Introduction

2nd LeeX International Conference on Theoretical and Experimental Macroeconomics
in Universitat Pompeu Fabra.
June 10-11, 2011

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Introduction    Location    Program    Accommodation    BCN Information    How to Subscribe  

Summer Schools    Contact Us

 

If you are interested in attending the conference, please confirm with Xavier Bonet, +34 93 542 2749, xavier.bonet@upf.edu


Location

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Universitat Pompeu Fabra
Ramon Trias Fargas, 25-27
08005 Barcelona

 



Introduction

For over 30 years, macroeconomic models have had explicit microfoundations with regard to the behavior of firms, consumers and government agencies. This modelling approach has lead to closer ties between micro/game theorists and macro theorists. On the applied side, the assumptions and predictions of macroeconomic models have historically been tested using non-experimental field data as collected by government agencies. Given an explicit micro-founded macroeconomic model, an alternative empirical approach that is attracting increased attention is to collect the data relevant to evaluating these models using controlled laboratory settings with paid human subjects. The idea of "macroeconomic experiments" might be met with skepticism. Nevertheless, micro-founded macro models can be readily tested in the laboratory with human subjects incentivized to play according to certain roles. The experimental findings can be informative with respect to questions of equilibrium selection or the efficacy of various government policies. There are many additional advantages to conducting experiments: for instance, the data most relevant to testing a model's predictions or assumptions can be collected while noisy, confounding factors can be minimized.

In an effort to demonstrate that macroeconomics can also be an experimental discipline, and to further promote, together with CREI, a collaboration between macroeconomic theorists and experimentalists, we are organizing the second ever international conference devoted to macroeconomic experiments and theory.

The two day conference will be held: June 10-11 at Universitat Pompeau Fabra in Barcelona, Spain

Keynote speakers are:

The conference organizers are:


Call for papers: The organizers invite researchers pursuing theoretical and/or experimental research on macroeconomic topics to submit an abstract, or preferably a completed paper by Friday, April 1, 2011. The organizers will choose up to 13 papers from among the submitted papers and put together a two-day program of papers that will be announced May 1. Those selected to present will be notified by email.

Accomodation will be funded for those who present their papers. A set of hotel rooms has been reserved. Details to follow.
Travel funding is available on limited basis.

Conference Registration: There is no registration fee for this conference. Participation is not restricted to those presenting papers. If you are planning to attend, but do not wish to submit a paper, please send an email with your full name and affiliation to lictem11@upf.edu so that we may include you on the distribution list for the conference.

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