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7TH
WORKSHOP EURO AREA BUSINESS CYCLE NETWORK (EABCN) |
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Estimation and Empirical Validation of Structural Models
for Business Cycle Analysis
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| Zurich,
29-30 August, 2006, hosted by the Swiss National Bank
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Organizers:
Fabio Canova, Università Bocconi, Universitat
Pompeu Fabra, London Business School and CEPR, Domenico
Giannone, Université Libre de Bruxelles, Andreas
Fischer, SNB and CEPR
Click on name for presentation
or discussion notes |
| Monday 28 August |
| 18:00 |
Short guided city tour (optional) |
| 19:15 |
Welcome Reception at the SNB (Fraumünster 8) |
| Tuesday 29 August |
| 09:45 |
Welcome Coffee |
| 10:00 |
Introductory Speech by Andreas Fischer,
Swiss National Bank and CEPR |
| 10:15 |
Forecasting and Identification
*Jean
Philippe Laforte, Board of Governors of the Federal
Reserve System
Rochelle Edge, Board of Governors of the Federal Reserve
System
Michael Kiley, Board of Governors of the Federal Reserve
System
A Comparison
of Forecast Performance Between Federal Reserve Staff
Forecasts, Simple Reduced-Form Models, and a DSGE Model
Discussants: Raffaella
Giacomini, University of Califorina, Los Angeles
Domenico
Giannone, Université Libre de Bruxelles |
| 11:15 |
Coffee Break |
| 11:30 |
*Fabrice
Collard, University of Toulouse
Patrick Fève, University of Toulouse
Julien Matheron, Banque de France
Short-Run
Restrictions: An Identification Device?
Discussants: Gert
Peersman, Bank of England and Ghent University
Luca
Sala, Università Bocconi |
| 12:30 |
Lunch |
| 13:30 |
Estimation
*Marco
Del Negro, Federal Reserve Bank of Atlanta
Frank Schorfheide, University of Pennsylvania and CEPR
Prior
choice and DSGE model comparisons
Discussants: Frank
Smets, European Central Bank and CEPR
Simon
Potter, Federal Reserve Bank of New York
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| 14.30 |
Coffee Break |
| 14:45 |
Gianni Amisano, Università di Brescia
*Oreste
Tristani, European Central Bank
Euro
area inflation persistence in an estimated nonlinear
DSGE model
Discussants: Sumru
Altug, Koç University, Turkey
Michael
Dueker, Federal Reserve Bank of St. Louis |
| 15:45 |
Coffee Break |
| 16:00 |
Jesús Fernández-Villaverde, University
of Pennsylvania and CEPR
*Juan
F. Rubio-Ramírez, Federal Reserve Bank of
Atlanta
Estimating
Macroeconomic Models: A Likelihood Approach
Discussants: Gianni
Amisano, Università di Brescia
Raf
Wouters, National Bank of Belgium |
| 17:00 |
Break |
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Evening Dinner |
| Wednesday 30 August |
| 10:00 |
Coffee |
| 10:15 |
*Barbara
Rudolf, Swiss National Bank
Hasan Bakhshi, Lehman Brothers
Hashmat Khan, Carleton University
The
Phillips curve under state-dependent pricing
Discussants: Michele
Lenza, European Central Bank
Paolo
Surico, Bank of England |
| 11:15 |
Coffee Break |
| 11:30 |
Riccardo Cristadoro, Banca d'Italia
A. Gerali, Banca d'Italia
*Stefano
Neri, Banca d'Italia
M. Pisani, Banca d'Italia
Nominal
rigidities, distribution costs and the dynamics of the
real exchange rate: a Bayesian DSGE approach
Discussants: Gunter
Coenen, European Central Bank
Robert Kollman, Université de Paris XII and CEPR
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| 12:30 |
Lunch |
| 13:30 |
Open Economies
*Pau
Rabanal, La Caixa
Vicente
Tuesta, Banco Central de Reserva de Peru
Euro-Dollar
Real Exchange Rate Dynamics in an Estimated Two-Country
Model: What is Important and What is Not
Discussants: Max
Gillman, Cardiff University
Andreas
Fischer, Swiss National Bank and CEPR |
| 14:30 |
Coffee Break |
| 14:45 |
*Gregory
de Walque, National Bank of Belgium
Frank Smets, European Central Bank and CEPR
Raf Wouters, National Bank of Belgium
An
Estimated Two-Country DSGE Model for the Euro Area and
the US Economy
Discussants: Discussants: Bruce
Preston, Columbia University
Martin
EllisonUniversity of Warwick and CEPR |
| 15:45 |
Coffee Break |
| 16:00 |
*Jesper
Lindé, Sveriges Riksbank and CEPR
Malin Adolfson, Sveriges Riksbank
Stefan Laséen, Sveriges Riksbank
Mattias Villani, Sveriges Riksbank
Evaluating
An Estimated New Keynesian Small Open Economy Model
Discussants: Paul
Söderlind, SNB, University of St. Gallen and
CEPR
Fabio Milani, University of California, Irvine and Princeton
University |
| 17:00 |
End |
| *denotes speaker |
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