MONDAY JULY 12:

 

 

 

8:30 am

IFM

Mathias Hoffmann, University of Zurich

 

 

What Drives China's Current Account?

 

 

 

9:00 am

EFCE

Mirko Wiederholt, Northwestern University

 

 

Luigi Paciello, Einaudi Institute, Rome

 

Imperfect Information and Optimal Monetary Policy

 

 

 

9:00 am

CF

Joshua Rauh, Northwestern University and NBER

 

 

Amir Sufi, University of Chicago and NBER

 

 

Explaining Corporate Capital Structure: Product Markets, Leases, and Asset Similarity

 

 

 

9:00 am

DAE

Gary Libecap, UC, Santa Barbara and NBER

 

 

Dean Lueck, University of Arizona

 

 

Trevor O'Grady, UC, Santa Barbara

 

 

Large-Scale Institutional Changes: Land Demarcation Within the British Empire

 

 

 

9:30 am

AP

Francois Gourio, Boston University and NBER

 

 

Disaster Risk and Business Cycles

 

 

 

9:45 am

IFM

Maya Eden, MIT

 

 

Financial Distortions and the Distribution of Global Volatility

 

 

 

9:50 am

CF

Xavier Giroud, New York University

 

 

Holger Mueller, New York University and NBER

 

 

Alexander Stomper, MIT

 

 

Arne Westerkamp, Vienna University of Economics and Business

 

 

Snow and Leverage

 

 

 

10:15 am

EFCE

Ricardo Reis, Columbia University and NBER

 

 

When Should Policymakers Make Announcements?

 

10:15 am

DAE

Peter Murrell, University of Maryland

 

Design and Evolution in Institutional Development: The Insignificance of the English Bill of Rights

 

11:00 am

IFM

Nuno Coimbra, London Business School

 

 

An Iberian Disease? On Current Account Imbalances Within a Monetary Inion

 

 

 

11:00 am

CF

Justin Murfin, Yale University

 

 

The Supply-Side Determinants of Loan Contract Strictness

 

 

 

11:00 am

AP

Xiaoji Lin and Jack Favilukis, London School of Economics

 

 

Micro Frictions, Asset Pricing, and Aggregate Implications

 

 

 

11:15 am

DAE

John Wallis, University of Maryland and NBER

 

 

Jessica Hennessey, Furman University

 

 

The Special Nature of General Laws in American History

 

 

 

11:30 am

EFCE

Tarek Hassan, University of Chicago

 

 

Thomas Mertens, New York University

 

 

The Social Cost of Near-Rational Investment: Why We Should Worry about Volatile Stock Markets

 

 

 

1:00 pm

ME

Pierpaolo Benigno, LUISS Guido Carli and NBER

 

 

Luca A. Ricci, International Monetary Fund

 

 

Paolo Surico, London Business School

 

 

Unemployment and Productivity in the Long Run: the Role of Macroeconomic Volatility

 

 

 

1:00 pm

AP

Adam Kolasinksi, University of Washington

 

 

Adam Reed and Matthew Riggenberg, University of North Carolina at Chapel Hill

 

 

A Multiple Lender Approach to Understanding Supply and Search in the Equity Lending Market

 

 

 

1:00 pm

CF

Jesse Edgerton, Federal Reserve Board

 

 

Agency Problems in Public Firms: Evidence from Corporate Jets in Leveraged Buyouts

 

 

 

1:00 pm

AP

Adam Kolasinksi, University of Washington

 

 

Adam Reed and Matthew Riggenberg, University of North Carolina at Chapel Hill

 

 

A Multiple Lender Approach to Understanding Supply and Search in the Equity Lending Market

 

 

 

1:15 pm

DAE

Peter Rousseau, Vanderbilt University and NBER

 

 

The Market for Bank Stocks and the Rise of Deposit Banking in New York City, 1866-1897

 

 

 

1:50 pm

CF

Bo Becker, Harvard University and NBER

 

 

Per Stromberg, Institute for Financial Research and NBER

 

 

Fiduciary Duties and Equity-Debtholder Conflicts

 

 

 

1:55 pm

ME

Christopher J. Nekarda, Federal Reserve Board

 

 

Valerie A. Ramey, UC, San Diego and NBER

 

 

The Cyclical Behavior of the Price-Cost Markup

 

 

 

