Financial Markets and the Real Economy Venice, May 4th -­‐5th 2013 Department of Economics, University of Warwick Warwick at Venice Structure: Presentation 30 minutes, Discussion 12 minutes, Questions 8 minutes. Saturday May 4th Session 1 9.00am -9.50am • Joaquin Blaum (Brown University). “Wealth Inequality and the Losses from Financial Frictions”. Discussant: Luigi Iovino (Bocconi) 9.50am-10.40am • Roberto Fattal-Jaef (IMF). “Anatomy of a Credit Crunch: from Capital to Labor Markets”, with Francisco Buera andYongseok Shin. Discussant: Federico M. Signoretti (Bank of Italy) 10.40am-11.10am: Coffee Break Session 2 11.10am -12.00pm • Enrique Mendoza (U. Pennsylvania). “Saving Europe? Some Unpleasant SupplySide Arithmetic of Fiscal Austerity”, with Linda Tesar and Jing Zhang. Discussant: Keyu Jin (London School of Economics) 12.00pm -12.50pm • Julien Bengui (Universite de Montreal). “Macro-Prudential Policy Coordination and Global Regulatory Spillovers”. Discussant: Julien Matheron (Banque de France) 1.00pm-3.30pm: Lunch Session 3 3.30pm -4.20pm • Hernan D. Seoane (U. Carlos III de Madrid). “Sovereign Debt Crisis and Private Credit”, with Roberto Pancrazi and Marija Vukotic. Discussant: Franck Portier (Toulouse School of Economics) 4.20pm -5.10pm • Nicola Gennaioli (Bocconi). “ Banks, Government Bonds, and Default: What do the data Say?”, with Alberto Martin and Stefano Rossi. Discussant: Marcella Lucchetta (Universita’ Ca’Foscari di Venezia) 5.10pm -6.00pm • Vincenzo Cuciniello (Bank of Italy). “ Large Banks and Monetary Policy”, with Federico M. Signoretti. Discussant: Refet Gürkaynak (Bilkent University) 7.30pm: Conference Dinner Sunday May 5th Session 4 9.00am -9.50am • Robert Ulbricht (University of Munich). “Credit Crunches, Information Failures, and the Persistence of Pessimism”, with Ludwig Straub Discussant: Roberto Pancrazi (University of Warwick) 9.50am-10.40am • Christian Hellwig (Toulouse School of Economics). “Hayek Vs Keynes: Incomplete Information and Market Prices”, with Venky Venkateswaran. Discussant: Patrick Pintus (Aix-Marseille School of Economics) 10.40am-11.10am: Coffee Break Session 5 11.10am -12.00pm • Juan Carlos Hatchondo (Indiana U. and Richmond Fed). “International Reserves and Rollover Risk”, with Javier Bianchi and Leonardo Martinez. Discussant: Marija Vukotic (University of Warwick) 12.00pm -12.50pm • Philippe Bacchetta (University of Lausanne). “The Great Recession: A Self-Fulfilling Global Panic”, with Eric van Wincoop. Discussant: Nicola Borri (Luiss University) 12.50pm Closing