Carnegie Mellon University
Macro-Finance Conference 2017

Advances in Macro Finance

Organized by: Jim Albertus, Laurence Ales, and Finn Kydland

Conference Schedule

Friday, September 22, 2017
Noon to 1 p.m. LUNCH - ROOM 324
1 to 3 p.m. SESSION 1 - ROOM 322
  • Misallocation or Risk-Adjusted Capital Allocation
    Joel David
    David Zeke (USC)
    Lukas Schmid (Duke)
    Discussant: Ellen McGrattan (U of Minnesota)
  • Cascades and Fluctuations in an Economy with an Endogenous Production Network
    Mathieu Taschereau-Dumouchel (Cornell)
    Discussant: Gill Segal (UNC)
3 to 3:30 p.m. COFFEE BREAK - ROOM 324
3:30 to 5:30 p.m. SESSION 2 - ROOM 322
  • Equilibrium Corporate Finance and Intermediation
    Alberto Bisin (NYU)
    Gian Luca Clementi (NYU)
    Piero Gottardi (EUI)
    Discussant: Edward S. Prescott (FRB of Cleveland)
  • The Maturity Structure of Inside Money
    Burton Hollifield (CMU)
    Ariel Zetlin-Jones (CMU)
    Discussant: Yasser Boualam (UNC)
5:45 p.m. SHUTTLE TO hotel - Molley's Trolley to Hyatt House
6:45 p.m. SHUTTLE FROM hotel to restaurant - Molley's Trolley from Hyatt House to Carnegie Museum
7 to 10 p.m. DINNER: The Founder's Room at the Carnegie Museum
10 p.m. SHUTTLE FROM restaurant to hotel - Molley's Trolley from Carnegie Museum to Hyatt House
Saturday, September 23, 2017
9:15 a.m. SHUTTLE to Tepper
9:30 to 10 a.m. BREAKFAST - ROOM 324
10 a.m. to Noon SESSION 3 - ROOM 322
  • “Permanent Income” Inequality
    Brant Abbott (Queens)
    Giovanni Gallipoli (UBC)
    Discussant: Kartik Athreya (FRB of Richmond)
  • Technological Innovation and the Distribution of Labor Income Growth
    Leonid Kogan (MIT)
    Dimitris Papanikolaou (NWU)
    Lawrence Schmidt (U of Chicago)
    Jae Song (Social Security Administration)
    Discussant: Serdar Ozkan (U of Toronto)
Noon to 1 p.m. LUNCH - ROOM 324
1 to 3 p.m. SESSION 4 - ROOM 322
  • The Economics of the Fed Put
    Anna Cieslak (Duke)
    Annette Vissing-Jorgensen (Berkeley)
    Discussant: Ian Dew-Becker (NWU)
  • The Loan Covenant Channel: How Bank Health Transmits to the Real Economy
    Antonio Falato (Board of Governors)
    Gabriel Chodorow-Reich (Harvard)
    Discussant: Arpit Gupta (NYU)
3 p.m. ADJOURN