Past Conferences
May 2-3, 2025
The Tepper School of Business, Carnegie Mellon University
Pittsburgh, PA
Focused on how the rapid rise of artificial intelligence (AI) as a technology is likely to be felt in multiple aspects of society. The goal was to provide research to inform policy makers on where this technology may have effects on the economy.
Day 1 Conference Sessions (May 2, 2025)
Session I
- The Impact of AI on Global Knowledge Work
Authors: Enrique Ide (IESE), Eduard Talamas (IESE)
Discussant: Daniel Rock (Wharton)
- The Effects of AI on the Future of Work and Production
Authors: Boyan Jovanovic (NYU), Peter Rousseau (Vanderbilt)
Discussant: Hugo Hopenhayn (UCLA)
- AI vs. Data Feedback Loops and Their Impact on Market Power
Authors: Roxana Mihet (UNIL), Kumar Rishabh (UNIL), Orlando Gomes (ISCAL)
Discussant: Ben Zhang (USC)
Session II
- Automated Credit Limit Increases and Consumer Welfare
Authors: Vitaly Bord (Federal Reserve Board), Agnes Kovacs (Kings College London),
Patrick Moran (Federal Reserve Board)
Discussant: Joel Flynn (Yale)
Job Creation and Destruction by A.I. and Equilibrium Labor Market Dynamics
Authors: Ping Wang (Washington University in St. Louis and NBER), Russel Wong (FRB
Richmond)
Discussant: Carter Braxton (Wisconsin)
Day 2 Conference Sessions (May 3, 2025)
Session III
- Socially Responsible Firms and the Rollout of Transformative Artificial Intelligence
Authors: Nils Lehr (IMF), Pascual Restrepo (Yale)
Discussant: Philip Bond (Washington)
- The Rise of AI Pricing: Trends, Driving Forces, and Implications for Firm Performance
Authors: Jonathan Adams (Florida), Min Fang (Florida), Zheng Liu (FRB San Francisco),
Yajie Wang (Missouri)
Discussant: Qiaochu Wang (New York University)
- Artificial Intelligence and Cognitive Inequality
Authors: Indira Puri (NYU Stern), Laura Veldkamp (Columbia GSB)
Discussant: Karthik Sastry (Princeton)
April 26-27, 2024
Stern School of Business, New York University
New York, NY
Focused on analyzing the drivers and consequences of labor market dynamics from the perspective of workers and households.
Day 1 Conference Sessions (April 26, 2024)
Session I
Chair: Aysegul Sahin
- The Alpha Beta Gamma of the Labor Market
Authors: Victoria Gregory, FRB Saint Louis; Guido Menzio, New York University and NBER; David Wiczer, Stony Brook University
Discussant: Richard Rogerson, Princeton
- Occupational Reallocation Within and Across Firms: Implications for Labor-Market Polarization
Authors: Toshihiko Mukoyama, Georgetown University; Naoki Takayama, Hitotsubashi University; Satoshi Tanaka, University of Queensland
Discussant: Sergio Salgado, University of Pennsylvania
- Heterogeneous Job Ladders
Authors: Katarína Borovičková, FRB Richmond; Claudia Macaluso, FRB Richmond
Discussant: Gregor Jarosch, Duke
Session II
Chair: Mariacristina de Nardi
- Joint Search over the Life Cycle
Authors: Annika Bacher, BI Oslo; Philipp Grübener, Goethe University Frankfurt; Lukas Nord, FRB Minneapolis
Discussant: Alessandra Fogli, FRB Minneapolis
- How to Fund Unemployment Insurance with Informality and False Claims:
Evidence from Senegal
Authors: Abdoulaye Ndiaye, New York University; Kyle Herkenhoff, University of Minnesota; Abdoulaye Cissé, UC Berkeley
Discussant: Serdar Birinci, FRB St. Louis
Day 2 Conference Sessions (April 27, 2024)
Session III
Chair: Gianluca Violante
- Preventative vs. Curative Medicine: A Macroeconomic Analysis of Health Care over the Life Cycle
Authors: Serdar Ozkan, FRB St. Louis
Discussant: Svetlana Pashchenko, University of Georgia
- Shaping Inequality and Intergenerational Persistence of Poverty: Free College, Better Schools or Generous Transfers?
