Friday, March 11
8:30 am
Continental Breakfast
9:00 am

Monetary Policy and Endogenous Financial Crises

Frederic Boissay, Bank for International Settlements
Fabrice Collard, Toulouse School of Economics
Jordi Galí, Center for Research in International Economics and NBER
Cristina Manea, Bank for International Settlements

Discussant:
François Gourio, Federal Reserve Bank of Chicago
10:00 am
Break
10:15 am

Zero Lower Bound on Inflation Expectations

Yuriy Gorodnichenko, University of California, Berkeley and NBER
Dmitriy Sergeyev, Bocconi University

Discussant:
Morton O. Ravn
11:15 am
Break
11:30 am

In Search of the Origins of Financial Fluctuations: The Inelastic Markets Hypothesis

Xavier Gabaix, Harvard University and NBER
Ralph S. J. Koijen, University of Chicago and NBER

Discussant:
Monika Piazzesi, Stanford University and NBER
12:30 pm
Lunch - Room University A
1:30 pm

Learning About the Long Run

Leland Farmer, University of Virginia
Emi Nakamura, University of California, Berkeley and NBER
Jón Steinsson, University of California, Berkeley and NBER

Discussant:
Lars A. Lochstoer, University of California, Los Angeles and NBER
2:30 pm
Break
2:45 pm

State Dependent Government Spending Multipliers: Downward Nominal Wage Rigidity and Sources of Business Cycle Fluctuations

Yoon J. Jo, Texas A&M University
Sarah Zubairy, Texas A&M University and NBER

Discussant:
Johannes Wieland, University of California, San Diego and NBER
3:45 pm
Break
4:00 pm

Diagnostic Business Cycles

Francesco Bianchi, Johns Hopkins University and NBER
Cosmin L. Ilut, Duke University and NBER
Hikaru Saijo, University of California, Santa Cruz

Discussant:
Sanjay R. Singh, University of California, Davis
5:00 pm
Adjourn