SCE - Computing in Economics and Finance, 25th Conference

Ottawa, Canada

 

Program Notes and Index of Sessions

 

Summary of All Sessions

Click here for an index of all participants

Date/TimeLocationTitlePapers
June 28, 2019
10:40-12:20
1200 A1: Heterogeneous Agents in Macro4
June 28, 2019
10:40-12:20
3202 A2: Wage Inequality and Tax3
June 28, 2019
10:40-12:20
3110 A3: Labor Markets I4
June 28, 2019
10:40-12:20
3112 A4: Sovereign Debt4
June 28, 2019
10:40-12:20
3220 A5: Inflation Dynamics3
June 28, 2019
10:40-12:20
3224 A6: Monetary and Macro-prudential Policies4
June 28, 2019
10:40-12:20
1201 A7: Time Series Econometrics4
June 28, 2019
10:40-12:20
3201 A8: Agent Based Models4
June 28, 2019
10:40-12:20
3228 A9: Boundaries and Stability in Monetary Policy4
June 28, 2019
13:50-15:30
3202 B1: Financial Market Experiments4
June 28, 2019
13:50-15:30
3110 B2: Empirical Macro4
June 28, 2019
13:50-15:30
3112 B3: Solution Methods4
June 28, 2019
13:50-15:30
3220 B4: Micro Data and Aggregate Implications4
June 28, 2019
13:50-15:30
3224 B5: Business Cycles I3
June 28, 2019
13:50-15:30
3228 B6: Financial Frictions I4
June 28, 2019
13:50-15:30
1200 B7: Heterogeneity in New Keynesian Macro-models4
June 28, 2019
13:50-15:30
1201 B8: Expectations, Pricing and Monetary Policy4
June 28, 2019
13:50-15:30
3201 B9: Economic Policy in Heterogeneous Agents Models4
June 29, 2019
9:00-10:40
3201 C1: Wealth Inequality4
June 29, 2019
9:00-10:40
3202 C2: Financial Markets4
June 29, 2019
9:00-10:40
3110 C3: Business Cycles II4
June 29, 2019
9:00-10:40
3112 C4: Capital Flows, Exchange Rates and Crises4
June 29, 2019
9:00-10:40
3220 C5: Inequality and Policy3
June 29, 2019
9:00-10:40
1200 C6: Monetary Policy I4
June 29, 2019
9:00-10:40
1201 C7: Fiscal Policy I4
June 29, 2019
9:00-10:40
3224 C8: Business Cycles and Heterogeneous Agents3
June 29, 2019
9:00-10:40
3228 C9: Life Cycle Models4
June 29, 2019
11:10-12:50
1200 D10: Financial Markets and Forecasting4
June 29, 2019
11:10-12:50
2200 D1: Behavioral & Experimental Macroeconomics: the way forward3
June 29, 2019
11:10-12:50
1201 D2: Energy and Environmental Economics4
June 29, 2019
11:10-12:50
3201 D3: Asset Pricing4
June 29, 2019
11:10-12:50
3202 D4: Credit and Macro4
June 29, 2019
11:10-12:50
3110 D5: Monetary Policy II4
June 29, 2019
11:10-12:50
3112 D6: Fiscal Policy II4
June 29, 2019
11:10-12:50
3220 D7: Labor Market Dynamics: Heterogeneity and Macroeconomic Outcomes4
June 29, 2019
11:10-12:50
3224 D8: Consumption and Labor Responses3
June 29, 2019
11:10-12:50
3228 D9: Yield Curve and Credit Dynamics4
June 29, 2019
14:20-16:00
3202 E1: Experimental Finance4
June 29, 2019
14:20-16:00
1200 E2: Nonlinear Estimation4
June 29, 2019
14:20-16:00
3110 E3: Trends and Cycles4
June 29, 2019
14:20-16:00
3112 E4: Macroeconomics3
June 29, 2019
14:20-16:00
1201 E5: Economic Projections4
June 29, 2019
14:20-16:00
3220 E6: Macroeconomics at the Zero Lower Bound4
June 29, 2019
14:20-16:00
3224 E7: Capital Movements and the Financial System4
June 29, 2019
14:20-16:00
3201 E8: Quantitative Analysis of DSGE Models4
June 29, 2019
14:20-16:00
3228 E9: Monetary Policy, Inflation and Financial Frictions4
June 30, 2019
9:00-10:40
1201 F1: Heterogeneous Agents Models in Finance4
June 30, 2019
9:00-10:40
3201 F2: Behavior Heterogeneity4
June 30, 2019
9:00-10:40
3202 F3: Business Cycle Analysis4
June 30, 2019
9:00-10:40
3110 F4: Financial Frictions II4
June 30, 2019
9:00-10:40
3112 F5: Cryptocurrencies and Money4
June 30, 2019
9:00-10:40
3220 F6: Labor Markets II4
June 30, 2019
9:00-10:40
3224 F7: Market Microstructure4
June 30, 2019
9:00-10:40
1200 F8: Migration and International Capital Flows4
June 30, 2019
9:00-10:40
3228 F9: International Macroeconomics4
June 30, 2019
11:10-12:50
3110 G10: Bounded Rationality4
June 30, 2019
11:10-12:50
3201 G1: Heterogeneous Expectations in Macro4
June 30, 2019
11:10-12:50
1200 G2: Business Cycles III4
June 30, 2019
11:10-12:50
1201 G3: Open Economy Macroeconomics4
June 30, 2019
11:10-12:50
3202 G4: Empirical Finance4
June 30, 2019
11:10-12:50
2211 G5: Macroeconomic Theory4
June 30, 2019
11:10-12:50
3112 G6: Agent-based Modelling4
June 30, 2019
11:10-12:50
3220 G7: Banking and Macro4
June 30, 2019
11:10-12:50
3224 G8: International Finance4
June 30, 2019
11:10-12:50
3228 G9: Macro Policies4
June 30, 2019
13:30-15:10
3202 H1: Adaptive Learning in Macro4
June 30, 2019
13:30-15:10
1200 H2: Applied Macro4
June 30, 2019
13:30-15:10
3110 H3: Liquidity Traps and Unconventional Monetary Policy4
June 30, 2019
13:30-15:10
1201 H4: Consumption and Wealth4
June 30, 2019
13:30-15:10
3112 H5: Advances in Prediction and Structural Analysis with VAR Models4
June 30, 2019
13:30-15:10
3220 H6: Monetary Policy - Empirical4
June 30, 2019
13:30-15:10
3201 H7: Solution and Estimation Methods with Heterogeneous Agents4
June 30, 2019
13:30-15:10
3224 H8: International Trade and Macro4
June 30, 2019
13:30-15:10
3228 H9: Structural Changes4
 

74 sessions, 288 papers, and 0 presentations with no associated papers


 

SCE - Computing in Economics and Finance, 25th Conference

Detailed List of Sessions

 
Session: A1: Heterogeneous Agents in Macro
June 28, 2019 10:40 to 12:20
1200
 
Session Chair: Ashantha Ranasinghe, University of Alberta
 

Applying the Explicit Aggregation Algorithm to Heterogeneous Macro Models
   presented by: Takeki Sunakawa, Kobe University
 

Capital in a Segregated Economy
   presented by: James Feigenbaum, Utah State University
 

The Role of Firm Heterogeneity in Earnings Inequality
   presented by: Soyoung Lee, Ohio State University
 

Misallocation across Entrepreneur Gender and Productivity
   presented by: Ashantha Ranasinghe, University of Alberta
 
Session: A2: Wage Inequality and Tax
June 28, 2019 10:40 to 12:20
3202
 
Session Chair: Yi-Chan Tsai, National Taiwan University
 

Rising skill premium and dynamics of optimal taxation
   presented by: Yi-Chan Tsai, National Taiwan University
 

Higher Education Policy, Graduate Taxes and Wealth Distribution
   presented by: Sebastian Guarda, Central Bank of Chile
 

The Worldwide Network of Tax Evasion
   presented by: Fernando Garcia Alvarado, Ca' Foscari University of Venice
 
Session: A3: Labor Markets I
June 28, 2019 10:40 to 12:20
3110
 
Session Chair: Uros Herman, GSEFM, Goethe University Frankfurt
 

Paying the Price: Accounting for Cross-country Health Status and Expenditures
   presented by: Francois Langot, GAINS
 

Nobody Wins: Protectionism and (Un)employment In a Model-Based Analysis
   presented by: Matija Lozej, Central Bank of Ireland
 

