Conference on:
Dynamic Macroeconomic Theory
Friday, 11 June – Sunday, 13 June, 2004
Institute of Economics, University of Copenhagen
Bispetorvet, Rooms 204 and 214
Programme
New papers uploaded, June 10
(*) denotes speaker
Friday, 11 June, 13.00 - 13.30: Arrival and coffee in Room 214.
Friday, 11 June, 13.30 - 15.00: SESSION I, Room 214. Chair: Henrik Jensen
Andreas Beyer,
European Central Bank
Roger Farmer (*), University of California, Los Angeles
"On the
Indeterminacy of New-Keynesian Economics"
Jean-Pascal Bénassy,
CEPREMAP, Paris
"Interest Rate
Rules, Price Determinacy and the Value of Money in a non Ricardian World"
Friday, 11 June, 15.00 - 15.30: Coffee
Friday, 11 June, 15.30 - 17.00: SESSION II, Room 214. Chair: Hans Jørgen Whitta-Jacobsen
Ester Faia,
Universitát Pompeu Fabra
"Ramsey Monetary Policy with Financial Distortions"
James B. Bullard
(*), Federal Reserve Bank of St. Louis
George W. Evans, University of Oregon
Seppo Honkapohja, University of Cambridge
"Near-Rational
Exuberance"
Saturday, 12 June, 9.30 - 11.45: SESSION III, Room 214. Chair: Hans Jørgen Whitta-Jacobsen
Marta Aloi,
University of Nottingham
"International
Factor Mobility and Indeterminacy"
Frederic Dufourt,
Université Louis Pasteur
Teresa Lloyd-Braga (*), Universidade Católica Portuguesa
Leonor Modesto, Universidade Católica Portuguesa
"Indeterminacy
and Costly Unemployment Fluctuations in a Finance Constrained Economy with
Unions"
Rodolphe Dos Santos
Ferreira, Université Lous Pasteur
Teresa Lloyd-Braga, Universidade Católica Portuguesa
"Business
Cycles with Free Entry Ruled by Animal Spirits"
Saturday, 12 June, 12.00 - 13.00: Lunch at Atlas Bar
Saturday, 12 June, 13.15 - 15.30: PARALLEL SESSION I, Room 214. Chair: Henrik Jensen
Malin Adolfson
(*), Sveriges Riksbank
Stefan Laséen, Sveriges Riksbank
Jesper Lindé, Sveriges Riksbank
Mattias Villani, Sveriges Riksbank
"Bayesian Estimation of an Open Economy DSGE Model with Incomplete Pass-Through"
Richard Dennis,
Federal Reserve Bank of San Francisco
"Specifying and Estimating New Keynesian Models with
Instrument Rules and Optimal Monetary Policies"
Peter Hördahl, European Central Bank
Oreste Tristani, European Central Bank
David Vestin (*), European Central Bank
"Macroeconomic Risks and the Term Structure of Interest Rates"
Saturday, 12 June, 13.15 - 15.30: PARALLEL SESSION II, Room 204. Chair: Hans Jørgen Whitta-Jacobsen
Costas Azariadis,
University of California, Los Angeles
Leo Kaas (*), University of Vienna
"Endogenous
Financial Development, Growth and Volatility"
Christian Groth (*),
University of Copenhagen
Jacob Brøchner Madsen, University of Copenhagen
"Medium-term
Fluctuations and the Great Ratios of Economic Growth"
Hans Gersbach
(*), University of Heidelberg
Jan Wenzelburger, University of Bielefeld
"Do
Risk Premia Protect from Banking Crises?"
Saturday, 12 June, 15.30 - 16.00: Coffee
Saturday, 12 June, 16.00 - 18.15: SESSION IV, Room 214. Chair: Henrik Jensen
Robert
Kollmann, University of Bonn
"Welfare Maximizing Operational Monetary and Fiscal Policy Rules"
Gianluca Benigno
(*), London School of Economics
Pierpaolo Benigno, New York University
"Designing
Targeting Rules for International Monetary Policy Cooperation"
Stephanie Schmitt-Grohé
(*),
Duke University
Martín Uribe, Duke University
"Optimal Simple and Implementable Monetary
and Fiscal Rules"
Saturday, 12 June, 20.00: Conference Dinner: Restaurant Lumskebugten, Esplanaden 21, 1263 Copenhagen K
Sunday, 13 June, 9.30 - 11.45: SESSION V, Room 214. Chair: Henrik Jensen
Luca Guerrireri, Federal Reserve Board
Dale W. Henderson
(*), Federal Reserve Board
Jinill Kim, Federal Reserve Board
"Productivity Growth, the Current
Account, and Relative Prices: Analysis and an Event Study"
Morten Ravn,
London Business School
Stephanie
Schmitt-Grohé, Duke University
Martín Uribe (*), Duke University
"Deep Habits"
Alex Cukierman
(*), Tel Aviv University
Francesco Lippi, Bank of Italy
"Endogenous
Monetary Policy with Unobserved Potential Output"
Sunday 13 June, 12.00 - 13.00: Lunch at Atlas Bar
Sunday, 13 June, 13.15 - 14.45: SESSION VI, Room 214. Chair: Hans Jørgen Whitta-Jacobsen
Kai Leitemo
(*),
Norwegian School of Management BI
Ulf Söderström, Bocconi University
"Robust
Monetary Policy in the New-Keynesian Framework"
Troy Davig (*),
The College of William and Mary
Eric Leeper, Indiana University
H. Chung, Indiana University
"Monetary and
Fiscal Policy Switching"
Sunday, 14.45 - 15.30: End of conference: Refreshments