Economic Fluctuations and Growth Program Meeting

David Lagakos and Martin Schneider, Organizers

March 1, 2019

Federal Reserve Bank of San Francisco, Yellen Conference Center, First Floor, 101 Market Street, San Francisco, CA

Conference Code of Conduct

Friday, March 1
The meeting format for each paper will be a 15-minute presentation by the author, followed by one 20-minute discussion, and then another 25 minutes of general audience discussion.
8:30 am
Continental Breakfast
9:00 am
Fernando E. Alvarez, University of Chicago and NBER
Francesco Lippi, LUISS Guido Carli University

The Analytic Theory of a Monetary Shock
Discussant: Benjamin Moll, London School of Economics
10:00 am
Break
10:15 am
Joel David, Federal Reserve Bank of Chicago
Venky Venkateswaran, New York University and NBER

The Sources of Capital Misallocation
Discussant: Ruediger Bachmann, University of Notre Dame
11:15 am
Break
11:30 am
Tarek Alexander Hassan, Boston University and NBER
Stephan Hollander, Tilburg University
Laurence van Lent, Frankfurt School of Finance and Management
Ahmed Tahoun, London Business School

Firm-Level Political Risk: Measurement and Effects (slides)
Discussant: Steven J. Davis, Stanford University and NBER
12:30 pm
Lunch - Market Street Dining Room
1:30 pm
Paolo Martellini, NYU Stern School of Business
Guido Menzio, New York University and NBER

Declining Search Frictions, Unemployment and Growth (slides)
Discussant: Richard Rogerson, Princeton University and NBER
2:30 pm
Break
2:45 pm
Juan Morelli, Federal Reserve Board
Pablo Ottonello, University of Maryland and NBER
Diego Perez, New York University and NBER

Global Banks and Systemic Debt Crises
Discussant: Cristina Arellano, Federal Reserve Bank of Minneapolis
3:45 pm
Break
4:00 pm
Pedro Bordalo, University of Oxford
Nicola Gennaioli, Bocconi University
Yueran Ma, University of Chicago and NBER
Andrei Shleifer, Harvard University and NBER

Over-Reaction in Macroeconomic Expectations
Discussant: George-Marios Angeletos, Northwestern University and NBER
5:00 pm
Adjourn
5:15 pm
Reception & Dinner - Market Street Dining Room