Gavazzoni, INSEAD |
Term-structure of consumption risk premia in the cross-section of currency returns |
By Irina Zviadadze; Stockholm School of Economics |
Presented by: Irina Zviadadze, Stockholm School of Economics |
The Term Structure of Currency Carry Trade Risk Premia |
By Hanno Lustig; Anderson School of Business Andreas Stathopoulos; University of Southern California Adrien Verdelhan; MIT Sloan |
Presented by: Adrien Verdelhan, MIT Sloan |
Session 16: Wealth Distribution and Macroeconomics June 26, 2014 11:30 to 13:00 LL1030 |
Session type: invited |
Wealth Distribution and the Business Cycle |
By Benjamin Moll; Princeton University |
Presented by: Benjamin Moll, Princeton University |
The Wealthy Hand-to-Mouth |
By Greg Kaplan; Princeton University Gianluca Violante; NYU |
Presented by: Gianluca Violante, NYU |
The Wealth Distribution in Bewley Models with Investment Risk |
By Jess Benhabib; NYU Alberto Bisin; New York University Shenghao Zhu; National University of Singapore |
Presented by: Jess Benhabib, NYU |
Session 17: Macroprudential Policies June 26, 2014 11:30 to 13:00 151 |
Session type: contributed |
Macroprudential Capital Controls and the Shadow Economy |
By Julien Bengui; Université de Montréal Javier Bianchi; University of Wisconsin |
Presented by: Julien Bengui, Université de Montréal |
Monetary and macroprudential policy with foreign currency loans |
By Michał Brzoza-Brzezina; National Bank of Poland Marcin Kolasa; National Bank of Poland Krzysztof Makarski; National Bank of Poland |
Presented by: Krzysztof Makarski, National Bank of Poland |
Overlending and Macroprudential Tools |
By Pedro Gete; Georgetown University Natalie Tiernan; Office of the Comptroller of the Currency |
Presented by: Natalie Tiernan, Office of the Comptroller of the Currency |
Session 18: Economics of Crime June 26, 2014 11:30 to 13:00 157 |
Session type: contributed |
Incarceration and Low Skilled Labor Markets: A Macroeconomic Analysis |
By Bulent Guler; Indiana University - Bloomington Amanda Michaud; Indiana University |
Presented by: Amanda Michaud, Indiana University |
A quantitative analysis of the retail market for illicit drugs |
By Manolis Galenianos; Royal Holloway, University of London Alessandro Gavazza; London School of Economics |
Presented by: Manolis Galenianos, Royal Holloway, University of London |
Why do Europeans steal more than Americans? |
By Marek Kapicka; University of California Santa Barbara Peter Rupert; University of California, Santa Barbara Giulio Zanella; University of Bologna |
Presented by: Marek Kapicka, University of California Santa Barbara |
Session 19: Theoretical Advances on Savings' Models June 26, 2014 11:30 to 13:00 142 |
Session type: contributed |
Continuous Markov Equilibria with Quasi-Geometric Discounting |
By Satyajit Chatterjee; Federal Reserve Bank of Philadelphia Burcu Eyigungor; Federal Reserve Bank of Philadelphia |
Presented by: Satyajit Chatterjee, Federal Reserve Bank of Philadelphia |
A General and Intuitive Envelope Theorem |
By Andrew Clausen; University of Edinburgh Carlo Strub; University of St. Gallen |
Presented by: Carlo Strub, University of St. Gallen |
Poverty and Self Control |
By B. Douglas Bernheim; Stanford University Debraj Ray; New York University Sevin Yeltekin; Carnegie Mellon University |
Presented by: Sevin Yeltekin, Carnegie Mellon University |
Session 20: Matching with Frictions and Heterogeneity: Empirical Applications June 26, 2014 11:30 to 13:00 147 |
Session type: contributed |
Productivity Shocks, Dynamic Contracts and Income Uncertainty |
By Thibaut Lamadon; University College London |
Presented by: Thibaut Lamadon, University College London |
Separations, Sorting and Cyclical Unemployment |
By Andreas Mueller; Columbia University |
Presented by: Andreas Mueller, Columbia University |
A Forest Fire Theory of Recessions and Unemployment |
By Matthew Jackson; Stanford University Pietro Tebaldi; Stanford University |
Presented by: Pietro Tebaldi, Stanford University |
Session 21: Risk Taking and Banking June 26, 2014 11:30 to 13:00 133 |
Session type: contributed |
Efficient Financial Crises |
By Ariel Zetlin-Jones; Carnegie Mellon University |
Presented by: Ariel Zetlin-Jones, Carnegie Mellon University |
A simple general equilibrium model of large excess reserves |
By Huberto Ennis; Federal Reserve Bank of Richmond |
Presented by: Huberto Ennis, Federal Reserve Bank of Richmond |
Agency Cost Determinants of Bank Risk-Taking |
By Kinda Hachem; University of Chicago |
Presented by: Kinda Hachem, University of Chicago |
Session 22: Labor Markets and the Great Recession June 26, 2014 11:30 to 13:00 LL1035 |
Session type: contributed |
Accounting for recent labor market behavior |
By Peter Rupert; University of California, Santa Barbara |
Presented by: Peter Rupert, University of California, Santa Barbara |
Are Labor or Product Markets to Blame for Recessions? |
By Mark Bils; U. of Rochester Peter Klenow; Stanford University Ben Malin; Federal Reserve Bank of Minneapolis |
Presented by: Ben Malin, Federal Reserve Bank of Minneapolis |
What Shifts the Beveridge Curve? Recruitment Effort and Financial Shocks |
[slides] |
By Alessandro Gavazza; London School of Economics Simon Mongey; NYU Gianluca Violante; NYU |
Presented by: Simon Mongey, NYU |
Session 23: Frictional Product Markets June 26, 2014 11:30 to 13:00 LL1060 |
Session type: invited |
Markups Dynamics with Customer Markets |
By Luigi Paciello; Einaudi Institute (EIEF) Andrea Pozzi; Einaudi Institute for Economics and Fina Nicholas Trachter; Federal Reserve Bank of Richmond |
Presented by: Luigi Paciello, Einaudi Institute (EIEF) |
An Economical Business-Cycle Model |
By Pascal Michaillat; London School of Economics Emmanuel Saez; UC Berkeley |
Presented by: Pascal Michaillat, London School of Economics |
Can Intangible Capital Explain Cyclical Movements in the Labor Wedge? |
By Leena Rudanko; Boston University |
Presented by: Leena Rudanko, Boston University |
Session 24: Growth and Development June 26, 2014 11:30 to 13:00 LL1010 |
Session type: invited |
The Growth Dynamics of Innovation, Diffusion, and the Technology Frontier |
By Jess Benhabib; NYU Jesse Perla; University of British Columbia Christopher Tonetti; Stanford GSB |
Presented by: Jesse Perla, University of British Columbia |
Subsistence Entrepreneurs and Misallocation |
By Kevin Donovan; University of Notre Dame |
Presented by: Kevin Donovan, University of Notre Dame |
Crony Capitalism with Chinese Characteristics |
By Michael Song |
Presented by: Michael Song, |
Session 25: Sovereign Default and Financial Crises June 26, 2014 14:30 to 16:00 1065 |
Session type: contributed |
Contagion of Sovereign Default: the Role of Two Financial Frictions |
By JungJae Park; National University of Singapore |
Presented by: JungJae Park, National University of Singapore |
Sovereign Default and Government’s Bailouts |
[slides] |
By Javier Bianchi; University of Wisconsin Sandra Lizarazo; Universidad Carlos III de Madrid Horacio Sapriza; Federal Reserve Board |
Presented by: Sandra Lizarazo, Universidad Carlos III de Madrid |
Portfolio Choice and Partial Default in Emerging Markets: a quantitative analysis |
By Kieran Walsh; Yale (UVa-Darden starting summer 2014) |
Presented by: Kieran Walsh, Yale (UVa-Darden starting summer 2014) |
Session 26: Financial Regulation June 26, 2014 14:30 to 16:00 142 |
Session type: contributed |
The Case for Incomplete Markets |
By Lawrence Blume; Cornell University Timothy Cogley; New York University David Easley; Cornell University Thomas Sargent; New York University Viktor Tsyrennikov; Cornell |
Presented by: Viktor Tsyrennikov, Cornell |
Good Disclosure, Bad Disclosure |
By Itay Goldstein; University of Pennsylvania Liyan Yang; Joseph L. Rotman School of Management |
Presented by: Liyan Yang, Joseph L. Rotman School of Management |
Optimal financial regulation under moral hazard |
By Sebastian Di Tella; Stanford GSB |
Presented by: Sebastian Di Tella, Stanford GSB |
Session 27: Firms and Wages June 26, 2014 14:30 to 16:00 LL1010 |
Session type: invited |
Occupational Mobility and Wage Dynamics Within and Between Firms |
By Francis Kramarz; CREST Fabien Postel-Vinay; University College London Jean-Marc Robin; Sciences-Po |
Presented by: Fabien Postel-Vinay, University College London |
Identifying Equilibrium Models of Labor Market Sorting |
By Marcus Hagedorn; University of Oslo Tzuo Hann Law; University of Pennsylvania Iourii Manovskii; University of Pennsylvania |
Presented by: Tzuo Hann Law, University of Pennsylvania |
How Firms Affect Wages: a Structural Decomposition |
By Rafael Lopes de Melo; University of Chicago |
Presented by: Rafael Lopes de Melo, University of Chicago |
Session 28: Inflation in the Great Recession June 26, 2014 14:30 to 16:00 LL1020 |
Session type: invited |
Inflation in the Great Recession and New Keynesian Models |
By Marco Del Negro; Federal Reserve Bank of New York Marc Giannoni; Federal Reserve Bank of New York Frank Schorfheide; University of Pennsylvania |
Presented by: Marc Giannoni, Federal Reserve Bank of New York |
Inflation Experience and Inflation Expectations: Spatial Evidence |
By Marcel Fratzscher Refet Gürkaynak; Bilkent University Gulserim Ozcan; Bilkent University |
Presented by: Gulserim Ozcan, Bilkent University |
Empirical Properties of Inflation Expectations and the Zero Lower Bound |
By Mirko Wiederholt; Goethe University Frankfurt |
Presented by: Mirko Wiederholt, Goethe University Frankfurt |
Session 29: Innovation, Diffusion and Growth June 26, 2014 14:30 to 16:00 LL1025 |
Session type: invited |
Young, Restless and Creative: Openness to Disruption and Creative Innovations |
By Daron Acemoglu; Massachusetts Institute of Technology Ufuk Akcigit; University of Pennsylvania Murat Celik; University of Pennsylvania |
Presented by: Murat Celik, University of Pennsylvania |
The Race Between Technology and Human Capital |
By Nancy L Stokey; Department of Economics |
Presented by: Nancy L Stokey, Department of Economics |
The Global Diffusion of Ideas |
By Francisco Buera; University of California at Los Angeles |
Presented by: Francisco Buera, University of California at Los Angeles |
Session 30: Macroeconomic Effects of Aggregate Uncertainty June 26, 2014 14:30 to 16:00 LL1030 |
Session type: contributed |
Uncertainty in linear models |
By Cosmin Ilut; Duke University Pavel Krivenko; Stanford Martin Schneider; Stanford University |
Presented by: Martin Schneider, Stanford University |
Sentiment and the U.S. Business Cycle |
By Fabio Milani; University of California, Irvine |
Presented by: Fabio Milani, University of California, Irvine |
Information Aversion |
By Marianne Andries; Toulouse School of Economics Valentin Haddad; Princeton University |
Presented by: Marianne Andries, Toulouse School of Economics |
Session 31: Topics in Industrial Organization June 26, 2014 14:30 to 16:00 133 |
Session type: contributed |
Acquisitions, Productivity, and Profitability: Evidence from the Japanese Cotton Spinning Industry |
By Serguey Braguinsky; Carnegie Mellon University Atsushi Ohyama; Hokkaido University Tetsuji Okazaki; University of Tokyo Chad Syverson; University of Chicago Booth School of Business and NBER |
Presented by: Serguey Braguinsky, Carnegie Mellon University |
Dynamic Demand for New and Used Durable Goods without Physical Depreciation: The Case of Japanese Video Games |
By Masakazu Ishihara; New York University Andrew Ching; University of Toronto |
Presented by: Masakazu Ishihara, New York University |
Advertising, Consumer Awareness and Choice: Evidence from the U.S. Banking Industry |
By Elisabeth Honka; The University of Texas at Dallas Ali Hortacsu; University of Chicago Maria Ana Vitorino; University of Minnesota |
Presented by: Maria Ana Vitorino, University of Minnesota |
Session 32: Labor Supply Margins June 26, 2014 14:30 to 16:00 LL1035 |
Session type: contributed |
Firing Costs and Labor Market Fluctuations: A Cross-Country Analysis |
By Lee Ohanian; University of California Los Angeles Andrea Raffo; Federal Reserve Board Richard Rogerson; Princeton University |
Presented by: Andrea Raffo, Federal Reserve Board |
Great opportunities or poor alternatives: self-employment, unemployment and paid employment over the business cycle |
By Matthias Kredler; Universidad Carlos III Madrid Ana Millan; Universidad Carlos III de Madrid Ludo Visschers; Universidad Carlos III, Madrid and University of Edinburgh |
Presented by: Ludo Visschers, Universidad Carlos III, Madrid and University of Edinburgh |
Explaining the Spread of Temporary Jobs and its Impact on Labor Turnover |
By Franck Malherbet; CREST and Ecole Polytechnique |
Presented by: Franck Malherbet, CREST and Ecole Polytechnique |
Session 33: Job Search and Migration June 26, 2014 14:30 to 16:00 LL1060 |
Session type: contributed |
The Interaction between Job Search and Housing Decisions |
By Silvio Rendon; Stony Brook University Núria Quella; SUNY - Stony Brook University |
Presented by: Silvio Rendon, Stony Brook University |
Income Inequality, Neighborhoods, Prices and the Liquidity of Housing |
By Allen Head; Department of Economics Huw Lloyd-Ellis; Queen's University Derek Stacey; Ryerson University |
