Ever since the outbreak of the great financial crisis, economists have to face the question why our profession failed to foresee the crisis. Thus, our understanding of business cycles and our forecasting techniques have been subject to intense scrutiny, not only from outside the profession but mainly from inside. The consensus that emerged during the so called Great Moderation, that is now considered a brewing storm rather than a phase of prosperity, has crumbled.
At the same time, with a potential structural break only a few years back, new challenges arose for the analysis and prediction of business cycle fluctuation. Therefore, it is more important than ever to work on the empirical understanding of the business cycle and to improve our toolbox for forecasting, in particualr forecasting in time of crisis and forecasting crisis.
On March 18 – 19, 2016 the School of Economics of Henan University (HenU) and the International Network for Economic Research (INFER) will devote their Second Joint Workshop on Applied Macroeconomics to those and related issues. All submissions on applied macroeconomics will be considered, but submissions on those issues are especially encouraged.
- Kenneth D. West — John D. MacArthur and Ragnar Frisch Professor of Economics, Department of Economics, University of Wisconsin — Madison
- Barbara Rossi — Department of Business and Economics, Universitat Pompeu Fabra
Selected, excellent papers will be published in a special issue of Economic Modelling. All presenters who wish their papers to be considered, should indicate so on their submission. Those papers will be subject to additional double blinded peer review.
- Makram EL-SHAGI (HenU /IWH)
- ZHANG Lin (HenU)
- Ted CHIANG (HenU)
- DONG Baomin (HenU)
- Jarko FIDRMUC (Zeppelin University)
- Jack HOU (CSULB /HenU)
- JIANG Lunan (HenU)
- Frank SHAO (HenU)
- WANG Qianqian (HenU)
Travel and accomodation
Lunch and dinner are provided for all participants of accepted papers by Henan University. Rooms are available at the conference venue for a special conference rate of roughly 420 RMB (about 70 USD or 60 EUR). Pickup service will be provided free of charge from Zhengzhou Airport and the major train stations in Zhengzhou.