SI 2019 Impulse and Propagation Mechanisms
Lawrence Christiano and Martin S. Eichenbaum, Organizers
July 8-12, 2019
University Room
Royal Sonesta Hotel, Edwin H. Land Blvd., Cambridge, MA
Monday, July 8 | ||
12:00 pm | Lunch | |
Joint session with ME in Charles Room | ||
1:00 pm |
Adrien Auclert, Stanford University and NBER Matthew Rognlie, Northwestern University and NBER Ludwig Straub, Harvard University and NBER Micro Jumps, Macro Humps: Monetary Policy and Business Cycles in an Estimated HANK Model |
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2:00 pm | Break | |
2:30 pm |
Yuriy Gorodnichenko, University of California, Berkeley and NBER Walker Ray, London School of Economics Unbundling of Quantitative Easing: Taking a Cue from Treasury Auctions |
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3:30 pm |
Daniel Greenwald, New York University and NBER Firm Debt Covenants and the Macroeconomy: The Interest Coverage Channel |
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4:30 pm | Adjourn | |
Tuesday, July 9 | ||
8:30 am | Coffee and Pastries | |
Tuesday in University BC Room | ||
9:00 am |
Germán Gutiérrez, University of Washington Thomas Philippon, New York University and NBER Callum J. Jones, Federal Reserve Board of Governors Entry Costs and the Macroeconomy |
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10:00 am | Break | |
10:15 am |
David R. Baqaee, University of California, Los Angeles and NBER Emmanuel Farhi, Harvard University Productivity and Misallocation in General Equilibrium |
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11:15 am | Break | |
11:30 am |
Leena Rudanko, Federal Reserve Bank of Philadelphia Firm Wages in a Frictional Labor Market |
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12:30 pm | Adjourn and Lunch | |
Wednesday, July 10 | ||
8:30 am | Coffee and Pastries | |
Wednesday in University BC Room | ||
9:00 am |
Michael Woodford, Columbia University and NBER Rava Azeredo da Silveira, Ecole Normale Superieure Yeji Sung, Federal Reserve Bank of San Francisco Noisy Memory and Over-Reaction to News |
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10:00 am | Break | |
10:15 am |
Christopher Gust, Federal Reserve Board of Governors Edward P. Herbst, Federal Reserve Board of Governors David López-Salido, Federal Reserve Board of Governors Short-Term Planning, Monetary Policy, and Macroeconomic Persistence |
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11:15 am | Break | |
11:30 am |
George-Marios Angeletos, Northwestern University and NBER Fabrice Collard, Toulouse School of Economics Harris Dellas, University of Bern Business Cycle Anatomy |
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12:30 pm | Adjourn and Lunch | |
6:00 pm | Clambake at the Royal Sonesta Hotel | |
Thursday, July 11 | ||
8:30 am | Coffee and Pastries | |
Thursday meeting in Parkview Room | ||
9:00 am
Parkview room
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Ricardo J. Caballero, Massachusetts Institute of Technology and NBER Alp Simsek, Yale University and NBER A Risk-centric Model of Demand Recessions and Macroprudential Policy |
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10:00 am | Break | |
10:15 am
Parkview room
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Javier Bianchi, Federal Reserve Bank of Minneapolis Jorge Mondragon, University of Minnesota Monetary Independence and Rollover Crises |
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11:15 am | Break | |
11:30 am
Parkview room
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Mark Gertler, New York University and NBER Simon Gilchrist, New York University and NBER The Channels of Financial Distress During the Great Recession: Some Evidence on the Aggregate Effects |
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12:30 pm | Adjourn and Lunch | |
Friday, July 12 | ||
8:30 am | Coffee and Pastries | |
Friday meeting in Parkview Room | ||
9:00 am
Parkview room
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Yueran Ma, University of Chicago and NBER Tiziano Ropele, Bank of Italy David Sraer, University of California, Berkeley and NBER David Thesmar, Massachusetts Institute of Technology and NBER Do Managerial Forecasting Biases Matter? |
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10:00 am | Break | |
10:15 am
Parkview room
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Zheng Liu, Federal Reserve Bank of San Francisco Pengfei Wang, Peking University Tao Zha, Emory University and NBER A Theory of Housing Demand Shocks |
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11:15 am | Break | |
11:30 am
Parkview room
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Philippe Andrade, Federal Reserve Bank of Boston Jordi Galí, Center for Research in Economics and Statistics and NBER Herve Le Bihan, Banque de France Julien Matheron, Banque de France The Optimal Inflation Target and the Natural Rate of Interest |
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12:30 pm | Adjourn and Lunch |