The conference will cover a broad range of themes in macroeconomics and finance with a view to the medium and long run. A special emphasis is on methodological, theoretical and empirical aspects and on their relevance for economic policy.
Professor Kristin Forbes (Monetary Policy Commitee, Bank of England) will talk about "Rethinking Current Account Vulnerabilities" and this will be discussed by Gianluca Benigno (LSE and CEPR),Giancarlo Corsetti (University of Cambridge and CEPR) and Frank Smets (ECB and CEPR). Bank of England will host the event.
The 23nd EABCN training school will be a three days course on 'Term Structure Modeling and the Lower Bound Problem' taught by Dr Jens Christensen (Federal Reserve Bank of San Francisco). The course will cover the most recent literature on how to model the term structure of bond yields including challenges posed by the asymmetric behavior of yields near their lower bound.
The recent turbulent times have revived the interest in business cycle analysis, forecasting and methods to assess the effects of economic policies. This, in turn, has generated the development of refined or totally new econometric methods, in particular based on Bayesian techniques. The conference will cover a broad range of econometric themes with emphasis on methodological, theoretical and empirical aspects and their relevance for economic policy making.
Individual households differ along multiple dimensions, e.g., wealth, indebtness, income, education or benefits.Firms also vary in terms of size, productivity or access to credit. Accounting for agents heterogenity can have important implications when studying the impact of economic shocks and effectivness of economic policy. This conference aims to to include both theoretical and empirical contibutions discussing these issues.
The 22nd EABCN training school will be a three days course on 'Macroeconomics and Inequality' taught by professor Per Krusell (Stockholm University) and professor Anthony Smith (Yale University). The course will review the theoretical developments of heterogeneous agents models. The course will also cover the empirical literature on inequality in income and wealth.