Macro Lunch, 2003/04 - 2011/12
| 2003/04 | 2004/05 | 2005/06 | 2006/07 | 2007/08 | 2008/09 | 2009/10 | 2010/11 | 2011/12 |
To find the Archives for more recent years, go to the Events/Seminars page and scroll to the bottom, Past Events
2011/12 | |
Sep. 15 | Joe Vavra, Yale University, "Inflation and Time-Varying Uncertrainty: New Evidence and an Ss Interpretation" |
Sep. 22 | Kieran Walsh, Yale University, "Endogenous Leverage in a Production Economy with Heterogeneous Agents" |
Sep. 29 | Eduardo Engel, Yale University, "Missing Agregate Dynamics: On the Slow Convergence of Lumpy Adjustment Models" (with David Berger and Ricardo Caballero) |
Oct. 6 | Melanie Morten, Yale University, "Migration and Risk Sharing in Village Economies" |
Oct. 13 | Nicolas Werquin, Yale University, "Dynamic Optimal Taxation along the Extensive Margin" |
Oct. 20 | David Rappoport, Yale University, "Productivity Differences and Endogenous Default in General Equilibrium" |
Oct. 27 | David Berger, Yale University, "Countercyclical Restructuring" |
Nov. 3 | Claire Brennecke, Yale University, "Information and Counterparty Risk" |
Nov. 10 | Greg Phelan, Yale University, "Regulating Bank Leverage in a Crisis" |
Nov. 17 | Xavier Gabaix, Yale University, "A Theory of Boundedly Rational Dynamic Programming" |
Dec. 1 | Max Dvorkin, Yale University, "Regional Shocks, Incomplete Markets and Migration" |
Dec. 8 | Lint Barrage, Yale University, "Carbon Taxes in a Dynamic Second-Best Fiscal Setting" |
Feb. 16 | Manolis Galenianos, Penn State/Cowles visitor, "Learning through Referrals" |
Mar. 1 | Alexis Akira Toda, Yale University, "Asset Pricing and Wealth Distribution with Heterogeneous Investment Returns" |
Mar. 22 | Melanie Mortenn, Yale University, "Migration and Risk Sharing in Village Economies" |
Mar. 29 | Greg Phelan, Yale University, "Financial Intermediation, Leverage, and Macroeconomic Instability" |
Apr. 5 | Jesus Fernandez-Villaverde, University of Pennsylvania, "Fiscal Volatility Shocks and Economic Activity" (with Pablo Guerron-Quintana and Keith Kuester) [Paper] |
Apr. 12 | Kieran Walsh, Yale University, "Investment, Default, and the Term Structure of Debt" |
Apr. 19 | David Rappoport, Yale University, "Towards a Dynamic Model of Leverage, Default and Interest Rates" |
Apr. 26 | Lint Barrage, Yale University, "Carbon Taxation in a Dynamic, Second-Best Fiscal Setting" |
May 3 | Max Dvorkin, Yale University, "Mismatch and Mobility Dynamics: Aggregate and Sectoral Shocks in Competitive Labor Markets" |
2010/11 | |
Sep. 9 | Ray Fair, Yale University, "Analyzing Macroeconomic Forecastability" [Paper] |
Sep. 16 | Boyan Jovanovic, NYU, "Learning and Discovery" |
Sep. 23 | Xavier Gabaix, NYU, "A Sparsity-Based Model of Bounded Rationality" |
Sep. 30 | David Berger, Yale University, "Productivity, Employment and Firm Dynamics over the Business Cycle" |
Oct. 7 | Joe Vavra, Yale University, "Inflation Dynamics and Time-Varying Uncertainty: New Evidence and an Ss Interpretation" |
Oct. 14 | Thomasz Piskorski, Columbia, "Mortgage Modification and Strategic Default: Evidence from a Legal Settlement with Countrywide" |
Oct. 21 | Marnix Amand, Yale University, "The Wealth Distribution: New Facts and a New Model" |
Oct. 28 | Per Krusell, IIES, "Asset Trading and Valuation with Uncertain Exposure" (with Juan Carlos and Martin Schneider) |
Nov. 4 | Pierre Yared, Columbia University, "A Dynamic Theory of Resource Wars" (with Daron Acemoglu, Mikhail Golosov and Aleh Tsyvinski) |
Nov. 11 | Kieran Walsh, Yale University, "Welfare Improving Default" |
Nov. 18 | David Rappoport, Yale University, "Inefficient Leverage Cycles" |
Dec. 2 | Maximiliano, Dvorkin, Yale University, "Fiscal Federalism and Optimal Taxation" |
