October 11-12, 2012
All conference events will take place at the Federal Reserve Bank of St. Louis Gateway Conference Center, Sixth Floor
| 12:00-12:30 P.M. | Light lunch |
| 12:30-12:45 P.M. | Introductory remarks by Christopher Waller |
Session I | |
| 12:45-2:45 P.M. |
"Some Unpleasant Properties of Log-Linearized Solutions when the Nominal Interest Rate is Zero"
Presenter: Tony Braun, FRB Atlanta Coauthors: Yuichiro Waki, University of Queensland and Lena Koerber, London School of Economics |
|
"The Trend is the Cycle: Job Polarization and Jobless Recoveries"
Presenter: Nir Jaimovich, Duke University Coauthor: Henry Siu, University of British Columbia |
|
| 2:45-3:00 P.M | Coffee Break |
Session II | |
| 3:00-5:00 P.M. |
"Liquidity, Assets and Business Cycles"
Presenter: Shouyong Shi, University of Toronto |
|
"Spatial Equilibrium with Unemployment and Wage Bargaining: Theory and Evidence"
Presenter: Paul Beaudry, University of British Columbia Coauthors: David Green, University of British Columbia and Benjamin Sand, York University |
|
| 5:00-5:15 P.M. | Coffee Break |
Session III | |
| 5:15-6:15 P.M. |
"On the Social Usefulness of Fractional Reserve Banking"
Presenter: Chris Phelan, University of Minnesota and FRB Minneapolis Coauthor: V.V. Chari, University of Minnesota and FRB Minneapolis |
| 6:15-7:00 P.M. | Reception |
| 7:00 P.M. | Dinner with speech by James Bullard |
| 8:30-9:00 A.M. | Continental Breakfast |
Session I | |
| 9:00-11:00 A.M |
"Crisis and Commitment: Inflation Credibility and the Vulnerability to Sovereign Debt Crises"
Presenter: Mark Aguiar Princeton University Coauthors: Manuel Amador, Stanford, Gita Gopinath, Harvard, and Emmanuel Farhi, Harvard |
|
"The Market for OTC Credit Derivative"
Presenter: Pierre-Olivier Weill, UCLA Coauthors: Andy Atkeson, UCLA and Andrea Eisfeldt, UCLA |
|
| 11:00-11:15 A.M | Coffee Break |
Session II | 11:15-12:15 P.M. |
"Overborrowing, Financial Crises and 'Macro-prudential' Policy"
Presenter: Enrique Mendoza, University of Maryland Coauthor: Javier Bianchi, University of Wisconsin |
| 12:15-1:30 P.M. | Lunch |
Session III | 1:30-2:30 P.M. |
"Qualitative Easing: How it Works and Why it Matters"
Presenter: Roger Farmer, UCLA |
| 2:30-2:45 P.M. | Coffee Break |
Session IV | |
| 2:45-3:45 P.M. |
"Costly Labor Adjustment: Effects of China's Employment Regulations"
Presenter: Russ Cooper, European University Institute Coauthors: Guan Gong, Shanghai University and Ping Yan, Peking University |
| 3:45 P.M. | Adjourn |
follow @stlouisfed