67th Economic Policy Panel

Hosted by the Swiss National Bank

Venue: Great Guild Hall, 2nd Floor, Zunfthaus zur Zimmerleuten Limmatquai 40, 8001 Zurich, Switzerland

12-13 April 2018

Programme

Each session is 70 minutes in duration Author: 25 mins | Discussant: 15 mins (each) | Panel discussion: 15 mins * indicates presenting author

Thursday 12 April

14:00 Registration and coffee on arrival

14:30 – 14:45 Opening Remarks Mr Thomas Moser, Alternate Member of the Governing Board, Swiss National Bank

14:45 – 15:55 Can Compensate the Effect of Population Aging on Macroeconomic Performance? Evidence from Panel Data Rainer Kotschy (LMU Munich) * Uwe Sunde (LMU Munich)

Discussants: Francesco Drago (University of ) Pietro Biroli (University of Zurich)

15:55 – 17:05 Monetary Policy and Bank Profitability in a Low Interest Rate Environment * Carlo Altavilla (European Central Bank) Miguel Boucinha (European Central Bank) José-Luis Peydró (ICREA-UPF, CREI & BGSE)

Discussants: Ralph De Haas (EBRD) Vasso Ioannidou (University of Lancaster)

17:05 – 17:20 coffee break

17:20 – 18:30 The Walking Dead?: Zombie Firms and Productivity Performance in OECD Countries Müge Adalet McGowan (OECD) Dan Andrews (OECD) * Valentine Millot (OECD)

Discussants: Martin Brown (University of St.Gallen) Elena Carletti ()

20:00 Conference dinner at The Ballroom of the Savoy Hotel Baur en Ville Address: Poststrasse 12, 8001 Zurich

Welcome address by Ms Andréa M. Maechler, Member of the Governing Board, Swiss National Bank

Friday 13 April

08:30 – 09:40 Where Do People Get Their News? * Patrick Kennedy (Columbia University) Andrea Prat (Columbia University)

Discussants: Roberto Galbiati ( Po) David Hémous (University of Zurich)

09:40 – 10:50 Populism and Civil Society * Tito Boeri (Bocconi University) Prachi Mishra (IMF) Chris Papageorgiou (IMF) Antonio Spilimbergo (IMF)

Discussants: Christina Gathmann (Heidelberg University)

10:50 – 11:10 Coffee break

11:10 – 12:20 The Gains from Economic Integration David Comerford (University of Strathclyde) * José V. Rodriguez Mora (University of Edinburgh)

Discussants: Giacomo Calzolari () Gabriel Felbermayr (CESifo)

12:20 – 13:25 Lunch (preceded by group photo)

13:25 – 14:35 Radical Right Populism and the Role of Positional Deprivation and Inequality * Brian Burgoon (University of Amsterdam) Sam van Noort (University of Cambridge) Matthijs Rooduijn (University of Amsterdam) Geoffrey Underhill (University of Amsterdam)

Discussants: Ruben Durante (Sciences Po and Universtat Pompeu Fabra) Veronica Rappaport (London School of )

14:35 – 15:45 Global Crises and Populism: The Role of Eurozone Institutions * Luigi Guiso (Einaudi Institute for Economics and Finance) Helios Herrera (Warwick University) Massimo Morelli (Bocconi University) Tommaso Sonno (London School of Economics and Université Catholique de Louvain)

Discussants: Ghazala Azmat (Sciences Po)

15:45 – 16:05 Coffee break

16:05 – 17:15 The Productivity Puzzle and Misallocation: An Italian Perspective Sara Calligaris (OECD and EIEF) Massimo Del Gatto (“G.d’Annunzio” University and CRENoS) * Fadi Hassan (Trinity College Dublin, CEP and Bank of ) Gianmarco Ottaviano (London School of Economics, Bocconi University and CEP) Fabiano Schivardi (LUIS and EIEF)

Discussants: Alberto Martín (CREI) Kurt Mitman (Stockholm University)

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