Entry, markup and unemployment in an estimated DSGE model
   presented by: jérémy rastouil, GRETHA
 

Who Gets Jobs Matters: Monetary Policy and the Labour Market
   presented by: Uros Herman, GSEFM, Goethe University Frankfurt
 
Session: A4: Sovereign Debt
June 28, 2019 10:40 to 12:20
3112
 
Session Chair: Alok Johri, McMaster University
 

Sovereign Risk, Exchange Rate Volatility, and Economic Activity
   presented by: Nils Mattis Gornemann, International Finance Board of Governors
 

Interest Rate Uncertainty and Sovereign Default Risk
   presented by: Shahed Khan, York University
 

Preferential Treatment in the Sovereign Debt Market: Evidence from Bond Mutual Funds
   presented by: Nathan Converse, Federal Reserve Board
 

Debt, Defaults and Dogma: politics and the dynamics of sovereign debt markets
   presented by: Alok Johri, McMaster University
 
Session: A5: Inflation Dynamics
June 28, 2019 10:40 to 12:20
3220
 
Session Chair: Julio Carrillo, Banco de Mexico
 

ON THE PERSISTENCE OF UK INFLATION: A LONG-RANGE DEPENDENCE APPROACH
   presented by: Guglielmo Maria Caporale, Brunel University London
 

Monetary Policy and Macroeconomic Stability Revisited
   presented by: Yasuo Hirose, Keio University
 

Wage indexation and monetary policy in an open economy
   presented by: Julio Carrillo, Banco de Mexico
 
Session: A6: Monetary and Macro-prudential Policies
June 28, 2019 10:40 to 12:20
3224
 
Session Chair: Daeyup Lee, Bank of Korea
 

Mortgage Defaults, Bank Runs, and Regulation in a Housing Economy
   presented by: Marcus Ingholt, University of Copenhagen
 

Optimal macroprudential Policy and Asset Price Bubbles
   presented by: Lucyna Gornicka, International Monetary Fund
 

Macroprudential Interventions in Liquidity Traps
   presented by: William Tayler, Lancaster University
 

The Distributional Effects of Macroprudential Policy
   presented by: Daeyup Lee, Bank of Korea
 
Session: A7: Time Series Econometrics
June 28, 2019 10:40 to 12:20
1201
 
Session Chair: Seung Jung Lee, Board of Governors of the Federal Reserve System
 

Can GDP measurement be further improved? Data revision and reconciliation
   presented by: Simon van Norden, HEC Montréal
 

Particle Filtering with Stable Errors
   presented by: J. Huston McCulloch, NYU
 

A Flexible Stochastic Conditional Duration Model
   presented by: Samuel Gingras, Université de Montréal
 

Macroeconomic Overheating and Financial Vulnerability
   presented by: Seung Jung Lee, Board of Governors of the Federal Reserve System
 
Session: A8: Agent Based Models
June 28, 2019 10:40 to 12:20
3201
 
Session Chair: Philipp Harting, Bielefeld University
 

Matching frictions, credit reallocation and macroeconomic activity
   presented by: Edoardo Gaffeo, University of Trento
 

Macroprudential analysis using an agent-based macroeconomic model of the euro area
   presented by: Dirk Kohlweyer, Bielefeld University
 

The Effect of De-centralized Wage Setting on Growth and Inequality: The Role of Skill Heterogeneity
   presented by: Philipp Harting, Bielefeld University
 

A Direct Estimate of Rule of Thumb Behavior using the Method of Simulated Quantiles and Cross Validation
   presented by: Nathan Palmer, Federal Reserve Board of Governors
 
Session: A9: Boundaries and Stability in Monetary Policy
June 28, 2019 10:40 to 12:20
3228
 
Session Chair: Andrea Ajello, Federal Reserve Board
 

Precautionary Monetary Policy at the Zero Lower Bound
   presented by: Sergio Lago Alves, Central Bank of Brazil
 

The Zero Lower Bound and Estimation Accuracy
   presented by: Alexander Richter, Federal Reserve Bank of Dallas
 

Getting in all the Cracks: Monetary Policy and Indicators of Financial Stability
   presented by: Andrea Ajello, Federal Reserve Board
 

The Macroeconomic Effects of Forward Communication
   presented by: Ørjan Robstad, Norges Bank
 
Session: B1: Financial Market Experiments
June 28, 2019 13:50 to 15:30
3202
 
Session Chair: Jean Paul Rabanal, Monash University
 

Housing Consumption and Bubble Size
   presented by: Stefanie Huber, University of Amsterdam, Tinbergen Institute
 

The impact of exchange-traded funds on financial markets
   presented by: Olga Rud, RMIT University
 

Forecasting and stock market participation: an experiment
   presented by: Jean Paul Rabanal, Monash University
 

Pouring Oil on Fire: Interest Deductibility and Corporate Debt
   presented by: Nicolas End, IMF
 
Session: B2: Empirical Macro
June 28, 2019 13:50 to 15:30
3110
 
Session Chair: Hie Joo Ahn, Federal Reserve Board
 

How are wage developments passed-through to prices in the euro area? Evidence from a BVAR model
   presented by: Elke Hahn, European Central Bank
 

A New Measure of Monetary Policy Shocks
   presented by: Xu Zhang, University of California, San Diego
 

Job Polarization and the Decline in the Labor Force Participation of Prime-Age Individuals
   presented by: Didem Tuzemen, Federal Reserve Bank of Kansas City
 

Duration structure of unemployment hazards and the natural rate of unemployment
   presented by: Hie Joo Ahn, Federal Reserve Board
 
Session: B3: Solution Methods
June 28, 2019 13:50 to 15:30
3112
 
Session Chair: Sebastian Poledna, International Institute for Applied Systems Analysis (IIASA)
 

A Hardware Approach to Value Function Iteration
   presented by: Alessandro Peri, University of Colorado Boulder
 

Reliably Computing Nonlinear Dynamic Stochastic Model Solutions: An Algorithm with Error Formulas
   presented by: Gary Anderson, Visiting Scholar, FRB of Boston
 

Parallelization Overhead and HPC-Efficient Programming
   presented by: Dongya Koh, University of Arkansas
 

A high-performance computing implementation of a macroeconomic agent-based model
   presented by: Sebastian Poledna, International Institute for Applied Systems Analysis (IIASA)
 
Session: B4: Micro Data and Aggregate Implications
June 28, 2019 13:50 to 15:30
3220
 
Session Chair: Saroj Bhattarai, University of Texas at Austin
 

Contracts, Firm Dynamics and Aggregate Productivity
   presented by: Bernabe Lopez-Martin, Central Bank of Chile
 

Everyday Reference Prices and Nominal Rigidities
   presented by: Federico Ravenna, Danmarks Nationalbank
 

Firm’s Profitability in Smart Cities
   presented by: Mahsa Memarian, INCAE Business School
 

The Persistent Employment Effects of the 2006-09 U.S. Housing Wealth Collpase
   presented by: Saroj Bhattarai, University of Texas at Austin
 
Session: B5: Business Cycles I
June 28, 2019 13:50 to 15:30
3224
 
Session Chair: Tom Holden, Deutsche Bundesbank
 

Business cycles in space
   presented by: Jonathan Swarbrick, Bank of Canada
 

Subsidising car purchases in the euro area: Any spill-over on production?
   presented by: Joan Paredes, European Central Bank
 

What structural shocks drive the fluctuations of the labor wedge and the business cycles in Japan?
   presented by: Kengo Nutahara, Senshu University
 
Session: B6: Financial Frictions I
June 28, 2019 13:50 to 15:30
3228
 
Session Chair: Jacek Suda, Narodowy Bank Polski
 

Credit Crunch and Downward Nominal Wage Rigidities
   presented by: Jean-François Rouillard, Université de Sherbrooke
 

Financial Integration in a Monetary Union with Heterogeneous Firms and Unemployment
   presented by: Beatriz de Blas, Universidad Autónoma de Madrid
 

On the welfare cost of bank concentration
   presented by: Sofia Bauducco, Central Bank of Chile
 

Incomplete credit markets and monetary policy
   presented by: Jacek Suda, Narodowy Bank Polski
 
Session: B7: Heterogeneity in New Keynesian Macro-models
June 28, 2019 13:50 to 15:30
1200
 
Session Chair: Alex Grimaud, Università Cattolica del Sacro Cuore and Universiteit van Amsterdam
 

