Authors, please upload your paper here


Monetary Economics Program Meeting

Ricardo Reis and Mark Watson, Organizers

March 2, 2012

Federal Reserve Bank of New York
Benjamin Strong Room, 10th Floor
33 Liberty Street
New York, NY  10045


Thursday, March 1, 2012

6:30 pm

Reception and Dinner
Federal Reserve Bank of New York
44 Maiden Lane Entrance (A Level)

Liberty Room, 1st Floor
New York, NY 10045

Friday, March 2, 2012

8:30 am

Continental Breakfast

9:00 am

Markus Brunnermeier, Princeton University and NBER
Yuliy Sannikov, Princeton University
The I Theory of Money

Discussants:     Michael Woodford, Columbia University and NBER

10:00 am


10:10 am

Jesus Fernandez-Villaverde, University of Pennsylvania and NBER
Pablo Guerron-Quintana and Keith Kuester, Federal Reserve Bank of Philadelphia
Juan Rubio-Ramirez, Duke University
Fiscal Volatility Shocks and Economic Activity

Discussants:     Ruediger Bachmann, University of Michigan and NBER

11:10 am


11:20 am

Emmanuel Farhi and Gita Gopinath, Harvard University and NBER

Oleg Itskhoki, Princeton Univesity and NBER
Fiscal Devaluations

Discussants:     Fabio Ghironi, Boston College and NBER

12:20 pm

Lunch- Liberty Room, 1st Floor



12:30 pm
1:00 pm

Federal Reserve Bank of New York
Gold Vault Tour

1:40 pm

Eric Swanson and John Williams, Federal Reserve Bank of San Francisco
Measuring the Effect of the Zero Lower Bound on Medium-and Longer-Term Rates

Discussant:      Jonathan Wright, John Hopkins University and NBER

2:40 pm


2:50 pm

Fernando Alvarez, University of Chicago and NBER

Francesco Lippi, University of Sassari
Price Setting with Menu Cost for Multi-product Firms

Discussants:     Carlos Carvalho, PUC-Rio

3:50 pm


4:00 pm

Eric Hilt, Wellesley College and NBER
Carola Frydman, Boston University and NBER
The Panic of 1907: JP Morgan, Trust Companies, and the Impact of the Financial Crisis


Discussants:     Ellis Tallman, Oberlin College

5:00 pm