4th Annual Caress-Cowles Conference on General Equilibrium and its Applications

April 18-20, 2008

286-7 McNeil Building, 3718 Locust Walk, Philadelphia, PA 19104-6297

FRIDAY
10:45 George Mailath (University of Pennsylvania), Opening Remarks
11:00 John Geanakoplos (Yale University), “Credit Cards and Inflation” (with Pradeep Dubey)
12:30 Lunch
1:30 Costas Xiouros (Marshall School of Business, USC), “Heterogeneous Agents and Asset Prices in Complete Markets” (with Fernando Zapatero)
3:00 Break
3:10 Karl Schmedders (MEDS, Northwestern University), “Competitive Equilibrium in Semi-Algebraic Economies” (with Felix Kubler)
4:40 Break
4:50 Jonathan Pogach (University of Pennsylvania), “Robustness of the Uniqueness of Walrasian Equilibrium with Log-Linear Utilities” (with the other participants in the Equilibrium Theory Seminar at Penn in the Spring of 2006)
5:50 Break
6:00 Elena del Mercato (Università degli Studi di Salerno), “Externalities, Consumption Constraints and Regular Economies” (with Jean-Marc Bonnisseau)
7:30 Conference Reception in the Atrium of the McNeil Building
SATURDAY
8:00 Continental Breakfast
9:00 Pablo Beker (University of Warwick), “Economic Survival when Markets are Incomplete” (with Subir Chattopadhyay)
10:30 Break
10:45 Stavros Panageas (Wharton School, University of Pennsylvania), “Young, Old, Conservative and Bold: The Implications of Heterogeneity and Finite Lives for Asset Pricing” (with Nicolae Garleanu)
12:15 Lunch
1:30 Eva Cárceles-Poveda (SUNY at Stony Brook and IAE), “Equity Financing” (with Alexis Anagnostopoulos and Albert Marcet)
3:00 Break
3:15 Antonio Penta (University of Pennsylvania), “Collective Bargaining and Walrasian Equilibrium
4:45 Break
5:00 Jose Heleno Faro (IMPA, Brazil), “Cost Functions of Incomplete Markets” (with Aloisio Aruajo and Alain Chateauneuf)
7:30 Conference Dinner at Ristorante Mezza Luna, 763 South 8th Street)
SUNDAY
8:00 Continental Breakfast
9:00 Harold Cole (University of Pennsylvania), “A Multiplier Approach to Understanding the Macro Implications of Household Finance” (with YiLi Chien and Hanno Lustig)
10:30 Break
10:45 Andres Carvajal (University of Warwick), “No-Arbitrage, State Prices and Trade in Thin Financial Markets” (with Marek Weretka)

Participants

Roko Aliprantis
Beth Allen
Alexis Anagnostopoulos
Robert M. Anderson
Aloisio Araujo
Jinhui Bai
Pablo Beker
Alberto Bisin
Gaetano Bloise
Larry Blume
Eva Cárceles-Poveda
Andrés Carvajal
Danni Catambay
Subir Chattopadhyay
Hongseok Choi
Alessandro Citanna
Hal Cole
Cristiano Costa
Sean Crockett
Elena del Mercat
John Donaldson
Jan Eeckhout
Raphael Espinoza
José Heleno Faro
Bruno Funchal
Jayant Ganguli
John Geanakoplos
Daniel Harenberg
Matthew Hoelle
Richard Kihlstrom
Philipp Kircher
Dirk Krueger
Maxym Kryshko
Felix Kubler
Michael Magill
Alberto Martin
V. Filipe Martins-da-Rocha
Stavros Panageas
Antonio Penta
Tito Pietra
Jonathan Pogach
Herakles Polemarchakis
Daniela Puzzello
Martine Quinzii
Catherine Rouzaud
David Russo
Guido Ruta
Karl Schmedders
Dmitry A. Shapiro
Paolo Siconolfi
Steve Spear
Sergei Stepanchuk
Filippo Taddei
Mario Tirelli
Sergio Turner
Liang Wang
Xi Weng
Marek Weretka
Randall Wright
Costas Xiouros
Fernando Zapatero