INFORMATION FRICTIONS IN MACRO-ECONOMICS AND FINANCE |
Friday April 2, 2010 |
A conference sponsored by the Salomon Center at NYU Stern |
Organized by Stijn Van Nieuwerburgh and Laura Veldkamp, NYU Stern |
8:30 | Registration and Continental Breakfast |
8:45 | Introductory Remarks |
9:00 - 12:30 | SESSIONS ON HIGHER-ORDER BELIEFS Chair: Michael Woodford, Columbia University |
9:00 | "The More We Know, the Less We Agree" [Presentation] Peter Kondor, The Central European University Discussant: Christian Hellwig, UCLA [Discussion] |
10:00 | "Trading Frenzies and Their Impact on Real Investment" [Presentation] Itay Goldstein, University of Pennsylvania, Emre Ozdenoren, London Business School and CEPR, and Kathy Yuan, London School of Economics and CEPR Discussant: Allessandro Pavan, Northwestern University [Discussion] |
11:00 | Refreshment Break |
11:30 | "Public Information and Coordination: Evidence from a Credit Registry Expansion" [Presentation ] Andrew Hertzberg, Columbia University, Jose Maria Liberti, DePaul University, and Daniel Paravisini, Columbia University and BREAD Discussant: Xavier Vives, IESE Business School [Discussion] |
12:30 - 2:00 | Lunch and Brief Remarks "Information Choice in Macroeconomics and Finance" [Presentation] Laura Veldkamp, New York University |
2:00 - 5:30 | SESSION ON LEARNING AND INFORMATION TRANSMISSION IN FINANCIAL MARKETS Chair: Thomas J. Sargent, New York University |
2:00 | "Asset Trading and Valuation with Uncertain Exposure" [Presentation] Juan Carlos Hatchondo, Federal Reserve Bank of Richmond, Per Krusell, Princeton University, and Martin Schneider, Stanford University Discussant: Jiang Wang, Massachusetts Institute of Technology [Discussion ] |
3:00 | Refreshment Break |
3:30 | "Decentralized Trading with Private Information" [Presentation] Mikhail Golosov, Yale University and NES, Guido Lorenzoni, MIT and NBER, and Aleh Tsyvinski, Yale University and NES Discussant: Gustavo Manso, Massachusetts Institute of Technology [Discussion ] |
4:30 | "What Ties Return Volatilities to Price Valuations and Fundamentals?" [Presentation ] Alexander David, University of Calgary and Pietro Veronesi, University of Chicago, NBER and CEPR Discussant: Chris Sims, Princeton University [Discussion] |
6:30 | Conference Dinner |
Registration Details: | Attendance is free of charge but registration is required. To register, please send an email to salomon@stern.nyu.edu before March 29, 2010. Indicate your name and university/affiliation in your response. | |
Conference Venue: | New York University Stern School of Business Kaufman Management Center Room 2-70 44 West Fourth Street New York, NY 10012 | |
Direction to Stern: | For directions, click here |
| Program committee:
|
