SI 2017 Impulse and Propagation Mechanisms
Organized by Lawrence Christiano and Martin S. Eichenbaum
July 10-14, 2017
Royal Sonesta Hotel
Monday, July 10
8:30 am
Coffee and Pastries
9:00 am

The Response of Consumer Spending to Changes in Gasoline Prices

Michael Gelman, Claremont McKenna College
Yuriy Gorodnichenko, University of California, Berkeley and NBER
Shachar Kariv, University of California, Berkeley
Dmitri K. Koustas, University of Chicago
Matthew D. Shapiro, University of Michigan and NBER
Dan Silverman, Amazon, Inc.
Steven Tadelis, University of California, Berkeley and NBER
10:00 am
Break
10:15 am

Oil, Equities, and the Zero Lower Bound

Deepa Dhume Datta, Federal Reserve Board of Governors
Ben Johannsen, Federal Reserve Board of Governors
Hannah Kwon, Federal Reserve Board of Governors
Robert Vigfusson, Amazon, Inc.
11:15 am
Break
11:30 am

Large and State-Dependent Effects of Quasi-Random Monetary Experiments

Òscar Jordà, Federal Reserve Bank of San Francisco
Moritz Schularick, Kiel Institute for the World Economy
Alan M. Taylor, Columbia University and NBER
12:30 pm
Adjourn and Lunch
Tuesday, July 11
8:30 am
Coffee and Pastries
9:00 am

Macroeconomic Model with Financial Panics

Mark Gertler, New York University and NBER
Nobuhiro Kiyotaki, Princeton University and NBER
Andrea Prestipino, Federal Reserve Board of Governors
10:00 am
Break
10:15 am

On Interest Rate Policy and Asset Bubbles

Gadi Barlevy, Federal Reserve Bank of Chicago
Douglas Gale, New York University
Franklin Allen, Imperial College London
11:15 am
Break
11:30 am

The Mortgage Rate Conundrum

Alejandro Justiniano, Federal Reserve Bank of Chicago
Giorgio Primiceri, Northwestern University and NBER
Andrea Tambalotti, Amazon, Inc.
12:30 pm
Adjourn and Lunch
Wednesday, July 12
8:30 am
Coffee and Pastries
9:00 am

Forward Guidance without Common Knowledge

George-Marios Angeletos, Northwestern University and NBER
Chen Lian, University of California, Berkeley and NBER
10:00 am
Break
10:15 am

Macroeconomic Effects of Debt Relief: Consumer Bankruptcy Protections in the Great Recession

Adrien Auclert, Stanford University and NBER
Will S. Dobbie, Harvard University and NBER
Paul Goldsmith-Pinkham, Yale University and NBER
11:15 am
Break
11:30 am

Achieving Price Stability by Manipulating the Central Bank's Payment on Reserves

Robert E. Hall, Stanford University and NBER
Ricardo Reis, London School of Economics and Political Science (LSE)
12:30 pm
Adjourn and Lunch
6:00 pm
Clambake at the Royal Sonesta Hotel (Ballroom B/ West Tower)
Thursday, July 13
8:30 am
Coffee and Pastries
9:00 am

A Behavioral New Keynesian Model

Xavier Gabaix, Harvard University and NBER
10:00 am
Break
10:15 am

Uncertainty Aversion and Heterogeneous Beliefs in Linear Models

Cosmin L. Ilut, Duke University and NBER
Pavel Krivenko, Baruch College, Zicklin School of Business
Martin Schneider, Stanford University and NBER
11:15 am
Break
11:30 am

Monetary Policy, Bounded Rationality, and Incomplete Markets

Emmanuel Farhi, Harvard University
Iván Werning, Massachusetts Institute of Technology and NBER
12:30 pm
Adjourn and Lunch
Friday, July 14
8:30 am
Coffee and Pastries
9:00 am

Monetary Policy with Heterogeneous Agents: Insights from TANK Models

Davide Debortoli, Universitat Pompeu Fabra
Jordi Galí, Center for Research in International Economics and NBER
10:00 am
Break
10:15 am

Macroeconomic Fluctuations with HANK and SAM: an Analytical Approach

Morten Ravn Vincent Sterk, University College London
11:15 am
Break
11:30 am

Financial Heterogeneity and the Investment Channel of Monetary Policy

Pablo Ottonello, University of Maryland, College Park and NBER
Thomas Winberry, University of Pennsylvania and NBER
12:30 pm
Adjourn and Lunch