Economic Fluctuations and Growth.

• Position: Program Meeting

Members of the NBER's Economic Fluctuations and Growth Program met online on July 17. Faculty Research Fellow Jennifer La'O of Columbia University and Research Associate Giovanni L. Violante of Princeton University organized the meeting. These researchers' papers were presented and discussed:

* Cecilia R. Caglio and Matthew Darst, Federal Reserve Board, and Sebnem Kalemli-Ozcan, University of Maryland and NBER, "Risk-Taking and Monetary Policy Transmission: Evidence from Loans to SMEs and Large Firms" (NBER Working Paper 28685)

* Daron Acemoglu, Massachusetts Institute of Technology and NBER, and Pascual Restrepo, Boston University and NBER, "Tasks, Automation, and the Rise in US Wage Inequality" (NBER Working Paper 28920)

* Martin S. Eichenbaum, Northwestern University and NBER, and Joao Guerreiro and Riccardo Bianchi Vimercati, Northwestern University, "Fiscal Policy at the Zero Lower Bound without Rational Expectations"

* Daniel Greenwald, Massachusetts Institute of Technology; Matteo Leombroni, Stanford University; Hanno Lustig...