NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.



SUMMER INSTITUTE 2000



Macro Perspectives

Richard Rogerson and Randall Wright, Organizers



Royal Sonesta Hotel

5 Cambridge Parkway

Cambridge, Massachusetts



July 24 - 28, 2000



PRELIMINARY PROGRAM



MONDAY, JULY 24:



1:00 PM GADI BARLEVY, Northwestern University

Credit Market Frictions and the Allocation of Resources Over the Business Cycle



2:00 PM Break



2:15 PM NEZIH GUNER and JOHN KNOWLES, University of Pennsylvania

Martial Instability and Aging:

Macroeconomic Consequences of the U.S. Experience



3:15 PM Break



3:30 PM VICTORIA OSUNA, Universidad de Carlos III de Madrid

VICTOR RIOS-RULL, University of Pennsylvania

Aggregate Implications of Workweek Restrictions



TUESDAY, JULY 25:



1:00 PM HAL COLE, Federal Reserve Bank of Minneapolis

LEE OHANIAN, UC, Los Angeles

New Deal Policies and the Persistence of the Great Depression: A General Equilibrium Analysis*



2:00 PM Break



2:15 PM DEAN CORBAE, University of Pittsburgh

SATYAJIT CHATTERJEE, Federal Reserve Bank of Philadelphia

On the Welfare Gains of Reducing the Likelihood of Depressions



3:15 PM Break



3:30 PM YONGSUNG CHANG and FRANK SCHORFHEIDE,

University of Pennsylvania

Unveiling the Home Sector: Bayesian Estimates of Aggregate Home Production Models







WEDNESDAY, JULY 26:



1:00 PM IAN KING, Auckland University

Matching with Heterogeneity

(Joint with BENOIT JULIEN and JOHN HILLAS)



2:00 PM Break



2:15 PM KENNETH BURDETT, University of Essex

RANDALL WRIGHT, University of Pennsylvania and NBER

Pricing and Matching with Frictions

(Joint with SHOUYONG SHI)



3:15 PM Break



3:30 PM ROBERT SHIMER, Princeton University

Matching, Searching, and Heterogeneity*

(Joint with LONES SMITH)



THURSDAY, JULY 27:



1:00 PM KENNETH BURDETT, Essex University

RANDALL WRIGHT, University of Pennsylvania and NBER

Unstable Relationships



2:00 PM Break



2:15 PM JAN EECKHOUT, University of Pennsylvania

Competing Norms of Cooperation



3:15 PM Break



3:30 PM ESPEN MOEN, Foundation for Economic Research, Oslo

Turnover, Wage Determination and the Formation of Human Capital (Joint with ASA ROSEN)



FRIDAY, JULY 28:



1:00 PM RICHARD ROGERSON, University of Pennsylvania and NBER

MARTIN SCHINDLER, University of Pennsylvania

The Welfare Costs of Worker Displacement



2:00 PM Break



2:15 PM DARON ACEMOGLU, MIT and NBER

Deunionization, Technical Change and Inequality

(Joint with PHILIPPE AGHION and GIANLUCA VIOLANTE)



3:15 PM Break



3:30 PM RICARDO LAGOS, London School of Economics

To Be Announced 5/25/00