Video presentations: ADEMU Online workshop

Keynote speeches

Thursday, 8 October

Credit Horizons (with N. Kiyotaki and S. Zhang)

Keynote speaker: John Moore (University of Edinburgh and LSE)

Chair: Rolf Strauch (ESM)

Concluding remarks celebrating the 10th anniversary of EFSF/ESM

Speaker: Klaus Regling (ESM)

Friday, 9 October

Health versus Wealth: On the Distributional Effects of Controlling a Pandemic (with A. Glover, J. Heathcote and D. Krueger)

Keynote speaker: Víctor Ríos-Rull (University of Pennsylvania)

Chair: Stéphane Pallage (University of Luxembourg)


Session 1: Debt and Internal Devaluations

Self-Fulfilling Debt Crises, Fiscal Policy and Investment

Speaker: Carlo Galli (University College London)

Discussant: Giancarlo Corsetti (University of Cambridge)

Session 2: Unions with Default

Fiscal and Currency Union with Default and Exit (with R. Marimon and C. Simpson-Bell)

Speaker: Alessandro Ferrari (University of Zurich)

Discussant: Michal Kobielarz (KU Leuven)

Session 3: Fiscal and Monetary Policies

Shotgun Weddings between Monetary and Fiscal Policies (with T. Sargent)

Speaker: Marco Bassetto (Federal Reserve Bank of Minneapolis)

Discussant: Frank Smets (European Central Bank)

Optimal Fiscal Consolidation under Frictional Financial Markets

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Speaker: Dejanir Silva (University of Illinois, Urbana-Champaign)

Discussant: Rana Sajedi (Bank of England)


Session 4: Monetary and Financial Unions

Monetary Union and Financial Integration

Speaker: Luca Fornaro (CREI)

Discussant: Luis Rojas (MOVE-UAB and Barcelona GSE)

Does a Currency Union Need a Capital Market Union? Risk Sharing via Banks and Markets

Speaker: Markus Sihvonen (Bank of Finland)

Discussant: Matthias Kaldorf (CMR University of Köln)


Session 5: Automation and Labour Mobility

Should Robots Be Taxed? (with J. Guerreiro and S. Rebelo)

Speaker: Pedro Teles (Banco de Portugal and Universidade Católica-Lisbon SBE)

Discussant: Arpad Abraham (University of Bristol and EUI)

Quantifying the Benefits of Labour Mobility in a Currency Union (with C. House, C.Pröbsting)

Video presentation by Christian Pröbsting

Speaker. Linda L. Tesar (University of Michigan)

Discussant: Andreja Lenarcic (ESM)