Workshop on Methods and Applications for Dynamic Stochastic General Equilibrium Models
Organized by Luigi Bocola, Christian K. Wolf, Frank Schorfheide, and Keith Sill
October 13-14, 2023
Federal Reserve Bank of Philadelphia
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.
Friday, October 13
8:30 am
Registration and Continental Breakfast
9:00 am

Supply-chain Constraints and Inflation (slides)

Diego A. Comin, Dartmouth College and NBER
Robert C. Johnson, University of Notre Dame and NBER
Callum J. Jones, Federal Reserve Board of Governors

Discussant:
S. Borağan Aruoba, University of Maryland, College Park and NBER
10:00 am
Coffee Break
10:30 am

Are Inflationary Shocks Regressive? A Feasible Set Approach

Felipe Del Canto, Harvard University
John R. Grigsby, Princeton University and NBER
Eric Qian, Princeton University
Conor Walsh, Columbia University

Discussant:
Alisdair McKay, Federal Reserve Bank of Minneapolis
11:30 am

Expectations and the Rate of Inflation

Iván Werning, Massachusetts Institute of Technology and NBER

Discussant:
Fernando E. Alvarez, University of Chicago and NBER
12:30 pm
Lunch
2:00 pm

Robust Real Rate Rules

Tom D. Holden, Deutsche Bundesbank

Discussant:
Francesco Bianchi, Johns Hopkins University and NBER
3:00 pm
Coffee Break
3:30 pm

Inflation and GDP Dynamics in Production Networks: A Sufficient Statistics Approach

Hassan Afrouzi, Columbia University and NBER
Saroj Bhattarai, University of Texas at Austin

Discussant:
Mishel Ghassibe, Centre de Recerca en Economia Internacional (CREi)
4:30 pm

The Causal Effects of Global Supply Chain Disruptions on Macroeconomic Outcomes: Evidence and Theory

Xiwen Bai, Tsinghua University
Jesús Fernández-Villaverde, University of Pennsylvania and NBER
Yiliang Li, University of International Business and Economics (UIBE)
Francesco Zanetti, University of Oxford

Discussant:
Julian di Giovanni, Federal Reserve Bank of New York
5:30 pm
Adjourn
Saturday, October 14
8:30 am
Continental Breakfast
9:00 am

A Theory of Supply Function Choice and Aggregate Supply

Joel P. Flynn, Yale University and NBER
George Nikolakoudis, Princeton University
Karthik Sastry, Princeton University and NBER

Discussant:
Gideon Bornstein, University of Pennsylvania and NBER
10:00 am
Coffee Break
10:30 am

Back to the 1980s or Not? The Drivers of Inflation and Real Risks in Treasury Bonds

Carolin Pflueger, University of Chicago and NBER

Discussant:
Dongho Song, Johns Hopkins University
11:30 am

Inflation Distorts Relative Prices: Theory and Evidence

Klaus Adam, University of Mannheim
Andrey Alexandrov, Princeton University
Henning Weber, Deutsche Bundesbank

Discussant:
Raphael Schoenle, Brandeis University
12:30 pm
Boxed Lunch / Departure