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8:30 a.m. |
Continental breakfast |
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9:00 a.m. |
Deep Recessions, Fast Recoveries, and Financial Crises: Evidence from the American Record 
Michael Bordo, Rutgers University Joseph Haubrich, Federal Reserve Bank of Cleveland
Discussant: Ricardo Reis, Columbia University
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10:00 a.m. |
Coffee break |
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10:30 a.m. |
Macroeconomic Dynamics near the ZLB: A Tale of Two Equilibria 
Boragan Aruoba, University of Maryland Frank Schorfheide, University of Pennsylvania
Discussant: Saroj Bhattarai, Pennsylvania State University |
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11:30 a.m. |
Coffee break |
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12:00 p.m. |
Taxation, Redistribution, and Debt with Aggregate Shocks 
Mikhail Golosov, Princeton University Thomas Sargent, New York University
Discussant: Stefania Albanesi, Federal Reserve Bank of New York |
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1:00 p.m. |
Lunch
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Afternoon session |
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2:00 p.m. |
Banking, Liquidity and Bank Runs in an Infinite Horizon Economy 
Mark Gertler, New York University Nobuhiro Kiyotaki, Princeton University
Discussant: Aleh Tsyvinski, Yale University |
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3:00 p.m. |
Coffee break |
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3:30 p.m. |
Intermediary Leverage Cycles and Financial Stability 
Tobias Adrian, Federal Reserve Bank of New York Nina Boyarchenko, Federal Reserve Bank of New York
Discussant: Saki Bigio, Columbia Business School |
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4:30 p.m. |
Adjourn and Drinks at Pound and Pence |
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