Veranstaltungen der Abteilung Konjunkturpolitik

112 Ergebnisse, ab 1
10. Juli 2019
DIW Seminar on Macroeconomics and Financial Markets

A Storm but no Damage - Global Equity Market Overreaction and Distorting Arbitrage around Brexit

Speaker: Dirk Baur
Ort: Joan Robinson Room
DIW Berlin
Room 3.3.002a
Mohrenstraße 58
10117 Berlin

The DIW Seminar on Macroeconomics and Financial Markets intends to provide a platform for discussing current research in the field of macroeconomics, financial markets, and applied econometrics. The public is invited to attend. Please contact the coordinators if you want to be put on the mailing list.

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3. Juli 2019
DIW Seminar on Macroeconomics and Financial Markets

Distance(s) and the volatility of international trade(s)

Speaker: Cedric Tille, Graduate Institute Geneva
Ort: Joan Robinson Room
DIW Berlin
Room 3.3.002a
Mohrenstraße 58
10117 Berlin

Abstract: Does distance matter for the volatility of international real and financial transactions? We show that it does, in addition to its well-established relevance for the level of trade. A simple model of trade with endogenous markups shows that demand shocks have a larger impact on trade between more distant countries. We test this implication in two steps, relying on a broad range of real ...

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26. Juni 2019
DIW Seminar on Macroeconomics and Financial Markets

Growing Like Germany: Local Public Debt, Local Banks, Low Private Investment

Speaker: Mathias Hoffmann, University of Zurich
Ort: Joan Robinson Room
DIW Berlin
Room 3.3.002a
Mohrenstraße 58
10117 Berlin

Germany’s persistent current account surplus reflects to a large extent low domestic private investment. We argue that two factors—the local fragmentation of Germany’s banking system and the role of local banks in local public finance—can help explain why investment is so low. Local public banks dominate lending to small and medium firms in many regions of Germany. At the ...

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25. Juni 2019
Veranstaltung

The Anglo-German Annual Lecture
How unfair is GDP?
The half-life of Economic Injustice

Speaker: David Miles, Marcel Fratzscher, Mathilde Richter
Ort: Elinor-Ostrom-Saal
DIW Berlin
Room 1.2.019
Mohrenstr. 58
10117 Berlin

The German Institute for Economic Research (DIW Berlin), the National Institute of Economic and Social Research (NIESR) and the Anglo-German Foundation cordially invite you to The Anglo-German Annual LectureHow unfair is GDP? The half-life of Economic Injustice Professor David Miles Introduction: Rachel King | EU & Economic Counsellor, British Embassy Berlin Ask yourself this: how did I ...

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19. Juni 2019
DIW Seminar on Macroeconomics and Financial Markets

Microforecasting with Individual Forecast Selection

Speaker: Raffaella Giacomini, University College London
Ort: Joan Robinson Room
DIW Berlin
Room 3.3.002a
Mohrenstraße 58
10117 Berlin

The DIW Seminar on Macroeconomics and Financial Markets intends to provide a platform for discussing current research in the field of macroeconomics, financial markets, and applied econometrics. The public is invited to attend. Please contact the coordinators if you want to be put on the mailing list.

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12. Juni 2019
DIW Seminar on Macroeconomics and Financial Markets

Fiscal Policy under Constraints: Fiscal Capacity and Austerity during the Great Depression”

Speaker: Andrea Papadia
Ort: Joan Robinson Room
DIW Berlin
Room 3.3.002a
Mohrenstraße 58
10117 Berlin

The DIW Seminar on Macroeconomics and Financial Markets intends to provide a platform for discussing current research in the field of macroeconomics, financial markets, and applied econometrics. The public is invited to attend. Please contact the coordinators if you want to be put on the mailing list.

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12. Juni 2019
DIW Seminar on Macroeconomics and Financial Markets

Fiscal Policy under Constraints: Fiscal Capacity and Austerity during the Great Depression

Speaker: Andrea Papadia
Ort: Joan Robinson Room
DIW Berlin
Room 3.3.002a
Mohrenstraße 58
10117 Berlin

The DIW Seminar on Macroeconomics and Financial Markets intends to provide a platform for discussing current research in the field of macroeconomics, financial markets, and applied econometrics. The public is invited to attend. Please contact the coordinators if you want to be put on the mailing list.

