NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

 

Economic Fluctuations and Growth Research Meeting

Andrew Abel and Valerie Ramey, Organizers

 

July 19, 2003

 

Royal Sonesta Hotel

5 Cambridge Parkway

Cambridge, Massachusetts

 

PROGRAM

 

FRIDAY, JULY 18:

 

 

 6:30 PM

Reception and Dinner

 

Royal Sonesta Hotel

   

 

SATURDAY, JULY 19:

 

 

 8:30 AM

Continental Breakfast

 

 

 9:00 AM

LAURA VELDKAMP, INSEAD

 

Media Frenzies in Markets for Financial Information

 

 

 

Discussant:  JOHN LEAHY, New York University and NBER

 

 

10:00 AM

Coffee Break

 

 

10:30 AM

MARKUS BRUNNERMEIER, Princeton University

 

JONATHAN PARKER, Princeton University and NBER

 

Optimal Expectations

 

 

 

Discussant:  DAVID LAIBSON, Harvard University and NBER

 

 

11:30 AM

FATIH GUVENEN, University of Rochester

 

A Parsimonious Macroeconomic Model for Asset Pricing:

 

Habit Formation or Cross-Sectional Heterogeneity?

 

 

 

Discussant:  JOHN CAMPBELL, Harvard University and NBER

 

 

12:30 PM

Lunch

 

 

 1:30 PM

CHANG-TAI HSIEH, Princeton University and NBER

 

PETER KLENOW, Federal Reserve Bank of Minneapolis and NBER

 

Relative Prices and Relative Prosperity

 

 

 

Discussant:  SAMUEL KORTUM, University of Minnesota and NBER

 

 

 2:30 PM

Coffee Break

 

 

 3:00 PM

ROBERT HALL, Stanford University and NBER

 

Wage Determination and Employment Fluctuations

 

 

 

Discussant:  GAREY RAMEY, UC, San Diego

 

 

 4:00 PM

OLIVIER BLANCHARD, MIT and NBER

 

THOMAS PHILIPPON, MIT

 

The Decline of Rents, and the Rise and Fall of European Unemployment

 

 

 

Discussant:  JORDI GALI, CREI and NBER

 

 

 5:00 PM

Adjourn

 

 

 

 

5/16/03