“Dealing with the Trilemma”
Emmanuel Farhi (Harvard) and Ivan Werning (MIT)

Presenters:
Emmanuel Farhi
Ivan Werning
Presentation

Discussant:
Fabio Ghironi (Boston College)
Presentation

“The Financial Soundness of U.S. Firms 1926-2011”
Andrew Atkeson (UCLA), Andrea Eisfeldt (UCLA Anderson), and Pierre-Olivier Weil (UCLA)

Presenter:
Andrea Eisfeldt
Presentation

Discussant:
Joao Gomes (Wharton School, University of Pennsylvania)
Presentation

“When Credit Bites Back: Leverage, Business Cycles, and Crises”
Òscar Jordà (FRB San Francisco and UC Davis), Moritz Schularick (Free University of Berlin), and Alan Taylor (University of Virginia)

Presenter:
Òscar Jordà
Presentation

Discussant:
Jesús Fernández-Villaverde (University of Pennsylvania)
Presentation

“Intermediary Leverage, Macroeconomic Dynamics, and Macroprudential Policy”
Jae Sim (Board of Governors) and Michael Kiley (Board of Governors)

Presenter:
Jae Sim
Presentation

Discussant:
Matteo Iacoviello (Board of Governors)
Presentation

Panel Discussion

Panelists:
Jeff Fuhrer (FRB Boston)
Anil Kashyap (University of Chicago Booth)
Narayana Kocherlakota (FRB Minneapolis)
Jeremy Stein (Board of Governors)

“Measuring the Effect of the Zero Lower Bound on Medium and Longer Term Interest Rates”
Eric Swanson (FRB San Francisco) and John Williams (FRB San Francisco)

Presenter:
Eric Swanson
Presentation

Discussant:
Jonathan Wright (Johns Hopkins University)
Presentation

“The Cost of Financial Frictions for Life Insurers”
Ralf Koijen (University of Chicago Booth) and Motohiro Yogo (FRB Minneapolis)

Presenter:
Motohiro Yogo
Presentation

Discussant:
David Scharfstein (Harvard Business School)
Presentation

“Foreign Ownership of U.S. Safe Assets: Good or Bad?”
Jack Favilukis (LSE), Sydney Ludvigson (NYU), and Stijn Van Nieuwerburgh (NYU Stern)

Presenter:
Sydney Ludvigson
Presentation

Discussant:
Jonathan Heathcote (FRB Minneapolis)
Presentation

“Liquidity Traps and Monetary Policy: Managing a Credit Crunch”
Francisco Buera (UCLA) and Juan Pablo Nicolini (FRB Minneapolis and Universidad Di Tella)

Presenter:
Francisco Buera
Presentation

Discussant:
Virgiliu Midrigan (New York University)
Presentation

“The Pre-FOMC Announcement Drift”
David Lucca (FRB New York) and Emanuel Moench (FRB New York)

Presenter:
David Lucca
Presentation

Discussant:
Ken Kuttner (Williams College)
Presentation