Centre for International Macroeconomic Studies - Workshop 1
- When?
- Thursday 19 August 2010, 11.00am to 5.30pm
- Where?
- Room 40AD00
- Open to:
- Staff
This is a `working’ workshop focusing on introducing three features into core DSGE models: CES production, non-zero steady state inflation and one-step estimation of the detrending method and the model. The third paper proposes a new way of formulating Taylor rules in DSGE models, so perhaps this too should also be part of the new ‘workhorse model’.
Programme:
11.30. Coffee and introduction.
12.00-1.00 Towards a New Workhorse Empirical DSGE Model: Some Preliminary Results for a Model with a CES Production Function and Non-Zero Steady-State Inflation. Cristiano Cantore, Paul Levine and Bo Yang.
1.00-2.00 Lunch.
2.30-3.30 Trend Agnostic One-Step Estimation of DSGE Models. Filippo Ferroni.
3.30-3.45 Coffee.
3.45-4.45 Words, Deeds and the Forward-Lookingness of Central Bankers. Vasco Gabriel, Paul Levine and Christopher Spencer.
7.00 Dinner in Guildford