09:30–10:30
Is there a Uniqueness Problem in the New Keynesian Model?
Larry Christiano (Northwestern University)
Discussant: Klaus Adam (Mannheim University)
Conference program
Macroeconomic Issues after the Crisis
Co-sponsored with the University of Mannheim, the Einaudi Institute for Economics and Finance, University College London, the University of Naples Federico II, and the Center for Studies in Economics and Finance.
Friday, June 16, 2017
Morning Session
11:00–12:00
Aggregate Demand Networks
Claudio Michelacci (EIEF)
Joint with Luigi Paciello and Andrea Pozzi.
Discussant: Luigi Iovino (Bocconi University)
12:00–13:00
On The Cyclicality of Gross Margins
Arlene Wong (FRB of Minneapolis and Princeton)
Joint with Eric Anderson and Sergio Rebelo.
Discussant: Pontus Rendahl (Cambridge University)
Afternoon Session
14:30–15:30
Neoclassical growth with long-term one-sided commitment contracts
Harald Uhlig (University of Chicago)
Joint with Dirk Krüger.
Discussant: Morten Ravn (University College London)
15:30–16:30
Fiscal Rules and Discretion in a World Economy
Pierre Yared (Columbia Business School)
Joint with Marina Halac.
Discussant: Facundo Piguillem (EIEF)
Saturday, June 17, 2017
Morning Session
09:30–10:30
Macroeconomic Fluctuations with HANK & SAM: an Analytical Approach
Morten Ravn (University College London)
Joint with Vincent Sterk.
Discussant: Xavier Ragot (Sciencespo)
11:00–12:00
The Missing Internal Devaluation Puzzle: Nominal and Real Adjustment to the Great Recession within the US
Giancarlo Corsetti (University of Cambridge)
Joint with Luca Dedola and Riccardo Trezzi.
Discussant: Juan Passadore (EIEF)
12:00–13:00
Monetary Policy and the Predictability of Nominal Exchange Rates
Martin Eichenbaum (Northwestern University)
Joint with Benjamin K. Johannsen and Sergio Rebelo.
Discussant: Gaetano Gaballo (European Central Bank)
Afternoon Session
14:30–15:30
The Mortgage Rate Conundrum
Giorgio Primiceri (Northwestern University)
Joint with A. Justiniano and A Tambalotti.
Discussant: Ethan Ilzetzki (London School of Economics)