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About MacroMontréal

MacroMontreal is a network linking the macroeconomists from the Department of Applied Economics at HEC Montreal, and from the economics departments of the Universite de Montreal, McGill University, UQAM and Concordia University. The objective of MacroMontreal is to host leading economist who can stimulate research and debate in addressing the main open questions in macroeconomics, and provide innovative perspectives on current economic issues.


New Developments in Business Cycle Analysis: The Role of Labor Markets and International Linkages

Norges Bank, Oslo, Friday June 20th 2014

Norges Bank, MacroMontreal and CIRPEE-Centre Interuniversitaire sur le Risque, les Politiques Economiques et l'Emploi are organizing a joint one-day workshop with the purpose of bringing together researchers working on empirical and theoretical aspects of business cycle analysis. The aim of the workshop is to discuss new challenges brought forward by the recent financial crisis and by the sluggish recovery in labor markets experienced by several countries.

Relevant topics include, but are not limited to:

  • economic recovery following boom-bust episodes
  • the impact on business cycles and economic policy of search frictions in the labor market, labor market reforms and the labor force participation decision
  • immigration and international labor mobility
  • the causes and consequences for the macroeconomy of time-varying uncertainty
  • the analysis of sectorial and international labor and capital reallocation
  • the role of international coordination in monetary policies
  • the role of financial intermediation and asset prices in correcting for regional/sectorial imbalances
  • monetary policy trade-offs for small open economies

Larry Christiano (Northwestern University) will present the keynote address.

Papers (or extended abstracts) for submission should be sent to by March 1st.

Call for papers (pdf, 41 kB)

We invite potential participants to submit a paper also to the 2014 CEF (Computing in Economics and Finance) conference that will be held in Oslo on June 22nd – 24th (deadline February 15th), and to the CAMP Workshop on Commodity Price Dynamics and Financialization held at the BI Norwegian Business School on June 25th 2014 (deadline March 1st).

Program Committee:
Hafedh Bouakez (
Francesco Furlanetto (
Federico Ravenna (
Martin Seneca (




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