Managing Self-organization of Expectations through Monetary Policy: a Macro Experiment
   presented by: Domenico Massaro, Catholic University of Milan
 

Heterogeneous price setting and the Phillips Curve: An evolutionary Calvo experiment
   presented by: Alex Grimaud, Università Cattolica del Sacro Cuore and Universiteit van Amsterdam
 

Social Learning About Monetary Policy at the ZLB
   presented by: Isabelle Salle, Bank of Canada
 

Inequality and the Central Bank
   presented by: Amy Guisinger, Lafayette College
 
Session: B8: Expectations, Pricing and Monetary Policy
June 28, 2019 13:50 to 15:30
1201
 
Session Chair: Alexandra Ferreira-Lopes, ISCTE-IUL
 

A Meta-analysis on the Effects of Quantitative-Easing on Japanese Economic Growth
   presented by: Alexandra Ferreira-Lopes, ISCTE-IUL
 

Imperfect Exchange Rate Pass-through: Empirical Evidence and Monetary Policy Implications
   presented by: Maryam Mirfatah, University of Surrey
 

Consumers' Price Beliefs, Central Bank Communication, and Inflation Dynamics
   presented by: Kosuke Aoki, University of Tokyo
 

Asset Price Beliefs and Optimal Monetary Policy
   presented by: Colin Caines, Federal Reserve Board
 
Session: B9: Economic Policy in Heterogeneous Agents Models
June 28, 2019 13:50 to 15:30
3201
 
Session Chair: Marco Cozzi, University of Victoria
 

Optimal Monetary Policy Rule with Downward Nominal Wage Rigidity: the Role of Heterogeneity
   presented by: Tomohide Mineyama, Bank of Japan
 

Fiscal Policy over the Business Cycle
   presented by: Christopher Krause, Karlsruhe Institute of Technology (KIT)
 

The Optimal Joint Design of Unemployment and Pension Insurance
   presented by: Nils Grevenbrock, European University Institute
 

Has the Canadian Public Debt Been too High? A Quantitative Assessment
   presented by: Marco Cozzi, University of Victoria
 
Session: C1: Wealth Inequality
June 29, 2019 9:00 to 10:40
3201
 
Session Chair: Alessandro Di Nola, University of Konstanz
 

Economic Growth and Wealth Inequality: the Role of Differential Fertility
   presented by: Alessandro Di Nola, University of Konstanz
 

Home ownership as self-insurance for long-term care - A dynamic simulation analysis
   presented by: Maurice Hofmann, University of Wuerzburg
 

What Drives the Income and Wealth Distribution over the Business Cycle - Evidence from an Estimated DSGE Model
   presented by: Ulrich Eydam, University of Potsdam
 

Inequality over the Life Cycle, Housing, and the Business Cycle
   presented by: Christian Scharrer, University of Augsburg
 
Session: C2: Financial Markets
June 29, 2019 9:00 to 10:40
3202
 
Session Chair: Beulah Chelva, United Nations
 

Connectedness between G10 Currencies: Searching for the Causal Structure
   presented by: Timo Bettendorf, Deutsche Bundesbank
 

Cross-Border Risks in the Eurozone Sovereign Bond Markets
   presented by: Olivier Hubert, UNamur
 

CEO Gender and Stock Performance
   presented by: Joannie Tremblay-Boire, University of Maryland
 

Integration of European Markets during the Global Financial Crisis: Convergence or Divergence?
   presented by: Beulah Chelva, United Nations
 
Session: C3: Business Cycles II
June 29, 2019 9:00 to 10:40
3110
 
Session Chair: Hyunseung Oh, Vanderbilt University
 

Business Cycles with Oligopsonistic Competition in Labor Markets
   presented by: Sami Alpanda, University of Central Florida
 

Adaptive labor supply as a driver of the business cycle
   presented by: Sijmen Duineveld, University of Augsburg
 

Monetary Policy and Firm Heterogeneity: The Role of Leverage Since the Financial Crisis
   presented by: Timothy Moreland, Michigan State University
 

Consumption dynamics and the relative price of consumer durables
   presented by: Hyunseung Oh, Vanderbilt University
 
Session: C4: Capital Flows, Exchange Rates and Crises
June 29, 2019 9:00 to 10:40
3112
 
Session Chair: Bora Durdu, Federal Reserve Board
 

Capital Flows, Speculation, and Capital Controls
   presented by: Viktor Tsyrennikov, IMF
 

Preferred Habitat, Policy, and the CIP Puzzle
   presented by: Paul Wohlfarth, Birkbeck, University of London
 

The Role of U.S. Monetary Policy in Global Banking Crises
   presented by: Bora Durdu, Federal Reserve Board
 

External Crisis Prediction Using Machine Learning: Evidence from Three Decades of Crises Around the World
   presented by: Suman Basu, International Monetary Fund
 
Session: C5: Inequality and Policy
June 29, 2019 9:00 to 10:40
3220
 
Session Chair: Edouard Djeutem, Bank of Canada
 

Labor Income, Asset prices and wealth inequality
   presented by: Edouard Djeutem, Bank of Canada
 

Liquidity and Unconventional Policy in a TANK Model
   presented by: Serdar Kabaca, Bank of Canada
 

The Redistributive Effects of Monetary Policy in the OLG model with Nominal Rigidities
   presented by: Seungjun Baek, Florida State University
 
Session: C6: Monetary Policy I
June 29, 2019 9:00 to 10:40
1200
 
Session Chair: Paul Levine, University of Surrey
 

Designing Robust Monetary Policy Using Prediction Pools
   presented by: Szabolcs Deák, University of Surrey
 

A Historical Perspective on Medium-Term Cycles and Asset Pricing
   presented by: Thomas Lubik, Federal Reserve Bank of Richmond
 

The Relationship between VAR and DSGE Models when Agents have Imperfect Information
   presented by: Paul Levine, University of Surrey
 

Central Bank Digital Currency with Adjustable Interest Rate in Small Open Economies
   presented by: T Xie, Singapore Management University
 
Session: C7: Fiscal Policy I
June 29, 2019 9:00 to 10:40
1201
 
Session Chair: Luisa Lambertini, EPFL
 

Fiscal Policy and Internal Devaluation
   presented by: Luisa Lambertini, EPFL
 

Questioning the puzzle: fiscal policy, real exchange rate and inflation
   presented by: Daniele Siena, Banque de France
 

Government Debt and Sustainable Policy Equilibria in a Monetary Union
   presented by: Tatiana Kirsanova, University of Glasgow
 

Macroeconomic Effects of Taxes on Banking
   presented by: Rafael Domenech, Universidad de Valencia and BBVA Research
 
Session: C8: Business Cycles and Heterogeneous Agents
June 29, 2019 9:00 to 10:40
3224
 
Session Chair: Vytautas Valaitis, Duke University
 

Is Household Heterogeneity Important for Business Cycles?
   presented by: Youngsoo Jang, Shanghai University of Finance and Economics
 

Labor Income Shocks Along the Business Cycle
   presented by: Julien Pascal, Sciences Po
 

Housing Market Friction, Unemployment and Asset Prices
   presented by: Vytautas Valaitis, Duke University
 
Session: C9: Life Cycle Models
June 29, 2019 9:00 to 10:40
3228
 
Session Chair: Matthias Schön, Deutsche Bundesbank
 

Sources of Labor Income Inequality: A GE Model of Lifecycle Skill Investment
   presented by: Guanyi Yang, St. Lawrence University
 

Who Values Access to College?
   presented by: Ivan Vidangos, Federal Reserve Board
 

Demographic Change and the German Current Account Surplus
   presented by: Matthias Schön, Deutsche Bundesbank
 

Entrepreneurship, Inter-Generational Business Transmission and Aging
   presented by: Alexandre Gaillard, Toulouse School of Economics
 
Session: D10: Financial Markets and Forecasting
June 29, 2019 11:10 to 12:50
1200
 
Session Chair: Shilei Niu, Xi'an Jiaotong-Liverpool University
 

Banks and dynamic competition in a production economy
   presented by: Alessandro Villa, Duke University
 

Information Content of Option Prices: Comparing Analyst Forecasts to Option-Based Forecasts
   presented by: Anthony Sanford, University of Maryland, College Park
 

Financial news media, volatility and the production network
   presented by: Julian Ashwin, Nuffield College, University of Oxford
 

