«New Developments in Business Cycle Analysis»

June 2, 2015

PROGRAM

• 08:30 – 09:00
  Inscription and coffee
  
  
• 09:00 - 10:00
  Aging and deflation: Japanese experience
  Shigeru Fujita (Federal Reserve Bank of Philadelphia) and Ippei Fujiwara (Keio University)
  Discussant: Marianna Kudlyak (Federal Reserve Bank of Richmond)
  
  
• 10:00 - 11:00
  Understanding the 30 year decline in business dynamism: A general equilibrium approach
  Fatih Karahan, Bejamin Pugsley and Aysegul Sahin (Federal Reserve Bank of New York)
  Discussant: Petr Sedlacek (University of Bonn) 
  
  
• 11:00 - 11:30
  Break 
  
  
• 11:30 - 12:30
  Keynote Address: Judging Cyclicality in Labor's Price and Demand
  Mark Bils, University of Rochester
  
  
• 12:30 - 13:30
  Lunch
  
  
• 13:45 - 14:45
  Financial heterogeneity and monetary union
  Simon Gilchrist (Boston University), Raphael Schoenle (Brandeis University), Jae Sim and Egon Zakrajsek(Federal Reserve Board of Governors)
  Discussant: Julien Bengui (Universite de Montreal) 
  
  
• 14:45 - 15:45
  Notes on the underground: monetary policy in resource-rich economies
  Andrea Ferrero (University of Oxford) and Martin Seneca (Bank of England)
  Discussant: David Arsenau (Federal Reserve Board of Governors) 
  
  
• 15:45 - 16:15
  Break 
  
  
• 16:15 - 17:15
  Estimating matching efficiency and variable search effort
  Andreas Hornstein and Marianna Kudlyak (Federal Reserve Bank of Richmond)
  Discussant: Daniela Hauser (Bank of Canada)
  
  
• 19:00
  Dinner: Le Local. Keynote Speaker: Paolo Pesenti (Federal Reserve Bank
  of New York)