Tepper School Simon School of Business at University of Rochester NYU

Carnegie-Rochester-NYU Conference
on Public Policy

Public Policy Conference Series Semi-annual Conference


THOMAS F. COOLEY, New York University
MARVIN GOODFRIEND, Carnegie Mellon University

Upcoming Conference

November 9-10, 2012

Carnegie Mellon University



Aggregate Implications of Local Public Finance

The 80th Meeting of the Carnegie-Rochester-NYU Conference on Public Policy

Thursday, November 8

 8:00-10:00 pm            Welcome Reception - Spring Hill Suites Marriott, Bakery Square

Friday, November 9

 8:15 am                       Molley's Trolleys from Spring Hill Suites Marriott, Bakery Square to the Tepper School of Business

 8:30 am                       Buffet Breakfast


                                  CONFERENCE SESSION I

                                     Chairman: Marvin Goodfriend

 9:00 am                     “Systemic Sovereign Credit Risk: Lessons from the US and Europe”
                                   Authors: Andrew Ang and Francis A. Longstaff
                                   Discussant: Hui Chen


                                    “Local Deficits and Aggregate Stabilization: Evidence from US States"
                                   Authors: Gerald Carlino and Robert P. Inman
                                   Discussant: David E. Wildasin


12:00 pm                     Lunch - Grand Room, 3rd Floor Posner Hall


                                  CONFERENCE SESSION II

                                     Chairman: Stan Zin

1:30 pm                      “The American Recovery and Reinvestment Act: Solely a Government Jobs Program?”
                                   Authors: Timothy G. Conley and Bill Dupor
                                   Discussant: Henning Bohn


                                    “The Impact of Unions on Municipal Elections and Fiscal Policies in US Cities"
                                   Authors: Holger Sieg and Yu Wang
                                   Discussant: Laura Feiveson


5:00 pm                        Molley's Trolleys from Tepper School of Business to Spring Hill Suites Marriott, Bakery

6:15 pm                        Molley's Trolleys from Spring Hill Suites Marriott, Bakery Square to The Pittsburgh Golf Club

6:30 pm                        The Pittsburgh Golf Club - Cocktails 6:30-7:00 pm

7:00 pm                        Dinner: 7:00-9:00 pm


Saturday, November 10

8:00 am                       Molley's Trolleys from Spring Hill Suites Marriott, Bakery Square to Tepper School of Business

8:15-8:45 am               Buffet Breakfast


                                  CONFERENCE SESSION III

                                      Chairman: Burton Hollifield

 8:45 am                     “Vertical Fiscal Imbalances and Fiscal Performance in Advanced Economics”
                                   Authors: Luc Eyraud and Lusine Lusinyan
                                   Discussant: Daniele Coen Pirani


                                    “Tax-Subsidized Underpricing: Issuers and Underwriters in the Market for Build America Bonds"
                                   Authors: Dario Cestau, Richard Green, and Norman Schurhoff
                                   Discussant: Erik R. Sirri

11:45 pm                     Conference Adjourns

12:00 am                     Box lunches will be available

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