University of Pavia

Department of Economics and Quantitative Methods

Anglo – French - Italian

Macroeconomic Workshop

Pavia, 4-5 April 2008

Ex-Chiesa di San Felice, Facoltà di Economia

 

Program

 

Friday, 4 th April

 

9:45 Opening: Welcome by the Dean of the Faculty of Economics

Chairman: Guido Ascari, University of Pavia

 

10.00: Learning and Price Volatility in Duopoly Models of Resource Depletion

Martin Ellison, University of Oxford

Discussant: Ulf Soderstrom, IGIER – Bocconi University, Milan

 

11:00: Disinflation Shocks in the Eurozone: A DSGE Perspective

Patrick Feve, University of Tuolouse

Discussant: Tony Yates, Bank of England

 

12:00: Gerontocracy and Economic Decline: An Italian Tale

Giorgio Bellettini, University of Bologna

Discussant: Bertrand Wigniolle, University of Paris I Panthéon-Sorbonne, CNRS and Eurequa

 

13.00: Lunch

 

Chairman: Tommaso Monacelli, IGIER – Bocconi University, Milan

14:30: On policy interactions among nations: when do cooperation and commitment matter

Hubert Kempf, University of Paris 1

Discussant: Paolo Manasse, University of Bologna

 

15:30: Portfolio Choices with Near Rational Agents: A Solution of Some International-Finance Puzzles

Pierpaolo Benigno, LUISS University - Rome

Discussant: Stephane Guibaud, London School of Economcis

 

16:30 17:00 Coffee Break

 

17:00: Two saddles and a source: multiple equilibria with an endogenous markup

Huw Dixon, Cardiff University

Discussant: Stefano Bosi, University of Lille

 

18:00: Endogenous Market Structures and the Business Cycle

Federico Etro, University of Milan-Bicocca

Discussant: Liam Graham, University College of London

 

20:30: Dinner

 

Saturday, 5 th April

Chairman. Luca Sala, IGIER – Bocconi University, Milan

9:00: Identification of New Keynesian Phillips Curves from a Global Perspective

Vanessa Smith, University of Cambridge

Discussant: Luca Fanelli, University of Bologna

 

10:00: Debt and the Effects of Fiscal Policy

Carlo Favero, IGIER – Bocconi University, Milan

Discussant: Eric Girardin, University of Aix Marseille II -GREQAM

 

10:00 10:20 Coffee Break

 

11:20: Taylor Rules Cause Fiscal Policy Ineffectiveness

Neil Rankin, University of Warwick

Discussant: Giancarlo Marini, University of Rome - Tor Vergata

 

12:20: Interest Rate Rules and Global Determinacy: An Alternative to the Taylor Principle

Jean Pascal Benassy, CEPREMAP

Discussant: Gianluca Femminis, Catholic University of Milan

For each paper, the author has 40 minutes and the discussant 10 minutes, with a further 10
minutes allocated for general discussion.

ORGANIZERS

Guido Ascari, University of Pavia

Eric Girardin, University of Aix Marseille II -GREQAM

 

PRACTICAL INFORMATIONS

LOCAL ORGANIZERS

Guido Ascari, Email: guido.ascari at unipv.it
Nicola Branzoli, Email: nicolabranzolihc at gmail.com
Rosalba Longhi, Email: rosalba at eco.unipv.it

Instructions on how to reach Pavia

Map of the city centre of Pavia showing how to get to the Faculty of Economics from the train station (10-15 minutes walking). The number 16 on the map is the church Chiesa del Carmine, very close to the Faculty of Economics.