Conference Recap
CORE Week, featuring the Monetary Economics Conference
The Collaboration of Research Economists (CORE) model combines frontier research and an innovative delivery method to advance collaboration within the economics profession.
The CORE model consists of eight CORE Weeks per year. During each week, visiting economists from a range of disciplines will join with Richmond Fed economists for seminars, conferences, and formal and informal networking and collaboration—all with an eye toward advancing economic research.
December’s CORE Week featured contributions from the large number of visiting economists who are highlighted below. This week’s agenda included additional lectures and new opportunities for engagement.
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1 of 6 Fernando Alvarez presenting a lecture titled “Mean Field Games.”
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2 of 6 Hugo Hopenhayn presenting “Big Push in Distorted Economies.”
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3 of 6 Chen Yeh presenting “Monopsony in the U.S. Labor Market.”
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4 of 6 Randall Wright presenting “Toxic Assets and Market Freezes.”
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5 of 6 Bruno Sultanum presenting “Is Money Essential?”
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6 of 6 Daniela Puzzello presenting “Bargaining Under Liquidity Constraints: Nash vs. Kalai in the Laboratory.”
Learn More
Read about the topics covered during the Monetary Economics Conference in this Economic Brief.
Additional details about the research conducted by Mark Bils (University of Rochester) and Niklas Engbom (New York University) can be gathered from The Flow of Human Capital.
Presenters and Visiting Economists
Agenda
Titles listed where decided.
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Monday, Dec. 13, 2021
12:30 pm
Economist Lunch
02:30 pmVisitor Seminar: Fernando Alvarez (University of Chicago) presenting the paper, “Price Settings with Strategic Complementarities as a Mean Field Game,” joint with Francesco Lippi and Panagiotis Souganidis04:00 pmCollaboration Hour
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Tuesday, Dec. 14, 2021
10:30 am
Visitor Seminar: Niklas Engbom (NYU) presenting the paper, “Labor Market Fluidity and Human Capital Accumulation”
02:30 pmVisitor Seminar: Mark Bils (University of Rochester) presenting the paper, “Labor Substitutability among Schooling Groups,” joint with Baris Kaymak and Kai-Jie Wu
04:00 pmVisitor Lecture: Fernando Alvarez (University of Chicago) presenting a lecture titled "Mean Field Games, Part One"
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Wednesday, Dec. 15, 2021
10:00 am
Visitor Seminar: Hugo Hopenhayn (UCLA) presenting the paper "Big Push in Distorted Economies"
02:30 pmSeminar: Chen Yeh (FRBR), presenting the paper “Monopsony in the U.S. Labor Market”, joint with Brad Hershbein and Claudia Macaluso
03:30 pmExploring Richmond: Canal Walk
04:00 pmVisitor Lecture: Fernando Alvarez (University of Chicago) presenting a lecture titled "Mean Field Games, Part Two"
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Thursday, Dec. 16, 2021
10:30 am
Seminar: Paul Ho (FRBR), presenting the paper “Survey Data and Subjective Beliefs in Business Cycle Models”, joint with Anmol Bhandari and Jaroslav Borovička
02:30 pmVisitor Seminar: Shengxing Zhang (The London School of Economics & Political Science), presenting the paper, “Credit Horizons,” joint with Nobuhiro Kiyotaki and John Moore
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Friday, Dec. 17, 2021
08:30 am
Monetary Economics Conference
Breakfast
09:00 amBruno Sultanum (FRBR) presenting the paper, “Is Money Essential?”
09:40 amRandall Wright (University of Wisconsin – Madison) presenting the paper, “Toxic Assets and Market Freezes”
10:40 amDaniela Puzzello (Indiana University) presenting "Bargaining Under Liquidity Constraints: Nash vs. Kalai in the Laboratory", joint with J. Duffy and L. Lebeau
11:20 amGuillaume Rocheteau (University of California, Irvine) presenting the paper, “A Model of Retail Banking”
01:00 pmRicardo Lagos (NYU)
01:40 pmDavid Andolfatto (FRBSTLS) presenting the paper "Shadow Bank Run"
02:40 pmRussell Wong (FRBR) presenting the paper, “Disintermediating the federal funds market”
Future CORE Weeks
2022
- May 9 – May 13
- June 21 – June 24
- August 1 – August 5
- September 26 – September 30
- November 7 – November 10
- December 12 – December 16
