3rd HenU / INFER Workshop on Applied Macroeconomics 2017

 March 17th and 18th 2017

 

During the last years dynamic macroeconomics experienced a revolution. With central banks all over the world hitting the zero lower bound and resorting to quantitative easing, the workhorse models used in quantitative macro that were built around central banks who set the interest reate, became almost impossible to apply. Almost a decade after the beginning of the Great Recession, it remains a key challenge to the profession to understand macroeconomic dynamics in a time, where the nominal interest rate is close to zero, monetary policy is based on quantities, and growth is persistently depressed.

On March 17th and 18th 2017 the School of Economics of Henan University (HenU) and the International Network for Economic Research (INFER) devoted their third joint workshop on applied macroeconomics to those and related issues.

 

Program

 

Keynote lectures

Harald Uhlig

Department of Economics, University of Chicago

and

Fabio Canova

Pierre Werner Chair, European University Institute

2nd HenU / INFER Workshop on Applied Macroeconomics

18-19 March 2016, Henan (China)

 

jointly organized by

School of Economics of Henan University (HenU)

International Network for Economic Research (INFER)

 

Ever since the outbreak of the great financial crisis, economists have to face the question why our profession failed to foresee the crisis. Thus, our understanding of business cycles and our forecasting techniques have been subject to intense scrutiny, not only from outside the profession but mainly from inside. The consensus that emerged during the so called Great Moderation, that is now considered a brewing storm rather than a phase of prosperity, has crumbled. At the same time, with a potential structural break only a few years back, new challenges arose for the analysis and prediction of business cycle fluctuation. Therefore, it is more important than ever to work on the empirical understanding of the business cycle and to improve our toolbox for forecasting, in particular forecasting in ime of crisis and forecasting crisis.

On March 18th and 19th the School of Economics (HenU) and the International Network for Economic Research (INFER) devoted their second joint workshop on applied macroeconomics to these and related issues.

 

Program

 

Conference Venue

Kaifeng Zhongzhou International Hotel

No. 9, Daliang Street, Kaifeng, Henan, China

 

Keynote lectures

Kenneth D. West

John D. MacArthur and Ragnar Frisch Professor of Economics / Department of Economics, University of Wisconsin - Madison

Barbara Rossi

Department of Business and Economics, Universitat Pompeu Fabra

Yoshino Naoyuki

Dean of the Asian Development Bank, Tokyo

1st HenU / INFER Workshop on Applied Macroeconomics

18-19 March 2015, Henan (China)

 

jointly organized by

School of Economics of Henan University (HenU)

International Network for Economic Research (INFER)

 

Ever since the outbreak of the global financial crisis after Lehman Brothers filed bankruptcy in September 2008, central banks across the globe have reacted with an unprecedented expansion of money supply. The profession is split on the assessment of those policies. While many deem it a necessary response that prevented a second great recession, other believe that the loose monetary was the fundamental reason behind the crisis in the first place and warn that new bubbles on the international asset markets have already started. Therefore, the empirical analysis of monetary policy, decision making of central banks, international impacts of monetary policy, and the accurate measurement of assessment of the indicators that drive the money market are more important that ever before.

On March 18th and 19th 2015 the School of Economics at Henan University (HenU) and the International Network for Economic Research (INFER) organized their first joint workshop on applied macroeconomics on those and related topics. The organizers welcomed more than 30 participants from China and the US, Germany, Spain, Serbia, Belgium, Switzerland, Japan, UK and Finland.

 

Program

 

Conference Venue

Kaifeng Zhongzhou International Hotel

No. 9, Daliang Street, Kaifeng, Henan, China

 

Keynote lecture

William A. Barnett

Oswald Distinguished Professor of Macroeconomics, University of Kansas
Director of the Center for Financial Stability, New York City