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Monday, July 6
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Format: 35 minute presentations including a 5 minute pit stop for questions. Then 10 minutes for Q&A. Participants write questions into chat box. Session chairs call on people to ask their question.
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1:30 pm
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Central Banking with Many Voices: The Communications Arms Race
Annette Vissing-Jorgensen, Federal Reserve Board of Governors and NBER
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2:15 pm
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Common Shocks in Stocks and Bonds
Anna Cieslak, Duke University and NBER
Hao Pang, University of Texas at Dallas
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3:00 pm
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Break
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3:15 pm
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Redeemable Platform Currency
(slides)
Yang You, The University of Hong Kong (HKU)
Kenneth S. Rogoff, Harvard University and NBER
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4:00 pm
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A Finance-Integrated New Keynesian Model
(slides)
Carolin Pflueger, University of Chicago and NBER
Gianluca Rinaldi, Harvard University
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4:45 pm
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Adjourn and Happy Hour
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Tuesday, July 7
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1:30 pm
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Indebted Demand
Atif R. Mian, Princeton University and NBER
Ludwig Straub, Harvard University and NBER
Amir Sufi, University of Chicago and NBER
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2:15 pm
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The Real Effects of Monetary Shocks: Evidence from Micro Pricing Moments
Gee Hee Hong, International Monetary Fund
Matthew T. Klepacz, Federal Reserve Board of Governors
Ernesto Pastén, Central Bank of Chile
Raphael Schoenle, Brandeis University
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3:00 pm
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Break
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3:15 pm
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The Missing Inflation Puzzle: The Role of the Wage-Price Pass-Through
(slides)
Sebastian Heise, Federal Reserve Bank of New York
Fatih Karahan, Amazon
Ayşegül Şahin, Princeton University and NBER
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4:00 pm
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Convex Supply Curves
(slides)
Christoph Boehm, University of Texas at Austin and NBER
Nitya Pandalai-Nayar, University of Texas at Austin and NBER
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4:45 pm
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Adjourn and Happy Hour
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Wednesday, July 8
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Joint session with IFM and MEFM
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11:00 am
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The Dollar and the Global Price of Risk
Rohan Kekre, University of Chicago and NBER
Moritz Lenel, Princeton University and NBER
Discussant:
Luigi Bocola, Stanford University and NBER
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11:50 am
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Exchange Rates and Asset Prices in a Global Demand System
(slides)
Ralph S. J. Koijen, University of Chicago and NBER
Motohiro Yogo, Princeton University and NBER
Discussant:
Jesse Schreger, Columbia University and NBER
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12:40 pm
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A Preferred-Habitat Model of Term Premia and Currency Risk
(slides)
Pierre-Olivier Gourinchas, University of California, Berkeley and NBER
Walker D. Ray, London School of Economics and Political Science (LSE)
Dimitri Vayanos, London School of Economics and Political Science (LSE) and NBER
Discussant:
Xavier Gabaix, Harvard University and NBER
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2:00 pm
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COVID-19 Policy Panel: US, Europe and Rest of the World Chair: Pierre-Olivier Gourinchas, University of California at Berkeley and NBER Benoit Coeure, Bank for International Settlements ( slides) Nellie Liang, Brookings Institution ( slides) Raghuram Rajan, University of Chicago and NBER ( slides) |
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3:00 pm
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Adjourn
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Thursday, July 9
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1:30 pm
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Hitting the Elusive Inflation Target
(slides)
Francesco Bianchi, Johns Hopkins University and NBER
Leonardo Melosi, University of Warwick
Matthias Rottner, Bank for International Settlements
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2:15 pm
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The Transmission of Monetary Policy under the Microscope
(slides)
Martin Blomhoff Holm, University of Oslo
Pascal Paul, Federal Reserve Bank of San Francisco
Andreas Tischbirek, Federal Reserve Board of Governors
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3:00 pm
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Break
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3:15 pm
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Banking Crises without Panics
(slides)
Matthew Baron, Cornell University
Emil Verner, Massachusetts Institute of Technology and NBER
Wei Xiong, Princeton University and NBER
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4:00 pm
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The Elusive Gains from Nationally-Oriented Monetary Policy
Martin Bodenstein, Fedral Reserve Board
Giancarlo Corsetti, University of Cambridge
Luca Guerrieri, Federal Reserve Board of Governors
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4:45 pm
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Adjourn and Happy Hour
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Friday, July 10
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1:30 pm
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Decomposing the Fiscal Multiplier
(slides)
James Cloyne, University of California, Davis and NBER
Òscar Jordà, Federal Reserve Bank of San Francisco
Alan M. Taylor, Columbia University and NBER
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2:15 pm
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Optimal Policy Perturbations
(slides)
Regis Barnichon, Federal Reserve Bank of San Francisco
Geert Mesters, Universitat Pompeu Fabra
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3:00 pm
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Break
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3:15 pm
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Aggregation in Heterogeneous-Firm Models: Theory and Measurement
(slides)
Christian Wolf, Massachusetts Institute of Technology and NBER
Yann Koby, Brown University
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4:00 pm
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Demographics, Wealth and Global Imbalances in the Twenty-First Century
(slides)
Adrien Auclert, Stanford University and NBER
Hannes Malmberg, University of Minnesota-Madison
Frederic Martenet, Stanford University
Matthew Rognlie, Northwestern University and NBER
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4:45 pm
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Adjourn and Happy Hour
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