Friday, March 23, 2007 – Saturday, March 24, 2007
Agenda Download (PDF – 41KB)
Agenda
| 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 |