Nonlinear Rational Expectations Modeling Group

September 30-October 1, 1988
 
Friday, September 30
8:45 a.m. Coffee
9:30 a.m. Presentation of new results on Problem 1
  To the extent that results have been submitted enough in advance on diskette as requested, they will first be summarized by Chris Sims. Then each participant will have a chance to add to the discussion, emphasizing what is new since the last meeting. New participants who did not have a chance to describe their solution methods at the last meeting will be given time to do so here.
11:00 a.m. Break
11:15 a.m. Discussion of John Taylor’s summary paper, both its substance and its prospects (journal submission? with or without companion pieces on methods?, etc.)
12:15 p.m. Lunch
1:15 p.m. Presentation of results on problems 2 and 3
  Same format as for Problem 1. Shorter time in expectation of few actual solutions.
2:00 p.m. Break
2:15 p.m. Papers I
  Wouter den Haan, Carnegie
The Optimal Inflation Path in a Sidrauski-type Model with Uncertainty
  Discussant: Larry Christiano
  Marianne Baxter, Rochester
Approximating Suboptimal Dynamic Equilibria: An Euler Equation Approach
  Discussant: Joe Gagnon
3:45 p.m. Break
4:00 p.m. Papers II
  Wilbur Coleman II, Federal Reserve (D.C.)
Money, Interest and Capital in a Cash-in-Advance Economy
  Discussant: George Tauchen
  Robert Hussey, Duke
Solving Nonlinear Rational Expectations Models With Asymmetric Adjustment Costs
  Discussant: David Marshall, Northwestern
5:30 p.m. Adjourn
6:30 p.m. Dinner
   
Saturday, October 1
9:30 a.m. Papers III
  George Tauchen, Duke
“Applications and Extensions of the Quadrature Method”
  Discussant: Marianne Baxter
  Larry Christiano, Terry Fitzgerald, Federal Reserve Minneapolis
“The Precautionary Motive for Holding Inventories in a Real Business Cycle Model”
  Discussant: Robert Hussey
11:00 a.m. Coffee, open discussion of plans for additional meetings and of the state of the art, until no later than noon.

 

 
Latest

Movin' on up, fedgazette, October 2014

Related Links
Economic Research Papers