Research and Policy: A Golden Minnesota Partnership | Federal Reserve Bank of Minneapolis

Research and Policy: A Golden Minnesota Partnership

August 21 Livestream (video)
August 23 Livestream (video)

This conference honored the remarkable relationship between the Federal Reserve Bank of Minneapolis and the University of Minnesota.

Browse the program from the conference

Agenda

Wednesday, August 21
Federal Reserve Bank of Minneapolis
5:30 p.m. – 6:45 p.m.	How Economic Research Informs Policy (Video) Welcome: Sri Zaheer, member of the Minneapolis Fed’s board of directors and dean of the University of Minnesota’s Carlson School of Management Moderator: Neel Kashkari, president, Federal Reserve Bank of Minneapolis Lars Peter Hansen, University of Chicago (Slides) Finn E. Kydland, University of California, Santa Barbara (Slides) Nancy L. Stokey, University of Chicago Robert M. Townsend, Massachusetts Institute of Technology (Slides)
6:45 p.m. – 7:30 p.m.	Reception

Thursday, August 22
University of Minnesota, Carlson School of Management, 3M Auditorium
8:30 a.m. – 9:00 a.m.	Breakfast
9:00 a.m. – 9:05 a.m.	Welcome
9:05 a.m. – 9:55 a.m.	The End of the American Dream? Inequality and Segregation in U.S. Cities (Video) Veronica Guerrieri, University of Chicago (Slides) Discussant: Lee E. Ohanian, UCLA (Slides)
9:55 a.m. – 10:45 a.m.	Money and Banking in a New Keynesian Model (Video) Monika Piazzesi, Stanford (Slides) Discussant: Stephen Williamson, University of Western Ontario (Slides)
10:45 a.m. – 11:00 a.m.	Break
11:00 a.m. – 11:50 a.m.	Distortions in Production Networks (Video) Jennifer La’O, Columbia Discussant: Martin Schneider, Stanford
11:50 a.m. – 12:40 p.m.	Consumer Surplus of Alternative Payment Methods: Paying Uber with Cash (Video) Fernando Alvarez, University of Chicago Discussant: Warren Weber, former senior research officer, Federal Reserve Bank of Minneapolis (Slides)
12:40 p.m. – 1:30 p.m.	Lunch
1:30 p.m. – 2:30 p.m.	Too Big to Fail: Where Do We Go From Here? (Video) Moderator: Ron J. Feldman, first vice president, Federal Reserve Bank of Minneapolis Neel Kashkari, president, Federal Reserve Bank of Minneapolis Gary Stern, former president, Federal Reserve Bank of Minneapolis Neil Wallace, Penn State University
2:30 p.m. – 2:45 p.m.	Break
2:45 p.m. – 3:25 p.m.	Are Banks Safer? (Video) Andrew Atkeson, UCLA (Slides) Discussant: Harold L. Cole, University of Pennsylvania (Slides)
3:25 p.m. – 4:15 p.m.	The Limits of onetary Economics: On Money as a Medium of Exchange in Near–Cashless Economies (Video) Richard Lagos, New York University (Slides) Discussant: Randall Wright, University of Wisconsin–Madison (Slides)
4:15 p.m. – 5:00 p.m.	Break
5:00 p.m. – 6:30 p.m.	The Four Horsemen of the Economic Revolution (Video) Location: University of Minnesota’s Ted Mann Concert Hall Moderator: Art Rolnick, University of Minnesota Humphrey School Edward C. Prescott, Arizona State University Thomas J. Sargent, New York University Christopher A. Sims, Princeton University Neil Wallace, Penn State University
6:30 p.m. – 7:30 p.m.	Reception

Friday, August 23
Federal Reserve Bank of Minneapolis
8:30 a.m. – 8:55 a.m.	Breakfast
8:55 a.m. – 9:00 a.m.	Welcome — Mark L.J. Wright, senior vice president and director of Research, Federal Reserve Bank of Minneapolis
9:00 a.m. – 9:50 a.m.	Imperfect Risk–Sharing and the Business Cycle (Video) Luigi Bocola, Stanford (Slides) Discussant: Dirk Krueger, University of Pennsylvania (Slides)
9:50 a.m. – 10:40 a.m.	Financial Dollarization in Emerging Markets: Efficient Risk–Sharing or Prescription for Disaster (Video) Larry Christiano, Northwestern (Slides) Discussant: Ayse Imrohoroglu, University of Southern California (Slides)
10:40 a.m. – 10:50 a.m.	Break
10:50 a.m. – 11:40 a.m.	Hours and Wages (Video) Richard Rogerson, Princeton (Slides) Discussant: Gary D. Hansen, UCLA (Slides)
11:40 a.m. – 11:50 a.m.	Break
11:50 a.m. – 1:30 p.m.	Lunch: A Conversation on Climate Change and Economic Risks (Video) Robert Litterman, Kepos Capital (Slides) V. V. Chari, University of Minnesota
1:30 p.m. – 1:40 p.m.	Break
1:40 p.m. – 2:30 p.m.	Markups and Inequality (Video) Virgiliu Midrigan, NYU (Slides) Discussant: Francisco J. Buera, Washington University in St. Louis (Slides)
2:30 p.m. – 3:20 p.m.	A Theory of Falling Growth and Rising Rents (Video) Peter J. Klenow, Stanford (Slides) Discussant: Samuel S. Kortum, Yale (Slides)
3:20 p.m. – 3:30 p.m.	Closing — Mark L.J. Wright (Video)