SI 2017 Impulse and Propagation Mechanisms

Lawrence Christiano and Martin S. Eichenbaum, Organizers

July 10-14, 2017

Parkview Room

Royal Sonesta Hotel

Conference Code of Conduct

Monday, July 10
8:30 am
Coffee and Pastries
9:00 am
Michael Gelman, Claremont McKenna College
Yuriy Gorodnichenko, University of California, Berkeley and NBER
Shachar Kariv, University of California at Berkeley
Dmitri K. Koustas, University of Chicago
Matthew D. Shapiro, University of Michigan and NBER
Dan Silverman, Amazon, Inc.
Steven Tadelis, University of California, Berkeley and NBER

The Response of Consumer Spending to Changes in Gasoline Prices
10:00 am
Break
10:15 am
Deepa Dhume Datta, Federal Reserve Board
Ben Johannsen, Federal Reserve Board
Hannah Kwon, Federal Reserve Board of Governors
Robert Vigfusson, Amazon

Oil, Equities, and the Zero Lower Bound
11:15 am
Break
11:30 am
Òscar Jordà, Federal Reserve Bank of San Francisco
Moritz Schularick, Kiel Institute for the World Economy & Sciences Po
Alan M. Taylor, Columbia University and NBER

Large and State-Dependent Effects of Quasi-Random Monetary Experiments
12:30 pm
Adjourn and Lunch
Tuesday, July 11
8:30 am
Coffee and Pastries
9:00 am
Mark Gertler, New York University and NBER
Nobuhiro Kiyotaki, Princeton University and NBER
Andrea Prestipino, Federal Reserve Board

Macroeconomic Model with Financial Panics
10:00 am
Break
10:15 am
Gadi Barlevy, Federal Reserve Bank of Chicago
Douglas Gale, New York University
Franklin Allen, Imperial College London

On Interest Rate Policy and Asset Bubbles
11:15 am
Break
11:30 am
Alejandro Justiniano, Federal Reserve Bank of Chicago
Giorgio Primiceri, Northwestern University and NBER
Andrea Tambalotti, Amazon

The Mortgage Rate Conundrum
12:30 pm
Adjourn and Lunch
Wednesday, July 12
8:30 am
Coffee and Pastries
9:00 am
George-Marios Angeletos, Northwestern University and NBER
Chen Lian, University of California, Berkeley and NBER

Forward Guidance without Common Knowledge
10:00 am
Break
10:15 am
Adrien Auclert, Stanford University and NBER
Will S. Dobbie, Harvard University and NBER
Paul Goldsmith-Pinkham, Yale University and NBER

Macroeconomic Effects of Debt Relief: Consumer Bankruptcy Protections in the Great Recession
11:15 am
Break
11:30 am
Robert E. Hall, Stanford University and NBER
Ricardo Reis, London School of Economics

Achieving Price Stability by Manipulating the Central Bank's Payment on Reserves
12:30 pm
Adjourn and Lunch
6:00 pm
Clambake at the Royal Sonesta Hotel (Ballroom B/ West Tower)
Thursday, July 13
8:30 am
Coffee and Pastries
9:00 am
Xavier Gabaix, Harvard University and NBER

A Behavioral New Keynesian Model
10:00 am
Break
10:15 am
Cosmin L. Ilut, Duke University and NBER
Pavel Krivenko, Baruch College, Zicklin School of Business
Martin Schneider, Stanford University and NBER

Uncertainty Aversion and Heterogeneous Beliefs in Linear Models
11:15 am
Break
11:30 am
Emmanuel Farhi, Harvard University
Iván Werning, Massachusetts Institute of Technology and NBER

Monetary Policy, Bounded Rationality, and Incomplete Markets
12:30 pm
Adjourn and Lunch
Friday, July 14
8:30 am
Coffee and Pastries
9:00 am
Davide Debortoli, Universitat Pompeu Fabra
Jordi Galí, CREI and NBER

Monetary Policy with Heterogeneous Agents: Insights from TANK Models
10:00 am
Break
10:15 am
Morten Ravn
Vincent Sterk, University College London

Macroeconomic Fluctuations with HANK and SAM: an Analytical Approach
11:15 am
Break
11:30 am
Pablo Ottonello, University of Maryland and NBER
Thomas Winberry, University of Pennsylvania and NBER

Financial Heterogeneity and the Investment Channel of Monetary Policy
12:30 pm
Adjourn and Lunch