Implications of Electricity Price Regimes on Hydroelectric Power Plant Valuation
   presented by: Shilei Niu, Xi'an Jiaotong-Liverpool University
 
Session: D1: Behavioral & Experimental Macroeconomics: the way forward
June 29, 2019 11:10 to 12:50
2200
 
Session Chair: Cars Hommes, University of Amsterdam
 

Rational Heuristics? Expectations and Behaviors in Evolving Economies with Heterogeneous Interacting Agents
   presented by: Mauro Napoletano, OFCE-Sciences Po
 

Studying Central Bank Communication and Monetary Policy in the Lab
   presented by: Luba Petersen, Simon Fraser University
 

Behavioral & Experimental Macroeconomics and Policy Analysis: a Complex Systems Approach
   presented by: Cars Hommes, University of Amsterdam
 
Session: D2: Energy and Environmental Economics
June 29, 2019 11:10 to 12:50
1201
 
Session Chair: Qin Xiao, University of Hull
 

Evidences of US commodity market financialization and systemic implications: An asymmetric GARCH R-vine copula approach
   presented by: Qin Xiao, University of Hull
 

Time-varying effects of oil price shocks on firms' price setting - Evidence from German manufacturing
   presented by: Jochen Guentner, Johannes Kepler University Linz
 

Effects of B.C.’s Carbon Tax on GDP
   presented by: Jean-Thomas Bernard, University of Ottawa
 

Climate Disaster Risks - Empirics and a Multi-Phase Dynamic Model
   presented by: Alexander Haider, The New School
 
Session: D3: Asset Pricing
June 29, 2019 11:10 to 12:50
3201
 
Session Chair: Stefan Reitz, Kiel Institute for the World Economy
 

Intrinsic Bubbles in Stock Prices Under Persistent Dividend Growth Rates
   presented by: Faisal Awwal, Florida International University
 

Valuation Risk Revalued
   presented by: Nathaniel Throckmorton, William & Mary
 

Climate Change Risks, Stock Returns, and the Oil Sector
   presented by: Patrick Grüning, Bank of Lithuania and Vilnius University
 

Foreign Exchange Dealer Asset Pricing
   presented by: Stefan Reitz, Kiel Institute for the World Economy
 
Session: D4: Credit and Macro
June 29, 2019 11:10 to 12:50
3202
 
Session Chair: Jelena Zivanovic, Bank of Canada
 

Corporate debt composition and business cycles
   presented by: Jelena Zivanovic, Bank of Canada
 

Household Debt, Credit Supply, and Sentiment Shocks
   presented by: Jan-Niklas Brenneisen, University of Kiel
 

Credit Allocation and Real Effects of Negative Interest Rates: Micro-Evidence from Japan
   presented by: Kiyotaka Nakashima, Konan University
 

Globalization and the fall of markups
   presented by: Jakub Mućk, Narodowy Bank Polski
 
Session: D5: Monetary Policy II
June 29, 2019 11:10 to 12:50
3110
 
Session Chair: Isabel Cairo, Board of Governors of the Federal Reserve
 

The Optimal Inflation Rate with Discount Factor Heterogeneity
   presented by: Antoine Lepetit, Board of Governors of the Federal Reserve
 

Monetary Policy, Unemployment and Macroeconomic Stability Revisited
   presented by: Nicolas Groshenny, The University of Adelaide
 

Estimating Hysteresis Effects
   presented by: Pål Ulvedal, Norges Bank
 

Market Power, Inequality, and Financial Instability
   presented by: Jae Sim, Federal Reserve Board
 
Session: D6: Fiscal Policy II
June 29, 2019 11:10 to 12:50
3112
 
Session Chair: Christian Proebsting, EPFL
 

Does Austerity Go Along With Internal Devaluations?
   presented by: Christian Proebsting, EPFL
 

Opening the Red Budget Box: Nonlinear Effects of a Tax Shock in the UK
   presented by: Valentina Colombo, University of Bologna
 

Reach for Yield by U.S. Public Pension Funds
   presented by: Matthew Pritsker, Federal Reserve Bank of Boston
 

Optimal Capital Income Taxation Under Capital-Skill Complementarity
   presented by: Ozlem Kina, EUROPEAN UNIVERSITY INSTITUTE
 
Session: D7: Labor Market Dynamics: Heterogeneity and Macroeconomic Outcomes
June 29, 2019 11:10 to 12:50
3220
 
Session Chair: Marcin Kolasa, Narodowy Bank Polski
 

Job Ladders and Labor Productivity Dynamics
   presented by: Alberto Naudon, Banco Central de Chile
 

Worker Surveillance: Job Rationing and Wage Suppression
   presented by: Jose Luis Luna Alpizar, CERGE-EI
 

Explaining the labor share: automation vs labor market institutions
   presented by: Pedro Gil, University of Porto
 

Are flexible working hours really helpful in stabilizing unemployment?
   presented by: Marcin Kolasa, Narodowy Bank Polski
 
Session: D8: Consumption and Labor Responses
June 29, 2019 11:10 to 12:50
3224
 
Session Chair: Piotr Denderski, University of Leicester
 

Anticipated House Purchases and Household Consumption
   presented by: Isaac Gross, Monash University
 

Job Search and Experimentation in the Standard Incomplete Markets Model
   presented by: Piotr Denderski, University of Leicester
 

Household Heterogeneity and the Adjustment to External Shocks of a Small Open Economy
   presented by: Julia Otten, Humboldt-Universität zu Berlin
 
Session: D9: Yield Curve and Credit Dynamics
June 29, 2019 11:10 to 12:50
3228
 
Session Chair: Aytek Malkhozov, Federal Reserve Board
 

Shadow Banking and Systemic Bailout Exposure
   presented by: Yizhi Xu, International Monetary Fund
 

Secular trends and the yield curve
   presented by: Gavin Goy, De Nederlandsche Bank
 

Technology News Shocks and the Slope of the Yield Curve: An International Perspective
   presented by: João Claudio, Halle Institute for Economic Research
 

News Shocks and Asset Prices
   presented by: Aytek Malkhozov, Federal Reserve Board
 
Session: E1: Experimental Finance
June 29, 2019 14:20 to 16:00
3202
 
Session Chair: Sandrine Jacob Leal, ICN Business School
 

Algorithm trading, what if it is just an illusion? Evidence from experimental financial markets
   presented by: Sandrine Jacob Leal, ICN Business School
 

Experiences and expectations in asset markets: an experimental study
   presented by: Myrna Hennequin, University of Amsterdam
 

Time pressure in long run learning-to-forecast experiments
   presented by: Frieder Neunhoeffer, Ca' Foscari University Venice, University of Amsterdam
 

An Experimental Investigation into the Heterogeneous Bidding Behavior in Double Auctions
   presented by: Chung-Ching Tai, Tunghai University
 
Session: E2: Nonlinear Estimation
June 29, 2019 14:20 to 16:00
1200
 
Session Chair: Lilia Maliar, The Graduate Center, CUNY
 

Projection-Based Inference with Particle Swarm Optimization
   presented by: Zhenjiang Lin, The University of Nottingham Ningbo China
 

Taylor Rules and Sudden Stops in a Globally Solved DSGE Model
   presented by: Johannes Brumm, Karlsruhe Institute of Technology
 

NON-LINEAR ESTIMATION OF DSGE MODELS: ASSESSING GAUSSIAN FILTERS.
   presented by: Rodolfo Arioli, University of Amsterdam
 

Will Artificial Intelligence Replace Computational Economists Any Time Soon?
   presented by: Lilia Maliar, The Graduate Center, CUNY
 
Session: E3: Trends and Cycles
June 29, 2019 14:20 to 16:00
3110
 
Session Chair: Drago Bergholt, Norges Bank Research
 

State-dependent Adjustment Cost and Labor Dynamics in Recessions: Evidence using FGTS Policy in Brazil
   presented by: Neville Francis, UNC Chapel Hill
 

From Secular Stagnation to Robocalypse? Implications of Demographic and Technological Changes
   presented by: Henrique Basso, Bank of Spain
 

The Macroeconomic Implications of Firm Selection
   presented by: Tatiana Damjanovic, Durham University
 

The decline of the labor share: new empirical evidence
   presented by: Drago Bergholt, Norges Bank Research
 
Session: E4: Macroeconomics
June 29, 2019 14:20 to 16:00
3112
 
Session Chair: Michael Pedersen, Central Bank of Chile
 

Cross-Border flows and the effect of Global Financial shocks in Latin America
   presented by: Fernando Perez Forero, Banco Central de Reserva del Peru
 

