Economic Workshop

Current Trends in Macroeconomic and Finance Research

National Bank of Poland
2 – 13 July 2012

Programme

2 July 2012, Monday
  9:15 –   9:30 Welcome address: Ryszard Kokoszczyński, National Bank of Poland and University of Warsaw
  9:30 – 11:00 Priors about observables in vector autoregressions
Marek Jarociński, European Central Bank
11.00 – 11.30 Coffee break
11:30 – 13:00 Microfoundation for Normalized CES Production Functions with Factor Augmenting Technical Change
Factor-augmenting technology choice and the aggregate CES production function
Jakub Growiec, National Bank of Poland and Warsaw School of Economics
3 July 2012, Tuesday
  9:30 – 11:00 Behavioral responses to tax policy - lessons from administrative data
Wojciech Kopczuk, Columbia University
11:00 – 11:30 Coffee break
11:30 – 13:00 Macroprudential policy in a monetary union with asymmetric shocks
Krzysztof Makarski, National Bank of Poland and Warsaw School of Economics
Co-authors: Michał Brzoza-Brzezina and Marcin Kolasa, National Bank of Poland and Warsaw School of Economics
4 July 2012, Wednesday
  9:30 – 11:00 Challenges to effective renegotiation of residential mortgages
Tomasz Piskorski, Columbia Business School
11:00 – 11:30 Coffee break
11:30 – 13:00 Occasionally binding credit constraints
Marcin Kolasa, National Bank of Poland and Warsaw School of Economics
Co-authors: Michał Brzoza-Brzezina and Krzysztof Makarski, National Bank of Poland and Warsaw School of Economics
5 July 2012, Thursday
  9:30 – 11:00 Inattention to rare events
Bartosz Maćkowiak, European Central Bank and CEPR
Co-author: Mirko Wiederholt, Northwestern University
11:00 – 11:30 Coffee break
11:30 – 13:00 Mortgage down-payment and welfare in a life-cycle model
Michał Rubaszek, National Bank of Poland and Warsaw School of Economics
6 July 2012, Friday
  9:30 – 11:00 Uncertainty as commitment
Jaromir Nosal, Columbia University
Co-author: Guillermo Ordonez, Yale University
11:00 – 11:30 Coffee break
11:30 – 13:00 Recursive competitive equilibrium in dynamic stochastic economies with endogenous risk
Łukasz Woźny, Warsaw School of Economics
9 July 2012, Monday
  9:30 – 11:00 Beveridge curve and labor market flows in a search and match model with endogenous
labor force participation

Maciej Bukowski, Institute for Structural Research and Warsaw School of Economics
Co-authors: Marek Antosiewicz, Paweł Kowal, Institute for Structural Research
11:00 – 11:30 Coffee break
11:30 – 13:00 Contagion and comovement in financial markets: a copula approach
Piotr Bańbuła, National Bank of Poland and Warsaw School of Economics
Co-authors: Michał Adam and Michał Markun, National Bank of Poland
10 July 2012, Tuesday
  9:30 – 11:00 Optimal design of social security systems
Borys Grochulski, Federal Reserve Bank of Richmond
11:00 – 11:30 Coffee break
11:30 – 13:00 Skew Normal shocks in the linear state space form DSGE Model
Grzegorz Grabek, National Bank of Poland
Co-authors: Bohdan Kłos, National Bank of Poland and Grzegorz Koloch, National Bank of Poland and Warsaw School of Economics
11 July 2012, Wednesday
  9:30 – 11:00 Risk-Taking Incentives of Money Market Funds
Marcin Kacperczyk, NYU Stern School of Business and National Bureau of Economic Research
Co-author: Philipp Schnabl, NYU Stern School of Business
11:00 – 11:30 Coffee break
11:30 – 13:00 On the empirical evidence of asymmetry effects in the interest rate pass-through in Poland
On asymmetric effects in a monetary policy rule. The case of Poland.
Anna Sznajderska, National Bank of Poland
12 July 2012, Thursday
  9:30 – 11:00 Pricing to market in business cycle models
Łukasz Drozd, The Wharton School, University of Pennsylvania
Co-author: Jaromir Nosal, Columbia University
11:00 – 11:30 Coffee break
11:30 – 13:00 Estimation of state-space models with skewed shocks
Grzegorz Koloch, National Bank of Poland and Warsaw School of Economics
13 July 2012, Friday
  9:30 – 11:00 Asset price bubbles and debt constraints
Jan Werner, University of Minnesota
11:00 – 11:30 Coffee break
11:30 – 13:00 Competition and concentration in the Polish banking market (prior the financial crisis and during the crisis) - empirical results based on micro data
Małgorzata Pawłowska, National Bank of Poland
13:00 – 13:15 Closing address: Jan Werner, University of Minnesota

Kontakt

Centrala NBP
ul. Świętokrzyska 11/21
00-919 Warszawa

tel. centr.:
22 185 10 00
e-mail: listy@nbp.pl
NIP: 525-000-81-98
REGON: 000002223
SWIFT: NBPL PLPW
Ta strona używa plików cookies, dzięki którym może działać lepiej.
Aby się dowiedzieć więcej o technologii cookies, proszę kliknąć tutaj: Polityka prywatności NBP »
Aby móc przeglądać zawartość, należy zaakceptować cookies z tej strony Akceptuję