NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.



Economic Fluctuations and Growth Research Meeting

Ricardo Caballero and John Cochrane, Organizers



February 3, 2001



Federal Reserve Bank of San Francisco

101 Market Street

San Francisco, California



PROGRAM





SATURDAY, FEBRUARY 3:

8:30 AM Continental Breakfast



9:00 AM AART KRAAY, NORMAN LOAYZA, and

LUIS SERVEN, World Bank

JAUME VENTURA, MIT and NBER

Country Portfolios



Discussant: FERNANDO ALVAREZ, University of Chicago and NBER



10:00 AM Coffee Break



10:30 AM DOUGLAS DIAMOND, University of Chicago and NBER

RAGHURAM RAJAN, MIT and NBER

Liquidity Shortages and Banking Crises



Discussant: NOBUHIRO KIYOTAKI, London School of Economics and NBER



11:30 AM JEREMY GREENWOOD and

MEHMET YORUKOGLU, University of Rochester

ANANTH SESHADRI, University of Wisconsin

Engines of Liberation



Discussant: ROBERT GORDON, Northwestern University and NBER



12:30 PM Lunch



1:30 PM TOBIAS MOSKOWITZ and

ANNETTE VISSING-JORGENSEN, University of Chicago

The Private Equity Premium Puzzle

Discussant: DEBORAH LUCAS, Northwestern University and NBER



2:30 PM Coffee Break





3:00 PM HAROLD COLE and

LEE OHANIAN, UC, Los Angeles

New Deal Policies and the Persistence of the Great Depression:

A General Equilibrium Analysis

Discussant: ALAN STOCKMAN, University of Rochester and NBER



4:00 PM ELLEN MCGRATTAN and

EDWARD PRESCOTT, Federal Reserve Bank of Minneapolis and NBER

Taxes, Regulations, and Asset Prices



Discussant: ROBERT HALL, Stanford University and NBER



5:00 PM Adjourn









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