The Cornell-PSU Macro Conference, Spring 2014
The Penn State University Campus
April 5 & 6, 2014
Saturday, April 5
MORNING SESSION – 8:30 AM – 12:30 PM – room 105 Rackley
8:30 AM
CONTINENTAL BREAKFAST
8:55 AM
GREETING
Chair: Karel Mertens
9:00 AM
Hoon Sik Yang (PSU student) “Essentiality of Multiple Fiat Assets
with Different Rates of Return”
10:00 AM
BREAK
10:15 AM
Maxim Troshkin (Cornell) "Providing Efficient Incentives to Work:
Retirement Ages and the Pension System"
11:20 AM
Bruno Sultanium (PSU student) “Equilibrium Bank-Runs
Revisited” (with D. Andolfatto and C. Nosal)
12:30 PM
LUNCH At The Nittany Lion Inn, (out-of-town attendees and
selected guests)
AFTERNOON SESSION: 2:00 PM – 5:30 PM - room 105 Rackley
Chair: Neil Wallace
2:00 PM
Alessandro Dovis (PSU) “Rethinking Optimal Currency Areas”
(with V.V. Chari and Patrick Kehoe)
3:00 PM BREAK
3:15 PM
Victor Tsyrennikov (Cornell) “Fiscal Policy, Sovereign Debt and
Default with Model Uncertainty”
4:30 PM
Roger Farmer (UCLA) “Asset Prices in a Lifecycle Economy”
6:30 PM
CONFERENCE DINNER – TBA (out-of-town attendees and
selected guests)
Sunday, April 6
MORNING SESSION: 8:30 AM – 12:20 PM - room 105 Rackley
8:30 AM
CONTINENTAL BREAKFAST
Chair: Ruilin Zhou
9:00 AM
Fernando Alvarez (U Chicago) “Small and Large Price Changes
and the Propagation of Monetary Shocks”
10:00 AM BREAK
10:15 AM
Julieta Caunedo (Cornell) “Efficiency with Equilibrium Marginal
Product Dispersion and Firm Selection”
11:20 AM
Varadarajan Chari (U Minnesota) “Financial Repression” with A.
Dovis and P Kehoe
12:20 PM
LUNCH and adjourn, lobby of the Kern Graduate Building