Tsinghua Workshop in Macroeconomics

Tsinghua Uinversity, Beijing, China

TWMacro 2015

**Tsinghua Workshop in Macroeconomics 2015**
May 20 - 22, 2015
SEM, Tsinghua University, Beijing, China
Venue: Room 418, Shunde Building
Keynote Speakers: Chris Sims and Harld Uhlig

Wednesday, May 20
8:20-8:40 Registration
8:40-8:45 Opening Remark

Morning session:

8:45-9:45 Benjamin Pugsley (Federal Reserve Bank of New York), Aysegul Sahin (Federal Reserve Bank of New York):

“Grown-up business cycles”

9:45-10:45 Andrea Raffo (Federal Reserve Board), Lee Ohanian (UCLA), Richard Rogerson (Princeton University):

“Firing Costs and Labor Market Fluctuations: A Cross-Country Analysis”

10:45-11:00 Coffee Break

11:00-12:00 Rody Manuelli (Washington University in St. Louis):

“AIDS, Human Capital and Development”

12:00-1:30 Lunch

Afternoon session:

1:30-2:30 German Cubas (University of Houston), B. Ravikumar (Federal Reserve Bank of St Louis)

Gustavo Ventura (Arizona State University):

“Talent, Labor Quality, and Economic Development”

2:30-3:30 Raul Santaeulalia (Washington University in St Louis):

“Labor Share Decline and the Capitalization of Intellectual Property”

3:30-3:45 Coffee Break

3:45-4:45 Thien Nguyen (Ohio State University):

“Bank Capital Requirements: A Quantitative Analysis”

Thursday, May 21
Morning session:

8:45-9:45 Feng Dong (Shanghai Jiaotong University), Pengfei Wang (HKUST),

Yi Wen (Federal Reserve Bank of ST. Louis and Tsinghua University):

“Credit Search and Credit Cycles”

9:45-10:45 Sebastian Dyrda (University of Minnesota):

“Fluctuations in Uncertainty, Efficient Borrowing Constraints and Firm Dynamics”

10:45-11:00 Coffee Break

11:00-12:00 Keynote Speech by Chris Sims (Princeton):

“Discrete Actions in Information-Constrained Decision Problems”

by Junehyuk Jung (Princeton), Jeong-Ho Kim (Princeton), Filip Matejka (Charles University),

Chris Sims (Princeton)

12:00-1:30 Lunch

Afternoon session:

1:30-2:30 Toshihiko Mukoyama (University of Virginia), Latchezar Popov (University of Virginia):

“Industrialization and the Evolution of Enforcement Institutions”

2:30-3:30 Nicolas Crouzet (Northwestern University):

“Aggregate implications of corporate debt choices”

3:30-4:00 Coffee Break

4:00-5:00 Keynote Speech by Harald Uhlig (University of Chicago):

“Financial Health Economics”

by Ralph S.J. Koijen (London Business School), Tomas J. Philipson (University of Chicago),

Harald Uhlig (University of Chicago)

6:00-8:00 Conference Dinner