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The European Central Bank (ECB) and the Athens Laboratory of Economic Policy studies (IMOP) are organising the third of an annual series of Workshops on Dynamic Macroeconomics on 10-11 June 2005. This year’s event is also supported by the Swiss National Bank (SNB).
The workshop is co-organised by Plutarchos Sakellaris (Athens University of Economics and Business, IMOP & Ministry of Economy and Finance) and Frank Smets (European Central Bank). An advisory committee, consisting of Orazio Attanasio (University College London), Fabio Canova (Pompeu Fabra University), Harris Dellas (University of Bern & IMOP), Wouter DenHaan (London Business School), Luigi Guiso (University of Sassari, Ente Luigi Einaudi), Sergio Rebelo (Kellogg School of Management), Harald Uhlig (Humboldt Universität Berlin), Jean-Marc Natal (Swiss National Bank) has assisted in drawing up the progamme.
As soon as is available, it will be possible to download the papers by clicking on their title in the preliminary programme below. Attendance at the conference is by invitation only. Please address any correspondence to Maria Zanti (IMOP) using the following addresses: (mzanti@aueb.gr or imop@aueb.gr). Participants can find local information in the enclosed document: ( pdf 433 kB, en).
Preliminary Programme:
| 21:00 | Dinner |
| 09:00 - 09:15 | Welcome |
| Chair: Frank Smets (ECB) | |
| 09:15 - 10:30 | Optimal sticky prices under rational inattention pdf 591 kB, en Bartosz Mackowiak (Humboldt University) and Mirko Wiederholt (Humboldt University)* |
| Discussants: Federico Ravenna (UC Santa Cruz) and (TBA) | |
| 10:30 - 10:45 | Coffee break |
| 10:45 - 12:00 | Neoclassical growth and the adoption of technologies pdf 1.5 MB, en Bart Hobijn (Federal Reserve Bank of New York) and Diego Comin (New York University)* |
| Discussants: Fabrice Collard (Université de Toulouse) and John Fernald (San Francisco Fed) | |
| 12:00 - 13:15 | Temporary shocks and the unavoidable road to high taxes and high unemployment pdf 477 kB, en Wouter Denhaan (London Business School) |
| Discussants: Rafael Wouters (Banque Nationale de Belgique) and Christian Haefke (Universitat Pompeu Fabra) | |
| 13:15 - 14:30 | Light Lunch |
| Chair : Wouter Denhaan (London Business School) | |
| 17:00 -18:15 | Estimating the effects of fiscal policy in OECD countries pdf 941 kB, en Roberto Perotti (IGIER-Università Bocconi) |
| Discussants: David Lopez-Salido (Banco de España) and Evi Pappa (IGIER-Università Bocconi) | |
| 18:15 -18:30 | Coffee break |
| 18:30 - 19:45 | The new Keynesian model with imperfect information and learning pdf 199 kB, en Harris Dellas (University of Bern) and Fabrice Collard (Université de Toulouse)* |
| Discussants: Fabio Canova (IGIER-Università Bocconi) and Stefano Neri (Banca d’Italia) | |
| 21.00 | Dinner |
| Chair: Jean-Marc Natal (Swiss National Bank) | |
| 9:00 - 10:15 | Adaptive learning and the use of forecasts in monetary policy pdf 242 kB, en Bruce Preston (Columbia University) |
| Discussants: Martin Ellison (Warwick University) and Klaus Adam (ECB) | |
| 10:15 -10:30 | Coffee break |
| 10:30 - 11:45 | Productivity spillovers, terms of trade and the home market effect pdf 212 kB, en Giancarlo Corsetti (European University Institute), Paolo Pesenti (Federal Reserve Bank of New York)* and Philippe Martin (Université Paris-I Panthéon-Sorbonne)* |
| Discussants: Tommaso Monacelli (IGIER-Università Bocconi) and Roberto De Santis (ECB) | |
| 11:45 - 13:15 | Private debt and income inequality: A business cycle analysis pdf 388 kB, en Matteo Iacoviello (Boston College) |
| Discussants: Dirk Krüger (Frankfurt University) and Zvi Hercowitz (Tel Aviv University) | |
| 13.15 - 14:15 | Light Lunch |
| Chair: Plutarchos Sakellaris (Athens University of Economics and Business, IMOP & Ministry of Economy and Finance) | |
| 17:00 - 18:15 | Deep habits pdf 484 kB, en Morten Ravn (European University Institute), Stephanie Schmitt-Grohe (Duke University)* and Martin Uríbe (Duke University)* |
| Discussants: Ester Faia (Universitat Pompeu Fabra) and Gianluca Benigno (London School of Economics) | |
| 18:15 - 18:30 | Coffee break |
| 18:30 - 19:45 | The timing of monetary policy shocks pdf 556 kB, en Silvana Tenreyro (London School of Economics) |
| Discussants: Luca Sala (IGIER-Università Bocconi) and Benoît Mojon (ECB) | |
| 21.00 | Dinner |
| Organizers: Plutarchos Sakellaris (Athens University of Economics and Business, IMOP & Ministry of Economy and Finance) Frank Smets (ECB) |