The Bank of England and the LSE European Institute are co-hosting a workshop on Behavioural Macro and Finance on Friday 19 January 2024. The workshop is in hybrid format and can be attended in person at the Shaw Library (6/F Old Building, LSE) or online through Zoom.
The aim of the workshop is to provide a platform for researchers to present and discuss their latest research on the intersection of macroeconomic & financial theory and behavioural economics.
The workshop is free and open to members of the public. It features eight sessions, each dedicated to a research paper addressing the theme.
For in person attendance, please register here. Spaces are limited and are allocated on a first-come-first-served basis.
For online attendance, please register here.
|8:30 – 9:00
|9:00 – 9:55
||Session 1: Learning the yield curve
Speaker: Albert Marcet (Barcelona Graduate School of Economics)
Discussant: Tomohiro Hirano (Royal Holloway London)
|9:55 – 10:50
||Session 2: Reinforcement learning for household finance: designing policy via responsiveness
Speaker: Lilia Maliar (Stanford University)
Discussant: Ed Hill (Bank of England)
|10:50 – 11:10
|11:10 – 12:05
||Session 3: Managing overreaction during a run
Speaker: Caio Machado (Pontificia Universidad Católica de Chile)
Discussant: Margaret Davenport (Kings College London)
|12:05 – 12:50
|12:50 – 13:45
||Session 4: Long term expectations and aggregate fluctuations
Speaker: Pedro Bordalo (University of Oxford)
Discussant: Iryna Kaminska (Bank of England)
|13:45 – 14:40
||Session 5: Kalman filter learning versus bounded rationality in a heterogeneous agent NK model
Speaker: Paul Levine (University of Surrey)
Discussant: Yifan Zhang (University of Oxford)
|14:40 – 15:00
|15:00 – 15:55
||Session 6: Fiscal multipliers, public debt, and government credibility in a behavioural macro model
Speaker: Amelie Barbier & Thierry Betti (University of Strasbourg)
Discussant: Paul De Grauwe (LSE)
|15:55 – 16:50
||Session 7: Seemingly irresponsible but welfare improving fiscal policy at lower bound
Speaker: Roberto Billi (Sveriges Riksbank)
Discussant: Johannes Fischer (Bank of England)
|16:50 – 17:45
||Session 8: Firm expectations and run
Speaker: Gernot Mueller (University of Tueringen)
Discussant: Joel Suss (Bank of England)
|18:00 – 19:30
If you have any questions, please feel free to contact us at firstname.lastname@example.org.
Paul De Grauwe