Printable version of the programme (May 21 version)
12th EABCN Workshop International Business Cycle – Linkages, Differences and Implications Hosted by Magyar Nemzeti Bank Sponsored by Euro Area Business Cycle Network (www.eabcn.org) Budapest; 28-29 June 2010Programme | ||
Monday 28 June | ||
08.30 - 08.45 | Registration and Coffee | |
08.45-09.00 | Introductory remarks | |
Session 1: | ||
09.00-09.45 | Financial Innovation, the Discovery of Risk, and the 2008 Credit Crisis Emine Boz (IMF) *Enrique Mendoza (University of Maryland) | |
Discussant: | Andrew Scott (London Business School and CEPR) | |
09.45-10.30 | The Effects of Foreign Shocks when Interest Rates are at Zero
*Martin Bodenstein (Federal reserve Board) Christopher J. Erceg (Federal Reserve Board) Luca Guerrieri (Federal Reserve Board) | |
Discussant: | Frank Smets (ECB and CEPR) | |
10.30-11.00 | Coffee Break | |
| Session 2: | ||
11.00-11.40 | Cross Country Causes and Consequences of the 2008 Crisis: Early Warnings *Mark Spiegel (Federal Reserve San Francisco) Andrew Rose (U.C. Berkeley) | |
Discussant: | Domenico Giannone (Université Libre de Bruxelles) | |
11.40-12.20 | The Impact of the Global Financial Crisis on Business Cycles in Asian Emerging Economies *Iikka Korhonen (Bank of Finland) Jarko Fidrmuc (Oesterreichische Nationalbank) | |
Discussant: | Nicolas Coeurdacier (London Business School) | |
12.20-13.00 | International Business Cycle Spillovers *Kamil Yilmaz (Koc University) | |
Discussant: | Julia Giese (Bank of England) | |
13.00 - 14.30 | Lunch | |
| Session 3: | ||
14.30-15.10 | Technology Shocks: Novel Implications for International Business Cycles *Andrea Raffo (Federal Reserve Board) | |
Discussant: | Romain Ranciere (IMF and CEPR) | |
15.10-15.50 | Openness to Trade and Supply-Chain Diversification *Francesco Caselli (London School of Economics and CEPR) | |
Discussant: | Galo Nuno (Banco de Espana and Universidad de Comillas) | |
15.50-16.20 | Coffee Break | |
| Session 4: | ||
16.20-17.00 | Business cycles in the Mediterranean basin: similarities, convergence, spillovers *Fabio Canova (UPF and CEPR) | |
Discussant: | Livio Stracca (ECB) | |
17.00-17.40 | Business Cycles Around the Globe: A Regime Switching Approach *Sumrug Altug (Koç University and CEPR) Melike Bildirici (Yildiz Technical University) | |
Discussant: | Katrin Assenmacher-Wesche (Swiss National Bank) | |
19.30 | Conference Dinner | |
Tuesday 29 June | ||
| Session 5: | ||
09.00-09.45 | The International Gravity of National Business Cycles *Mario Crucini (Vanderbilt University and NBER) | |
Discussant: | Simon Price (Bank of England) | |
09.45-10.30 | Deconstructing the International Business Cycle *Tamim Bayoumi (IMF) Trng Bui (IMF) Sam Ouliaris (IMF) | |
Discussant: | Sandra Eickmeier (Deutsche Bundesbank) | |
10.30-11.00 | Coffee break | |
| Session 6: | ||
11.00-11.40 | When, Where and How Does Government Spending Matter? *Giancarlo Corsetti (EUI, University of Rome III and CEPR) Andre Meier (IMF) Gernot J. Müller (University of Bonn and CEPR) | |
Discussant: | Andrew Mountford (Royal Holloway College) | |
11.40-12.20 | Banks and International Business Cycles *Robert Kollman (ECARES, Université Libre de Bruxelles and CEPR) Werner Roeger (European Commission) | |
Discussant: | Zeno Enders (University of Bonn) | |
12.20-13.00 | Financial frictions, financial integration and the international propagation of shocks Luca Dedola (ECB and CEPR) *Giovanni Lombardo (ECB) | |
Discussant: | Sylvia Kaufmann (Öesterreichische Nationalbank) | |
13.00-14.00 | Lunch | |
| Session 7: | ||
14.00-14.45 | Business Cycles around the Globe *Peter Benczúr (Central European University and Magyar Nemzeti Bank) | |
Discussant: | Deborah Gefang (Lancaster University) | |
14.45-15.30 | Medium Term Business Cycles in Developing Countries *Diego Comin (Harvard Business School) Norman Loayza (World Bank) Faroqq Pasha (Boston College) Luis Serven (World Bank) | |
Discussant: | Akos Valentinyi (Magyar Nemzeti Bank and CEPR) | |
15.30 | End of Conference | |
* Indicates the presenter. Speakers have 20 minutes for their presentation, leaving 10 minutes for the designated discussants and 10 minutes for general discussion. | ||
Organizers: Andrew Scott (London Business School and CEPR) Akos Valentinyi (Magyar Nemzeti Bank and CEPR) | ||