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EES Conference 2013

Understanding the sluggish recovery from the Great Recession

The Kiel Institute for the World Economy and the Federal Reserve Bank of Richmond, as part of the Ensuring Economic and Employment Stability (EES) network, have organized a conference, which was held at the Kiel Institute for the World Economy on November 11-12, 2013.

The conference aims to bring together researchers working on theoretical and empirical issues related to the patterns of recovery from the Great Recession.

Conference program:

(presenters in bold)


Monday, November 11

09:20                  Meeting point: Hotel Maritim

09:30 – 10:00     Registration at the Kiel Institute


Session 1: Worker and Job Flows over the Business Cycle

10:00 - 12:00      “Cyclicality of Job and Worker Flows: New Data and a New Set of Stylized Facts”

                            Rüdiger Bachmann, Christian Bayer, Stefan Seth and Felix Wellschmied

                            Discussant: James Costain

                            Paper / Presenter Slides / Discussant Slides


                            “Accounting for Unemployment: The Long and Short of It”

                            Andreas Hornstein

                            Discussant: Michael Reiter

                            Paper / Presenter Slides / Discussant Slides


12:00 - 13:00      Lunch Break


Session 2: Heterogeneities and the Business Cycle

13:00 – 15:00     “The Heterogeneity Based Matching Function”

                            Britta Kohlbrecher, Christian Merkl and Daniela Nordmeier

                            Discussant: Edgar Preugschat

                            Paper / Presenter Slides / Discussant Slides


                           “Slow Recoveries, Worker Heterogeneity and the Zero Lower Bound”

                           Federico Ravenna and Carl Walsh

                           Discussant: Antonella Trigari

                           Paper / Presenter Slides / Discussant Slides


15:00 - 15:30      Coffee Break

Session 3: Reallocation over the Cycle

15:30 - 16:30      “Unemployment and Endogenous Reallocation over the Business Cycle”

                            Carlos Carrillo-Tudela and Ludo Visschers

                            Discussant: Anja Bauer

                            Paper / Presenter Slides / Discussant Slides 


Session 4: Policy Session

Recovery from the Crisis: The Role of Macroeconomic Policies

16:45 - 18:15      •             Marcel Fratzscher, DIW

                            •             Karl Pichelmann, European Commission

                            •             Dennis Snower, IfW

                            •             John Weinberg, Richmond Fed

                           Moderator: Olaf Storbeck (Reuters)



19:40                  Meeting point: Hotel Maritim for Dinner at Hotel Kieler Kaufmann


Tuesday, November 12

Session 1: Keynote Speech

09:00 - 10:00      “Did the Job Ladder Fail During the Great Recession?”

                            Fabien Postel-Vinay

                            Presenter Slides


10:00 - 10:30      Coffee Break

Session 2: Unemployment Benefits and Unemployment

10:30 - 12:30      “Unemployment Benefits and Unemployment in the Great Recession: The Role of Macro Effects”

                           Marcus Hagedorn, Fatih Karahan, Iourri Manovskii and Kurt Mitman

                           Discussant: Marios Karabarbounis

                           Paper / Presenter Slides / Discussant Slides 


                            “Macroeconomic Evaluation of Labor Market Reform in Germany”

                            Tom Krebs and Martin Scheffel

                            Discussant: Michael Krause

                            Paper / Presenter Slides / Discussant Slides


12:30 - 13:30      Lunch Break

Session 3: Credit and the Business Cycle

13:30 - 15:30      “When Credit Dries Up: Job Losses in the Great Recession”

                            Samuel Bentolila, Marcel Jansen, Gabriel Jiménez and Sonia Ruano

                            Discussant: Markus Demary

                            Paper / Presenter Slides / Discussant Slides


                            “Corporate Cash and Employment”

                            Philippe Bacchetta, Kenza Benhima and Céline Poilly

                            Discussant: Ansgar Rannenberg

                            Paper / Presenter Slides / Discussant Slides

Conference Program 2013 Conference Program 2013
(Preliminary Program_Conference Kiel November 2013.pdf - 407.10 Kb)
Call for Papers 2013 Call for Papers 2013
(Call for papers_2013.pdf - 140.15 Kb)