We will meet via a bi-weekly webinar on Mondays at 10AM ET / 3PM BST / 4PM CEST. Each seminar will be 1 hour long and will consist of a presentation and a Q&A session. Please register below to receive the Zoom link.

ORGANIZERS
Johanna Rickne (Stockholm University and CEPR)
Olle Folke (Uppsala University)

PROGRAMME

21 September 2020:
Fabrizio Zilibotti, Yale University
It Takes a Village: The Economics of Parenting with Neighborhood and Peer Effects

05 October 2020:
Sonia Bhalotra, Essex University
Layoffs, Benefits and Domestic Violence

19 October 2020:
Joe Altonji, Yale University
Marriage Dynamics, Earnings Dynamics, and Lifetime Family Income

02 November 2020:
TBA

16 November 2020:
Raquel Fernandez, New York University

30 November 2020:
Iris Bohnet, Harvard University
Supply- and Demand-Side Effects in Performance Appraisals: Gender and Race

14 December 2020:
Oriana Bandiera, LSE

11 January 2021:
Barbara Petrongolo, Queen Mary University

We are delighted to announce that the CEPR Network on Financial Economics is launching a virtual seminar series at the start of the academic year.

The CEPR Advanced Forum for Financial Economics (CAFFE) will be organized by Laurent Calvet, Kim Peijnenburg, and Raman Uppal from EDHEC Business School. Its objective is to make cutting-edge finance research available to researchers based in Europe and around the world. There will be one seminar each month covering all topics in Financial Economics. The seminar is open to all participants but special emphasis will be placed on European-based researchers working on novel issues such as the financial implications of Covid-19. We view this seminar series as a joint venture of all researchers in Financial Economics and we very much look forward to your wholehearted and enthusiastic support.

Each seminar will run for 75 minutes, with 40 minutes allocated to the speaker, 20 minutes to a discussant, and 15 minutes for questions from the audience. The seminar starts just after lunch at 2PM CET (1PM London time), so have your caffè during CAFFE!

The collapse of communism in Central, East and South-East Europe (CESEE) led to great hopes for the region and for Europe. Three decades on, the picture is mixed: in many CESEE countries, the transformation process is incomplete, and the economic catch-up has taken longer than anticipated.

The current situation has highlighted the need for a better understanding of the long-term political and economic implications of the Central, East and South-East European historical experience. This thematically organised text covers a clear and comprehensive guide to the economic history of CESEE from 1800 to the present day. Bringing together authors from both East and West, the book also draws on the cutting-edge research of a new generation of scholars from the CESEE region. Presenting a thoroughly modern overview of the history of the region, the text will be invaluable to scholars and students of economic history, transition economies and CESEE area studies.

The editor (Matthias Morys) and one contributing author (Tamás Vonyó) will highlight some important findings of this large research project, followed by comments from Tracy Dennison and Olga Popova. The event is chaired by Stephen Broadberry, CEPR Programme Director for Economic History and himself a contributing author to the book.

The seminar will consist of 45 minutes of presentation and discussion, followed by 30 minutes of open discussion. During the first 45 minutes, the audience may submit questions using the Q&A facility and the chair will relay them to the speakers. The last 30 minutes of the event will be reserved for an open discussion. Please register here: https://us02web.zoom.us/meeting/register/tZcrd-ihpz0jG9WmAzwovLsgw6gXFuV90bTo.

Speakers:

Discussants:

The CEPR Network on Household Finance is launching a new online seminar series on Household Finance. The series is currently run by Cristian Badarinza (National University of Singapore) and Vimal Balasubramaniam (Queen Mary University of London). We meet once a fortnight on Friday (CET 15:00) on Zoom. This is structured like a regular seminar, with light-touch moderation and opportunities to ask questions during the presentation. The Zoom link to each seminar will be made available on email, one hour before the session.

Friday 15 January - Enrichetta Ravina (Kellogg School of Management; European Corporate Governance Institute (ECGI), Cheng Luo (Farallon Capital Management) and Luis M. Viceira (Harvard Business School - Finance Unit; National Bureau of Economic Research (NBER) presenting on "Retail Investors? Contrarian Behavior Around News and the Momentum Effect."

To receive information on how to join each seminar, please sign up to our CEPR Household Finance mailing list by clicking https://portal.cepr.org/cepr-household-finance-seminar-series. The Zoom link to each seminar will be made available on email, one hour before the session. Follow us on twitter (@cepr_org) and visit our webpage https://cepr.org/cepr-household-finance-seminar-series.

08:30-09:45 ET (Washington)
13:30-14:45 GMT (London)
14:30-15:45 CET (Geneva)

The notion of the monetary-fiscal policy mix has made a spectacular comeback as countries have been forced to takle the devastating economic fallout from the COVID-19 pandemic. The 23rd Geneva Report on the World Economy stresses that the desirable coordination between central banks and treasuries can only work if the credibility of their commitment to desirable long-term goals ? healthy growth under price stability and public debt sustainability ? is preserved and backed by a resilient institutional framework, and urges policymakers to develop a strategy aimed at regaining policy space on both sides of the mix.

Join Adam Posen, Elga Bartsch, Agnès Bénassy-Quéré, Giancarlo Corsetti, Xavier Debrun and discussants Benoît Coeuré and Jason Furman in this online launch, hosted by PIIE and CEPR.

Although global economic output is recovering from the collapse triggered by COVID-19, it will remain below pre-pandemic trends for a prolonged period. Until the pandemic is brought under control around the world, the recovery will be subdued and may get derailed by several risks. In particular, the pandemic has exacerbated the risks associated with a decade-long wave of global debt accumulation. It is also likely to steepen the long-expected slowdown in potential growth over the next decade unless a major policy push for growth is made in many countries.

Join Ayhan Kose, Franziska Ohnsorge, Jeremy Lawson, Nathan Sussman and Ugo Panizza in this upcoming discussion on the World Bank's latest GEP report.

The CEPR Network on Household Finance is launching a new online seminar series on Household Finance. The series is currently run by Cristian Badarinza (National University of Singapore) and Vimal Balasubramaniam (Queen Mary University of London). We meet once a fortnight on Friday (CET 15:00) on Zoom. This is structured like a regular seminar, with light-touch moderation and opportunities to ask questions during the presentation. The Zoom link to each seminar will be made available on email, one hour before the session.

Friday 29 January - Mark Jansen (University of Utah), Hieu Nguyen (University of Utah) and Amin Shams (Ohio State University, Fisher College of Business) presenting on "Human vs. Machine: Underwriting Decisions in Finance."

To receive information on how to join each seminar, please sign up to our CEPR Household Finance mailing list by clicking https://portal.cepr.org/cepr-household-finance-seminar-series. The Zoom link to each seminar will be made available on email, one hour before the session. Follow us on twitter (@cepr_org) and visit our webpage https://cepr.org/cepr-household-finance-seminar-series.

We are delighted to announce that the CEPR Network on Financial Economics is launching a virtual seminar series at the start of the academic year.

The CEPR Advanced Forum for Financial Economics (CAFFE) will be organized by Laurent Calvet, Kim Peijnenburg, and Raman Uppal from EDHEC Business School. Its objective is to make cutting-edge finance research available to researchers based in Europe and around the world. There will be one seminar each month covering all topics in Financial Economics. The seminar is open to all participants but special emphasis will be placed on European-based researchers working on novel issues such as the financial implications of Covid-19. We view this seminar series as a joint venture of all researchers in Financial Economics and we very much look forward to your wholehearted and enthusiastic support.

Each seminar will run for 75 minutes, with 40 minutes allocated to the speaker, 20 minutes to a discussant, and 15 minutes for questions from the audience. The seminar starts just after lunch at 2PM CET (1PM London time), so have your caffè during CAFFE!

The CEPR Network on Household Finance is launching a new online seminar series on Household Finance. The series is currently run by Cristian Badarinza (National University of Singapore) and Vimal Balasubramaniam (Queen Mary University of London). We meet once a fortnight on Friday (CET 15:00) on Zoom. This is structured like a regular seminar, with light-touch moderation and opportunities to ask questions during the presentation. The Zoom link to each seminar will be made available on email, one hour before the session.

Friday 12 February - Dimuthu Ratnadiwakara Louisiana State University and Buvaneshwaran Venugopal, University of Central Florida - College of Business Administration presenting on " Climate Risk Perceptions and Demand for Flood Insurance."

To receive information on how to join each seminar, please sign up to our CEPR Household Finance mailing list by clicking https://portal.cepr.org/cepr-household-finance-seminar-series. The Zoom link to each seminar will be made available on email, one hour before the session. Follow us on twitter (@cepr_org) and visit our webpage https://cepr.org/cepr-household-finance-seminar-series.

In this session of the International Macro History Online Seminar, join us for a presentation on "The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival" by Charles Goodhart, Emeritus Professor of Banking and Finance, FMG at LSE and CEPR and Manoj Pradhan, Founder at Talking Heads Macro.

The seminar will be moderated by Nathan Sussman, Professor of Economics at The Graduate Institute and Director of its Centre for Finance and Development and CEPR.

The International Macro History Online Seminar series is jointly organised by the Graduate Institute's Centre for Finance and Development and a consortium of numerous other universities and institutions from around the world. It brings macroeconomic history topics to an interested public on a weekly basis.

Website: https://cepr.org/imhos

 

In this session of the International Macro History Online Seminar, join us for a presentation on "It Takes Money to Make MPs: New Evidence from 150 Years of British Campaign Spending" by Julia Cagé, Assistant Professor of Economics at Sciences Po Paris and CEPR and Edgard Dewitte, PhD Candidate at Sciences Po Paris.

The seminar will be moderated by Mark Dincecco, Assistant Professor at University of Michigan.

The International Macro History Online Seminar series is jointly organised by the Graduate Institute's Centre for Finance and Development and a consortium of numerous other universities and institutions from around the world. It brings macroeconomic history topics to an interested public on a weekly basis.

Website: https://cepr.org/imhos
 

The CEPR Network on Household Finance is launching a new online seminar series on Household Finance. The series is currently run by Cristian Badarinza (National University of Singapore) and Vimal Balasubramaniam (Queen Mary University of London). We meet once a fortnight on Friday (CET 15:00) on Zoom. This is structured like a regular seminar, with light-touch moderation and opportunities to ask questions during the presentation. The Zoom link to each seminar will be made available on email, one hour before the session.

Friday 26 February - Matteo Benetton (University of California, Berkeley - Haas School of Business) and Giovanni Compiani (University of Chicago Booth School of Business) presenting on "Investors' Beliefs and Asset Prices: A Structural Model of Cryptocurrency Demand."

To receive information on how to join each seminar, please sign up to our CEPR Household Finance mailing list by clicking https://portal.cepr.org/cepr-household-finance-seminar-series. The Zoom link to each seminar will be made available on email, one hour before the session. Follow us on twitter (@cepr_org) and visit our webpage https://cepr.org/cepr-household-finance-seminar-series.

