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SI 2020 Monetary Economics
Organized by Emi Nakamura and Jón Steinsson
July 6-10, 2020
on Zoom.us
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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, Inc.
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 California, Berkeley 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, International Monetary Fund and NBER
Walker D. Ray, Federal Reserve Bank of Chicago
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, European University Institute
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, Georgetown 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, European University Institute
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
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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