Macro/International
Reading Group
Spring 2011
Thursdays, 12:40 (SHARP) – 1:40pm in Evans 639 (bring your own lunch
if you want)
|
Date |
Presenter |
Paper |
|
20-Jan-11 |
Gabe |
Woodford, "Simple Analytics..." |
|
27-Jan-11 |
Mu-Jeung |
Cochrane, “Understanding Fiscal…" |
|
3-Feb-11 |
Slavik |
Kehoe and Midrigan, “Prices are Sticky After All” |
|
10-Feb-11 |
Gee Hee |
Neiman, “Stickiness, Synchronization…” |
|
17-Feb-11 |
Romain Ranciere (guest speaker) |
TBA |
|
24-Feb-11 |
Vladimir |
Benigno and Paciello, “Monetary Policy…" |
|
3-Mar-11 |
Johannes |
Hamilton and Wu, "The Effectiveness of…" |
|
10-Mar-11 |
Oleksa |
Engel, “The Real Exchange Rate…" |
|
17-Mar-11 |
Tim Cogley (guest speaker) |
TBA |
|
24-Mar-11 |
Spring break (no meeting) |
|
|
31-Mar-11 |
Yury |
Bems, Johnson, and Yi,
“Vertical Linkages…" |
|
7-Apr-11 |
Rachita |
Paravisini et al.,
“Dissecting the Effect...” |
|
14-Apr-11 |
Vico |
Fernandez-Villaverde et al, “Risk
Matters…" |
|
21-Apr-11 |
Dominick |
Jordà, Schularick,
and Taylor, “Financial Crises…" |
|
28-Apr-11 |
|
Please
send an email to ygorodni@econ.berkeley.edu
if you would like to receive announcements or would like to lead one of the
discussions.
Here is a list of
potentially interesting papers. Feel free to suggest others.
·
Brent Neiman,
“Stickiness, Synchronization, and Passthrough in Intrafirm Trade Prices”, http://faculty.chicagobooth.edu/brent.neiman/research/Intrafirm.pdf
·
Kehoe and Midrigan,
“Prices are Sticky After All,” http://www.nber.org/papers/w16364
·
Brent Neiman, “A
State-Dependent Model of Intermediate Goods Pricing,” http://www.nber.org/papers/w16283
·
Chevalier and Kashyap, “Best Prices,” http://papers.nber.org/papers/w16680
·
Douglas Davis and Oleg
Korenok, “Nominal Price Shocks in Monopolistically
Competitive Markets: An Experimental Analysis” http://www.nber.org/confer//2011/MEs11/davis.pdf
·
Emi Nakamura and Jon Steinsson,
“Price Setting in Forward-Looking Customer Markets” http://www.columbia.edu/~en2198/papers/habit.pdf
·
Oleksiy
Kryvtsov and Virgiliu Midrigan, “Inventories, Markups
and Real Rigidities in Menu Cost Models” http://www.aeaweb.org/aea/2011conference/program/retrieve.php?pdfid=461
·
Schoenle,
“International Menu Costs and Price Dynamics” http://www.aeaweb.org/aea/2011conference/program/retrieve.php?pdfid=639
·
Wang, “Inflation and
Welfare with Search and Price Dispersion” http://www.aeaweb.org/aea/2011conference/program/retrieve.php?pdfid=98
·
Jonathan Eaton, Samuel
Kortum, Brent Neiman, John Romalis,
“Trade and the Global Recession,” http://www.nber.org/papers/w16666
·
Òscar
Jordà, Moritz Schularick,
Alan M. Taylor, “Financial Crises, Credit Booms, and External Imbalances: 140
Years of Lessons,” http://www.nber.org/papers/w16567
·
Jesus Fernandez-Villaverde et al, “Risk Matters: The Real Effects of
Volatility Shocks,” http://www.econ.upenn.edu/~jesusfv/risk.pdf
·
Bems,
Johnson, and Yi, “Vertical Linkages and the Collapse of Global Trade” http://www.aeaweb.org/aea/2011conference/program/retrieve.php?pdfid=481
·
Daniel Paravisini, Veronica Rappoport,
Philipp Schnabl, Daniel Wolfenzon,
“Dissecting the Effect of Credit Supply on Trade: Evidence from Matched
Credit-Export Data” http://www.bus.umich.edu/Academics/Departments/Finance/Sem%20Papers/F%202010%20Paravisini.pdf
·
Charles Engel, “The
Real Exchange Rate, Real Interest Rates, and the Risk Premium” http://www.ssc.wisc.edu/~cengel/WorkingPapers/RealExchangeRate12-17-10.pdf
·
Jordi
Galí, “Are Central Banks' Projections Meaningful?” http://www.nber.org/papers/w16386
·
Pierpaolo
Benigno, Luigi Paciello,
“Monetary Policy, Doubts and Asset Prices” http://www.nber.org/papers/w16386
·
Cochrane,
“Understanding Fiscal and Monetary Policy in the Great Recession: Some
Unpleasant Fiscal Arithmetic” http://www.aeaweb.org/aea/2011conference/program/retrieve.php?pdfid=20
·
Chung et al.
