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Endogenous Incompleteness Conference

Federal Reserve Bank of Minneapolis
June 5-6, 1998
Friday, June 5
1:25 p.m. Harold Cole, Federal Reserve Bank of Minneapolis
Efficient Borrowing and Savings Constraints” (withNarayana Kocherlakota)
2:45 p.m. Ethan Ligon, University of California at Berkeley
Informal Insurance Arrangements in Village Economies” (with Jonathan Thomas and Tim Worrall)
4:00 p.m. Coffee break
4:30 p.m. Douglas Gale, New York University
“Modeling General Equilibrium with Incomplete Information”
6:00 p.m. Cocktail reception
7:00 p.m. Dinner
Saturday, June 6
9:00 a.m. Continental breakfast
9:30 a.m. Fernando Alvarez, University of Chicago, and Urban Jermann, University of Pennsylvania
Asset Pricing When Risk Sharing Is Limited by Default
10:45 a.m. Coffee break
11:15 a.m. Juan Pablo Nicolini, University of Torcuato di Tella
“Completing Markets With Default: An Analysis of the Argentinian Case” (with Francisco Buera)
12:30 p.m. Buffet luncheon
2:00 p.m. Hugo Hopenhayn, University of Rochester
“Firm Growth and Survival Under Moral Hazard and Limited Enforcement” (with Gian Luca Clementi)
3:15 p.m. Coffee break
3:45 p.m. David Levine, University of California at Los Angeles
Lotteries, Sunspots and Incentive Constraints” (withTimothy Kehoe and Edward C. Prescott)
5:00 p.m. Conference concludes