The Board’s Macroeconomic Model
Chris Erceg (Federal Reserve Board)
Discussant: Christopher Sims (Princeton)
Conference program
Open Macroeconomics Models and Policy Analysis
Co-sponsored with the University of Quebec and the Bank of Canada.
Program
The IMF’s Macroeconomic Model
Paolo Pesenti (International Monetary Fund)
Discussant: Lawrence Christiano (Northwestern)
The Bank of England’s Macroeconomic Model
Alasdair Scott (Bank of England)
Discussant: Gregor Smith (Queen’s)
A Structural Small Open Economy Model for Canada
Andrew Rennison (Bank of Canada), Stephen Murchison, Zhenhua Zhu
Discussant: Alexander Wolman (Federal Reserve Bank of Richmond)
Quantitative GE Models and Policy Analysis
Frank Smets (European Central Bank)
Discussants: Christopher Sims (Princeton), Lawrence Christiano (Northwestern), Alasdair Scott (Bank of England)
Real Exchange Rate Variability
Ariel Burstein (UCLA), Martin Eichenbaum (Northwestern) and Sergio Rebelo (Northwestern)
Discussant: Beverly Lapham (Queen’s)
Expenditure Switching vs. Real Exchange Rate Stabilization: Conflicting Objectives for Exchange Rate Policy
Michael Devereux (British Columbia) and Charles Engle
Discussant: André Kurmann (UQAM)
Optimal Taylor Rules for International Monetary Policy Cooperation
Steve Ambler (UQAM) Ali Dib, and Nooman Rebei
Discussant: Pedro Teles (Federal Reserve Bank of Chicago)
Designing Targeting Rules for International Monetary Policy Cooperation
Pierpaolo Benigno (NYU) and Gianluca Benigno
Discussant: Allan Head (Queen’s)
Fiscal Solvency for Small Open Economies with Incomplete Markets
Enrique Mendoza (Maryland) and Marcello Oviedo
Discussant: Craig Burnside (Virginia)