CEPII, Recherche et Expertise sur l'economie mondiale
Wednesday June 12, 2024 - Thursday June 13, 2024
CEPII, 20 avenue de Ségur, 75007 Paris
The CEPII's Workshop "International Macroeconomics and Finance"

The CEPII is organising a seminar on international macroeconomics and finance on 12th and 13th June 2024. Eight presentations will be given by international researchers, with a focus on central banks, how their balance sheets are used to absorb crises or international shocks, or conversely, how such shocks are propagated to emerging countries. The morning session of 13th June will be dedicated to the effects of exchange rate regimes — do flexible exchange rate regimes really limit the impact of external shocks? — the effects of mass layoffs on productive networks, and the consequences of industrial policies on productivity abroad.
 
Programme 12 june 2024
  Chair: Thomas Grjebine, Head of the International Macroeconomics and Finance Research Programme, CEPII
13:30 Welcome

14:00 - 14:45

Moritz Schularick (Kiel Institute, Sciences Po)
The safety Net: Central Bank Balance Sheets and Financial Crises (co-authors: Niall Ferguson, Hoover Institution, Martin Kornejew, University of Bonn, Paul Schmelzing, Boston College)
14:45 - 15:30 Florian Morvillier (CEPII)
New database on Central banks' balance sheets (co-author: Eric Monnet (CEPII, EHESS & PSE)
15:30 - 16:00 Coffee break

16:00 - 16:45

Éric Monnet (PSE, CEPII)
Central banks and the Absorption of Iinternational Shocks (1890-2021) (co-authors: Guillaume Bazot, Université Paris 8 and Matthias Morys, York)
16:45 - 17:30 Erica Perego (CEPII)
US monetary policy spillovers to developing countries : the commodity-financial channel (co-authors: Vincent Bodart, UCL Louvain, François Courtoy, UCL Louvain)
 
Programme 13 june 2024
  Chair: Erica Perego, economist, CEPII

9:00

Welcome

9:30 - 10:15

Carl Grekou (CEPII)
The industrial Cost of fixed Exchange Rate Regimes (co-authors: Blaise Gnimassoun, Université de Lorraine, and Valérie Mignon, CEPII)
10:15 - 11:00 Giancarlo Corsetti  (Institut universitaire européen de Florence)
The Exchange Rate Insulation Puzzle (co-authors: Keith Kuester, University of Bonn, Gernot J. Müller, University of Tübingen, Sebastian Schmidt, European Central Bank)

11:00 - 11:15

Coffee break
11:15 - 12:00 Axelle Arquié (CEPII)
Are Mass Layoffs Individually Costly But Socially Beneficial? (co-author: Thomas Grjebine, CEPII)  
12:00 - 12:45 Laura Alfaro (Harvard Business School)
Industrial and Trade Policy in Supply Chains: The Case of Rare elements (co-authors: Harald Fadinger, University of Mannheim, Jan Schymik, University of Mannheim, and Gede Virananda (Harvard Business School)
 
By invitation only
Contact: conferencesatcepii.fr