Dec. 11 | Giuseppe Moscarini, Yale University, "Business Cycles and Endogenous Uncertainty" (with Rudi Bachmann) |
Feb. 10 | Ray Fair, Yale University, "A World Macro Saving Fact and an Explanation" |
Feb. 17 | Greg Phelan, Yale University, "Tax Benefits for Health Insurance and Employer Coverage Decisions: Consequences of the 2010 Health Insurance Reform" |
Feb. 24 | Florian Jung, Universitat St. Gallen, "Lipset Reconsidered: Inequality, Development, and the Stability of Democracy" (with Uwe Sunde) |
Mar. 3 | Sebastian Findeisen, University of Zurich |
Mar. 24 | David Berger, Yale University, "Countercyclical Restructuring" |
Mar. 31 | Guillermo Ordonez Yale University, “Collateral Crises” (with Gary Gorton)" |
Apr. 7 | David Rappoport" Can Borrowers Benefit from Taxes on Borrowing?" |
Apr. 14 | Joe Vavra, Yale University, "Durable as Insurance" |
Apr. 21 | Kieran Walsh, Yale University, "The Wealth Distribution, Asset Prices, and Downturns" |
Apr. 28 | Maximiliano Dvorkin, Yale University |
May 5 | Marianne Bruins, Yale University, "Information Acquisition and Dissemination by Ratings Agencies" |
May 12 | Melanie Morten, Yale University, "Migration and Limited Commitment in Village Economies" |
2009/10 | |
Sep. 10 | Aubhik Khan, Ohio State University, visiting Cowles, "Inflation and Interest Rates with Endogenous Market Segmentation" (with Julia K. Thomas) [Paper] |
Sep. 24 | Joe Vavra, Yale University, "The Price Duration Distribution and Monetary Non-Neutrality" |
Oct. 15 | Herakles Polemarchakis, University of Warwick, "Perils of Quantitative Easing" [Paper 1] [Paper 2] |
Oct. 22 | Juan Eberhard, Yale University, "Assessing The Impact of Immigration in the U.S. Wage Distribution" |
Oct. 29 | Adrian de la Garza, Yale University, "Domestic and Global Factors in Emerging Market Bond Spreads" |
Nov. 5 | Guillermo Ordonez, Yale University, "Larger Crises, Slower Recoveries: The Asymmetric Effects of Financial Frictions" [Paper] |
Nov. 12 | David Berger, Yale University, "Managerial Frictions and Employment Fluctuations" |
Nov. 19 | Marnix Amand, Yale University, "The Macroeconomics of Taxing Wealth" |
Dec. 3 | David Rappoport, Yale University, "Limited Borrowing, Government Policy and Asset Prices" |
Dec. 10 | Pierre Yared, Columbia University/Cowles visitor, "The Institutional Causes of China's Great Famine, 1959-1961" (with Xin Meng and Nancy Qian) |
Feb. 18 | Costas Arkolakis, Yale University, "New Trade Models, Same Old Gains?" (with Arnaud Costinot and Andrés Rodríguez-Clare) [Paper] |
Mar. 25 | Rudi Bachmann, University of Michigan, "Uncertainty and Economic Activity: Evidence from Business Survey Data" (with Steffen Elstner and Eric Sims) [Paper] |
Apr. 8 | Guillermo Ordonez, Yale University, "Optimal Regulation in the Presence of Reputation Concerns" (with Andrew Atkeson and Christian Hellwig) [Paper] |
Apr. 15 | David Rappoport, Yale University, "Inefficient Leverage Cycles?" |
Apr. 22 | Christoph Trebesch, Yale University, "Inexcusable Sovereign Default" |
Apr. 29 | Joe Vavra, Yale University, "Monetary Policy is Less Effective in Uncertain Times: New Evidence and an Ss Interpretation" |
May 6 | David Berger, Yale University, "The Declining Procyclicality of Labor Productivity and Selective Firing" |
2008/09 | |
Sep. 25 | Thérèse Rebière, University of Le Havre, visiting Yale University, "Minimum Wage, On-the-Job Search and Employment: On the Partial and General Equilibrium of the Mandatory Minimum Wage" |
Oct. 9 | Joe Vavra, Yale University, "Customer Attachment, Menu Costs, and Lumpy Price Adjustment" |
Oct. 16 | Kyle Hood, Yale University, "Equilibrium Labor and Capital Flows across Local Economies: A Structural Empirical Approach" |
Oct. 23 | Carolina Silva, Yale University, "The Interaction of Minimum Wage and Severance Payments in a Frictional Labor Market: Theory and Estimation" |
