June 30�3:30 to 5:30 p.m.
International Crises
Kenichi Ueda
Crisis as Creative Destruction of Corruption
Sylvain Leduc (Luca Dedola)
Agency Costs and the Transfer Problem in a Small Open Economy
Katherine A. Smith (Enrique G. Mendoza)
Margin Calls, Trading Costs and the Sudden Stops of Capital Inflows into Emerging Markets
Properties of Sticky Price Models
Benjamin Eden
Satisfying Demand: A Cash-in-Advance, Random- Utility-Maximization Model
Eyal Baharad (Benjamin Eden)
Price Adjustment and Price Dispersion: An Analysis of Micro Data
Guido Ascari
Staggered Price and Trend Inflation
The Role of Government
Christopher Phelan
Public Trust and Government Betrayal
Kjetil Storesletten (John Hassler, Per Krusell, and Fabrizio Zilibotti)
The dynamics of government
Fabrizio Zilibotti (J. Hassler)
The Survival of the Welfare State
Marco Bassetto
Equilibrium and Government Commitment
Labor Contracts
Manuel Santos (Jorge Aseff and Manuel S. Santos)
Stock Options and Managerial Optimal Contracts
Mico Mrkaic (Vincenzo Quadrini)
Entrepreneurial Financing and the Macroeconomy
Fabiano Schivardi (Luigi Guiso, Luigi Pistaferri)
Insurance within the firm
Carlos Urrutia (V.V. Chari, Diego Restuccia)
On-the-Job Training, Limited Commitment, and Firing Costs
Money and Search II
Shouyong Shi
The Extent of Market and the Optimal Degree of Specialization
Christian Zimmermann
On the Emergence of Banking: Kiyotaki-Wright with Shifting Neighborhoods
Allen Head (Alok Kumar)
Price Posting and Price Dispersion in a Random Matching Monetary Model
Applied Micro: Structural Models
Antonio Merlo (Daniel Diermeier)
A structural model of government formation
Andrew Ching
Dynamic Equilibrium in the US Prescription Drug Market After Patent Expiration
Jerome Adda (Valerie Lechene)
Smoking and Life Expectancy: Why are there Education and Gender Differences?
David Stromberg
The Electoral College and Presidential Resource Allocation
International Growth Experiences
Laura Alfaro (Areendam Chanda, Sebnem Kalemli-Ozcan Selin Sayek)
FDI and Growth: The Role of Local Financial Markets
Stephane Pallage (Sylvain Dessy)
Fidel Perez-Sebastian (Chris Papageorgiou)
Growth Miracles Reexamined
Antonio Manresa (Carmen Alvarez-Albelo)
Reconciling Neoclassical Growth Theory with Growth Experiences
Theories of Bankruptcy
Satyajit Chatterjee (Dean Corbae, Makoto Nakajima, Victor Rios-Rull)
On Unsecured Consumer Credit with Risk of Default
Jim MacGee (Michele Tertilt)
Consumer Bankruptcy and Income Uncertainty: A Fresh Start
Hulya Eraslan
Corporate Bankruptcy Reorganizations: Estimates from a Bargaining Model
Business Cycles
Aubhik Khan (Lee Ohanian, Julia Thomas)
Selection and Industry Evolution in a Real Business Cycle Model
James Costain (Michael Reiter)
Stabilization versus Insurance
Frederic Boissay
Credit Rationing and the Financial Accelerator
Eric Swanson
The Relative Price and Relative Productivity Channels for Aggregate Fluctuations |