Generously hosted by
Study Center Gerzensee

The following papers will be presented at this conference. Please see the Programme for further details.

Optimal Income Taxation with Asset Accumulation
*Arpad Abraham (European University Institute), Sebastian Koehne (I.I.E.S. Stockholm) and Nicola Pavoni (Bocconi University)

Housing Prices and Robustly Optimal Monetary Policy
*Klaus Adam (University of Mannheim and CEPR), Michael Woodford (Columbia University)

Understanding Non-Inflationary Demand Driven Business Cycles
*Paul Beaudry (University of British Columbia and NBER), Franck Portier (Toulouse School of Economics)

The Ratchet Effect Re-examined: A Learning Perspective
Venkataraman Bhaskar (University College London and CEPR)

Great Moderation or Great Mistake: Can rising confidence in low macro-risk explain the boom in asset prices?
Tobias Broer (I.I.E.S. Stockholm and CEPR)

Incomplete markets, liquidation risk, and the term structure of interest rates
*Edouard Challe (Ecole Polytechnique), Franšois LeGrand (EM Lyon) and Xavier Ragot (Paris School of Economics)

Behavioral Implementation
Geoffroy de Clippel (Brown University)

Information in tender offers with a large shareholder
*Mehmet Ekmekci (Northwestern Kellogg), Nenad Kos (Bocconi University)

Optimal Screening of Time Inconsistency
Simone Galperti (Northwestern University)

Dynamic Competitive Economies with Complete Markets and Collateral Constraints
*Piero Gottardi (European University Institute), Felix Kubler (University of Zurich)

Privacy in Implementation
Ronen Gradwohl (Northwestern University)

Fiscal Rules and Discretion under Persistent Shocks
*Marina Halac (Columbia University), Pierre Yared (Columbia University)

Social Insurance, Information Revelation, and Lack of Commitment
*Luigi Iovino (Bocconi University), Mikhail Golosov (Princeton University)

On absolute auctions and secret reserve prices
*Philippe Jehiel (Paris School of Economics, University College London and CEPR), Laurent Lamy (Paris School of Economics)

Suspense and Surprise
Jeff Ely (Northwestern University), Alexander Frankel (University of Chicago), *Emir Kamenica (University of Chicago)

Rationality and Consistent Beliefs: Theory and Experimental Evidence
Terri Kneeland (University of British Columbia)

Asset Markets with Heterogeneous Information
Pablo Kurlat (Stanford University)

Consumers' Imperfect Information and Price Rigidities
Jean-Paul l'Huillier (EIEF)

Robustness of Full Revelation in Multidimensional Cheap Talk
InÚs Moreno de Barreda (Oxford University), *Margaret Meyer (Nuffield College and CEPR), Julia Nafziger (Aarhus University)

Betrayal of Intentions in 2-Player Games
Beniamin Bachi (Tel Aviv University), Sambuddha Ghosh (Boston University), *Zvika Neeman (Tel Aviv University)

Mechanism Design and Intentions
Felix Bierbrauer (University of Cologne), *Nick Nezter (University of Zurich)

Banks as Secret Keepers
Tri Vi Dang (Columbia University), Gary Gorton (Yale University), Bengt Holmstrom (Massachusetts Institute of Technology), *Guillermo Ordonez (University of Pennsylvania)

Rational Inattention, Multi-Product Firms and the Neutrality of Money
*Ernesto Pasten (Central Bank of Chile), Raphael Schoenle (Brandeis University)

Debt and Incomplete Financial Markets: a Case for Nominal GDP Targeting
Kevin Sheedy (LSE and CEPR)

Sequential multidimensional screening
Sina Litterscheid (University of Bonn) and *Dezs÷ Szalay (University of Bonn)

Pledgeability and Liquidity
*Venky Venkateswaran (Stern School of Business, New York University), Randall Wright (Wisconsin)

Endogenous Public Information and Welfare in Market Games
Xavier Vives (IESE, Barcelona-Madrid and CEPR)

Business Cycle Dynamics under Rational Inattention
*Mirko Wiederholt (Goethe University Frankfurt), Bartosz Mackowiak (European Central Bank and CEPR)