Macro Reading Group

Facilitators: Anananth Seshadri, Yongs Shin and Rody Manuelli

Topics (tentative)

bullet International Risk Sharing.
bullet Paper: "International Risk Sharing is Better than you Think, or Exchange Rates are Too Smooth," by Michael W. Brandt, John H. Cochrane and Pedro Santa-Clara (pdf)
bullet Background papers:
bullet Optimal Population
bullet Paper: "Efficiency with Endogenous Population Growth," by Mikhail Golosov, Larry Jones and Michele Tertilt (pdf)
bullet Background papers:
bullet Health and Growth
bullet Paper: "The Value of Life and the Rise in Health Spending," by Robert Hall and Charles Jones, (pdf)
bullet Background paper: "The Human Capital Model of the Demand for Health," by Michael Grossman (pdf)
bullet Background paper: " A Model of the Demand for Longevity and the Value of Life Extension," By Isaac Ehrlich and Hiroyuki Chuma (pdf)
bullet Asset Pricing
bullet Paper: "Consumption Strikes Back," by Lars P. Hansen, John C. Heaton and Nan Li (pdf)
bullet Paper: "Rational Pessimism, Rational Exuberance and Markets for Macro Risks," by Ravi Bansal, A. Ronald Gallant and George Tauchen (pdf)
bullet Background paper:
bullet Search Models
bullet Paper: "The Assignment of Workers to Jobs in an Economy with Coordination Frictions," by Robert Shimer (pdf)
bullet Paper: "Competitive Search Equilibrium with Asymmetric Information," by Robert Shimer and Randall Wright (pdf)
bullet Background paper:

Meeting Times

bullet Wednesdays from 5:30 to 7:30 in the Morton Room
bullet Schedule of Presentations:
bullet 10/20: Martinez-Garcia: "Rational Pessimism, Rational Exuberance and Markets for Macro Risks," by Ravi Bansal, A. Ronald Gallant and George Tauchen
bullet 10/27: Iverson: "Consumption Strikes Back," by Lars P. Hansen, John C. Heaton and Nan Li.
bullet 11/03: No meeting.
bullet 11/10: Cohen-Cole: " A Model of the Demand for Longevity and the Value of Life Extension," By Isaac Ehrlich and Hiroyuki Chuma
bullet 11/17: Rondina:  "The Value of Life and the Rise in Health Spending," by Robert Hall and Charles Jones.
bullet 12/1: Kang: "International Risk Sharing is Better than you Think, or Exchange Rates are Too Smooth," by Michael W. Brandt, John H. Cochrane and Pedro Santa-Clara.
bullet 12/8: ?