EUROPEAN SUMMER SYMPOSIUM IN ECONOMIC THEORY

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)