Monetary Economics.

• Position: Program and Working Group Meeting

Members of the NBER's Monetary Economics Program met March 8 at the Federal Reserve Bank of Chicago. Faculty Research Fellow David W. Berger of Northwestern University, Research Associate Giorgio Primiceri of Northwestern University, and Program Directors Emi Nakamura and Jon Steinsson, both of the University of California, Berkeley organized the meeting. These researchers' papers were presented and discussed:

* Jasmine Xiao, University of Notre Dame, "Borrowing to Save and Investment Dynamics"

* Gauti B. Eggertsson, Brown University and NBER; Ella Wold, Brown University; Ragnar Juelsrud, BI Norwegian Business School; and Lawrence H. Summers, Harvard University and NBER, "Negative Nominal Interest Rates and the Bank Lending Channel"

* Pierpaolo Benigno, LUISS Guido Carli University, "Monetary Policy in a World of Cryptocurrencies"

* Gabriel Chodorow-Reich and Gita Gopinath, Harvard University and NBER (on leave); Prachi Mishra, Goldman Sachs...