| The Federal Reserve Bank of
San Francisco |
Agenda
(PDF - 18KB)
Conference Summary (PDF - 32KB)
|
| Friday,
March 4 |
|
8:10 A.M.
|
Continental
Breakfast  |
|
8:50 A.M.
|
Welcoming
Remarks:
Janet Yellen, Federal Reserve Bank of
San Francisco |
| Morning
Session Chair: John C. Williams, Federal
Reserve Bank of San Francisco |
| 9:00
A.M. |
Monetary
and Fiscal Policy in a Liquidity Trap: The Japanese
Experience 1999-2004
(Paper:
PDF - 569KB) |
|
Presenters:
|
Mitsuru Iwamura, Waseda University
Takeshi Kudo, Hitotsubashi University
Tsutomu Watanabe, Hitotsubashi University
|
|
Discussants:
|
Laurence Ball, Johns
Hopkins University
Marvin Goodfriend, Federal Reserve Bank of Richmond
|
| 10:30
A.M. |
Break |
| 11:00
A.M. |
Optimal
Fiscal Policy in a Monetary Union
(Paper:
PDF - 350KB) |
|
Presenters:
|
Jordi
Gali, Universitat Pompeu Fabra
Tommaso Monacelli, Universita Bocconi |
|
Discussants:
|
Maurice
Obstfeld, University of California, Berkeley
Comments
Carl Walsh, University of California,
Santa Cruz
Comments |
| 12:30
P.M. |
Lunch — Market
Street Dining Room, Fourth Floor |
| Afternoon
Session Chair: Richard Dennis, Federal
Reserve Bank of San Francisco |
| 2:00
P.M. |
Model
Uncertainty and Policy Evaluation: Some Theory and Empirics
(Paper: PDF - 708KB)
|
|
Presenters:
|
William
Brock, University of Wisconson
Steven Durlauf, University of Wisconsin
Kenneth West, University of Wisconsin |
|
Discussants:
|
Lars
Hansen,
University of Chicago
Comments
Christopher Sims, Princeton University
Comments |
| 3:30
P.M. |
Break |
| 4:00 P.M. |
Estimating
the Effects of Fiscal Policy in OECD Countries
(Paper: PDF - 944KB) |
| Presenters: |
Roberto
Perotti, Universita Bocconi |
| Discussants: |
Alan
Auerbach,
University of California, Berkeley
Comments
Valerie Ramey, University of California,
San Diego
Comments |
| 5:30 P.M. |
Reception — West
Market Street Lounge, Fourth Floor |
| 6:30 P.M. |
Dinner — Market
Street Dining Room, Fourth Floor |
| Introduction: |
Janet
Yellen, Federal Reserve Bank of San Francisco |
| Speaker: |
Douglas
Holtz-Eakin, Congressional Budget Office |
| Saturday, March 5 |
| 8:00 A.M. |
Continental
Breakfast |
Morning
Session Chair: Glenn Rudebusch, Federal Reserve Bank
of
San Francisco |
| 8:45
A.M. |
The
Design of Monetary and Fiscal Policy: A Global Perspective
(Paper:
PDF - 826KB) |
| Presenters: |
Jess
Benhabib,
New York University
Stefano Eusepi, Federal Reserve Bank
of New York |
| Discussants: |
George
Evans, University of Oregon
Comments
John Leahy, New York
University
Comments |
| 10:15
A.M. |
Break |
| 10:30
A.M. |
No-Arbitrage
Taylor Rules
(Paper: PDF - 1.25MB) |
| Presenters: |
Andrew
Ang, Columbia University
Sen Dong, Columbia University
Monika Piazzesi, University of Chicago |
| Discussants: |
Andrew
Levin, Federal Reserve Board
Comments
Thomas Philippon, New York University
Comments |
| 12:00
P.M. |
Lunch |
| 1:00 P.M. |
Adjourn
|
