Fourth Annual Vienna
 Macroeconomic Workshop on Current Topics in
Macroeconomic Theory and Policy

Program for 2007: Oct. 5 - 6 at the
Institute for Advanced Studies (IHS)
Vienna, Austria

Organized by

David Andolfatto (SFU)
Martin Gervais (Southampton)
Gabe Lee (Regensburg and IHS)
Last Update: September 25,  2007

 

The goal of this two-day workshop is to cover a wide range of current issues in macroeconomic theory and policy. The workshop will provide an ideal venue for those interested in presenting preliminary ideas and receiving comments from an eclectic group of researchers. We're aiming to have an open environment where new ideas could be freely exchanged.

For the information regarding the workshop logistics, please contact Ms. Beatrix Pawelczak at
Department of Economics and Finance
Institute for Advanced Studies (IHS)
Stumpergasse 56 1060 Vienna, Austria

Tel. +43-(0)1-59991-145 Fax. +43(0)1-59991-163 Email: pawelcza@ihs.ac.at

Accommodation:   Please inform Beatrix of your arrival and departure dates.  

How to get to the IHS/Intercity Hotel:

Info on the Web

  • Taxi: will costs you approximately €30 - €35.
  • Train: Take either the S7 or the City Airport Train (CAT), then get off at the "Wien/Mitte City" station. Then take the U3 subway to the Westbahnhof stop. From the Westbahnhof, walk 5 minutes in the direction of the "Mariahilferstrasse".
  • Bus: Take the bus that goes to the "Westbahnhof".
  • For the time schedule and other information, please see the link above.


For comments and suggestions, please send us an email: gabriel.lee@wiwi.uni-regensburg.de  or  dandolfa@sfu.ca  or  Martin.Gervais@soton.ac.uk   

Previous years' workshops are under:

First Annual Macro workshop 2004

Second Annual Macro workshop 2005

Third Annual Macro workshop 2006

 

Note: The papers will be updated as they come.

Thursday, October 4   

7:30 p.m.: Reception at the Plutzerbräu (Stiftgasse/Schrankgasse 4/4, 1070 Wien)

·         We have reserved some tables under "IHS/Lee"

·         Food/Snacks and Cash bar.

Friday, October 5                                                               *Presenter

9:00-9:50

 

Registration / Coffee

9:50-10:00

 

Opening Remarks by Bernhard Felderer/Walt Fisher (Director/Head of IHS/Economics, Vienna)

10:00-10:50

Paper 1
 “Elastic money, inflation and interest rate policy” by Allen Head* and Junfeng Qiu (Queen's)  

 

10:50-11:05

Discussant: Aleks Berentsen (Basel) + General Discussion

11:05-11:15

Coffee Break

11:15-12:05

Paper 2

 

“Home bias in goods and assets” by Harris Dellas* (Bern) , Fabrice Collard (Toulouse), Behzad Diba (Georgetown) Alan Stockman (Rochester)

 

12:05-12:20

Discussant:  Jim MacGee (UWO) + General Discussion

12:20-13:30

 

Lunch

13:30-14:20

 Paper 3

 ”Accounting for corruption: the effect of tax evasion and inflation on growth” by Michal Kejak* (CERGE) and Max Gillman (Cardiff)

 

 

14:20-14:35

Discussant: Chris Waller (Notre Dame) + General Discussion

14:35-14:45

Coffee Break

14:45-15:35

Paper 4
 “Sequential estimation of strutural models with fixed point constraint” by Hiro Kasahara* (UWO) and Katsumi Shimotsu (Queens)

 

15:35-15:50

Discussant: Alex Karaivanov (SFU)+ General Discussion

15:50-16:00

 

Coffee Break

16:00-16:50

Paper 5
“Oil price shocks: demand vs supply in a two country model” by Alessia Campolmi (CEU / Magyar Nemzeti Bank)

 

16:50-17:05

Discussant: Krisztina Molnar(Norwegian School of Economics)+ General Discusssion

17:05-17:15

Coffee Break

17:15-18:05

Paper 6
 “Wages, Rents, Quality of Life”  by Morris Davis* and Francois Ortalo-Magne (Wisconsin)

 

18:05-18:20 

Discussant: Andrea Finicelli (Bank of Italy) + General Discussion

 

 

 

 

 

 

 

 

 

 

 

 

 

19:30 -

Dinner at Oswald & Kalb (Bäckerstr. 14, 1010, Wien)

 

 

 

 

 

 

Saturday, October 6

10:00-10:30

 

Coffee

10:30-11:20

Paper 7
“The cyclical behavior of equity turnover in financial markets” by David Dejong*  (Pittsburgh) and Emilio Espino (de Tella)

 

11:20-11:35

Discussant: Michael Reiter (IHS) + General Discussion

 

11:35-11:45

Coffee Break

11:45-12:35

Paper 8
“Horizontal innovations with endogenous quality choice” by Gerhard Sorger (Vienna)

 

12:35-12:50

Discussant: Sevi Rodríguez Mora (Southampton) + General Discussion

12:50-14:00

Lunch

14:00-14:50

Paper 9
 “Tax Rates, Governance and Informal Economy in High-Income Countries” by Zoe Kuehn (Carlos III)

 

14:50-15:05

Discussant: Max Gillman (Cardiff) + General Discussion

15:05-15:15

Coffee Break

 

15:15-16:05

Paper 10
 “Sovereign default and banking” by Igor Livshits (UWO)

 

16:05-16:20

Discussant: Cyril Monnet (Philadelphia Fed) + General Discussion

16:20-16:30

Coffee Break

16:30-17:20

Paper 11
 “Trends in Fertility and the Intertemporal Elasticity of Substitution in
Dynastic Models” by Alice Schoonbroodt* (Southampton) and Larry Jones (Minnesota)

 

17:20-17:35

Discussant: Jeremy Lise (UCL) + General Discussion

17:35-17:45

Coffee Break

17:45-18:35

Paper 12
 “The fiscal role of conscription in the U.S. WWII effort” by Henry Siu (UBC)

 

18:35-18:50

Discussant: Gernot Doppelhofer (Norwegian School of Economics) + General Discussion

18:50

 

 

 

General Discussion + Wrap Up

 20:00

Dinner at Ella’s (Judenplazt 9-10, 1010 Wien, http://www.ellas.at)

 

Other Participants/Reserved Discussants:   David Andolfatto (SFU), Martin Gervais (Southampton), Gabe Lee (Regensburg/IHS),  Walter Fisher (IHS), Jamsheed Shorish (IHS),  Vally Koubi (Bern, ETHZ), Johann Scharler (Linz), Victor Dorofeenko (IHS), Phillip Schmidt-Dengler (LSE), Christian Bauer (Regensburg), Johannes Gruber (Regensburg), Klaus Ritzberger (IHS)