Program
Thursday, September 29, 2005
| 2:00 p.m. |
Opening Remarks |
| 2:10 p.m. |
Modeling Inflation Dynamics: A Critical Survey of Recent Research |
| Authors: |
Jeremy B. Rudd, Federal Reserve Board
Karl Whelan, Central Bank and Financial Services Authority of Ireland
|
| Discussants: |
Laurence M. Ball, Johns Hopkins University
Bennett T. McCallum, Carnegie Mellon University
|
| 3:15 p.m. |
Speaker: Stanley Fischer, Governor of the Bank of Israel |
| 3:55 p.m. |
Coffee break |
| 4:10 p.m. |
A Quantitative Comparison of Sticky-Price and Sticky-Information Models of Price Setting |
| Author: |
Michael T. Kiley, Federal Reserve Board
|
| Pricing Models: A Bayesian DSGE Approach to the U.S. Economy |
| Author: |
Jean-Philippe Laforte, Federal Reserve Board
|
| Discussants: |
Mark Gertler, New York University
Christopher A. Sims, Princeton University
Frank Smets, European Central Bank
|
| 6:00 p.m. |
Reception |
| 6:30 p.m. |
Dinner |
| Speaker: Donald Kohn, Member of the Board of Governors of the Federal Reserve System
|
Friday, September 30, 2005
| 8:00 a.m. |
Breakfast
|
| 8:30 a.m. |
A Global Village without Borders? International Price Differentials at eBay |
| Author: |
Philipp Maier, De Nederlandsche Bank
|
| Discussants: |
Judith A. Chevalier, Yale University
John H. Rogers, Federal Reserve Board
|
| 9:35 a.m. |
Has Inflation Become Harder to Forecast? |
| Authors: |
James H. Stock, Harvard University
Mark W. Watson, Princeton University
|
| Discussants: |
Robert J. Gordon, Northwestern University
Matthew D. Shapiro, University of Michigan
|
| 10:40 a.m. |
Coffee break |
| 10:55 a.m. |
Benefits from U.S. Monetary Policy Experimentation in the Days of Samuelson and Solow and Lucas |
| Authors: |
Timothy Cogley, University of California, Davis
Riccardo Colacito, New York University
Thomas J. Sargent, New York University
|
| Discussants: |
James D. Hamilton, University of California, San Diego
Athanasios Orphanides, Federal Reserve Board
|
| 12:00 p.m. |
Lunch |
| Speaker: John B. Taylor, Professor of Economics at Stanford University
|
| 1:30 p.m. |
Price and Investment Dynamics: Theory and Plant Level Data |
| Authors: |
Charlotte Bucht, Ministry of Finance, Sweden
Nils Gottfries, Uppsala University
Tomas Lindstr�m, Skandinaviska Enskilda Banken
Magnus Lundin, Uppsala University
|
| Discussants: |
Mark Bils, University of Rochester
Simon G. Gilchrist, Boston University
|
| 2:35 p.m. |
Real Wage Rigidities and the New Keynesian Model |
| Authors: |
Olivier J. Blanchard, Massachusetts Institute of Technology
Jordi Galí, Centre de Recerca en Economia Internacional and
Massachusetts Institute of Technology
|
| Discussants: |
Robert E. Hall, Stanford University
Julio J. Rotemberg, Harvard University
|
| 3:40 p.m. |
Coffee break |
| 3:55 p.m. |
Panel Discussion: Understanding Price Determination:
Where Are We Now? Where Should We Be Going?
|
| Panelists: |
Robert E. Lucas, Jr., University of Chicago
N. Gregory Mankiw, Harvard University
Michael Woodford, Columbia University
|
| 5:00 p.m. |
Conference adjourns |
Attendance at the conference is by invitation only.
|
Washington, D.C. Skip to content