Conference
19th Annual Conference on General Equilibrium and its Applications
Friday, April 25 - Saturday, April 26, 2025
Organizers:
Eduardo Dávila, Ana Fostel, John Geanakoplos, Felix Kübler, Herakles Polemarchakis, Paolo Siconolfi & Alp Simsek
Agenda
Friday, April 26
* Speaker
| 8:30 - 9:30 AM | Breakfast and Registration | |
| Morning Session | ||
| 9:30 - 10:20 AM | “Intergenerational Welfare Assessments” | Eduardo Dávila* (Yale University), Sergi Barcons (Toulouse School of Economics), Andreas Schaab (University of California, Berkeley) |
| 10:20 - 11:10 AM | “Optimal Financing of Government Purchases” | Andrew Abel* (Wharton School, University of Pennsylvania and NBER), Stavros Panageas (UCLA Anderson School of Management and NBER) |
| 11:10 - 11:40 AM | Coffee Break | |
| 11:40 AM - 12:30 PM | “Bank Runs, Fragility, and Regulation” | Javier Bianchi* (Federal Reserve Bank of Minneapolis), Manuel Amador (University of Minnesota, Federal Reserve Bank of Minneapolis, and NBER) |
| 12:30 - 2:00 PM | Lunch - 30 Hillhouse Front Lawn | |
| Afternoon Session | ||
| 2:00 - 2:50 PM | “Exchange Rates, Natural Rates, and the Price of Risk” | Rohan Kekre (University of Chicago Booth), Moritz Lenel* (Princeton University) |
| 2:50 - 3:40 PM | “Demand Elasticity in Dynamic Asset Pricing” | Zhiguo He* (Stanford University and NBER), Peter Kondor (London School of Economics and CEPR), Jessica Shi Li (University of Chicago) |
| 3:40 - 4:10 PM | Coffee Break | |
| 4:10 - 5:00 PM | “A Simple Theory of Complexity Aversion, with Applications to Simple Contracts, Simple Tax Systems and the Cost of Inflation” | Xavier Gabaix* (Harvard University) |
| 6:00 PM | Happy Hour, Dinner and Toasts for Paolo Siconolfi’s 70th (?) Birthday – Olea Restaurant, 39 High Street | |
Saturday, April 27
* Speaker
| 8:30 - 9:30 AM | Breakfast | |
| Morning Session: Papers in honor of Paolo Siconolfi’s 70th (?) Birthday | ||
| 9:30 - 10:20 AM | “Welfare Effect of Social Security with Uninsured Income Risk” | Pietro Reichlin* (LUISS Guido Carli), Gaetano Bloise (Università Tor Vergata) |
| 10:20 - 11:10 AM | “Naive Time-Inconsistent Agents in Regulated Credit Market” | Alessandro Citanna* (NYU Abu Dhabi), Daniel Gottlieb (USC), Paolo Siconolfi (Columbia Business School), Xuiwen Zhang (U Colorado – Boulder) |
| 11:10 - 11:40 AM | Coffee Break | |
| 11:40 AM - 12:30 PM | “A First-Order Characterization of Robust Pareto Improvements Under Nonconvexity” | Gaetano Bloise* (Università Tor Vergata), Filipe Martins-da-Rocha (FGV and U. Paris-Dauphine), Yiannis Vailakis (University of Glasgow) |
| 12:30 - 2:00 PM | Lunch - 30 Hillhouse Front Lawn | |
| Afternoon Session | ||
| 2:00 - 2:50 PM | “Equilibrium Spillover of Big Data” | Maryam Farboodi* (MIT Sloan, NBER and CEPR), Peter Kondor (London School of Economics and CEPR), Pablo Kurlat (USC and NBER) |
| 2:50 - 3:40 PM | “Tâtonnement and Price Setting in General Equilibrium” | Guido Lorenzoni* (Chicago Booth), Iván Werning (MIT) |
| 3:40 - 4:10 PM | Coffee Break | |
| 4:10 - 5:00 PM | “A Theory of Supply Function Choice and Aggregate Supply” | Joel Flynn* (Yale University), George Nikolakoudis (Princeton University), Karthik A. Sastry (Princeton University) |
| 6:00 PM | Dinner – The Yale Graduate Club, 155 Elm Street | |