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Past Seminars

2011 Seminar Series

Fri, Jan 14 12:00pm
Speaker: Carlos Garriga, Federal Reserve Bank of St. Louis
"Understanding Housing Booms” The Case of Spain"

Thu, Jan 20 12:00pm
Speaker: Emilio Espino, UTDT
Host: Juan Sanchez
"A General Equilibrium Explanation for Financial Market Anomalies: Belief Heterogeneity Under Limited Enforceability"

Fri, Jan 21 1:00pm
Speaker: Ronni Pavan, University of Rochester
Host: Maria Canon
TBA

Thu, Feb 17 12:00pm
Speaker: Yi Wen, Federal Reserve Bank of St. Louis
"Making Sense of China's Excessive Foreign Reserves"

Fri, Feb 18 12:00pm
Speaker: Guillaume Vandenbroucke, University of Iowa
Host: Carlos Garriga
TBA

Wed, Feb 23 12:00pm
Speaker: Kadee Russ, University of California-Davis
Host: Silvio Contessi
TBA

Mon, Feb 28 12:00pm
Speaker: Juan Rubio-Ramirez, Duke University
Host: Carlos Garriga
TBA

Tue, Mar 08 12:00pm
Speaker: Ivan Petrella, Katholieke Universiteit Leuven
Host: Luciana Juvenal
TBA

Wed, Mar 09 4:00pm
Speaker: Jesus Fernandez-Villaverde , University of Pennsylvania
Host: Carlos Garriga
TBA

Thu, Mar 10 12:00pm
Speaker: Guillermo Ordonez, Yale University
Host: Carlos Garriga
"Optimal Regulation in the Presence of Reputation Concerns"

Wed, Mar 23 12:00pm *
Speaker: Benjamin Lester, University of Western Ontario
Host: Carlos Garriga
TBA

Fri, Mar 25 12:00pm **
Speaker: Claudia Olivetti, Boston University
Host: Raul Santaeulalia-Llopis
"In the Name of the Father: Marriage and Intergenerational Mobility in the United States, 1850-1930."

Thu, Mar 31 12:00pm
Speaker: Kanda Naknoi, Purdue University
Host: Silvio Contessi
"The Benefit of Exchange Rate Flexibility, Trade Openness and the Extensive Margin"

Fri, Apr 01 12:00pm **
Speaker: Stefania Albanesi, Columbia University
Host: Raul Santaeulalia-Llopis
"Maternal Health and Fertility: An International Perspective"

Mon, Apr 04 12:00pm
Speaker: Chao Gu, University of Missouri Columbia
Host: Carlos Garriga
"Endogenous Credit Cycles"

Tue, Apr 05 12:00pm
Speaker: Jialang Wang, WashU- Olin Business School
Host: Silvio Contessi
"Liquidity Constraints and Consumer Bankruptcy: Evidence from Tax Rebates"

Wed, Apr 06 4:00pm *
Speaker: Bart Hobijn, Federal Reserve Bank of San Francisco
Host: Carlos Garriga
TBA

Fri, Apr 08 12:00pm
Speaker: Toshihiko Mukoyama, University of Virginia
Host: Carlos Garriga
"Understanding the Welfare Effects of Unemployment Insurance Policy in General Equilibrium"

Mon, Apr 11 12:00pm
Speaker: Daniel Thornton, Federal Reserve Bank of St. Louis
"A Perspective on the Stance of Monetary Policy"

Thu, Apr 14 12:00pm
Speaker: Ludo Visschers, Universidad Carlos III
Host: Carlos Garriga
"Unemployment and Endogenous Reallocation over the Business Cycle with Carlos Carrillo-Tudela"

Fri, Apr 15 12:00pm
Speaker: David Wheelock, Federal Reserve Bank of St. Louis
"Did Doubling Reserve Requirements Cause the Recession of 1937-38?"

