The fourth annual workshop of the ESCB Research Cluster 2 on 'International Macroeconomics, Fiscal Policy, Labour Economics, Competitiveness and EMU Governance' took place online on November 23-24, 2020. The research clusters bring together ESCB researchers to present their work within the ESCB research community, exchange ideas and foster open discussions. This year the workshop addresses issues related to the Covid crisis, trade, fiscal policy, productivity and labour markets.
Fourth Annual Workshop: ESCB Research Cluster 2Online event, 23-24 novembre 2020
Programme
- Programmepdf 245.5 KB Publish date::23 November 2020
Welcome address: I. Visco (Governor, Bank of Italy)
- Introduction to the Annual ESCB Workshop "Research Cluster 2"pdf 170.4 KB Publish date::23 November 2020
Invited Speech
- Twenty-five years of temporary employmentppt 4.2 MB Invited Speech by T. Boeri (Bocconi) Publish date::24 November 2020
- The great lockdown and the big stimulus: Tracing the pandemic possibility frontier for the U.S.pdf 939.8 KB B. Moll (LSE) Publish date::23 November 2020
Covid 19 Session: Economic consequences of the lockdown
- Worker heterogeneity and employment recoveries in the face of aggregate demand and pandemic shockspdf 479.8 KB F. Ravenna (DN) Publish date::23 November 2020
- Covid-19, crisis policies and the long runpdf 1.2 MB M. Schmoller (BoF) Publish date::23 November 2020
- Task content and job losses in the great lockdownpdf 1.2 MB F. Petroulakis (NBG) Publish date::23 November 2020
- Firms during the Covid-19 crisisppt 3.9 MB E. Dhyne (NBB) Publish date::23 November 2020
Macro session: International, monetary and fiscal issues
- Monetary and fiscal policies in times of large debt: Unity is strengthpdf 338.2 KB R. Faccini (DN) Publish date::23 November 2020
- Real exchange rate and international spillover effects of US technology shockspdf 639.0 KB M. Klein (Riks) Publish date::23 November 2020
- Carbon tax in a production network: Propagation and sectoral incidencepdf 2.7 MB N. Lisack (BdF) Publish date::23 November 2020
- Classification of Monetary and Fiscal Dominance Regimes Using Machine Learning Techniquespdf 1.1 MB N. Hinterlang (BBk) Publish date::23 November 2020
Micro sessions: Firms and the labor market
- The impact of regulation on innovationpdf 2.8 MB A. Bergeaud (BdF) Publish date::24 November 2020
- The size-centrality relationship in production networkspdf 470.2 KB M. Melolinna (BoE) Publish date::24 November 2020
- Wage determination and the bite of collective contracts in Italy and Spain: Evidence from the metalworking industrypdf 1.1 MB E.Villanueva (BdE) Publish date::24 November 2020
- Natural Unemployment and Activity Rates: Flow-based Determinants and Implications for Price Dynamicspdf 4.3 MB E. Guglielminetti (Bdl) Publish date::24 November 2020
