Author Archives: usero

SIDE Summer School of Econometrics

held at the Bank of Italy SADIBA Center in Perugia in July 2017

The topic of the first week will be “Non-Parametric Bayesian Models for Big Data and Macro/Finance ” by Prof. Tamara Broderick (MIT) and Prof. Joshua Chan (UTS) from July 10th to July 14th.

The topic of the second week will be “High-Dimensional Econometrics” by Prof. Mehmet Caner (OSU) and Prof. Anders Bredahl Kock (Aarhus and CREATES) from July 17th to July 21st.

The new deadline for applications is May 31st, 2017. More details at http://www.side-iea.it/events/summer-schools/non-parametric-bayesian-models-big-data-and-macrofinance and http://www.side-iea.it/events/summer-schools/high-dimensional-econometrics.

Additional details can be found on https://sites.google.com/site/jurimarcucci/cide_summer_school.

Call: Fragmentation of International Trade and Finance and Risks from Rising Protectionism. Annual meeting of the International Finance and Macroeconomics Program @ Bank of England, London, October 19-20, 2017

The first annual meeting of CEBRA’s International Finance and Macroeconomics program is sponsored by the Bank of England. The submitting author must be a member of CEBRA. To join CEBRA free of charge, please visit: www.cebra.org/join/
The deadline for submissions is May 15, 2017.

Call_IFM1

Program: CEBRA’s Sessions at the WEAI 2017 meetings in San Diego

On June 25-29, 2017 CEBRA is organizing five sessions at the 2017 annual meeting of the Western Economic Association International in San Diego. The program is outlined below and the time schedule of the sessions will be posted on the web page of WEAI later this year.

Access the call here.

Bold indicates the scheduled presenter.

SESSION 1: The Future of Unconventional Monetary Policies
ORGANIZER: PAU RABANAL, IMF

  1. Margarita Rubio (University of Nottingham), “Macroprudential Policies in a Low Interest-Rate Environment”
  2. Annukka Ristiniemi (Riksbank), “Quantitative easing and the price-liquidity trade-off”
  3. Mario Crucini (Vanderbilt), Did Unconventional Fiscal Policy under the ARRA Help Those Most In Need? A County-Level Analysis
  4. Pau Rabanal (IMF), “Should Unconventional Monetary Policies Become Conventional?”

SESSION 2: Applied Macroeconomics and Time Series Econometrics
ORGANIZER: TATSUMA WADA, Keio University

  1. Andreas Fischer (Swiss National Bank), “Portfolio rebalancing in times of stress”
  2. Ine Van Robays (ECB), “Time-variation in US monetary policy spillovers: Good versus bad times”
  3. Martin Berka (University of Auckland), “Structural determinants of real exchange rates in the OECD”
  4. Tatsuma Wada (Keio Univeristy), TBA

SESSION 3: The effects and transmission of monetary policy
ORGANIZERS: JULIEN CHAMPAGNE and SAMI ALPANDA

  1. Johannes Wieland (UCSD), “Financial Dampening”
  2. Kevin Lansing (FRB-SF), “Endogenous Regime Shifts in a New Keynesian Model With a Time-Varying Natural Rate of Interest”
  3. Julien Champagne (Bank of Canada), “The Macroeconomic Effects of Monetary Policy in a Small-Open Economy : Narrative Evidence from Canada”
  4. Sami Alpanda (UCF), “Household Debt Overhand and the Transmission of Monetary Policy”

SESSION 4: Asset markets Linkages: Risks and Spillovers
ORGANIZER: YU-CHIN CHEN, University of Washington

  1. Alexandra Tabova (FRB Board), “Searching for Yield Abroad: Risk-Taking through Foreign Investment in U.S. Bonds”
  2. Dorislav Dobrev (FRB Board), “High-Frequency Cross-Market Trading: Model Free Measurement and Applications”
  3. Anthony Landry (Bank of Canada), “Capital-Goods imports and US Growth”
  4. Yu-chin Chen (Washington), “Exchange rates and yield curves in the era of unconventional monetary policies”

SESSION 5: Central bank policy and household decisions
ORGANIZER:  XIN ZHANG, Riksbank

  1. Chomsisengphet Souphala (Office of the Comptroller of the Currency), “Monetary Policy Shock, Cash Demand and Consumption: Evidence from Turkey”
  2. Matilda Kilström (Riksbank), “Household Debt and Monetary Policy: Revealing the Cash-Flow Channel”
  3. Edison Yu (Philadelphia Fed), “Uncertainty and Consumer Credit Decisions”
  4. Xin Zhang (Riksbank), “Monetary Normalizations and Consumer Credit: Evidence from Fed Liftoff and Online Lending”

Call for applications: Research Unit Visiting Scholars Programme at the Bank of Finland, Monetary Policy and Research Department, Fall/Winter 2017

The Bank of Finland’s Research Unit (RU) invites applications for the Visiting Scholars Programme in the areas of macroeconomics, monetary policy, financial stability and financial markets. More information are available under https://www.suomenpankki.fi/en/research/visiting-scholars-programme/.
The application deadline is April 30, 2017.

RU_VSP_Fall_2017_short

Call: Understanding inflation: lessons from the past, lessons for the future?

Frankfurt am Main, 21-22 September 2017

Many countries have seen low inflation in recent years, and both structural and cyclical factors seem to have contributed to this. The aim of the conference is to enhance our understanding of the drivers and dynamics of inflation and of inflation expectations, to draw conclusions from the most recent low inflation environment as well as from earlier episodes, and to discuss lessons for the future. The conference is intended to provide a forum for discussing innovative research and to facilitate exchanges of views between researchers and policymakers.

Submission Deadline: 31 May 2017

For further information, please visit the website.

Call: Joint European Central Bank and Magyar Nemzeti Bank research workshop on “Macroprudential instruments: effectiveness and interactions”

10 July 2017, Budapest

In the recent years, policymakers have made significant progress in applying macroprudential instruments, particularly in the banking sector. This invites us to evaluate the effectiveness of macroprudential policies and how the different tools designed to mitigate systemic risks interact with each other. Strong interlinkages between European economies and cross-border banking groups mean that particular care must be taken in the implementation of macroprudential measures. In this complex institutional and legal set-up one of the key challenges is to develop a holistic assessment of the macroprudential stance. This requires both an understanding of whether an instrument is appropriate with respect to a particular systemic risk and an understanding of how the macroprudential instruments applied interact with each other. With the objective of enhancing its assessment of macroprudential policies, the Macroprudential Policy Group (MPPG) of the European Central Bank’s Financial Stability Committee (FSC) is organising its second research workshop entitled “Macroprudential policies: effectiveness and interactions”, to be held in Budapest on 10 July 2017 and hosted by the Magyar Nemzeti Bank.

The workshop aims to facilitate a dialogue between policymakers and researchers in order to better assess the adequacy of macroprudential policies. The workshop will review empirical results, as well as state-of-the-art models and tools currently being developed in academia and policy institutions for the assessment of macroprudential policies. The review is intended to shed further light on possible complementarities, interactions and spillover effects created by the application of macroprudential measures.

Submission deadline: 18:00 CET on 19 May 2017

For further information about the research workshop, please visit the webiste.