Federal Reserve Board: Program
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Central Bank Workshop on Macroeconomic Modeling
September 26-27, 2002

Program

Workshop
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Program

Hotel and Transportation

About
Washington, D.C.

Map [PDF 32 KB]
September 26 -- Board Room, Eccles Building

8:15 - 9:00 a.m.

Continental Breakfast

9:15 - 10:30 a.m.

Olivier Basdevant, and David Hargreaves, Reserve Bank of New Zealand
Modelling Structural Change: The Case of New Zealand (Full paper, 497 KB PDF)

Discussant: Douglas Laxton, International Monetary Fund

10:30 - 10:45 a.m.

Coffee Break

10:45 a.m. - 12:00 p.m.

Luca Benati, Bank of England
Investigating Inflation Persistence Across Monetary Regimes (Full paper, 1.5 MB PDF)

Discussant: Andrew Levin, Federal Reserve Board

12:15 - 1:45 p.m.

Lunch in Dining Room L, Martin Building

2:00 - 3:15 p.m.

Christopher Erceg, Luca Guerrieri, and Christopher Gust, Federal Reserve Board
Productivity Growth and the Trade Balance in the 1990s: the Role of Evolving Perceptions (Abstract, 263 KB PDF)

Discussant: Raf Wouters, National Bank of Belgium

3:15 - 3:30 p.m.

Coffee Break
3:30 - 4:45 p.m.

Michael Ehrmann, European Central Bank
Martin Ellison, University of Warwick
The Changing Response of U.S. Industry to Monetary Policy (Full paper, 268 KB PDF)

Discussant: Jiming Ha, Hong Kong Monetary Authority

4:45 - 5:00 p.m.

Exchange of ideas on the format of future workshops

7:00 p.m.

Dinner at La Chaumière, 2813 M Street, N.W., Washington, D.C.

September 27 -- Board Room, Eccles Building

8:15 - 9:00 a.m.

Continental Breakfast

9:00 - 10:15 a.m.

Peter Stalder, Swiss National Bank
The Changing Role of Foreign Labor and Potential Structural Instabilities in an Econometric Macromodel for Switzerland (Full paper, 406 KB PDF)

Discussant: David Reifschneider, Federal Reserve Board

10:15 - 10:30 a.m.

Coffee Break

10:30 - 11:45 a.m.

Stefano Siviero and Daniele Terlizzese, Banca d'Italia
The Role of National Information in Euro Area Monetary Policy-Making: Bound to Vanish on the Way to Full Convergence? (Full paper, 738 KB PDF)

Discussant: Ricardo Mestre, European Central Bank

12:00 - 1:30 p.m.

Lunch in Dining Room L, Martin Building
1:45 - 3:00 p.m.

David Gruen, Tim Robinson, and Andrew Stone, Reserve Bank of Australia
The Output Gap in Real-Time: Is It Reliable Enough to Use for Monetary Policy? (Full paper, 292 KB PDF)

Discussant: Andrew Rennison, Bank of Canada

3:00 - 3:15 p.m.

Coffee Break
3:15 - 4:30 p.m.

Peter McAdam and Ricardo Mestre, European Central Bank
Evaluating Macro-Modelling Systems: An Application to the Area Wide Model (Full paper, 514 KB PDF)

Discussant: Eva Ortega, Bank of Spain

4:30 p.m.

Concluding Remarks

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Last update: September 20, 2002