CEMFI
 

 

 





 

2008-20092007-20082006-20072005-20062004-20052003-20042002-2003 2001-2002 2000-2001 1999-2000 1998-1999

2008 - 2009

First term

26 September 2008:

Matthias Kredler (UC3M), Experience vs. obsolescence: A vintage-human-capital model.

17 October 2008:

Aysegul Sahin (NY FED), Labor supply in a frictional labor market (joint with P. Krusell, T. Mukoyama & R. Rogerson).

24 October 2008:

Beatriz de Blas (Universidad Autónoma de Madrid), FDI in the banking sector: Why borrowing costs fall while spread proxies increase (joint with Katheryn N. Russ).

14 November 2008:

Anton Braun (The University of Tokyo), The quantitative effects of monetary aggregate targeting in a zero interest rate environment: Results from Japan (joint with Takemasa Oda).

17 December 2008:

Raul Santaeulalia-Llopis (Washington University in Saint Louis), Aggregate effects of AIDS on development.

   

Second term

20 February 2009:

Luisa Fuster (IMDEA), A quantitative theory of the gender gap in wages (joint with Andrés Erosa and Diego Restuccia).

6 March 2009:

Klaus Desmet (Universidad Carlos III ), The evolution of markets and the revolution of Industry: A unified theory of growth (joint with Stephen L. Parente).

27 March 2009:

CANCELLED Seongman Moon (UC3M), Revisting the tests of the unbiased hypothesis of forward exchange rates (joint with Carlos Velasco).

31 March 2009:

Anton Braun (University of Tokyo), Computing densities and expectations in stochastic recursive economies: Generalized look-ahead techniques (joint with John Stachurski and Huiyu Li).

   

Third term

3 April 2009:

Javier Fernández-Blanco (UC3M), Competitive search equilibrium with rehiring.

15 April 2009:

Carlos Garriga (FED St Louis), Subprime crises and bail-out programs (joint with Don Schlagenhauf).

8 May 2009:

Seongman Moon (UC3M), Revisting the tests of the unbiased hypothesis of forward exchange rates (joint with Carlos Velasco).

22 May 2009:

Makoto Nakajima (Federal Reserve Bank of Philadelphia), Worker flows and job flows: A quantitative investigation (joint with Shigeru Fujita).

   

2007 - 2008

First term

26 October 2007:

Betsy Caucutt (University of Western Ontario), The farm, the city, and the emergence of social security (joint with Thomas F. Cooley and Nezih Guner).

15 November 2007:

Rubén Segura (Banco de España), Uncertainty and entry into export markets.

30 November 2007:

Alice Schoonbroodt (University of Southampton), Trends in fertility and the intertemporal elasticity of substitution in dynastic models (joint with Larry E. Jones).

   

Second term

15 February 2008:

Manuel Toledo (Universidad Carlos III de Madrid), On the intergenerational persistence of work hours.

7 March 2008:

Samuel Bentolila (CEMFI), Does immigration affect the Phillips curve? Some evidence for Spain (joint with Juan J. Dolado and Juan F. Jimeno).

11 March 2008:

Ricardo Lagos (New York University), Liquidity in asset markets with search frictions (joint with Guillaume Rocheteau).

   

Third term

25 April 2008:

CANCELLED Ashley Lester (Brown University) .

20 May 2008:

Francesc Obiols (Universitat Autònoma de Barcelona), Polarization under incomplete markets and endogenous labor productivity (joint with Albert Marcet).

11 June 2008:

Dean Corbae (Universtiy of Texas at Austin), A theory of credit scoring and the competitive pricing of default risk (joint with Satyajit Chatterjee and Victor Rios-Rull).

27 June 2008:

Thijs van Rens (CREI and Universitat Pompeu Fabra), Heterogeneous life-cycle profiles, income risk and consumption inequality (joint with Giorgio Primiceri).

   

2006 - 2007

First term

6 October 2006:

Pau Rabanal (La Caixa), Euro-dollar real exchange rate dynamics in an estimaded two-country model: What is important and what is not (joint with Vicente Tuesta ).

20 October 2006:

Kaiji Chen (University of Oslo), Secular trends in U.S. consumption and saving.

   

Second term

9 February 2007:

Xavier Ragot (Paris School of Economics), Monetary policy with heterogeneus agents and borrowing constraints (joint with Yann Algan).

23 February 2007:

Vincenzo Galasso (IGIER-Bocconi), Postponing retirement: The political push of aging.

9 March 2007:

Felipe Meza (Universidad Carlos III de Madrid), Total factor productivity and labor reallocation: The case of the 1997 Korean crisis (joint with David M. Benjamin).

