Monetary Economics Program meeting.

• Position: Program and Working Group Meetings

The NBER's Monetary Economics Program met in Cambridge on November 4, 2011. NBER Research Associate Julio Rotemberg of Harvard Business School and Faculty Research Fellow Yuriy Gorodnichenko of the University of California, Berkeley, organized this program:

* Ruediger Bachmann, University of Michigan and NBER; Tim Berg, Ifo Institute; and Eric R. Sims, University of Notre Dame and NBER, "Inflation Expectations and Readiness to Spend: Cross-Sectional Evidence"

* Susanto Basu, Boston College and NBER, and Brent Bundick, Boston College, "Uncertainty Shocks in a Model of Effective Demand"

* Atif Mian, University of California, Berkeley and NBER, and Amir Sufi, University of Chicago and NBER, "What Explains High Unemployment ? The Aggregate Demand Channel"

* Bartosz...