Wed, Apr 20 4:00pm ***
Speaker: Diego Restuccia, University of Toronto
Host: Carlos Garriga
TBA

Fri, Apr 22 12:00pm ****
Speaker: Viral Acharya, New York University
Host: Rajdeep Sengupta
"Counterparty risk externality: Centralized versus over-the-counter markets*"

Wed, Apr 27 4:00pm *
Speaker: Jose-Victor Rios-Rull, University of Minnesota
Host: Carlos Garriga
TBA

Thu, Apr 28 12:00pm
Speaker: Fernando Martin, Simon Fraser University
Host: David Andolfatto
TBA

Mon, May 02 12:00pm
Speaker: Seung-Gyu Sim, University of Tokyo
Host: Carlos Garriga
TBA

Tue, May 03 12:00pm
Speaker: Todd Schoellman, Arizona State University
Host: Carlos Garriga
TBA

Fri, May 06 2:00pm
Speaker: Pierre-Daniel Sarte, FRB Richmond
Host: David Andolfatto
TBA

Mon, May 09 12:00pm **
Speaker: Giovanni Galipolli, University of British Columbia
Host: Raul Santaeulalia
"Household Responses to Individual Shocks: Disability and Labor Supply"

Thu, May 12 12:00pm
Speaker: Costas Arkolakis, Yale University
Host: Luciana Juvenal
TBA

Fri, May 13 12:00pm ****
Speaker: Nancy Chau, Cornell University
Host: Subhayu Bandyopadhyay
"Contractual Dualism, Market Power and Informality"

Wed, May 18 12:00pm
Speaker: Ruben Hernandez, Federal Reserve Bank of St. Louis
"Race and Subprime Loan Pricing"

Fri, May 20 12:00pm ****
Speaker: Charles Kahn, University of Illinois-Urbana Champaign
Host: Rajdeep Sengupta
"Private Payment Systems, Collateral, and Interest Rates; and Collateral Policy in a World of Round-the-Clock Payment"

Tue, May 24 12:00pm
Speaker: Carlos Garriga, Federal Reserve Bank of St. Louis
"Intergenerational Policy and the Measurement of the Tax Incidence of Unfunded Liabilities"

Thu, May 26 12:00pm
Speaker: Kaiji Chen, Emory University
Host: Yi Wen
"Asset Market Liquidity and Crisis"

Tue, Jun 14 12:00pm
Speaker: William Gavin, Federal Reserve Bank of St. Louis
"Monetary Policy, the Tax Code, and Energy Prices: A Model of Stagflation"

Thu, Jun 16 12:00pm
Speaker: Robert Johnson, Dartmouth College
Host: Luciana Juvenal
TBA

Mon, Jun 20 12:00pm
Speaker: Natalia Kolesnikova, Federal Reserve Bank of St. Louis
"Are Children Normal?"

Thu, Jul 07 12:00pm
Speaker: Lubo Litov, University of Arizona
Host: Christopher Neely
"Do Private Banks Take More Risk? A Cross-Country Perspective"

Mon, Jul 25 12:00pm
Speaker: Subhayu Bandyopadhyay, Federal Reserve Bank of St. Louis
"Immigration Policy and Counterterrorism"

Tue, Aug 09 12:00pm
Speaker: Margarita Rubio, Bank of Spain
Host: Michael Owyang
"House Purchase Versus Rental in Spain"

Thu, Aug 11 12:00pm
Speaker: Emily Lynch, Duke University
Host: Michael Owyang
"TBD"

Thu, Sep 08 12:00pm **
Speaker: Giorgio Topa, Federal Reserve Bank of New York
Host: Maria Canon
"Measuring Mismatch in the U.S. Labor Market"

Mon, Sep 12 12:00pm
Speaker: Sephorah Mangin, University of Melbourne, Australia
Host: Carlos Garriga
TBA

Tue, Sep 13 12:00pm
Speaker: Michael McCracken, Federal Reserve Bank of St. Louis
"Testing the Economic Value of Predictability"

Wed, Sep 21 4:00pm ***
Speaker: David Backus, New York University
Host: Carlos Garriga
TBA

Fri, Sep 23 12:00pm **
Speaker: Greg Kaplan, University of Pennsylvania
Host: Juan Sanchez and Alejandro Badel
TBA

Mon, Sep 26 12:00pm
Speaker: Christopher Neely, Federal Reserve Bank of St. Louis
"Lessons from the Evolution of Foreign Exchange Trading Strategies"

