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Ýzmir, 21-24 May 2013


The Great Recession: A Self-Fulfilling Global Panic

Philippe Bacchetta* (University of Lausanne and CEPR)
Eric van Wincoop (University of Virginia and NBER)


The Forward Looking Behavior of Hiring and Investment
Eran Yashiv* (Tel Aviv University and CEPR)


Rare Disasters and Risk Sharing
Çagri Akkoyun* (CBRT)
Yavuz Arslan (CBRT)
Fatih Fazilet (CBRT)
Necati Tekatli (CBRT)


Capital Controls or Exchange Rate Policy? A Pecuniary Externality Perspective
Alessandro Rebucci* (Inter-American Development Bank)
Gianluca Benigno (London School of Economics and CEPR)
Huigang Chen (MarketShare Partners)
Christopher Otrok (University of Missouri and Federal Reserve Bank of St Louis)


Banking across Borders
Friederike Niepmann* (Federal Reserve Bank of New York)


Optimal Exchange Rate Policy Under Collateral Constraints and Wage Rigidity
Pablo Ottonello* (Columbia University)


Inflation Dynamics during the Financial Crisis
Jae Sim* (Federal Reserve Board)
Simon Gilchrist (Boston University)
Raphael Schoenle (Brandeis University)
Egon Zakrajsek (Federal Reserve Board)


Market Deregulation and Optimal Monetary Policy in a Monetary Union
Matteo Cacciatore* (HEC Montreal)
Fabio Ghironi (Boston College)
Giuseppe Fiori (North Carolina State University)


Debt and Incomplete Financial Markets: A Case for Nominal GDP Targeting
Kevin Sheedy* (London School of Economics and CEPR)


Intermediate Goods, Firm Size, and Import Content of Production
Mehmet Fatih Ulu* (CBRT)


The ECB Unconventional Monetary Policies: Have They Lowered Market Borrowing Costs for Banks and Governments?
Urszula Szczerbowicz* (CEPII)


Entrepreneurs, Managers and Inequality
Sang Yoon Lee* (University of Mannheim)


Government Debt and Banks: Evidence from a Rare Disaster in an Era of Financial Repression
Sebnem Kalemli-Ozcan* (University of Maryland and CEPR)
Soner Baskaya (CBRT)


Granger-Causal-Priority and Choice of Variables in Vector Autoregressions
Marek Jarocinski* (European Central Bank)
Bartosz Mackowiak (European Central Bank and CEPR)


The Puzzling Change in the International Transmission of U.S. Macroeconomic Policy Shocks
Ethan Ilzetzki* (London School of Economics)
Keyu Jin (London School of Economics)


Uncertainty shocks, asset supply and pricing over the business cycle
Cosmin Ilut* (Duke University)
Francesco Bianchi (Duke University)
Martin Schneider (Stanford University and CEPR)


Isolated Capital Cities and Misgovernance: Theory and Evidence
Bernardo Guimarães* (São Paulo School of Economics and CEPR)
Filipe R. Campante (Harvard University)
Quoc-Anh Do (Sciences Po Paris)


The Making Of A Great Contraction With A Liquidity Trap and A Jobless Recovery
Stephanie Schmitt-Grohé* (Columbia University and CEPR)
Martin Uribe (Columbia University)


The Labor Market Consequences of Financial Crises With or Without Inflation: Jobless and Wageless recoveries
Fabrizio Coricelli* (Paris School of Economics and CEPR)
Guillermo Calvo (Columbia University)
Pablo Ottonello (Columbia University)


Financing Constraints, Firm Dynamics and Innovation
Andrea Caggese* (Universitat Pompeu Fabra)


De-industrialization of the Riches and the Rise of China
Murat Üngör* (CBRT)


Agricultural Productivity and Structural Transformation: Evidence from Brazil
Bruno Caprettini* (Universitat Pompeu Fabra)
Paula Bustos (CREI and CEPR)
Jacopo Ponticelli (Universitat Pompeu Fabra)