Price Dynamics

Feb. 17–18, 2011

Program

After authors present papers, discussants will speak for 15 minutes followed by 15 minutes of general discussion.

Thursday, February 17

1–2:10 p.m. “Pain at the Pump: The Effect of Gasoline Prices on New and Used Automobile Markets”
Florian Zettelmeyer, University of California Berkeley
Discussant: John Asker, New York University
2:10–2:30 p.m. Break
2:30–3:40 p.m. “The Rate of Pass Through Following Different Exchange Rate Shocks”
Raphael Auer, Swiss National Bank, and
Raphael Schoenle
, Brandeis University
Discussant: Anthony Landry, Federal Reserve Bank of Dallas
General discussion
3:40–4 p.m. Break
4–5:10 p.m. “Best Prices”
Judy Chevalier , Yale School of Management, and Anil Kashyap, University of Chicago
Discussant: Ariel Burstein, University of California Los Angeles
General discussion

Friday, February 18

8:30–9 a.m. Continental breakfast
9–10:10 a.m. “Contract Pricing in Consumer Credit Markets”
Liran Einav, Stanford University
Discussant: Amir Sufi, University of Chicago
General discussion
10:10–10:30 a.m. Break
10:30-11:40 a.m. “From Hyperinflation to Stable Prices: Argentina’s Evidence on Menu Cost Models”
Fernando Alvarez, University of Chicago
Discussant: Brent Neiman, University of Chicago
General discussion
11:40 a.m.–1 p.m. Lunch
1–2:10 p.m. “Menu Costs and Price Rigidities:  Micro Evidence”
Eric Anderson, Northwestern University, and Duncan Simester, Massachusetts Institute of Technology
Discussant: Jeff Campbell, Federal Reserve Bank of Chicago
General discussion
2:10–2:30 p.m. Break
2:30–3:40 p.m. “Prices Are Sticky After All”
Virgiliu Midrigan, New York University
Discussant: Eric Anderson , Northwestern University
General discussion
3:40–4 p.m. Break
4–5:10 p.m. “Exporters and Exchange Rates”
Doireann Fitzgerald, Stanford University
Discussant: Chad Syverson, University of Chicago
General discussion