Monetary Economics Program Meeting
Organized by Diego R. Känzig and Sarah Zubairy
November 13, 2026
Federal Reserve Bank of San Francisco, 101 Market Street, San Francisco, CA
Format: 20 minutes each for the author, discussant, and audience q&a.
Thursday, November 12
6:30 pm
Group Dinner
Perbacco Restaurant, 230 California Street, San Francisco, CA
Friday, November 13
8:30 am
Continental Breakfast
9:00 am

Government Funding Costs Under Financial Repression

Roberto Gomez Cram, London Business School
Howard Kung, London Business School
Hanno Lustig, Stanford University and NBER
David Zeke, Federal Reserve Board of Governors

Discussant:
Marco Bassetto, Federal Reserve Bank of Minneapolis
10:00 am
Break
10:15 am

Expectations and the Term Structure of Interest Rates

Pooya Molavi, Northwestern University
Alireza Tahbaz-Salehi, Northwestern University
Andrea Vedolin, Boston University and NBER

Discussant:
Michael D. Bauer, Federal Reserve Bank of San Francisco
11:15 am
Break
11:30 am

Louder than Rates: The Systematic Nature of Central Bank Communication

Tiziana Assenza, Toulouse School of Economics
Fabrice Collard, Toulouse School of Economics
Dogukan Guney, Toulouse School of Economics
Philipp Wangner, University of Mannheim

Discussant:
Stephen Hansen, University College London
12:30 pm
Lunch
1:30 pm

Consumers’ Attention to Monetary Policy: The Importance of Having “Skin in the Game”

Ina Hajdini, Federal Reserve Bank of Cleveland
Edward S. Knotek II, Federal Reserve Bank of Cleveland
James Mitchell, Federal Reserve Bank of Cleveland
Mathieu Pedemonte, Inter-American Development Bank
Taylor Shiroff, Duke University

Discussant:
Oliver Pfäuti, University of Texas at Austin
2:30 pm
Break
2:45 pm

Importing Aggregate Demand

Chen Lian, University of California, Berkeley and NBER
Dmitry Mukhin, London School of Economics and Political Science (LSE)
Christian K. Wolf, Massachusetts Institute of Technology and NBER

Discussant:
Sarah M. Gertler, Barnard College
3:45 pm
Break
4:00 pm

The Regional and the Aggregate Effects of Bank Funding Shocks

Shohini Kundu, University of California, Los Angeles
Seongjin Park, Nanyang Technological University
Nishant Vats, Washington University in St. Louis

Discussant:
Juan Herreño, University of California, San Diego and NBER
5:00 pm
Adjourn