   

Third term

27 April 2007:

Josep Pijoan (CEMFI), The effects of labor market conditions on working time: Explaining the US-EU experience (joint with Claudio Michelacci).

18 May 2007:

Manuel Santos (Arizona State University), Technological waves in the stock market (joint with Miguel Angel Iraola).

25 May 2007:

Michele Boldrin (Washington University in Saint Louis), Quality ladders, competition and endogenous growth.

22 June 2007:

Gianluca Violante (New York University), Frictional wage dispersion in search models: A quantitative assessment (joint with Andreas Hornstein y Per Krusell).

   

2005 - 2006

First  Term

 

14 October 2005:

M. Dolores Collado (Universidad de Alicante), Vertical transmission of consumption behavior and the distribution of surnames (joint with Ignacio Ortuño-Ortín and Andrés Romeu).

28 October 2005:

Silvana Tenreyro (Boston FED), The timing of monetary policy shocks (joint with Giovanni Olivei).

11 November 2005:

Angel Gavilán (Banco de España), Wage inequality and segregation by skill in an assignment model.

   

Second Term

 

20 January 2006:

Oscar Arce (Banco de España), Borrowing limits, housing prices and multiple equilibria (joint with J. David López-Salido).

10 February 2006:

Nezih Guner (Pennsylvania State University), Macroeconomic implications of size-dependent policies (joint with Gustavo Ventura and Xu Yiy).

24 February 2006:

Claudio Campanale (Universidad de Alicante), Increasing returns to savings and wealth inequality.

3 March 2006:

R. Anton Braun (Tokyo University), Saving and interest rates in Japan:Why they have fallen and why they will remain low (joint with Daisuke Ikeda and Douglas H. Joines).

17 March 2006:

CANCELLED-Stefania Albanesi (Columbia University), Optimal taxation of entrepreneurial capital with private information.

   

Third Term

 

5 May 2006:

Arianna Degan (Université du Québec à Montréal), A structural model of turnout and voting in multiple elections (joint with Antonio Merlo).

19 May 2006:

Javier Díaz-Giménez (Universidad Carlos III de Madrid), The demographic and educational transitions and the sustainability of the Spanish public pension system (joint with Julián Díaz-Saavedra).

9 June 2006:

Antonia Díaz (Universidad Carlos III de Madrid), Credit and inflation under borrowers lack of commitment (joint with Fernando Perera Tallo).

20 June 2006:

MadMac One Day Workshop Program

2004 - 2005

First  Term

 

8 October 2004:  

Juan Carlos Conesa (Universitat Pompeu Fabra), Productivity, taxes and hours worked in Spain: 1970-2000 (joint with Tim Kehoe).

22 October 2004:       

Ellis W. Tallman (Federal Reserve Bank of Atlanta), Information in data revision processes: Payroll employment and real-time measurement of employment conditions (joint with Peter Zadrozny).

29 October 2004:       

Jesús Fernández Villaverde (University of Pennsylvania), A,B,C,(AND D)´s for understanding VARS (joint with Juan Rubio y Thomas Sargent).

12 November 2004:     

Giulio Fella (Queen Mary), Optimal severance pay in a matching model.

3 December 2004:

Belén Jerez (Universidad Carlos III de Madrid), Precautionary balances and the velocity of circulation of money (joint with Miquel Faig).

   

Second Term

 

4 March 2005:       

Carlos Garriga (Florida State University), Accounting for changes in the homeownership rate (joint with Matthew Chambers and Don E. Schlagenhauf).

7 March 2005:

Mark Huggett (Georgetown University) , Quantifying the inefficiency of the US social security system , (joint with Juan Carlos Parra).

18 March 2005:       

Francesc Obiols (UAB), Parameterizing expectations for incomplete markets economies.

   

Third Term

 

8 April 2005:  

Jim Costain (Universidad Carlos III de Madrid) , Stabilization versus insurance: Welfare effects of procyclical taxation under uncomplete markets , (joint with Michael Reiter).

29 April 2005

Antonia Díaz (Universidad Carlos III de Madrid) , Precautionary savings and wealth distribution with durable goods , (joint with María J. Luengo-Prado).

13 May 2005

Christian Haefke (UPF) , Endogenous union formation and product market deregulation.

27 May 2005

Berthold Herrendorf (Arizona State University), The Balassa-Samuelson hypothesis forty years later.

3 June 2005:

Michele Boldrin (University of Minnesota) , Intellectual property and market size (joint with David Levine).

