1856 - Papers

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Thursday 21 January


09.30 - 10.30 Insider-Outsider Labor Markets, Hysteresis and Monetary Policy

*Jordi Galí (CREI and CEPR)

10.30 - 11.30 Stagnation Traps

*Luca Fornaro (CREI, Universitat Pompeu Fabra and CEPR) joint with Gianluca Benigno (London School of Economics and CEPR)

12.00 - 13.00 Demographic Structure and Macroeconomic Trends

*Yunus Aksoy (Birkbeck College, University of London) joint with Henrique S. Basso (Banco de Espana), Tobias Grasl (Birkbeck, University of London) and Ron P. Smith (Birkbeck, University of London)

14.00 - 15.00 Poster session 1

15.00 - 16.00 Structural Reforms and Inclusive Growth

*Philippe Aghion (Harvard University, College de France and CEPR)

16.30 - 17.30 Learning about Banks’ Net Worth and the Slow Recovery after the Financial Crisis

*Michael Kühl (Deutsche Bundesbank) joint with Josef Hollmayr (Deutsche Bundesbank)

17.30 - 18.30 Low-Frequency Econometrics

*Mark W Watson (Princeton University) joint with Ulrich K. Müller (Princeton University)


Friday 22 January


09.00 - 10.00 Sovereign yields and the risk-taking channel of currency appreciation  

*Hyun Song Shin (Bank for International Settlements and CEPR) joint with Boris Hofmann and Ilhyock Shim (both Bank for International Settlements)

10.00 - 11.00 Search for Yield

*Rafael Repullo (CEMFI and CEPR) joint with David Martinez-Miera (Universidad Carlos III de Madrid)

11.30 - 12.30 When Money Crowds out Capital: Stagnation in a Liquidity Trap

*Kenza Benhima (Université de Lausanne and CEPR) joint with Philippe Bacchetta (University of Lausanne, Swiss Finance Institute CEPR) and Yannick Kalantzis (Banque de France)

13.30 - 14.30 Poster session 2

14.30 - 15.30 House prices and consumer spending

*Guido Lorenzoni (Northwestern University) joint with David Berger (Northwestern University), Veronica Guerrieri (University of Chicago) and Joseph Vavra (University of Chicago)


* Indicates the presenter.

Sessions are divided into 35 minutes for the presenter, 15 minutes for discussant and 10 minutes for general discussion.