The NBER Reporter 2011 Number 2: Conferences

The NBER's Twenty-sixth Annual Conference on Macroeconomics, organizer by Research Associates Daron Acemoglu of MIT and Michael Woodford of Columbia University, took place in Cambridge on April 8 and 9. These papers were discussed:

• Andreas Fuster and Ben Hebert, Harvard University, and David Laibson, Harvard University and NBER, "Natural Expectations, Macroeconomic Dynamics, and Asset Pricing"

• Klaus Adam, University of Mannheim; Pei Kuang, Frankfurt University; and Albert Marcet, London School of Economics, "House Prices and the Current Account"

• Markus K. Brunnermeier, Princeton University and NBER; Gary B. Gorton, Yale University and NBER; and Arvind Krishnamurthy, Northwestern University and NBER, "Risk Topography"

• Deniz Igan, Prachi Mishra, and Thierry Tressel, International Monetary Fund, "A Fistful of Dollars: Lobbying and the Financial Crisis"

• Gianluca Benigno, London School of Economics; Pierpaolo Benigno, Luiss Guido Carli and NBER; and Salvatore Nistico, Universita di Roma, La Sapienza, "Risk, Monetary Policy, and The Exchange Rate"

• Jordi Gali, CREI and NBER; Frank Smets, European Central Bank; and Raf Wouters, National Bank of Belgium, "Unemployment in an Estimated New Keynesian Model"

Summaries of these papers may be found here.

The NBER's twelfth annual Conference on Innovation Policy and the Economy took place in Washington on April 12. The conference was organized by NBER Research Associates Joshua Lerner of Harvard University and Scott Stern of Northwestern University. The following papers were discussed:

• Simon Johnson, MIT and NBER, "Is Innovation Always Good for the Economy?"

• John Haltiwanger, University of Maryland and NBER, "Job Creation and Firm Dynamics in the U.S."

• Lee Fleming, Harvard University, and Matt Marx, MIT, "Non-compete Agreements: Barriers to Entry...and Exit?"

• Avi Goldfarb, University of Toronto, and Catherine Tucker, MIT, "Privacy and Innovation"

• Joel Waldfogel, University of Minnesota and NBER, "Music Piracy and its Effects on Demand, Supply, and Welfare"

Summaries of these papers may be found here.