The group is run by Moritz Lenel and Jonathan Payne at Princeton University.
The group meets on Tuesday in room 102 from 4:30pm to 5:30pm.
Papers must be submitted (here) by 2pm on Thursday.
To attend the reading group you must submit a paper. There is no representation without taxation.
Regular attendance is the norm.
Unless otherwise instructed, every week each student submits a paper of their choice (here). Please submit a paper that you think is good. Jonathan and Moritz reserve the right to veto a paper that they think is not suitable -- after such a veto, you will be asked to submit an alternative.
From the submitted papers, Jonathan and Moritz will choose 0-3 to be given as 20-minute presentations (by those who submitted them).
20 minute presenters should prepare slides. The maximum number of slides allowed in a presentation is 10.
20 minute presenters will be known by noon on Saturday so that they have time to prepare.
Students whose submissions are not chosen for 20 minute presentations are exposed to being called upon for a 5 minute presentation (no slides) during the reading group meeting.
All participants are expected to be in command of the papers.
Students may not submit a paper that has already been called upon for a 20 minute presentation in the current semester. However, they may submit a paper that has already been called upon for a 5 minute presentation.
If there is a relevant seminar speaker, then we may discuss their paper together rather than running the regular reading group.
We encourage students to bring papers from recent job market candidates for the first couple of weeks of the semester.
Suitable papers should fit broadly into the title theme of the reading group, namely study macro, money and/or finance. However, we are happy to take a broad interpretation of macro, money and/or finance. We would like students to bring papers that they are interested in.
We would like to thank Ziang Li, Narek Alexanian, Samya Aboutajdine, and Manuel F Perez Archila for all their hard work uploading presentations to the website.
February 18: Haddad, Moreira and Muir (2024) - Presentation by Noah Simon
February 25: Chien, Cole, Lustig (2012) - Presentation by Max Alston
March 4: Jones, Midrigan, Philippon (2022) - Presentation by Zhouzhou Gu
March 18: Williamson (2012) - Presentation by Manuel F Pérez Archila
March 25: Haddad and Sraer (2020) - Presentation by Yinjie Yu
April 1: Lucas (1972) - Presentation by Sebastián Guarda
April 15: Carr and Wu (2020) - Presentation by Yuhan Song
April 22: Cieslak, Li, and Pflueger (2024) - Presentation by Jianding Zhang
September 17: Itskoki and Muhkin (2024) - Presentation by Rafael Gonçalves
September 23: Di Tella, Hébert, Kurlat and Wang (2024) - Presentation by Max Alston
October 1: Angeletos and Werning (2006) - Presentation by Sebastian Guarda
October 8: Acharya, Lenzu, and Wang (2023) - Presentation by Ziqiao Zhang
October 21: Angeletos, Lian, and Wolf (2024) - Presentation by Noah Simon
October 29: Sims, Wu, and Zhang (2023) - Presentation by Yinjie Yu
November 5: Gilchrist and Zakrajšek (2012) - Presentation by Samya Aboutajdine
November 19: Farhi and Maggiori (2018) - Presentation by Manuel F Perez Archila
February 22: Kopytov (2023) - Presentation by Dexin Li
March 7: Boar, Gorea, Midrigan (2023) - Presentation by Ziqiao Zhang
March 21: Dmitriy Sergeyev, Chen Lian, Yuriy Gorodnichenko(2024) - Presentation by Yinjie Yu
March 27: Jiang, Krishnamurthy, Lustig (2021) - Presentation by Max Alston
April 4: Grossman, Helpman, Redding (2024) - Presentation by Xuandong Chen
April 18: Han (2021) - Presentation by Chun-Beng Leow
May 6: Gupta, Kopytov, Starmans (2024) - Presentation by Shiqi Li
February 7: Greenwood, Hanson, Liao(2018) - Presentation by Haonan Zhou
Februarh 14: Chen, Duffie(2021) - Presentation by Narek Alexanian
February 21: Ottonello, Winberry(2020) - Presentation by Ziqiao Zhang
February 28: Sastry(2023) - Presentation by Yinjie Yu
March 7: Mian, Sufi(2022) - Presentation by Junyi Que
March 21: Liu(2023) - Presentation by Kevin Cui
March 28: Coppola(2022) - Presentation by Ziang Li
April 18: Durda, Pedroni(2023) - Presentation by Yucheng Yang
April 25: Heathcote, Tsujiyama(2021) - Presentation by Yucheng Yang
September 13: Vayanos and Vila (2021) — Presentation by Ziang Li
