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<�tr style='mso-yfti-irow:7'>
<�td width=715 valign=top style='width:7.45in;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal align=center style='text-align:center;tab-stops:1.0in'><�span
style='font-size:11.0pt;font-family:"Arial","sans-serif"'>Workshop on Methods
and Applications for Dynamic Stochastic<�o:p><�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:8'>
<�td width=715 valign=top style='width:7.45in;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal align=center style='text-align:center;tab-stops:1.0in'><�span
style='font-size:11.0pt;font-family:"Arial","sans-serif"'>General Equilibrium
Models<�o:p><�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:9'>
<�td width=715 valign=top style='width:7.45in;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal align=center style='text-align:center;tab-stops:1.0in'><�span
style='font-size:11.0pt;font-family:"Arial","sans-serif"'><�o:p> <�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:10'>
<�td width=715 valign=top style='width:7.45in;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal align=center style='text-align:center;tab-stops:1.0in'><�span
class=SpellE><�span style='font-size:11.0pt;font-family:"Arial","sans-serif"'>Boragan<�/span><�/span><�span
style='font-size:11.0pt;font-family:"Arial","sans-serif"'> <�span
class=SpellE>Aruoba<�/span>, Jesus Fernandez-<�span class=SpellE>Villaverde<�/span>,
and Frank <�span class=SpellE>Schorfheide<�/span>, Organizers<�o:p><�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:11'>
<�td width=715 valign=top style='width:7.45in;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal align=center style='text-align:center;tab-stops:1.0in'><�span
style='font-size:11.0pt;font-family:"Arial","sans-serif"'><�o:p> <�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:12'>
<�td width=715 valign=top style='width:7.45in;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal align=center style='text-align:center;tab-stops:1.0in'><�span
style='font-size:11.0pt;font-family:"Arial","sans-serif"'>July 10 and 11,
2014<�o:p><�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:13'>
<�td width=715 valign=top style='width:7.45in;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal align=center style='text-align:center;tab-stops:1.0in'><�span
style='font-size:11.0pt;font-family:"Arial","sans-serif"'><�o:p> <�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:14'>
<�td width=715 valign=top style='width:7.45in;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal align=center style='text-align:center;tab-stops:1.0in'><�span
style='font-size:11.0pt;font-family:"Arial","sans-serif"'>University BC Room<�o:p><�/o:p><�/span><�/p>
<�p class=MsoNormal align=center style='text-align:center;tab-stops:1.0in'><�span
style='font-size:11.0pt;font-family:"Arial","sans-serif"'>Royal Sonesta Hotel<�o:p><�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:15'>
<�td width=715 valign=top style='width:7.45in;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal align=center style='text-align:center;tab-stops:1.0in'><�span
style='font-size:11.0pt;font-family:"Arial","sans-serif"'>40 Edwin H. Land Boulevard<�o:p><�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:16'>
<�td width=715 valign=top style='width:7.45in;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal align=center style='text-align:center;tab-stops:1.0in'><�span
style='font-size:11.0pt;font-family:"Arial","sans-serif"'>Cambridge,
Massachusetts<�o:p><�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:17'>
<�td width=715 valign=top style='width:7.45in;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal align=center style='text-align:center;mso-outline-level:
1;tab-stops:1.0in'><�span style='font-size:11.0pt;font-family:"Arial","sans-serif";
mso-bidi-font-weight:bold'><�o:p> <�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:18;mso-yfti-lastrow:yes'>
<�td width=715 valign=top style='width:7.45in;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal align=center style='text-align:center;mso-outline-level:
1;tab-stops:1.0in'><�b><�u><�span style='font-size:11.0pt;font-family:"Arial","sans-serif"'>PROGRAM<�/span><�/u><�/b><�b><�span
style='font-size:11.0pt;font-family:"Arial","sans-serif"'><�o:p><�/o:p><�/span><�/b><�/p>
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<�/tr>
<�/table>
<�p class=MsoNormal style='text-align:justify;tab-stops:1.0in'><�span
style='font-size:11.0pt;font-family:"Arial","sans-serif";mso-bidi-font-weight:
bold'><�o:p> <�/o:p><�/span><�/p>
<�table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=721
style='width:540.9pt;border-collapse:collapse;mso-yfti-tbllook:1184;
mso-padding-alt:0in 5.4pt 0in 5.4pt'>
<�tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes'>
<�td width=721 colspan=2 valign=top style='width:540.9pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='text-align:justify;tab-stops:1.0in'><�b><�u><�span