Organizers:

Julia Cajal-Grossi (IHEID)
Monika Mrázová (UniGe and CEPR)
Frédéric Robert-Nicoud (UniGe and CEPR)

Scientific Committee:

Richard Baldwin (IHEID and CEPR)
Cosimo Beverelli (WTO)
Julia Cajal-Grossi (IHEID)
Celine Carrère (UniGe and CEPR)
Nicolas Maystre (UNCTAD)
Monika Mrázová (UniGe and CEPR)
Marcelo Olarreaga (UniGe and CEPR)
Roberta Piermartini (WTO)
Frédéric Robert-Nicoud (UniGe and CEPR)

Schedule:

Each meeting will take place on a Monday at 4.00 PM (CET) / 3.00 PM (GMT) and last for 1 hour and 15 minutes.

The line-up of speakers is as follows:

- 1st March: Steve Redding (Princeton University and CEPR)
- 15th March: Kalina Manova (University College London and CEPR)
- 29th March: Laura Alfaro (Harvard University and CEPR)
- 12th April: Gene Grossman (Princeton University and CEPR)
- 10th May: Paola Conconi (Université Libre de Bruxelles and CEPR)
- 31st May: Nathan Nunn (Harvard University)

Organisers:

Schedule:

• 2nd Mar: Nancy Qian (Northwestern University and CEPR)
• 16th Mar: Rema Hanna (Harvard Kennedy School and CEPR)
• 30th Mar:  Jishnu Das (Georgetown University)
• 13th Apr: Nava Ashraf  (LSE and CEPR)
• 27th Apr: Claudio Ferraz (University of British Columbia)
• 11th May: David Atkin (MIT and CEPR)
• 25th May: David Yanagizawa-Drott (University of Zurich and CEPR)
• 8th Jun: Robin Burgess (LSE and CEPR)

• Time and Date: 08:00-10:10 GMT, Tuesday, March 2, 2021
• This webinar will also be livestreamed on YouTube.
• Language: English
• Admission: Free
• Host: Research Institute of Economy, Trade and Industry (RIETI) / Centre for Economic Policy Research (CEPR)
• Logistical contact: Ms. Marutake, Conference Section: [email protected]
• Registration page: https://rieti.smktg.jp/public/application/add/4399?lang=en

Programme (GMT):

08:00-08:05 Opening Remarks

• YANO Makoto (Chairman, RIETI)

08:05-09:05 Session 1: Green Growth

08:05-08:25 Presentation

• Christoph M. SCHMIDT (President, RWI Essen / Research Fellow, CEPR)

Panelists (Alphabetical order)

• ARIMURA Toshi (Faculty Fellow, RIETI / Professor, Faculty of Political Science and Economics and Director, Research Institute for Environmental Economics and Management, Waseda University)
• Jean-Luc di PAOLA-GALLONI (Group Vice-President, Sustainable Development and External Affairs, Valeo)
• David POPP (Caroline Rapking Faculty Scholar in Public Administration and Policy at the Maxwell School, Syracuse University)
• Christoph M. SCHMIDT (President, RWI Essen / Research Fellow, CEPR)

Moderator

• WATANABE Tetsuya (Vice President, RIETI)

09:05-10:05 Session 2: Digital Transformation

09:05-09:25 Presentation

• Richard BALDWIN (Professor of International Economics, Graduate Institute, Geneva)

Panelists (Alphabetical order)

• Susan AARONSON (Research Professor and Director of the Digital Trade and Data Governance Hub, GWU Cross-Disciplinary Fellow, Affiliate, Institute for International Economic Policy; Sigur Center, and Institute for Science and Technology Policy, Elliott School of International Affairs, George Washington University)
• Richard BALDWIN (Professor of International Economics, Graduate Institute, Geneva and CEPR)
• Georgios PETROPOULOS (Research Fellow, Bruegel)
• TANAKA Kazuya (Research Fellow, GRIPS Alliance / School of Engineering, University of Tokyo / CTO&CSO, scheme verge Inc.)
• TODO Yasuyuki (Faculty Fellow, RIETI / Professor, Faculty of Political Science and Economics, Waseda University)

Moderator

• WATANABE Tetsuya (Vice President, RIETI)

10:05-10:10 Closing remarks

• Richard BALDWIN (Professor of International Economics, Graduate Institute, Geneva and CEPR)

The new set of confirmed speakers for the spring sessions is: Timothy Besley (London School of Economics and CEPR) on Wednesday 3rd March, followed by Nancy Qian (Northwestern University and CEPR) on Wednesday 7th of April, Paola Giuliano (UCLA Anderson School of Management and CEPR) on the 5th of May and lastly by Francesco Trebbi (University of California, Berkeley Haas School of Business and CEPR) on the 2nd of June.
As usual the format of the webinar will be as follows: the speaker will have 60 minutes to present their research. During those 60 minutes, questions will be limited to clarifying questions. After that, there will be 15 minutes for general questions and discussions.
This series of webinars is organised by the CEPR Political Economy Group together with the Research and Policy Network on Populism and Research and Policy Network on Conflict.

In this session of the International Macro History Online Seminar, join us for a presentation on "Why is Europe Less Unequal than the United States?" by Thomas Blanchet, Economist at World Inequality Lab, Amory Gethin, PhD candidate at Paris School of Economics and Research Fellow at World Inequality Lab and Lucas Chancel, Affiliate Researcher at Paris School of Economics and Co-Director World Inequality Lab.

The seminar will be moderated by Juan Flores, Professor of History, University of Geneva

The International Macro History Online Seminar series is jointly organised by the Graduate Institute's Centre for Finance and Development and a consortium of numerous other universities and institutions from around the world. It brings macroeconomic history topics to an interested public on a weekly basis.

Website: https://cepr.org/imhos

 

Economic challenges facing the new U.S. Treasury Secretary Janet Yellen
5 March 2021, 9AM (EST), 2PM (GMT), 3PM (CET)

PANELLISTS

Jonathan Haskel
Bank of England, Imperial College London and CEPR

Randall Kroszner
The University of Chicago Booth School of Business

Catherine L. Mann
Citigroup and CEPR

OPENING REMARKS

Beatrice Weder di Mauro
President, CEPR

Janet Yellen was confirmed as the U.S. Secretary of the Treasury in January 2021, becoming the first woman to hold the post. In this role she is responsible for areas including tax policy and government spending, economic sanctions and foreign-exchange policy. She is taking up the role as the U.S. is embarking on the path to recovery from the COVID pandemic, addressing issues such as the fiscal imbalances in the US federal government's expenses and revenues, climate change and the particular needs of vulnerable communities and families.

Join us as the panel of experts, including Jonathan Haskel (Bank of England, Imperial College London and CEPR), Randall Kroszner (The University of Chicago Booth School of Business), and Catherine L. Mann (Citigroup and CEPR), discusses the key challenges ahead. Opening remarks will be given by Beatrice Weder di Mauro (President, CEPR).

We are delighted to announce that the CEPR Network on Financial Economics is launching a virtual seminar series at the start of the academic year.

The CEPR Advanced Forum for Financial Economics (CAFFE) will be organized by Laurent Calvet, Kim Peijnenburg, and Raman Uppal from EDHEC Business School. Its objective is to make cutting-edge finance research available to researchers based in Europe and around the world. There will be one seminar each month covering all topics in Financial Economics. The seminar is open to all participants but special emphasis will be placed on European-based researchers working on novel issues such as the financial implications of Covid-19. We view this seminar series as a joint venture of all researchers in Financial Economics and we very much look forward to your wholehearted and enthusiastic support.

Each seminar will run for 75 minutes, with 40 minutes allocated to the speaker, 20 minutes to a discussant, and 15 minutes for questions from the audience. The seminar starts just after lunch at 2PM CET (1PM London time), so have your caffè during CAFFE!

In this session of the International Macro History Online Seminar, join us for a presentation on "Selective Default Risk: Evidence from the German Default of the 1930s" by Olivier Accominotti, Associate Professor at LSE and CEPR and Kim Oosterlinck Professor at Université Libre de Bruxelles and CEPR.

The seminar will be moderated by Rui Esteves, Professor at the Graduate Institute of International and Development Studies and CEPR.

The International Macro History Online Seminar series is jointly organised by the Graduate Institute's Centre for Finance and Development and a consortium of numerous other universities and institutions from around the world. It brings macroeconomic history topics to an interested public on a weekly basis.

Website: https://cepr.org/imhos
 

The workshop will focus on the way the Single Supervisory Mechanism and the Single Resolution Board are working together to facilitate bank restructuring and resolution. The workshop will include discussions from Kerstin af Jochnick, Bostjan Jazbec & Elena Carletti.

The CEPR Network on Household Finance is launching a new online seminar series on Household Finance. The series is currently run by Cristian Badarinza (National University of Singapore) and Vimal Balasubramaniam (Queen Mary University of London). We meet once a fortnight on Friday (CET 15:00) on Zoom. This is structured like a regular seminar, with light-touch moderation and opportunities to ask questions during the presentation. The Zoom link to each seminar will be made available on email, one hour before the session.

Friday 12 March - Paolina Medina (Mays Business School of Texas A&M University) and Michaela Pagel (Columbia University and CEPR) presenting on "Does Saving Cause Borrowing?."

To receive information on how to join each seminar, please sign up to our CEPR Household Finance mailing list by clicking https://portal.cepr.org/cepr-household-finance-seminar-series. The Zoom link to each seminar will be made available on email, one hour before the session. Follow us on twitter (@cepr_org) and visit our webpage https://cepr.org/cepr-household-finance-seminar-series.

Organizers:

Julia Cajal-Grossi (IHEID)
Monika Mrázová (UniGe and CEPR)
Frédéric Robert-Nicoud (UniGe and CEPR)

Scientific Committee:

Richard Baldwin (IHEID and CEPR)
Cosimo Beverelli (WTO)
Julia Cajal-Grossi (IHEID)
Celine Carrère (UniGe and CEPR)
Nicolas Maystre (UNCTAD)
Monika Mrázová (UniGe and CEPR)
Marcelo Olarreaga (UniGe and CEPR)
Roberta Piermartini (WTO)
Frédéric Robert-Nicoud (UniGe and CEPR)

Schedule:

Each meeting will take place on a Monday at 4.00 PM (CET) / 3.00 PM (GMT) and last for 1 hour and 15 minutes.

The line-up of speakers is as follows:

- 1st March: Steve Redding (Princeton University and CEPR)
- 15th March: Kalina Manova (University College London and CEPR)
- 29th March: Laura Alfaro (Harvard University and CEPR)
- 12th April: Gene Grossman (Princeton University and CEPR)
- 10th May: Paola Conconi (Université Libre de Bruxelles and CEPR)
- 31st May: Nathan Nunn (Harvard University)

Organisers:

Schedule:

• 16th Mar: Rema Hanna (Harvard Kennedy School and CEPR)
• 30th Mar:  Jishnu Das (Georgetown University)
• 13th Apr: Nava Ashraf  (LSE and CEPR)
• 27th Apr: Claudio Ferraz (University of British Columbia)
• 11th May: David Atkin (MIT and CEPR)
• 25th May: David Yanagizawa-Drott (University of Zurich and CEPR)
• 8th Jun: Robin Burgess (LSE and CEPR)

In this session of the International Macro History Online Seminar, join us for a presentation on "The Economic Impact of the Black Death" by Remi Jedwab, Associate Professor at George Washington University, Noel Johnson, Associate Professor at George Mason University and Mark Koyama, Associate Professor at George Mason University and CEPR.

