NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

Economic Fluctuations and Growth Research Meeting

Erik Hurst and Matthew Shapiro, Organizers

July 17, 2010

Royal Sonesta Hotel

Grand Ballroom A

40 Edwin H. Land Boulevard

Cambridge, MA

Program

Friday, July 16:

6:30 pm Reception and Dinner - Riverfront Room

Saturday, July 17:

8:30 am Continental Breakfast

9:00 am Christopher Nekarda, Federal Reserve Board

Valerie Ramey, UC, San Diego and NBER

The Cyclical Behavior of the Price-Cost Markup

Discussant: Susanto Basu, Boston College and NBER

10:00 am Break

10:30 am Olivier Coibion, College of William and Mary

Yuriy Gorodnichenko, UC, Berkeley and NBER

Johannes Wieland, UC, Berkeley

The Optimal Inflation Rate in New Keynesian Models

Discussant: Jordi Gali, CREI and NBER

11:30 am Jeremy Stein, Harvard University and NBER

Monetary Policy as Financial-Stability Regulation

Discussant: Mark Gertler, New York University and NBER

12:30 pm Lunch – Grand Ballroom B

1:30 pm Raj Chetty, Harvard University and NBER

Bounds on Elasticities with Optimization Frictions: A Synthesis of Micro and Macro Evidence on Labor Supply

Discussant: Richard Rogerson, Arizona State University and NBER

2:30 pm Break

3:00 pm Jonathan Eaton, Pennsylvania State University and NBER

Sam Kortum, University of Chicago and NBER

Brent Neiman, University of Chicago and NBER

John Romalis, University of Chicago and NBER

Trade and the Global Recession

Discussant: Andrei Levchenko, University of Michigan and NBER

4:00 pm Charles Jones, Stanford University and NBER

Peter Klenow, Stanford University and NBER

Beyond GDP? Welfare across Countries and Time

Discussant: Mark Aguiar, University of Rochester and NBER

5:00 pm Adjourn

6/24/10