WORKSHOP EXPERIMENTS IN MONETARY POLICY November 5-6, 2014
ENS Lyon
15, Parvis René Descartes - 69007 Lyon
Salle Réunion n°2 – IFE – Bâtiment Buisson
Program
Wednesday November 5 09:00 – 09:30 Opening
09:30 – 10:30 Keynote speech by Klaus Adam (University of Mannheim): “Housing Prices and Robustly Optimal Monetary Policy” (joint with Michael Woodford).
(50 minutes presentation + 10 minutes questions)
10:30 – 11:00 Coffee break (Galerie IFE)
11:00 – 12:30 2 contributions on Communication
(35 minutes each + 10 minutes discussion each)
Luba Petersen (Simon Fraser University): “Liquidity Traps and Central Bank Communication: Learning and Experiments” (joint with Jasmina Arifovic and Andry Baranskyy).
Simone Alfarano (
Jaume I University): “The Role of Public and Private Information in a Laboratory Financial Market” (joint with Eva Camacho and Andrea Morone).
12:30 – 14:00 Lunch (cafeteria)
14:00 – 15:30 2 contributions on Central bank Credibility
(35 minutes each + 10 minutes discussion each)
John Van Huyck (
Texas A&M University): “Is Reputation a Substitute for Commitment in the Peasant-Dictator Game?” (joint with Raymond Battalio and Mary Walters).
Frank Heinemann (Technical University Berlin): “Central Bank Reputation, Transparency and Cheap Talk as Substitutes for Commitment: Experimental Evidence” (joint with John Duffy).
15:30 – 16:00 Coffee break (Galerie IFE) 16:00 – 17:00 1 contribution on Price setting
(35 minutes each + 10 minutes discussion)
Thomas Eife (University of Heidelberg): “Price Competition in an Inflationary Environment” (joint with Peter Duersch).
20:00 – 22:00 Dinner (Vatel Restaurant - 8 rue Duhamel - 69002 Lyon)
November 6, 2014
09:30 – 10:30 Keynote speech by Cars Hommes (CeNDEF, University of Amsterdam): “Managing self- organization of expectations through monetary policy in complex systems”.
(50 minutes presentation + 10 minutes questions)
10:30 – 11:00 Coffee break (Galerie IFE)
11:00 – 12:30 2 contributions on Expectations and Agent based models
(35 minutes each + 10 minutes discussion each)
Florian Wagener (CeNDEF, University of Amsterdam): “Expectations in Experiments”.
Karolina Tura (Poznań University of Economics): "Measures of inflation used in inflation projections-experiences of the selected European countries".
12:30 – 14:00 Lunch (cafeteria)
14:00 – 15:00 1 contribution on Credit market
(35 minutes each + 10 minutes discussion)
