THURSDAY, NOVEMBER 1:

6:00 PM Dinner

Legal Sea Foods Restaurant

Kendall Square

5 Cambridge Center

Cambridge, MA 02142

FRIDAY, NOVEMBER 2:

8:30 AM Continental Breakfast

9:00 AM LAWRENCE J. CHRISTIANO and MARTIN EICHENBAUM,

Northwestern University and NBER

CHARLES EVANS, Federal Reserve Bank of Chicago

Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy

Discussant: ALAN STOCKMAN, University of Rochester and NBER

10:00 AM Break

10:15 AM MICHAEL DOTSEY, Federal Reserve Bank of Richmond

ROBERT G. KING, Boston University and NBER

Pricing, Production, and Persistence

Discussant: JULIO ROTEMBERG, Harvard University and NBER

11:15 AM YACINE AIT-SAHALIA and JONATHAN A. PARKER,

Princeton University and NBER

MOTOHIRO YOGO, Harvard University

Luxury Goods and the Equity Premium

Discussant: ANNETTE VISSING-JORGENSEN, University of Chicago and NBER

12:15 PM Lunch

1:00 PM JORDI GALI, Universitat Pompeu Fabra and NBER

MARK GERTLER, New York University and NBER

J. DAVID LOPEZ-SALIDO, Bank of Spain

Markups, Gaps, and the Welfare Costs of Business Fluctuations

Discussant: SUSANTO BASU, University of Michigan and NBER Over, Please!

Monetary Economics Program Continued, Page 2:

2:00 PM Break

2:15 PM RICARDO J. CABALLERO, MIT and NBER

ARVIND KRISHNAMURTHY, Northwestern University

A"Vertical" Analysis of Crises and Central Bank Intervention

Discussant: ANDRES VELASCO, Harvard University and NBER

3:15 PM Break

3:30 PM CHRISTOPHER L. HOUSE, Boston University and NBER

Adverse Selection and the Accelerator

Discussant: JEREMY STEIN, Harvard University and NBER

4:30 PM Adjourn

10/31/01