Calendar

All upcoming events of DIW Berlin.
23 January 2019

DIW Seminar on Macroeconomics and Financial Markets Monetary Policy Spillovers, Capital Controls and Exchange Rate Regimes, and the Financial Channel of Exchange Rates

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 the sensitivity of local to base-country policy rates across different degrees of exchange rate flexibility and capital controls. We find that the data are in general consistent with the predictions from the trilemma: Both exchange rate flexibility and capital controls reduce the sensitivity of local to base-country policy rates. However, we also find that the financial channel of exchange rates highlighted in recent work reduces the extent to which local policymakers decide to exploit the monetary autonomy in principle granted by flexible exchange rates in specific circumstances: The sensitivity of local to base-country policy rates for an economy with a flexible exchange rate is stronger when it exhibits negative foreign-currency exposures which stem from portfolio debt and bank liabilities on its external balance sheet and when base-country monetary policy is tightened. The intuition underlying this finding is that it may be optimal for local monetary policy to mimic the tightening of base-country monetary policy and thereby mute exchange rate adjustments because a depreciation of the local currency would raise the cost of servicing and rolling over foreign-currency debt and bank loans, possibly up to a point at which financial stability is put at risk.

More Information
Speaker
  • Georgios Georgiadis, European Central Bank

  • Time
    12:00-13:15
    Location
    Joan Robinson Room DIW Berlin Room 3.3.002a Mohrenstraße 58 10117 Berlin
    Contact(s)
    at DIW Berlin
    Tel.: +49 30 89789 486
    Tel.: +49 30 89789 409
    25 January 2019

    Brown Bag Seminar Cluster Industrial Economics Career Concerns and Managerial Risk Taking: Evidence from the NFL

    More Information
    Speaker
    Time
    10.30-11.30
    Location
    Anna J. Schwartz Room Room 5.2.010 Mohrenstraße 58 10117 Berlin
    Contact(s)
    at DIW Berlin
    Tel.: +49 30 89789 224
    Tel.: +49 30 89789 504
    31 January 2019

    Berlin Lunchtime Meeting Investment, technological change and skills: Germany and the EU

    Growing downside risks to the economic outlook, together with well-known structural weaknesses, make still more pressing the need for strong reflection on European policy priorities. How can we improve productivity and competitiveness in the EU and in Germany? Is current investment adequate given crisis legacies and the challenges lying ahead? What strategies are needed to foster innovation as a driver of long-term growth, and to master new challenges arising from digital transformation?

    The event will debate challenges for Europe and Germany with regard to technological transformation, skills and financing. It will present findings from the recent EIB Investment Report ”Retooling Europe’s economy”, a comprehensive analysis of investment trends and drivers. This draws on new results from the EIB Investment Survey, a unique datasource providing insights on corporate investment activity for Germany and the EU. The presentation will also cover an in-depth study of innovation, investment in intangible assets and digitalisation as drivers of productivity growth.

    Debora Revoltella | European Investment Bank

    Comment: Klaus Guenter Deutsch | BDI – Federation of German Industries
    Comment: Florian Moritz | DGB - German Trade Union Confederation

    Moderation: Heino von Meyer | OECD Berlin Centre

    Thursday, 31 January 2019
    Elinor Ostrom Hall, 1st floor, Mohrenstr. 58, 10117 Berlin

    Lunch: 12h00
    Presentation: 12h45

    The event language will be English.

    Registration by email to: We look forward to seeing you there.


    Time
    12:00 - 14:00 Uhr
    Location
    Elinor Ostrom Hall Room 1.2.019 Mohrenstr. 58 10117 Berlin
    Contact(s)
    at DIW Berlin
    Tel.: +49 30 89789 181
    4 February 2019

    Berlin Applied Micro Seminar (BAMS) How Effective Is Black-box Digital Consumer Profiling and Audience Delivery?: Evidence from Field Studies

    BAMS is a joint seminar by the DIW Berlin, the Hertie School of Governance, the HU Berlin and the WZB.

