{"id":13022,"date":"2015-06-12T18:59:42","date_gmt":"2015-06-12T18:59:42","guid":{"rendered":"http:\/\/ec2-52-1-87-149.compute-1.amazonaws.com\/newSED\/?page_id=13022"},"modified":"2017-07-24T04:36:15","modified_gmt":"2017-07-24T04:36:15","slug":"sed1994_program","status":"publish","type":"page","link":"https:\/\/david-alegre.com\/repo-sed\/sed1994_program\/","title":{"rendered":"SED1994_Program"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 hundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-overflow:visible;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last fusion-column-no-min-height\" style=\"--awb-bg-size:cover;--awb-margin-bottom:0px;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-title title fusion-title-1 fusion-title-text fusion-title-size-one\" style=\"--awb-sep-color:#ffffff;\"><h1 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\">1994 Meetings of the Society for Economic Dynamics<\/h1><span class=\"awb-title-spacer\"><\/span><div class=\"title-sep-container\"><div class=\"title-sep sep-single sep-solid\" style=\"border-color:#ffffff;\"><\/div><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last fusion-column-no-min-height\" style=\"--awb-bg-size:cover;--awb-margin-bottom:0px;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-title title fusion-title-2 fusion-title-text fusion-title-size-one\"><h1 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\">Program<\/h1><span class=\"awb-title-spacer\"><\/span><div class=\"title-sep-container\"><div class=\"title-sep sep-single sep-solid\" style=\"border-color:#56705c;\"><\/div><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion_builder_column_5_6 5_6 fusion-five-sixth fusion-column-first\" style=\"--awb-bg-size:cover;width:82.6666%; margin-right: 4%;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-1\"><p align=\"center\"><b>Sunset Village Conference Center, UCLA<\/b><\/p>\n<p align=\"center\"><b>June 30 &#8211; July 2<\/b><\/p>\n<table border=\"0\" width=\"407\" cellspacing=\"0\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td align=\"left\" valign=\"middle\" width=\"50%\"><\/td>\n<td align=\"left\" valign=\"middle\" width=\"50%\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Program Committee<\/b><\/p>\n<div>\n<table border=\"0\" width=\"407\" cellspacing=\"0\" cellpadding=\"8\">\n<tbody>\n<tr>\n<td valign=\"top\" width=\"50%\"><b>Chairman:<\/b> Gary D. Hansen, <i>UCLA<\/i><\/td>\n<td valign=\"top\" width=\"50%\">Dale T. Mortensen, <i>Northwestern University<\/i><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"50%\">Masanao Aoki, <i>UCLA<\/i><\/td>\n<td valign=\"top\" width=\"50%\">Lee Ohanian, <i>University of Pennsylvania<\/i><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"50%\">R. Anton Braun, <i>Fed. Reserve Bank of Minneapolis<\/i><\/td>\n<td valign=\"top\" width=\"50%\">Christopher Phelan, <i>University of Wisconsin<\/i><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"50%\">Satyajit Chatterjee, <i>Fed. Reserve Bank of Philadelphia<\/i><\/td>\n<td valign=\"top\" width=\"50%\">Simon Potter, <i>UCLA<\/i><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"50%\">Harold Cole, <i>Federal Reserve Bank of Minneapolis<\/i><\/td>\n<td valign=\"top\" width=\"50%\">B. Ravikumar, <i>University of Virginia<\/i><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"50%\">John Duffy, <i>University of Pittsburgh<\/i><\/td>\n<td valign=\"top\" width=\"50%\">Manuel Santos, <i>Universidad Carlos III<\/i><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"50%\">Selahattin Imrohoroglu, <i>U. of Southern California<\/i><\/td>\n<td valign=\"top\" width=\"50%\">Don E. Schlagenhauf, <i>Arizona State University<\/i><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"50%\">Albert Marcet, <i>U. Pompeu Fabra<\/i><\/td>\n<td valign=\"top\" width=\"50%\">Linda Tesar, <i>U.C. Santa Barbara<\/i><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"50%\"><\/td>\n<td valign=\"top\" width=\"50%\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><b>Local Organization<\/b><\/p>\n<div>\n<table border=\"0\" width=\"407\" cellspacing=\"0\" cellpadding=\"8\">\n<tbody>\n<tr>\n<td valign=\"top\" width=\"50%\"><b>Chairman: <\/b>Gary D. Hansen, <i>UCLA<\/i><\/td>\n<td valign=\"top\" width=\"50%\">Rajeev Dhawan, <i>UCLA<\/i><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"50%\">Rosalind Bennett, <i>UCLA<\/i><\/td>\n<td valign=\"top\" width=\"50%\">Ayse Imrohoroglu, <i>University of Southern California<\/i><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><a name=\"s1\"><\/a><\/p>\n<p><b>SESSION 1: <\/b>Thursday, June 30, 2:00 &#8211; 3:30 pm<\/p>\n<p>(The last prestenter in each subsession should serve as Chair.)