Presented by: Derek Stacey, Ryerson University |
Optimal Spatial Taxation |
By Jan Eeckhout; University College London and GSE-UPF Nezih Guner; Universitat Autonoma de Barcelona |
Presented by: Jan Eeckhout, University College London and GSE-UPF |
Session 34: Corporate Finance June 26, 2014 14:30 to 16:00 151 |
Session type: contributed |
Equity market misvaluation, financing, and investment |
By Missaka Warusawitharana; Board of Governors of the Federal Reserv Toni Whited; University of Rochester |
Presented by: Missaka Warusawitharana, Board of Governors of the Federal Reserv |
Can Changes in the Cost of Cash Resolve the Corporate Cash Puzzle? |
By Jose Azar; Charles River Associates Jean-François Kagy; Cornerstone Research Martin Schmalz; University of Michigan |
Presented by: Jean-François Kagy, Cornerstone Research |
Capital Flows in Rational Markets |
By Francesco Franzoni; University of Lugano Martin Schmalz; University of Michigan |
Presented by: Martin Schmalz, University of Michigan |
Session 35: College Education June 26, 2014 14:30 to 16:00 157 |
Session type: contributed |
The Life Cycle of Earnings and Educational Attainment of U.S. Cohorts |
By Yu-Chien Kong; University of Iowa B Ravikumar; Federal Reserve Bank of St Louis Guillaume Vandenbroucke; University of Southern California |
Presented by: Guillaume Vandenbroucke, University of Southern California |
Student Aid, Academic Achievement, and Labor Market Behavior: Grants or Loans? |
By Juanna Joensen; Stockholm School of Economics Elena Mattana; Universite` Catholique de Louvain - CORE |
Presented by: Juanna Joensen, Stockholm School of Economics |
College Attrition and the Dynamics of Information Revelation |
By Peter Arcidiacono; Duke University Esteban Aucejo; London School of Economics Arnaud Maurel; Duke University Tyler Ransom; Duke University |
Presented by: Arnaud Maurel, Duke University |
Session 36: Information and Trading June 26, 2014 14:30 to 16:00 147 |
Session type: contributed |
Clearing, transparency, and collateral |
By Gaetano Antinolfi; Washington University in Saint Louis Francesca Carapella; Federal Reserve Board Francesco Carli; Universidade Catolica Portuguesa |
Presented by: Francesca Carapella, Federal Reserve Board |
Regulatory Intensity, Crash Risk, and the Business Cycle |
By bo sun; GSM, Peking University Xuan Tam; Cambridge University Eric Young; University of Virginia |
Presented by: Eric Young, University of Virginia |
A Theory of Blind Trading |
By Cyril Monnet; Universitat Bern Erwan Quintin; University of Wisconsin at Madison |
Presented by: Erwan Quintin, University of Wisconsin at Madison |
Session 37: Informational Frictions June 26, 2014 16:30 to 18:00 142 |
Session type: contributed |
A Theory of Balance Sheet Recessions with Informational and Trading Frictions |
By Vladimir Asriyan; UC Berkeley |
Presented by: Vladimir Asriyan, UC Berkeley |
Public Information in Populations with Heterogeneous Interests |
By Kristoffer Nimark; CREI |
Presented by: Kristoffer Nimark, CREI |
Coordination Capital |
By Edouard Schaal; New York University Mathieu Taschereau-Dumouchel; University of Pennsylvania - Wharton |
Presented by: Mathieu Taschereau-Dumouchel, University of Pennsylvania - Wharton |
Session 38: Home Equity, Portfolio Choice, and Default Decisions June 26, 2014 16:30 to 18:00 147 |
Session type: contributed |
Household Finance: Education, Permanent Income and Portfolio Choice |
By Guozhong Zhu; Peking University |
Presented by: Guozhong Zhu, Peking University |
Equity Extraction and Mortgage Default |
By Steven Laufer; Federal Reserve Board |
Presented by: Steven Laufer, Federal Reserve Board |
Bankruptcy, Delinquency and Debt after the 2005 Bankruptcy Law. |
By Stefania Albanesi; Federal Reserve Bank of New York Jaromir Nosal; Columbia University |
Presented by: Jaromir Nosal, Columbia University |
Session 39: Dynamic Household Decision Making June 26, 2014 16:30 to 18:00 1065 |
Session type: invited |
What Accounts for the Racial Gap in Time Allocation and Intergenerational Transmission of Human Capital? |
By George-Levi Gayle; Washington University in St. Louis Limor Golan; University of Washington in St. Louis Mehmet Soytas; Ozyegin University |
Presented by: Limor Golan, University of Washington in St. Louis |
Labor Supply, Wealth Dynamics and Marriage Decisions |
By Maurizio Mazzocco; UCLA Claudia Ruiz; World Bank Shintaro Yamaguchi; McMaster University |
Presented by: Claudia Ruiz, World Bank |
Prenuptial Contracts, Labor Supply and Household Investments |
By Alessandra Voena; University of Chicago |
Presented by: Alessandra Voena, University of Chicago |
Session 40: Optimal Policy in Open Economies June 26, 2014 16:30 to 18:00 LL1010 |
Session type: invited |
Pecuniary Externalities and Capital Controls |
By , |
Presented by: Markus Brunnermeier, Princeton University |
Are Capital Controls Prudential? An Empirical Investigation |
By Andres Fernandez; Inter American Development Bank Alessandro Rebucci; The Johns Hopkins Carey Business School Martin Uribe; Columbia University |
Presented by: Andres Fernandez, Inter American Development Bank |
Macroprudential Regulation in a Currency Union |
By , |
Presented by: Oleg Itskhoki, Princeton University |
Session 41: Chinese Economic Transition June 26, 2014 16:30 to 18:00 LL1020 |
Session type: contributed |
Will China Escape the Middle-income Trap? A Politico-economic Theory of Growth and State Capitalism |
[slides] |
By Yikai Wang |
Presented by: Yikai Wang, |
Breaking the "Iron Rice Bowl" and Precautionary Savings: Evidence from Chinese State-Owned Enterprises Reform |
By Hui He; Shanghai University of Finance and Econo Feng Huang; Shanghai University of Finance and Economics Zheng Liu; FRBSF Dongming Zhu; Shanghai University of Finance and Economics |
Presented by: Hui He, Shanghai University of Finance and Econo |
Partial Insurance and Aggregate Welfare in China: 1989 to 2009 |
By Raul Santaeulalia-Llopis; Washington University in St. Louis Yu Zheng; City University of Hong Kong |
Presented by: Yu Zheng, City University of Hong Kong |
Session 42: Dale Mortensen Honorary Session: Working Papers June 26, 2014 16:30 to 18:00 LL1025 |
Session type: invited |
Equilibrium Labor Turnover, Firm Growth and Unemployment |
By Melvyn Coles Dale Mortensen; Northwestern University |
Presented by: Melvyn Coles, |
Wage and Productivity Dispersion: The Roles of Rent Sharing, Labor Quality and Capital Intensity |
By Jesper Bagger; Royal Holloway, University of London Bent Christensen; University of Aarhus |
Presented by: Jesper Bagger, Royal Holloway, University of London |
Labor Market Friction, Firm Heterogeneity, and Aggregate Employment and Productivity |
By Rasmus Lentz; University of Wisconsin-Madison Dale Mortensen; Northwestern University |
Presented by: Rasmus Lentz, University of Wisconsin-Madison |
Session 43: Topics in Political Economy I June 26, 2014 16:30 to 18:00 133 |
Session type: contributed |
Dynamic Natural Monopoly Regulation: Time Inconsistency, Asymmetric Information, and Political Environments |
By Claire Lim; Cornell University Ali Yurukoglu; Stanford University |
Presented by: Claire Lim, Cornell University |
THE EFFECT OF CAMPAIGN CONTRIBUTIONS ON STATE BANKING REGULATION AND BANK EXPANSION IN U.S. |
By Hector Perez Saiz; Bank of Canada Aggey Semenov; University of Ottawa |
Presented by: Hector Perez Saiz, Bank of Canada |
Austerity plans and tax evasion : theory and evidence from Greece |
By Francesco Pappada; University of Lausanne Yanos Zylberberg; Universitat Pompeu Fabra |
Presented by: Francesco Pappada, University of Lausanne |
Session 44: Asset Prices, Macroeconomics, and Long Run Risks June 26, 2014 16:30 to 18:00 LL1030 |
Session type: contributed |
How much would you pay to resolve long-run risk? |
By Larry Epstein; Boston University Emmanuel Farhi; Harvard Tomasz Strzalecki; Harvard University |
Presented by: Larry Epstein, Boston University |
Good and Bad Uncertainty: Macroeconomic and Financial Market Implications |
By Amir Yaron; University of Pennsylvania |
Presented by: Amir Yaron, University of Pennsylvania |
The Common Factor in Idiosyncratic Volatility |
By Bernard Herskovic; New York University Bryan Kelly; University of Chicago Hanno Lustig; Anderson School of Business Stijn Van Nieuwerburgh; NYU Stern School of Business |
Presented by: Stijn Van Nieuwerburgh, NYU Stern School of Business |
Session 45: Applied
Applied Work on Migration June 26, 2014 16:30 to 18:00 151 |
Session type: contributed |
Migrant Remittances and Information Flows: Evidence from a Field Experiment |
By Catia Batista; Nova University of Lisbon Gaia Narciso; Trinity College Dublin |
Presented by: Gaia Narciso, Trinity College Dublin |
Delinking Land Rights from Land Use: Certification and Migration in Mexico |
By Alain de Janvry; University of California at Berkeley Kyle Emerick; UC Berkeley Marco Gonzalez-Navarro; University of Toronto Elisabeth Sadoulet; University of California at Berkeley |
Presented by: Marco Gonzalez-Navarro, University of Toronto |
Misallocation, Internal Trade, and the Role of Transportation Infrastructure |
By Jose Asturias; Georgetown University Manuel García-Santana; ECARES Roberto Ramos; Bank of Spain |
Presented by: Manuel García-Santana, ECARES |
Session 46: International Transmission of Shocks June 26, 2014 16:30 to 18:00 LL1035 |
Session type: contributed |
Global Entropy |
By Mariano Croce; University of North Carolina at Chapel H Thien Nguyen; Wharton, UPenn Lukas Schmid; UCLA |
Presented by: Thien Nguyen, Wharton, UPenn |
Global Banks' Dynamics and the International Transmission of Shocks |
By Jose Fillat; Federal Reserve Bank of Boston Stefania Garetto; Boston University Martin Goetz; Goethe University, Frankfurt am Main |
Presented by: Stefania Garetto, Boston University |
Trade and the Geographic Spread of the Great Recession |
By Sebastian Stumpner; UC Berkeley |
Presented by: Sebastian Stumpner, UC Berkeley |
Session 47: Optimal Contracts and Moral Hazard June 26, 2014 16:30 to 18:00 157 |
Session type: contributed |
Incentives, Project Choice, and Dynamic Multitasking |
By Martin Szydlowski; University of Minnesota |
Presented by: Martin Szydlowski, University of Minnesota |
Optimal Contract, Ownership Structure and Asset Pricing |
By Hae Won (Henny) Jung; University of Melbourne Qi Zeng; University of Melbourne |
Presented by: Qi Zeng, University of Melbourne |
The Complexity of CEO Compensation: Incentives and Learning |
By Arantxa Jarque; Federal Reserve Bank of Richmond |
Presented by: Arantxa Jarque, Federal Reserve Bank of Richmond |
Session 48: Networks in Macroeconomics June 26, 2014 16:30 to 18:00 LL1060 |
Session type: invited |
Firm Volatility in Granular Networks |
By Bryan Kelly; University of Chicago Hanno Lustig; Anderson School of Business Stijn Van Nieuwerburgh; NYU Stern School of Business |
Presented by: Bryan Kelly, University of Chicago |
Supply Chain Disruptions: Evidence from Great East Japan Earthquake |
By Vasco Carvalho; University of Cambridge and CREi Makoto Nirei; Hitotsubashi University Yukiko Saito; RIEITI |
Presented by: Vasco Carvalho, University of Cambridge and CREi |
Diversification in the Small and in the Large: Evidence from Trade Networks |
By Julien Martin; UQAM Isabelle Mejean; Ecole Polytechnique |
Presented by: Julien Martin, UQAM |
Session 49: Information and Credit Risk June 27, 2014 9:30 to 11:00 1065 |
Session type: contributed |
Rating Agencies |
By Harold Cole; University of Pennsylvania Thomas Cooley; New York University |
Presented by: Thomas Cooley, New York University |
Dynamic Dispersed Information and the Credit Spread Puzzle |
By Elias Albagli; Central Bank of Chile Christian Hellwig; Toulouse School of Economics Aleh Tsyvinski; Yale University |
Presented by: Elias Albagli, Central Bank of Chile |
Robust Stress Testing |
By Rhys Bidder; Federal Reserve Bank of San Francisco Andrew McKenna; Federal Reserve Bank of San Francisco |
Presented by: Rhys Bidder, Federal Reserve Bank of San Francisco |
Session 50: Sectoral Views on Growth and Development June 27, 2014 9:30 to 11:00 151 |
Session type: invited |
Wages, Human Capital, and the Allocation of Labor across Sectors |
By Berthold Herrendorf; Arizona State University Todd Schoellman; Arizona State University |
Presented by: Todd Schoellman, Arizona State University |
Structural Transformation and the Rural-Urban Divide |
[slides] |
By Viktoria Hnatkovska; University of British Columbia Amartya Lahiri; University of British Columbia |
Presented by: Amartya Lahiri, University of British Columbia |
Structural Change and the Dynamics of Real Exchange Rate |
By Yong Wang; Hong Kong University of Science and Tech Juanyi Xu; Hong Kong Univ of Science and Technology Xiaodong Zhu; University of Toronto |
Presented by: Xiaodong Zhu, University of Toronto |
Session 51: Human Capital Accumulation June 27, 2014 9:30 to 11:00 157 |
Session type: contributed |
Human Capital Accumulation in a Federation |
By Daniele Coen-Pirani; University of Pittsburgh |
Presented by: Daniele Coen-Pirani, University of Pittsburgh |
Risky, Lumpy Human Capital in Household Portfolios |