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5. Juni 2019
DIW Seminar on Macroeconomics and Financial Markets

International spillovers of the Fed and ECB monetary policy surprises

Speaker: Marek Jarocinski, European Central Bank
Ort: Karl Popper Room
DIW Berlin
Room 2.3.020
Mohrenstr. 58
10117 Berlin

This paper uses a structural vector autoregression identified with the high frequency approach to study the international spillovers of the Fed and ECB monetary policy surprises. It distinguishes between the news about monetary policy (monetary policy shocks) and news about the economy in these surprises. The paper finds that the Fed monetary policy shocks have a very strong effect on the euro ...

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22. Mai 2019
DIW Seminar on Macroeconomics and Financial Markets

European unemployment insurance

Speaker: Marek Jarocinski, European Central Bank
Ort: Joan Robinson Room
DIW Berlin
Room 3.3.002a
Mohrenstraße 58
10117 Berlin

The paper explores the scope for a federal unemployment insurance scheme in the euro area. It models a union of atomistic member states that have authority over a wide range of domestic labor-market policies. Member states are faced with idiosyncratic business-cycle shocks, but are prevented from international borrowing.Labor-market frictions and wage rigidities mean that business cycles are ...

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15. Mai 2019
DIW Seminar on Macroeconomics and Financial Markets

Ambiguity Attitudes about investments: Evidence from the field

Speaker: Roy Kouwenberg, Mahidol University, Bangkok
Ort: Joan Robinson Room
DIW Berlin
Room 3.3.002a
Mohrenstraße 58
10117 Berlin

Using an incentivized survey and a representative sample of investors, we elicit ambiguity attitudes toward a familiar company stock, a local stock index, a foreign stock index, and a crypto currency. We separately estimate ambiguity aversion (ambiguity preferences) and perceived ambiguity levels (perceptions about ambiguity), while controlling for unknown likelihood beliefs. We show that ...

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10. April 2019
DIW Seminar on Macroeconomics and Financial Markets

Reforms and the Real Exchange Rate: The Role of Pricing-to-Market

Speaker: Celine Poilly, University of Aix-Marseille, France
Ort: Joan Robinson Room
DIW Berlin
Room 3.3.002a
Mohrenstraße 58
10117 Berlin

The paper investigates how endogenous markups affect the extent to which policy reforms can inuence international competitiveness. In a two-country model where trade costs allow for international market segmentation, we show that endogenous pricing-to-market behavior offirms acts as an important transmission channel of the policies. By strengthening the degree of competition between rms, product ...

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23. Januar 2019
DIW Seminar on Macroeconomics and Financial Markets

Monetary Policy Spillovers, Capital Controls and Exchange Rate Regimes, and the Financial Channel of Exchange Rates

Speaker: Georgios Georgiadis, European Central Bank
Ort: Joan Robinson Room
DIW Berlin
Room 3.3.002a
Mohrenstraße 58
10117 Berlin

We assess the empirical validity of the trilemma (or impossible trinity) in the 2000s for a large sample of advanced and emerging economies. To do so, we estimate Taylor-rule type monetary policy reaction functions, relating the local policy rate to real-time forecasts of domestic fundamentals, global variables, as well as the base-country policy rate. In the regressions, we explore variations in ...

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16. Januar 2019
DIW Seminar on Macroeconomics and Financial Markets

"News-driven inflation expectations and information rigidities"

Speaker: Leif Anders Thorsrud, Norges Bank
Ort: Joan Robinson Room
DIW Berlin
Room 3.3.002a
Mohrenstraße 58
10117 Berlin

We investigate the role played by the media in the expectations formation process of households. Using a novel news-topic-based approach we show that the news types the media choose to report on are good predictors of households' stated ination expectations. In turn, in a noisy information model setting, augmented with a simple media channel, we show that the underlying time series properties of ...

