| Federal Reserve Bank of Minneapolis May 17-18, 1991 |
|
| Friday, May 17 | |
| 1:00 p.m. | N. Kiyotaki, A. Matsui, and K. Matsuyama “Toward a Theory of International Currency” |
| Discussant: A. Stockman | |
| 2:00 p.m. | H. Gintis “Money in General Equilibrium” |
| Discussant: S. R. Aiyagari | |
| 3:00 p.m. | Break |
| 3:30 p.m. | T. Kehoe, N. Kiyotaki, and R. Wright “More on Money as a Medium of Exchange” |
| Discussant: M. Woodford | |
| 4:30 p.m. | W. Roberds “Legal Restrictions and Welfare in a Simple Model of Money” |
| Discussant: N. Wallace | |
| 6:00 p.m. | Reception |
| 7:00 p.m. | Dinner |
| Saturday, May 18 | |
| 9:00 a.m. | Coffee, rolls, and aspirin |
| 9:30 a.m. | F. Allen and D. Gale “Limited Market Participation and Excess Volatility of Asset Prices” |
| Discussant: N. Stokey | |
| 10:30 a.m. | Break |
| 11:00 a.m. | J. Lacker and S. Schreft “Money, Trade Credit, and Asset Prices” |
| Discussant: E. Green | |
| 12:00 p.m. | B. Champ, B. Smith, and S. Williamson “Currency Elasticity and Banking Panics: Theory and Evidence” |
| Discussant: A. Rolnick | |
| 1:00 p.m. | Lunch |
| 2:00 p.m. | A. Boot, S. Greenbaum, and A. Thakor “Reputation and Constructive Ambiguity in Financial Contracting” |
| Discussant: B. Prescott | |
| 3:00 p.m. | A. Prati “Poincaré’s Stabilization: Stopping a Run on Government Debt” |
| Discussant: B. Smith | |
| 4:00 p.m. | Break |
| 4:30 p.m. | M. Bordo, P. Rappoport, and A. Schwartz “Money Versus Credit: Evidence for the National Banking Era, 1880-1914” |
| Discussant: R. Lucas | |
| 6:00 p.m. | Reception |