Cornell/Penn State Macro Workshop
Co-Directors: Karl Shell (Cornell)
Neil Wallace
(Penn State)
November 20-21, 2004
at Cornell University
G01 Biotechnology Bldg.
SATURDAY, November 20
8:00 - 8:55Light Refreshments (Lobby G01 Biotech Bldg.) 8:55 - 9:00Karl Shell (Cornell), Introduction and Welcome (G01 Biotech Bldg.) Saturday morning chair: Marie Hoerova (Cornell University) 9:00 - 10:00Ed Green (Penn State University) Risk and Incentives in a Payment Arrangement 10:00 - 10:10Coffee Break (Lobby G01 Biotech Bldg.) 10:10 - 11:10Gaetano Antinolfi (Washington University, St. Louis) Banking and Markets in a Monetary Model 11:10 - 12:10Yi Wen (Cornell University) Durable Goods Inventories and the Volatility of Production: Explaining the Less Volatile U.S. Economy 12:15 - 1:15Lunch (G01 Biotech Bldg.) Saturday afternoon chair: Ruilin Zhou (Penn State University) 1:30 - 2:30Nezih Guner (Penn State University) Marriage and Divorce since World War II: Analyzing the Role of Technological Progress on the Formation of Households 2:30 - 3:30Huberto Ennis (Federal Reserve Bank of Richmond) Search, Money, and Inflation under Private Information 3:30 - 3:45Coffee Break (Lobby G01) 3:45 - 4:45Manjong Lee (Penn State University) Sixteenth-Century Replacement Costs of Coins: Implications for Optimal Financing and Divisibility 7:30Dinner at Karl & Susan Shell's Unfortunatley, because of capacity constraints, we cannot invite
917 Wyckoff Road, 607-272-3579 first-year students to dinner this year.SUNDAY, November 21
8:00 - 9:00Light Refreshments (Conference Foyer) Sunday morning chair: Levon Barseghyan (Cornell University) 9:00 - 10:00Tao Zhu (Cornell University) TBA 10:00 - 11:00Luis Conraria (Cornell University) The Impact of Oil Shocks: Where's the Missing Accelerator 11:00 - NoonNeil Wallace (Penn State University) The Cash-in-Advance Equilibrium in the Trading Post Model Noon - 1:00Box Lunch (Lobby G01Biotech Bldg.)
Conference Staff:
Amy Moesch (weekdays
only): alg5@cornell.edu; 607-255-5617
Christian Duttweiler: shelloffice@cornell.edu;
607-255-5618
Marie Hoerova: mh272@cornell.edu
Directions from State College, PA to the Statler Hotel, Ithaca, NY
Directions from the Statler Hotel to Karl and Susan Shell's House at 917 Wyckoff Road, Ithaca