Event Details

Economics Department is delighted to host the “Workshop on Empirical and Theoretical Macroeconomics – ETM Lancaster”

April 25, 2024

08:40-09.10 Registration and welcome coffee

09:10-09.15 Opening remarks

09.15 – 11.00 Session I – Heterogeneity

Chaired by Lorenza Rossi

09:15-09.50 – Pontus Rendahl (Copenhagen Business School), Market power, Growth, and Inequality

09:50-10.25 – Ralph Luetticke (University of Tübingen), HANK's Response to Aggregate Uncertainty in an Estimated Business Cycle Model

10:25-11.00 – Spyridon Lazarakis (Lancaster University), Debt targets and fiscal consolidation in a two-country HANK model for the Euro Area

11:00-11.30 Coffee break

11.30 – 12.30 Keynote Speech

Chaired by Spyridon Lazarakis

Marcus Hagedorn (University of Oslo), Inflation: The role of nominal demand and fiscal policy

12:30-13.45 Lunch

13.45 – 15.30 Session II – TFP shocks and Adoption

Chaired by Stefano Fasani

13:45-14.20 – Christoph Görtz (University of Augsburg), Split Personalities: The Changing Nature of Technology Shocks

14:20-14.55 – Joseba Martinez (London Business School), The Dynamic Effects of Income Tax Changes in a World of Ideas

14:55-15.30 – Olivier Cardi (Lancaster University), Why Hours Worked Decline Less after Technology Shocks?

15:30-15.50 Coffee break

15.50 – 17.00 Session III – News and Expectations

Chaired by Mirela Miescu

15:50-16.25 – Eleonora Granziera (Norges Bank), FOMC speeches and disagreement in inflation expectations

16:25-17.00 – Ana Galvao (Bloomberg Economics), Bond Risk Premia and Economic Data News

17:00-17.10 Break

17.10 – 18.10 Keynote Speech

Chaired by Stefano Fasani

Domenico Giannone (Amazon, University of Washington), Scarce, Abundant, or Ample? A Time-Varying Model of the Reserve Demand Curve

19:00-22.00 Dinner at Toll House Inn, Penny Street, Lancaster LA1 1XT (by invitation only)

April 26, 2024

09.00 – 10.45 Session IV – Fiscal Policy and Green Transition

Chaired by Stefano Fasani

09:00-09.35 – Jonas Jensen (Frankfurt School), The Impact of Monetary Policy and Lender-of-Last-Resort Announcements on the Treasury Market

09:35-10.10 – Anna Rogantini Picco (European Central Bank), The Signaling Effects of Fiscal Announcements

10:10-10.45 – Tom Schmitz (Queen Mary University of London), Regional and Aggregate Economic Consequences of the Green Transition

10:45-11.15 Coffee break

11.15 – 12.25 Session V – Nonlinearities

Chaired by Spyridon Lazarakis

11:15-11.50 – Lorenza Rossi (Lancaster University), Nonlinearities with de-anchored inflation expectations

11:50-12.25 – Leonardo Melosi (University of Warwick), Estimating Nonlinear Heterogeneous Agents Models with Neural Networks

12:25-13.30 Lunch

13.30 – 14.40 Session V – Monetary Policy

Chaired by Mirela Miescu

13:30-14.05 – Keith Kuester (University of Bonn), Exchange Rate Insulation Revisited

14:05-14.40 – Dimitris Korobilis (University of Glasgow), The economy-wide effects of monetary policy

14:40-14.50 Break

14.50 – 15.50 Keynote Speech

Chaired by Lorenza Rossi

Giorgio Primiceri (Northwestern University), TBA

15:50-15.55 Closing remarks