The Banco de España is launching the first of a series of academic conferences on the Spanish economy, to be held on 7 and 8 July 2022 at the Banco de España’s headquarters in Madrid.
This new conference series aims at bringing together top researchers to present their recent work on topics that are of critical importance for the Spanish economy, as well as distinguished policy-makers to discuss their views on these topics.
This first conference will include academic sessions on the labour market, on the link between productivity and finance, on inflation, and on energy and climate change. It will also feature an opening speech by Pablo Hernández de Cos, Governor of the Banco de España, and a closing panel discussion on “Public finances: fiscal reform and sustainability”.
Please note that attendance is by invitation only.
7 July 2022 - 8 July 2022
Madrid
Speakers
7 July
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- 09:30h - 10:00h
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Welcome address
( 184 KB )
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- 10:00h - 11:00h
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LABOUR MARKET
Geographic Mobility over the Life-Cycle
Authors: Antonia Díaz, Álvaro Jáñez, Felix Wellschmied
Speaker: Antonia Díaz
(1 MB) (Universidad Carlos III de Madrid)Discussant: Tom Schmitz
(274 KB) (Università Bocconi)
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- 11:00h - 11:30h
- Coffee break
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- 11:30h - 13:30h
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LABOUR MARKET
Employment Effects of Restricting Fixed-Term Contracts: Theory and Evidence
Authors: Pierre Cahuc, Pauline Carry, Franck Malherbert and Pedro S. Martins.
Speaker: Pierre Cahuc (Sciences Po) / Pauline Carry (ENSAE - Ecole Polytechnique)
(1 MB)Discussant: Samuel Bentolila
(379 KB) (CEMFI)Early-Career Job Instability and Life-Cycle Income Dynamics
Authors: Antonio Cabrales, Maia Güell and Rocío Madera
Speaker: Rocío Madera
(1 MB) (Southern Methodist University)Discussant: Caterina Calsamiglia (Barcelona School of Economics)
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- 13:30h - 14:30h
- Lunch break
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- 14:30h - 16:30h
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PRODUCTIVITY AND FINANCIAL FRICTIONS
Government Procurement and Access to Credit: Firm Dynamics and Aggregate Implications
Authors: Julian di Giovanni, Manuel García-Santana, Priit Jeenas, Enrique Moral‑Benito and Josep Pijoan-Mas.
Speaker: Manuel García-Santana
(624 KB) (Universitat Pompeu Fabra)Discussant: Eduardo Morale
(252 KB)s (Princeton University)Finance over the Life Cycle of Firms
Author: Federico Kochen
Speakers: Federico Kochen
(4 MB) (New York University)Discussant: Carolina Villegas
(645 KB) (ESADE)
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- 16:30h - 17:00h
- Coffee break
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- 17:00h - 19:00h
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INFLATION
New Facts on Consumer Price Rigidity in the Euro Area
Authors: Erwan Gautier, Cristina Conflitti, Riemer P. Faber, Brian Fabo, Ludmila Fadejeva, Valentin Jouvanceau, Jan-Oliver Menz, Teresa Messner, Pavlos Petroulas, Pau Roldan-Blanco, Fabio Rumler, Sergio Santoro, Elisabeth Wieland, Hélène Zimmer.
Speaker: Erwan Gautier
(3 MB) (Banque de France)Discussant: Huw Dixon
(646 KB) (Cardiff University)How likely is an inflation disaster?
Authors: Jens Hilscher, Alon Raviv and Ricardo Reis.
Speaker: Alon Raviv
(2 MB) (Bar-Ilan University)Discussant: Ricardo Gimeno
(934 KB) (Banco de España)
8 July
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- 09:30h - 11:30h
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ENERGY AND CLIMATE CHANGE
CO2 Emissions and Energy Technologies in Western Europe
Authors: J. Barrera-Santana, Gustavo A. Marrero, Luis A. Puch, Antonia Díaz
Speaker: Gustavo A. Marrero
(3 MB) (Universidad de La Laguna)Discussant: Marta Suárez-Varela
(333 KB) (Banco de España)Does Pricing Carbon Mitigate Climate Change? Firm-Level Evidence from the European Union Emissions Trading Scheme
Authors: Jonathan Colmer, Ralf Martin, Mirabelle Muûls, Ulrich J. Wagner.
Speaker: Ralf Martin
(4 MB) (Imperial College London)Discussant: Stefan Lamp
(436 KB) (Universidad Carlos III de Madrid)
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- 11:30h - 12:00h
- Coffee break
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- 12:00h - 13:30h
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ENERGY AND CLIMATE CHANGE
The Distributional Impacts of Real Time Pricing
Authors: M. Cahana, Natalia Fabra, Mar Reguant and J.Wang
Speaker: Mar Reguant
(1 MB) (Northwestern University)Discussant: Kevin Remmy
(69 KB) (University of Mannheim)
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- 13:30h - 14:30h
- Lunch break
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- 14:30h - 16:00h
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PANEL DISCUSSION: PUBLIC FINANCES: FISCAL REFORM AND SUSTAINABILITY
Panelists:
Rafael Doménech
(1 MB) (BBVA Research)Esther Gordo
(425 KB) (AIReF)Jesús Ruiz-Huerta
(253 KB) (Universidad Rey Juan Carlos)Roberta Poza
(373 KB) (PwC)
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- 16:15h - 17:00h
- Farewell remarks