The seminar will be moderated by Nathan Sussman, Professor of Economics at The Graduate Institute and Director of its Centre for Finance and Development and CEPR.

The International Macro History Online Seminar series is jointly organised by the Graduate Institute's Centre for Finance and Development and a consortium of numerous other universities and institutions from around the world. It brings macroeconomic history topics to an interested public on a weekly basis.

The CEPR Network on Household Finance is launching a new online seminar series on Household Finance. The series is currently run by Cristian Badarinza (National University of Singapore) and Vimal Balasubramaniam (Queen Mary University of London). We meet once a fortnight on Friday (CET 15:00) on Zoom. This is structured like a regular seminar, with light-touch moderation and opportunities to ask questions during the presentation. The Zoom link to each seminar will be made available on email, one hour before the session.

The next seminar will be on "Game On: Social Networks and Markets" by Lasse Heje Pedersen (AQR Capital Management, Copenhagen Business School, New York University and CEPR). 

To receive information on how to join each seminar, please sign up to our CEPR Household Finance mailing list by clicking https://portal.cepr.org/cepr-household-finance-seminar-series. The Zoom link to each seminar will be made available on email, one hour before the session. Follow us on twitter (@cepr_org) and visit our webpage https://cepr.org/cepr-household-finance-seminar-series.

In this session of the International Macro History Online Seminar, join us for a presentation on "State Capacity and the Rise and Fall of Serfdom in Europe" by Tracy Dennison, Professor at Caltech.

The seminar will be moderated by David Todd, Senior Lecturer at King's College London.

The International Macro History Online Seminar series is jointly organised by the Graduate Institute's Centre for Finance and Development and a consortium of numerous other universities and institutions from around the world. It brings macroeconomic history topics to an interested public on a weekly basis.

Website: https://cepr.org/imhos

 

Diversity and Prejudices in Labour Market and Society

Monday, 29 March 2021
09:30 - 12:00 (EDT), 14:30 - 17:00 (BST), 15:30 - 18:00 (CEST)

To mark the occasion of International Women's Day in March, The Centre for Economic Policy Research and The Organisation for Economic Co-operation and Development invite you to an online event on the topic of Diversity and Prejudices in Labour Market and Society.

Despite some progress and success, women, and others, in the 21st century continue to face challenges socially, economically, and politically. Why does gender inequality persist and how far have we progressed towards gender equality? Marianne Bertrand (University of Chicago and CEPR) will shine a light on the answers to these questions in her keynote speech on Gender in the 21st Century. An expert panel, including Anna Aizer (Brown University), Leah Boustan (Princeton University) and Rachel Griffith (University of Manchester, Institute for Fiscal Studies and CEPR), will follow the keynote speech with a discussion focused on the questions concerning diversity and prejudices in labour markets and society in more detail.

We look forward to you joining us, as we embark on a journey to explore the uneven nature of diversity in labour markets.

Organizers:

Julia Cajal-Grossi (IHEID)
Monika Mrázová (UniGe and CEPR)
Frédéric Robert-Nicoud (UniGe and CEPR)

Scientific Committee:

Richard Baldwin (IHEID and CEPR)
Cosimo Beverelli (WTO)
Julia Cajal-Grossi (IHEID)
Celine Carrère (UniGe and CEPR)
Nicolas Maystre (UNCTAD)
Monika Mrázová (UniGe and CEPR)
Marcelo Olarreaga (UniGe and CEPR)
Roberta Piermartini (WTO)
Frédéric Robert-Nicoud (UniGe and CEPR)

Schedule:

Each meeting will take place on a Monday at 4.00 PM (CET) / 3.00 PM (GMT) and last for 1 hour and 15 minutes.

The line-up of speakers is as follows:

- 1st March: Steve Redding (Princeton University and CEPR)
- 15th March: Kalina Manova (University College London and CEPR)
- 29th March: Laura Alfaro (Harvard University and CEPR)
- 12th April: Gene Grossman (Princeton University and CEPR)
- 10th May: Paola Conconi (Université Libre de Bruxelles and CEPR)
- 31st May: Nathan Nunn (Harvard University)

Organisers:

Schedule:

• 30th Mar:  Jishnu Das (Georgetown University)
• 13th Apr: Nava Ashraf  (LSE and CEPR)
• 27th Apr: Claudio Ferraz (University of British Columbia)
• 11th May: David Atkin (MIT and CEPR)
• 25th May: David Yanagizawa-Drott (University of Zurich and CEPR)
• 8th Jun: Robin Burgess (LSE and CEPR)

In this session of the International Macro History Online Seminar, join us for a presentation on "Blowing Against the Wind? A Narrative Approach to Central bank Foreign Exchange Intervention" by Alain Naef, Economist at the Bank of France

The seminar will be moderated by Natacha Postel-Vinay, Assistant Professor at London School of Economics and CEPR.

The International Macro History Online Seminar series is jointly organised by the Graduate Institute's Centre for Finance and Development and a consortium of numerous other universities and institutions from around the world. It brings macroeconomic history topics to an interested public on a weekly basis.

Website: https://cepr.org/imhos

 

We are delighted to announce that the CEPR Network on Financial Economics is launching a virtual seminar series at the start of the academic year.

The CEPR Advanced Forum for Financial Economics (CAFFE) will be organized by Laurent Calvet, Kim Peijnenburg, and Raman Uppal from EDHEC Business School. Its objective is to make cutting-edge finance research available to researchers based in Europe and around the world. There will be one seminar each month covering all topics in Financial Economics. The seminar is open to all participants but special emphasis will be placed on European-based researchers working on novel issues such as the financial implications of Covid-19. We view this seminar series as a joint venture of all researchers in Financial Economics and we very much look forward to your wholehearted and enthusiastic support.

Each seminar will run for 75 minutes, with 40 minutes allocated to the speaker, 20 minutes to a discussant, and 15 minutes for questions from the audience. The seminar starts just after lunch at 2PM CET (1PM London time), so have your caffè during CAFFE!

To join the talk via Zoom, click https://us02web.zoom.us/j/83853942872?pwd=M0dTcjFUb1VoZTczUHlRYVpNMXhvQT09

We have changed the format of the VIOS in Spring 2021 to a Zoom meeting. We hope this change promotes the interaction between the speaker and the audience. Participants are encouraged to leave their webcams on and to ask their questions during the presentation.

Please check the VIOS website at https://sites.google.com/view/virtual-io-seminar/main-page for our upcoming speakers and more. The schedule can be imported using Google Calendar or this ics file.

If you have any questions or wish to no longer receive e-mails regarding VIOS, please do not hesitate to contact us at [email protected].

The new set of confirmed speakers for the spring sessions is: Nancy Qian (Northwestern University and CEPR) on Wednesday 7 April, followed by Paola Giuliano (UCLA Anderson School of Management and CEPR) on the 5th of May and lastly by Francesco Trebbi (University of California, Berkeley Haas School of Business and CEPR) on the 2nd of June.
As usual the format of the webinar will be as follows: the speaker will have 60 minutes to present their research. During those 60 minutes, questions will be limited to clarifying questions. After that, there will be 15 minutes for general questions and discussions.
This series of webinars is organised by the CEPR Political Economy Group together with the Research and Policy Network on Populism and Research and Policy Network on Conflict.

Organizers:

Julia Cajal-Grossi (IHEID)
Monika Mrázová (UniGe and CEPR)
Frédéric Robert-Nicoud (UniGe and CEPR)

Scientific Committee:

Richard Baldwin (IHEID and CEPR)
Cosimo Beverelli (WTO)
Julia Cajal-Grossi (IHEID)
Celine Carrère (UniGe and CEPR)
Nicolas Maystre (UNCTAD)
Monika Mrázová (UniGe and CEPR)
Marcelo Olarreaga (UniGe and CEPR)
Roberta Piermartini (WTO)
Frédéric Robert-Nicoud (UniGe and CEPR)

Schedule:

Each meeting will take place on a Monday at 4.00 PM (CET) / 3.00 PM (GMT) and last for 1 hour and 15 minutes.

The line-up of speakers is as follows:

- 1st March: Steve Redding (Princeton University and CEPR)
- 15th March: Kalina Manova (University College London and CEPR)
- 29th March: Laura Alfaro (Harvard University and CEPR)
- 12th April: Gene Grossman (Princeton University and CEPR)
- 10th May: Paola Conconi (Université Libre de Bruxelles and CEPR)
- 31st May: Nathan Nunn (Harvard University)

Organisers:

Schedule:

• 13th Apr: Nava Ashraf  (LSE and CEPR)
• 27th Apr: Claudio Ferraz (University of British Columbia)
• 11th May: David Atkin (MIT and CEPR)
• 25th May: David Yanagizawa-Drott (University of Zurich and CEPR)
• 8th Jun: Robin Burgess (LSE and CEPR)

To join the talk via Zoom, click https://us02web.zoom.us/j/83853942872?pwd=M0dTcjFUb1VoZTczUHlRYVpNMXhvQT09

We have changed the format of the VIOS in Spring 2021 to a Zoom meeting. We hope this change promotes the interaction between the speaker and the audience. Participants are encouraged to leave their webcams on and to ask their questions during the presentation.

Please check the VIOS website at https://sites.google.com/view/virtual-io-seminar/main-page for our upcoming speakers and more. The schedule can be imported using Google Calendar or this ics file.

If you have any questions or wish to no longer receive e-mails regarding VIOS, please do not hesitate to contact us at [email protected].

In this session of the International Macro History Online Seminar, join us for a presentation on "Hollowing out the State: Franchise Expansion and Fiscal Capacity in Colonial India" by Pavithra Suryanarayan, Assistant Professor at Johns Hopkins University

The seminar will be moderated by Timothy Guinnane, Professor at Yale.

The International Macro History Online Seminar series is jointly organised by the Graduate Institute's Centre for Finance and Development and a consortium of numerous other universities and institutions from around the world. It brings macroeconomic history topics to an interested public on a weekly basis.

Website: https://cepr.org/imhos

 

The coronavirus crisis has increased inequality in many dimensions. Two new studies of the inequality effects of Covid-19 and potential policy responses will be launched at an online panel discussion hosted by Europe's leading economic policy journal on Thursday 15 April at 5 PM (CEST), titled Tackling the Inequality Effects of Covid - and How to Pay for It.

Stefanie Stancheva will bring together evidence on the impacts of Covid-19 on inequality by region, by work sector, by gender and for children from different backgrounds. She will also explore avenues for policy action, as will Gabriel Zucman in a separate report, co-authored with Emmanuel Saez, presenting a new proposal for sharing the burden of paying for the global pandemic.

The presentations will be followed by a discussion with Ngaire Woods and Rana Foroohar

• Welcome by moderator (5 minutes)
• Introduction ERRHS (10 minutes)
• Use-case 1: Andrei Markevich, “Historical Regional GDP estimates and Russian economic development” (10 minutes)
• Use-case 2: Gijs Kessler & Timur Valetov, “Occupational change and industrialization in Russia and the Soviet Union, 1900-2000”(10 minutes)
• Discussant:  Amanda Gregg (10 minutes)
• Questions (20 minutes)

In this session of the International Macro History Online Seminar, join us for a presentation on "The Real Effects of Bank Runs. Evidence from the French Great Depression" by Eric Monnet, Professor at Paris School of Economics and CEPR,  Angelo Riva, Professor at Paris School of Economics and European Business School and Stefano Ungar, Banque de France.

