2nd Annual Caress-Cowles Conference on General Equilibrium and Its Applications

April 28-30, 2006

12:00 Lunch
1:20 Opening Remarks
1:30 Alessandro Citanna (HEC-Paris), “Recursive Equilibrium in OLG Economies with Uncertainty” (with P. Siconolfi)
3:00 Break
3:10 Sergio Turner (Brown University), “How Large is a Policy’s Pareto Improvement When Asset Markets Are Incomplete?” (with M. Tirelli)
4:40 Break
5:00 Guillaume Rocheteau (Federal Reserve Bank of Cleveland), “General Equilibrium with Nonconvexities, Sunspots, and Money” (with P. Rupert, K. Shell and R. Wright)
7:30 Dinner, Union League Cafe
8:00 Continental Breakfast
9:00 Giovanni Violante (New York University), “The Macroeconomic Implications of Rising Wage Inequality in the United States” (with J. Heathecoate and K. Storesletten)
10:30 Break
10:40 Ana Fostel (George Washington University), “A Supply Story: Emerging Markets, High Yield and Primary Market Closures”
12:10 Lunch
1:30 David Cass (University of Pennsylvania), “Multiplicity and Sunspots in General Financial Equilibrium with Portfolio Constraints” (with S. Basak, J. M. Licari and A. Pavlova)
3:00 Break
3:10 Laura Carosi (University of Pisa-Italy), “Endogenous Restricted Participation in General Financial Equilibrium” (with A. Villanacci)
4:40 Break
5:00 Yves Balasko (Paris-Jourdan Sciences Economiques), “Out-of-Equilibrium Price Dynamics”
7:30 Dinner, Scoozzi Trattoria and Wine Bar
8:00 Continental Breakfast
9:00 Daniela Puzzello (University of Kentucky), “Anonymous Markets and Monetary Trading” (with C.D. Aliprantis and G. Camera)
10:30 Break
10:40 Paul Willen (Federal Reserve Bank of Boston), “Collateralized Borrowing and Life-Cycle Portfolio Choice” (with F. Kubler)
11:45 Felix Kubler (University of Mannheim), “Leverage, Incomplete Markets, and Pareto Improving Regulation” (with J. Geanakoplos)
12:45 Lunch

List of Participants

Roko Aliprantis
Beth Allen
Aloisio Araujo
Yves Balasko
Jonathan Burke
Andres Carvajal
Laura Carosi
David Cass
Alessandro Citanna
Bernard Cornet
Sean Crockett
Elena L. Del Mercato
Mei Dong
Pradeep Dubey
Ana Fostel
Ioannis Garos
John Geanakoplos
Piero Gottardi
Kostas Koufopoulos
Maxym Kryshko
Takuma Kunieda
Felix Kubler
Juan Licari
Michael Magill
Antoine Mandel
Alberto Martin
Petros Milionis
Antonio Penta
Tito Pietra
Jonathan Pogach
Herakles Polemarchakis
Daniela Puzzello
Martine Quinzii
Alvaro Jose Riascos
Guillaume Rocheteau
Catherine Rouzaud
Chris Shannon
Karl Shell
Paolo Siconolfi
Lones Smith
Steve Spear
Filippo Taddei
Ross Starr
Mario Tirelli
Dimitri Tsomocos
Norovsambuu Tumennasan
Sergio Turner
Giovanni Violante
Marek Weretka
Jan Werner
Paul Willen
Randall Wright