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94 results, from 81
  • June 1, 2016

    Seminar

    Does the New Keynesian Model Have a Uniqueness Problem?
    L. Christiano, M. Eichenbaum and B. Johannsen

    Speaker: Lawrence Christiano, Northwestern University
    Location: Schumpeter Hall
    Mohrenstr. 58
    10117 Berlin
    Time: 12:00 - 13:15

    This paper addresses whether non-uniqueness of equilibrium is a substantive problem for policy analysis in New-Keynesian (NK) models. There would be a substantive problem if there were no compelling way to select among different equilibria that give different answers to critical policy questions. In fact there is: stability-under-learning. We focus our analysis on the efficacy of …fiscal policy ...

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  • May 25, 2016

    Seminar

    Income inequality and macroeconomic instability

    Speaker: Till van Treeck, Universität Duisburg-Essen
    Location: Gustav-Schmoller-Raum
    DIW Berlin im Quartier 110
    Room 3.3.002A
    Mohrenstraße 58
    10117 Berlin
    Time: 12:00 - 13:15

    We investigate whether changes in income distribution can explain current account developments in a sample of 20 countries for the period 1972-2007. We analyze the relationship between the personal and the functional income distribution in our sample, before disentangling their effects on the household and corporate financial balances and the current account. We find that rising (top-end) personal ...

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  • May 18, 2016

    Seminar

    Currency Wars: Who Gains from the Battle?

    Speaker: Roy Kouwenberg, Mahidol University
    Location: Gustav-Schmoller-Raum
    DIW Berlin im Quartier 110
    Room 3.3.002A
    Mohrenstraße 58
    10117 Berlin
    Time: 12:00 - 13:15

    We study the growth effects of currency undervaluation when countries employ active exchange rate management policies or impose capital controls, using a panel dataset of 185 countries. Applying two-stage regressions, we find that changes in undervaluation driven by exchange rate management and capital control policies have no significant impact on economic growth. Undervaluation that leads to ...

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  • May 11, 2016

    Seminar

    Optimal Margins and Equilibrium Prices

    Speaker: Florian Heider, European Central Bank
    Location: Gustav-Schmoller-Raum
    DIW Berlin im Quartier 110
    Room 3.3.002A
    Mohrenstraße 58
    10117 Berlin
    Time: 12:00 - 13:15

    We study the interaction between contracting and equilibrium pricing when risk-averse hedgers purchase insurance from risk-neutral investors subject to moral hazard. Moral hazard limits risk-sharing. In the individually optimal contract, margins are called (after bad news) to improve risk-sharing. But margin calls depress the price of investors' assets, affecting other investors negatively. ...

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  • May 4, 2016

    Seminar

    An Appraisal of Taylor Rules in an Open Economy

    Speaker: Alfred Guender, University of Canterbury
    Location: Gustav-Schmoller-Raum
    DIW Berlin im Quartier 110
    Room 3.3.002A
    Mohrenstraße 58
    10117 Berlin
    Time: 12:00 - 13:15

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    • Documents
  • April 27, 2016

    Seminar

    Nominal and Real Stochastic Convergence of the BRICS Economies

    Speaker: Renatas Kizys, University of Portsmouth
    Location: Gustav-Schmoller-Raum
    DIW Berlin im Quartier 110
    Room 3.3.002A
    Mohrenstraße 58
    10117 Berlin
    Time: 12:00 - 13:15

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  • April 20, 2016

    Seminar

    Bootstrap Joint Prediction Regions

    Speaker: Michael Wolf, Universität Zürich
    Location: Ferdinand-Friedensburg-Raum
    DIW Berlin
    Room 2.3.001
    Mohrenstraße 58
    10117 Berlin
    Time: 12:00 - 13:15

    Many statistical applications require the forecast of a random variable of interest over several periods into the future. The sequence of individual forecasts, one period at a time, is called a path forecast, where the term path refers to the sequence of individual future realizations of the random variable. The problem of constructing a corresponding joint prediction region has been rather ...

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  • March 30, 2016

    Event

    Asian Development Outlook 2016

    Speaker: Introduction by Marcel Fratzscher, President of DIW BerlinOpening Remarks by Hans-Joachim Fuchtel, Parliamentary State Secretary, BMZ Presentation of the Asian Development Outlook 2016 by Juzhong Zhuang, Deputy Chief Economist of ADB Panel Discussion withLudger Schuknecht, Head of the Directorate General I, Federal Ministry of Finance Jörg Zeuner, Chief Economist at KfW Banking Group and Head of the Economics DepartmentJuzhong Zhuang, Deputy Chief Economist of ADBChair: Marcel Fratzscher, President of DIW Berlin
    Location: Schumpeter Hall
    Mohrenstr. 58
    10117 Berlin
    Time: 2.00 p.m - 4.00 p.m.

