 |
March
23-24, 2007
The Federal Reserve Bank of San Francisco |
|
|
| |
| Friday,
March 23 |
 |
| 8:10 A.M. |
Continental
Breakfast |
|
| 8:50 A.M. |
Welcoming
Remarks:
Janet Yellen, Federal Reserve
Bank of San Francisco |
| Morning
Session Chair:
John Williams, Federal Reserve Bank
of San Francisco |
| 9:00
A.M. |
The
Limits of Transparency (PDF - 261KB) |
|
Presenter:
|
Alex Cukierman, Tel-Aviv University |
|
Discussants:
|
Petra Geraats, University of Cambridge
Hyun Song Shin, Princeton University |
|
| 10:30
A.M. |
Break |
|
| 11:00 A.M. |
Banking
and Interest Rates in Monetary Policy Analysis: A Quantitative
Exploration (PDF - 754KB) |
|
Presenters:
|
Marvin
Goodfriend,
Carnegie-Mellon University
Bennett McCallum, Carnegie-Mellon University |
|
Discussants:
|
Stephen
Cecchetti,
Brandeis University
Huw Pill, European Central Bank |
|
| 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. |
Monetary
Policy and its Informative Value (PDF
- 250KB) |
|
Presenter:
|
Romain
Baeriswyl,
Ludwig-Maximilians Universität & Credit Suisse
Camille Cornand, BETA - Strasbourg Louis
Pasteur University |
|
Discussants:
|
George-Marios
Angeletos, Massachusetts Institute
of Technology
Christian
Hellwig, University of California, Los Angeles
|
|
| 3:30
P.M. |
Break |
|
| 4:00 P.M. |
Three
Great American Disinflations (PDF - 355KB) |
| Presenter: |
Michael
Bordo, Rutgers University
Christopher Erceg, Andrew Levin, Federal Reserve Board
Ryan Michaels, University of Michigan |
| Discussants: |
Gauti
Eggertsson,
Federal Reserve Bank of New York
John Taylor, Stanford University |
|
| 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: |
Frederic
Mishkin,
Federal Reserve Board |
|
| Saturday, March
4 |
|
| 8:00
A.M. |
Continental
Breakfast |
|
| Morning
Session Chair: Glenn Rudebusch, Federal Reserve Bank
of San Francisco |
| 8:45 A.M. |
Central
Bank Communication and Expectations Stabilization (PDF
- 113KB) |
| Presenters: |
Stefano
Eusepi,
Federal Reserve Bank of New York
Bruce Preston, Columbia University |
| Discussants: |
Michael
Ehrmann,
European Central Bank
Athanasios Orphanides, Federal Reserve Board |
|
| 10:15
A.M. |
Break |
|
| 10:30 A.M. |
Welfare-Maximizing
Monetary Policy under Parameter Uncertainty (PDF
- 299KB) |
| Presenter: |
Rochelle
Edge, Thomas Laubach, Federal Reserve Board
John Williams, Federal Reserve Bank of San Francisco |
| Discussants: |
Christopher
Sims,
Princeton University
Ulf Söderström, Università Bocconi |
|
| 12:00
P.M. |
Lunch
- Market Street Dining Room, Fourth Floor |
|
| 1:00 P.M. |
Adjourn |
