Program

The Macro Policy Meeting will take place at the Melbourne Business School, 200 Leicester St, Carlton, the University of Melbourne.

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Day 1 - Monday 26 October

TimeSession
8:30am - 9:00am Registration
9:00am - 9:15am

Opening remarks -

Professor Guyonne Kalb

Acting Director, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne

9:15am - 10:45am

Session 1: Credit and Financial Market

The limit of credit policy and its fiscal remedy
Yunpeng Deng (UNSW Sydney) 

Speculative credit boom and optimal macroprudential policy
Ding Dong (Hong Kong Baptist University)
Kexin Li (Peking University HSBC Business School)
Zheng Liu (Federal Reserve Bank of San Francisco)
Pengfei Wang (Peking University HSBC Business School and PHBS Sargent Institute of Quantitative Economics and Finance)

Stock market participation, liquidity, and monetary policy
Aaron Sullivan (California State University, Fullerton)
Lu Wang (The University of Western Australia)
Sarah Xiao (UC Irvine)

10:45am - 11:10am Morning Tea
11:10am - 12:25pm

Keynote Address

Professor Jianjun Miao
Tsingshan Chair Professor of Economics, Zhejiang University

12:25pm - 1:05pm Lunch
1:05pm - 2:35pm

Session 2: Australian Policy 1

Insurance effects of tax-and-transfer progressivity
Yunho Cho (Sogang University)
James Morley (The University of Sydney)
Aarti Singh (The University of Sydney) 

College majors and skill mismatch: From microwage losses to macro output losses
Michelle Rendall (Monash University and CEPR)
Satoshi Tanaka (The University of Queensland)
Yi Zhang (The University of Queensland)

Wages when inflation is lower and higher than expected
Nalini Prasad (UNSW Sydney)

2:35pm - 3:00pm Afternoon Tea
3:00pm - 5:00pm

Session 3:  Macro Econometrics

A view from above: Measuring the high-frequency effects of monetary policy from space
Markus Brueckner (Australian National University)
Álvaro Fernández-Gallardo (Bank of Spain)
Haiyan Lin (The Hong Kong Polytechnic University)
Evi Pappa  (Universidad Carlos III de Madrid and CEPR)

Structural macroeconomics with daily data
Dan Zhu (Monash University)

Unpacking global inflation
Yun Young Gwak (Monash University)
James Morley (The University of Sydney) 
Benjamin Wong (Monash University)

Monetary policy news and long-run inflation expectations: Measuring news where expectations are formed
Masato Nishiuchi ( Bank of Japan)
Hiroki Yamamoto (Bank of Japan)

5:30pm - 9:00pm

Dinner
Graduate House
220 Leicester Street, Carlton

Note: only for attendees who registered

Day 2 - Tuesday 27 October

TimeSession
8:45am - 9:15am Registration
9:15am - 10:45am

Session 4: Firm Heterogeneity

The geography of financial frictions
Alexander Haas (Monash University)

Rustam Jamilov (University of Oxford and CEPR)

Firm heterogeneity and the aggregate effects of innovation policy
Marek Ignaszak (Goethe University)
Daniel Robbins (University of NSW)
Petr Sedláček (University of NSW) 

Innovation, diffusion, and misallocation: Understanding China’s recent productivity dynamics
Emin Gahramanov (American University of Sharjah)
Yan Liang (Deakin University)
Xueli Tang (Deakin University)
Chengsi Zhang (Renmin University of China)

10:45am - 11:15am Morning Tea
11:15am - 12:30pm

Keynote Address

Dr Michele Lenza

Head of the Monetary Policy Research Division, European Central Bank

12:30pm - 1:15pm Lunch
1:15pm - 2:45pm

Policy Panel
Macroeconomic policy implications of AI

Angelia Grant, Deputy Secretary, Macroeconomic Group, Australian Treasury
Stephen King, Commissioner, Productivity Commission
Mariano Kulish, Professor of Macroeconomics, University of Sydney
Claude Lopez, Head of Economic Research, Reserve Bank of Australia
John McDermott CRSNZ, Executive Director, Motu Economic and Public Policy Research, New Zealand (moderator)

2:45pm - 3:15pm Afternoon Tea
3:15pm - 4:45pm

Session 5: Australian Policy 2

Labor supply effects of monetary policy: Evidence from Australian mortgage holders
Mitali Das (International Monetary Fund)
Jonathan Hambur (Reserve Bank of Australia)
Klaus-Peter Hellwig (International Monetary Fund)
John Spray (International Monetary Fund)

Sticky rents: Understanding how landlords do and don’t change rents
Nick Garvin (e61 Institute)

Amy Tramontozzi (e61 Institute) 

Kookaburras in the coal mine? Measuring AI disruption with Australian administrative data
Isaac Gross (Monash University)

4:45pm - 5:00pm

Closing remarks -

Professor Phillip McCalman
Head of Department, Department of Economics, the University of Melbourne

Register now