Carnegie-Rochester Conference Series on Public Policy

Semi-annual Conference


Editors:    Bennett McCallum

                 Charles I. Plosser



Upcoming Conference


November 21-22, 2003

GSIA, Carnegie-Mellon University

Pittsburgh, PA




Carnegie-Rochester Conference on Public Policy
November 21
-22, 2003


Thursday, November 20

8:00 p.m.         Welcoming Reception – Holiday Inn Select-University Center

Friday, November 21


8:15 a.m.         Molly’s Trolleys from Holiday Inn to CMU/GSIA-Posner Hall

8:30 a.m.         Continental Breakfast


9:00 a.m.         Conference Session I: GSIA – Posner Hall – Room 151     

Chairman:  Bennett McCallum


·        Authors:  S. Brock Blomberg, Gregory D. Hess and Athanasios Orphanides

                                  Title:  On the Macroeconomic Consequences of Terrorism

                                  Discussant: Michelle Garfinkel      


·         Authors:  Jeffrey R. Brown, J. David Cummins, Christopher M. Lewis, Ran Wei

     Title An Empirical Analysis of the Economic Impact of Federal Terrorism Reinsurance

      Discussant:  V.V. Chari



12:00 p.m.       Lunch – GSIA Grand Room – 3rd floor Posner Hall



1:30 p.m.         Conference Session II: GSIA – Posner Hall – Room 151

Chairman:  Charles Plosser


·         Author: Jeffrey Lacker     

           Title:  Payment System Disruptions and Federal Reserve Policy Following September 11, 2001

                                   Discussant:  Stephen Williamson   


·         Author:  Esteban Rossi-Hansberg

                       Title:  Cities Under Stress

     Discussant:  Pierre Sarte



5:00 p.m.         Molly’s Trolleys from Posner Hall to Holiday Inn


7:15 p.m.         Molly’s Trolleys from Holiday Inn to The Pittsburgh Golf Club


7:30 p.m.         Dinner at The Pittsburgh Golf Club


Saturday, November 22


8:00 a.m.         Molly’s Trolleys from Holiday Inn to CMU/GSIA-Posner Hall

8:15 a.m.         Continental Breakfast


8:45 a.m.         Conference Session III: GSIA – Posner Hall – Room 151

Chairman:  Stanley Zin


·         Authors:  Zvi Eckstein and Daniel Tsiddon

           Title: Macroeconomics of Terrorism: The Case of Israel

           Discussant:  Alex Cukierman



·        Author:  Jose Tavares

          Title:  The Open Society Assesses Its Enemies: Shocks, Disasters, and Terrorist Attacks

          Discussant:  Norman Loayza




11:45 p.m.       ADJOURN