<\/p>\n<p><b>A.<\/b> <b>Savings and Asset Prices in Models With Heterogeneous Agents<\/b><\/p>\n<ul>\n<li>Orazio Attanasio, Stanford University<br \/>\nCostas Meghir, University College London and Hoover Institution<br \/>\n<i>Household Consumption and Saving in the U.S. and the U.K.<\/i><\/li>\n<\/ul>\n<ul>\n<li>Wouter Den Haan, University of California-San Diego<br \/>\n<i>Aggregate Uncertainty, Heterogeneous Agents and Short-Term Interest Rates<\/i><\/li>\n<\/ul>\n<ul>\n<li>Christopher Carroll, Johns Hopkins University and Board of Governors of the Federal Reserve<br \/>\n<i>Buffer Stock Saving and the Life Cycle\/Permanent Income Hypotheses<\/i><\/li>\n<\/ul>\n<ul>\n<li>John Heaton, MIT<br \/>\nDeborah Lucas, Northwestern University<br \/>\n<i>Savings Behavior and Consumption Smoothing<\/i><\/li>\n<\/ul>\n<p><b>B. Business Cycles<\/b><\/p>\n<ul>\n<li>Eswar S. Prasad, International Monetary Fund<br \/>\n<i>Labor Market Dynamics in an Equilibrium Business Cycle Model with Heterogeneous Labor<\/i><\/li>\n<\/ul>\n<ul>\n<li>Charles E. Swanson, Temple University<br \/>\n<i>Shocks Without an Apparent Cause<\/i><\/li>\n<\/ul>\n<ul>\n<li>Rajeev Dhawan, University of California-Los Angeles<br \/>\n<i>Firm Specific Heterogeneity, Costly Financial Intermediation and The Business Cycle<\/i><\/li>\n<\/ul>\n<ul>\n<li>Per Krusell, University of Pennsylvania<br \/>\nAnthony A. Smith, Jr., Carnegie-Mellon University<br \/>\n<i>Aggregation in the Stochastic Growth Model: A Computational Approach<\/i><\/li>\n<\/ul>\n<p><b>C. Growth and Convergence<\/b><\/p>\n<ul>\n<li>Morgan W. Kelly, Cornell University<br \/>\nAnya Hageman, Cornell University<br \/>\n<i>Marshllian Externilities in Innovation and Growth<\/i><\/li>\n<\/ul>\n<ul>\n<li>Jo\ufffdo L. C\ufffdsar das Neves, Universidad Cat\ufffdlica Portuguesa<br \/>\n<i>World Convergence: A Multivariable Approach<\/i><\/li>\n<\/ul>\n<p><b>D. Learning<\/b><\/p>\n<ul>\n<li>Bartholomew J. Moore, Rutgers University<br \/>\nHuntley Schaller, Carleton University<br \/>\n<i>Learning and Mean Reversion<\/i><\/li>\n<\/ul>\n<ul>\n<li>Emilio Barucci, University of Florence<br \/>\nLeonardo Landi, University of Florence<br \/>\n<i>Convergence of Least Mean Squares Learning Algorithm in Self Referential Linear Stochastic Models<\/i><\/li>\n<\/ul>\n<ul>\n<li>Jasmina Arifovic, Simon Fraser University<br \/>\n<i>The Behavior of Exchange Rates in Genetic Algorithm and Experimental Economies<\/i><\/li>\n<\/ul>\n<ul>\n<li>Lars Ljungqvist, University of Wisconsin<br \/>\nThomas J. Sargent, University of Chicago and Hoover Institution<br \/>\n<i>The Swedish Unemployment Experience<\/i><\/li>\n<\/ul>\n<ul>\n<li>James Bullard, Federal Reserve Bank of St. Louis<br \/>\nJohn Duffy, University of Pittsburgh<br \/>\n<i>A Model of Learning and Emulation With Artificial Adaptive Agents<\/i><\/li>\n<\/ul>\n<p><b>E. Monetary Theory<\/b><\/p>\n<ul>\n<li>Mark Huggett, University of Illinois<br \/>\nStefan Krasa, University of Illinois<br \/>\n<i>Fiat Money as a Mechanism in Turnpike Economies<\/i><\/li>\n<\/ul>\n<ul>\n<li>Juan M. Renero, University of Minnesota<br \/>\n<i>Gresham&#8217;s Law Type Equilibria in the Kiyotaki-Wright Model<\/i><\/li>\n<\/ul>\n<ul>\n<li>Arthur J. Rolnick, Federal Reserve Bank of Minneapolis<br \/>\nWarren E. Weber, Federal Reserve Bank of Minneapoli<br \/>\n<i>Inflation and Money Growth: A Historical Perspective<\/i><\/li>\n<\/ul>\n<ul>\n<li>Andreas Blume, University for Iowa<br \/>\nDean Corbae, University for Iowa<br \/>\n<i>Enforcement and the Value of Money<\/i><\/li>\n<\/ul>\n<p><b>COFFEE BREAK:<\/b> 3:30 &#8211; 4:00 pm<\/p>\n<p><a name=\"s2\"><\/a><\/p>\n<p><b>SESSION 2<\/b>: Thursday, June 30, 4:00 &#8211; 5:30 pm<\/p>\n<p>(The last prestenter in each subsession should serve as Chair.)<\/p>\n<p><b>A. Dynamic Fiscal Policy<\/b><\/p>\n<ul>\n<li>Kenneth Judd, Hoover Institution<br \/>\n<i>The Optimal Tax on Capital is Negative<\/i><\/li>\n<\/ul>\n<ul>\n<li>Jang-Ting Guo, Universityof California-Riverside<br \/>\nKevin J. Lansing, Federal Reserve Bank of Cleveland<br \/>\n<i>Dividend Taxation and the Stability for Equilibrium in a Model of Dynamic Optimal Fiscal Policy<\/i><\/li>\n<\/ul>\n<ul>\n<li>German Rojas, Universitat Pompeu Fabra<br \/>\n<i>Optimal Taxation in a Stochastic Grwoth Model with Public Capital: Crowding-In Effects and Stabilization Policy<\/i><\/li>\n<\/ul>\n<ul>\n<li>Eric M. Leeper, Federal Reserve Bank of Atlanta<br \/>\nChristopher A. Sims, Yale University<br \/>\n<i>Toward a Modern Macroeconomic Model Usable for Policy Analysis<\/i><\/li>\n<\/ul>\n<ul>\n<li>Dean Croushore, Federal Reserve Bank of Philadelphia<br \/>\n<i>Ricardian Equivalence With Wage-Rate Uncertainty<\/i><\/li>\n<\/ul>\n<p><b>B. Lifecycle