2017
2017
November
Paper: Das Sanghamitra, Mark, J. Robert and James R. Tybout Market entry costs, producer heterogeneity, and export dynamics, Nicolas
14 July
Paper 1: Lo and Rogoff: Secular stagnation, debt overhang and other rationales for sluggish growth, six years on, Nicolas
Paper 1: Begley, Amiyatosh Purnanandam and KC Zheng (2017, RFS) The Strategic Under-Reporting of Bank Risk, Kadri
Paper 3: Inflation forecasting with artificial neural network models, Kateryna
6 July
Paper 1: ......, Matthias
2016
24 Dec
Paper 1: Christiano et al () Introducing financial frictions and unemployment into a small open economy model, Raido
17 Dec
Paper 1: Katri -
9 December
Paper 1: Christiano et al (2015) Unemployment and Business Cycles, Eva (handout)
3 November
Paper 1 - Weale and Wieladek (2016, JME) What are the macroeconomic effects of asset purchases?, Nicolas (handout)
19 October
Paper 1 - Krusell et al "Gross Worker Flows over the Business Cycle", Eva (slides)
12 October
Paper 1 - Varian (2015 J Econ Persp): Big Data: New Trics for Econometrics, Olavi
23 September
Paper 1 - Romer "The Trouble with Macroeconomics", Kaspar (and link to Romer update)
9 September
Paper 1 - Eggertson, Mehrotra, Summers "Secular Stagnation in the Open Economy", Nicolas
Paper 2 - Eggertsson, G. B., Mehrotra, N. R., Singh, S. R., and Summers, L. H. "A Contagious Malady? Open Economy Dimensions of Secular Stagnation" NBER wp 22299, Krista
25 August
Paper 1 - Nkusu "Nonperforming Loans and Macrofinancial Vulnerabilities in Advanced Economies", Kateryna (slides)
Paper 2 - Fernandez, Klein, Rebucci, Schindler and Uribe "Capital Control Measures: A New Dataset", Raido
18 August
Paper 1 - Canova and Bluwstein "Beggar-thy-neighbor? The international effects of ECB unconventional monetary policy measures", Nicolas (handout)
09 August
Paper 1 - Iacoviello (2014) Financial Business Cycles, RED, Matthias (slides)
12 May
5 May
28 April
Paper 1 - Olga A. Timoshenko, Product switching in a model of learning, Journal of International Economics, Volume 95, Issue 2, March 2015, Pages 233-249, Hanno
Paper 2 -Viral V. Acharya and Sascha Steffen (2015) The “greatest” carry trade ever? Understanding eurozone bank risks, J Fin Econ., Nicolas
21 April
15 April
Paper 1 - Dedola, Luca, Peter Karadi, and Giovanni Lombardo. "Global implications of national unconventional policies." Journal of Monetary Economics 60.1 (2013): 66-85., Nicolas (handout)
Paper 2 - Augustin Landiery David Sraerz David Thesmarx (2015): Banking Integration and House Price Comovement, Raido (slides)
31 March - Bayesian course
24 March (...your thesis list)
Paper 1 - D.P. Broer, D.A.G. Draper, F.H. Huizinga: The Equilibrium Rate of Unemployment in the Netherlands (2000), Kaspar
Paper 2 - Stephen Morris and Hyun Song Shin:Social Value of Public Information, AER (2002), Olavi
17 March Friday (your thesis list)
Paper 1 - Stock and Watson (2008): Phillips curve inflation forecasts, Diana (handout)
10 March (Tom Sargent list)
Paper 1 - The ASA's statement on p-values: context, process, and purpose
3 March (Tom Sargent list)
Paper 1 - Zoltan Pozsar: Shadow Banking: The money view, Nicolas (handout)
Pres 2 - Housing model, Kaspar
29 February
Paper 1 - Kollmann, Pataracchia, Raciborski, Ratto, Roeger and Vogel: The Post-Crisis Slump in the Euro Area and the US: Evidence from an Estimated Three-Region DSGE Model, Krista
18 February
Paper 1 - Francis Kramarz Julien Martin and Isabelle Mejean: Diversification in the Small and in the Large: Evidence from Trade Networks, Hanno
Paper 2 - Nicolas E. Magud and Esteban R. Vesperoni: Exchange Rate Flexibility and Credit during Capital Inflow Reversals: Purgatory…not Paradise, Nicolas (handout)
OLD READINGS (incomplete)
2015
17 March
Paper 1 - Rosenthal, Liu and Nowak: Investor Confidence as a Determinant of China's Urban Housing Market Dynamics, Krista
Paper 2 - Kahn, Sun and Zheng: Bubbles, Post-Crash Dynamics, and the Housing Market, Hanno
Paper 3 - Van Order and Lai: United States House Prices o ver the Last 30 Years: Bubbles, Regime Shifts and Market (In)Efficiency, Kaspa
5 March
Paper 1 - A Model of Monetary Policy and Risk Premia, Hanno:
Paper 2 - High Frequency Identification of Monetary Non-Neutrality, Krista
18 Feb
Paper 1 - Miao, Want and Xu (2014): A Bayesian DSGE Model of Stock Market Bubbles and Business Cycles, Krista
Paper 2 - Ma and Samaniego (2014): Uncertain Technological Change, Hanno
Paper 3 - Chen and Wemy (2014): Investment-Specific Technology Changes: The Source of Anticipated TFP Fluctuations, Kaspar
Presentations since August 2016
Nicolas: 3
Kaspar: 1
Krista: 1
Raido: 1
Katri: 2
Olavi: 1
Eva (from Sept) - 2
Orsolya: 0
.......
