Monday, July 15

8:30 am

Coffee and Pastries

9:00 am

Optimal Monetary Policy with Redistribution

Jennifer La'O, Columbia University and NBER
Wendy A. Morrison, Federal Reserve Bank of Minneapolis

Discussion Leader:
Paolo Martellini, NYU Stern School of Business

10:00 am

Break

10:15 am

A Sufficient Statistics Approach to Measuring Forward Looking Welfare (slides)

David Baqaee, University of California, Los Angeles and NBER
Ariel Burstein, University of California, Los Angeles and NBER
Yasutaka Koike-Mori, University of California, Los Angeles

Discussion Leader:
Ryungha Oh, Northwestern University

11:30 am

Break

11:45 am

Five Facts about the UIP Premium

Ṣebnem Kalemli-Özcan, Brown University and NBER
Liliana Varela, London School of Economics

Discussion Leader:
Charles Engel, University of Wisconsin - Madison and NBER

12:45 pm

Lunch

1:45 pm

World Financial Cycles

Yan Bai, University of Rochester and NBER
Patrick J. Kehoe, Stanford University and NBER
Pierlauro Lopez, Federal Reserve Bank of Cleveland
Fabrizio Perri, Federal Reserve Bank of Minneapolis

Discussion Leader:
Pablo Ottonello, University of Maryland and NBER

2:45 pm

Break

3:00 pm

Monetary Policy without Commitment

Hassan Afrouzi, Columbia University and NBER
Marina Halac, Yale University
Kenneth S. Rogoff, Harvard University and NBER
Pierre Yared, Columbia University and NBER

Discussion Leader:
Rishabh Kirpalani, University of Wisconsin - Madison

4:00 pm

Break

4:15 pm

Bank Runs, Fragility, and Regulation (slides)

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

Discussion Leader:
Dean Corbae, University of Wisconsin - Madison and NBER

5:30 pm

Adjourn