SI 2018 Monetary Economics

Anil K Kashyap and Joseph S. Vavra, Organizers

July 9-13, 2018


Parkview Room

Royal Sonesta Hotel, 40 Edwin H. Land Blvd., Cambridge, MA

Conference Code of Conduct

Monday, July 9
12:00 n
Lunch
1:00 pm
John Grigsby, Princeton University and NBER
Erik Hurst, University of Chicago and NBER
Ahu Yildirmaz, Automatic Data Processing

Aggregate Nominal Wage Adjustments: New Evidence from Administrative Payroll Data (slides)
1:50 pm
Jonathon Hazell, London School of Economics
Bledi Taska, SkyHive

Posted Wage Rigidity
2:40 pm
Break
3:00 pm
Carlos Carvalho, Kapitalo Investimentos and PUC-Rio
Oleksiy Kryvtsov, Bank of Canada

Price Selection
3:50 pm
Doireann Fitzgerald, Federal Reserve Bank of Minneapolis
Yaniv Yedid-Levi, Interdisciplinary Center (IDC) Herzliya
Stefanie Haller, University College Dublin

Can Sticky Quantities Explain Export Insensitivity to Exchange Rates?
4:40 pm
Celebration of Christina and David Romer's Leadership of the NBER Monetary Economics Program
5:00 pm
Adjourn
Tuesday, July 10
12:00 n
Lunch
1:00 pm
Saleem A. Bahaj, University College London
Ricardo Reis, London School of Economics

Central Bank Swap Lines
1:55 pm
Break
2:05 pm
Marek Jarociński, European Central Bank
Peter Karadi, European Central Bank

Deconstructing Monetary Policy Surprises - The Role of Information Shocks
3:00 pm
Break
3:15 pm
Francesco Bianchi, Johns Hopkins University and NBER
Martin Lettau, University of California, Berkeley and NBER
Sydney C. Ludvigson, New York University and NBER

Monetary Policy and Asset Valuation
4:10 pm
Adjourn
Wednesday, July 11
Financial Crisis@10, West Tower Ballroom
6:00 pm
Clambake at the Royal Sonesta Hotel
Thursday, July 12
12:00 n
Lunch
1:00 pm
Kairong Xiao, Columbia University and NBER

Monetary Transmission through Shadow Banks
1:50 pm
Franklin Allen, Imperial College London
Gadi Barlevy, Federal Reserve Bank of Chicago
Douglas Gale, New York University

A Theoretical Model of Leaning Against the Wind
2:40 pm
Break
3:00 pm
Michael Sockin, University of Texas at Austin
Wei Xiong, Princeton University and NBER

A Model of Cryptocurrencies
3:50 pm
Eric Budish, University of Chicago and NBER

The Economic Limits of Bitcoin and the Blockchain
4:40 pm
Adjourn
Friday, July 13
12:00 n
Lunch
1:00 pm
Elena Carletti, Bocconi University
Filippo De Marco
Vasso P. Ioannidou, City University of London
Enrico Sette, Bank of Italy

Banks as Patient Lenders: Evidence from a Tax Reform
1:55 pm
Break
2:05 pm
Jae Sim, Federal Reserve Board of Governors
Isabel Cairó Blanco, Federal Reserve Board of Governors

Income Inequality, Financial Crises and Monetary Policy
3:00 pm
Break
3:15 pm
Adam Guren, Boston University and NBER
Alisdair McKay, Federal Reserve Bank of Minneapolis
Emi Nakamura, University of California, Berkeley and NBER
Jón Steinsson, University of California, Berkeley and NBER

Housing Wealth Effects: The Long View
4:10 pm
Adjourn