Workshop on Methods and Applications for Dynamic Stochastic General Equilibrium Models

Luigi Bocola, Christian K. Wolf, Frank Schorfheide, and Keith Sill, Organizers

October 13-14, 2023

Hosted by Federal Reserve Bank of Philadelphia. The workshop also serves as a mid-year meeting of the NBER EFSF Workgroup on Methods and Applications for DSGE Models.

Conference Code of Conduct

Friday, October 13
8:30 am
Registration and Continental Breakfast
9:00 am
Diego A. Comin, Dartmouth College and NBER
Robert C. Johnson, University of Notre Dame and NBER
Callum J. Jones, Federal Reserve Board

Supply-chain Constraints and Inflation (slides)
Discussant: S. Borağan Aruoba, University of Maryland and NBER
10:00 am
Coffee Break
10:30 am
Felipe Del Canto, Columbia University
John R. Grigsby, Princeton University and NBER
Eric Qian, Princeton University
Conor Walsh, Columbia University

Are Inflationary Shocks Regressive? A Feasible Set Approach
Discussant: Alisdair McKay, Federal Reserve Bank of Minneapolis
11:30 am
Iván Werning, Massachusetts Institute of Technology and NBER

Expectations and the Rate of Inflation
Discussant: Fernando E. Alvarez, University of Chicago and NBER
12:30 pm
Lunch
2:00 pm
Tom D. Holden, Deutsche Bundesbank

Robust Real Rate Rules
Discussant: Francesco Bianchi, Johns Hopkins University and NBER
3:00 pm
Coffee Break
3:30 pm
Hassan Afrouzi, Columbia University and NBER
Saroj Bhattarai, University of Texas at Austin

Inflation and GDP Dynamics in Production Networks: A Sufficient Statistics Approach
Discussant: Mishel Ghassibe, CREi
4:30 pm
Xiwen Bai, Tsinghua University
Jesús Fernández-Villaverde, University of Pennsylvania and NBER
Yiliang Li, University of International Business and Economics
Francesco Zanetti, University of Oxford

The Causal Effects of Global Supply Chain Disruptions on Macroeconomic Outcomes: Evidence and Theory
Discussant: Julian di Giovanni, Federal Reserve Bank of New York
5:30 pm
Adjourn
Saturday, October 14
8:30 am
Continental Breakfast
9:00 am
Joel P. Flynn, Yale University
George Nikolakoudis, Princeton University
Karthik Sastry, Princeton University and NBER

A Theory of Supply Function Choice and Aggregate Supply
Discussant: Gideon Bornstein, University of Pennsylvania
10:00 am
Coffee Break
10:30 am
Carolin Pflueger, University of Chicago and NBER

Back to the 1980s or Not? The Drivers of Inflation and Real Risks in Treasury Bonds
Discussant: Dongho Song, Johns Hopkins University
11:30 am
Klaus Adam, University of Mannheim
Andrey Alexandrov, Princeton University
Henning Weber, Deutsche Bundesbank

Inflation Distorts Relative Prices: Theory and Evidence
Discussant: Raphael Schoenle, Brandeis University
12:30 pm
Boxed Lunch / Departure