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Conference to be held remotely via Zoom from the University of Rochester, Rochester, NY 14627

Accepted papers and comments will be published in the January 2022 issue of the Journal of Monetary Economics. (Starred papers have already been accepted.)

Agenda
Central Banking Challenges Posed by Uncertain Climate Change and Natural Disasters
Presenter
Lars Hansen (The University of Chicago)
Discussant
Tony Smith (Yale University)
Fiscal and Monetary Stabilization Policy at the Zero Lower Bound: Consequences of the Zero Lower Bound

Paper - Fiscal and Monetary Stabilization Policy at the Zero Lower Bound: Consequences of the Zero Lower Bound

Authors: Michael Woodford (Columbia University) and Yinxi Xie (Bank of Canada)

Presenter
Michael Woodford (Columbia University)
Discussant
Chen Lian (UC-Berkeley)
Cash: A Blessing or a Curse?

Paper - Cash: A Blessing or a Curse?

Authors: Fernando Alvarez (The University of Chicago), David Argente (Penn State University), Rafael Jimenez (The University of Chicago), and Francesco Lippi (Luiss University and EIEF)

Presenter
David Argente (Penn State University)
Discussant
Gabriel Chodorow-Reich (Harvard University)
No Firm is an Island? How Industry Conditions Shape Firms’ Expectations

Paper - No Firm is an Island? How Industry Conditions Shape Firms’ Expectations

Authors: Philippe Andrade (FRB-Boston), Olivier Coibion (University of Texas), Erwan Gautier (Banque de France), and Yuriy Gorodnichenko (UC-Berkeley)

Presenter
Yuriy Gorodnichenko (UC-Berkeley)
Discussant
Isabelle Salle (Bank of Canada)
Lunch
Designing Central Bank Digital Currencies

Paper - Designing Central Bank Digital Currencies

Authors: Itai Agur (IMF), Anil Ari (IMF), and Giovanni Dell’Ariccia

Presenter
Itai Agur (IMF)
Discussant
Carolyn Wilkins (former Senior Deputy Governor, Bank of Canada)
Cash: A Blessing or a Curse?

Paper - Cash: A Blessing or a Curse

Authors: Fernando Alvarez (The University of Chicago), David Argente (Penn State University), Rafael Jimenez (The University of Chicago), and Francesco Lippi (Luiss University and EIEF)

Presenter
David Argente (Penn State University)
Discussant
Gabriel Chodorow-Reich (Harvard University)
The Supply and Demand for Safe Assets

Paper - The Supply and Demand for Safe Assets

Authors: Gary Gorton (Yale University) and Guillermo Ordonez (University of Pennsylvania)

Presenter
Guillermo Ordonez (University of Pennsylvania)
Discussant
Moritz Lenel (Princeton University)
Optimal Monetary Policy and Communication with an Informationally-Constrained Central Banker

Paper - Optimal Monetary Policy and Communication with an Informationally-Constrained Central Banker

Authors: Luigi Iovino (Bocconi University), Jennifer La’O (Columbia University), and Rui Mascarenhas (Columbia University)

Presenter
Jennifer La’O (Columbia University)
Discussant
V. V. Chari (University of Minnesota)
Central Bank Policy and the Concentration of Risk

Paper - Central Bank Policy and the Concentration of Risk

Authors: Nuno Coimbra (Banque de France), Daisoon Kim (NC State), and Helene Rey (London Business School)

Presenter
Helene Rey (London Business School)
Discussant
Nina Boyarchenko (FRB-New York)