Strasbourg, Friday, October 16th, 2015 Final Program

Strasbourg, Friday, October 16th, 2015 Final Program

Macroeconomics Workshop
“The Euro Crisis: Where Do We Stand?”
Strasbourg, Friday, October 16th, 2015
Final Program
8:30 - 9:00
Registration and welcome coffee (Jardin Intérieur - first floor)
9:00 - 9:15
Opening speech
9:15 - 10:15
Plenary session I
Ansgar BELKE, IBES, University of Duisburg-Essen
The Specter of a Grexit
(Room: Amphithéatre - Ground floor)
10:15 - 10:45
Coffee break (Jardin Intérieur - First floor)
10:45 - 13:00
Parallel Sessions I
Session I.1: Exit Strategies and Support to Growth (Room: Amphithéatre - Ground floor)
Chairman: Jamel SAADAOUI
• Catherine MATHIEU∗ and Henri STERDYNIAK, OFCE, “How to Manage the Euro Area?” Discussant: Hanno DIHLE.
• Giovanni DOSI, Mauro NAPOLETANO∗ , Andrea ROVENTINI and Tania TREIBICH, University
of Maastricht, “The Short- and Long-Run Damages of Fiscal Austerity: Keynes beyond Schumpeter.” Discussant: Henri STERDYNIAK.
• Hanno DIHLE∗ , Stefanie FLOTHO and Rafael MENTGES, University of Freiburg, “Economic
Policy Uncertainty and Investment in the Euro Crisis.” Discussant: Mauro NAPOLETANO.
• Oxana BABECKÁ KURCHARC̆UKOVÁ, Peter CLAEYS and Bořek VAŠIC̆EK∗ , Czech National
Bank and European Commission, “Spillover of the ECB’s Monetary Policy Outside the Euro
Area: How Different is Conventional From Unconventional Policy?” Discussant: Catherine
MATHIEU.
Location: Collège Doctoral Européen, 46 boulevard de la Victoire, 67000, Strasbourg, France.
Session I.2: European Policy-Mix (Room: Auditorium - Ground floor)
Chairman: Athanasios P. PAPADOPOULOS
• António AFONSO∗ and Luís MARTINS, University of Lisbon, “Monetary Developments and
Expansionary Fiscal Consolidations.” Discussant: Jean-Bernard CHATELAIN.
• Jean-Bernard CHATELAIN∗ and Kirsten RALF, Paris School of Economics, “Determinacy and
Identification with Optimal Policy.” Discussant: Moïse SIDIROPOULOS.
• Nicolas MAZUY∗ and Moïse SIDIROPOULOS, University of Strasbourg, “Heterogeneous Effect
on Single Monetary Policy in Eurozone Countries: an Empirical Evidence to Justify Fiscal Transfers?” Discussant: António AFONSO.
• Vivien DJIAMBOU, UCL, “Impact of Government Debt During Financial Market Stress on the
Rise of Bond Spreads : An Empirical Evidence Based on Dynamic Panel Threshold Regressions.”
Discussant: Nicolas MAZUY.
Session I.3: Labor Markets in Crisis (Room: Salle de Séminaire - First floor)
Chairman: Francesco DE PALMA
• Florence HUART∗ and Médédé TCHAKPALLA, University of Lille 1, “Labour mobility in the
Euro area during the great recession”. Discussants: Thierry BETTI.
• Thomas COUDERT, University of Strasbourg, “Inflation Persistence and Bargain Firing Cost.”
Discussant: Julia BACHTRÖGLER.
• Thierry BETTI, University of Strasbourg, “Assessing the Effect of Public Expenditure Shocks on
the Labor Market in the Euro Area.” Discussant: Florence HUART.
• Julia BACHTRÖGLER, Vienna University of Economics and Business, “Regional Heterogeneity in Labour Markets, Institutional Quality and Sectoral Structures, and the Absorption of EU
Structural Funds.” Discussant: Thomas COUDERT.
Location: Collège Doctoral Européen, 46 boulevard de la Victoire, 67000, Strasbourg, France.
13:00 - 14:45
Lunch break (Jardin Intérieur - First floor)
14:45 - 17:00
Parallel Sessions II
Session II.1: External Imbalances (Room: Amphithéatre - Ground floor)
Chairman: Thomas COUDERT
• Alessandro BARATTIERI, Collegio Carlo Alberto and ESG UQAM, “Asymmetric Trade Liberalizations and Current Account Dynamics.” Discussant: Robert UNGER.
• Robert UNGER, Deutsche Bundesbank, “Asymmetric Credit Growth and Current Account Imbalances in the Euro Area.” Discussant: Mariarosaria COMUNALE.
• Mariarosaria COMUNALE, Bank of Lithuania, “Euro-Dollar Polarization and Heterogeneity in
Exchange Rate Pass-Through Within the Euro Zone.” Discussant: Jamel SAADAOUI.
