The Eurozone under stretch « Tagungen und Kolloquien

This conference brings together top researchers (economists, political economist, political scientists) and practitioners working on economic governance of the Eurozone in order to provide a state-of-the art analysis of the magnitude and consequences of economic divergence in the EMU, to assess the capacities of the current governance structures to deal with regional divergences and to discuss potential ways forward to improving the governance mechanisms in the EMU.

Programm

09:00-09:15
Welcome address

09:15-10:00
Key-note speech: Asymmetric Adjustment in Monetary Unions: Evidence from the Euro Area
Lorenzo Bini-Smaghi, Board Member, European Central Bank

10:00-11:30
Panel I: Divergences in EMU: Empirical Facts

Economic Divergences in EMU? Facts and Implications
Nouriel Roubini, Elisa Parisi-Capone and Christian Menegatti, RGE Monitor

Italy and Germany: Convergence or Divergence for the euro laggards?
Daniel Gros, CEPS

Inflation Differentials in EMU: why is Germany’s wage growth slower than average? (Slides)
Benedicta Marzinotto, Università degli studi di Udine/Chatham House

Chair: Sebastian Dullien, FTD/SWP

11:30-11:45
Coffee break

11:45-13:15
Panel II: Divergences in EMU: Theoretical Background

Are Divergences Stabilizing or Destabilizing in the long run? (Slides)
Veronique Riches-Flores, Société Générale

Driving forces behind the wage costs differentials in Europe? Productivity is not the whole story
Camille Logeay, Institut für Makroökonomie und Konjunkturforschung

Inflation Differentials and Labor Market Institutions in the EMU (Slides)
Alessia Campolmi, Universita’ di Bologna / Ester Faia, Universitat Pompeu Fabra

Chair: Nouriel Roubini, RGE Monitor

13:15-14:15
Lunch

14:15-15:45
Panel III: Existing adjustment mechanisms: How well do they work?

A non-Taylor rule based decomposition of national strains under Europe's single monetary policy (Slides)
Adam Posen, Peterson Institute

Fiscal policies and business cycles in an enlarged euro area (Slides)
Karsten Staehr, Bank of Estonia

The stabilising role of fiscal policy in EMU (Slides)
Alessandro Turrini, Martin Larch, European Commission

Chair: Daniela Schwarzer, SWP

15:45-16:15
Coffee break

16:15-17:45
Panel IV: The way forward: Political responses to EMU divergences

Political Union and Divergence
Paul de Grauwe, KU Leuven

A reform agenda for EMU fiscal governance (Slides)
Daniela Schwarzer, SWP

A Euro-zone wide unemployment insurance as a stabilization tool
Sebastian Dullien, FTD/SWP

Chair: Ellen Meade, American University

17:45-18:00
Concluding remarks

Dokumente zur Tagung als PDF-Download

(Um PDF-Dokumente anzuschauen und auszudrucken wird der kostenlose Acrobat Reader der Firma Adobe benötigt)

Tagungsprogramm | PDF | 25 KByte

Papiere zu dieser Tagung

Schwarzer | PDF | 271 KByte
Roubini, Parisi-Capone, Menegatti | PDF | 501 KByte
Dullien | PDF | 430 KByte
de Grauwe | PDF | 135 KByte
Staehr | PDF | 239 KByte
Staehr (Präsentation) | PDF | 409 KByte
Gros | PDF | 221 KByte
Faia, Campolmi | PDF | 289 KByte
Faia, Campolmi (Präsentation) | PDF | 153 KByte
Marzinotto | PDF | 242 KByte
Posen (Präsentation) | PDF | 184 KByte
Logeay | PDF | 538 KByte
Schwarzer (Präsentation) | PDF | 89 KByte
Marzinotto (Präsentation) | PDF | 103 KByte
Riches-Flores (Präsentation) | PDF | 259 KByte
Turrini, Larch (Präsentation) | PDF | 156 KByte

Tagungsbericht in „integration“

John, Stefanie 2007: Ökonomische Divergenzen im Euroraum, in: integration, Jg. 30, Nr. 4.
Tagungsbericht | PDF | 76 KByte

Übersicht der Tagungen | 2009 | 2007-2008 | 2005-2006 | 2003-2004 | 1999-2002 |