2022 Conference on Macroeconomics

June 9-10, 2022

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

[Hotel Map - Building Map]

Organizers: Alp Simsek and Ludwig Straub 


Thursday, June 9
8:15am to 8:45am

Registration and Breakfast, Forum Room at SOM

9:00am to 9:55am Andrew Abel* (University of Pennsylvania), Stavros Panageas (University of California, Los Angeles), “Optimal Rollover of Government Bonds in a Dynamic Efficient Economy”
9:55am to 10:10am

Coffee Break

10:10am to 11:05am Narayana Kocherlakota (University of Rochester), “Stabilization with Fiscal Policy”
11:05am to 11:20am

Coffee Break

11:20am to 12:15pm Sebem Kalemli-Ozcan* (University of Maryland), Cecilia Caglio, (Federal Reserve Board), R. Matthew Darst (Federal Reserve Board), “Risk-taking and Monetary Policy Transmission: Evidence from Loans to SMEs and Large Firms”
12:15pm to 1:45pm


1:45pm to 2:40pm Kilian Huber* (University of Chicago), Nils Joachim Gormsen (University of Chicago), “Discount Rates: Measurement and Implications for Investment”
2:40pm to 2:55pm

Coffee Break

2:55pm to 3:50pm Walker Ray* (London School of Economics), Pierre-Olivier Gourinchas (University of California, Berkeley), Dimitri Vayanos (London School of Economics), “A Preferred-Habit Model of Term Premia, Exchange Rates, and Monetary Policy Spillovers”
3:50pm to 4:05pm

Coffee Break

4:05pm to 5:00pm Rohan Kekre* (University of Chicago Booth), Moritz Lenel (Princeton University), Federico Mainardi (University of Chicago Booth), “Monetary Policy, Segementation, and the Term Structure”
6:30pm to 9:00pm

Dinner at The Blake Hotel (9 High Street)

Friday, June 10
8:15am to 8:45am


9:00am to 9:55am Federica Romei* (University of Oxford), Luca Fornaro (Universitat Pompeu Fabra), “Monetary Policy during Unbalanced Global Recoveries”
9:55am to 10:10am

Coffee Break

10:10am to 11:05am Oleg Itskhoki* (University of California, Los Angeles), Dimtry Mukhin (London School of Economics), “Optimal Exchange Rate Policy”
11:05am to 11:20am

Coffee Break

11:20am to 12:15pm Christopher Clayton* (Yale University), Amanda Dos Santos (Columbia University), Matteo Maggiori (Stanford University), Jesse Schreger (Columbia University), “Internationalizing Like China”
12:15pm to 1:30pm


1:30pm to 2:25pm Gadi Barlevy (Federal Reserve Bank of Chicago), “On Speculative Frenzies and Stabilization Policy”
2:25pm to 3:00pm

Coffee Break



Participants List

Andrew Abel
(Wharton School, UPenn)
Aslihan Asil
(Yale University)
Gadi Barlevy
(Federal Reserve Bank of Chicago)
Francesco Beraldi
(Yale University)
Christopher Clayton
(Yale School of Management)
Zara Contractor
(Yale University)
Alvaro Cox
(Yale University)
Gabriel Dias Santamarina
(Yale University)
Kevin Donovan
(Yale University)
Amanda Dos Santos
(Columbia Business School)
William English
(Yale University)
Tianyu Fan
(Yale University)
John Geanakoplos
(Yale University)
Kilian Huber
(University of Chicago)
Oleg Itskhoki
(University of California, Los Angeles)
Sebnem Kalemli-Ozcan
Barry Ke
(Yale School of Management)
Rohan Kekre
(Chicago Booth)
Cheolhwan Kim
(Yale University)
Narayana Kocherlakota
(University of Rochester and NBER)
Antzelos Kyriazis
(Yale University)
Jean-Paul L’Huillier
(Federal Reserve Bank of Cleveland)
Giuseppe Moscarini
(Yale University)
Piyush Panigrahi
(Yale University)
Michael Peters
(Yale University)
Oliver Pfaeuti
(University of Mannheim)
Walker Ray
(London School of Economics)
Federica Romei
(University of Oxford)
Jesse Schreger
(Columbia University)
Alp Simsek
(Yale University)
Samuel Slocum
(Yale University)
Vladimir Smirnyagin
(Yale University)
Ludwig Straub
(Harvard University)
Lindsey Uniat
(Yale University)
Oliko Vardishvili
(Yale University)
Kaushik Vasudevan
(Yale University)
Ziqing Yan
(Yale University)
Xilin Yuan
(Yale University)
Daojing Zhai
(Yale School of Management)

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 20 minute walk from the Blake Hotel. The easiest route to SOM from the Blake Hotel is to go south-east on George Street and turn left on Temple St. Temaple will merge into Whitney Avenue. SOM will be on the right side of the street across from the Peabody Museum (see map below).

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).

Travel expense reimbursement for the 2022 Cowles GE Conference is due by Friday, December 16, 2022.


  • Complete the appropriate online conference travel reimbursement form (These online forms allow you to upload any/all relevant forms and receipts which will be bundled together as one document):
  • Please upload any/all receipts for airfare (economy only)/rail and ground transportation. Receipts must be itemized and show proof of payment (i.e., if paid by credit card the receipt should show the last 4 digits of the credit card).

Note, vouchers for previously canceled or unrelated travel cannot be reimbursed if used to pay for any Cowles related travel.





Email or 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 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:

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.