Reading group on Financial Markets

Fridays noon-1pm in 351 Landau

 

If you are interested in joining this group, please contact me first.

 

Before presenting, please take a look at these tips for reading group presentations

 

Part 1: Recent advances in modeling search frictions

 

Jan 24 (Diego) Incomplete risk sharing & random search

Krusell-Mukoyama-Rogerson-Sahin 2010

http://people.su.se/~pkrus/ref_pub/Labor-Market_Matching.pdf

1:30 pm - 2:30 pm NEED ROOM

 

Jan 31 (Moritz) Random search and asset markets

Lagos-Rocheteau 2011

http://www.jstor.org/stable/40263870

1:30 2:30 pm NEED ROOM

 

Feb 7 (Alonso) Asymmetric information about assets in exchange

Lester-Postlewaite-Wright 2012

http://restud.oxfordjournals.org/content/79/3/1209.full.pdf+html

 

Feb 14 (Pavel) Directed search & heterogeneous match quality

Menzio-Shi 2012

http://web-facstaff.sas.upenn.edu/~gmenzio/linkies/MS2.pdf

 

Part 2: Asset market applications of search models

 

Feb 21 (Ian) Federal funds market

Afonso-Lagos 2012:

https://sites.google.com/site/rl561a/FRBNY_SR_660.pdf

 

Feb 28 (Mike) Housing

Halkett-Pignatti 2013

http://www.halket.com/research/Halket_Pignatti_Search_and_Homeownership.pdf

 

Mar 7 (Huiyu) Mergers

David 2013

https://987a4c78-a-62cb3a1a-s-sites.googlegroups.com/site/joelmichaeldavid/mergers_121913.pdf?attachauth=ANoY7cq3RV6v2rpx0ZxG-B--FxpHEZk35VJ8_C-DX6NC-Z6_jkbTfWEuSusnrWKN4TKoldoke5ZYZHUQ-cD-tNz_d42ziPdjMU9IWHHEbuBrf6wW5GRyQ2I4d081lbroq5QgVBarG_jn9Fg8hD-KZPtYjZ4JgNbAlWcgndsuoz2eiQWDlOPJwcUqoMg0GaBu18A8skujhysSvWry-6Sxnf_f7iDp8yHwVpZyD0bNNYmGH5RDMfZdAeQ%3D&attredirects=0

 

Mar 14 (Gila) Banking

Williamson 2013

http://www.artsci.wustl.edu/~swilliam/papers/web%20page%20paper.pdf

 

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Background on competitive search

Galenianos-Kircher IER 2012

http://eprints.lse.ac.uk/29707/1/On_the_Game-theoretic_Foundations_of_Competitive_Search_Equilibrium_%28LSERO%29.pdf

 

Survey about Search Models

http://home.uchicago.edu/~shimer/wp/search-survey.pdf