Summer Workshop June 25 & 26th, 2018

9th Summer Workshop in Macro-Finance

The event is co-sponsored by Sciences Po, the Banque de France, with the financial support from the European Research Council (ERC) under the European Community’s Seventh Framework Programme (FP7/2007-2013 Grant Agreement no. 336748) for Nicolas Cœurdacier's ERC project INFINHET.

Co-organizers : Nicolas Cœurdacier (Sciences Po), Gaetano Gaballo (Banque de France), and Cyril Monnet (U. Bern)

If you would like to attend please contact Sandrine Le Goff by email for free registration.

Program of the workshop

Program of the 9th Summer Macro-Finance Workshop (PDF, 316 Ko)

Monday, June 25th, 2018

Location: Amphitheater Erignac, SciencesPo, 13 rue de l’Université, 75007 Paris.

9:00 Welcome and Coffee

09:30 Start of the workshop

Credit Markets and Asset Prices

09:30-10:30  Francois Geerolf (UCLA)

Asset Pricing without Risk Aversion

10:30-11:30 Gadi Barlevy (Chicago Fed)

On Interest Rate Policy and Asset Bubbles, joint with F. Allen and D. Gale

11:30  Coffee Break

11:45-12:45  Peter Kondor (LSE)

On the Origin of Core and Periphery Countries, joint with M. Farboodi

12:45-14:00 Buffet Lunch

Fiscal Policy

14:00-15:00  Axelle Ferriere (EUI)

The Heterogeneous Effects of Government Spending: It's All About Taxes, joint with Gaston Navarro

15:00-16:00  Sarolta Laczo (Queen Mary University)

Pareto-Improving Optimal Capital and Labor Taxes, joint with K. Greulich and A. Marcet

16:00  Coffee Break

19.30  Dinner

Location : La Petite Chaise, 36, rue de Grenelle, 75007 Paris.

Tuesday, June 26th, 2018

Location : Amphitheater Erignac, SciencesPo, 13 rue de l’Université, 75007 Paris.

Monetary Policy and Economic Fluctuations

09:30-10:30  Eric Mengus (HEC Paris)

Implicit Fiscal Guarantee for Monetary Stability, joint with G. Gaballo

10:30-11:30  Alp Simsek (MIT)

A Risk-Centric Model of Demand Recessions and Macroprudential Policy, joint with R. Caballero

11:30-11:45  Coffee Break

11:45-12:45  Claudio Michelacci (EIEF)

The extensive margin of aggregate consumption demand, joint with L. Paciello and A. Pozzi

12:45  Buffet Lunch 

Previous workshops

Summer Workshop 2011 (PDF 55Ko)

Summer Workshop 2012 (PDF 28Ko)

Summer Workshop 2013 (PDF 53 Ko)

Summer Workshop 2014 (PDF 233 Ko)

Summer Workshop 2015 (PDF 654 Ko)

Summer Workshop 2016 (PDF 413Ko)

Summer Workshop 2017 (PDF 252Ko)