Oct. 30 | Rafael Melo, Yale University, "Sorting in the Labor Market: Theory and Measurement" |
Nov. 6 | Chris Fiore, Yale University, "Stock Market Volatility and the Business Cycle" Marnix Amand, Yale University, "Asymmetric Information in Equilibrium Search Models" |
Nov. 13 | Ray Fair, Yale University, "Real Implications of the Financial Crisis," Open Discussion |
Nov. 20 | David Berger, Yale University, "Heterogeneous Inflation Rates and Optimal Monetary Policy" Mark Klee, Yale University, "Exploring the Polarization of the US Labor Market" |
Dec. 4 | Juan Eberhard, Yale University, "Immigration and Wage Dynamics" |
Mar. 26 | Gerald Jaynes, Yale University, "The Macrodistribution of Income and Longrun Movements in U.S. Poverty: 1960-2001" |
Apr. 2 | Pierre Yared, Columbia Business School, "Optimal Debt Management and Redistribution" [Paper] |
Apr. 9 | Philip Shaw, Fairfield University, "Educational Corruption and Economic Growth" [Paper] |
Apr. 30 | Chris Fiore, Yale University David Berger, Yale University |
May 14 | Joe Vavra, Yale University |
2007/08 | |
Oct. 11 | Kyle Hood, "An Equilibrium Model of Regional Evolutions" |
Oct. 18 | Theodore Papageorgiou, "Learning Your Comparative Advantage" |
Oct. 25 | Venkata Chari, "De-Licensing Reform in India: Theory and Evidence" |
Nov. 1 | Amund Holmsen, Director, Monetary Policy Department, Norges Bank, "Optimal Monetary Policy in Theory and Practice" |
Nov. 8 | Rafael Melo, "The Allocation of Workers to Firms: A Model of the Labor Market and Facts from a Brazilian Matched Employer-Employee Dataset" |
Nov. 15 | Irene Botusaru, "Competing Risks Models: Motivation for a Semiparametric Estimation Technique" Mark Klee, Yale University, "Skill Utilization and Occupation Mobility" |
Nov. 29 | Adrian de la Garza, "Job Satisfaction and Happiness: New Evidence from Japanese Union Workers" |
Dec. 6 | Carolina Silva, "Modelling the Interaction of Labor Market Policies" |
Mar. 27 | Joe Vavra, Yale University, "Firm-Specific Consumer Attachment and Sticky Prices" |
Apr. 10 | Carolina Silva, Yale University, "The Interaction of Minimum Wage and Severance Payments in a Search Model" |
Apr. 17 | Kyle Hood, Yale University |
Apr. 24 | Rafael Melo, Yale University, "Assortative Matching in the Brazilian Labor Market" |
May 1 | Juan Eberhard, Yale University, "Dynamics of the U.S. Wage Distribution" |
May 8 | Evrim Aydin, Yale University, "Convergence in Labor Productivity across Turkish Provinces" |
May 15 | Mark Klee, Yale University, "Estimating the Effect of Occupational Tenure on Mobility" |
2006/07 | |
Oct. 5 | Amalavoyal Chari, Yale University, "Trade Liberalization and Productivity Change in India" |
Oct. 12 | Rudi Bachmann, Yale University, "Understanding Jobless Recoveries — A Tale of Two Margins" |
Oct. 19 | Ivan Vidangos, Yale University, "Household Welfare, Precautionary Saving, and Insurance under Multiple Sources of Income Risk" |
Nov. 2 | Rafael L. de Melo, Yale University, "Theories of Wage Determination and Wage Dynamics: An Empirical Assessment" |
Nov. 9 | Kyle Hood, Yale University, "Spatial Evolutions" |
Nov. 16 | Adrian de la Garza, Yale University, "Fluctuations in Unemployment and Vacancies: A Cross-Country Comparison" and Marnix Amand, Yale University, "A Global Games Approach to 3rd Generation Financial Crises" |
Nov. 30 | Theodore Papageorgiou, Yale University, "Learning your Comparative Advantage: Occupational Choice, Mismatch and Unemployment" |
Dec. 7 | Juan Eberhard, Yale University Matthew T. Johnson, Yale University, "Temptation and Credit Card Debt" |
Feb. 22 | Eduardo Engel, Yale University, "Price Stickiness in Ss Models: New Interpretations of Old Results" (with Ricardo J. Caballero) |
