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)
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)