All events are at the Federal Reserve Bank of St. Louis Gateway Conference Center.
| 8:30 – 9:30 | Continental Breakfast |
| 9:30 – 9:45 | Opening Remarks, James Bullard, President, Federal Reserve Bank of St. Louis |
| Session I | |
| 9:45 – 11:00 | Use It or Lose It: Efficiency Gains From Wealth TaxationPresenter: Fatih Guvenen (University of Minnesota)Coauthors: Daphne Chen, Gueorgui Kambourov, and Burhan Kuruscu Discussant: Maxim Troshkin (Cornell) |
| 11:00 – 11:15 | Coffee break |
| 11:15 - 12:30 | Intangible Capital and Measured ProductivityPresenter: Ellen McGrattan (University of Minnesota)Discussant: Berthold Herrendorf (Arizona State University) |
| 12:30 – 1:30 | Lunch |
| Session II | |
| 1:30 – 2:45 | Wholsesale Banking and Bank Runs in Macroeconomic Modelling of Financial CrisesPresenter: Nobuhiro Kiyotaki (Princeton University)Coauthors: Mark Gertler and Andrea Prespitino Discussant: Randall Wright (UW Madison) |
| 2:45 – 3:00 | Coffee break |
| 3:00 – 4:15 | Analyzing the Effects of Insuring Health Risks: On the Trade-Off between Short Run Insurance Benefits and Long Run Incentive CostsPresenter: Harold Cole (University of Pennsylvania)Coauthors: Soojin Kim, Dirk Krueger Discussant: Matthew Mitchell (University of Toronto) |
| 4:15 – 5:30 | Neoclassical Models of Business CyclesPresenter: Lee Ohanian (University of California, Los Angeles)Coauthors: Gary Hansen Discussant: Yongsung Chang (University of Rochester) |
| 5:30 - 6:30 | Reception |
| 6:30 | Dinner |
| 8:30 – 9:30 | Continental Breakfast |
| Session III | |
| 9:30 – 10:45 | The Chinese Savings Rate: Productivity, Old-Age Support, and DemographicsPresenter: Ayse Imrohoroglu (University of Southern California)Coauthors: Kai Zhao Discussant: Steven Lugauer (Notre Dame) |
| 10:45 – 11:00 | Coffee break |
| 11:00 - 12:15 | The Safety TrapPresenter: Emmanuel Farhi (Harvard University)Coauthors: Ricardo J. Caballero Discussant: Rodolfo Manuelli |
| 12:15 – 1:15 | Lunch |
| Session IV | |
| 1:15 – 2:30 | The Aggregate Implications of Regional Business CyclesPresenter: Erik Hurst (The University of Chicago)Coauthors: Martin Beraja and Juan Ospina Discussant: Paul Gomme (Concordia University) |
| 2:30 – 3:45 | Monetary Policy with 100% Fractional Reserve Banking: An ExplorationEdward Prescott |
| 3:45 | Adjourn |
