Macroeconomics Study Group

The Macroeconomics Study Group meets every Thursday 11:30 a.m. to 12:30 p.m. at A228. Presenting graduate students introduce their own research or briefly highlight the main points of a paper and relate it to their research plans. Papers are emailed to the group in advance.
All attendees are expected to contribute.


Date Presenter Paper(s)
September 18, 2008 General Discussion No papers to read.
September 25, 2008 Esra Durceylan-Kaygusuz "Competition and Organizational Choice of Firms," Work in Progress.



Previous Semesters' Workshops

Date Presenter Paper(s)
February 19, 2008 General Discussion No papers to read, all participants make brief presentations on research progress.
March 4, 2008 Gokce Akin Lichtenberg and de la Potterie. "International R&D Spillovers: A Re-examination," NBER WP#5668, 1996.
March 11, 2008 Sirma Kollu Meier. "Time preference, international migration, and social security," J. Population Econ., 2000.
March 25, 2008 Zeynep Burcu Bulut Kenny. "Modelling the demand and supply sides of the housing market: evidence from Ireland," Econ. Modelling, 1999.
April 1, 2008 Seda Meyveci Deardorff. "Determinants of Bilateral Trade: Does Gravity Work in a Neoclassical World" NBER WP, 1995.
April 8, 2008 Cagri Saglam Saglam. "Optimal Timing of Regime Switches: A multi-stage optimal control analysis" Work in progress.
April 15, 2008 Sevim Kosem Kosem. "Optimal Monetary Policy under Heterogeneity in Inflation Persistence Across Sectorss" Work in progress.
April 22, 2008 Seda Koymen Koymen. "TFP estimation: Implications for Spillover Analysis" Work in progress.
April 29, 2008 Ilay Kurt Lommerud and Straume. "Globalization and Union Opposition to Technological Change," CEPR DP#4836.
May 6, 2008 Mehmet Ozmen Ozmen. "Relative Wealth, Endogenous Discount Factor and Catching Up," Work in progress.
May 13, 2008 Sinem Kilic Kilic. "Effect of Financial Liberalization on Inequality," Work in progress.
May 27, 2008 Refet Gurkaynak Smith and Taylor. "The Long and the Short End of the Term Structure of Policy Rules," NBER WP#13635.
June 2, 2008 Sevcan Yesiltas Yesiltas. "Financial Constraints and Investment," Work in progress.


Date Presenter Paper(s)
September 18, 2007 Introductory meeting No papers to read
September 25, 2007 Agah Turan Acemoglu, Antras and Helpman. “Contracts and Technology Adoption”, AER, 2007
October 2, 2007 Gokce Akin Melitz. “The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity”, Econometrica, 2003
October 9, 2007 Ebru Gurer Greif. “Contract Enforcability and Economic Institutions in Early Trade: The Maghribi Traders' Coalition”, AER, 1993
October 16, 2007 Refet Gurkaynak Gourinchas and Jeanne. “The Elusive Gains from International Financial Integration”, REStud, 2006
October 23, 2007 Sinem Kilic Aoki, Benigno and Kiyotaki. "Adjusting to Capital Account Liberalization", LSE WP, 2006
October 30, 2007 Sevim Kosem Giannoni and Woodford. "Optimal Inflation Targeting Rules", in B. Bernanke and M. Woodford, eds., Inflation Targeting, University of Chicago Press, 2005.
November 6, 2007 Yesim Coskun Turnovsky, Basar and d'Orey. "Dynamic Strategic Monetary Policies and Coordination in Interdependent Economies," NBER WP#2467, 1987
November 13, 2007 Seda Koymen Javorcik. "Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers through Backward Linkages," AER, 2004.
November 20, 2007 Sevcan Yesiltas Demyanyk. "U.S. Banking Deregulation and Self-Employment: A Differential Impact on Those in Need," FRB St. Louis WP#2006-01.
November 27, 2007 Sebastien Blais Bekaert, Cho and Moreno. "New Keynesian Macroeconomics and The Term Structure," CEPR WP#5956.
December 4, 2007 Mehmet Ozer Long and Shimomura. "Relative Wealth, Status-Seeking and Catching Up," JEBO, 2004.


Date Topic Paper(s)
February 20, 2007 International Capital Flows and Income Distribution Goldberg and Pavcnik, 2007. "Distributional Effects Of Globalization In Developing Countries" NBER WP12885
February 27, 2007 Search Models Bayraktar and Sayek, 2007. "Foreign Firms and Labor Market Implications: An Analysis USing Heterogenous Matching Models" Bilkent University WP.
Pissarides, 1985. "Short-Run Equilibrium Dynamics of Unemployment, Vacancies, and Real Wages" AER
Shimer, 2005. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies" AER
March 6, 2007 More Search Calvó-Armengol and Jackson, 2004. "The Effects of Social Networks on Employment and Inequality" AER.
Kuhn and Skuterud "Internet Job Search and Unemployment Durations" AER
March 12, 2007 Inflation Persistence Roberts, 1997. "Is Inflation Sticky?" JME.
Fuhrer and Moore, 1995 "Inflation Persistence" QJE.
March 20, 2007 Learning and Anti-deflationary Policy Evans, Guse and Honkapohja, 1007. "Liquidity traps, learning and stagnation" Cambridge Univ. WP.
March 27, 2007 Current Account Adjustment Gourinchas and Rey, 2006. "International Financial Adjustment" UC Berkeley WP.
Obstfeld and Rogoff, 2005. "The Unsustainable US Current Account Position Revisited" Harvard Univ. WP.
April 17 2007 Balance of Payments Crises Krugman, 1979. "A Model of Balance of Payments Crises," JMCB.
Obstfeld, 1994. "The Logic of Currency Crises," Cahiers economiques et monetaires.
April 24, 2007 Balance of Payments Crises II Aghion, Banerjee, and Bacchetta, 2000. “A Simple Model of Monetary Policy and Currency Crises,” EER.
Burnside, Eichenbaum, and Rebelo, 2001. “Prospective Deficits and the Asian Currency Crisis,” JPE.


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