SI 2022 Impulse and Propagation Mechanisms

Lawrence Christiano and Martin S. Eichenbaum, Organizers

July 11-15, 2022

Parkview Room

Royal Sonesta Hotel, Edwin H. Land Blvd., Cambridge, MA and zoom.us

Monday, July 11
9:00 am	Coffee and Pastries
9:30 am	Gazing at r-star: A Hysteresis Perspective
10:15 am	Why Aging Induces Deflation and Secular Stagnation
11:00 am	Break
11:15 am	FTPL Redux
12:00 pm	Monetary Policy Trade-offs at the Zero Lower Bound
12:45 pm	Lunch
Tuesday, July 12
8:30 am	Coffee and Pastries
9:00 am	Expectations and the Rate of Inflation (slides)
9:45 am	Simple Models and Biased Forecasts
10:30 am	Break
10:45 am	A Monetary-Fiscal Theory of Sudden Inflations (slides)
11:30 am	The Effects of Monetary Policy: Theory with Measured Expectations
12:15 pm	Lunch
Wednesday, July 13
8:30 am	Coffee and Pastries
9:00 am	Micro MPCs and Macro Counterfactuals: The Case of the 2008 Rebates (slides)
9:45 am	Monetary Policy and the Labor Market: A Quasi-Experiment in Sweden
10:30 am	Break
10:45 am	A Temporary VAT Cut as Unconventional Fiscal Policy
11:30 am	Short-Term Tax Cuts, Long-Term Stimulus (slides)
12:15 pm	Lunch
Thursday, July 14
8:30 am	Coffee and Pastries
9:00 am	Economic Winners Versus Losers and the Unequal Pandemic Recession
9:45 am	Tail Risk in Production Networks
10:30 am	Break
10:45 am	More Than Words: Fed Chairs' Communication During Congressional Testimonies
11:30 am	Procyclical Productivity in New Keynesian Models (slides)
12:15 pm	Lunch
Friday, July 15
8:30 am	Coffee and Pastries
9:00 am	The Flight to Safety and International Risk Sharing
9:45 am	Managing Monetary Tradeoffs in Vulnerable Open Economies
10:30 am	Break
10:45 am	The Importance of Job Loss Risk for Individual Savings (slides)
11:30 am	Idiosyncratic Income Risk and Aggregate Fluctuations
12:15 pm	Lunch