New York Area Workshop on Monetary Policy

November 7, 2008
9:00 a.m. Continental breakfast
9:30 a.m.

Liquidity, Business Cycles and Monetary Policy pdf

Nobuhiro Kiyotaki, Princeton University
John Moore, Edinburgh University and London School of Economics

Discussant:
Gauti Eggertsson, Federal Reserve Bank of New York

10:40 a.m.

Coffee break

11:00 a.m.

Credit Frictions and Optimal Monetary Policy pdf

Vasco Curdia, Federal Reserve Bank of New York
Michael Woodford, Columbia University

Discussant:
Marvin Goodfriend, Carnegie-Mellon University

12:10 p.m.

Lunch

1:20 p.m.

Crises and Recoveries in an Empirical Model of Consumption Disasters

Robert J.Barro, Harvard University
Emi Nakamura, Columbia University
Jon Steinsson, Columbia University
Jose F. Ursua, Harvard University

Discussant:
Frank Schorfheide, University of Pennsylvania

2:30 p.m.

Coffee break

2:50 p.m.

Ratings Shopping and Asset Complexity: A Theory of Ratings Inflation pdf

Vasiliki Skreta, New York University
Laura Veldkamp, New York University, Stern School

Discussant:
Adam Ashcraft, Federal Reserve Bank of New York

4:00 p.m. Coffee break
4:20 p.m.

Regime Switches, Agents' Beliefs, and Post-World War pdf

Francesco Bianchi, Princeton University

Discussant:
TBA

5:30 p.m.

Adjourn

Workshop Location
Federal Reserve Bank of New York
13th Floor, Board Room
33 Liberty Street
New York, New York
Workshop Organizers
Argia Sbordone, Federal Reserve Bank of New York
Gauti Eggertsson, Federal Reserve Bank of New York
Contact
Please address any questions to:

Argia Sbordone, Federal Reserve Bank of New York
argia.sbordone@ny.frb.org

Gauti Eggertsson, Federal Reserve Bank of New York
gauti.eggertsson@ny.frb.org

Agenda for Previous Meeting ››