NBER  Summer Institute 2011 Week 1 Master Agenda

 

Monday, July 11:

 

8:30 am

IFM

Frederic Boissay, European Central Bank

  

 

Financial Imbalances and Financial Fragility

 

9:00 am

DAE

Howard Bodenhorn, Clemson University and NBER
Voting Rights, Share Concentration and Risk-Taking at Nineteenth-Century US Banks

 

EFCE

Susanto Basu, Boston College and NBER

 

Brent Bundick, Boston College

 

Uncertainty Shocks in a Model of Effective Demand

 

CF

Yael Hochberg, Northwestern University and NBER
Joshua Rauh, Northwestern University and NBER
Local Overweighting and Underperformance: Evidence from Limited Partner Private Equity Investments

 

9:45 am

IFM

Oscar Jorda, University of California at Davis

 

Moritz Schularick, Free University of Berlin

 

Alan Taylor, Morgan Stanley and NBER

 

Financial Crises, Credit Booms and External Imbalances: 140 Years of Lessons

 

10:15 am

DAE

Matthew S. Jaremski, Vanderbilt University
Buckling the Manufacturing Belt: Increased Financial Regulations and U.S. Industrialization, 1850-1900

 

EFCE

Kaiji Chen, Emory University

 

Tao Zha, Federal Reserve Bank of Atlanta and NBER

 

Identifying Sources of the Cyclicality of Capital Productivity Dispersions Through Financial Frictions

 

10:20 am

CF

Mike Burkart, Stockholm School of Economics
Denis Gromb, INSEAD
Holger Mueller, New York University and NBER 
Fausto Panunzi, Universita Bocconi
Legal Investor Protection and Takeovers

 

11:00 am

IFM

Ethan Ilzetzki, London School of Economics

 

Enrique Mendoza, University of Maryland and NBER

 

Carlos Vegh, University of Maryland

 

How Big (Small?) are Fiscal Mutlipliers?

 

11:10 am

CF

Ulrike Malmendier, University of California at Berkeley and NBER
Marcus Opp, University of California at Berkeley
Farzad Saidi, New York University
Cash is King - Revaluation and the Medium of Exchange in Merger Bids

 

11:15 am

DAE

Christopher M. Meissner, University of California at Davis and NBER
Market 'Size' and Productivity in the Nineteenth Century

 

11:30 am

EFCE

Klaus Adam, Mannheim University

 

Michael Woodford, Columbia University and NBER

 

Robustly Optimal Monetary Policy in a Microfounded Model

 

1:00 pm

ME

Emi Nakamura, Columbia University and NBER

 

Jón Steinsson, Columbia University and NBER

 

Fiscal Stimulus in a Monetary Union: Evidence from U.S. Regions

 

CF

Carola Frydman, Massachusetts Institute of Technology and NBER
Eric Hilt, Wellesley College and NBER
Predators or Watchdogs? Bankers on Boards in the Era of Finance Capitalism

 

1:15 pm

DAE

Ran Abramitzky, Stanford University
Leah Boustan, University of California at Los Angeles and NBER
Katherine Eriksson, University of California at Los Angeles
A Nation of Immigrants: Assimilation and Economic Outcomes in the Age of Mass Migration

 

1:50 pm

CF

Konrad Burchardi, London School of Economics
Tarek Hassan, University of Chicago and NBER
The Economic Impact of Social Ties: Evidence from German Reunification

 

1:55 pm

ME

Price Fishback, University of Arizona and NBER
Valentina Kachanovskaya, University of Arizona

 

In Search of the Multiplier for Federal Spending in the States during the New Deal

 

2:30 pm

DAE

Hoyt Bleakley, University of Chicago and NBER
Joseph P. Ferrie, Northwestern University and NBER
Shocking Behavior: Land Lotteries in 1832 Georgia and 1901 Oklahoma and Later Life Outcomes

 

3:00 pm

CF

Wilson Ervin, Credit Suisse
Bank Resolution and Too Big To Fail: Is Bail-In the Best Answer?

