RESERVE BANK OF AUSTRALIA QUANTITATIVE MACROECONOMICS WORKSHOP 2011 AGENDA CALL FOR PAPERS Details its annual Research Workshop on The Reserve BankEvent of Australia is holding “Quantitative Macroeconomics” in Sydney on 15–16 December 2011. The workshop is Thursday, 15 December intended to bringWelcome together academics and practitioners to discuss recent developments 09.25 – 09.30 Jonathan Kearns, Reserve Bank of Australia in macroeconomics. We encourage contributions in all areas of macroeconomics, Session One Jonathan Kearns, Reserve Australia particularly thoseChair relevant to an open economy suchBank as ofAustralia. Time 09.30 – 09.50 Presenter Enrique Mendoza, University of Maryland Financial Innovation, the Discovery of Risk and Macro-prudential Policy 09.50 – 10.00 Discussant Richard Dennis, Australian National University Session Two 10.50 – 11.10 Chair Tim Robinson, Reserve Bank of Australia Presenter Christopher Otrok, University of Missouri KEYNOTE Policies PRESENTERS Those interested in participating Financial Crisis and Macroprudential Enrique Mendoza should e-mail a draft of their paper 11.10 – 11.20 Discussant Luci Ellis, Reserve Bank of Australia (University of Maryland) workshop@rba.gov.au by 11.50 – to 12.10 Presenter Horag Choi, Monash University Tommaso Monacelli 18 September. Authors of acceptedThe Role of Establishment Heterogeneity in Sudden Stops (Università Bocconi) will be notified no later thanMay Li, University of Melbourne 12.10 – papers 12.20 Discussant Volker Wieland 12 October. Session Three (Goethe University Frankfurt) Chair Shaun Vahey, Centre for Applied Macroeconomic Analysis, Australian National University Accommodation will be provided at ORGANISING 14.20 – no 14.40 Presenter Chris Edmond, University of Melbourne COMMITTEE cost to participants. Limited funds and theEdmond Gains from International Trade for travel expenses are available forCompetition, Markups,Chris 14.40 – academic 14.50 DiscussantAttendanceHorag (University of Melbourne) participants. at Choi, Monash University 1 Session Four Jonathan Kearns the workshop is by invitation only. Chair Heather Anderson, Monash University (Reserve Bank of Australia) 15.50 – 16.10 Presenter James Hansen, Reserve Bank of Australia Bruce Preston Papers presented at the workshop Optimal Monetary Policy with Endogenous Capitaland and aAustralian Credit Friction (Columbia University will be posted on the Reserve Bank 16.10 – 16.20 Discussant Bruce Preston, Columbia University and Australian National University National University) of Australia’s website at the end of Shaun Vahey the workshop. (Centre for Applied Macroeconomic Analysis, Australian National University) 1 Partial funding is provided by Australian Conference for Quantitative Macroeconomics, and the College Mark Weder of Business & Economics at the Australian National (University of Adelaide) University. RESERVE BANK OF AUSTRALIA Event Details QUANTITATIVE MACROECONOMICS WORKSHOP Time Friday, 16 December Session Five Chair Michael Plumb, Reserve Bank of Australia 08.30 – 08.50 Presenter Thomaso Monacelli, Università Bocconi, Milan 08.50 – 09.00 Discussant 09.30 – 09.50 Presenter Financial Markets and Unemployment Rodney Strachan, Australian National University Nicolas Groshenny, Reserve Bank of New Zealand Mismatch Shocks and the Natural Rate of Unemployment during the Great Recession 09.50 – 10.00 Discussant CALL FOR PAPERS Session Six James Morley, The University of New South Wales Chris Edmond, University of Melbourne The Reserve BankChair of Australia is holding its annual Research Workshop on Presenter Christoph Thoenissen, Victoria University of Wellington “Quantitative Macroeconomics” inFinancial Sydney on 15–16 Intermediation andDecember the International 2011. Business The Cycle workshop is 11.10 – 11.20 Shaun Vahey, Centre for Applied Macroeconomic Analysis, developments intended to bringDiscussant together academics and practitioners to discuss recent Australian National University in macroeconomics. We encourage contributions in all areas of macroeconomics, Session Seven particularly thoseChair relevant to an open economy such as Australia. Penelope Smith, Reserve Bank of Australia 10.50 – 11.10 13.10 – 13.30 Presenter Greg Kaplan, University of Pennsylvania A Model of the Consumption Response to Fiscal Stimulus Payments 13.30 – 13.40 Discussant Begona Dominguez, University of Queensland Session Eight 14.10 –Those 14.30 Chair interestedPresenter in participating Bruce Preston, Columbia University and Australian National University Alexander Richter, Indiana UniversityPRESENTERS KEYNOTE Consumers Enrique Mendoza should e-mail a draft of their paperThe Fiscal Limit and Non-Ricardian 14.30 –to 14.40 Discussant Mariano Kulish, Reserve Bank of Australia (University of Maryland) workshop@rba.gov.au by 15.10 18 September. Authors Closing Remarks Bruce Preston, Columbia University and Australian National University Tommaso Monacelli of accepted (Università Bocconi) papers will be notified no later than Volker Wieland 12 October. (Goethe University Frankfurt) Accommodation will be provided at ORGANISING COMMITTEE no cost to participants. Limited funds Chris Edmond for travel expenses are available forReserve Bank of Australia Workshop Organisers: Jonathan Kearns (University of Melbourne) academic participants. AttendanceUniversity at Chris Edmond of Melbourne 1 Jonathan Kearns the workshop isBruce by invitation only.Columbia University and Preston Australian National University (Reserve Bank of Australia) Shaun Vahey Centre for Applied Macroeconomic Analysis, Australian National University Papers presented atWeder the workshop University of Adelaide Bruce Preston Mark (Columbia University and Australian will be posted on the Reserve Bank National University) of Australia’s website at the end of Shaun Vahey the workshop. (Centre for Applied Macroeconomic Analysis, Australian National University) 1 Partial funding is provided by Australian Conference for Quantitative Macroeconomics, and the College Mark Weder of Business & Economics at the Australian National (University of Adelaide) University.