Money Macro Seminar

• Fiscal Rules and Discretion Under Persistent Shocks

• Contracting Institutions and Economic Development

• Intertemporal Distortions in the Second Best

• Mark Gertler

• Government Debt and Risk Premia

• Sovereign Debt and Austerity Programs

• 

  The Pass-through of Sovereign Risk and The Role of Firm Heterogeneity

• Credit Shocks and Aggregate Fluctuations in an Economy with Production Heterogeneity

• Decentralized Trading with Private Information

• Why Has House Price Dispersion Gone Up?

• Karel Mertens

• Restrictions on Executive Mobility and Reallocation: The Aggregate Effect of Non-Competition Contracts

• Monetary Exchange in Over-the-Counter Markets: A Theory of Speculative Bubbles, the Fed Model, and Self-fulfilling Liquidity Crises

• Costas Arkolakis

• 

  Finance-thy-Neighbor Trade Credit Origins of Aggregate Fluctuations