Salento Macro Meetings 2025
Salento Macro Meetings 2025
Hotel Risorgimento - Lecce, Italy
Hotel Risorgimento - Lecce, Italy
July 1-2
July 1-2
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Tuesday July 1st
9:30
Welcome
Gaetano Gaballo (HEC Paris, CEPR), Francesco Pappadà (Ca’ Foscari, PSE)
09:45-10:30
Invited talk
A New Keynesian Open Economy Model with Frictional Bond and Currency Markets
Pierre-Olivier Gourinchas, Walker Ray, Dimitri Vayanos (London School of Economics)
10:30-11:15
Firm Expectations, Innovation and Growth
Georg Duernecker, Marek Ignaszak (Goethe University Frankfurt), Jisu Jeun, Leo Kaas
Discussant: Francesco Pappadà (Ca’ Foscari, PSE)
11:15-11:30
Coffee break
11:30-12:15
Tradeoffs for the poor, divine coincidence for the rich
Marco Del Negro, Ibrahima Diagne, Keshav Dogra (FED New York), Pranay Gundam, Donggyu Lee, Brian Pacula
Discussant: Aicha Kharazi (University Of Exeter)
12:15-13:00
What Can Measured Beliefs Tell Us About Monetary Non-Neutrality?
Hassan Afrouzi, Joel P. Flynn (Yale University), Choongryul Yang
Discussant: Mishel Ghassibe (CREI)
13:00-14:00
Lunch
14:00-14:45
Invited talk
The Optimal Monetary Policy Response to Tariffs
Javier Bianchi (FED Minneapolis), Louphou Coulibaly
14:45-15:30
Collateral Advantage: Exchange Rates, Capital Flows, and Global Cycles
Michael B. Devereux, Charles Engel (University of Wisconsin, NBER and CEPR), Steve Pak Yeung Wu
Discussant: Diego Bohorquez (Banca d’Italia)
15:30-15:45
Coffee break
15:45-16:30
Corporate Debt Structure over the Global Credit Cycle
Nina Boyarchenko (FED New York, CEPR and CesIfo), Leonardo Elias
Discussant: Husnu Dalgic (University of Mannheim)
18:30
Guided tour of Lecce
20:00
Social dinner
Wednesday July 2nd
09:30-10:15
Invited talk
Narratives about the Macroeconomy
Peter Andre, Ingar Haaland, Christopher Roth, Mirko Wiederholt (LMU Munich), Johannes Wohlfart
10:15-11:00
Information Spreads
Antonio Falato, Joseph Kaboski, Jasmine Xiao (University of Notre Dame)
Discussant: Leonardo Elias (FED New York)
11:00-11:15
Coffee break
11:15-12:00
Disentangling Monetary Policy, Central Bank Information, and Fed Response to News Shocks
Marek Jarociński, Peter Karadi (European Central Bank, CEPR)
Discussant: Sylverie Herbert (Banque de France)
12:00-12:45
ERC presentation
Asset Purchases and Heterogeneous Beliefs
Gaetano Gaballo (HEC Paris, CEPR), Carlo Galli
12:45-14:00
Lunch
15:30
Bus departure to Porto Selvaggio (Ionian Sea)
Organizers:
Gaetano Gaballo (HEC Paris, CEPR)
Francesco Pappadà (Ca' Foscari, PSE)
The organizers kindly acknowledge the financial support from CEPREMAP and the SCOR Macroeconomic Risk Chair at PSE. Gaetano Gaballo acknowledges funding from the European Research Council (ERC) under the European Union’s Horizon Europe research and innovation programme (Grant agreement No 101088411).
Call for papers
The eighth edition of the Salento Macro Meetings will take place in Lecce, Italy on the 1st and 2nd of July 2025. The objective of this event is to bring distinguished researchers in Macroeconomics in the relaxed and fruitful atmosphere of Salento, the peninsula located in the southernmost region of Apulia, Italy.
We welcome submissions of theoretical or empirical papers addressing issues including:
Monetary Policy in Closed and Open Economies
Macro-Financial Risk
Inflation and Expectations
Firm Dynamics and the Macroeconomy
Submissions from members of under-represented groups in the profession are encouraged.
Invited speakers of this edition are:
Javier Bianchi (Federal Reserve Bank of Minneapolis)
Dimitri Vayanos (London School of Economics and CEPR)
Mirko Wiederholt (LMU Munich and CEPR)
The organisers kindly acknowledge financial support from CEPREMAP, the SCOR Macroeconomic Risk Chair at PSE and the European Research Council (ERC). Limited funding for speakers and discussants is available upon request, with priority given to more junior participants.
The deadline for submission is Thursday 10 April 2025.
Organisers:
Gaetano Gaballo (HEC Paris, CEPR)
Francesco Pappadà (Ca’ Foscari University of Venice, PSE)
Submission link: https://cepr.org/events/salento-macro-meetings-2025
Location
Location
Lecce is located at the heart of Salento, the peninsula at the southern end of the administrative region of Puglia, Italy. The region is well known for its natural landscapes, like the beaches on the Adriatic and Ionian Sea as well as for the rich Baroque architectural monuments. The closest airport is Brindisi, which is about 40km north of Lecce.
Previous editions
Previous editions
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