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The conference will start at 8:30 a.m.
on October 19,
and end at
2:30 p.m. on October 20
HEC Montréal
3000 chemin de la Côte-Sainte-Catherine
Standard Life Room (1st Floor and
Amphitheater IBM - RC Floor)
Conference dinner
(On invitation)
Friday, October 19 at 6:30 p.m.
Program
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Conference |
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Business Cycles, International
Transmission
and Macroeconomic Policies |
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Organizers:
Jean Boivin,
Hafedh Bouakez, Michel Normandin and Nicolas Vincent
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Friday - October 19, 2007 - Standard
Life |
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8:30 - 10:00 : Pricing Behavior |
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Information-Constrained State-Dependent,
Pricing
Michael Woodford (Columbia University)
Discussant:
John Leahy (New York University)
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Endogenous Information Menu Costs and Inflation Persistence
Yuriy Gorodnichenko (University of California at
Berkeley)
Discussant: Nicolas Vincent (HEC Montréal)
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10:00 - 10:30 Pause |
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10:30 - 12:00 : Empirical Evidence on
Inflation and Prices |
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A
Measure of "Pure" Inflation
(with Ricardo Reis)
Mark Watson (Princeton University)
Discussant: Francisco Ruge-Murcia (University of Montréal)
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Rigid Prices: Evidence from US Scanner Data
Jeff Campbell (Federal Reserve Bank of Chicago)
Discussant: Oleksiy Kryvtsov (Bank of Canada)
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12:00 - 13:30 Lunch |
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13:30 - 15:00 : International Trade and
Asset Prices |
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International Trade in Durable Goods: Understanding
Volatility, Cyclicality, and Elasticities
(with Jian Wang)
Charles Engle (Unversity of
Wisconsin)
Discussant: Jonathan Heathcote (Federal Reserve Board)
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Leads, Lags and Logs: Asset Prices in Business Cycle
Analysis
(with Byran Routledge and Stanley Zin)
David Backus (New York University
Discussant: Paul Gomme (Concordia University)
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15:00 - 15:30 Pause |
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15:30 - 17:00 : Great Moderation |
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On the Sources of the Great Moderation
(with Luca
Gambetti)
Jordi Gali (Universitat Pompeu
Fabra and CREI)
Discussant: Sharon Kozicki (Bank of Canada)
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The Great Moderation and the US External Imbalances
(with Alessandra Fogli)
Fabrizio Perri (University of
Minnesota)
Discussant: André Kurman (UQAM)
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Saturday - October 20, 2007 - Standard
Life |
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8:30 - 10:00 : International |
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Optimal Pass-Through of Oil Prices
(with Nooman Rebei and Désiré Vencatachellum)
Hafedh Bouakez (HEC Montréal, Cirpée)
Discussant:
Paolo Pesenti (Federal Reserve Bank of New York)
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Financial Globalization and Monetary Policy
(with Alan Sutherland)
Michael Devereux (University of British Columbia)
Discussant: Sylvain Leduc (Federal Reserve Board)
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10:00 - 10:30 Pause |
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10:30 - 12:00 : Fiscal Policy |
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Is
It Is or Is It Ain't My Obligation? Regional Debt in a Fiscal Federation
Russell Cooper (University of Texas)
Discussant: Pierre Yared (Columbia University)
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In Search of the Transmission Mechanism
of Fiscal Policy
Roberto Perotti (Bocconi)
Discussant: Kevin Moran (Université Laval, CIRPÉE)
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12:00 - 13:00 Lunch |
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Saturday - October 20, 2007 -
Amphitheater IBM |
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13:00 - 14:30 : Panel on Monetary Policy |
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Presentation
Michel Patry (Director
of HEC Montréal)
Panel on Monetary Policy
Moderator:
Daniel Racette
(HEC Montréal)
Modern Central Banking: A Canadian Perspective
Les banques centrales modernes : une perspective
canadienne
Paul Jenkins
(Senior Deputy Governor,
Bank of Canada)
Headline versus Core Inflation in the Conduct of Monetary Policy
Frederic Mishkin
(Governor, Federal Reserve Board)
Notes on Monetary Policy
David Laidler
(University of Western Ontario)
Some Remarks on the Theory of Optimal Monetary
Policy
Marc Giannoni
(Columbia University)
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Last updated: October 22, 2007
© HEC Montréal, 2007.
All rights reserved. |
HEC Montréal |
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