Authors,
please upload your paper here. |
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NATIONAL BUREAU OF ECONOMIC
RESEARCH, INC. |
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SUMMER INSTITUTE 2011 |
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Finance
and Macroeconomics Workshop |
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Andrew Metrick,
Jeremy C. Stein and David S. Scharfstein,
Organizers |
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July 15, 2011 |
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Royal Sonesta Hotel |
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Parkview |
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40 Edwin H. Land Boulevard |
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Cambridge, Massachusetts |
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PROGRAM |
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Friday,
July 15: |
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JOINT MEETING WITH THE MONETARY
ECONOMICS GROUP |
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8:00 am |
Coffee and Pastries |
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8:30 am |
Nicola Gennaioli, CREI |
Andrei Shleifer, Harvard University and NBER |
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Robert
W. Vishny, University of Chicago and NBER |
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Discussant:
Guillermo Ordonez, Yale University |
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9:20 am |
Javier
Bianchi, University of Maryland |
Enrique
G. Mendoza, University of Maryland and NBER |
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Overborrowing, Financial
Crises, and Macro-prudential Policy |
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Discussant: Martin
Oehmke, Columbia University |
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10:10 am |
Break |
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10:30 am |
Michael
Woodford, Columbia University and NBER |
Monetary Policy and Financial
Stability |
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Discussant: Emmanuel
Farhi, Harvard University and NBER |
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11:20 am |
Atif Mian,
University of California at Berkeley and NBER |
Amir
Sufi, University of Chicago and NBER |
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Francesco
Trebbi, University of British Columbia and NBER |
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Foreclosures, House Prices and the
Real Economy |
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Discussant: Parag Pathak,
Massachusetts Institute of Technology and NBER |
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12:10 pm |
Lunch |
1:10 pm |
PANEL
DISCUSSION: Macro-Prudential Regulation: The State of Play |
MODERATOR:
Anil Kashyap, University of Chicago and NBER |
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Stephen Cecchetti, Bank for International Settlements and NBER |
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Paul
Tucker, Bank of England |
Nellie
Liang, Federal Reserve Board |
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2:30 pm |
Break |
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2:50 pm |
Arvind Krishnamurthy, Northwestern
University and NBER |
Annette Vissing-Jorgensen, Northwestern University and NBER |
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The
Effects of Quantitative Easing on Interest Rates |
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Discussant:
Robin Greenwood, Harvard University |
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3:40 pm |
Viral V.
Acharya, New York University and NBER |
Itamar Drechsler,
New York University |
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Philipp Schnabl, New York University |
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A
Pyrrhic Victory? -- Bank Bailouts and Sovereign Credit Risk |
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Discussant:
Stijn Claessens,
International Monetary Fund |
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4:30 pm |
Adjourn |