Macroeconomic adjustment in commodity producing countries with limited access to financial markets : the role of storage
   presented by: Erica Perego, CEPII
 

Understanding de-anchoring of inflation expectations. Evidence from Chile
   presented by: Michael Pedersen, Central Bank of Chile
 
Session: E5: Economic Projections
June 29, 2019 14:20 to 16:00
1201
 
Session Chair: Dalibor Stevanovic, Université du Québec à Montréal
 

Investigating the Inefficiency of the CBO's Budgetary Projections
   presented by: Natsuki Arai, National Chengchi University
 

Introducing the Bank of Canada Staff Economic Projections Database
   presented by: Julien Champagne, Bank of Canada
 

Norges Banks Output Gap Estimates: Cyclical Sensitivity, Real-Time Evaluation and Forecasting Properties
   presented by: Francesco Furlanetto, Norges Bank
 

How is Machine Learning Useful for Macroeconomic Forecasting?
   presented by: Dalibor Stevanovic, Université du Québec à Montréal
 
Session: E6: Macroeconomics at the Zero Lower Bound
June 29, 2019 14:20 to 16:00
3220
 
Session Chair: Arunima Sinha, Fordham University
 

The Euro-Area Government Spending Multiplier at the Effective Lower Bound
   presented by: Giovanni Melina, International Monetary Fund
 

Time-Varying Risk Shocks and the Zero Lower Bound
   presented by: Johannes Strobel, Goethe-University Frankfurt
 

The Great Recession and the Zero Lower Bound
   presented by: Felix Strobel, Goethe University Frankfurt
 

Pitfalls of "Lower for Longer": Monetary Policy Strategies at the Effective Lower Bound
   presented by: Arunima Sinha, Fordham University
 
Session: E7: Capital Movements and the Financial System
June 29, 2019 14:20 to 16:00
3224
 
Session Chair: Juan Sabuco, University of Oxford
 

On the dynamics of asset prices and liquidity: the role of search frictions and idiosyncratic shocks
   presented by: Alexandre Janiak, Pontificia Universidad Catolica de Chile
 

Domestic Financial Participation and Financial Policies in Emerging Economies
   presented by: Victoria Nuguer, Inter-American Development Bank
 

A tale of two tails: Cross credit ratings and cash holdings
   presented by: Stylianos Asimakopoulos, University of Bath
 

Systemic Risk of Modeling in Insurance
   presented by: Juan Sabuco, University of Oxford
 
Session: E8: Quantitative Analysis of DSGE Models
June 29, 2019 14:20 to 16:00
3201
 
Session Chair: Michel Juillard, Banque de France
 

Sovereign Debt: A Quantitative Comparative Investigation of the Partial Default Mechanism
   presented by: Manoj Atolia, Florida State University
 

Do policy makers need deep learning?
   presented by: Vadym Lepetyuk,
 

Firm Size and Business Cycles with Credit Shocks
   presented by: In Hwan Jo, National University of Singapore
 

Efficient Kalman filter in Julia
   presented by: Michel Juillard, Banque de France
 
Session: E9: Monetary Policy, Inflation and Financial Frictions
June 29, 2019 14:20 to 16:00
3228
 
Session Chair: Willem Van Zandweghe, Federal Reserve Bank of Kansas City
 

Importance of Awareness of Default Risk on Conducting Monetary and Fiscal Policies
   presented by: Eiji Okano, Nagoya City University
 

Misallocation and Credit Market Constraints: the Role of Long-Term Financing
   presented by: Patrick Macnamara, University of Manchester
 

Redistributive Policy Shocks and Optimal Monetary Policy in a Model with Heterogeneous Agents
   presented by: Debdulal Mallick, Deakin University
 

Variable Elasticity of Demand as a Source of Inflation Persistence
   presented by: Willem Van Zandweghe, Federal Reserve Bank of Kansas City
 
Session: F1: Heterogeneous Agents Models in Finance
June 30, 2019 9:00 to 10:40
1201
 
Session Chair: Noemi Schmitt, University of Bamberg
 

The Effect of Information Flow of Investor Activity on Market Stability
   presented by: Ayoung Park, Chosun university
 

To stabilize China’s agricultural commodity markets: A heterogeneous agent model approach
   presented by: Yu Zhang, Southwestern University of Finance and Economics
 

Heterogeneous expectations and asset price dynamics
   presented by: Noemi Schmitt, University of Bamberg
 

Calibrating an agent-based model with learning gradients
   presented by: Blake LeBaron, Brandeis University
 
Session: F2: Behavior Heterogeneity
June 30, 2019 9:00 to 10:40
3201
 
Session Chair: Changtai Li, Nanyang Technological University
 

Housing markets, expectation formation and interest rates
   presented by: Carolin Martin, University of Bamberg
 

Listening to the ‘Wind of Change’: Which "M" matters? Media or Market?
   presented by: Hung-Wen Lin, Nanfang College of Sun Yat-Sen University
 

A model of market making with heterogeneous speculators
   presented by: Leonardo Bargigli, University of Florenze
 

Investor sentiment, behavioral heterogeneity and stock market dynamics
   presented by: Changtai Li, Nanyang Technological University
 
Session: F3: Business Cycle Analysis
June 30, 2019 9:00 to 10:40
3202
 
Session Chair: Filip Rozsypal, Danmarks Nationalbank
 

Declining Labor Share and Capital Misallocation
   presented by: Lorenza Rossi, University of Pavia
 

A structural analysis of US entry and exit dynamics
   presented by: Miguel Casares, Universidad Publica de Navarra
 

Endogenous trends
   presented by: Gauthier Vermandel, University Paris-Dauphine & France Stratégie
 

Firm-level Entry and Exit over the Danish Business Cycle
   presented by: Filip Rozsypal, Danmarks Nationalbank
 
Session: F4: Financial Frictions II
June 30, 2019 9:00 to 10:40
3110
 
Session Chair: Belinda Tracey, Bank of England
 

Nonlinear Effects of Fiscal Policy over the Household Leverage Cycle
   presented by: Hamza Polattimur, Universität Hamburg
 

Securitization and House Price Growth
   presented by: Genevieve Nelson, University of Oxford
 

Trend Inflation and Asset Pricing in a DSGE Model: Comment
   presented by: Ales Marsal, National Bank of Slovakia
 

The Real Effects of Zombie Lending in Europe
   presented by: Belinda Tracey, Bank of England
 
Session: F5: Cryptocurrencies and Money
June 30, 2019 9:00 to 10:40
3112
 
Session Chair: Marco Lorusso, Northumbria University
 

A New Economic Framework: A DSGE Model with Cryptocurrency
   presented by: Marco Lorusso, Northumbria University
 

Money Supply for a Utility Cryptocurrency
   presented by: Luis Puch, Universidad Complutense de Madrid and ICAE
 

Bitcoin and its mining on the equilibrium path
   presented by: Ladislav Kristoufek, Czech Academy of Sciences
 

Reciprocal Lending Relationships Between Financial Conglomerates: Evidence from the Mexican Repo Market
   presented by: Carlos Canon, Banco de Mexico
 
Session: F6: Labor Markets II
June 30, 2019 9:00 to 10:40
3220
 
Session Chair: Juan Guerra-Salas, Central Bank of Chile
 

The Migrants' Plight: A Skill Job Mismatch. Brain waste in Canada
   presented by: Emily Barker, University of Sheffield
 

What accounts for the German Labor Market Miracle? A Macroeconomic Investigation
   presented by: Stefan Schiman, WIFO
 

Costly decisions, rigid wages, and frictional labor reallocation
   presented by: James Costain, European Central Bank
 

Immigration in an Emerging Country: The Role of the Informal Sector
   presented by: Juan Guerra-Salas, Central Bank of Chile
 
Session: F7: Market Microstructure
June 30, 2019 9:00 to 10:40
3224
 
Session Chair: Paul McNelis, Fordham University
 

Limit order submission risks, order choice, and tick size
   presented by: Ryuichi Yamamoto, Waseda University
 

Inferring Trade Directions in Fast Markets
   presented by: Simon Jurkatis, Bank of England
 

Where security market pricing quality comes from? Combined analysis of institutional design and individual rationality
   presented by: Iryna Veryzhenko, LABEX REFI, CNAM
 