Thu, Sep 29 12:00pm
Speaker: David Levine, Washington University
Host: Carlos Garriga
"Anti-Malthus: Evolution, Population, and the Maximization of Free Resources"

Fri, Sep 30 12:00pm ****
Speaker: John Conley, Vanderbilt University
Host: Subhayu Bandyopadhyay and Sengupta Rajdeep
TBA

Mon, Oct 03 12:00pm
Speaker: Bob Tetlow, Board of Governors of the Federal Reserve System
Host: Michael McCracken
"Financial Stress and Economic Dynamics: The Transmission of Crisis"

Tue, Oct 04 12:00pm
Speaker: David Andolfatto, Federal Reserve Bank of St. Louis
TBA

Fri, Oct 07 12:00pm **
Speaker: Jonathan Heathcote, Federal Reserve Bank of Minneapolis
Host: Alejandro Badel
"Intergenerational Redistribution in the Great Recession"

Wed, Oct 12 12:00pm
Speaker: Richard Anderson, Federal Reserve Bank of St. Louis
TBA

Fri, Oct 14 12:00pm **
Speaker: Carl Sanders, Washington University in St. Louis
Host: Alejandro Badel
TBA

Mon, Oct 17 12:00pm
Speaker: Juan Sanchez, Federal Reserve Bank of St. Louis
TBA

Wed, Oct 19 12:00pm
Speaker: Vincenzo Quadrini, University of Southern California
Host: Adrian Peralta-Alva
"Financial Globalization and the Raising of Public Debt"

Mon, Oct 24 12:00pm
Speaker: Ozge Savascin, University of North Carolina at Chapel Hill
Host: Michael Owyang
"The Dynamics of Commodity Prices: A Clustering Approach"

Tue, Oct 25 12:00pm
Speaker: Michael Owyang, Federal Reserve Bank of St. Louis
"Forecast Asymmetry and the Business Cycle"

Mon, Oct 31 12:00pm
Speaker: Nicolas Trachter, Einaudi Institute Rome
Host: David Andolfatto
TBA

Thu, Nov 03 12:00pm
Speaker: Luciana Juvenal, Federal Reserve Bank of St. Louis
TBA

Mon, Nov 07 12:00pm
Speaker: Tom Garrett, Federal Reserve Bank of St. Louis
TBA

Wed, Nov 09 4:00pm *
Speaker: Jim Schmitz, Federal Reserve Bank of Minneapolis
Host: Carlos Garriga
TBA

Fri, Nov 11 12:00pm *****
Speaker: Guido Menzio, University of Pennsylvania
Host: Raul Santaeulalia-Llopis
TBA

Wed, Nov 16 4:00pm ***
Speaker: Frank Schorfheide, University of Pennsylvania
Host: Carlos Garriga
TBA

Thu, Nov 17 12:00pm
Speaker: Adrian Peralta-Alva, Federal Reserve Bank of St. Louis
TBA

Fri, Nov 18 12:00pm
Speaker: Mallory Leung, University of Minnesota
Host: Alejandro Badel & Raul Santaeulalia-Llopis
"A Structural model of Sex Selective Abortion: The Effect of One-child Policy on Sex Ratio Imbalance in China"

Tue, Nov 22 12:00pm
Speaker: Rajdeep Sengupta, Federal Reserve Bank of St. Louis
"Subprime Loan Quality"

Mon, Nov 28 12:00pm
Speaker: Lubomir Litov, University of Arizona
Host: Christopher Neely
TBA

Wed, Nov 30 12:00pm
Speaker: Silvio Contessi, Federal Reserve Bank of St. Louis
"Access to Credit and Export through the Trade Collapse: A Portrait of Firms in 33 Countries"

Tue, Dec 06 12:00pm
Speaker: Lee Ohanian, UCLA
Host: Juan Sanchez
""Foreclosure Delay and U.S. Unemployment" joint with Kyle Herkenhoff"

Wed, Dec 07 4:00pm ***
Speaker: Nick Bloom, Stanford University
Host: Carlos Garriga
"Really Uncertain Business Cycles"

Fri, Dec 09 12:00pm **
Speaker: Adriana Lleras-Muney, University of California-Los Angeles
Host: Alejandro Badel and Raul Santaeulalia-Llopis
"Child Gender and Parental Investments in India: Are Boys and Girls Treated Differently?"

