Program for Vienna Macroeconomics Workshop 2010

1. An Equilibrium Model of the African HIV/AIDS Epidemic

Michèle Tertilt (Stanford), Jeremy Greenwood (UPenn), and Philipp Kircher (LSE)

Discussant: Alexander Karaivanov (Simon Fraser)

2. Period Length and the Set of Equilibria with Commodity Money

Nicholas Trachter (EIEF) and Ezra Oberfield (FRB Chicago)

Discussant: Andy Skrzypacz (Stanford)

Published as Commodity Money with Frequent Search

Published in Journal of Economic Theory, 2012, 147(6): 2332-2356

3. Emissions Trading Mechanisms

Cyril Monnet (FRB Philadelphia), and Ted Temzelides (Rice)

Discussant: Ed Nosal (FRB Chicago)

Published as Monetary Emissions Trading Mechanisms

Published in International Journal of Economic Theory, 2015, 12(1): 85-100

4. Approximate Aggregation in A Model of State-Dependent Pricing: A Temporary Equilibrium Approach

Michael Reiter (IHS, Wien)

Discussant: Hiro Kasahara (UBC)

5. Government Policy and Aggregate Fluctuations

Fernando Martin (Simon Fraser)

Discussant: Alessandro Mennuni (Southampton and EUI)

6. Risk, Uncertainty and Monetary Policy

Marie Hoerova (ECB), Geert Bekaert (Columbia) and Marco Lo Duca (ECB)

Discussant: David Dejong (Pittsburgh)

Published in Journal of Monetary Economics, 2013, 60(7): 771-788

7. Loan Securitization and the Monetary Transmission Mechanism

Federico Ravenna (UC Santa Cruz and HEC Montreal) and Bart Hobijn (FRB San Francisco)

Discussant: Aleks Berentsen (Basel)

8. Market Freeze and Recovery: Trading Dynamics under Optimal Intervention by a Market-Maker-of-Last-Resort

Jonathan Chiu (Bank of Canada) and Thorsten V. Koeppl (Queen's)

Discussant: Nicholas Trachter (EIEF)

Published as Trading Dynamics with Adverse Selection and Search: Market Freeze, Intervention and Recovery

Published in Review of Economic Studies, 2011, 83(3): 969-1000.

9. On the Individual Optimality of Economic Integration

Rui Castro (Montreal) and Nelnan Koumtingue (United Nation and Montreal)

Discussant: Harris Dellas (Bern)

Published in Journal of Monetary Economics, 2014, 68(C): 115-135

10. Can Search Frictions Help Explain Housing Dynamics?

Allen Head (Queen's) and Huw Lloyd-Ellis (Queen's)

Discussant: Antonia Diaz (Carols III, Madrid)

Published as Search, Liquidity, and the Dynamics of House Prices and Construction

Published in American Economic Review, 2014, 104(4): 1172-1210

11. The Saving Glut Explanation of Global Imbalances: the Role of Underinvestment

Flavia Corneli (Bank of Italy and EUI)

Discussant: Huw Lloyd-Ellis (Queen's)

12. Efficient Firm Dynamics in a Frictional Labor Market

Leo Kaas (Konstanz) and Philipp Kircher (LSE)

Discussant: General Discussion

Published in American Economic Review, 2015, 105(10): 3030-3060.

13. Backloaded Mortgages and House Price Speculation

Jonas Fisher (FRB Chicago) and Gadi Barlevy (FRB Chicago)

Discussant: Huberto Ennis (FRB Richmond)

Other Registered Participants:

Francesco Lippi(EIEF and Sassari), Ted Temzelides (Rice), David Andolfatto (FRB St. Louis), Martin Gervais (Southampton), Gabe Lee (Regensburg), Alice Schoonbrodt (Southamptonm), Vally Koubi (Bern), Christian Bauer (LMU), Sevi Rodríguez Mora (Edinburgh), Igor Livshits (UWO), Henry Siu (UBC), Christian Stoltenberg (UVA), Carlos Strub (St. Gallen)