NATIONAL BUREAU OF ECONOMIC RESEARCH

Seventeenth Annual Conference on Macroeconomics

Mark Gertler and Kenneth Rogoff, Organizers

April 5-6, 2002

The Royal Sonesta Hotel

5 Cambridge Parkway

Cambridge, MA

PRELIMINARY PROGRAM



FRIDAY, APRIL 5:

8:30 AM Continental Breakfast



9:00 AM NANCY STOKEY, University of Chicago

'Rules versus Discretion' after Twenty-Five Years

Discussants: PETER IRELAND, Boston College and NBER

LARS SVENSSON, Princeton University and NBER



10:30 AM Break



10:45 AM AART KRAAY, The World Bank

JAUME VENTURA, MIT and NBER

Foreign Assets as a Buffer Stock



Discussants: FABRIZIO PERRI, New York University

ERIC VAN WINCOOP, University of Virginia

12:15 PM Lunch



1:45 PM J. BRADFORD DELONG, UC, Berkeley and NBER

Productivity Growth in the 2000s



Discussants: SUSANTO BASU, University of Michigan and NBER

BOYAN JOVANOVIC, University of Chicago and NBER



3:15 PM Break



3:30 PM JAMES STOCK, Harvard University and NBER

MARK WATSON, Princeton University and NBER

Has the Business Cycle Changed and Why?



Discussants: JORDI GALI, CREI and NBER

ROBERT HALL, Stanford University and NBER

5:00 PM Adjourn



6:00 PM Group Dinner

Royal Sonesta Hotel



SATURDAY, APRIL 6:



8:30 AM Continental Breakfast



9:00 AM CHARLES ENGEL, University of Wisconsin and NBER

Expenditure Switching and Exchange Rate Policy



Discussants: KAREN LEWIS, University of Pennsylvania and NBER

PIERRE-OLIVIER GOURINCHAS, Princeton University and NBER



10:30 AM Break



11:00 AM ALBERTO ALESINA and ROBERT BARRO, Harvard University and NBER

SILVANA TENREYRO, Harvard University

Optimal Currency Areas



Discussants: RUDI DORNBUSCH, MIT and NBER

ANDREW ROSE, UC, Berkeley and NBER



12:30 PM Adjourn



3/7/02