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	Micro Jumps, Macro Humps: Monetary Policy and Business Cycles in an Estimated HANK Model
2:00 pm	Break
2:30 pm	Unbundling of Quantitative Easing: Taking a Cue from Treasury Auctions (slides)
3:30 pm	Firm Debt Covenants and the Macroeconomy: The Interest Coverage Channel (slides)
4:30 pm	Adjourn
Tuesday, July 9
8:30 am	Coffee and Pastries
	Tuesday in University BC Room
9:00 am	Entry Costs and the Macroeconomy
10:00 am	Break
10:15 am	Productivity and Misallocation in General Equilibrium
11:15 am	Break
11:30 am	Firm Wages in a Frictional Labor Market
12:30 pm	Adjourn and Lunch
Wednesday, July 10
8:30 am	Coffee and Pastries
	Wednesday in University BC Room
9:00 am	Noisy Memory and Over-Reaction to News
10:00 am	Break
10:15 am	Short-Term Planning, Monetary Policy, and Macroeconomic Persistence (slides)
11:15 am	Break
11:30 am	Business Cycle Anatomy (slides)
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	A Risk-centric Model of Demand Recessions and Macroprudential Policy
10:00 am	Break
10:15 am Parkview room	Monetary Independence and Rollover Crises (slides)
11:15 am	Break
11:30 am Parkview room	The Channels of Financial Distress During the Great Recession: Some Evidence on the Aggregate Effects
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	Do Managerial Forecasting Biases Matter?
10:00 am	Break
10:15 am Parkview room	A Theory of Housing Demand Shocks
11:15 am	Break
11:30 am Parkview room	The Optimal Inflation Target and the Natural Rate of Interest
12:30 pm	Adjourn and Lunch