Program for Vienna Macroeconomics Workshop 2014

1. The Value of Discretion

Fernando Martin (FRB St. Louis)

Discussant: Alexander Karaivanov (SFU)

2. Homeownership and the Scarcity of Rentals

Jonathan Halket (Essex)* and Matteo Pignatti (NYU)

Discussant: Allen Head (Queens)

Published in Journal of Monetary Economics, November 2015, 76: 107-123.

3. Relationship Lending in a Tiered Interbank Market

Cyril Monnet (Bern) and Jonathan Chiu (Bank of Canada)

Discussant: Shengxing Zhang (LSE)

4. Search Frictions in Decentralized Asset Markets

Derek Stacey (Ryerson)

Discussant: Antonia Diaz (Carlos III)

5. Work Incentives of Medicaid Beneficiaries and the Role of Asset Testing

Svetlana Pashchenko (Uppsala)* and Ponpoje Porapakkarm (Macau)

Discussant: Roozbeh Hosseini (ASU)

Published in International Economic Review, 2017, 58.4: 1117-1154.

6. Logit Price Dynamics

Anton Nakov (ECB) and Jim Costain (Bank of Spain)*

Discussant: Francesco Lippi (Sassari & EIEF)

Published in Journal of Money, Credit, and Banking, 2019, 51(1): 43-78

7. Greed as a Source of Polarization

Igor Livshits (U. Western Ontario & BEROC)* and Mark Wright (Federal Reserve Bank of Chicag, CAMA, NBER)

Discussant: General Discussion

8. Limelight on Dark Markets: Theory and Experimental Evidence on Liquidity and Information

Aleksander Berentsen (Basel & FRB St. Louis)*, Michael McBride (Irvine) and Guillaume Rocheteau (Irvine)

Discussant: Wei Cui (UCL)

Published in Journal of Economic Dynamics and Control, 2017, 75: 70-90

9. Capital Destruction,Jobless Recoveries, and the Discipline Device Role of Unemployment

Marianna Riggi (B. of Italy)

Discussant: Henry Siu (UBC)

Published in Macroeconomic Dynamics, 2019, 23.2: 590-624

10. Tasks, Talents, and Taxes

Laurence Ales*, Musab Kurnaz, and Christopher Sleet (Carnegie-Mellon)

Discussant: Giovanni Gallipoli (UBC)

Published as Technical Change, Wage Inequality, and Taxes

Published in American Economic Review, 2015, 105(10): 3061-3101.

11. The Risky Capital of Emerging Markets

Espen Henriksen (Davis)*, Ina Simonovska (Davis), and Joel David (USC)

Discussant: Sevi Mora (Edinburgh)

12. Sovereign Risk, Private Credit, and Stabilization Policies

Marija Vukotic (Warwick)*, Roberto Pancrazi (Warwick), and Hern ́an D. Seoane (Carlos III)

Discussant: Francesca Carapella (Board of Governors)

13. Default when House Prices are Uncertain

Morris Davis (Rutgers)* and Erwan Quintin (Wisconsin-Madison)

Discussant: Carlos Garriga (FRB St. Louis)

Forthcoming as On the Nature of Self-Assessed House Prices

Published in Real Estate Economics, 2017, 45.3: 628-649

Official Participants: (as of August 27, 2014)

Harris Dellas (Bern), David Andolfatto (FRB St. Louis and SFU), Martin Gervais (Iowa), Gabe Lee (Regensburg/IHS), Victor Dorofeenko (IHS), Ludo Visschers (Edingburgh), Alessandro Marchesiani (Minho), Michael Reiter (IHS), Johannes Strobel (Regensburg), Markus Knell (OeNB), Paul Pichler (OeNB), Francesco Carli (Universita Catolica), Jenny Körner (Regensburg), Monika Merz (Wien), Jonathan Chiu (B. of Canada), Roman Sustek (Queen Mary), Leo Kaas (Konstanz), Ctirad Slavik (Frankfurt)