10 June 2005

Javier Andrés (Universidad de Valencia), Money and the natural rate of interest: Structural estimates for the UK, the US and the Euro area (joint with David López-Salido and Edward Nelson).

2003 - 2004

First  Term

 

10 October 2003:   

Samuel Bentolila (CEMFI), Spanish unemployment: The end of the wild ride?

24 October 2003:        

Marcel Jansen (Universidad Carlos III de Madrid), Efficiency in a matching model with heterogeneous agents: Too many good or bad jobs? (joint with Maite Blázquez).

7 November 2003:       

Gabriel Pérez-Quirós (Banco de España), Too far, too risky? A business cycle approach to the enlargement of the EU (joint with Máximo Camacho and Lorena Sáiz).

28 November 2003:     

José V. Rodríguez-Mora (Universitat Pompeu Fabra), Believing in lies: The effects of GNP announcements on fluctuations of GNP growth.

   

Second  Term

 

9 January 2004:

Juan José Dolado (Universidad Carlos III de Madrid), On-the-job search in a matching model with heterogeneous jobs and workers (joint with Juan Francisco Jimeno).

6 February 2004:       

Juan Pablo Nicolini (Universidad Torcuato di Tella), Optimal devaluations.

20 February 2004:    

Frank Heinemann (Ludwig-Maximilians-Universität München), The inflationary impact of wage indexation.

5 March 2004:     

Virginia Sánchez (Universidad de Cantabria), Explaining changes in female labour supply in a life-cycle model (joint with Orazio Attanasio and Hamish Low).

   

Third  Term

 

16 April 2004:

Manuel Santos (Arizona State University), The value of money in a dynamic equilibrium model.

7 May 2004:       

Michele Boldrin (University of Minnesota), Fertility and social security.

21 May 2004:    

Hugo Rodríguez (Universitat Autònoma de Barcelona), Credit markets and the Propagation of Monetary Policy shocks (joint with Radim Bohácek).

4 June 2004:    

Mª. José Luengo (Northeastern University), The buffer-stock model and the aggregate propensity to consume. A panel-data study of the U.S. states (joint with Bent Sorensen ).

11 June 2004:    

Giovanni Gallipoli (University College London), Human capital, education policy and earnings dispersion.

   

2002 - 2003

First  Term

 

4 October 2002:

Juan Dolado (Universidad Carlos III de Madrid), Nonlinear monetary policy rules: Some new evidence for the US (joint with R. María-Dolores and F. Ruge-Murcia).

25 October 2002:

 Fabiano Schivardi (Banca D'Italia), Learning to be an entrepreneur (joint with Luigi Guiso and Luigi Zingales).

8 November 2002:

Berthold Herrendorf (Universidad Carlos III de Madrid), Monopoly rights reduce income big time when there is capital accumulation (joint with Arilton Texeira).

22 November 2002

Philippe Bacchetta (Study Center Gerzensee), The exchange rate disconnect puzzle: The role of information dispersion and order flows (joint with Eric van Wincoop).

   

Second  Term

 

10 January 2003:

Michele Boldrin (University of Minnesota), Mortality, fertility and saving in a malthusian economy (joint with Larry Jones).

24 January 2003:

Joan Roselló-Villalonga (Universitat Illes Balears), Public employmenrt and redistribution (joint with José Manuel Marqués-Sevillano).

7 February 2003:

Alfonso R. Sánchez Martín (Imperial College), Endogenous retirement and social security reform in Spain.

21 February 2003: 

James Costain (Universidad Carlos III de Madrid), On multiplicity and heterogeneity in a Herding model.

7 March 2003:

Silvio Rendón (Universidad Carlos III de Madrid), The catalan premium: Learning catalan and finding a Job.

   

Third  Term

 

11 April 2003:

 Roberto Chang (Rutgers University), Electoral uncertainty and the volatility of international capital flows.

9 May 2003:

Juan F. Rubio-Ramírez (Federal Reserve Bank of Atlanta), Comparing solution methods for dynamic equilibrium economies (join with S. Boragan Aruoba and Jesús Fernández-Villaverde).

23 May 2003:      

Xavier Raurich (Universitat de Girona), Growth, habit formation and catching-up with the Joneses (joint with Jaime Alonso-Carrera and Jordi Caballé).

6 June 2003:

Beatriz de-Blas-Pérez (Universidad Carlos III de Madrid), Interest rate rules performance under credit market imperfections.

   

 

2001 - 2002

First  Term

 

5 October 2001:

Juan Carlos Conesa (Universitat de Barcelona), Optimal progressivity of the income tax code (joint with Dirk Krueger).

