| 2008 |
|
| February 26 |
George-Marios Angeletos,
MIT, "Policy with Dispersed Information" |
| March 4 |
Yongsung Chang, University
of Rochester, "Can A Representative Agent Model
Represent a Heterogeneous Agent Economy?" (with Sungbae An and Sun-Bin Kim) |
| March 25 |
Jesus Fernandez-Villaverde,
University of Pennsylvania, "Likelihood
Estimation of DSGE Models with Epstein-Zin Preferences" |
| April 1 |
Cristina Arellano,
University of Minnesota, "Default and the
Maturity Structure in Sovereign Bonds" |
| April 8 |
Laura Veldkamp, NYU Stern,
"Information Acquisition and
Under-Diversification" (with Stijn Van Nieuwerburgh) |
| April 15 |
Gauti Eggertsson, NY Fed,
"Was the New Deal Contractionary?" CANCELLED |
| April 22 |
Fabrizio Perri, University
of Minnesota, "The International Diversification
Puzzle Is Not as Bad as You Think" (with Jonathan Heathcote) |
| April 29 |
Nicola Fuchs-Schundeln,
Harvard University, "Explaining the Low
Labor Productivity in East Germany A Spatial Analysis" |
| 2007 |
|
| February 27 |
Mark Huggett, Georgetown University,
"Sources of Lifetime Inequality" (with
Gustavo Ventura and Amir Yaron) |
| March 6 |
Fabien Postel-Vinay, University of
Bristol, "A Feasible Equilibrium Search Model
of Individual Wage Dynamics with Experience Accumulation" (with Jesper Bagger,
Francois Fontaine and Jean-March Robin) |
| March 27 |
Esteban Rossi-Hansberg, Princeton
University, "Spin-offs and the Market for
Ideas" (with Satyajit Chatterjee) |
| April 3 |
Francisco Buera, Northwestern
University, "Financial Frictions and the Persistence
of History: A Quantitative Exploration" (with Yongseok Shin) |
| April 10 |
Randy Wright, University of
Pennsylvania, "Inflation and
Unemployment: Lagos-Wright meets Mortensen-Pissarides" |
| April 17 |
Michael Reiter, Universitat Pompeu
Fabra, "Endogenous Labor Market Participation and
the Business Cycle" (with Christian Haefke) |
| April 24 |
Narayana Kocherlakota, University of
Minnesota, "Household Heterogeneity and Real
Exchange Rates" |
| May 1 |
Diego Restuccia, University of
Toronto, "How Important is Human Capital?
A Quantitative Theory Assessment of World Income Inequality" (with Andrés Erosa
and Tatyana Koreshkova) |
| September 11 |
Mike Golosov, MIT,
"Decentralized trading with private information" (with Guido Lorenzoni and Aleh
Tsyvinski) |
| September 18 |
Simon Gilchrist, Boston
University, "Investment and the Cost of Capital:
New Evidence from the Corporate Bond Market" |
| September 25 |
Giuseppe Moscarini, Yale
University, "The Timing of Labor Market
Expansions: New Facts and a New Hypothesis" |
| October 2 |
Pieter Gautier, Tinbergen
Institute and Georgetown University, "Structural
Estimation of Search Intensity: Do Non-Employed Workers Search Enough?" (with
Jose Luis Moraga Gonzales and Ronald Wolthoff) |
| October 9 |
Boyan Jovanovic, NYU, "U.S. Investment 1901-2005: Incumbents,
Entrants, and Q" (with Peter L. Rousseau) |
| October 16 |
Bruce Preston, Columbia
University, "Stabilizing Expectations under
Monetary and Fiscal Policy Coordination" (with Stefano Eusepi) |
| October 23 |
Roberto Perotti,
University of Bocconi, "In search of the
transmission mechanism of fiscal policy" |
| October 30 |
Christian Broda,
University of Chicago, GSB, "Product Creation and
Destruction: Evidence and Price Implications" (with David E. Weinstein) |
| November 6 |
Erik Hurst, University of
Chicago, GSB, "Decomposing Lifecycle
Expenditure" (with Mark Aguiar) |
| November 13 |
Ricardo Reis, Princeton
University, "Relative Goods' Prices and Pure
Inflation" (with Mark W. Watson) |
| November 27 |
Michael Woodford, Columbia
