SI 2017 Macro, Money and Financial Frictions

Markus K. Brunnermeier, Arvind Krishnamurthy, and Guillermo Ordoñez, Organizers

July 12-13, 2017

Ballroom

Royal Sonesta Hotel

Conference Code of Conduct

Wednesday, July 12
8:00 am
Coffee and Pastries
Morning joint with International Finance and Macroeconomics
Leverage and Crises
8:30 am
Stefan Avdjiev, Bank for International Settlements
Wenxin Du, Columbia University and NBER
Catherine Koch, Swiss National Bank
Hyun Song Shin, Bank for International Settlements

The Dollar, Bank Leverage and the Deviation from Covered Interest Parity
Discussant: Hanno Lustig, Stanford University and NBER
9:30 am
Break
9:30 am
Luigi Bocola, Stanford University and NBER
Guido Lorenzoni, University of Chicago and NBER

Financial Crises and Lending of Last Resort in Open Economies
Discussant: Pierre-Olivier Gourinchas, University of California, Berkeley and NBER
10:45 am
Break
11:00 am
Lin William Cong, Cornell University and NBER
Jacopo Ponticelli, Northwestern University and NBER

Credit Allocation under Economic Stimulus: Evidence from China
Discussant: Tao Zha, Emory University and NBER
12:00 noon
Lunch
Afternoon joint with Monetary Economics
2:30 pm
Nina Boyarchenko, Federal Reserve Bank of New York
Valentin Haddad, University of California, Los Angeles and NBER
Matthew C. Plosser, Federal Reserve Bank of New York

The Federal Reserve and Market Confidence
Discussant: Anna Cieslak, Duke University and NBER
3:30 pm
Marcin Kacperczyk, Imperial College London
Christophe Perignon, HEC Paris
Guillaume Vuillemey, HEC Paris

The Private Production of Safe Assets
Discussant: Alexi Savov, New York University and NBER
4:30 pm
Adjourn
6:00 pm
Clambake at the Royal Sonesta Hotel (Ballroom B/ West Tower)
Thursday, July 13
8:00 am
Coffee and Pastries
Morning joint with Asset Pricing
8:30 am
Efraim Benmelech, Northwestern University and NBER
Nittai Bergman, Tel Aviv University

Debt, Information, and Illiquidity
Discussant: Pierre Collin-Dufresne, École Polytechnique Fédérale de Lausanne
9:30 am
Nicolae B. Gârleanu, Washington University in St. Louis and NBER
Stavros Panageas, University of California, Los Angeles and NBER

Finance in a time of Disruptive Growth
Discussant: Francisco J. Buera, Washington University in St. Louis and NBER
10:30 am
Break
11:00 am
Marco Bassetto, Federal Reserve Bank of Minneapolis
Carlo Galli, Universidad Carlos III de Madrid

Is Inflation Default? The Role of Information in Debt Crises.
Discussant: Christopher A. Sims, Princeton University
12:00 noon
Adjourn and Lunch