SI 2021 Impulse and Propagation Mechanisms

Lawrence Christiano and Martin S. Eichenbaum, Organizers

July 12-16, 2021

on Zoom.us

Monday, July 12
11:00 am	Jonathon Hazell, London School of Economics Juan Herreño, University of California, San Diego Emi Nakamura, University of California, Berkeley and NBER Jón Steinsson, University of California, Berkeley and NBER The Slope of the Phillips Curve: Evidence from U.S. States
11:45 am	Terry Fitzgerald, Federal Reserve Bank of Minneapolis Callum J. Jones, Federal Reserve Board of Governors Mariano Kulish, University of Sydney Juan Pablo Nicolini, Federal Reserve Bank of Minneapolis Is There a Stable Relationship between Unemployment and Future Inflation?
12:30 pm	Break
12:45 pm	Fernando E. Alvarez, University of Chicago and NBER Francesco Lippi, LUISS Guido Carli University Aleksei Oskolkov, University of Chicago The Macroeconomics of Sticky Prices with Generalized Hazard Functions (slides)
1:30 pm	David Baqaee, University of California, Los Angeles and NBER Emmanuel Farhi, Harvard University Kunal Sangani, Harvard University The Supply-Side Effects of Monetary Policy
2:15 pm	Adjourn
Tuesday, July 13
11:00 am	Ian Dew-Becker, Federal Reserve Bank of Chicago Stefano Giglio, Yale University and NBER Cross-Sectional Uncertainty and the Business Cycle: Evidence from 40 Years of Options Data
11:45 am	Susanto Basu, Boston College and NBER Giacomo Candian, HEC Montreal Ryan Chahrour, Cornell University Rosen Valchev, Boston College and NBER Risky Business Cycles
12:30 pm	Break
12:45 pm	Florin O. Bilbiie, University of Cambridge Marc Melitz, Harvard University and NBER Aggregate-Demand Amplification of Supply Disruptions: The Entry-Exit Multiplier (slides)
1:30 pm	Olivier Coibion, University of Texas at Austin and NBER Dimitris Georgarakos, European Central Bank Yuriy Gorodnichenko, University of California, Berkeley and NBER Geoff K. Kenny, European Central Bank Michael Weber, University of Chicago and NBER The Effect of Macroeconomic Uncertainty on Household Spending
2:15 pm	Adjourn
Wednesday, July 14
11:00 am	Joel P. Flynn, Yale University Christina Patterson, University of Chicago and NBER John Sturm, Princeton University Fiscal Policy in a Networked Economy
11:45 am	Martin Beraja, Massachusetts Institute of Technology and NBER Christian K. Wolf, Massachusetts Institute of Technology and NBER Demand Composition and the Strength of Recoveries
12:30 pm	Break
12:45 am	Òscar Jordà, Federal Reserve Bank of San Francisco Sanjay R. Singh, Federal Reserve Bank of San Francisco and UC Davis Alan M. Taylor, Columbia University and NBER The Long-Run Effects of Monetary Policy
1:30 pm	Jesper Lindé, Sveriges Riksbank Christopher Erceg, International Monetary Fund Zoltan Jakab, International Monetary Fund Monetary Policy Strategies for the European Central Bank (slides)
2:15 pm	Adjourn
Thursday, July 15
11:00 am	Joel P. Flynn, Yale University Karthik Sastry, Princeton University and NBER Attention Cycles
11:45 am	Francesco Bianchi, Johns Hopkins University and NBER Cosmin L. Ilut, Duke University and NBER Hikaru Saijo, University of California, Santa Cruz Implications of Diagnostic Expectations: Theory and Applications
12:30 pm	Break
12:45 pm	George-Marios Angeletos, Northwestern University and NBER Chen Lian, University of California, Berkeley and NBER Determinacy without the Taylor Principle (slides)
1:30 pm	Arthur Prat-Carrabin, Columbia University Michael Woodford, Columbia University and NBER Imprecise Probabilistic Inference from Sequential Data
2:15 pm	Adjourn
Friday, July 16
11:00 am	Francesco Bianchi, Johns Hopkins University and NBER Renato Faccini, Danmarks Nationalbank Leonardo Melosi, University of Warwick Monetary and Fiscal Policies in Times of Large Debt: Unity is Strength (slides)
11:45 am	Gadi Barlevy, Federal Reserve Bank of Chicago On Speculative Frenzies and Stabilization Policy (slides)
12:30 pm	Break
12:45 pm	Frederic Boissay, Bank for International Settlements Fabrice Collard, Toulouse School of Economics Jordi Galí, Center for Research in Economics and Statistics and NBER Cristina Manea, Bank for International Settlements Monetary Policy and Endogenous Financial Crises (slides)
1:30 pm	Arvind Krishnamurthy, Stanford University and NBER Wenhao Li, University of Southern California Dissecting Mechanisms of Financial Crises: Intermediation and Sentiment (slides)
2:15 pm	Adjourn