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Economic Research

Symposium on Oil Markets and the Economy
Federal Reserve Bank of San Francisco
July 25, 2011
   
Background Papers Location: 12th Floor Board Room

• Forecasting the Price of Oil
Real Time Forecasts of the Real Price of Oil
Role of Inventories and Speculative Trading
• Historical Oil Shocks

8:30 a.m. Breakfast
8:55 a.m. Welcome
  John C. Williams
9:00 a.m. Session 1
  Recent developments in oil markets
  Severin Borenstein, UC Berkeley
Edgard Habib, Chevron
Lutz Kilian, University of Michigan
  10:15 a.m. Break
  10:30 a.m. Session 2
    What do recent developments in oil markets mean for the economy?
    Robert Hall, Stanford University
Jim Hamilton, UC San Diego
Steven Kopits, Douglas Westwood
  11:45 a.m. Break
  12:00 p.m. Session 3
    Are high (and volatile) oil prices here to stay?
    Francisco Blanch, BofA Merrill Lynch
Craig Pirrong, University of Houston
Kenneth Singleton, Stanford University
  1:15 p.m. Lunch