Wed, Dec 14 12:00pm
Speaker: Alejandro Badel, Federal Reserve Bank of St. Louis
"Interpreting Life Cycle Inequality Patterns as an Efficient Allocation: Mission Impossible?"

Fri, Dec 16 12:00pm **
Speaker: Marco Cozzi, Queens University
Host: Alejandro Badel
"Risk Aversion Heterogeneity, Labor Income Risk and Wealth Inequality"

2012 Seminar Series

Mon, Jan 23 12:00pm
Speaker: Sang-Yoon Lee, University of Mannheim
Host: Yongseok Shin
""Entrepreneurs, Managers, and Inequality""

Wed, Feb 01 12:00pm
Speaker: Michael Owyang, FRB St. Louis
"Financial Stress and the Factor-Augmented Smooth Transition Autoregression"

Mon, Feb 06 12:00pm
Speaker: Michael McCracken, FRB St. Louis
TBA


*Joint with the Department of Economics, Washington University in St. Louis. These seminars will take place at the Federal Reserve Bank of St. Louis

**Labor Workshop Seminar, joint with the Department of Economics, Washington University in St. Louis. These seminars will take place at the Federal Reserve Bank of St. Louis.

***Joint with the Department of Economics, Washington University in St. Louis. These seminars will take place at Washington University in St. Louis. Please visit http://economics.wustl.edu/events/workshops for further information.

****Applied Micro Series, held at the Federal Reserve Bank of St. Louis.

*****Labor Workshop Seminar, joint with the Department of Economics, Washington University in St. Louis. These seminars will take place at Washington University.

