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Katalog Iç Sayfalar.FH10 SED Annual Meeting July 2-4, 2009 Istanbul, Turkey SED 2009 Society for Economic Dynamics SED 2009 Society for Economic Dynamics SED Annual Meeting 2009 is hosted by CENTRAL BANK OF THE UNIVERSITY REPUBLIC OF TURKEY Society for Economic Dynamics gratefully acknowledges the sponsorship of SED 2009 Society for Economic Dynamics Contents Page Welcoming Message from the Organizers 3 Program Committee Members 4 SED 2009 Schedule 5 Overview of Parallel Sessions 6 - 8 Complete List of All Sessions 9 - 47 Local Information 48 - 51 List of Participants 52 - 63 List of Some Restaurants, Pubs and Cafes in Istanbul 64 - 68 - 1 - SED 2009 Society for Economic Dynamics - 2 - SED 2009 Society for Economic Dynamics Welcome to The 2009 Annual Meeting of The Society for Economic Dynamics! We have a very exciting program for this year's meeting. There are 436 papers in 110 sessions covering all areas of economics, and plenary addresses from Matthew Jackson (Stanford), Timothy Kehoe (Minnesota), and Christopher Sims (Princeton). We had a record 1236 submissions and because of space limitations a number of very fine papers did not make it on the program. Under the guidance of our past presidents Tom Sargent, Ed Prescott, Dale Mortensen, Tom Cooley, and Boyan Jovanovic all of you have helped our meetings grow from the first one (Minneapolis, June 1990) into the large and intellectually significant affair they are today. Putting together a meeting on such a large scale involves a lot of work. So, thanks go to the 40- member program committee who selected the papers in a timely manner. A particular thanks go to our local organizers, Refet Gürkaynak, Ayþe Ýmrohoroðlu, Selahattin Ýmrohoroðlu, Gökçe Kolaþin, and Kamil Yýlmaz, who pulled this all together. Our officers, Ellen McGrattan (Treasurer) and Christian Zimmermann (Secretary) also played a key role in setting things up on the U.S. end. As you know, these meetings are costly endeavors. So, financial support from our sponsors is gratefully acknowledged. Have a good time! Enjoy the conference and Istanbul. With very best wishes, Jesus Fernandez-Villaverde, David Levine, and Martin Schneider - 3 - SED 2009 Society for Economic Dynamics Program Committee Members, SED 2009 Stefania Albanesi Columbia Rui Albuquerque Boston U Manuel Amador Stanford Cristina Arellano Minnesota Costas Arkolakis Yale Paco Buera UCLA Flavio Cunha Penn Ulrich Doraszelski Harvard Chris Edmond NYU Eduardo Faingold Yale Emmanuel Farhi Harvard Willie Fuchs Chicago Nicolae Garleanu Berkeley Marc Giannoni Columbia Yuriy Gorodnichenko Berkeley Veronica Guerrieri Chicago Fatih Guvenen Minnesota Ali Hortacsu Chicago Gueorgui Kambourov Toronto Philipp Kircher Penn Rasmus Lentz Wisconsin Guido Lorenzoni MIT Iourii Manovskii Penn Guido Menzio Penn Virgiliu Midrigan NYU Rachel Ngai LSE Nathan Nunn Harvard Stavros Panageas Chicago Giorgio Primiceri Northwestern Juan Rubio-Ramirez Duke Sam Schulhofer-Wohl Princeton Yongseok Shin Washington U. Adam Szeidl Berkeley Michele Tertilt Stanford Stijn van Nieuwerburgh NYU Pierre-Olivier Weill UCLA Mirko Wiederholt Northwestern Mark Wright UCLA Pierre Yared Columbia Motohiro Yogo Penn - 4 - SED 2009 Society for Economic Dynamics SED 2009 Schedule Date July 2 - 4, 2009 Meeting VenuBahçeþehir University, Beþiktaþ, Ýstanbul Program July 1, 2009, Wednesday 14:00-21:00 Registration 18:30-21:30 Welcome Reception by Bahçeþehir University July 2, 2009, Thursday 09:30-10:00 Coffee & Tea 10:00-12:00 Parallel Sessions 12:00-13:15 Lunch 13:15-15:15 Parallel Sessions 15:15-15:45 Coffee Break 15:45-17:45 Parallel Sessions 18:00-19:00 Plenary Talk: Christopher Sims, Princeton University 20:00-23:30 Cocktail and Dinner at Beylerbeyi Palace July 3, 2009, Friday 09:30-10:00 Coffee & Tea 10:00-12:00 Parallel Sessions 12:00-13:15 Lunch 13:15-15:15 Parallel Sessions 15:15-15:45 Coffee Break 15:45-17:45 Parallel Sessions 18:00-19:00 Plenary Talk: Matthew Jackson, Stanford University July 4, 2009, Saturday 09:30-10:00 Coffee & Tea 10:00-12:00 Parallel Sessions 12:00-13:15 Lunch 13:15-15:15 Parallel Sessions 15:15-15:45 Coffee Break 15:45-17:45 Parallel Sessions 18:00-19:00 Plenary Talk: Timothy Kehoe, University of Minnesota 19:30-20:30 Cocktail at Dolmabahce Palace 20:30 Conference Dinner at Dolmabahce Palace 23:00 Busses Ready for Departure - 5 - SED 2009 Society for Economic Dynamics Overwiew of Parallel Sessions Thursday, July 2 10:00-12:00 13:15-15:15 15:45-17:45 Bond and Stock Pricing Macro-Asset Pricing Information Aggregation in A101 A205 Markets: Theory and Evidence A203 Housing Markets Uncertainty, Financial Markets and Aggregate Implications of A205 Business Cycles Financial Frictions A102 A202 Optimal Contracts with Models of Reputation Search Theory Moral Hazard A202 B203 B203 