20th Central Bank Macroeconomic Modeling Workshop on Policy Coordination 2017

The workshop will bring together leading economists from central banks and academic institutions to consider critical issues related to policy coordination between instruments and between countries. The financial crisis and the ensuing slow recovery brought to the forefront policy coordination issues. Fiscal policies were mobilized in addition to monetary policy in several countries; macro-prudential policies are nowadays viewed as central while there are recurrent pleas for additional structural policies. Against this backdrop, policy coordination, within a single country and/or across countries, has attracted a lot of attention. The organizing committee of the CBMMW is seeking and welcoming papers on issues related to the above: - Optimal coordination between monetary and fiscal, macro-prudential or structural policies - Multiplier effects of coordinating policies - Gains from international coordination - Policy coordination in a monetary union.