2010 Seminars

Tue, Dec 17 — 12:00 PMSilvio Contessi, Federal Reserve Bank of St. Louis
"Capital Injections and Lending Contractions: Evidence from the TARP/CPP"
Thu, Dec 9 — 12:00 PMRuben Hernandez, Federal Reserve Bank of St. Louis
"Spatial Diffusion of Subprime Mortgages"
***Wed, Dec 8 — 4:00 PM Chris Sleet, Carnegie Mellon University
"Recursive Methods for Dynamic Incentive and Macroeconomic Policy Problems" (with M. Messner, N. Pavoni and S. Yeltekin)
*Fri, Dec 3 — 4:00 PMMark Wright, University of California-Los Angeles
"The Cost of Financial Crisis: Resource Misallocation, Productivity and Welfare in the 2001 Argentine Crisis"
**Fri, Dec 3 — 12:00 PMGlenn Loury, Brown University
"Valuing Identity"
Thu, Dec 2 — 12:00 PMAdrian Peralta-Alva, Federal Reserve Bank of St. Louis
"Shocks, Time-to-train, and Optimal Government Spending"
*Mon, Nov 29 — 12:00 PMAlejandro Badel, Federal Reserve Bank of St. Louis
Mon, Nov 22 — 12:00 PMB. Ravikumar, University of Iowa
"International Trade in Capital Goods and Economic Development" (with Michael Sposi and Piyusha Mutreja)
**Fri, Nov 19 — 12:00 PMAlessandra Voena, Stanford University
"Yours, Mine and Ours: Do Divorce Laws Affect the Intertemporal Behavior of Married Couples?"
Host: Alejandro Badel
Thu, Nov 18 — 12:00 PMLuciana Juvenal, Federal Reserve Bank of St. Louis
"Pricing-to-Market and Business Cycle Synchronization"
*** Wed, Nov 17 — 4:00 PMNed Prescott, Federal Reserve Bank of Richmond
"Regulating Banker Compensation for Bank Supervisory Purposes"
Host: Carlos Garriga
Tue, Nov 16 — 12:00 PMGiulio Zanella, University of Bologna
"Revisiting Wage, Earnings, and Hours Profiles"
Host: Carlos Garriga
*Wed, Nov 10 — 4:00 PMMark Bils, University of Rochester
"Has Consumption Inequality Mirrored Income Inequality?" (with M. Aguiar)
***Wed, Nov 3 — 4:00 PMMarco Bassetto, Federal Reserve Bank of Chicago
"Credit Crunches and Credit Allocation in a Model of Entrepreneurship" (with Marco Cagetti and Mariacristina De Nardi)
Mon, Nov 1 — 12:00 PMRichard Anderson, Federal Reserve Bank of St. Louis
"Evaluating Systematic Liquidity Estimators"
Thu, Oct 28 — 2:00 PMLinda Goldberg, Federal Reserve Bank of New York
"Banking Globalization and Monetary Transmission"
***Wed, Oct 27 — 4:00 PMHal Cole, University of Pennsylvania
"Is the Volatility of Market Price of Risk Due to Intermittent Portfolio Re-Balancing?" (with Y. Chien and H. Lustig)
Mon, Oct 25 — 12:00 PMSteven Lugauer, University of Notre Dame
"Demographic Patterns and Saving in China"
Host: Chris Waller
**Fri, Oct 15 — 12:00 PMPablo D'Erasmo, University of Maryland
"A Quantitative Model of Banking Industry Dynamics"
Host: Alejandro Badel
***Wed, Oct 13 — 4:00 PMHubert Kempf, Banque de France
"Deposit Insurance Without Commitment"
Wed, Oct 13 — 12:00 PMLubomir Litov, Wharton Financial Institutions
"Do Firm Boundaries Affect Financing Policy? Evidence from Non-financial Conglomerates with Financial Subsidiaries"
**Fri, Oct 8 — 12:00 PMAlvin Murphy, Washington University
"A Dynamic Model of Demand for Houses and Neighborhoods"
Host: Alejandro Badel
Tue, Oct 5 — 12:00 PMMichael McCracken, Federal Reserve Bank of St. Louis
"The Reality Checks and Nested Forecast Model Comparisons"
**Fri, Oct 1 — 12:00 PMGiovanni Favara, IMF
"House Price Dynamics with Dispersed Information" (with Zheng Song)
Hosts: Luciana Juvenal and Riccardo DiCecio
***Wed, Sep 29 — 4:00 PMKyoung-Jin Choi, Washington University
"Mirrlees Meets Modigliani-Miller: Optimal Individual/Corporate Taxes and Capital Structure"
Tue, Sep 28 — 12:00 PMMike Owyang, Federal Reserve Bank of St. Louis
"An Endogeneous Clustered Factor Approach to International Business Cycles" (with Ozge Saviscin and Neville Francis)
