Monday, 30 June 2014
Chair: Jan Werner, University of Minnesota |
| 09:00 – 09:30 | Welcome Coffee |
| 09:30 – 09:35 | Welcome address: Andrzej Sławiński, Narodowy Bank Polski and Warsaw School of Economics |
| 09:35 – 09:40 | Opening Remarks: Jan Werner, University of Minnesota |
| 09:40 – 10:55 | The Dynamics of Sovereign Debt Crises and Bailouts
Keynote Speaker: Harald Uhlig, University of Chicago
Co-author: F. Roch |
| 10:55 – 11:10 | Coffee break |
| 11:10 – 12:25 | A Macro-Finance View on Government Debt and Growth
Bjorn Ohl, Narodowy Bank Polski |
| 12:25 – 13:10 | Lunch |
| 13:10 – 14:25 | The Unintended Consequences of the Zero-Bound Policy
Marcin Kacperczyk, , Imperial College London
Co-author: M. Di Magio |
Tuesday, 1 July 2014
Chair: Marcin Kolasa, Narodowy Bank Polski and Warsaw School of Economics |
| 09:00 – 09:30 | Welcome Coffee |
| 09:30 – 10:45 | Granger-Causal-Priority and Choice of Variables in Vector Autoregressions
Marek Jarociński, European Central Bank
Co-author: B. Mackowiak |
| 10:45 – 11:00 | Coffee break |
| 11:00 – 12:15 | Towards Understanding the Normalization in Structural VAR Models
Andrzej Kocięcki, Narodowy Bank Polski |
| 12:15 – 13:00 | Lunch |
| 13:00 – 14:15 | On Prepayment & Rollover Risk in the U.S. Credit Card Market
A Lesson From the Financial Crisis of 2007-08
Łukasz Drozd, University of Pennsylvania
Co-author: R. Serrano-Padia |
Wednesday, 2 July 2014
Chair: Michał Brzoza-Brzezina, Narodowy Bank Polski and Warsaw School of Economics |
| 09:00 – 09:30 | Welcome Coffee |
| 09:30 – 10:45 | Grin and Bear It: Producer-fi nanced Exports from an Emerging Market [presentation]
Beata Smarzynska Javorcik, University of Oxford
Co-author: B. Demir |
| 10:45 – 11:00 | Coffee break |
| 11:00 – 12:15 | Endogenous Labor Income Cycles: Theory and Evidence
Jakub Growiec, Narodowy Bank Polski and Warsaw School of Economics
Co-authors: P. McAdam and J. Mućk |
| 12:15 – 13:00 | Lunch |
| 13:00 – 14:15 | Bankruptcy, Delinquency and Debt after the 2005 Bankruptcy Law
Jaromir Nosal, Columbia University
Co-author: S. Albanesi |
Thursday, 3 July 2014
Chair: Krzysztof Makarski, Narodowy Bank Polski and Warsaw School of Economics |
| 09:00 – 09:30 | Welcome Coffee |
| 09:30 – 10:45 | Optimal Policy Under Swings in Risk Appetite
Pawel Zabczyk, Bank of England Co-author: : B. De Paoli |
| 10:45 – 11:00 | Coffee break |
| 11:00 – 12:15 | Monetary and Macroprudential Policy with Multiperiod Loans
Marcin Kolasa, Narodowy Bank Polski and Warsaw School of Economics
Co-author: M. Brzoza-Brzezina and P. Gelain |
| 12:15 – 13:00 | Lunch |
| 13:00 – 14:15 | Capital Controls: the Case for International Policy Cooperation
Anna Lipińska, Federal Reserve Board
Co-author: B. De Paoli |
Friday, 4 July 2014
Chair: Łukasz Drozd, University of Pennsylvania |
| 09:00 – 09:30 | Welcome Coffee |
| 09:30 – 10:45 | Optimal investment taxes and efficient market provision of liquidity
in the Diamond-Dybvig model
Borys Grochulski, Federal Reserve Bank of Richmond
Co-author: Y. Zhang |
| 10:45 – 11:00 | Coffee break |
| 11:00 – 12:15 | International Transmission of Liquidity Shocks Between Parent Banks and Their Affiliates: The case of Polish banking sector
Małgorzata Pawłowska, Narodowy Bank Polski and Warsaw School of Economics
Co-author: D. Serwa and S. Zajączkowski |
| 12:15 – 13:00 | Lunch |
| 13:00 – 14:15 | Speculative Trade under Ambiguity
Jan Werner, University of Minnesota |
| 14:15 – 14:25 | Closing Remarks: Michał Brzoza-Brzezina, Narodowy Bank Polski and Warsaw School of Economics |