News & Events

The Cornell-PSU Macro Workshop, Spring 2011
The Penn State University Campus

April 9 & 10, 2011

 

Saturday, April 9

MORNING SESSION: 8:30 AM – 12:20 PM – room 102 Smeal College of Business

8:30 AM - CONTINENTAL BREAKFAST

8:55 AM - GREETING

9:00 AM - Yu Zhang (Cornell) – "The Bank and the Asset Market: The Roles of
Aggregate Uncertainty and Timing"

10:00 - AM BREAK

10:20 - AM Haiqing Xu (Penn State) – "Discrete Choice Models with Local
Interactions: A Game Theoretical Approach"

11:20 AM - John Owsley (Cornell) – "House Prices, Economic Cycles, and
Leverage with Market-Based Intermediation in the Housing Market"

12:30 PM - LUNCH At The Nittany Lion Inn, (out-of-town attendees and selected
guests)

 

AFTERNOON SESSION: 2:15 PM – 5:30 PM - room 102 Smeal College of
Business

2:15 PM - Alp Simsek (Harvard) – "Fire Sales in a Model of Complexity"

3:15 PM - BREAK

3:30 PM - Viktor Tsyrennikov (Cornell) – "Global Imbalances and Idiosyncratic Risk"

4:30 PM - Andres Rodriguez-Clare (Penn State) – "Proximity versus Comparative
Advantage: A Quantitative Theory of Trade and Multinational Production," With (C. Arkolakis, N.
Ramondo, and S. Yeaple)

7:00 PM CONFERENCE DINNER - (out-of-town attendees and selected guests)

 

Sunday, April 10

MORNING SESSION: 8:30 AM – 12:15 PM - room 112 Kern Building

8:30 AM - CONTINENTAL BREAKFAST

9:00 AM - Iourii Manovskii (University of Pennsylvania) – "Identifying Technology
Shocks in Models with Heterogeneous Inputs," joint with L. Bocola and M. Hagedorn

10:00 AM BREAK

10:15 AM - Karel Mertens (Cornell) – "Measuring Fiscal Shocks in Structural VARs
Using Narrative Data," with O. Ravn

11:15 AM - Todd Keister (FRB of New York) – "Constructive Ambiguity in Bailout
Policy"

12:15 PM - LUNCH and adjourn, lobby of the Kern Graduate Building