University, "Information-Constrained
State-Dependent Pricing" |
| December 4 |
Gueorgui Kambourov,
University of Toronto, "Accounting for the
Changing Life-Cycle Profile of Earnings" (with Iourii Manovskii) |
| 2006 |
|
| February 21 |
Eva Nagypal, Northwestern, "On the Extent of Job-to-Job Transitions" |
| February 28 |
Aleh Tsyvinski, Harvard,
"Markets Versus Governments: Political Economy of Mechanisms" (with Daron
Acemoglu and Michael Golosov) |
| March 21 |
Ricardo Caballero, MIT, "An
Equilibrium Model of Global Imbalances and Low Interest Rates" |
| March 28 |
Claudia Olivetti, Boston University
and Radcliffe Institute, "Home Production, Market
Production, and the Gender Wage Gap: Incentives and Expectations" (with Stefania
Albanesi) |
| April 4 |
Diego Comin, New York University, "A Theory of Growth and Volatility at the Firm and
Aggregate Level" (with Sunil Mulani) |
| April 11 |
Robert King, Boston University, "Aggregate Dynamics of Inflation and Real Activity with
Firm-level Productivity Shocks" |
| April 18 |
Matthias Doepke, UCLA, "Patience Capital, Occupational Choice, and the Spirit
of Capitalism" (with Fabrizio Zilibotti) |
| April 25 |
Adriano Rampini, Northwestern
University, "New or Used? Investment with
Credit Constraints" |
| September 12 |
Kenneth Burdett, UPENN, "Wage-Tenure Contracts with Heterogeneous Firms"
(with Melvyn Coles) |
| September 19 |
Michael Woodford, Columbia, "Robustly Optimal Monetary Policy with Near-Rational
Expectations" |
| September 26 |
Mark Gertler, NYU, "Unemployment Fluctuations with Staggered Nash Wage
Bargaining" (with Antonella Trigari) |
| October 10 |
Nick Bloom, LSE and Stanford, "The Impact of Uncertainty Shocks: Firm Level
Estimation and a 9/11 Simulation" |
| October 17 |
Jordi Gali, U Pompeu Fabra, "A New Keynesian Model with Unemployment" (with
O. Blanchard) |
| October 24 |
Daron Acemoglu, MIT, visiting Yale, "Political Economy and the Structure of
Taxation" (with Mike Golosov and Aleh Tsyvinski) |
| November 7 |
Thomas Philippon, NYU Stern, "The y-Theory of Investment" |
| November 14 |
Fatih Guvenen, University of Texas
Austin, "Ben-Porath Meets Skill-Biased Technical
Change: A Theoretical Analysis of Rising Inequality" (with Burhanettin
Kuruscu) |
| November 28 |
Iourii Manovskii, UPENN, "Occupational Mobility and Wage Inequality"
(with Gueorgui Kambourov) |
| December 5 |
Shouyong Shi, University of Toronto,
"Directed Search for Equilibrium Wage-Tenure
Contracts" |
| 2005 |
|
| February 15 |
Martin Weitzman, Harvard University,
"A Unified Bayesian Theory of Equity 'Puzzles'" |
| February 22 |
Cédric Tille, Federal Reserve Bank
of New York, "Financial Integration and the Wealth
Effect of Exchange Rate Fluctuations" |
| March 1 |
Luigi Guiso, visiting University of
Chicago, "Cultural Biases in Economic Exchange"
(with Paola Sapienza, and Luigi Zingales) |
| March 22 |
Harald Uhlig, Humboldt University, "Macroeconomics and Asset Markets: some Mutual
Implications" |
| March 29 |
Graciela Kaminksy, George Washington
University, "When It Rains, It Pours:
Procyclical Capital Flows and Macroeconomic Policies" (with Carmen M. Reinhart
and Carlos A. Vegh) |
| April 5 |
Helene Rey, Princeton University, "International Financial Adjustment" (with
Pierre-Olivier Gourinchas) |
| April 12 |
Martin Schneider, NYU, "Real Effects of Inflation through the
Redistribution of Nominal Wealth" (with Matthias Doepke) |
| April 19 |
Robert J. Shiller, Yale University, "The Life-Cycle Personal Accounts Proposal for Social
Security: An Evaluation" |
| April 26 |
Enrique Mendoza, University of
Maryland, "Sudden Stops in a Business Cycle Model
