8th Annual Conference on General Equilibrium and its Applications

April 27-29, 2012

FRIDAY
12:30 Lunch and Registration
1:50 Opening Remarks
  SESSION 1. SENTIMENTS AND SYSTEMATIC RISK
2:00 George-Marios Angeletos (MIT and NBER), “Sentiments” (with Jennifer La’O) [Slides]
2:50 Zhiguo He (University of Chicago Chicago, Booth), “A Macroeconomic Framework for Quantifying Systemic Risk” (with Arvind Krishnamurthy) [Slides]
3:40 Break
  SESSION 2. GE MODELS WITH HETEROGENEOUS AGENTS: EXISTENCE AND WELFARE
4:10 Thomas M. Mertens (Stern NYU), “Equilibrium Existence and Approximation for Incomplete Market Models with Substantial Heterogeneity” (with Kenneth L. Judd)
5:00 Wei Xiong (Princeton University), “A Welfare Criterion for Models with Distorted Beliefs” (with Markus K. Brunnermeier and Alp Simsek)
7:30 Dinner, Union League Cafe, 1032 Chapel Street
SATURDAY
8:30 Continental Breakfast
9:30 Stephen Ross (MIT), “The Recovery Theorem” [Slides]
10:20 Break
  SESSION 3. CREDIT AND THE REAL ECONOMY
10:40 Tobias Adrian (Federal Reserve Bank of New York), “Which Financial Frictions? Parsing the Evidence from the Financial Crisis of 2007-9?” (with Paolo Colla and Hyun Song Shin) [Slides]
11:30 Péter Kondor (Central European University), “Inefficient Investment Waves” (with Zhiguo He) [Slides]
12:20 Lunch
  SESSION 4. FINANCIAL INNOVATION, BUBBLES AND LEVERAGE
2:00 Javier Bianchi (Wisconsin and NYU), “Macro-prudential Policy in a Neo-Fisherian Model of Financial Innovation” (with Emine Boz and Enrique G. Mendoza) [Slides]
2:50 Ana Fostel (George Washington University), “Tranching, CDS, and Asset Prices: How Financial Innovation Can Cause Bubbles and Crashes” (with John Geanakoplos) [Slides]
3:40 Break
4:10 Anton Korinek (Maryland University), “Bailouts and Financial Innovation: Market Completion Versus Rent Extraction” [Slides]
5:00 Rodolfo Prieto (Boston University), “Arbitrageurs, Bubbles, and Credit Conditions” (with Julien Hugonniery) [Slides]
SUNDAY
8:00 Continental Breakfast
  SESSION 5. LIQUIDITY, TRANSACTIONS COSTS AND SPEED
9:00 Emiliano Pagnotta (NYU Stern), “Competing on Speed” (with Thomas Philippon) [Slides]
9:50 Bernard Dumas (INSEAD, NBER and CEPR), “The Equilibrium Dynamics of Liquidity and Illiquid Asset Prices” (with Adrian Buss) [Slides]
10:40 Break
  SESSION 6. GOALS OF PRODUCTION AND CONSUMPTION
11:00 Martine Quinzii (University of California Davis), “A Theoretical Foundation for the Stakeholder Corporation” (with Michael Magill and Jean-Charles Rochet) [Slides]
11:40 Victor Filipe Martins-da-Rocha (FGV/EPGE), “Output Contingent Securities and Efficient Investment by Firms” (with Luis H.B. Braido) [Slides]
12:00 Philip H. Dybvig (Washington University in St. Louis), “High Hopes and Disappointment” (with Chris Rogers) [Slides]
1:00 Lunch and Adjourn

