Have Blog, Will Travel

I am here today and tomorrow:

Applications of Behavioural Economics, and Multiple Equilibrium Models to Macroeconomic Policy
Conference 3-4 July 2017 at the Bank of England

Monday 03 July

09:00 - 09:35 Introduction and Welcome
Victoria Saporta, Executive Director, Bank of England

09:35 - 10:30: Keynote Address: Do Low Interest Rates Punish Savers’?
James Bullard, President, FRB of St. Louis

10:30 - 11:25 Endogenous Regime Shifts in a New Keynesian Model with a Time varying Natural Rate of Interest
Kevin Lansing, FRB of San Francisco
Discussant: Giovanni Ricco, University of Warwick

11:25 - 11:55 Tea Break

11:55 - 12:50 Animal spirits in a monetary model
Konstantin Platonov, University of California Los Angeles
Discussant: Stephanie Schmitt-Grohé, Columbia University

12:50 - 14:00 Lunch

14:00 - 14:55 A Behavioral New Keynesian Model
Xavier Gabaix, Harvard University
Discussant: Martin Ellison, University of Oxford

14:55 - 15:50 Informative social interactions
Hector Calvo, Pardo University of Southampton
Discussant: Nora Wegner, Bank of England

15:50 - 16:20 Tea Break

16:20 - 17:15 History Dependence in UK Housing Market
Philippe Bracke, Bank of England
Discussant: Alan Taylor, University of California

17:15 - 18:10 Macroprudential policy in an agent based model of the UK housing market
Arzu Uluc, Bank of England
Discussant: Paolo Gelain, Norges Bank

18:30 Networking Reception

19:30 Dinner (By Invitation Only)
Speaker: Andy Haldane, Chief Economist, Bank of England

Tuesday 04 July

09:30 - 10:25 U.S. Monetary Policy in the Post-war Period
Giovanni Nicoló, University of California Los Angeles
Discussant: Ana Galvao, University of Warwick

10:25 - 11:20 The Inverted Leading Indicator Property and Redistribution Effect of the Interest Rate, Patrick Pintus, University of Aix-Marseile  and Banque de France
Discussant: Kaushik Mitra, University of Birmingham

11:20 - 11:50 Tea Break

11:50 - 12:45 Systemic Bank Panics in Financial Networks
Zhen Zhou, Tsinghua University
Discussant: Sujit Kapadia, Bank of England

12:45 - 13:45 Lunch

13:45 - 14:40 Divergent Risk Attitudes and Endogenous Collateral Constraints
Ester Faia, University of Frankfurt
Discussant: Daisuke Ikeda, Bank of England

14:40 - 15:35 Expectations, Stagnation and Fiscal Policy
George Evans, University of Oregon
Discussant: Thomas Hintermaier, University of Bonn

15:35 - 16:05 Tea Break

16:05 - 17:00 Inflation targets and the zero lower bound in a behavioural macroeconomic model
Paul De Grauwe, London School of Economics
Discussant: Laura Povoledo, University of the West of England

17:00 - 17:05 Introduction
Roger Farmer, University of Warwick and Research Director: NIESR

17:05 - 18:00 Keynote Address: Forward Guidance when Planning Horizons are Finite
Michael Woodford, Columbia University

18:00 Conference Closes