Center for the Advanced Study in Economic Efficiency

Events Archive

Inaugural Conference

The Center hosted its inaugural conference, Causes and Consequences of Financial Crises and Efficiency of Alternative Intermediation Systems in April. The keynote address was delivered by Robert E. Lucas Jr.

Conference Agenda

9:00a Welcome address and organizational remarks by Edward C. Prescott
9:20 - 10:10a Arthur Rolnick: Regulating Banks that are too Big to Fail: Where do we go from here?
10:10 - 11:00a Edward S. Prescott: Financial Regulatory Reform.
11:00 - 11:20a Break
11:20 - 12:10p Robert M. Townsend: Financial Intermediation and Crises in Developing Countries.
12:10 - 1:00p Ellen R. McGrattan: Capital Taxation during the U.S. Great Depression.
1:00 - 2:00p Lunch: Alumni Lounge – 2nd floor MU
2:00 - 2:50p Lee Ohanian: The Persistence of the Great Depression: Financial Reform without Economic Recovery.
2:50 - 3:40p Timothy J. Kehoe: Why Real Outcomes Following Financial Crises Differ.
3:40 - 4:00p Break
4:00 - 5:00p Edward J. Green: Optimal Intermediated Investment in a Liquidity-Driven Business Cycle.