Monetary Policy and Monetary Policy and the Monetary Policy and Financial Market Imperfect Information Business Cycle Structure A102 B203 A102 Productivity in Open Sovereign Default Housing in Macroeconomics Economies A203 B204 A201 International Relative Trade and the Business Cycle Trade Dynamics Prices A206 A206 A206 Dynamic Games: Theory New Development in I.O. Firm and Market Dynamics and Applications A204 A205 BCEP The Causes and Social Networks Empirical Studies on the Turkish Consequences of Culture BCEP Economy 1 A207 B202 Labor Supply Inferring Labor Income Risk from Empirical Labor Economics A203 Income Data and Economic Choices A201 A201 News and Shocks The Welfare State and Employment Labor Markets and the A204 A101 Business Cycle A101 Growth and Public Goods in Economic Development Household Structure and the World Economy A207 Labor Supply A202 A207 Health Choices Social Security and Demographics Topics on Social Security B202 B202 BCEP 18:00-19:00 Plenary Talk: Christopher Sims BCONF/BFSAY - 6 - SED 2009 Society for Economic Dynamics Overwiew of Parallel Sessions Friday, July 3 10:00-12:00 13:15-15:15 15:45-17:45 Search and Matching Uncertainty, Asset Prices and Business Insurance for Health and Longevity Financial Markets Cycles Risk BCEP A207 A207 Mortgages and Foreclosure Corporate Finance Banking and Financial Markets A102 B202 BCEP Models of Community Interaction Mechanism Design Models of Organizations A207 A202 B202 Learning in Macro and Finance Structural Change, Business Cycles Reacting to New Information: Theory A101 and Monetary Policy and Applications A102 A101 Exchange Rates & Prices Monetary Policy in Open Economies New Perspectives on International A203 A101 Capital Flows A205 Open Economy Issues Trade & Technology Adoption Sorting B202 B203 B203 Political Economy Employment Contracts in General Employment and the B203 Equilibrium Life Cycle A204 A203 Education and Human Capital Intergenerational Transfers Empirical Methods for Policy A206 A206 Analysis A206 Taxation with Frictions Adverse Selection and General Investment Frictions A205 Equilibrium A202 BCEP RED Mini Conference on RED Mini Conference on RED Mini Conference on Sources of Business Cycle Fluctuations, Sources of Business Cycle Fluctuations, Sources of Business Cycle Session 1 Session 2 Fluctuations, Session 3 A201 A201 A201 The Economics of the Family: Families and Development Multiple Sectors and Growth Marriage, Education, and Labor A204 A203 Supply A102 Optimal Monetary and Tax Policy: Theory & Quantitative Public Policy and Political Economy Fiscal Policy Evaluation Distortions A202 A205 A204 Empirical Studies on the Turkish Economy 2 B204 18:00-19:00 Plenary Talk: Matthew Jackson BCONF/BFSAY - 7 - SED 2009 Society for Economic Dynamics Overwiew of Parallel Sessions Saturday, July 4 10:00-12:00 13:15-15:15 15:45-17:45 Finance and Recessions Firm Risk and Asset Prices The Role of Beliefs in Asset Pricing A205 A205 A205 Credit Risk: Theory & Measurement Real Effects of Credit Market Household Credit & Bankruptcy A203 Imperfections A101 A202 Bargaining in a Non-stationary Topics on Crises and Growth Dynamic Games and Reputation Environment A101 A203 A206 Macroeconomic Effects of Oil Price Monetary Economics Micro-foundations of Pricing Shocks A206 A102 B202 Trading Risk in International The Welfare Consequences of Current Account Dynamics Financial Markets International Financial Integration A102 A102 A201 Trade & Growth Trade & Firm Heterogeneity Trade & Inequality B203 B203 A204 Product Creation and Destruction Empirical Industrial Organization Firm Heterogeneity and Macro A202 A207 A202 Consumption Smoothing and Empirical Methods in Understanding Consumption Insurance Microeconomics Behavior A101 BCEP BCEP Search and Matching Matching in Labor Markets Search and Contracts in the Labor A207 A203 Market A207 Expectations in DSGE Models Applied Macroeconomic Analyses Advances in Computation of BCEP with DSGE models Dynamic Economies A201 B203 Productivity Heterogeneity and Growth New Elements in Business Cycle A201 B202 Models B202 New Dynamic Public Finance Political Economy Optimal Fiscal Policy A204 A204 A206 Studies on Crises, Pollution and Trade B204 18:00-19:00 Plenary Talk: Timothy Kehoe BCONF/BFSAY - 8 - SED 2009 Society for Economic Dynamics Complete List of All Sessions July 2, 10:00 12:00 Location: A101 Bond and Stock Pricing Risk Premia on Equity and Debt in a DSGE Model with Long-Run Real and Nominal Risks Glenn Rudebusch; Eric Swanson, Federal Reserve Bank of San Francisco Decomposing the Yield Curve John Cochrane; Monika Piazzesi, Stanford The Cyclical Component of US Asset Returns David Backus; Bryan Routledge; Carnegie Mellon, Stanley Zin The Bond Risk Premium and the Cross-Section of Equity Returns Ralph Koijen;
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