CIBIF Workshop on Financial Systems and Macroeconomics
Friday April 9, 2010
Venue: Het Kasteel, Melkweg 1, Groningen
Organizers: Jan Jacobs and Michael Koetter
Registration via Astrid Beerta (
The ongoing turmoil in global financial systems continues to dominate the agenda of policy makers concerned with macroeconomic prudential policies as well as supervisors and regulators. This workshop seeks to serve as a platform (primarily) to RUG staff and selected master students to present and discuss their work on related topics to and with each other. In particular, we seek to also spark the dialogue with adjunct faculty from the policy makers domain, Frank Smets (ECB), Klaas Knot (Ministry of Finance) and Kasper Roszbach (Riksbank Sweden), to combine academic views with policy makers necessities.
Session I: Chair - Michael Koetter
10.30-11.15: "Monetary and Fiscal Policy Interaction and the Term Structure: An Application to the EU-12"
Jan Jacobs, Gerard Kuper and Jenny Ligthart
Discussant: Hans van Ees
11.15-12.00: "Flow-of-Funds Models and Financial Crisis"
Discussant: Steven Brakman
Session II: Chair - Gerard Kuper
13.30-14.15: "Theory and evidence of bank bailouts"
Lammertjan Dam and Michael Koetter
Discussant: Robert Lensink
14.15-15.00: "A Simultaneous Equations Model of Fiscal Policy Interactions"
Maarten Allers and Paul Elhorst
Discussant: Tom Wansbeek
Session III: Chair - Jan Jacobs
15.30-16.15: "Assessing Competition with the Panzar-Rosse Model: The Role of Scale, Costs and Equilibrium"
Jacob Bikker, Laura Spierdijk and Sherill Shaffer
Discussant: Aljar Meesters
16.15-17.00: “Financial development, technical change and resource reallocation: evidence for Germany”
Robert Inklaar and Michael Koetter
Discussant: Niels Hermes
17.30-18.30: Panel discussion on Future Research Agenda:
Elmer Sterken (chair), Frank Smets, Klaas Knot, Kasper Roszbach and Harry Garretsen
19.30-21.30: dinner in De Pauw (by invitation)
The scholarships are for $50,000 and will be available starting in 2019 thanks to a gift Prof. Wietze Eizenga left to the Koninklijke Hollandse Maatschappij der Wetenschappen.
We are looking for a Student Assistant Alumni Office for 8 hours per week.
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