SI 2020 Impulse and Propagation Mechanisms

Lawrence Christiano and Martin S. Eichenbaum, Organizers

July 6-10, 2020

on Zoom.us

Monday, July 6
11:00 am	Macroeconomic Implications of COVID-19: Can Negative Supply Shocks Cause Demand Shortages? (slides)
11:45 am	Optimal Mitigation Policies in a Pandemic
12:30 pm	Break
12:45 pm	Macroeconomic Dynamics and Reallocation in an Epidemic (slides)
1:30 pm	Pandemic Shocks, Effective Demand, and Stabilization Policy
2:15 pm	Adjourn
Tuesday, July 7
11:00 am	Robots or Workers? A Macro Analysis of Automation and Labor Markets (slides)
11:45 am	Forward Guidance and Household Expectations (slides)
12:30 pm	Break
12:45 pm	Dynamic Oligopoly and Price Stickiness (slides)
1:30 pm	Adjourn
Wednesday, July 8
11:00 am	Economic Agents as Imperfect Problem Solvers (slides)
11:45 am	Confidence and the Propagation of Demand Shocks (slides)
12:30 pm	Break
12:45 pm	Real Credit Cycles
1:30 pm	Adjourn
Thursday, July 9
11:00 am	Asset Specificity of Non-Financial Firms (slides)
11:45 am	Reservation Raises: The Aggregate Labor Supply Curve at the Extensive Margin
12:30 pm	Break
12:45 pm	The Fed's Response to Economic News Explains the "Fed Information Effect" (slides)
1:30 pm	Adjourn
Friday, July 10
11:00 am	Inside the Mind of a Stock Market Crash
11:45 am	Risk Premium Shocks Can Create Inefficient Recessions
12:30 pm	Break
12:45 pm	Search Complementarities, Aggregate Fluctuations, and Fiscal Policy (slides)
1:30 pm	Aggregate and Distributional Impacts of Housing Policy: China’s Experiment (slides)
2:15 pm	Adjourn