    Presentation of the Asian Development Outlook 2016 by Juzhong Zhuang, Deputy Chief Economist of ADB. Juzhong Zhuang joined the ADB in 1997, and currently works in the Economics and Research Department. His division produces policy research on long-term development issues facing Asia and the Pacific and supports ADB’s operations to strengthen the economic rationale of its lending and non ...

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  • February 9, 2016

    Event

    Tackling Poverty and Boosting Shared Prosperity in the face of Global Challenges Ahead

    Speaker: Sri Mulyani IndrawatiManaging Director and Chief Operating Officer of the World Bank , Marcel Fratzscher
    Location: Schumpeter Hall
    Mohrenstr. 58
    10117 Berlin
    Time: 16.00 Uhr - 17.30 Uhr

    We ended 2015 with good news: For the first time in history, the number of extremely poor people dropped below 10 percent. The new sustainable development goals and the Paris climate deal bring momentum to our effort to lift the remaining 700 million poor out of poverty while generating climate-smart economic growth. Hardly ever before did so many governments, businesses, international ...

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  • October 21, 2014

    Event

    Investment Weakness in the Euro Area and the Need for Public Investment - The IMF Perspective

    Location: Schumpeter Hall
    Mohrenstr. 58
    10117 Berlin
    Time: 12.30 pm to 2.00 pm

    Davide Furceri | IMF Research DepartmentBergljot Barkbu | Deputy Representative, IMF Europe Office in Paris and Brussels As highlighted in the IMF's article IV consultation report for the euro area, investment across the euro area remains below its pre crisis level. Its performance has been weaker than in most previous recessions and financial crises. The IMF analysis shows that much of this ...

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  • February 4, 2014

    Event

    Jobs and Growth: Supporting the European Recovery

    Location: Schumpeter Hall
    Mohrenstr. 58
    10117 Berlin
    Time: 12.00 p.m. to 1.15 p.m.

    DIW Berlin and IMF cordially invite you to the Presentation on the forthcoming IMF book on "Jobs and Growth: Supporting the European Recovery" PresentersJesmin Rahman is Deputy Head of the Emerging Europe Unit in the IMF's European Department. Martin Schindler is Senior Economist in the IMF's European Department.Antonio Spilimbergo is Head of the Northeastern Unit in the IMF's European ...

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  • June 6 - 7, 2013

    Graduate Center Masterclasses

    Open Economy Macroeconomics

    Speaker: John H. Rogers, Board of Governors of the Federal Reserve System
    Location: Eleanor-Dulles-Raum
    DIW Berlin im Quartier 110
    Room 5.2.010
    Mohrenstraße 58
    10117 Berlin
    Time: 14:00 - 18:00 (06.06.)
    09:00 - 12:30 (07.06.)

    Masterclasses are a series of one- or two day courses on various topics in Economics, organized by the DIW Graduate Center. The target audience consists of graduate students in Economics at Berlin universities and research institutes. The GC Masterclasses are held on an irregular basis at DIW Berlin (about once a month) and are open to all affiliates of DIW Berlin, those of the BDPEMS program, and ...

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  • May 2 - 4, 2013

    Event

    AIECE Spring Meeting

    Location: Schumpeter Saal
    DIW Berlin im Quartier 110
    Mohrenstraße 58
    10117 Berlin

    Website AIECE

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  • April 12, 2012

    Berlin Lunchtime Meeting

    ESBies: Eine Zwei-Säulen-Strategie für Europa

    Location: Schumpeter Saal
    DIW Berlin im Quartier 110
    Mohrenstraße 58
    10117 Berlin
    Time: 12:00 - 13:00

    Vortrag: Markus K. Brunnermeier | Princeton UniversityKommentar: Dr. Christian Kastrop | Bundesministerium der FinanzenModeration: Dr. Ferdinand Fichtner | DIW BerlinEine europäische Schulden- und Fiskalstruktur ist nur gut, wenn sie auf zwei Säulen beruht. Zum einen muss ein institutioneller Rahmen geschaffen werden, der negative Externalitäten der Verschuldung einzelner Mitgliedsl ...

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94 results, from 81
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