NATIONAL BUREAU OF ECONOMIC RESEARCH

Twenty-second Annual Conference on Macroeconomics

Daron Acemogu, Kenneth Rogoff and Michael Woodford, Organizers

March 30 and 31, 2007

The Royal Sonesta Hotel

40 Edwin H. Land Blvd.

Cambridge, MA

PRELIMINARY PROGRAM

FRIDAY MARCH 30:

8:30 am Continental Breakfast

9:00 am CHARLES ENGEL, University of Wisconsin and NBER

NELSON MARK, University of Notre Dame and NBER

KENNETH WEST, University of Wisconsin and NBER

Exchange-Rate Models Are Not As Bad As You Think

Discussants: KENNETH ROGOFF, Harvard University and NBER

BARBARA ROSSI, Duke University

10:30 am Break

11:00 am KIMINORI MATSUYAMA, Northwestern University

Aggregate Implications of Credit Market Imperfections

Discussants: MARK GERTLER, New York University and NBER

NOBUHIRO KIYOTAKI, Princeton University and NBER

12:30 pm Lunch

2:00 pm PHILIPPE AGHION, Harvard University and NBER

IOANA MARINESCU, University of Chicago

Cyclical Budgetary Policy and Economic Growth: What Do We Learn from OECD Panel Data

Discussants: RICARDO CABALLERO, MIT and NBER

ANIL KASHYAP, University of Chicago and NBER

3:30 pm ROBERTO PEROTTI, Universita' Bocconi and NBER

What Do We Know about the Effects of Fiscal Policy?

Discussants: RICARDO REIS, Princeton University and NBER

VALERIE RAMEY, UC, San Diego and NBER

5:30 pm Adjourn

6:00 pm Group Dinner

Royal Sonesta Hotel

SATURDAY MARCH 31:

8:30 am Continental Breakfast

9:00 am JESUS FERNANDEZ-VILLAVERDE, Duke University and NBER

JUAN RUBIO-RAMÍREZ, Duke University

How Structural Are Structural Parameters?

Discussants: TIMOTHY COGLEY, UC, Davis

FRANK SCHORFHEIDE, University of Pennsylvania and NBER

10:30 am Break

11:00 am FLORIN BILBIIE, University of Oxford

FABIO GHIRONI, Boston College and NBER

MARC MELITZ, Princeton University and NBER

Inflation, Markups and Monetary Policy with Endogenous Entry and Product Variety

Discussants: RUSSELL COOPER, University of Texas Austin and NBER

JULIO ROTEMBERG, Harvard University and NBER

12:30 pm Adjourn

2/15/07