Addendees

Tobias Adrian (Federal Reserve Bank of NY)
George-Marios Angeletos (MIT & NBER)
Beth Allen (University of Minnesota)
Javier Bianchi (Wicsonsin & NYU)
Pablo Beker (University of Warwick, UK)
Gaetano Bloise (University of Rome III)
Luis Braido (Getulio Vargas Foundation)
Jonathan Burke (Pepperdine University)
Adrian Buss (Goethe University Frankfurt)
Dan Cao (Georgetown University)
Andres Carvajal (University of Warwick, UK)
Alessandro Citanna (HEC Paris)
Pablo Colla (Università Bocconi)
Sean Crockett (Baruch Univ., City Univ. of NY)
Gang Dong (Rutgers University & Columbia University)
Anastasios (Tasos) Dosis (Warwick University)
Bernard Dumas (Instead Paris)
Jayant Ganguli (University of Nottingham)
John Geanakoplos (Yale University)
Zhiguo He (University of Chicago, Booth)
Matthew Hoelle (European University Institute)
Nikolaos Kokonas (University of Warwick, UK)
Peter Kondor (Central European University)
Anton Korinek (University of Maryland)
Mordecai Kurz (Stanford University)
Victor Filipe Martins Da Rocha (Getulio Vargas Fdn.)
Michael Magill (University of So. California)
Thomas Mertens (New York University)
Emiliano Pagnotta (NYU Stern)
Udara Peiris (University of Warwick)
Herakles Polemarchakis (University of Warwick)
Rodolfo Priesto (Boston University)
Stephen Ross (MIT)
Martine Quinzii (University of California-Davis)
Catherine Rouzaud (Univ. Paris)
Paolo Siconolfi (Columbia University)
Alp Simsek (Harvard University)
Stephen Spear (Carnegie-Mellon University)
Mario Tirelli (Universita degli Studi Roma Tre)
Aleh Tsyvinski (Yale University)
Alexandros Vardoulakis (Banque de France)
Marek Weretka (University of Wisconsin-Madison)
Jan Werner (University of Minnesota)
Wei Xiong (Princeton University)

Conference Frequently Asked Questions


Yale provides visitors two Wi-Fi network options:

  • YaleGuest
  • Eduroam

YaleGuest is a public, insecure wireless network available for anyone’s use, but has limited network access. Due to security reasons, certain programs and functionality may not be accessible via the YaleGuest network, e.g., Dropbox, Skype, and Box.  

If possible, we recommended you use the Eduroam wireless network.  Eduroam (education roaming) is a secure, world-wide roaming access service that allows students, researchers and staff from participating institutions to obtain Internet connectivity across campuses when visiting other participating institutions.

If your institution is a partneraccess the Eduroam network by selecting Eduroam from the Wi-Fi list on your mobile device and sign-in using your home institution’s credentials*. View Eduroam’s complete listing of U.S. participating schools; International visitors can look for institutional listings on this country page.

For additional details, please contact your institution’s IT department or search your institution’s support page.

*Credential format is typically ID@UniversityName.edu, e.g., YaleNetID@yale.edu or SUNetID@win.stanford.edu

The conference will be held at the Yale School of Management (SOM), Evans Hall located at 165 Whitney Ave and is about a 15 minute walk from the Omni Hotel. The easiest route to SOM from the Omni Hotel is to go north on Temple St. which merges into Whitney Avenue. SOM will be on the right side of the street across from the Peabody Museum (see map below).

For travel expense reimbursement for the Cowles GE Conference, please send the following items by Friday, May 18, 2018.

For travel expense reimbursement for the Cowles Summer Conferences, please send the following items by Friday, September 7, 2018.

For travel expense reimbursement for the Peter Philips Conferences, please send the following items by Friday, November 23, 2018.

FOR ALL PARTICIPANTS

FOR INTERNATIONAL VISITORS ONLY
 

IF YOU HOLD A B1/B2/WB/WT VISA:

IF YOU HOLD A G4/H-1B/J1/01 VISA:

IF YOU HOLD A F1 VISA:

Send original receipts, completed travel reimbursement form, and applicable international forms to:

Darlene Smith
Event & Visitor Assistant Administrator
Cowles Foundation at Yale University
30 Hillhouse Avenue
P.O. Box 208281
New Haven, CT 06520

Email questions to Darlene Smith

Contacts

The conference sessions are held on the second floor in Evans Hall at the Yale School of Management. Restrooms can be found on the perimeter of the building along the sides and back of the building.

Click to enlarge

The Cowles Foundation is located in the heart of Yale’s campus at 30 Hillhouse Avenue.  Use theYale online campus map to help find your way around.

If you need assistance with an Omni Hotel room reservation, please contact Alyson Perri, Convention Services Manager, Omni Hotels.

In cases of emergency, contact the appropriate department listed below:

You can also report a crime or send an anonymous text tip through our Bulldog Mobile (LiveSafe) app. (To register for Bulldog Mobile please visit the Yale LiveSafe page)

For addtional emergency information, visit the Yale Emergency Management website.

Yes, a shuttle bus will be arranged to drive between the hotel and conference location. Typically, an announcement will be sent out from Darlene Smith the day before with additional information.