    More Information
    Speaker
  • Catherine E. Tucker (Massachusetts Institute of Technology)

  • Inviter
    Time
    16.00 - 17.15
    Location
    Elinor Ostrom Hall Room 1.2.019 Mohrenstr. 58 10117 Berlin
    7 February 2019

    Seminar Series on Research in Development Economics TBC

    More Information
    Speaker
  • Kate Orkin, University of Oxford

  • Time
    12:30 - 14:00
    Location
    Karl Popper Room DIW Berlin Room 2.3.020 Mohrenstr. 58 10117 Berlin
    Contact(s)
    at DIW Berlin
    Tel.: +49 30 89789 436
    15 February 2019

    Graduate Center Courses Economic Policy - Presentation of results and policy conclusions

    More Information
    Speaker
    Time
    15:00 - 18:00
    Location
    Karl Popper Room DIW Berlin Room 2.3.020 Mohrenstr. 58 10117 Berlin
    Contact(s)
    at DIW Berlin
    Tel.: +49 30 89789 246
    18 February 2019

    Berlin Applied Micro Seminar (BAMS) Reallocation and the Minimum Wage - Evidence from Germany

    BAMS is a joint seminar by the DIW Berlin, the Hertie School of Governance, the HU Berlin and the WZB.

    More Information
    Speaker
  • Attila Lindner (University College London)

  • Inviter
    Time
    16.00 - 17.15
    Location
    Elinor Ostrom Hall Room 1.2.019 Mohrenstr. 58 10117 Berlin
    21 February 2019

    Seminar Series on Research in Development Economics Social media and protests in China

    More Information
    Speaker
  • David Strömberg, Stockholm University

  • Time
    12:30 - 14:00
    Location
    Ferdinand Friedensburg Room DIW Berlin Room 2.3.001 Mohrenstraße 58 10117 Berlin
    Contact(s)
    at DIW Berlin
    Tel.: +49 30 89789 436
    12 April 2019

    DIW Applied Micro Seminar Family Time Allocations over the last Half Century

    More Information
    Speaker
  • Alexandros Theloudis, LISER (Luxembourg Institute for Socio-Economic Research) and University College London

  • Inviter
    Time
    13.15 - 14.30
    Location
    Anna J. Schwartz Room Room 5.2.010 Mohrenstraße 58 10117 Berlin
    Contact(s)
    at DIW Berlin
    Tel.: +49 30 89789 165
    Tel.: +49 30 89789 673
    25 to 26 April 2019

    Workshop Finance and Development 2019

    Financial systems have developed rapidly in many developing countries. These changes increase the need for research into their effects. To this end DIW Berlin will host a workshop in the field of “Finance and Development” to be held in Berlin on April 25 in the afternoon and full day April 26, 2019.

    Attendance by invitation!

    More Information
    Speaker
  • David McKenzie (World Bank)

  • Location
    Elinor-Ostrom-Saal DIW Berlin Room 1.2.019 Mohrenstr. 58 10117 Berlin
    Contact(s)
    at DIW Berlin
    Tel.: +49 30 89789 436
    27 May 2019

    Graduate Center Masterclasses Behavioral Insights and Parental Decision Making: A New Approach to Understanding Parental Investments in Children's Development

    More Information
    Speaker
  • Ariel Kalil

  • Time
    tba
    Contact(s)
    at DIW Berlin
    Tel.: +49 30 89789 246
    Tel.: +49 30 89789 460
    21 June 2019

    DIW Applied Micro Seminar The Roots of Inequality: Estimating Inequality of Opportunity from Regression Trees

    More Information
    Speaker
  • Paul Hufe, ifo Insititut, München

  • Inviter
    Time
    13.15 - 1430
    Location
    Anna J. Schwartz Room Room 5.2.010 Mohrenstraße 58 10117 Berlin
    Contact(s)
    at DIW Berlin
    Tel.: +49 30 89789 165
    Tel.: +49 30 89789 673
    1 to 5 July 2019

    Graduate Center Short Course Macroeconomics with Heterogenous Agents

    Further details regarding time, place and registration will be announced.

    Speaker
  • Per Krusell and Kurt Mitman (Stockholm University)

  • Contact(s)
    at DIW Berlin
    Tel.: +49 30 89789 460