By Kartik Athreya; Federal Reserve Bank of Richmond Felicia Ionescu; Federal Reserve Board Urvi Neelakantan; Federal Reserve Bank of Richmond |
Presented by: Felicia Ionescu, Federal Reserve Board |
Wealth Distribution and Human Capital: How Borrowing Constraints Shape Educational Systems |
By Marti Mestieri; Toulouse School of Economics |
Presented by: Marti Mestieri, Toulouse School of Economics |
Session 52: Employment and Occupational Choice June 27, 2014 9:30 to 11:00 133 |
Session type: contributed |
What Should I Be When I Grow Up? Occupations and Unemployment over the Life Cycle |
By Martin Gervais; University of Iowa Nir Jaimovich; Duke University Henry Siu; University of British Columbia Yaniv Yedid-Levi; The University of British Columbia |
Presented by: Martin Gervais, University of Iowa |
Learning, Occupational Choice and Human Capital Accumulation: A Multi-Armed Bandit Approach |
By Rafael Lopes de Melo; University of Chicago Theodore Papageorgiou; Penn State University |
Presented by: Theodore Papageorgiou, Penn State University |
Hiring Practices, Duration Dependence, and Long-Term Unemployment |
By Gregor Jarosch; University of Chicago Laura Pilossoph; Federal Reserve Bank of New York |
Presented by: Laura Pilossoph, Federal Reserve Bank of New York |
Session 53: Inflation and Welfare in Modern Monetary Models June 27, 2014 9:30 to 11:00 LL1010 |
Session type: contributed |
A Model of Monetary Exchange with Lumpy Consumption |
By Guillaume Rocheteau; University of California, Irvine Pierre-Olivier Weill; UCLA Tsz-Nga Wong; Bank of Canada |
Presented by: Tsz-Nga Wong, Bank of Canada |
Central Bank Purchases of Private Assets |
By Stephen Williamson; Washington University in St. Louis |
Presented by: Stephen Williamson, Washington University in St. Louis |
Rehypothecation |
By David Andolfatto; Federal Reserve Bank of St. Louis Fernando Martin; Federal Reserve Bank of St. Louis Shengxing Zhang; New York University |
Presented by: Fernando Martin, Federal Reserve Bank of St. Lousi |
Session 54: Applications of Dynamic Contracts to Finance June 27, 2014 9:30 to 11:00 LL1020 |
Session type: invited |
Optimal Design of Internal Disclosure |
[slides] |
By Dmitry Orlov; Stanford Graduate School of Business |
Presented by: Dmitry Orlov, Stanford Graduate School of Business |
Adverse Selection, Slow Moving Capital and Misallocation |
By William Fuchs; University of California - Berkeley Brett Green; UC Berkeley--Haas School of Business Dimitris Papanikolaou; Northwestern University |
Presented by: Brett Green, UC Berkeley--Haas School of Business |
Impatience vs. incentives |
[slides] |
By Marcus Opp; UC Berkeley, Haas School of Business John Zhu; Wharton |
Presented by: Marcus Opp, UC Berkeley, Haas School of Business |
Session 55: Search in the Housing Market June 27, 2014 9:30 to 11:00 142 |
Session type: contributed |
Buying First or Selling First? Buyer-Seller Decisions and Housing Market Volatility |
By Espen Moen; Norwegian Business School-BI Plamen Nenov; Norwegian Business School (BI) |
Presented by: Plamen Nenov, Norwegian Business School (BI) |
Homeownership and the Scarcity of Rentals |
By Jonathan Halket; University of Essex Matteo Pignatti; New York University |
Presented by: Jonathan Halket, University of Essex |
moving house |
By Rachel Ngai; london school of economics Kevin Sheedy; London School of Economics |
Presented by: Rachel Ngai, london school of economics |
Session 56: Dynamic Tax Policy June 27, 2014 9:30 to 11:00 LL1025 |
Session type: contributed |
Optimal Taxation with Incomplete Markets |
By anmol bhandari; New York University David Evans; New York University Mikhail Golosov; Princeton University Thomas Sargent; New York University |
Presented by: David Evans, New York University |
Debt and government spending in ambiguous times |
By Axelle Ferriere; New York University Anastasios Karantounias; Federal Reserve Bank of Atlanta |
Presented by: Anastasios Karantounias, Federal Reserve Bank of Atlanta |
Transitional Dynamics and Long-Run Optimal Taxation under Incomplete Markets |
By Omer Acikgoz; Yeshiva University |
Presented by: Omer Acikgoz, Yeshiva University |
Session 57: Topics on Global Production June 27, 2014 9:30 to 11:00 LL1030 |
Session type: invited |
The Margins of Global Sourcing: Theory and Evidence from U.S. Firms |
By Pol Antras; Harvard University Teresa Fort; Tuck School of Business, Dartmouth Felix Tintelnot; University of Chicago |
Presented by: Teresa Fort, Tuck School of Business, Dartmouth |
The Impact of Contract Enforcement Costs on Outsourcing and Aggregate Productivity |
By Johannes Boehm; London School of Economics |
Presented by: Johannes Boehm, London School of Economics |
Export-Learning and FDI with Heterogeneous Firms |
By Amanda Jakobsson; Singapore Management University |
Presented by: Amanda Jakobsson, Singapore Management University |
Session 58: Heterogeneity in Macroeconomics June 27, 2014 9:30 to 11:00 LL1035 |
Session type: invited |
Inequality, Recessions and Recoveries |
By Fabrizio Perri; University of Minnesota |
Presented by: Fabrizio Perri, University of Minnesota |
Intergenerational Redistribution through Monetary Policy |
By Makoto Nakajima; Federal Reserve Bank of Philadelphia |
Presented by: Makoto Nakajima, Federal Reserve Bank of Philadelphia |
Labor Heterogeneity and Asset Prices: the Importance of Skilled Labor |
By Frederico Belo; University of Minnesota and NBER Xiaoji Lin; Ohio State University |
Presented by: Frederico Belo, University of Minnesota and NBER |
Session 59: Understanding the Labor Supply June 27, 2014 9:30 to 11:00 147 |
Session type: contributed |
Job Search Behavior among the Employed and Unemployed |
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: Giorgio Topa, Federal Reserve Bank of New York |
Aggregation and Labor Supply Elasticities |
By Monika Merz; University of Vienna |
Presented by: Monika Merz, University of Vienna |
The Intensity of Job Search and Search Duration |
By Jason Faberman; Federal Reserve Bank of Chicago Marianna Kudlyak; Federal Reserve Bank of Richmond |
Presented by: Jason Faberman, Federal Reserve Bank of Chicago |
Session 60: Marriage, Work and Intra-household Dynamics June 27, 2014 9:30 to 11:00 LL1060 |
Session type: invited |
Relationship Skills in the Labor and Marriage Markets |
By Gueorgui Kambourov; University of Toronto Aloysius Siow; University of Toronto Laura Turner; University of Toronto |
Presented by: Aloysius Siow, University of Toronto |
Marriage Market and Labor Market Search with Endogenous Schooling Decisions |
By Luca Flabbi; IDB and Georgetown University Christopher Flinn; New York University Nezih Guner; ICREA-MOVE |
Presented by: Luca Flabbi, IDB and Georgetown University |
Household Sharing and Commitment: Evidence from Panel Data on Individual Expenditures and Time Use |
By Jeremy Lise; University College London Ken Yamada; Singapore Management University |
Presented by: Ken Yamada, Singapore Management University |
Session 61: Public Finance in a Global Economy June 27, 2014 11:30 to 13:00 1065 |
Session type: invited |
Rethinking Optimal Currency Areas |
By Varadarajan Chari; University of Minneapolis Alessandro Dovis; Penn State Patrick Kehoe; Princeton University |
Presented by: Alessandro Dovis, Penn State |
Sovereign Debt vs Redistributive Taxes: Financing Recoveries in Unequal and Uncommitted Economies |
By Alessandro Dovis; Penn State Mikhail Golosov; Princeton University Ali Shourideh; University of Pennsylavnia |
Presented by: Ali Shourideh, University of Pennsylavnia |
Renegotiation and the Maturity Structure of Sovereign Debt |
By Ananth Ramanarayanan; University of Western Ontario |
Presented by: Ananth Ramanarayanan, University of Western Ontario |
Session 62: Macro Labor June 27, 2014 11:30 to 13:00 LL1010 |
Session type: invited |
Business Cycles and Household Formation |
By Greg Kaplan; Princeton University |
Presented by: Greg Kaplan, Princeton University |
The Cyclicality of the Opportunity Cost of Employment |
By Gabriel Chodorow-Reich; Harvard University Loukas Karabarbounis; University of Chicago |
Presented by: Gabriel Chodorow-Reich, Harvard University |
Men Not At Work |
By Mark Aguiar; Princeton University Erik Hurst; University of Chicago Loukas Karabarbounis; University of Chicago |
Presented by: Erik Hurst, University of Chicago |
Session 63: Financial Market Imperfections June 27, 2014 11:30 to 13:00 LL1020 |
Session type: invited |
Liquidity as Social Expertise |
By Pablo Kurlat; Stanford University |
Presented by: Pablo Kurlat, Stanford University |
Financial Entanglement: A Theory of Incomplete Integration, Leverage, Crashes, and Contagion |
By Nicolae Garleanu; University of California, Berkeley Stavros Panageas; University of Chicago - Booth School of Jianfeng Yu; University of Minnesota |
Presented by: Nicolae Garleanu, University of California, Berkeley |
Liquidity Risk and the Dynamics of Arbitrage Capital |
By Peter Kondor; Central European University Dimitri Vayanos; London School of Economics |
Presented by: Peter Kondor, Central European University |
Session 64: Money, Credit and Inflation June 27, 2014 11:30 to 13:00 LL1025 |
Session type: invited |
Inflation Dynamics During the Financial Crisis |
By Simon Gilchrist; Boston University Raphael Schoenle; Brandeis University jae sim; Federal Reeserve Board Egon Zakrajsek; Federal Reserve Board |
Presented by: Simon Gilchrist, Boston University |
Firm Financing over the Business Cycle |
By Juliane Begenau; Harvard Business School Juliana Salomao; University of Minnesota |
Presented by: Juliana Salomao, University of Minnesota |
High Frequency Identification of Monetary Non-Neutrality |
By Emi Nakamura; Columbia University Jon Steinsson; Columbia University |
Presented by: Emi Nakamura, Columbia University |
Session 65: Housing and Migration June 27, 2014 11:30 to 13:00 133 |
Session type: contributed |
Gross Migration, Housing and Urban Population Dynamics |
By Morris Davis; University of Wisconsin-Madison Jonas Fisher; Federal Reserve Bank of Chicago Marcelo Veracierto; Federal Reserve Bank of Chicago |
Presented by: Jonas Fisher, Federal Reserve Bank of Chicago |
Rural-Urban Migration, Structural Change, and Housing Markets in China |
By Carlos Garriga; Federal Reserve Bank of St. Louis Yang Tang; Nanyang Technological University Ping Wang; Washington University in St. Louis |
Presented by: Yang Tang, Nanyang Technological University |
The Effects of Labor Migration on Optimal Taxation: An International Tax Competition Analysis |
By Soojin Kim; Purdue University |
Presented by: Soojin Kim, Purdue University |
Session 66: Family Economics June 27, 2014 11:30 to 13:00 151 |
Session type: contributed |
Deadbeat Dads |
By Meghan Skira; University of Georgia Andrew Beauchamp; Boston College Geoffrey Sanzenbacher; Analysis Group Shannon Seitz; Boston College |
Presented by: Meghan Skira, University of Georgia |
Marriage Dynamics, Earnings Dynamics, and Lifetime Family Income |
By Joseph Altonji; Yale University Ivan Vidangos; Federal Reserve Board |
Presented by: Ivan Vidangos, Federal Reserve Board |
DINKs, DEWKs & Co. Marriage, Fertility and Childlessness in the United States |
By Thomas Baudin; Université catholique de Louvain David de la Croix; Université catholique Louvain Paula Gobbi; Université catholique de Louvain |
Presented by: David de la Croix, Université catholique Louvain |
Session 67: Macro Approaches to Development June 27, 2014 11:30 to 13:00 LL1030 |
Session type: invited |
Lack of Selection and Poor Management Practices: Firm Dynamics in Developing Countries |
By Ufuk Akcigit; University of Pennsylvania Michael Peters; London School of Economics |
Presented by: Michael Peters, London School of Economics |
Misallocation of Human Capital and the Wealth of Nations |
By Junichi Fujimoto; University of Tokyo David Lagakos; University of California, San Diego |
Presented by: Junichi Fujimoto, University of Tokyo |
Land Misallocation and Productivity |
By Diego Restuccia; University of Toronto Raul Santaeulalia-Llopis; Washington University in St. Louis |
Presented by: Diego Restuccia, University of Toronto |
Session 68: Intermediation in Dynamic Contracts June 27, 2014 11:30 to 13:00 142 |
Session type: contributed |
Sophisticated Intermediation and Aggregate Volatility |
By Luigi Iovino; Bocconi |
Presented by: Luigi Iovino, Bocconi |
Optimal Dynamic Contracts in Financial Intermediation: With an Application to Venture Capital Financing |
[slides] |
By Igor Salitskiy; Stanford University |
Presented by: Igor Salitskiy, Stanford University |
Risk Sharing and Contagion in Networks |
By Antonio Cabrales; University College London Piero Gottardi; European University Institute Fernando Vega-Redondo; Bocconi University |
Presented by: Piero Gottardi, European University Institute |
Session 69: Information Frictions in DSGE Models June 27, 2014 11:30 to 13:00 157 |
Session type: contributed |
Reputation and Liquidity Traps |
By Taisuke Nakata; Federal Reserve Board |
Presented by: Taisuke Nakata, Federal Reserve Board |
Policy Paradoxes in the New-Keynesian Model |
By Michael Kiley; Board of Governors of the Federal Reserve System |
Presented by: Michael Kiley, Board of Governors of the Federal Reserve System |
The Limits of Monetary Policy Under Imperfect Knowledge |