2:00 pm

AP

Lubos Pastor, University of Chicago and NBER

 

 

Robert Stambaugh, University of Pennsylvania and NBER

 

 

On the Size of the Active Management Industry

 

 

 

2:30 pm

DAE

Eric Hilt, Wellesley College and NBER

 

 

Banks and Industrial Corporations in 19th Century New England

 

 

 

3:00 pm

CF

Henrik Cronqvist, Claremont McKenna College

 

 

Anil Makhija and Scott Yonker, Ohio State University

 

 

Behavioral Consistency in Corporate Finance: CEO Personal and Corporate Leverage

 

 

 

3:00 pm

AP

Kristoffer Nimark, Universitat Pompeu Fabra

 

 

Speculative Dynamics in the Term Structure of Interest Rates

 

 

 

3:05 pm

ME

Pedro S. Martins, University of London

 

 

Gary Solon, Michigan State University and NBER

 

 

Jonathan Thomas, University of Edinburgh

 

 

Measuring What Employers Really Do about Entry Wages over the Business Cycle

 

 

3:30 pm

DAE

Andrew Jalil, UC, Berkeley

 

 

A New History of Banking Panics in the United States, 1825-1929: Construction and Implications

 

 

3:50 pm

CF

Ramin Baghai, Henri Servaes and Ane Tamayo, London Business School

 

Have Rating Agencies Become More Conservative?

 

 

 

4:30 pm

AP

Alexander David, University of Calgary

 

 

Pietro  Veronesi, University of Chicago and NBER

 

 

What Ties Return Volatilities to Price Valuations and Fundamentals?

 

 

 

TUESDAY JULY 13:

 

 

 

8:30 am

IFM

Philippe Andrade, Bank of France

 

 

Marios Zachariadis, University of Cyprus

 

 

Trends in International Prices

 

 

 

8:30 am

CF

Vojislav Maksimovic, University of Maryland

 

 

Gordon Phillips, University of Maryland and NBER

 

 

Liu Yang, UC, Los Angeles

 

 

Private and Public Merger Waves

 

 

 

8:30 am

AP

Mark Hugget, Georgetown University

 

 

Greg Kaplan, Federal Reserve Bank of Minneapolis

 

 

Human Capital Values and Returns: Bounds Implied by Earnings and Asset Returns Data

 

 

 

8:30 am

EFWW

Andrew Ang, Columbia University and NBER

 

 

Dennis Kristensen, Columbia University

 

 

Testing Conditional Factor Models

 

 

 

9:00 am

EFCE

Marc Giannoni and Michael Woodford, Columbia University and NBER

 

 

Optimal Target Criteria for Stabilization Policy

 

9:00 am

DAE

Rodney Ramcharan, International Monetary Fund

 

Raghuram Rajan, University of Chicago and NBER

 

Constituencies and Legislation: The Fight over the McFadden Act of 1927

 

9:20 am

CF

Itzhak Ben-David, Ohio State University

 

 

Michael  Drake and Darren Roulstone, Ohio State University

 

 

Are Stock Acquirers Overvalued? Evidence from Short Selling Activity

 

 

 

9:30 am

AP

Yi-Li Chien, Purdue University

 

 

Harold L. Cole, University of Pennsylvania and NBER

 

 

Hanno Lustig, UC, Los Angeles and NBER

 

 

Is the Volatility of the Market Price of Risk Due to Intermittent Portfolio Re-Balancing?

 

 

 

9:45 am

IFM

Katheryn Russ, UC, Davis and NBER

 

 

Diego Valderrama, Franklin Templeton Investments

 

 

Financial Choice in a Non-Ricardian Model of Trade

 

 

 

9:45 am

EFWW

Guillaume Chevillon, ESSEC Business School

 

 

Sophocles Mavroeidis, Brown University

 

 

Adaptive Learning and Long Memory

 

 

 

10:15 am

EFCE

Harald Uhlig, University of Chicago and NBER

 

 

Thorsten Drautzburg, University of Chicago

 

 

Fiscal Stimulus and Distortionary Taxation

 

10:15 am

DAE

Kris James Mitchener, Santa Clara University and NBER

 

Gary Richardson, UC, Irvine and NBER

 

Mark Carlson, Federal Reserve Board

 

Arresting Banking Panics: Fed Liquidity Provision and the Forgotten Panic of 1929