Authors: Dirk Krueger, University of Pennsylvania; Alexander Ludwig, Goethe University Frankfurt; Irina Popova, University of Bonn
Discussant: Veronica Guerrieri, University of Chicago
- Time-Averaging and Taxation
Authors: Hans A. Holter, University of Delaware; Lars Ljungqvist, New York University; Thomas J. Sargent, New York University; Serhiy Stepanchuk, University of Southampton
Discussant: Richard Blundell, University College London
November 11-12, 2022
Virtual
Papers presented at the 2022 Carnegie-Rochester-NYU conference explored the consequences of interconnectedness among firms, households, and countries for the resilience of economies and macroeconomic stabilization policies.
Day 1 Conference Sessions (November 11, 2022)
Session I
- Business Cycle Asymmetry and Input-Output Structure: The Role of Firm-to-Firm Networks
Authors: Jorge Miranda-Pinto (Central Bank of Chile), Alvaro Silva (University of Maryland), Eric R. Young (University of Virginia)
Discussant: Saki Bigio, UCLA
Session II
- Propagation of Shocks in An Input-Output Economy: Evidence From Disaggregated Prices
Authors: Shaowen Luo (Virginia Tech), Daniel Villar (Federal Reserve Board of Governors)
Discussant: Hassan Afrouzi, Columbia University
Session III
- Stress Relief?: Financial Structures and Resilience to the Covid Shock
Authors: Kristin Forbes (MIT Sloan, NBER, and CEPR), Christian Friedrich (Bank of Canada and CEPR), Dennis Reinhardt (Bank of England)
Discussant: Bernard Herskovic, UCLA
Session IV
Information Frictions and Real Rigidities in Production Networks
Authors: Thomas Pellet (Northwestern University), Alireza Tahbaz-Salehi (Northwestern University and CEPR)
Discussant: Luigi Iovino, Bocconi University
Day 2 Conference Sessions (November 12, 2022)
Session I
- Coordinated Firm-Level Work Processes and Macroeconomic Resilience
Authors: Moritz Kuhn (University of Bonn), Jinfeng Luo (University of Pennsylvania), Iourii Manovskii (University of Pennsylvania), Xincheng Qiu (University of Pennsylvania)
Discussant: Benjamin Pugsley, University of Notre Dame
Session II
- Trade and Diffusion of Embodied Technology: An Empirical Analysis
Authors: Stephen Ayerst (International Monetary Fund), Faisal Ibrahim (University of Toronto), Gaelan MacKenzie (Bank of Canada), Swapnika Rachapalli (UBC Sauder)
Discussant: Simone Lenzu, NYU Stern
November 12-13, 2021
Virtual
Papers presented at the 2021 Carnegie-Rochester-NYU conference explored how to remove impediments to economic mobility and ensuring fair access to economic opportunities is a central concern for citizens and policymakers. This conference features research papers that analyze the causes, consequences, and policy implications of barriers to mobility across the income and wealth distribution.
Day 1 Conference Sessions (November 12, 2021)
Session I
- What is the Source of the Intergenerational Correlation in Earnings?
Authors: George-Levi Gayle (Washington University), Limor Golan (Washington University), Mehmet A. Soytas (Ozgeyin University)
Discussant: Corina Boar (New York University)
Session II
- Intergenerational Mobility Begins Before Birth
Authors: Ananth Seshadri (University of Wisconsin), Anson Zhou (University of Wisconsin)
Discussant: Martha Bailey (UCLA)
Session III
- Students’ Heterogeneous Preferences and the Uneven Spatial Distribution of Colleges
Authors: Chao Fu (University of Wisconsin), Junjie Guo (University of Wisconsin), Adam J. Smith (University of Wisconsin), Alan Sorensen (University of Wisconsin)
Discussant: Adam Kapor (Princeton University)
Session IV
Homeownership Segregation
Authors: Nirupama Kulkarni (CAFRAL), Ulrike Malmendier (University of California-Berkeley)
Discussant: Raven Molloy (Board of Governors, Federal Reserve)
Day 2 Conference Sessions (November 13, 2021)
Session I
- Female Entrepreneurship and Financial Frictions
Authors: Marta Morazzoni (UPF), Andrea Sy (UPF)
Discussant: Pete Klenow (Stanford University)
Session II
- Technical Change and the Demand for Talent Power
Authors: Julieta Caunedo (Cornell University), Elisa Keller (University of Exeter)
Discussant: Sophie Osotimehin (University of Quebec at Montreal)
November 13-14, 2020
Virtual
Papers presented at the 2020 Carnegie-Rochester-NYU conference explored how globalization and technical advances are restructuring markets, contributing to increased concentration and the rise of superstar firms. This conference seeks proposals exploring the macroeconomic and policy implications of market power in the twenty-first century.
