1st Heidelberg-Tübingen-Hohenheim (HeiTüHo) Workshop on International Financial Markets

Schloss Hohentübingen, December 7th - 8th 2018

Organized by Zeno Enders (University of Heidelberg), Gernot Müller (University of Tübingen), and Michael Evers (University of Hohenheim)


The state of Baden-Württemberg is a powerhouse of the global economy. Its welfare is therefore  - perhaps more than elsewhere - dependent on the proper functioning of international financial markets. The workshop aims at bringing together leading scholars from Baden-Wüttermberg and abroad in order to discuss recent phenomena and developments in the global economy as well as their implications for economic policy.


Extract from the conference program

 

Friday, December 7th

 

14:00 - 15:40 Session 1: Exchange rates

Currency Manipulation by Thomas Mertens , Federal Reserve Bank of San Francisco (joint work with Tarek Hassan, and Tony Zhang)

Exchange rate overshooting? by Thomas Hettig, University of Tübingen (joint work with Gernot Müller, and Martin Wolf)

 

16:00 - 17:40 Session 2: Euro-area wide unemployment insurance

Optimal Federal Unemployment Insurance – Theory, and an application to Europe by Keith Kuester, University of Bonn (joint work with Marek Ignaszak and Philip Jung)

On a European Unemployment Insurance by David A. Vespermann, University of Heidelberg (joint work with Zeno Enders)

 

Saturday, December 8th

 

9:00 - 10:00 Keynote lecture

Exchange Rates and Uncovered Interest Differentials: The Role of Permanent Monetary Shocks by Stephanie Schmitt-Grohé, Columbia University (joint work with Martin Uribe)

 

10:00 - 10:50

Revisiting the Costs of Self-Oriented National Monetary Rules by Martin Bodenstein, Federal Reserve Board (joint work with Giancarlo Corsetti and Luca Guerrieri)

 

11:10 - 12:50 Session 3: Nominal rigidities

Price Rigidity and the Origins of Aggregate Fluctuations by Raphael Schoenle, Brandeis University (joint work with Michael Weber and Ernesto Pasten)

Fiscal shocks, wage rigidities, and exchange rate dynamics by Francesco D’Ascanio, University of Tübingen (joint work with Benjamin Born, Gernot Müller, and Johannes Pfeifer)

 

14:00 - 15:40 Session 4: Interest rate spreads

The term structure of redenomination risk by Alexander Kriwoluzky, DIW Berlin (joint work with Christian Bayer and Chi Kim)

Market discipline by Susanne Wellmann, University of Tübingen (joint work with Benjamin Born, Gernot Müller and Johannes Pfeifer)

 

16:00 - 17:40 Session 5: Forecasting

Revisions to Potential Output Estimates in the EU after the Great Recession by Christopher Zuber, University of Heidelberg (joint work with Jonas Dovern)

Phillips Curves in Noisy Information Forecasts by Markus Kontny, University of Hohenheim

 

For further information please also have a look at the  conference program (preliminary)