November 18-19, 2010 |
Agenda
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Thursday, November 18th | |
8:00 | Continental Breakfast |
8:30 | Opening Remarks William C. Dudley President and CEO, Federal Reserve Bank of New York |
9:00 - 12:00 | SESSION 1: Expectations Formation and Measurement |
Household Inflation Expectations – Exploiting the Cross Sectional Dimension Alina Barnett, Bank of England, Silvia Pezzini, Bank of England, and Matthias Paustian, Bank of England Presentation >> Discussant: Jiri Slacalek, European Central Bank Presentation >> |
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How Do Inflation Expectations Form? Evidence from a High Frequency Survey Gabriele Galati, De Nederlandsche Bank, Peter Heemeijer, De Nederlandsche Bank, and Richhild Moessner, Bank for International Settlements Presentation >> Discussant: Charles F. Manski, Northwestern University Presentation >> |
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Break | |
Consumers' Quantitative Inflation Perceptions and Expectations in the Euro Area: An Evaluation Olivier Biau, European Commission, Heinz Dieden, European Central Bank, Gianluigi Ferrucci European Central Bank, Roberta Friz, European Commission and Staffan Linden, European Commission Presentation >> Discussant: Michael Bryan, FRB of Atlanta Presentation >> |
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Can Quantification Methods Lead to Wrong Conclusions? Evidence from Consumers' Inflation Perceptions and Expectations Roberta Friz European Commission and Staffan Lindén, European Commission Presentation >> Discussant: Daniela Schackis, European Central Bank Presentation >> |
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Lunch |
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1:30 – 4:30 | SESSION 2: Inflation Uncertainty and Experiments |
Inflation Expectations and Behavior: Do Survey Respondents Act on their Beliefs? Olivier Armantier, FRBNY, Wandi Bruine de Bruin, Carnegie Mellon, Giorgio Topa, FRBNY, Wilbert van der Klaauw, FRBNY and Basit Zafar, FRBNY Presentation >> Discussant: Federica Teppa, De Nederlandsche Bank Presentation >> |
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Measuring Consumer Uncertainty about Future Inflation Wandi Bruine de Bruin, Carnegie Mellon, Charles Manski, Northwestern University, Giorgio Topa, FRBNY, Wilbert van der Klaauw, FRBNY Presentation >> Discussant: Jan-Oliver Menz, University of Hamburg Presentation >> |
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Break | |
Inflation Expectations and Monetary Policy Design: Evidence from the Laboratory Damjan Pfajfar, CentER, EBC, University of Tilburg and Blaz Zakelj, European University Institute Presentation >> Discussant: Wandi Bruine de Bruin, Carnegie Mellon University Presentation >> |
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Does Economic Literacy Explain Demographic Variation in Inflation Expectations? Mary A. Burke, FRB of Boston and Michael Manz, Swiss National Bank Presentation >> Discussant: Lena Drager, University of Hamburg & ETH Zurich Presentation >> |
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5:00 | Reception |
Friday, November 19th | |
8:00 | Continental Breakfast |
8:30 | Opening Remarks Simon Potter EVP and Director of Economic Research, Federal Reserve Bank of New York |
9:00 - 12:00 | SESSION 3: News and Learning |
Heterogeneous Expectations, Learning and European Inflation Dynamics Anke Weber, International Monetary Fund Presentation >> Discussant: William Branch, UC Irvine Presentation >> |
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Information Flows and Disagreement Cristian Badarinza, Goethe University, Frankfurt am Main, and Marco Buchmann, European Central Bank Presentation >> Discussant: Fabien Curto Millet, NERA Economic Consulting Presentation >> |
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Break | |
Joshy Easaw, University of Swansea, Roberto Golinelli, University of Bologna and Marco Malgarini ISAE |
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Heterogeneity in Consumers’ Learning about Inflation |
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Boxed Lunches will be provided | |
Conference Location Federal Reserve Bank of New York 12th Floor, Conference Center 33 Liberty Street New York, New York |