SI 2014 Monetary Economics Workshop

Christina D. Romer and David H. Romer, Organizers

July 7-11, 2014

Royal Sonesta Hotel

Conference Code of Conduct

9:00am
Markus Behn, Bonn University
Rainer Haselmann, Goethe University Frankfurt and SAFE
Vikrant Vig, Stanford University and NBER

The Limits of Model Based Regulation
4pm
John H. Cochrane, Stanford University and NBER

The New-Keynesian Liquidity Trap
Tuesday, July 8
3:00pm
Anton Korinek, University of Virginia and NBER
Alp Simsek, Yale University and NBER

Liquidity Trap and Excessive Leverage
4:15pm
Matthew Baron, Cornell University
Wei Xiong, Princeton University and NBER

Credit Expansion and Neglected Crash Risk
4:30pm
Anna Cieslak, Duke University and NBER
Adair Morse, University of California, Berkeley and NBER
Annette Vissing-Jorgensen, Federal Reserve Board of Governors and NBER

Stock Returns over the FOMC Cycle
Wednesday, July 9
11
Tao Wu, International Monetary Fund

Unconventional Monetary Policy and Long-Term Interest Rates
12
Olivier Coibion, University of Texas at Austin and NBER
Yuriy Gorodnichenko, University of California, Berkeley and NBER
Marianna Kudlyak, Federal Reserve Bank of San Francisco
John A. Mondragon, Federal Reserve Bank of San Francisco

Does Greater Inequality Lead to More Household Borrowing? New Evidence from Household Data
Thursday, July 10
5
Stephen Eliot. Hansen, University College London
Michael McMahon, University of Oxford
Andrea Prat, Columbia University and NBER

Transparency and Deliberation within the FOMC: a Computational Linguistics Approach
9
Matthew Baron, Cornell University
Wei Xiong, Princeton University and NBER

Credit Expansion and Financial Instability: Evidence from Stock Prices
10
Marco Di Maggio, Imperial College Business School
Amir Kermani, University of California, Berkeley and NBER

Credit-Induced Boom and Bust
Friday, July 11
1
Johannes F. Wieland, University of California, San Diego and NBER
Mu-Jeung Yang, University of Oklahoma

Financial Dampening
2
Jing Cynthia Wu, University of Illinois Urbana-Champaign and NBER
Fan Dora Xia, Bank for International Settlements

Measuring the Macroeconomic Impact of Monetary Policy at the Zero Lower Bound
3
Stephen Eliot. Hansen, University College London
Michael McMahon, University of Oxford
Andrea Prat, Columbia University and NBER

Transparency And Communication Within The FOMC: A Computational Linguistics Approach
4
Haelim M. Park, Bank Policy Institute
Patrick Van Horn, Scripps College

Did the Reserve Requirement Increases of 1936-1937 Reduce Bank Lending? Evidence from a Natural Experiment
9:00am
Markus Behn, Bonn University
Rainer Haselmann, Goethe University Frankfurt and SAFE
Vikrant Vig, Stanford University and NBER

The Limits of Model-Based Regulation
2pm
John H. Cochrane, Stanford University and NBER

The New Keynesian Liquidity Trap
1:00pm
Haelim M. Park, Bank Policy Institute
Patrick Van Horn, Scripps College

Did the Reserve Requirement Increments of 1936-1937 Reduce Bank Lending? Evidence from a Natural Experiment