The Future of Monetary Policy Conference papers

SESSION 1: Monetary policy and liquidity

Achim Hauck and Ulrike Neyer (Uni Duesseldorf)
The Euro Area Interbank Market and the Liquidity Management of the Eurosystem in the Financial Crisis

Xavier Freixas (Universitat Pompeu Fabra), Antoine Martin (Fed NY), David Skeie (Fed NY)
Bank Liquidity, Interbank Markets and Monetary Policy

SESSION 2: Modelling monetary policy and financial instability

Marco Del Negro (Fed NY), Gauti Eggertsson (Fed NY), Andrea Ferrero (Fed NY) and Nobuhiro Kiyotaki (Princeton U)
The Great Escape? A Quantitative Evaluation of the Fed’s Non-Standard Policies

Paolo Angelini, Fabio Panetta and Stefano Neri (Banca d’Italia)
Monetary and Macroprudential Policies

SESSION 3: Risk taking in financial markets

Chiara Forlati and Luisa Lambertini in a DSGE Model(EPFL)
Risky Mortgages

SESSION 4: The Efficient level of credit

Olivier Jeanne-Johns Hopkins (University) and Anton Korinek (University of Maryland)
Managing Credit Booms and Busts: A Pigouvian Taxation Approach

Gianluca Benigno (LSE), Huigang Chen (JD Power), Christopher Otrok (University of Virginia), Alessandro Rebucci (IADB) and Eric R. Young (University of Virginia)
Revisiting Overborrowing and its Policy Implications

SESSION 5: Asset prices bubbles?

Olivier Loisel (BDF), Aude Pommeret (Université de Savoie and Université de Lausanne) and Franck Portier (Toulouse School of Economics)
Monetary Policy and Herd Behavior in New-tech Investment

Martin Eichenbaum, Northwestern University, Craig Burnside, Duke University, Sergio Rebelo, (Northwestern University)
Booms and Busts: Understanding Housing Market Dynamics