The seminar will be moderated by Christopher Meissner, Professor at University of California, Davis.

The International Macro History Online Seminar series is jointly organised by the Graduate Institute's Centre for Finance and Development and a consortium of numerous other universities and institutions from around the world. It brings macroeconomic history topics to an interested public on a weekly basis.

Micro and Macro Implications of Household Behaviour and Financial Decision-Making is a new cross-disciplinary seminar series covering research at the intersection of household finance, macro and labour economics. It represents a collaboration between universities and research networks and centres.
 
Seminars are held on Zoom on the third Friday of the month and will run for 90 minutes including a discussion panel.
 
Our second meeting will be on Friday 23rd April from 3:30pm-5:00pm BST and will feature Luigi Pistaferri (Stanford University and CEPR) presenting Assortative Mating and Wealth Inequality. Discussion by Alberto Bisin (New York University and CEPR) and Kelly Shue (Yale University).

Registration Link:
https://us02web.zoom.us/meeting/register/tZUodeyvrzkrE9F7vkaOKZy5K_OrPrPMLcaJ
 
Organisers: Richard Blundell, Michael Haliassos, Christopher Hansman, Yigitcan Karabulut, Peter Levell, Benjamin Moll, Tarun Ramadorai, and Polly Simpson.
            
Abstract:

Population data on capital income and wealth holdings for Norway allow us to measure asset positions and wealth returns before individuals marry and after the household is formed. Using these data we establish a number of novel facts. First, there is assortative mating on the basis of own wealth. Second, assortative mating on own wealth dominates, and in fact statistically annihilates, assortative mating on parental wealth. Third, there is evidence of assortative mating on returns to wealth. Finally, post-marriage returns on family wealth are largely explained by the return of the spouse with the highest pre-marriage return. This suggests that family wealth is largely managed by the spouse with the highest capacity for wealth accumulation. We use simulations to evaluate the effects of assortative mating on wealth, assortative mating on returns, and post-marriage allocation of wealth management tasks on wealth inequality and wealth concentration. Assortative mating on wealth is the dominant force explaining wealth concentration at marriage. Returns heterogeneity resulting from mating on returns and post-marriage allocation of wealth management between spouses plays a dominant role for explaining changes in wealth inequality as couples move through their life cycle.

The CEPR Network on Household Finance is launching a new online seminar series on Household Finance. The series is currently run by Cristian Badarinza (National University of Singapore) and Vimal Balasubramaniam (Queen Mary University of London). We meet once a fortnight on Friday (CET 15:00) on Zoom. This is structured like a regular seminar, with light-touch moderation and opportunities to ask questions during the presentation. The Zoom link to each seminar will be made available on email, one hour before the session.

Friday 23 April- The seminar will be on "Smart(Phone) Investing? A within Investor-Time Analysis of New Technologies and Trading Behavior" by Ankit Kalda (Indiana University). Co-Authored by Benjamin Loos (Technical University of Munich), Alessandro Previtero (Indiana University) and Andreas Hackethal (Goethe University)  

To receive information on how to join each seminar, please sign up to our CEPR Household Finance mailing list by clicking https://portal.cepr.org/cepr-household-finance-seminar-series. The Zoom link to each seminar will be made available on email, one hour before the session. Follow us on twitter (@cepr_org) and visit our webpage https://cepr.org/cepr-household-finance-seminar-series.

Organisers:

Schedule:

• 27th Apr: Claudio Ferraz (University of British Columbia)
• 11th May: David Atkin (MIT and CEPR)
• 25th May: David Yanagizawa-Drott (University of Zurich and CEPR)
• 8th Jun: Robin Burgess (LSE and CEPR)

In this session of the International Macro History Online Seminar, join us for a presentation "Banking Crises Interventions, 1290-2018" by Andrew Metrick, Professor at Yale University and Paul Schmelzing, Postdoctoral Research Associate at Yale University

The seminar will be moderated by Vincent Bignon, Advisor of the General Director for Statistics, Economics and the International, Banque de France and CEPR.

The International Macro History Online Seminar series is jointly organised by the Graduate Institute's Centre for Finance and Development and a consortium of numerous other universities and institutions from around the world. It brings macroeconomic history topics to an interested public on a weekly basis.

Website: https://cepr.org/imhos

 

Call for Papers – Submission deadline:
Friday, March 12th, 2021

CEPR & 6th International Macroeconomics and Finance Conference
International Financial System in a Time of Turmoil

May 1-2, 2021
Virtual

The new set of confirmed speakers for the spring sessions is: Paola Giuliano (UCLA Anderson School of Management and CEPR) on the 5th of May and lastly by Francesco Trebbi (University of California, Berkeley Haas School of Business and CEPR) on the 2nd of June.
As usual the format of the webinar will be as follows: the speaker will have 60 minutes to present their research. During those 60 minutes, questions will be limited to clarifying questions. After that, there will be 15 minutes for general questions and discussions.
This series of webinars is organised by the CEPR Political Economy Group together with the Research and Policy Network on Populism and Research and Policy Network on Conflict.

In this session of the International Macro History Online Seminar, join us for a presentation on "Assignats or Death: Inflationary Finance in Revolutionary France" by Bryan Cutsinger, Assistant Professor at Angelo State University, Joshua Ingber, Assistant Professor at Northern Michigan University and Louis Rouanet, PhD candidate at George Mason University.

The seminar will be moderated by Eugene White, Professor at Rutgers University.

The International Macro History Online Seminar series is jointly organised by the Graduate Institute's Centre for Finance and Development and a consortium of numerous other universities and institutions from around the world. It brings macroeconomic history topics to an interested public on a weekly basis.

Website: https://cepr.org/imhos
 

We are delighted to invite you to the First CEPR/EAERE Webinar on Climate Policy: The Carbon Border Adjustment Mechanism taking place on May 7, 2021 from 5.00 to 6.30 pm CEST.

The Climate Policy Webinar Series (CPWS) is a webinar series featuring invited speakers in the area of climate policy. It is aimed at experts working in governments, international organizations, the private sector, academics and the media. It runs online on a monthly basis starting in May 2021 and is organized jointly by the Centre for Economic Policy Research (CEPR) and the European Association of Environmental and Resource Economists (EAERE).

The first three events will be devoted respectively to the Carbon Border Adjustment Mechanism (CBAM), the EU Green Deal, and the EU recovery plan.

More precisely, the first event on the CBAM will take place on May 7, 2021 from 5.00 to 6.30 pm CEST.

There will be three presentations of 25 minutes each, respectively by:

Luis Garicano (EU Parliament) Carolyn Fischer (Vrije Universiteit Amsterdam) Samuel Kortum (Yale University)

These presentations will be followed by a 15-minute debate moderated by Christian Gollier (Toulouse School of Economics and CEPR).

The EU Parliament has recently proposed a framework for a carbon border adjustment mechanism (CBAM), which would be an extension of the ETS, requiring importers to purchase allowances for the volume of carbon emissions incorporated in their products. Carolyn Fischer, Samuel Kortum and David Weisbach will explore the economic and political issues associated with this proposal aimed at leveling the playing field and at fighting the carbon leakage inherent to the renewed EU ambition on climate change.

Organisers: Carlo Carraro (Università Ca' Foscari di Venezia and CEPR) Ottmar Edenhofer (Potsdam Institute for Climate Impact Research) Christian Gollier (Toulouse School of Economics and CEPR)

We look forward to seeing you at the conference!

Organizers:

Julia Cajal-Grossi (IHEID)
Monika Mrázová (UniGe and CEPR)
Frédéric Robert-Nicoud (UniGe and CEPR)

Scientific Committee:

Richard Baldwin (IHEID and CEPR)
Cosimo Beverelli (WTO)
Julia Cajal-Grossi (IHEID)
Celine Carrère (UniGe and CEPR)
Nicolas Maystre (UNCTAD)
Monika Mrázová (UniGe and CEPR)
Marcelo Olarreaga (UniGe and CEPR)
Roberta Piermartini (WTO)
Frédéric Robert-Nicoud (UniGe and CEPR)

Schedule:

Each meeting will take place on a Monday at 4.00 PM (CET) / 3.00 PM (GMT) and last for 1 hour and 15 minutes.

The line-up of speakers is as follows:

- 1st March: Steve Redding (Princeton University and CEPR)
- 15th March: Kalina Manova (University College London and CEPR)
- 29th March: Laura Alfaro (Harvard University and CEPR)
- 12th April: Gene Grossman (Princeton University and CEPR)
- 10th May: Paola Conconi (Université Libre de Bruxelles and CEPR)
- 31st May: Nathan Nunn (Harvard University)

We are delighted to announce that the CEPR Network on Financial Economics is launching a virtual seminar series at the start of the academic year.

The CEPR Advanced Forum for Financial Economics (CAFFE) will be organized by Laurent Calvet, Kim Peijnenburg, and Raman Uppal from EDHEC Business School. Its objective is to make cutting-edge finance research available to researchers based in Europe and around the world. There will be one seminar each month covering all topics in Financial Economics. The seminar is open to all participants but special emphasis will be placed on European-based researchers working on novel issues such as the financial implications of Covid-19. We view this seminar series as a joint venture of all researchers in Financial Economics and we very much look forward to your wholehearted and enthusiastic support.

Each seminar will run for 75 minutes, with 40 minutes allocated to the speaker, 20 minutes to a discussant, and 15 minutes for questions from the audience. The seminar starts just after lunch at 2PM CET (1PM London time), so have your caffè during CAFFE!

Organisers:

Schedule:

• 11th May: David Atkin (MIT and CEPR)
• 25th May: David Yanagizawa-Drott (University of Zurich and CEPR)
• 8th Jun: Robin Burgess (LSE and CEPR)

In this session of the International Macro History Online Seminar, join us for a presentation on "The Economic Consequences of Sir Robert Peel: A Quantitative Assessment of the Repeal of the Corn Laws" by Doug Irwin, Professor at Dartmouth College and Maksym Chepeliev, Research Economist at Purdue University. 

The seminar will be moderated by Rui Esteves, Professor at the Graduate Institute of International and Development Studies and CEPR.

The International Macro History Online Seminar series is jointly organised by the Graduate Institute's Centre for Finance and Development and a consortium of numerous other universities and institutions from around the world. It brings macroeconomic history topics to an interested public on a weekly basis.

Website: https://cepr.org/imhos
 

Depending on the number of submissions, we may organise sessions with short and long presentations, and that each submission will be automatically considered for both, unless the author wishes otherwise, in which case they should indicate it in the "Comments" field on the submission form.

How to apply

The CEPR Network on Household Finance is launching a new online seminar series on Household Finance. The series is currently run by Cristian Badarinza (National University of Singapore) and Vimal Balasubramaniam (Queen Mary University of London). We meet once a fortnight on Friday (CET 15:00) on Zoom. This is structured like a regular seminar, with light-touch moderation and opportunities to ask questions during the presentation. The Zoom link to each seminar will be made available on email, one hour before the session.

The next talk is on Friday 21 May 2021 at 3pm CEST and the speaker will be Roxana Mihet (HEC Lausanne and the Swiss Finance Institute) presenting on "Financial Technology and the Inequality Gap".

