MONDAY, JULY 22:
12:00 PM Lunch
12:30 PM ANDREA EISFELDT and ADRIANO RAMPINI, Northwestern University
Capital Reallocation and Liquidity
Discussant: JOHN HALTIWANGER, University of Maryland and NBER
1:20 PM MARK BERGEN, University of Minnesota
MARK ZBARACKI, University of Pennsylvania
SHANTANU DUTTA, University of Chicago
MARK RITSON, London School of Business
DANIEL LEVY, Emory University
Beyond the Cost of Price Adjustment: Investments in Pricing Capital
Discussant: JULIO ROTEMBERG, Harvard University and NBER
2:10 PM Break
2:25 PM ALESSANDRA DEL BOCA, Universita di Brescia
MARZIO GALEOTTI, Universita degli Studi di Bergamo
PAOLA ROTA, University College, London
Non Convexities in the Adjustment of Different Capital Inputs:
A Firm Level Investigation
Discussant: ROBERT CHIRINKO, Emory University
3:15 PM TONI WHITED, University of Iowa
External Finance Constraints and the Intertemporal Pattern
of Intermittent Investment
Discussant: RUSSELL COOPER, Boston University and NBER
4:05 PM Break
SI02 EFEL program
page two
4:20 PM LUIGI GUISO, Ente PerGli Studi Bancari
ANIL KASHYAP, University of Chicago and NBER
FABIO PANETTA and DANIELE TERLIZZESE, Bank of Italy
How Senstive is Investment? Very(when the data are well measured)
Discussant: CHARLIE HIMMELBEG, Columbia University
5:10 PM Adjourn
TUESDAY, JULY 23:
12:00 PM Lunch
12:30 PM MONIKA MERZ, University of Bonn
ERAN YASHIV, Tel Aviv University
Labor Market Frictions, Capital Adjustment Costs, and Stock Prices
Discussant: ANDREW ABEL, University of Pennsylvania and NBER
1:20 PM FRANCISCO GOMES, London Business School
ALEXANDER MICHAELIDES, London School of Economics
Discussant: ANNETTE VISSING-JORGENSON,
Northwestern University and NBER
2:10 PM Break
2:25 PM VALERY POLKOVNICHENKO, University of Minnesota
Discussant: STANLEY ZIN, Carnegie Mellon University and NBER
3:15 PM STEVEN DAVIS, University of Chicago and NBER
FELIX KUBLER, Stanford University
PAUL WILLEN, University of Chicago
Borrowing Costs And The Demand For Equity Over The Life Cycle
Discussant: AMIR YARON, University of Pennsylvania and NBER
4:05 PM Break
4:20 PM MICHAEL GALLMEYER and BURTON HOLLIFIELD,
Carnegie Mellon University
An Examination of Heterogeneous Beliefs with a Short Sale Constraint
Discussant: JOHN HEATON, University of Chicago and NBER
5:10 PM Adjourn
SI02 EFEL program
page three
WEDNESDAY, JULY 24:
12:00 PM Lunch
12:30 PM PHILIP BOND and ARVIND KRISHNAMURTHY,
Northwestern University
Regulating Exclusion from Financial Markets
Discussant: VIRAL ACHARYA, London Business School
1:20 PM MARTIN BERKA, University of British Columbia
CHRISTIAN ZIMMERMAN, Universite du Quebec a Montreal
Financial Intermediation with Heterogeneous Agents:
Transitional Dynamics and Policy Responses
Discussant: VINCENZO QUADRINI, Duke University
2:10 PM Break
2:25 PM RUI CASTRO, University of Montreal
GIAN LUCA CLEMENTI, Carnegie Mellon University
GLENN MACDONALD, Washington University, St. Louis
Optimal Financing Contracts, Investor Protection, and Growth
Discussant: HANNO LUSTIG, Stanford University
3:15 PM MAKOTO SAITO, Osaka University
SHIGENORI SHIRATSUKA, Bank of Japan
TSUTOMU WATANABE, Hitotsubashi University
NORIYUKI YANAGAWA, University of Tokyo
Liquidity Demand and Asset Pricing: Evidence from the Periodic Settlement in Japan
Discussant: JOAO GOMES, University of Pennsylvania
4:05 PM Break
4:20 PM JAMES DOW, London Business School
GARY GORTON, University of Pennsylvania and NBER
ARVIND KRISHNAMURTHY, Northwestern University
Corporate Finance and the Term Structure of Interest Rates
Discussant: JOE HAUBRICH, Federal Reserve Bank of Cleveland
5:10 PM Adjourn
6:00 PM Clambake
Harvard Faculty Club
20 Quincy Street
Cambridge, MA
7/3/02