 

10:30 am

CF

Vikas Mehrotra, University of Alberta

 

Randall Morck, University of Alberta and NBER

 

Jungwook Shim, Hitotsubashi University

 

Yupana Wiwattanakantang, National University of Singapore

 

Adoptive Expectations: Rising Sons in Japanese Family Firms

 

10:45 am

AP

Nicolae Garleanu, UC, Berkeley and NBER

 

Lasse Pedersen, New York University and NBER

 

Margin-Based Asset Pricing and Deviations from the Law of One Price

 

11:00 am

IFM

Gita Gopinath, Harvard University and NBER

 

 

Brent Neiman, University of Chicago

 

 

Trade Adjustment in Large Crises

 

 

 

11:00 am

EFWW

Raffaella  Giacomini, University College London

 

 

Giuseppe Ragusa, Luiss University

 

 

Estimation of Moment-Based Models with Latent Variables

 

 

 

11:15 am

DAE

Douglas Irwin, Dartmouth College and NBER

 

 

Barry Eichengreen, UC, Berkeley and NBER

 

 

The Slide to Protectionism in the Great Depression: Who Succumbed and Why?

 

 

 

11:20 am

CF

Gregor Matvos, University of Chicago

 

 

Renegotiation Design: Evidence from NFL roster bonuses

 

 

 

11:30 am

EFCE

Marco Del Negro, Gauti Eggertsson, and Andrea Ferrero, Federal Reserve Bank of New York

 

 

Nobuhiro Kiyotaki, Princeton University and NBER

 

 

The Great Escape? A Quantitative Evaluation of the Fed’s Non-Standard Policies

 

 

 

11:45 am

AP

Tobias Adrian and Emanuel Moench, Federal Reserve Bank of New York

 

 

Hyun Shin, Princeton University

 

 

Financial Intermediation, Asset Prices and Macroeconomic Dynamics

 

 

 

12:10 pm

CF

Bruce Carlin, UC, Los Angeles and NBER

 

 

Simon Gervais, Duke University

 

 

Legal Protection in Retail Financial Markets

 

 

 

1:00 pm

ME

Marc Giannoni and Michael Woodford, Columbia University and NBER

 

 

Optimal Target Criteria for Stabilization Policy

 

 

1:00 pm

ITM

Andrei Levchenko, University of Michigan and NBER

 

 

Logan Lewis, University of Michigan

 

 

Linda Tesar, University of Michigan and NBER

 

 

The Collapse of International Trade During the 2008-2009 Crisis: In Search of the Smoking Gun

 

 

1:15 pm

DAE

Suresh Naidu, Harvard University

 

 

Suffrage, Schooling, and Sorting in the Post-Bellum U.S. South

 

 

1:55 pm

ME

Ricardo Reis, Columbia University and NBER

 

 

When Should Policymakers Make Announcements?

 

 

 

2:00 pm

CF

Zhiguo He, University of Chicago

 

 

In Gu Khang, Northwestern University

 

 

Arvind Krishnamurthy, Northwestern University and NBER

 

 

Balance Sheet Adjustments during the 2008 Crisis

 

 

 

2:00 pm

AP

Zhiguo He, University of Chicago

 

 

Arvind Krishnamurthy, Northwestern University and NBER

 

 

Balance Sheet Adjustment in the 2008 Crisis

 

 

 

2:00 pm

ITM

George Alessandria, Federal Reserve Bank of Philadelphia

 

 

Joseph Kaboski, Ohio State University and NBER

 

 

Virgiliu Midrigan, New York University and NBER

 

 

The Great Trade Collapse of 2008-09: An Inventory Adjustment?

