SI 2020 Monetary Economics

Emi Nakamura and Jón Steinsson, Organizers

July 6-10, 2020

on Zoom.us

Monday, July 6

Format: 35 minute presentations including a 5 minute pit stop for questions. Then 10 minutes for Q&A. Participants write questions into chat box. Session chairs call on people to ask their question.

1:30 pm

Central Banking with Many Voices: The Communications Arms Race

2:15 pm

Common Shocks in Stocks and Bonds

3:00 pm

Break

3:15 pm

Redeemable Platform Currency (slides)

4:00 pm

A Finance-Integrated New Keynesian Model (slides)

4:45 pm

Adjourn and Happy Hour

Tuesday, July 7

1:30 pm

Indebted Demand

2:15 pm

The Real Effects of Monetary Shocks: Evidence from Micro Pricing Moments

3:00 pm

Break

3:15 pm

The Missing Inflation Puzzle: The Role of the Wage-Price Pass-Through (slides)

4:00 pm

Convex Supply Curves (slides)

4:45 pm

Adjourn and Happy Hour

Wednesday, July 8

Joint session with IFM and MEFM

11:00 am

The Dollar and the Global Price of Risk

Discussant:

Luigi Bocola, Stanford University and NBER

11:50 am

Exchange Rates and Asset Prices in a Global Demand System (slides)

Discussant:

Jesse Schreger, Columbia University and NBER

12:40 pm

A Preferred-Habitat Model of Term Premia and Currency Risk (slides)

Discussant:

Xavier Gabaix, Harvard University and NBER

2:00 pm

COVID-19 Policy Panel: US, Europe and Rest of the World
Chair: Pierre-Olivier Gourinchas, University of California at Berkeley and NBER
Benoit Coeure, Bank for International Settlements (slides)
Nellie Liang, Brookings Institution (slides)
Raghuram Rajan, University of Chicago and NBER (slides)

3:00 pm

Adjourn

Thursday, July 9

1:30 pm

Hitting the Elusive Inflation Target (slides)

2:15 pm

The Transmission of Monetary Policy under the Microscope (slides)

3:00 pm

Break

3:15 pm

Banking Crises without Panics (slides)

4:00 pm