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Michigan Economics and Finance Day

Wednesday, March 12, 2014
12:00 AM
Ross R0210

Sponsored by:
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
Room: R0210
University of Michigan

PROGRAM

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
Christopher Tonetti
Resolving the Annuity Puzzle:Estimating Life-Cycle Models without (and with)
Behavioral Data
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)