Programme for ‘The transmission of international shocks to open economies’
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Thursday 16 December 2010 |
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8.15-8.45 |
Registration and tea/coffee |
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8.45-9am |
Welcome and opening Governor Alan Bollard |
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Session 1 |
Chair: Christie Smith |
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9am-9.30 |
The changing international transmission of financial shocks: Evidence from a classical time-varying FAVAR Sandra Eickmeier |
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9.30-9.50 |
Discussant: Fabio Canova (PDF 50 KB) General discussion |
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9.50-10.20 |
Shocked by the World! Introducing the three block open economy FAVAR (PDF 538 KB) and presentation slides (PDF 661 KB) Özer Karagedikli |
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10.20-10.40 |
Discussant: Ayhan Köse (PDF 60KB) General discussion |
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10.40-11.10 |
Morning tea |
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Session 2 |
Chair: Nicolas Groshenny |
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11.10-12.10 |
Keynote speech Resilience and growth amid global turmoil Ayhan Köse |
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12.10-12.30 |
General discussion |
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12.30-1.30 |
Lunch |
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Session 3 |
Chair: Viv Hall |
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1.30-2pm |
Financial intermediation and the international business cycle (PDF 414KB ) and presentation slides (PDF 396KB) Christoph Thoenissen |
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2pm-2.20 |
Discussant: Tommaso Monacelli (PDF 215KB) General discussion |
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2.20-2.50 |
The role of monetary policy during the global financial crisis: The Turkish experience (PDF 473KB) and presentation slides (PDF 738 KB) Selim Elekdağ |
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2.50-3.10 |
Discussant: Anella Munro (PDF 303KB) General discussion |
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3.10-3.40 |
Afternoon tea |
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Session 4 |
Chair: Christoph Thoenissen |
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3.40-4.10 |
Dissecting the dynamics of the US trade balance in an estimated equilibrium model and presentation slides (PDF 760 KB) Punnoose ‘Reuben’ Jacob |
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4.10-4.30 |
Discussant: Anna Lipinska (PDF 80 KB) General discussion |
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4.30-5pm |
Imbalances, exchange-rate misalignments, and monetary policy (300KB) and presentation slides (PDF 386 KB) Sylvain Leduc |
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5pm-5.20 |
Discussant: Christoph Thoenissen (PDF 66KB) General discussion |
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Friday 17 December 2010 |
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8.45-9am |
Welcome |
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Session 1 |
Chair: Leo Krippner |
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9am-9.30 |
The yield curve in a small open economy (230KB) and presentation slides (PDF 8.2 MB) Mariano Kulish |
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9.30-9.50 |
Discussant: Leo Krippner (PDF 138 KB) General discussion |
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9.50-10.20 |
The effects of asymmetric information between borrowers and lenders in an open economy (PDF 341 KB) and presentation slides (PDF 227 KB) Iris Claus |
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10.20-10.40 |
Discussant: Sylvain Leduc (PDF 72KB) General discussion |
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10.40-11.10 |
Morning tea |
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Session 2 |
Chair: Renée Fry |
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11.10-12.10 |
Keynote speech The New Keynesian approach to exchange rate policy analysis: Looking forward (PDF 800KB) and presentation slides (PDF 800 KB) Tommaso Monacelli |
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12.10-12.30 |
General discussion |
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12.30-1.30 |
Lunch |
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Session 3 |
Chair: Günes Kamber |
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1.30-2pm |
A comparison of seven crises (PDF 605KB) and presentation slides (PDF 483 KB) Renée Fry |
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2pm-2.20 |
Discussant: John Randal (PDF 32KB) |
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2.20-2.50 |
Policy trade-offs and international spillover effects at the zero bound (PDF 262KB) and presentation slides (PDF 295 KB) Anna Lipinska |
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2.50-3.10 |
Discussant: James Yetman (PDF 392KB) |
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General discussion |
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3.10-3.40 |
Afternoon tea |
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Session 4 |
Chair: Özer Karagedikli |
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3.40-4.10 |
Club Med? Cyclical fluctuations in the Mediterranean basin (PDF 330KB) and presentation slides (PDF 314 KB) Fabio Canova |
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4.10-4.30 |
Discussant: Özer Karagedikli (PDF 327KB) |
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General discussion |
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4.30-4.40 |
Concluding remarks |