To receive information on how to join each seminar, please sign up to our CEPR Household Finance mailing list by clicking https://portal.cepr.org/cepr-household-finance-seminar-series. The Zoom link to each seminar will be made available on email, one hour before the session. Follow us on twitter (@cepr_org) and visit our webpage https://cepr.org/cepr-household-finance-seminar-series.

We are pleased to announce details of the latest EABCN Training School; an online course entitled "The ZLB and Secular Stagnation". Professor Gauti Eggertsson will teach the course. It is primarily aimed at participants in the Euro Area Business Cycle Network but applications will also be considered from doctoral students, post-doctoral researchers and economists working in central banks and government institutions outside of the network, as well as commercial organisations (fees applicable for non-network organisations).

Course outline

The class will cover basic theory of price and output determination in the New Keynesian models and the effect of monetary and fiscal policy. We will cover how the basic framework can explain not only the effect of monetary and fiscal policy under normal circumstances, but also conditions that give rise to hyperinflation and especially conditions giving rise to zero interest rate. The class will also cover theories of prolonged slumps, often termed theories of secular stagnation, and discuss the importance of heterogeneous agent models to understand the transmission of monetary and fiscal policy. The main reference is a new manuscript on monetary economics currently being written by Gauti Eggertsson.

How to apply:

The course will take place online in the afternoons for Europe:

• May 24th lecture (3 hours)
• May 25th practice (3 hours)
• May 26th lecture (3 hours)
• May 27th practice (3 hours)
• May 28th lecture (3 hours)

Further information will be available to successful applicants. Candidates who have a CEPR profile should apply by submitting their CV online at https://portal.cepr.org/eabcn-training-school-ZLB-secular-stagnation-may-2021 by 6pm (UK time), Friday, 7 May 2021. If you do not currently have a CEPR profile, please create a new one here and then click on the registration link.

PhD students should also send a statement that specifies the ways participating in the school will be useful for their current research (max 300 words).

Participants from non-academic institutions where the employer is not a member of the EABCN network are charged a course fee of EUR 1000.

About the Instructor:

Gauti B. Eggertsson is a macroeconomist and a Professor of Economics at Brown University Economics Department. He received his Ph.D. in Economics from Princeton University in 2004, after having completed his B.S. in economics from the University of Iceland. He has worked at Research Departments of the International Monetary Fund and the Federal Reserve Bank of New York. Since graduation he has also been visiting faculty at Princeton, Yale, and Columbia where he taught international finance and macroeconomics at both graduate and undergraduate level. Eggertsson has published in a variety of professional journals such as the American Economic Review, Brookings Papers on Economics Activity, Economic Journal, Journal of Monetary Economics, Journal of Money, Credit and Banking, Review of Economic Dynamics and the Quarterly Journal of Economics. The main focus of his work is the analysis of monetary and fiscal policy over the business cycle, both from a modern and historical perspective. His work with Michael Woodford in 2003 is by many considered as having provided theoretical underpinning for the policy forward guidance of various central bank following the crisis of 2008.

Organisers:

Schedule:

• 25th May: David Yanagizawa-Drott (University of Zurich and CEPR)
• 8th Jun: Robin Burgess (LSE and CEPR)

Micro and Macro Implications of Household Behaviour and Financial Decision-Making is a new cross-disciplinary seminar series covering research at the intersection of household finance, macro and labour economics. It represents a collaboration between universities and research networks and centres.
 
Seminars are held on Zoom on each month and will run for 90 minutes including a discussion panel.
 
Our third meeting will be on Friday 28th May from 3:30pm-5:00pm BST and will feature Monika Piazzesi (Stanford and CEPR) presenting Learning about Housing Cost: Survey Evidence from the German House Price Boom. Discussion by Ulrike Malmendier (University of California, Berkeley and CEPR) and Stijn van Nieuwerburgh (Columbia University and CEPR).  

Registration Link:
https://us02web.zoom.us/meeting/register/tZUtd-CsrTotE9QeKAgm4qinwi2-6V2fmg8I
 
Organisers: Richard Blundell, Michael Haliassos, Christopher Hansman, Yigitcan Karabulut, Peter Levell, Benjamin Moll, Tarun Ramadorai, and Polly Simpson.
            
Abstract:
This paper uses new household survey data to study expectation formation during the recent housing boom in Germany. The cross section of forecasts depends on only two household characteristics: location and tenure. The average household in a region responds to local conditions but underpredicts local price growth. Renters make on average higher and hence more accurate forecasts than owners, although their forecasts are more dispersed and their mean squared forecast errors are higher. A quantitative model of learning about housing cost can match these facts. It emphasizes the unique information structure of housing among asset markets: renters who do not own the asset are relatively well informed about its cash flow, since they pay for housing services that owners simply consume. Renters then make more accurate forecasts in a boom driven by an increase in rents and recovery from a financial crisis.

Organizers:

Julia Cajal-Grossi (IHEID)
Monika Mrázová (UniGe and CEPR)
Frédéric Robert-Nicoud (UniGe and CEPR)

Scientific Committee:

Richard Baldwin (IHEID and CEPR)
Cosimo Beverelli (WTO)
Julia Cajal-Grossi (IHEID)
Celine Carrère (UniGe and CEPR)
Nicolas Maystre (UNCTAD)
Monika Mrázová (UniGe and CEPR)
Marcelo Olarreaga (UniGe and CEPR)
Roberta Piermartini (WTO)
Frédéric Robert-Nicoud (UniGe and CEPR)

Schedule:

Each meeting will take place on a Monday at 4.00 PM (CET) / 3.00 PM (GMT) and last for 1 hour and 15 minutes.

The line-up of speakers is as follows:

- 1st March: Steve Redding (Princeton University and CEPR)
- 15th March: Kalina Manova (University College London and CEPR)
- 29th March: Laura Alfaro (Harvard University and CEPR)
- 12th April: Gene Grossman (Princeton University and CEPR)
- 10th May: Paola Conconi (Université Libre de Bruxelles and CEPR)
- 31st May: Nathan Nunn (Harvard University)

The last confirmed speaker of the spring sessions is: Francesco Trebbi (University of California, Berkeley Haas School of Business and CEPR) on the 2nd of June.
As usual the format of the webinar will be as follows: the speaker will have 60 minutes to present their research. During those 60 minutes, questions will be limited to clarifying questions. After that, there will be 15 minutes for general questions and discussions.
This series of webinars is organised by the CEPR Political Economy Group together with the Research and Policy Network on Populism and Research and Policy Network on Conflict.

The symposium aims to bring together leading researchers in the field on topics including, but not necessarily limited to:

• Macroeconomic and financial history

• Economic growth in the very long run: demographic and technological factors

• Institutions and economic development

• The history of the international economy

• present leading theoretical approaches to model Politics,
• present cutting-edge theoretical analyses of Political Economy problems,
• explore new forms of democracy.

The scientific organizers are Prof. Hans Gersbach (ETH Zurich and CEPR), Prof. César Martinelli (George Mason University) and Dr. Oriol Tejada (ETH Zurich).

The keynote speaker will be Tom Palfrey (Caltech).

The CEPR Network on Household Finance is launching a new online seminar series on Household Finance. The series is currently run by Cristian Badarinza (National University of Singapore) and Vimal Balasubramaniam (Queen Mary University of London). We meet once a fortnight on Friday (CET 15:00) on Zoom. This is structured like a regular seminar, with light-touch moderation and opportunities to ask questions during the presentation. The Zoom link to each seminar will be made available on email, one hour before the session.

Friday 4 June - Guillermo Ordonez (University of Pennsylvania) presenting "The Two Faces of Information". Co-author, Gaetano Gaballo (HEC Paris and CEPR) 

Teaching (Markus Brunnermeier):
June 7, 14, 21, 2021, 2:30-4:00 pm and 4:30-6:00 pm CEST

TA-Sessions (Sebastian Merkel):
June 9, 16, 23, 2021, 2:30-4:00 pm CEST

Deadline for application: May 14, 2021

General Description

We are pleased to announce details of the latest EABCN Training School; "Modern Macro, Money, and International Finance". Professor Markus Brunnermeier will teach the course and Sebastian Merkel will give the TA sessions.

It is primarily aimed at participants in the Euro Area Business Cycle Network but applications will also be considered from doctoral students, post-doctoral researchers and economists working in central banks and government institutions outside of the network, as well as commercial organisations (fees are applicable for non-network non-academic organisations).

Course Contents

This course will expose participants to modern continuous time modelling techniques at the intersection between macroeconomics, monetary economics and (international) finance. The aim of this course is to develop and teach advanced tools and includes a step-by-step solution procedure that participants can apply to a variety of economic problems.

Topics include monetary theory based on financial frictions, non-linear dynamics, endogenous risk and risk premium dynamics, safe assets, fiscal debt capacity, currency competition in an international setting, and as well as digital currency issues.

1. A Simple Heterogenous Agents Model
2. Endogenous Risk, Price of Risk, and Risk Premium Dynamics
3. Money Model with Idiosyncratic Risk, the Fiscal Theory of Price Level, and MMT
4. The I Theory of Money, Safe Assets and Flight to Safety
5. Welfare: Monetary Policy and Macro-Prudential Policy Interaction
6. International Monetary System: A Risk Perspective
7. Digital Money, Digital Currency Areas, Digital Dollarization

How to Apply

The course will take place online in the afternoons for Europe:

• June 7th lecture (3 hours)
• June 9th practice (1.5 hours)
• June 14th lecture (3 hours)
• June 16th practice (1.5 hours)
• June 21st lecture (3 hours)
• June 23rd practice (1.5 hours)

Further information will be available to successful applicants. Candidates who have a CEPR profile should apply by submitting their CV online at: https://portal.cepr.org/eabcn-training-school-modern-macro-money-and-international-finance by 6pm (UK time), 14 May, 2021. If you do not currently have a CEPR profile, please create a new one here and then click on the registration link.

PhD students should also send a statement that specifies the ways participating in the school will be useful for their current research (max 300 words).

Participants from non-academic institutions where the employer is not a member of the EABCN network are charged a course fee of EUR 1000.

About the Instructor:

Markus K. Brunnermeier is the Edwards S. Sanford Professor at Princeton University. He is a faculty member of the Department of Economics and director of Princeton's Bendheim Center for Finance. He is also a research associate at NBER, CEPR, and CESifo and a member of the Bellagio Group on the International Economy. He is a Sloan Research Fellow, Fellow of the Econometric Society, Guggenheim Fellow and the recipient of the Bernácer Prize granted for outstanding contributions in the fields of macroeconomics and finance. He is/was a member of several advisory groups, including to the IMF, the Federal Reserve of New York, the European Systemic Risk Board, the Bundesbank and the U.S. Congressional Budget Office. Brunnermeier was awarded his Ph.D. by the London School of Economics (LSE).

The ENS de Lyon, in collaboration with CEPR, organised a Workshop in Political Economy, Cultural Economics and Gender, on Monday 7th of June, 2021, from 2:00 to 6:15 p.m. (CEST).

