presentations

"If there is not a serious equation, model, result, ... (on the blackboard or a slide) by the end of 15 minutes, then anyone in the audience — including me — is perfectly free to simply leave: the seminar is formally over!"   

[excerpt from Dave Cass' CARESS Rules]

The Limits of onetary Economics: On Money as a Latent Medium of Exchange 

Search and Matching in Macro and Finance (SaMMF) | Virtual Seminar Series | June 1, 2020

[slides]   [video]

The Limits of onetary Economics: On Money as a Medium of Exchange in Near-Cashless Credit Economies 

Research and Policy: A Golden Minnesota Partnership | Federal Reserve Bank of Minneapolis and University of Minnesota | August 21–23, 2019 

[slides]   [video]   [Randy Wright's discussion]

Turnover Liquidity and the Transmission of Monetary Policy

Monetary Policy Transmission Workshop | Federal Reserve Bank of Chicago | October 4, 2017

[slides]

A Model of Monetary Exchange in Over-the-Counter Markets 

Macroeconomics and International Economics Workshop | Chicago Booth | June 2, 2014

[slides]

The Over-the-Counter Theory of the Fed Funds Market: A Primer 

JMCB/ Swiss National Bank/ University of Bern Conference on Financial Frictions |Gerzensee Study Center, Switzerland | October 18–19, 2013 

[slides

The Search-Theoretic Approach to Financial Liquidity 

Plenary lecture | NYU Economics Doctoral Program Biennial Conference | New York University | June 1, 2013 

[slides]   [video part 1 | part 2]

Trade Dynamics in the Market for Federal Funds 

Minnesota Workshop in Macroeconomic Theory | University of Minnesota | July 24–27, 2012 

[slides]

Progresos Recientes en el Estudio de la Liquidez Financiera 

Invited speaker | XLVI Reunión Annual de la Asociación Argentina de Economía Política | Universidad Nacional de Mar del Plata | 16 de noviembre de 2011 

[slides]

The Search-Theoretic Approach to Financial Liquidity 

Distinguished Speaker Seminar | University of Aarhus, Denmark | September 24, 2010 

[slides]

Moneyspots 

Annual Meeting of the Society for Economic Dynamics | Montreal, Canada | July 8–10, 2010 

[slides]

Crises and Liquidity in Over-the-Counter Markets 

New Developments in Monetary Theory | Becker-Friedman Institute for Research in Economics | University of Chicago | May 13–14, 2010 

[slides]   [video]

Asset Prices, Liquidity, and Monetary Policy in an Exchange Economy 

Annual Economic Policy Conference of the FRB of St. Louis: "Debt, Financial Markets and Monetary Policy" | Federal Reserve Bank of St. Louis | October 15–16, 2009 

[slides]   [video]

Liquidity in Asset Markets with Search Frictions 

Laboratory for Aggregate Economics and Finance: “Trading Frictions in Asset Markets” | University of California at Santa Barbara | December 6–8, 2007

[slides]

Asset Prices and Liquidity in an Exchange Economy 

Stanford Institute for Theoretical Economics: “Asset Markets, Liquidity and Capital Immobility” | Stanford University | July 10–12, 2006 

[slides

Money and Capital as Competing Media of Exchange 

Conference in Honor of Neil Wallace | Penn State University | March 10–12, 2006 

[slides]

A Model of Job and Worker Flows 

Minnesota Workshop in Macroeconomic Theory | University of Minnesota | August 2–6, 2005 

[slides]

A Model of TFP 

Stanford Institute for Theoretical Economics: “Heterogeneity and Aggregation in Macroeconomics" | Stanford University | August 4–7, 2004 

[slides]

Inflation, Output, and Welfare 

Models of Monetary Economies II: The Next Generation | Federal Reserve Bank of Minneapolis | May 21–22, 2004 

[slides]

A Unified Framework for Monetary Theory and Policy Analysis 

Minnesota Workshop in Macroeconomic Theory | University of Minnesota | July 30–August 3, 2002 

[slides