Kateryna - 1
Matthias - 1
2014
10 April
Paper 1 - Uribe and Schmitt-Grohe: The Case for Temporary Inflation In the Eurozone, Krista
Paper 2 - Colander, Howitt, Kirman, Leijonhufvud and Mehrling: Beyond DSGE Models: Toward an Empirically Based Macroeconomics + ACE, Hanno
25 April
Paper 1 - Cecioni and Neri: The monetary transmission mechanism in the euro area: has it changed and why?, Olavi
Paper 2 - Landini, Gallegati and Stiglitz (2011): Economies with heterogeneous interacting learning agents, slides by Hanno
Paper 3 - Rannenberg (2013): Bank leverage cycles and the external finance premium, Krista
16 May
Paper 1 - Gertler and Karadi (2011): A Model of Unconventional Monetary Policy, slides by Krista
Paper 2 - Sims (2013): Paper money, slides by Hanno
Paper 3 - Ciccarelli, Maddaloni and Peydro (2013): Transmission mechanism: monetary policy and financial fragility in the euro area, slides by Olavi
6 June
Paper 1 - Dale and Jobst (2011): Modelling Systemic Financial Sector and Sovereign Risk. Sveriges Riksbank Economic Review 2:68 – 106, slides by Hanno
Paper 3 - Sargent and Wallace (1981): Some Unpleasant Monetarist Arithmetic, slides by Olavi
Paper 2 - (11 June) - Fratzcher and Straub (2010): Asset Prices, News Shocks and the Current Account, Krista
19 June
Paper 1 - Adrian and Brunnermeier (2008) CoVaR, slides by Hanno
Paper 2 - Gertler and Karadi (2014): Monetary Policy Surprises, Credit Costs and Economic Activity, Krista
Paper 3 - Chari and Phelan (2014): On the Social Usefulness of Fractional Reserve Banking, Martin
Paper 4 - Halaj and Koki (2013): Assessing interbank contagion using simulated networks, slides by Olavi
Paper 5 - Christiano, Eichenbaum and Trabandt (2013): Unemployment and Business Cycles, Kaspar
30 June
Paper 1 - Gürkaynak, Sack and Swanson (2005): Do Actions Speak Louder than Words: The Response of..., Krista
Paper 2 - Nyman, Tuckett, Gregory, Kapadia and Smith (2014): News and narratives in financial systems: exploiting big data for systemic risk assessment, Olavi
Paper 3 - Crespo Cuaresma, Feldkircher and Huber (2014): Forecasting with Bayesian Global Vector Autoregressive Models: A Comparison of Priors, Hanno
Paper 4 - Barro and Redlick (2011): Macroeconomic Effects from Government Purchases and Taxes, Martin
1 August
Paper 1 - Skreta and Veldkamp (2009): Ratings Shopping and Asset Complexity: A theory of Ratings Inflation, JME, Martin
Paper 2 - Clementi, Cooley and Di Giannatale (2010): A Theory of Firm Decline, RED, Kaspar
Paper 3 - Anand, Gai, Kapadia, Brennan and Willison (2013): A Network Model of Financial System Resilience, J of Economic Behaviour and Organization, Hanno
29 August
Paper 1 - Heathcote, Storesletten and Violante (2014): Optimal Tax Progressivity: An Analytical Framework, Kaspar
Paper 2 - Robstad (2014): House Prices, Credit and the Effect of Monetary Policy in Norway, Olavi
Paper 3 - thesis proposal, Krista
12 September
Paper 1 - Lester (2014): Home production and sticky prices: Implications for monetary policy, Hanno, slides
22 September
Paper 1 - Peukert, Kretschmer and Claussen (2013): Piracy and Movie Revenues: Evidence from Megaupload: A Tale of the Long Tail?, Olavi, slides
17 October
Paper 1 - Tirole (2012): Overcoming Adverse Selection: How Public Intervention Can Restore Market Functioning, AER, Olavi
Paper 2 - Eggertson and Mehrotra (2014): A Model of Secular Stagnation, Krista
Paper 3 - Kaspar
Paper 4 - Hanno