Monetary Economics Program Meeting

Anna Cieslak and Olivier Coibion, Organizers

November 12, 2021

on Zoom

Friday, November 12

11:00 am

Alisdair McKay, Federal Reserve Bank of Minneapolis
Christian K. Wolf, Massachusetts Institute of Technology and NBER

What Can Time-Series Regressions Tell Us About Policy Counterfactuals?

Discussant:

Christiane Baumeister, University of Notre Dame and NBER

11:45 am

Igor Makarov, London School of Economics and Political Science (LSE)
Antoinette Schoar, Massachusetts Institute of Technology and NBER

Blockchain Analysis of the Bitcoin Market

Discussant:

Hyun Song Shin, Bank for International Settlements

12:30 pm

Discussions in breakout rooms

1:00 pm

John Coglianese, Federal Reserve Board of Governors
Maria Olsson, BI Norwegian Business School
Christina Patterson, University of Chicago and NBER

Monetary Policy and the Labor Market: A Quasi-Experiment in Sweden

Discussant:

Pascal Paul, Federal Reserve Bank of San Francisco

1:45 pm

Cecilia R. Caglio, Federal Reserve Board of Governors
Matthew Darst, Federal Reserve Board of Governors
Ṣebnem Kalemli-Özcan, Brown University and NBER

Risk-Taking and Monetary Policy Transmission: Evidence from Loans to SMEs and Large Firms

Discussant:

Olivier Darmouni, HEC Paris

2:30 pm

Discussions in breakout rooms

3:00 pm

Fernando E. Alvarez, University of Chicago and NBER
Andrea Ferrara, Northwestern University
Erwan Gautier, Banque de France
Herve Le Bihan, Banque de France
Francesco Lippi, Luiss University

Empirical Investigation of a Sufficient Statistic for Monetary Shocks

Discussant:

Raphael Schoenle, Brandeis University

3:45 pm

Chengcheng Jia, Federal Reserve Bank of Cleveland
Jing Cynthia Wu, University of Illinois Urbana-Champaign and NBER

Average Inflation Targeting: Time Inconsistency and Intentional Ambiguity

Discussant:

Andrew T. Levin, Dartmouth College and NBER

4:30 pm

Discussions in breakout rooms

5:00 pm

Adjourn