Beliefs, Sentiments, Confidence and the Macroeconomy
Date:
Thursday December 7th, 2017
Place:
Auditorium, Central Bank of Chile, Santiago, Chile
Language:
English
Description:

Thursday December 7th, 2017 Auditorium, Central Bank of Chile, Santiago, Chile

Language: All presentations will be conducted in English.
Admission is free. Registration in advance is requested.
For registration and questions, contact Joaquin Fuenzalida.
E-Mail: jfuenzalida@bcentral.cl · Phone: +562 2670 2799
Organizers: Sofia Bauducco

Program:
Keynote Lecture
Keynote Lecture: “Forward Guidance without Common Knowledge”
George‐Marios Angeletos, Massachusetts Institute of Technology (MIT).
SESSION I: SENTIMENTS, CONFIDENCE AND ITS MACROECONOMIC IMPACT
TFP, News and Sentiments: The International Transmission of Business Cycles
Nitya Pandalai‐Nayar, University of Texas-Austin with Andrei Levchenko, University of Michigan.
Expectations, Stagnation and Fiscal Policy
George Evans, University of Oregon with Seppo Honkapohja, Bank of Finland and Kaushik Mitra, University of Birmingham.
SESSION II: SENTIMENTS, CONFIDENCE AND NEWS: EMPIRICAL RELEVANCE
Sentiments and Economic Activity: Evidence from U.S. States
Mark Spiegel, Federal Reserve Bank of San Francisco with Jess Benhabib, New York University.
Sentiments in SVARs
Patrick Fève, Toulouse School of Economics with Alain Guay, Université du Québec à Montréal (UQAM).
How Do Firms Form Their Expectations? New Survey Evidence
Olivier Coibion, University of Texas-Austin with Yuriy Gorodnichenko, University of California-Berkeley and Saten Kumar, Auckland University of Technology.