SI 2021 Macro, Money and Financial Markets

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

July 13-15, 2021

on Zoom.us

Conference Code of Conduct

Tuesday, July 13
11:00 am

Monetary Policy and Wealth Effects: The Role of Risk and Heterogeneity
Discussant: Giovanni L. Violante, Princeton University and NBER
11:50 am
Break
12:00 noon

Falling Interest Rates and Misallocation: Lessons from General Equilibrium
Discussant: Hélène Rey, London Business School and NBER
12:50 pm
Break
1:00 pm

Dynamic Banking and the Value of Deposits (slides)
Discussant: Jonathan Payne, Princeton University
1:50 pm
Adjourn
Wednesday, July 14
Joint Session ME/MEFM/IFM
11:30 am

Industrial Monetary Policy (slides)
Discussant: Arvind Krishnamurthy, Stanford University and NBER
12:20 pm
Break
12:30 pm

Bank Liquidity Provision Across the Firm Size Distribution
Discussant: Yueran Ma, University of Chicago and NBER
1:20 pm
Break
1:30 pm

Bank Runs, Fragility, and Credit Easing
Discussant: Todd Keister, Rutgers University
2:20 pm
Adjourn
Thursday, July 15
Joint session with Asset Pricing
11:00 am

Bonds vs. Equities: Information for Investment
Discussant: Janice C. Eberly, Northwestern University and NBER
11:50 am
Break
12:00 noon

Managing Public Portfolios
Discussant: Deborah J. Lucas, Massachusetts Institute of Technology and NBER
12:50 pm
MEFM adjourns and AP continues
1:10 pm

Arbitrage Capital of Global Banks
Discussant: Darrell Duffie, Stanford University and NBER
2:00 pm
Break
2:10 pm

A Long Leg and a Short Leg Make For a Wobbly Equilibrium
Discussant: Itamar Drechsler, University of Pennsylvania and NBER
3:00 pm
Break
3:10 pm

How Competitive is the Stock Market? Theory, Evidence from Portfolios, and Implications for the Rise of Passive Investing
Discussant: Laura Veldkamp, Columbia University and NBER
4:00 pm
Adjourn