Authors,
please upload your paper here. |
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NATIONAL BUREAU OF ECONOMIC
RESEARCH, INC. |
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SUMMER INSTITUTE 2011 |
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Monetary
Economics Workshop |
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July 11 - 15, 2011 |
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Christina D. Romer and David H. Romer,
Organizers |
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Royal Sonesta Hotel |
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Charles Suite A |
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40 Edwin H. Land Boulevard |
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Cambridge, Massachusetts |
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PROGRAM |
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Monday, July 11: |
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12:00 n |
Lunch |
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1:00 pm |
Emi Nakamura, Columbia University
and NBER |
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Jón Steinsson,
Columbia University and NBER |
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Fiscal
Stimulus in a Monetary Union: Evidence from U.S. Regions |
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1:55 pm |
Price Fishback, University of Arizona and NBER |
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In Search of the
Multiplier for Federal Spending in the States during the New Deal |
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2:50 pm |
Break |
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3:05 pm |
Olivier Coibion,
College of William and Mary and NBER |
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Information
Rigidity and the Expectations Formation Process: A Simple Framework and New
Facts |
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4:00 pm |
Adjourn |
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Tuesday, July 12: |
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12:00 n |
Lunch |
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1:00 pm |
Ruediger
Bachmann, University of Michigan and NBER |
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Confidence
and the Transmission of Government Spending Shocks |
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1:55 pm |
N. Gregory Mankiw,
Harvard University and NBER |
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2:50 pm |
Break |
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3:05 pm |
Atif
Mian, University of California at Berkeley and NBER |
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Liquidity Risk and Maturity Management over the Credit
Cycle |
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4:00 pm |
Adjourn |
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Wednesday,
July 13: Meeting this day in Parkview Room |
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12:00
n |
Lunch |
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1:00
pm |
Discussion
with Axel Weber, former president, Deutsche Bundesbank |
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2:30
pm |
Break |
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3:00 pm |
Gauti Eggertsson,
Federal Reserve Bank of New York |
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Paul Krugman, Princeton University and NBER |
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Debt,
Deleveraging, and the Liquidity Trap: A Fisher-Minsky-Koo
Approach |
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3:55 pm |
Adjourn |
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6:00
pm |
Clambake: Harvard
Faculty Club, 20 Quincy Street, Cambridge, MA |
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Thursday, July 14: |
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12:00 n |
Lunch |
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1:00 pm |
Arvind Krishnamurthy, Northwestern University and NBER Dmitry Orlov,
Stanford University |
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1:55 pm |
Bo Becker,
Harvard University and NBER |
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2:50 pm |
Break |
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3:05 pm |
Burcu Duygan-Bump,
Federal Reserve Bank of Boston |
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Financing
Constraints and Unemployment: Evidence from the Great Recession |
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4:00 pm |
Adjourn |
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Friday,
July 15: |
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JOINT MEETING WITH SESSION ON
FINANCE AND MACROECONOMICS |
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Andrew Metrick, Jeremy C. Stein, and David Scharfstein,
Organizers |
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PROGRAM |
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8:00 am |
Coffee and Pastries |
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8:30 am |
Nicola Gennaioli, CREI |
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Andrei Shleifer, Harvard University and NBER |
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Robert
W. Vishny, University of Chicago and NBER |
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Discussant:
Guillermo Ordonez, Yale University |
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9:20 am |
Javier
Bianchi, University of Maryland |
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Enrique
G. Mendoza, University of Maryland and NBER |
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Overborrowing, Financial Crises, and Macro-prudential
Policy |
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Discussant: Martin
Oehmke, Columbia University |
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10:10 am |
Break |
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10:30 am |
Michael
Woodford, Columbia University and NBER |
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Monetary Policy and Financial Stability |
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Discussant: Emmanuel
Farhi, Harvard University and NBER |
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11:20 am |
Atif Mian,
University of California at Berkeley and NBER |
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Amir
Sufi, University of Chicago and NBER |
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Francesco
Trebbi, University of British Columbia and NBER |
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Discussant: Parag Pathak,
Massachusetts Institute of Technology and NBER |
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12:10 pm |
Lunch |
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1:10 pm |
PANEL
DISCUSSION: Macro-Prudential Regulation: The State of Play |
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Panelists |
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Stephen Cecchetti, Bank for International Settlements and NBER |
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Paul Tucker,
Bank of England |
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Nellie
Liang, Federal Reserve Board |
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Moderator |
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Anil Kashyap, University of Chicago and NBER |
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2:30 pm |
Break |
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2:50 pm |
Arvind Krishnamurthy, Northwestern
University and NBER |
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Annette Vissing-Jorgensen, Northwestern University and NBER |
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Discussant:
Robin Greenwood, Harvard University |
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3:40 pm |
Viral V.
Acharya, New York University and NBER |
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Itamar Drechsler,
New York University |
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Philipp Schnabl, New York University |
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A
Pyrrhic Victory? -- Bank Bailouts and Sovereign Credit Risk |
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Discussant:
Stijn Claessens, International
Monetary Fund |
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4:30 pm |
Adjourn |
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