Models<\/b><\/p>\n<ul>\n<li>Siu Fai Leung, University of Rochester<br \/>\n<i>Uncertain Lifetime, Time Preference and Saving<\/i><\/li>\n<\/ul>\n<ul>\n<li>Mark Huggett, University of Illinois<br \/>\n<i>Wealth Distribution in Life Cycle Economies: A Quantitative Theoretical Investigation<\/i><\/li>\n<\/ul>\n<p><b>C. International Finance<\/b><\/p>\n<ul>\n<li>Carl Chiarella, University for Technology, Sidney<br \/>\n<i>A Nonlinear Stochastic Model of Exchange Rate Dynamics<\/i><\/li>\n<\/ul>\n<ul>\n<li>Guglielmo Maria Caporale, London Business School<br \/>\nNikitas Pittis, University of Cyprus<br \/>\n<i>The Statistical Behavior of Deutschemark Excess Returns Vis-a-Vis EMS and Non-EMS Currencies<\/i><\/li>\n<\/ul>\n<ul>\n<li>Patrick K. Asea, UCLA<br \/>\nEnrique G. Mendoza, International Monetary Fund<br \/>\n<i>The Balassa-Samuelson Model: A General Equilibrium Appraisal<\/i><\/li>\n<\/ul>\n<ul>\n<li>Irasema Alonso, U. Pompeu Fabra<br \/>\n<i>Persistent Nonfundametal Exchange Rate Fluctuations With and Without an Active Government<\/i><\/li>\n<\/ul>\n<p><b>D. Growth and the Role of Public Capital<\/b><\/p>\n<ul>\n<li>Rafael Flores de Frutos, Universidad Complutense<br \/>\nAlfredo M. Pereira, University of California-San Diego<br \/>\n<i>Public Capital and Aggregate Growth in the United States: Is Public Capital Productive?<\/i><\/li>\n<\/ul>\n<ul>\n<li>Kenneth R. Beauchemin, University of Iowa<br \/>\n<i>Wither the Stock of Public Capital?<\/i><\/li>\n<\/ul>\n<ul>\n<li>Michael Kaganovich, Indiana University<br \/>\n<i>Sustained Endogenous Growth in Convex vs. Linear Models With Heterogeneous Capital: What Is The Difference?<\/i><\/li>\n<\/ul>\n<ul>\n<li>Zvi Eckstein, Tel Aviv University<br \/>\nCostas Foulides, Athens University<br \/>\nTryphon Kollintzas, Athens University<br \/>\n<i>Are U.S. Growth Rate Fluctuations Consistent With Log-Linear Growth Models?<\/i><\/li>\n<\/ul>\n<p><b>E. New Approaches to Macroeconomic Modeling<\/b><\/p>\n<ul>\n<li>Nicolaas J. Vriend, Santa Fe Institute<br \/>\n<i>Self-Organized Markets in a Decentralized Economy<\/i><\/li>\n<\/ul>\n<ul>\n<li>Masanao Aoki, University of California-Los Angeles<br \/>\nUgyeong Jeong, Kwandong University<br \/>\n<i>Modeling Non-Local Interaction Among Agents: Mean Field Approximations Analysis of Business Cycles<\/i><\/li>\n<\/ul>\n<ul>\n<li>J. Michael Orszag, University of Michigan<br \/>\n<i>On a Field Theoretic Approach to Statistical Macroeconomics<\/i><\/li>\n<\/ul>\n<ul>\n<li>Masanao Aoki, University of California-Los Angeles<br \/>\nYoshio Miyahara, Nagoya City University<br \/>\n<i>Stochastic Aggregation and Dynamic Field Effects<\/i><\/li>\n<\/ul>\n<p><b>COCKTAIL HOUR (No Host): <\/b>5:30 &#8211; 7:30 pm, Tree Patio<\/p>\n<p><b>*********************************************<\/b><\/p>\n<p><b>BREAKFAST: <\/b>7:00 &#8211; 9:00 am<\/p>\n<p align=\"left\"><a name=\"s3\"><\/a><\/p>\n<p><b>SESSION 3<\/b>: Friday, July 1, 9:00 &#8211; 10:30 am<\/p>\n<p>(The last prestenter in each subsession should serve as Chair.)<\/p>\n<p><b>A. Income and Wealth Distribution Dynamics<\/b><\/p>\n<ul>\n<li>Per Krusell, University of Pennsylvania<br \/>\n<i>Politico-Economic Equilibrium and Economic Growth<\/i><\/li>\n<\/ul>\n<ul>\n<li>B. Ravikumar, University of Virginia<br \/>\nGerhard Glomm, Michigan State University<br \/>\n<i>Increasing Returns, Stages of Growth and the Kuznets Hypothesis<\/i><\/li>\n<\/ul>\n<ul>\n<li>Satyajit Chatterjee, Federal Reserve Bank of Philadelphia<br \/>\n<i>Schooling, Investment and Economic Development: Implications for the Distribution of Earnings, Income and Wealth<\/i><\/li>\n<\/ul>\n<p><b>B. Issues in Open Economy Macroeconomics<\/b><\/p>\n<ul>\n<li>Enrique Mendoza, International Monetary Fund<br \/>\nGuillermo Calvo, University of Maryland<br \/>\n<i>Trade Reforms of Uncertain Duration and Real Uncertainty: A First Approximation<\/i><\/li>\n<\/ul>\n<ul>\n<li>Lee Ohanian, University of Pennsylvania<br \/>\nAlan Stockman, Universityof Rochester<br \/>\n<i>Short-Run Independence of Monetary Policy Under Pegged Exchange Rates and the Effects of Money on Exchange Rates and Interest Rates<\/i><\/li>\n<\/ul>\n<ul>\n<li>Caroline Betts, Cornell University<br \/>\nBruce Smith, Cornell University<br \/>\n<i>Money, Banking and the Determination of Real and Nominal Exchange Rates<\/i><\/li>\n<\/ul>\n<ul>\n<li>Elvan Ozlu, Syracuse University<br \/>\nDon Schlagenhauf, Arizona State University<br \/>\n<i>Implications of Alternative Exchange Rate Regimes in Monetary Models<\/i><\/li>\n<\/ul>\n<p><b>C. Asset Pricing<\/b><\/p>\n<ul>\n<li>Wouter den Haan, University of California, San Diego<br \/>\nScott A. Spear, University of California, San Diego<br \/>\n<i>Arch in Heterogeneous Agent Models<\/i><\/li>\n<\/ul>\n<ul>\n<li>Tzu-Kuan Chiu, University of Pennsylvania<br \/>\n<i>Endogenous Preference Shifts and Asset Prices<\/i><\/li>\n<\/ul>\n<ul>\n<li>Robert Connolly, University of North Carolina<br \/>\nJennifer Conrad, University of North Carolina<br \/>\nKarl Snow, University of North Carolina<br \/>\n<i>Asset Pricing Models: Estimation and Diagnostics of Discount Rate Processes <\/i><\/li>\n<\/ul>\n<ul>\n<li>David Chapman, University of Texas<br \/>\n<i>Habit Formation, Consumption, and State-Prices<\/i><\/li>\n<\/ul>\n<p><b>D. Commitment and Reform<\/b><\/p>\n<ul>\n<li>Roberto Chang, Federal Reserve Bank of Atlanta<br \/>\n<i>Commitment, Coordination Failures, and Delayed Reform<\/i><\/li>\n<\/ul>\n<ul>\n<li>Jolanda E. Heemskerk, Tinbergen Institute<br \/>\n<i>Credibility for Disinflationary Policies in The Netherlands and Belgium<\/i><\/li>\n<\/ul>\n<ul>\n<li>Silke Fabian, George Washington University<br \/>\n<i>The Problem of Time Inconsistency in Macroeconomics Revisited<\/i><\/li>\n<\/ul>\n<ul>\n<li>Albert Marcet, Universitat Pompeu Fabra<br \/>\nJuan Pablo Nicolini, Universitat Pompeu Fabra<br \/>\n<i>Recurrent Hyperinflations and Learning<\/i><\/li>\n<\/ul>\n<p><b>E. Endogenous Fluctuations I<\/b><\/p>\n<ul>\n<li>Pierce Cartigny, GREQAM, Universit\ufffds d&#8217;Aix-Marseille II<br \/>\nAlain Venditti, GREQAM, Universit\ufffds d&#8217;Aix-Marseille II<br \/>\n<i>Endogenous Cycles in Discrete Symmetric Multisector Optimal Growth Models<\/i><\/li>\n<\/ul>\n<ul>\n<li>Guiomar Martin, Universidad de Valladolid<br \/>\nMaria Dolores Soto, Universidad de Valladolid<br \/>\n<i>Effects of Permanent or Temporary Fluctuations in Wages on Capital and Consumption<\/i><\/li>\n<\/ul>\n<ul>\n<li>Fr\ufffdd\ufffdric Lordon, CNRS and CEPREMAP<br \/>\n<i>Periodic and Aperiodic Fluctuations in a Goodwinian Kaldorian Model of Endogenous Growth<\/i><\/li>\n<\/ul>\n<p><b>Coffee available between sessions.<\/b><\/p>\n<p><a name=\"s4\"><\/a><\/p>\n<p><b>SESSION 4<\/b>: Friday, July 1, 10:45 am &#8211; 12:15 pm<\/p>\n<p>(The last prestenter in each subsession should serve as Chair.)<\/p>\n<p><b>A. Money, Fluctuations, and Policy<\/b><\/p>\n<ul>\n<li>Paul Beaudry, Boston University<br \/>\nMichael B. Devereux, University of British Columbia<br \/>\n<i>Monopolistic Competition, Price Setting and the Effects of Real and Monetary Shocks<\/i><\/li>\n<\/ul>\n<ul>\n<li>V.V. Chari, Northwestern University<br \/>\nLawrence Christiano, Northwestern University<br \/>\nMartin Eichenbaum, Northwestern University<br \/>\n<i>TBA<\/i><\/li>\n<\/ul>\n<ul>\n<li>Stephen D. Williamson, University of Iowa<br \/>\n<i>Sequential Markets and the Suboptimality for the Friedman Rule<\/i><\/li>\n<\/ul>\n<p><b>B. The Job-Worker Matching Process<\/b><\/p>\n<ul>\n<li>Melvyn G. Coles, University of Essex<br \/>\nEric Smith, University of Essex<br \/>\n<i>Employment Agencies and the Duration of Search<\/i><\/li>\n<\/ul>\n<ul>\n<li>Patricia M. Anderson, Dartmouth College<br \/>\nSimon M. Burgess, Bristol University<br \/>\n<i>Job Matching and Competition Among the Employed and Unemployed: Some Disaggregate Evidence<\/i><\/li>\n<\/ul>\n<ul>\n<li>Shouyong Shi, Queens University<br \/>\nQuan Wen, Unversity of Windsor<br \/>\n<i>Unemployment and the Dynamic Effects of Factor Taxation<\/i><\/li>\n<\/ul>\n<ul>\n<li>Dale T. Mortensen, Northwestern University<br \/>\nStephen Millard, Northwestern University<br \/>\n<i>The Unemployment and Welfare Effects of Labor Market Policies: A Case for a Hiring Subsidy <\/i><\/li>\n<\/ul>\n<p><b>C. State Space Modeling and Optimal Control<\/b><\/p>\n<ul>\n<li>Peter Zadrozny, G.T.E. Laboratories, Inc.<br \/>\n<i>A State-Space Method for Solving Linear Rational Expectation Models with an Application to a Keynesian Style Model<\/i><\/li>\n<\/ul>\n<ul>\n<li>Emilio Barucci, University of Florence<br \/>\nPierLuigi Zezza, University of Florence<br \/>\n<i>Necessary and Sufficient Conditions in Optimal Control and Applications to Economics<\/i><\/li>\n<\/ul>\n<ul>\n<li>Jacek B. Krawczyk, Victoria University of Wellington<br \/>\n<i>A Dynamic Game Model of Effluent Management<\/i><\/li>\n<\/ul>\n<ul>\n<li>Sudhakar Achath, University of Texas<br \/>\nHans M. Amman, University of Amsterdam<br \/>\nDavid A. Kendrick, University of Texas<br \/>\n<i>Solving Stochastic Macromodels with Forward Variables<\/i><\/li>\n<\/ul>\n<p><b>D. Growth and Learning<\/b><\/p>\n<ul>\n<li>Graziella Bertocchi, University of Modena<br \/>\nLeonard J. Mirman, University of Virginia<br \/>\nMichael Spagat, Brown University<br \/>\n<i>Growth Under Uncertainty with Experimentation<\/i><\/li>\n<\/ul>\n<ul>\n<li>Baoline Chen, Indiana