SI 2020 Behavioral Macro

Andrew Caplin and Michael Woodford, Organizers

July 10, 2020

on Zoom.us

Friday, July 10

11:00 am

Emmanuel Farhi, Harvard University
Iván Werning, Massachusetts Institute of Technology and NBER

Taming a Minsky Cycle (slides)

Discussant:

Yueran Ma, University of Chicago and NBER (slides)

12:00 pm

Olivier Coibion, University of Texas at Austin and NBER
Yuriy Gorodnichenko, University of California, Berkeley and NBER
Michael Weber, University of Chicago and NBER

Monetary Policy Communications and their Effects on Household Inflation Expectations

Discussant:

Ricardo Reis, London School of Economics

1:00 pm

Break

2:00 pm

Camelia M. Kuhnen, University of North Carolina at Chapel Hill and NBER
Elyas Fermand, University of North Carolina at Chapel Hill
Geng Li, Federal Reserve Board
Itzhak Ben-David, The Ohio State University and NBER

Expectations Uncertainty and Household Economic Behavior

Discussant:

Victoria Gregory, Federal Reserve Bank of St. Louis

3:00 pm

Francesco Bianchi, Johns Hopkins University and NBER
Sydney C. Ludvigson, New York University and NBER
Sai Ma, Federal Reserve Board

Belief Distortions and Macroeconomic Fluctuations (slides)

Discussant:

Ruediger Bachmann, University of Notre Dame

4:00 pm

Hassan Afrouzi, Columbia University and NBER
Choongryul Yang, Federal Reserve Board

Dynamic Rational Inattention and the Phillips Curve (slides)

Discussant:

George-Marios Angeletos, Northwestern University and NBER

5:00 pm

Adjourn

The format will be: 30 minutes for the presenter, 10 minutes for the discussant, and 20 minutes for general discussion.