CU/PSU Macro Workshop

8:00 - 8:55
Continental Breakfast

8:55 - 9:00
Karl Shell (Cornell), Welcome & Introduction

Saturday morning chair: Manolis Galenianos (Penn State University)

9:00 - 10:00
Neil Wallace (Penn State University) Interest on Cash with Endogenous Fiscal Policy (joint w/Alexei Deviatov)

10:00 - 11:00
Larry Selden (Wharton & Columbia Business School) Habit Formation and Risk Preferences Background Paper 1 & Background Paper 2

11:00 - 11:20
Coffee Break

11:20 - 12:20
Theodore Papageorgiou (Penn State University) Worker Sorting and Agglomeration Economies

12:15 - 1:30
Lunch

Saturday afternoon chair: Alex Monge (Penn State University)

1:30 - 2:30
Boyan Jovanovic (New York University) Bubbles in Prices of Exhaustible Resources

2:30 - 3:30
Aditya Goenka (National University of Singapore & Cornell University) Infectious Diseases, Optimal Health Expenditures, and Growth (joint w/Lin Liu (University of Rochester) & Manh Hung Nguyen (Toulouse School of Economics)

3:30 - 4:00
Coffee Break

4:00 - 5:00
Huberto Ennis (Federal Reserve Bank of Richmond) Over-the-Counter-Loans, Adverse Selection, and Stigma in the Interbank Market (joint w/John Weinberg)

5:00 - 6:00
Pidong Huang (Penn State University) & Yoske Igarashi (Penn State University) Why Ten $1's are not Treated as a $10: Toward Instability of Non-Full-Support Steady States in a Random Matching Model of Money

7:00

Dinner at the Taylor Room, Statler Hotel (For out-of-town participants and specifically invited Cornellians.)

8:00 - 9:00	Continental Breakfast
Sunday morning chair: Jenny Li (Penn State University)
9:00 - 10:00	Assaf Razin (Cornell University) Migration and the Welfare State: Dynamic Political-Economy Theory (joint w/Efraim Sadka (Tel-Aviv University) & Benjarong Suwankiri (TMB Bank Plc. Ltd.))
10:00 - 11:00	Saroj Bhattrai (Penn State University) Hedging Against the Goverment: A Solution to the Home Asset Bias Puzzle (joint w/Tiago Berrier)
11:00 - 11:30	Coffee Break
11:30 - 12:30	Chao Gu (University of Missouri) Endogenous Credit Cycles (joint w/Randy Wright (Wisconsin Business School)
12:40 - 2:30	Box Lunch

8:00 - 8:55	Continental Breakfast
8:55 - 9:00	Karl Shell (Cornell), Welcome & Introduction
Saturday morning chair: Manolis Galenianos (Penn State University)
9:00 - 10:00	Neil Wallace (Penn State University) Interest on Cash with Endogenous Fiscal Policy (joint w/Alexei Deviatov)
10:00 - 11:00	Larry Selden (Wharton & Columbia Business School) Habit Formation and Risk Preferences Background Paper 1 & Background Paper 2
11:00 - 11:20	Coffee Break
11:20 - 12:20	Theodore Papageorgiou (Penn State University) Worker Sorting and Agglomeration Economies
12:15 - 1:30	Lunch
Saturday afternoon chair: Alex Monge (Penn State University)
1:30 - 2:30	Boyan Jovanovic (New York University) Bubbles in Prices of Exhaustible Resources
2:30 - 3:30	Aditya Goenka (National University of Singapore & Cornell University) Infectious Diseases, Optimal Health Expenditures, and Growth (joint w/Lin Liu (University of Rochester) & Manh Hung Nguyen (Toulouse School of Economics)
3:30 - 4:00	Coffee Break
4:00 - 5:00	Huberto Ennis (Federal Reserve Bank of Richmond) Over-the-Counter-Loans, Adverse Selection, and Stigma in the Interbank Market (joint w/John Weinberg)
5:00 - 6:00	Pidong Huang (Penn State University) & Yoske Igarashi (Penn State University) Why Ten $1's are not Treated as a $10: Toward Instability of Non-Full-Support Steady States in a Random Matching Model of Money
7:00	Dinner at the Taylor Room, Statler Hotel (For out-of-town participants and specifically invited Cornellians.)