Conferences & workshop

CSEF-CIM-UCL Conference “Macroeconomics after the Great Recession”

The conference is held in Ischia at the Albergo Della Regina Isabella and is organized jointly with the Center for International Macroeconomics (Northwestern University) and University College London (UCL),


Monday, 15 June 2015

9.15 – 9.30 Welcome address

Morning Sessions – Chair: Martin Eichenbaum (Northwestern University)

9.30 – 10.30 Klaus Adam (University of Mannheim)
“Can a Financial Transactions Tax Prevent Stock Price Booms?” (joint with A. Marcet, S. Merkel and J. Beutel)
Discussant: Martin Ellison (Oxford University)

10.30 – 11.00 Coffee Break

11.00 – 12.00 Marco Bassetto (University College London)
“Forward Guidance: Communication, Commitment, or Both?”
Discussant: Luigi Paciello (Einaudi Institute for Economics and Finance)

12.00 – 13.00 Giancarlo Corsetti (Cambridge University)
“The Mystery of the Printing Press” (joint with L. Dedola)
Discussant: Marco Bassetto (University College London)
13.00- 14.30 Lunch

Afternoon Sessions – Chair: Morten Ravn (University College London)

14.30 – 15.30 Martin Eichenbaum (Northwestern University)
“Is There a Uniqueness Problem In New Keynesian Model?” (joint with L. Christiano and B. Johansen)
Discussant: Morten Ravn

15.30 – 16.30 Sergio Rebelo (Northwestern University)
“Trading down and the business cycle” (joint with N. Jaimovich and A. Wong)
Discussant: Tommaso Oliviero (CSEF)

16.30 – 17.30 Coffee Break

17.30- 18.30 Raffaella Giacomini (University College London)
“Rationally heterogeneous forecasters” (joint with V. Skreta and J. Turen)
Discussant: Jean-Paul L’Huillier (Einaudi Institute for Economics and Finance)

20.30 Reception and Dinner

Tuesday, 16 June 2015

Morning Sessions – Chair: Saverio Simonelli (University of Naples Federico II and CSEF)

9.00 – 10.00 Morten Ravn (University College London)
“(S)cars in the Great Recession” (joint with O. Attanasio and M. Padula)
Discussant: Annalisa Scognamiglio (CSEF)

10.00 – 10.30 Coffee Break

10.30 – 11.30 Guido Lorenzoni (Northwestern University)
“House Prices and Consumer Spending” (joint with D. Berger, V. Guerrieri and J. Vavra)
Discussant: Joao Cocco (London Business School)

11.30-12.30 Marco Pagano (University of Naples Federico II and CSEF)
“Banks Exposures and Sovereign Stress Transmission” (joint with C. Altavilla and S. Simonelli)
Discussant: Tim Eisert (Erasmus University Rotterdam)

12.30- 13.30 Lunch

Afternoon Sessions – Chair: Morten Ravn (University College London)

13.30 – 14.30 Pontus Rendahl (Cambridge University)
“Fiscal Policy in an Unemployment Crisis”
Discussant: Vincent Sterk (University College Lonodon)

14.30 – 15.30 Alp Simsek (MIT)
“Investment Hangover and the Great Recession” (joint with M. Rognlie and A. Shleifer)
Discussant: Guido Lorenzoni (Northwestern University)

Martin Eichenbaum (Northwestern University)
Morten Ravn (University College London)
Saverio Simonelli (University of Naples Federico II and CSEF)

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