Financial Market Imperfections and Macroeconomics

I am here today:

Financial Market Imperfections and Macroeconomics Federal Reserve Bank of San Francisco 101 Market Street San Francisco, CA March 5, 2010

Morning Session Chair: Eric Swanson, Federal Reserve Bank of San Francisco
8:10 A.M.	Continental Breakfast
8:50 A.M.	Welcoming Remarks: Janet Yellen, Federal Reserve Bank of San Francisco
9:00 A.M.	Mark Gertler, New York University Nobuhiro Kiyotaki, Princeton University Financial Intermediation and Credit Policy in Business Cycle Analysis
	Discussant:	Lawrence Christiano, Northwestern University Simon Gilchrist, Boston University
10:20 A.M.	Break
10:40 A.M.	Vasco Cúrdia, Federal Reserve Bank of New York Michael Woodford, Columbia University Conventional and Unconventional Monetary Policy
	Discussants:	Robert Hall, Stanford University Noah Williams, University of Wisconsin, Madison
12:00 P.M.	Lunch – Market Street Dining Room, Fourth Floor
Afternoon Session Chair: Sylvain Leduc, Federal Reserve Bank of San Francisco
1:15 P.M.	Paul Beaudry, Oxford University Amartya Lahiri, University of British Columbia Risk Allocation, Debt Fueled Expansion and Financial Crisis
	Discussants:	David Lopez-Salido, Federal Reserve Board of Governors Martin Schneider, Stanford University
2:35 P.M.	Break
2:50 P.M.	Moritz Schularick, Free University of Berlin Alan Taylor, University of California, Davis Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870-2008
	Discussants:	Pierre-Olivier Gourinchas, University of California, Berkeley Carmen Reinhart, University of Maryland
4:10 P.M.	Break
4:25 P.M.	Marco Del Negro, Federal Reserve Bank of New York Gauti Eggertsson, Federal Reserve Bank of New York Andrea Ferrero, Federal Reserve Bank of New York Nobuhiro Kiyotaki, Princeton University The Great Escape? A Quantitative Evaluation of the Fed’s Non-standard Monetary Policy
	Discussants:	James Hamilton, University of California, San Diego Zheng Liu, Federal Reserve Bank of San Francisco
5:45 P.M.	Reception – West Market Street Lounge, Fourth Floor
6:30 P.M.	Dinner – Market Street Dining Room, Fourth Floor Introduction: Janet Yellen, Federal Reserve Bank of San Francisco Speaker: Lars Svensson, Sveriges Riksbank