Tuesday, August 4

Political Economy of Sovereign Debt: Cycles of Debt Crisis and Inequality Overhang

Alessandro Dovis (Pennsylvania State University), Ali Shourideh (University of Pennsylvania-Wharton), Mikhail Golosov (Princeton University)

Growth through Learning

Boyan Jovanovic (New York University)

A Tractable Model of Monetary Exchange with Ex-Post Heterogeneity

Pierre-Olivier Weill (UCLA), Guillaume Rocheteau (UC-Irvine), Tsz-Nga Wong (Bank of Canada)

Wednesday, August 5

Nonparametric Counterfactual Predictions in Neoclassical Models of International Trade

Dave Donaldson (Stanford), Rodrigo Adao (MIT), Arnaud Costinot (MIT)

Liquidity Traps and Capital Flows

Sushant Acharya (Federal Reserve Bank of New York), Julien Bengui (Université de Montréal)

Globalization and Synchronization of Innovation Cycles

Kiminori Matsuyama (Northwestern), Iryna Sushko (Institute of Mathematics, National Academy of Science, Ukraine), Laura Gardini (University of Urbino)

No-Bubble Condition: Model-Free Tests in Housing Markets

Matteo Maggiori (Harvard), Stefano Giglio (University of Chicago Booth), Johannes Stroebel (NYU Stern)

Thursday, August 6

The Aggregate Implications of Regional Business Cycles

Martin Beraja (University of Chicago), Erik Hurst (University of Chicago Booth), Juan Ospina (University of Chicago)

Dispersion in Relative Prices: Evidence and Theory

Leena Rudanko (Federal Reserve Bank of Philadelphia), Greg Kaplan (Princeton), Guido Menzio (University of Pennsylvania), Nicholas Trachter (Federal Reserve Bank of Richmond)

Capital Allocation and Productivity in Southern Europe

Loukas Karabarbounis (University of Chicago), Gita Gopinath (Harvard), Sebnem Kalemli-Ozcan (University of Maryland), Carolina Villegas-Sanchez (ESADE — Universitat Ramon Llull)

Firm Entry and Exit and Aggregate Growth

Timothy Kehoe (University of Minnesota), Jose Asturias (Georgetown-Qatar), Sewon Hur (University of Pittsburgh), Kim J. Ruhl (NYU Stern)

Friday, August 7

Decomposing Duration Dependence in a Stopping Time Model

Katarína Borovičková (NYU), Fernando Alvarez (University of Chicago), Robert Shimer (University of Chicago)

Demand Stimulus, Inflation and Marginal Costs: Empirical Evidence

Iourii Manovskii (University of Pennsylvania), Marcus Hagedorn (University of Oslo), Jesse Handbury (University of Pennsylvania)

Leverage and Disagreement

François Geerolf (UCLA)

Fiscal Policy and Debt Management with Incomplete Markets

Anmol Bhandari (University of Minnesota), David Evans (NYU), Mikhail Golosov (Princeton), Thomas Sargent (NYU)