Research Events
Methods and Applications for DSGE Models Workshop
The Federal Reserve Bank of Dallas and National Bureau of Economic Research (NBER) are co-sponsoring the midyear meeting of the NBER’s “Methods and Applications for DSGE Models” working group on Friday, November 4, and Saturday, November 5, 2022, at the Federal Reserve Bank of Dallas. As in previous years, the subject of the workshop is broadly empirical macroeconomics, with an emphasis on research based on dynamic stochastic general equilibrium (DSGE) models. This includes methodological contributions; advances in DSGE modeling such as the incorporation of heterogeneity, learning mechanisms and asset pricing features; and specific applications.
Conference Organizers
- Jesús Fernández-Villaverde, University of Pennsylvania
- Karel Mertens, Federal Reserve Bank of Dallas
- Giorgio Primiceri, Northwestern University
- Alexander Richter, Federal Reserve Bank of Dallas
- Frank Schorfheide, University of Pennsylvania
Agenda
Friday, November 4, 2022 | |
9:00 a.m. | Understanding Post-COVID Inflation Martin Harding, Bank of Canada Jesper Linde, International Monetary Fund Mathias Trabandt, Goethe University Frankfurt Discussant: Saroj Bhattarai, University of Texas at Austin |
10:00 a.m. | Break |
10:30 a.m. | Relative Price Shocks and Inflation Francisco Ruge-Murcia, McGill University Alexander Wolman, Federal Reserve Bank of Richmond Discussant: Carola Binder, Haverford College |
11:30 a.m. | Incorporating Diagnostic Expectations into the New Keynesian Framework Jean-Paul L’Huillier, Federal Reserve Bank of Cleveland and Brandeis University Sanjay R. Singh, University of California, Davis Donghoon Yoo, Osaka University Discussant: Cosmin Ilut, Duke University |
12:30 p.m. | Break |
2:00 p.m. | Inflation Measured Every Day Keeps Adverse Responses Away Margaret Jacobsen, Federal Reserve Board Christian Matthes, Indiana University Todd Walker, Indiana University Discussant: Miguel Acosta, Federal Reserve Board |
3:00 p.m. | Break |
3:30 p.m. | Inflation and Real Activity over the Business Cycle Francesco Bianchi, Johns Hopkins University and NBER Giovanni Nicolo, Federal Reserve Board Dongho Song, Johns Hopkins University Discussant: Domenico Giannone, Amazon |
4:30 p.m. | A Simple Explanation of Countercyclical Uncertainty Joshua Bernstein, Indiana University Michael Plante, Federal Reserve Bank of Dallas Alexander Richter, Federal Reserve Bank of Dallas Nathaniel Throckmorton, College of William and Mary Discussant: Ross Doppelt, Penn State University |
Saturday, November 5, 2022 | |
9:00 a.m. | Searching for Hysteresis Luca Benati, University of Bern Thomas Lubik, Federal Reserve Bank of Richmond Discussant: Thomas Drechsel, University of Maryland |
10:00 a.m. | Break |
10:30 a.m. | The Signaling Effects of Fiscal Announcements Leonardo Melosi, Federal Reserve Bank of Chicago Hiroshi Morita, Hosei University Francesco Zanetti, University of Oxford Discussant: Sarah Zubairy, Texas A&M and NBER |
11:30 a.m. | Filtering with Limited Information Thorsten Drautzburg, Federal Reserve Bank of Philadelphia Jesús Fernández-Villaverde, University of Pennsylvania and NBER Pablo Guerron-Quintana, Boston College Dick Oosthuizen, University of Pennsylvania Discussant: Ed Herbst, Federal Reserve Board |
12:30 p.m. | Lunch / Departure |