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Workshop on Macroeconomic Policy and Expectations

12 September 2013

Castlecliffe, School of Economics & Finance
University of St Andrews

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Thursday 12th September 2013

9:00 - 9:30 Welcome Coffee
Morning Session: 9:30 - 1:00
9:30 - 10:15 Seppo Honkapohja (Bank of Finland)
"Targeting Nominal GDP or Prices: Expectation Dynamics and the Interest Rate Lower Bound"
10:15 - 11:00 Rafael Wouters (Research Department, National Bank of Belgium)
"Endogenous risk in a DSGE model with capital-constrained financial intermediaries"
11:00 - 11:30 Coffee Break
11:30 - 12:15 Tony Yates (Bristol)
"Monetary Policy Delegation and Equilibrium Coordination"
12:15 - 13:00 Agnieszka Markiewicz (Erasmus University Rotterdam)
"Adaptive Learning and Survey Data"
13:00 - 14:30 Lunch
Afternoon Session: 14:30 - 17:15
14:30 - 15:15 George Evans (Oregon and St Andrews)
"Learning to Optimize"
15:15 - 16:00 Emanuel Gasteiger (ISCTE-IUL, Lisbon)
"Do Heterogeneous Expectations Constitute a Challenge for Policy Interaction?"
16:00 - 16:30 Coffee Break
16:45 - 17:45 Pei Kuang (Birmingham)
"Imperfect Knowledge about Asset Prices and Credit Cycles"
18:45 Dinner at Nahm-Jim's (By Invitation Only)