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CU/PSU Macroeconomics Conference

Sat, 09/27/2014 - 8:30am to Sun, 09/28/2014 - 1:00pm

CU/PSU Macroeconomics Conference

226 Weill Hall

Guest WiFi Instructions



Co-Director:  Karl Shell (Cornell)
Co-Director:  Neil Wallace (Penn State)
Acting Co-Director:  Russell Cooper (Penn State)

September 27-28, 2014
at Cornell University

SATURDAY, September 27
Fleming Lecture Room – 226 Weill Hall

                                    8:00 – 8:55                  Continental Breakfast

                                    8:55 – 9:00                  Karl Shell (Cornell), Welcome & Introduction

                                    Saturday morning chair:  Julieta Caunedo (Cornell)

                                    9:00 – 10:00                Russell Cooper (Penn State)
                                    Monetary Policy and Debt Fragility

                                    10:00 – 10:15              Coffee Break

10:15 - 11:15               Stephanie Schmitt-Grohe (Columbia)
The Making of a Great Contraction with a Liquidity Trap and a Jobless Recovery

                                    11:15 – 12:15              Bruno Sultanum (Penn State)
                                    Bank Fragility in a Model of Over-the-Counter Inter-Bank Markets

                                   12:15 – 1:30                Lunch

Saturday afternoon chair:  Christopher Huckfeldt (Cornell)


1:30 – 2:30                  Todd Keister (Rutgers)
Expectations and Fundamentals in Banking Panics:  When Do Bailouts Improve Financial Stability?

                                    2:30 – 3:30                  Shouyong Shi (Penn State)                                          
                                    Financial Frictions, Investment Delay and Asset Market Interventions

                                    3:30 – 3:45                  Coffee Break

                                    3:45 – 4:45                  Jess Benhabib (NYU)
                                   Private Information and Sunspots in Sequential Asset Markets

6:30                             Dinner (for out-of-town participants and specifically invited Cornellians) at the Cornell Plantations; Brian C. Nevin Welcome Center


SUNDAY, September 28
Fleming Lecture Room – 226 Weill Hall

8:00 – 9:00                  Continental Breakfast

Sunday morning chair:  Karel Mertens (Cornell)

9:00 – 10:00                Martin Uribe (Columbia)
A Model of the Twin Ds:  Optimal Default and Devaluation

10:00 – 10:15              Coffee Break

10:15 – 11:15              S. Mohammadreza R. Davoodalhoseini (Penn State)
Constrained Efficiency with Search and Information Frictions

11:15 – 12:15              Francesco Bianchi (Cornell)
 Escaping the Great Recession

12:15 – 2:00                Lunch


Conference Administrators:

Amy Moesch (weekdays only):; 255-5617

Isha Agarwal (weekend only):; 607-319-6960

Hunter Blair (weekend only):; 478-335-2122

Raimund G. Riedl (weekend only):; 607-379-5374

Map of the Cornell Campus and Conference Site

Directions from State College, PA to the Statler Hotel, Ithaca, NY

Directions from Statler Hotel to 917 Wyckoff Road for Faculty dinner, Friday evening (NEW)

Driving Directions from the Statler Hotel to the Plantations Welcome Center

Walking Directions from Weill Hall to the Plantations Welcome Center


Event Categories: Conference and Department Lectures Organized by Cornell Economists