T2M2020 : Theories and Methods in Macroeconomics 2020 in Aix-en-Provence (France)

›9:15 (1h30)

D1 - Macroeconomic trade-offs in a monetary union
Linda Tesar

9:15 - 10:45 (1h30)

D1 - Macroeconomic trade-offs in a monetary union

Linda Tesar

› Fiscal Policy, Relative Prices and Net Exports in a Currency Union - Christian Proebsting, Ecole Polytechnique Federale de Lausanne (EPFL) 09:15-09:45 (30min)

› Optimal Macroprudential and Monetary Policy in a Currency Union - Dmitriy Sergeyev, Bocconi University [Milan, Italy] 09:45-10:15 (30min)

› Regional effects of exchange rate fluctuations - Linda Tesar, University of Michigan 10:15-10:45 (30min)

›9:15 (1h30)

D2 - Financial markets
Russell Cooper

9:15 - 10:45 (1h30)

D2 - Financial markets

Russell Cooper

› Disastrous defaults - Sarah Mouabbi, Banque de France 09:15-09:45 (30min)

› Granular Borrowers - Thibault Libert, Ecole d'Économie de Paris - Paris School of Economics, ACPR - Banque de France 09:45-10:15 (30min)

› Rationalizing Trading Frequency and Returns: Maybe Trading is Good for You - Russell cooper, European University Institute 10:15-10:45 (30min)

›9:15 (1h30)

D3 - Firms and heterogeneity
Francesco Pappada

9:15 - 10:45 (1h30)

D3 - Firms and heterogeneity

Francesco Pappada

› Aggregate Dynamics and Microeconomic Heterogeneity: The Role of Vintage Technology - Filippo Scoccianti, Banca d'Italia 09:15-09:45 (30min)

› Competition and Inequality - Rajssa Mechelli, University of Oxford [Oxford] 09:45-10:15 (30min)

› Exchange rate regime and firm dynamics - Francesco Pappada, Paris School of Economics 10:15-10:45 (30min)

›9:15 (1h30)

D4 - Fiscal policy and inequality
Daniel Murphy

9:15 - 10:45 (1h30)

D4 - Fiscal policy and inequality

Daniel Murphy

› Wealth Inequality, Homeownership and Optimality of Wealth Taxes - Borri Nicola, LUISS University 09:15-09:45 (30min)

› Budget Neutral Reduction in Capital Tax - Océane Piétri, Aix-Marseille University, CNRS, EHESS, Centrale Marseille, AMSE 09:45-10:15 (30min)

› Saving Constraints, Debt, and the Credit Market Response to Fiscal Stimulus: Theory and Cross-Country Evidence - Daniel Murphy, University of Virginia Darden School of Business 10:15-10:45 (30min)

›9:15 (1h30)

D5 - Monetary policy II
Antoine Lepetit

9:15 - 10:45 (1h30)

D5 - Monetary policy II

Antoine Lepetit

› Central Banks' Behavior in the Aftermath of the Great Recession - Aymeric Ortmans, Université Paris-Saclay (EPEE) 09:15-09:45 (30min)

› Pain of Paying in a Business Cycle Model - Baptiste Massenot, Toulouse Business School 09:45-10:15 (30min)

› Forward guidance with life-cycle motives - Antoine Lepetit, Board of Governors of the Federal Reserve 10:15-10:45 (30min)

›10:45 (30min)

Coffee break

10:45 - 11:15 (30min)

Coffee break

›11:15 (1h)

Oleg Itskhoki (Princeton University)
Granular comparative advantage

Keynote speaker #2

11:15 - 12:15 (1h)

Oleg Itskhoki (Princeton University)
Granular comparative advantage

Keynote speaker #2

https://t2m2020.sciencesconf.org/data/program/GranularCA_final_1.pdf

›12:15 (1h30)

Lunch

12:15 - 13:45 (1h30)

Lunch

›12:15 (1h30)

Poster session

12:15 - 13:45 (1h30)