• Vincent DUWICQUET, Jacques MAZIER and Jamel SAADAOUI∗ , University of Strasbourg, “Interest Rates, Eurobonds and Intra-European Exchange Rate Misalignments: the Challenge of
Sustainable Adjustments in the Eurozone.” Discussant: Alessandro BARATTIERI.
Session II.2: Fiscal Policy, Public Finance Sustainability (Room: Auditorium - Ground floor)
Chairman: Thierry BETTI
• Werner ROEGER, Lukas VOGEL∗ , European Commission, “Do Fiscal Transfers Strengthen Risk
Sharing in Monetary Union? a Model-Based Analysis.” Discussant: Christos MAVRODIMITRAKIS.
• Etienne FARVAQUE and Florence HUART∗ , University of Lille 1, “Unemployment Insurance
System Design for the Euro Area: Where Do We Stand?” Discussant: Lukas VOGEL.
• Christos MAVRODIMITRAKIS, University of Athens, “Country-Specific Debt Stabilization and
the Common Monetary Policy in a Monetary Union: a Strategic Analysis.” Discussant: Paolo
D’IMPERIO.
• Paolo D’IMPERIO, Sapienza University of Rome, “Risk Sharing towards the European Fiscal
Union.” Discussant: Thierry BETTI.
Location: Collège Doctoral Européen, 46 boulevard de la Victoire, 67000, Strasbourg, France.
Session II.3: Monetary Policy and Financial Integration (Room: Salle de Séminaire - First floor)
Chairman: Moïse SIDIROPOULOS
• Ralf FENDEL and Christina STROBACH∗ , De Nederlandsche Bank, “Regional Information
and Euro Area Monetary Policy: a Generalized Ordered Choice Approach.” Discussant: Olena
OGROKHINA.
• Olena OGROKHINA∗ , María José LUENGO-PRADO and Bent E. SØRENSEN, Lafayette College,
“Price Adjustment During the Great Recession Inside and Outside the Eurozone.” Discussant:
Christina STROBACH.
• Matteo BONDESAN, University of Turin, “The Bank Lending Channel in Monetary Transmission in the Euro Area: Evidence from Bayesian VAR Analysis.” Discussant: Marine ANDRÉ.
• Marine ANDRÉ∗ and Meixing DAI, University of Strasbourg, “Central Bank Accountability Under Adaptive Learning.” Discussant: Matteo BONDESAN.
17:00 - 17:30
Coffee break (Jardin Intérieur - First floor)
17:30 - 18:30
Plenary session III
Gunther SCHNABL, IEP, University of Leipzig
The New Normal in the European Monetary Policy
(Room: Amphithéatre - Ground floor)
18:30 - 18:45
Closing remarks and information about special issue
20:00 - 22:00
Conference dinner (Bateaux de l’Ill)
Location: Collège Doctoral Européen, 46 boulevard de la Victoire, 67000, Strasbourg, France.
Conference Map
Location: Collège Doctoral Européen, 46 boulevard de la Victoire, 67000, Strasbourg, France.
Participant list
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
Ansgar BELKE
Géraldine DEL FABBRO
Jane LOEGEL
Virginie GOTHIE
Catherine MATHIEU
Henri STERDYNIAK
Mauro NAPOLETANO
Hanno DIHLE
Peter CLAEYS
Borek VASICEK
Antonio AFONSO
Jean-Bernard CHATELAIN
Nicolas MAZUY
Moïse SIDIROPOULOS
Vivien DJIAMBOU
Florence HUART
Thomas COUDERT
Thierry BETTI
Julia BACHTROGLER
Alessandro BARATTIERI
Robert UNGER
Mariarosaria COMUNALE
Jacques MAZIER
Vincent DUWICQUET
Jamel SAADAOUI
Lukas VOGEL
Christos MAVRODIMITRAKIS
Paolo D’IMPERIO
Christina STROBACH
Olena OGROKHINA
Matteo BONDESAN
Marine ANDRE
Gunther SCHNABL
Giuseppe DIANA
Francesco DE PALMA
Amélie BARBIER-GAUCHARD
Athanasios P. PAPADOPOULOS
Rafael MENTGES
University of Duisburg-Essen
University of Strasbourg
University of Strasbourg
University of Strasbourg
OFCE
OFCE
OFCE
University of Freiburg
Vrije Universiteit Brussel
Czech National Bank and European Commission
University of Lisbon
Paris School of Economics
University of Strasbourg
University of Strasbourg
UCL
University of Lille 1
University of Strasbourg
University of Strasbourg
Vienna University of Economics and Business
College Carlo Alberto and ESG UQAM
Deutsche Bundesbank
Bank of Lithuania
University of Paris North
University of Lille 1
University of Strasbourg
European Commission
University of Athens
Sapienza University of Rome
De Nederlandsche Bank
Lafayette College
University of Turin
University of Strasbourg
University of Leipzig
University of Strasbourg
University of Strasbourg
University of Strasbourg
University of Crete
University of Freiburg
Location: Collège Doctoral Européen, 46 boulevard de la Victoire, 67000, Strasbourg, France.