September 20: Cao, Lorenzoni and Walentin (2019) — Presentation by Lintong Li
September 27: Piazzesi and Schneider (2022) — Presentation by Jiayue Zhang
October 4: Laibson, Maxted and Moll (2021) — Presentation by Chun-Beng Leow
October 11: Berger, Bocola and Dovis (2022) — Presentation by Haonan Zhou
November 1: Caballero, Simsek (2022) — Presentation by Ziqiao Zhang
November 8: Brunnermeier, Gourinchas, Itskhoki (2020) — Presentation by Rafael Schwalb
November 15: Duffie, Garleanu, Pedersen (2007) — Presentation by Kevin Cui
November 29: Bassetto (2002) — Presentation by Narek Alexanian
February 1: Farboodi and Veldkamp (2020) — Presentation by Jihong Song
February 8: Caballero and Farhi (2017) — Presentation by Ziang Li
February 15: Gonzalez, Nuno, Thaler and Albrizio (2021) — Presentation by Ruairidh South
February 22: Gourinchas and Jeanne (2013) — Presentation by Rafael Schwalb
March 1: McKay and Wolf (2022) — Presentation by Yucheng Yang
March 15: Somogyi (2022) — Presentation by Narek Alexanian
March 22: Gomes, Lewis and Nickerson (2021) — Presentation by Haiyue Yu
March 29: Baley and Blanco (2022) — Presentation by Andrey Alexandrov
April 5: Weeds (2002) — Presentation by Anshu Chen
April 12: Lanteri and Rampini (2021) — Presentation by Lintong Li
September 14: Haddad, Huebner and Loualiche (2021) — Presentation by Jihong Song
September 21: Bilal and Rossi-Hansberg (2021) — Presentation by Derek Wenning
September 28: Stein (2012) — Presentation by Ziang Li
October 5: Guerrieri and Lorenzoni (2009) — Presentation by Narek Alexanian
October 26: Bianchi and Mendoza (2018) — Presentation by Lintong Li
November 2: Auclert (2019) — Presentation by Robert Wagner
November 9: Caramp and Silva (2021) — Presentation by Yucheng Yang
November 16: Akcigit and Kerr (2018) — Presentation by Anshu Chen
February 9: Maxted (2020) — Presentation by Jihong Song
February 16: Villa (2020) — Presentation by Ziang Li
February 23: Acharya, Le and Shin (2017) — Presentation by Thomas Kroen
March 2: Hazell, Herreno, Nakamura and Steinsson (2021) — Presentation by Joseph Abadi
March 9: Sargent (1982) and Krugman (1998) — Presentation by Riccardo Cioffi
March 16: Bassetto and Sargent (2020) — Presentation by Don Noh
March 30: Campbell, Pflueger and Viceira (2020) — Presentation by Haiyue Yu
April 6: Ljungqvist and Sargent (2018), Chapter 27 — Presentation by Sebastian Merkel
April 13: Cochrane (2021), Chapter 6 — Presentation by Anshu Chen
September 29: Corhay, Kung and Schmid (2020) — Presentation by Thomas Kroen
October 6: Vandeweyer (2019) — Presentation by Ziang Li
October 13: Martinez-Toledano (2020) — Presentation by Riccardo Cioffi
October 20: Elenev, Landvoigt and Van Nieuwerburgh (2020) — Presentation by Jihong Song
October 27: Auclert, Rognlie and Straub (2020) — Presentation by Riccardo Cioffi
November 3: Landvoigt, Piazzesi, and Schneider (2015) — Presentation by Sifan Xue
November 17: Diamond and Landvoigt (2020) — Presentation by Jihong Song
November 24: Schaab (2020) — Presentation by Ziang Li
February 18: Kacperczyk, Van Nieuwerburgh and Veldkamp (2016) — Presentation by João Thereze
February 25: Gopinath and Stein (2017) — Presentation by Damien Capelle
March 3: Edmans, Levit and Reilly (2019) — Presentation by Thomas Kroen
March 24: Cole, Greenwood and Sanchez (2016) — Presentation by Kecy Wu
March 31: Nikolov, Schmid and Steri (2019) — Presentation by Shumiao Ouyang
April 14: Werning (2015) — Presentation by Anshu Chen
April 21: Woodford (1998) — Presentation by Ziang Li
September 24: Rocheteau, Wright and Zhang (2018) — Presentation by Jialiang Lin
September 24: Caballero and Simsek (2020) — Presentation by Joseph Abadi
October 1: Bocola and Dovis (2019) — Presentation by Stelios Fourakis
October 15: Lagos and Wright (2005) — Presentation by Joao Thereze
October 22: Lorenzoni and Werning (2019) — Presentation by George Nikolakoudis
November 12: Justiniano, Primiceri and Tambalotti (2010) — Presentation by Luca Neri
November 12: Sebastian Merkel on Continuous-time Value Function
November 19: Brunnermeier and Pedersen (2008) — Presentation by Ziang Li
December 3: Martinez‐Miera and Repullo (2017) — Presentation by Haiyue Yu
December 10: Diamond and Landvoigt (2020) — Presentation by Riccardo Cioffi