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2012 Cologne Workshop on Macroeconomics


The Center for Macroeconomic Research (CMR) 2012 “Cologne Workshop on Macroeconomics” took place at the University of Cologne on October, 1-2

Monday, Oct 1

 

09:50

Alexander Ludwig (CMR, University of Cologne): Welcoming Participants

 

 

Session 1

 

10:00 to 10:50

Klaus Adam (University of Mannheim): Optimal Sovereign Default
Discussant: Alexander Ludwig (University of Cologne)

 

 

10:50 to 11:10

Coffee Break

 

 

11:10 to 12:00

Burak Uras (Tilburg University): Long-Term Investment and Collateral Building with Limited Contract Enforcement
Discussant: Ctirad Slavik (Goethe University Frankfurt)

12:00 to 12:50 Johannes Brumm (University of Zurich): Collateral Constraints, Idiosyncratic Risk, and Aggregate Fluctuations
Discussant: Plamen Nenov (Norwegian Business School)

12:50 to 14:30

Lunch

Poster Session

14:30 to 15:30

Luke Haywood (DIW Berlin): Looking for Jobs with Good Pay and Good Working Conditions
Plamen Nenov (Norwegian Business School): Labor Market and Regional Reallocation Effects of Housing Busts
Ansgar Rannenberg (Deutsche Bundesbank): Asymmetric Inforamation in Credit Markets, Bank Leverage Cycles and Macroeconomic Dynamics
Petr Sedlácek (Bonn University): Firm Age Business Cycles and Aggregate Labor Market Dynamics
Ctirad Slavik (Goethe University Frankfurt): Machines, Buildings, and Optimal Dynamic Taxes
Felix Wellschmied (Bonn University): Savings Behavior and Means-tested Programs
Dmytro Hryshko (University of Alberta): Moving to a Job: The Role of Home Equity, Debt, and Access to Credit
Christopher Busch (University of Cologne): The Welfare Costs of Business Cycles in a Multisectoral Model
Kerstin Burghaus (University of Cologne): Productivity Growth, GDP Declaration, and Quantity Degrowth in a World with Pollution and Green Innovation
Christian Geppert (University of Cologne): Risky Human Capital, Aging, and the Equity Premium

15:30 to 15:50

Coffee Break

 

 

Parallel Session 1A

15:50 to 16:40

Hans-Martin von Gaudecker (University of Bonn): How Taxes and Social Security Rules Affect Labor Supply Before and During Retirement
Discussant: Luke Haywood (DIW Berlin)

16:40 to 17:30

Peter Haan (DIW Berlin): The Design of Unemployment Transfers: Evidence From a Dynamic Structural Life-Cycle Model
Discussant: Max Groneck (University of Cologne)

 

 

17:30 to 17:50

Coffee Break

 

 

17:50 to 18:40

Mu-Jeung Yang (University of Washington, Seattle): Micro-Level Misallocation and Selection: Estimation and Aggregate Implications
Discussant: Christian Bayer (University of Bonn)

Parallel Session 1B

 

 

15:50 to 16:40

Cezar Santos (University of Mannheim): Technology and the Changing Family
Discussant:

16:40 to 17:30

Sang Yoon (Tim) Lee (University of Mannheim): Nature and Nurture in the Transmission of Economic Status
Discussant: Thomas Schelkle (University of Cologne)

 

 

17:30 to 17:50

Coffee Break

 

 

17:50 to 18:40

David de la Croix (Université Catolique de Louvain): The Mean Life of Famous People from Hammurabi to Einstein
Discussant: Georgi Kocharkov (University of Konstanz)

20:00

Conference Dinner

Tuesday, Oct. 2

 

Parallel Session 2A

09:00 to 09:50

Falko Jüßen (TU Dortmund): Fiscal Policy, Sovereign Default, and Bailouts
Discussant: Michael Krause (Deutsche Bundesbank)

09:50 to 10:40

Christiane Baumeister (Bank of Canada): EUnconventional Monetary Policy and the Greast Recession: Estimating the Macroeconomic Effects of a Spread Compression at the Zero Lower Bound
Discussant: Tino Berger (University of Cologne)

 

 

10:40 to 11:00

Coffee Break

 

 

11:00 to 11:50

Emiliano Santoro (University of Copenhagen): Loss Aversion and the Transmission of Monetary Policy
Discussant: Petr Sedlácek  (Bonn University)

 

 

Parallel Session 2B

09:00 to 09:50

Björn Brüggemann (VU Universtiy Amsterdam): Welfare Effects of Short-Time Compensation
Discussant: Moritz Kuhn (Bonn University)

09:50 to 10:40

Philip Jung (Bonn University): Optimal Labor-Market Policy in Recessions
Discussant: Christian Merkl (University of Erlangen)

 

 

10:40 to 11:00

Coffee Break

 

 

11:00 to 11:50

David Berger (Northwestern University): Consumption Dynamics During the Great Recession
Discussant: Rüdiger Bachmann (University of Aachen)

 

 

11:50 to 13:30

Lunch

Session 2

13:30 to 14:20

Marcus Hagedorn (IHS, Wien): Identifying Sorting
Discussant: Dmytro Hryshko (University of Alberta)

14:20 to 15:10

Marek Kapicka (UC Santa Barbara): Optimal Taxation in a Life-Cycle Economy with Endogenous Human Capital Formation (): I
Discussant: Martin Barbie (University of Cologne)

 

 

15:10 to 15:30

Coffee Break

 

 

15:30 to 16:20

Christian Hellwig (Université Toulouse): Hayek vs. Keynes: Incomplete Information and Price Adjustment
Discussant: Michael Reiter (IHS, Wien)

16:20 to 17.10 Chris Telmer: Monetary Policy and the Uncovered Interest Rate Parity Puzzle
Discussant: Michael Evers (Bonn University)

18:00

Dinner

19:30

Departure of bus to Cologne

 

 

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