Program for Vienna Macroeconomics Workshop 2018

This Year's Workshop is dedicated to Kerstin Zeise (1965 - 2018)

Poster Slam Session: Doctoral Students (VGSE)

Session Chair: Paul Gaggl (UNCC)

1). Martin Kerndler: "Contracting frictions and inefficient layoffs over the life-cycle“

2). Flora Lutz: "Banks liquidity regulation and sudden stops"

3). Nikola Grga: "The Bargaining Power and The Stock Market"

4). Michal Palas: "Ambiguity in Macroeconomics"

5). Regina Kiss: "Price heterogeneity across households"


Regular Session

1. Supply of Private Safe Assets: Interplay of Shadow and Traditional Banks

Stefan Gissler (FRB) and Borghan Narajabad (FRB)

Discussant: Garth Baughman (FRB)

Session Chair: Aleksander Berentsen (Basel)

Published in AEA P & P, 2020, 110, 477-81

2. Sovereign Debt Restructurings: A Dynamic Discrete Choice Approach

Maximiliano A. Dvorkin (FRB St Louis), Juan M. Sánchez (FRB St Louis), Horacio Sapriza (FRB) and Emircan Yurdagul (Carlos III)

Discussant: Xavier Mateos-Planas (Queen Mary)

Session Chair: Aspen Gorry (Clemson)

3. Financial Frictions and Wages

Hamzeh Arabzadeh (Aachen), Almut Balleer (IIES) and Britta Gehrke (FAU, IAB, IZA)

Discussant: Ludo Visschers (Edinburgh)

Session Chair: Carlos Garriga (FRB St. Louis)

4. Time to Build and the Business Cycle

Matthias Meier (Mannheim)

Discussant: Giovanni Gallipoli (UBC)

Session Chair: Mariana Rojas Breu (Paris-Dauphine)

5. Policy Effects of International Taxation on Firm Dynamics and Capital Structure

Adam H. Spencer (Nottingham)

Discussant: Árpád Ábrahám (EUI)

Session Chair: Ctirad Slavik (CERGE)

6. Safety Traps, Liquidity and Information-Sensitive Assets

Michele Loberto (Bank of Italy)

Discussant: Amy Sun (Queens U)

Session Chair: Alessandro Mennuni (Southampton)

7. Structural Change in Investment and Consumption: A Unified Approach

Akos Valentinyi (Manchester), Berthold Herrendorf (ASU), and Richard Rogerson (Princeton)

Discussant: B. Ravikumar (FRB St. Louis)

Session Chair: Alexander Karaivanov (SFU)

Forthcoming in The Review of Economic Studies, 2020

8. Young, Educated, Unemployed

Sena Coskun (Mannheim)

Discussant: Christine Braun (EUI)

Session Chair: Florian Exler (Vienna)

9. Like Father, Like Son: Occupational Choice, Intergenerational Persistence and Misallocation

Iacopo Morchio (Vienna) and Salvatore Lo Bello (Bank of Italy)

Discussant: Brant Abbot (Queens U)

Session Chair: Yaniv Yedid-Levi (IDC Herzliya)

10. Financial Dollarization in Emerging Markets: An Insurance Arrangement

Husnu Dalgic (Mannheim)

Discussant: Martin Wolf (Vienna)

Session Chair: Harris Dellas (Bern)

11. Barriers to Entry and Regional Economic Growth in China

Gueorgui Kambourov (Toronto), Loren Brandt (Toronto) and Kjetil Storesletten (Oslo)

Discussant: Paulina Restrepo ( FRS St. Louis )

Session Chair: Giulio Fella (Queen Mary)

12. The Scarring Effect of Asymmetric Business Cycles

Domenico Ferraro (ASU) and Giuseppe Fiori (North Carolina State)

Discussant: Britta Kohlbrecher (Erlangen-Nuremberg)

Session Chair: Chris Waller (FRB St. Louis)

13. Debt Sustainability in a Low Interest Rate World

Neil R. Mehrotra (Brown)

Discussant: Allen Head (Queens U)

Session Chair: Marek Kapicka (CERGE)

Other Official Participants / Potential Discussants (as of Oct. 5, 2018):

David Andolfatto (FRB St. Louis), Martin Gervais (Georgia), Gabe Lee (Regensburg), Michael Reiter (IHS/VGSE), Stefanie Braun (Regensburg), Veronika Pueschel (Regensburg), Nicola Meier (Regensburg), Alessandro Marchesiani (Liverpool), Mohammed Aït Lahcen (Basel), Romina Ruprecht (Basel), Lukas Altermatt (Basel), Marina Markheim (Basel/Regensburg), Tamas Papp (IHS), Henrike Groeger (EUI), Peter Zorn(Munich), Hery Siu (UBC), Susanne Forster (IHS), Bettina Hametner (Raiffeisenlandesbank), Martin Kerndler (Wien), Flora Lutz (Wien), Nikola Grga (Wien), Michal Palas (Wien), Regina Kiss (Wien), Sevi Mora (Edingburg)