with Credit Constraints: A Fisherian Deflation of Tobin's Q" |
| May 3 |
Jonathan Parker, Princeton
University, "Optimal Expectations" (with
Markus K. Brunnermeier) |
| September 6 |
George Hall, Yale University,
"The Response of Prices, Sales, and Output to Temporary Changes in Demand" (with
Adam Copeland) |
| September 13 |
Stephen Williamson, University of
Iowa, "Monetary Policy and Distribution" |
| September 20 |
John Kennan, University of
Wisconsin, "Private Information, Wage Bargaining
and Employment Fluctuations" |
| September 27 |
Gadi Barlevy, Chicago Fed, "Identification of Search Models Using Record
Statistics" |
| October 4 |
Lawrence Christiano, Northwestern
University, "Assessing VARs" (with
Martin Eichenbaum and Robert Vigfusson) |
| October 11 |
William Fuchs, Stanford University, "Contracting with Repeated Moral Hazard and Private
Evaluations" |
| October 18 |
Kjetil Storesletten, University of
Oslo, "The Macroeconomic Implications of
Rising Wage Inequality in the United States" (with Jonathan Heathcote and
Giovanni L. Violante) |
| October 25 |
Giuseppe Moscarini and Bjoern
Bruegemann, Yale University, "Asymmetric
Information and Employment Fluctuations" |
| November 1 |
Stefania Albanesi, Columbia
University, "Optimal Taxation of Risky Capital
with Private Information" |
| November 8 |
Matteo Iacoviello, Boston College, "Household Debt and Income Inequality,
1963-2003" |
| November 15 |
Noah Williams, Princeton University,
"Monetary Policy with Model Uncertainty:
Distribution Forecast Targeting" |
| November 29 |
Ricardo Lagos, NYU, "Asset Prices and Liquidity in an Exchange
Economy" |
| December 6 |
Mariacristina De Nardi, University
of Minnesota and Federal Reserve Bank of Minneapolis, "Taxation,
Entrepreneurship, and Wealth" (with Marco Cagetti) |
| 2004 |
|
| February 24 |
Fabio Ghironi, Boston College &
European University Institute, "International
Trade and Macroeconomic Dynamics with Heterogeneous Firms" (with Marc Melitz) |
| March 2 |
Andrew Postlewaite, University of
Pennsylvania, visiting Cowles, "Do Children
Learn to Save from Their Parents?" (with John Knowles) |
| March 23 |
Paul Bergin, UC Davis, "Endogenous Tradability and Macroeconomic
Implications" |
| March 30 |
Christian Hellwig, UCLA, "The Social Cost of Heterogeneous Information" |
| April 6 |
Robert Shimer, University of
Chicago, "The Cyclical Behavior of Equilibrium
Unemployment and Vacancies: Evidence and Theory" |
| April 13 |
Guido Lorenzoni, Princeton
University, "Imperfect Information, Consumers' Expectations and Business Cycles" |
| April 20 |
Amartya Lahiri, NY Fed, "Segmented Asset Markets and Optimal Exchange Rate
Regimes" (with Rajesh Singh and Carlos Vegh) |
| September 7 |
Ricardo Reis, Princeton University, "Inattentive Consumers" |
| September 14 |
Fatih Guvenen, University of
Rochester, "Learning Your Earning: Are Labor
Income Shocks Really Very Persistent?" |
| September 21 |
Mike Golosov, MIT, "Menu Costs and Phillips Curves" (with
Robert Lucas) |
| September 28 |
Mark Bils, University of Rochester, "Measuring Growth from Better and Better Goods" |
| October 5 |
Jesus Fernandez-Villaverde, UPENN, "A,B,C's (And D)'s for understanding
VARs" (with Juan Rubio, Atlanta Fed, and Tom Sargent) |
| October 19 |
Allan Drazen, University of
Maryland, "Political Budget Cycles in New versus
Established Democracies" (with Adi Brender) and "Political Budget Cycles Without Deficits: How
to Play Favorites" (with Marcela Eslava) |
| October 26 |
Chris House, University of Michigan,
"Temporary Investment Tax Incentives: Theory
with Evidence from Bonus Depreciation" (with Matthew Shapiro) |
