Conference on Monetary Economics: Theory, History, and Policy - February 17-18, 2012
Conference to honor the contributions of Warren Weber, senior research officer of the Federal Reserve Bank of Minneapolis
Conference organizer: Will Roberds
Sponsored by the Federal Reserve Banks of Atlanta and Minneapolis
Federal Reserve Bank of Atlanta
Note: This conference is by invitation only.
Papers and Presentations
Friday, February 17
Dennis P. Lockhart, President, Federal Reserve Bank of Atlanta
Session chair: Pedro Silos, Federal Reserve Bank of Atlanta
"Could the United States Have Had a Better Central Bank: An Historical Counterfactual Speculation"
Presenter: Michael Bordo, Rutgers University Presentation
Discussant: Peter Rousseau, Vanderbilt University Presentation
"A Model of Commodity Money with Minting and Melting"
Presenter: Angela Redish, University of British Columbia Presentation
(Coauthor: Warren Weber)
Discussant: Valerie Bencivenga, University of Texas Presentation
Session chair: Tao Zha, Federal Reserve Bank of Atlanta
Presenter: Gary Gorton, Yale University Presentation
(Coauthor: Guillermo Ordoñez)
Discussant: Todd Keister, Federal Reserve Bank of New York Presentation
Session chair: Dave Altig, Federal Reserve Bank of Atlanta
Presenter: Dean Corbae, University of Wisconsin Presentation
(Coauthor: Pablo D'Erasmo)
Discussant: Charles Kahn, University of Illinois Presentation
"The Return of the Gibson Paradox"
Presenter: Thomas Sargent, New York University Presentation
(Coauthors: Timothy Cogley and Paolo Surico)
Discussant: Larry Christiano, Northwestern University Presentation
Session chair: Kei-Mu Yi, Federal Reserve Bank of Minneapolis
Presenter: Randall Wright, University of Wisconsin Presentation
(Coauthors: Césaire Meh and Jonathan Chiu)
Discussant: David Andolfatto, Federal Reserve Bank of St. Louis Presentation
"Idea Flows, Economic Growth, and Trade"
Presenter: Robert Lucas, University of Chicago Presentation
(Coauthors: Fernando Alvarez and Francisco Buera)
Discussant: Edward C. Prescott, Arizona State University and Federal Reserve Bank of Minneapolis
Dinner and after-dinner remarks
Narayana Kocherlakota, President, Federal Reserve Bank of Minneapolis
Saturday, February 18
Session chair: Toni Braun, Federal Reserve Bank of Atlanta
"Responding to a Shadow Banking Crisis: The Lessons of 1763"
Presenter: Stephen Quinn, Texas Christian University Presentation
(Coauthor: William Roberds)
Discussant: Ellis Tallman, Oberlin College and Federal Reserve Bank of Cleveland Presentation
Session chair: John Robertson, Federal Reserve Bank of Atlanta
"Optimal Inflation in a Model of Inside Money"
Presenter: Neil Wallace, Pennsylvania State University Presentation
(Coauthor: Alexei Deviatov)
Discussant: Ed Nosal, Federal Reserve Bank of Chicago Presentation
"Credit Markets, Limited Commitment, and Government Debt"
Presenter: Stephen Williamson, Washington University in St. Louis Presentation
Discussant: Francesca Carapella, Federal Reserve Board Presentation