Conference jointly sponsored by the Bank of Canada, the Swiss National Bank, the Federal Reserve Bank of Cleveland, and the Federal Reserve Bank of Atlanta
Agenda
| Friday, November 16, 2012 | |
| Continental breakfast | |
| 9:00 | Welcome remarks David Altig, Senior Vice President and Director of Research, Federal Reserve Bank of Atlanta |
| Session 1 | |
| 9:05 | "Banking, Liquidity, and Bank Runs in an Infinite Horizon Economy"  Nobuhiro Kiyotaki, Princeton University Discussant: Steve Williamson, Washington University and Federal Reserve Bank of St. Louis |
| 10:05 | Coffee break |
| 10:20 | "Can a Transaction Tax or Capital Gains Tax Smooth House Prices?" Enzo Rossi, Swiss National Bank and University of Zurich Discussant: Mehmet Pasaogullari, Federal Reserve Bank of Cleveland |
| 11:20 | Coffee break |
| 11:30 | "A Quantitative Model of Banking Industry Dynamics" Dean Corbae, University of Wisconsin Discussant: John Rust, Georgetown University |
| Lunch | |
| Session 2 | |
| 1:45 | "A Macroeconomic Framework for Quantifying Systemic Risk" Zhiguo He, University of Chicago Discussant: Josef Schroth, Bank of Canada |
| 2:45 | Coffee break |
| 3:00 | "A General Equilibrium Model with Banks and Default on Loans" Tamon Takamura, Bank of Canada Discussant: Pablo D'Erasmo, University of Maryland |
| 4:00 | Coffee break |
| 4:30 | "The Macroeconomic Effects of Large-Scale Asset Purchase Programs" Andrea Ferrero, Federal Reserve Bank of New York Discussant: Marcel Savioz, Swiss National Bank |
| 6:00 | Conference dinner |
| Saturday, November 17, 2012 | |
| 8:30 a.m. | Continental breakfast |
| Session 3 | |
| 9:00 | "International Recessions" Vincenzo Quadrini, University of Southern California Discussant: Anastasios Karantounias, Federal Reserve Bank of Atlanta |
| 10:00 | Coffee break |
| 10:15 | "Inflation and Output in New Keynesian Models with a Transient Interest Rate Peg" Charles Carlstrom, Federal Reserve Bank of Cleveland Discussant: Alex Wolman, Federal Reserve Bank of Richmond |
| 11:15 | Coffee break |
| 11:30 | "Responding to a Shadow Banking Crisis: The Lessons of 1763" William Roberds, Federal Reserve Bank of Atlanta Discussant: James Chapman, Bank of Canada |
| 12:30 | Boxed lunch |
