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Program: CIREQ Macro Conference

CIREQ Macro Conference / Colloque Macro du CIREQ
Recent Developments in Optimal Monetary Policy

Montréal, 24-25 mai/May 2007

Programme / Program


Jeudi 24 mai

Thursday, May 24


11:30 – 12:00

Bienvenue et inscriptions / Welcome and registrations

12:00 – 13:30

Déjeuner / Lunch


13:30 – 15:30

SESSION I
Présidente/Chair : Emanuela Cardia (CIREQ, Université de Montréal)

13:30 – 14:30

Michael Elsby (University of Michigan)
Evaluating the Economic Significance of Downward Nominal Wage Rigidity

Discussant: Gregor Smith (Queen’s University)

14:30 – 15:30

Jinill Kim (Federal Reserve Board, Washington), Francisco Ruge-Murcia (CIREQ, Université de Montréal)
How Much Inflation is Necessary to Grease the Wheels?

Discussant: Gauti Eggertsson (Federal Reserve Bank of New York)


15:30 – 16:00

Pause / Break


16:00 – 18:00

SESSION II
Président/Chair : André Kurmann (Université du Québec à Montréal)

16:00 – 17:00

Andrew Levin, David Lopez-Salido, Tack Yun (Federal Reserve Board)
Strategic Complementarities and Optimal Monetary Policy

Discussant: Stephanie Schmitt-Grohe (Duke University)

17:00 – 18:00

Martin Uribe, Stephanie Schmitt-Grohe (Duke University)
Comparing Two Variants of Calvo-Type Wage Stickiness

Discussant: Tack Yun (Board of Governors)


Vendredi 25 mai

Friday, May 25


08:00 – 08:30

Petit-déjeuner / Breakfast


08:30 – 10:30

SESSION III
Président/Chair : Jinill Kim (Federal Reserve Board, Washington)

08:30 – 09:30

Peter Ireland (Boston College)
Changes in the Federal Reserve’s Inflation Target: Causes and Consequences

Discussant: To be announced

09:30 – 10:30

Giorgio Primiceri (Northwestern University), Alejandro Justiniano (Board of Governors)
The Time Varying Volatility of Macroeconomic Fluctuations

Discussant: Jean Boivin (HEC Montréal)


10:30 – 11:00

Pause / Break


11:00 – 12:00

SESSION IV
President/Chair: Alessandro Riboni (Université de Montréal)

 

Constantino Hevia (University of Chicago)
Optimal Policy with Sudden Stops

Discussant: Margarida Duarte (University of Toronto)


12:00

Déjeuner et clôture / Lunch and adjourn

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