Day 1 Conference Sessions (November 13, 2020)
Session I
- Government Policies in a Granular Global Economy
Authors: Cecile Gaubert (Berkeley), Oleg Itskhoki (UCLA), and Maximilian Vogler (Princeton)
Discussant: Ezra Oberfield (Princeton)
Session II
- Concentration in International Markets: Evidence from US Imports
Authors: Alessandra Bonfiglioli (Queen Mary University of London & CEPR), Rosario Crinò (Università Cattolica del Sacro Cuore, CEPR & CESifo), and Gino Gancia (Queen Mary University of London & CEPR)
Discussant: Stephen Redding (Princeton)
Session III
- The Dynamic Effects of Antitrust Policy on Growth and Welfare
Authors: Laurent Cavenaile (University of Toronto), Murat Alp Celik (University of Toronto),
and Xu Tian (University of Toronto)
Discussant: Thomas Phillipon (NYU Stern)
Session IV
- Market Concentration, Firm Heterogeneity, and Search Complementarities
Authors: Jesús Fernández-Villaverde (University of Pennsylvania), Federico Mandelman (Federal Reserve Bank of Atlanta), Yang Yu (Shanghai University of Finance and Economics), and Francesco Zanetti (Uni- versity of Oxford)
Discussant: Michael Peters (Yale)
Day 2 Conference Sessions (November 14, 2020)
Session I
- Some Unpleasant Markup Arithmetic: Production Function Elasticities and their
Estimation from Production Data
Authors: Steve Bond (University of Oxford), Arshia Hashemi (University of Chicago),
Greg Kaplan (University of Chicago & NBER), and Piotr Zoch (University of Chicago)
Discussant: Jan De Loecker (KU Leuven, NBER, & CEPR)
Session II
- Monetary Policy, Customer Capital, and Market Power
Authors: Monica Morlacco (USC) and David Zeke (USC)
Discussant: François Gourio (Federal Reserve Bank of Chicago)
Session III
- Regulation and Security Design in Concentrated Markets
Authors: Ana Babus (Washington University in St. Louis & CEPR) and Kinda Hachem (University of Virginia & NBER)
Discussant: Marzena Rostek (University of Wisconsin)
Session IV
- Low Interest Rates, Deposit Market Power, and Bank Risk-Taking
Authors: Toni M. Whited (University of Michigan & NBER), Yufeng Wu (University of Illinois), and Kairong Xiao (Columbia University)
Discussant: Skander Van den Heuvel (Federal Reserve Board)
November 15-16, 2019
Pittsburgh, PA
Labor migration is a central concern for citizens, policymakers, and businesses in both origin and destination countries. CRNYU Fall 2019 explored the implications of migration policy for growth, inequality, and welfare.
Papers presented analyzed the consequences of emigration for economies in the midst of debt crises, the implications of the recent wave of Syrian refugees for Germany’s economy, the impact of work visa policy on authorized immigration into the U.S., and the role of rural to urban migration in driving Chinese growth. Other contributions examined foundational issues in the design and evaluation of migration policy.