University<br \/>\n<i>Threshold Learning and Endogenous Economic Growth<\/i><\/li>\n<\/ul>\n<ul>\n<li>Tor Einarsson, University of Iceland<br \/>\nMilton H. Marquis, Federal Reserve Board<br \/>\n<i>An RBC Model With Growth: The Role of Human Capital<\/i><\/li>\n<\/ul>\n<ul>\n<li>Boyan Jovanovic, New York University<br \/>\nYaw Nyarko, New York University<br \/>\n<i>The Bayesian Foundations of Learning by Doing<\/i><\/li>\n<\/ul>\n<p><b>E. Nonlinear Models of Interest Rates<\/b>: An Application of a Sample Selectivity Model<\/p>\n<ul>\n<li>Woon Gyu Choi, University of California, Los Angeles<br \/>\n<i>The Discount Rate Policy Reaction Function of the Monetary Authority<\/i><\/li>\n<\/ul>\n<ul>\n<li>Gerard A. Pfann, University of Limburg<br \/>\nPeter C. Schotman, University of Limburg<br \/>\nRolf Tschernig, University of Munich<br \/>\n<i>Nonlinear Interest Rate Dynamics and Implications for the Term Structure<\/i><\/li>\n<\/ul>\n<ul>\n<li>Woon Gyu Choi, University of California, Los Angeles<br \/>\nSimon Potter, University of California, Los Angeles<br \/>\n<i>The Nonlinear Effects of Money and Interest Rates Over the Business Cycle<\/i><\/li>\n<\/ul>\n<p><b>LUNCH:<\/b> 12:15 &#8211; 1:30 pm<\/p>\n<p><a name=\"s5\"><\/a><\/p>\n<p><b>SESSION 5<\/b>: Friday, July 1, 1:30 &#8211; 3:00 pm<\/p>\n<p>(The last prestenter in each subsession should serve as Chair.)<\/p>\n<p><b>A. Banking and Financial Intermediation<\/b><\/p>\n<ul>\n<li>Pamela Labadie, Federal Reserve Board of Governors<br \/>\n<i>Regulation and the Cost of Capital in a General Equilibrium Banking Model<\/i><\/li>\n<\/ul>\n<ul>\n<li>Valerie R. Bencivenga, Cornell University<br \/>\nBruce D. Smith, Cornell University<br \/>\nRoss M. Starr, University of California-San Diego<br \/>\n<i>Liquidity for Secondary Capital Markets, Capital Accumulation, and the Term Structure of Asset Yields<\/i><\/li>\n<\/ul>\n<ul>\n<li>Roger Craine, University of California-Berkeley<br \/>\n<i>Deposit Insurance<\/i><\/li>\n<\/ul>\n<p><b>B. Trade Policy and Growth<\/b><\/p>\n<ul>\n<li>Paulo Brito, Bank of Portugal<br \/>\n<i>Growth, External Debt and Real Exchange Rates With Locally Increasing Returns and Sovereign Risk<\/i><\/li>\n<\/ul>\n<ul>\n<li>Steve Ambler, UQAM<br \/>\nEmanuela Cardia, Universite de Montreal<br \/>\nJeannine M. Farazli, University of Calgary<br \/>\n<i>Endogenous Growth and Export-Promoting Policies<\/i><\/li>\n<li>Thomas Osang, University of California-San Diego<br \/>\nAlfredo Pereira, University of California-San Diego<br \/>\n<i>Import Tariffs and Growth in a Small Open Economy<\/i><\/li>\n<\/ul>\n<ul>\n<li>Thomas Holmes, Federal Reserve Bank of Minneapolis<br \/>\nJames Schmitz, Federal Reserve Bank of Minneapolis<br \/>\n<i>Free Trade and Resistance to Change: Increasing the Number of Battlefronts to Win the War<\/i><\/li>\n<\/ul>\n<ul>\n<li>Dan Ben-David, University of Houston<br \/>\nMichael B. Loewy, University of Houston<br \/>\n<i>Some Growth Implications of Trade Liberalization<\/i><\/li>\n<\/ul>\n<p><b>C. Computation in Economic Models<\/b><\/p>\n<ul>\n<li>Albert Marcet, Universidad Pompeu Fabra<br \/>\nDavid Marshall, Northwestern University<br \/>\n<i>On the Convergence of Parameterized Expectations<\/i><\/li>\n<\/ul>\n<ul>\n<li>Beth Ingram, University of Iowa<br \/>\nNarayana Kocherlakota, University of Iowa<br \/>\nGene Savin, University of Iowa<br \/>\n<i>Home Production and Female Labor Market Choices: Learning from the Macroeconomic Data <\/i><\/li>\n<\/ul>\n<ul>\n<li>Lawrence J. Christiano, Northwestern University<br \/>\nJonas D. M. Fisher, University of Western Ontario<br \/>\n<i>Algorithms for Solving Dynamic Models with Occasionally Binding Constraints<\/i><\/li>\n<\/ul>\n<ul>\n<li>Christopher A. Sims, Yale University<br \/>\n<i>Numerical Techniques for Fitting Dynamic Equilibrium Models: Some New Approaches<\/i><\/li>\n<\/ul>\n<ul>\n<li>Jerry L. Bona, Pennsylvania State University<br \/>\nManuel Santos, Universidad Carlos III<br \/>\n<i>On the Role of Computation in Economic Theory<\/i><\/li>\n<\/ul>\n<p><b>D. Money, Prices and Inflation<\/b><\/p>\n<ul>\n<li>Kenneth J. Matheny, Purdue University<br \/>\n<i>Is There Any Room for Price Rigidity in Cash-in-Advance Models?<\/i><\/li>\n<\/ul>\n<ul>\n<li>Sean Holly, University of Sheffield<br \/>\nMarianne Senslier, University of Sheffield<br \/>\n<i>Are Price Adjustments Asymmetric?