Finance Department, Ross School of Business & Department of Economics, College of LS&A
Organizers: John Laitner, Stefan Nagel, Francisco Palomino, and Martin Schmalz.
Wednesday, March 12, 2014
Ross School of Business
University of Michigan
1:10 pm Welcome
1:15 pm Jing Cai, Alain de Janvry and Elisabeth Sadoulet
Subsidy Policies and Insurance Demand
Discussant: Amiyatosh Purnanandam
1:55 pm Cindy Soo
Quantifying Animal Spirits: New Media and Sentiment in the Housing Market
Discussant: Lutz Kilian
2:35 pm Break
2:50 pm Panel: Finance and Economics: Opportunities Ahead?
Miles Kimball, Paolo Pasquariello, Uday Rajan, Joel Slemrod.
Moderator: Stefan Nagel
3:30 pm Break
3:45 pm John Ameriks, Joseph Briggs, Andrew Kaplin, Matthew Shapiro, and
Resolving the Annuity Puzzle:Estimating Life-Cycle Models without (and with)
Discussant: Serhiy Kozak
4:25 pm José Azar, Jean-François Kagy, and Martin C. Schmalz
Can Changes in the Cost of Cash Resolve the Corporate Cash Puzzle?
Discussant: Christopher House
5:10 – 7:00 pm Reception (for faculty and PhD students)
Executive Residence Dining Room (Wyly Hall)