IV Annual Santiago Macro Conference – Día 1

13:45 – 14:00 Opening Remarks

Session 1: Chaired by Joaquin Vial (Vicepresident of the Central Bank of Chile)

14:00 – 14:50 Pete Klenow (Stanford)

“A Global View of Creative Destruction”

14:50 – 15:40 Ernesto Pasten (Central Bank of Chile)

“Frictional Fiscal Multiplier: From Micro to Macro”

15:40 – 15:55 Discussion

15:55 – 16:05 Coffee Break

Session 2: Chaired by Jose Miguel Sanchez (Dean of Economics and Business School, PUC)

16:05 – 16:55 Michael Woodford (Columbia)

“Effective Demand Failures and the Limits of Monetary Stabilization Policy“

16:55 – 17:45 Javier Turén (PUC)

“Subsidizing Startups under Rational Inattention”

17:45 – 18:00 Discussion