Program for Vienna Macroeconomics Workshop 2022 

Greenhorn Session

1. Adverse Selection and Small Business Finances

Fan Liang (Loyola Marymount)*

Discussion Chair: Michael Reiter (IHS / VGSE)

2. Optimal Unemployment Insurance with Worker Profiling

Sergio Cappellini (University of Padua)*

Discussion Chair: Christine Braun (Warwick)

3. Systemic Bank Runs without Aggregate Risk: How a Misallocation of Liquidity May Trigger a Solvency Crisis

Lukas Altermatt (University of Essex), Hugo van Buggenum (ETH Zürich) and Lukas Voellmy (Swiss National Bank)

Discussion Chair: Allen Head (Queen’s)

4. Sentiment Driven Boom-Bust Cycles

Vito Cormun (Santa Clara University) and  Marco Brianti (University of Alberta)*

"Expectation-Driven Boom-Bust Cycles": Forthcoming in Journal of Monetary Economics

Discussion Chair: Paul Gaggl (UNC Charlotte)

5. Financing Universal Health Care: Premiums or Payroll Taxes?

Hans Fehr (JMU Würzburg, Netspar, CESifo),  and Maria Feldman (JMU Würzburg)*

Discussion Chair: Sevi Rodriguez Mora (Edingburgh)

6. Fighting for Fares: Uber and the Declining Market Price of Licensed Taxicabs

Alina Garnham (Queen's University)*, and Derek Stacey (University of Waterloo)

Discussion Chair: Philipp Schmidt-Dengler (Vienna / VGSE)

Poster Slam Session (VGSE), Session Chair: Florian Exler(Vienna & VGSE)

• Andre Kalk: "Social security and social comparisons "

• Manuel Gruber: "Capacity Adjustment Costs and Multinationals’ Choice of Firm 

Boundaries under Demand Uncertainty "

•  Alexander Hansak: "The Quantitative Effects of Basic Income Programs 

in the Presence of Automation"

• Philipp Ulbing:  "Optimal Tiered Reserve Remuneration"

7. The Work-from-Home Technology Boon and its Consequences

Mo Davis (Rutgers)*, Jesse Gregory (Wisconsin), and Andra Ghent (Utah)

Discussant: Aaron Hedlund (Purdue)

Session Chair: Derek Stacey (Waterloo)

8. Innovation-driven growth in a multi-country world

Paul Klein (Stockholm)* and Till Gross (Carleton)

Discussant: General

Session Chair: Giulio Fella (Queen Mary)

9. Regulating Financial Networks: A Flying Blind Problem

Carlos Ramirez (Federal Reserve Board)

Discussant:  Ariel Zeltin-Jones (Carnegie Mellon)

Session Chair: Natalia Kovrijinkh (ASU)

10. Amazon HQ2: A Tale of Shocks to Housing Price Expectations

Carlos Garriga (FRB, St. Louis)*, Matt Famiglietti (Yale), and Eugenio Miravete (UT-Austin)

Discussant: Antonia Diaz (Carlos III)

Session Chair: Fabian Kindermann (Regensburg)

11. Taxing Wealth and Capital Income when Returns are Heterogeneous

Fatih Guvenen (Minnesota), Gueorgui Kambourov (Toronto), Burhan Kuruscu (Toronto)*, and Sergio Ocampo (Western)

Discussant: Roozbeh Hosseini (UGA)

Session Chair: Aspen Gorry (Clemson)

12. Why aging is inducing deflation and secular stagnation

Anton Braun (FRB, Atlanta)* and Daisuke Ikeda (Bank of Japan)

Discussant: Arpad Abraham (Bristol)

Session Chair: Maximilian Dvorkin (FRB, St. Louis)

Moderators: David Andolfatto (FRB, St. Louis / Miami), Klaus Neusser (IHS)

13. The Economic Outlook

Christopher J. Waller (Governor, Federal Reserve Board of  Governors)

* Presenter

14. Cyclical Earnings, Career and Employment Transitions

Carlos Carrillo Tudela (Essex), Ludo Visschers (Edinburgh), and  David Wiczer (Stony Brook)*

Discussant: Serda Ozkan (FRB, St. Louis/Toronto)

Session Chair: Yuliya Kulikova (IIASA, Vienna)

15. Money, Credit and Imperfect Competition Among Banks

Allen Head (Queen's), Timothy Kam (ANU)*,

Sam Ng (Melbourne) and Isaac Pan (Sydney)

Discussant: Fernando Martin (FRB, St. Louis)

Session Chair: Mariana Rojas Breu (Paris Dauphine)

16. Expanding Unemployment Insurance

Amanda Michaud (FRB-Minneapolis)

Discussant:  Yaniv Yedid-Levi (Reichman IDC Herzliya)

Session Chair: Henry Siu (UBC)

17. Gazing at r*: A Hysteresis Perspective

Cesaire Meh (Bank of Canada)*, Paul Beaudry (Bank of Canada), and Katsiaryna Kartashova (Bank of Canada)

Discussant: Marcus Hagedon (Oslo)

Session Chair:  Iacopo Morchio (Bristol)

18. A Parsimonious Model of Idiosyncratic Income

Edmund Crawley (Federal Reserve Board)*, Martin Holm (University of Oslo), and Hakon Tretvoll (Statistics Norway)

Discussant; General Discussion

Session Chair:  Gueorgui Kambourov (Toronto)

19. Provision of Liquidity To Stressed Financial Markets: A Classical Lender of Last Resort Approach

Fabrizio Mattesini (Rome, Tor Vergata)* Ed Nosal (Atlanta Fed), and Yu Zhu (Bank of Canada)

Discussant: Antoine Camous (Mannheim)

Session Chair: Felicia Ionescu (Federal Reserve Board)

Other Official Participants (as of September 6, 2022):

Vanessa Kunzmann (Regensburg), Jonas Kremer (Regensburg), Leonie Müller Judex (Regensburg), Tizian Dick (Regensburg), Stella Polinski (Regensburg), Tamas Papp (IHS), Susanne Forster (IHS), Nawid Siassi (TU Wien), Christian Haefke (NYU, Abu Dhabi), Julian Duc (Paris Dauphine), Harris Dellas (Bern), Aleks Berentsen (Basel), Francesca Carapella (FRB), Monika Gehrig-Merz (Vienna),  Bo Ju Li (Liverpool), Alessandro Marchesiani  (Liverpool),  Roman Sustek (Queen Mary), Zsofia Barany (CEU), Viola Garstenauer (TU Wien), Christian Wipf (Austrian National Bank)