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NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

29th Annual Conference on Macroeconomics

Jonathan Parker and Michael Woodford, Organizers

April 11-12, 2014

The Royal Sonesta Hotel

Charles Suites

40 Edwin H. Land Blvd.

Cambridge, MA

 

PROGRAM

 

Friday, April 11

 

8:30 am

Continental Breakfast

 

 

9:00 am

John Fernald, Federal Reserve Bank of San Francisco

 

Productivity and Potential Output Before, During, and After the Great Recession

 

Discussants:    Samuel Kortum, Yale University and NBER (slides)

 

                        John Haltiwanger, University of Maryland and NBER (slides)

 

 

10:30 am

Break

 

 

11:00 am

Hess Chung, Board of Governors of the Federal Reserve

 

Edward P. Herbst, Federal Reserve Board

 

Michael Kiley, Federal Reserve Board

 

Effective Monetary Policy Strategies in New-Keynesian Models: A Re-Examination
 

 

Discussants:    Lars Svensson, Stockholm School of Economics and NBER (slides)

 

                         Mark Gertler, New York University and NBER (slides)

 

 

12:30 pm

Lunch – Parkview Room

 

 

2:00 pm

Tarek Alexander Hassan, University of Chicago and NBER

 

Thomas Mertens, New York University

 

Information Aggregation in a DSGE Model
 

 

Discussants:    Guido Lorenzoni, Northwestern University and NBER (slides)

 

                         George-Marios Angeletos, Massachusetts Institute of Technology,  

                         University of Zurich and NBER (slides)

3:30 pm

Break

 

 

4:00 pm

Robert B. Barsky, Federal Reserve Bank of Chicago and NBER

 

Susanto Basu, Boston College and NBER

Keyoung Lee, Federal Reserve Bank of Chicago

 

Whither News Shocks?
 

 

Discussants:    Franck Portier, Toulouse School of Economics (slides)

 

                         Lawrence Christiano, Northwestern University and NBER (slides)

 

 

5:30 pm

Adjourn

 

 

6:00 pm

Group Dinner – Parkview Room

 

After Dinner Speaker:  Kenneth Rogoff, Harvard University and NBER

Saturday, April 12

 

 

8:30 am

Continental Breakfast

 

 

9:00 am

Robert E. Hall, Stanford University and NBER

 

Quantifying the Lasting Harm to the U.S. Economy from the Financial Crisis

 

Discussants: Martin Eichenbaum, Northwestern University and NBER (slides)

 

                      Narayana Kocherlakota, Federal Reserve Bank of Minneapolis  

                      and NBER (slides)

 

 

10:30 am

Break

 

 

11:00 am

Christopher Foote, Federal Reserve Bank of Boston

 

Rich Ryan, Federal Reserve Bank of Boston

 

Labor Market Polarization over the Business Cycle  

 

Discussants:   Richard Rogerson, Princeton University and NBER (slides)

 

                        Fatih Guvenen, University of Minnesota and NBER (slides)

 

 

12:30 pm

Adjourn