SI 2019 Macroeconomics Within and Across Borders

Mark A. Aguiar, Patrick J. Kehoe, and Mark L.J. Wright, Organizers

July 15, 2019

Skyline Rooms

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

Conference Code of Conduct

Monday, July 15
8:30 am
Coffee and Pastries
9:00 am
Juan Morelli, Federal Reserve Board
Pablo Ottonello, University of Maryland and NBER
Diego Perez, New York University and NBER

Global Banks and Systemic Debt Crises
Discussant: Alessandro Dovis, University of Pennsylvania and NBER
10:00 am
Break
10:15 am
Anmol Bhandari, University of Minnesota and NBER
David Evans, University of Oregon
Mikhail Golosov, University of Chicago and NBER
Thomas J. Sargent, New York University and NBER

The Optimal Maturity of Government Debt
Discussant: Pierre Yared, Columbia University and NBER
11:15 am
Break
11:30 am
Jennifer La'O, Columbia University and NBER
Alireza Tahbaz-Salehi, Northwestern University

Optimal Monetary Policy in Production Networks
Discussant: Nobuhiro Kiyotaki, Princeton University and NBER
12:30 pm
Lunch
1:30 pm
Cristina Arellano, Federal Reserve Bank of Minneapolis
Yan Bai, University of Rochester and NBER
Gabriel P. Mihalache, The Ohio State University

Monetary Policy and Sovereign Risk in Emerging Markets
Discussant: Paulina Restrepo-Echavarria, Federal Reserve Bank of St. Louis
2:30 pm
Break
2:40 pm
Patrick J. Kehoe, Stanford University and NBER
Pierlauro Lopez, Federal Reserve Bank of Cleveland
Virgiliu Midrigan, New York University and NBER
Elena Pastorino, Stanford University and NBER

Asset Prices and Employment Fluctuations
Discussant: Fernando E. Alvarez, University of Chicago and NBER
3:40 pm
Break
3:50 pm
Chang-Tai Hsieh, University of Chicago and NBER
Peter J. Klenow, Stanford University and NBER
Ishan Nath, Federal Reserve Bank of San Francisco

A Global View of Creative Destruction
Discussant: Kurt Mitman, Institute for International Economic Studies
4:50 pm
Break
5:00 pm
David W. Berger, Duke University and NBER
Luigi Bocola, Stanford University and NBER
Alessandro Dovis, University of Pennsylvania and NBER

Imperfect Risk-Sharing and the Business Cycle
Discussant: Anmol Bhandari, University of Minnesota and NBER
6:00 pm
Adjourn

Suggestions on Format
Introduction: Please keep these to 5 minutes. And the audience should refrain from essentially all questions.
Clarifying Questions: Welcome at all times. If you do not understand something, it is highly likely that other people do not as well, so please ask.
Deeper Questions: These typically have much higher value added when brought up after the main results have been given, so that the audience understands the framework the author is using and the author has narrowed down the question to a precise one.
Anticipatory Questions: Questions such as ``Will this feature be important’’ or ``Are you going to look at x’’ are typically very low value added. It is much better to let the author put up the results and then ask such questions.