| November 9 |
Richard Rogerson, Arizona State
University, "Structural Transformation and the
Deterioration of European Labor Market Outcomes" |
| November 16 |
Frank Schorfheide, UPENN, "On the Fit and Forecasting Performance of
New-Keynesian Models" (with Marco Del Negro, Frank Smets and Raf Wouters) |
| November 30 |
Xavier Gabaix, MIT, "Power Laws and the Mega-Idiosyncratic Origins of Aggregate
Fluctuations" |
| December 2 |
Huw Lloyd-Ellis, Queen's University,
"Schumpeterian Restructuring" (with
Patrick Francois) Joint with Macro Lunch |
| December 7 |
Gian Luca Violante, NYU, "Optimal Welfare-to-Work Programs" |
2003 |
|
| February 25 |
John Leahy, NYU, "Wealth Accumulation and the Propensity to Plan" |
| March 4 |
Joseph Zeira, Hebrew Univ., visiting
Kennedy School). "Innovations, Patent Races and
Endogenous Growth" |
| March 25 |
Orazio Attanasio, UCL, "Empirical Implications of Limited
Commitment: Evidence from Mexican Villages" (with Pedro Albarran) |
| April 1 |
Francesco Caselli, Harvard, "Dynastic Management" (with Nicola
Gennaioli) |
| April 8 |
Hyun Song Shin, LSE, "Beauty Contests, Bubbles and Iterated Expectations in
Asset Markets" (with Franklin Allen and Stephen Morris) Joint
with Micro Theory Workshop |
| April 15 |
Andres Velasco, Kennedy School, "Tough Policies, Incredible Policies" |
| April 22 |
Jeff Frankel, Kennedy School, "A Proposed Monetary Regime for Small
Commodity-Exporters: Peg the Export Price ("PEP")" |
| April 24 |
Maurice Obstfeld, UC Berkeley, "The Case for Open-Market Purchases in a Liquidity
Trap" (with Alan J. Auerbach) |
| May 2 |
Ayse Imrohoroglu, University of
Southern California, "Entry Costs,
Intermediation, and Capital Flows" (with Krishna Kumar) |
| May 6 |
Scott Schuh, Boston Fed, "Inventory Investment and Output Volatility"
(with Owen Irvine) |
| September 9 |
Eduardo Engel, Yale University, "Adjustment is Much Slower than You Think" |
| September 16 |
Roberto Rigobon, MIT Sloan, "Asset Prices and Exchange Rates" (with Anna
Pavlova) |
| September 23 |
Giuseppe Moscarini, Yale University,
"Competence Implies Credibility" |
| September 30 |
Randy Wright, University of
Pennsylvania, "Search, Money and Capital: A
Neoclassical Dichotomy" (with S. Boragan Aruoba) |
| October 7 |
Dirk Krueger, University of
Pennsylvania, "Does Income Inequality Lead to
Consumption Inequality? Evidence and Theory" |
| October 14 |
Monika Piazzesi, UCLA, "Housing, Consumption and Asset Pricing" |
| October 21 |
Chad Syverson, University of
Chicago, "Reallocation, Firm Turnover, and
Efficiency: Selection on Productivity or Profitability?" |
| October 28 |
Andrew Abel, Wharton School at
UPENN, "Investment, Valuation, and Growth
Options" (with Janice Eberly, Northwestern) |
| November 4 |
Urban Jermann, Wharton School at
UPENN, "Using Asset Prices to Measure the
Persistence of the Marginal Utility of Wealth" (with Fernando Alvarez) |
| November 11 |
Julio Rotemberg, Harvard Business
School, The Benevolence of the Baker: Fair
Pricing under the Threat of Customer Anger |
| November 18 |
Ivan Werning, MIT, Optimal Commitment |
| December 2 |
Fernando Alvarez, University of
Chicago, On the Sluggish Response of Prices to Money in
an Inventory-Theoretic Model of Money Demand (with Andrew Atkeson and Chris Edmond) |
| December 9 |
George Hall, Yale University,
"Price Discrimination in the Steel Market" (with Hiu Man Chan and John Rust) |
2002 |
|
| February 19 |
Anil Kashyap, University of Chicago
GSB, Why Don't Prices Rise During Periods of Peak
Demand? Evidence from Scanner Data |
| February 26 |
Peter Klenow, Federal Reserve Bank
