NORTHWESTERN UNIVERSITYEconomics · Kellogg
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Conference program

Financial Frictions, Sentiments and Aggregate Fluctuations

August 2012

Beijing, China

Co-sponsored with Tsinghua University.

Tuesday, August 21, 2012

08:30–09:25

Non-linear Effects of Taxation on Growth.

Nir Jaimovich and Sergio Rebelo

09:25–09:40

Q&A

09:40–10:35

Housing Prices and Unemployment.

Zheng Liu,Jianjun Miao and Tao Zha

10:35–10:50

Discussant: Lin Lu, Tsinghua University

11:00–11:55

Equilibrium Unemployment

Larry Christiano, Marty Eichenbaum, and Mathias Trabandt

11:55–12:10

Discussant: Bing Li, Tsinghua University

13:30–14:25

Sentiments and Aggregate Demand Fluctuations.

Jess Benhabib, Pengfei Wang, and Yi Wen

14:25–14:40

Discussant: Martin Schneider

14:40–15:35

Sentiments

Mario Angeletos and Jennifer Lao

15:35–15:50

Discussant: Pengfei Wang, Hong Kong University of Science & Technology

16:00–16:55

Household Balance Sheets, Consumption, and the Economic Slump

Atif Mian, Kamalesh Rao, and Amir Sufi

16:55–17:10

Discussant: Meixin Guo, Tsinghua University

Wednesday, August 22, 2012

08:20–09:15

Segmented Housing Search.

Martin Schneider, Monika Piazzesi, Johannes Stroebel

09:15–09:30

Discussant: Yuan Xu, Tsinghua University

09:30–10:25

Understanding the Equity Premium and the Consumption Correlation Puzzle.

Rui Albuquerque, Martin Eichenbaum, and Sergio Rebelo

10:25–10:40

Discussant: Min Ouyang, Tsinghua University

10:50–12:00

Policy Panel: Monetary Policy Making in Emerging Economies

Charles Evans, President and CEO, Federal Reserve Bank of Chicago

Daokui Li, Tsinghua University; former member of the Monetary Policy Committee, People’s Bank of China

Bo Li, Director General of the Second Department of Monetary Policy, People’s Bank of China

Chong-En Bai, Associate Dean and Department Chair, Tsinghua University

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