2nd PIER Workshop on Quantitative Tools for Macroeconomic Policy Analysis

ARCH Building

 

May 9-13, 2016
ARCH Building
3601 Locust Walk
University of Pennsylvania
Philadelphia, PA 19104

 

 

 

 

Gallery of lectures and events
 
Schorfheide lecture Professor Frank Schorfheide's lecture on Recent Advances in the Econometric Analysis of Dynamic Stochastic General Equilibrium Models
Professor Francis Diebold's lecture on Empirical Methods for Financial and Macroeconomic Monitoring, Modeling, Forecasting and Interconnectedness
Professor Enrique Mendoza's lecture on Nonlinear Models of Financial Crises and Macroprudential Regulation.
Professor Thomas J. Sargent, the distinguished guest speaker's lecture A History of U.S. Debt Limits  
Calvo lecture  Professor Guillermo Calvo, the distinguished speaker's lecture From Chronic Inflation to Chronic Deflation -- Liquidity Mischief
Professor Harold Cole's lecture Sovereign Debt Crises: Some Data and Some Theory   
Attendees Workshop attendees 
Casual time Afterhours gathering
   

 

Course Units
 

(each unit with six hours of lectures plus three hours of lab sessions and materials)

 

1) Empirical Methods for Financial and Macroeconomic Monitoring, Modeling, Forecasting and Interconnectedness taught by Francis X. Diebold, Paul F. and Warren S. Miller Professor of Economics

 

2) Recent Advances in the Econometric Analysis of Dynamic Stochastic General Equilibrium Models taught by Frank Schorfheide, Professor of Economics

 

3) Nonlinear Models of Financial Crises and Macroprudential Regulation taught by Enrique G. Mendoza, Presidential Professor of Economics

 

 

Half-day Workshop on Public Debt Sustainability
 

Tools for evaluating the sustainability of government debt using fiscal reaction functions, simulations of a two-country dynamic general equilibrium model, and a model of default on domestic public debt, taught by Enrique G. Mendoza, Presidential Professor of Economics

 

Plenary Lectures
 

Distinguished Guest Speaker:  Thomas J. Sargent
Professor of Economics, New York University

A History of U.S. Debt Limits

Distinguished Guest Speaker: Guillermo A. Calvo
Professor of Economics, International and Public Affairs, Columbia University

From Chronic Inflation to Chronic Deflation: Liquidity Mischief

Penn Faculty Lecture: Harold L. Cole
Professor of Economics, University of Pennsylvania

Sovereign Debt Crises: Some Data and Some Theory