Off-Shore Fears and On-Shore Risk: Exchange-Rate Pressures and Bank Volatility in China
   presented by: Paul McNelis, Fordham University
 
Session: F8: Migration and International Capital Flows
June 30, 2019 9:00 to 10:40
1200
 
Session Chair: Gregory de Walque, National Bank of Belgium
 

International Migration: Unemployment, Wages and Costs to Move
   presented by: Kristina Sargent, MIDDLEBURY COLLEGE
 

Quantifying migration cost shocks: Macroeconomic evidence for the UK and Germany
   presented by: Janine Hart, University of Potsdam
 

Financial Shocks, Supply-chain Relationships and the Great Trade Collapse
   presented by: Terry Yip, McMaster University
 

Low pass-through and high spillovers in NOEM: what does help and what does not
   presented by: Gregory de Walque, National Bank of Belgium
 
Session: F9: International Macroeconomics
June 30, 2019 9:00 to 10:40
3228
 
Session Chair: Alan Finkelstein-Shapiro, Tufts University
 

Domestic Finanial Participation, Labor Markets, and Business Cycles
   presented by: Alan Finkelstein-Shapiro, Tufts University
 

International sentiment spillovers and business cycles
   presented by: Grzegorz Wesołowski, Narodowy Bank Polski
 

Cross-Border Fiscal Spillovers in Europe: New Country-Specific Evidence from an Agnostic Identification
   presented by: Ayobami Ilori, University of East Anglia
 

Fiscal policy in EMU with downward nominal wage rigidity
   presented by: Philipp Pfeiffer, European Commission DG ECFIN
 
Session: G10: Bounded Rationality
June 30, 2019 11:10 to 12:50
3110
 
Session Chair: Enrique Martinez-Garcia, Federal Reserve Bank of Dallas
 

The Rationality Bias
   presented by: Tim Hagenhoff, University of Bamberg
 

Limits to Arbitrage and Global Games in Forex Markets with Bounded Rationality
   presented by: Soumya Datta, South Asian University
 

Identifying Beliefs from Asset Prices
   presented by: Guillaume Roussellet, McGill University
 

Central Bank Predictions, Heterogeneous Expectations and Inflation Dynamics
   presented by: Enrique Martinez-Garcia, Federal Reserve Bank of Dallas
 
Session: G1: Heterogeneous Expectations in Macro
June 30, 2019 11:10 to 12:50
3201
 
Session Chair: Jiri Kukacka, Charles University, Faculty of Social Sc
 

Financial frictions and housing collateral constraints in a macro model with heuristics
   presented by: Corrado Macchiarelli, London School of Economics and Political Science
 

Robust Optimal Monetary Policy Under Heterogeneous Beliefs
   presented by: David Finck, Justus-Liebig University Giessen
 

Macroeconomic stability of price level targeting in a model of heterogeneous expectations
   presented by: Tomasz Makarewicz, University of Bamberg
 

Stable Liquidity Traps and Heterogeneous Expectations in a Behavioral New Keynesian Model
   presented by: Jiri Kukacka, Charles University, Faculty of Social Sc
 
Session: G2: Business Cycles III
June 30, 2019 11:10 to 12:50
1200
 
Session Chair: Christopher Gunn, Carleton University
 

The relative prices of investment and capital.
   presented by: Tom Holden, Deutsche Bundesbank
 

Gains from Policy Cooperation in Capital Controls and Financial Market Incompleteness
   presented by: Shigeto Kitano, Kobe University
 

Production Networks and the Propagation of Commodity Price Shocks
   presented by: Shutao Cao, Victoria University of Wellington
 

Is there News in Inventories
   presented by: Christopher Gunn, Carleton University
 
Session: G3: Open Economy Macroeconomics
June 30, 2019 11:10 to 12:50
1201
 
Session Chair: Paul Gomme, Concordia University
 

Heterogeneous Effects of Single Monetary Policy on Unemployment Rates in the Largest EMU Economies
   presented by: Alexander Mihailov, University of Reading
 

Exchange rate pass-thorugh into euro area inflation. An estimated structural model
   presented by: Alessandro Notarpietro, Bank of Italy
 

Global spillovers in the pre- and post-crisis environment: Evidence from an estimated three-region DSGE model
   presented by: Massimo Giovannini, European Commission
 

Ramsey Tax Competition with an Endogenous Real Exchange Rate
   presented by: Paul Gomme, Concordia University
 
Session: G4: Empirical Finance
June 30, 2019 11:10 to 12:50
3202
 
Session Chair: Zeynep Kurter, Birkbeck, University of London
 

Forecasting with Neural Network Transformed Variables BVAR Model
   presented by: Dmitriy Gornostaev, Bank of Russia
 

Decomposing the Yield Curve with Linear Regressions and Survey Information
   presented by: Arne Halberstadt, Deutsche Bundesbank
 

Forecasting Bank Failure with Statistical Learning Methods
   presented by: Pinar Uysal, Federal Reserve Board
 

The Lead-Lag Relationship between European Sovereign Bond and Stock Market
   presented by: Zeynep Kurter, Birkbeck, University of London
 
Session: G5: Macroeconomic Theory
June 30, 2019 11:10 to 12:50
2211
 
Session Chair: Sylvain Barde, University of Kent
 

Generalized Entropy and Model Uncertainty
   presented by: Alexander Meyer-Gohde, Goethe-Universität Frankfurt
 

Households' Liquidity Constraint, Optimal Attention Allocation, and Infl‡ation Expectations
   presented by: Tatsuya Ozaki, Bank of Japan
 

Information Heterogeneity and the Role of Foreign Exchange Interventions
   presented by: Marco Ortiz, Universidad del Pacífico
 

From kernels to trees: accuracy and precision in model selection from simulated data
   presented by: Sylvain Barde, University of Kent
 
Session: G6: Agent-based Modelling
June 30, 2019 11:10 to 12:50
3112
 
Session Chair: Christophre Georges, Hamilton College
 

Adapting the agent-based model AgriPoliS to simulate generational renewal in European agricultural regions
   presented by: Christine Pitson, IAMO
 

Quantifying the Concerns of Dimon and Buffett with Data and Computation
   presented by: Matthew Oldham, George Mason
 

Ownership structures, technological appropriability and industry concentration
   presented by: Mattia Guerini, OFCE - SciencesPo
 

Macroeconomic Gentrification
   presented by: Christophre Georges, Hamilton College
 
Session: G7: Banking and Macro
June 30, 2019 11:10 to 12:50
3220
 
Session Chair: Olena Kostyshyna, Bank of Canada
 

Monetary Policy, Excess Reserves and Credit Supply: Old-style vs New-Style Central Banking
   presented by: Mauricio Salgado Moreno, Humboldt-Universität zu Berlin
 

Bank Monitoring and Liquidity in the Business Cycles
   presented by: Marco Di Pietro, Sapienza University of Rome
 

The Financial Accelerator, Wages and Optimal Simple Monetary Policy Rules
   presented by: Tobias König, DIW Berlin, Humboldt University Berlin
 

Inflation Expectations: Evidence from the Canadian Survey of Household Expectations
   presented by: Olena Kostyshyna, Bank of Canada
 
Session: G8: International Finance
June 30, 2019 11:10 to 12:50
3224
 
Session Chair: Isabella Blengini, Ecole hôtelière de Lausanne
 

Portfolio Choice under Uncertainty
   presented by: Isabella Blengini, Ecole hôtelière de Lausanne
 

Sovereign Debt Maturity Structure of a Small Open Economy: Short or Long?
   presented by: Sergii Kiiashko, National Bank of Ukraine, Kyiv School of Economics
 

Balance Sheets, Currency Mismatch and Exchange Rate Fluctuations in Open Economies
   presented by: Pablo Anaya, Freie Universität Berlin, DIW Berlin
 

Different Shocks, Different Exchange Rate Elasticities
   presented by: Abeer Reza, Bank of Canada
 
Session: G9: Macro Policies
June 30, 2019 11:10 to 12:50
3228
 
Session Chair: Wenyi Shen, Oklahoma State University
 

Active, or passive? Revisiting the role of fiscal policy in the Great Inflation
   presented by: Stephanie Ettmeier, German Institute for Economic Research (DIW) Berlin
 

Conflict, Information, and Regime Change
   presented by: Davide Bosco, Università Cattolica del Sacro Cuore
 

Nonlinear Causality between U.S. Money, Inflation and Real Output
   presented by: Rubens Morita, Birkbeck College - University of London
 

