Sobre el Banco

Introductory remarks    (78 KB)

Juan Ayuso (Director, Department of Monetary and Financial Studies, Banco de España)

"On the sources of the great moderation"    (372 KB)

Jordi Galí (CREI, Universitat Pompeu Fabra and CEPR) and Luca Gambetti (Universitat Autònoma de Barcelona)

Discussant: Gabriel Pérez-Quirós (Banco de España)  (227 KB)

"Monetary policy and the great moderation"    (301 KB)

Klaus Adam (European Central Bank and CEPR)

Discussant: Marco del Negro (Federal Reserve Bank of New York)  (1.010 KB)

"Understanding the international great moderation"    (336 KB)

Vincenzo Quadrini (University of Southern California and CEPR) and Fabrizio Perri (University of Minnesota)

Discussant: Gianluca Benigno (London School of Economics)  (264 KB)

"The inflation-unemployment trade-off at low inflation rates"    (430 KB)

Pierpaolo Benigno (LUISS Guido Carli and CEPR) and Luca Antonio Ricci (International Monetary Fund)

Discussant: Florin Bilbiie (HEC)  (46 KB)

"Financial integration, productivity and capital accumulation"    (358 KB)

Alessandra Bonfiglioli (Institute for Economic Analysis, CSIC)

"How big are the gains from international financial integration?"    (415 KB)

Indrit Hoxha (University of Houston), Sebnem Kalemli-Ozcan (University of Houston, Bilkent University and ECB) and Dietrich Vollrath (University of Houston)

"Rethinking the effects of financial liberalization"    (268 KB)

Fernando A. Broner (CREI, Universitat Pompeu Fabra and CEPR) and Jaume Ventura (CREI, Universitat Pompeu Fabra and CEPR)

"Stock market comovements and industrial structure"    (481 KB)

Pushan Dutt (INSEAD) and Ilian Mihov (INSEAD and CEPR)

"U.S. labor market dynamics and the business cycle"    (440 KB)

Eran Yashiv (Tel Aviv University and CEPR)

Christian Haefke (Institute for Advanced Studies, Vienna)
Michael Reiter (Institute for Advanced Studies, Vienna)

"Inflation dynamics with search and matching in the labour market: a survey of alternative specifications"    (538 KB)

Kai Christoffel (ECB), James Costain (Banco de España), Gregory de Walque (ECB), Keith Kuester (ECB), Tobias Linzert (ECB), Stephen Millard (Bank of England) and Olivier Pierrard (Bank of Luxembourg)

"The role of labor markets for euro area monetary policy"    (533 KB)

Kai Christoffel (ECB), Keith Kuester (ECB) and Tobias Linzert (ECB)

"Intertemporal distortions in the second best"    (312 KB)

Stefania Albanesi (Columbia University and CEPR) and Roc Armenter (Federal Reserve Bank of New York)

Discussant: Tatiana Kirsanova (University of Exeter)  (24 KB)

"Rotten Parents and Disciplined Children: A Politico-Economic Theory of Public Expenditure and Debt"    (504 KB)

Zheng Song (Fudan University), Kjetil Storesletten (University of Oslo and CEPR) and Fabrizio Zilibotti (University of Zurich and CEPR)

Discussant: Nicola Gennaioli (CREI, Universitat Pompeu Fabra)  (50 KB)

"In Search of a Theory of Debt Management"    (421 KB)

Elisa Faraglia (London Business School) and Andrew Scott (London Business School and CEPR)

Discussant: Dirk Niepelt (IIES and University of Bern)  (108 KB)

"The Aggregate Effects of Anticipated and Unanticipated Tax Policy Shocks: Theory and Empirical Evidence for the United States"    (747 KB)

Karel Mertens (Cornell University) and Morten O. Ravn (Institut d'Analisi Economica and CEPR)

Discussant: Juan Rubio Ramirez (Duke University)  (239 KB)

"Dynamics of the Price Distribution in a General Model of State-Dependent Pricing"    (582 KB)

James Costain (Banco de España) and Anton Nakov (Banco de España)

"Lumpy Investment and State-Dependent Pricing in General Equilibrium"    (274 KB)

Michael Reiter (Institute for Advanced Studies, Vienna), Tommy Sveen (Norges Bank) and Lutz Weinke (Duke University)

Ron Alquist (University of Michigan) and Lutz Kilian (University of Michigan)

"Inflation Differentials in a Currency Union: A DSGE Perspective"    (364 KB)

Pau Rabanal (La Caixa)