By Stefano Eusepi; Federal Reserve Bank of New York Marc Giannoni; Federal Reserve Bank of New York Bruce Preston; Monash University |
Presented by: Stefano Eusepi, Federal Reserve Bank of New York |
Session 70: Banks, Liquidity and Financial Crises June 27, 2014 11:30 to 13:00 LL1060 |
Session type: invited |
Short-Term Debt and Financial Crises:What we can learn from U.S. Treasury Supply |
By Arvind Krishnamurthy; Northwestern University |
Presented by: Arvind Krishnamurthy, Northwestern University |
Capital Requirements in a Quantitative Model of Banking Industry Dynamics |
By Pablo D'Erasmo; University of Maryland / FRB Philadelphi |
Presented by: Pablo D'Erasmo, University of Maryland / FRB Philadelphi |
Banks, Liquidity Management and Monetary Policy |
By Javier Bianchi; University of Wisconsin |
Presented by: Javier Bianchi, University of Wisconsin |
Session 71: Firms' Heterogeneity June 27, 2014 11:30 to 13:00 147 |
Session type: contributed |
Credit Shocks in an Economy with Heterogeneous Firms and Default |
By Aubhik Khan; Ohio State University Tatsuro Senga; The Ohio State University Julia Thomas; The Ohio State University |
Presented by: Julia Thomas, The Ohio State University |
Serial Entrepreneurship and the Impact of Credit Constraints of Economic Development |
By Galina Vereshchagina; Arizona State University |
Presented by: Galina Vereshchagina, Arizona State University |
Surprise, Surprise - Measuring Firm-Level Investment Innovations |
By Ruediger Bachmann; RWTH Aachen University |
Presented by: Ruediger Bachmann, RWTH Aachen University |
Session 72: Estimation Techniques June 27, 2014 11:30 to 13:00 LL1035 |
Session type: contributed |
The Statistical Implications of Common Identifying Restrictions for DSGE Models |
By Stephen Morris; UC San Diego |
Presented by: Stephen Morris, UC San Diego |
Estimation and Counterfactuals in Dynamic Structural Models Using an Euler-Equations Policy-Iteration Mapping |
By Victor Aguirregabiria; University of Toronto Arvind Magesan; University of Calgary |
Presented by: Victor Aguirregabiria, University of Toronto |
Inference Based on SVARs Identified with Sign and Zero Restrictions: Theory and Applications |
By Jonas Arias; Federal Reserve Board Juan Rubio-Ramirez; Duke University Daniel Waggoner; Federal Reserve Bank of Atlanta |
Presented by: Jonas Arias, Federal Reserve Board |
Session 73: Networks and Decentralized Exchange June 27, 2014 14:30 to 16:00 1065 |
Session type: invited |
Mandatory Disclosure and Financial Contagion |
By Fernando Alvarez; University of Chicago Gadi Barlevy; Federal Reserve Bank of Chicago |
Presented by: Gadi Barlevy, Federal Reserve Bank of Chicago |
Misallocation in the Market for Inputs |
By Ezra Oberfield; Princeton University |
Presented by: Ezra Oberfield, Princeton University |
Decentralized Asset Markets with a Continuum of Types |
By Julien Hugonnier; EPFL Benjamin Lester; Federal Reserve Bank of Philadelphia Pierre-Olivier Weill; UCLA |
Presented by: Benjamin Lester, Federal Reserve Bank of Philadelphia |
Session 74: Public Debt Management June 27, 2014 14:30 to 16:00 142 |
Session type: invited |
Government Debt Management: The Long and Short of It |
By Rigas Oikonomou; HEC Montreal |
Presented by: Rigas Oikonomou, HEC Montreal |
Credibility and the Maturity of Government Debt |
By Cristina Arellano; Federal Reserve Bank of Minneapolis Yan Bai; University of Rochester Patrick Kehoe; Princeton University Ananth Ramanarayanan; University of Western Ontario |
Presented by: Yan Bai, University of Rochester |
Optimal Government Debt Maturity Structure |
By Davide Debortoli; Universitat Pompeu Fabra Ricardo Nunes; Federal Reserve Board Pierre Yared; Columbia University |
Presented by: Davide Debortoli, Universitat Pompeu Fabra |
Session 75: Real Estate - Presented by the Centre for Real Estate and Urban Economics June 27, 2014 14:30 to 16:00 LL1010 |
Session type: contributed |
Proposition 13: An Equilibrium Analysis |
By Ayse Imrohoroglu; usc |
Presented by: Ayse Imrohoroglu, usc |
Default When House Prices are Uncertain |
By Morris Davis; University of Wisconsin-Madison Erwan Quintin; University of Wisconsin at Madison |
Presented by: Morris Davis, University of Wisconsin-Madison |
The Returns to Single Family Rental Strategies |
[slides] |
By andrew demers; nyu Andrea Eisfeldt; UCLA Anderson School of Management |
Presented by: Andrea Eisfeldt, UCLA Anderson School of Management |
Session 76: Capital and Business Cycles June 27, 2014 14:30 to 16:00 LL1020 |
Session type: contributed |
Entry, Exit and the Shape of Aggregate Fluctuations in a General Equilibrium Model with Capital Heterogeneity |
By Gian Luca Clementi; Stern School of Business Aubhik Khan; Ohio State University Berardino Palazzo; Boston University, School of management Julia Thomas; The Ohio State University |
Presented by: Aubhik Khan, Ohio State University |
Inventories and the Role of Goods-Market Frictions for Business Cycles |
By Wouter Den Haan; London School of Economics |
Presented by: Wouter Den Haan, London School of Economics |
The Impact of Intangible Investments on the Macroeconomy |
By Ellen McGrattan; University of Minnesota |
Presented by: Ellen McGrattan, University of Minnesota |
Session 77: Growth and Human Capital June 27, 2014 14:30 to 16:00 133 |
Session type: contributed |
Lifecycle Human Capital Accumulation Across Countries: Lessons From U.S. Immigrants |
By David Lagakos; University of California, San Diego Benjamin Moll; Princeton University Tommaso Porzio; Yale University Nancy Qian; Yale University Todd Schoellman; Arizona State University |
Presented by: Tommaso Porzio, Yale University |
On the Origin and Causes of Economic Growth |
By Nicolas Roys; University of Wisconsin - Madison Ananth Seshadri; University of Wisconsin |
Presented by: Nicolas Roys, University of Wisconsin - Madison |
Human Capital and Development Accounting: New Evidence from Immigrant Earnings |
By Lutz Hendricks; UNC Chapel Hill Todd Schoellman; Arizona State University |
Presented by: Lutz Hendricks, UNC Chapel Hill |
Session 78: Labor Market Dynamics June 27, 2014 14:30 to 16:00 147 |
Session type: contributed |
A Generalized Model of Stock-Flow Matching |
By Carlos Carrillo-Tudela; University of Essex William Hawkins; Yeshiva University |
Presented by: William Hawkins, Yeshiva University |
The Asymmetric Cyclical Behavior of the U.S. Labor Market |
By Domenico Ferraro; Duke University |
Presented by: Domenico Ferraro, Duke University |
Sectoral Shift, Job Mobility and Wage Inequality |
By Florian Hoffmann; University of British Columbia Shouyong Shi; University of Toronto |
Presented by: Shouyong Shi, University of Toronto |
Session 79: Trade Models - Presented by the Rotman Institute for International Business June 27, 2014 14:30 to 16:00 LL1025 |
Session type: invited |
Borders, Geography and Oligopoly: Evidence from the Wind Turbine Industry |
By Felix Tintelnot; University of Chicago A. Kerem Cosar; University of Chicago Paul Grieco; Pennsylvania State University |
Presented by: Felix Tintelnot, University of Chicago |
The Impact of Regional and Sectoral Productivity Changes on the U.S. Economy |
By Lorenzo Caliendo; Yale University Fernando Parro; Federal Reserve Board Esteban Rossi-Hansberg; Princeton University Pierre-Daniel Sarte; Federal Reserve Bank of Richmond |
Presented by: Fernando Parro, Federal Reserve Board |
TradeModels and Trade Elasticities |
By Mike Waugh; New York University |
Presented by: Mike Waugh, New York University |
Session 80: Topics in Macroeconomics and Finance June 27, 2014 14:30 to 16:00 LL1030 |
Session type: invited |
The Inefficient Markets Hypothesis: Why Financial Markets Do Not Work Well in the Real World |
By Roger Farmer; University of California Los Angeles |
Presented by: Roger Farmer, University of California Los Angeles |
Constrained Discretion and Central Bank Transparency |
By Francesco Bianchi; Duke University/U. of Pennsylvania |
Presented by: Francesco Bianchi, Duke University/U. of Pennsylvania |
Productivity and the Welfare of Nations |
By Susanto Basu; Boston College |
Presented by: Susanto Basu, Boston College |
Session 81: Financial Crises June 27, 2014 14:30 to 16:00 LL1035 |
Session type: contributed |
Corporate Cash and Employment |
By Philippe Bacchetta; University of Lausanne Kenza Benhima; University of Lausanne (HEC) Celine Poilly; University of Lausanne |
Presented by: Philippe Bacchetta, University of Lausanne |
Sticky Leverage |
By Joao Gomes; University of Pennsylvania Urban Jermann; University of Pennsylvania Lukas Schmid; UCLA |
Presented by: Joao Gomes, University of Pennsylvania |
Financial Distress and Endogenous Uncertainty |
By Francois Gourio; FRB Chicago |
Presented by: Francois Gourio, FRB Chicago |
Session 82: Life Cycle and Savings Decisions June 27, 2014 14:30 to 16:00 151 |
Session type: contributed |
The Macroeconomics of Alzheimer: A Few Scenarios |
By Christian Zimmermann; Federal Reserve Bank of St. Louis |
Presented by: Christian Zimmermann, Federal Reserve Bank of St. Louis |
Life-Cycle Asset Allocation with Ambiguity Aversion and Learning |
By Kim Peijnenburg; Bocconi University |
Presented by: Kim Peijnenburg, Bocconi University |
Inequality and the Marriage Gap |
By Nawid Siassi; University of Konstanz |
Presented by: Nawid Siassi, University of Konstanz |
Session 83: Social Interactions June 27, 2014 14:30 to 16:00 157 |
Session type: contributed |
Fertility, Social Mobility and Long Run Inequality: Barro-Becker Families in a Bewley World |
By Juan Cordoba; Iowa State University Marla Ripoll; University of Pittsburgh |
Presented by: Marla Ripoll, University of Pittsburgh |
The Geography of Social Change |
By Alessandra Fogli; Federal Reserve Bank of Minneapolis Stefania Marcassa; Université de Cergy-Pontoise |
Presented by: Alessandra Fogli, Federal Reserve Bank of Minneapolis |
Discrete Games in Endogenous Networks: Theory and Policy |
By Anton Badev; Federal Reserve Board |
Presented by: Anton Badev, Federal Reserve Board |
Session 84: Advances in Open Macroeconomics and Finance June 27, 2014 14:30 to 16:00 LL1060 |
Session type: invited |
Take the Short Route: How to repay and restructure sovereign debt with multiple maturities |
By Mark Aguiar; Princeton University Manuel Amador; Federal Reserve Bank of Minneapolis |
Presented by: Mark Aguiar, Princeton University |
Labor Mobility in Currency Unions |
By Emmanuel Farhi; Harvard University Ivan Werning; Massachusetts Institute of Technology |
Presented by: Emmanuel Farhi, Harvard University |
International Liquidity and Exchange Rate Dynamics |
By Matteo Maggiori; NYU Xavier Gabaix; Stern School of Business |
Presented by: Matteo Maggiori, NYU |
Session 85: Income Distribution and Risk Sharing June 27, 2014 16:30 to 18:00 151 |
Session type: contributed |
Capital Income Taxation with Household and Firm Heterogeneity |
By Alexis Anagnostopoulos; Stony Brook University Orhan Atesagaoglu; SUNY-Stony Brook Eva Carceles-Poveda; Stony Brook University |
Presented by: Alexis Anagnostopoulos, Stony Brook University |
Labor Shares and Income Inequality |
By Jonathan Adams; University of Chicago Loukas Karabarbounis; University of Chicago Brent Neiman; University of Chicago |
Presented by: Brent Neiman, University of Chicago |
Unemployment (fears), precautionary savings, and aggregate demand |
By Pontus Rendahl; University of Cambridge Markus Riegler; LSE Wouter den Haan |
Presented by: Markus Riegler, LSE |
Session 86: Sources of Risk in Macro-Asset-Pricing Models June 27, 2014 16:30 to 18:00 142 |
Session type: contributed |
Long-Term Asset Price Volatility and Macroeconomic Fluctuations |
By Miguel Iraola; University of Miami Manuel Santos; University of Miami |
Presented by: Miguel Iraola, University of Miami |
External Equity Financing Costs, Financial Flows, and Asset Prices |
By Frederico Belo; University of Minnesota and NBER Xiaoji Lin; The Ohio State University Fan Yang; University of Hong Kong |
Presented by: Xiaoji Lin, The Ohio State University |
The Origins of Stock Market Fluctuations |
By Daniel Greenwald; New York University Martin Lettau; Haas School of Business Sydney Ludvigson; New York University |
Presented by: Daniel Greenwald, New York University |
Session 87: Sovereign Default and Maturity June 27, 2014 16:30 to 18:00 1065 |
Session type: contributed |
Sovereign default and the choice of maturity |
By Juan Sanchez; Federal Reserve Bank of St. Louis Horacio Sapriza; Board of Governors Emircan Yurdagul; Washington University in Saint Louis |
Presented by: Horacio Sapriza, Board of Governors |
Maturity and Repayment Structure of Sovereign Debt |
By Yan Bai; University of Rochester Seon Tae Kim; Instituto Tecnológico Autónomo de México Gabriel Mihalache; University of Rochester |
Presented by: Gabriel Mihalache, University of Rochester |
Optimal Taxation with Endogenous Default under Incomplete Markets |
By Demian Pouzo; UC Berkeley Ignacio Presno; Federal Reserve Bank of Boston |
Presented by: Ignacio Presno, Federal Reserve Bank of Boston |
Session 88: Information Frictions in Macro-Finance June 27, 2014 16:30 to 18:00 LL1010 |
Session type: invited |
Uncertainty Shocks and the Role of the Black Swan |