**Fri, Sep 24 — 12:00 PMRaoul Minetti, Michigan State University
"Foreign Lenders in Emerging Economies" (with Matteo Iacoviello)
Host: Rajdeep Sengupta
Thu, Sep 23 — 12:00 PMWilliam Gavin, Federal Reserve Bank of St. Louis
"The Zero Lower Bound: Avoidance and Escape"
***Wed, Sep 22 — 4:00 PMBerthold Herrendorf, Arizona State University
"Transportation and Development: Insights from the U.S., 1840-1860" (with J. Schmitz and A. Teixeira)
Wed, Sep 8 — 12:00 PMDavid Levine, Washington University
"Chains of Production and Real Shocks"
Host: Carlos Garriga
Fri, Sep 3 — 12:00 PMMichael Sposi, University of Iowa
"Trade Barriers and the Price of Nontradables Relative to Tradables"
Host: Carlos Garriga
Thu, Sep 2 — 12:00 PMMarcus Berliant, Washington University
"The Dynamics of Knowledge Diversity and Economic Growth"
Mon, Aug 30 — 12:00 PMTravis Berge, University of California
"Nonlinear Predictions of Exchange Rates"
Mon, Aug 2 — 12:00 PMLiang Wang, University of Pennsylvania
"Inflation and Welfare with Price Dispersion"
Tue, Jul 6 — 12:00 PMThomas Garrett, Federal Reserve Bank of St. Louis
"The Revenue Performance of Casinos after a Smoking Ban: The Case of Illinois"
Fri, Jun 18 — 12:00 PMRajdeep Sengupta, Federal Reserve Bank of St. Louis
"Lending to Uncreditworthy Borrowers"
Thu, Jun 17 — 12:00 PMZhigang Feng, University of Zurich
"Macroeconomic Consequence of Alternative Reform to the Health Insurance System in the U.S."
Wed, Jun 16 — 12:00 PMCharles Engel, University of Wisconsin
"Global Interest Rates, Monetary Policy and Currency Returns"
Thu, Jun 10 — 12:00 PMGuillaume Vandenbroucke, University of Iowa
"A Century of Human Capital and Hours"
Wed, Jun 9 — 12:00 PMDavid Wheelock, Federal Reserve Bank of St. Louis
"Does the Structure of Banking Markets Affect Economic Growth? Evidence from U.S. State Banking Markets"
Tue, Jun 8 — 12:00 PMStephan Kurka, University of Bonn
"Media of Exchange with Differing Liquidity"
**Mon, May 24 — 12:00 PMViktoria Ivashina, Harvard Business School
"Cyclicality of Credit Supply: Firm Level Evidence"
Hosts: Silvio Contessi and Rajdeep Sengupta
Tue, May 18 — 12:00 PMFrancois Gourio, Boston University
"Disaster Risk and Business Cycles"
Tue, May 11 — 12:00 PMThomas Lubik, Federal Reserve Bank of Richmond
"Identifying the Labor Market Search and Matching Model"
Host: Silvio Contessi
Mon, May 10 — 12:00 PMChristopher Neely, Federal Reserve Bank of St. Louis
"Out-of-Sample Equity Premium Prediction: Economic Fundamentals vs. Moving-Average Rules"
Fri, May 7 — 12:00 PMHarald Uhlig, University of Chicago
"A Model of a Systemic Bank Run"
Thu, May 6 — 12:00 PMFernando Martin, Simon Fraser University
"Government Policy and Aggregate Fluctuations"
Host: David Andolfatto
***Wed, May 5 — 4:00 PMIourii Manovskii, University of Pennsylvania
"Spot Wages Over the Business Cycle?"
**Fri, Apr 30 — 12:00 PMKamal Saggi, Southern Methodist University
"Equilibrium Parallel Import Policies and International Market Structure"
Host: Subhayu Bandyopadhyay
Wed, Apr 28 — 12:00 PMHoward Wall, Federal Reserve Bank of St. Louis
"Discordant City Business Cycles"
Tue, Apr 27 — 12:00 PMYi Wen, Federal Reserve Bank of St. Louis
"Saving and Growth under Borrowing Constraints: Explaining the 'High Saving Rate' Puzzle"
Mon, Apr 26 — 12:00 PMRasmus Fatum, University of Alberta
"Does Foreign Exchange Reserve Decumulation Lead to Currency Appreciation?"
**Fri, Apr 23 — 11:45 AMAnton Korinek, University of Maryland
"Systemic Risk-Taking: Amplification Effects, Externalities, and Regulatory Responses"
Host: Rajdeep Sengupta
Tue, Apr 20 — 12:00 PMSubhayu Bandyopadhyay, Federal Reserve Bank of St. Louis
"Biofuel Subsidies: An Open-Economy Analysis"
*Fri, Apr 16 — 12:00 PMJuan Pablo Nicolini, Federal Reserve Bank of Minneapolis
"Policy at the Zero Bound"