"Culture as Learning: The Evolution of Female Labor Force Participation over a Century"    (532 KB)

Raquel Fernandez (New York University and CEPR)

"Gender Roles and Technological Progress"    (411 KB)

Stefania Albanesi (Columbia University, NBER and CEPR)
Claudia Olivetti (Boston University)

"Joint-Search Theory: New Opportunities and New Frictions"    (381 KB)

Bulent Guler (University of Texas, Austin), Fatih Guvenen (University of Minnesota) and Giovanni L. Violante (New York University, CEPR, and NBER)

"Bling Bling, Human Capital, and Poverty"    (264 KB)

Omer Moav (Hebrew University, Royal Holloway University of London and CEPR) and Zvika Neeman (Tel Aviv University)

"Business Cycle Dynamics under Rational Inattention"    (403 KB)

Bartosz Adam Mackowiak (European Central Bank and CEPR) and Mirko Wiedeholt (Northwestern University)

Discussant: James Costain (Banco de España)  (162 KB)

"The International Propagation of News Shocks"    (534 KB)

Paul Beaudry (University of British Columbia), Martial Dupaigne (GREMAQ and Toulouse School of Economics) and Franck Portier (Toulouse School of Economics, Gremaq and CEPR)

Discussant: Luca Dedola (ECB)  (101 KB)

"Housing Bubbles"    (500 KB)

Oscar J. Arce (Banco de España) and J. David López-Salido (Federal Reserve Board and CEPR)

Discussant: Kaiji Chen (University of Oslo)  (190 KB)

"Expectations, Learning and Business Cycle Fluctuations"    (389 KB)

Stefano Eusepi (Federal Reserve Bank of New York) and Bruce Preston (Columbia University)

Discussant: Kristoffer Nimark (NYU and Reserve Bank of Australia)  (139 KB)

"International Portfolios, Capital Accumulation and Foreign Asset Dynamics"    (383 KB)

Nicolas Coeurdacier (London Business School and CEPR), Robert Kollmann (Free University of Brussels, ECARES and CEPR) and Philippe Martin (Universite Paris I, PSE and CEPR)

Discussant: Matthias Doepke (University of California, Los Angeles)  (53 KB)

"When Bonds Matter: Home Bias in Goods and Assets"    (675 KB)

Nicolas Coeurdacier (London Business School and CEPR) and Pierre-Olivier Gourinchas (University of California Berkeley and CEPR)

Discussant: Elias Papaioannou (Dartmouth University)

"Learning the Wealth of Nations"    (414 KB)

Francisco Buera (Northwestern University), Alex Monge-Naranjo (Northwestern University) and Giorgio E. Primiceri (Northwestern University and CEPR)

Discussant: Rubén Segura-Cayuela (Banco de España)  (201 KB)

George Alessandria (Federal Reserve Bank of Philadelphia), Joseph Kaboski (Ohio State University) and Virgiliu Midrigan (New York University)

Discussant: Ruediger Bachmann (University of Michigan)  (245 KB)

"Procompetitive Losses from Trade"    (349 KB)

Paolo Epifani (Bocconi University) and Gino A. Gancia (CREI, Universitat Pompeu Fabra and CEPR)

"Varieties and the Transfer Problem: The Extensive Margin of Current Account Adjustment"    (286 KB)

Giancarlo Corsetti (European University Institute and CEPR), Philippe Martin (University of Paris I and CEPR) and Paolo Pesenti (Federal Reserve Bank of New York and CEPR)

"Globalization and Labor Market Outcomes: Wage Bargaining, Search Frictions, and Firm Heterogeneity"    (608 KB)

Julien Prat (Vienna University), Gabriel Felbermayr (University of Tübingen) and Hans-Jorg Schmerer (University of Nottingham)

"Elasticity Optimism"    (391 KB)

Jean Imbs (HEC and CEPR)

"Search Frictions, Real Rigidities and Inflation Dynamics"    (318 KB)

Carlos Thomas (Banco de España)

"Anticipated Growth and Business Cycles in Matching Models"    (346 KB)

Wouter Den Haan (University of Amsterdam and CEPR) and Georg Kaltenbrunner (London Business School)

"To Target Inflation or Not to Target: A Conditional Answer"    (344 KB)

Luca Gambetti (Universitat Pompeu Fabra) and Evi Pappa (Universitat Autònoma de Barcelona and CEPR)

"Estimating DSGE Models with Unfiltered Data"    (321 KB)

Fabio Canova (CREI and Universitat Pompeu Fabra)