The workshop brought together leading-edge US- and Europe-based researchers with a specific focus on developing countries, working in the fields of:

• Political Economy
• Cultural Economics
• Gender

Organizers:
Mathieu Couttenier (ENS de Lyon and CEPR)
Jordan Loper (ENS de Lyon)

Programme:

• 14:00 - 15:00 CEST

  A Stepping Stone Approach to Understanding Harmful Norms
  Eliana La Ferrara
  Bocconi University and CEPR
  (Joint with Selim Gulesci, Sam Jindani, David Smerdon, Munshi Sulaiman and Peyton Young)
  

• 15:00 - 16:00 CEST

  Religious Festivals and Economic Development: Evidence from Catholic Saint Day Festivals in Mexico
  Eduardo Montero
  University of Michigan
  (Joint with Dean Yang)
  

• 15 min Break
• 16:15 - 17:15 CEST

  Traditional Supernatural Beliefs and Prosocial Behavior: Evidence from the DRC
  Nathan Nunn
  Harvard University
  (Joint with Etienne Le Rossignol and Sara Lowes)

• 17:15 - 18:15 CEST

  Job displacement, unemployment benefits and domestic violence
  Sonia Bhalotra
  University of Warwick and CEPR
  (Joint with Diogo Britto, Paolo Pinotti and Breno Sampaio)
  Slides
  

Organisers:

Schedule:

• 8th Jun: Robin Burgess (LSE and CEPR)

We are delighted to announce that the CEPR Network on Financial Economics is launching a virtual seminar series at the start of the academic year.

The CEPR Advanced Forum for Financial Economics (CAFFE) will be organized by Laurent Calvet, Kim Peijnenburg, and Raman Uppal from EDHEC Business School. Its objective is to make cutting-edge finance research available to researchers based in Europe and around the world. There will be one seminar each month covering all topics in Financial Economics. The seminar is open to all participants but special emphasis will be placed on European-based researchers working on novel issues such as the financial implications of Covid-19. We view this seminar series as a joint venture of all researchers in Financial Economics and we very much look forward to your wholehearted and enthusiastic support.

Each seminar will run for 75 minutes, with 40 minutes allocated to the speaker, 20 minutes to a discussant, and 15 minutes for questions from the audience. The seminar starts just after lunch at 2PM CET (1PM London time), so have your caffè during CAFFE!

The organisers and steering committee of the 21st CEPR Conference on Applied Industrial Organisation (IO) are writing to invite you to attend the conference. The conference will be organised by Myrto Kaloutpsidi (Harvard University, CEPR and NBER), Andrea Pozzi (Einaudi Institute for Economics and Finance and CEPR), and Nicolas Schutz (University of Mannheim and CEPR).

The event will take place online on 8-9 June 2021, GatherTown will be used to facilitate more spontaneous interactions and networking opportunities. The online programme is available on this link: https://cepr.org/6754/programme and to register your interest to attend please click on this https://portal.cepr.org/21st-ceprjie-conference-applied-industrial-organisation-and-17th-ceprjie-school-applied-industrial. 

If you do not currently have a CEPR account, please create a new profile here https://portal.cepr.org/user/register and then click on the registration link above. If you have any difficulties registering for this meeting, please contact Mandy Chan, Senior Events Officer at [email protected].

To better accommodate the online format, the schedule has been adjusted. We will have a limited number of papers presented over two days in sessions held in the afternoon (Central European Summer Time). This should allow a wide audience to connect for the event, through different time zones.

Financial support for the conference is generously provided by the Journal of Industrial Economics (JIE), EIEF, University of Zurich, European Research Council (ERC), Charles River Associates, Cornerstone Research and CEPR.

Conference Details:
The Applied IO conference series seeks to contribute to the understanding of the breadth of topics analysed within the field of Industrial Organisation, including demand, productivity, competition in the short- and long-run, innovation, investment, and auctions, to develop empirical protocols and tests of economic models, to promote the exchange and the dissemination of results at the forefront of research, and finally, to evaluate current competition and regulation policies. It will cover the state of the art in both theoretical and empirical Industrial Organisation.

In the last few years, the conference “returned to its roots” and witnessed enhanced collaboration between IO economists from both sides of the Atlantic.  Fostering this collaboration, we are happy to confirm the attendance and participation of Simon Anderson (Virginia and CEPR), Uli Doraszelski (Wharton and CEPR), Phil Haile (Yale), Jean-Francois Houde (Wisconsin), Jeanine Miklos-Thal (Rochester), Nathan Miller (Georgetown), Aviv Nevo (UPenn), Ariel Pakes (Harvard), Katja Seim (Yale and CEPR), Amanda Starc (Kellogg), and Jidong Zhou (Yale SOM). 

The goal of the CEPR/JIE School for Industrial Organisation is to provide a forum for young European researchers in Applied IO to get exposure for and receive feedback on their work.  Based on the success of the 2019 format, researchers accepted to the school will give very short (<10 min) presentations of their work  on  9 June.

In order to allow for arrangements for the online conference, individuals wishing to attend the conference should express their interest via the online form above. We will try to accommodate as many such requests as possible and the online format should only add to our ability to do so. Preference for attendance is given to young researchers and CEPR IO Programme members. 
 

Yours sincerely,
 
Myrto Kalouptsidi, Andrea Pozzi, and Nicolas Schutz
Conference organisers, CEPR
 
Mar Reguant
Programme Director, IO Programme, CEPR

We are delighted to invite you to the Second CEPR/EAERE Webinar on Climate Policy: Pandemic stimulus spending and the fight against climate change taking place on June 10, 2021 from 5.00 to 6.30 pm CEST.

Climate change is a long term threat to human societies with expected huge impacts on health, economies and welfare. Somehow similar to a pandemic, but with more persistent and irreversible consequences. Even more than the fight against Covid-19, climate change control is a difficult and complex task, which requires well-designed policies and important financial resources. The post-pandemic recovery is an important opportunity, if policies to address the current pandemic are and will be designed to achieve stronger, sustainable, and low carbon economic growth. The Covid-19 pandemic has indeed triggered the deepest global economic contraction since World War II. While most economies are expected to rebound in 2021-2022, the impact of the pandemic on many aspects of economy and emission drivers may last far longer. Therefore, a strong alignment of Covid-19 recovery packages with climate targets has the potential to address two important objectives: economic recovery and decarbonisation. This webinar will analyse these issues starting from lessons from past pandemics and then focusing on the implications of recovery plans for the fight against climate change.

The webinar will take place on June 10, 2021 from 5.00 to 6.30 pm CEST.

There will be two presentations of 25 minutes each, respectively by:

Massimo Tavoni (European Institute on Economics and the Environment) and Ioana Petrescu (Harvard Kennedy School)

These presentations will be followed by a 20-minute discussion moderated by Andrea Tilche (NTNU, Trondheim) and Danielle Arostegui (Environmental Defense Fund) as well as a 15-minute Q&A session.

The Climate Policy Webinar Series (CPWS) is a webinar series featuring invited speakers in the area of climate policy. It is aimed at experts working in governments, international organizations, the private sector, academics and the media. This monthly online series started in May 2021 and is organized jointly by the Centre for Economic Policy Research (CEPR) and the European Association of Environmental and Resource Economists (EAERE).

Organisers: Carlo Carraro (Università Ca' Foscari di Venezia and CEPR) Ottmar Edenhofer (Potsdam Institute for Climate Impact Research) Christian Gollier (Toulouse School of Economics and CEPR)

We look forward to seeing you at the webinar on June 10!

We are pleased to announce details of the latest EABCN Training School, a course over 2 weeks entitled "Beliefs and Social Networks". Professor Johannes Stroebel (NYU Stern School of Business) will teach the course. It is primarily aimed at participants in the Euro Area Business Cycle Network, but applications will also be considered from doctoral students, post-doctoral researchers, and economists working in central banks and government institutions outside of the network, as well as commercial organisations (fees are applicable for non-network non-academic organisations).

Course outline

This course will introduce participants to a recent literature that studies the interaction between household and investor beliefs, social interactions, financial markets, and the broader macroeconomy. The first lecture explores the role of investor beliefs in affecting financial markets, reviewing a number of recent research papers that combine survey evidence of investor beliefs with (largely behavioural) models of asset pricing. The second class then discusses the determinants of investor beliefs. The third class explores how social interactions affect investor beliefs and behaviors in the housing market. And the fourth class explores how social networks and social interactions affect a range of other economic outcomes, such as mutual fund investments and international trade patterns. In the process, we will introduce a new data set, the Social Connectedness Index, that measures the extent to which indiviudals across various regions are connected on Facebook. Participants are then encouraged to work on a group project with this publicly available data set to explore how social networks affect a range of economic outcomes. Possible projects include using the Social Connectedness Index to explore the propagation of economic shocks across geographies, or to forecast the spread of Covid-19.

The course is divided into four lecture sessions taught over four days, followed by a practice/presentation session the following week.

14-17 June 2021:

Session 1: Investor Beliefs and Financial Markets

Session 2: The Determinants of Household and Investor Beliefs

Session 3: Social Interactions and Beliefs in the Housing Market

Session 4: Social Networks and Economic Outcomes

25 June 2021:

Group presentations: Data work with Social Connectedness Index

Administrative Information:

The course will take place online. More information about logistics will be circulated closer to the date.

Candidates who have a CEPR profile should apply by submitting their CV online at https://portal.cepr.org/EABCN-TS-June-2021 by 6pm (CET), Friday 14 May 2021. If you do not currently have a CEPR profile, please create a new one here and then click on the registration link.

We ask that you send a current version of your CV. PhD students should also specify in which way the school will be useful for their current research (max 300 words).

Participants from non-academic institutions where the employer is not a member of the EABCN network are charged a reduced course fee of EUR 1,000. About the Instructor:

Johannes Stroebel is the David S. Loeb Professor of Finance and the Boxer Faculty Fellow at the New York University Stern School of Business, as well as a Research Associate at the National Bureau of Economic Research. He joined NYU in 2013 from the University of Chicago Booth School of Business, where he was the Neubauer Family Assistant Professor of Economics. Professor Stroebel conducts research in finance, macroeconomics, and real estate economics. He has won numerous awards, including the AQR Asset Management Institute Young Researcher Prize and the Brattle Award for the best paper published in the Journal of Finance. He has also won an Alfred P. Sloan Research Fellowship in Economics. He sits on the editorial boards of the Journal of Finance, the Review of Economic Studies, and the Journal of Political Economy. Professor Stroebel read Philosophy, Politics, and Economics at Merton College, Oxford, where he won the Hicks and Webb Medley Prize for the best performance in Economics. He earned a Ph.D. in Economics at Stanford University, where he held the Bradley and Kohlhagen Fellowships at the Stanford Institute for Economic Policy Research.

In this e-conference three renowned experts will present their findings on: (1) the sources of populist resurgence, (2) the potential economic consequences of populist policies; and (3) possible measures to adapt current policy.

Keynote speakers

Sergei Guriev (Sciences Po and CEPR)
Dani Rodrik (Harvard Kennedy School and CEPR)
Antonio Spilimbergo (IMF and CEPR)

Moderator

Shéhérazade Semsar-de Boisséson (Politico Europe)

The ENS de Lyon, in collaboration with CEPR, organised the Workshop Firms' Behavior in Hostile Environments, on Wednesday 16th of June, 2021, from 2:00 to 6:50 pm. (CEST).

