4th Annual UTDT Economics Conference

Monday, December 21, 2015

10.30-11.30

A Model of the Twin Ds: Optimal Default and Devaluation

Martin Uribe (Columbia University and NBER), Stephanie Schmitt-Grohe (Columbia University, CEPR and NBER), S. Na (Columbia University), V. Yue (Emory University and Federal Reserve Bank of Atlanta)

11.30-12.30

The Distributional Consequences of Large Devaluations

Javier Cravino (University of Michigan and NBER) & Andrei A. Levchenko (University of Michigan, NBER and CEPR)

12.30-14.00

Lunch

14.00-15.00

The Blighted Youth: The Impact of Recessions and Policies on Life-Cycle Unemployment
Bernabé Lopez Martin (Banco de México) & Naoki Takayama (Cabinet Office Japan)

15.00-16.00

Balance Sheet Recessions with Informational and Trading Frictions

Vladimir Asriyan (CREI, UPF and Barcelona GSE)

16.00-16.30

Coffee Break

16.30-17.30

Monetary Shocks and Bank Balance Sheets

Pablo Kurlat (Stanford University) & Sebastián Di Tella (Stanford University)

17.30-18.30

 

The Tail that Wags the Economy: Belief-Driven Business Cycles and Persistent Stagnation

Julian Kozlowski (NYU), Laura Veldkamp (NYU Stern, CEPR and NBER) and Venky Venkateswaran (NYU Stern and NBER)

20.00

Conference Dinner at Gardiner

 

Tuesday, December 22, 2015

10.30-11.30

Information Acquisition vs. Liquidity in Financial Markets

Victoria Vanasco (Stanford University)

11.30-12.30

On the Direction of Innovation

Hugo Hopenhayn (UCLA) & Francesco Squintani (University of Warwick)

12.30-14.00

Lunch

14.00-15.00

Trade and the Global Recession
Jonathan Eaton (The Pennsylvania State University and NBER), Sam Kortum (Yale University and NBER), Brent Neiman (Booth School of Business and NBER), John Romalis (University of Sydney and NBER)

15.00-16.00

How Important Are Terms of Trade Shocks?

Stephanie Schmitt-Grohé (Columbia University, CEPR and NBER) & Martín Uribe (Columbia University and NBER) 

16.00-16.30

Coffee Break

16.30-17.30

Adverse Selection, Risk Sharing and Business Cycles

Marcelo Veracierto (Federal Reserve Bank of Chicago)

17.30-18.30

Optimal Asset Management Contracts with Hidden Savings

Sebastian Di Tella (Stanford University) & Juliy Sannikov

 

 19.30

 Cocktail at La Mar Cevicheria