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19. Dezember 2018
DIW Seminar on Macroeconomics and Financial Markets

Currency Manipulation

Speaker: Tarek Hassan, Boston University
Ort: Joan Robinson Room
DIW Berlin
Room 3.3.002a
Mohrenstraße 58
10117 Berlin

We propose a novel, risk-based transmission mechanism for the effects of currency manipulation: policies that systematically induce a country's currency to appreciate in bad times lower its risk premium in international markets and, as a result, lower the country's risk-free interest rate and increase domestic capital accumulation and wages. Currency manipulations by large countries also have ...

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12. Dezember 2018
DIW Seminar on Macroeconomics and Financial Markets

Speaker: Raffaella Giacomini, University College London !!Seminar shifted to June 2019!!
Ort: Joan Robinson Room
DIW Berlin
Room 3.3.002a
Mohrenstraße 58
10117 Berlin

The DIW Seminar on Macroeconomics and Financial Markets intends to provide a platform for discussing current research in the field of macroeconomics, financial markets, and applied econometrics. The public is invited to attend. Please contact the coordinators if you want to be put on the mailing list.

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20. November 2018
Veranstaltung

Work in Transition: How Demography, Technology and Migration are altering the Economy

Ort: Hertie School of Governance
Friedrichstr. 180
10117 Berlin

EBRD's Transition Report 2018-19 Life expectancy is rapidly increasing, jobs are becoming automated and people are moving in large numbers across borders and into urban areas. How are demographic change, technology and migration simultaneously shaping future economic growth and jobs? Ralph De Haas, Director of Research at the European Bank for Reconstruction and Development, will explore this ...

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14. November 2018
DIW Seminar on Macroeconomics and Financial Markets

Bayesian Structural VAR models: a new approach for prior beliefs on impulse responses

Speaker: Michele Piffer, Queen Mary University of London
Ort: Joan Robinson Room
DIW Berlin
Room 3.3.002a
Mohrenstraße 58
10117 Berlin

The DIW Seminar on Macroeconomics and Financial Markets intends to provide a platform for discussing current research in the field of macroeconomics, financial markets, and applied econometrics. The public is invited to attend. Please contact the coordinators if you want to be put on the mailing list.

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24. Oktober 2018
DIW Seminar on Macroeconomics and Financial Markets

When and Why Can Forward Guidance De-anchor Expectations? (with Gaetano Gaballo, Peter Hoffmann and Georg Strasser)

Speaker: Michael Ehrmann, European Central Bank
Ort: Joan Robinson Room
DIW Berlin
Room 3.3.002a
Mohrenstraße 58
10117 Berlin

The form of forward guidance matters for its effectiveness in anchoring expectations about the future path of policy rates. We report cross-country evidence about the impact of different types of forward guidance on the reactiveness of markets to macroeconomic news and on disagreement across forecasters, and show that timecontingent forward guidance over a short horizon and open-ended forward ...

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17. Oktober 2018
DIW Seminar on Macroeconomics and Financial Markets

"A Schumpeterian Model of Top Income Inequality"

Speaker: Jihee Kim, Korea Advanced Institute of Science and Technology
Ort: Joan Robinson Room
DIW Berlin
Room 3.3.002a
Mohrenstraße 58
10117 Berlin

Top income inequality rose sharply in the United States over the last 40 years but increased only slightly in economies like France and Japan. Why? This paper explores a model in which heterogeneous entrepreneurs, broadly interpreted, exert effort to generate exponential growth in their incomes. On its own, this force leads to rising inequality. Creative destruction by outside innovators restrains ...

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11. Juli 2018
DIW Seminar on Macroeconomics and Financial Markets

Measuring Productivity Dispersion: Lessons from Counting One-Hundred Million Ballots

Speaker: Ethan Ilzetzki, London School of Economics
Ort: Joan Robinson Room
DIW Berlin
Room 3.3.002a
Mohrenstraße 58
10117 Berlin

The DIW Seminar on Macroeconomics and Financial Markets intends to provide a platform for discussing current research in the field of macroeconomics, financial markets, and applied econometrics. The public is invited to attend. Please contact the coordinators if you want to be put on the mailing list.

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112 Ergebnisse, ab 1