NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.
SUMMER INSTITUTE 2000
Impulse and Propagation Mechanisms
Lawrence Christiano and Martin Eichenbaum, Organizers
Royal Sonesta Hotel
5 Cambridge Parkway
Cambridge, Massachusetts
July 24-28, 2000
PRELIMINARY PROGRAM
MONDAY, JULY 24:
8:30 AM Coffee and Doughnuts
9:00 AM BENJAMIN EDEN, University of Haifa
A Monetary Shock in an Uncertain and Sequential Trade Model
10:00 AM Break
10:15 AM GADI BARLEVY, Northwestern University
Evaluating the Costs of Business Cycles in Models of Endogenous Growth
11:15 AM Break
11:30 AM AUBHIK KHAN, University of Virginia
JULIE THOMAS, Carnegie-Mellon Univeristy
Nonconvex Factor Adjustment and the Business Cycle:
Do Nonlinearities Matter
12:30 PM Lunch and Adjourn
SI00 EFCE Program
Page two
TUESDAY, JULY 25:
8:30 AM Coffee and Doughnuts
9:00 AM JEFFREY CAMPBELL, University of Chicago
JONAS FISHER, Federal Reserve Bank of Chicago
Idiosyncratic Risk and Aggregate Employment Dynamics
10:00 AM Break
10:15 AM CHRISTOPHER ERCEG, and ANDREW LEVIN, Federal Reserve Board
Imperfect Credibility and Inflation Persistence
11:15 AM Break
11:30 AM WILLIAM DUPOR, University of Pennsylvania
Investment and Interest Rate Policy
12:30 PM Lunch and Adjourn
WEDNESDAY, JULY 26:
8:30 AM Coffee and Doughnuts
9:00 AM MONIKA PIAZZESI, Stanford University
An Econometric Model of the Yield Curve with Macroeconomic Jump Effects
10:00 AM Break
10:15 AM MICHELLE ALEXOPOULOS, University of Toronto
Efficiency Wages and the Business Cycle
11:15 AM Break
SI00 EFCE Program
Page Three
WEDNESDAY, JULY 26: cont.
11:30 AM JORDI GALI, Universitat Pompeu Fabra
TOMMASO MONACELLI, Boston College
Optimal Monetary Policy and Exchange Rate Volatility in a Small Open Economy
12:30 PM Lunch and Adjourn
6:00 PM Clambake
Harvard Faculty Club
20 Quincy St.
Cambridge, MA
THURSDAY, JULY 27:
8:30 AM Coffee and Doughnuts
9:00 AM JESS BENHABIB, New York University
STEPHANIE SCHMITT-GROHE, Rutgers University
MARTIN URIBE, University of Pennsylvania
10:00 AM Break
10:15 AM HAL COLE, Federal Reserve Bank of Minneapolis
LEE OHANIAN, UC, Los Angeles
Re-Examining the Contributions of Money and Banking Shocks to
the U.S. Great Depression*
11:15 AM Break
11:30 AM MARCO BASSETTO, Northwestern University
A Game Theoretic View of the Fiscal Theory of the Price Level
12:30 PM Lunch and Adjourn
SI 00 EFCE Program
Page four
FRIDAY, JULY 28:
8:30 AM Coffee and Doughnuts
9:00 AM CHARLES CARLSTROM, Federal Reserve Bank of Cleveland
TIMOTHY FUERST, Bowling Green Univeristy
Monetary Shocks, Agency Costs and Business Cycles
10:00 AM Break
10:15 AM ARGIA SBORDONNE, Rutgers University
An Optimizing Model of U.S. Wage and Price Dynamics
11:15 AM Break
11:30 AM BOYAN JOVANOVIC, New York University and NBER
PETER ROUSSEAU, Vanderbilt University and NBER
Technology and the Stock Market: 1885-1998
12:30 PM Lunch and Adjourn
7/10/00