May 13-14, 2010
Organizers
- Fernando Alvarez, University of Chicago
- Robert Lucas Jr., University of Chicago
This conference presented new research on topics such as money substitutes, liquidity, and the interplay between money and banking. Models seeking to explain the forces contributing to the financial crisis and the desirability of policy intervention during crisis times were a focus of several scholars at this conference. Additionally, the topics of financial market complexity and transparency were explored.
Sponsor
- The Milton Friedman Institute for Research in Economics
Program
Efficient Contracts, Inefficient Equilibria, and Renegotiation
- Edward Green (Pennsylvania State University)
- Paper (.pdf) » | Watch Video »
Interest on Cash with Endogenous Fiscal Policy
- Neil Wallace (Pennsylvania State University)
- Paper (.pdf) » | Watch Video »
Crises and Liquidity in Over the Counter Markets
- Ricardo Lagos (New York University)
- Watch Video »
Liquidity Shocks and Order Book Dynamics
- Pierre-Olivier Weill (UCLA)
- Paper (.pdf) » | Watch Video »
Career Length: Effects of Curvature of Earnings Profiles, Earnings Shocks, and Social Security
- Thomas J. Sargent (New York University)
- Paper (.pdf) » | Watch Video »
Credit Crises and Liquidity Traps
- Guido Lorenzoni (MIT)
- Paper (.pdf) » | Watch Video »
Ignorance, Crisis and the Optimality of Debt for Liquidity Provision
- Gary Gorton (Yale University)
- Paper (.pdf) » | Watch Video »
Fire Sales in a Model of Complexity
- Ricardo Caballero (MIT)
- Paper (.pdf) » | Watch Video »
