SED 2012 - Society for Economic Dynamics

SED 2012 | Society for Economic DynamicsWelcome to the 2012 Annual Meeting of the Society for Economic Dynamics!We have an exciting program for this year’s meeting. The current global economic situationwith a slow recovery from the great recession and a restructuring of the financial sector is addressedin many sessions. Issues of sovereign debt, international default, and financial contagionnaturally play an important role in the conference, especially given that the conferencetakes place for the second time in a row in Europe and the European debt crisis remains acentral policy issue. Yet, also beyond these topics significant contributions in all areas of macroeconomicsand related fields are presented.We had the opportunity to select 435 papers for this program covering all areas of economics,as well as to invite plenary addresses from Andrew Atkeson (UCLA), Monika Piazzesi (Stanford),and Christopher Udry (Yale). We had close to 1,200 submissions, and space limitations unfortunatelymeant that a number of fine papers did not make it onto the program.Your continuing enthusiasm has been crucial for the success of this conference! And so has theguidance by the SED’s past presidents: Tom Sargent, Ed Prescott, Dale Mortensen, Tom Cooley,Boyan Jovanovic, and David Levine.Putting together such a large program is only possible with the support of a strong group, andwe thank the 41 member committee for selecting papers timely and conscientiously.A particular thanks goes to the local organizers Sofronis Clerides, Andros Kourtellos, AlexanderMichaelides, Andreas Milidonis, George Nishiotis, Christopher Pissarides, and Marios Zachariadis,who made all of this possible. Our officers Ellen McGrattan (Treasurer) and Christian Zimmermann(Secretary) also played a significant role.The costs of setting up such a meeting become obvious from its scale, and we gratefully acknowledgethe support of our sponsors.Have a good and intellectually stimulating time! Enjoy the conference and Cyprus!With very best wishes,Francisco Buera, Nicola Fuchs-Schündeln, and Richard Rogerson4