 

 

David Scharfstein, Harvard University and NBER
Adi Sunderam, Harvard University
The Economics of Housing Reform: Privatizing, Regulating, and Backstopping Mortgage Markets

Gary Gorton, Yale University and NBER
Andrew Metrick, Yale University and NBER
Regulating the Shadow Banking System

 

3:05 pm

ME

Olivier Coibion, College of William and Mary and NBER
Yuriy Gorodnichenko, University of California at Berkeley and NBER

 

Information Rigidity and the Expectations Formation Process: A Simple Framework and New Facts

 


3:30 pm


DAE


Elizabeth U. Cascio, Dartmouth College and NBER
Nora E. Gordon, Georgetown University and NBER
Sarah J. Reber, University of California at Los Angeles and NBER
Federal Aid and Equality of Educational Opportunity:  Evidence from the Introduction of Title I in the South

 

Tuesday, July 12:

 

8:30 am

IFM

Alberto Martin, CREI

 

Filippo Taddei, Collegio Carlo Alberto

 

International Capital Flows and Credit Market Imperfections: A tale of two frictions

 

EFWW

Allan Timmermann, University of California at San Diego
Peter Hansen, Stanford University
Choice of Sample Split in Out-of-Sample Forecast Evaluation

 

CF

Harrison Hong, Princeton University and NBER
Jeffrey Kubik, Syracuse University
Jose A. Scheinkman, Princeton University and NBER
Financial Constraints on Corporate Goodness

 

9:00 am

DAE

Nathan Nunn, Harvard University and NBER
On the Origin of Gender Roles:  Women and the Plow

 

EFCE

Cosmin Ilut, Duke University

 

Martin Schneider, Stanford University and NBER

 

Ambiguous Business Cycles

 

9:20 am

CF

Gregor Matvos, University of Chicago and NBER
Amit Seru, University of Chicago and NBER
Resource Allocation Within Firms and Financial Market Dislocation: Evidence from Diversified Conglomerates

 

9:45 am

DAE

Stelios Michalopoulos, Tufts University
Elias Papaioannou, Dartmouth College
The Long-Run Effects of the Scramble for Africa

 

IFM

Nicolas Coeurdacier, Sciences Po University

 

Stephane Guibaud, London School of Economics

 

Keyu Jin, London School of Economics

 

Credit Constraints and Growth in a Global Economy

 

EFWW

Barbara Rossi, Duke University
Atsushi Inoue, North Carolina State University
Out-of-Sample Forecast Tests Robust to the Window Size Choice

 

10:15 am

EFCE

Alp Simsek, Harvard University and NBER

 

Belief Disagreements and Collateral Constraints

 

10:30 am

CF/Risk

Adriano Rampini, Duke University
Amir Sufi, University of Chicago and NBER
S. Viswanathan, Duke University
Dynamic Risk Management

 

10:45 am

DAE

Christian Dippel, University of Toronto
Forced Coexistence and Economic Development: Evidence from American Indian Reservations

 

11:00 am

IFM

Philippe Bacchetta, University of Lausanne

 

Kenza Benhima, University of Lausanne

 

The Demand for Liquid Assets, Corporate Savings and Global Imbalances

 

EFWW

Anisha Ghosh and Christian Julliard, London School of Economics
Alex P. Taylor, Manchester Business School
What is the Consumption-CAPM missing? An Information-Theoretic Framework for the Analysis of Asset Pricing Models

 

11:20 am

CF/Risk

Patrick Bolton, Columbia University and NBER
Martin Oehmke, Columbia University
Should Derivatives be Senior?

 

11:30 am

DAE

Ruben Durante,  Sciences Po
Risk, Cooperation, and the Economic Origins of Social Trust

 

EFCE

Fabrizio Perri, University of Minnesota and NBER

 

Vincenzo Quadrini, University of Southern California

 

International Recessions

 

1:00 pm

ME

Ruediger Bachmann, University of Michigan and NBER
Eric Sims, University of Notre Dame and NBER

 

Confidence and the Transmission of Government Spending Shocks

 

IFM/ITM

Linda Goldberg, Federal Reserve Bank of New York and NBER

 

Cédric Tille, Geneva Graduate Institute for International and

 

Development Studies

 

Micro, Macro, and Strategic Forces in International Invoicing

 

1:10 pm

CF/Risk

Atif R. Mian, University of California at Berkeley and NBER
Joao Santos, Federal Reserve Bank of New York
Liquidity Risk And Maturity Management Over The Credit Cycle

 

1:15 pm

DAE

Michael D. Bordo, Rutgers University and NBER
Hugh Rockoff, Rutgers University and NBER
Angela Redish, University of British Columbia
Why Didn't Canada have a Banking Crisis in 2008 (or in 1930, or 1907, or 1893)?

