Presenter: Laura Castillo-Martínez Affiliation: Duke University, Department of Economics. Paper: Frictionless Inflation. Date: December 2, 2025. Time: 15:00 Israel Time. Abstract: The existence of menu costs of price adjustment is one of the leading explanations for the delayed response of prices to changes in economic conditions. This paper investigates the relationship between menu costs of … Read more
Presenter: Pierpaolo Benigno Affiliation: University of Bern, Department of Economics. Book: Monetary Economics and Policy: A Foundation for Modern Currency Systems Date: May 20, 2025. Time: 15:00 Israel Time. Abstract: Over the past two decades, monetary policy has been deployed in unprecedented ways, as central banks attempted to mitigate the adverse consequences of the 2007–2008 … Read more
Presenter: Louphou Coulibaly Affiliation: University of Wisconsin-Madison, Department of Economics. Paper: The Optimal Monetary Policy Response to Tariffs. Date: July 15, 2025. Time: 15:00 Israel Time. Abstract: What is the optimal monetary policy response to tariffs? This paper explores this question within an open-economy New Keynesian model and shows that the optimal monetary policy response … Read more
Presenter: Alp Simsek Affiliation: Yale University, Yale School of Management Paper: A Note on Temporary Supply Shocks with Aggregate Demand Inertia Date: May 10, 2022 Time: 13:00 GMT Abstract: We study optimal monetary policy during temporary supply contractions when aggregate demand has inertia and expansionary policy is constrained. In this environment, it is optimal to … Read more