Afternoon session: Macro
14.00 – 14.45 Harald Uhlig (University of Chicago)
Financial Health Economics (joint with R.S.J. Koijen
and T.J. Philipson)
14.45 – 15.30 Michele Lenza (European Central Bank)
Money Market Uncertainty and Macroeconomic
Implications (joint with C. Altavilla and G. Carboni)
Organized by
CSEF
Centre for Studies in Economics and Finance
IGIER
Innocenzo Gasparini Institute for Economic Research
15.30 – 16.00 Coffee break
16.00 – 16.45 Giorgio Primiceri (Northwestern University)
Credit Supply and the Housing Boom (joint with A.
Justiniano and A. Tambalotti)
Co-funded by
16.45 – 17.30 Raffaella Giacomini (University College London)
Robust Bayes inference in SVARs
th
10 Csef-Igier Symposium
Friday 27 June 2014
on
Morning Session: AXA Session on Business
Groups
09.00 – 09.45 Amit Seru (University of Chicago)
Corporate Socialism around the world
09.45 – 10.30 Gordon Phillips (University of Southern California)
Product Market Uniqueness and Stock Market
Valuations (joint with G. Hoberg)
10.30 – 11.00 Coffee break
11.00 – 11.45 Francis Kramarz (Center for Research in
Economics and Statistics)
Are Internal Labor Markets Active in French
Business Groups? (joint with G. Cestone, C.
Fumagalli and G. Pica)
Economics and Institutions
Organizing Committee
Carlo Altavilla
Francesco Drago
Nicola Gennaioli
Chiara Fumagalli
Anna Maria Cristina Menichini
Nicola Pavoni
Maria Grazia Romano
Program
11.45 – 12.30 Belen Villalonga (New York University Stern)
The Role of Institutional Development in the
Prevalence and Performance of Entrepreneur and
Family-Controlled Firms (joint with R. Amit, Y. Ding,
H. Zhang)
12.30 – 13.15 Yishay Yafeh (Hebrew University of Jerusalem)
Business Groups In The United States: A Revised
History Of Corporate Ownership, Pyramids And
Regulation, 1930-1950 (joint with E. Kandel, K.
Kosenko, R. Morck)
13:15 – 14.30 Lunch
Secretarial Support
Stefania Maddaluno CSEF - [email protected]
ph. +39 081 675372
Centro Internazionale per la Cultura Scientifica
“Villa Orlandi”
Anacapri, 23-27 June 2014
Program
Monday, 23 June 2014
Afternoon Session: Micro Theory
13.00 – 14.00 Registration
14.00 – 14.45 Hamid Sabourian (University of Cambridge)
Repeated Implementation with Incomplete
Information
14.45 – 15.30 Marco Pagnozzi (University of Naples Federico II
and CSEF)
Entry by Takeover: Auctions vs. Bilateral
Negotiations (joint with A. Rosato)
15.30 – 16.00 Coffee break
16.00 – 16.45 Pierpaolo Battigalli (Bocconi University and
IGIER)
Monetary policies in self-confirming equilibria with
uncertain models (joint with S. Cerreia-Vioglio, F.
Maccheroni, M. Marinacci, and T. Sargent)
16.45 – 17.30 Martin Dufwenberg (Bocconi University and
IGIER)
Frustration & Anger in Games (joint with P. Battigalli
and A. Smith)
Tuesday, 24 June 2014
12.30 – 14.00 Lunch
12.30 – 14.00 Lunch
Afternoon session: Finance
Afternoon session: Macro Finance
14.00 – 14.45 Robert Marquez (University of California, Davis)
Selling assets: When is the whole worth more than
the sum of its parts? (joint with R. Singh)
14.00 – 14.45 Victor Rios-Rull (University of Minnesota)
Financial Frictions, Asset Prices, and the Great
Recession (joint with Z. Huo)
14.45 – 15.30 Elena Carletti (Bocconi University and IGIER)
Deposits and Bank Capital Structure (joint with F.
Allen and R. Marquez)
14.45 – 15.30 Dmitriy Sergeyev (Bocconi University and IGIER)
Financial Shocks and Job Flows (joint with N.
Mehrotra)
15.30 – 16.00 Coffee break
15.30 – 16.00 Coffee break
16.00 – 16.45 Sergei Kovbasyuk (Einaudi Institute for Economics
and Finance)
Advertising Arbitrage (joint with M. Pagano)
16.00 – 16.45 Salvatore Morelli (University of Naples Federico II
and CSEF)
Banking crises and stock market crashes in the US:
the response of top shares in historical perspective
16.45 – 17.30 Nicolas Serrano-Velarde (Bocconi University and
IGIER)
Bank Financing in Times of Crisis: Evidence from
RDD Time Series Estimates (joint with G. Rodano
and E. Tarantino)
17.30 – 18.15 Silvio Petriconi (Bocconi University and IGIER)
Bank Competition, Information Choice and
Inefficient Lending Booms
Wednesday 25 June 2014
Morning Session: Applied Econometrics
Morning Session: Macro Finance
09.00 – 09.45 Costas Meghir (Yale University)
Female Labour Supply, Human Capital and Welfare
Reform (joint with R. Blundell, M. Costa and J.
Shaw)
09.00 – 09.45 Fernando Broner (CREI - Universitat Pompeu
Fabra)
Sovereign Debt Markets in Turbulent Times:
Creditor Discrimination and Crowding-Out Effects
(joint with A. Erce, A. Martin and J. Ventura)
09.45 – 10.30 Andrew Ellul (Indiana University and CSEF)
Learning through a Smokescreen: CEO
Compensation over Tenure (joint with C. Cella and
N. Gupta)
09.45 – 10.30 Marco Di Maggio (Columbia Business School)
Credit-Induced Boom and Bust (joint with A.
Kermani)
16.45 – 17.30 Carlo Favero (Bocconi University and IGIER)
Implications of Return Predictability across
Horizons for Asset Pricing Models (joint with F.
Ortu, A. Tamoni and H. Yang)
20.00
Social dinner
Thursday 26 June 2014
Morning Session: Applied Micro
09.00 – 09.45 Nicola Persico (Northwestern University)
Exchange Efficiency with Weak Property Rights
(joint with O. Bar-Gill)
09.45 – 10.30 Viktar Fedaseyeu (Bocconi University and IGIER)
The Economics of Debt Collection: Enforcement of
Consumer Credit Contracts (joint with R. Hunt)
10.30 – 11.00 Coffee break
11.00 – 11.45 William Fuchs (University of California Berkeley)
Optimal Contracting and the Organization of
Knowledge (joint with L. Garicano and L. Rayo)
10.30 – 11.00 Coffee break
10.30 – 11.00 Coffee break
11.00 – 11.45 Orazio Attanasio (University College London)
Estimating the production function for human capital
in Colombia: how to interpret a Randomized Control
trial
11.00 – 11.45 Nicola Pavoni (Bocconi University and IGIER)
Ramsey Asset Taxation Under Asymmetric
Information (joint with P. Gottardi)
11.45 – 12.30 Giovanni Immordino (University of Salerno and
CSEF)
Taxing Cash to Fight Collaborative Tax Evasion?
(joint with F. Russo)
11.45 – 12.30 Tommaso Oliviero (University of Naples Federico
II and CSEF)
Financial Intermediation, House Prices and the
Welfare Effcts of the US Great Recession (joint with
D. Menno)
12.30 – 14.00 Lunch
11.45 – 12.30 Dimitris Christelis (CSEF, CFS and CEPAR)
The effect of parental education on children’s
scholastic achievement: a non-parametric bounds
analysis (joint with J. Messina and M. Lugo)