New York Area Workshop on Monetary Policy

May 6, 2005

The inaugural meeting of a workshop sponsored by the Federal Reserve Bank of New York and open to monetary policy researchers from the greater New York area.

Overview
The purpose of this workshop is to bring together academics and other researchers in the field of monetary economics to discuss a wide range of issues relevant to the conduct of monetary policy. Participants are encouraged to present both theoretical and empirical work.

The workshop will meet twice a year, in the spring and the fall.

Workshop Agenda
9:15 a.m. Continental breakfast
9:45 a.m.

A Phillips Curve with an Ss Foundation PDF

Mark Gertler
and John Leahy, NYU

Discussants:
Michael Woodford, Columbia University
Andrea Tambalotti, Federal Reserve Bank of New York

11:15 a.m.

Coffee break

11:30 a.m. Monetary Policy with Model Uncertainty: Distribution Forecast Targeting PDF

Lars Svensson and Noah Williams, Princeton University

Discussants:
Marvin Goodfriend, Federal Reserve Bank of Richmond
Pierpaolo Benigno, NYU and Columbia University

1:00 p.m.

Lunch

2:15 p.m. Were There Regime Switches in U.S. Monetary Policy? PDF

Chris Sims, Princeton University, and Tao Zha, Federal Reserve Bank of Atlanta

Discussants:
Mark Watson, Princeton University
Simon Potter
, Federal Reserve Bank of New York

3:45 p.m.

Coffee break

4:00 p.m.

DSGE Models in a Data-Rich Environment PDF

Jean Boivin
and Marc Giannoni, Columbia Business School

Discussants:
Jesús Fernández-Villaverde, University of Pennsylvania
Alexei Onatski, Columbia University and Federal Reserve Bank of New York

5:30 p.m. Adjourn

Workshop Location
Federal Reserve Bank of New York
10th Floor, Board Room
33 Liberty Street
New York, New York

Workshop Organizers
Argia Sbordone, Federal Reserve Bank of New York
Gauti Eggertsson, Federal Reserve Bank of New York

List of Participants MS Word

Contact
Please address any questions to:

Argia Sbordone, Federal Reserve Bank of New York
argia.sbordone@ny.frb.org

Gauti Eggertsson, Federal Reserve Bank of New York
gauti.eggertsson@ny.frb.org