This biennial conference series focuses on specific topics of relevance for central banks and features six to eight papers that are contributed by leading specialists in the field. The conferences attracts academics and central bankers from around the world. Subject to the regular refereeing process, the papers are published in a special issue of the Journal of Monetary Economics. The conference series was started in 1992 with the next edition being held in 2026.
The topic of the conference is ‘Macroeconomic Policy’’ and will be held in honor of Robert J. Barro. All aspects of macroeconomic policy (monetary, fiscal, growth, financial,..) will be considered.
16:00 – 21:00
Shuttle Service from Wichtrach Train Station
We offer a free shuttle service for our participants from Wichtrach train station to the Study Center Gerzensee
19:00
Opening Buffet
Chair: Florian Scheuer (University of Zurich)
09:00 – 10:00
The Old Keynesian Model
Presenter: Robert J. Barro (Harvard University)
Discussant: Jordi Gali (CREI and Universitat Pompeu Fabra)
10:00 – 10:30
Coffee Break
10:30 – 11:30
Rotemberg meets Barro-Grossman
Presenter: George-Marios Angeletos (Northwestern University)
Discussant: tbd
11:30 – 12:30
Productivity and inflation dynamics
Presenter: Silvana Tenreyro (London School of Economics)
Discussant: Frank Smets (Bank for International Settlements)
Chair: Martin Brown (Study Center Gerzensee)
12:45 – 14:15
Standing Lunch and Young Researcher Poster Session
Chair: George-Marios Angeletos (Northwestern University)
15:00 – 16:00
The Macroeconomics of Tariff Shocks
Presenter: Matthew Rognlie (Northwestern University)
Discussant: Anastasios Karantounias (University of Surrey)
16:00 – 17:00
The United States of Europe
Presenter: Jaume Ventura (CREI)
Discussant: Philippe Bacchetta (University of Lausanne)
17:00 – 17:30
Coffee Break
Chair: Harris Dellas (University of Surrey and Karl Brunner Institute)
17:30 – 18:45
Macroeconomic Policy
Panelists: Robert J. Barro (Harvard University), Martin Eichenbaum (Northwestern University), Harald Uhlig (University of Chicago)
19:00
Dinner
Chair: Silvana Tenreyro (London School of Economics)
09:00 – 10:00
Ricardian equivalence and the maturity of government debt
Presenter: Ricardo Reis (London School of Economics)
Discussant: Bruno Biais (HEC Paris)
10:00 – 10:30
Coffee Break
10:30 – 11:30
Monetary Policy with Partial Fiscal Backing
Presenter: Roberto M. Billi (Sveriges Riksbank)
Discussant: Leonardo Melosi (European University Institute)
11:30 – 12:30
Dynamic Efficiency With Private Information
Presenter: Jean-Charles Rochet (Toulouse School of Economics)
Discussant: tbd
13:00
Departure for Excursion
Martin Brown (Study Center Gerzensee)
Sylvia Kaufmann (Study Center Gerzensee)
Marc-Antoine Ramelet (Swiss National Bank)