Day 1 Conference Sessions (November 15, 2019)
Session I: Macroeconomic Impacts of Migration
Chair: Ali Shourideh
- Migration and Sovereign Default Risk
Authors: George Alessandria (University of Rochester), Yan Bai (University of Rochester), and Minjie Deng (University of Rochester)
Discussant: Pablo Guerron (Boston College)
- Should Germany Build a New Wall? Macroeconomic Lessons from the 2015-20(?) Refugee Wave
Authors: Christopher Busch (MOVE, Universitat Autònoma de Barcelona), Zainab Iftikhar (University of Frankfurt), Dirk Krueger (University of Pennsylvania), Alexander Ludwig (University of Frankfurt) and Irina Popova (University of Frankfurt)
Discussant: Tommaso Porzio (University of California San Diego)
Session II: Migration Policy Design: Theory and Evidence
Chair: Chris Sleet
- What is the Optimal Immigration Policy? Migration, Jobs, and Welfare
Authors: Joao Guerreiro (Northwestern University), Sergio Rebelo (Northwestern University) and Pedro Teles (Universidade Católica Portuguesa)
Discussant: Ali Shourideh (Carnegie Mellon University)
- The Effect of Increased Work Visas on Unauthorized Immigration
Authors: Brian K. Kovak (Carnegie Mellon University) and Rebecca Lessem (Carnegie Mellon University)
Discussant: Kelly Bishop (Arizona State University)
Day 2 Conference Sessions (November 16, 2019)
Session III: Internal Migration and Development
Chair: Laurence Ales
- The Effect of Migration Policy on Growth, Structural Change, and Regional Inequality in China
Authors: Tongtong Hao (University of Toronto), Ruiqi Sun (Tsinghua University), Trevor Tombe (University of Calgary) and Xiaodong Zhu (University of Toronto)
Discussant: Jessica Leight (American University)
- Migration Policy and Observational Returns to Rural-Urban Migration in the Developing World
Authors: David Lagakos (University of California San Diego), Samuel Marshall (Yale University), Ahmed Mushfiq Mobarak (Yale University), Corey Vernot (Yale University) and Michael E. Waugh (New York University)
Discussant: Todd Schoellman (Minneapolis Federal Reserve)
November 9-10, 2018
Pittsburgh, PA
Papers presented at the 2018 Carnegie-Rochester-NYU conference explored the implications of corporate tax reform for entrepreneurial activity and investment, the impact of state tax exemption reform on the location choices of top earners, and the disparate impact of federal tax hikes across states. The papers presented at the conference will be published in the July 2019 issue of the Journal of Monetary Economics.
Day 1 Conference Sessions (November 9, 2018)
Session I
Chair: Christopher Sleet
- Loss-Offset Provisions in the Corporate Tax Code and the Misallocation of Capital
Authors: Baris Kaymak and Immo Schott
Discussant: Venky Venkateswaran
- Heads I Win, Tails You Loose: Asymmetric Taxes, Risk Taking and Innovation
Authors: James Albertus, Brent Glover, Oliver Levine
Discussant: Eva Carceles
Session II
Chair: Ali Shourideh
- The Impact of the Tax Cut and Jobs Act on the Spatial Distribution of High Productivity Households
Authors: Daniele Coen-Pirani and Holger Sieg
Discussant: Rebecca Lessem
- State Level Implications of Federal Tax Policies
Authors: Chang Liu and Noah Williams
Discussant: Karel Mertens
Day 2 Conference Sessions (November 10, 2018)
Session III
Chair: Laurence Ales
- Reviving American Entrepreneurship? Tax Reform and Business Dynamism
Authors: Petr Sedlacek and Vincent Sterk
Discussant: Gian Luca Clementi
- Taxation and the Life-Cycle of Firms
Authors: Andres Erosa and Beatrix Gonzalez
Discussant: Sebastian Dyrda
November 10-11, 2017
Pittsburgh, PA
Day 1 Conference Sessions (November 10, 2017)
Session I
Chair: Sevin Yeltekin
- Computerizing Industries and Routinizing Jobs: Explaining Trends in Aggregate Productivity
Authors: Peter Sangmin Aum, Sang Yoon (Tim) Lee, Yongseok Shin
Discussant: Matthias Kehrig
- Short-Run Pain, Long-Run Gain? Recessions and Technological Transformation
Authors: Alexandr Kopytov, Nikolai Roussanov and Mathieu Taschereau-Dumouche
Discussant: Henry Siu
Session II
Chair: Christopher Sleet
- New Technologies and the Labor Market
Authors: Enghin Atalay, Phai Phongthiengtham, Sebastian Sotelo and Daniel Tannenbaum
Discussant: Brad Hershbein
Big and Bigger: Big Data in Finance and the Growth of Large Firms
Authors: Juliane Begenau, Maryam Farboodi and Laura Veldkamp
Discussant: Bryan Routledge
Day 2 Conference Sessions (November 11, 2017)
Session III
Chair: Burton Hollifield
- Why Has I.T. Grown? Structural Transformation and the Rise of Information Technology
Authors: Giovanni Gallipoli and Christos A. Makridis
Discussant: Benjamin Pugsley
- Should We Fear the Robot Revolution?
