Conference Agenda: Fiscal Policy and Monetary/Fiscal Policy Interactions - April 19-20, 2007

Sponsored by the Federal Reserve Bank of Atlanta and the Center for Applied Economics and Policy Research
Organized by Eric M. Leeper and Ellis W. Tallman

Federal Reserve Bank of Atlanta
April 19–20, 2007


Thursday, April 19, 2007
8:15 a.m. Registration and continental/buffet breakfast
8:45 Welcoming remarks
Dennis Lockhart, President, Federal Reserve Bank of Atlanta
9:00 Optimal Fiscal Feedback on Debt in an Economy with Nominal Rigidities
Tatiana Kirsanova and Simon Wren-Lewis, University of Exeter

James Nason, Federal Reserve Bank of Atlanta
10:00 Coffee break
10:30 Optimal Simple and Implementable Monetary and Fiscal Rules: Expanded Version
Stephanie Schmitt-Grohe and Martin Uribe, Duke University

John Williams, Federal Reserve Bank of San Francisco)
11:30 Housing and the Macroeconomy: The Role of Implicit Guarantees for Government-Sponsored Enterprises
Karsten Jeske, FRB Atlanta and Dirk Krueger,University of Pennsylvania

Brian Peterson, Indiana University
12:30 p.m. Buffet Lunch
2:00 On Policy Interactions Among Nations: When Do Cooperation and Commitment Matter?
Hubert Kempf, Sorbonne/Paris and Leopold von Thadden, European Central Bank

Dale Henderson, Board of Governors
3:00 Who Signs Banknotes and Why? Issues in Central Bank Finance
Peter Stella, International Monetary Fund

Chris Sims, Princeton University
4:00 Coffee break
4:30 Bond Positions, Expectations, and the Yield Curve
Monika Piazzesi, University of Chicago and Martin Schneider, New York University and the Federal Reserve Bank of Minneapolis

Jon Faust, Johns Hopkins University
5:45 Reception
6:30 Dinner

Friday, April 20, 2007
8:30 a.m. Continental/Buffet Breakfast
9:00 Foreign Official Institutions and the Market for U.S. Federal Agency Debt
W. Scott Frame and Ellis Tallman, Federal Reserve Bank of Atlanta

David Altig, Federal Reserve Bank of Cleveland
10:00 Coffee break
10:30 Panel Discussion: Prospective Fiscal Policies and Monetary Authority Responses

Chris Sims, Princeton University
Ken Wallis, University of Warwick
Frank Smets, European Central Bank
12:00 p.m. Buffet Lunch
1:30 Adjourn