The Macroeconomics of Granularity and Production Networks.
Date:
Thursday August 3rd, 2017.
Place:
Auditorium, Central Bank of Chile, Santiago, Chile
Language:
English
Program:
SESSION II: BUSINESS CYCLES
The Impact of Regional and Sectoral Productivity Changes on the U.S. Economy
Pierre Sarte, Federal Research Bank of Richmond, coauthored with Lorenzo Caliendo, Yale University, Esteban Rossi-Hansberg, Princeton University and Fernando Parro, John Hopkins University.
The Macroeconomic Impact of Microeconomic Shocks: Beyond Hulten’s Theorem
David Baqaee, London School of Economics, coauthored with Emmanuel Farhi, Harvard University.
Behavioral Macroeconomics in High-Dimensional Environments
Xavier Gabaix, Harvard University
SESSION III: IMPLICATIONS FOR MONETARY POLICY
Price Rigidity and the Microeconomic Origin of Aggregate Fluctuations
Ernesto Pasten, Central Bank of Chile, coauthored with Raphael Schoenle, Brandeis University and Michael Weber, Booth School of Business, University of Chicago.
Monetary Policy Through Production Networks: Evidence from the Stock Market
Michael Weber, Booth School of Business, University of Chicago, coauthored with Ali Ozdagli, Federal Research Bank of Boston