Monetary Economics.

• Position: Program and Working Group Meetings

The NBER's Program on Monetary Economics met in Chicago on March 3. Research Associate Yuriy Gorodnichenko of the University of California, Berkeley, and Faculty Research Fellow Kinda Cheryl Hachem of the University of Chicago organized the meeting. These researchers' papers were presented and discussed:

* Ernesto Pasten, Central Bank of Chile; Raphael Schoenle, Brandeis University; and Michael Weber, University of Chicago and NBER, "Nominal Rigidities and the Granular Origins of Aggregate Fluctuations"

* Andres Drenik, Columbia University, and Diego Perez, New York University, "Price Setting under Uncertainty about Inflation"

* Camila Casas, Banco de la Republica (Colombia); Federico Diez, Federal Reserve Bank of Boston; Gita Gopinath, Harvard University and NBER...