A recent Atlanta Fed conference explored how monetary policy is transmitted in the context of a modern financial system now featuring the substantial presence of nonbanks and asset-backed securitization.
| Thursday, June 14 |
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"Expectations, Asset Prices, and Monetary Policy: The Role of Learning" Bill Dupor, Ohio State University |
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"Optimal Monetary Policy under Sudden Stops" Guido Lorenzoni, Massachusetts Institute of Technology |
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"The Bank Capital Channel of Monetary Policy" Jose Jorge, University of Porto |
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"Bank Core Deposits and the Mitigation of Monetary Policy" Jerry Dwyer, Federal Reserve Bank of Atlanta |
“Mortgage Markets, Collateral Constraints, and Monetary Policy: Do Institutional Factors Matter?”  Alessandro Calza, European Central Bank, Tommaso Monacelli, Bocconi University, and Livio Stracca, European Central Bank Discussant Andreas Lehnert, Federal Reserve Board |
| “Bank Geographic Diversification and Sensitivity of Lending to Monetary Shocks” Rocco Huang, University of Amsterdam Discussant Egan Zakrajsek, Federal Reserve Board |
| Friday, June 15 |
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The Financial Accelerator and the Credit Channel |
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"Asset-Price Driven Business Cycle and Monetary Policy" Karsten Jeske, Federal Reserve Bank of Atlanta |
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"Agency Conflicts, Asset Substitution, and Securitization" William Lang, Federal Reserve Bank of Philadelphia |
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"The Role of Interbank Markets in Monetary Policy: A Model with Rationing" |