<\/i><\/li>\n<\/ul>\n<ul>\n<li>Isabel H. Correia, Universidade Catolica Portuguesa<br \/>\nPedro Teles, Universidade Catolica Portuguesa<br \/>\n<i>Money as an Intermediate Good and the Welfare Cost of Inflation<\/i><\/li>\n<\/ul>\n<ul>\n<li>Jorge E. Roldos, International Monetary Fund<br \/>\n<i>Supply-Side Effects of Disinflation Programs<\/i><\/li>\n<\/ul>\n<p><b>E. Equilibrium Models of Association and Organization<\/b><\/p>\n<ul>\n<li>Roger Lagunoff, University of Pennsylvania<br \/>\n<i>On the Dynamic Selection of Mechanisms as Clubs<\/i><\/li>\n<\/ul>\n<ul>\n<li>Kenneth Burdett, Essex University<br \/>\nShouyong Shi, Queens University<br \/>\nRandy Wright, University of Pennsylvania<br \/>\n<i>Pricing Games With Stockout Constraints<\/i><\/li>\n<\/ul>\n<ul>\n<li>Cristina Echevarria, University of Saskatchewan<br \/>\nAntonio Merlo, University of Minnesota<br \/>\n<i>Gender Differences in Education in a Two-Sex Overlapping Generations Bargaining Model<\/i><\/li>\n<\/ul>\n<ul>\n<li>Harold Cole, Federal Reserve Bank of Minneapolis<br \/>\nEdward Prescott, University of Minnesota<br \/>\n<i>Valuation Equilibria With Clubs<\/i><\/li>\n<\/ul>\n<p><b>COFFEE BREAK<\/b>: 3:00 &#8211; 3:30 pm<\/p>\n<p align=\"left\"><a name=\"s6\"><\/a><\/p>\n<p align=\"left\"><b>SESSION 6<\/b>: Friday, July 1, 3:30 &#8211; 5:00 pm<\/p>\n<ul>\n<li>Plenary Session 1<br \/>\nChair: Thomas J. Sargent, University for Chicago and Hoover Institution<\/li>\n<\/ul>\n<ul>\n<li>David K. Levine, UCLA<br \/>\n<i>Learning and Equilibrium in Games<\/i><\/li>\n<\/ul>\n<p><b>COCKTAIL HOUR <\/b>(No Host): 5:00 &#8211; 7:00 pm, Grand Horizon Terrace<\/p>\n<p><b>*********************************************<\/b><\/p>\n<p><b>BREAKFAST<\/b>: 7:00 &#8211; 9:00 am<\/p>\n<p><a name=\"s7\"><\/a><\/p>\n<p><b>SESSION 7<\/b>: Saturday, July 2, 9:00 &#8211; 10:30 am<\/p>\n<p>(The last prestenter in each subsession should serve as Chair.)<\/p>\n<p><b>A. Incomplete Asset Markets<\/b><\/p>\n<ul>\n<li>Alejandro Hernandez, ITAM<br \/>\nManuel Santos, Universidad Carlos III<br \/>\n<i>Competitive Equilibria in Infinte Horizon Economies with Incomplete Markets<\/i><\/li>\n<\/ul>\n<ul>\n<li>Heraklis Polemarchakis, CORE<br \/>\n<i>Asset Markets and Investment Decisions<\/i><\/li>\n<\/ul>\n<ul>\n<li>David Cass, University of Pennsylvania<br \/>\nAlessandro Citanna, University of Pennsylvania<br \/>\n<i>Pareto Improving Financial Innovation in Incomplete Markets<\/i><\/li>\n<\/ul>\n<ul>\n<li>Jerome Detemple, McGill University<br \/>\nShashidar Murthy, Rutgers University<br \/>\n<i>Asset Prices with Heterogeneous Beliefs, Borrowing and Investment Constraints<\/i><\/li>\n<\/ul>\n<ul>\n<li>Pablo Andres Neumeyer, University of Southern California<br \/>\n<i>The Efficiency of Financial Markets with High Inflation<\/i><\/li>\n<\/ul>\n<p><b>B. Time Series Econometrics<\/b><\/p>\n<ul>\n<li>Kazume Nishiyama, City University of New York<br \/>\n<i>Application of the Kalman Filter to a Markov Switching Model<\/i><\/li>\n<\/ul>\n<ul>\n<li>Jo\ufffdo Victor Issler, Getulio Vargas Foundation, Rio de Janeiro<br \/>\nFarshid Vahid, Texas A&amp;M University<br \/>\n<i>Common Cycles in Macroeconomic Aggregates<\/i><\/li>\n<\/ul>\n<ul>\n<li>Kenneth A. Foster, Purdue University<br \/>\nArthur M. Havenner, University of California, Davis<br \/>\nAllan M. Walburger, Purdue University<br \/>\n<i>System Theoretic Time Series Forecasts of Weekly Live Cattle Prices<\/i><\/li>\n<\/ul>\n<ul>\n<li>Stefan C. Norrbin, Florida State University<br \/>\nKevin L. Reffett, Florida State University<br \/>\n<i>Trade Credit in a Monetary Economy<\/i><\/li>\n<\/ul>\n<ul>\n<li>Christian Bordes, University of Bordeaux I<br \/>\nEric Girardin, University of Bordeaux I<br \/>\nVelayoudom Marimoutou, University of Bordeaux I<br \/>\n<i>Has the EMS Beome Asymmetric? <\/i><\/li>\n<\/ul>\n<p><b>C. Monetary and Fiscal Policy in Heterogeneous Agent Economies<\/b><\/p>\n<ul>\n<li>Selo Imrohoroglu, University of Southern California<br \/>\n<i>A Quantitative Analysis of the Optimal Tax Structure Under Incomplete Markets<\/i><\/li>\n<\/ul>\n<ul>\n<li>James Bullard, Federal Reserve Bank of St. Louis<br \/>\nSteve Russell, IUPU at Indianapolis<br \/>\n<i>Monetary Steady States in a Low Real Interest Rate Economy<\/i><\/li>\n<\/ul>\n<ul>\n<li>Fernando Alvarez, University of Minnesota and Federal Reserve Bank of Minneapolis<br \/>\n<i>Social Mobility: The Barro-Becker Children Meet the Laitner-Loury Dynasties<\/i><\/li>\n<\/ul>\n<p><b>D. International Business Cycles<\/b><\/p>\n<ul>\n<li>Kei-Mu Yi, Rice University and University of Iowa<br \/>\nSylvestre Gaudin, Rice University<br \/>\n<i>The Role of Real Interest Rates in Explaining Trade Balance Movements<\/i><\/li>\n<\/ul>\n<ul>\n<li>Patricia A. Reynolds, University of Southern California<br \/>\n<i>International Co-movements in Aggregate Productivity<\/i><\/li>\n<\/ul>\n<ul>\n<li>Enrique G. Mendoza, International Monetary Fund<br \/>\nLinda L. Tesar, University of California-Santa Barbara<br \/>\n<i>Welfare Implications of Fiscal