Friday, Sept. 24

9:50

Alexander Ludwig (University of Cologne): Welcoming Participants

Session 1

10:00 to 10:50

Klaus Adam (University of Mannheim): “Booms and Busts in Asset Prices”
Discussant: Martin Barbie (University of Cologne)

10:50 to 11:40

Marcus Hagedorn (University of Zurich): “Search Frictions and Wage Dispersion”
Discussant: Helge Braun (University of Cologne)

11:40 to 12:00

Coffee Break

12:00 to 12:50

Leo Kaas (University of Konstanz): ”Efficient Firm Dynamics in a Frictional Labor Market”
Discussant: Rüdiger Bachmann (University of Michigan)

12:50 to 14:00

Lunch Break

Session 2

14:00 to 14:50

Steffen Habermalz (Northwestern University): “Rational Inattention and Employer Learning”
Discussant: Pawel Krolikowski (University of Michigan)

14:50 to 15:40

Moritz Kuhn (University of Bonn): “Labor market rigidity and business cycle volatility”
Discussant: Almut Balleer (IIES at Stockholm University)

15:40 to 16:00

Coffee Break

16:00 to 16:50

Sebastian Koehne (University of Mannheim): “Optimal Income Taxation with Asset Accumulation”
Discussant: Christian Hellwig (Toulouse)

16:50 to 17:40

Michael Burda (Humbolt University Berlin): “Payroll Taxes, Social Insurance and Business Cycles“
Discussant: Christian Merkl (IfW Kiel)

17:40 to 18:00

Coffee Break

18:00 to 18:50

Marek Kapicka (UC Santa Barbara): “Consumption risk sharing under private information when earnings are persistent“
Discussant: Philip Jung (University of Mannheim)

20:00

Conference Dinner

Saturday, Sept. 25

Session 3

9:00 to 9:50

Marten Hillebrand (Karlsruhe Institute of Technology): “Government Debt, Interest Policy, and Tax Stabilization in an Overlapping Generations Economy”
Discussant: Daniel Harenberg (University of Mannheim)

9:50 to 10:40

Wolfgang Kuhle (University of Mannheim): “The Optimum Structure for Government Debt”
Discussant: Dirk Paulsen (University of Cologne)

10:40 to 11:00

Coffee Break

11:00 to 11:50

Christoph Winter (University of Zürich): “Mortgage Loans, the Decline of the Household Saving Rate and the Increase in Risk-Sharing”
Discussant: Dirk Krüger (University of Pennsylvania)

11:50 to 12:40

Michael Reiter (IHS): “Approximate Aggregation in a Model of State-Dependent Pricing: A Temporary Equilibrium Approach“
Discussant: Alexander Ludwig (University of Cologne)

12:40 to 14:00

Lunch Break

14:00 to 15:00

Poster Session
Almut Balleer (IIES at Stockholm University “Cyclical Skill-Biased Technological Change”
Peter Haan (University of Frankfurt): “Longevity, Life-Cycle Employment and Fiscal Policy”
Pawel Krolikowski (University of Michigan): “Equilibrium Dynamics of Displaced Worker Earnings”
Alexander Ludwig (University of Cologne): “Optimal Progressive Taxation and Education Subsidies in a Model of Endogenous Human Capital Formation”
Christian Merkl (IfW Kiel): “Fiscal Multipliers and the Labour Market in the Open Economy”
Johannes Pfeifer (BGSE, Bonn): “How Uncertainty about Taxes Contributes to Macroeconomic Volatility”
Steven Sumner (University of San Diego): “Changes in Bank Equity and Changes in Interest Rate Sensitivity”

Session 4

15:00 to 15:50

David De La Croix (UC Louvain): “Do Brain Drain and Poverty Result from Coordination Failures?”
Discussant: Peter Funk (University of Cologne)

15:50 to 16:40

Alexander Bick (Goethe University, Frankfurt): “The Quantitative Role of Child Care for Female Labor Force Participation and Fertility”
Discussant: Georg Dürnecker (University of Mannheim)

16:40 to 17:00

Coffee Break

17:00 to 17:50

Edgar Vogel (University of Mannheim): “Human Capital and the Demographic Transition: Why Schooling Became Optimal”
Discussant: Peter Haan (University of Frankfurt)

17:50 to 18:40

Michele Tertilt (Stanford University): “An Equilibrium Model of the African HIV/AIDS Epidemic”
Discussant: David Jaeger (University of Cologne)