Monday, July 12
1:30 pm

Monetary Policy and Racial Inequality (slides)

Alina K. Bartscher, Danmarks Nationalbank
Moritz Kuhn, University of Mannheim
Moritz Schularick, Kiel Institute for the World Economy & Sciences Po
Paul Wachtel, New York University
2:15 pm

Monetary Policy and Inequality

Asger L. Andersen, University of Copenhagen
Niels Johannesen, University of Oxford
Mia R H. Jørgensen, University of Copenhagen
Jose-Luis Peydro, Universitat Pompeu Fabra
3:00 pm
Break
3:15 pm

Mortgage Prepayment, Race, and Monetary Policy

Kristopher Gerardi, Federal Reserve Bank of Atlanta
Paul S. Willen, Federal Reserve Bank of Boston and NBER
David Hao Zhang, Rice University
4:00 pm

How Unconventional is Green Monetary Policy? (slides)

Melina Papoutsi, European Central Bank
Monika Piazzesi, Stanford University and NBER
Martin Schneider, Stanford University and NBER
4:45 pm
Adjourn and Social Hour on Wonder
Tuesday, July 13
1:30 pm

Anchored Inflation Expectations and the Slope of the Phillips Curve (slides)

Peter Lihn Jorgensen, Copenhagen Business School
Kevin J. Lansing, Federal Reserve Bank of San Francisco
2:15 pm

Partisanship and Fiscal Policy in Economic Unions: Evidence from U.S. States

Gerald Carlino, Federal Reserve Bank of Philadelphia
Thorsten Drautzburg, Federal Reserve Bank of Philadelphia
Robert P. Inman, University of Pennsylvania and NBER
Nicholas Zarra, New York University
3:00 pm
Break
3:15 pm

Learning by Necessity: Government Demand, Capacity Constraints, and Productivity Growth (slides)

Ethan Ilzetzki, London School of Economics
4:00 pm

A Goldilocks Theory of Fiscal Deficits

Atif R. Mian, Princeton University and NBER
Ludwig Straub, Harvard University and NBER
Amir Sufi, University of Chicago and NBER
4:45 pm
Adjourn and Social Hour on Wonder
Wednesday, July 14
Joint Session ME/MEFM/IFM
11:30 am

Industrial Monetary Policy (slides)

Emmanuel Farhi, Harvard University
Jean Tirole, Toulouse School of Economics

Discussant:
Arvind Krishnamurthy, Stanford University and NBER
12:20 pm
Break
12:30 pm

Bank Liquidity Provision Across the Firm Size Distribution

Gabriel Chodorow-Reich, Harvard University and NBER
Olivier Darmouni, Columbia University
Stephan Luck, Federal Reserve Bank of New York
Matthew C. Plosser, Federal Reserve Bank of New York

Discussant:
Yueran Ma, University of Chicago and NBER
1:20 pm
Break
1:30 pm

Bank Runs, Fragility, and Credit Easing

Manuel Amador, University of Minnesota and NBER
Javier Bianchi, Federal Reserve Bank of Minneapolis

Discussant:
Todd Keister, Rutgers University
2:20 pm
Adjourn
Thursday, July 15
1:30 pm

Interest, Reserves and Prices

Pierpaolo Benigno, University of Bern
Gianluca Benigno, Federal Reserve Bank of New York
2:15 pm

The Global Transmission of U.S. Monetary Policy

Riccardo Degasperi, Bank of Italy
Seokki S. Hong, University of Warwick
Giovanni Ricco, University of Warwick
3:00 pm
Break
3:15 pm

Let's Face It: Quantifying the Impact of Nonverbal Communication in FOMC Press Conferences

Filippo Curti, Federal Reserve Bank of Richmond
Sophia Kazinnik, Stanford University
4:00 pm

The Voice of Monetary Policy (slides)

Yuriy Gorodnichenko, University of California, Berkeley and NBER
Tho Pham, University of Reading
Oleksandr Talavera, University of Birmingham
4:45 pm
Adjourn and Social Hour on Wonder
Friday, July 16
1:30 pm

The Treasury Market in Spring 2020 and the Response of the Federal Reserve

Annette Vissing-Jorgensen, Federal Reserve Board of Governors and NBER
2:15 pm

(Why) Do Central Banks Care About their Profits?

Igor Goncharov, Lancaster University
Vasso P. Ioannidou, City University of London
Martin C. Schmalz, University of Oxford
3:00 pm
Break
3:15 pm

Bond Market Stimulus: Firm-Level Evidence from 2020-21

Olivier Darmouni, Columbia University
Kerry Y. Siani, Massachusetts Institute of Technology
4:00 pm

The Credit Line Channel

Daniel Greenwald, New York University and NBER
John Krainer, Federal Reserve Board of Governors
Pascal Paul, Federal Reserve Bank of San Francisco
4:45 pm
Adjourn and Social Hour on Wonder