Monetary Economics program meeting.The NBER's Monetary Economics Program met at the Federal Reserve Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007. The bank now continues under the new name of The Bank of New York Mellon Corporation. on March 2, 2012. NBER Research Associates Ricardo Reis of Columbia University and Mark W. Watson of Princeton University organized this program:
* Markus K. Brunnermeier, Princeton University and NBER, and Yuliy Sannikov, Princeton University, "The I Theory of Money"
* Jesus Fernandez-Villaverde, University of Pennsylvania and NBER; Pablo A. Guerron-Quintana, North Carolina State University History
* Emmanuel Farhi and Gita Gopinath, Harvard University and NBER, and Oleg Itskhoki, Princeton University and NBER, "Fiscal Devaluations"
* Eric T. Swanson and John Williams, Federal Reserve Bank of San Francisco, "Measuring the Effect of the Zero Lower Bound on Medium-and Longer-Term Interest Rates"
* Fernando E. Alvarez, University of Chicago and NBER, and Francesco Lippi, University of Sassari, "Price Setting with Menu Cost for Multi-product Firms"
* Carola Frydman, Boston University and NBER, and Eric Hilt, Wellesley College and NBER, "The Panic of 1907: JP Morgan, Trust Companies, and the Impact of the Financial Crisis"
Summaries of these papers may be found at: http://www.nber.org/confer/2012/MEs12/summary.html