Cornell/Penn State Macro Workshop

Co-Directors: Karl Shell (Cornell)
Neil Wallace (Penn State)

October 4-5, 2008 at Cornell University

SATURDAY, October 4
229 ILR Conference Center

8:00 - 8:55
Light Refreshments (227 Food Service Area, ILR Conference Center)
8:55 - 9:00
Karl Shell (Cornell University), Introduction and Welcome (229 ILR Conference Center)
Saturday morning chair:  Karel Mertens (Cornell University)
9:00 - 10:00
Stefania Albanesi (Columbia University): "Intertemporal Distortions in the Second Best' (joint w/Roc Armenter)
10:00 - 10:10
Coffee Break (227 Food Service Area)
10:10 - 10:15

Karl Shell (Cornell University): Monetary and Macroeconomics

10:15 - 11:15
Manolis Galenianos (Penn State University): "Market Power and Efficiency in a Search Model" (joint w/ Philipp Kircher & Gabor Virag)
11:15 - 12:15
Christian Hellwig (UCLA): "Money, Intermediaries and Cash-in-Advance Constraints"
12:15 - 1:30
Lunch (227 Food Service Area)
Saturday afternoon chair: Neil Wallace (Penn State University)
1:30 - 2:30
Monika Piazzesi (Stanford University): "Inflation and the Price of Real Assets" (joint w/Martin Schneider)
2:30 - 3:30
Levon Barseghyan (Cornell University): "Private Incentives vs. Class Interests: A Theory of Optimal Institutions with an Application to Growth" (joint w/Ani Guerdjikova)
3:30 - 3:45
Coffee Break (227 Food Service Area)
3:45 - 4:45
Koralai Kirabaeva (Cornell University): International Capital Flows and Liquidity Crises
6:00

Faculty dinner at Karl & Susan Shell's, 917 Wyckoff Road, 607-272-3579. Mobiles 607-592-9874 and 607-592-9873.

Student dinner at Aladdin's Natural Eatery, 100 Dryden Road, 607-273-5000.

 

SUNDAY, October 5
229 ILR Conference Center

8:00 - 9:00
Light Refreshments (227 Food Service Area)
Sunday morning chair: Ruilin Zhou (Penn State University)
9:00 - 10:00
Martin Schneider (Stanford University): "Asset Trading and Valuation with Uncertain Exposure" (joint w/Juan Carlos Hatchondo and Per Krusell)
10:00 - 10:15
Coffee Break (227 Food Service Area)
10:15 - 11:15
Alejandro Riano (Penn State University): "Trade, Technology Adoption, and the Rise of the Skill Premium in Mexico"
11:15 - 12:15

Benjarong Suwankiri (Cornell University): "Redistribution and Immigration Policies: A Dynamic Political Economy Analysis"

12:15 - 2:00
Lunch (227 Food Service Area)

Financial support from the Center for Analytic Economics (CAE), the Cornell University Department of Economics and the Thorne Fund is gratefully acknowledged.

Conference Staff: Amy Moesch (weekdays only): alg5@cornell.edu; 607-255-5617. Judit Temesvary (mobile phone number: 607-592-5875) and Max Mihm: shelloffice@cornell.edu; 607-255-5618.

Map of the Cornell Campus and Conference Site

Directions from State College, PA to the Statler Hotel, Ithaca, NY

Directions from the Uris Hall/Statler Hotel to Karl and Susan Shell's House at 917 Wyckoff Road, Ithaca