Technische Universität Berlin        UPF        Rationality and competition

 

Macroeconomic theories have traditionally been tested using non‐experimental data from the field. However, modern, micro‐based macroeconomic models can also be tested in the laboratory, which affords better causal inference, and researchers have begun to pursue such experimental tests. The purpose of this workshop is to provide a platform for exchange of ideas and promote greater interaction between macroeconomic researchers and behavioral/experimental economists with the aim of advancing macroeconomics in a direction that allows it to account for more of the real behavior of economic agents and economies with the help of relevant experimental evidence.

The workshop will promote an active exchange and interaction of ideas and work on macroeconomic issues from behavioral, experimental, and/or theoretical approaches. Papers for this two-day workshop will be selected by the organizers from submissions. There will be 2 invited keynote lectures and a panel discussion on "the future role of laboratory experiments in macroeconomics."

To join the workshop, please read the call for papers section below and submit a paper or abstract.

Participation without submission is possible. Students from the 11th BESLab Experimental Economics Summer School in Macroeconomics are entitled and expected to participate in the workshop. All others who are interested in participating without presenting a paper, please contact the organizers using the contact form

The workshop is funded by the CRC TRR 190 Rationality and Competition

Technische Universität Berlin        UPF        Rationality and competition

 

The Ninth International Workshop on Theoretical and Experimental Macroeconomics will be held July 2-3, 2018 at Technische Universität Berlin, Germany.

The keynote speakers for the 2018 workshop are:

Ulrike Malmendier (University of California, Berkeley), Emanuel Mönch (Deutsche Bundesbank), and Caspar de Vries (University of Rotterdam).

This is 9th international workshop to promote an active exchange and interaction of ideas and work on macroeconomic issues using behavioral, experimental, and/or theoretical approaches, and therefore we seek a good mix of theory and experimental papers.  The workshop is jointly organized by Technische Universität Berlin and by the BES Lab (Behavioral and Experimental Sciences Lab, (formerly LEEX) at Universitat Pompeu Fabra) and financially supported by the German Research Foundation through CRC TRR 190. 

Researchers working on behavioral, experimental and theoretical approaches to addressing macroeconomic questions are invited to submit a paper for this two-day conference. The deadline for submissions is March 31, 2018. To submit a paper, please follow the 2-step application procedure described in "How to Apply". 

Submissions should include either a full paper or an extended abstract including the main results. Authors chosen to present papers will be notified approximately by mid-April, and the deadline for workshop registration is April 28. In addition to the workshop, the organizers invite young researchers and graduate students to the 11th BESLab Experimental Economics Summer School in Macroeconomics also held at Technische Universität Berlin from July 1-7, 2018. Summer school participants can also attend the workshop.

Information about previous workshops is available here.

Please forward this announcement to all interested parties.

Workshop Organizers

Technische Universität Berlin        UPF        Rationality and competition

 

TU main building, Straße des 17. Juni 135, Room A = H 2036, Room B = H 2037

You can find a PDF version of the program here.

 

Monday July 2nd 

9:00 – 9:15

Room A

Welcome address. John Duffy and Frank Heinemann

9:15 – 10:15

Room A

Keynote address by Ulrike Malmendier: Experience Effects –The Effects of Lifetime Experiences on Long-Term Risk Taking

10:15 – 10:45

Room B

Coffee Break

10:45 – 12:15

Parallel sessions

Room A

10:45

Luba Petersen (Simon Fraser University): Macroeconomic literacy and expectations joint with Michael Mirdamadi

 

11:30

Andreas Ek (LSE & CFM):  Cultural values and productivity

Room B

10:45

King King Li (City University of Hong Kong):  Neutrality by aggregation: An experimental approach joint with Tao Zhu

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11:30

Kohei Kawamura (Waseda University):  Where does price stickiness come from?: An experimental study joint with Yukihiko Funaki, Kozo Ueda and Nobuyuki Uto

12:15 – 13:30

gallery

Lunch

13:30 – 15:00

Parallel sessions

Room A

13:30

Myrna Hennequin (University of Amsterdam):  Managing bubbles in experimental asset markets with monetary policy joint with Cars Hommes

 

14:15

Marcus Giamattei (University of Passau):  Who inflates the bubble? Forecasters and traders in experimental asset markets joint with Jürgen Huber, Johan Lambsdorff, Andreas Nicklisch and Stefan Palan

Room B

13:30

Baptiste Massenot (Goethe University of Frankfurt and SAFE):  A business cycle model with neuroeconomic foundations

 

14:15

Jan SiebertBuffer stock saving: Experimental Evidence joint with Sebastian Gechert

