Housing, Housing Credit, and the Macroeconomy Conference
Thursday 14 and Friday 15 September 2017
Morten Ravn (University College London and CEPR)
Paolo Surico (London Business School and CEPR)
Please direct all enquiries to the Event Manager, Anthea Keeping
Registration Deadline - 1 September 2017
Thursday 14 September
08:00 - 08:45
Registration and coffee 08:45 - 09:45
Kurt Mitman (IIES, Stockholm University), “Monetary Policy, Heterogeneity, and the Housing Channel,” (with Aaron Hedlund, Fatih Karahan and Serdar Ozkan)
Discussant: Roberto Pancrazi (Warwick University)
09:45 - 10:00
Coffee break 10:00 - 11:00
Ralph Luetticke (University College London), “Housing Market Freezes, Deleveraging, and Aggregate Demand,” (with Christian Bayer).
Discussant: Clodomiro Ferreira (London Business School)
11:00 - 12:00
Veronika Selezneva (CERGE-EI), “Distributional Effects of Monetary Policy,” (with Matthias Doepke and Martin Schneider)
Discussant: Vincent Sterk (University College London, CEPR)
12:00 - 13:15
Lunch break 13:15 - 14:15
Joseph Vavra (University of Chicago), “Regional Heterogeneity and Monetary Policy,” (with Martin Beraja, Andreas Fuster and Erik Hurst)
Discussant: Clara Wolf (Sciences Po)
14:15 - 15:15
Hamish Low (Cambridge University), “Consumption Spending, Housing Investments and the Role of Leverage,” (with Thomas Crossley and Peter Levell).
Discussant: John Muellbauer (Oxford University, CEPR)
15:15 - 15:30
Coffee break 15:30 - 16:30
Eduardo Davila (New York University), “House Price Beliefs and Mortgage Leverage Choice,” (with Michael Bailey, Theresa Kuchler and Johannes Stroebel).
Discussant: Philippe Bracke (Bank of England)
16:30 - 17:30
Adam Guren (Boston University), “Mortgage Design in an Equilibrium Model of the Housing Market,” (with Arvind Krishnamurthy, and Timothy J. McQuade).
Discussant: Alex Michaelides (Imperial College)
19:00 19:00: Conference Dinner (by invitation only)
Friday 15 September
09:00 – 10:00
Stefania Albanesi (University of Pittsburgh, CEPR), “Credit Growth and the Financial Crisis: A New Narrative,” (with Giacomo di Giorgi and Jaromir Nosal).
Discussant: Ambrogio Cesa-Bianchi (Bank of England)
10:00 - 10:15 Coffee break 10:15 - 11:15
Moritz Kuhn (Bonn University, CEPR), “The Great American Debt Boom, 1948-2013,” (with Moritz Schularick and Ulrike Steins).
Discussant: Ethan Ilztezki (London School of Economics, CEPR)
11:15 - 12:15
Andrew Fieldhouse (Cornell University), “The Macroeconomic Effects of Government Asset Purchases: Evidence from Postwar US Housing Credit Policy,” (with Karel Mertens and Morten O. Ravn).
Discussant: Sergi Basco (Bank of Spain)
12:15 – 13:30 Lunch break 13:30 – 14:30
Luca Dedola (European Central Bank, CEPR), “The Missing Internal Devaluation: Nominal and Real Adjustment to the Great Recession within the US,” (with Giancarlo Corsetti and Riccardo Trezzi)
Discussant: Giovanni Ricco (Warwick University)
14:30 - 15:00
Coffee break 15:00 - 16:00
Matteo Benetton (London School of Economics), “Competition and Macro-Prudential Regulation: An Empirical Model of the UK Mortgage Supermarket.”
Discussant: Valentina Michelangeli (Bank of Italy, CEPR)
16:00 - 17:00
Giorgio Primiceri (Northwestern University, CEPR), “The Mortgage Rate Conundrum,” (with Alejandro Justiniano and Andrea Tambalotti)
Discussant: Kilian Huber (London School of Economics)
5th Floor State Rooms, 30 Euston Square, London, NW1 2FB, United Kingdom
- Conference Dinner