The workshop brought together leading US- and Europe-based researchers with a specific focus on developing countries, working in the fields of:

• Political Economy
• Economics of Conflict
• Firms and Organizations in Developing Countries

Speakers and Programme:

• 2:00 to 2:45 pm
  Firms amid Conflict: Performance, Production Inputs, and Market Competition
  Michele Di Maio (La Sapienza University Rome), joint with Davide Del Prete and Aminur Rahman
   
• 2:45 to 3:30 pm
  Labor Market Power, Self-Employment and Development
  Pamela Medina Quispe (University of Toronto), joint with Francesco Amorio and Monica Morlacco
   
• 3:40 to 4:25 pm
  The Economic Costs of Conflict: A Production Network Approach
  Lavinia Piemontese (ENS de Lyon), joint with Mathieu Couttenier and Nathalie Monnet
   
• 4:25 to 5:10 pm
  Production Networks and War
  Vasily Korovkin (CERGE-EI), joint with Alexey Makarin
   
• 5:20 to 6:05 pm
  Informational Barriers to Market Access: Experimental Evidence from Liberian Firms
  Jonas Hjort (Columbia University and CEPR), joint with Vinayak Iyer and Golvine de Rochambeau
   
• 6:05 to 6:50 pm
  How Do Firms Respond to Insecurity? Evidence from Afghan Corporate Phone Records
  Tarek Ghani (Olin Business School), joint with Joshua Blumenstock, Sylvan Herskowitz, Ethan B. Kapstein, Thomas Scherer and Ott Toomet
   

Organizers:
Mathieu Couttenier (ENS de Lyon and CEPR)
Lavinia Piemontese (ENS de Lyon)

CEPR Competition Policy Event 17 June 2021

15:00-18:00 BST / 16:00-19:00 CEST / 10:00-13:00 EDT

Privacy/data protection and antitrust enforcers continue to operate in silos: data protection agencies (supposedly) enforcing data protection rules, and antitrust agencies doing "market power" and traditional anticompetitive conduct. Yet market power allows violations of privacy and data protection, and those in turn entrench market power. Privacy experts deserve a place at the antitrust table to inform the analysis of mergers and conduct, to lessen consumer exploitation and discipline market power. We have long needed "integration", not just "intersection".

Is it starting to happen? The State AG complaints in the US against Facebook and Google are concerned with privacy degradation as monopoly rents, and discriminatory privacy changes as anticompetitive conduct.  There are calls for federal privacy regulation. In Europe, we have had the GDPR since 2018 but enforcement is lagging. Germany has been a pioneer with Facebook and new cases with a data focus being opened under the new competition law regime. France too. In the UK the competition and data protection agencies - CMA and ICO - just issued a joint statement setting out a "holistic" approach. This is unprecedented.

The newly launched CEPR Competition Policy RPN (https://cepr.org/content/cepr-rpn-competition-policy) organized a discussion between senior antitrust regulators, privacy experts, and economists. In the first panel, privacy and data protection experts discussed some key insights for antitrust enforcers. The second panel discussed with antitrust leaders how these ideas are progressing in practice.

 Download the Speaker biographies 

 Watch the recordings below: 

Part 1: What are the Privacy Experts Seeing that the Antitrust Regulators are not?
This session laid out the data harms that arise from degraded privacy and data protection and how this maps into harm to consumers using the language of competition economics.

Moderated by:

Part 2: What's the Progress on Integrating Antitrust & Privacy?
In this session, senior regulators joined the roundtable. Speakers gave their view on progress achieved and areas for improvement.

Moderated by:

The Covid-19 pandemic hit in a macroeconomic environment that has been characterised by long-lasting low interest rates, low inflation and (in some cases) low growth. Concerns on both its causes and its policy implications are growing stronger: Why is inflation falling short of central banks’ targets? Are business cycle fluctuations, and the effects of monetary policy, symmetric around some natural level? Does the new macroeconomic environment call for a revision of the strategy and objectives of monetary policy? What is the role that fiscal policies should play in stabilising the economy?

The pandemic has made the challenges facing policymakers in such a low interest rate environment even more demanding.

To foster this debate, the organising committee invites submissions of theoretical, applied and empirical work on topics related (but not limited) to:

•       asymmetries of business cycles, scarring effects of the pandemic shocks and the role of stabilisation policies to limit persistent damages

•       monetary policy challenges for the post-pandemic recovery

•       the design of policy strategy and objectives in a low interest rate environment

•       the interaction of fiscal and monetary policies in the wake of the pandemic

•       monetary policy transmission with heterogeneous households, firms, or banks

Marco Del Negro (Federal Reserve Bank of New York and CEPR) and Ricardo Reis (London School of Economics and CEPR) are confirmed keynote speakers.

The deadline for submitting the extended abstract or completed draft (strongly preferred) of the paper is 18:00 CEST on Wednesday 31 March 2021. For CEPR affiliates and those already registered with the CEPR website, please submit your paper via https://portal.cepr.org/closing-gaps-future-stabilisation-policies-after-covid-19-pandemic. If you do not have a CEPR profile, you can create one here https://portal.cepr.org/user/register and then click on the registration link above. In your submission, please indicate whether you would be willing to act as a discussant.

If you have any difficulties registering for this meeting, please contact Mandy Chan, Senior Events Officer at [email protected].

We expect the conference to take place online; should the evolution of the pandemic allow it, we will host the event at the Banca d’Italia premises in Rome.

In the latter case, limited funding is available for travel and accommodation expenses for academic participants that are presenting. Expenses will be reimbursed according to the standard CEPR Travel guidelines. Costs will not be covered for central bank participants. We recommend that you hold off making any travel arrangements until further information has been given. 

Authors of successful submissions and accepted participants will be notified by Friday 30 April 2021.

We invite you to the 2021 CEPR Public Economics Symposium which will be held online on 23-24 June 2021.

The goal of the symposium is to provide a forum for high-quality work in public economics and to bring together economists in the field from across Europe as well as key researchers from outside the region. This year, the theme of the symposium is “Health Meets Public Economics.” 

Our keynote speaker for the symposium will be Heidi Williams (Stanford) presenting "Reforming the patent system"

The event provides an opportunity for researchers from different universities and countries to discuss their work in a relaxed atmosphere and to develop long-term collaborative relationships. It also provides an opportunity for young researchers to meet and discuss their work with senior economists.  To foster the desired interaction we ask that participants attend for the entire duration of the symposium. 

Papers and Program are available on the event webpage. This event will not be recorded. Currently, this meeting is open to members of the CEPR PE group only.

Organisers

Gabriella Conti, UCL and CEPR
Camille Landais, LSE and CEPR

Please contact, Lydia Williams, CEPR Events Officer at [email protected] for assistance. 

The Covid-19 pandemic has kept the world on tenterhooks for some time. Not only are the direct health consequences in many countries shockingly severe, but the pandemic is also acting as a catalyst for existing threats. The polarization of the labor market and the simultaneous rise of automation have long been top of the agenda of policymakers and popular media. Covid-19 has further fueled this debate, and fears about replacing workers with robots have reignited. Many headlines prompted by the pandemic warn of a new wave of job-destroying automation. The unemployment rate in the U.S. rose to nearly 15 percent in April 2020 ? the highest level since start of record after World War II. More than ever, there is a need for reliable evidence to inform policy makers. What is happening to workers, specifically middle-class ones? Should we expect robot-induced mass unemployment because of the pandemic?

Nir Jaimovich will answer these and related questions in his webinar. In a first step, he will present US labor market data, identifying the types of individuals who are likely to work in middle-class occupations and tracking how they act on the labor market outcomes. In a second step, he will compare different policies that aim at combating the labor market malaise middle-class workers have experienced.

This is a public event with free access via livestream on our website. We recommend that you register so that we can send you a reminder as well as the livestream link shortly beforehand.

This session is supported by the Centre for Economic Policy Research (CEPR).

Micro and Macro Implications of Household Behaviour and Financial Decision-Making is a new cross-disciplinary seminar series covering research at the intersection of household finance, macro and labour economics. It represents a collaboration between universities and research networks and centres.
 
Seminars are held on Zoom each month and will run for 90 minutes including a discussion panel.
 
Our fourth meeting will be on Friday 25th June from 3:30pm-5:00pm BST and will feature José-Luis Peydró (Imperial and CEPR) presenting Monetary Policy and Inequality (with Asger Lau Andersen (University of Copenhagen), Niels Johannesen (University of Copenhagen and CEPR) and Mia Jørgensen (University of Copenhagen)). Discussion by Adrien Auclert (Stanford and CEPR) and Kjetil Storesletten (University of Oslo and CEPR).  

Registration Link:
https://us02web.zoom.us/meeting/register/tZEvduGppzMiGtZG_h9C_9n-eKY17pxmC690

Organisers: Richard Blundell, Michael Haliassos, Christopher Hansman, Yigitcan Karabulut, Peter Levell, Benjamin Moll, Tarun Ramadorai, and Polly Simpson.
            
Abstract: We analyze the distributional effects of monetary policy on income, wealth and consumption. We use administrative household-level data covering the entire population in Denmark over the period 1987-2014 and exploit a long-standing currency peg as a source of exogenous variation in monetary policy. We consistently find that gains from softer monetary policy in terms of income, wealth and consumption are monotonically increasing in the ex ante income level. The distributional effects reflect systematic differences in exposure to the various channels of monetary policy, especially non-labor channels (e.g. leverage and assets). Our estimates imply that softer monetary policy increases income inequality.

Monday 28th June, 2021
09:00-10:00 EDT (Washington)
14:00-15:00 BST (London)
15:00-16:00 CEST (Paris)

Crisis seems to follow crisis. Inequality is rising, growth is stagnant, the environment is suffering, and the COVID-19 pandemic has exposed every crack in the system. We hear more and more calls for radical change, even the overthrow of capitalism. But the answer to our problems is not revolution. The answer is to create a better capitalism by understanding and harnessing the power of creative destruction?innovation that disrupts, but that over the past two hundred years has also lifted societies to previously unimagined prosperity.

To explain, Philippe Aghion, Céline Antonin, and Simon Bunel draw on cutting-edge theory and evidence to examine today's most fundamental economic questions, including the roots of growth and inequality, competition and globalization, the determinants of health and happiness, technological revolutions, secular stagnation, middle-income traps, climate change, and how to recover from economic shocks. They show that we owe our modern standard of living to innovations enabled by free-market capitalism. But we also need state intervention with the appropriate checks and balances to simultaneously foster ongoing economic creativity, manage the social disruption that innovation leaves in its wake, and ensure that yesterday's superstar innovators don't pull the ladder up after them to thwart tomorrow's. A powerful and ambitious reappraisal of the foundations of economic success and a blueprint for change, The Power of Creative Destruction shows that a fair and prosperous future is ultimately ours to make.

Join the author Philippe Aghion and panellists Ufuk Akcigit, Sir Richard Blundell and Bronwyn Hall in a discussion on this newly published book.

In the years following the GFC, many economies have experienced low inflation rates, both during the years of moderate activity and in periods of recovery. The underlying causes of this phenomenon and the apparent weakening of the relationship between activity and prices against the backdrop of changes in price adjustment dynamics due to global changes such as technological advances and the spread of e-commerce are not fully understood. The COVID-19 crisis exacerbated this downward trend, owing to weak demand, which dominated the initial negative supply shock.
 
