Friday, February 22, 2008
Agenda Download (PDF – 34.7KB)
Agenda
| Friday, February 22 | |
| 8:10 A.M. | Continental Breakfast |
| 8:50 A.M. | Welcoming Remarks: Janet Yellen, Federal Reserve Bank of San Francisco |
| Morning Session Chair: John Williams, Federal Reserve Bank of San Francisco | |
| 9:00 A.M. | Monetary Policy Shifts and the Term Structure (PDF – 309 KB) |
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Presenter:
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Andrew Ang, Columbia Business School Jean Boivin, Institute of Applied Economics, Montreal Sen Dong, Lehman Brothers |
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Discussants:
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Giorgio Primiceri, Northwestern University Kenneth D. West, University of Wisconsin |
| 10:20 A.M. | Break |
| 10:40 A.M. | Housing Market Spillovers: Evidence from an Estimated DSGE Model (PDF – 437 KB) |
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Presenters:
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Matteo Iacoviello, Boston College Stefano Neri, Bank of Italy |
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Discussants:
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Tommaso Monacelli, Universitá Bocconi Jonas Fisher, Federal Reserve Bank of Chicago |
| 12:00 P.M. | Lunch — Market Street Dining Room, Fourth Floor |
| Afternoon Session Chair: Richard Dennis, Federal Reserve Bank of San Francisco | |
| 1:30 P.M. | Expectations, Real Exchange Rates, and Monetary Policy |
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Presenter:
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Michael B. Devereux, University of British Columbia Charles Engel, University of Wisconsin |
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Discussants:
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Jon Faust, Johns Hopkins University Michael Woodford, Columbia University |
| 2:50 P.M. | Break |
| 3:10 P.M. | Learning about Risk and Return: A Simple Model of Bubbles and Crashes (PDF – 2.08MB) |
| Presenter: | William Branch, University of California, Irvine George Evans, University of Oregon |
| Discussants: | Ken Kasa, Simon Fraser University Bruce Preston, Columbia University |
| 4:30 P.M. | Bond Positions, Expectations, and the Yield Curve (PDF – 378KB) |
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Presenter:
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Monika Piazzesi, Federal Reserve Bank of Minneapolis and University of Chicago Martin Schneider, Federal Reserve Bank of Minneapolis and NYU |
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Discussants:
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Pierre-Olivier Gourinchas, University of California, Berkeley Jonathan Wright, Federal Reserve Board |
| 6:00 P.M. | Reception – West Market Street Lounge, Fourth Floor |
| 7:00 P.M. | Dinner – Market Street Dining Room, Fourth Floor |
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Introduction:
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Janet Yellen, Federal Reserve Bank of San Francisco |
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Speaker:
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The Costs and Benefits of Deviating from the Systematic Component of Monetary Policy (PDF – 55KB) |
| John B. Taylor, Stanford University | |