OFCE Workshop on Empirical Monetary Economics 2013

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  • The Work­shop on Empir­i­cal Mon­e­tary Eco­nom­ics 2013 will be held on Decem­ber 10, 2013 in Paris, France and is organ­ised by the Obser­va­toire français des con­jonc­tures économiques (OFCE) at the Paris Insti­tute of Polit­i­cal Sci­ence (Sci­ence­sPo).

    The pur­pose of this work­shop is to bring together macro­econ­o­mists to dis­cuss and pro­mote top­i­cal empir­i­cal research on mon­e­tary eco­nom­ics. Both the finan­cial cri­sis and the sov­er­eign debt cri­sis raised impor­tant issues for the effec­tive­ness of cur­rent mon­e­tary poli­cies and for the con­duct of future ones. They also call for a re‐examination of appro­pri­ate approaches for ana­lyz­ing these issues. Some par­tic­u­larly rel­e­vant top­ics are:

    • The trans­mis­sion chan­nels and macro­eco­nomic effects of both con­ven­tional and uncon­ven­tional mon­e­tary policies
    • Com­mu­ni­ca­tion strate­gies, the role of expec­ta­tions and «for­ward guidance»
    • Infla­tion processes and asset prices bubbles
    • Risks and exit strate­gies from uncon­ven­tional mon­e­tary poli­cies and their macro implications
    • Finan­cial sta­bil­ity and the con­duct of mon­e­tary policy

    This one‐day work­shop will fea­ture a lim­ited num­ber of selected pre­sen­ters, plus dis­cus­sants for each paper.

    The keynote speaker at the work­shop will be Refet Gürkay­nak (Bilkent Uni­ver­sity and CEPR).

    Pro­ceed­ings will be pub­lished in a spe­cial issue of the “Debates and Poli­cies” series of the Revue de l’OFCE.

    Sci­en­tific Committee

    • Philippe Andrade – Banque de France
    • Christophe Blot – OFCE ‐ Sci­ences Po
    • Paul Hubert – OFCE ‐ Sci­ences Po
    • Gré­gory Levieuge – Uni­ver­sity of Orléans
    • Urszula Szczer­bow­icz – CEPII

    Organisers

    • Christophe Blot – OFCE ‐ Sci­ences Po
    • Paul Hubert – OFCE ‐ Sci­ences Po
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