NATIONAL
BUREAU OF ECONOMIC RESEARCH, INC. |
|
SUMMER
INSTITUTE 2004 |
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Monetary
Economics Workshop |
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Christina
D. Romer and David H. Romer, Organizers |
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Royal
Sonesta Hotel |
5
Cambridge Parkway |
Cambridge,
Massachusetts |
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July 12 -
16, 2004 |
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Program |
MONDAY, JULY 12: |
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12:00 N |
Lunch |
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1:00
p.m. |
GIORGIO
PRIMICERI, Princeton University |
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Why Inflation Rose and
Fell: Policymakers= Beliefs and US Postwar
Stabilization Policy |
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1:55 p.m. |
CHRISTOPHER SIMS, Princeton
University and NBER |
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TAO ZHA, Federal Reserve Bank of
Atlanta |
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2:50 p.m. |
Break |
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3:05 p.m. |
EDWARD NELSON, Federal Reserve
Bank of St. Louis |
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4:00 p.m. |
Adjourn |
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TUESDAY, JULY 13: |
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12:00 N |
Lunch |
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1:00 p.m. |
JULIAN DI GIOVANNI,
International Monetary Fund |
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JUSTIN MCCRARY, University of
Michigan |
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TILL VON WACHTER, Columbia
University |
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Following the Leader: Simple Estimates of the
Effect of Monetary Policy on the Economy |
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1:55 p.m. |
Break |
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2:10 p.m. |
IGNAZIO ANGELONI, European
Central Bank |
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European Central Bank Project on
Inflation Persistence in the Euro Area: |
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A Progress Report |
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Presentations by HERVE LE BIHAN, Banque de France |
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and KARL WHELAN, Central Bank and Financial Services Authority of Ireland |
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3:40
p.m. |
Adjourn |
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WEDNESDAY, JULY 14: |
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12:00 N |
Lunch |
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1:00 p.m. |
MONIKA PIAZZESI, University of
Chicago and NBER |
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ERIC
SWANSON, Federal Reserve Board |
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Futures
Prices as Risk Adjusted Forecasts of Monetary Policy |
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1:55
p.m. |
GLENN
RUDEBUSCH and TAO WU, Federal Reserve Bank of San Francisco |
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A Macro-Finance Model of the
Term Structure, Monetary Policy, and the Economy |
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2:50 p.m. |
Break |
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3:05 p.m. |
Discussion with DONALD L. KOHN,
Member, Federal Reserve Board |
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4:00 p.m. |
Adjourn |
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6:00 p.m. |
Clambake, Harvard Faculty Club,
20 Quincy Street, Cambridge, MA |
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THURSDAY, JULY 15: |
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12:00 N |
Lunch |
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1:00 p.m. |
PETER J. KLENOW, Stanford
University and NBER |
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OLEKSIY KRYVTSOV, Bank of Canada |
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State-Dependent or
Time-Dependent Pricing: Does It
Matter for Recent U.S. Inflation? |
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1:55 p.m. |
Break |
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2:10 p.m. |
JOHN M. ROBERTS, Federal Reserve
Board |
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3:05 p.m. |
Adjourn |
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FRIDAY,
JULY 16: |
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12:00 N |
Lunch |
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1:00 p.m. |
CHRISTOPHER HOUSE, University of
Michigan |
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MATTHEW SHAPIRO, University of
Michigan and NBER |
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1:55 p.m. |
OLIVIER JEANNE, International
Monetary Fund |
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LARS E.O. SVENSSON, Princeton
University and NBER |
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Credible commitment to Optimal
Escape from a Liquidity Trap: |
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The Role of the Balance Sheet of
an Independent Central Bank |
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2:50 p.m. |
Break |
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3:05 p.m. |
Discussion with N. GREGORY
MANKIW |
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Chairman, Council of Economic
Advisers and NBER |
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4:00 p.m. |
Adjourn |
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5/4/04 |
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