UMD Macro & International Finance Reading Group

Fall 2023: Monday meetings in Tydings 4103, 3:30-4:20 pm

Sep-11

Lorenzoni and Werning (2023), "Inflation is Conflict"

July 2023 version

Sep-25

Fukui, Nakamura, and Steinsson (2023), "The macroeconomic consequences of exchange rate depreciations"

June 2023 version

Oct-9

Baqaee, Burstein, Duprez, and Farhi (2023), "Supplier Churn and Growth: A Micro-to-Macro Analysis"

June 2023 version

Oct-23

Debortoli and Gali (2023), "Idiosyncratic income risk and aggregate fluctuations"

June 2023 version

Nov-6

Barnichon and Meesters (2023), "Evaluating Policy Institutions - 150 years of US Monetary Policy"

July 2023 version

Nov-20

Thomas Philippon (2023), "Additive Growth"

Jan 2023 version

Dec-4

Saki Bigio (2021), "A theory of payment-chain crises"

Dec 2021 version


Spring 2023: Monday meetings in Tydings 2111, 1-1:50 pm

30-Jan

Prato, Marta (2022), "The Global Race for Talent: Brain Drain, Knowledge Transfer, and Economic Growth"

Nov 2022 version

13-Feb

Flynn, Joel P., and Karthik Sastry (2022), "Attention cycles"

Aug 2022 version

27-Feb

Pinardon-Touati, Noémie (2022), "The Crowding Out Effect of Local Government Debt: Micro-and Macro-Estimates"

Feb 2022 version

13-Mar

Känzig, Diego R (2022), "The unequal economic consequences of carbon pricing"

Jan 2022 version

27-Mar

Fukui, Masao (2020), "A theory of wage rigidity and unemployment fluctuations with on-the-job search" [PDL not there]

Dec 2020 version

11-Apr

11-11:50 am special time. Droste, Gorodnichenko, Ray (2022), "Unbundling Quantitative Easing: Taking a Cue from Treasury Auctions" [LS not there]

Nov 2022 version

24-Apr

Humlum, Anders (2021), "Robot adoption and labor market dynamics" [BA not there, TD not there]

Nov 2021 version

8-May

Bilal, Adrien (2021), "The geography of unemployment"

Sep 2022 version


Fall 2022: Monday meetings are in Tydings 1114 and Tuesday meetings are in Tydings 4103

Sep 12

Monday

12:45-1:40

Kanzig (2021, AER): The Macroeconomic Effects of Oil Supply News: Evidence from OPEC Announcements

link

Oct 4

Tuesday

11-11:55

Bianchi, Ludvigson, Ma (2022, AER): Belief Distortions and Macroeconomic Fluctuations

link

Oct 10

Monday

12:45-1:40

Clayton, Dos Santos, Maggiori, Schreger (2022, WP): Internationalizing Like China

link

Oct 25

Tuesday

11-11:55

Bayer, Born, Luetticke (2020, WP): Shocks, Frictions, and Inequality in US Business Cycles

link

Nov 8

Tuesday

11-11:55

Chodorow-Reich, Nenov, Simsek (2021, AER): Stock Market Wealth and the Real Economy: A Local Labor Market Approach

link

Dec 6

Tuesday

11-11:55

Drechsler, Savov, Schnabl (2017, QJE): The Deposit Channel of Monetary Policy

link


Rules:

(1) Randomly chosen student gives a 2-minute summary of the paper's key contribution

(2) Faculty moderate open discussion, focusing on

- what are the key elements/steps in the analysis?

- what are some directions for future research/other applications?

- why is this an important article?

Back