15:00 – 15:30

gallery

Coffee Break

15:30 – 17:00

Parallel sessions

Room A

15:30

Eva Levelt (Universiteit van Amsterdam):  Planar learning to forecast market games joint with Myrna Hennequin and Cars Hommes

 

16:15

Justin Rietz (San Jose State University):  Secondary Currency Acceptance: Experimental Evidence with a Dual Currency Search Model

Room B

15:30

Michaela Pagel (Columbia University):  The consumption response to capital gains: Evidence from mutual fund liquidations joint with Steffen Meyer, Michaela Pagel and Alessandro Previtero

 

16:15

Johan de Jong (University of Amsterdam): The Effect of Futures Markets on the Price Dynamics in Commodity Markets joint with Joep Sonnemans and Jan Tuinstra

17:00 – 17:15

 

Break

17:15 – 18:15

Room A

Keynote address by Emanuel Mönch:  Anchored Inflation Expectations

19:00

Restaurant t.b.a.

Conference dinner (for presenters and organizers)

 

Tuesday July 3rd 

9:15 – 10:45

Parallel sessions

 

Room A

 9:15

Enrica Carbone (Università della Campania “Luigi Vanvitelli”): An experimental comparison of two market institutions joint with John Hey and Tibor Neugebauer

 

10:00

Janet Jiang (Bank of Canada): Experimental asset markets with an indefinite horizon joint with John Duffy, Janet Hua Jiang and Huan Xie

Room B

 9:15

Marco Fongoni (University of Strathclyde): The (Ir)Relevance of newly hired and incumbent workers' wage cyclicality for the volatility of job creation

 

10:00

Anton Nakov (European Central Bank and CEPR): Monetary policy implications of state-dependent prices and wages joint with James Costain and Borja Petit

10:45 – 11:15

gallery

Coffee Break

11:15 – 12:45

Parallel sessions

 

Room A 

11:15

Jasmina Arifovic (Simon Fraser University): Learning to believe in simple equilibria in a complex OLG economy - evidence from the lab joint with Cars Hommes and Isabelle Salle

 

12:00

Frank Heinemann (Technische Universität Berlin): An experimental test of the global-game selection in games with asymmetric players

Room B

11:15

Marina Pavan (Universitat Jaume I de Castellón): Should I default on my mortgage even if I can pay? Experimental evidence joint with Iván Barreda-Tarrazona

 

12:00

Isaac Gross (University of Oxford): Anticipated changes in household debt and consumption

12:45 – 14:00

gallery

Lunch

14:00 – 15:00

Room A

Keynote address by Casper de Vries: Linking Large Currency Swings to Fundamentals’ Shocks

15:00 – 15:30

Room B

Coffee Break

15:30 – 17:00

Parallel sessions

 

Room A

15:30

Julian Parra-Polania (Central Bank of Colombia): State-dependent forward guidance and the problem of inconsistent announcements

 

16:15

Nobuyuki Hanaki (Universite Cote d'Azur): A quantitative easing experiment joint with Adrian Penalvery, Yukihiko Funaki and Eizo Akiyamax 

Room B

15:30

Antonio Paradiso: Expectations and uncertainty: A common-source infection model for selected European countries joint with Luca Gerotto

 

16:15

Lawrence Choo (University of Erlangen-Nuremberg): Manipulation in prediction markets: An experiment joint with Todd Kaplan and Ro'i Zultan

17:00

 

Farewell

Technische Universität Berlin        UPF        Rationality and competition

 

A set of hotel rooms has been reserved. You will need to make the reservation by yourself directly to the hotel before June 1. Please do it in time. Due to a trade fair, hotel space is scarce. The price is 109 Euros including breakfast. More information about the hotel and how to reserve your room will be sent to accepted participants. 

Technische Universität Berlin        UPF        Rationality and competition

 

If you don't want to send your Paper you can directly go to the application form

If you want to send your Paper or Abstract, please do the following steps:
  1. Send to [email protected] one attached file: File should be your Paper in a email with the following subject: EM2018_lastname_firstname.
  2. Fill the application form (Before, remember to send your Paper to [email protected])


9th Workshop on Theoretical and Experimental Macroeconomics

Berlin, Germany, July 2-3, 2018

Both, workshop and summer school will take place on the second floor in rooms 2036 and 2037. Signs inside the main building will guide you towards the location.

In this document you will find information on how to get there.

Address:                           Strasse des 17. Juni 135, 10623 Berlin, Germany
Telephone number:         (+49) 314 289 07
Fax number:                    (+49) 314 217 98

Contact us