2009

Advances in Macroeconomic Theory and Policy

October 24-25, 2009

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

Venue: Sala del Consiglio. Facoltà di Economia (2nd floor, Dean’s building), Università degli Studi di Roma "La Sapienza" Via del Castro Laurenziano, 9 - 00161 Roma (Underground, Line B, station Policlinico).

October 24, 2009

13.30 Registration.

• 14.00 Pierpaolo Benigno (Luiss) Unemployment and productivity in the long run: The role of macroeconomic volatility..
  Discussant Francesco Nucci (Sapienza University of Rome)

• 15.00 Patrizio Tirelli (University of Milan, Bicocca) Optimal inflation rate revisited.
  Discussant Matteo Fragetta (University of Salerno).

• 16.00 Coffee break

• 16.15 Stephan Fahr (European Central Bank) Macroeconomic implications of downward wage rigidities.
  Discussant Laura Bisio (Sapienza University of Rome and ISTAT)

• 17.15 Lilia Cavallari (University of Rome III) Firms’ entry, monetary policy and the international business cycle.
  Discussant Paolo Paesani (University of Rome Tor Vergata)

• 18.15 Nicola Acocella (Sapienza University of Rome) Financial frictions and labor markets.
  Discussant Federico Signoretti (Bank of Italy)

20.00 Conference dinner.

October 25, 2009

• 9.00 Peter Claeys (University of Barcelona) Fiscal policy and economic stability: Does PIGS stand for procyclicality in government spending?.
  Discussant Simone Auer (Bank of Italy).

• 10.00 Andrew Hughes Hallett (George Mason University) Fiscal sustainability using debt targets and available fiscal space.
  Discussant Martin Zagler (Vienna University).

• 11.00 Coffee break.

• 11.20 Michel Juillard (CEPREMAP and Bank of France) Local approximation of DSGE models around the risky steady state.
  Discussant Alessandra Pelloni (University of Rome Tor Vergata)

• 12.20 Barbara Annicchiarico (University of Rome Tor Vergata) Productivity growth and volatility: How important are wage and price rigidities?.
  Discussant Vincenzo Cuciniello (Bank of Italy)

14.00 Conference lunch.

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