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9TH AUSTRALASIAN MACROECONOMICS WORKSHOP

CENTRE FOR APPLIED MACROECONOMIC ANALYSIS, AUSTRALIAN NATIONAL UNIVERSITY
AND
THE AUSTRALIAN COMMONWEALTH TREASURY
CANBERRA

The Hall, University House, ANU

THURSDAY 15th APRIL 2004

SESSION PRESENTER TITLE DISCUSSANT
0830 - 0900  Registration  Please register in the Common Room.
 
0900 - 0930 Opening of Workshop: Dr Martin Parkinson, Director, Macroeconomic Group, Commonwealth Treasury.
0930 - 1030 Session 1A: Trade (Hall)
  Timo Henckel 'Government Debt and Exchange Rate Dynamics' Marion Kohler
  Rod Tyers 'On the Robustness of Short Run Gains from Trade Reform' Anthony Rossiter

Session 1B: Finance (Common Room)

Aditya Goenka 'Factor Intensity Reversal Chaos'. Mardi Dungey

David Kim 'Risk Sharing within Australia and with New Zealand'. Glenn Otto
1030 - 1100 Morning Tea
1100 - 1230 Session 2A: Fiscal Policy (Hall)
  Anthony Rossiter 'Fiscal Policy Coordination within a Monetary Union in the Presence of Risk Premia'. Mark Crosby
  Lei Lei Song 'How big is the effect of Budget consolidation on the Australian economy in the 1990s? Simulations with TRYM'. Brenton Goldsworthy
  Nigel Wilkins 'Defence Expenditure and Economic Growth: Evidence from a Panel of 85 Countries'. Elisabetta Magnani

Session 2B: Inflation (Common Room)

Toseef Azid
'Micro Foundations of Macro Economics: An Empirical Evidence of Sectoral Phillips Curve'. Ian McDonald

Guay Lim
'Inflation Targeting and Q Volatility in Small Open Economies'. Aditya Goenka

Keshab Bhattarai 'Unemployment-inflation Trade Offs in OECD Countries: Lessons from Panel Data and Theories of Unemployment'. Toseef Azid
1230 - 1400 Lunch, Launch of CAMA by Professor Ian Chubb, VC of ANU
1400 - 1530 Special Session 1: Fiscal Policy - Chair : Ric Simes (Hall)
  David Gruen 'The long term fiscal implications of raising Australian labour force participation or productivity'. Chris Plantier
  Patrick Nolen 'Vulnerability, Unemployment and Poverty: A New Class of Measures, Its Axiomatic Properties and Applications'. David Vines
  Reza Siregar 'Fiscal Federalism in India: Exploring the Budgetary Implications of Political Alignment and Institutional Quality'. Raghbendra Jha
1530 - 1600 Afternoon Tea
1600 - 1730 Session 3A: Housing (Hall)
  Matt Thomson 'An Empirical Assessment of House Price Adjustments on Aggregate Consumption'. Lei Lei Song
  Mark Crosby 'How far to fall? Bubbles in Major City House Prices in Australia'. William Coleman

Marion Kohler
'The Impact of Superannuation on Household Saving'.
Guay Lim
 
Session 3B: Small Open Economies (Common Room)

Iris Claus
'Agency costs in a small open economy'. Timo Henckel

Kalvinder Shields
'Modelling Macroeconomic Linkages in a Monetary Union: A West African example'. K. Peren Arin

Viv Hall
'Regional Business Cycles in New Zealand: Do they exist? What might drive them?' Alan Layton
1800 - 1900 Inaugral CAMA Board Meeting for CAMA Board Members
1800 - 1900 Drinks: Fellows Garden University House (not included in registration)
1930 - Conference Dinner (location to be advised)

FRIDAY 16th APRIL 2004

SESSION PRESENTER TITLE DISCUSSANT
900 - 1030 Session 4A: Monetary Policy (Hall)

John Hawkins 'Central Bank Securities and Government Debt'.
Geoff Kingston

E. Juerg Weber 'Monetary Policy in a Heterogeneous Monetary Union: The Australian Experience'. Yifan Hu

Tim Kam 'Two-sided Learning and Optimal Monetary Policy Design in an Open Economy Model' Graeme Wells

Session 4B: Wages and Inflation (Common Room)

Elisabetta Magnani 'On Skill Heterogeneity and Inflation'. Patrick Nolen

Don Harding 'Wage Floors: Theory and Evidence'. David Gruen

Natalia Ponomareva
'Forecasts of inflation and Nominal Income Growth for Korea Using Univariate and VAR models'. Radhika Lahiri
1030 - 1100 Morning Tea
1100 - 1230 Special Session 2: Fiscal Policy - Chair : David Vines (Hall)
  K. Peren Arin 'Are some Taxes Different than Others? An Empirical Investigation of the Effects of Tax Policy in Canada'.
Mardi Dungey
  Yifan Hu 'Government Bond Seignioage, Money Seigniorage and Their Response to Monetary Policy Shocks'. Viv Hall
  Emanuel Kohlscheen
'Do Constitutional Side Payments Induce Subnational Bailouts?'
 Iris Claus
1230 - 1330 Lunch
1330 - 1500 Session 5A: Fiscal Policy (Hall)
  Giovanni Di Bartolomeo
'Budget Policy, Conservativeness and the Optimal Degree of Central Bank Transparency'.
 Satish Chand
  Radhika Lahiri 'Tax Distortions in a Neoclassical Monetary Economy in the Presence of Administration Costs'. Edda Claus
  Luke Yeaman
'Fiscal Policy in Australia: Discretionary policy and automatic stabilisers'. Kalvinder Shields

Session 5B: Global Issues (Common Room)

Ian McDonald 'Global income growth and the evolution of living standards in the 21st Century: Is it socially optimal for the poor to catch up with the rich?' Reza Siregar

Graeme Wells 'Estimates of Convergence: Some Simulation Results'. Tim Kam

Dominick Stephens 'The Exchange Rate - How should we respond? An exercise in new-Keynesian modeling'. E. Jeurg Weber
1500 - 1530

Afternoon Tea: Close of Workshop

 

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