11th Workshop on Methods and Applications for Dynamic Stochastic General Equilibrium Models

 

Hosted by Federal Reserve Bank of Chicago. 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), Alejandro Justiniano (FRB Chicago), Leonardo Melosi (FRB Chicago), Giorgio Primiceri (Northwestern and NBER), and Frank Schorfheide (Penn and NBER)

 

 

Friday October 17, 2014

 

09:00 – 10:00

Thien Nguyen (Ohio State): “Bank Capital Requirements: A Quantitative Analysis”

Discussant: Cesaire Meh (Bank of Canada)

10:00 – 10:30

Coffee Break

10:30 – 11:30

Cosmin Illut (Duke and NBER), Matthias Kehrig (UT Austin), and Martin Schneider (Stanford and NBER): “Slow to Hire, Quick to Fire: Employment Dynamics with Asymmetric Responses to News”
Discussant: Yongsung Chang (Rochester and Yonsei)

11:30 – 12:30

 
George-Marios Angeletos (MIT), Fabrice Collard (University of Bern), and Harris Dellas (University of Bern): “Quantifying Confidence”

Discussant: Kristoffer Nimark (Cornell)
 

12:30 – 02:00

Lunch

02:00 – 03:00

 
Jinill Kim (Korea University) and Francisco Ruge-Murcia (McGill): “Extreme Events and the Fed”

Discussant: Luigi Bocola (FRB Minnesota and Northwestern)

 

03:00 – 04:00

 
Nelson Lind (UC San Diego): “Regime-Switching Perturbation for Non-Linear Equilibrium Models”

Discussant: Andrew Foerster (FRB Kansas City)

 

04:00 – 04:30

Coffee Break

04:30 – 05:30

 

 
Boragan Aruoba (Maryland), Pablo Cuba-Borda (Maryland), and Frank Schorfheide (Penn and NBER): “Macroeconomic Dynamics Near the ZLB: A Tale of Two Countries”

Discussant: Karel Mertens (Cornell)
 

 

 

Saturday, October 18, 2014

 

09:00 – 10:00

Mark Bognanni (FRB Cleveland) and Edward Herbst (Board of Governors): “Estimating (Markov-Switching) VAR Models Without Gibbs Sampling: A Sequential Monte Carlo Approach”

Discussant: Dan Waggoner (FRB Atlanta)

10:00 – 10:30

Coffee Break

10:30 – 11:30

Regis Barnichon (CREI) and Christian Matthes (FRB Richmond): “Measuring the Non-Linear Effects of Monetary Policy”

Discussant: Francesco Bianchi (Cornell)

 

11:30 – 12:30

James Cloyne (Bank of England), Clodomiro Ferreira (LBS) and Paolo Surico (LBS): “The Housing Market and Monetary Policy”
Discussant: Matteo Iacoviello (Board of Governors)

12:30 – 02:00

Lunch / Departure