Society for the Advancement of Economic Theory

Conference on Debt, Default, and Access to Credit - December 2011

SAET co-sponsored a conference on Debt, Default and Access to Credit with the University of Illinois at Urbana-Champaign on December 2, 2011.

The conference was organized by Daniel Dias and Anne Villamil and took place in the Levis Faculty Center.

Conference Program

Time Event
08:30 AMCoffee reception in 403 Levis Faculty Center
Session Chair: Christine Richmond (IMF)
09:00 AM"The stock of external sovereign debt: Can we take the data at ‘face value’?," Daniel Dias* (UIUC), Christine Richmond (IMF), and Mark L. J. Wright (Chicago FED and UCLA)
10:00 AM"Measuring Debt Stocks," Daniel Dias (UIUC), Christine Richmond (IMF) and Mark L. J. Wright* (Chicago FED and UCLA)
11:00 AMCoffee Break
Session Chair: Stephen Parente (UIUC)
11:30 AM"sovereign Default and Banking," Igor Livshits* (Western Ontario) and Koen Schoors (Ghent University)
12:30 PMLuncheon
Session Chair: Nicholas Yannelis (University of Iowa)
01:30 PM"Banking and Default in General Equilibrium," Antonio Antunes (Bank of Portugal), Tiago Cavalcanti (Cambridge) and Anne Villamil* (UIUC)
02:30 PM"Underwriting Ventures: Trust But Verify," Juan Sanchez* (St. Louis FED), Harold L. Cole (U Penn) and Jeremy Greenwood (U Penn)
03:30 PMCoffee Break
Session Chair: Stefan Krasa (UIUC)
04:00 PM"Bankruptcy and Access to Credit in General Equilibrium," Matthew Hoelle* (Purdue)
05:00 PM"Credit Crunches and Credit Allocation in a Model of Entrepreneurship," Marco Bassetto* (Chicago FED), Marco Cagetti (Board), Cristina De Nardi (Chicago FED)
* denotes the speaker
Kenneth Arrow Arrow
Gerard Debreu Debreu
Francis Ysidro Edgeworth Edgeworth
John Hicks Hicks
William Jevons Jevons
McKenzie McKenzie
Vilfredo Pareto Pareto
Adam Smith Smith
Alan Turing Turing
Leon Walras Walras