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Experiments in Monetary Policy

November 5-6, 2014

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Experiments in Monetary Policy

Click here to download the poster

Organizers

Program

Accommodation

Residence Parc Avenue Lyon Gerland

Keynote speakers

Important dates

July 1 : deadline for submission

August 1 : Notification of acceptance

September 1 : preliminary program

To submit a paper, please send either a full paper or an extended abstract with the main results to cornand@gate.cnrs.fr

Topic

The workshop is dedicated to the application of experimental economics to monetary policy/central banking issues. It is organized to further promote the use of laboratory experiments in monetary policy and enhance exchanges and bring together researchers in the field (from academia as well as from central banks), with a special emphasis on behavioral aspects in the transmission process of monetary policy and in the formation of inflation expectations.

Specifically, we want to advance exchange of ideas and methods in designing rules for monetary policy, information disclosure, and financial market regulation that account for private agents’ behavior under strategic uncertainty. The workshop will also be used for discussing appropriate designs of monetary policy experiments and their advantages and limitations.

Main topics :

  • Rules and optimal monetary policy/stabilization policy, central bank credibility issues in the lab
  • Laboratory and field experiments on DSGE models
  • Inflation expectation formation in the lab
  • Transparency and central banks’ communication strategies in the lab

A discussion about new paradigms and trends in designing experiments in monetary policy contexts is also welcome.

Location

The workshop will take place at ENS de Lyon on November 5-6, 2014.

Address : 15, Parvis René Descartes - 69007 Lyon.

Room : Bâtiment Buisson - IFE - Room 2.

How to get here : Metro station : Debourg (line B)

  • From Lyon Saint-Exupery International Airport : you can take the Rhonexpress train from Saint-Exupery to Part-Dieu Railways Station. Then take the subway line B to "Debourg" Station (direction "Stade de Gerland").
  • From Part-Dieu Railways Station : take the subway line B to "Debourg" Station (direction "Stade de Gerland").

Call for papers