Navigation Path: Home > Events > Conferences & seminars > Wage and labour cost dynamics
Please note that the conference is by invitation only.
Venue:
European Central Bank
Eurotheum
Neue Mainzer Strasse 66-68
D-60311 Frankfurt am Main
| 8:45 - 9:00 | Welcome address Mr Stark (European Central Bank) |
| Session 1: | Measuring Wage Rigidities (1) Chair: Frank Smets (European Central Bank) |
| 9:00 - 10:15 | Keynote Speech Insights Gained from Conversations with Labor Market Decision Makers pdf 115 kB,en Truman Bewley (Yale University) |
| 10:15 - 10:30 | Coffee Break |
| 10:30 - 11:30 | The Interaction of Labor Markets and Inflation: Micro Evidence from the International Wage Flexibility Project pdf 824 kB,en William T Dickens( * ) (The Brookings Institution) Lorenz Goette (University of Zurich and CEPR) Erica L. Groshen (Federal Reserve Bank of New York) Steinar Holden (University of Oslo) Julian Messina (CSEF, University of Salerno and the European Central Bank) Mark E. Schweitzer (Federal Reserve Bank of Cleveland) Jarkko Turunen (European Central Bank) Melanie Ward (European Central Bank and IZA) Discussant: Jordi Galí (CREI, Universitat Pompeu Fabra and CEPR) |
| 11:30 - 12:30 | Downward Nominal Wage Rigidity in the OECD pdf 940 kB,en Steinar Holden( * ) (University of Oslo) Fredrik Wulfsberg (Norges Bank) Discussant: Guiseppe Bertola (Università degli Studi di Torino and CEPR) |
| 12:30 - 13:30 | Lunch |
| Session 2: | Measuring Wage Rigidities (2) Chair: Francesco Mongelli (European Central Bank) |
| 13:30 - 14:30 | Wage Rigidity Measures with Matched Employer-Employee Data: the French Case pdf 337 kB,en Pierre Biscourp (INSEE, Paris) Orietta Dessy( * ) (Università Bocconi) Nathalie Fourcade (INSEE, Paris) Discussant: Mark E. Schweitzer (Federal Reserve Bank of Cleveland) |
| 14:30 - 15:30 | Effects of Employment Protection Legislation on Wages: a Regression Discontinuity Approach pdf 368 kB,en Marco Leonardi (Universitá degli Studi di Milano and IZA) Giovanni Pica( * ) (University of Salerno and CSEF) Discussant: Juan Francisco Jimeno (Banco de España and CEPR) |
| 15:30 - 15:45 | Coffee Break |
| Session 3: | Macro View on Wage Adjustment Chair: Gabriel Fagan (European Central Bank) |
| 15:45 - 16:45 | On-the-Job Search and the Cyclical Dynamics of the Labor Market pdf 320 kB,en Michael Krause( * ) (Deutsche Bundesbank) Thomas A. Lubik (Federal Reserve Bank of Richmond) Discussant: Tobias Linzert (European Central Bank) |
| 16:45 - 17:45 | Rigidities and Policy in New Keynesian Fair Wage Models of the Business Cycle pdf 318 kB,en David de la Croix (Université Catholique de Louvain) Gregory de Walque (National Bank of Belgium) Rafael Wouters( * ) (National Bank of Belgium) Discussant: Ester Faia (Universitat Pompeu Fabra) |
| 19:30 | Dinner
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| Session 4: | Empirical Work on Wage Adjustment (1): Micro issues Chair: Torben Andersen (Universitet Aarhus and CEPR) |
| 9:15 - 10:15 | Wage Inequality in Spain: Recent Developments pdf 1.1 MB,en Mario Izquierdo( * ) (Banco de España) Aitor Lacuesta (Banco de España) Discussant: Gerard Antonie Pfann (University of Maastricht and CEPR) |
| 10:15 - 11:15 | Product Market and Labor Market Imperfections and Heterogeneity in Panel Data Estimates of the Production Function pdf 967 kB,en Sabien Dobbelaere( * ) (Ghent University) Jacques Mairesse (CREST-INSEE and MERIT-Maastricht University) Discussant: Philip Vermeulen (European Central Bank) |
| 11:15 - 11:30 | Coffee Break |
| 11:30 - 12:30 | The Cyclicality of Effective Wages within Employer-Employee Matches– Evidence from German Panel Data pdf 234 kB,en Silke Anger (German Institute for Economic Research, DIW, Berlin) Discussant: Bernd Fitzenberger (Goethe-University) |
| 12:30 - 13:30 | Lunch |
| Session 5: | Empirical Work on Wage Adjustment (2): Macro issues Chair: Hans-Joachim Klöckers (European Central Bank) |
| 13:30 - 14:30 | Understanding the Dynamics Labor Shares and Inflation pdf 232 kB,en Martina Lawless (Central Bank and Financial Services Authority of Ireland) Karl Whelan ( * )(Central Bank and Financial Services Authority of Ireland) Discussant: Ekkehard Ernst (OECD) |
| 14:30 - 15:30 | Aggregating Phillips Curves pdf 1.6 MB,en Jean Imbs (HEC Lausanne, Swiss Finance Institute and CEPR) Eric Jondeau (HEC Lausanne and Swiss Finance Institute) Florian Pelgrin ( * )(HEC Lausanne and CIRANO) Discussant: David López-Salido (Federal Reserve Board and CEPR) |
Authors have 35 minutes to present to be followed by 15 minutes for the discussant and 10 minutes general discussion.
