Lessons from Financial Crisis for Monetary Policy
Supported by the Smith Richardson Foundation
October 18-19, 2013
Intercontinental Hotel, Boston MA

Friday, October 18

1

Understanding the Great Recession

Lawrence Christiano, Northwestern University and NBER
Martin Eichenbaum, Northwestern University and NBER
Mathias Trabandt, Goethe University Frankfurt

2

Forward Guidance as a Monetary Policy Tool in Theory and Practice: The Swedish Experience

Lars E. O. Svensson, Stockholm School of Economics and NBER

3

Is the Phillips Curve Alive and Well After All? Inflation Expectations and the Missing Disinflation

Olivier Coibion, University of Texas at Austin and NBER
Yuriy Gorodnichenko, University of California, Berkeley and NBER

4

The Effects of Monetary Policy on Asset Price Bubbles: Some Evidence

Jordi Gali, Center for Research in International Economics and NBER
Luca Gambetti, Universitat Autonoma de Barcelona

	Lessons from Financial Crisis for Monetary Policy Supported by the Smith Richardson Foundation October 18-19, 2013 Intercontinental Hotel, Boston MA
	Friday, October 18
1	Understanding the Great Recession Lawrence Christiano, Northwestern University and NBER Martin Eichenbaum, Northwestern University and NBER Mathias Trabandt, Goethe University Frankfurt
2	Forward Guidance as a Monetary Policy Tool in Theory and Practice: The Swedish Experience Lars E. O. Svensson, Stockholm School of Economics and NBER
3	Is the Phillips Curve Alive and Well After All? Inflation Expectations and the Missing Disinflation Olivier Coibion, University of Texas at Austin and NBER Yuriy Gorodnichenko, University of California, Berkeley and NBER
4	The Effects of Monetary Policy on Asset Price Bubbles: Some Evidence Jordi Gali, Center for Research in International Economics and NBER Luca Gambetti, Universitat Autonoma de Barcelona