[slides] |
By Anna Orlik; Federal Reserve Board of Governors Laura Veldkamp; NYU Stern |
Presented by: Laura Veldkamp, NYU Stern |
Units of Account and the Informational Role of Prices |
By Guido Lorenzoni; Northwestern University |
Presented by: Guido Lorenzoni, Northwestern University |
The Social Value of Private Information |
By Tarek Hassan; The University of Chicago Thomas Mertens; New York University |
Presented by: Thomas Mertens, New York University |
Session 89: Formal and Informal Institutions in Economic Development June 27, 2014 16:30 to 18:00 LL1020 |
Session type: invited |
Mis-allocation of Political Capital |
By Frederico Finan; stanford Maurizio Mazzocco; UCLA |
Presented by: Maurizio Mazzocco, UCLA |
Globalization and Political Structure |
By Gino Gancia; CREI |
Presented by: Gino Gancia, CREI |
Making Democracy Work: The Effects of Social Capital and Elections on Public Goods in China |
By Nancy Qian; Yale University |
Presented by: Nancy Qian, Yale University |
Session 90: Dale Mortensen Honorary Session: Search and Matching June 27, 2014 16:30 to 18:00 LL1025 |
Session type: invited |
Marriage, Markets and Money: A Coasian Theory of Household Formation |
By Randall Wright; U Wisconsin |
Presented by: Randall Wright, U Wisconsin |
Equilibrium Price Dispersion with Sequential Search |
By Guido Menzio; University of Pennsylvania Nicholas Trachter; Federal Reserve Bank of Richmond |
Presented by: Guido Menzio, University of Pennsylvania |
A Simple Model of Price Dispersion and Price Rigidity |
By Kenneth Burdett; UPenn Guido Menzio; University of Pennsylvania Randall Wright; U Wisconsin |
Presented by: Kenneth Burdett, UPenn |
The net benefit from employment and duration dependence in the exit rate from unemployment |
By Robert Shimer; University of Chicago Katarina Borovickova; New York University Fernando Alvarez; University of Chicago |
Presented by: Robert Shimer, University of Chicago |
Session 91: Fertility and Childcare June 27, 2014 16:30 to 18:00 LL1030 |
Session type: contributed |
Bargaining over Babies |
By Matthias Doepke; Northwestern University Fabian Kindermann; University of Wuerzburg |
Presented by: Fabian Kindermann, University of Wuerzburg |
Childcare and commitment within households |
By Paula Gobbi; Université catholique de Louvain |
Presented by: Paula Gobbi, Université catholique de Louvain |
Session 92: Industrial Organization June 27, 2014 16:30 to 18:00 LL1035 |
Session type: contributed |
The Illiquidity of Water Markets |
By Javier Donna; The Ohio State University Jose-Antonio Espin-Sanchez; Northwestern University |
Presented by: Javier Donna, The Ohio State University |
Efficiency and Foreclosure Effects of All-Units Discounts: Empirical Evidence |
By Christopher Conlon; Columbia University Julie Mortimer; Boston College |
Presented by: Julie Mortimer, Boston College |
Why is Productivity Correlated with Competition? |
By Matthew Backus; Cornell University |
Presented by: Matthew Backus, Cornell University |
Session 93: Bank Runs June 27, 2014 16:30 to 18:00 157 |
Session type: contributed |
Equilibrium Bank Runs Revisied |
[slides] |
By David Andolfatto; Federal Reserve Bank of St. Louis Ed Nosal; Federal Reserve Bank of Chicago Bruno Sultanum; The Pennsylvania State University |
Presented by: Bruno Sultanum, The Pennsylvania State University |
Transparency and Bank runs |
By Cecilia Parlatore Siritto; The Wharton School - University of Penns |
Presented by: Cecilia Parlatore Siritto, The Wharton School - University of Penns |
Optimal investment taxes and efficient market provision of liquidity in the Diamond-Dybvig model |
By Borys Grochulski; Federal Reserve Bank of Richmond Yuzhe Zhang; Texas A&M University |
Presented by: Borys Grochulski, Federal Reserve Bank of Richmond |
Session 94: Technology and Productivity June 27, 2014 16:30 to 18:00 LL1060 |
Session type: contributed |
Micro Data and Macro Technology |
By Ezra Oberfield; Princeton University Devesh Raval; Federal Trade Commission |
Presented by: Devesh Raval, Federal Trade Commission |
On the Efficiency of the World Capital Allocation |
By Alexander Monge; Penn State University Juan Sanchez; Federal Reserve Bank of St. Louis Raul Santaeulalia-Llopis; Washington University in St. Louis |
Presented by: Alexander Monge, Penn State University |
Dynamics of Factor Productivity Dispersions |
By Christian Bayer; Universitaet Bonn Ariel Mecikovsky; Universitaet Bonn Matthias Meier; Universitaet Bonn |
Presented by: Matthias Meier, Universitaet Bonn |
Session 95: Optimal Monetary Policy June 27, 2014 16:30 to 18:00 133 |
Session type: contributed |
Time Consistency and the Duration of Government Debt: A Signalling Theory of Quantitative Easing |
By Saroj Bhatarai; Pennsylvania State University Gauti Eggertsson; Brown University Bulat Gafarov; Pennsylvania State University |
Presented by: Bulat Gafarov, Pennsylvania State University |
Uncertainty and the Signaling Channel of Monetary Policy |
By Jenny Tang; Harvard University |
Presented by: Jenny Tang, Harvard University |
Commitment versus Discretion in a Political Economy Model of Fiscal and Monetary Policy Interaction |
By David Miller; Federal Reserve Board |
Presented by: David Miller, Federal Reserve Board |
Session 96: Fiscal Policy and Uncertainty June 27, 2014 16:30 to 18:00 147 |
Session type: contributed |
The Welfare Costs of Fiscal Uncertainty: a Quantitative Evaluation |
By Ruediger Bachmann; RWTH Aachen University Jinhui Bai; Georgetown University Minjoon Lee; University of Michigan Fudong Zhang; University of Michigan |
Presented by: Jinhui Bai, Georgetown University |
Uncertainty and Fiscal Cliffs |
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 |
Robust Dynamic Optimal Taxation and Environmental Externalities |
By Borghan Narajabad; Federal Reserve Ted Temzelides; Rice University |
Presented by: Borghan Narajabad, Federal Reserve |
Session 97: Household Debt and the Macroeconomy June 28, 2014 9:30 to 11:00 1065 |
Session type: invited |
Why is too much leverage bad for the economy? |
By John Geanakoplos; Yale University Felix Kubler; University of Zurich and SFI |
Presented by: Felix Kubler, University of Zurich and SFI |
Debt Overhang and Monetary Policy |
By Costas Azariadis; Washington University in St Louis James Bullard Aarti Singh; University of Sydney Jacek Suda; Banque de France |
Presented by: Aarti Singh, University of Sydney |
Credit Supply and the Housing Boom |
By Alejandro Justiniano; Federal Reerve Chicago Giorgio Primiceri; Northwestern University Andrea Tambalotti; Federal Reserve Bank of New York |
Presented by: Alejandro Justiniano, Federal Reerve Chicago |
Session 98: Fiscal and Monetary Policy in DSGE Models June 28, 2014 9:30 to 11:00 151 |
Session type: contributed |
A Narrative Approach to a Fiscal DSGE Model |
By Thorsten Drautzburg; Federal Reserve Bank of Philadelphia |
Presented by: Thorsten Drautzburg, Federal Reserve Bank of Philadelphia |
When does a central bank's balance sheet require fiscal support? |
By Marco Del Negro; Federal Reserve Bank of New York Christopher Sims; Princeton University |
Presented by: Marco Del Negro, Federal Reserve Bank of New York |
Monetary and macroprudential policy with multi-period loans |
By Michał Brzoza-Brzezina; National Bank of Poland Paolo Gelain; Norges Bank Marcin Kolasa; National Bank of Poland |
Presented by: Michał Brzoza-Brzezina, National Bank of Poland |
Session 99: Wages Dynamics June 28, 2014 9:30 to 11:00 133 |
Session type: contributed |
Training Contracts, Worker Overconfidence, and the Provision of Firm-Sponsored General Training |
By Mitchell Hoffman; University of Toronto |
Presented by: Mitchell Hoffman, University of Toronto |
Reconciling the divergence in aggregate U.S. wage series |
By Julien Champagne; Bank of Canada |
Presented by: Julien Champagne, Bank of Canada |
A Dynamic Analysis of Sectoral Mobility, Worker Mismatch, and the Wage-Tenure Profile |
By Stephane Auray; CREST-Ensai David Fuller; Concordia University Damba Lkhagvasuren; Concordia University Antoine Terracol; Université Paris 1 |
Presented by: Damba Lkhagvasuren, Concordia University |
Session 100: Effects of Monetary Policy on Asset Prices June 28, 2014 9:30 to 11:00 LL1010 |
Session type: contributed |
Macroeconomic linkages between monetary policy and the term structure of interest rates |
By Howard Kung; University of British Columbia |
Presented by: Howard Kung, University of British Columbia |
Monetary Policy Drivers of Bond and Equity Risks |
By John Campbell; Harvard University Carolin Pflueger; University of British Columbia Luis Viceira; Harvard Business School |
Presented by: Carolin Pflueger, University of British Columbia |
Financial Frictions and Reaction of Stock Prices to Monetary Policy Shocks |
By Ali Ozdagli; Federal Reserve Bank of Boston |
Presented by: Ali Ozdagli, Federal Reserve Bank of Boston |
Session 101: Productivity, Misallocation and Development June 28, 2014 9:30 to 11:00 LL1020 |
Session type: contributed |
Managerial Delegation and Aggregate Productivity |
By Jan Grobovsek; University of Edinburgh |
Presented by: Jan Grobovsek, University of Edinburgh |
Policy Distortions and Aggregate Productivity with Endogenous Establishment-Level Productivity |
By Jose-Maria Da-Rocha; Universidade de Vigo Marina Mendes Tavares; ITAM and IMF Diego Restuccia; University of Toronto |
Presented by: Marina Mendes Tavares, ITAM and IMF |
Credit, Misallocation and TFP: The case of Mexico (2003-2010) |
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 |
Session 102: Financial Networks June 28, 2014 9:30 to 11:00 LL1025 |
Session type: invited |
Where to Trade: OTC vs Exchanges |
By Ana Babus; Imperial College London Cecilia Parlatore Siritto; The Wharton School - University of Penns |
Presented by: Ana Babus, Imperial College London |
Intermediation and Voluntary Exposure to Counterparty Risk |
By Maryam Farboodi; University of Chicago |
Presented by: Maryam Farboodi, University of Chicago |
Incomplete Information and Financial Networks |
By Jennifer La'O; Columbia University Alireza Tahbaz-Salehi; Columbia Business School |
Presented by: Jennifer La'O, Columbia University |
Session 103: Social Security June 28, 2014 9:30 to 11:00 142 |
Session type: contributed |
A Historical Welfare Analysis of Social Security: Who Did the Program Benefit? |
By William Peterman; Federal Reserve Board of Governors |
Presented by: William Peterman, Federal Reserve Board of Governors |
Private Pensions, Retirement Wealth and Lifetime Earnings |
By James MacGee; UWO Jie Zhou; Bank of Canada |
Presented by: Jie Zhou, Bank of Canada |
Social Security and the Interactions Between Aggregate and Idiosyncratic Risk |
By Daniel Harenberg; ETH Zürich Alexander Ludwig; CMR, University of Cologne |
Presented by: Daniel Harenberg, ETH Zürich |
Session 104: Occupational Mobility June 28, 2014 9:30 to 11:00 LL1060 |
Session type: contributed |
Training Programs, Skills, and Human Capital: A Life-Cycle Approach |
By Florian Hoffmann; University of British Columbia Gueorgui Kambourov; University of Toronto |
Presented by: Gueorgui Kambourov, University of Toronto |
Occupational Mobility Across Years, Decades and a Century |
By Sekyu Choi; Universitat Autonoma de Barcelona |
Presented by: Sekyu Choi, Universitat Autonoma de Barcelona |
The Barriers to Occupational Mobility: An Aggregate Analysis |
By Matias Cortes; University of Manchester Giovanni Gallipoli; UBC |
Presented by: Giovanni Gallipoli, UBC |
Session 105: Labor Market and Financial Frictions June 28, 2014 9:30 to 11:00 LL1030 |
Session type: contributed |
Aggregate implications of financial and labour market frictions |
By Andrea Caggese; Pompeu Fabra University Ander Perez; Universitat Pompeu Fabra |
Presented by: Ander Perez, Universitat Pompeu Fabra |
Debt Constraints and Unemployment |
By Patrick Kehoe; Princeton University Virgiliu Midrigan; New York University Elena Pastorino; University of Minnesota |
Presented by: Patrick Kehoe, Princeton University |
The Impact of Consumer Credit Access on Unemployment |
By Kyle Herkenhoff; UCLA |
Presented by: Kyle Herkenhoff, UCLA |
Session 106: Sovereign Debt Crises June 28, 2014 9:30 to 11:00 147 |
Session type: contributed |
The Pass-Through of Sovereign Risk |
By Luigi Bocola; University of Pennsylvania |
Presented by: Luigi Bocola, University of Pennsylvania |
Austerity |
By Harris Dellas; University of Bern Dirk Niepelt; Study Center Gerzensee; U Bern |
Presented by: Dirk Niepelt, Study Center Gerzensee; U Bern |
Sovereign Bailouts |
By Bulent Guler; Indiana University - Bloomington Juan Hatchondo; Indiana University Burhanettin Kuruscu; University of Toronto Leonardo Martinez; International Monetary Fund |
Presented by: Juan Hatchondo, Indiana University |
Session 107: Job-to-job Flows June 28, 2014 9:30 to 11:00 LL1035 |
Session type: contributed |
The growth potential of startups over the business cycle |
By Petr Sedlacek; Bonn University Vincent Sterk; University College London |
Presented by: Petr Sedlacek, Bonn University |
Cyclical Reallocation of Workers Across Large and Small Employers |
By John Haltiwanger; University of Maryland Henry Hyatt; US Census Bureau Erika McEntarfer; US Census Bureau |