 

 

 

2:30 pm

DAE

Carola Frydman, MIT and NBER

 

 

Raven Molloy, Federal Reserve Board

 

 

The Compression in Top Income Inequality during the 1940s

 

 

 

3:05 pm

ME

Ruediger Bachmann, University of Michigan

 

 

Steffen Elstiner, IFO Institute

 

 

Eric Sims, University of Notre Dame and NBER

 

 

Uncertainty and Economic Activity: Evidence from Business Survey Data

3:10 pm

CF

Thomas Philippon, New York University and NBER

 

 

Philipp Schnabl, New York University

 

 

Efficient Recapitalization

 

 

 

3:10 pm

AP

Thomas Philippon, New York University and NBER

 

 

Philipp Schnabel, New York University

 

 

Efficient Recapitalization

 

 

 

3:30 pm

DAE

Claudia Olivetti, Boston University and NBER

 

 

Daniele Paserman, Boston University

 

 

In the Name of the Father: Marriage and Intergenerational Mobility in the United States 1850-1930

 

3:30 pm

ITM

A. Kerem Coşar, Pennsylvania State University

 

Nezih Guner, Universitat Autònoma de Barcelona

 

James Tybout, Pennsylvania State University and NBER

 

Firm Dynamics, Job Turnover, and Wage Distributions in an Open Economy

 

4:30 pm

ITM

Keyu Jin, London School of Economics

 

International Business Cycles with Heterogeneous Sectors

 

 

 

WEDNESDAY JULY 14:

 

 

 

8:30 am

IFM

Efraim Benmelech, Harvard University and NBER

 

 

Eyal Dvir, Boston College

 

 

Does Short-Term Debt Increase Vulnerability to Crisis? Evidence from the East Asian Financial Crisis

 

 

 

8:30 am

EFWW

Garland Durham and Yangho Park, University of Colorado

 

 

Beyond Stochastic Volatility and Jumps in Returns and Volatility

 

 

9:00 am

EFCE

Jonas Fisher and Gadi Barlevy, Federal Reserve Bank of Chicago

 

 

Backloaded Mortgages and House Price Speculation

 

 

 

9:00 am

DAE

Marianne Wanamaker, University of Tennessee

 

 

Did Industrialization Cause the American Fertility Decline? Evidence from South Carolina

 

 

 

9:00 am

RISK

Bruno Biais, Toulouse School of Economics

 

 

Florian Heider, European Central Bank

 

 

Marie Hoerova, European Central Bank

 

Risk-Sharing or Risk-Taking? Financial Innovation, Margin Requirements and Incentives

 

 

 

9:45 am

IFM

Alberto Martin, Pompeu Fabra University

 

 

Jaume Ventura, Pompeu Fabra University and NBER

 

 

Theoretical Notes on Bubbles and the Current Crisis

 

 

 

9:45 am

EFWW

Carlo Favero, Arie E. Gozluklu and Andrea Tamoni, Bocconi University

 

 

Demographic Trends the Dividend/Price Ratio and the Predictability of Long-Run Stock Market Returns

 

 

 

9:55 am

RISK

Olivier Armantier, Federal Reserve Bank of New York

 

 

Eric Ghysels, University of North Carolina

 

 

Asani Sarkar, Federal Reserve Bank of New York

 

 

Jeffrey Shrader, Federal Reserve Bank of New York

 

 

Stigma in Financial Markets: Evidence from Liquidity Auctions and Discount Window Borrowing During the Crisis

 

 

 

10:15 am

EFCE

Yan Bai, Arizona State University

 

 

Patrick Kehoe, Princeton University and NBER

 

 

Financial Markets and Fluctuations in Uncertainty

 

 

 

10:15 am

DAE

Martha Bailey, University of Michigan and NBER

 

 

Brad Hershbein, University of Michigan

 

 

Amalia Miller, University of Virginia

 

 

The Opt-In Revolution: Contraception, Women's Labor Supply and the Gender Gap in Wages

 

 

 

11:00 am

IFM

Prakash Kannan, International Monetary Fund

 

 

Credit Conditions and Recoveries from Recessions Associated with Financial Crises

 

 

 

11:00 am

EFWW

Kristoffer Nimark, CREI

 

 

Speculative Dynamics in the Term Structure of Interest Rates

 

 

 

11:10 am

RISK

John Dai, Capula Investment Management

 

 

Suresh Sundaresan, Columbia University

 

 

Risk Management Framework for Hedge Funds Role of Funding and Redemption Options on Leverage

 

 

 

11:15 am

DAE

Claudia Goldin, Harvard University and NBER

 

 

Lawrence F. Katz, Harvard University and NBER

 

 

Putting the "Co" in Education: Timing, Reasons, and Consequences of College Coeducation from 1835 to the Present

 

 

 

11:30 am

EFCE

Martin Eichenbaum, Northwestern University and NBER

 

 

Craig Burnside, Duke University and NBER

 

 

