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Advances in Macro Finance

Organized by: Jim Albertus, Laurence Ales, and Finn Kydland


Conference Schedule

 Friday, September 22, 2017
 Noon to 1 p.m.  LUNCH - ROOM 324

 1 to 3 p.m.  SESSION 1 - ROOM 322
  • Misallocation or Risk-Adjusted Capital Allocation
         Joel David
         David Zeke (USC)
         Lukas Schmid (Duke)
    Discussant: Ellen McGrattan (U of Minnesota)
  • Cascades and Fluctuations in an Economy with an Endogenous Production Network
         Mathieu Taschereau-Dumouchel (Cornell)
    Discussant: Gill Segal (UNC)

 3 to 3:30 p.m.

 3:30 to 5:30 p.m.
  • Equilibrium Corporate Finance and Intermediation
         Alberto Bisin (NYU)
         Gian Luca Clementi (NYU)

         Piero Gottardi (EUI)
    Discussant:  Edward S. Prescott (FRB of Cleveland)
  • The Maturity Structure of Inside Money
         Burton Hollifield (CMU)
         Ariel Zetlin-Jones (CMU)
    Discussant:  Yasser Boualam (UNC)

 5:45 p.m.
 SHUTTLE TO hotel - Molley's Trolley to Hyatt House
 6:45 p.m.
 SHUTTLE FROM hotel to restaurant - Molley's Trolley from Hyatt House to Carnegie Museum

 7 to 10 p.m.
 DINNER: The Founder's Room at the Carnegie Museum

 10 p.m.
 SHUTTLE FROM restaurant to hotel - Molley's Trolley from Carnegie Museum to Hyatt House

 Saturday, September 23, 2017
 9:15 a.m.
 SHUTTLE to Tepper

 9:30 to 10 a.m.

 10 a.m. to Noon

  SESSION 3 - ROOM 322

  • “Permanent Income” Inequality
    Brant Abbott (Queens)
         Giovanni Gallipoli (UBC)
    Discussant:  Kartik Athreya (FRB of Richmond)
  • Technological Innovation and the Distribution of Labor Income Growth
        Leonid Kogan (MIT)
        Dimitris Papanikolaou (NWU)
        Lawrence Schmidt (U of Chicago)
        Jae Song (Social Security Administration)
    Discussant:  Serdar Ozkan (U of Toronto)

  Noon to 1 p.m.

 1 to 3 p.m.

  SESSION 4 - ROOM 322

  • The Economics of the Fed Put
         Anna Cieslak (Duke)

         Annette Vissing-Jorgensen (Berkeley)
    Discussant:  Ian Dew-Becker (NWU)
  • The Loan Covenant Channel: How Bank Health Transmits to the Real Economy
         Antonio Falato (Board of Governors)
         Gabriel Chodorow-Reich (Harvard)
    Discussant:  Arpit Gupta (NYU)

 3 p.m.