Policies in an Integrated World Economy<\/i><\/li>\n<\/ul>\n<p><b>E. Risk Sharing, Incentives, and Commitment<\/b><\/p>\n<ul>\n<li>Narayana R. Kocherlakota, University of Iowa<br \/>\n<i>Efficient Bilateral Risk Sharing Without Commitment<\/i><\/li>\n<\/ul>\n<ul>\n<li>Ethan Ligon, University of Chicago<br \/>\n<i>Risk Sharing Under Varying Information Regimes<\/i><\/li>\n<\/ul>\n<ul>\n<li>Albert Marcet, Universitat Pompeu Fabra and Federal Reserve Bank of Minneapolis<br \/>\nRamon Marimon, Universitat Pompeu Fabra and Cambridge University<br \/>\n<i>Recursive Contracts<\/i><\/li>\n<\/ul>\n<ul>\n<li>Christopher Phelan, Northwestern University<br \/>\n<i>Repeated Moral Hazard and One-Sided Commitment<\/i><\/li>\n<\/ul>\n<p><b>Coffee available between sessions.<\/b><\/p>\n<p><a name=\"s8\"><\/a><\/p>\n<p><b>SESSION 8<\/b>: Saturday, July 2, 10:45 &#8211; 12:15 pm<\/p>\n<p>(The last prestenter in each subsession should serve as Chair.)<\/p>\n<p><b>A. Endogenous Fluctuations II<\/b><\/p>\n<ul>\n<li>Alain Venditti, GREQAM, Universite d&#8217;Aix-Marseille II<br \/>\n<i>Endogenous Cycles with Small Discounting in Multisector Optimal Growth Models: The Continuous Time Case<\/i><\/li>\n<\/ul>\n<ul>\n<li>Teresa Lloyd Braga, Universidade Catolica Portuguesa<br \/>\n<i>Real Wages, Employment and Endogenous Fluctuations<\/i><\/li>\n<\/ul>\n<ul>\n<li>A. Abhyankar, University of Stirling<br \/>\nL. Copeland, University of Stirling<br \/>\nW. Wong, University of Stirling<br \/>\n<i>Nonlinear Dynamics in Real-Time Equity Market Indices: Evidence from the U.K.<\/i><\/li>\n<\/ul>\n<p><b>B. Heterogeneity in Production<\/b><\/p>\n<ul>\n<li>R. Anton Braun, Federal Reserve Bank of Minneapolis<br \/>\nMark Doms, Center for Economic Studies<br \/>\nAndreas Hornstein, University of Western Ontario<br \/>\nJames A. Schmitz, Jr., Federal Reserve Bank of Minneapolis<br \/>\n<i>What Fraction of the Movement in U.S. Manufacturing Location Was Due to Changes in Transportation Infrastructure?<\/i><\/li>\n<\/ul>\n<ul>\n<li>Thomas F. Cooley, University of Rochester<br \/>\nJermey Greenwood, University of Rochester<br \/>\nMehmet Yorukoglu, University of Rochester<br \/>\n<i>The Importance of the Embodied Question: Vintage Capital Revisited<\/i><\/li>\n<\/ul>\n<ul>\n<li>Gerard H. Kuper, University of Groningen<br \/>\n<i>The Dynamics of Investment: An Application to Manufacturing Industies<\/i><\/li>\n<\/ul>\n<ul>\n<li>Andreas Hornstein, University of Western Ontario<br \/>\nJack Praschnik, The WEFA Group<br \/>\n<i>The Real Business Cycle: Intermediate Inputs and Sectoral Co-movement<\/i><\/li>\n<\/ul>\n<p><b>C. Public Expenditures on Education and Income Convergence<\/b><\/p>\n<ul>\n<li>Roland Benabou, Massachusetts Institute of Technology<br \/>\n<i>Education, Income Distribution, and Growth: The Local Connection<\/i><\/li>\n<\/ul>\n<ul>\n<li>Raquel Fernandez, Boston University<br \/>\nRichard Rogerson, University of Minnesota-Minneapolis<br \/>\n<i>Public Education and the Dynamics of Income Distribution: A Quantitative Evaluation of Education Finance Reform<\/i><\/li>\n<\/ul>\n<ul>\n<li>Robert Tamura, Hoover Institution and University of Iowa<br \/>\n<i>Market Work, Home Production, Teaching, and Growth<\/i><\/li>\n<\/ul>\n<ul>\n<li>Gerhard Glomm, Michigan State University<br \/>\nB. Ravikumar, University of Virginia<br \/>\n<i>Vouchers, Public and Private Education, and Income Convergence<\/i><\/li>\n<\/ul>\n<p><b>D. Growth: Empirical Evidence<\/b><\/p>\n<ul>\n<li>Ronald Ratcliffe, University of Pennsylvania<br \/>\n<i>Why Doesn&#8217;t Capital Flow From Rich to Poor Countries? An Evaluation of Lucas&#8217;s Evidence<\/i><\/li>\n<\/ul>\n<ul>\n<li>Narayana Kocherlakota, University of Iowa<br \/>\nKei-Mu Yi, Rice University<br \/>\n<i>Is Long Run Growth Exogenous or Endogenous? A Structural Time Series Test<\/i><\/li>\n<\/ul>\n<ul>\n<li>Andrew Bernard, Massachusetts Institute of Technology<br \/>\nCharles I. Jones, Stanford University<br \/>\n<i>Comparing Apples to Oranges: Productivity Convergence and Measurement Across Industries and Countries<\/i><\/li>\n<\/ul>\n<p><b>E. Empirical Asset Pricing<\/b><\/p>\n<ul>\n<li>Peter Bossaerts, California Institute of Technology<br \/>\n<i>Selecting Models to Forecast Financial Returns: A New Criterion<\/i><\/li>\n<\/ul>\n<ul>\n<li>Geert Bekaert, Stanford University<br \/>\nRobert Hodrick, Northwestern University<br \/>\nDavid Marshall, Northwestern University<br \/>\n<i>The Implications of First Order Risk Aversion for Asset Market Risk Premiums<\/i><\/li>\n<\/ul>\n<ul>\n<li>Paul D. McNelis, Georgetown University<br \/>\n<i>Monetary Policy and Price Volatility in Emerging Stock Markets: The Cases of Indonesia and Korea<\/i><\/li>\n<\/ul>\n<ul>\n<li>Giorgio DeSantis, University of Southern California<br \/>\nSelo Imrohoroglu, University of Southern California<br \/>\n<i>Liberalization of Emerging Financial Markets and Stock Return Volatility<\/i><\/li>\n<\/ul>\n<p><b>LUNCH<\/b>: 12:15 &#8211; 1:30 pm<\/p>\n<p><a name=\"s9\"><\/a><\/p>\n<p><b>SESSION 9<\/b>: Saturday, July 2, 1:30 &#8211; 3:00 pm<\/p>\n<p>(The last prestenter in each subsession should serve as Chair.)