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Productivity Growth: A New Era? A Conference Sponsored by the Federal Reserve Bank of New York November 2, 2001
	7:30	Continental Breakfast
	8:00	Introductory Remarks William McDonough, President, Federal Reserve Bank of New York
	8:15	Session 1: Embodied Technical Progress Moderator: James Kahn, Federal Reserve Bank of New York Jason Cummins (Board of Governors of the Federal Reserve System), Giovanni Violante (University College, London), "Equipment-embodied technical change in the US (1947-99): Measurement and applications to growth accounting" 56 pages/652kb Discussant: Dan Sichel, Board of Governors of the Federal Reserve System Daniel Wilson (Federal Reserve Bank of San Francisco), Is embodied technology the result of upstream R&D? Industry level evidence 31 pages/278kb Discussant: John Fernald, Federal Reserve Bank of Chicago
	10:15	Break
	10:30	Session 2: Information Technology Moderator: Kevin Stiroh, Federal Reserve Bank of New York Mariana Mazzucato (Open University), Risk, Variety and Volatility in the PC Industry: New Economy or Early Life-Cycle? 69 pages/213kb Discussant: Jack Triplett, Brookings Institution Boyan Jovanovic (New York University and University of Chicago), Peter Rousseau (Vanderbilt University), Moore's Law and learning-by-doing 26 pages/868kb Discussant: Peter Howitt, Brown University
	12:30	Lunch
	1:45	Panel Discussion: The New Economy: Into the 21^st Century? Robert Hall (Stanford University) Robert Gordon (Northwestern University) Dale Jorgenson (Harvard University) Martin Baily (Institute for International Economics)
	2:45	Break
	3:00	Session 3: Economic Growth Moderator: Boyan Jovanovic, New York University and the University of Chicago Michael Pakko (Federal Reserve Bank of St. Louis), What happens when the technology growth trend changes? Transition dynamics and the 'new economy' 86 pages/500kb Discussant: Thomas Cooley, New York University Alessandra Colecchia, Paul Schreyer (Organization for Economic Co-operation and Development), ICT investment and economic growth in the 90's: Is the US a unique case? A comparative study of 10 OECD countries 29 pages/199kb Discussant: Bart Van Ark, University of Groningen and the Conference Board
	5:00	Adjournment

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