 

1:55 pm

ME

N. Gregory Mankiw, Harvard University and NBER
Matthew Weinzierl, Harvard University and NBER

 

An Exploration of Optimal Stabilization Policy

 

2:00 pm

IFM/ITM

Fernando Leibovici, New York University

 

Michael E. Waugh, New York University

 

On Cyclical Fluctuations in International Trade Volumes

 

CF/Risk

Markus K. Brunnermeier, Princeton University and NBER
Darius Palia, Rutgers University
Gang Dong, Rutgers University
Bank's Non-Interest Income and Systemic Risk

 

2:30 pm

DAE

David S. Jacks, Simon Fraser University and NBER
Defying Gravity: The 1932 Imperial Economic Conference and the Reorientation of Canadian Trade

 

3:05 pm

ME

Atif Mian, University of California at Berkeley and NBER
Joao Santos, Federal Reserve Bank of New York

 

Liquidity Risk and Maturity Management over the Credit Cycle

 

3:10 pm

CF/Risk

Oliver D. Hart, Harvard University and NBER
Luigi Zingales, University of Chicago and NBER
Inefficient Provision of Inside Money by Banks

 

3:30 pm

DAE

Mark Carlson, Federal Reserve Board
Jonathan Rose, Federal Reserve Board
Credit Availability and the Collapse of the Banking Sector in the 1930s

 

IFM/ITM

Alejandro Artopoulos, Universidad de San Andrés

 

Daniel Friel, Universidad de San Andrés

 

Juan Carlos Hallak, Universidad de San Andrés and NBER

 

Lifting the Domestic Veil: The Challenges of Exporting Differentiated Goods across the Development Divide

 

4:30 pm

IFM/ITM

Julian Di Giovanni, International Monetary Fund

 

Andrei Levchenko, University of Michigan and NBER

 

Isabelle Méjean, Ecole Polytechnique

 

Firms, Destinations, and Aggregate Fluctuations

 

Wednesday, July 13:

 

8:30 am

IFM

Juan Carlos Hatchondo, Federal Reserve Bank of Richmond

 

Leonardo Martinez, Federal Reserve Bank of Richmond

 

Cesar Sosa Padilla, University of Maryland

 

Debt Dilution and Sovereign Default Risk

 

EFWW

Jonathan H. Wright, Johns Hopkins University and NBER
What does Monetary Policy do at the Zero Lower Bound?

 

Risk

Marcin Kacperczyk, New York University and NBER

 

Philipp Schnabl, New York University

 

Implicit Guarantees and Risk Taking

 

9:00 am

DAE

John Wallis, University of Maryland and NBER
Fiscal Crises and Fiscal Institutions

 

EFCE

Xavier Gabaix, New York University and NBER

 

A Sparsity-Based Model of Bounded Rationality

 

9:20 am

Risk

George Pennacchi, University of Illinois

 

A Structural Model of Contingent Bank Capital

 

9:45 am

DAE

Therese McGuire, Northwestern University
Nathan B. Anderson, University of Illinois at Chicago
Differences in State Fiscal Outcomes During Economic Recessions

 

IFM

Peter Benczur, National Bank of Hungary

 

Cosmin Ilut, Duke University

 

Evidence for Dynamic Contracts in Sovereign Bank Lending

 

EFWW

Carlos Carvalho, Federal Reserve Bank of New York
Fernanda Nechio, Federal Reserve Bank of San Francisco
Are People Aware of the Taylor Rule?

 

10:15 am

EFCE

Veronica Guerrieri, University of Chicago and NBER

 

Guido Lorenzoni, Massachusetts Institute of Technology and NBER

 

Credit Crises, Precautionary Savings and the Liquidity Trap

 

10:30 am

Risk

Francis X. Diebold, University of Pennsylvania and NBER

 

Kamil Yilmaz, Koç University

 

Network Topology of Variance Decompositions: Measuring the Connectedness of Financial Firms

 

10:45 am

DAE

Andy Haughwout, Federal Reserve Bank of New York
State Fiscal Stress: A Balance Sheet View

 

11:00 am

IFM

Luis Catao, International Monetary Fund

 

Ana Fostel, George Washington University

 

Romain Ranciere, International Monetary Fund

 

Sudden Stops and Sovereign Defaults

 

EFWW

Prakash Loungani, International Monetary Fund
Joao Tovar Jalles, University of Cambridge
Cross-country Evidence on the Quality of Fiscal Forecasts

 

11:20 am

Risk

Enrico Perotti, University of Amsterdam

 

Javier Suarez, CEMFI

 

A Pigovian Approach to Liquidity Regulation

 

