CANADIAN MACROECONOMICS STUDY GROUP
24TH ANNUAL MEETING
November 5-6th, 2010
PROGRAM
Summary of All Sessions
Friday, November 5, 2010
Breakfast: 8:15 a.m.
Session 1: Bank of Canada Session
| Time | Presenter(s) and Discussant(s) |
| 9:00 - 10:30 | Jonathan Chiu and Thorsten Koeppl,
"Market Freeze and
Recovery: Trading Dynamics under Optimal Intervention by a
Market-Maker-of-Last-Resort" Discussant: Huberto Ennis |
| Allen Head, Lucy Liu, Guido Menzio, Randall Wright,
"Equilibrium Price
Dispersion and Rigidity: A New Monetarist Approach" Discussant: Oleksiy Kryvtsov |
Session 2: Labour Markets and Wages
| Time | Presenter(s) and Discussant(s) |
| 11:00 - 12:30 | Guido Menzio, Irina Telyukova, Ludo Viscchers,
"Directed Search over the Life Cycle" Discussant: Florian Hoffman |
| Marcus Hagedorn and Iourii Manovski,
"Search
Frictions and Wage Dispersion" Discussant: Ronni Pavan |
Lunch: 12:30-1:30
Session 3: IO and Macroeconomics
| Time | Presenter(s) and Discussant(s) |
| 1:45 - 4:00 | Ufuk Akcigit, Douglas Hanley, and Nicolas Serrano-Velarde,
"Back to Basics: Private and Public Investment in Basic R&D and Macroeconomic
Growth" Discussant: Matt Mitchell |
| Gian Luca Clementi and Dino Palazzo,
"Entry, Exit, Firm
Dynamics, and Aggregate Fluctuations" Discussant: Rudi Bachmann |
|
| Francois Gourio and Leena Rudanko,
"Customer
Capital" Discussant: Veronica Guerrieri |
Session 4: Financial Markets
| Time | Presenter(s) and Discussant(s) |
| 4:30 - 6:00 | Antonio Doblas-Madrid,
"A Robust Model of Bubbles
with Multidimensional Uncertainty" Discussant: Braz Camargo |
| Stephen Williamson, "Liquidity, Financial
Intermediation, and Monetary Policy in a New Monetarist Model" Discussant: Miquel Faig |
Saturday, November 6, 2010
Breakfast: 8:30 a.m.
Session 5: Housing
| Time | Presenter(s) and Discussant(s) |
| 9:15 - 10:45 | Allen Head, Huw Lloyd-Ellis and Amy Sun,
"Search and the Dynamics of House
Prices and Construction" Discussant: Martin Gervais |
| Chiara Forlati and Luisa Lambertini,
"Risky Mortgages in a DSGE
Model" Discussant: Satyajit Chatterjee |
Session 6: Macro Policy
| Time | Presenter(s) and Discussant(s) |
| 11:00 - 12:30 | V.V. Chari and Patrick Kehoe,
"Bailouts, Time
Inconsistency, and Optimal Regulation" Discussant: Paul Klein |
| Rui Castro and Nelman Koumtingue,
"On the Individual
Optimality of Economic Integration" Discussant: Steve Ambler |
Lunch: 12:30-1:30
Session 7: Keynote
Speaker: Richard Rogerson
Time: 1:30-2:30
Session 8: Labor Supply
| Time | Presenter(s) and Discussant(s) |
| 2:45 - 4:15 | Lars Ljungqvist and Thomas J. Sargent,
"Career Length:
Effects of Curvature of Earnings Profiles, Earnings Shocks, and Social
Security" Discussant: Mark Bils |
| Andres Erosa, Luisa Fuster, Gueorgui Kambourov,
"A Micro-founded Theory of
Aggregate Labor Supply with Non-linear Wages" Discussant: Peter Rupert |
Session 9: CIBC Centre for Human Capital and Productivity Session
| Time | Presenter(s) and Discussant(s) |
| 4:30 - 6:00 | Lutz Hendricks and Todd Schoellman,
"Student Abilities
During the Expansion of U.S. Education, 1950-2000" Discussant: Guillaume Vandenbroucke |
| Martin Gervais, Nir Jaimovich, Henry Siu, and Yaniv Yedid-Levi,
"What Should I Be When I Grow Up? Occupations and Employment over the Life
Cycle and Business Cycle" Discussant: Björn Brügemann |
