Board of Governors of the Federal Reserve System

Session 1

• Shocks, Frictions, and Inequality in US Business Cycles
  Ralph Luetticke (UCL) with Christian Bayer and Benjamin Born
  Discussant: Marco Del Negro (NY Fed)
   
• Capital, Income Inequality, and Consumption: the Missing Link
  Florin Bilbiie (University of Lausanne) with Diego Känzig and Paolo Surico
  Discussant: Thomas Drechsel (University of Maryland)

Break

Session 2

• Optimal Monetary Policy for the Masses
  James Bullard (St. Louis Fed) with Riccardo DiCecio
  Discussant: Federica Romei (Oxford)

Break and discussion in breakout rooms (by invitation only)

Session 3

• Monetary Policy, Credit and Labor Income Redistribution
  Martina Jasova (Barnard College) with Caterina Mendicino, Ettore Panetti, Jose-Luis Peydro, Dominik Supera
  Discussant: Fatih Karahan (NY Fed)
   
• Some Like it Hot: Assessing Longer-term Labor Market Benefits from a High-Pressure Economy
  Julie Hotchkiss (Atlanta Fed) with Robert Moore
  Discussant: Joaquin Garcia-Cabo Herrero (Fed Board)

Break

Session 4

• Financial Frictions and the Wealth Distribution
  Jesus Fernandez-Villaverde (University of Pennsylvania) with Samual Hurtado, Galo Nuno
  Discussant: Christian Wolf (Chicago)
   
• Micro Jumps, Macro Humps: Monetary Policy and Business Cycles in an Estimated HANK Model
  Matthew Rognlie (Northwestern University)/Adrian Auclert (Stanford University) with Ludwig Straub
  Discussant: Minsu Chang (Georgetown University)

Happy hour in breakout rooms (by invitation only)

Keynote Presentation by Gianluca Violante (Princeton)

Break

Session 5

• A Model of Intermediation, Money, Interest, and Prices
  Saki Bigio (UCLA) with Yuliy Sannikov
  Discussant: Pablo D’Erasmo (Philadelphia Fed)

Break and discussion in breakout rooms (by invitation only)

Session 6

• The Transmission of Monetary Policy under the Microscope
  Pascal Paul (San Francisco Fed) with Martin Holm and Andreas Tischbirek
  Discussant: Corinna Boar (NYU)
   
• The Dynamic Effect of Monetary Policy on Heterogeneous Agents
  Patrick Kehoe (Stanford University) with Virgiliu Midrigan, Elena Pastorino, Sergio Salgado
  Discussant: Fabrizio Perri (Minneapolis Fed)

Break and discussion in breakout rooms (by invitation only)