style='font-size:11.0pt;font-family:"Arial","sans-serif"'>WEDNESDAY, JULY 9:<�/span><�/u><�/b><�span
style='font-size:11.0pt;font-family:"Arial","sans-serif";color:black'><�o:p><�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:1'>
<�td width=151 valign=top style='width:113.4pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif";mso-bidi-font-weight:bold'><�o:p> <�/o:p><�/span><�/p>
<�/td>
<�td width=570 valign=top style='width:427.5pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif";color:black'><�o:p> <�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:2'>
<�td width=151 valign=top style='width:113.4pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif";mso-bidi-font-weight:bold'><�span
style='mso-spacerun:yes'>Â <�/span>6:00 pm<�o:p><�/o:p><�/span><�/p>
<�/td>
<�td width=570 valign=top style='width:427.5pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif";color:black'>Clambake, Royal <�span
class=SpellE>Sonesta<�/span> Hotel<�/span><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'><�o:p><�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:3'>
<�td width=151 valign=top style='width:113.4pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�b><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'><�o:p> <�/o:p><�/span><�/b><�/p>
<�/td>
<�td width=570 valign=top style='width:427.5pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'><�o:p> <�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:4'>
<�td width=721 colspan=2 valign=top style='width:540.9pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='text-align:justify;mso-outline-level:1;tab-stops:
1.0in'><�b><�u><�span style='font-size:11.0pt;font-family:"Arial","sans-serif"'>THURSDAY,
JULY 10:<�/span><�/u><�/b><�span style='font-size:11.0pt;font-family:"Arial","sans-serif"'><�o:p><�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:5'>
<�td width=151 valign=top style='width:113.4pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�b><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'><�o:p> <�/o:p><�/span><�/b><�/p>
<�/td>
<�td width=570 valign=top style='width:427.5pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'><�o:p> <�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:6'>
<�td width=151 valign=top style='width:113.4pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�b><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'><�span style='mso-spacerun:yes'>Â <�/span><�/span><�/b><�span
style='font-size:11.0pt;font-family:"Arial","sans-serif";mso-bidi-font-weight:
bold'>12:00 n<�o:p><�/o:p><�/span><�/p>
<�/td>
<�td width=570 valign=top style='width:427.5pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'>Lunch<�o:p><�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:7'>
<�td width=151 valign=top style='width:113.4pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�b><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'><�o:p> <�/o:p><�/span><�/b><�/p>
<�/td>
<�td width=570 valign=top style='width:427.5pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'><�o:p> <�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:8'>
<�td width=151 valign=top style='width:113.4pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�b><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'><�span style='mso-spacerun:yes'>Â <�/span><�/span><�/b><�span
style='font-size:11.0pt;font-family:"Arial","sans-serif";mso-bidi-font-weight:
bold'>1<�/span><�span style='font-size:11.0pt;font-family:"Arial","sans-serif"'>:00
pm<�o:p><�/o:p><�/span><�/p>
<�/td>
<�td width=570 valign=top style='width:427.5pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal><�span style='font-size:11.0pt;font-family:"Arial","sans-serif"'>Mark
<�span class=SpellE>Gertler<�/span>, New York University and NBER<�br>
Chris <�span class=SpellE>Huckfeldt<�/span>, New York University<�br>
<�span class=SpellE>Antonella<�/span> <�span class=SpellE>Trigari<�/span>, <�span
class=SpellE>Bocconi<�/span> University, IGIER and CEPR<�br>
<�i style='mso-bidi-font-style:normal'>Unemployment Fluctuations, Match
Quality and the Cyclicality of New Hires Wages<�/i> <�br style='mso-special-character:
line-break'>
<�![if !supportLineBreakNewLine]><�br style='mso-special-character:line-break'>
<�![endif]><�o:p><�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:9'>
<�td width=151 valign=top style='width:113.4pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'><�span style='mso-spacerun:yes'>Â <�/span>2:00
pm<�o:p><�/o:p><�/span><�/p>
<�/td>
<�td width=570 valign=top style='width:427.5pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'>Eric T. Swanson, Federal Reserve Bank of
San Francisco <�br>
<�a href="http://www.nber.org/confer/2014/SI2014/EFSF/Swanson.pdf"><�i>A
Macroeconomic Model of Equities and Real, Nominal, and <�span class=SpellE>Defaultable<�/span>
Debt <�/i><�/a><�br style='mso-special-character:line-break'>