11:30 am

DAE

Leslie McGranahan, Federal Reserve Bank of Chicago
State Revenues and the Business Cycle

 

EFCE

Fernando Alvarez, University of Chicago and NBER

 

Martin Beraja, University of Chicago

 

Pablo Andrés Neumeyer, Universidad Torcuato Di Tella

 

Martin Gonzalez Rozada, Universidad Torcuato Di Tella

 

From Hyperinflation to Stable Prices: Argentina's Evidence on Menu Cost Models

 

1:15 pm

DAE

Richard H. Steckel, Ohio State University and NBER
The Interregional Slave Trade Revisited: A View from the Coastwise Manifests

 

1:20 pm

Risk

Andrew Ang, Columbia University and NBER

 

Francis A. Longstaff, University of California at Los Angeles and NBER

 

Systemic Sovereign Credit Risk: Lessons from the U.S. and Europe

 

2:10 pm

Risk

Nicola Gennaioli, Universitat Pompeu Fabra

 

Andrei Shleifer, Harvard University and NBER

 

Robert W. Vishny, University of Chicago and NBER

 

A Model of Shadow Banking

 

2:30 pm

DAE

Alan Barreca, Tulane University
Price V. Fishback, University of Arizona and NBER
Shawn E. Kantor, University of California at Merced and NBER
The AAA, Malaria, and Migration

 

3:00 pm

ME

Gauti Eggertsson, Federal Reserve Bank of New York

 

Paul Krugman, Princeton University and NBER

 

Debt, Deleveraging, and the Liquidity Trap: A Fisher-Minsky-Koo Approach

 

Thursday, July 14:

 

8:30 am

IFM

Tobais Adrian, Federal Reserve Bank of New York

 

Erkko Etula, Harvard University

 

Hyun Song Shin, Princeton University and NBER

 

Risk Appetite and Exchange Rates

 

EFWW

Refet Gurkaynak, Bilkent University
Rochelle Edge, Federal Reserve Board
How Useful Are Estimated DSGE Model Forecasts For Central Bankers?

 

AP

Maxim Ulrich, Columbia University

 

How does the Bond Market Perceive Government Interventions

 

9:00 am

DAE

Farley Grubb, University of Delaware and NBER
The Continental Dollar: Initial Design, Ideal Performance, and the Credibility of Congressional Commitment

 

EFCE

Gadi Barlevy, Federal Reserve Bank of Chicago

 

On the Implications of Risk Shifting of Bubbles

 

EFHJ

Bob Hall, Stanford University and NBER
Equilibrium Inflation under the Zero Lower Bound: Reconciling DMP and ZLB Theories of Unemployment

 

9:30 am

AP

David Backus, New York University and NBER

 

Mikhail Chernov, London School of Economics

 

Stanley Zin, New York University and NBER

 

Sources of Entropy in Representative Agent Models

 

9:45 am

IFM

Rebecca Hellerstein, Federal Reserve Bank of New York

 

William Ryan, Federal Reserve Bank of New York

 

Cash Dollars Abroad

 

EFWW

Garland Durham, University of Colorado
John Geweke, University of Technology Sydney
Improving Asset Price Prediction when All Models are False

 

10:00 am

EFHJ

Eric Anderson, Northwestern University
Nir Jaimovich, Duke University and NBER
Duncan Simester, Massachusetts Institute of Technology

Menu Costs and Price Rigidities: Micro Evidence

 

10:15 am

DAE

Ahmed Rahman, US Naval Academy
Darrell J. Glaser, United States Naval Academy
Naval Engineering and the Origins of Technology-Skill Complementarity

 

EFCE

Jordi Gali, CREI and NBER

 

Monetary Policy and Rational Asset Pricing Bubbles

 

11:00 am

IFM

Tarek Hassan, University of Chicago and NBER

 

Country Size, Currency Unions, and International Asset Returns

 

EFWW

Monica Billio, Univesity Ca' Foscari of Venice
Roberto Casarin, University of Venice
Francesco Ravazzolo, Norges Bank
Herman Van Dijk, Erasmus University
Combining Predictive Densities Using Bayesian Filtering with Applications to US Economics Data

 

AP

Markus K. Brunnermeier, Princeton University and NBER

 

Yuliy Sannikov, Princeton University

 

A Macroeconomic Model with a Financial Sector

 

 

11:15 am

DAE

Peter Temin, Massachusetts Institute of Technology and NBER
The Terms of Land Ownership in the Roman Empire:

