Agenda

Thursday 4 June 2009

8:00am	Continental Breakfast
8:45am	Welcoming Remarks: Ben Bernanke, Chairman, Federal Reserve Board
9:00am	Credit Spreads and Monetary Policy (643 KB)
	Authors:	Vasco Curdia and Michael Woodford
	Discussant:	John C. Williams
10:15am	Coffee Break
10:45am	Optimal Monetary Policy in a Model with Agency Costs (452 KB)
	Authors:	Charles Carlstrom, Timothy Fuerst, and Matthias Paustian
	Discussant:	Tommaso Monacelli Presentation (719 KB PDF)
12:00pm	Lunch Break
1:00pm	Financial Factors in Economic Fluctuations (2.9 MB PDF)
	Authors:	Lawrence Christiano, Roberto Motto, and Massimo Rostagno
	Discussant:	Christopher Sims Presentation (43 KB PDF)
2:15pm	Monetary Policy and the Equity Premium (301 KB)
	Authors:	Christopher Gust and David Lopez-Salido
	Discussant:	Michael Dotsey Presentation (164 KB PDF)
3:30pm	Coffee Break
4:00pm	Credit and Banking in a DSGE Model of the Euro Area (493 KB)
	Authors:	Andrea Gerali, Stefano Neri, Luca Sessa, and Federico Signoretti
	Discussant:	William English
5:15pm	Credit Risk and the Macroeconomy: Evidence from an Estimated DSGE Model (500 KB PDF)
	Authors:	Simon Gilchrist, Alberto Ortiz, and Egon Zakrajsek
	Discussant:	Marvin Goodfriend Presentation (101 KB PDF)
6:30pm	Reception
7:30pm	Dinner and Keynote Speech (for participants only)
	Speakers:	Lars Svensson, Deputy Governor, Sveriges Riksbank Presentation (221 KB PDF)

Friday 5 June 2009

8:00am	Continental Breakfast
9:00am	Inflation Expectations and Risk Premiums in an Arbitrage-Free Model of Nominal and Real Bond Yields (289 KB)
	Authors:	Jens Christensen, Jose Lopez, and Glenn Rudebusch
	Discussant:	Stanley Zin Presentation (750 KB PDF)
10:15am	Coffee Break
10:45am	Do Fundamentals Explain the International Impact of U.S. Interest Rates?  Evidence at the Firm Level (647 KB)
	Authors:	John Ammer, Clara Vega, and Jon Wongswan
	Discussant:	Marcel Fratzscher Presentation (219 KB PDF)
12:00pm	Lunch Break
1:00pm	Financial Deleveraging and the International Transmission of Shocks (211 KB)
	Authors:	Michael Devereux and James Yetman
	Discussant:	Paolo Pesenti Presentation (176 KB PDF)
2:15pm	Panel Discussion
	Moderator: Donald Kohn, Vice Chairman, Federal Reserve Board
	Panelists: Olivier Blanchard, Chief Economist, International Monetary Fund Mark Gertler, Henry and Lucy Moses Professor of Economics, New York University Eric Rosengren, President, Federal Reserve Bank of Boston Janet Yellen, President, Federal Reserve Bank of San Francisco
3:45pm	Adjournment