Monetary Economics Program Meeting
Organized by Hassan Afrouzi and Annette Vissing-Jorgensen
March 7, 2025
Federal Reserve Bank of Boston, 600 Atlantic Avenue, Boston, MA 02210
The format is as follows: 20 minutes presenter, 20 minutes discussant, 20 minutes audience Q & A
Friday, March 7
8:00am
Breakfast
8:45am

Why Do Workers Dislike Inflation? Wage Erosion and Conflict Costs

Joao Guerreiro, University of California, Los Angeles
Jonathon Hazell, London School of Economics and Political Science (LSE)
Chen Lian, University of California, Berkeley and NBER
Christina Patterson, University of Chicago and NBER

Discussant:
Andres Blanco, Federal Reserve Bank of Atlanta
9:45am
Break
10:00am

Sticky Inflation: When Debt Drags Inflation Expectations

Saki Bigio, University of California, Los Angeles and NBER
Dejanir Silva, Purdue University
Nicolas Caramp, University of California, Davis

Discussant:
Francesco Bianchi, Johns Hopkins University and NBER
11:00am
Break
11:15am

Monetary Policy as Insurance

Stefano Eusepi, University of Texas at Austin
Christopher G. Gibbs, The University of Sydney
Bruce Preston, University of New South Wales

Discussant:
Iván Werning, Massachusetts Institute of Technology and NBER
12:15pm
Lunch
1:30pm

Quick-Fixing: Near-Rationality in Consumption and Savings Behavior

Peter Andre, Goethe University Frankfurt
Joel P. Flynn, Yale University and NBER
George Nikolakoudis, Princeton University
Karthik Sastry, Princeton University and NBER

Discussant:
Matthew Rognlie, Northwestern University and NBER
2:30pm
Break
2:45pm

Monetary Policy Along the Yield Curve: Why Can Central Banks Affect Long-Term Real Rates?

Paul Beaudry, University of British Columbia and NBER
Paolo Cavallino, Bank for International Settlements
Tim Willems, Bank of England

Discussant:
Christian K. Wolf, Massachusetts Institute of Technology and NBER
3:45pm
Break
4:00 pm

Monetary Policy and the Mortgage Market

Itamar Drechsler, University of Pennsylvania and NBER
Alexi Savov, New York University and NBER
Philipp Schnabl, New York University and NBER
Dominik Supera, Columbia University

Discussant:
Kairong Xiao, Columbia University and NBER
5:00pm
Adjourn