The University of Western Ontario
Department of Economics

Monetary Economics Conference
March 10-13, 2005
Spencer Conference Centre
London, Ontario

Program

Sponsors:

  • Department of Economics, University of Western Ontario
  • Bank of Montreal Chair, Bank of Canada
  • RBC Financial Group Economic Policy Research Institute

Organizers:
Martin Gervais
David Laidler

Conference Schedule

A reception with sandwiches and cash bar will open the conference at the Spencer Conference Centre, adjacent to the campus of the University of Western Ontario, on the evening of Thursday, March 10th welcoming participants. The conference sessions will begin at 8:45 a.m. on Friday, March 11, 2005 at the Spencer Conference Centre and will end Sunday, March 13th after two concluding sessions.  A lunch will follow at 12:00 noon for those guests with a later departure.

Thursday, March 10
2:00 pm onwards Guests check in at Spencer Conference Centre
6:30 pm Reception at Spencer Conference Centre (sandwiches and cash bar)
Friday, March 11
8:45 - 9:00 am Welcome Address (Terry Sicular, Acting Chair, Dept. of Economics)
9:00 - 10:00 am
Session Chair:
David Laidler
Neil Wallace (Penn State University)
"Monetary Theory at the Beginning of the 21st Century"
10:00 - 10:15 am Coffee Break
10:15 - 11:15 am
Session Chair:
David Laidler
Randall Wright (University of Pennsylvania)
"Money and Banking in Search Equilibrium"
(with Ping He and Lixin Huang)
11:15 - 11:30 am Coffee Break
11:30 - 12:30 pm
Session Chair:
David Laidler
Mick Devereux (University of British Columbia)
"A Model of a Vehicle Currency with Fixed Costs of Trading"
(with Shouyong Shi)
12:30 - 2:00 pm LUNCH
2:00 - 3:00 pm
Session Chair:
Andres Erosa
Gregor Smith (Queen's University)
"Identifying the New Keynesian Phillips Curve"
(with James M. Nason)
3:00 - 3:15 pm Coffee Break
3:15 - 4:15 pm
Session Chair:
Andres Erosa
Perry Mehrling (Barnard College)
"Monetary Transmission without Sticky Prices"
4:15 - 4:30 pm Coffee Break
4:30 - 5:30 pm
Session Chair:
Andres Erosa
Steve Williamson (University of Iowa)
"Monetary Policy and Distribution"
6:00 pm Cash Bar
7:00 pm Dinner at Spencer Conference Centre
Saturday, March 12
9:00 - 10:00 am
Session Chair:
Angela Redish
George Selgin (University of Georgia)
"Mengerian Perspectives on the Future of Money"
10:00 - 10:15 am Coffee Break
10:15 - 11:15 am
Session Chair:
Angela Redish
Warren Weber (FRB Minneapolis)
"Were U.S. State Banknotes Priced as Securities?"
11:15 - 11:30 am Coffee Break
11:30 - 12:30 pm
Session Chair:
Angela Redish
Jim MacGee (University of Western Ontario)
"Trade and the Canadian Great Depression" (Abstract)
12:30 - 2:00 pm LUNCH
2:00 - 3:00 pm
Session Chair:
Kevin Hoover
Shouyong Shi (University of Toronto)
"Liquidity, Interest Rates and Output"
3:00 - 3:15 pm Coffee Break
3:15 - 4:15 pm
Session Chair:
Kevin Hoover
David Andolfatto (Simon Fraser University)
"On the Coexistence of Money and Bonds"
4:15 - 4:30 pm Coffee Break
4:30 - 5:30
Session Chair:
Kevin Hoover
Peter Howitt (Brown University)
"Money and Bonds in Organized Exchange"
6:00 pm Cash bar
7:30 pm Conference Dinner in Honour of David Laidler
Sponsored by the Bank of Canada
Home Restaurant
119 King Street
Sunday, March 13
9:15 - 10:15 am
Session Chair:
Martin Gervais
Bennett McCallum (Carnegie-Mellon University)
"Michael Woodford's Interest and Prices: A Review Article"
10:15 - 10:30 am Coffee Break
10:30 - 11:30 am
Session Chair:
Martin Gervais
Michael Woodford (Columbia University)
"After Monetary Theory"
11:30 am Conference Ends
12:00 noon Lunch for guests with later departures
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