THURSDAY, NOVEMBER 3:

7:00 PM Dinner

Royal Sonesta Hotel

5 Cambridge Parkway

Cambridge, MA

FRIDAY, NOVEMBER 4:

8:15 AM Shuttle Van Departs Royal Sonesta Hotel for 1050 Mass. Avenue

8:30 AM Shuttle Van Departs Royal Sonesta Hotel for 1050 Mass. Avenue

8:30 PM Continental Breakfast

9:00 AM GAUTI EGGERTSSON, Federal Reserve Bank of New York

Great Expectations and the End of the Great Depression

Discussant: HUGH ROCKOFF, Rutger University

10:00 AM Break

10:20 AM MICHAEL BORDO, Rutgers University and NBER

CHRISTOPHER ERCEG and ANDREW LEVIN, Federal Reserve Board

(Joint with Ryan Michaels)

Three Great American Disinflations

Discussant: FRANCOIS VELDE, Federal Reserve Bank of Chicago

11:20 AM Break

11:40 AM REFET GURKANAK, Bilkent University

ANDREW LEVIN, Federal Reserve Board

ERIC SWANSON, Federal Reserve Bank of San Francisco

Does Inflation Targeting Anchor Long-Run Inflation Expectations?

Evidence from Long-Term Bonds Yields in the U.S., U.K., and Sweden

Discussant: KENNETH KUTTNER, Oberlin College

12:40 PM Lunch

MONETARY ECONOMICS MEETING PROGRAM, PAGE 2:

1:40 PM TIMOTHY COGLEY, UC, Davis

ARGIA SBORDONE, Federal Reserve Bank of New York

A Search for a Structural Phillips Curve

Discussant: JEAN BOIVIN, Columbia University

2:40 PM Break

3:00 PM IGOR LIVSHITS and JAMES MACGEE, University of Western Ontario

MICHELE TERTILT, Stanford University

Accounting for the Rise in Consumer Bankruptcies

Discussant: STEPHEN ZELDES, Columbia University

4:00 PM LUTZ KILIAN, University of Michigan

Exogenous Oil Supply Shocks: How Big Are They and

How Much Do They Matter for the U.S. Economy?

Discussant: ANA MARIA HERRERA, Michigan State University

5:00 PM Adjourn

10/21/05