NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.



MONETARY ECONOMICS PROGRAM MEETING



Simon Gilchrist and John Leahy, Organizers

November 1, 2002



NBER, Offices

2nd Floor Conference Room

1050 Massachusetts Avenue

Cambridge, Massachusetts

PRELIMINARY PROGRAM

THURSDAY, OCTOBER 31:



6:30 PM Dinner

Legal Sea Foods

Kendall Square

5 Cambridge Center

Cambridge, MA 02139

617/864-3400

FRIDAY, NOVEMBER 1:

8:00 AM Shuttle Van from the Royal Sonesta to NBER

8:30 AM Shuttle Van from the Royal Sonesta to NBER

8:30 AM Continental Breakfast



9:00 AM DARON ACEMOGLU, MIT and NBER

SIMON JOHNSON, MIT and NBER

JAMES ROBINSON, UC, Berkeley

Institutional Causes, Macroeconomic Symptoms: Volatility,

Crises and Growth

(Joint with Yunyong Thaicharoen, Bank of Thailand)

STEPHEN HABER, Stanford University and NBER



10:00 AM Break



10:30 AM TIMOTHY COGLEY, Arizona State University

THOMAS J. SARGENT, New York University and NBER

Drifts and Volatilities; Monetary Policies and Outcomes

in the Post WWII U.S.



Discussant: MARK WATSON, Princeton University and NBER



11:30 AM JEAN BOIVIN, Columbia University and NBER

MARC GIANNONI, Columbia University

Has Monetary Policy Become Less Powerful?



Discussant: CHARLES EVANS, Federal Reserve Bank of Chicago Over, please!

Monetary Economics Program, Page 2:

November 1, 2002



12:30 PM Lunch



1:30 PM ARIEL BURSTEIN, University of Michigan

Inflation and Output Dynamics with State Dependent Pricing Decisions

Discussant: ROBERT KING, Boston University and NBER

2:30 PM Break



3:00 PM PETER IRELAND, Boston College and NBER

Technology Shocks in the New Keynesian Model

Discussant: MILES KIMBALL, University of Michigan and NBER



4:00 PM N. GREGORY MANKIW, Harvard University and NBER

RICARDO REIS, Harvard University

What Measure of Inflation Should a Central Bank Target?



Discussant: PIERPAOLO BENIGNO, New York University

5:00 PM Adjourn





10/22/02