Poster session

› Capital inertia and the timing of energy transition - Kevin Genna, Aix-Marseille Sciences Economiques 12:15-13:45 (1h30)

› Existence and Uniqueness of Recursive Equilibria with Aggregate and Idiosyncratic Risk - Elisabeth Pröhl, University of Amsterdam [Amsterdam], Tinbergen Institute 12:15-13:45 (1h30)

› Labour productivity and the wageless recovery - Antonio M. Conti, Bank of Italy 12:15-13:45 (1h30)

› Life Before Super Thursday: Disentangling the Information Effect - Marco Pinchetti, ECARES, Université Libre de Bruxelles and Andrzej Szczepaniak, Ghent University 12:15-13:45 (1h30)

› Market Sovereign Default and Haircuts: the Role of Expectations - Ibrahima Diarra, University of Paris-Saclay 12:15-13:45 (1h30)

› Public Health Investments and the Direction of Technological Progress: A Theory of Deskilling during the British Industrial Revolution - Tanguy Le Fur, Aix-Marseille School of Economics 12:15-13:45 (1h30)

› The role of labor market frictions on mortgage debt dynamics - Jérémy Rastouil, Gretha 12:15-13:45 (1h30)

› What are the Sources of Boom-Bust Cycles? - Vito Cormun, Boston College 12:15-13:45 (1h30)

›13:00 (45min)

DBnomics

13:00 - 13:45 (45min)

DBnomics

› DBnomics, the world's economic database - Thomas Brand, Centre pour la recherche économique et ses applications 13:00-13:45 (45min)

›13:45 (1h30)

E1 - Expectations and macroeconomics
Fabrice Collard

13:45 - 15:15 (1h30)

E1 - Expectations and macroeconomics

Fabrice Collard

› Learning from House Prices: Amplification and Business Fluctuations - Gaetano Gaballo, HEC Paris and CEPR 13:45-14:15 (30min)

› Perceived wealth and behavioral inattention - Tiziana Assenza, Toulouse School of Economics 14:15-14:45 (30min)

› Shocks and Frictions: A Finite Planning Horizon Approach - Julien Matheron, Banque de France 14:45-15:15 (30min)

›13:45 (1h30)

E2 - International macroeconomics
Isabelle Mejean

13:45 - 15:15 (1h30)

E2 - International macroeconomics

Isabelle Mejean

› International Trade and Innovation Dynamics with Endogenous Markups - Pau Roldan, Bank of Spain 13:45-14:15 (30min)

› Production Network and International Fiscal Spillovers - Karine Gente, GREQAM - AMSE 14:15-14:45 (30min)

› Foreign Shocks as Granular Fluctuations - Mejean Isabelle, CREST-Ecole Polytechnique 14:45-15:15 (30min)

›13:45 (1h30)

E3 - Labor market
Rahul Mukherjee

13:45 - 15:15 (1h30)

E3 - Labor market

Rahul Mukherjee

› Inter-generational conflict and the declining labor share - Fabien Petit, Aix-Marseille Sciences Economiques 13:45-14:15 (30min)

› Inefficiencies in Globalized Economies with Labor Market Frictions - Lise Patureau, University Paris-Dauphine, PSL Research University, LEDa 14:15-14:45 (30min)

› Trends in Aggregate Employment, Hours Worked per Worker, and the Long-Run Labor Wedge - Rahul Mukherjee, Graduate Institute of International and Development Studies 14:45-15:15 (30min)

›13:45 (1h30)

E4 - Monetary policy in open economy
Romanos Priftis

13:45 - 15:15 (1h30)

E4 - Monetary policy in open economy

Romanos Priftis

› International monetary policy spillovers: the role of commodity prices - Erica Perego, CEPII 13:45-14:15 (30min)

› Central Bank Information Effects and International Spillovers - Georg Strasser, European Central Bank 14:15-14:45 (30min)

› Optimal quantitative easing in a currency union - Romanos Priftis, Bank of Canada 14:45-15:15 (30min)

