| 13.00 – 14.00 | Mortgages and Monetary Policy Carlos Garriga, Federal Reserve Bank of St. Louis Finn Kydland, University of California—Santa Barbara Roman Sustek, Queen Mary University of London Discussant: Amir Kermani, University of California—Berkeley |
| 14.00 – 15.00 | The Transmission of Monetary Policy through Redistributions and Durable Purchases Vincent Sterk, University College London Silvana Tenreyro, London School of Economics Discussant: Carlos Garriga, Federal Reserve Bank of St. Louis |
| 15.00 – 15.30 | Break |
| 15.30 – 16.30 | Distributional Effects of Monetary Policy Matthias Doepke, Northwestern University Martin Schneider, Stanford University Veronika Selezneva, Northwestern University Discussant: Michael Kumhof, Bank of England |
| 16.30 – 17.30 | Monetary Policy and the Redistribution Channel Adrien Auclert, Princeton University Discussant: Makoto Nakajima, Federal Reserve Bank of Philadelphia |
| 9.00 – 10.00 | Inequality and Optimal Monetary Policy Dong-Whan Ko, Korea Information Society Development Institute Discussant: Pierre Monnin, Council on Economic Policies |
| 10.00 – 11.00 | The Power of Forward Guidance Revisited Alisdair McKay, Boston University Emi Nakamura, Columbia University Jon Steinsson, Columbia University Discussant: Marco Airaudo, Drexel University |
| 11.00 – 11.30 | Break |
| 11.30 – 12.30 | Optimal Monetary Policy with Heterogeneous Money Holdings Francesco Lippi, EIEF and University of Sassari Stefania Ragni, University of Sassari Nicholas Trachter, Federal Reserve Bank of Richmond Discussant: Fernando Martin, Federal Reserve Bank of St. Louis |
| 12.30 – 13.30 | Lunch |
| 13.30 – 14.30 | Real Balance Effects When the Nominal Interest Rate is Zero Anton Braun, Federal Reserve Bank of Atlanta Takemasa Oda, Bank of Japan Discussant: Joseph Haslag, University of Missouri—Columbia |
| 14.30 – 15.30 | Optimal Monetary Policy at the Zero Lower Bound Costas Azariadis, Washington University and Federal Reserve Bank of St. Louis James Bullard, Federal Reserve Bank of St. Louis Aarti Singh, University of Sidney Jacek Suda, Narodowy Bank Polski Discussant: Roger Farmer, University of California—Los Angeles |
