2018 Conference on Macroeconomics

June 4-5, 2018

Location: Yale School of Management 
Evans Hall, 165 Whitney Ave., Room 2200

[Hotel Map - Building Map]

Organizers: Rüediger Bachmann and Martin Schneider



Monday, June 4
8:30am to 9:30am

Registration and Breakfast

9:30am to 10:30am *Andrei Shleifer (Harvard University), Pedro Bordalo (University of Oxford), Nicola Gennaioli (Università Bocconi), Yueran Ma (Harvard University), "Overreaction in Macroeconomic Expectations"
10:30am to 10:45am

Coffee Break

10:45am to 11:45am *Stefan Nagel (University of Chicago Booth), Zhengyang Xu (University of Michigan - Ann Arbor), "Asset Pricing with Fading Memory"
11:45am to 1:15pm


Discussion Panel on Expectational Data with Giorgio Topa (Federal Reserve Bank of New York), Lucia Foster (US Census) and Oreste Tristani (ECB)

1:15pm to 2:15pm Rüediger Bachmann (Notre Dame University), Kai Carstensen (Christian-Albrechts-Universität Kiel), Stefan Lautenbacher (Ludwig-Maximilians-Universität München), *Martin Schneider (Stanford University), "Uncertainty and Change: Survey Evidence of Firms Subjective Beliefs"
2:15pm to 2:30pm

Coffee Break

2:30pm to 3:30pm Nick Bloom (Stanford University), Steven J. Davis (University of Chicago Booth), Lucia Foster (U.S. Census Bureau), Brian Lucking (Stanford University), *Scott Ohlmacher (U.S. Census Bureau), Itay Saporta-Eksten (Tel Aviv University), "Business-Level Expectations and Uncertainty"
3:30pm to 3:45pm

Coffee Break

3:45pm to 4:45pm *Ulrike Malmendier (University of California, Berkeley), Stefan Nagel (University of Chicago Booth), Zhen Yan (University of Michigan - Ann Arbor), "The Making of Hawks and Doves"
4:45pm to 5:00pm

Coffee Break

5:00pm to 6:00pm *Michael Weber (University of Chicago Booth), Francesco D'Acunto (University of Maryland), Daniel Hoang (Karlsruhe Institute of Technology), "Human Frictions to the Transmission of Economic Policy"
7:00pm to 9:00pm

Dinner - Zinc Restaurant [Map]

Tuesday, June 5
8:30am to 9:30am


9:30am to 10:30am *Gianluca Violante (Princeton University), Greg Kaplan (University of Chicago), Kurt Mitman (University of Pennsylvania), "The Housing Boom and Bust: Model Meets Evidence"
10:30am to 10:45am

Coffee Break

10:45am to 11:45am Michael Woodford (Columbia University), "Monetary Policy Analysis when Planning Horizons are Finite"
11:45am to 12:45pm


12:45pm to 1:45pm Jeffrey Fuhrer (Federal Reserve Bank of Boston), "Intrinsic Expectations Persistence"
1:45pm to 2:00pm

Coffee Break

2:00pm to 3:00pm *Matthew Shapiro (University of Michigan - Ann Arbor), Pamela Giustinelli (Università Bocconi), "SeaTE: Subjective ex ante Treatment Effect of Health on Retirement"
3:00pm Adjourn


Hassan Afrouzi (Columbia University)
Stefan Lautenbacher (Ludwig-Maximilians-Universität München)
Joseph Altonji (Yale University)
Ming Li (Yale University)
Antoine Arnoud (Yale University)
Yueran Ma (Harvard University)
Rüediger Bachmann (Notre Dame University)
Ulrike Malmendier (University of California, Berkeley)
Nicholas Barberis (Yale University)
Arthur Mendes (Pontifícia Universidade Católica do Rio de Janeiro)
Lukas Buchheim (Ludwig-Maximilians-Universität München)
Monica Morlacco (Yale University)
Charles Cai (Yale University)
Giuseppe Moscarini (Yale University)
Kai Carstensen (Christian-Albrechts-Universität Kiel)
Gernot Mueller (University of Tuebingen)
Jin-Wook Chang (Yale University)
Stefan Nagel (University of Chicago Booth)
Taha Choukhmane (Yale University)
Yusuke Narita (Yale University)
Francesco D'Acunto (University of Maryland)
Scott Ohlmacher (U.S. Census Bureau)
Patrick Donnelly Moran (University of Oxford)
Michael Peters (Yale University)
Chuan Du (Yale University)
Martin Schneider (Stanford University)
Fabian Eckert (Yale University)
Matthew Shapiro (University of Michigan - Ann Arbor)
William English (Yale University)
Andrei Shleifer (Harvard University)
Lucia Foster (U.S. Census Bureau)
Stephen Terry (Boston University)
Jeffrey Fuhrer (Federal Reserve Bank of Boston)
Giorgio Topa (Federal Reserve Bank of New York)
Gary Gorton (Yale University)
Oreste Tristani (European Central Bank)
Brian Greaney (Yale University)
Joao Paulo Valente (Yale University)
Zijian He (Yale University)
Gianluca Violante (Princeton University)
Mads Hejlesen (Aarhus University)
Vanessa Vytlacil (Yale University)
Joachim Hubmer (Yale University)
Michael Weber (University of Chicago)
Zhen Huo (Yale University)
Michael Woodford (Columbia University)
Tatjana Kleineberg (Yale University)
Tianhao Wu (Yale University)
Antzelos Kyriazis (Yale University)
Xiaochuan Xing (Yale University)
Louise Laage (Yale 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).

Reimbursement for travel expenses is offered for the General Equilibrium Conference and the Cowles Summer Conferences.

For travel expense reimbursement for the General Equilibrium 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.






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

Yale and New Haven offer many attractions to bide your time while in the Elm City. Below is a list of a few:

Yale Attractions

New Haven Attractions

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

Use the Yale 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:

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.