Presented by: Henry Hyatt, US Census Bureau |
Measuring Matching Efficiency with Heterogeneous Jobseekers |
By Robert Hall; STANFORD UNIVERSITY Sam Schulhofer-Wohl; Federal Reserve Bank of Minneapolis |
Presented by: Sam Schulhofer-Wohl, Federal Reserve Bank of Minneapolis |
Session 108: Dynamic Optimal Taxation June 28, 2014 9:30 to 11:00 157 |
Session type: contributed |
Optimal taxation with home production |
By Conny Olovsson; Sveriges riksbank |
Presented by: Conny Olovsson, Sveriges riksbank |
Dynamic Capital Tax Competition in a Two-country Model |
By Paul Klein; Simon Fraser University |
Presented by: Paul Klein, Simon Fraser University |
Simple Labor Income Tax Systems with Endogenous Employment Contracts |
[slides] |
By Anqi Li; Washington University in St. Louis Yiqing Xing; Stanford University |
Presented by: Yiqing Xing, Stanford University |
Session 109: Aggregate Implications of Microeconomic Price-setting Behavior June 28, 2014 11:30 to 13:00 151 |
Session type: contributed |
Logit Price Dynamics |
By James Costain; Bank of Spain Anton Nakov; ECB and CEPR |
Presented by: Anton Nakov, ECB and CEPR |
Information Frictions, Nominal Shocks, and the Role of Inventories in Price-Setting Decisions |
By Camilo Morales-Jimenez; University of Maryland, College Park |
Presented by: Camilo Morales-Jimenez, University of Maryland, College Park |
Menu Costs, Aggregate Fluctuations and Large Shocks |
[slides] |
By Peter Karadi; European Central Bank Adam Reiff; National Bank of Hungary |
Presented by: Peter Karadi, European Central Bank |
Session 110: Information and Coordination June 28, 2014 11:30 to 13:00 1065 |
Session type: invited |
Market Efficiency and Real Efficiency: The Connect and Disconnect via Feedback Effects |
By Itay Goldstein; University of Pennsylvania Liyan Yang; Joseph L. Rotman School of Management |
Presented by: Itay Goldstein, University of Pennsylvania |
Precision of Market-Generated Information in Economies with Coordination Motives |
By Giacomo Rondina; University of California, San Diego Myungkyu Shim; University of California, San Diego |
Presented by: Giacomo Rondina, University of California, San Diego |
Debt Crises: For Whom the Bell Tolls |
By Harold Cole; University of Pennsylvania Daniel Neuhann; University of Pennsylvania Guillermo Ordonez; University of Pennsylvania |
Presented by: Guillermo Ordonez, University of Pennsylvania |
Session 111: Sovereign Default and Policies June 28, 2014 11:30 to 13:00 LL1010 |
Session type: invited |
Sovereign Risk and Bank Balance Sheets: The Role of Macroprudential Policies |
By Emine Boz; International Monetary Fund Pablo D'Erasmo; University of Maryland / FRB Philadelphi Bora Durdu; Federal Reserve Board |
Presented by: Bora Durdu, Federal Reserve Board |
Austerity and Bailouts in Sovereign Debt Restructurings |
By David Benjamin; SUNY Buffalo Mark Wright; Federal Reserve Bank of Chicago |
Presented by: David Benjamin, SUNY Buffalo |
Sovereign Defaults and Banking Crises |
By Cesar Sosa-Padilla; McMaster University |
Presented by: Cesar Sosa-Padilla, McMaster University |
Session 112: Multisector Economies June 28, 2014 11:30 to 13:00 157 |
Session type: contributed |
Forecast Shocks in Production Networks |
By Can Tian; University of Pennsylvania |
Presented by: Can Tian, University of Pennsylvania |
Sectoral Contagion: A Dynamic Factor Analysis \\ of the Great Recession |
By Nan Li; International Monetary Fund Vance Martin; University of Melbourne |
Presented by: Nan Li, International Monetary Fund |
Aggregate Fluctuations and the Industry Structure of the US Economy |
By Julieta Caunedo; Washington University in St. Louis |
Presented by: Julieta Caunedo, Washington University in St. Louis |
Session 113: Long-run Fertility Dynamics June 28, 2014 11:30 to 13:00 LL1020 |
Session type: invited |
Fertility Transitions along the Extensive and Intensive Margin |
By Daniel Aaronson; Federal Reserve Bank of Chicago Fabian Lange; McGill University |
Presented by: Daniel Aaronson, Federal Reserve Bank of Chicago |
The Biocultural Origins of Human Capital Formation |
By Oded Galor; Brown University Marc Klemp; Brown University |
Presented by: Marc Klemp, Brown University |
Differential Fertility, Human Capital, and Development |
By Tom Vogl; Princeton University |
Presented by: Tom Vogl, Princeton University |
Session 114: News Shocks June 28, 2014 11:30 to 13:00 LL1025 |
Session type: invited |
News Driven Business Cycles: Insights and Challenges |
By Franck Portier; Toulouse School of Economics |
Presented by: Franck Portier, Toulouse School of Economics |
Noisy News in Business Cycles |
By Luca Gambetti; Universitat Autonoma de Barcelona |
Presented by: Luca Gambetti, Universitat Autonoma de Barcelona |
News shocks and Business cycles: Evidence from forecast data |
By Wataru Miyamoto; Columbia University Thuy Lan Nguyen; Columbia University |
Presented by: Thuy Lan Nguyen, Columbia University |
Session 115: Monetary Policy Design June 28, 2014 11:30 to 13:00 133 |
Session type: contributed |
The Perils of Nominal Targets |
By Roc Armenter; Federal Reserve Bank of Philadelphia |
Presented by: Roc Armenter, Federal Reserve Bank of Philadelphia |
Designing a Simple Loss Function for the Fed: Does the Dual Mandate Make Sense? |
By Davide Debortoli; Universitat Pompeu Fabra Jinill Kim; Korea University Jesper Linde; Federal Reserve Board Ricardo Nunes; Federal Reserve Board |
Presented by: Ricardo Nunes, Federal Reserve Board |
Monetary and Fiscal Policies in a Heterogeneous-Agent Economy |
By Hongfei Sun; Queen's University |
Presented by: Hongfei Sun, Queen's University |
Session 116: Intergenerational Transmission June 28, 2014 11:30 to 13:00 LL1035 |
Session type: contributed |
On The Production of Skills and the Birth Order Effect |
By Ronni Pavan |
Presented by: Ronni Pavan, |
Parenting with Style: Altruism and Paternalism in Intergenerational Preference Transmission |
By Matthias Doepke; Northwestern University Fabrizio Zilibotti; University of Zurich |
Presented by: Matthias Doepke, Northwestern University |
Technology and Intergenerational Persistence: Theory and Some Evidence. |
By Giovanni Gallipoli; UBC Brant Abbott; Yale University |
Presented by: Brant Abbott, Yale University |
Session 117: Self-fulfilling Credit Crises June 28, 2014 11:30 to 13:00 142 |
Session type: contributed |
Self-Fulfilling Credit Cycles |
By Costas Azariadis; Washington University in St Louis Leo Kaas; University of Konstanz Yi Wen; Federal Reserve Bank of St. Louis |
Presented by: Leo Kaas, University of Konstanz |
Expectations vs. fundamentals: Does the cause of banking panics matter for prudential policy? |
By Todd Keister; Rutgers University Vijay Narasiman; Harvard Business School |
Presented by: Todd Keister, Rutgers University |
Breaking the Spell with Credit-Easing: Self-Confirming Credit Crises in Competitive Search Economies |
By Gaetano Gaballo; Banque de France Ramon Marimon; European University Institute |
Presented by: Gaetano Gaballo, Banque de France |
Session 118: Income Inequality June 28, 2014 11:30 to 13:00 LL1030 |
Session type: contributed |
Evolution of Inequality within Firms |
By Jae Song; Social Security Administration David Price; Stanford University Fatih Guvenen; University of Minnesota Nick Bloom; Stanford & CEP |
Presented by: David Price, Stanford University |
The Distribution of Lifetime Incomes in the United States |
By Fatih Guvenen; University of Minnesota Greg Kaplan; Princeton University Jae Song; Social Security Administration |
Presented by: Fatih Guvenen, University of Minnesota |
Consumption and Income Inequality in Sub-Saharan Africa: A Lifetime with No Humps and Low Partial Insurance |
By Leandro De Magalhaes; University of Bristol Raul Santaeulalia-Llopis; Washington University in St. Louis |
Presented by: Leandro De Magalhaes, University of Bristol |
Session 119: Topics in New Dynamic Public Finance June 28, 2014 11:30 to 13:00 LL1060 |
Session type: contributed |
Providing Efficient Incentives to Work: Retirement Ages and the Pension System. |
By Ali Shourideh; University of Pennsylavnia Maxim Troshkin; Cornell University |
Presented by: Maxim Troshkin, Cornell University |
How Much Does Atlas Shrug? |
By Laurence Ales; Carnegie Mellon University Andres Bellofatto; Carnegie Mellon University JessieJiaxu Wang; Carnegie Mellon University |
Presented by: Andres Bellofatto, Carnegie Mellon University |
Differential Mortality and Progressivity of Social Security |
By Roozbeh Hosseini; Arizona State University Ali Shourideh; University of Pennsylavnia |
Presented by: Roozbeh Hosseini, Arizona State University |
Session 120: Topics in Asset Pricing June 28, 2014 11:30 to 13:00 147 |
Session type: contributed |
Complexity in Structured Finance: Financial Wizardry or Smoke and Mirrors |
By Andra Ghent; Arizona State University Rossen Valkanov; University of California, San Diego |
Presented by: Rossen Valkanov, University of California, San Diego |
International Liquidity CAPM |
By Aytek Malkhozov; McGill University Philippe Mueller; London School of Economics Andrea Vedolin; London School of Economics Gyuri Venter; Copenhagen Business School |
Presented by: Gyuri Venter, Copenhagen Business School |
Asset Pricing and Monetary Policy |
By Bingbing Dong; University of Virginia |
Presented by: Bingbing Dong, University of Virginia |
Session 121: Information Processing and Inaction June 28, 2014 14:30 to 16:00 1065 |
Session type: invited |
Sparse Dynamic Programming and Aggregate Fluctuations |
By Xavier Gabaix; Stern School of Business |
Presented by: Xavier Gabaix, Stern School of Business |
Sticky Multiple-Price Policies |
By Luminita Stevens; University of Maryland |
Presented by: Luminita Stevens, University of Maryland |
Paralyzed by Fear: Rigid and Discrete Pricing under Demand Uncertainty |
By Cosmin Ilut; Duke University Rosen Valchev; Duke University Nicolas Vincent; HEC Montréal |
Presented by: Cosmin Ilut, Duke University |
Session 122: Using Geographic Variation to Answer Macro Questions June 28, 2014 14:30 to 16:00 LL1010 |
Session type: invited |
House Prices and Retail Prices |
By Johannes Stroebel; New York University Joe Vavra; University of Chicago |
Presented by: Joe Vavra, University of Chicago |
How Much Do Official Price Indexes Tell Us About Inflation? |
By Jessie Handbury; University of Pennsylvania Tsutomu Watanabe; Hitotsubashi University David Weinstein; Columbia University |
Presented by: Jessie Handbury, University of Pennsylvania |
Are Chinese Growth and Inflation Too Smooth? Evidence from Engel Curves |
By Emi Nakamura; Columbia University Jon Steinsson; Columbia University Miao Liu; Columbia University |
Presented by: Jon Steinsson, Columbia University |
Session 123: Rollover Risk, Default Regulations, and Credit Scoring in the US Credit Card Market June 28, 2014 14:30 to 16:00 LL1020 |
Session type: invited |
On Prepayment and Rollover Risk in the US Credit Card Market |
By Lukasz Drozd; Wharton School of the University of Pennsylvania Ricardo Serrano-Padial; University of Wisconsin - Madison |
Presented by: Lukasz Drozd, Wharton School of the University of Pennsylvania |
Labor Market Upheaval, Default Regulations, and Consumer Debt |
By Kartik Athreya; Federal Reserve Bank of Richmond |
Presented by: Kartik Athreya, Federal Reserve Bank of Richmond |
A Theory of Credit Scoring and Competitive Pricing of Default Risk |
By Dean Corbae; University of Wisconsin |
Presented by: Dean Corbae, University of Wisconsin |
Session 124: Firm Performance in Developing Economies June 28, 2014 14:30 to 16:00 LL1025 |
Session type: invited |
Exports and Firm Performance: Evidence from a Randomized Experiment |
By David Atkin; Yale University Amit Khandelwal; Columbia Business School Adam Osman; Yale University |
Presented by: David Atkin, Yale University |
From Manufacturing to Retail: An Anatomy of Chinese Footwear Firms |
By Daniel Yi Xu; Duke University |
Presented by: Daniel Yi Xu, Duke University |
Supervisory Management and Productivity Dispersion in the Bangladeshi Garment Sector |
By Christopher Woodruff; University of Warwick Rocco Macchiavello; Warwick University |
Presented by: Christopher Woodruff, University of Warwick |
Session 125: Dynamic Political Economy June 28, 2014 14:30 to 16:00 LL1030 |
Session type: invited |
Political Bargaining in a Changing World |
By Juan Ortner; Boston University |
Presented by: Juan Ortner, Boston University |
Efficiency of Mandatory and Discretionary Spending |
By Renee Bowen; Stanford GSB Ying Chen; University of Southampton and Johns Hopkins University Hulya Eraslan; Johns Hopkins University Jan Zapal; IAE-CSIC Barcelona and CERGE-EI Prague |
Presented by: Renee Bowen, Stanford GSB |
Markovian Elections |
By John Duggan; University of Rochester Jean Guillaume Forand; University of Waterloo |
Presented by: Jean Guillaume Forand, University of Waterloo |
Session 126: Empirical Macroeconomics of Price Dynamics June 28, 2014 14:30 to 16:00 133 |
Session type: contributed |
Nominal Rigidities and Asset Pricing |
By Michael Weber; UC Berkeley |
Presented by: Michael Weber, UC Berkeley |
The Magnitude of Menu Costs: A Structural Estimation |
By Andrea Stella; Federal Reserve Board |
