La Banque de France a organisé, les 7, 8 et 9 novembre derniers la seconde conférence annuelle du Cluster 2 de recherche de l’Eurosystème. Les conférences des Clusters de l’Eurosystème visent à favoriser les interactions et collaborations entre chercheurs des Banques Centrales Nationales et de la BCE.
Ces trois journées de conférence ont été l’occasion, pour des chercheurs de l’Eurosystème, de présenter leurs travaux de recherche portant sur la macroéconomie internationale, la politique budgétaire, l’économie du travail, la compétitivité et la gouvernance de la zone euro. Les présentations liminaires du vendredi 9 novembre ont été introduites par Pierre-Olivier Gourinchas (UC Berkeley).
| Wednesday, 7th November |
13:30 – 14:00 | Registration & coffee |
14:00 – 14:30 | Welcome address : Jean-Stéphane Mésonnier (Banque de France - Deputy Director, Directorate Microeconomic and Structural Analysis) Introduction: Antoine Berthou (Banque de France) & James Costain (ECB) |
14:30 – 16:30 | Allocation, finance, & productivity |
| Allocative efficiency & finance |
| Investment, financial frictions & the dynamic effects of monetary policy |
| Local sourcing & production efficiency |
16:30 – 17:00 | Coffee break |
17:00 – 18:00 | Summary of ongoing project-based research |
| Productivity & selection versus reallocation |
| Firm dynamics |
| CompNet |
Thursday 8th November
8:30 – 9:30 | Coffee |
9:30 – 10:50 | Integration vs. Protectionism |
| The cost of trade protectionism: evidence from Spanish firms & non-tariff measures |
| The effects of euro adoption on firm-level exports |
10:50 – 11:30 | Coffee break |
11:30 - 12:10 | A structural quantitative analysis of services trade de-liberalization |
12:30 – 14:00 | Lunch |
14:00 – 16:00 | Protectionism & imbalances |
| Nobody wins: Protectionism & (un)employment in a model-based analysis |
| Global imbalances, labor market reforms & precautionary savings |
| Trade & currency weapons |
16:00 – 16:20 | Coffee break |
16:20 – 18:20 | Productivity, growth, & structural change |
| Connecting to power: Political connections, innovation, & firm dynamics |
| Computer adoption & the changing labor market |
| Endogenous TFP, business cycle persistence, & the productivity slowdown |
20:00 | Conference dinner |
Friday 9th November
8:30 – 9:00 | Coffee |
9:00 – 11:00 | Adjustment of labor markets |
| Short-time work & employment in the Great Recession in France |
| Immigrants, labor market dynamics, & adjustment to shocks in the euro area |
| Labor market asymmetries in a monetary union: implications for optimal policy |
11:00 – 11:30 | Coffee break |
11:30 – 12:30 | Keynote Lecture :Consumption-led growth |
12:30 – 14:00 | Lunch |
14:00 – 15:20 | Fiscal multipliers & fiscal sustainability |
| On the merits of conventional vs. unconventional fiscal policy |
| Sectoral heterogeneity, production networks, & the effects of government spending |
15:20 – 15:40 | Coffee break |
15:40 -17:40 | Fiscal & monetary policy interactions |
| Fiscal & monetary interactions: a strategic approach |
| Dynamic fiscal limits & monetary-fiscal policy interactions |
| Designing QE in a fiscally sound monetary union |
17:40 | Adjourn conference |
Scientific committee:
Antoine Berthou (Banque de France, Cluster 2 coordinator), James Costain (Banco de España, Cluster 2 coordinator), Jan Babecký (Česká Národní Banka), Matteo Bugamelli (Banca d’Italia), Catherine Fuss (Banque Nationale de Belgique), Mathias Hoffmann (Deutsche Bundesbank), Jesper Lindé (Sveriges Riksbank), Paloma López García (European Central Bank), Tairi Rõõm (Eestipank)
Mis à jour le : 05/12/2018 16:05