Conference Programme [pdf file downloadable]

March 30

9.15am

Welcoming remarks by Bank of Greece Deputy Governor Helen Louri‐Dendrinou  

9.30am

Sylvester Eijffinger: Can the Fed talk the hind legs off the stock market? (and presentation)

10.20

Sumru Altug: Institutions and business cycles

11.10

coffee

11.40

Mike Wickens: A DSGE model of banks and financial intermediation with default risk

12.30pm

Lunch

1.40

Arnab Bhattarcharjee: The transition into financial crisis: Fundamentals, path dependence or institutions? (powerpoint slides)

2.30

Mike Beenstock: Correlation and Contagion in Empirical Factor Models of Bank Credit Risk

3.20

Tea

3.40

Clemens Kool and Daniel Thornton: How Effective is Central Bank Forward Guidance?

4.30

Matthew Canzoneri: Monetary Policy and the Natural Rate of Interest

5.20

Michael Arghyrou: The determinants of sovereign bond yield spreads in the EMU

6.10

Panel on sovereign debt crisis: Dale Henderson, Manfred Neumann, Akos Valentinyi, Paul de Grauwe

Dinner

March 31

8.45 am

Parantap Basu: Should there be a new Glass-Steagall?

9.35

Paul Levine: Fiscal Stimuli and Consolidations

10.25

Coffee

10.45

Maria Albani, Zacharias Bragoudakis, Georgina Pavlou and Dimitris Sideris: The New Quarterly Model of the Greek Economy: the Components of Aggregate Demand

Eleni Angelopoulou, Hiona Balfoussia and Heather Gibson: Building a Financial Conditions Index for the Euro Area and Selected Euro Area Countries: What Does it Tell us about the Crisis?

12.10pm

Mai Le, David Meenagh and Patrick Minford: What causes banking crises? An empirical investigation

1.00

Lunch

2.00

Paul de Grauwe: Mispricing of Sovereign Risk and Multiple Equilibria in the Eurozone

2.50

Casper de Vries: Random Wage Indexation and the New Classical Phillips Curve

3.40

End of Proceedings

Rules of Engagement:

The time allocated for each session includes author's presentation and discussion with participants (there will be no formal discussants) so it is really up to the author to maximise. For guidance authors might think in terms of taking half the time for exposition and the rest in discussion and response. Some may prefer to leave the discussion until they have finished presenting; others (the more normal case) may prefer to have the discussion as they go along.

For the panel panellists should please keep opening remarks brief, to five minutes; then use their right of response to amplify their thoughts as needed.