Asymmetric Information and the Business Cycle: Coordinating Issues in Financial Markets and Their Role in the Business Cycle; a CMFE workshop at Carleton University; C-869 Loeb (W. Irwin Gillespie Seminar Room); 3 February 2010

 Program:

13:00 – 13:05 Opening remarks by Stephen Ferris (CMFE Co-Director)
13:05 – 13:45
The Role of Adverse Selection, Liquidity, and Uncertainty in Financial Crises,” Koralai Kirabaeva (Bank of Canada)

13:45 – 14:00

Discussion and comments
14:00 – 14:40
“Imperfect Credit Markets, Learning by Lending, and Business Fluctuations,” Mohammed Siddiqui (University of Ottawa)

14:40 – 15:00

Discussion and comments
15:00 – 15:40
“Physical Investment and Optimal Monetary Policy in a ‘Sudden Stop’,” Xue Zhao a.k.a Bill Snow (Carleton University)

15:40 – 16:00

Discussion and comments