Centre for Macroeconomics|

Cambridge University|

London School of Economics|


Bank of England|

National Institute of Economic and Social Research|


CFM News and Upcoming Events

Tuesday 23 September: Seminar, Cambridge University
Professor Joel Mokyr| (Northwestern University) will be presenting A Culture of Growth|, 2pm (preceded by lunch at 12:45) at the University of Cambridge.
Prof. Mokyr will draw upon his latest book to analyse the 1500-1700 market for ideas and how it gave rise to the Industrial Revolution and the Modern Economy. If you are interested in attending please register at http://goo.gl/jVCSrD|.

Tuesday 30September 2014: CFM, FMG and SRC Event
Giving guidance on future monetary policy in a very uncertain world|, with David Miles| (MPC Member, Bank of England). Chaired by Wouter Den Haan| and joined by Charles Goodhart| (discussant).

18-19 December 2014: Call for Papers - CFM Event
Centre for Macroeconomics, The Bank of England, and CEPR are jointly organising a two day workshop focusing on international trade, finance & macroeconomics| [PDF] and related issues.
We invite theoretical and empirical research aimed at improving our understanding of the sources of fluctuations, their propagation, and their implications for macro policy in today’s globalised environment. For submissions, please send draft papers to nclarke@cepr.org|, deadline: 19th September 2014.

17 September 2014: Discussion Paper
CFM discussion paper #25 now available: An Economical Business Cycle by Pascal Michaillat| and Emmanuel Saez|.

Tuesday 16 September 2014: CFM and LSE Department of Economics Public Lecture.
Prof. Wouter Den Haan will be introducing the first CFM and Dept. of Economics public lecture of 2014-15: The Shifts and The Shocks: What we've learned - and still have to learn - from the financial crisis|, with Martin Wolf. Chaired by Lord Turner.

12 September 2014: CFM Event
CFM, ESRC, and NIESR present The Future of Housing Finance| [PDF]. Examining the risks and consequences inherent in housing finance and their relationship with financial intermediation and stability, this conference will provide an opportunity to discuss ideas with leading experts in Housing finance. Enquiries/RSVP to b.hollingshead@niesr.ac.uk| by August 15th.

09 September 2014:  Forthcoming publication
Marco Bassetto|, Marco Cagetti|, and Mariacristina De Nardi's| paper Credit Crunches and Credit Allocation in a Model of Entrepreneurship| has been accepted for publication in the forthcoming Review of Economic Dynamics special issue on Money, Credit and Financial Frictions.

08 September 2014: Publication
Pascal Michaillat| published in the American Economic Journal 6.1 (Jan. 2014): A theory of countercyclical government multiplier|.

4-5 September 2014: Cambridge Conference
CFM, Cambridge, and INET will host a conference on Aggregate Demand, the Labor Market and Macroeconomic Policy| [PDF], at Corpus Christi College, Cambridge.

01 September 2014: Discussion Paper
CFM discussion paper #24 is now available: The "Mystery of the Printing Press" Monetary Policy and Self-fulfilling Debt Crises by Giancarlo Corsetti and Luca Dedola.

28 August 2014: Discussion Paper
CFM discussion paper #23 is now available: Housing Dynamics over the Business Cycle| by Finn E. Kydland, Peter Rupert and Roman Sustek.

09 August 2014: CFM Survey
Results for August's survey discussing migration and UK economy are  now available on the CFM Survey website|. As referenced in VoxEU| and Bloomberg|.

01 August 2014: Discussion Paper
Discussion paper #22 is now available: Transitory interest-rate pegs under imperfect credibility| by Alex Haberis, Richard Harrison and Matt Waldron.

News| and  Events|

Event-201402-BalticSociety| Wouter Den Haan, Chris Pissarides and Ilmars Rimsevics with members of the LSE SU Baltic Society at Latvia's Road to the Eurozone| [PDF].



CFM congratulates Professor Charlie Bean, outgoing Deputy Governor of the Bank of England and visiting professor in the Dept. of Economics at LSE on his knighthood for services to monetary policy and central banking.

Chairman of the CFM Advisory Board Ben Broadbent, became Deputy Governor for Monetary Policy at the Bank of England| from the beginning of July 2014.

Notable Publications:
Pascal Michaillat's paper A theory of countercyclical geovernment multiplier pubished in American Economic Journal (Vol 6.1)|.

Marco Bassetto, Marco Cagetti, & Mariacristina De Nardi's paper Credit Crunches and Credit Allocation in a Model of Entrepreneurship has been accepted for publication in the forthcoming Review of Economic Dynamics special issue on Money, Credit and Financial Frictions|.

CFM lectures for general public [PDF]

Cambridge Macro Seminars|

LSE Macro Seminars|

UCL (Macro)economics Seminars|

NIESR Monthly Estimates of GDP [PDF]|