Carnegie-Rochester Conference Series on Public Policy

Semi-annual Conference

Editors:    Bennett McCallum

                 Charles I. Plosser

Upcoming Conference

Conference Event Reply Form

April 25-26, 2008

Simon School, University of Rochester

Rochester, NY

 

Carnegie-Rochester Conference Schedule
“Credit Market Turmoil: Implications for Policy”

April 17-18, 2009
 

Thursday, April 16

 

8:00 pm-11:00 pm      Welcome Reception, Hyatt Regency - refer to hotel monitor

 

Friday, April 17

 

       8:30 am                Bus transportation to campus

 

 8:45-9:15 am              Packet Retrieval and Breakfast

 

                                    CONFERENCE SESSION I - SCHLEGEL 207

 

     Chairman:              TBA         

 9:15-10:30 am            “Credit Market Turmoil, Monetary Policy and Business Cycles: Identification from History”

by Michael Bordo and Joseph Haubrich

                                    Discussant: Harold Cole

 

10:30-10:45 am           Break

                                   

10:45-12:00 pm          “Financial Globalization, Financial Crises and Contagion”

by Enrique Mendoza and Vincenzo Quadrini

                                    Discussant: Gian Luca Clementi

 

12:00pm                       Luncheon – Schlegel Hall Rotunda

   

                                    CONFERENCE SESSION II - SCHLEGEL 207

 

     Chairman:              TBA

1:30-2:45 pm              "The macroeconomics of money market freezes"

                                    by Max Bruche and Javier Suarez

                                    Discussant: Viral Acharya

 

2:45-3:00 pm              Break

 

 3:00-4:15 pm             “Is Mark-to-Market Accounting Destabilizing? Analysis and Implications for Policy”

                                    by John Heaton, Deborah Lucas and Robert McDonald

Discussant:  Konstantin Milbradt


        4:30 pm               Bus Transportation back to the Hyatt Regency

 

        6:30 pm               Bus departs Hyatt Regency for transportation to the Country Club of Rochester

 

        6:45 pm               Cocktails, Country Club of Rochester

 

        7:30 pm               Dinner, Country Club of Rochester


         9:30 pm              Transportation back to the Hyatt Regency

  

Saturday, April 18

 

 

          8:00 am             Bus transportation to campus

 

    8:15-8:45 am           Breakfast

   

                                    CONFERENCE SESSION III - SCHLEGEL 207

 

     Chairman:              TBA

  8:45-10:00 am           “A Model of a Systemic Bank Run”

by Harald Uhlig

                                    Discussant: Todd Keister

 

10:00-10:15 am           Break

                       

10:15-11:30 am           “Too Big to Fail, but A Lot to Bail: Optimal Financing of Large Bailouts”

by Stavros Panageas

                                    Discussant:  Rui Albuquerque

           

      11:30 am               Lunch available in Schlegel Hall Rotunda.

           

12:15 pm               Transportation to airport or hotel

 

Transportation will also be available for earlier or later flights if needed.

 

 

 

 

 

ADVISORY COMMITTEE: Bennett McCallum and Charles Plosser, Co-chairs: Andrew Abel, Yongsung Chang, Thomas Cooley, Janice Eberly, Marvin Goodfriend, Sergio Rebelo, Alan Stockman and Stanley Zin