This Event has been completed. You can download the programme presentations and discussants comments.
Organised by the Centre for Finance and Credit Markets, Nottingham and we are grateful for co-funding from the Money, Macro and Finance Research Group and the School of Economics, Nottingham.
Location: East Midlands Conference Centre, 1st floor Gallery, University of Nottingham, University Park, Nottingham, NG7 2RD.
There is car parking at the East Midlands Conference Centre. A taxi from Nottingham station will take about 10 minutes to the University Park Campus. You should enter the campus using the west entrance, following the signs to the East Midlands Conference Centre which will be on your right.
Enter the East Midlands Conference Centre using the main entrance facing the car park and go up the stairs to the first floor. The workshop is being held in a room on the Gallery overlooking the main entrance. See the website for further details http://www.nottinghamconferences.co.uk/emcc/
Reminder: MMF will refund the reasonable travelling expenses of UK-based academics and PhD students to attend this meeting. In most cases we expect to refund the equivalent of Saver train tickets.
Programme
10.30-11.00: Welcome and coffee
Morning session
11.00-12.30: Chair: Christos Koulovatianos (CFCM, University of Nottingham)
"Long-run effects of idiosyncratic uncertainty in a model with credit market frictions" Atsuyoshi Morozumi (CFCM, Nottingham) and Santiago Acosta Ormaechea (IMF)
“Financial Factors in Economic Fluctuations” Lawrence Christiano (Northwestern University), Roberto Motto (ECB), Masimo Rostagno (ECB)
Discussant: Stephen Millard (Bank of England)
12.30-14.00: Buffet Lunch
Afternoon sessions
14.00-15.30: Chair: John Tsoukalas (CFCM, University of Nottingham)
“High Cross Country Correlations of Prices and Interest Rates”
Roman Sustek (CFCM, University of Nottingham), Espen Henriksen (University of California-Santa Barbara) and Fynn Kydland (University of California-Santa Barbara)
"Understanding the Macroeconomic Effects of Working Capital in the UK"
Emilio Fernandez-Corugedo (Bank of England), Michael McMahon (Warwick University), Stephen Millard (Bank of England), and Lukasz Rachel (Bank of England)
Discussant: Kevin Lee (CFCM, University of Nottingham)
15.30-16.00: Coffee break
16.00-17.00: Chair: Paul Mizen (CFCM, University of Nottingham)
Keynote Lecture
“Financial Intermediation and Credit Policy in Business Cycle Analysis”
Mark Gertler (NYU) and Nobuhiro Kiyotaki (Princeton University)