NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

 

SUMMER INSTITUTE 2008

 

Workshop on Methods and Applications for Dynamic Stochastic

General Equilibrium Models

 

Jesus Fernandez-Villaverde and Frank Schorfheide, Organizers

 

July 10 and 11, 2008

 

Royal Sonesta Hotel

Charles A

40 Edwin H. Land Boulevard

Cambridge, Massachusetts

 

PROGRAM

   

WEDNESDAY, JULY 9:

 

 

 6:00 pm

Clambake, Harvard Faculty Club, 20 Quincy Street, Cambridge, MA

   

 

THURSDAY, JULY 10:

 

 

12:00 n

Lunch

 

 

 1:00 pm

ROBERT HALL, Stanford University and NBER

 

Sources and Mechanisms of Cyclical Fluctuations in the Labor Market

 

 

 2:00 pm

MARTIN URIBE and STEPHANIE SCHMITT-GROHÉ, Duke University and NBER

 

What's ‘News’ in Business Cycles

 

 

 3:00 pm

Break

 

 

 3:30 pm

ZHENG LIU. Emory University,

 

DANIEL WAGGONER and TAO ZHA, Federal Reserve Bank of Atlanta

 

Has the Federal Reserve’s Inflation Target Changed?

 

 

 4:30 pm

ANDREW LEVIN, DAVID LOPEZ SALIDO and TACK YUN, Federal Reserve Board

 

Risk-Sensitive Monetary Policy

 

 

 5:30 pm

Adjourn

 

 

FRIDAY, JULY 11:

 

 

12:00 n

Lunch

 

 

 1:00 pm

CHRISTIAN JULLIARD, London School of Economics

 

Can Rare Events Explain the Equity Premium Puzzle?

 

 

 2:00 pm

FATIH GUVENEN, University of Minnesota and NBER

 

ANTHONY SMITH, Yale University

 

Inferring Labor Income Risk from Economic Choices: An Indirect Inference Approach

 

 

 3:00 pm

Break

 

 

 3:30 pm

OSCAR JORDÁ, UC, Davis

 

Simultaneous Confidence Regions for Impulse Responses

 

 

 4:30 pm

ROCHELLE EDGE, MICHAEL KILEY and JEAN-PHILIPPE LAFORTE, Federal Reserve Board

 

A Comparison of Forecast Performance Between Federal Reserve Staff Forecasts, Simple Reduced-Form Models, and a DSGE Model

 

 

 5:30 pm

Adjourn

 

 

 

 

 

 

 

 

 

 

4/29/08