Authors, please upload your paper here. For updated versions of papers, please click here. |
|
NATIONAL BUREAU OF ECONOMIC RESEARCH, INC |
|
Conference on Research in Income and Wealth |
|
Wealth,
Financial Intermediation and the Real Economy |
Charles Hulten, Michael Palumbo, and Marshall Reinsdorf, Organizers |
|
|
|
Federal
Reserve Board |
|
20th and C Streets, NW |
|
|
PROGRAM |
Friday,
November 12: |
|
|
|
8:15 am |
Continental Breakfast |
|
|
8:45 am |
Welcome and Brief Opening Remarks by Organizers |
|
|
9:00 am |
Chair: J. Steven
Landefeld, Bureau of Economic Analysis |
|
|
|
Matthew Eichner,
Donald Kohn, and Michael Palumbo, Federal Reserve Board |
|
|
|
|
|
Stephen
Cecchetti, Bank for International Settlements and NBER |
|
Ingo Fender and
Patrick McGuire, Bank for International Settlements |
|
|
|
|
|
Barry
Bosworth, Brookings Institution |
|
|
|
|
10:30 am |
Break |
|
|
11:00 am |
Leonard Nakamura,
Federal Reserve Bank of Philadelphia |
|
|
|
|
|
Discussant: Joshua Gallin, Federal Reserve Board |
|
|
11:45 am |
CRIW Membership Meeting |
|
|
12:15 pm |
Lunch |
|
|
1:30 pm |
Chair:
William Wascher, Federal Reserve Board |
|
|
|
Dominique Durant, Banque de France |
|
David Lenze
and Marshall Reinsdorf, Bureau of Economic Analysis |
|
|
|
|
|
Discussant: Kent Smetters, University of Pennsylvania and NBER |
|
|
2:15 pm |
Break |
|
|
2:30 pm |
Rajashri Chakrabarti, Donghoon Lee, Wilbert van der Klaauw, and Basit
Zafar, Federal Reserve Bank of New York |
|
|
|
|
|
Jesse Bricker, Brian
Bucks, Arthur Kennickell,
Traci Mach, and Kevin Moore, Federal Reserve Board |
|
Drowning or Weathering the Storm? Changes in Family Finances from 2007 to 2009 not to be posted |
|
|
|
Discussant/Presenter: Edward Wolff, New York University and NBER |
|
|
4:15 pm |
Break |
|
|
4:30 pm |
Roundtable Discussion: |
|
Chair:
James Poterba, MIT and NBER |
|
|
|
Richard
Berner, Morgan Stanley |
|
Markus
Brunnermeier, Princeton University and NBER |
|
Robert
Hall, Stanford University and NBER |
|
|
5:45 pm |
Reception |
|
|
6:30 pm |
Dinner |
|
|
Saturday,
November 13: |
|
|
|
8:15 am |
Continental Breakfast |
|
|
8:45 am |
Chair: Martin Baily, Brookings Institution |
|
|
|
Emine Boz, International Monetary Fund |
|
Enrique Mendoza, University of Maryland and NBER |
|
Financial
Innovation, the Discovery of Risk, and the U.S. Credit Crisis |
|
|
|
Viral
Acharya, New York University and NBER |
|
Heitor
Almeida and Murillo Campello, University of Illinois and NBER |
|
Aggregate Risk and the Choice between Cash and Lines of Credit |
|
|
|
Discussants: Matteo Iacoviello, Federal Reserve Board |
|
Atif Mian,
UC, Berkeley and NBER |
|
|
10:15 am |
Break |
|
|
10:45 am |
Charles Steindel, New Jersey Department of the Treasury |
|
The Financial Crisis and the Measurement of Financial Sector Activity |
|
|
|
Carol
Corrado, The Conference Board |
|
Charles Hulten,
University of Maryland and NBER |
|
|
|
|
|
Discussants: Susanto Basu, Boston College and NBER |
|
Daniel
Sichel, Federal Reserve Board |
|
|
12:15 pm |
Lunch |
|
Speaker: Carmen Reinhart, University of Maryland and NBER |
|
|
1:15 pm |
Chair: J.
Steven Landefeld, Bureau of Economic Analysis |
|
|
|
Hui Tong,
International Monetary Fund |
|
Shang-Jin
Wei, Columbia University and NBER |
|
The Misfortune of Non-Financial Firms in a Financial Crisis: Disentangling Finance and Demand Shocks |
|
|
|
Discussant: Deborah Lucas, Congressional Budget Office and NBER |
|
|
2:15 pm |
Break |
|
|
2:30 pm |
Stephanie Curcuru and Charles Thomas, Federal Reserve Board |
|
|
|
|
|
Christopher
Gohrband and Kristy Howell,
Bureau of Economic Analysis |
|
|
|
|
|
Discussant: Ralph Kozlow, International Monetary Fund |
|
|
3:30 pm |
Adjourn |