Friday 3 September | |
08:30 -09:00 | Coffee and registration |
09:00-09:10 | Welcome address by Hilde C. Bjørnland |
Session I: Financial factors and business cycles | Chair: Kai Leitemo, Norwegian School of Management |
09:15 | Adrian Pagan (University of Technology Sydney): “Exploring the Linkages between Financial Stress and Business Cycles”. Presentation: Pagan Discussant: Luca Sala (Università Bocconi). Slides |
10:15 | Marcelle Chauvet (University of California Riverside): “The Seeds of the 2008-2009 Crisis: the Housing Market and the Business Cycle”. Presentation: Chauvet Discussant: Knut Are Aastveit (Norges Bank). Slides |
11:15 | Coffee break |
11:45 |
Tommaso Monacelli (Università Bocconi):“Mismatch, Banks' Collateral and Business Cycles.”. Presentation: Monacelli Discussant: Junior Maih (Norges Bank). Slides |
12:45-14:00 | Lunch at Norwegian School of Management |
Session II: Fiscal and Monetary Policy | Chair: Steinar Holden, University of Oslo | 14:00 | Morten Ravn (University College London) “Fiscal Policy in an Expectations Driven Liquidity Trap”. Presentation: Ravn Discussant: Espen Moen (Norwegian School of Management). Slides |
15:00 | Mardi Dungey(University of Tasmania): “Fiscal and Monetary Policy Interactions in Australia: a SVAR approach”. Presentation: Dungey Discussant: Ida Wolden Bache (Handelsbanken). Slides |
16:00 | Coffee break |
16:30 | Dario Caldara (Stockholm University): “I walk the Line: the Analytics of Fiscal Multipliers in SVARs”. Presentation: Caldara Discussant: Jørn Inge Halvorsen (Norwegian School of Management). Slides |
19:00 | Dinner at Ekebergrestauranten |
Saturday 4 September | |
Session III Business cycles and predictability | Chair: Hilde C. Bjørnland, Norwegian School of Management |
09:30 | Denise Osborn (University of Manchester):“Changes in International Business Cycle Affiliations”. Presentation: Osborn Discussant: Gunnar Bårdsen (Norwegian University of Science and Technology). Slides |
10:30 | Francesco Ravazzolo (Norges Bank): “Evidence on the Predictability of Oil Prices for US Business Cycles”. Presentation: Ravazzolo Discussant: Efrem Castelnuovo (University of Paduva). Slides |
11:30 | Coffee break |
12:00 | Panel discussion: Anders Vredin (Swedish Centre for Business and Policy Studies), Amund Holmsen (Norges Bank) and Adrian Pagan (University of Technology Sydney). Presentations: Vredin, Holmsen and Pagan |
13:30 | Lunch (Bølgen & Moi Nydalen) and adjourn |