12th EABCN Workshop: International Business Cycle – Linkages, Differences and Implications June 27, 2010

Programme

Monday 28 June

08.30 – 08.45 Registration and Coffee

08.45-09.00 Introductory remarks

Session 1:

09.00-09.45 When, Where and How Does Government Spending Matters?

*Giancarlo Corsetti (EUI, University of Rome III and CEPR)

Andre Meier (IMF)

Gernot J. Mueller (University of Bonn and CEPR)

Discussant:

Andrew Scott (London Business School and CEPR)

09.45-10.30: The Effects of Foreign Shocks when Interest Rates are at Zero

*Martin Bodestain (Federal reserve Board)

Christopher J. Erceg (Federal Reserve Board)

Luca Guerrieri (Federal Reserve Board)

Discussant:

Jens Sondergaard (Bank of England)

10.30-11.00 Coffee Break

Session 2:

11.00-11.40 Cross Country Causes and Consequences of the 2008 Crisis: Early Warnings

*Mark Spiegel (Federal Reserve San Francisco)

Andrew Rose (U.C. Berkeley)

Discussant:

Alex Popov (European Central Bank)

11.40-12.20 The Impact of the Global Financial Crisis on Business Cycles in Asian Emerging Economies

*IIka Korhonen (Bank of England)

Jarko Fidrmuc (Oesterreichische Nationalbank)

Discussant:

Sylvia Kaufmann (Oesterreichische Nationalbank)

12.20-13.00

International Business Cycle Spillovers

*Kamil Yilmaz (Koc University)

Discussant:

Julia Giese (Bank of England)

13.00 – 14.30 Lunch

Session 3:

14.30-15.10 Technology Shocks: Novel Implications for International Business Cycles

*Andrea Raffo (Federal Reserve Board)

Discussant:

Romain Ranciere (IMF)

15.10-15.50 Openness to Trade and Supply-Chain Diversification

*Francesco Caselli (London School of Economics)

Discussant:

Galo Nuno (Banco de España and Universidad de Comillas)

15.50-16.20 Coffee Break

Session 4:

16.20-17.00 Business Cycles around the Globe

*Peter Benczúr (Central European University and Magyar Nemzeti Bank),

Attila Rátfai (Central European University)

Discussant:

Deborah Gefang (Lancaster University)

17.00-17.40 A Markov Switching Approach to Business Cycles Around the Globe

*Sumrug Altug (Koc University)

Melike Bildirici (Yildiz Technical University)

Discussant:

Katrin Assenmacher-Wesche (Swiss National Bank)

19.30 Conference Dinner

Tuesday 29 June

Session 5:

09.00-09.45 The International Gravity of National Business Cycles

*Mario Crucini (Vanderbilt University and NBER)

Discussant:

Domenico Giannone (Université Libre de Bruxelles)

09.45-10.30 Deconstructing the International Business Cycle

*Tamim Bayoumi (IMF)

Trng Bui (IMF)

Sam Ouliaris (IMF)

Discussant:

Sandra Eichmeier (Deutsche Bundesbank)

10.30-11.00 Coffee break

Session 6:

11.00-11.40 Financial Innovation, the Discovery of Risk, and the 2008 Credit Crisis

Emine Boz (IMF)

Enrique Mendoza (University of Mariland and NBER)

Discussant:

Paul Beaudry (University of Oxford)

11.40-12.20 Banks and International Business Cycles

*Robert Kollman (Université Libre de Bruxelles)

Werner Roeger (European Commission)

Discussant:

Zeno Enders (European University Institute)

12.20-13.00 Financial frictions, financial integration and the international propagation of shocks

Luca Dedola (ECB and CEPR)

*Giovanni Lombardo (ECB)

Discussant:

Margarita Rubio (Banco de España)

13.00-14.00 Lunch

Session 7:

14.00-14.45 Business cycles in the Mediterranean basin: similarities, convergence, spillovers

*Fabio Canova (UPF)

Discussant:

Livio Stracca (ECB)

14.45-15.30 Medium Term Business Cycles in Developing Countries

*Diego Comin (Harvard Business School)

Norman Loayza (WB)

Faroqq Pasha (Boston College)

Luis Serven (WB)

Discussant:

Akos Valentinyi (Magyar Nemzeti Bank)

15.30 End of Conference

Speakers have 20 minutes for the presentations, leaving 10 minutes for the designated discussants and 10 minutes for general discussion.

Organizers:

Andrew Scott (London Business School and CEPR)

Akos Valentinyi (Magyar Nemzeti Bank)

Conference information provided by konferenciakalauz.hu

Official Website: http://english.mnb.hu/Engine.aspx?page=mnben_konf_fomenu&ContentID=13874