19 October 2001: 

Salvador Ortigueira (Cornell University), Unemployment benefits and the persistence of European unemployment.

2 November 2001: 

Javier Gardeazabal (Universidad del País Vasco), The economic costs of conflict: A case-control study for the Basque Country (joint with Alberto Abadíe).

16 November 2001: 

Ana Fernandes (CEMFI), Inappropriate technology (joint with Krishna Kumar).

14 December 2001: 

Patrick Toche (Ecole Normale Superieure Lyon), Saving, uncertainty, and retirement.

   

Second  Term

 

11 January 2002:

Juan Francisco Jimeno (FEDEA), Youth employment in the OECD: Demographic shifts, labour market institutions, and macroeconomic shocks (joint with D. Rodríguez-Palenzuela).

8 February 2002:

Claudio Michelacci (CEMFI), Incomplete wage posting (joint with J. Suárez).

15 February 2002:

Albert Marcet (Universitat Pompeu Fabra), Debt and deficit fluctuations and the structure of bond markets.

22 February 2002: 

Pablo A. Neumeyer (Universidad Torcuato di Tella), The Time consistency of the Friedman rule (joint with F. Alvarez and P. Kehoe).

8 March 2002:   

Gabriel Pérez-Quirós (Banco de España), Inventories and the information revolution: Implications for output volatility (joint with J. Kahn and M.M. McConnell).

22 March 2002:

Marcel Jansen (Universidad Carlos III de Madrid), Equilibrium unemployment with matching frictions and worker moral hazard: Does shrinking increase unemployment?

   

Third  Term

 

12 April 2002:

Antoni Calvó-Armengol (Universidad Carlos III de Madrid), Social networks in determining employment and wages: Patterns, dynamics, and inequality (joint with M. O. Jackson).

26 April 2002:

Luisa Fuster (Universitat Pompeu Fabra), Pay-as-you-go social security and the distribution of altruistic transfers (joint with J. Caballé).

10 May 2002:

José David López-Salido (Banco de España), Markups, gaps, and the welfare costs of business fluctuations (joint with J. Galí and M. Gertler).

24 May 2002: 

Klaus Desmet (Universidad Carlos III de Madrid), Asymmetric shocks and risk sharing: The case for a monetary union.

7 June 2002:   

Pedro Álvarez (Universidad Carlos III de Madrid), Production inflexibilities and the transmission mechanism of monetary molicy.

   

 

2000 - 2001

First  Term

 

6 October 2000:         

Berthold Herrendorf (Universidad Carlos III de Madrid), Determinacy with capital adjustment costs and sector-specific externalities (joint with Ákos Valentinyi).

20 October 2000:       

Manuel Santos (Arizona State University), Economic growth in a sample of Latin American and OECD countries, 1960-1990.

10 November 2000:    

Javier Ortega (GREMAQ-IDEI, Université de Toulouse), Work-sharing, downward working time rigidity and efficiency.

24 November 2000:    

Omar Licandro (FEDEA), Vintage human capital, demographic trends and endogenous growth.

15 December 2000:    

Klaus Desmet (Universidad Carlos III de Madrid), The changing spatial distribution of economic activity across U.S. counties.  

   

Second  Term

 

26 January 2001:       

Guido Ascari (University of Pavia), Relative wage concern: The missing piece in the contract multiplier? (joint with J.A. García).

9 February 2001:        

Samuel Bentolila (CEMFI), Unemployment and consumption: Are job losses less painful near the Mediterranean? (joint with A. Ichino).

23 February 2001:      

Fabrice Collard (CNRS, France), Exchange rate systems (joint with H. Dellas).

9 March 2001:           

Javier Diaz-Giménez (Universidad Carlos III de Madrid), Accounting for earnings and wealth inequality (joint with A. Castañeda and J.V. Rios-Rull).

23 March 2001:          

Carlos Urrutia (Universidad Carlos III de Madrid), Intergenerational persistence of income: Sources and policy (joint with D. Restuccia).

   

Third  Term

 

6 April 2001:              

Paulo Brito (ISEG, Lisboa), A Bentham-Ramsey model for spatially heterogeneous growth.

20 April 2001:            

Juan J. Dolado (Universidad Carlos III de Madrid), Asymmetries in the conduct of monetary policy rules: Evidence from some central banks (joint with Ramón María-Dolores and Manuel Naveira).

11 May 2001:            

María José Luengo (Universidad Carlos III de Madrid) The implications of lower down payments on consumption volatility (joint with Christopher Farr).