 

EFHJ

Joe Vavra, Yale University
Inflation Dynamics and Time-Varying Uncertainty: New Evidence and an Ss Interpretation

 

11:30 am

EFCE

Emine Boz, International Monetary Fund

 

Enrique Mendoza, University of Maryland and NBER

 

Financial Innovation, the Discovery of Risk, and the U.S. Credit Crisis

 

12:00 n

AP

Xavier Gabaix, New York University and NBER

 

A Sparsity-Based Model of Bounded Rationality

 

1:00 pm

ME

Arvind Krishnamurthy, Northwestern University and NBER
Stefan Nagel, Stanford University and NBER

Dmitry Orlov, Stanford University

 

 

Sizing Up Repo

 

 

 

 

EFSF

Kristoffer Nimark, CREI
Man-Bites-Dog Driven Business Cycles

 

 

 

1:55 pm

ME

Bo Becker, Harvard University and NBER
Victoria Ivashina
, Harvard University and NBER

 

 

Cyclicality of Credit Supply: Firm Level Evidence

 

 

 

2:00 pm

AP

Carolin E. Pflueger, Harvard University

 

 

Luis M. Viceira, Harvard University and NBER

 

 

An Empirical Decomposition of Risk and Liquidity in Nominal and Inflation-Indexed Government Bonds

 

 

 

 

EFSF

Martin Uribe, Columbia University and NBER
Stephanie Schmitt-Grohe, Columbia University and NBER
Pegs and Pain

 

 

 

3:05 pm

ME

Burcu Duygan-Bump, Federal Reserve Bank of Boston
Alexey Levkov, Federal Reserve Bank of Boston
Judit Montoriol-Garriga, Federal Reserve Bank of Boston

 

 

Financing Constraints and Unemployment: Evidence from the Great Recession

 

 

 

3:20 pm

AP

Harjoat S. Bhamra, University of British Columbia

 

 

Adlai J. Fisher, University of British Columbia

 

 

Lars-Alexander Kuehn, Carnegie Mellon University

 

 

Monetary Policy and Corporate Default

 

 

 

3:30 pm

EFSF

Kirstin Hubrich, European Central Bank
Robert Tetlow, Federal Reserve Board
Financial Stress and Economic Dynamics: The Transmission of Crises

 

 

 

4:30 pm

EFSF

Christopher Gust, Federal Reserve Board
Jesus Fernandez-Villaverde, University of Pennsylvania
David Lopez-Salido
Juan Rubio-Ramirez, Duke University
Volatility Shocks, Precautionary Demand for Liquidity, and Asset Pricing

 

 

 

 

MFL

Martin Feldstein Lecture by
Kenneth Rogoff, Harvard University and NBER
Sovereign Bankruptcy:  Is This Time Different?

 

 

 

Friday, July 15:

 

 

 

8:30 am

ME/IFM/MEFM

Nicola Gennaioli, CREI

 

 

Andrei Shleifer, Harvard University and NBER

 

 

Robert W. Vishny, University of Chicago and NBER

 

 

A Model of Shadow Banking

 

 

 

 

EFWW

Mario Forni, Universita di Modena
Marc Hallin, ECARES
Marco Lippi, Università di Roma, La Sapienza
Paolo Zaffaroni, Imperial College London
One-Sided Representations of Generalized Dynamic Factor Models

 

 

 

 

AP

Paolo Pasquariello, University of Michigan

 

 

Financial Market Dislocations

 

 

 

9:00 am

EFCE

Marco Bassetto, Federal Reserve Bank of Chicago and NBER

 

 

Credit Crunches and Credit Allocation in a Model of Entrepreneurship

 

 

 

 

EFHJ

Ivan Werning, Massachusetts Institute of Technology and NBER
Managing a Liquidity Trap: Optimal Monetary and Fiscal Policy

 

 

 

 

EFJK

Ufuk Akcigit, University of Pennsylvania and NBER

 

 

William R. Kerr, Harvard University and NBER

 

 

Growth Through Heterogeneous Innovations

 

 

 

9:20 am

ME/IFM/MEFM

Javier Bianchi, University of Maryland

 

 

Enrique G. Mendoza, University of Maryland and NBER

 

 

Overborrowing, Financial Crises, and Macro-prudential Policy

 

 

 

9:30 am

AP

Tim Landvoigt, Stanford University

 

 

Monika Piazzesi, Stanford University and NBER

 

 

