2008

Central Banks, Fiscal Policies and Unionized Labor Markets: The role of Different Institutions

Febraury 1-2, 2008

Organizers: Nicola Acocella (University of Rome La Sapienza) and Giovanni Di Bartolomeo (University of Teramo).

Venue: Aula del Consiglio, Facoltà di Economia, Università di Roma La Sapienza. Via del Castro Laurenziano 9 (2nd floor), 00161, Roma, Italia.

The workshop is funded by MIUR through PRIN 2005.

1st February 2008

9.00 Workshop opening

Chairman: Nicola Acocella

• 9.15 Salvatore Nisticò Fiscal deficits, current account dynamics and monetary policy.
  Discussant Lilia Cavallari

• 10.15 Lorenzo Forni The GE effects of fiscal policy estimates for the EU area.
  Discussant Massimiliano Tancioni

• 11.15 Coffee break

• 11.30 Patrizio Tirelli Trend inflation as a disciplining device in a general equilibrium model.
  Discussant Pierpaolo Benigno

• 12.30 Peter Claeys Estimating the effects of fiscal policy under the budget constraint.
  Discussant Nicola Giammarioli

13.30 End of the session

13.30 Lunch

Chairman: Luisa Lambertini

• 14.15 Alex Cukierman Fiscal policy, labour unions and monetary institutions: Their long run impact on unemployment, inflation and welfare.
  Discussant Luca Onorante

• 15.15 Andrea Boitani Labour market imperfections, “divine coincidence” and volatility of employment and inflation.
  Discussant Francesco Giuli

• 16.15 Coffee Break

• 16.30 Vincenzo Cuciniello The effect of macroeconomic institutions on economic performance in a general equilibrium model.
  Discussant Alberto Dalmazzo

• 17.30 Benedicta Marzinotto Why so much wage restraint in EMU? The role of country size – Integrating trade theory with monetary policy regime accounts.
  Discussant Francesco Farina

• 18.30 Mirko Abbritti Labor market rigidities and the business cycle: Price vs. quantity restricting institutions.
  Discussant Fabrizio Mattesini

19.30 End of the session

20.00 Dinner

2nd February 2008

Chairman: Francesco Farina

• 9.15 Luisa Lambertini Is U.S. fiscal policy optimal?.
  Discussant Paolo Paesani

• 10.15 Francesco Giuli Central bank transparency and fiscal policy under multiplicative uncertainty.
  Discussant Daniele Terlizzese

• 11.15 Coffee break

• 11.30 Igor Masten Non-linear growth effects of financial development: Does financial integration matter?.
  Discussant Daniela Federici

• 12.30 Andrea Colciago Endogenous market structure and the business cycle.
  Discussant Stefano Gnocchi

13.30 End of the session and the workshop

Information: nicola.acocella@uniroma1.it or gdibartolomeo@unite.it