Domestic Prices in an Integrated World Economy


September 27-28, 2007
Sponsored by Federal Reserve Board and the Journal of Money, Credit, and Banking
Dining Room E, Federal Reserve Board, Washington, D.C

Program

Thursday, September 27

1:00 p.m.

Welcoming Remarks

Chairman Ben S. Bernanke, Federal Reserve Board

1:30 p.m.

Pass-Through of Exchange Rates and Competition Between Mexico and China (243 KB PDF) Leaving the Board

Authors:

Paul Bergin, University of California, Davis

Rob Feenstra, University of California, Davis

Discussants:

Linda Goldberg, Federal Reserve Bank of New York

Robert Vigfusson, Federal Reserve Board

2:30 p.m.

Exchange Rate Pass-Through in a Competitive Model of Pricing-to-Market (279 KB PDF) Leaving the Board

Authors:

Thomas Chaney, University of Chicago

Raphael Auer, Swiss National Bank

Discussants:

Mick Devereux, University of British Columbia

Gita Gopinath, Harvard University

3:30 p.m.

Coffee Break

4:00 p.m.

The International Dimension of Inflation: Evidence from Disaggregated Data Leaving the Board

Authors:

Tommaso Monacelli, Bocconi University

Luca Sala, Bocconi University

Discussants:

Mario Crucini, Vanderbilt University

Christian Broda, University of Chicago

5:00 p.m.

Adjourn

5:30 p.m.

Reception and Dinner *

Speaker:

Governor Frederic S. Mishkin, Federal Reserve Board
Globalization, Macroeconomic Performance, and Monetary Policy

Friday, September 28

8:45 a.m.

Continental Breakfast *

9:30 a.m.

International Pricing in a Generalized Model of Ideal Variety (332 KB PDF) Leaving the Board

Authors:

David L. Hummels, Purdue University

Volodymyr Lugovskyy, University of Memphis

Discussants:

Marc Melitz, Princeton University

Kei-Mu Yi, Federal Reserve Bank of Philadelphia

10:30 a.m.

Coffee Break

11:00 a.m.

International Influences on Domestic Prices and Activities: A FAVAR Approach to Open Economy

Authors:

Paolo Surico, Bank of England

Haroon Mumtaz, Bank of England

Discussant:

Marc Giannoni, Columbia University

Thomas Laubach, Federal Reserve Board

12:30 p.m.

Lunch *

Speaker:

Professor Charles Engel, University of Wisconsin

2:00 p.m.

Incomplete Cost Pass-Through under Deep Habits Leaving the Board

Authors:

Martin Uribe, Duke University

Morten Ravn, European University Institute

Stephanie Schmitt-Grohe, Duke University

Discussants:

Eric van Wincoop, University of Virginia

Chris Erceg, Federal Reserve Board

3:00 p.m.

Coffee Break

3:30 p.m.

Price Stability with Imperfect Financial Integration (377 KB PDF) Leaving the Board

Authors:

Pierpaolo Benigno, Luiss Guido Carli University

Discussants:

Paolo Pesenti, Federal Reserve Bank of New York

Andrew Levin, Federal Reserve Board

4:30 p.m.

Adjourn

*Registered attendees only. Media representatives should contact Ben Hardaway, [email protected], to register for the event.

Back to top