Conference: "Monetary Economics"
The 6th Banco de Portugal Conference on Monetary Economics will be held in Lisboa, June 10-11, 2010. The Conference aims at bringing together economists to discuss research on monetary theory and policy. This year there is a special focus on issues related to the recent financial crisis.
Attendance is by invitation only.
The Scientific Committee for the Conference is composed by Isabel Correia, Sérgio Rebelo and Pedro Teles.
The Conference venue is the Pestana Palace Hotel, located in one of the historical areas of the city.
The Conference will last for two days, Thursday, June 10 and Friday, June 11.
Questions about arrangements should be addressed to conferences@bportugal.pt.
Programme
Is the Financial Sector too Big?
Patrick Bolton (Columbia University), Tano Santos (Columbia University) and Jose A. Scheinkman (Princeton University)
Discussant: Guido Lorenzoni (Massachusetts Institute of Technology)
Animal Spirits
George-Marios Angeletos (Massachusetts Institute of Technology) and Jennifer La’O (Massachusetts Institute of Technology)
Discussants: Tarek Hassan (University of Chicago) and Per Krusell (Stockholm University)
A Macroeconomic Model with a Financial Sector
Markus K. Brunnermeier (Princeton University) and Yuliy Sannikov (Princeton University)
Discussants: Emmanuel Fahri (Harvard University) and Monika Piazzesi (Stanford University)
Financial Intermediation and Credit Policy in Business Cycle Analysis
Mark Gertler (New York University) and Nobuhiro Kiyotaki (Princeton University)
Discussants: Harris Dellas (University of Bern) and Ramon Marimon (European University Institute)
A Model of Moral-Hazard Credit Cycles
Roger B. Myerson (University of Chicago)
Discussants: Mikhail Golosov (Yale University) and John V. Leahy (New York University)
Adverse Selection, Reputation and Sudden Collapses in Secondary Loan Markets
Varadarajan V. Chari (Federal Reserve Bank of Minneapolis and University of Minnesota), Ali Shourideh (Federal Reserve Bank of Minneapolis and University of Minnesota) and Ariel Zetlin-Jones (Federal Reserve Bank of Minneapolis and University of Minnesota)
Discussants: Mark A. Aguiar (University of Rochester) and Pablo Andres Neumeyer (Universidad Torcuato Di Tella)
Infectious Booms and Busts in Housing Markets
Craig Burnside (Duke University), Martin Eichenbaum (Northwestern University) and Sergio Rebelo (Northwestern University)
Discussants: Veronica Guerrieri (University of Chicago) and Martin Schneider (Stanford University)
Dynamic Debt Runs
Zhiguo He (University of Chicago) and Wei Xiong (Princeton University)
Discussants: Patrick J. Kehoe (Federal Reserve Bank of Minneapolis and University of Minnesota) and Alp Simsek (Massachusetts Institute of Technology)
Short and Long Interest Rate Targets
Bernardino Adão (Banco de Portugal), Isabel Correia (Banco de Portugal) and Pedro Teles (Banco de Portugal)
Discussants: Bennett T. McCallum (Carnegie Mellon University) and Juan Pablo Nicolini (Federal Reserve Bank of Minneapolis)
Growth in the Shadow of Expropriation
Mark A. Aguiar (University of Rochester) and Manuel Amador (Stanford University)
Discussants: Pablo Kurlat (Massachusetts Institute of Technology) and Fabrizio Perri (Federal Reserve Bank of Minneapolis and University of Minnesota)
Involuntary Unemployment and the Business Cycle
Lawrence Christiano (Northwestern University), Mathias Trabandt (European Central Bank and Sveriges Riksbank) and Karl Walentin (Sveriges Riksbank)
Discussants: Jordi Gali (Universitat Pompeu Fabra) and Robert E. Hall (Stanford University)
Participants
Bernardino Adão (Banco de Portugal)
Mark A. Aguiar (University of Rochester)
Nuno Alves (Banco de Portugal)
Manuel Amador (Stanford University)
George-Marios Angeletos (Massachusetts Institute of Technology)
António Pinto Barbosa (Universidade Nova de Lisboa)
Diana Bonfim (Banco de Portugal)
Paulo Brito (Instituto Superior de Economia e Gestão)
Markus K. Brunnermeier (Princeton University)
Craig Burnside (Duke University)
Mario Centeno (Banco de Portugal)
Varadarajan V. Chari (Federal Reserve Bank of Minneapolis and University of Minnesota)
Lawrence Christiano (Northwestern University)
Pedro Santa Clara (Universidade Nova de Lisboa)
Isabel Correia (Banco de Portugal)
Luís da Costa (Instituto Superior de Economia e Gestão)
Harris Dellas (University of Bern)
Martin Eichenbaum (Northwestern University)
Valerio Ercolani (Banco de Portugal)
Emmanuel Farhi (Harvard University)
Francesco Franco (Universidade Nova de Lisboa)
Jordi Gali (Universitat Pompeu Fabra)
