Thursday, July 13

12:00 pm

Lunch

1:00 pm

Inflation Expectations under Finite Horizon Planning

Christopher Gust, Federal Reserve Board of Governors
Edward P. Herbst, Federal Reserve Board of Governors
David López-Salido, Federal Reserve Board of Governors

2:00 pm

Can Supply Shocks Be Inflationary with a Flat Phillips Curve? (slides)

Jean-Paul L'Huillier, Brandeis University
Gregory Phelan, Williams College

3:00 pm

Break

3:30 pm

Dynamic Identification Using System Projections on Instrumental Variables

Daniel Lewis, University College London
Karel Mertens, Federal Reserve Bank of Dallas

4:30 pm

Shadow-Rate VARs (slides)

Andrea Carriero, Queen Mary University of London
Todd Clark, Federal Reserve Bank of Cleveland
Massimiliano Marcellino, Bocconi University
Elmar Mertens, European Central Bank

5:30 pm

Adjourn

Friday, July 14

12:00 pm

Lunch

1:00 pm

Macroeconomic and Asset Pricing Effects of Supply Chain Disasters

Vladimir Smirnyagin, University of Virginia
Aleh Tsyvinski, Yale University and NBER

2:00 pm

The Transmission of Keynesian Supply Shocks (slides)

Ambrogio Cesa-Bianchi, Bank of England
Andrea Ferrero, University of Oxford

3:00 pm

Break

3:30 pm

Aggregate Uncertainty, HANK, and the ZLB (slides)

Alessandro Lin, Bank of Italy
Marcel Peruffo, European Central Bank

4:30 pm

Estimating Nonlinear Heterogeneous Agents Models with Neural Networks

Hanno Kase Leonardo Melosi, University of Warwick
Matthias Rottner, Bank for International Settlements

5:30 pm

Adjourn