NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.
International Seminar on Macroeconomics
Zvi Eckstein and Kenneth West, Organizers
Jeffrey Frankel and Francesco Giavazzi, ISOM Co-Chairs
June 13-14, 2003
CREI
Universitat Pompeu Fabra
Roger de Lluria Building (Room 40.252)
Barcelona, Spain
PROGRAM
FRIDAY, JUNE 13:
10:30 AM RICHARD BLUNDELL, University College London
LUIGI PISTAFERRI, Stanford University
IAN PRESTON, University College London
Consumption Inequality and Partial Insurance
Discussants: JOHN KENNAN, University of Wisconsin and NBER
JOSE-VICTOR RIOS-RULL, University of Pennsylvania and NBER
11:45 AM Break
12:00 PM ANDREAS HORNSTEIN, Federal Reserve Bank of Richmond
PER KRUSELL, University of Rochester and NBER
GIOVANNI VIOLANTE, New York University
The Replacement Problem in Frictional Economies: An Equivalence Result
Discussants: LARS LJUNGQVIST, Stockholm School of Economics
JOEL SHAPIRO, Universitat Pompeu Fabra
1:15 PM Lunch
2:45 PM DANNY QUAH, London School of Economics
HELEN SIMPSON, Institute for Fiscal Studies
Discussants: ALBERT MARCET, CREI, Universitat Pompeu Fabra
JAMES STOCK, Harvard University and NBER
4:00 PM Break
4:15 PM ADI BRENDER, Bank of Israel
ALLAN DRAZEN, Tel Aviv University and NBER
Where Does the Political Fiscal Cycle Really Come From?
Discussants: ALESSANDRA CASELLA, Columbia University and NBER
KENNETH ROGOFF, International Monetary Fund and NBER
5:30 PM Break
5:45 PM KOSUKE AOKI, CREI, Universitat Pompeu Fabra
KALIN NIKOLOV, Bank of England
Rule-Based Monetary Policy under Central Bank Learning
Discussants: FABIO CANOVA, Universitat Pompeu Fabra
V.V. CHARI, University of Minnesota and NBER
7:00 PM Adjourn
9:00 PM Dinner
Restaurant Can Sole
Sant Carles, 4-08003 Barcelona
phone 34-93-221-5012
SATURDAY, JUNE 14:
9:00 AM JAMES STOCK, Harvard University and NBER
MARK WATSON, Princeton University and NBER
Understanding Changes in International Business Cycle Dynamics
Discussants: DENISE OSBORN, University of Manchester
LUCREZIA REICHLIN, Université Libre de Bruxelles
10:15 AM NEVILLE FRANCIS, Lehigh University
VALERIE RAMEY, UC, San Diego and NBER
The Source of Historical Economic Fluctuations: An Analysis using Long-Run Restrictions
Discussants: SUSANTO BASU, University of Michigan and NBER
HARALD UHLIG, Humboldt University
11:30 AM Break
11:45 AM ANDREW ABEL, University of Pennsylvania and NBER
JANICE EBERLY, Northwestern University and NBER
Investment, Valuation, and Growth Options
Discussants: JOHN LEAHY, New York University and NBER
PLUTARCHOS SAKELLARIS, University of Maryland
1:00 PM Adjourn
2:00 PM Lunch
Restaurant Posit
Ramon Trias Fargas
2-08005 Barcelona
phone 34-93-224-0088
6/5/03