Martin Schneider, Stanford University and NBER

 

 

The Housing Market(s) of San Diego

 

 

 

9:45 am

EFWW

Drew D. Creal, University of Chicago
Bernd Schwaab, European Central Bank
Siem Jan Koopman and Andre Lucas, VU University Amsterdam
Observation Driven Mixed Measurement Dynamic Factor Models with an Application to Credit Risk

 

 

 

10:15 am

EFCE

Bartosz Mackowiak, European Central Bank

 

 

Mirko Wiederholt, Northwestern University

 

 

Inattention to Rare Events

 

 

 

 

EFJK

Juan Carlos Cordoba, Iowa State University

 

 

Marla Ripoll, University of Pittsburgh

 

 

A Contribution to the Economic Theory of Fertility

 

 

 

10:30 am

ME/IFM/MEFM

Michael Woodford, Columbia University and NBER

 

 

Monetary Policy and Financial Stability

 

 

 

11:00 am

EFWW

Bryan T. Kelly, University of Chicago
Seth Pruitt, Federal Reserve Board
The Three-Pass Regression Filter: A New Approach to Forecasting Using Many Predictors

 

 

 

 

AP

Stefan Nagel, Stanford University and NBER

 

 

Evaporating Liquidity

 

 

 

11:15 am

EFHJ

Luminita Stevens, Columbia University
Pricing Regimes in Disaggregated Data

 

 

 

 

EFJK

Douglas Gollin, Williams College

 

 

David Lagakos, Arizona State University

 

 

Michael Waugh, New York University

 

 

The Agricultural Productivity Gap in Developing Countries

 

 

 

11:20 am

ME/IFM/MEFM

Atif Mian, University of California at Berkeley and NBER

 

 

Amir Sufi, University of Chicago and NBER

 

 

Francesco Trebbi, University of British Columbia and NBER

 

 

Foreclosures, House Prices and the Real Economy

 

 

 

11:30 am

EFCE

Olivier Coibion, College of William and Mary and NBER

 

 

Yuriy Gorodnichenko, University of California at Berkeley and NBER

 

 

Information Rigidity and the Expectations Formation Process: A Simple Framework and New Facts

 

 

 

12:00 n

AP

Pavel Savor, University of Pennsylvania

 

 

Mungo Wilson, Oxford University

 

 

Earnings Announcements and Systematic Risk

 

 

 

1:00 pm

EFSF

Isaiah Andrews, Massachusetts Institute of Technology
Anna Mikusheva, Massachusetts Institute of Technology
Maximum Likelihood Inference in Weakly Identified DSGE Models

 

 

 

1:15 pm

EFJK

Ezra D. Oberfield, Federal Reserve Bank of Chicago

 

 

Business Networks, Production Chains, and Productivity

 

 

 

2:00 pm

AP

Kent Daniel, Columbia University

 

 

Momentum Crashes

 

 

 

 

EFSF

M. Hashem Pesaran, Cambridge University
Gary Koop, University of Strathclyde
Ron Smith, Birkbeck College
On Identification of Bayesian DSGE Models

 

 

 

2:30 pm

EFJK

Kiminori Matsuyama, Northwestern University

 

 

Endogenous Ranking and Equilbirum Lorenz Curve Among (ex-ante) Identical Countries

 

 

 

2:50 pm

ME/IFM/MEFM

Arvind Krishnamurthy, Northwestern University and NBER

 

 

Annette Vissing-Jorgensen, Northwestern University and NBER

 

 

The Effects of Quantitative Easing on Interest Rates

 

 

 

3:15 pm

EFSF

Alexei Onatski, University of Cambridge
Francisco Ruge-Murcia, University of Montreal
Factor Analysis of a Large DSGE Model

 

 

 

3:30 pm

AP

Stavros Panageas, University of Chicago and NBER

 

 

Pension Design in the Presence of Systemic Risk

 

 

 

 

EFJK

Nicola Gennaioli, CREI

 

 

Rafael La Porta, Dartmouth College and NBER

 

 

Florencio Lopez-de-Silanes, EDHEC Business School and NBER

 

 

Andrei Shleifer, Harvard University and NBER

 

 

Human Capital and Regional Development

 

 

 

3:40 pm

ME/IFM/MEFM

Viral V. Acharya, New York University and NBER

 

 

Itamar Drechsler, New York University

 

 

Philipp Schnabl, New York University

 

 

A Pyrrhic Victory? -- Bank Bailouts and Sovereign Credit Risk