NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.
SUMMER INSTITUTE 2002
Impulse and Propagation Mechanisms
Lawrence Christiano and Martin Eichenbaum, Organizers
Royal Sonesta Hotel
5 Cambridge Parkway
Cambridge, Massachusetts
July 22 - 26, 2002
PRELIMINARY PROGRAM
MONDAY, JULY 22:
12:00 PM Lunch
1:00 PM ROBERT KOLLMAN, University of Bonn
Monetary Policy Rules in the Open Economy:
Effects of Welfare and Business Cycles
2:00 PM BEN EDEN, University of Haifa
Sequential International Trade
3:00 PM Break
3:15 PM STEFANIE SCHMITT-GROHE, Rutgers University and NBER
MARTIN URIBE, University of Pennsylvania and NBER
Anticipated Ramsey Reforms and the Uniform Taxation Principle
The Role of International Financial Markets
4:15 PM Adjourn
TUESDAY, JULY 23:
12:00 PM Lunch
1:00 PM HAL COLE and LEE OHANIAN, UC, Los Angeles
Deflation, Real Wages and the International Great Depression:
A Productivity Puzzle
2:00 PM SHARON HARRISON, Barnard College
MARK WEDER, Humboldt University
Did Sunspot Forces Cause the Great Depressions
3:00 PM Break
3:15 PM MICHELLE ALEXOPOULOS, University of Toronto
The Effects of Policy Shocks in a Monetary Business Cycle Model with
Unemployment
SI02 EFCE program
page two
4:15 PM GAUTI EGGERTSSON, Princeton University
Committing to Being Irresponsible: Deficit Spending to Escape a Liquidity Trap
5:15 PM Adjourn
6:30 PM Group Dinner
Location to Be Announced
WEDNESDAY, JULY 24:
12:00 PM Lunch
1:00 PM DAVID ALTIG, Federal Reserve Bank of Cleveland
LAWRENCE CHRISTIANO and MARTIN EICHENBAUM,
Northwestern University and NBER
JESPER LINDE, Riksbank, Stockholm
An Estimated General Equilibrium Model for the Analysis of Monetary Policy
2:00 PM JORDI GALI, Universitat Pompeu Fabra and NBER
J. DAVID LOPEZ-SALIDO and JAVIER VALLES, Bank of Spain
Understanding the Effects of Fiscal Policy Shocks
3:00 PM Break
3:15 PM ANDREW LEVIN, Federal Reserve Board
JOHN WILLIAMS, Federal Reserve Bank of San Francisco
4:15 PM Adjourn
6:00 PM Clambake at the Harvard Faculty Club
20 Quincy Street
Cambridge, MA
THURSDAY, JULY 25:
12:00 PM Lunch
1:00 PM MARIOS ANGELETOS, MIT and NBER
Idiosyncratic Production Risk, Growth and the Business Cycle
2:00 PM STEFANIA ALBANESI, Bocconi University
The Time Consistency of Optimal Monetary Policy with Heterogeneous Agents
3:00 PM Break
3:15 PM CHUCK CARLSTROM, Federal Reserve Bank of Cleveland
TIM FUERST, Bowling Green University
VASSOU IOANNIDOU, Tilburg University
Imperfect Capital Markets and Nominal Wage Rigidities
4:15 PM Adjourn
SI02 EFCE program
page three
FRIDAY, JULY 26:
12:00 PM Lunch
1:00 PM MARCO BASSETTO, University of Minnesota
THOMAS SARGENT, Stanford University and NBER
Politics and Government Investment under the '1800s Rule
2:00 PM BILL DUPOR, University of Pennsylvania
Nominal Price Versus Asset Price Stabilization
3:00 PM Break
3:15 PM PAUL BEAUDRY, University of British Columbia and NBER
FRANCK PORTIER, IDEI
News, Stock Prices and Economic Fluctuations
4:15 PM Adjourn
7/9/02