if Minneapolis, The Variety and Quality of a Nation's
Trade (with David Hummels) |
| March 26 |
Christian Gollier, University of
Toulouse, Time Horizon and the Discount Rate AND Transitory Shocks to GNP and the Consumption-Based Term
Structure of Interest Rates |
| April 1 |
Owen Lamont, University of Chicago,
GSB, Evaluating Value Weighting: Corporate Events and
Market Timing |
| April 9 |
Olivier Jeanne, IMF, External
Debt Crises and the International Financial Architecture |
| September 10 |
Pierre-Olivier Gourinchas, Princeton
University, "On the
Benefits of Capital Account Liberalization for Emerging Economies" |
| September 13 |
Sydney Ludvigson, NYU, "Expected Returns and Expected Dividend Growth"
Joint with Finance Workshop |
| September 17 |
Sergio Rebelo, Northwestern
University, "When is it Optimal to Abandon a Fixed
Exchange Rate?" (with Carlos Vegh) |
| September 24 |
Oded Galor, Brown University, "Natural Selection and the Origin of Economic
Growth" |
| October 1 |
Olivier Jeanne, IMF,
"Short-term Capital Flows and the International Financial Architecture" |
| October 8 |
Lee Ohanian, UCLA,"New Deal Policies and the Persistence of the Great
Depression" Joint with Economic History Workshop |
| October 15 |
Tom Krebs, Brown, "Recursive Equilibrium in Endogenous Growth Models with
Incomplete Markets" |
| October 22 |
Aubhik Khan, Philadelphia Fed, "Inventories and the Business Cycle: An
Equilibrium Analysis of (S,s) Policies" |
| October 29 |
Giuseppe Moscarini, Yale University,"Aggregate Worker Reallocation and Occupational
Mobility in the US: 1971-2000" (with Francis Vella, European University
Institute). Joint with Labor and Population Workshop |
| November 5 |
Christopher Otrok, Virginia, "A Generalized Volatility Bound for Dynamic Economies" |
| November 15 |
Robert Hall, Stanford, "Dynamics of Corporate Earnings" Joint
with Cowles Seminar |
| November 19 |
Laurent Calvet, Harvard, "Idiosyncratic Production Risk, Growth, and the Business
Cycle" |
| December 3 |
Carlos Vegh, UCLA, "On the Non-Monotonic Relation between Interest Rates and the
Exchange Rate" (with Amartya Lahiri) |
2001 |
|
| February 27 |
Per Krusell, Rochester,
"Temptation and Taxation" (with Burhanettin Kuruscu and Anthony Smith) |
| March 30 |
Edward Prescott, Minnesota,
"Taxes, Regulations, and Asset Prices" (with Ellen McGrattan) Joint
with Cowles Seminar |
| April 3 |
V.V. Chari, Minnesota,
"Financial Crises as Herds" (with Patrick Kehoe) |
| April 10 |
N. Gregory Mankiv, Harvard,
"The Inexorable and Mysterious Tradeoff Between Inflation and Unemployment" |
| April 17 |
In-Koo Cho, Illinois, "Escape
Dynamics" (with Lars Hansen, Chicago and Thomas Sargent, Stanford) |
| April 18 |
Lars Peter Hansen, University of
Chicago, "Robustness and Pricing with Uncertain Growth" Joint with Cowles Seminar and Microeconomic Theory Workshop |
| September 18 |
Andres Velasco, Harvard JFK School
of Government, "Third Generation Models of Financial Crises" |
| September 25 |
David Laibson, Harvard University,
"The 6D Bias and the Equity Premium Puzzle" |
| October 2 |
Nicholas Souleles, University of
Pennsylvania, Wharton School, "Consumer Credit" |
| October 9 |
Ricardo Lagos, New York University,
"A Model of TFP" |
| October 16 |
Mark Huggett, Georgetown University,
"Precautionary Wealth Accumulation" |
| October 23 |
Guido Lorenzoni, Princeton,
"The Real Bills vs. Monetary Control" |
| October 30 |
Victor Rios-Rull, University of
Pennsylvania, "A Quantitative Theory of Unsecured Consumer Credit with Risk of
Default" |
| November 13 |
Mark Bils, University of Rochester,
"Some Evidence on the Importance of Sticky Prices" (with Pete Klenow) |