<�![if !supportLineBreakNewLine]><�br style='mso-special-character:line-break'>
<�![endif]><�o:p><�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:10'>
<�td width=151 valign=top style='width:113.4pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'><�span style='mso-spacerun:yes'>Â <�/span>3:00
pm<�o:p><�/o:p><�/span><�/p>
<�/td>
<�td width=570 valign=top style='width:427.5pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'>Break<�br style='mso-special-character:line-break'>
<�![if !supportLineBreakNewLine]><�br style='mso-special-character:line-break'>
<�![endif]><�o:p><�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:11'>
<�td width=151 valign=top style='width:113.4pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'><�span style='mso-spacerun:yes'>Â <�/span>3:20
pm<�o:p><�/o:p><�/span><�/p>
<�/td>
<�td width=570 valign=top style='width:427.5pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'>Bill <�span class=SpellE>Dupor<�/span>,
Federal Reserve Bank of St. Louis<�br>
<�span class=SpellE>Rong<�/span> Li, Ohio State University<�br>
<�a href="http://www.nber.org/confer/2014/SI2014/EFSF/Dupor_Li.pdf"><�i>The
Expected Inflation Channel of Government Spending in the Postwar U.S. <�/i><�/a><�i
style='mso-bidi-font-style:normal'><�br style='mso-special-character:line-break'>
<�![if !supportLineBreakNewLine]><�br style='mso-special-character:line-break'>
<�![endif]><�/i><�o:p><�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:12'>
<�td width=151 valign=top style='width:113.4pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'><�span style='mso-spacerun:yes'>Â <�/span>4:20
pm<�o:p><�/o:p><�/span><�/p>
<�/td>
<�td width=570 valign=top style='width:427.5pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'>Adjourn<�o:p><�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:13'>
<�td width=151 valign=top style='width:113.4pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'><�o:p> <�/o:p><�/span><�/p>
<�/td>
<�td width=570 valign=top style='width:427.5pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'><�o:p> <�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:14'>
<�td width=721 colspan=2 valign=top style='width:540.9pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='text-align:justify;mso-outline-level:1;tab-stops:
1.0in'><�b><�u><�span style='font-size:11.0pt;font-family:"Arial","sans-serif"'>FRIDAY,
JULY 11:<�/span><�/u><�/b><�span style='font-size:11.0pt;font-family:"Arial","sans-serif"'><�o:p><�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:15'>
<�td width=151 valign=top style='width:113.4pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'><�o:p> <�/o:p><�/span><�/p>
<�/td>
<�td width=570 valign=top style='width:427.5pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'><�o:p> <�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:16'>
<�td width=151 valign=top style='width:113.4pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'>12:00 n<�o:p><�/o:p><�/span><�/p>
<�/td>
<�td width=570 valign=top style='width:427.5pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'>Lunch<�o:p><�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:17'>
<�td width=151 valign=top style='width:113.4pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'><�o:p> <�/o:p><�/span><�/p>
<�/td>
<�td width=570 valign=top style='width:427.5pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'><�o:p> <�/o:p><�/span><�/p>
<�/td>
<�/tr>
<�tr style='mso-yfti-irow:18'>
<�td width=151 valign=top style='width:113.4pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'><�span style='mso-spacerun:yes'>Â <�/span>1:00
pm<�o:p><�/o:p><�/span><�/p>
<�/td>
<�td width=570 valign=top style='width:427.5pt;padding:0in 5.4pt 0in 5.4pt'>
<�p class=MsoNormal style='tab-stops:1.0in'><�span style='font-size:11.0pt;
font-family:"Arial","sans-serif"'>Thomas <�span class=SpellE>Lubik<�/span>,
Federal Reserve Bank of Richmond<�br>
Christian <�span class=SpellE>Matthes<�/span>, Federal Reserve Bank of Richmond<�br>
<�a
href="https://www.richmondfed.org/publications/research/working_papers/2014/pdf/wp14-02.pdf"><�i>Indeterminacy
and Learning: An Analysis of Monetary Policy in the Great Inflation <�/i><�/a><�i><�br
style='mso-special-character:line-break'>
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Federal Reserve Board<�br>
Matteo <�span class=SpellE>Iacoviello<�/span>, Federal Reserve Board<�br>
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HEC Paris<�br>
<�span class=SpellE>Veronika<�/span> <�span class=SpellE>Czellar<�/span>, EMLYON
Business School<�br>
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the Looking Glass: Indirect Inference Via Simple Equilibria <�/i><�/a><�i
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Francesca V. Monti, Bank of England<�br>
<�span class=SpellE>Lucrezia<�/span> <�span class=SpellE>Reichlin<�/span>, London
Business School<�br>
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