NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

SUMMER INSTITUTE 2002

Monetary Economics Workshop

Ben Bernanke, Organizer

Royal Sonesta Hotel

5 Cambridge Parkway

Cambridge, Massachusetts

July 15 - 19, 2002

PRELIMINARY PROGRAM

MONDAY, JULY 15:



12:00 N Lunch



1:00 PM EDWARD NELSON and KALIN NIKOLOV, Bank of England

Monetary Policy and Stagflation in the UK



2:00 PM Break



2:15 PM SEPPO HONKAPOHJA, University of Helsinki

KAUSHIK MITRA, University of London

Performance of Monetary Policy with Internal Central Bank Forecasting



3:15 PM Adjourn



TUESDAY, JULY 16:



12:00 N Lunch



1:00 PM GLENN RUDEBUSCH, Federal Reserve Bank of San Francisco

Assessing the Lucas Critique in Monetary Policy Models



2:00 PM Break



2:15 PM JON FAUST, ERIC SWANSON, and

JONATHAN WRIGHT, Federal Reserve Board of Governors

Does the Fed Possess Inside Information About the Economy?



3:15 PM Adjourn



WEDNESDAY, JULY 17:



12:00 N Lunch



1:00 THOMAS LUBIK, Johns Hopkins University

FRANK SCHORFHEIDE, University of Pennsylvania

Testing for Indeterminacy: An Application to U.S. Monetary Policy



SI02 ME program

page two



2:00 PM Break



2:15 PM PM RICHARD CLARIDA, Columbia University and NBER

JORDI GALI, Universitat Pompeu Fabra and NBER

MARK GERTLER, New York University and NBER

A Simple Framework for International Monetary Policy Analysis



3:15 PM Adjourn

6:00 PM Clambake

Harvard Faculty Club

20 Quincy Street

Cambridge, MA



THURSDAY, JULY 18:



12:00 N Lunch



1:00 PM MARK BILS, University of Rochester and NBER

PETER KLENOW, Federal Reserve Bank of Minneapolis and NBER

Some Evidence on the Importance of Sticky Prices



2:00 PM Break



2:15 PM JOHN DRISCOLL, Brown University and NBER

STEINAR HOLDEN, University of Oslo

Fair Treatment and Inflation Persistence



3:15 PM break



3:30 PM LAURENCE MEYER, Former Governor of the Federal Reserve Board

To Be Announced



4:30 PM Adjourn



FRIDAY, JULY 19:



12:00 N Lunch



1:00 PM ATHANASIOS ORPHANIDES, Federal Reserve Board of Governors

JOHN WILLIAMS, Federal Reserve Bank of San Francisco

Imperfect Knowledge, Inflation Expectations, and Monetary Policy



2:00 PM Break



2:15 PM BRUCE PRESTON, Princeton University

Monetary Policy and Learning



3:15 PM Adjourn



6/27/02