***Wed, Apr 14 — 4:00 PMRobert Lucas, University of Chicago
"Ideas and Growth"
Mon, Apr 12 — 12:00 PMMan-Yee Leung, University of Minnesota
"Sex Ratio Imbalance in China"
**Thu, Apr 8 — 11:45 AMRoberto Piazza, IMF
"Financial Innovation and Risk, the Role of Information"
Host: Michele Boldrin
*** Wed, Apr 7 — 4:00 PMThomas Holmes, University of Minnesota
"An Alternative Theory of the Plant Size Distribution with an Application to Trade"
Mon, Apr 5 — 12:00 PMStephen Williamson, Washington University
"Liquidity, Financial Intermediation, and Monetary Policy in a New Monetarist Model"
**Fri, Apr 2 — 11:45 AMMorris Davis, University of Wisconsin
"Macroeconomic Implications of Agglomeration"
Host: Alejandro Badel
Tue, Mar 30 — 12:00 PMNatalia Kolesnikova, Federal Reserve Bank of St. Louis
"The Role of Location in Evaluating Racial Wage Disparity"
Thu, Mar 25 — 12:00 PMLeo Kaas, University of Konstanz
"Search-theoretic Money and International Exchange Rates"
*Wed, Mar 24 — 4:00 PMHuberto Ennis, Federal Reserve Bank of Richmond
"Over-the-Counter Loans, Adverse Selection, and Stigma in the Interbank Market"
Wed, Mar 24 — 12:00 PMDavid Andolfatto, Federal Reserve Bank of St. Louis
"On the Social Cost of Transparency in Monetary Economies"
Tue, Mar 23 — 12:00 PMManuel Santos, University of Miami
"Efficient Firm Dynamics in a Frictional Labor Market"
Mon, Mar 22 — 12:00 PMTim Kam, Australian National University
"Search-theoretic Money and International Exchange Rates"
**Fri, Mar 19 — 11:45 AMElias Dinopoulos, University of Florida
"A Simple Model of Quality Heterogeneity and International Trade"
Host: Subhayu Bandyopadhyay
Thu, Mar 18 — 12:00 PMAntonio Doblas-Madrid, Michigan State University
"A Robust Model of Bubbles with Multidimensional Uncertainty"
Host: Carlos Garriga
*** Wed, Mar 17 — 4:00 PMZheng Liu, Federal Reserve Bank of San Francisco
"Do Credit Constraints Amplify Macroeconomic Fluctuations?"
Mon, Mar 15 — 12:00 PMJay Hong, University of Rochester
**Fri, Mar 12 — 11:45 AMEdward Coulson, Penn State University
"Measuring the External Benefits of Homeownership"
Host: Alejandro Badel
Thu, Mar 11 — 12:00 PMCletus Coughlin, Federal Reserve Bank of St. Louis
"Is the International Border Effect Larger than the Domestic Border Effect? Evidence from U.S. Trade"
**Fri, Mar 5 — 11:45 AMErik Hurst, Chicago Booth
"Endogenous Gentrification and House Price Dynamics"
Host: Alejandro Badel
Thu, Mar 4 — 11:30 AMChristian Zimmermann, University of Connecticut
"Basel Accord and Financial Intermediation: The Impact of Policy"
*** Wed, Mar 3 — 4:00 PMEmilio Espino, Universidad Torcuato Di Tella
"A General Equilibrium Explanation for Financial Markets Anomalies: Belief Heterogeneity Under Limited Enforceability"
Wed, Mar 3 — 12:00 PMJean Imbs, HEC Lausane
"Credit Supply and the Price of Housing"
Fri, Feb 12 — 12:00 PMPing Wang, Washington University
"Trade, Urbanization and Capital Accumulation in a Labor Surplus Economy" (with Eric Bond and Ray Riezman)
Thu, Feb 11 — 12:00 PMYi Wen, Federal Reserve Bank of St. Louis
"Liquidity and Welfare in a Heterogeneous-Agent Economy"
Thu, Feb 4 — 11:45 AMDaniel Thornton, Federal Reserve Bank of St. Louis
"The Unusual Behavior of the Federal Funds and 10-Year Treasury Rates: A Conundrum or Goodhart's Law?"
Wed, Feb 3 — 12:00 PMMartin Gervais, University of Texas-Austin
"Optimal Fiscal Policy Over the Business Cycle"
Thu, Jan 28 — 12:00 PMGerard Llobet, CEMFI
"Entrepreneurial Innovation, Patent Protection, and Industry Dynamics"
Tue, Jan 26 — 11:45 AMHoward Wall, Federal Reserve Bank of St. Louis
"Personal Bankruptcies and the Recession"
Wed, Jan 20 — 12:00 PMSami Alpanda, Amherst College
"Identifying the Role of Risk Shocks in the Business Cycle Using Stock Price Data"