Authors: Andrew Berg, Ed Buffie, Felipe Zanna
Discussant: Doug Hanley
November 11-12, 2016
Pittsburgh, PA
Day 1 Conference Sessions (November 11, 2016)
Session I
Chair: Marvin Goodfriend
- The Global Rise of Corporate Saving
Authors: Peter Chen, Loukas Karabarbounis and Brent Neiman
Discussant: Andrea Eisfeldt
- Bank Liabilities Channel
Authors: Vincenzo Quadrini
Discussant: Egon Zakrajsek
Session II
Chair: Burton Hollifield
- Network Reactions to Banking Regulations
Authors: Selman Erol and Guillermo Ordonez
Discussant: Maryam Farboodi
- Liquidity Regulation, Extended Repo, and the Real Economy
Authors: Franklin Allen and Douglas Gale
Discussant: Douglas Diamond
Day 2 Conference Sessions (November 12, 2016)
Session III
Chair: Sevin Yeltekin
- Redemption Risk and Procyclical Cash Hoarding by Asset Managers
Authors: Stephen Morris, Ilhyock Shim and Hyun Song Shin
Discussant: Itay Goldstein
- Dealer Balance Sheets and Bond Liquidity Provision
Authors: Tobias Adrian, Nina Boyarchenko and Or Shachar
Discussant: Marco Di Maggio
November 13-14, 2015
Pittsburgh, PA
Day 1 Conference Sessions (November 13, 2015)
Session I
Chair: Marvin Goodfriend
- Income Inequality and Asset Prices under Redistributive Taxation
Authors: Lubos Pastor and Pietro Veronesi
Discussant: Philippe Mueller
- The Intended and Unintended Consequences of Financial-Market Regulations: A General Equilibrium Analysis
Authors: Adrian Buss, Bernard Dumas, Raman Uppal and Grigory Vilkov
Discussant: Johan Walden
Session II
Chair: Burton Hollifield
- Credit Market Frictions and Political Failure
Authors: Madhav Aney, Maitreesh Ghatak and Massimo Morelli
Discussant: Guillermo Ordonez
- Bailouts, Moral Hazard and Banks’ Home Bias for Sovereign Debt
Authors: Gaetano Gaballo and Ariel Zetlin-Jones
Discussant: Charlie Kahn
Day 2 Conference Sessions (November 14, 2015)
Session III
Chair: Mark Bils
- Lending on Hold: Regulatory Uncertainty and Bank Credit Standards
Authors: Stefan Gissler, Doriana Ruffino and Jeremy Oldfather
Discussant: Nancy Wallace
- Phasing Out the GSEs
Authors: Vadim Elenev, Tim Landvoigt and Stijn Van Nieuwerburgh
Discussant: Jack Favilukis
November 14-15, 2014
Pittsburgh, PA
Day 1 Conference Sessions (November 14, 2014)
Session I
Chair: Marvin Goodfriend
- When Does a Central Bank’s Balance Sheet Require Fiscal Support?
Authors: Marco Del Negro and Christopher Sims
Discussant: Ricardo Reis
- A Probability-Based Stress Test of Federal Reserve Assets and Income
Authors: Jens Christensen, Jose Lopez and Glenn Rudebusch
Discussant: David Archer
Session II
Chair: Bennett McCallum
- On the Stability of Money Demand
Authors: Juan Pablo Nicolini and Robert E. Lucas Jr.
Discussant: Peter Ireland
- Collateral Scarcity, Inflation, and the Policy Trap: A New Monetarist Perspective
Authors: David Andolfatto and Stephen Williamson
Discussant: Huberto Ennis
Day 2 Conference Sessions (November 15, 2014)
Session III
Chair: Thomas Cooley
- Speculative Runs on Interest Rate Pegs
Authors: Marco Bassetto and Christopher Phelan
Discussant: Tim Fuerst
- Monetary Policy, Bond Returns and Debt Dynamics
Authors: Antje Berndt and Sevin Yeltekin
Discussant: Carolin Pflueger
November 15-16, 2013
Pittsburgh, PA
Day 1 Conference Sessions (November 15, 2013)
Session I
Chair: Marvin Goodfriend
- On the Social Usefulness of Fractional Reserve Banking
Authors: V. V. Chari and Christopher Phelan
Discussant: Ed Nosal
- Regulatory Capture in Banking and Consequences for Financial Market Regulation: A First Look at the Evidence
Authors: David Lucca, Amit Seru and Francesco Trebbi
Discussant: Ed Kane
Session II
Chair: Thomas Cooley
- Testing Macro-prudential Stress Tests: The Risk of Regulatory Risk Weights
Authors: Viral Acharya, Robert Engle and Diane Pierret
Discussant: Deborah Lucas
- Predatory Trading and Credit Freeze
Authors: Jennifer La’O
Discussant: Richard Lowery
Day 2 Conference Sessions (November 16, 2013)
Session III
Chair: Bennett McCallum
- Liquidity Provision, Interest Rates and Unemployment
Authors: Guillaume Rocheteau and Antonio Rodriguez-Lopez
Discussant: Nicolas Petrosky-Nadeau
- Can Moral Hazard Be Avoided? The Banque de France and the Crisis of 1889
Authors: Pierre Cyrille Hautcoeur, Angelo Riva and Eugene N. White
Discussant: Stefano Ugolini
November 9-10, 2012
Pittsburgh, PA
Day 1 Conference Sessions (November 9, 2012)
Session I
Chair: Marvin Goodfriend
- Systemic Sovereign Credit Risk: Lessons from the US and Europe
Authors: Andrew Ang and Francis A. Longstaff
Discussant: Hui Chen
- Local Deficits and Aggregate Stabilization: Evidence from US States
Authors: Gerald Carlino and Robert P. Inman
Discussant: David E. Wildasin
Session II
Chair: Thomas Cooley
- The American Recovery and Reinvestment Act: Solely a Government Jobs Program?
