A major one-day conference organised by the
National Institute of Economic and Social Research
Macroeconomics and the Policy Process
Wednesday 14 May 2003: 9.30am - 5.00pm.
Venue: London Chamber of Commerce & Industry, 33 Queen Street, London EC4R 1AP
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This conference provides an opportunity to hear the leading macro-economic modellers and
forecasters present their recent work. The sessions will include presentations on the latest
developments in modelling methods and will show how economic modelling is used to explore
current issues of policy interest in the United Kingdom, at the European Commission and in the
European Central Bank.
Attendance at the conference will be valuable for anyone who wants to understand the way in
which key policy issues are being analysed.
Papers:
Ray Barrell (NIESR): Shocks and Shock Absorbers: The Propagation of Equity Market and
Fiscal Shocks Across Countries and the Design of Policy Rules to Absorb Them
Simon Brooks (HM Treasury): Long-term Public Finances & Fiscal Sustainability
Vitor Gaspar & Frank Smets (European Central Bank): Monetary Policy, Price Stability and
Output Gap Stabilisation
Jan in't Veld (European Commission): The Real Effects of Fiscal Adjustments
Martin Weale (NIESR): Policy Rules and Economic Uncertainty
Jagjit S Chadha & Sean Holly (University of Cambridge): Monetary Policy, Expectations and
Stabilisation
M Hashem Pesaran (University of Cambridge): Financial and Real Economy Interactions: A
Global Perspective
Simon Wren-Lewis (University of Exeter): Medium Term Exchange Rate Dynamics
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Helen Barnes
External Relations Officer
National Institute of Economic
and Social Research
2 Dean Trench Street
London SW1P 3HE
Tel: +44 (0) 20 7654 1901 (direct)
Fax: +44 (0) 20 7654 1900
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http://www.niesr.ac.uk
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