Conferences & Workshops

Conference: Disaggregating the Business Cycle

07/10/2012 to 08/10/2012
Fondation de la Banque Centrale du Luxembourg

The global financial crisis has stimulated theoretical and empirical research on the sources and propagnation mechanismus underlying business cycles. In particular, it called into question standard methods based on macroeconomic aggregates.

The conference focused on empirical and theoretical contributions providing a more disaggregate perspective on business cycles and new perspectives on structural analysis, forecasting, as well as economic policy design and assassment.

Empirical applications on the euro area are particularly welcome.

Download the program and the papers.

Conference: Money is Back

29/04/2012 to 30/04/2012
Bank of England

A popular assumption in monetary economics in the last ten year has been to abstract from the presence of money supply. The premise seems to be that movements in the money supply are not an important determinant of monetary policy. Much of the recent policy interventions have been about influencing the money supply.

The effect of these so-called "unconventional" measures can only be analysed with models where the money supply does play a role. Therefore, this conference was focused on discussing models where the role of money supply is addressed directly.

Click here for the program.

Conference: Fiscal and Monetary Policy in the aftermath of the Financial Crisis

08/12/2011 to 09/12/2011
Banque de France, Paris

A number of issues pertaoning to fiscal and monetary policy have been brought to the center stage of both policy debates and academic research in the aftermath of the recent financial crisis. The conference aims to bring together some of the recent papers on the topics listed below. 

1) Debt consolidation, fiscal rules, debt sustainability, sovereign debt crises and default;

2) Fiscal and monetary policy in a liquidity trap, financial frictions;

3) Policy coordination and spillovers in an open economy or in a monetary union.

Click here for the program.

Econometric Modelling of Macro-Financial Linkages

23/10/2011 to 24/10/2011
European University Institute

The global financial crisis has emphasized the close linkages between macroeconomic and financial conditions, stimulating theoretical and empirical research on how to formally include these linkages into economic and econometric models, and on how to use the resulting models for structural analysis, forecasting, and economic policy design and assessment exercises. The conference focused on the econometric aspects of the macro-financial linkages.

Click here for the program

Conference: Advances in Business Cycle Research - Directions since the Crises

13/12/2010 to 14/12/2010
National Bank of Belgium, Brussels
The Great Recession, which began in the US in December 2007, has thrown up a huge variety of new research threads, reopening old debates and challenging widely held preconceptions. Policy makers and academics have not been slow to respond to these challenges. Three years after the crisis began the aim of this conference is to perform an audit of what has been learnt and what needs to be studied. The conference offered a broad perspective covering both theory and econometric practice and created an event for policymakers to pose what they considered to be the as yet most important unanswered questions.


EABCN Conference: International Business Cycle - Linkages, Differences and Implications

27/06/2010 to 28/06/2010
Magyar Nemzeti Bank, Budapest

Global imbalances are widely seen to have been a contributory cause to the recent financial crisis and subsequent recession. The recession saw a sharp fall in trade and greater than usual synchronised declines across nations. A financial crisis in the US produced a sharp recession in Europe. The importance of spillovers between Emerging and Western Europe became apparent. In turn recovery is taking shape in different ways across different countries. There is a growing belief that understanding world business cycles will require greater understanding of the business cycle in emerging markets as well as global interactions between countries.  The conference was hosted by Magyar Nemzeti Bank on 28-29 June 2010.

Click here to view the programme and papers.


6th ECB Workshop on Forecasting Techniques: Forecasting, Real time and Survey data

05/03/2010 to 06/03/2010
European Central Bank, Frankfurt am Main

The EABCN, the Deutsche Bundesbank and the European Central Bank organized the 6th ECB Workshop on Forecasting Techniques on the topic “Forecasting, real-time and survey data”. The workshop was held in Frankfurt am Main on March 5-6 2010. The workshop provided a forum for the presentation of recent theoretical and empirical contributions on the role of real-time and survey data in forecasting macroeconomic and financial variables.


Click here for the programme and papers

11th EABCN Workshop: After the Crisis: a New Agenda for Business Cycle Research?

20/09/2009 to 21/09/2009
Given the depth of the current recession and the increasing use of unorthodox stabilisation policy the research agenda associated with the Great Moderation and the consensus it produced is increasingly coming under question. The aim of this conference was to consider whether such questioning is necessary and across a range of topics, examine the issues and methods that may begin to emerge amongst academics and policymakers.
The conference was held in Amsterdam, September 21-22.

 Click here to view the programme and papers.


 Click here to listen to the Panel Discussion.  


10th EABCN Workshop on Uncertainty over the Business Cycle

30/03/2009 to 31/03/2009
European Central Bank, Frankfurt

The business cycle and uncertainty are intimately linked in numerous dimensions. This conference brought together academics and policymakers to consider both theoretically and empirically these linkages. Suggested topics were:

  •  How do we date business cycles and where currently is the European economy?
  • Is this the end of the Great Moderation and if so what does the increase in volatility imply for consumption, investment and financial markets?
  • How much uncertainty is there over the impact of monetary and fiscal policy in downturns?
  • The role of learning and model uncertainty in business cycle models.


21/11/2008 to 23/11/2008

The second EABCN Conference took place in Barcelona from 21-23 November 2008.  Hosted by the CREI (Universitat Pompeu Fabra), the conference took a broad view of business cycle development, focusing on particular on four themes: Oil and Commodity Markets, Housing and the Business Cycle, Financial Intermediation and the Transmission Mechanism and Assessing the Performance of Cyclical Indicators in the recent Downturn