25 May 2001:            

Francesco Ricci (Universidad Carlos III de Madrid), Environmental policy and growth when inputs are differentiated in pollution intensity.

8 June 2001:              

Matteo Ciccarelli (Universidad de Alicante) The transmission mechanism of European monetary policy: Is there heterogeneity? Is it changing over time? (joint with Alessandro Rebucci).

   

 

1999 - 2000

First  Term

 

8 October 1999:         

Jose-Manuel Campa (New York University), An options-based analysis of emerging market exchange rate expectations: Brazil's real plan, 1994-1999 (joint with K. Chang and J. Refalo).

5 November 1999:

Barbara Petrongolo (Universidad Carlos III de Madrid), Workers' transitions from temporary to permanent employment: The Spanish case (joint with Maia Guell).

26 November 1999:    

Luis Puch (Universidad Complutense), Vintage capital and the dynamics of the AK model (joint with R. Boucekkine, O. Licandro and F. del Río).

3 December 1999:      

Manuel Santos (Arizona State University), On non-existence of markov equilibria in competitive-market economies.

   

Second  Term

 

28 January 2000:       

Ramon Marimon (European University Institute), Competition and reputation (joint with Juan P. Nicolini and Pedro Teles).

11 February 2000:      

Antonia Díaz (Universidad de Alicante and FEDEA), Minimum consumption, transitional dynamics and the Kuznets curve (joint with M.J. Álvarez).

25 February 2000:      

Berthold Herrendorf (Universidad Carlos III de Madrid), Determinacy with heterogeneous skills and increasing returns (joint with Akos Valentinyi).

10 March 2000:          

Carsten K. Nielsen (Banco de España), Floating exchange rates versus a monetary union under rational beliefs: The role of endogenous uncertainty.

31 March 2000:          

Gabriel Perez-Quiros (European Central Bank), The daily market for funds in Europe. Has something changed with the EMU? (joint with H. Rodriguez).

   

Third  Term

 

6 October 2000:         

Berthold Herrendorf (Universidad Carlos III de Madrid), Determinacy with capital adjustment costs and sector-specific externalities (joint with Ákos Valentinyi).

20 October 2000:       

Manuel Santos (Arizona State University), Economic growth in a sample of Latin American and OECD countries, 1960-1990.

10 November 2000:    

Javier Ortega (GREMAQ-IDEI, Université de Toulouse), Work-sharing, downward working time rigidity and efficiency.

24 November 2000:    

Omar Licandro (FEDEA), Vintage human capital, demographic trends and endogenous growth.

15 December 2000:    

Klaus Desmet (Universidad Carlos III de Madrid), The changing spatial distribution of economic activity across U.S. counties.  

   

 

1998 - 1999

First  Term

 

9 October 1998:         

Samuel Bentolila (CEMFI), Explaining movements in the labor share (joint with G. Saint-Paul).

23 October 1998:       

Javier Díaz-Giménez (Universidad Carlos III), Earnings and wealth inequality with income taxation (joint with A. Castañeda and J.V. Ríos-Rull).

13 November 1998:    

Antonia Díaz (Universidad de Alicante), Altruism, poverty, and inter-vivos transfers (joint with C. Echevarría).

11 December 1998:    

Jesus Felipe (Georgia Institute of Technology), Markups in US industry: What does the recent literature tell us? (joint with J.S.L. McCombie).

   

Second  Term

 

5 February 1999:        

Javier Vallés (Banco de España), The liquidity effect in a small open economy model (joint with J. Andrés and J.D. López Salido).

26 February 1999:      

Claudio Michelacci (CEMFI), Cross-sectional heterogeneity and the persistence of aggregate fluctuations.

12 March 1999:          

Enrique Alberola (Banco de España), On the relevance and nature of regional inflation differentials: The case of Spain (joint with J.M. Marqués).

26 March 1999:          

Vincenzo Galasso (Universidad Carlos III de Madrid), A coalition theory of social security (joint with J.I. Conde).

   

Third  Term

 

16 April 1999:            

Olivier Tinguely (University of Lausanne), Reorganization costs, business cycle, and asset prices.

 7 May 1999:             

Ana Montes (Universidad Carlos III de Madrid), Intergenerational transfer institutions: Public education and public pensions (joint with M. Boldrin).

21 May 1999:            

Georges Siotis (Universidad Carlos III de Madrid), Total factor productivity growth and market power. An illustration for Spain, 1983-1996.

June 18 1999:            

Adriana Kugler (Universitat Pompeu Fabra), The impact of firing costs on turnover and unemployment: Evidence from the Colombian labour market reform.