Sergio Rebelo, Northwestern University and NBER

 

 

Booms and Busts: Understanding Housing Market Dynamics

 

 

12:05 pm

RISK

Cristina Cella, Indiana University

 

 

Andrew Ellul, Indiana University

 

 

Mariassunta Giannetti, Stockholm School of Economics

 

 

Investors' Horizons and the Amplification of Market Shocks

 

 

1:00 pm

ME

Yuriy Gorodnichenko, UC, Berkeley and NBER

 

Olivier Coibion, College of William and Mary

 

 

Johannes Wieland, UC, Berkeley

 

 

The Optimal Inflation Rate in New Keynesian Models

 

1:15 pm

DAE

Petra Moser, Stanford University and NBER

 

Alessandra Voena, Stanford University

 

Fabian Waldinge, Stanford University

 

How Much did the United States Gain from the Arrivals of German-Jewish Emigres; Nazi Expulsions and American Scientific Innovation

 

 

 

1:55 pm

ME

Martin Bodenstein, Federal Reserve Board

 

James S. Hebden, Federal Reserve Board

 

Ricardo Nunes, Federal Reserve Board

 

Imperfect Credibility and the Zero Lower Bound on the Nominal Interest Rate

 

2:00 pm

RISK

Antonio Bernardo, UC, Los Angeles

 

Ivo Welch, Brown University and NBER

 

Aggregate Leverage and Preemptive Selling by Individual Financial Institutions

 

2:30 pm

DAE

Nico Voigtlaender, UC, Los Angeles

 

Skill Bias Magnified: Intersectoral Linkages and White-Collar Labor Demand in U.S. Manufacturing 1958-96

 

3:05 pm

ME

Jordi Gali, Universitat Pompeu Fabra and NBER

 

Frank Smets, European Central Bank

 

 

Raf Wouters, National Bank of Belgium

 

 

Unemployment in an Estimated New Keynesian Model

 

 

 

3:15 pm

RISK

Stephen Brown, New York University

 

 

William Goetzmann, Yale University and NBER

 

 

Bing Liang, University of Massachusetts

 

 

Christopher Schwarz, UC, Irvine

 

 

Trust and Delegation

 

 

 

3:30 pm

DAE

Jinyoung Kim, Korea University

 

 

Gerald Marschke, Harvard University

 

 

Teams in R&D: Evidence from Inventor Data

 

 

 

4:10 pm

RISK

Shawn Cole, Harvard University

 

 

Martin Kanz, Harvard University

 

Leora Klapper, World Bank

 

 

Rewarding Calculated Risk-Taking: Evidence from a Series of Experiments with Commercial Bank Loan Officers

 

 

 

THURSDAY JULY 15:

 

 

 

8:30 am

IFM

Michael Devereux, University of British Columbia and NBER

 

 

Viktoria Hnatkovska, University of British Columbia

 

 

Consumption Risk Sharing, the Real Exchange Rate, and Borders: Why Does the Exchange Rate Make Such a Difference?

 

 

 

8:30 am

EFWW

Domenico Giannone, ECARES - Université Libre de Bruxelles

 

 

Michele Lenza, European Central Bank

 

 

Giorgio Primiceri, Northwestern University and NBER

 

 

Prior Selection for Vector Autoregressions

 

 

 

9:00 am

EFCE

Lawrence Christiano, Northwestern University and NBER

 

 

Mathias Trabandt and Karl Walentin, Riksbank

 

 

Involuntary Unemployment and the Business Cycle

 

 

9:00 am

DAE

Joshua Rosenbloom, University of Kansas and NBER

 

 

Thomas Weiss, University of Kansas and NBER

 

 

Peter Mancall, University of Southern California

 

 

Economic Growth in the Mid Atlantic Region Conjectural Estimates for 1720 to 1800

 

 

9:00 am

EFHJ

Igal Hendel, Northwestern University

 

 

Aviv Nevo, Northwestern University and NBER

 

A Simple Model of Demand Anticipation

 

 

 

9:45 am

IFM

Hui Tong, International Monetary Fund

 

 

Shang-Jin Wei, Columbia University and NBER

 

 

Country Insurance and Corporate Risk-Taking

 

 

 

9:45 am

EFWW

Hyungsik Moon, University of Southern California

 

 

Frank Schorfheide, University of Pennsylvania and NBER

 

