SI 2017 Impulse and Propagation Mechanisms

Lawrence Christiano and Martin S. Eichenbaum, Organizers

July 10-14, 2017

Parkview Room

Royal Sonesta Hotel

Summer Institute 2017 master schedule

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, Arizona State University and NBER 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