Keynote speakers
Ayhan Köse (the International Monetary Fund)
Tommaso Monacelli (IGIER — Università Bocconi)
Welcome and opening
Governor Alan Bollard (RBNZ)
Programme for Thursday 16 December
Session 1
Session Chair: Christie Smith
The changing international transmission of financial shocks: Evidence from a classical time-varying FAVAR
Presented by: Sandra Eickmeier
Discussant: Fabio Canova
- Download the paper (PDF 50KB)
Shocked by the World! Introducing the three block open economy FAVAR
Presented by: Özer Karagedikli
Discussant: Ayhan Köse
- Download the paper (PDF 539KB)
- Download the presentation (PDF 661KB)
Session 2
Session chair: Nicolas Groshenny
Keynote speech: Resilience and growth amid global turmoil
Presented by: Ayhan Köse
Session 3
Session chair: Viv Hall
Financial intermediation and the international business cycle
Presented by: Christoph Thoenissen
Discussant: Tommaso Monacelli
- Download the paper (PDF 415KB)
- Download the presentation (PDF 396KB)
The role of monetary policy during the global financial crisis: The Turkish experience
Presented by: Selim Elekdag
Discussant: Anella Munro
- Download the paper (PDF 473KB)
- Download the presentation (PDF 738KB)
Session 4
Session chair: Christoph Thoenissen
Dissecting the dynamics of the US trade balance in an estimated equilibrium model
Presented by: Punnoose 'Reuben' Jacob
Discussant: Anna Lipinska
- Download the paper
- Download the presentation (PDF 760KB)
Imbalances, exchange-rate misalignments, and monetary policy
Presented by: Sylvaiun Leduc
Discussant: Christoph Thoenissen
- Download the paper (PDF 302KB)
- Download the presentation (PDF 386KB)
Programme for Friday 17 December
Session 1
Session chair: Leo Krippner
The yield curve in a small open economy
Presented by: Mariano Kulish
Discussant: Leo Krippner
- Download the paper (PDF 230KB)
- Download the presentation (PDF 8.2MB)
The effects of asymmetric information between borrowers and lenders in an open economy
Presented by: Iris Claus
Discussant: Sylvain Leduc
- Download the paper (PDF 341KB)
- Download the presentation (PDF 227KB)
Session 2
Session chair: Renée Fry
Keynote speech: The New Keynesian approach to exchange rate policy analysis: Looking forward
Presented by: Tommaso Monacelli
- Download the paper (PDF 800KB)
- Download the presentation (PDF 800KB)
Session 3
Session chair: Günes Kamber
A comparison of seven crises
Presented by: Renée Fry
Discussant: John Randal
- Download the paper (PDF 604KB)
- Download the presentation (PDF 484KB)
Policy trade-offs and international spillover effects at the zero bound
Presented by: Anna Lipinska
Discussant: James Yetman
- Download the paper (PDF 263KB)
- Download the presentation (PDF 295KB)
Session 4
Session chair: Özer Karagedikli
Club Med? Cyclical fluctuations in the Mediterranean basin
Presented by: Fabio Canova
Discussant: Özer Karagedikli
- Download the paper (PDF 331KB)
- Download the paper (PDF 314KB)