 

Eleonora Granziera and Mihye Lee, University of Southern California

 

 

Inference for VARs Identified with Sign Restrictions

 

 

 

10:00 am

DAE

Gustavo Bobonis, University of Toronto

 

 

Peter Morrow, University of Toronto

 

 

Labor Coercion and the Accumulation of Human Capital

 

 

 

10:00 am

EFHJ

Allen Head and Lucy Qian Lui, Queen's University

 

 

Guido Menzio and Randall Wright, University of Pennsylvania and NBER

 

 

Sticky Prices: Equilibrium Price Dispersion and Rigidity

 

 

 

10:15 am

EFCE

Jordi Gali, Universitat Pompeu Fabra and NBER

 

 

Unemployment, the Output Gap and the Design of Monetary Policy

 

 

 

11:00 am

IFM

Luca Dedola, ECB

 

 

Giovanni Lombardo, ECB

 

 

Financial Frictions, Financial Integration and the International Propagation of Shocks

 

 

 

11:00 am

EFWW

Harald Uhlig, University of Chicago and NBER

 

 

Pooyan Amir, European Central Bank

 

 

Measuring the Dynamic Effects of Monetary Policy Shocks: A Bayesian FAVAR Approach with Sign Restriction

 

 

 

11:15 am

DAE

Hoyt Bleakley, University of Chicago and NBER

 

 

Jeffrey Lin, Federal Reserve Bank of Philadelphia

 

 

Portage: Path Dependence and Increasing Returns in U.S. History

 

 

 

11:15 am

EFHJ

Susan E. Woodward, Sand Hill Econometrics, Inc

 

 

Robert E. Hall, Stanford University and NBER

 

 

Diagnosing Consumer Confusion and Sub-Optimal Shopping Effort: Theory and Mortgage-Market Evidence

 

 

 

11:30 am

EFCE

Kozo Ueda, Bank of Japan

 

 

Banking Globalization and International Business Cycles

 

 

 

12:15 pm

DAE

Richard Hornbeck, Harvard University and NBER

 

 

Pinar Keskin, Harvard University

 

 

Farming the Ogallala Aquifer: Short and Long-Run Impacts of Unsustainable Water Use

 

 

 

1:00 pm

ME

Gabriel Jimenez, Banco de España

 

 

Steven Ongena, Tilburg University

 

 

Jose-Luis Peydro, European Central Bank

 

 

Jesus Saurina, Banco de España

 

 

Credit Supply: Identifying Balance-Sheet Channels with Loan Applications and Granted Loans

 

 

 

1:00 pm

EFSF

Fabio Milani, UC, Irvine

 

 

Expectation Shocks and Learning as Drivers of the Business Cycle

 

 

 

2:00 pm

EFSF

Roger Farmer, UC, Los Angeles and NBER

 

Tao Zha and Daniel Waggoner, Federal Reserve Bank of Atlanta

 

 

Minimal State Variable Solutions to Markov-Switching Rational Expectations Models

 

2:10 pm

ME

Discussion with Christina Romer, Chair, Council of Economic Advisers

 

3:30 pm

EFSF

Massimiliano Marcellino, European University Institute

 

 

Classical Time-Varying FAVAR Models – Estimation, Forecasting, and Structural Analysis

 

 

4:30 pm

EFSF

Jesus Fernandez-Villaverde, University of Pennsylvania and NBER

 

 

Juan Rubio-Ramirez, Duke University

 

 

Pablo Guerron-Quintana, Federal Reserve Bank of Philadelphia

 

Fortune or Virtue: Time-Variant Volatilities versus Parameter Drifting in U.S. Data

 

 

 

FRIDAY JULY 16:

 

 

 

8:30 am

IFM

Tatiana Didier, The World Bank

 

 

Roberto Rigobon, MIT and NBER

 

 

Sergio Schmukler, The World Bank

 

 

Unexploited Gains from International Diversification: Patterns of Portfolio Holdings around the World

8:30 am

EFWW

Guenter W. Beck, Goethe University

 

 

Kirstin Hubrich, European Central Bank

 

 

Massimiliano Marcellino, European University Institute

 

 

On the Importance of Sectoral Shocks for Price-Setting

 

 

9:00 am

EFCE

John Leahy, New York University and NBER

 

 