<\/p>\n<p><b>A. Competitive Equilibrium Bubbles<\/b><\/p>\n<ul>\n<li>Manuel Santos, Universidad Carlos III<br \/>\nMichael Woodford, University of Chicago<br \/>\n<i>Rational Asset Pricing Bubbles<\/i><\/li>\n<\/ul>\n<ul>\n<li>Michael Magill, University of Southern California<br \/>\nMartine Quinzii, University of California, Davis<br \/>\n<i>Incomplete Markets Over an Infinite Horizon: Long-Lived Securities and Speculative Bubbles<\/i><\/li>\n<\/ul>\n<ul>\n<li>Christian Gilles, Federal Reserve Board<br \/>\nStephen LeRoy, University of Minnesota<br \/>\n<i>Stochastic Bubbles in Markov Economies<\/i><\/li>\n<\/ul>\n<ul>\n<li>Takashi Kamihigashi, University of Wisconsin<br \/>\n<i>Asset Prices in an Exchange Economy: Conditions for Uniqueness<\/i><\/li>\n<\/ul>\n<p><b>B. Economic Growth, Taxes, and Redistribution<\/b><\/p>\n<ul>\n<li>Ellen McGrattan, Federal Reserve Bank of Minneapolis<br \/>\n<i>Fiscal Policy and Redistribution<\/i><\/li>\n<\/ul>\n<ul>\n<li>Randy Wright, University of Pennsylvania<br \/>\n<i>Taxes, Growth, and Redistribution<\/i><\/li>\n<\/ul>\n<ul>\n<li>Tom Cooley, University of Rochester<br \/>\nLee Ohanian, University of Pennsylvania<br \/>\n<i>Postwar British Economic Growth<\/i><\/li>\n<\/ul>\n<p><b>C. Technical Change and Aggregate Fluctuations<\/b><\/p>\n<ul>\n<li>Peter J. Klenow, University of Chicago<br \/>\n<i>New Product Introductions<\/i><\/li>\n<\/ul>\n<ul>\n<li>Jeff Campbell, Northwestern University<br \/>\n<i>Technical Change, Diffusion and Productivity<\/i><\/li>\n<\/ul>\n<ul>\n<li>Boyan Jovanovic, New York University and NBER<br \/>\nSaul Lach, Hebrew University of Jerusalem<br \/>\n<i>Diffusion Lags and Aggregate Fluctuations<\/i><\/li>\n<\/ul>\n<ul>\n<li>Lee Ohanian, University of Pennsylvania<br \/>\nAubhik Khan, University of Virginia<br \/>\n<i>Industry Dynamics in an Equilibrium Business Cycle Model<\/i><\/li>\n<\/ul>\n<p><b>D. General Equilibrium With Labor Market Search<\/b><\/p>\n<ul>\n<li>Monika Merz, Northwestern University<br \/>\n<i>Heterogeneous Job-Matches and the Cyclical Behavior of Labor Turnover<\/i><\/li>\n<\/ul>\n<ul>\n<li>David Andolfatto, University of Waterloo<br \/>\n<i>Business Cycles and Labor Market Search<\/i><\/li>\n<\/ul>\n<ul>\n<li>Espen R. Moen, London School of Economics<br \/>\n<i>A Search Model With Wage Announcement<\/i><\/li>\n<\/ul>\n<ul>\n<li>Dale Mortensen, Northwestern University<br \/>\nChristopher Pissarides, London School of Economics<br \/>\n<i>Growth, Job Creation and Job Destruction<\/i><\/li>\n<\/ul>\n<p><b>E. Industry Behavior<\/b><\/p>\n<ul>\n<li>Ting-Fang Chiang, Tamkung University<br \/>\nHsiao-Yun Teng, National Central University<br \/>\n<i>Irreversible Investment and Informational Cascades: An Interpretation of the Direct Investment Waves of Taiwan&#8217;s Manufacturers in Mainland China<\/i><\/li>\n<\/ul>\n<ul>\n<li>Steven Brakman, University of Groningen<br \/>\nHarry Garretsen, Dutch Central Bank<br \/>\nRichard Gigengack, University of Groningen<br \/>\nCharles van Marrewijk, Erasmus University Rotterdam<br \/>\nRien Wagenvoort, European University Institute<br \/>\n<i>The Dynamics of Congestion and Industrial Location<\/i><\/li>\n<\/ul>\n<p><b>COFFEE BREAK<\/b>: 3:00 &#8211; 3:30 pm<\/p>\n<p><a name=\"s10\"><\/a><\/p>\n<p><b>SESSION 10<\/b>: Saturday, July 2, 3:30 &#8211; 5:00 pm<\/p>\n<ul>\n<li>Plenary Session 2<br \/>\nChair: Edward C. Prescott, University for Minnesota<\/li>\n<\/ul>\n<ul>\n<li>Boyan Jovanovic, New York University<br \/>\n<i>The Transfer of Human Capital<\/i><i> <\/i><\/li>\n<\/ul>\n<p><b>COCKTAILS<\/b> (No Host): 6:00 &#8211; 7:00 pm, Tree Patio<\/p>\n<p><b>CONFERENCE DINNER<\/b>: 7:00 pm<\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"class_list":["post-13022","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/pages\/13022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/comments?post=13022"}],"version-history":[{"count":8,"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/pages\/13022\/revisions"}],"predecessor-version":[{"id":14950,"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/pages\/13022\/revisions\/14950"}],"wp:attachment":[{"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/media?parent=13022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}