Presented by: Andrea Stella, Federal Reserve Board |
On what states do prices depend? Answers from Ecuador |
[slides] |
By Craig Benedict; Vanderbilt University Mario Crucini; Vanderbilt University Anthony Landry; University of Pennsylvania |
Presented by: Anthony Landry, University of Pennsylvania |
Session 127: Gains from Trade - Presented by the Rotman Institute for International Business June 28, 2014 14:30 to 16:00 LL1035 |
Session type: contributed |
Does Trade Liberalization Increase Average Plant Productivity? |
By Wyatt Brooks; University of Notre Dame Timothy Kehoe; University of Minnesota Pau Pujolas; McMaster University |
Presented by: Timothy Kehoe, University of Minnesota |
Capital goods trade and economic development |
By Piyusha Mutreja; Syracuse University B Ravikumar; Federal Reserve Bank of St Louis Michael Sposi; Federal Reserve Bank of Dallas |
Presented by: B Ravikumar, Federal Reserve Bank of St Louis |
Estimating the Productivity Gains of Importing |
By Joaquin Blaum; Brown University Claire Lelarge; INSEE Michael Peters; London School of Economics |
Presented by: Joaquin Blaum, Brown University |
Session 128: Dynamic Contracts June 28, 2014 14:30 to 16:00 147 |
Session type: contributed |
The Dual Approach to Recursive Optimization: Theory and Examples |
By Matthias Messner; Bocconi University Nicola Pavoni; Bocconi University Christopher Sleet; Carnegie Mellon University |
Presented by: Christopher Sleet, Carnegie Mellon University |
Dynamic Contracting: An Irrelevance Result |
[slides] |
By Balazs Szentes; London School of Economics Peter Eso; University of Oxford |
Presented by: Balazs Szentes, London School of Economics |
A Duality Approach to Continuous-Time Contracting Problems with Limited Commitment |
By Jianjun Miao; Boston University Yuzhe Zhang; Texas A&M University |
Presented by: Yuzhe Zhang, Texas A&M University |
Session 129: Labor Market Policies - Presented by the School of Public Policy and Governance June 28, 2014 14:30 to 16:00 142 |
Session type: contributed |
Labor Market Reform and the Cost of Business Cycles |
By Tom Krebs; University of Mannheim |
Presented by: Tom Krebs, University of Mannheim |
Health Care Reform or Labor Market Reform? A Quantitative Analysis of the Affordable Care Act |
By Makoto Nakajima; Federal Reserve Bank of Philadelphia Didem Tuzemen; Federal Reserve Bank of Kansas City |
Presented by: Didem Tuzemen, Federal Reserve Bank of Kansas City |
The Economics of Severance Pay |
By Pietro Garibaldi |
Presented by: Pietro Garibaldi, |
Session 130: Worker Heterogeneity and Sorting June 28, 2014 14:30 to 16:00 151 |
Session type: contributed |
Competing Teams |
By Hector Chade; arizona state university |
Presented by: Hector Chade, arizona state university |
Sorting Multidimensional Types: Theory and Application |
By Ilse Lindenlaub; European University Institute |
Presented by: Ilse Lindenlaub, European University Institute |
Heterogeneity, Selection and Labor Market Disparities |
By Alessandra Bonfiglioli; Universitat Pompeu Fabra Gino Gancia; CREI |
Presented by: Alessandra Bonfiglioli, Universitat Pompeu Fabra |
Session 131: DSGE Models with Capital June 28, 2014 14:30 to 16:00 157 |
Session type: contributed |
Monetary Policy and Global Equilibria in an Economy with Capital |
By Andreas Hornstein; Federal Reserve Bank of Richmond Tim Hursey; University of Pennsylvania Alexander Wolman; Federal Reserve Bank of Richmond |
Presented by: Andreas Hornstein, Federal Reserve Bank of Richmond |
Factor Specifi city and Real Rigidities |
By Fernanda Nechio; Federal Reserve Bank of San Francisco Carlos Carvalho; PUC-Rio |
Presented by: Fernanda Nechio, Federal Reserve Bank of San Francisco |
Inflation Dynamics and Marginal Costs: the Crucial Role of Hiring and Investment Frictions |
By Renato Faccini; Queen Mary, University of London Eran Yashiv; Tel Aviv University |
Presented by: Renato Faccini, Queen Mary, University of London |
Session 132: Progressive Income Taxation June 28, 2014 14:30 to 16:00 LL1060 |
Session type: invited |
The Redistributive Benefits of Progressive Labor and Capital Income Taxation |
By Dirk Krueger; University of Pennsylvania |
Presented by: Dirk Krueger, University of Pennsylvania |
Macroeconomic Implications of Tax Cuts for the Top Income Groups: 1960 - 2010 |
By Baris Kaymak; Universite de Montreal Markus Poschke; McGill University, Montreal |
Presented by: Baris Kaymak, Universite de Montreal |
Optimal Income Taxation: Mirrlees Meets Ramsey |
By Jonathan Heathcote; Federal Reserve Bank of Minneapolis Hitoshi Tsujiyama; Goethe University Frankfurt |
Presented by: Hitoshi Tsujiyama, Goethe University Frankfurt |
Session 133: Advances in NDPF June 28, 2014 16:30 to 18:00 1065 |
Session type: invited |
TASKS, TALENTS, AND TAXES |
By Laurence Ales; Carnegie Mellon University Musab Kurnaz; Carnegie Mellon University, Tepper School of Business Christopher Sleet; Carnegie Mellon University |
Presented by: Laurence Ales, Carnegie Mellon University |
Income distribution and the incentives to default |
By Pricila Maziero; University of Pennsylvania |
Presented by: Pricila Maziero, University of Pennsylvania |
Tax Progressivity, Performance Pay and Search Frictions |
By Arpad Abraham; European University Institute Susanne Forstner; Institute for International Economic Studies |
Presented by: Arpad Abraham, European University Institute |
Session 134: International and Macro Finance June 28, 2014 16:30 to 18:00 LL1010 |
Session type: invited |
Equity Sales and Manager Efficiency Across Firms and the Business Cycle |
By Fabio Ghironi; University of Washington Karen Lewis; University of Pennsylvania |
Presented by: Karen Lewis, University of Pennsylvania |
Currency Manipulation |
By Tarek Hassan; The University of Chicago Thomas Mertens; New York University Weithing Zhang; University of Chicago |
Presented by: Tarek Hassan, The University of Chicago |
Who Bears Firm-Level Risk? Implications for Cash Flow Volatility |
By Xiaolan Zhang; UCLA, Anderson School of Management |
Presented by: Xiaolan Zhang, UCLA, Anderson School of Management |
Session 135: Consumption, Human Capital, and Migration June 28, 2014 16:30 to 18:00 LL1020 |
Session type: invited |
Migrant Wages, Human Capital Accumulation and Return Migration |
By Jerome Adda; European University Institute Christian Dustmann; University College London Joseph-Simon Gorlach; University College London |
Presented by: Jerome Adda, European University Institute |
Consumption inequality and family labor supply |
By Richard Blundell; University College London Luigi Pistaferri; Stanford University Itay Saporta-Eksten; Stanford University |
Presented by: Luigi Pistaferri, Stanford University |
Nonlinear Pricing of Food in Village Economies |
[slides] |
By Orazio Attanasio; University College London Elena Pastorino; University of Minnesota |
Presented by: Elena Pastorino, University of Minnesota |
Session 136: Behavioral Theory with Macroeconomic Applications June 28, 2014 16:30 to 18:00 LL1025 |
Session type: invited |
Coarse Competitive Equilibrium and Extreme Prices |
By Faruk Gul; Princeton University Wolfgang Pesendorfer; Princeton University Tomasz Strzalecki; Harvard University |
Presented by: Tomasz Strzalecki, Harvard University |
A Theory of Power Law Distributions for the Returns to Capital and of the Credit Spread Puzzle |
By , |
Presented by: Francois Geerolf, Toulouse School of Economics |
A Welfare Criterion for Models with Distorted Beliefs |
By Markus Brunnermeier; Princeton University Alp Simsek; MIT Wei Xiong; Department of Economics and Bendheim Cen |
Presented by: Alp Simsek, MIT |
Session 137: Female Labor Force Participation June 28, 2014 16:30 to 18:00 133 |
Session type: contributed |
Risk Sharing and On-the-Marriage Search |
By Kevin Devereux; University of Toronto Laura Turner; University of Toronto |
Presented by: Kevin Devereux, University of Toronto |
Taxation and Labor Supply of Married Women across Countries: A Macroeconomic Analysis |
By Alexander Bick; Arizona State University Nicola Fuchs-Schündeln; Goethe University Frankfurt /Main |
Presented by: Alexander Bick, Arizona State University |
Maternal Employment, Fertility, Child Care Use, and Cognitive Outcomes of Children: Evidence from a Norwegian Reform |
By Marc Chan; University of Technology Sydney Kai Liu; Norwegian school of economics |
Presented by: Kai Liu, Norwegian school of economics |
Session 138: Frontiers in Structural Macroeconomic Modeling June 28, 2014 16:30 to 18:00 LL1030 |
Session type: invited |
OccBin: A Toolkit for Solving Dynamic Models With Occasionally Binding Constraints Easily |
By Matteo Iacoviello; Federal Reserve Board |
Presented by: Matteo Iacoviello, Federal Reserve Board |
Noisy Information and Fundamental Disagreement |
By Philippe Andrade; Banque de France Richard Crump; Federal Reserve Bank of New York Stefano Eusepi; Federal Reserve Bank of New York Emanuel Moench; Federal Reserve Bank of New York |
Presented by: Emanuel Moench, Federal Reserve Bank of New York |
Signaling Effects of Monteray Policy |
By Leonardo Melosi; Federal Reserve Bank of Chicago |
Presented by: Leonardo Melosi, Federal Reserve Bank of Chicago |
Session 139: Unemployment Insurance June 28, 2014 16:30 to 18:00 LL1035 |
Session type: contributed |
Unemployment Insurance Fraud and Optimal Monitoring |
By David Fuller; Concordia University B Ravikumar; Federal Reserve Bank of St Louis Yuzhe Zhang; Texas A&M University |
Presented by: David Fuller, Concordia University |
Optimal Unemployment Insurance and Cyclical Fluctuations |
By Rui Li; University of Massachusetts Boston Noah Williams; University of Wisconsin |
Presented by: Noah Williams, University of Wisconsin |
Falling off the Ladder - Earnings Losses from Job Loss |
By Gregor Jarosch; University of Chicago |
Presented by: Gregor Jarosch, University of Chicago |
Session 140: Management and Risk Taking June 28, 2014 16:30 to 18:00 LL1060 |
Session type: contributed |
Idiosyncratic Risk and the Manager |
By Brent Glover; Carnegie Mellon University Oliver Levine; University of Wisconsin-Madison |
Presented by: Brent Glover, Carnegie Mellon University |
Risk-taking, Rent-seeking, and CEO compensation, 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 |
A Mechanism Design Model of Firm Dynamics: The Case of Limited Commitment |
By Hengjie Ai; University of Minnesota Dana Kiku; University of Ilinois Rui Li; University of Massachusetts Boston |
Presented by: Hengjie Ai, University of Minnesota |
Session 141: Debt Management June 28, 2014 16:30 to 18:00 147 |
Session type: contributed |
Municipal Bonds, Default, and Migration in General Equilibrium |
By Grey Gordon; Indiana University pablo guerron-quintana; Federal Reserve Bank of Philadelphia |
Presented by: Grey Gordon, Indiana University |
Reducing Government Debt in the Presence of Inequality |
By Sigrid Roehrs; Goethe University Frankfurt Christoph Winter; University of Zurich |
Presented by: Sigrid Roehrs, Goethe University Frankfurt |
Optimal Policy with Endogenous Signal Extraction |
By Esther Hauk; Spanish Research Council Andrea Lanteri; London School of Economics Albert Marcet; Institut d'Anàlisi Econòmica CSIC, BGS |
Presented by: Andrea Lanteri, London School of Economics |
Session 142: Information in Financial Markets June 28, 2014 16:30 to 18:00 142 |
Session type: invited |
The Macroecnomics of Shadow Banking |
By Alan Moreira; Yale University Alexi Savov; New York University Stern School of Busi |
Presented by: Alan Moreira, Yale University |
Equilibrium Fast Traders |
By Bruno Biais; Université de Toulouse 1 Capitole Thierry Foucault; HEC, Paris Sophie Moinas; TSE (Toulouse University) |
Presented by: Sophie Moinas, TSE (Toulouse University) |
OTC Trading vs. Exchanges: A welfare comparison |
By Benjamin Lester; Federal Reserve Bank of Philadelphia Ali Shourideh; University of Pennsylavnia Venky Venkateswaran; NYU Stern School of Business |
Presented by: Venky Venkateswaran, New York University |
Session 143: Asset Pricing Puzzles June 28, 2014 16:30 to 18:00 151 |
Session type: contributed |
Very Long Run Discount Rates |
By Stefano Giglio; University of Chicago Matteo Maggiori; NYU Johannes Stroebel; New York University |
Presented by: Stefano Giglio, University of Chicago |
Production-Based Term Structure of Equity Returns |
By Hengjie Ai; University of Minnesota Mariano Croce; University of North Carolina at Chapel H Anthony Diercks; UNC Kai Li; HKUST Business School |
Presented by: Anthony Diercks, UNC |
Resolving the Annuity Puzzle: Estimating Lifecycle Models without (and with) Behavioral Data |
By John Ameriks; The Vanguard Group, Inc. Joseph Briggs; New York University Andrew Caplin; NYU Matthew Shapiro; University of Michigan Christopher Tonetti; Stanford GSB |
Presented by: Christopher Tonetti, Stanford GSB |
Session 144: Growth and Structural Change June 28, 2014 16:30 to 18:00 157 |
Session type: contributed |
Determinants of Structural Change |
By Tomasz Swiecki; University of British Columbia |
Presented by: Tomasz Swiecki, University of British Columbia |
The Rise of the Machines: Automation, Horizontal Innovation and Income Inequality |
By David Hemous; INSEAD Morten Olsen; IESE |
