 |
March 6, 2009
The Federal Reserve Bank of San Francisco |
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| Agenda |
 |
| 8:10 A.M. |
Continental
Breakfast |
|
| 8:50 A.M. |
Welcoming
Remarks:
Janet Yellen, Federal Reserve
Bank of San Francisco |
| Morning
Session Chair:
John Fernald, Federal Reserve Bank
of San Francisco |
| 9:00
A.M. |
Reset Price Inflation and the Impact of Monetary Policy Shocks
(PDF - 394KB) |
|
Presenters: |
Mark Bils, University of Rochester
Peter Klenow, Stanford University
Benjamin Malin, Federal Reserve Board |
|
Discussants: |
Virgiliu Midrigan, New York University
Ricardo Reis, Columbia University |
|
| 10:20
A.M. |
Break |
|
| 10:40 A.M. |
Estimating a Medium-Scale DSGE Model with Expectations Based on Small Forecasting Models (PDF - 946KB) |
|
Presenters: |
Sergey Slobodyan, Charles University CERGE and Czech Economics Institute
Raf Wouters, National Bank of Belgium |
|
Discussants: |
Marco Del Negro, Federal Reserve Bank of New York
George Evans, University of Oregon
|
|
| 12:00
P.M. |
Lunch — Market
Street Dining Room, Fourth Floor |
|
| Afternoon
Session Chair: Eric Swanson, Federal Reserve Bank of
San Francisco |
| 1:15 P.M. |
A Monetary Business Cycle Model With Labor Market Frictions (PDF - 860KB) |
|
Presenters: |
Lawrence Christiano, Northwestern University
Mathias Trabandt, European Central Bank and Sveriges Riksbank
Karl Walentin, Sveriges Riksbank |
|
Discussants: |
Shin-Ichi Nishiyama, Bank of Canada
Simon Gilchrist, Boston University |
|
| 2:35
P.M. |
Break |
|
| 2:50 P.M. |
Optimal Monetary Policy in a Model of the Credit Channel
(PDF - 263KB) |
| Presenters: |
Fiorella De Fiore, European Central Bank
Oreste Tristani, European Central Bank |
| Discussants: |
Vasco Cúrdia, Federal Reserve Bank of New York
Tao Zha, Federal Reserve Bank of Atlanta |
|
| 4:10 |
Break |
 |
| 4:25
P.M. |
Potential and Natural Output
(PDF - 367KB) |
Presenters: |
Alejandro Justiniano, Federal Reserve Bank of Chicago
Giorgio Primiceri, Northwestern University |
Discussants: |
John Leahy, New York University
Carl Walsh, University of California, Santa Cruz |
|
| 5:45
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: |
Eric Rosengren, Federal Reserve Bank of Boston
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