|
|
|
Monday, July 11
|
|
9:00 am
|
Coffee and Pastries
|
|
9:30 am
|
Gazing at r-star: A Hysteresis Perspective
Paul Beaudry, University of British Columbia and NBER
Katya Kartashova, Bank of Canada
Cesaire Meh, World Bank Group
|
|
10:15 am
|
Why Aging Induces Deflation and Secular Stagnation
Anton Braun, National Graduate Institute for Policy Studies (GRIPS)
Daisuke Ikeda, Bank of Japan
|
|
11:00 am
|
Break
|
|
11:15 am
|
FTPL Redux
George-Marios Angeletos, Northwestern University and NBER
Chen Lian, University of California, Berkeley and NBER
Christian Wolf, Massachusetts Institute of Technology and NBER
|
|
12:00 pm
|
Monetary Policy Trade-offs at the Zero Lower Bound
Stefano Eusepi, Brown University
Christopher Gibbs, The University of Sydney
Bruce Preston, University of New South Wales
|
|
12:45 pm
|
Lunch
|
|
Tuesday, July 12
|
|
8:30 am
|
Coffee and Pastries
|
|
9:00 am
|
Expectations and the Rate of Inflation
(slides)
Iván Werning, Massachusetts Institute of Technology and NBER
|
|
9:45 am
|
Simple Models and Biased Forecasts
Pooya Molavi, Northwestern University
|
|
10:30 am
|
Break
|
|
10:45 am
|
A Monetary-Fiscal Theory of Sudden Inflations
(slides)
David S. Miller, Federal Reserve Board of Governors
Marco Bassetto, Federal Reserve Bank of Minneapolis
|
|
11:30 am
|
The Effects of Monetary Policy: Theory with Measured Expectations
Christopher Roth, University of Cologne
Mirko Wiederholt, Ludwig Maximilian University of Munich
Johannes Wohlfart, University of Cologne
|
|
12:15 pm
|
Lunch
|
|
Wednesday, July 13
|
|
8:30 am
|
Coffee and Pastries
|
|
9:00 am
|
Micro MPCs and Macro Counterfactuals: The Case of the 2008 Rebates
(slides)
Jacob Orchard, Federal Reserve Board of Governors
Valerie A. Ramey, Stanford University and NBER
Johannes Wieland, University of California, San Diego and NBER
|
|
9:45 am
|
Monetary Policy and the Labor Market: A Quasi-Experiment in Sweden
John Coglianese, Federal Reserve Board of Governors
Maria Olsson, BI Norwegian Business School
Christina Patterson, University of Chicago and NBER
|
|
10:30 am
|
Break
|
|
10:45 am
|
A Temporary VAT Cut as Unconventional Fiscal Policy
Ruediger Bachmann, University of Notre Dame
Benjamin Born, Frankfurt School of Finance and Management
Olga Goldfayn-Frank, Deutsche Bundesbank
Georgi Kocharkov, Deutsche Bundesbank
Ralph Luetticke, University of Tübingen
Michael Weber, University of Chicago and NBER
|
|
11:30 am
|
Short-Term Tax Cuts, Long-Term Stimulus
(slides)
James Cloyne, University of California, Davis and NBER
Joseba Martinez, London Business School
Haroon Mumtaz, Queen Mary, University of London
Paolo Surico, London Business School
|
|
12:15 pm
|
Lunch
|
|
Thursday, July 14
|
|
8:30 am
|
Coffee and Pastries
|
|
9:00 am
|
Economic Winners Versus Losers and the Unequal Pandemic Recession
Mark Gertler, New York University and NBER
Fernando Cirelli, Columbia University
|
|
9:45 am
|
Tail Risk in Production Networks
Ian Dew-Becker, Federal Reserve Bank of Chicago
|
|
10:30 am
|
Break
|
|
10:45 am
|
More Than Words: Fed Chairs' Communication During Congressional Testimonies
Michelle Alexopoulos, University of Toronto
Xinfen Han, Bank of Canada
Oleksiy Kryvtsov, Bank of Canada
Xu Zhang, Bank of Canada
|
|
11:30 am
|
Procyclical Productivity in New Keynesian Models
(slides)
Zhesheng Qiu, Hong Kong University of Science and Technology (HKUST)
José-Víctor Ríos-Rull, University of Pennsylvania and NBER
|
|
12:15 pm
|
Lunch
|
|
Friday, July 15
|
|
8:30 am
|
Coffee and Pastries
|
|
9:00 am
|
The Flight to Safety and International Risk Sharing
Rohan Kekre, University of Chicago and NBER
Moritz Lenel, Princeton University and NBER
|
|
9:45 am
|
Managing Monetary Tradeoffs in Vulnerable Open Economies
Tobias Adrian, International Monetary Fund
Christopher Erceg, International Monetary Fund
Marcin Kolasa, International Monetary Fund
Jesper Lindé, Sveriges Riksbank
Pawel Zabczyk, International Monetary Fund
|
|
10:30 am
|
Break
|
|
10:45 am
|
The Importance of Job Loss Risk for Individual Savings
(slides)
Ragnar Juelsrud, Norges Bank
Ella Wold, BI Norwegian Business School
|
|
11:30 am
|
Idiosyncratic Income Risk and Aggregate Fluctuations
Davide Debortoli, Universitat Pompeu Fabra
Jordi Galí, Center for Research in International Economics and NBER
|
|
12:15 pm
|
Lunch
|