| November 27 |
Ennio Stacchetti, University of
Michigan, "Sequential Equilibrium in a Ramsey
Tax Model" (with Chris Phelan) |
| December 4 |
Luca Dedola, Bank of Italy,
"Macroeconomics of International Price Discrimination" (with Giancarlo Corsetti) |
2000 |
|
| February 8 |
Helene Rey, LSE/Berkeley, "Financial Super-Markets: Size Matters for Asset Trade" |
| February 22 |
David Laibson, Harvard, "A Debt
Puzzle" |
| February 29 |
Richard Clarida, Columbia
University, The Empirics of Monetary Policy Rules in Open Economies |
| March 21 |
N. Kiyotaki, LSE, "Credit
Chains" (with John Moore) |
| April 4 |
Roland Benabou, Princeton
University, "Self-Confidence: Intrapersonal
Strategies" (with Jean Tirole) Joint with Microeconomic Theory Workshop AND "Self-Confidenceand Social Interactions" |
| April 11 |
Marco Bassetto, Northwestern
University, "Game-Theoretic Foundations of the
Fiscal Theory of the Price Level" |
| April 18 |
Eduardo Engel, Chile, "Lumpy
Adjustment and Aggregate Dynamics" |
| April 25 |
Matthew Shapiro, Michigan, "Displaced Capital: A Study of Aerospace Plant
Closings" (with Valerie E. Ramey) |
| May 2 |
Fernando Alvarez, University of
Chicago, "Using Asset Prices to Measure the Cost
of Business Cycles" (with Urban Jermann) Figures & Tables |
| September 15 |
Steven Davis, University of Chicago,
"On the Gains to International Trade in Risky Financial Assets" (with Jeremy
Nalewaik and Paul Willen) |
| September 19 |
Pat Kehoe, University of
Pennsylvania and Minneapolis FED, "The Transition to a New Economy" (with Andrew
Atkeson) |
| September 26 |
Luis Viceira, Harvard University,
"A Multivariate Model of Strategic Asset
Allocation" (with John Y. Campbell and Y. Lewis Chan) Appendix |
| October 3 |
Giuseppe Moscarini, Yale University,
"Gross and Net Worker Reallocation: Evidence from the NLSY79" (with Francis
Vella) |
| October 10 |
Narayana Kocherlakota, University of
Minnesota, "Societal Benefits of Nominal Bonds" |
| November 1 |
Akihiko Matsui, Tokyo and Georgetown
University, "A Theory of Money with Market Places"' (with Takashi Shimizu) Joint
with Microeconomic Theory |
| November 10 |
Steven Durlauf, University of
Wisconsin at Madison, "Growth Economics and Reality" (with William Brock,
University of Wisconsin) |
| November 14 |
Thomas Cooley, New York University,
"Limited Enforceability, Heterogeneity and the Macroeconomy" |
1999 |
|
| September 14 |
Robert J. Shiller and Stefano
Athanasoulis, Yale University, "World Income
Components: Some New Results" |
| September 21 |
William Dupor, Wharton School,
University of Pennsylvania, "Keynesian Conundrum:
Multiplicity and Time Consistent Stabilization" |
| October 12 |
Skander van den Heuvel, Yale
University, "The Bank Capital Channel of Monetary Policy" |
| October 19 |
Stephen Zeldes, Columbia GSB,
"Do the Rich Save More?" (with Karen Dynan and Jonathan Skinner) |
| October 26 |
Andrew Atkeson, University of
Minnesota, "Volatile Exchange Rates and the
Forward Premium Anomaly: A Segmented Asset Market View" |
| November 2 |
Carlos Vegh, UCLA, "Delaying
the Inevitable: Optimal Interest Rate Policy and BOP Crises" (with Amartya Lahiri) |
| November 9 |
Charles Engel, University of
Washington and John H. Rogers, Board of Governors, "Deviations from the Law of One Price: Sources and Welfare
Costs" |
| November 30 |
Jonathan Parker, Princeton
University, "The Consumption Function Revisited" |
| December 7 |
Francesco Giavazzi, Bocconi
University, "The Transmission Mechanism of
Monetary Policy in Europe: Evidence from Banks' Balance Sheets" (with Carlo A.
Favero and Luca Flabbi) |