Alongside the proximity of policy rates to the effective lower bound, these developments have revived the discussion of the inflation targeting regime – its advantages and disadvantages, and the changes that might be desirable.
 
The conference “Inflation: Dynamics, Expectations, and Targeting,” organised by the Bank of Israel and the Centre for Economic Policy Research (CEPR), to be held (virtually) in Jerusalem on 12-13 July 2021, will address these issues and will be an opportunity to discuss them, bringing together top researchers from academia, central banks, and other policy institutions.
 
The conference will devote time both for academic seminar presentations and high-level policy discussions.
 
Prof. Amir Yaron, the Bank of Israel’s governor, will provide remarks. John C. Williams, the President and Chief Executive Officer of the Federal Reserve Bank of New York, will be the keynote speaker.
 
Some of the topics of interest include, but are not limited to:

• Expected inflation: measurement, dynamics, and effects on realised inflation.
• Theoretical and empirical analysis of inflation targeting frameworks and lessons from countries’ experiences.
• Small open economies’ experiences with inflation targeting.
• Inflation dynamics: macro- and micro investigation.
• Globalisation and inflation dynamics.
• Inflation trends in the post COVID-19 crisis era.

Each paper on the programme will have an assigned discussant. All papers presented at the conference will be posted on the Bank of Israel website.
 
Important Dates:
Authors interested in presenting research at this conference should submit a PDF of their paper to [email protected]. The deadline for submissions is 31 March 2021. Authors of accepted papers will be notified by 30 April 2021.
 
Please feel free to circulate this call for papers to your colleagues using this link.
 
Programme Committee:
Itamar Caspi (Bank of Israel), Wouter Den Haan (CEPR and LSE), Refet Gürkaynak (Bilkent University and CEPR) and Sigal Ribon (Bank of Israel).

We are delighted to invite you to the Third CEPR/EAERE Webinar on Climate Policy: The European Green Deal taking place on July 16, 2021 from 5.00 to 6.30 pm CEST.

On July 4, 2021 the European Commission will present its "Fit for 55" Proposal. Stefanie Hiesinger, Member of Cabinet of the Executive Vice-President for the European Green Deal, Frans Timmermans at the European Commission, will introduce us to the key insights of this proposal, followed by a description of his perspective by Peter Liese as Member of the European Parliament and a commentary by Arthur Runge-Metzger, Director for Climate Strategy, Governance, Emissions from Non-Trading Sectors at the European Commission?s Directorate General for Climate Action. Finally, Ottmar Edenhofer, Director of the Potsdam-Institute for Climate Impact Research (PIK), will share his views on a whole economy carbon price for Europe and how this goal can be reached. The event will be moderated by Brigitte Knopf, Secretary General of the Mercator Research Institute on Global Commons and Climate Change (MCC).

The webinar will take place on July 16, 2021 from 5.00 to 6.30 pm CEST.

The format will be as follows:

Introduction: 5 mns Main Presentation: 20 mns Commentary & Insights: 20 mns per speaker Moderated discussion: 45 mns

The main presentation will be given by Stefanie Hiesinger (European Commission).

This presentation will be followed by 20-minutes of commentary & insights by Peter Liese (European Parliament), Artur Runge-Metzger (European Commision) and Ottmar Edenhofer (Potsdam Institute for Climate Impact Research and CEPR). This segment will be followed by a 45-minute moderated discussion and Q&A session led by Brigitte Knopf (Secretary General of the Mercator Research Institute on Global Commons and Climate Change).

The Climate Policy Webinar Series (CPWS) is a webinar series featuring invited speakers in the area of climate policy. It is aimed at experts working in governments, international organizations, the private sector, academics and the media. This monthly online series started in May 2021 and is organized jointly by the Centre for Economic Policy Research (CEPR) and the European Association of Environmental and Resource Economists (EAERE).

Organisers: Carlo Carraro (Università Ca' Foscari di Venezia and CEPR) Ottmar Edenhofer (Potsdam Institute for Climate Impact Research) Christian Gollier (Toulouse School of Economics and CEPR)

We look forward to seeing you at the webinar on July 16!

Monday 19 July, 2021
09:00 - 10:30 EDT (Washington)
14:00 - 15:30 GMT (London)
15:00 - 16:30 CEST (Paris)

This CEPR-World Bank eBook, edited by Ana Margarida Fernandes, Nadia Rocha, and Michele Ruta, brings together leading experts in international trade from academia and policy institutions to provide new analysis on the determinants of DTAs, how they affect trade and non-trade outcomes, and how they might shape trade relations in a post-COVID-19 world.

Join Ana Margarida Fernandes, Anabel Gonzalez, Mari Pangestu, Nadia Rocha, Michele Ruta and L. Alan Winters in this upcoming discussion on the new generation of trade agreements.

• Kai A. Konrad, Max Planck Institute for Tax Law and Public Finance and CEPR
• Dan Kovenock, Economic Science Institute, Chapman University, USA
• Ronny Razin, London School of Economics and CEPR

• Jana Cahlikova, MPI for Tax Law and Public Finance
• Subhasish M. Chowdhury, University of Bath
• Kai A. Konrad, MPI for Tax Law and Public Finance and CEPR
• Dan Kovenock, Chapman University
• Marco Serena, MPI for Tax Law and Public Finance
• Branislav Slantchev, University of California, San Diego

• A current Curriculum Vitae in pdf format
• A short outline of your research interests and why they might fit with the topic of the Summer School
• Optional - a research paper you might want to present/discuss at the meeting
• Optional - letter(s) of recommendation

The 14th China Economics Summer Institute (CESI) will be held online between 25-27 August 2021 by Tsinghua University. The objective of CESI is to create a network and community of top level scholars working on Chinese economic development (working papers of previous CESI available at http://cesi.econ.cuhk.edu.hk/). This initiative is currently co-sponsored by the Chinese University of Hong Kong ? Tsinghua University Joint Research Center for Chinese Economy, the Institute for Emerging Market Studies at the Hong Kong University of Science and Technology, the Guanghua School of Management at Peking University, the Stanford King Center on Global Development at Stanford University, and the School of Economics and Management at Tsinghua University. The Summer Institute is organized in collaboration with the BREAD, NBER and CEPR networks of academic economists.

This call invites you to submit a paper or express your interest in attending the above Summer Institute, which will be hosted online this year by Tsinghua University, during 25-27 August 2021. The workshop intends to bring together the best scholars working on China in China, the US and Europe with other top level scholars who have an interest in working on China in the future. We welcome applications not only from those who want to present their research on China but also from anybody who has an interest in doing serious economic research on China and would like to use the workshop as means of exploring this possibility.

During the workshop for a period of three days, there will be seminar presentations. Senior scholars who will attend will be available for consultations with junior scholars. Afternoon sessions will give the opportunity to a select group of young scholars and Ph.D students to present their work.

The scientific committee of the China Economics Summer Institute is composed of Chong-En Bai, Ruixue Jia, Hongbin Li, Ernest Liu, Yi Lu, Albert Park, Gérard Roland, Zheng (Michael) Song, Heiwai Tang, Daniel Xu, Xiaobo Zhang, Yifan Zhang, and Li-An Zhou.

Please register online (https://cloud.itsc.cuhk.edu.hk/mycuform/view.php?id=986684) for possible presentation at the meeting or expressions of interest in attending the meeting by 7 May 2021 (Friday).

If you need further information, please do not hesitate to contact us.

Yours sincerely,

The organising and programme committees, along with the organising institutions (Glasgow University - Cyprus University of Technology - Durham University Business School - KU Leuven - Fordham University - Montpellier Business School - University of Zurich - Centre for Economic Policy Research) invite submissions of high quality theoretical or empirical research papers on financial intermediation, corporate finance, and their intersection.
The academic programme starts Monday morning (30 August) and ends Tuesday afternoon (31 August).
There will be 10 papers presented and discussed (mostly by members of the programme committee), and two vigorous poster sessions featuring another 10 papers. There will also be ample time for discussion, reflection, and outdoor activities.
Authors will be notified about the acceptance of papers by late May/early June 2021 and the conference programme will be released in June 2021.
Due to competition and capacity constraints, preference will be given to participants who will stay for the whole duration of the conference.

Health and Safety

The conference is committed to providing a safe, and productive setting for all participants. In the case of future Covid19 restrictions preventing the conference from taking place in person or large groups, we will adjust to either a combination of online and in person conference, or to a completely online conference.

Conference Fees

Paper Submission Guidelines

To submit a paper, please visit the call for papers webpage. The deadline for submission is 6pm (GMT), Friday 30 April 2021. If you have any difficulties registering for this meeting, please contact Lydia Williams, CEPR Events team at [email protected] for assistance (with subject header "5786 - 3rd Endless Summer Conference").

Venue

Sea View Hotel 4 Xanthou st, Glyfada Athens 166 74 Greece The hotel is accessible from the Athens International Airport by taxi or bus (route X96 to stop Asteria). Approximate travel time by bus is 35 minutes (https://www.athensairportbus.com/en/timetable/x96airporttopiraeusport.html) and approximate travel time by taxi is 20-25 minutes.

Organising Committee

Panayiotis C. Andreou (Cyprus University of Technology)
Hans Degryse (KU Leuven & CEPR)
Ralph De Haas (EBRD, Tilburg University and CEPR)
Manthos Delis (Montpellier Business School)
Iftekhar Hasan (Fordham University & Bank of Finland)
Sotirios Kokas (University of Essex)
Steven Ongena (University of Zurich, SFI, KU Leuven & CEPR)
Dennis Philip (Durham University)

Programme Committee

Tobias Berg (Frankfurt School of Finance & Management)
Arnoud Boot (University of Amsterdam & CEPR)
Fabio Braggion (Tilburg University & CEPR)
Martin Brown (University of St. Gallen)
Giacinta Cestone (Cass Business School)
Ian Cooper (London Business School)
Claudia Custodio (Imperial College London & CEPR)
Olivier De Jonghe (National Bank of Belgium & Tilburg University)
Bill Francis (Lally School of Management)
Andreas Fuster (Swiss National Bank & CEPR)
Pedro Gete (IE Business School)
Mariassunta Giannetti (Stockholm School of Economics & CEPR)
Vasso Ioannidou (The Business School (formerly Cass) & CEPR)
Nicola Limodio (Bocconi University)
Alexander Michaelides (Imperial College London & CEPR)
Roni Michaely (University of Geneva)
Friederike Niepmann (Federal Reserve Board & CEPR)
Michaela Pagel (Columbia Business School & CEPR)
José-Luis Peydró (Imperial College London, UPF, CREI, Barcelona GSE & CEPR)
Alexander Popov (ECB)
Raghavendra Rau (Cambridge Judge Business School)
Lucio Sarno (Cambridge Judge Business School & CEPR)
Larissa Schäfer (Frankfurt School of Finance & Management)
Elena Simintzi (University of North Carolina & CEPR)
Denis Sosyura (Arizona State University)
Sascha Steffen (Frankfurt School of Finance & Management)
Margarita Tsoutsoura (Cornell University & CEPR)
Patrick Verwijmeren (Erasmus School of Economics)
Wolf Wagner (Erasmus University Rotterdam & CEPR)
Yihui Wang (Fordham University)
David Yermack (NYU)

Further Information