Friday, March 5, 2010
| Morning Session Chair: Eric Swanson, Federal Reserve Bank of San Francisco | ||
| 8:10 A.M. | Continental Breakfast | |
| 8:50 A.M. | Welcoming Remarks: Janet Yellen, Federal Reserve Bank of San Francisco |
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| 9:00 A.M. | Mark Gertler, New York University Nobuhiro Kiyotaki, Princeton University Financial Intermediation and Credit Policy in Business Cycle Analysis |
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| Discussant: | Lawrence Christiano, Northwestern University
Simon Gilchrist, Boston University |
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| 10:20 A.M. | Break | |
| 10:40 A.M. | Vasco Cúrdia, Federal Reserve Bank of New York Michael Woodford, Columbia University Conventional and Unconventional Monetary Policy |
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| Discussants: | Robert Hall, Stanford University (copy of presentation) Noah Williams, University of Wisconsin, Madison |
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| 12:00 P.M. | Lunch – Market Street Dining Room, Fourth Floor | |
| Afternoon Session Chair: Sylvain Leduc, Federal Reserve Bank of San Francisco | ||
| 1:15 P.M. | Paul Beaudry, Oxford University (copy of presentation) Amartya Lahiri, University of British Columbia Risk Allocation, Debt Fueled Expansion and Financial Crisis |
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| Discussants: | David Lopez-Salido, Federal Reserve Board of Governors (copy of presentation) Martin Schneider, Stanford University (copy of presentation) |
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| 2:35 P.M. | Break | |
| 2:50 P.M. | Moritz Schularick, Free University of Berlin Alan Taylor, University of California, Davis Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870-2008
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| Discussants:
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Pierre-Olivier Gourinchas, University of California, Berkeley Carmen Reinhart, University of Maryland (copy of presentation) |
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| 4:10 P.M. | Break | |
| 4:25 P.M. | Marco Del Negro, Federal Reserve Bank of New York Gauti Eggertsson, Federal Reserve Bank of New York Andrea Ferrero, Federal Reserve Bank of New York Nobuhiro Kiyotaki, Princeton University The Great Escape? A Quantitative Evaluation of the Fed’s Non-standard Monetary Policy |
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| Discussants: | James Hamilton, University of California, San Diego (copy of presentation) Zheng Liu, Federal Reserve Bank of San Francisco (copy of presentation) |
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| 5:45 P.M. | Reception – West Market Street Lounge, Fourth Floor | |
| 6:30 P.M. | Dinner – Market Street Dining Room, Fourth Floor Introduction: Janet Yellen, Federal Reserve Bank of San Francisco Speaker: Lars Svensson, Sveriges Riksbank (copy of presentation) |
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