Comparative Statics with Indivisible Goods

 

 

 

9:00 am

EFHJ

Judith Chevalier, Yale University and NBER

 

 

Anil K. Kashyap, University of Chicago and NBER

 

 

Strategic Sales and Price Dynamics

 

 

 

9:00 am

EFJK

Alwyn Young, London School of Economics and NBER

 

The African Growth Miracle

 

 

 

9:45 am

IFM

Chotibhak Jotikasthira, University of North Carolina, Chapel Hill

 

 

Anh Le, University of North Carolina, Chapel Hill

 

 

Christian Lundblad, University of North Carolina, Chapel Hill

 

 

Why Do Term Structures in Different Currencies Comove?

 

 

 

9:45 am

EFWW

Harrison Hong, Princeton University

 

 

Motohiro Yogo, University of Pennsylvania and NBER

 

 

Commodity Market Interest, Inflation, and Asset Prices

 

 

 

10:00 am

EFHJ

Fernando E. Alvarez, University of Chicago and NBER

 

 

Francesco Lippi, University of Sassari

 

 

Luigi Paciello, EIEF

 

 

Optimal Price Setting Under Observation and Menu Costs

 

 

10:15 am

EFCE

Stefano Eusepi, Federal Reserve Bank of New York

 

 

Bruce Preston, Columbia University

 

 

Labor Supply Heterogeneity and Macroeconomic Co-movement

 

 

 

10:15 am

EFJK

Klaus Desmet, Princeton University

 

 

Esteban Rossi-Hansberg, Princeton University and NBER

 

 

Spatial Development

 

 

 

11:00 am

IFM

Paolo Pasquariello, University of Michigan

 

 

Qiaoqiao Zhu, Queensland University of Technology

 

 

Is There Timing Ability in Currency Markets? Evidence from ADR Issuances

 

 

 

11:00 am

EFWW

Bharat Trehan, Federal Reserve Bank of San Francisco

 

 

Survey Measures of Expected Inflation and the Inflation Process

 

 

 

11:15 am

EFHJ

Pierre Dubois, Toulouse School of Economics

 

 

Helena Perrone, University Pompeu Fabra

 

 

Price Dispersion and Search Costs: The Roles of Imperfect Information and Product Differentiation

 

 

 

11:15 am

EFJK

Stelios Michalopoulos, Tufts University

 

 

Elias Papaioannou, Dartmouth College

 

 

"Divide and Rule" or "The Rule of The Divided"? Border Design, Pre-Colonial and Contemporary Institutions in African Development

 

 

11:30 am

EFCE

Michelle Alexopoulos and Trevor Tombe, University of Toronto

 

 

Management Matters

 

 

1:00 pm

ME

David Lopez-Salido and Edward Nelson, Federal Reserve Board

 

 

Postwar Financial Crises and Economic Recoveries in the United States

1:00 pm

EFSF

Aytek Malkhozov, London School of Economics

 

 

Maral Shamloo, International Monetary Fund

 

 

Asset Prices in a News Driven Real Business Cycle Model

 

 

1:15 pm

EFJK

Xin Meng, ANU

 

 

Nancy Qian, Yale University and NBER

 

 

Pierre Yared, Columbia University and NBER

 

 

The Institutional Causes of China’s Great Famine (1959-1960)

 

 

1:55 pm

ME

Andrew Jalil, UC, Berkeley

 

 

A New History of Banking Panics in the United States, 1825-1929: Construction and Implications

 

 

2:00 pm

EFSF

Andre Kurmann, UQAM

 

 

Christopher Otrok, University of Virginia

 

 

News Shocks and the Slope of the Term Structure of Interest Rates

 

 

2:30 pm

EFJK

Jeremiah Dittmar, American University

 

 

Information Technology and Economic Change: The Impact of the Printing Press

 

 

3:05 pm

ME

Jeremy C. Stein, Harvard University and NBER

 

 

Monetary Policy as Financial-Stability Regulation

 

3:15 pm

EFSF

Carlos Carvalho, Federal Reserve Bank of New York

 

Jae Won Lee, Rutgers University

 

Sectoral Price Facts in a Sticky-Price Model

 

3:30 pm

EFJK

Nathan Nunn, Harvard University and NBER

 

Nancy Qian, Yale University

 

The Potato's Contribution to Population and Urbanization