Canadian Macroeconomics Study Group, 28th Annual Meeting, McMaster University, November 7th and 8th, 2014

Canada-Day-ideaspp_w515_h675I have attended this week-end the 28th Annual Meeting of the Canadian Macroeconomics Study Group at McMaster University, Ontario, Canada. My coauthor Dana Galicia presented our joint work (with Paul Beaudry)  “Reconciling Hayek’s and Keynes’ Views of Recessions“.

I also discussed a interesting paper on the allocation of time in the U.S. and in France, written by Georg Duernecker (Mannheim) and Berthold Herrendorf (Arizona State University), “On the Allocation of Time“. You can find the paper on the webpage of Georg Duernecker and my discussion in the Discussions page of this website. 

Below is the full program of the CMSG.

Friday, November 7, 2014

Session 1: (Chair: Pau Pujolas)

9:00 – 9:45
Julien Bengui (Montréal) and Javier Bianchi (Wisconsin-Madison)
Capital Flow Management when Capital Controls Leak
Discussant: Yan Bai (Rochester)
9:45 – 10:30
Jacek Rothert (U.S. Naval Academy) and Jacob Short (UWO)
Non-Traded Goods and Capital Flows to Developing Countries
Discussant: Kevin Donovan (Notre-Dame)

Session 2: (Chair: Svetlana Demidova)

11:00 – 11:45
George Alessandria (Rochester), Horag Choi (Monash), and Kim Ruhl (NYU)
Trade Adjustment Dynamics and the Welfare Gains from Trade
Discussant: Joseph Steinberg (Toronto)
11:45 – 12:30
Kim Ruhl (NYU)
The Aggregate Impact of Antidumping Policies
Discussant: Wyatt Brooks (Notre Dame)

Session 3: Keynote Speaker (Introduction by Cesar Sosa-Padilla)

1:30 – 2:30
Enrique G. Mendoza (UPenn)
Optimal Domestic Sovereign Default (joint with Pablo N. D’Erasmo)

Session 4: (Chair: Marc-Andre Letendre)

2:45 – 3:30
Shouyong Shi (Penn State) and Christine Tewfik (Toronto)
Financial Frictions, Investment Delay and Asset Market Interventions
Discussant: Leonardo Martinez (IMF)
3:30 – 4:15
Antonio Doblas-Madrid (Michigan State) and Kevin Lansing (FRB San Francisco)
Credit-Fuelled Bubbles
Discussant: Huw Lloyd-Ellis (Queen’s)

Session 5: (Chair: Cesar Sosa-Padilla)

4:45 – 5:30
Daphne Chen (Florida State), Fatih Guvenen (Minessota), Gueorgui Kambourov (Toronto), and Burhan Kuruscu (Toronto)
Use It or Lose It: Efficiency Gains from Wealth Taxation
Discussant: Martin Gervais (Iowa)

5:30 – 7:00 Conference Reception. The Jean and Ross Fischer Gallery at the Art Gallery of Hamilton

Saturday, November 8, 2014.

Session 6: (Chair: Alok Johri)

9:00 – 9:45
Paul Beaudry (UBC), Dana Galizia (UBC) and Franck Portier (TSE)
Reconciling Hayek’s and Keynes’ Views of Recessions
Discussant: Hashmat Khan (Carleton)
9:45 – 10:30
Georg Duernecker (Mannheim) and Berthold Herrendorf (ASU)
On the Allocation of Time
Discussant: Franck Portier (TSE)

Session 7: (Chair: Shintaro Yamaguchi)

11:00 – 11:45
Matias Cortes (Manchester), Nir Jaimovich (Duke), Christopher Nekarda (FRB Board of Governors), and Henry Siu (UBC)
The Micro and Macro of Disappearing Routin Jobs: A Flows Approach
Discussant: Gueorgui Kambourov (Toronto)
11:45 – 12:30
Avihai Lifschitz (Tel Aviv), Ofer Setty (Tel Aviv) and Yaniv Yadid-Levi (UBC)
Who Cares about Unemployment Insurance?
Discussant: Aspen Gorry (Utah State)

Session 8: Bank of Canada Session (Chair: William Scarth)

1:30 – 2:15
Jinill Kim (Korea U.) and Francisco Ruge-Murcia (McGill)
Extreme Events and the Fed
Discussant: Allen Head (Queen’s)
2:15 – 3:00
Michael Plante (FRB Dallas), Alexander Richter (Auburn) and Nathaniel Throckmorton (Indiana)
The Zero Lower Bound and Endogenous Uncertainty
Discussant: Fernando Martin (FRB St. Louis)

Session 9: (Chair: Pau Pujolas)

3:30 – 4:15
Brant Abbot (Yale) and Giovanni Gallipolli (UBC)Skill Complementarity and the Geography of Intergenerational Mobility Discussant: Baris Kaymak (Montréal)

4:15 – 5:00
Ezra Oberfield (Princeton) and Devesh Raval (Federal Trade Commision)
Micro Data and Macro Technology
Discussant: Julieta Caunedo (Cornell)


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