Monetary Economics program meeting.

• Position: Program and Working Group Meetings

The NBER's Monetary Economics Program met at the Federal Reserve Bank of New York on March 2, 2012. NBER Research Associates Ricardo Reis of Columbia University and Mark W. Watson of Princeton University organized this program:

* Markus K. Brunnermeier, Princeton University and NBER, and Yuliy Sannikov, Princeton University, "The I Theory of Money"

* Jesus Fernandez-Villaverde, University of Pennsylvania and NBER; Pablo A. Guerron-Quintana, North Carolina State University; Keith Kuester, Federal Reserve Bank of Philadelphia; and Juan Rubio-Ramirez, Duke University, "Fiscal Volatility Shocks and Economic Activity"

* Emmanuel Farhi and Gita Gopinath, Harvard University and NBER, and Oleg Itskhoki, Princeton University and NBER, "Fiscal Devaluations"

* Eric T. Swanson and John Williams, Federal Reserve Bank of San...