Presented by: David Hemous, INSEAD |
A Model of Technology Assimilation |
By Tsz-Nga Wong; Bank of Canada Chong-Kee Yip; Chinese University of Hong Kong |
Presented by: Chong-Kee Yip, Chinese University of Hong Kong |
# | Participant | Roles in Conference |
---|---|---|
1 | Aaronson, Daniel | P113 |
2 | Abbott, Brant | P116 |
3 | Abraham, Arpad | P133 |
4 | Acikgoz, Omer | P56 |
5 | Adda, Jerome | P135 |
6 | Adrian, Tobias | P9 |
7 | Aguiar, Mark | P84 |
8 | Aguirregabiria, Victor | P72 |
9 | Ai, Hengjie | P140 |
10 | Albagli, Elias | P49 |
11 | Ales, Laurence | P133 |
12 | Anagnostopoulos, Alexis | P85 |
13 | Andries, Marianne | P30 |
14 | Arias, Jonas | P72 |
15 | Armenter, Roc | P115 |
16 | Arslan, Yavuz | P4 |
17 | Asriyan, Vladimir | P37 |
18 | Athreya, Kartik | P123 |
19 | Atkin, David | P124 |
20 | Auer, Raphael | P2 |
21 | Babus, Ana | P102 |
22 | Bacchetta, Philippe | P81 |
23 | Bachmann, Ruediger | P71 |
24 | Backus, Matthew | P92 |
25 | Badev, Anton | P83 |
26 | Bagger, Jesper | P42 |
27 | Bai, Jinhui | P96 |
28 | Bai, Yan | P74 |
29 | Baley, Isaac | P10 |
30 | Barlevy, Gadi | P73 |
31 | Basu, Susanto | P80 |
32 | Bellofatto, Andres | P119 |
33 | Belo, Frederico | P58 |
34 | Bengui, Julien | P17 |
35 | Benhabib, Jess | P16 |
36 | Benjamin, David | P111 |
37 | Bianchi, Javier | P70 |
38 | Bianchi, Francesco | P80 |
39 | Bick, Alexander | P137 |
40 | Bidder, Rhys | P49 |
41 | Blaum, Joaquin | P127 |
42 | Bocola, Luigi | P106 |
43 | Boehm, Johannes | P57 |
44 | Bonfiglioli, Alessandra | P130 |
45 | Bowen, Renee | P125 |
46 | Braguinsky, Serguey | P31 |
47 | Brunnermeier, Markus | P40 |
48 | Brzoza-Brzezina, Michał | P98 |
49 | Buera, Francisco | P29 |
50 | Burdett, Kenneth | P90 |
51 | Callen, Michael | P11 |
52 | Cao, Dan | P3 |
53 | Carapella, Francesca | P36 |
54 | Carvalho, Vasco | P48 |
55 | Casanova, Maria | P7 |
56 | Caunedo, Julieta | P112 |
57 | Celik, Murat | P29 |
58 | Chade, Hector | P130 |
59 | Champagne, Julien | P99 |
60 | Chatterjee, Satyajit | P19 |
61 | Chodorow-Reich, Gabriel | P62 |
62 | Choi, Sekyu | P104 |
63 | Coen-Pirani, Daniele | P51 |
64 | Coles, Melvyn | P42 |
65 | Cooley, Thomas | P49 |
66 | Corbae, Dean | P123 |
67 | D'Erasmo, Pablo | P70 |
68 | David, Joel | P10 |
69 | Davila, Eduardo | P5 |
70 | Davis, Morris | P75 |
71 | de la Croix, David | P66 |
72 | De Magalhaes, Leandro | P118 |
73 | Debortoli, Davide | P74 |
74 | Del Negro, Marco | P98 |
75 | Den Haan, Wouter | P76 |
76 | Devereux, Kevin | P137 |
77 | Di Tella, Sebastian | P26 |
78 | Diercks, Anthony | P143 |
79 | Dinlersoz, Emin | P11 |
80 | Doepke, Matthias | P116 |
81 | Dong, Bingbing | P120 |
82 | Donna, Javier | P92 |
83 | Donovan, Kevin | P24 |
84 | Dovis, Alessandro | P61 |
85 | Drautzburg, Thorsten | P98 |
86 | Drozd, Lukasz | P123 |
87 | Durdu, Bora | P111 |
88 | Eeckhout, Jan | P33 |
89 | Eisenbach, Thomas | P9 |
90 | Eisfeldt, Andrea | P75 |
91 | Ennis, Huberto | P21 |
92 | Epstein, Larry | P44 |
93 | Eusepi, Stefano | P69 |
94 | Evans, David | P56 |
95 | Faberman, Jason | P59 |
96 | Faccini, Renato | P131 |
97 | Farboodi, Maryam | P102 |
98 | Farhi, Emmanuel | P84 |
99 | Farmer, Roger | P80 |
100 | Fernald, John | P8 |
101 | Fernandez, Andres | P40 |
102 | Ferraro, Domenico | P78 |
103 | Fisher, Jonas | P65 |
104 | Flabbi, Luca | P60 |
105 | Foerster, Andrew | P96 |
106 | Fogli, Alessandra | P83 |
107 | Forand, Jean Guillaume | P125 |
108 | Fort, Teresa | P57 |
109 | Fujimoto, Junichi | P67 |
110 | Fuller, David | P139 |
111 | Gabaix, Xavier | P121 |
112 | Gaballo, Gaetano | P117 |
113 | Gafarov, Bulat | P95 |
114 | Galenianos, Manolis | P18 |
115 | Gallipoli, Giovanni | P104 |
116 | Gambetti, Luca | P114 |
117 | Gancia, Gino | P89 |
118 | García-Santana, Manuel | P45 |
119 | Garetto, Stefania | P46 |
120 | Garibaldi, Pietro | P129 |
121 | Garleanu, Nicolae | P63 |
122 | Gavazzoni, Federico | P15 |
123 | Geerolf, Francois | P136 |
124 | Gemici, Ahu | P7 |
125 | Gervais, Martin | P52 |
126 | Ghent, Andra | P13 |
127 | Giannoni, Marc | P28 |
128 | Giglio, Stefano | P143 |
129 | Gilchrist, Simon | P64 |
130 | Glover, Brent | P140 |
131 | Gobbi, Paula | P91 |
132 | Golan, Limor | P39 |
133 | Goldstein, Itay | P110 |
134 | Gomes, Joao | P81 |
135 | Gonzalez-Navarro, Marco | P45 |
136 | Gordon, Grey | P141 |
137 | Gottardi, Piero | P68 |
138 | Gourio, Francois | P81 |
139 | Green, Brett | P54 |
140 | Greenwald, Daniel | P86 |
141 | Grobovsek, Jan | P101 |
142 | Grochulski, Borys | P93 |
143 | Guerron-Quintana, Pablo | P8 |
144 | Guvenen, Fatih | P118 |
145 | Hachem, Kinda | P21 |
146 | Halket, Jonathan | P55 |
147 | Handbury, Jessie | P122 |
148 | Harenberg, Daniel | P103 |
149 | Hasanhodzic, Jasmina | P4 |
150 | Hassan, Tarek | P134 |
151 | Hatchondo, Juan | P106 |
152 | Hawkins, William | P78 |
153 | He, Hui | P41 |
154 | Hellwig, Christian | P140 |
155 | Hemous, David | P144 |
156 | Hendricks, Lutz | P77 |
157 | Herkenhoff, Kyle | P105 |
158 | Hoffman, Mitchell | P99 |
159 | Hornstein, Andreas | P131 |
160 | Hosseini, Roozbeh | P119 |
161 | Hurst, Erik | P62 |
162 | Hyatt, Henry | P107 |
163 | Iacoviello, Matteo | P138 |
164 | Ilut, Cosmin | P121 |
165 | Imrohoroglu, Ayse | P75 |
166 | Ionescu, Felicia | P51 |
167 | Iovino, Luigi | P68 |
168 | Iraola, Miguel | P86 |
169 | Ishihara, Masakazu | P31 |
170 | Itskhoki, Oleg | P40 |
171 | Jakobsson, Amanda | P57 |
172 | Jarosch, Gregor | P139 |
173 | Jarque, Arantxa | P47 |
174 | Joensen, Juanna | P35 |
175 | Joubert, Clement | P7 |
176 | Jovanovic, Boyan | P10 |
177 | Justiniano, Alejandro | P97 |
178 | Kaas, Leo | P117 |
179 | Kagy, Jean-François | P34 |
180 | Kambourov, Gueorgui | P104 |
181 | Kapicka, Marek | P18 |
182 | Kaplan, Greg | P62 |
183 | Karadi, Peter | P109 |
184 | Karantounias, Anastasios | P56 |
185 | Kaymak, Baris | P132 |
186 | Kehoe, Timothy | P127 |
187 | Kehoe, Patrick | P105 |
188 | Keister, Todd | P117 |
189 | Kelly, Bryan | P48 |
190 | Keys, Benjamin | P13 |
191 | Khan, Aubhik | P76 |
192 | Kiley, Michael | P69 |
193 | Kim, Soojin | P65 |
194 | Kim, Kyungmin | P6 |
195 | Kindermann, Fabian | P91 |
196 | Kircher, Philipp | P6 |
197 | Klein, Paul | P108 |
198 | Klemp, Marc | P113 |
199 | Kogan, Leonid | P3 |
200 | Kondor, Peter | P63 |
201 | Krebs, Tom | P129 |
202 | Krishnamurthy, Arvind | P70 |
203 | Krueger, Dirk | P132 |
204 | Kubler, Felix | P97 |
205 | Kudlyak, Marianna | P14 |
206 | Kuehn, Lars | P12 |
207 | Kung, Howard | P100 |
208 | Kurlat, Pablo | P63 |
209 | La'O, Jennifer | P102 |
210 | Lahiri, Amartya | P50 |
211 | Lamadon, Thibaut | P20 |
212 | Landry, Anthony | P126 |
213 | Lanteri, Andrea | P141 |
214 | Laufer, Steven | P38 |
215 | Law, Tzuo Hann | P27 |
216 | Lentz, Rasmus | P42 |
217 | Lester, Benjamin | P73 |
218 | Lewis, Karen | P134 |
219 | Li, Nan | P112 |
220 | Lim, Claire | P43 |
221 | Lin, Xiaoji | P86 |
222 | Lindenlaub, Ilse | P130 |
223 | Liu, Kai | P137 |
224 | Lizarazo, Sandra | P25 |
225 | Lkhagvasuren, Damba | P99 |
226 | Lopes de Melo, Rafael | P27 |
227 | Lorenzoni, Guido | P88 |
228 | Loualiche, Erik | P1 |
229 | Ma, Yanlei | P11 |
230 | Maggiori, Matteo | P84 |
231 | Makarski, Krzysztof | P17 |
232 | Malherbet, Franck | P32 |
233 | Malin, Ben | P22 |
234 | Martin, Fernando | P53 |
235 | Martin, Julien | P48 |
236 | Maurel, Arnaud | P35 |
237 | Maziero, Pricila | P133 |
238 | Mazzocco, Maurizio | P89 |
239 | McGrattan, Ellen | P76 |
240 | McKay, Alisdair | P14 |
241 | Meier, Matthias | P94 |
242 | Melosi, Leonardo | P138 |
243 | Mendes Tavares, Marina | P101 |
244 | Menzio, Guido | P90 |
245 | Mertens, Thomas | P88 |
246 | Merz, Monika | P59 |
247 | Mestieri, Marti | P51 |
248 | Michaillat, Pascal | P23 |
249 | Michau, Jean-Baptiste | P12 |
250 | Michaud, Amanda | P18 |
251 | Mihalache, Gabriel | P87 |
252 | Milani, Fabio | P30 |
253 | Miller, David | P95 |
254 | Moench, Emanuel | P138 |
255 | Moinas, Sophie | P142 |
256 | Moll, Benjamin | P16 |
257 | Monge, Alexander | P94 |
258 | Mongey, Simon | P22 |
259 | Morales-Jimenez, Camilo | P109 |
260 | Moreira, Alan | P142 |
261 | Morris, Stephen | P72 |
262 | Mortimer, Julie | P92 |
263 | Mueller, Andreas | P20 |
264 | Nakajima, Makoto | P58 |
265 | Nakamura, Emi | P64 |
266 | Nakata, Taisuke | P69 |
267 | Nakov, Anton | P109 |
268 | Narajabad, Borghan | P96 |
269 | Narciso, Gaia | P45 |
270 | Nechio, Fernanda | P131 |
271 | Neiman, Brent | P85 |
272 | Nenov, Plamen | P55 |
273 | Ngai, Rachel | P55 |
274 | Nguyen, Thien | P46 |
275 | Nguyen, Thuy Lan | P114 |
276 | Niepelt, Dirk | P106 |
277 | Nimark, Kristoffer | P37 |
278 | Nosal, Jaromir | P38 |
279 | Nunes, Ricardo | P115 |
280 | Oberfield, Ezra | P73 |
281 | Oikonomou, Rigas | P74 |
282 | Olovsson, Conny | P108 |
283 | Opp, Marcus | P54 |
284 | Ordonez, Guillermo | P110 |
285 | Orlov, Dmitry | P54 |
286 | Ortner, Juan | P125 |
287 | Ozcan, Gulserim | P28 |
288 | Ozdagli, Ali | P100 |
289 | Ozkan, Serdar | P4 |
290 | Paciello, Luigi | P23 |
291 | Papageorgiou, Theodore | P52 |
292 | Papanikolaou, Dimitris | P1 |
293 | Pappada, Francesco | P43 |
294 | Park, JungJae | P25 |
295 | Parlatore Siritto, Cecilia | P93 |
296 | Parro, Fernando | P79 |
297 | Pastorino, Elena | P135 |
298 | Pavan, Ronni | P116 |
299 | Peijnenburg, Kim | P82 |
300 | Perez, Ander | P105 |
301 | Perez Saiz, Hector | P43 |
302 | Perla, Jesse | P24 |
303 | Perri, Fabrizio | P58 |
304 | Peterman, William | P103 |
305 | Peters, Michael | P67 |
306 | Petrosky-Nadeau, Nicolas | P1 |
307 | Pflueger, Carolin | P100 |
308 | Pilossoph, Laura | P52 |
309 | Pistaferri, Luigi | P135 |
310 | Portier, Franck | P114 |
311 | Porzio, Tommaso | P77 |
312 | Postel-Vinay, Fabien | P27 |
313 | Pratap, Sangeeta | P101 |
314 | Presno, Ignacio | P87 |
315 | Price, David | P118 |
316 | Qian, Nancy | P89 |
317 | Quintin, Erwan | P36 |
318 | Raffo, Andrea | P32 |
319 | Ragot, Xavier | P3 |
320 | Ramanarayanan, Ananth | P61 |
321 | Raval, Devesh | P94 |
322 | Ravikumar, B | P127 |
323 | Rendon, Silvio | P33 |
324 | Restuccia, Diego | P67 |
325 | Riegler, Markus | P85 |
326 | Ripoll, Marla | P83 |
327 | Roehrs, Sigrid | P141 |
328 | Rondina, Giacomo | P110 |
329 | Roys, Nicolas | P77 |
330 | Rubini, Loris | P2 |
331 | Rudanko, Leena | P23 |
332 | Ruiz, Claudia | P39 |
333 | Rupert, Peter | P22 |
334 | Salitskiy, Igor | P68 |
335 | Salomao, Juliana | P64 |
336 | Sapriza, Horacio | P87 |
337 | Scheuer, Florian | P5 |
338 | Schmalz, Martin | P34 |
339 | Schneider, Martin | P30 |
340 | Schoellman, Todd | P50 |
341 | Schulhofer-Wohl, Sam | P107 |
342 | Sedlacek, Petr | P107 |
343 | Shi, Shouyong | P78 |
344 | Shimer, Robert | P90 |
345 | Shourideh, Ali | P61 |
346 | Siassi, Nawid | P82 |
347 | Simsek, Alp | P136 |
348 | Singh, Aarti | P97 |
349 | Siow, Aloysius | P60 |
350 | Skira, Meghan | P66 |
351 | Sleet, Christopher | P128 |
352 | Song, Michael | P24 |
353 | Sosa-Padilla, Cesar | P111 |
354 | Stacey, Derek | P33 |
355 | Steinsson, Jon | P122 |
356 | Stella, Andrea | P126 |
357 | Sterk, Vincent | P14 |
358 | Stevens, Luminita | P121 |
359 | Stokey, Nancy L | P29 |
360 | Stroebel, Johannes | P13 |
361 | Strub, Carlo | P19 |
362 | Strzalecki, Tomasz | P136 |
363 | Stumpner, Sebastian | P46 |
364 | Sultanum, Bruno | P93 |
365 | Sun, Hongfei | P115 |
366 | Swiecki, Tomasz | P144 |
367 | Szentes, Balazs | P128 |
368 | Szydlowski, Martin | P47 |
369 | Tang, Yang | P65 |
370 | Tang, Jenny | P95 |
371 | Taschereau-Dumouchel, Mathieu | P37 |
372 | Tebaldi, Pietro | P20 |
373 | Thomas, Julia | P71 |
374 | Tian, Can | P112 |
375 | Tiernan, Natalie | P17 |
376 | Tintelnot, Felix | P79 |
377 | Tombe, Trevor | P2 |
378 | Tonetti, Christopher | P143 |
379 | Topa, Giorgio | P59 |
380 | Troshkin, Maxim | P119 |
381 | Tsujiyama, Hitoshi | P132 |
382 | Tsyrennikov, Viktor | P26 |
383 | Tuzemen, Didem | P129 |
384 | Valkanov, Rossen | P120 |
385 | Van Nieuwerburgh, Stijn | P44 |
386 | Vandenbroucke, Guillaume | P35 |
387 | Vavra, Joe | P122 |
388 | Veldkamp, Laura | P88 |
389 | Venkateswaran, Venky | P142 |
390 | Venter, Gyuri | P120 |
391 | Verdelhan, Adrien | P15 |
392 | Vereshchagina, Galina | P71 |
393 | Vidangos, Ivan | P66 |
394 | Violante, Gianluca | P16 |
395 | Visschers, Ludo | P32 |
396 | Vitorino, Maria Ana | P31 |
397 | Voena, Alessandra | P39 |
398 | Vogl, Tom | P113 |
399 | Walsh, Kieran | P25 |
400 | Wang, Yikai | P41 |
401 | Warusawitharana, Missaka | P34 |
402 | Waugh, Mike | P79 |
403 | Weber, Michael | P126 |
404 | Weinzierl, Matthew | P5 |
405 | Weiss, David | P12 |
406 | Wiederholt, Mirko | P28 |
407 | Williams, Noah | P139 |
408 | Williamson, Stephen | P53 |
409 | Wolthoff, Ronald | P6 |
410 | Wong, Tsz-Nga | P53 |
411 | Wong, Arlene | P8 |
412 | Woodruff, Christopher | P124 |
413 | Wright, Randall | P90 |
414 | Xing, Yiqing | P108 |
415 | Xu, Daniel Yi | P124 |
416 | Yamada, Ken | P60 |
417 | Yang, Liyan | P26 |
418 | Yaron, Amir | P44 |
419 | Yeltekin, Sevin | P19 |
420 | Yip, Chong-Kee | P144 |
421 | Young, Eric | P36 |
422 | Zeng, Qi | P47 |
423 | Zetlin-Jones, Ariel | P21 |
424 | Zhang, Xiaolan | P134 |
425 | Zhang, Yuzhe | P128 |
426 | Zhang, Shengxing | P9 |
427 | Zheng, Yu | P41 |
428 | Zhou, Jie | P103 |
429 | Zhu, Xiaodong | P50 |
430 | Zhu, Guozhong | P38 |
431 | Zimmermann, Christian | P82 |
432 | Zviadadze, Irina | P15 |
This program was last updated on 2014-06-24 15:3:54 EDT