Schedule‎ > ‎

Spring 2018

Session Date* Paper Room Presenter

1

19/02
Risky inside money and its consequences for the real economy
Relevant Lit: 
1)  Allen, F., & Gale, D. (1994). Limited market participation and volatility of asset prices. The American Economic Review, 933-955.

T50A
 
Hugo

2

05/03
Safe asset shortages and the secular decline of nominal interest rates in the U.S.
Relevant Lit: 
1) 
 Caballero, R. J., F. Emmanuel, and P.O. Gourinchas, 2017, The Safe Assets Shortage Conundrum, Journal of Economic Perspectives, 31(3): 29–46.
2) Caballero, R. J., F. Emmanuel, and P.O. Gourinchas, 2016, Global Imbalances and Currency Wars at the ZLB, Working paper, National Bureau of Economic Research.

T50A

Matjaz



3

19/03
The cost of the status quo: Exploration or innovation in the face of scarcity.
Relevant Lit: 


T50A

Mauricio
 
4

09/04 
Currency Competition in the Age of Blockchain
Relevant Lit:
1) 
Fernandez-Villaverde, Jesus and Daniel Sanches, “Can currency competition work?,” NBER Working Paper, 2016.

T50A
 
Sophie


5

30/04
International Trade with Financial Constraints and Information Frictions
Relevant Lit:
1) 
Manova, Kalina. "Credit constraints, heterogeneous firms, and international trade." Review of Economic Studies 80.2 (2012): 711-744.
2) 
Brown, Martin, Tullio Jappelli, and Marco Pagano. "Information sharing and credit: Firm-level evidence from transition countries." Journal of Financial Intermediation 18.2 (2009): 151-172.
3) 
Chauffour, Farole (2009): Trade Finance in Crisis – Market Adjustment or Market Failure?  [Executive Summary]

T50A

Dorothee

 
6
 
14/05

Environmental and Fiscal Policy in a Liquidity Trap
Relevant Lit:
1) Christiano, L., Eichenbaum, M., and Rebelo, S. 2011. When is the government spending multiplier large? Journal of Political Economy,119, 1, pp. 78-121
2) Annicchiarico, B., and Di Dio, F. 2015. Environmental policy and macroeconomic dynamics in a new Keynesian model. Journal of Environmental Economics and Management, 69, pp. 1-21
 
T50A


Richard

7

28/05



T50A

Lucas


*Time: The group meets from 13:00 to 14:00 in T50A

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