›13:45 (1h30)

E5 - Policy decisions
Stéphane Dupraz

13:45 - 15:15 (1h30)

E5 - Policy decisions

Stéphane Dupraz

› Do We Really Know that U.S. Monetary Policy was Destabilizing in the 1970s? - Mark Weder, Aarhus University 13:45-14:15 (30min)

› Potential Output Pessimism and Austerity in the European Union - Pei Kuang, University of Birmingham 14:15-14:45 (30min)

› A Pitfall of Cautiousness in Monetary Policy - Stéphane Dupraz, Banque de France 14:45-15:15 (30min)

›15:15 (30min)

Coffee break

15:15 - 15:45 (30min)

Coffee break

›15:45 (1h30)

F1 - Recent developments on business cycles
Alain Venditti

15:45 - 17:15 (1h30)

F1 - Recent developments on business cycles

Alain Venditti

› Are the liquidity and collateral roles of asset bubbles different? - Xavier Raurich, University of Barcelona 15:45-16:15 (30min)

› A simple theory of deflation - Takashi Kamihigashi, Research Institute for Economics and Business Administration, Kobe University 16:15-16:45 (30min)

› Optimal growth, bequests and competitive equilibrium cycles in two-sector OLG models - Alain Venditti, AMSE, CNRS-AMU, EDHEC Business School 16:45-17:15 (30min)

›15:45 (1h30)

F2 - Fiscal policy in open economy
Matteo Cacciatore

15:45 - 17:15 (1h30)

F2 - Fiscal policy in open economy

Matteo Cacciatore

› Fiscal Austerity in Emerging Market Economies - Suchismita Tarafdar, Suchismita Tarafdar 15:45-16:15 (30min)

› Fiscal and Currency Unions with Default and Exit - Chima Simpson-Bell, European University Insitute 16:15-16:45 (30min)

› Trade Flows and Fiscal Multipliers - Matteo Cacciatore, HEC Montréal 16:45-17:15 (30min)

›15:45 (1h30)

F3 - Monetary policy and financial frictions
Marien Ferdinandusse

15:45 - 17:15 (1h30)

F3 - Monetary policy and financial frictions

Marien Ferdinandusse

› The Bond Lending Channel of Monetary Policy - Alexander Rodnyansky, University of Cambridge 15:45-16:15 (30min)

› Monetary policy transmission in France under different types of expectations - Matthieu Lemoine, Banque de France 16:15-16:45 (30min)

› Quantitative easing and the price-liquidity trade-off - Marien Ferdinandusse, European Central Bank 16:45-17:15 (30min)

›15:45 (1h30)

F4 - Open economy
Luca Dedola

15:45 - 17:15 (1h30)

F4 - Open economy

Luca Dedola

› Sectoral Reallocations, Real Estate Shocks,and Productivity Divergence in Europe - Jérôme Héricourt, LEM CNRS UMR 9221, CEPII 15:45-16:15 (30min)

› Exchange rate volatility and cooperation in an incomplete markets' economy - Sara Eugeni, Durham University, Durham University Business School, Department of Economics and Finance 16:15-16:45 (30min)

› The Missing Internal Devaluation: Regional Adjustment in the US Great Recession - Luca Dedola, European Central Bank 16:45-17:15 (30min)

›15:45 (1h30)

F5 - Uncertainty and the labor market
Pontus Rendahl

15:45 - 17:15 (1h30)

F5 - Uncertainty and the labor market

Pontus Rendahl

› Consumption Dynamics under Time-Varying Unemployment Risk - Harmenberg Karl, Copenhagen Business School [Copenhagen] 15:45-16:15 (30min)

› Macro Uncertainty and Unemployment Risk - Joonseok Oh, Freie Universität Berlin 16:15-16:45 (30min)

› Unexpected Effects: Uncertainty, Unemployment, and Inflation - Pontus Rendahl, University of Cambridge 16:45-17:15 (30min)