2009 Program

Organizers: Mike Golosov, Jose-Victor Rios-Rull

Tuesday, July 28


Sophisticated Monetary Policies
V. V. Chari
University of Minnesota
Andrew Atkeson
UCLA
Patrick Kehoe
University of Minnesota

Business Cycle Dynamics under Rational Inattention

Mirko Wiederholt
Northwestern University
Bartosz Mackowiak
European Central University

Public Investment and Budget Rules for State vs. Local Governments

Marco Bassetto
Federal Reserve Bank of Chicago

Wednesday, July 29

Inferring Labor Income Risk From Economic Choices: An Indirect Inference Approach
Fatih Guvenen
University of Minnesota
Tony Smith
Yale University

The Heterogeneity and Dynamics of Individual Labor Supply over the Life Cycle: Facts and Theory

Andres Erosa
University of Toronto
Luisa Fuster
University of Toronto
Gueorgui Kambourov
University of Toronto

Wages Over the Business Cycle: Spot Markets?
Iourii Manovskii
University of Pennsylvania
Marcus Hagedorn
University of Zurich

Growing Like China
Kjetil Storesletten
University of Oslo
Zheng Song
Fudan University
Fabrizio Zilibotti
University of Zurich

Thursday, July 30

Equilibrium Credit Spreads and the Macroeconomy
Lukas Schmid
Duke University
Joao Gomes
University of Pennsylvania

Financial Frictions on Capital Allocation: A Transmission Mechanism of TFP Fluctuations
Kaiji Chen
University of Oslo
Zheng Song
Fudan University

The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk-Sharing in General Equilibrium
Jack Favilukis
London School of Economics
Sydney Ludvigson
New York University
Stijn Van Nieuwerburgh
New York University

Noisy Business Cycles

Jennifer La'O
MIT
George Marios Angeletos
MIT

Friday, July 31

Crisis and Liquidity in Over-the-Counter Markets
Pierre-Olivier Weill
UCLA
Ricardo Lagos
New York University
Guillaume Rocheteau
Federal Reserve Bank of Cleveland

Dynamic Thin Markets

Marzena Rostek
University of Wisconsin
Marek Weretka
University of Wisconsin

Risk Sharing, Inequality, and Fertility

Ali Shourideh
University of Minnesota
Roozbeh Hosseini
Arizona State University
Larry E. Jones
University of Minnesota

Adverse Selection in Competitive Search Equilibrium
Robert Shimer
University of Chicago
Veronica Guerrieri
University of Chicago
Randy Wright
University of Pennsylvania