Conference Program 2017

The Eighth Workshop on Theoretical and Experimental Macroeconomics, July 18 - 19, 2017

 

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Conference location: Social and Behavioral Sciences Building, 7th floor, lecture hall N702.

 

Tuesday July 18

9:00-9:45

Romain Baeriswyl (Swiss National Bank), “The Distortionary Effect of Monetary Policy: Credit Expansion vs. Lump-sum Transfers in the Lab”, joint with Camille Cornand.

9:45-10:30

Adrian Penalver (Banque de France), “A Quantitative Easing Experiment”, joint with Nobuyuki Hanaki, Eizo Akiyama, Yukihiko Funaki, and Ryuichiro Ishikawa.

10:30-11:00 Coffee break

11:00-12:00

Keynote address Xavier Gabaix (Harvard University), Behavioral “Macroeconomics via Sparse Dynamic Programming” and “A Behavioral New Keynesian Model”.

12:00-1:30 PM

Lunch

1:30-2:15 PM

Steffen Ahrens, (Technical University of Berlin) “The Stabilizing Role of Forward Guidance: A Macro Experiment”, joint with Joep Lustenhouwer and Michele Tettamanzi.

2:15-3:00 PM

Luba Petersen (Simon Fraser University), “Coordinating Expectations through Central Bank Projections”, joint with Fatemeh Mokhtarzadeh.

3:00-3:45 PM

James Costain (Banco de España), “Costly Decisions and Sequential Bargaining”.

3:45-4:15 PM

Coffee Break

4:15-5:00 PM

Gabriele Camera (University of Basel), “Endogenous Market Formation and Monetary Trade: An Experiment”, joint with Dror Goldberg and Avi Weiss.

5:00-5:45 PM

Daniela Puzzello (Indiana University), “The Friedman Rule in the Laboratory”, joint with John Duffy.

Dinner



Wednesday July 19

9:00-9:45

Michael Weber (University of Chicago), “Salient Price Changes, Inflation Expectations and Household Behavior” joint with Francesco D'Acunto, Ulrike Malmendier and Juan Ospina.

9:45-10:30

Joy Buchanan (George Mason University), “The Behavioral Determinants of Downward Nominal Wage Rigidity”, joint with Daniel Houser.

10:30-11:00 Coffee break

11:00-12:00

Keynote address Stephanie Schmidt-Grohe (Columbia University), "Learning to Live in a Liquidity Trap", joint with Jasmina Arifovic and Martin Uribe.

12:00-1:30 PM

Lunch

1:30-2:15 PM

Olivier Armentier (NY Fed) “Discount Window Stigma: An Experimental Investigation”, joint with Charles Holt.

2:15-3:00 PM

David R. Munro (Middlebury College), “Dynamic Runs and Circuit Breakers: An Experiment”, joint with Jacopo Magnani.

3:00-3:45 PM

Oleg Korenok (Virginia Commonwealth University), “Liquidity Regulation after Financial Crisis: An Experimental Investigation”, joint with Douglas Davis and John Lightle.

3:45-4:15 PM

Coffee Break

4:15-5:00 PM

Cathy M. Zhang (Purdue) “Competing Currencies in the Laboratory”, joint with Janet Hua Jiang.

Adjourn