Mar. 1 | Justine Hastings, Yale University, "Gasoline Prices and Grocery Purchases: Revisiting the Income Effect" |
Mar. 8 | Carolina Silva, Yale University, "An Empirical Analysis of the Minimum Wage in Chile" |
Mar. 29 | Rafael de Melo, Yale University, "Firm-level Separations and Wages in the Brazilian Economy" |
Apr. 5 | Marnix Amand, Yale University, "Retaining Employees by Matching Outside Offers: Why Does (Almost) No One Do It?" |
Apr. 12 | Amalavoyal Chari, Yale University, "Productivity Effects of Indian Reforms: A Structural Approach" |
Apr. 19 | Kyle Hood, Yale University, "An Island Model Theory of Regional Evolutions" |
Apr. 26 | Adrian de la Garza, Yale University, "The Evolution of Sovereign Bond Markets" and Juan Eberhard, Yale University, "Assessing the impact of Immigration" |
May 3 | Theodore Papageorgiou, Yale University, "Learning Your Comparative Advantage: An Empirical Investigation" |
2005/06 | |
Sep. 15 | George Hall, Yale University, "The Response of Prices, Sales, and Output to Temporary Changes in Demand" (with Adam Copeland) [Paper] |
Sep. 22 | Ruediger Bachmann, Yale University, "Job Turnover in a DSGE Model" |
Sep. 29 | Jinhui Bai, Yale University, "Stationary Monetary Equilibrium with Endogenously Segmented Asset Market" |
Oct. 6 | Kevin Kallock, Yale University, "Risk Aversion in a Search and Matching Model" |
Oct. 13 | Santiago Bazdresch, Yale University, "Optimal Firm Behavior with Financial Non-Convexities" |
Oct. 20 | Ivan Vidangos, Yale University, "Modeling Income Dynamics" (joint with Joe Altonji and Tony Smith) |
Oct. 27 | Rafael Melo, Yale University, "Estimation of a Search Model with Learning using Panel Data" and Santosh Anagol, Yale University, "Housing Supply" |
Nov. 3 | Yedan Zhang, Tulane University, "R&D competition and modes of Foreign Entry with Country-Specific Spillover" |
Nov. 10 | Theodore Papageorgiou, Yale University, "Youth Unemployment and Mismatch" |
Nov. 17 | Gianluca Violante, NYU, "Frictional Wage Inequality: A Puzzle?" (with A. Hornstein and P. Krusell) |
Dec. 1 | Camila Campos/Carolina Silva, Yale University |
Feb. 16 | Bob Shiller, Yale University, "Indexing Taxes to Inequality" (with Leonard Burman and Jeffrey Rohaly) |
Feb. 23 | Ray Fair, Yale University, "On Modeling the Effects of Inflation Shocks" |
Mar. 2 | Rafael de Melo, Yale University, "Estimation of a Search Model with Time Varying Match-Specific Heterogeneity" |
Mar. 23 | Rudi Bachmann, Yale University, "Lumpy Investment in Dynamic General Equilibrium" |
Mar. 30 | Assaf Razin, visiting Yale University, "Institutional Weakness and Stock Price Volatility (with Galina Hale and Hui Tong) |
Apr. 6 | Irasema Alonso, Yale University, "Ambiguity in a Two-country World" |
Apr. 13 | Santosh Anagol, Yale University, "Modeling Residential Investment" |
Apr. 20 | Theodore Papageorgiou, Yale University, "Learning, Unemployment and Mismatch" |
Apr. 27 | Camila Campos and Carolina Silva, Yale University |
2004/05 | |
Sep. 9 | Jose Rossi, Yale University, "Foreign Exposure, Corporate Financial Policies and the Exchange Rate Regime in Emerging Markets: Evidence from Brazil" |
Sep. 16 | Santiago Bazdresch, Yale University, "Adjustment Costs in Capital Structure and Investment" |
Sep. 23 | Daniel Mulino, Yale University, "International Capital Flows, Social Security and Demographics" |
Sep. 30 | Macro reading group meeting |
Oct. 7 | Borja Gracia, Yale University, "Fixed Pegs and Delayed Stabilizations or When the Central Bank Divorces the Treasury" |
Oct. 14 | Marco Oviedo, Yale University, "Beyond optimal extraction: Oil-revenue policy lessons under the Mexican experience, 1986-2003" |
Oct. 21 | Kevin Kallock, Yale University, "Risk Sharing and Nondecreasing Wages in a Search and Matching Model" |
