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Nominal Rigidities
Federal Reserve Bank of San Francisco, National
Bureau of Economic Research, Inc., and the Central Bank Institute of the
Federal Reserve Bank of Cleveland
Federal Reserve Bank of San Francisco (Central A
& B)
Saturday, June 16, 2001
Conference
Summary
AGENDA
| 9:00 A.M. |
Continental Breakfast |
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| 9:30 A.M. |
Nominal Rigidities and the Dynamic Effects
of a Shock to Monetary Policy (PDF - 740KB)
LAWRENCE J. CHRISTIANO, Northwestern University
MARTIN EICHENBAUM, Northwestern University
CHARLES EVANS, Federal Reserve Bank of Chicago
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Discussant:
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JULIO ROTEMBERG, Harvard University |
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| 10:30 A.M. |
Sticky Information Versus Sticky
Prices: A Proposal to Replace the New Keynesian Phillips Curve
(PDF - 170KB)
GREG MANKIW, Harvard University
RICARDO REIS, Harvard University |
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Discussant:
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WILLIAM DUPOR, University of Pennsylvania
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| 11:30 A.M. |
Break |
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| 11:45 A.M. |
Closed and Open Economy Models of Business
Cycles with Marked-up and Sticky Prices
(PDF - 206KB)
ROBERT BARRO, Harvard University
SILVANA TENREYRO, Harvard University
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Discussant:
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VALERIE RAMEY, University of California San Diego |
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| 12:45 P.M. |
Lunch |
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| 2:00 P.M. |
Predicting the Effects of Fed Policy
in a Sticky Price Model (PDF - 337KB)
ELLEN McGRATTAN, Federal Reserve Bank of Minneapolis |
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Discussant: |
ANDY LEVIN, Board of Governors |
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| 3:00 P.M. |
Optimal Fiscal and Monetary Policy:
Equivalence Results
PEDRO TELES, Bank of Portugal and U. Catolica Portueguesa
ISABEL CORREIA, Bank of Portugal, U. Catolica Portuegesa and CEPR
JUAN PABLO NICOLINI, Universidad di Tella |
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Discussant:
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V. V. CHARI, University of Minnesota
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| 4:00 P.M. |
Break |
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| 4:30 P.M. |
Optimal Fiscal and Monetary Policy Under
Sticky Prices
MARTIN URIBE, University of Pennsylvania
STEPHANIE SCHMITT-GROHE, Rutgers University and CEPR
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Discussant:
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PEDRO TELES, Bank of Portugal and U. Catolica Portueguesa |
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| 5:45 P.M. |
Reception |
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| 7:00 P.M. |
Dinner at the Harbor Village Restaurant, Four Embarcadero
Center |
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| List of Participants |
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Hotel:
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Harbor Court, 165 Steuart Street,
San Francisco CA 94105
http://www.harborcourthotel.com/ |
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