System Committee on Business and Financial Conditions
Workshop held November 8-9, 2006
Federal Reserve Bank of Chicago
Chicago, Illinois
Papers Presented
- “Was the New Deal Contractionary?”
Gauti Eggertsson (New York)
Discussant: Bill Gavin (St. Louis) - “Distortionary Taxes and Public Investment when Government Promises Are not Enforceable”
Marina Azzimonte (Richmond)
Discussant: Roberto Billi (Kansas City) - “Monetary Conservatism and Fiscal Policy”
Roberto Billi (Kansas City)
Discussant: Marina Azzimonti (Richmond) - “Monetary Policy under Sudden Stops”
Vasco Curdia (New York)
Discussant: Jian Wang (Dallas) - “Home Bias, Exchange Rate Disconnect, and Optimal Exchange Rate Policy”
Jian Wang (Dallas)
Discussant: Vasco Curdia (New York) - “Fiscal Policy and Macroeconomic Stability in a Monetary Union”
Andrea Pescatori (Cleveland)
Discussant: Giovanni Olivei (Boston) - “How Important Is Forward-Looking Behavior in New-Keynesian Models?”
Fabia Gumbau-Brisa (Boston)
Discussant: Bob Hetzel (Richmond) - “The Relationship between Expected Inflation, Disagreement and Uncertainty: Evidence from Matched Point and Density Forecasts”
Rob Rich (New York)
Discussant: Spence Krane (Chicago) - “Taxes, Wedges, and Labor Supply: Evidence from OECD Countries, 1956-2004”
Andrea Raffo (Kansas City)
Discussant: Chuck Carlstrom (Cleveland)