MN Macro 2004

Efficiency with Endogenous Population Growth

Mike Golosov (University of Minnesota), Larry Jones (University of Minnesota), Michèle Tertilt (Stanford)

Owned Ideas: When are Stock Market Run-ups Too Fast to be Rational?

John Laitner (Michigan), Dmitriy Stolyarov (Michigan)

Discovering the Sources of TFP Growth: Occupational Choice and Financial Deepening

Hyeok Jeong (USC), Rob Townsend (Chicago)

Imperfect Information, Consumers' Expectations and Business Cycles

Guido Lorenzoni (Princeton)

Putting Your Ballot Where Your Mouth Is: An Analysis of Collective Choice with Communication

Dino Gerardi (Yale), Leeat Yariv (UCLA)

Information Aggregation and Equilibrium Multiplicity

George-Marios Angeletos (MIT), Iván Werning (MIT)

Firm Size Dynamics in an Aggregate Economy

Esteban Rossi-Hansberg (Stanford), Mark Wright (Stanford)

On Dynamic Principal-Agent Problems in Continuous Time

Noah Williams (Princeton)

Games with Imperfectly Observable Actions in Continuous Time

Yuliy Sannikov (Stanford)

Politics and Efficiency of Separating Capital and Ordinary Government Budgets

Marco Bassetto (University of Minnesota), Tom Sargent (NYU)

Taxation, Entrepreneurship, and Wealth

Marco Cagetti (Virginia), Mariacristina De Nardi (University of Minnesota)

Optimal Taxation with Endogenous Insurance Markets

Mike Golosov (University of Minnesota), Aleh Tsyvinski (UCLA)

Japanese Savings Rate

Kaiji Chen (USC), Ayşe İmrohoroğlu (USC), Selo İmrohoroğlu (USC)

The International Diversification Puzzle is Not as Bad as You Think

Jonathan Heathcote (Georgetown), Fabrizio Perri (NYU)

General Equilibrium Analysis of the Eaton-Kortum Model of Trade

Fernando Alvarez (Chicago), Robert Lucas, Jr. (Chicago)