NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

 

SUMMER INSTITUTE 2007

 

Impulse and Propagation Mechanisms

 

Lawrence Christiano and Martin Eichenbaum, Organizers

 

Royal Sonesta Hotel

University A Room

40 Edwin H. Land Boulevard

Cambridge, Massachusetts

 

July 16–20, 2007

 

PROGRAM

 

MONDAY, JULY 16:

 

 

 8:30 am

Coffee and Pastries

 

 

 9:00 am

BOYAN JOVANOVIC, New York University and NBER

 

Bubbles in Prices of Exhaustible Resources

 

 

10:00 am

Break

 

 

10:15 am

JORDI GALI, CREI and NBER

 

LUCA GAMBETTI, Universitat Autonoma de Barcelona

 

On the Sources of the Great Moderation

 

 

11:15 am

Break

 

 

11:30 am

GIANCARLO CORSETTI, European University Institute

 

LUCA DEDOLA, European Central Bank

 

SYLVAIN LEDUC, Federal Reserve Board

 

Productivity and the Dollar

 

 

12:30 pm

Lunch and Adjourn

 

 

TUESDAY, JULY 17:

 

 

 8:30 am

Coffee and Pastries

 

 

 9:00 am

MARK GERTLER, New York University and NBER

 

LUCA SALA and ANTONELLA TRIGAR, Bocconi University

 

An Estimated Monetary DSGE Model with Unemployment and Staggered Nash Wage Bargaining

 

 

10:00 am

Break

 

 

10:15 am

JEAN-PASCAL BENASSY, CEPREMAP, Paris

 

Dynamic Monetary Economics:  Paradoxes and a Non-Ricardian Resolution

 

 

11:15 am

Break

 

 

11:30 am

FRANCISCO COVAS, Federal Reserve Board

 

WOUTER DEN HAAN, University of Amsterdam

 

The Role of Debt and Equity Finance over the Business Cycle

 

 

12:30 pm

Lunch and Adjourn

 

 

WEDNESDAY, JULY 18:

 

 

 8:30 am

Coffee and Pastries

 

 

 9:00 am

MICHELLE ALEXOPOULOS, University of Toronto

 

One Shock, Two Shocks, Three Shocks, Four

 

 

10:00 am

Break

 

 

10:15 am

LEVON BARSEGHYAN, JEFFREY PRINCE and JOSHUA TEITELBAUM,

 

Cornell University

 

Are Households' Choices Consistent? Evidence from Insurance Data

 

 

11:15 am

Break

 

 

11:30 am

NICK BLOOM, Stanford University and NBER

 

RAFFAELLA SADUN, London School of Economics

 

JOHN VAN REENEN, London School of Economics and NBER

 

Americans Do I.T. Better: US Multinationals and the Productivity Miracle

 

 

12:30 pm

Lunch and Adjourn

 

 

 6:00 pm

Clambake, Harvard Faculty Club, 20 Quincy Street, Cambridge, MA

 

 

THURSDAY, JULY 19:

 

 

 8:30 am

Coffee and Pastries

 

 

 9:00 am

ALEKSANDER BERENTSEN, University of Basel

 

GUIDO MENZIO, University of Pennsylvania

 

RANDY WRIGHT, University of Pennsylvania and NBER

 

Inflation and Unemployment in the Long Run

 

 

10:00 am

Break

 

 

10:15 am

STEFANIA ALBANESI, Columbia University and NBER

 

ROC ARMENTER, Federal Reserve Bank of New York

 

Intertemporal Distortions in the Second Best

 

 

11:15 am

Break

 

 

11:30 am

GEORGE-MARIOS ANGELETOS, MIT and NBER

 

ALESSANDRO PAVAN, Northwestern University

 

Policy for Economies with Dispersed Information

 

 

12:30 pm

Lunch and Adjourn

 

 

FRIDAY, JULY 20:

 

 

 8:30 am

Coffee and Pastries

 

 

9:00 am

LEE OHANIAN, UC, Los Angeles and NBER

 

MARK WRIGHT, UC, Los Angeles

 

50 Years of International Capital Flows: Evidence and Tests of Theories

 

 

10:00 am

Break

 

 

10:15 am

JULIO ROTEMBERG, Harvard University and NBER

 

Minimally Altruistic Wages and Unemployment in a Matching Model

 

 

11:15 am

Break

 

 

11:30 am

XAVIER GABAIX, New York University and NBER

 

A Simple, Unified, Exactly Solved Framework for Ten Puzzles in Macro-Finance

 

 

12:30 pm

Lunch and Adjourn

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5/28/07