[University home]

Centre for Growth and Business Cycle Research

Programme

Time Thursday 30th June Friday 1st July
8am - 10.30am Registration Parallel Session 3
10.50am – 12.30pm

Keith Blackburn: Welcome

Talk 1:
Costas Azariadis
"Credit crunches as markov equilibria"

Talk 2:
John Driffill
"Financial shocks, unemployment and public policy"

Chair: Keith Blackburn

Room: Marquis

Talk 4:
Marcelle Chauvet
"Employment and the business cycle"

Talk 5:
Domenico Giannone
"Nowcasting"

Chair - Denise Osborn

Room: Flowers

12.30pm – 1.30pm Lunch Break Lunch Break
1.30pm – 3pm Parallel Session 1 Parallel Session 2
3pm - 3.30pm Tea Break Tea Break
3.30pm - 5pm Parallel Session 2
5.15pm - 6pm

Talk 3:
Ed Prescott
"Technology capital and gains from openness"

Chair: Anne Villamil

Room: Flowers

7pm Dinner

Parallel Session 1: Thursday 30th June, 1.30pm - 3pm

Theory:
Investment, Volatility and Growth

Chair: Max Gillman

Room: Griffiths
Empirical:
Growth and Development

Chair: Sugata Ghosh

Room: Lindsey
1) Chadha and Warren
"Business cycle accounting during UK recessions: are we neglecting the role of investment?"
1) Baptist, Eberhardt and Teal
"Production technology and technical progress"
2) Annicchiarico and Pelloni
"Growth and volatility: how important are wage and price rigidities?"
2) Bhatti, Haque and Osborn
"Inequality and the process of economic growth: threshold effects of human capital to physical capital ratio"
3) Dang, Gillman and Kejak
"Real business cycles with a human capital investment sector and endogenous growth: persistence, volatility and labour puzzles"
3) Ghosh and Gregoriou
"What is the role of democracy in the ethnicity-growth relationship?"

 

Parallel Session 2: Thursday 30th June, 3.30pm - 5pm

Theory:
Money and Finance
Chair: Alessandra Pelloni

Room: Griffiths
Empirical:
Monetary Policy
Chair: Hilde Bjørnland

Room: Lindsey
1) Gutiérrez and Palmero
"A note on the real effects of monetary shocks: a parsimonious limited participation model"
1) Arestis, Karaglou Mouratidis
"Comparing the monetary policy preferences of the ECB and of the Bank of England"
2)) Antunes, Cavalcanti and Villamil
"Intermediation costs and welfare under bankruptcy"
2) Hall, Osborn and Sakkas
"Breaks in US monetary policy: an information criteria approach to inference with endogenous regressors"
3) Acocella, Bartolomeo, Bisio and Pelloni
"Labour market imperfections, real wage rigidities and financial shocks"
3) Aastveit, Thorsrud  and Bjørnland
"The world is not enough: monetary policy and regional dependence"

 

Parallel Session 3: Friday 1st July, 9am -10.30am

Theory:
Imperfect competition and nominal rigidities
Chair: Paul Middleditch

Room: Griffiths
Empirical:
Macroeconomic Forecasting
Chair: Heather Anderson

Room: Lindsey
1) Görtz and Tsoukalas
"UK business cycles: evidence from an estimated two-sector DSGE model"
1) Clements and Galvão
"Improving real-time estimates of output gaps and inflation trends with multiple-vintage VAR models"
2) Bratsiotis and Tayler
"A new Keynesian model with relative price effects in aggregate consumption"
2) Lanne and Nyberg
"Forecasting US macroeconomic and financial time series with noncausal and causal AR models: a comparison"
3) Middleditch
"A new Keynesian model with heterogeneous price setting"
3) Tian and Anderson
"Forecasting under structural break uncertainty"

 

Parallel Session 4: Friday 1st July, 1.30pm - 3pm

Theory:
Growth, Development and Inequality
Chair: Christopher Tsoukis

Room: Griffiths
Empirical:
Real Time Analysis
Chair: Jan Jacobs

Room: Lindsey
1) Forgues-Puccio and Okumu
"Does size matter? Scale, corruption and uncertainty"
1) Aguiar-Conraria, Martins and Soares
"The yield curve and the macro-economy across time and frequencies"
2)Roberts
"The conflating effects of education and financial competition in an AK growth model with Nelson-Phelps human capital"
2) Frale, Grassi, Mazzi and Proietti
"EuroMInd: a monthly indicator of economic activity for the Euro area and the main member countries"
3) Tsoukis and Tournemaine
"Status in a canonical macro model: labour supply, growth and inequality"
3) Jacobs and van Norden
"Lessons from the latest data on US productivity"