Monetary Economics Program Meeting
Organized by John V. Leahy and Virgiliu Midrigan
March 7, 2014
Federal Reserve Bank of New York

Friday, March 7

1

The Perils of Nominal Targets

Roc Armenter, Federal Reserve Bank of Philadelphia

2

Monetary/Fiscal Policy Mix and Agents' Beliefs

Francesco Bianchi, Johns Hopkins University and NBER
Cosmin L. Ilut, Duke University and NBER

3

Inspecting the Mechanism: Leverage and the Great Recession in the Eurozone

Thomas Philippon, New York University and NBER
Philippe Martin, Sciences Po

4

Transfer Payments and the Macroeconomy: The Effects of Social Security Benefit Changes, 1952-1991

Christina D. Romer, University of California, Berkeley and NBER
David H. Romer, University of California, Berkeley and NBER

5

Time Consistency and the Duration of Government Debt: A Signalling Theory of Quantitative Easing

Gauti B. Eggertsson, Brown University and NBER
Saroj Bhattarai, University of Texas at Austin
Bulat Gafarov, University of California, Davis

	Monetary Economics Program Meeting Organized by John V. Leahy and Virgiliu Midrigan March 7, 2014 Federal Reserve Bank of New York
	Friday, March 7
1	The Perils of Nominal Targets Roc Armenter, Federal Reserve Bank of Philadelphia
2	Monetary/Fiscal Policy Mix and Agents' Beliefs Francesco Bianchi, Johns Hopkins University and NBER Cosmin L. Ilut, Duke University and NBER
3	Inspecting the Mechanism: Leverage and the Great Recession in the Eurozone Thomas Philippon, New York University and NBER Philippe Martin, Sciences Po
4	Transfer Payments and the Macroeconomy: The Effects of Social Security Benefit Changes, 1952-1991 Christina D. Romer, University of California, Berkeley and NBER David H. Romer, University of California, Berkeley and NBER
5	Time Consistency and the Duration of Government Debt: A Signalling Theory of Quantitative Easing Gauti B. Eggertsson, Brown University and NBER Saroj Bhattarai, University of Texas at Austin Bulat Gafarov, University of California, Davis