The annual workshop

The BCAM Annual Workshop facilitates discussions between academics, researchers, students and economists from universities, banks and corporations across the globe.

Since the first Workshop in 2014, we have welcomed many world-renowned speakers who have discussed research modelling issues and presented working papers on a variety of cutting-edge topics in macroeconomics.

Find out more about past BCAM workshops.

2019: The Fifth Annual Workshop

This workshop was held on Friday 14 June 2019, in Room 101, 30 Russell Square.

2018

• Professor Paul De Grauwe (LSE) and Professor Andrés Erosa (Carlos III) were keynote speakers at the fourth annual Workshop, which provided an excellent opportunity to meet world-renowned researchers working in applied macroeconomics and discuss current research in the field. The speakers and participants examined theoretical and empirical research modelling issues in an insightful exchange of ideas.

  Conference papers

  • 'Innovation and Trade Policy in a Globalised World', Giammario Impullitti (University of Nottingham).
  • 'Biased Technological Change and Employment', Zsofia L. Baranyy (Sciences Po) and Christian Siegel (University of Kent).
  • 'Rising Inequality and Trends in Leisure', Timo Boppart (IIES, Stockholm University) and L. Rachel Ngai (LSE).
  • 'Structural Reforms and Monetary Policies in a Behavioral Macroeconomic Model', Paul De Grauwe (LSE) and Yuemei Ji (UCL).
  • 'Work-Sharing and the Fall of Unemployment in Germany', Carlos Carrillo-Tudela (University of Essex), Andrey Launov (University of Kent) and Jean-Marc Robin (Sciences Po and UCL).

2016

• Professor Wouter J. Den Haan (LSE) and Professor Paul Levine (University of Surrey) delivered the keynote lectures at the third annual Workshop, on 'Unemployment (Fears), Precautionary Savings and Aggregate Demand' and 'New Keynesian Behavioural Models and Monetary Policy'respectively. Birkbeck and Ghent University PhD students had the opportunity to present their research.

  Conference papers

  • 'Residential Land Supply in 27 EU Countries: Pigovian Controls or Nimbyism?', Lasse de la Porte Simonsen (Birkbeck) and Stephen Wright (Birkbeck).
  • 'Unemployment (Fears) and Deflationary Spirals', Wouter J. Den Haan (LSE), Pontus Rendahl (University of Cambridge), and Markus Riegler (University of Bonn).
  • 'Deepening Contractions and Collateral Constraints', Henrik Jensen (University of Copenhagen), Søren Hove Ravn (University of Copenhagen) and Emiliano Santoro (University of Copenhagen).
  • 'Time-Consistent Institutional Design', Charles Brendon (University of Cambridge) and Martin Ellison (University of Oxford).
  • 'Private Debt Overhang and the Government Spending Multiplier: Evidence for the United States', Marco Bernardini (Ghent University) and Gert Peersman (Ghent University).
  • 'New Real-Time Evidence of the U.S. External Variables', Hande Kamu (Birkbeck).
  • 'EM Estimation of Dynamic Panel Data Models with Heteroskedastic Random Coecients', Andrea Nocera (Birkbeck).

  Presentation videos

  • Introduction and 'Informative Social Interactions', Yunus Aksoy and Chryssi Giannitsarou.
  • 'Residential Land Supply in 27 EU Countries', Stephen Wright and Lasse Simonsen.
  • 'Household Portfolios in a Secular Stagnation World: Evidence from Japan', Kalin Nikolov.
  • 'Deeping Contractions and Collateral Constraints', Søren Hove Ravn.
  • 'Time-Consistent Institutional Design', Martin Ellison.

2015

• Professor Martin Eichenbaum (Northwestern University) delivered the keynote lecture at the second annual Workshop on 'Unemployment and Business Cycles'.

  Conference papers

  • 'Lending Standards, Credit Booms, and Monetary Policy', Elena Afanasyeva (Goethe University) and Jochen Güntner (Johannes Kepler University).
  • 'Structural Reforms in a Debt Overhang', Javier Andrés (University of Valencia), Óscar Arce (Bank of Spain) and Carlos Thomas (Bank of Spain).

  Presentation videos

  • Introduction, Yunus Aksoy
  • 'Lending Standards, Credit Booms, and Monetary Policy'
  • 'Endogenous Financial Crises in a Model of Occasionally Binding Constrained Borrowing'
  • 'Designing Capital Regulation in a Quantitative Macroeconomic Model'
  • 'Structural Reforms in a Debt Overhang'.
  • 'Following the Trend: Tracking GDP when Long-Run Growth is Uncertain'.
  • 'Demographic Structures and Macroeconomic Trends'.
  • 'Monetary Policy and Long-Term Interest Rates'.
  • Closing remarks, John Driffill.

2014

• Professor Hubert Kempf (Higher School of Economics) delivered the keynote lecture at the inaugural Workshop on 'The Perils of Sovereign Defaults'.

  Conference papers

  • 'Leaning Against Windy Bank Lending'.
  • 'Securitization and Asset Prices'.
  • 'Quantitative Easing and Bank Lending'.
  • 'The Impact of Uncertainty Shocks under Measurement Error: A Proxy SVAR Approach'.
  • 'Loss Aversion and the Asymmetric Transmission of Monetary Policy'.
  • 'Adaptive Learning, Incomplete Knowledge and Unemployment Volatility'.