Oct. 28 | Ana Fostel, Yale University, "A Supply Story: Emerging Markets, High Yield and Market Closures" |
Nov. 4 | Sigridur Benediktsdottir, Yale University, "A Dynamic Model of Optimal Trading and Price Setting for an Informed Specialist" |
Nov. 18 | Macro reading group meeting |
Dec. 2 | Huw Lloyd-Ellis, Queen's University, "Schumpeterian Restructuring" (with Patrick Francois) [Paper] Joint with Macroeconomics Workshop |
Feb. 17 | Theodore Papageorgiou, Yale University, "Currency Unions and FDI: The Case of the Euro" |
Feb. 24 | Christian Bayer, European University Institute, "Investment Dynamics with Fixed Capital Adjustment Cost and Capital Market Imperfections" [Paper] |
Mar. 3 | Kevin Kallock, Yale University, "Risk Aversion and Wage Rigidities in Search and Matching Models" |
Mar. 24 | Santiago Bazdresch, Yale University, "Investment and Financing with Non-Convex Costs" |
Mar. 31 | Ivan Vidangos, Yale University, "Uncertainty and Risk in Individual Income: Estimating Nonlinear Models of Income Dynamics" (with Joseph Altonji and Tony Smith) |
Apr. 7 | Jinhui Bai, Yale University, "Stationary Monetary Equilibrium with Endogenously Segmented Asset Market" |
Apr. 14 | Rudiger Bachmann, Yale University, "Job Creation and Job Destruction in a DSGE Model with Endogenous Firm Size" |
2003/04 | |
Sep. 11 | Borja Gracia, Yale University, "The Effects of Fiscal Policy in South Korea: A VAR with Some Economics" |
Sep. 18 | Nicola Fuchs, Yale University, "Precautionary Savings and Self-Selection: Evidence from the German Reunification "Experiment" |
Sep. 25 | Bernardo Guimaraes, Yale University, "Market Expectations before the Brazilian Currency Crisis of 1999: Theory and Empirics" |
Oct. 2 | Marco Oviedo, Yale University, "Optimal Maturity Debt Structure under Revenue Uncertainty" |
Oct. 9 | Feng Zhu, Yale University, "Central Bank Balance Sheet, Monetary and Fiscal Policies, and Macroeconomic Stability" |
Oct. 23 | Hui Wang, Yale University, "Stock Price Interactions and Momentum: A Model with Borrowing Constraints" |
Oct. 30 | Jose Rossi, Yale University, "Risk Management, Balance Sheet Effects and Exchange Rate Regimes: the Brazilian Experience" |
Nov. 6 | Sainan Jin, Yale University, "Fear of Floating: A Nonstationary Discrete Choice Panel Data Approach" |
Nov. 13 | Jordan Milev, Yale University, "Search for a Parametric Specification of the Earnings-Returns Relation" |
Nov. 20 | Andrew Levin, FED Board, "Parameter Uncertainty and the Central Bank’s Objective Function" (with John Williams) |
Dec. 4 | Borja Gracia, Yale University, "Monetary and Fiscal Policy Disputes with Fixed Exchange Rates" |
Dec. 11 | Daniel Mulino, Yale University, "Social Security and Immigration" |
Feb. 19 | Galina Hale, Yale University, "Courage to Capital: The Effect of Rating Agencies on Sovereign Debt Rollover" |
Feb. 26 | Marco Oviedo, Yale University, "The Effects of Oil Revenue on Fiscal Policy: The Case of Mexico" |
Mar. 4 | Daniel Mulino, Yale University, "The Impact of Demographic Change on Capital Flows and Tax Rates in a Multi-country OLG Model" |
Mar. 25 | Santiago Bazdresch, Yale University, "Do Taxes Explain Low Frequency Movements in Aggregate Leverage?" |
Apr. 1 | Guillermo Mondino, IERAL de Fundación Mediterránea, visiting Yale University, "'Til Debt Do Us Apart. Restructuring Debt. The case of Argentina" |
Apr. 8 | Rudiger Bachmann, Yale University, "Aggregate Labor Adjustment in the US — Is There a Case for Manpower? |
Apr. 15 | Kevin Kallock, Yale University, "Wage Rigidities in Search and Matching Models" |
Apr. 22 | Jose Rossi, Yale University |
Apr. 29 | Sigridur Benediktsdottir, Yale University, "Model of Informed Specialist" |
May 6 | Borja Gracia, Yale University, "Monetary and Fiscal Policy Conflicts in the Context of a Fixed Exchange Rate" |