Schedule:
 

Week of Presenter Topic Remarks
1/14 Pete Klenow
(Stanford University)		 Misallocation and Manufacturing TFP in China and India, (Hsieh, Klenow, 2007)
State-Dependent or Time-Dependent Pricing: Does It Matter for Recent U.S. Inflation?, (Klenow, Kryvtsov, 2007)		 Description
1/23 Costas Azariadis
on empirics of growth and convergence
The poverty of nations: a quantitative investigation, (Chari, Kehoe, McGrattan, 1997, Fed of Minneapolis Staff Report #204)
Empirics of growth and development, (Durlauf, Kourtelos, Tan, 2005, SSRI Report # 2005-16)
Measures of human capital and nonlinearities in economic growth, (Kalaitzidakis, T.Mamouneas, A.Savvides, and T.Stengos, 2001, J of Econ Growth)
1/28 Costas Azariadis on empirics of growth and convergence
2/4 Patrick Pintus
(Fed of St. Louis)		 Topics in international economics: Syllabus, Slides
North-South Lending and Endogenous Domestic Capital Market Inefficiencies, (Gertler, Rogoff, 1990, JME)
Capital Market Imperfections, International Credit Markets, and Nonconvergence, (Boyd, Smith, 1997, JET)
Capital Flight, North-South Lending, and Stages of Economic Development, (Sakuragawa, Hamada, 2001,IER)
2/11 Patrick Pintus
(Fed of St. Louis)		 Topics in international economics: Syllabus, Slides
Financial Market Globalization, Symmetry-Breaking and Endogenous Inequality of Nations, (Matsuyama, 2004, Econometrica)
Financial Development and the Instability, (Aghion, Bacchetta, Banerjee, 2004, JME)
Balance Sheets, the Transfer Problem, and Financial Crises, (Krugman, 1999, ITPF)
Procyclical International Capital Flows, Debt Overhang and Volatility, (Pintus, 2007)
2/18 Costas Azariadis on asset prices
The Equity Premium: A Puzzle, (Mehra, Prescott ,1985, JME)
2/25 Costas Azariadis on asset prices
Efficiency, Equilibrium, and Asset Pricing with Risk of Default, (Alvarez, Jermann, 2000, Econometrica)
Rare Events and the Equity Premium, (Barro, 2005, NBER)
Asset Pricing with Idiosyncratic Risk and Overlapping Generations, (Storesletten, Telmer, Yaron, 2007, RED)
Asset Price Fluctuations without Aggregate Shocks, (Azariadis, Kaas, 2007, JET)
Monday 3/3 Costas Azariadis on asset prices
Wed 3/5 Yi Wen
(Fed of St. Louis) 		on impact of technology shocks and the relationship between growth and fluctuations
A Defense of RBC: Understanding the Puzzling Effects of Technology Shocks, (Wang, Wen, 2007)
Endogenous Volatility, Endogenous Growth, and Large Welfare Gains from Stabilization Policies, (Wang, Wen, 2007)
3/10 spring break
Monday 3/17 Yi Wen
(Fed of St. Louis) 		on impact of technology shocks and the relationship between growth and fluctuations
Wed 3/19 Costas Azariadis on asset prices
3/24 Leo Kaas
University of Konstanz		 Coordination unemployment and search: Syllabus
Pricing and Matching with Frictions,(Burdett, Shi, Wright, 2001, JPE)
The Assignment of Workers to Jobs in an Economy with Coordination Frictions, (Shimer, 2005, JPE)
Variable Search Intensity in an Economy with Coordination Unemployment, (Kaas, 2007)
3/31 Riccardo DiCecio
(Fed of St. Louis)		 Endogenous TFP: Syllabus
4/7 Carlos Garriga
(Fed of St. Louis)		 The role of housing in dynamic general equilibrium
Accounting for Changes in the Homeownership Rate, (Chambers, Garriga, Schlagenhauf, 2008, IER)
The Tax Treatment of Homeowners and Landlords and the Progressivity of Income Taxation, (Chambers, Garriga, Schlagenhauf, 2007)
4/14 Lee Ohanian
(UCLA)		 on analyzing depressions, crises, and booms: Syllabus, Notes
New Deal Policies and the Persistence of the Great Depression, (Cole, Ohanian, 2004, JPE)
The Great Depression in the United States from a Neoclassical Perspective, (Cole, Ohanian, 1999, Minneapolis Fed Quarterly)
Business Cycle Accounting, (Chari, Kehoe, McGrattan, 2007, Econometrica)
What - or Who - Started the Great Depression?, (Ohanian, 2008)
On the Aggregate Welfare Cost of Great Depression Unemployment, (Chatterjee, Corbae, 2004, JME)
4/21 Carlos Garriga
(Fed of St. Louis)		 on computation of dynamic macro models