13^th Workshop on Methods and Applications for Dynamic Stochastic General Equilibrium Models

Hosted by Federal Reserve Bank of Chicago. The workshop also serves as a mid-year meeting of the NBER EFSF Workgroup on Methods and Applications for DSGE Models.

Organizers:

Jesus Fernandez-Villaverde (Penn and NBER), Alejandro Justiniano (FRB Chicago), Leonardo Melosi (FRB Chicago), Giorgio Primiceri (Northwestern and NBER), and Frank Schorfheide (Penn and NBER)

Friday October 14, 2016

09:30‑10:15	James Hamilton (UC San Diego): Why You Should Never Use the Hodrick-Prescott filter
10:15‑10:30	Coffee Break
10:30‑11:15	Edward Herbst (Board of Governors) and Frank Schorfheide (Penn and NBER): Tempered Particle Filtering
11:15‑12:00	Leland E. Farmer (UC San Diego) The Discretization Filter: A Simple Way to Estimate Nonlinear State Space Models
12:00‑1:00	Lunch
1:00‑2:00	Andre Kurmann (Drexel) and Eric Sims (Notre Dame): Revisions in Utilization-Adjusted TFP and the Robust Identification of News Shocks Discussant: Susantu Basu (Boston College)
2:00‑3:00	Minchul Shin (U. of Illinois) and Molin Zhong (Board of Governors): A New Approach to Identifying the Real Effects of Uncertainty Shocks Discussant: Drew Creal (Chicago Booth)
3:00‑3:30	Coffee Break
3:30‑04:30	Thomas Lubik (FRB Richmond), Christian Matthes (FRB Richmond) and Elmar Mertens (Board of Governors): Indeterminacy and Imperfect Information Discussant: Todd Walker (Indiana University)
04:30‑05:30	Lawrence Christiano (Northwestern and NBER), Martin S. Eichenbaum (Northwestern and NBER) and Ben Johannsen (Board of Governors): Does the New Keynesian Model Have a Uniqueness Problem? Discussant: Karel Mertens (Cornell)
6:00	Reception / Dinner

Saturday, October 15, 2016

09:00‑10:00	Ricardo Masolo (Bank of England) and Francesca Monti (Bank of England): Ambiguity, Monetary Policy and Trend Inflation Cosmin Illut (Duke)
10:00‑10:30	Coffee Break
10:30‑11:30	Christoph Gortz (U. of Birmingham), John Tsoukalas (U. of Glasgow) and Francesco Zanetti (U. of Oxford): News Shocks under Financial Frictions Discussant: Albert Queralto (Board of Governors)
11:30‑12:30	Cynthia Wu (Chicago Booth) and Ji Zhang (Tsinghua PBC): A Shadow Rate DSGE Model Discussant: Boragan Aruoba (Maryland)
12:30‑02:00	Lunch / Departure