Funded by

University of Bern

Julian Hodge Institute of Applied Macroeconomics


Past EMF forums

Provisional Programme for European Monetary Forum 2018
Funded by University of Bern & JHIAM.

Friday March 9, 2018
University of Bern, Bern, Switzerland



March 9th
8:30 Arrival at conference venue; Coffee
  Chair: Harris Dellas - Welcome
9:00 Mike Beenstock: ‘Spatial Macroeconomics’
10:00 Stephen Wright: Determinants of residential land supply in 26 EU Countries (+1 soon-to-be-ex-EU country)' 

Chair: Casper de Vries
11:30 Parantap Basu:  ‘Unconventional monetary policy in Japan: a New Keynesian perspective’ 

Chair: Patrick Minford
13:30 Matt Canzoneri:  ‘The forward fiscal guidance puzzle and a resolution’ 
Kostas Theodoridis: ‘International Financial Shocks and the Distribution of Income and Consumption in the UK’ 
15:30 Coffee/tea
  Chair: Kent Matthews
16:00 Patrick Minford and Mike Wickens: ‘Indirect Inference: Goldilocks power and other properties’
Peter Smith: ‘Production-based equity pricing and the failure of q models’
18:00 Drinks

Chair: Mike Wickens  
Panel:  Banking Crisis Redux: have we learnt anyting? Panel (provisional): Michael Arghyrou, Mike Beenstock, Patrick Minford
20:00 Dinner


Rules of Engagement:
The time allocated for each session includes author's presentation and discussion with participants (there will be no formal discussants) so it is really up to the author to maximise. For guidance authors might think in terms of taking half the time for exposition and the rest in discussion and response. Some may prefer to leave the discussion until they have finished presenting; others (the more normal case) may prefer to have the discussion as they go along.

For the panel panellists should please keep opening remarks brief, to five minutes; then use their right of response to amplify their thoughts as needed.

Participants to date:

Michael Arghyrou, Cardiff
Parantap Basu, Durham
Mike Beenstock, 
Matt Canzoneri, Georgetown
Harris Dellas, Bern
Casper de Vries, Erasmus
Sean Holly, Cambridge
Kent Matthews, Cardiff
Patrick Minford, Cardiff
Peter Smith, York
Peter Spencer, York
Oren Sussman, Oxford
Kostas Theodoridis, Cardiff
Mike Wickens, Cardiff and York
Stephen Wright, Birkbeck

Local arrangements:

The meeting will taken place in the University of Bern. There will be accommodation for two nights of 8th and 9th March in Bern.

Past EMF forums

Please address queries about the conference to Patrick Minford (, and queries about the webpage to Zheyi Zhu (