Authors, please upload your paper here. NATIONAL BUREAU OF ECONOMIC RESEARCH, INC. 31st Annual Conference on Macroeconomics Martin Eichenbaum and Jonathan Parker, Organizers April 15 and 16, 2016
Royal Sonesta Hotel Riverfront Room (East Tower, 2^nd Floor)
40 Edwin H. Land Blvd.
Cambridge, MA
PROGRAM
Friday, April 15:
8:30 am	Continental Breakfast
9:00 am	Jeffrey Campbell, Federal Reserve Bank of Chicago Jonas Fisher, Federal Reserve Bank of Chicago Alejandro Justiniano, Federal Reserve Bank of Chicago Leonardo Melosi, Federal Reserve Bank of Chicago Forward Guidance and Macroeconomic Outcomes Since the Financial Crisis
	Discussants:	Narayana Kocherlakota, University of Rochester and NBER
		Gauti B. Eggertsson, Brown University and NBER
10:30 am	Break
11:00 am	Fernando Alvarez, University of Chicago and NBER Francesco Lippi, Einaudi Institute for Economics and Finance Juan Passadore, Einaudi Institute for Economics and Finance Are State and Time Dependent Models Really Different?
	Discussants:	John Leahy, University of Michigan and NBER
		Greg Kaplan, Princeton University and NBER
12:30 pm	Lunch – Parkview Room (East Tower, 2^nd Floor) Panel on Global Commodity Prices James D. Hamilton, University of California at San Diego and NBER Steven B. Kamin, Federal Reserve Board Steven Strongin, Goldman Sachs
2:30 pm	Paul Beaudry, University of British Columbia and NBER Dana Galizia, Carleton University Franck Portier, Toulouse School of Economics Is the Macroeconomy Locally Unstable and Why Should We Care?
	Discussants:	Laura Veldkamp, New York University and NBER
		Ivan Werning, Massachusetts Institute of Technology and NBER
4:00 pm	Break
4:30 pm	Òscar Jordà, Federal Reserve Bank of San Francisco Moritz Schularick, University of Bonn Alan M. Taylor, University of California at Davis and NBER Macrofinancial History and the New Business Cycle Facts
	Discussants:	Mark Gertler, New York University and NBER Atif Mian, Princeton University and NBER
6:00 pm	Adjourn
6:30 pm	Reception and Dinner – Longfellow Rooms (West Tower, 1st Floor)
	Dinner Speaker:  Lawrence Summers, Harvard University and NBER
Saturday, April 16:
8:30 am	Continental Breakfast
9:00 am	Pierre-Olivier Gourinchas, University of California at Berkeley and NBER Thomas Philippon, New York University and NBER Dimitri Vayanos, London School of Economics and NBER The Analytics of the Greek Crisis
	Discussants:	Olivier Blanchard, Peterson Institute for International Economics and NBER
		Markus Brunnermeier, Princeton University and NBER
10:30 am	Break
11:00 am	Olivier Blanchard, Peterson Institute for International Economics and NBER Christopher Erceg, Federal Reserve Board Jesper Lindé, Sveriges Riksbank Jump-Starting the Euro Area Recovery: Would a Rise in Core Fiscal Spending Help the Periphery?
	Discussants:	Harald Uhlig, University of Chicago and NBER
		Ricardo Reis, Columbia University and NBER
12:30 pm	Adjourn