The 3rd Oslo Workshop on Monetary Policy

Monetary Policy and the Labor Market

 

June 13-14, 2008

Program

Administrasjonsbygget, Blindern Campus, building 1 on map.

 

Friday, June 13

 

09:00        Coffee

 

09:25        Welcome address

 

Session One

Chair: Steinar Holden, University of Oslo

 

09:30        The (Un)Importance of Unemployment Fluctuations for Welfare

Philip Jung, University of Amsterdam

Keith Kuester, European Central Bank

Discussant: Gisle Natvik, University of Oslo             

 

10:30        Sequential Bargaining in a New-Keynesian Model with Frictional Unemployment

and Staggered Wage Negotiation

Gregory de Walque, National Bank of Belgium and University of Namur

Olivier Pierrard, Banque Centrale du Luxembourg and Université Catholique de Louvain

Henri Sneessens, Université Catholique de Louvain

Raf Wouters, National Bank of Belgium and Université Catholique de Louvain

Discussant: Keith Kuester, European Central Bank

 

11:30        Coffee

 

11:45        Search Frictions, Real Rigidities and Inflation Dynamics

Carlos Thomas, Bank of Spain

Discussant: Tommy Sveen, Norges Bank

 

12:45        Lunch

 

Session Two

Chair: Ulf Söderström, Bocconi University

 

14:15        Sticky Prices, Sticky Wages, and also Unemployment

Miguel Casares, Universidad Pública de Navarra

Discussant: Andreas Westermark, Uppsala University

 

15:15        Do Sticky Prices Make Sense?

Nils Gottfries, Uppsala University

Johan Söderberg, Uppsala University

Discussant: Henrik Jensen, University of Copenhagen

 

16:15        Coffee

 

16:30        International Labour Mobility and Monetary Policy

Morten Spange, Bank of England

Tony Yates, Bank of England

Discussant: Juha Kilponen, Bank of Finland

 

19:00        Dinner at Pascal, Henrik Ibsensgate 36 (previously Drammensveien 10)

 

 

 

Saturday, June 14

 

08:30        Coffee

 

Session Three

Chair: Kai Leitemo, BI Norwegian School of Management

 

09:00        The Business Cycle Implications of Reciprocity in Labor Relations

Jean-Pierre Danthine, Université de Lausanne

André Kurmann, Université du Québec à Montréal

Discussant: Francesco Furlanetto, Norges Bank

 

10:00        The Impact of Reference Norms on Inflation Persistence when Wages

are Staggered: Theoretical Analysis and Empirical Results

Markus Knell, Oesterreichische Nationalbank

Alfred Stiglbauer, Oesterreichische Nationalbank

Discussant: Roger Bjørnstad, Statistics Norway

 

11:00        Coffee

 

11:15        Fiscal Policy, Labour Unions and Monetary Institutions: Their Long Run

Impact on Unemployment, Inflation and Welfare

Alex Cukierman, Tel Aviv University

Alberto Dalmazzo, University of Siena

Discussant: Krisztina Molnar, Norwegian School of Economics and Business Adm.

 

12:15        Wage Rigidity and Inflation

Steinar Holden, University of Oslo and Norges Bank

Fredrik Wulfsberg, Norges Bank

Discussant: Asbjørn Rødseth, University of Oslo.

 

13:15        Lunch

 

 

Time allocation: 35 minutes for presenters, 15 minutes for discussants, 10 minutes for general discussion


 

Participants at the Oslo Workshop on

Monetary Policy and the Labour Market

June 13-14, 2008

Surname

Name

Institution

Bjørnstad

Roger

Statistics Norway

Casares

Miguel

Universidad Pública de Navarra

Chen

Kaji

University of Oslo

Cukierman

Alex

Tel Aviv University

de Walque

Gregory

National Bank of Belgium

Furlanetto

Francesco

Bank of Norway

Gottfries

Nils

Uppsala University

Holden

Steinar

University of Oslo

Ilbas

Pelin

Catholic University of Leuven

Jensen

Henrik

University of Copenhagen

Jung

Philip

University of Amsterdam

Kilponen

Juha

Bank of Finland

Knell

Markus

Oesterreichische Nationalbank

Krogh

Tord

University of Oslo

Kuester

Keith

European Central Bank

Kurmann

André

Université du Québec à Montréal

Leitemo

Kai

BI Norwegian School of Management

Molnar

Krisztina

Norwegian School of Economics and Business Adm.

Mork

Knut Anton

Handelsbanken Capital Markets

Natvik

Gisle

University of Oslo

Nymoen

Ragnar

University of Oslo

Ringen

Andreas

University of Oslo

Rødseth

Asbjørn

University of Oslo

Sala

Luca

Bocconi University

Spange

Morten

Bank of England

Sparrman

Victoria

University of Oslo

Sveen

Tommy

Bank of Norway

Söderstrom

Ulf

Bocconi University

Thomas

Carlos

Bank of Spain

Tveter

Eivind

Statistics Norway

van Ommeren

Jos

Vrije Universiteit Amsterdam

Westermark

Andreas

Uppsala University

Wulfsberg

Fredrik

Bank of Norway