12th Annual Conference on General Equilibrium and its Applications

April 30 - May 1, 2016

Saturday & Sunday: The Watson Center, 60 Sachem St., Room A74 [Map]

Organizers: Alessandro Citanna, John Geanakoplos, Ana Fostel, Felix Kubler, Matteo Maggiori, Herakles Polemarchakis, Paolo Siconolfi

*Speaker, when more than one author listed

8:30 Registration & Breakfast

*Gaetano Bloise and Alessandro Citanna (Yeshiva University),  “Coincidence of Equilibrium Under Secured or Unsecured Debt”

10:20 Sebastian Di Tella (Stanford University),  “Optimal Financial Regulation and the Concentration of Aggregate Risk”
11:10 Coffee Break
11:40 Emmanuel Farhi and *Matteo Maggiori (Harvard University),  “A Model of the International Monetary System”
12:30 Lunch
2:00 Kieran Walsh (University of Virginia),  “A Theory of Portfolio Choice and Partial Default”
2:50 Coffee Break
3:20 *Ricardo Lagos (New York University) and Shengxing Zhang (London School of Economics) “Turnover Liquidity and the Transmission of Monetary Policy”
4:10 Michael Magill (University of Southern California), *Martine Quinzii (University of California-Davis), and Jean-Charles Rochet (Toulouse School of Economics), “Unconventional Monetary Policy and the Safety of the Banking System” 
6:30 Dinner – Union League Café
8:30 Breakfast
9:30 Jinji Hao (Washington University in St. Louis), “Shadow Banking and Asset Pricing”
10:20 Felipe Iachan (FGV-EPGE),  Plamen Nenov (Norwegian Business School) and *Alp Simsek (Massachusetts Institute of Technology), “The Choice Channel of Financial Innovation”
11:10 Coffee Break
11:40 *Adrien Auclert (Princeton University), and Matthew Rognlie (Massachusetts Institute of Technology), “Inequality and Aggregate Demand”
12:30 Lunch
2:00 Elisabeth Proehl (University of Geneva and Swiss Finance Institute), “Computing the Cross-Sectional Distribution To Approximate Stationary Markov Equilibria with Heterogeneous Agents and Incomplete Markets” 
2:50 Coffee Break
3:10 Omer Acikgoz  (Yeshiva University), “On the Existence of Equilibrium in Bewley Economies with Production”


Omer Acikgoz (Yeshiva University)
Beth Allen (University of Minnesota)
Robert Anderson (University of California, Berkeley)
Adrien Auclert (Princeton University)
Gaetano Bloise (Yeshiva University)
Dan Cao​ (Georgetown University)
Alex Citanna (Yeshiva University)
Matt Darst (Federal Reserve Board of Governors)
Eduardo Davila (New York University Stern)
Sebastian Di Tella (Stanford University)
Ana Fostel (University of Virginia)
Georgios Galanis (University of Warwick)
John Geanakopolos (Yale University)
Feixue Gong (Williams College)
Jinji Hao (Washington University in St. Louis)
Ricardo Lagos (New York University)
Matteo Maggiori (Harvard University)
Michael Magill (University of Southern California)

Udara Peiris (Int’l College Econ & Fin Nat’l Res. Univ.)
Greg Phelan (Williams College)
Herakles Polemarchakis (University of Warwick)
Elisabeth Proehl (Univ Geneva & Swiss Finance Inst.)
Martine Quinzii (University of California – Davis)
Matthew Rognile (Massachusetts Institute of Technology)
Catherine Rouzaud (University Paris)
Ricardo Serrano-Padial (Drexel University)
Paolo Siconolfi​ (Columbia University)
Alp Simsek (
Massachusetts Institute of Technology)
Alexis Toda​ (University of California, San Diego)
Yiannis Vailakis (University of Glasgow)
Kieran Walsh (University of Virginia)
Jan Werner (University of Minnesota)

Reimbursement Forms

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 2019 Cowles GE Conference, please send the following items by Friday, May 17, 2019.

For travel expense reimbursement for the 2019 Cowles Summer Conferences, please send the following items by Friday, September 6, 2019.






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


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.