Select Spring 2009 Seminars

Wednesday, February 25, 2009 — 4:00 PMV. V. Chari, University of Minnesota and Federal Reserve Bank of Minneapolis
"Sophisticated Monetary Policies"
Wednesday, March 4, 2009 — 4:00 PMJoão Gomes, The Wharton School of the University of Pennsylvania
"Durability of Output and Expected Stock Returns"
Wednesday, March 18, 2009 — 4:00 PMGianluca Violante, New York University
"Frictional Wage Dispersion in Search
Models: A Quantitative Assessment
"

Wednesday, March 25, 2009 — 2:00 PMAdriano Rampini, Duke/Fuqua
"Collateral, Financial Intermediation and the Distribution of Debt Capacity"
Friday, April 17, 2009 — 2:00 PMCharles Engel, University of Wisconsin-Madison
"Currency Misalignments and Optimal Monetary Policy: A Reexamination"
Host: Luciana Juvenal
Wednesday, April 29, 2009 — 4:00 PMEllen McGrattan, Federal Reserve Bank of Minneapolis
"Transition to FDI Openness"

Fall 2009 Seminars

Thursday, September 10, 2009 — 2:00 PMGeni Dechter, University of Rochester
"After Motherhood: Effects of Maternity Leave and Effort Reallocation on Earnings"
Friday, September 18, 2009 — 2:00 PMAlvin Murphy, Washington University
"A Dynamic Model of Housing Supply"
Wednesday, September 23, 2009 — 2:00 PMAndrea Tambalotti, Federal Reserve Bank of New York
"Investment Shocks and the Relative Price of Investment"
Monday, September 28, 2009 — 12:00 PMKelly Bishop, Washington University
"Simple, Consistent Estimation of the Marginal Willingness to Pay Function: Recovering Rosen's Second Stage Without Instrumental Variable"
Wednesday, October 7, 2009 — 4:00 PMAlex Monge, Penn State
"The Nature of Credit Constraints and Human Capital"
Thursday, October 8, 2009 — 2:00 PMFrancois Ortalo-Magne, University of Wisconsin
"Spatial Asset Pricing: A First Step"
Wednesday, October 21, 2009 — 4:00 PMErzo Luttmer, University of Minnesota
"On the Mechanics of Firm Growth"
Thursday, October 22, 2009 — 2:00 PMEmily Blanchard, University of Virginia
"Trade, Education, and the Shrinking Middle Class"
Friday, October 30, 2009 — 2:00 PMDmytro Hryshko, University of Alberta
"RIP to HIP: The Data Reject Heterogeneous Labor Income Profiles"
Wednesday, November 4, 2009 — 4:00 PMMark Aguiar, University of Rochester
"Growth in the Shadow of Expropriation"
Thursday, November 5, 2009 — 2:00 PMArvind Panagariya, Columbia University
"Within and Across Product Specialization Revisited"
Tuesday, November 10, 2009 — 4:15 PMMichele Tertilt, Stanford University
"An Equilibrium Model of the Malawian HIV/AIDS Epidemic"
Wednesday, November 11, 2009 — 4:00 PMRui Castro, Université de Montréal
"On the Individual Optimality of Economic Integration"
Thursday, November 12, 2009 — 2:00 PMPrice Fishback, University of Arizona
"The Influence of the Home Owners' Loan Corporation on Housing Markets During the 1930's"
Wednesday, November 18, 2009 — 4:00 PMGiuseppe Moscarini, Yale University
"Non-Stationary Search Equilibrium"
Thursday, November 19, 2009 — 12:00 PMBurhan Kuruscu, University of Texas
"Taxation of Human Capital and Cross-Country Trends in Wage Inequality"
Wednesday, December 2, 2009 — 4:00 PMHubert Kempf, Banque de France
"National Politics and International Agreements"
Thursday, December 3, 2009 — 2:00 PMGlenn Loury, Brown University
"Stereotypes and Inequality: Phenotypic vs. Affective Discrimination"
Wednesday, December 9, 2009 — 4:00 PMAubhik Khan, Ohio State University
"Collateral Constraints, Capital Specificity and the Distribution of Production: The Role of Real and Financial Frictions in Aggregate Fluctuations"
Friday, December 11, 2009 — 11:45 AMMark Huggett, Georgetown University
"How Well Does the US Social Insurance System Provide Social Insurance?"