The State of New Keynesian Economics: A Partial Assessment
Jordi Galí (Universitat Pompeu Fabra, CREI)
Conference program
Frontiers of Macroeconomics with Applications in China
Saturday, December 8, 2018
Papers from the Journal of Economic Perspectives, “The State of Macroeconomics”
What Happened: Financial Factors in the Great Recession.
Mark Gertler (NYU) and Simon Gilchrist (Boston University)
On DSGE Models
Lawrence J. Christiano (Northwestern) and Martin S. Eichenbaum (Northwestern)
with Mathias Trabandt (Freie Universitat Berlin).
Presentation
David Altig, Executive Vice President and Director of Research, Federal Reserve Bank of Atlanta
Identification in Macroeconomics
Emi Nakamura (Columbia University) and Jón Steinsson (Columbia University)
Incorporating Household Heterogeneity in Business Cycle Models
Greg Kaplan (University of Chicago) and Gianluca Violante (Princeton)
Finance Business Cycles: The Credit Driven Household Demand Channel
Atif Mian (Princeton) and Amir Sufi (University of Chicago, Booth)
Sunday, December 9, 2018
Tournament and Economic Growth
Wei Xiong (Princeton)
A Macroeconomic Model with Financial Panics
Mark Gertler (NYU)
With Nobu Kiyotaki (Princeton) and Andrea Prestipino (Board of Governors, Federal Reserve).
Discussant: Christiano (Northwestern)
Shadow Banking and the Four Pillars of Traditional Financial Intermediation
Emmanuel Farhi (Harvard)
With Jean Tirole (Toulouse).
Presentation
Jun Liu (UCSD)
Title not listed in the archived program.
Institutional Foundations of China's Growth
Chang-Tai Hsieh (University of Chicago, Booth)
With Zheng Song (CUHK) and Bai Chong-en (Tsinghua).
The Nexus of Monetary Policy and Shadow Banking in China
Tao Zha (Federal Reserve Bank of Atlanta)
With Kaiji Chen (Emory University) and Jue Ren (Texas Christian University).