Friday, July 2 – Morning session
9:30-10:45 Boyan Jovanovic (New York University)
“The IT Revolution and the Stock Market”
Discussant: Thomas Cooley (University of Rochester)
11:00-12:15 Wouter den Haan (University of California, San Diego)
“Liquidity Flows and Fragility of Business Enterprises”, (joint with Joel Watson and Gary Ramey)
Discussant: Enrique Mendoza (Duke University)
12:30-13:45 Hugo Hopenhayn (University of Rochester)
“Optimal lending contracts: moral hazard or imperfect enforcement?”
Discussant: Vincenzo Quadrini (Duke University)
Friday, July 2 – Afternoon session
16:30-17:45 Alvaro Sandroni (Northwestern University)
“Financial Institutions and the Incentive to Gather Information”, (joint with Sandeep Balinga)
Discussant: José Vicente Rodríguez Mora (Universitat Pompeu Fabra)
18:15-19:30 Andres Erosa (University of Western Ontario)
“Inflation, Heterogeneity and Costly Credit; How Regressive is the Inflation Tax? (joint with Gustavo Ventura)
Discussant: John Knowles (University of Pennsylvania)
Saturday, July 3 – Morning session
9:30-10:45 Nezih Guner (University of Rochester)
“Marriage, Fertility and the Distribution of Income”, (joint with Jeremy Greenwood and John Knowles)
Discussant: Kjetil Storesletten (Institute for International Economic Studies, Stockholm University)
11:00-12:15 Roland Bénabou (New York University)
“Macroeconomics and Public Finance with Heterogeneous Agents: What Levels of Redistribution Maximize Income and Efficiency?”
Discussant: Isabel Correia (Banco de Portugal)
12:30-13:45 Jonathan Heathcote (Stockholm School of Economics)
“Fiscal Policy with Heterogeneous Agents and Incomplete Markets”
Discussant: Morten Ravn (University Pompeu Fabra)
Saturday, July 3 – Afternoon session
16:30-17:45 Jeffrey Campbell (University of Rochester)
“Organization Flexibility and Employment Dynamics at Young and Old Plants”, (joint with Jonas Fisher)
Discussant: James Costain (Pompeu Fabra University)
18:15-19:30 Sergei and Lilia Maliar (Pompeu Fabra University)
“Aggregation in Heterogeneous Agent Models and Real Business Cycles”
Discussant: Chris Telmer (Cornegie-Mellon University)
OTHER PARTICIPANTS
Thomas Cooley
(University of Rochester)