SI 2022 Monetary Economics
Organized by Emi Nakamura and Jón Steinsson
July 11-15, 2022
Royal Sonesta Hotel, 40 Edwin H. Land Blvd., Cambridge, MA and zoom.us
Format: Authors present for 45 minutes with questions throughout
Monday, July 11
12:00 pm
Lunch
1:00 pm

The Long-Run Effects of Government Spending

Juan Antolin-Diaz, London Business School
Paolo Surico, London Business School
1:45 pm

Costs of Financing US Federal Debt: 1791-1933

George J. Hall, Brandeis University
Jonathan Payne, Princeton University
Thomas J. Sargent, New York University and NBER
Balint Szoke, Federal Reserve Board of Governors
2:30 pm
Break
2:45 pm

Greater Than the Sum of the Parts: Aggregate vs. Aggregated Inflation Expectations

Alexander Dietrich, University of Tübingen
Edward S. Knotek II, Federal Reserve Bank of Cleveland
Kristian O. Myrseth, University of York
Robert W. Rich, Federal Reserve Bank of Cleveland
Raphael Schoenle, Brandeis University
Michael Weber, Purdue University and NBER
3:30 pm

Who Is Afraid of Eurobonds?

Francesco Bianchi, Johns Hopkins University and NBER
Leonardo Melosi, European University Institute
Anna Rogantini Picco, European Central Bank
4:15 pm
Adjourn
Tuesday, July 12
12:00 pm
Lunch
1:00 pm

Unconventional Monetary Policy According to HANK

Eric R. Sims, University of Notre Dame and NBER
Jing Cynthia Wu, University of Illinois Urbana-Champaign and NBER
Ji Zhang, Tsinghua University
1:45 pm

Optimal Monetary Policy with Heterogeneous Agents: A Timeless Ramsey Approach

Eduardo Dávila, Yale University and NBER
Andreas J. Schaab, University of California, Berkeley and NBER
2:30 pm
Break
2:45 pm

Expectations and Credit Slumps

Antonio Falato, Federal Reserve Board of Governors
Jasmine Xiao, University of Notre Dame
3:30 pm

Corporate Discount Rates

Niels Joachim Gormsen, University of Chicago and NBER
Kilian Huber, University of Chicago and NBER
4:15 pm
Adjourn
Wednesday, July 13
8:00 am
Coffee and Pastries
Morning joint with Macro, Money and Financial Frictions and with International Finance and Macroeconomics - Program
Thursday, July 14
12:00 pm
Lunch
1:00 pm

Whatever It Takes? The Impact of Conditional Policy Promises

Alan Moreira, New York University and NBER
Valentin Haddad, University of California, Los Angeles and NBER
Tyler Muir, University of California, Los Angeles and NBER
1:45 pm

The Narrow Channel of Quantitative Easing: Evidence from YCC Down Under

David Lucca, Jane Street
Jonathan H. Wright, Johns Hopkins University and NBER
2:30 pm
Break
2:45 pm

​Liquidity Traps, Prudential Policies, and International Spillovers

Louphou Coulibaly, University of Wisconsin - Madison and NBER
Javier Bianchi, Federal Reserve Bank of Minneapolis
3:30 pm

Selection in Information Acquisition and Monetary Non-Neutrality

Hassan Afrouzi, Columbia University and NBER
Choongryul Yang, Federal Reserve Board of Governors
4:15 pm
Adjourn
Friday, July 15
12:00 pm
Lunch
1:00 pm

Inflation Strikes Back: The Return of Wage to Price Pass-Through

Mary Amiti, Federal Reserve Bank of New York
Sebastian Heise, Federal Reserve Bank of New York
Fatih Karahan, Amazon, Inc.
Ayşegül Şahin, Princeton University and NBER
1:45 pm

The Impact of Central Bank Stock Purchases: Evidence from Discontinuities in Policy Rules

Masao Fukui, Boston University and NBER
Masayuki Yagasaki, Tohoku University
2:30 pm
Break
2:45 pm

On Policy Evaluation with Aggregate Time-Series Shocks

Dmitry Arkhangelsky, CEMFI
Vasily Korovkin, Universitat Pompeu Fabra
3:30 pm

Minority Unemployment, Inflation, and Monetary Policy (slides)

Munseob Lee, University of California, San Diego
Claudia Macaluso, Federal Reserve Bank of Richmond
Felipe Schwartzman, Federal Reserve Bank of Richmond
4:15 pm
Adjourn