NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

 

MONETARY ECONOMICS PROGRAM MEETING

Laurence Ball and Justin Wolfers, Organizers

 

March 20, 2009

 

FEDERAL RESERVE BANK OF NEW YORK

33 Maiden Lane, 10 th Floor

New York, NY 10045

 

PROGRAM

 

THURSDAY, MARCH 19:

 

6:00 pm             Reception and Dinner

                        Federal Reserve Bank of New York

                        44 Maiden Lane, 1st Floor West Wing

                        New York, NY 10045

 

FRIDAY, MARCH 20:

 

8:30 am             Continental Breakfast

 

9:00 am             ATIF MIAN and FRANCESCO TREBBI , University of Chicago and NBER

                        AMIR SUFI, University of Chicago

                        The Political Economy of the U.S. Mortgage Default Crisis               

 

                        Discussant:       JUSTIN WOLFERS, University of Pennsylvania and NBER

 

10:00 am           Break

 

10:20 am           THOMAS PHILIPPON, New York University and NBER

                         PHILIPP SCHNABL, New York University

                         An Irrelevance Theorem for Bank Bailouts

                       

                        Discussant:       LUIGI ZINGALES, University of Chicago and NBER

 

11:20 am           Break

 

11:40 am           SIMON GILCHRIST, Boston University and NBER

                        VLADIMIR YANKOV, Boston University

                        EGON ZAKRAJSEK, Federal Reserve Board

                        Credit Market Shocks and Economic Fluctuations:                                                                 Evidence from Corporate Bond and Stock Markets

 

                        Discussant:       JON FAUST, John Hopkins University and NBER

 

12:40 pm           Lunch

 

1:40 pm             CARMEN REINHART, University of Maryland and NBER

                        KENNETH S. ROGOFF, Harvard University and NBER

                        Banking Crises: An Equal Opportunity Menace

 

                        Discussant:       RICARDO REIS, Columbia University and NBER

 

2:40 pm             Break

 

3:00 pm             JONATHAN PARKER and ANNETTE VISSING-JORGENSEN,                                                                                                                             Northwestern University and NBER

                        Who Bears Aggregate Fluctuations and How?

 

                        Discussant:       CHRISTOPHER CARROLL, John Hopkins University

                                                                                                                        and NBER

 

4:00 pm             OLIVIER BLANCHARD, International Monetary Fund

                        Thoughts on the Financial Crisis

 

5:00 pm             Adjourn

 

2/17/09