Spillovers in a Monetary Union with Endogenous Fiscal Limits
   presented by: Wenyi Shen, Oklahoma State University
 
Session: H1: Adaptive Learning in Macro
June 30, 2019 13:30 to 15:10
3202
 
Session Chair: Richard Higgins, Colgate University
 

Expectation Formation and Learning in the Labour Market with On-the-Job Search and Nash Bargaining
   presented by: Erdenebulgan Damdinsuren, Bielefeld University/Cattolica University
 

Consistent Expectations Equilibria with Imperfect Common Knowledge: Forward Guidance and Other Policy Implications
   presented by: Ina Hajdini, Drexel University
 

An Evolutionary Approach to Solving Limited Enforcement Models
   presented by: Alexandre Dmitriev, The University of Auckland
 

Adaptive Learning in Nonlinear Models
   presented by: Richard Higgins, Colgate University
 
Session: H2: Applied Macro
June 30, 2019 13:30 to 15:10
1200
 
Session Chair: Daniela Hauser, Bank of Canada
 

Fiscal Surprises at the FOMC
   presented by: Dean Croushore, University of Richmond
 

Assessing the effects of changes in US corporate taxes on Canada
   presented by: Daniela Hauser, Bank of Canada
 

Liquidity and Monetary Transmission: A Quasi-Experimental Approach
   presented by: Boromeus Wanengkirtyo, Bank of England
 

Time-Varying Information and the Precision of Structural NKPC Estimates
   presented by: Maral Kichian, University of Ottawa
 
Session: H3: Liquidity Traps and Unconventional Monetary Policy
June 30, 2019 13:30 to 15:10
3110
 
Session Chair: Sebastian Schmidt, European Central Bank
 

Forward Guidance (Puzzle) with rule-of-thumb households
   presented by: Sebastian Giesen, Deutsche Bundesbank
 

A Structural Investigation on Quantitative Easing
   presented by: Gregor Boehl, Goethe University Frankfurt
 

Euro Area Quantitative Easing in a Portfolio Balance Model with Heterogeneous Agents and Assets
   presented by: Jesper Riedler, ZEW Mannheim
 

Simple Analytics of Expectations-Driven Liquidity Traps
   presented by: Sebastian Schmidt, European Central Bank
 
Session: H4: Consumption and Wealth
June 30, 2019 13:30 to 15:10
1201
 
Session Chair: Yunus Aksoy, Birkbeck, University of London
 

Time Variation in Lifecycle Consumption and Housing Wealth
   presented by: Yunus Aksoy, Birkbeck, University of London
 

The dynamics of consumption, income and household wealth: an endogenous regime-switching approach
   presented by: Robert Tetlow, Federal Reserve Board
 

The Optimal Progressivity of Income Taxes for Couples
   presented by: CHEUK SHING LEUNG, McGill University
 

An Overidentification approach to Regularization for Macroeconomic Forecasting
   presented by: Boyuan Zhang, University of Pennsylvania
 
Session: H5: Advances in Prediction and Structural Analysis with VAR Models
June 30, 2019 13:30 to 15:10
3112
 
Session Chair: Florens Odendahl, Banque de France
 

Contagious Switching
   presented by: Daniel Soques, University of North Carolina Wilmington
 

A Sparse Measure of Liquidity, and the Impact of Monetary Policy
   presented by: Garo Garabedian, Central Bank of Ireland, Ghent University
 

Endogenous Time-Variation in Vector Autoregressions
   presented by: Luis Uzeda, Bank of Canada
 

Using External Judgment in Euro Area Predictions
   presented by: Florens Odendahl, Banque de France
 
Session: H6: Monetary Policy - Empirical
June 30, 2019 13:30 to 15:10
3220
 
Session Chair: Sergei Seleznev, Bank of Russia
 

Real and Nominal Effects of Monetary Shocks under Time-Varying Disagreement
   presented by: Vania Esady, City, University of London
 

Uncertainty Shocks and Monetary Policies
   presented by: Alessia Paccagnini, University College Dublin
 

Predicting Monetary Policy Using Artificial Neural Networks
   presented by: Natascha Hinterlang, Deutsche Bundesbank
 

Truncated priors for tHDP-VAR
   presented by: Sergei Seleznev, Bank of Russia
 
Session: H7: Solution and Estimation Methods with Heterogeneous Agents
June 30, 2019 13:30 to 15:10
3201
 
Session Chair: Hirokuni Iiboshi, Tokyo Metropolitan University
 

Pareto Extrapolation: Bridging Theoretical and Quantitative Models of Wealth Inequality
   presented by: Alexis Akira Toda, University of California San Diego
 

Non-Parametrically Identifying Preferences with Strategic Reports: An Application to Turkish Undergraduate Admissions
   presented by: Roman Istomin, PSU
 

Deep equilibrium nets
   presented by: Marlon Azinovic, University of Zurich and Swiss Finance Institute
 

A Bayesian Estimation of HANK models with Continuous Time Approach: Comparison between US and Japan
   presented by: Hirokuni Iiboshi, Tokyo Metropolitan University
 
Session: H8: International Trade and Macro
June 30, 2019 13:30 to 15:10
3224
 
Session Chair: Chiara Forlati, University of Southampton
 

Trade and Domestic Policies in Models with Monopolistic Competition
   presented by: Chiara Forlati, University of Southampton
 

Reassessing Trade Barriers with Global Value Chains
   presented by: Yuko Imura, Bank of Canada
 

When Old Meets Young? Germany's Population Ageing and the Current Account
   presented by: Nikolai Stähler, Deutsche Bundesbank
 

The Real Exchange Rate, Innovation and Productivity
   presented by: Harald Fadinger, University of Mannheim and CEPR
 
Session: H9: Structural Changes
June 30, 2019 13:30 to 15:10
3228
 
Session Chair: Yoosoon Chang, Indiana University
 

The Regional Composition of National House Price Cycles in the US
   presented by: Torsten Schmidt, RWI
 

Understanding Persistent Stagnation
   presented by: Sanjay Singh, University of California, Davis
 

Expectation Effects of Switching Financial Frictions
   presented by: Yoosoon Chang, Indiana University
 

Long-Run Market Configurations in a Dynamic Quality-Ladder Model with Externalities
   presented by: Mario Samano, HEC Montreal
 

