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...

Highly interconnected global supply chains make countries vulnerable to supply chain disruptions. In this paper, we estimate the macroeconomic effects of global supply chain shocks for the euro area. Our empirical model combines business cycle variables with data from international container...

We welcome submissions of theoretical or empirical papers addressing issues including (but not limited to): - Consumption behaviour and the macroeconomy - Firm dynamics and heterogeneity - Monetary and/or fiscal policy in closed or open economy - Expectations formation and information...

Governments around the world have gone on a massive fiscal expansion in response to the Covid crisis, increasing government debt to levels not seen in 75 years. How will this debt be repaid? What role do conventional and unconventional monetary policy play? We investigate debt sustainability in...

It is being investigated the relationship between oil windfalls and income inequality using the subnational data of one of the resource-richest and most unequal countries in the world – Russia. While previous literature has produced contradictory findings due to the use of an aggregate measure...

The conference is planned as an in-person event. Should travel restrictions bind by the time of the conference, we will allow speakers to participate on-line if needed. We welcome submissions of theoretical or empirical papers addressing issues including (but not limited to): - Business cycles...

Topics: - The impact of machine learning and AI on economic growth, productivity and employment; - How machine learning and AI has or will influence inflation and price stability; - Implications for financial stability and systemic risk from AI and machine learning; - Empirical assessments of...

Topics: - Finance and economic growth, - Finance, technology and productivity, - Drivers of weak productivity, including finance and the efficiency of the financial system, - The role of banking and venture capital in driving investment and growth, - Corporate ownership, governance and...

The aim of the Workshop is to bring together domestically-based dynamic general equilibrium macroeconomists. This is not intended to be a restriction. Both theoretical and empirical papers are welcome.

Labor related issues have been studied in the economics profession from a number of different angles. The goal of the Barcelona Labor Economics Summer School is to cover a wide range of topics in labor economics from a variety of perspectives. In particular, the BLSS offers courses that will...