The Revival of Aggregate Demand Management Policies: Back to Keynes?

Venice International University, San Servolo,
19-20 July 2004

	Programme
	Monday, 19 July 2004
	Chair: Gerhard Illing
09:00 - 09:50	Keynote Lecture: Keynesian Economics, the Business Cycle and Monetary Policy: New and Old ALEX CUKIERMAN, Tel-Aviv University
09:50 - 10:10	Coffee break
	Session 1: Stabilisation and Fiscal Policy - Chair: Gerhard Illing
10:10 - 11:00	Fiscal Stabilisation and EMU ROBERT WOODS, HM Treasury Discussant: Andreas Leukert, Munich University
11:00 - 11:50	Will Stability Last? BILL MARTIN & Bob Rowthorn, Cambridge University Discussant: Rick van der Ploeg, EUI Florence
11:50 - 12:40	Fiscal Policy and Private Consumption in Industrial and Developing Countries ALFREDO SCHCLAREK, Lund University Discussant: Yona Rubinstein, Tel Aviv
12:40 - 14:00	Lunch
	Session 2: Stabilisation and Monetary Policy - Chair: Efraim Sadka
14:00 - 14:50	The Role of the Natural Rate of Interest in Monetary Policy JEFFERY AMATO, BIZ Basel Discussant: Bob Rowthorn
14:50 - 15:40	Inflation Targeting and Nonlinear Policy Rules: the Case of Asymmetric Preferences PAOLO SURICO, Bocconi University Discussant: Stephan Sauer, Munich University
15:40 - 16:00	Coffee Break
	Chair: Efraim Sadka
16:00 - 16:50	Keynote Lecture: Is there a Role for an Active Fiscal Stabilization Policy TORBEN ANDERSEN, University of Aarhus
19:00	Conference Dinner

	Tuesday, 20 July 2003
	Chair: Rick van der Ploeg
09:00 - 09:50	Keynote Lecture: Analysing the Interaction of Monetary and Fiscal Policy: Does Fiscal Policy Play a Valuable Role? ANTON MUSCATELLI, University of Glasgow and and Patrizio Tirelli, University of Milan-Bicocca

	Session 3: Monetary Policy - Chair: Rick van der Ploeg
09:50 - 10:40	Monetary Transmission in Simple Backward-Looking Models: The IS Puzzle Charles Goodhart, LSE & BORIS HOFMANN, Deutsche Bundesbank Discussant: Efrem Castelnuovo, Padua University
10:40 - 11:00	Coffee Break
Chair: Efraim Sadka
11:00 - 11:50	Keynote Lecture: Modern Perspectives on Stabilization Policies JORDI GALI, CREI
11:50 - 13:10	Policy Panel: Are we really Back to Keynes? Moderator: Gerhard Illing Panel Participants: TORBEN ANDERSEN ALEX CUKIERMAN JORDI GALI ANTON MUSCATELLI RICK VAN DER PLOEG
13:10	Lunch

The Revival of Aggregate Demand Management Policies: Back to Keynes?

Venice International University, San Servolo, 19-20 July 2004

Programme

Venice International University, San Servolo,
19-20 July 2004