Monetary Economics Program Meeting
Organized by Ricardo Reis and Mark W. Watson
March 2, 2012
Federal Reserve Bank of New York

Friday, March 2

1

The I Theory of Money

Markus K. Brunnermeier, Princeton University and NBER
Yuliy Sannikov, Stanford University

2

Fiscal Volatility Shocks and Economic Activity

Jesus Fernandez-Villaverde, University of Pennsylvania and NBER
Pablo A. Guerrón-Quintana, Boston College
Keith Kuester, University of Bonn
Juan Rubio-Ramírez, Emory University

3

Fiscal Devaluations

Emmanuel Farhi, Harvard University
Gita Gopinath, Harvard University and NBER
Oleg Itskhoki, Harvard University and NBER

4

Measuring the Effect of the Zero Lower Bound on Medium- and Longer-Term Interest Rates

Eric T.. Swanson, University of California, Irvine and NBER
John Williams, Federal Reserve Bank of New York

5

Price Setting with Menu Cost for Multi-product Firms

Fernando E. Alvarez, University of Chicago and NBER
Francesco Lippi, Luiss University

6

The Panic of 1907: JP Morgan, Trust Companies, and the Impact of the Financial Crisis

Carola Frydman, Northwestern University and NBER
Eric Hilt, Wellesley College and NBER

	Monetary Economics Program Meeting Organized by Ricardo Reis and Mark W. Watson March 2, 2012 Federal Reserve Bank of New York
	Friday, March 2
1	The I Theory of Money Markus K. Brunnermeier, Princeton University and NBER Yuliy Sannikov, Stanford University
2	Fiscal Volatility Shocks and Economic Activity Jesus Fernandez-Villaverde, University of Pennsylvania and NBER Pablo A. Guerrón-Quintana, Boston College Keith Kuester, University of Bonn Juan Rubio-Ramírez, Emory University
3	Fiscal Devaluations Emmanuel Farhi, Harvard University Gita Gopinath, Harvard University and NBER Oleg Itskhoki, Harvard University and NBER
4	Measuring the Effect of the Zero Lower Bound on Medium- and Longer-Term Interest Rates Eric T.. Swanson, University of California, Irvine and NBER John Williams, Federal Reserve Bank of New York
5	Price Setting with Menu Cost for Multi-product Firms Fernando E. Alvarez, University of Chicago and NBER Francesco Lippi, Luiss University
6	The Panic of 1907: JP Morgan, Trust Companies, and the Impact of the Financial Crisis Carola Frydman, Northwestern University and NBER Eric Hilt, Wellesley College and NBER