74 sessions, 288 papers, and 0 presentations with no associated papers
 
Index of Participants

Legend: C=chair, P=Presenter, D=Discussant
#ParticipantRoles in Conference
2Ahn, Hie JooP11, C11
3Ajello, AndreaP9, C9
4Aksoy, YunusP69, C69
5Alpanda, SamiP21
6Anaya, PabloP64
7Anderson, GaryP12
8Aoki, KosukeP17
9Arai, NatsukiP42
10Arioli, RodolfoP39
11Ashwin, JulianP28
12Asimakopoulos, StylianosP44
13Atolia, ManojP45
14Awwal, FaisalP31
15Azinovic, MarlonP72
16Baek, SeungjunP23
17Barde, SylvainP61, C61
18Bargigli, LeonardoP48
19Barker, EmilyP52
20Basso, HenriqueP40
21Basu, SumanP22
22Bauducco, SofiaP15
23Bergholt, DragoP40, C40
24Bernard, Jean-ThomasP30
25Bettendorf, TimoP20
26Bhattarai, SarojP13, C13
27Blengini, IsabellaP64, C64
28Boehl, GregorP68
29Bosco, DavideP65
30Brenneisen, Jan-NiklasP32
31Brumm, JohannesP39
32Caines, ColinP17
33Cairo, IsabelC33
34Canon, CarlosP51
35Cao, ShutaoP58
36Caporale, Guglielmo MariaP5
37Carrillo, JulioP5, C5
38Casares, MiguelP49
39Champagne, JulienP42
40Chang, YoosoonP74, C74
41Chelva, BeulahP20, C20
42Claudio, JoãoP37
43Colombo, ValentinaP34
44Converse, NathanP4
45Costain, JamesP52
46Cozzi, MarcoP18, C18
47Croushore, DeanP67
48Damdinsuren, ErdenebulganP66
49Damjanovic, TatianaP40
50Datta, SoumyaP56
51de Blas, BeatrizP15
52de Walque, GregoryP54, C54
53Deák, SzabolcsP24
54Denderski, PiotrP36, C36
55Di Nola, AlessandroP19, C19
56Di Pietro, MarcoP63
57Djeutem, EdouardP23, C23
58Dmitriev, AlexandreP66
59Domenech, RafaelP25
60Duineveld, SijmenP21
61Durdu, BoraP22, C22
62End, NicolasP10
63Esady, VaniaP71
64Ettmeier, StephanieP65
65Eydam, UlrichP19
66Fadinger, HaraldP73
67Feigenbaum, JamesP1
68Ferreira-Lopes, AlexandraP17, C17
69Finck, DavidP57
70Finkelstein-Shapiro, AlanP55, C55
71Forlati, ChiaraP73, C73
72Francis, NevilleP40
73Furlanetto, FrancescoP42
74Gaffeo, EdoardoP8
75Gaillard, AlexandreP27
76Garabedian, GaroP70
77Garcia Alvarado, FernandoP2
78Georges, ChristophreP62, C62
79Giesen, SebastianP68
80Gil, PedroP35
81Gingras, SamuelP7
82Giovannini, MassimoP59
83Gomme, PaulP59, C59
84Gornemann, Nils MattisP4
85Gornicka, LucynaP6
86Gornostaev, DmitriyP60
87Goy, GavinP37
88Grüning, PatrickP31
89Grevenbrock, NilsP18
90Grimaud, AlexP16, C16
91Groshenny, NicolasP33
92Gross, IsaacP36
93Guarda, SebastianP2
94Guentner, JochenP30
95Guerini, MattiaP62
96Guerra-Salas, JuanP52, C52
97Guisinger, AmyP16
98Gunn, ChristopherP58, C58
99Hagenhoff, TimP56
100Hahn, ElkeP11
101Haider, AlexanderP30
102Hajdini, InaP66
103Halberstadt, ArneP60
104Hart, JanineP54
105Harting, PhilippP8, C8
106Hauser, DanielaP67, C67
107Hennequin, MyrnaP38
108Herman, UrosP3, C3
109Higgins, RichardP66, C66
110Hinterlang, NataschaP71
111Hirose, YasuoP5
112Hofmann, MauriceP19
113Holden, TomC14, P58
114Hommes, CarsP29, C29
115Huber, StefanieP10
116Hubert, OlivierP20
117Iiboshi, HirokuniP72, C72
118Ilori, AyobamiP55
119Imura, YukoP73
120Ingholt, MarcusP6
121Istomin, RomanP72
122Jacob Leal, SandrineP38, C38
123Jang, YoungsooP26
124Janiak, AlexandreP44
125Jo, In HwanP45
126Johri, AlokP4, C4
127Juillard, MichelP45, C45
128Jurkatis, SimonP53
129Kabaca, SerdarP23
130König, TobiasP63
131Khan, ShahedP4
132Kichian, MaralP67
133Kiiashko, SergiiP64
134Kina, OzlemP34
135Kirsanova, TatianaP25
136Kitano, ShigetoP58
137Koh, DongyaP12
138Kohlweyer, DirkP8
139Kolasa, MarcinP35, C35
140Kostyshyna, OlenaP63, C63
141Krause, ChristopherP18
142Kristoufek, LadislavP51
143Kukacka, JiriP57, C57
144Kurter, ZeynepP60, C60
145Lago Alves, SergioP9
146Lambertini, LuisaP25, C25
147Langot, FrancoisP3
148LeBaron, BlakeP47
149Lee, SoyoungP1
150Lee, Seung JungP7, C7
151Lee, DaeyupP6, C6
152Lepetit, AntoineP33
153Lepetyuk, VadymP45
154LEUNG, CHEUK SHINGP69
155Levine, PaulP24, C24
156Li, ChangtaiP48, C48
157Lin, Hung-WenP48
158Lin, ZhenjiangP39
159Lopez-Martin, BernabeP13
160Lorusso, MarcoP51, C51
161Lozej, MatijaP3
162Lubik, ThomasP24
163Luna Alpizar, Jose LuisP35
164Macchiarelli, CorradoP57
165Macnamara, PatrickP46
166Makarewicz, TomaszP57
167Maliar, LiliaP39, C39
168Malkhozov, AytekP37, C37
169Mallick, DebdulalP46
170Marsal, AlesP50
171Martin, CarolinP48
172Martinez-Garcia, EnriqueP56, C56
173Massaro, DomenicoP16
174McCulloch, J. HustonP7
175McNelis, PaulP53, C53
176Melina, GiovanniP43
177Memarian, MahsaP13
178Meyer-Gohde, AlexanderP61
179Mihailov, AlexanderP59
180Mineyama, TomohideP18
181Mirfatah, MaryamP17
182Moreland, TimothyP21
183Morita, RubensP65
184Mućk, JakubP32
185Nakashima, KiyotakaP32
186Napoletano, MauroP29
187Naudon, AlbertoP35
188Nelson, GenevieveP50
189Neunhoeffer, FriederP38
190Niu, ShileiP28, C28
191Notarpietro, AlessandroP59
192Nuguer, VictoriaP44
193Nutahara, KengoP14
194Odendahl, FlorensP70, C70
195Oh, HyunseungP21, C21
196Okano, EijiP46
197Oldham, MatthewP62
198Ortiz, MarcoP61
199Otten, JuliaP36
200Ozaki, TatsuyaP61
201Paccagnini, AlessiaP71
202Palmer, NathanP8
203Paredes, JoanP14
204Park, AyoungP47
205Pascal, JulienP26
206Pedersen, MichaelP41, C41
207Perego, EricaP41
208Perez Forero, FernandoP41
209Peri, AlessandroP12
210Petersen, LubaP29
211Pfeiffer, PhilippP55
212Pitson, ChristineP62
213Polattimur, HamzaP50
214Poledna, SebastianP12, C12
215Pritsker, MatthewP34
216Proebsting, ChristianP34, C34
217Puch, LuisP51
218Rabanal, Jean PaulP10, C10
219Ranasinghe, AshanthaP1, C1
220rastouil, jérémyP3
221Ravenna, FedericoP13
222Reitz, StefanP31, C31
223Reza, AbeerP64
224Richter, AlexanderP9
225Riedler, JesperP68
226Robstad, ØrjanP9
227Rossi, LorenzaP49
228Rouillard, Jean-FrançoisP15
229Roussellet, GuillaumeP56
230Rozsypal, FilipP49, C49
231Rud, OlgaP10
232Sabuco, JuanP44, C44
233Salgado Moreno, MauricioP63
234Salle, IsabelleP16
235Samano, MarioP74
236Sanford, AnthonyP28
237Sargent, KristinaP54
238Scharrer, ChristianP19
239Schön, MatthiasP27, C27
240Schiman, StefanP52
241Schmidt, TorstenP74
242Schmidt, SebastianP68, C68
243Schmitt, NoemiP47, C47
244Seleznev, SergeiP71, C71
245Shen, WenyiP65, C65
246Siena, DanieleP25
247Sim, JaeP33
248Singh, SanjayP74
249Sinha, ArunimaP43, C43
250Soques, DanielP70
251Stähler, NikolaiP73
252Stevanovic, DaliborP42, C42
253Strobel, JohannesP43
254Strobel, FelixP43
255Suda, JacekP15, C15
256Sunakawa, TakekiP1
257Swarbrick, JonathanP14
258Tai, Chung-ChingP38
259Tayler, WilliamP6
260Tetlow, RobertP69
261Throckmorton, NathanielP31
262Toda, Alexis AkiraP72
263Tracey, BelindaP50, C50
264Tremblay-Boire, JoannieP20
265Tsai, Yi-ChanP2, C2
266Tsyrennikov, ViktorP22
267Tuzemen, DidemP11
268Ulvedal, PålP33
269Uysal, PinarP60
270Uzeda, LuisP70
271Valaitis, VytautasP26, C26
272van Norden, SimonP7
273Van Zandweghe, WillemP46, C46
274Vermandel, GauthierP49
275Veryzhenko, IrynaP53
276Vidangos, IvanP27
277Villa, AlessandroP28
278Wanengkirtyo, BoromeusP67
279Wesołowski, GrzegorzP55
280Wohlfarth, PaulP22
281Xiao, QinP30, C30
282Xie, TP24
283Xu, YizhiP37
284Yamamoto, RyuichiP53
285Yang, GuanyiP27
286Yip, TerryP54
287Zhang, BoyuanP69
288Zhang, XuP11
289Zhang, YuP47
290Zivanovic, JelenaP32, C32

 

This program was last updated on 2019-06-17 14:45:27 EDT