This two-day online international workshop will gather doctoral students involved in research in the field of the Economics of Digitalization with both theoretical and empirical focus. Topics of Interest: Telecommunications ; Internet and Software Industries ; Regulation and Competition Policy...

SIPP is a nationally representative longitudinal survey that provides comprehensive information on the dynamics of income, employment, household composition, and government program participation. It offers a rich variety of information, allowing for examinations of: - Adult and child...

We introduce shocks to the availability of US dollar funding for non-US financial intermediaries in a two-country New Keynesian model with financial frictions. Such dollar shortages lead to uncovered interest rate parity deviations and have a significant negative effects on the macroeconomy....

This paper investigates how monetary expansion affects household consumption and savings through household debts. Using monetary policy cuts in China in the end of 2008 as an experiment, we find that the resulted increase in indebted households’ disposable income leads to increasing...

We build a tractable two-agent New Keynesian (TANK) model to jointly study four types of policy: conventional monetary policy, quantitative easing (QE), government expenditures, and lump-sum transfers. We find QE, transfers, and government spending can have the same effects on the aggregate...

Topics include but are not limited to: 1) Dos and don’ts of inflation targeting ; 2) Optimal inflation target and the natural rate of interest in economies with limited transmission ; 3) Constraints of fiscal dominance and optimal balance between fiscal and monetary policy ; 4) Policy with...

At this conference, experts from academia, trade unions and the European Commission will exchange perspectives on the impact of NextGenerationEU (NGEU) on national and EU social and labour policies. How different is this recovery strategy from the way the EU managed the 2011 euro crisis? What...

The Eurosystem has launched the investigation phase of a digital euro project. Many other jurisdictions are also exploring options for central bank digital currencies. The European Commission has announced a legislative proposal on a digital euro for early 2023. In this context, the conference...