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
9:15Arrival at conference venue
Chair: Harris Dellas - Welcome
9:30 Mike Beenstock: ‘Spatial Macroeconomics’ (PDF)
10:30-10:45 Coffee break
Chair: Patrick Minford
10:45 Stephen Wright: ‘Determinants of residential land supply in 26 EU Countries (+1 soon-to-be-ex-EU country)’
Harris Dellas: ‘Fiscal Policy with an Informal Sector’

Chair: Kent Matthews
13:45 Peter Spencer: ‘What does the Eurodollar futures market tell us about the effects of credit shocks and monetary policy at the lower bound?’ (Abstract)
Kostas Theodoridis: ‘International Financial Shocks and the Distribution of Income and Consumption in the UK’ 
15:45-16:00 Coffee break
  Chair: Kul Luintel
16:00 Parantap Basu: ‘Unconventional monetary policy in Japan: a New Keynesian perspective’ 
Patrick Minford and Mike Wickens: ‘Indirect Inference: Goldilocks power and other properties’
Chair: Mike Wickens  
18:30 Panel:  Banking Crisis Redux: have we learnt anyting? Panel: 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, Jerusalem
Arnab Bhattacharjee, Heriot-Watt
Harris Dellas, Bern
Sean Holly, Cambridge
Kul Luintel, Cardiff
Kent Matthews, Cardiff
Patrick Minford, Cardiff
Peter Spencer, York
Oren Sussman, Oxford
George Tavlas, Bank of Greece
Kostas Theodoridis, Cardiff
John Velis, State Street Global Markets
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 (