Monetary Economics.

• Position: Program and Working Group Meetings

The NBER's Program on Monetary Economics met in Cambridge on November 6, 2009. NBER Research Associates Nicholas Bloom of Stanford University and James Stock of Harvard University organized the meeting. These papers were discussed:

* Glenn Rudebusch and Eric Swanson, Federal Reserve Bank of San Francisco, "The Bond Premium in a DSGE Model with Long-Run Real and Nominal Risks"

* Scott Borger, Office of Immigration Statistics; James Hamilton, University of California, San Diego and NBER; and Seth Pruitt, Federal Reserve Board of Governors, "The Market-Perceived Monetary Policy Rule"

* Francois Gourio, Boston University and NBER, "Disaster Risk and Business Cycles" (NBER Working Paper No. 15399)

* Manuel Adelino...