10th Workshop on Methods and Applications for Dynamic Stochastic General Equilibrium Models

 

Hosted by Federal Reserve Bank of Philadelphia. The workshop also serves as a mid-year meeting of the NBER EFSF Workgroup on Methods and Applications for DSGE Models.

 

Organizers:

Jesus Fernandez-Villaverde (Penn and NBER), Giorgio Primiceri (Northwestern and NBER), Frank Schorfheide (Penn and NBER), and Keith Sill (FRB Philadelphia)

 

Friday October 11, 2013

 

09:00 – 10:00

Francesco Bianchi (Duke), Cosmin Ilut (Duke and NBER), and Martin Schneider (Stanford and NBER): “Uncertainty Shocks, Asset Supply, and Pricing over the Business Cycle”

Discussant: Francois Gourio (Boston University and NBER)

10:00 – 10:30

Coffee Break

10:30 – 11:30

Davide Debortoli (UCSD) and Aeimit Lakdawala (Michigan State): “How Credible is the Federal Reserve? A Structural Estimation of Policy Reoptimizations”
Discussant: Andrea Tambalotti (FRB New York)

11:30 – 12:30

 
Troy Davig (FRB Kansas City) and Andrew Foerster (FRB Kansas City): “Uncertainty and Fiscal Cliffs”
Discussant: Benjamin Johansen (Board of Governors)
 

12:30 – 02:00

Lunch Break with a talk by Herman van Dijk (Erasmus University) on the “History of Bayesian Econometrics”

 

02:00 – 03:00

 
Edouard Challe (Ecole Polytechnique), Julien Matheron (Bank of France), Xavier Ragot (Paris School of Economics), and Juan Rubio-Ramirez (Duke): “Precautionary Saving and Aggregate Demand”

Discussant: Susantu Basu (Boston College and NBER)

 

03:00 – 04:00

 
Stephanie Schmitt-Grohe and Martin Uribe (Columbia and NBER): “The Making of a Great Contraction with a Liquidity Trap and a Jobless Recovery”

Discussant: Alejandro Justiniano (FRB Chicago)

 

04:00 – 04:30

Coffee Break

04:30 – 05:30

 

5:45

 
INVITED LECTURE by Lawrence Christiano (Northwestern and NBER)
 
Reception 

 

Saturday, October 12, 2013

 

09:00 – 10:00

Mario Forni (Modena and CEPR), Luca Gambetti (Universitat Autonoma de Barcelona), Marco Lippi (Universita di Roma), and Luca Sala (Bocconi): “Noisy News in Business Cycles”

Discussant: Marco Del Negro (FRB New York)

 

10:00 – 10:30

Coffee Break

10:30 – 11:30

A. Ronald Gallant (Penn State), Raffaella Giacomini (UCL), and Guiseppe Ragusa (LUISS): “GMM with Latent Variables”

Discussant: Frank DiTraglia (Penn)

 

11:30 – 12:30

Atsushi Inoue (Southern Methodist University) and Mototsugu Shintani (Vanderbilt): “Quasi-Bayesian Model Selection”
Discussant: TBD

12:30 – 02:00

Lunch / Departure