JME-SNB-SCG Conference 2012, Gerzensee, October 19-20

Dirk Niepelt and Bob King organized the annual Journal of Monetary-Swiss National Bank Conference in Gerzensee. I went there to listen to the siw speakers of the day and a half conference. Lot of good economics.

Below is the program. Here is the site of the conference. (note that I took the photo on the left with my telephone on a saturday trip that we made in the mountains)

October 19, 2012

Session I, Chair: Dirk Niepelt, Study Center Gerzensee

Internal Debt Crises and Sovereign Defaults

Authors: Cristina Arellano and Narayana Kocherlakota, Federal Reserve Bank of Minneapolis

Discussants: Aleksander Berentsen, University of Basel and Cédric Tille, Graduate Institute for International and Development Studies

Coffee Break

Analyzing Fiscal Sustainability

Authors: Huixin Bi, Bank of Canada and Eric Leeper, Indiana University

Discussant: Craig Burnside, Duke University

Session II, Chair: Robert King, Boston University

The Economic Stimulus Payments of 2008 and the Aggregate Demand for Consumption

Authors: Christian Broda, University of Chicago and Jonathan A. Parker, Northwestern University

Discussants: Greg Kaplan, University of Pennsylvania and Jordi Galí, CREI, Universitat Pompeu Fabra

Coffee Break

The Social Value of Bank Capital and the Redistributive Effects of Financial Deregulation

Author: Anton Korinek, University of Maryland

Discussants: Robert Bichsel, Swiss National Bank and Jean-Charles Rochet, University Zurich


Dinner address by Fritz Zurbruegg, Member of the Governing Board, Swiss National Bank

October 20, 2012

Session III, Chair: Marcel Savioz, Swiss National Bank

A Reconciliation of SVAR and Narrative Estimates of Tax Multipliers

Authors: Karel Mertens, Cornell University and Morten Ravn, University College London

Discussants: Elmar Mertens, Board of Governors of the Federal Reserve System and

Matthew Shapiro, University of Michigan

Debt Maturity without Commitment

Author: Dirk Niepelt, Study Center Gerzensee

Discussant: Robert G. King, Boston University

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