June28-I 2017-07-24T04:36:16+00:00

Society for Economic Dynamics Program

2002 Meeting
June 28 – 30, 2002
New York University
New York, New York

June 28 Session I

June 28 Session II

June 28 Session III

June 29 Session I

June 29 Session II

June 29 Session III

June 30 Session I

June 30 Session II

June 30 Session III

June 28-9:30 to 11:30 a.m.

Capital Flows and Crises

Jeanne Olivier, IMF
Pierre-Olivier Gourinchas, Princeton University
On the Benefits of Capital Account Liberalization

Philippe Martin, Federal Reserve Bank of New York
Helene Rey, Princeton University
Financial Globalization and Emerging Markets: With or Without Crash

Sergio Schmukler, World Bank
Graciela L. Kaminsky, George Washington University
Short-Run Pain, Long-Run Gain: The Effects of Financial Liberalization

Estimation and Solution of Dynamic Models

Noah Williams, Princeton University
Small Noise Asymptotics for a Stochastic Growth Model

Mark Huggett, Georgetown University
When are Comparative Dynamics Monotone?

Manuel Santos, Arizona State University
Simulation and Estimation of Dynamic Economic Models

The Stock Market and Macroeconomics

Dmitriy Stolyarov, University of Michigan
John Laitner, University of Michigan
Technological Change and the Stock Market

Rody Manuelli, University of Wisconsin
Technological Change, The Labor Market and the Stock Market

Janice Eberly, Kellogg School of Management,
Northwestern University

Andrew B. Abel, The Wharton School of the University of Pennsylvania
Q for the Long Run

Vincenzo Quadrini, New York University
Urban Jermann, Wharton School, University of Pennsylvania
Stock Market Boom and Economic Expansion

Heterogeneity in Macroeconomics

Pedro Amaral, University of Minnesota
Consequences of Turbulence and Heterogeneity in Ability to
Learn For Wage Inequality

Jonas Fisher, Federal Reserve Bank of Chicago
A Real Explanation for Heterogeneous Investment Dynamics

Christian Zimmermann, CREFE/UQAM and Bank of Canada
Martin Berka, University of British Columbia
Financial Intermediation with Heterogeneous Agents:
Transitional Dynamics and Policy Responses

Paul Gomme, Federal Reserve Bank of Cleveland
Measuring the Welfare Costs of Inflation in a Life-Cycle Model

Technological Change and the Firm

Rajshree Agarwal, University of Illinois at Urbana-Champaign
April Franco, University of Iowa, and MB Sarkar and Raj Echambadi, University of Central Florida
Knowledge Transfer Through Inherited Learning:
Spin-out Generation, Growth and Survival

Peter Rousseau, Vanderbilt University
Boyan Jovanovic, University of Chicago and New York University
The Q-Theory of Mergers

Vivek Ghosal, Georgia Institute of Technology
Impact of Uncertainty and Sunk Costs on Firm Survival
and Industry Dynamics

Monetary Economics I

Braz Camargo, University of Pennsylvania
Luis Araujo, University of Pennsylvania
Monetary Equilibrium with Decentralized Trade and Learning

Aleksander Berentsen, University of Basel
Guillaume Rocheteau, Australian National University
Properties of Money: A Mechanism Design Approach

Gabriele Camera, Purdue University
F. Vesely, Purdue University
End of Days: Trading Horizons and the Value of Money

Neil Wallace, Penn State
Bruce Champ, Federal Reserve Bank of Cleveland
Resolving the National Banking System Note-Issue Paradox

Optimal Policy

Aysegul Sahin, University of Rochester
The Rotten Kid at College: The Incentive Effects of Higher Education Subsidies on Student Achievement

Thomas Renström, Wallis Institute,
University of Rochester and CEPR

Parantap Basu, Fordham University
Indivisible Labor and Optimal Dynamic Taxation

Juan Cordoba, Rice University
Optimal Taxation with Collateral Constraints

Luisa Fuster, Universitat Pompeu Fabra
Andres Erosa, Universitat Autonoma of Barcelona, and Diego Restuccia, University of Toronto
A General Equilibrium Analysis of Parental Leave Policies

Dynamic Games

William Sandholm, University of Wisconsin
Negative Externalities and Evolutionary Implementation

Sandroni Alvaro, University of Rochester
Markets Favor Bayesian Estimators over Maximum Likelihood Estimators

In-Koo Cho, University of Illinois, Urbana-Champaign
Akihiko Matsui, University of Tokyo
Aspiration and Cooperation in Repeated Prisoner’s Dilemma

George Mailath, University of Pennsylvania
Martin Cripps, Olin School of Business, Washinton University, and Larry Samuelson, University of Wisconsin
Imperfect Monitoring and Impermanent Reputations

Human Capital

Martin Schindler, University of Pennsylvania
Human Capital and Labor Market Policy

Holger Sieg, Carnegie Mellon University
Dennis Epple, Carnegie-Mellon University, and
Richard Romano, University of Florida
Admission, Tuition and Financial Aid Policies in the Market of Higher Education: Theory and Evidence

Marcelle Chauvet, University of California Riverside
Krishna B. Kumar, University of Southern California
Evaluating the Role of Human Capital in Economic Development

Alexander Monge, Northwestern University
Human Capital, Organizations and Foreign Direct Investment