Carnegie-Rochester Conference Series on Public Policy

Semi-annual Conference

Editors:    Bennett McCallum

                 Charles I. Plosser


Upcoming Conference

Conference Event Reply Form


April 20-21, 2007

Simon School, University of Rochester

Rochester, NY


Carnegie-Rochester Conference Schedule
"Advances in Dynamic Public Finance"

April 20-21, 2007

Thursday, April 19


8:00 pm-11:00 pm      Welcome Reception, Hyatt Regency - refer to hotel monitor


Friday, April 20


       7:45 am                Bus transportation to campus


 8:15-8:45 am              Packet Retrieval and Breakfast


                                    CONFERENCE SESSION I - SCHLEGEL 207


     Chairman:              Bennett McCallum         

 8:45-10:00 am            "Optimal Human Capital Policies"

by Radim Bohacek and Marek Kapicka

                                    Discussant: Borys Grochulski


10:00-10:15 am           Break


10:15-11:30 pm          "Quantifying the Gains from Savings Distortions: The Role of Risk Aversion and Finite Lives"

by Emmanuel Farhi and Ivan Werning

                                    Discussant: Fabrizio Perri


11:30-12:30 pm            Luncheon – Schlegel Hall Rotunda


                                    CONFERENCE SESSION II - SCHLEGEL 207


     Chairman:              Charles Plosser

12:45-2:00 pm            "Taxes and the Global Allocation of Capital"

                                    by David Backus, Espen Henriksen and Kjetil Storesletten

                                    Discussant: Peter Rupert


2:00-2:15 pm              Break


 2:15-3:30 pm             "Altruism, Incomplete Markets and Tax Reform"

                                    by Luisa Fuster, Ayse Imrohoroglu and Selo Imrohoroglu

Discussant:  Árpád Abraham

3:30-3:45 p.m.               Break

 3:45-5:00 pm            "Taxes, Benefits, Careers, and Markets"

by Lars Ljungqvist and Thomas Sargent

                                    Discussant: José-Victor Ríos-Rull

        5:15 pm               Bus Transportation back to the Hyatt Regency


        6:30 pm               Bus departs Hyatt Regency for transportation to the Country Club of Rochester


        6:45 pm               Cocktails, Country Club of Rochester


        7:30 pm               Dinner, Country Club of Rochester

         9:30 pm              Transportation back to the Hyatt Regency


Saturday, April 21



          8:00 am             Bus transportation to campus


    8:15-8:45 am           Breakfast


                                    CONFERENCE SESSION III - SCHLEGEL 207


     Chairman:              Thomas Cooley

  8:45-10:00 am           "Politically Sustainable Social Insurance"

by Christopher Sleet and Sevin Yeltekin

                                    Discussant: Marina Azzimonti


10:00-10:15 am           Break


10:15-11:30 am           "Markets Versus Governments: A Quantitative Evaluation"

by Daron Acemoglu, Mikhail Golosov and Aleh Tsyvinski

                                    Discussants:  Stefania Albanesi


      11:30 am               Lunch available in Schlegel Hall Rotunda.


As required            Transportation to airport or hotel


Transportation will also be available for earlier or later flights if needed.






ADVISORY COMMITTEE: Bennett McCallum and Charles Plosser, Co-chairs:  Andrew Abel, Mark Bils, Thomas Cooley, Janice Eberly, Marvin Goodfriend, Sergio Rebelo, Alan Stockman and Stanley Zin