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CSEF - Center for Studies in Economics and Finance

12 June 2018 – 13 June 2018
Conference on "New Issues in Macroeconomics"

Monday, 11 June 2018

19.30 Reception and Dinner - Giardino Mediterraneo

Tuesday, 12 June 2018

9.15 - 9.30 Welcome address

Morning Session - Chair: Saverio Simonelli (CSEF)

09.30 – 10.30 Morten Ravn (University College London)
Sentimental Business Cycles (joint with Andresa Lagerborg and Evi Pappa)
Discussant: Luigi Iovino (Bocconi University)

10.30 - 11.00 Coffee Break

11.00 - 12.00 Sergio Rebelo (Northwestern University)
Markups Across Space and Time (joint with Nir Jaimovich and Arlene Wong)
Discussant: TBA

12.00 – 13.00 Giancarlo Corsetti (Cambridge University)
Markets and Markups: A New Empirical Framework and Evidence on Exporters from China (joint with Meredith Crowley, Lu Han and Huasheng Song)
Discussant: Leonardo Melosi (Federal Reserve Bank of Chicago)

13.00- 14.30 Lunch

Afternoon Session - Chair: Klaus Adam (University of Mannheim)

14.30 - 15.30 David Rezza Baqaee (London School of Economics)
Productivity and Misallocation in General Equilibrium (joint with Emmanuel Farhi)
Discussant: Claudio Michelacci (Einaudi Institute for Economics and Finance)

15.30 – 16.30 Vincent Sterk (University College London)
The Nature of Firm Growth (joint with Ben Pugsley and Petr Sedlacek)
Discussant: Andresa Lagerborg (European University Institute)

20.00 Reception and Dinner (by invitation only)

Wednesday, 13 June 2018

Morning Session - Chair: Sergio Rebelo (Northwestern University)

09.30 - 10.30 Klaus Adam (Mannheim University)
Stock Prices and Economic Activity (joint with Sebastian Merkel)
Discussant: Jean-Paul L’Huillier (Brandeis University)

10.30 - 11.00 Coffee Break

11.00 - 12.00 Luigi Pistaferri (Stanford University)
Consumption Network Effects (joint with Giacomo De Giorgi and Anders Frederiksen)
Discussant: Paolo Surico (London Business School)

12.00 – 13.00 Marco DI Maggio (Harvard Business School)
Stock Market Returns and Consumption (joint with Amir Kermani and Kaveh Majlesi)
Discussant: Kurt Mitman (Stockholm University)

13.00- 14.30 Lunch

Afternoon Session - Chair: Morten Ravn (University College London)

14.30 - 15.30 John Leahy (University of Michigan)
The Economics of Wishful Thinking
Discussant: Nicola Pavoni (Bocconi University)

Klaus Adam (Mannheim University)
Morten Ravn (University College London)
Sergio Rebelo (Northwestern University)
Saverio Simonelli (University of Naples Federico II and CSEF)