Research Workshop – 2009 Monetary Policy in Open Economies 14–15 December 2009

Workshop Papers

• Fiscal Policy Can Reduce Unemployment: But There is a Better Alternative 228KB
  Roger Farmer, University of California, Los Angeles
• Financial Integration and Liquidity Crises 522KB
  Fabio Feriozzi and Fabio Castiglionesi, Tilburg University, Guido Lorenzoni, MIT
• Credit Risk and the Macroeconomy: Evidence from an Estimated DSGE Model 728KB
  Simon Gilchrist, Boston University
• Measuring Monetary Policy when the Nominal Short-Term Interest Rate is Zero: A DSGE Approach 348KB
  Tomikuki Kitamura, Bank of Japan
• Demand Imbalances, Exchange Rate Misalignment and Monetary Policy 328KB
  Sylvain Leduc, Federal Reserve Bank of San Francisco, Luca Dedola, European Central Bank and CEPR and Giancarlo Corsetti, European University Institute, University of Rome III and CEPR
• Limitations on the Effectiveness of Forward Guidance at the Zero Lower Bound 339KB
  Edward Nelson, Andrew Levin, David Lopez-Salido and Tack Yun, Federal Reserve Board
• Impacts of Financial Factors on Emerging Market Business Cycle Fluctuations 355KB
  Ashvin Ahuja, Surach Tanboon, Suchot Piamchol, Paiboon Pongpaichet and Tanawat Ruenbanterng, Bank of Thailand
• Monetary Policy and the Financing of Firms 277KB
  Oreste Tristani, Fiorella De Fiore, European Central Bank and Pedro Teles, Banco de Portugal, Universidade Catolica Portuguesa, and Centre for Economic Policy Research
• Asset Prices, Credit Constraints, and Macroeconomic Fluctuations 369KB
  Tao Zha, Zheng Liu and Pengfei Wang, Federal Reserve Bank of Atlanta