2003

Tuesday, July 29

Bounded Memory and Biases in Information Processing

Andrea Wilson
Princeton University

Deflation, Real Wages, and the International Great Depression: A Productivity Puzzle

Hal Cole
UCLA
Ron Leung
University of Minnesota
Lee Ohanian
UCLA

Wage Determination and Employment Fluctuations

Robert Hall
Stanford University

Optimal Expectations

Markus K. Brunnermeier
Princeton University
Jonathan Parker
Princeton University

The Macroeconomic Implications of Rising Wage Inequality in the US

Jonathan Heathcote
Georgetown University
Kjetil Storesletten
IIES
Gianluca Violante
New York University

Shakeouts and Market Crashes

Alessandro Barbarino
University of Chicago
Boyan Jovanovic
University of Chicago and New York University

Dynamic Rational Expectations Equilibrium with Private Information: How Not to Forecast the Forecasts of Others

Katya Malinova
University of Michigan
Lones Smith
University of Michigan

Trade Theory and Trade Facts

Raphael Bergoeing
Universidad de Chile
Tim Kehoe
University of Minnesota

Do Flexible Durable Goods Prices Undermine Sticky Price Models

Robert Barsky
University of Michigan
Chris House
University of Michigan
Miles Kimball
University of Michigan

Public Announcements, Adjustment Delays and the Business Cycle

Christian Hellwig
UCLA

The Cyclical Behavior of Equilibrium Unemployment and Vacancies: Evidence and Theory

Robert Shimer
Princeton University

A Theory of Factor Allocation and Plant Sizes

Thomas Holmes
University of Minnesota
Matt Mitchell
University of Iowa

A Theory of Financing Constraints and Firm Dynamics

Gianluca Clementi
CMU
Hugo Hopenhayn
University of Rochester

Frictionless Technology Diffusion: The Case of Tractors

Rodolfo Manuelli
University of Wisconsin
Ananth Seshadri
University of Wisconsin

The Optimal Degree of Discretion in Monetary Policy

Susan Athey
Stanford University
Andrew Atkeson
UCLA
Patrick Kehoe
University of Minnesota

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