SI 2016 Capital Markets and the Economy

Deborah J. Lucas, Amir Yaron, and Janice C. Eberly, Organizers

July 18-20, 2016

Royal Sonesta Hotel

Conference Code of Conduct

Monday, July 18
1:00 pm
Steven J. Davis, Stanford University and NBER
John C. Haltiwanger, University of Maryland and NBER

Dynamism Diminished: The Role of Housing Markets and Credit Conditions
1:50 pm
Alessandro Barattieri, The World Bank and UQAM
Laura Moretti, Central Bank of Ireland
Vincenzo Quadrini, University of Southern California and NBER

Banks Interconnectivity and Leverage
2:55 pm
Jochen Mankart, Deutsche Bundesbank
Alexander Michaelides, Imperial College London
Spyros Pagratis, Athens University of Economics and Business

Bank Capital Buffers in a Dynamic Model
3:45 pm
Francesco D’Acunto, Georgetown University
Ryan Liu, University of California at Berkeley
Carolin Pflueger, University of Chicago and NBER
Michael Weber, University of Chicago and NBER

Flexible Prices and Leverage
Tuesday, July 19
1:00 pm
Barney Hartman-Glaser, University of California at Los Angeles
Hanno Lustig, Stanford University and NBER
Mindy X. Zhang, University of Texas at Austin

National Income Accounting when Firms Insure Workers
1:50 pm
Anton Babkin, University of Wisconsin
Brent Glover, Carnegie Mellon University
Oliver J. Levine, University of Wisconsin

Are Corporate Inversions Good for Shareholders?
2:55 pm
Carlo Altavilla, European Central Bank
Marco Pagano, Einaudi Institute for Economics and Finance
Saverio Simonelli, University of Naples Federico II

Bank Exposures and Sovereign Stress Transmission
3:45 pm
Marc Arnold, University of St. Gallen
Dirk Hackbarth, Boston University
Tatjana-Xenia C.. Puhan, University of Zurich

Financing Asset Sales and Business Cycles
Wednesday, July 20
1:00 pm
Gene Amromin, Federal Reserve Bank of Chicago
Janice C. Eberly, Northwestern University and NBER
John A. Mondragon, Federal Reserve Bank of San Francisco

The Housing Crisis and the Rise in Student Loans
1:50 pm
Andrea Caggese, Universitat Pompeu Fabra and CREI
Vicente Cuñat, The London School of Economics
Daniel Metzger, Stockholm School of Economics

Firing the Wrong Workers: Financing Constraints and Labor Misallocation
2:55 pm
Juan Ospina, Central Bank of Colombia
Harald Uhlig, University of Chicago and NBER

Mortgage-Backed Securities and the Financial Crisis of 2008: a Post Mortem
3:45 pm
Andreas Fuster, EPFL and Swiss Finance Institute
Stephanie Lo, Harvard University
Paul S. Willen, Federal Reserve Bank of Boston and NBER

The Time-Varying Price of Financial Intermediation in the Mortgage Market