Giorgia Giovannetti (European University Institute)
Mikhail Golosov (Yale University)
Veronica Guerrieri (University of Chicago)
Robert E. Hall (Stanford University)
Tarek Hassan (University of Chicago)
Nikolay Iskrev (Banco de Portugal)
Patrick J. Kehoe (Federal Reserve Bank of Minneapolis and University of Minnesota)
Nobuhiro Kiyotaki (Princeton University)
Per Krusell (Stockholm University)
Pablo Kurlat (Massachusetts Institute of Technology)
John V. Leahy (New York University)
Ana Cristina Leal (Banco de Portugal)
Guido Lorenzoni (Massachusetts Institute of Technology)
José Francisco Maria (Banco de Portugal)
Ramon Marimon (European University Institute)
Bennett T. McCallum (Carnegie Mellon University)
Roger B. Myerson (University of Chicago)
Pablo Andres Neumeyer (Universidad Torcuato Di Tella)
João Luís César das Neves (Universidade Católica Portuguesa)
Juan Pablo Nicolini (Federal Reserve Bank of Minneapolis)
Luca Opromolla (Banco de Portugal)
Manuel Coutinho Pereira (Banco de Portugal)
Fabrizio Perri (Federal Reserve Bank of Minneapolis and University of Minnesota)
Monika Piazzesi (Stanford University)
Sergio Rebelo (Northwestern University)
Nuno Ribeiro (Banco de Portugal)
Jose A. Scheinkman (Princeton University)
Martin Schneider (Stanford University)
Alp Simsek (Massachusetts Institute of Technology)
Frank Smets (European Central Bank)
Maria Clara Soares (Banco de Portugal)
João Sousa (Banco de Portugal)
José A. Tavares (Universidade Nova de Lisboa)
Pedro Teles (Banco de Portugal)
Leopold von Thadden (European Central Bank)
Karl Walentin (Sveriges Riksbank)
Wei Xiong (Princeton University)
Attending the conference
Attendance is by invitation only. To confirm your attendance to the Conference please send the registration form by email to conferences@bportugal.pt or fax it to 351 21 310 7808 (att. Maria Soledade Sartóris), no later than April 23.
Participants should plan to arrive in Lisboa on Wednesday afternoon (there will be some sightseeing in the afternoon) and leave on Saturday morning.
Banco de Portugal has reserved accommodation at Pestana Palace Hotel. Upon receiving the registration form, we shall confirm the Hotel room booking.
Banco de Portugal covers the expenses related to the stay (hotel and meals) of some of the participants, starting Wednesday afternoon through Saturday morning.
Banco de Portugal reimburses also the travel expenses (economy fare) of some of the participants upon presentation of the original receipts.
Local contact
Questions about arrangements should be addressed to:
Maria Soledade Sartóris
Research Department
Banco de Portugal
Av. Almirante Reis, 71, 6th floor
1150-012 Lisboa
Portugal
Tel: 351 21 313 0425
Fax: 351 21 310 7808
Email: conferences@bportugal.pt
Hotel and conference venue
Conference participants will be staying at the Pestana Palace Hotel, located in Lisboa. The Hotel is located just 11km from Lisboa international airport.
Conference venue
Pestana Palace Hotel
Sala Lusitano
Rua Jau, 54
1300-314 Lisboa
Portugal
Tel: 351 21 361 5600
Fax: 351 21 361 5601
A computer (Windows XP, Scientific Workplace 5.5), printer, overhead projector, and video projector will be provided for participants’ use. Internet and email facilities will be available.
Incoming faxes and telephone messages during the conference should be marked to the attention of:
Maria Soledade Sartóris
Pestana Palace Hotel
Important dates
• Deadline for registration form reception: April 23, 2010
• Deadline for papers reception: May 12, 2010
Accommodation
Participants will be covered for up to 3 night’s accommodation. Incidental expenses such as mini-bar, telephone, laundry or any other service provided by the Hotel will not be covered and should be paid at the check out by credit card or cash.
Meals
All meals will be provided by the organization. Breakfast and lunch will be served at the Hotel. Special dietary requests can be accommodated if indicated in advance in the registration form.
Currency
The euro is the currency in circulation. Major credit cards are accepted in most of the establishments, including the Hotel. Banks are opened from 8.30am to 3.00pm, Monday to Friday.
Weather
Lisboa has an Atlantic climate, with some Mediterranean influences. In June the average daytime temperature is usually around the 23º C (73º F) and the nighttime temperature is around 15 º C (59º F). The thermal amplitude is rarely high. The city is known as the white city for the sunny and shining days.
Getting to the conference
Lisboa has a modern airport and the journey to the Hotel should take approximately 20 minutes.