Authors: Timothy G. Conley and Bill Dupor
Discussant: Henning Bohn
- The Impact of Unions on Municipal Elections and Fiscal Policies in US Cities
Authors: Holger Sieg and Yu Wang
Discussant: Laura Feiveson
Day 2 Conference Sessions (November 10, 2012)
Session III
Chair: Burton Hollifield
- Vertical Fiscal Imbalances and Fiscal Performance in Advanced Economies
Authors: Luc Eyraud and Lusine Lusinyan
Discussant: Daniele Coen Pirani
- Tax-Subsidized Underpricing: Issuers and Underwriters in the Market for Build America Bonds
Authors: Dario Cestau, Richard Green and Norman Schurhoff
Discussant: Erik R. Sirri
November 11-12, 2011
Pittsburgh, PA
Day 1 Conference Sessions (November 11, 2011)
Session I
Chair: Marvin Goodfriend
- The Market Price of Fiscal Uncertainty
Authors: Max Croce, Thien T. Nguyen and Lukas Schmid
Discussant: Tasos Karantounias
- Robust Ramsey Problems
Authors: Lars Hansen and Tom Sargent
Discussant: Sevin Yeltekin
Session II
Chair: Christopher Sleet
- Monetary Policy under Financial Uncertainty
Authors: Noah Williams
Discussant: Chris Sims
- Robustly Optimal Monetary Policy in a Microfounded Model
Authors: Klaus Adam and Mike Woodford
Discussant: Pierpaolo Benigno
Day 2 Conference Sessions (November 12, 2011)
Session III
Chair: Stan Zin
- Capital Flows in Times of Crisis: Flight to Quality or Flight from Uncertainty?
Authors: Anna Orlik
Discussant: Itamar Drechsler
- Robust Policymaking in the Face of Sudden Stops
Authors: Eric Young
Discussant: Cristina Arellano
November 12-13, 2010
Pittsburgh, PA
Day 1 Conference Sessions (November 12, 2010)
Session I
Chair: Marvin Goodfriend
- Mechanics of a Graceful Exit: Interest on Reserves and Segmentation in the Federal Funds Market
Authors: Morten L. Bech and Elizabeth Klee
Discussant: Craig Furfine
- A Model of Liquidity Hoarding and Term Premia in Interbank Markets
Authors: Viral Acharya and David Skeie
Discussant: Huberto Ennis
Session II
Chair: Christopher Sleet
- Complexity, Concentration and Contagion
Authors: Prasanna Gai, Andrew Haldane and Sujit Kapadia
Discussant: Andrew Lo
- Monetary Policy and Corporate Default
Authors: Harjoat Bhamra, Adlai Fisher, and Lars-Alexander Kuehn
Discussant: Joao Gomes
Day 2 Conference Sessions (November 13, 2010)
Session III
Chair: Mark Bils
- Did the Federal Reserve's MBS Purchase Program Lower Mortgage Rates?
Authors: Diana Hancock and Wayne Passmore
Discussant: Burton Hollifield
- Securitization Markets and Central Banking: An Evaluation of the Term Asset-Backed Securities Loan Facility (TALF)
Authors: Sean Campbell, Daniel Covitz, William Nelson, and Karen Pence
Discussant: Suresh Sundaresan