SI 2019 Macro, Money and Financial Frictions

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

July 10-11, 2019

Parkview Room

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

Conference Code of Conduct

Wednesday, July 10
8:00 am
Coffee and Pastries
8:30 am

Financial Frictions and the Wealth Distribution (slides)
Discussant: Lars P. Hansen, University of Chicago and NBER
9:30 am
Break
9:45 am

Financing Insurance
Discussant: Giorgia Piacentino, University of Southern California and NBER
10:45 am
Break
11:00 am

Global Investors, the Dollar, and U.S. Credit Conditions
Discussant: Jesse Schreger, Columbia University and NBER
12:00 pm
Lunch
Afternoon joint with Monetary Economics and International Finance and Macroecnomics in the Ballroom
1:00 pm
Ballroom

Mussa Puzzle Redux
Discussant: Fabrizio Perri, Federal Reserve Bank of Minneapolis
2:00 pm
Break
2:30 pm
Ballroom

The Two-Pillar Policy for the RMB
Discussant: Wenxin Du, Harvard University and NBER
3:30 pm
Ballroom

How Monetary Policy Shaped the Housing Boom
Discussant: Joseph S. Vavra, University of Chicago and NBER
4:30 pm
Adjourn
6:00 pm
Clambake at the Royal Sonesta Hotel
Thursday, July 11
8:00 am
Coffee and Pastries
Morning joint with Asset Pricing in Ballrom
8:30 am

Pledgeability and Asset Prices: Evidence from the Chinese Corporate Bond Markets
Discussant: Tao Zha, Emory University and NBER
9:30 am

Risk Free Interest Rates
Discussant: Annette Vissing-Jorgensen, Federal Reserve Board of Governors and NBER
10:30 am
Break
11:00 am

The Short Rate Disconnect in a Monetary Economy
Discussant: Michael Woodford, Columbia University and NBER
12:00 pm
Lunch and Adjourn