Friday, November 18

Opening Remarks

• Lars Peter Hansen, Research Director, Becker Friedman Institute
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“Dealing with Maturity: Optimal Fiscal Policy with Long Bonds”

• Albert Marcet (Institut d'Anàlisi Econòmica - CSIC)
• Discussant: Mikhail Golosov (Princeton University)
• Paper (.pdf) » | Watch Video »

“Bond Price Movements and Fiscal Insurance”

• Sevin Yeltekin (Carnegie-Mellon University)
• Discussant: Emmanuel Farhi (Harvard University
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“Fiscal Policy and Unemployment”

• Stephen Coate (Cornell University)
• Discussant: Marco Bassetto (Federal Reserve Bank of Chicago)
• Paper (.pdf) » | Watch Video »

“Fiscal Policy in Debt-Constrained Economies”

• Manuel Amador (Stanford University)
• Discussant: Marco Battaglini (Princeton University)
• Paper (.pdf) » | Watch Video »

Saturday, November 19

“Fiscal Reform and Government Debt in Japan: A Neoclassical Perspective”

• Selahattin Imrohoroglu (University of Southern California)
• Discussant: Richard Rogerson (Princeton)
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“Credit Policy as Fiscal Policy”

• Deborah Lucas (MIT Sloan School of Business)
• Discussant: Lars Hansen (University of Chicago)
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“Clearing Up the Fiscal Multiplier Morass”

• Eric Leeper (Indiana University)
• Discussant: Timothy Cogley (New York University)
• Paper (.pdf) » | Watch Video »

“Managing a Liquidity Trap: Monetary and Fiscal Policy”

• Ivan Werning (MIT)
• Discussant: Karel Mertens (Cornell University)
• Paper (.pdf) » | Watch Video »

Panel: “The Fiscal Theory of the Price Level and its Implications for Current Policy in the United States and Europe”

• Tom Sargent, moderator (New York University)
• V.V. Chari (University of Minnesota)
• John Cochrane (Chicago Booth)
• Christopher Sims (Princeton University)
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