NATIONAL BUREAU OF ECONOMIC RESEARCH

Twenty-first Annual Conference on Macroeconomics

Daron Acemogu, Kenneth Rogoff and Michael Woodford, Organizers

April 7 and 8, 2006

The Royal Sonesta Hotel

Riverfront Room

5 Cambridge Parkway

Cambridge, MA

PRELIMINARY PROGRAM

FRIDAY APRIL 7:

8:30 am Continental Breakfast

9:00 am LAWRENCE CHRISTIANO and MARTIN EICHENBAUM, Northwestern University and NBER

ROBERT VIGFUSSON, Federal Reserve Board

Assessing Structural VARs

Discussants: PATRICK KEHOE, Federal Reserve Bank of Minneapolis and NBER

MARK WATSON, Princeton University and NBER

10:30 am Break

11:00 am STEVEN DAVIS, University of Chicago and NBER

JOHN HALTIWANGER, University of Maryland and NBER

RON JARMIN and JAVIER MIRANDA, U.S. Census Bureau

Volatility and Dispersion in Business Growth Rates: Publicly Traded versus Privately Held Firms

Discussants: CHRIS FOOTE, Federal Reserve Bank of Boston

EVA NAGYPAL, Northwestern University

12:30 pm Lunch – Parkview Room

2:00 pm LARS LJUNGQVIST, Stockholm School of Economics

THOMAS SARGENT, New York University and NBER

Indivisible Labor, Human Capital, Lotteries and Personal Savings: Do Taxes Explain European Unemployment?

Discussants: OLIVIER BLANCHARD, MIT and NBER

EDWARD PRESCOTT, Arizona State University and NBER

3:30 pm Break

4:00 pm TROY DAVIG, Federal Reserve Bank of Kansas City

ERIC LEEPER, Indiana University and NBER

Fluctuating Macro Polices and the Fiscal Theory

Discussants: JORDI GALI, MIT and NBER

CHRISTOPHER SIMS, Princeton University and NBER

5:30 pm Adjourn

6:00 pm Group Dinner

Parkview Room

Royal Sonesta Hotel

SATURDAY APRIL 8:

8:30 am Continental Breakfast

9:00 am MIKHAIL GOLOSOV, MIT and NBER

ALEH TSYVINSKI, Harvard University and NBER

IVAN WERNING, MIT and NBER

New Dynamic Public Finance: a User's Guide

Discussants: PETER DIAMOND, MIT and NBER

KENNETH JUDD, Stanford University and NBER

10:30 am Break

11:00 am MONIKA PIAZZESI, University of Chicago and NBER

MARTIN SCHNEIDER, Federal Reserve Bank of Minneapolis

Equilibrium Yield Curves

Discussants: PIERPAOLO BENIGNO, New York University and NBER

JOHN CAMPBELL, Harvard University and NBER

12:30 pm Adjourn

3/28/06