“Macro-finance models of interest rates and the economy” http://www.frbsf.org/publications/economics/papers/2011/wp11-01bk.pdf
·
James Hamilton and
Jing Wu, “The Effectiveness of Alternative Monetary Policy Tools in a Zero
Lower Bound Environment” http://www.nber.org/confer//2011/MEs11/hamilton.pdf
·
Mulligan, “Does Labor
Supply Matter During a Recession? Evidence from the Seasonal Cycle,” http://www.nber.org/papers/w16357
·
Camille Landais, Pascal Michaillat,
Emmanuel Saez, “Optimal Unemployment Insurance over
the Business Cycle,” http://www.nber.org/papers/w16526
·
Yongsung
Chang, Sun-Bin Kim, Frank Schorfheide, “Labor-Market Heterogeneity,
Aggregation, and the Lucas Critique,” http://www.nber.org/papers/w16401
·
Roger Farmer, “Animal
Spirits, Persistent Unemployment and the Belief Function,” http://www.nber.org/papers/w16522
·
Pierpaolo
Benigno, Luca Antonio Ricci, Paolo Surico, “Unemployment and Productivity in the Long Run: The
Role of Macroeconomic Volatility,” http://www.nber.org/papers/w16374
·
Alan Krueger and
Andreas Mueller, “Job Search
and Job Finding in a Period of Mass Unemployment: Evidence from
High-Frequency Longitudinal Data” http://www.nber.org/confer//2011/EFGw11/Krueger.pdf
·
Robert Shimer, “Wage Rigidities and Jobless Recoveries” http://sites.google.com/site/robertshimer/research/workingpapers
·
Jonathan A. Parker,
Annette Vissing-Jorgensen, “The Increase in Income
Cyclicality of High-Income Households and its Relation to the Rise in Top Income
Shares,” http://www.nber.org/papers/w16577
·
Andrew Paciorek, Todd M. Sinai, “Does Home Owning Smooth the
Variability of Future Housing Consumption?” http://www.nber.org/papers/w16531
·
Jonathan A. Parker,
Nicholas S. Souleles, David S. Johnson, Robert
McClelland, “Consumer Spending and the Economic Stimulus Payments of 2008” http://papers.nber.org/papers/w16684
· Craig Burnside, Martin Eichenbaum, and
Sergio Rebelo, “Understanding Booms and Busts in Housing Markets” http://www.kellogg.northwestern.edu/faculty/rebelo/htm/Working_Papers_files/Booms-busts.pdf
·
Christiano, L., and
Fisher, J. (2000), “Algorithms for Solving Dynamic Models with Occasionally
Binding Constraints,” Journal of Economic Dynamics and Control, 24, 1179–1232. http://minneapolisfed.org/research/sr/sr171.pdf
·
Albert Marcet & David A. Marshall, 1994. "Solving
nonlinear rational expectations models by parameterized expectations:
convergence to stationary solutions," Working Paper Series, Macroeconomic
Issues 94-20, Federal Reserve Bank of Chicago. http://www.minneapolisfed.org/research/DP/DP91.pdf
·
Albert Marcet & David A. Marshall, “Convergence of Approximate
Model Solutions to Rational Expectation Equilibria Using the Method of
Parameterized Expectations," Economics Working Papers 17, Department of
Economics and Business, Universitat Pompeu Fabra.
·
Albert Marcet & Ramon Marimon, 1994.
"Recursive Contracts," Economics Working Papers 337, Department of
Economics and Business, Universitat Pompeu Fabra, revised Oct 1998. http://www.econ.upf.edu/docs/papers/downloads/337.pdf
·
Gallant, A. Ronald,
and George Tauchen (1989), ``Seminonparametric
Estimation of Conditionally Constrained Heterogeneous Processes: Asset Pricing
Applications,'' Econometrica 57, 1091-1120.
·
D. Abreu,
D. Pearce, and E. Stacchetti (1990), “Toward a Theory
of Discounted Repeated Games with Imperfect Monitoring,” Econometrica 58.
·
Roberto Chang.
“Credible Monetary Policy in an Infinite Horizon Model: Recursive Approaches,”
Journal of Economic Theory 81 (1998), 431-61.
·
Jesus Fernandez-Villaverde and Juan Rubio-Ramirez “Estimating Macroeconomic
Models: A Likelihood Approach” http://www.econ.upenn.edu/~jesusfv/Estimating_Macroeconomic_Models.pdf