Cowles Foundation for Research in Economics

2nd ANNUAL CARESS–COWLES CONFERENCE ON
GENERAL EQUILIBRIUM AND ITS APPLICATIONS

April 28–30, 2006

Common Room, between 28 and 30 Hillhouse Avenue

List of Participants

FRIDAY, APRIL 28

12:00 pm Lunch
1:20 pm Opening Remarks
1:30 pm Alessandro Citanna, HEC-Paris, "Recursive Equilibrium in OLG Economies with Uncertainty" (with P. Siconolfi)
3:00 pm Break
3:10 pm Sergio Turner, Brown University, "How Large is a Policy’s Pareto Improvement When Asset Markets Are Incomplete?" (with M. Tirelli)
4:40 pm Break
5:00 pm Guillaume Rocheteau, Federal Reserve Bank of Cleveland, "General Equilibrium with Nonconvexities, Sunspots, and Money" (with P. Rupert, K. Shell and R. Wright)
7:30 pm Dinner, Union League Cafe, 1032 Chapel Street

SATURDAY, APRIL 29

8:00 am Continental Breakfast
9:00 am Giovanni Violante, New York University, "The Macroeconomic Implications of Rising Wage Inequality in the United States" (with J. Heathecoate and K. Storesletten)
10:30 am Break
10:40 am Ana Fostel, George Washington University, "A Supply Story: Emerging Markets, High Yield and Primary Market Closures"
12:10 pm Lunch
1:30 pm David Cass, University of Pennsylvania, "Multiplicity and Sunspots in General Financial Equilibrium with Portfolio Constraints" (with S. Basak, J.M. Licari and A. Pavlova)
3:00 pm Break
3:10 pm Laura Carosi, University of Pisa-Italy, "Endogenous Restricted Participation in General Financial Equilibrium" (with A. Villanacci) Abstract
4:40 pm Break
5:00 pm Yves Balasko, Paris-Jourdan Sciences Economiques, "Out-of-Equilibrium Price Dynamics"
7:30 pm Dinner, Scoozzi Trattoria and Wine Bar, 1104 Chapel Street

SUNDAY, APRIL 30

8:00 am Continental Breakfast
9:00 am Daniela Puzzello, University of Kentucky, "Anonymous Markets and Monetary Trading" (with C.D. Aliprantis and G. Camera)
10:30 am Break
10:40 am Paul Willen, Federal Reserve Bank of Boston, "Collateralized Borrowing and Life-Cycle Portfolio Choice" (with F. Kubler)
11:40 am Break
11:45 am Felix Kubler, University of Mannheim, "Leverage, Incomplete Markets, and Pareto Improving Regulation" (with J. Geanakoplos)
12:45 pm Lunch

LIST OF PARTICIPANTS