Friday, November 11

8:30 am

Continental Breakfast

9:00 am

A Theory of Non-Coasean Labor Markets

Andres Drenik, University of Texas at Austin and NBER
Andres Blanco, Federal Reserve Bank of Atlanta
Christian Moser, Columbia University and NBER
Emilio Zaratiegui, Columbia University

Discussant:
Masao Fukui, Boston University

10:00 am

Break

10:15 am

The Crowding Out Effect of Local Government Debt: Micro- and Macro-Estimates

Noémie Pinardon-Touati, Columbia University

Discussant:
Atif R. Mian, Princeton University and NBER

11:15 am

Break

11:30 am

A Behavioral Heterogeneous Agent New Keynesian Model

Oliver Pfäuti, University of Texas at Austin
Fabian Seyrich, BSE Berlin and DIW Berlin

Discussant:
Adrien Auclert, Stanford University and NBER

12:30 pm

Lunch - University A Room

1:30 pm

Perspectives on US Monetary Policy and the Return to Price Stability
Policy Keynote by Richard Clarida, Columbia University
Slides

2:30 pm

Break

2:45 pm

Monetary-Based Asset Pricing: A Mixed Frequency Structural Approach

Francesco Bianchi, Johns Hopkins University and NBER
Sydney C. Ludvigson, New York University and NBER
Sai Ma, Federal Reserve Board of Governors

Discussant:
Carolin Pflueger, University of Chicago and NBER

3:45 pm

Break

4:00 pm

Policymakers' Uncertainty

Anna Cieslak, Duke University and NBER
Stephen Hansen, University College London
Michael McMahon, University of Oxford
Song Xiao, London School of Economics

Discussant:
Karel Mertens, Federal Reserve Bank of Dallas

5:00 pm

Adjourn