The European Economic Association

Newsletter EEA

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Lunch Sessions
  • Monday August 24

Academia to Public Policy: What Should we Teach our Students? (organised by the EEA Education Committee)
Speakers: Sir Charles Bean, London School of Economics; Andreu Mas-Colell, Minister of Economy and Knowledge of the Government of Catalonia and Universitat Pompeu Fabra; and Sir Christopher Pissarides, London School of Economics
Chair: Margaret Bray, London School of Economics and Chair of EEA Education Committee

Charlie Bean, Andreu Mas-Colell and Chris Pissarides have combined distinguished academic careers with major policy public policy roles during and after the financial crisis, the ongoing Eurozone crisis and debates about the boundaries of nation states and membership of the Eurozone and the European Union. They will reflect on economic education in the light of their public policy experience, discussing both the content of what is taught and the skills and habits of thought which we instil in our students.


Getting Funding in Economics: Experience with the ERC Applications Process
Speakers: Adriana Cristoiu, European Research Council; Mariacristina Di Nardi, University College London, Chicago FED, IFS, and NBER and ERC Consolidator grant holder; and Adam Szeidl, Central European University and ERC grant holder
Chair: Rachel Griffith, University of Manchester and IFS (EEA President, 2015)

The ERC presents a great opportunity for economists to fund their research. However, applications from economists are low compared to other disciplines and have been declining. Funds are allocated between panels according to the number of applications that each panel receives, so this decline in applicants means that less money is going towards economics research. If we can increase applications to the economics relevant panel (SH1, markets, individuals and institutions) then this will increase the funds going to support economics research. We would like to encourage people to submit applications. This session is meant to provide further information on the opportunities for funding from the ERC, and to give participants a chance to ask questions to the ERC directly and to some economists who have been successful in obtaining ERC funding about their experiences. For information about future ERC calls look here


  • Tuesday August 25

Effects of Non-Standard Monetary Policy Measures: Evidence and Challenges (organised by the European Central Bank)
Speakers: Sir Charles Bean, London School of Economics and Political Science and former Deputy Governor for Monetary Policy, Bank of England (slides); Vítor Constâncio, Vice-President, European Central Bank (slides); Lucrezia Reichlin, London Business School (slides); Hyun Song Shin, Economic Adviser and Head of Research, Bank for International Settlements (slides)
Chair: Klaus Adam, University of Mannheim

With the aim of redressing the adverse consequences of the global financial crisis, major central banks in advanced economies have deployed a variety of non-standard monetary policy measures, including the provision of very large amounts of liquidity, forward guidance about future policy rates, as well as credit and quantitative easing (QE). This plenary panel session will bring together distinguished policy-makers and academics to discuss pertinent issues such as the transmission channels of non-standard monetary policy measures, their effectiveness in sustaining financial intermediation and supporting the economic recovery in the aftermath of the crisis, and their potential costs or trade-offs (in terms of monetary and financial stability).


  • Wednesday August 26

The Euro Crisis: The Role of Different Economic Traditions
Speakers: Markus Brunnermeier, Princeton University (slides); Peter Praet, European Central Bank; and Harold James, Princeton University
Chair: Volker Nocke, University of Mannheim

Given the historical paths, different countries in Europe follow different economic philosophies and derive different policy descriptions for how to respond to crisis events. National interest are interpreted through the lens of ideas or visions. This plenary session brings together experienced policy makers, economic historians and economists to discuss these differences and possible points of convergence.


  • Thursday August 27

Panel: Competition and Innovation (organised and sponsored by MaCCI - Mannheim Center for Competition and Innovation)
Panellists: John van Reenen, Centre For Economic Performance, LSE; Michele Boldrin, Washington University in Saint Louis; and Dietmar Harhoff, Max Planck Institute for Innovation and Competition
Chair: Martin Peitz, University of Mannheim

Policy makers around the world, including the European Commission, claim to promote competition and innovation. Often it is claimed that competition and innovation go hand in hand, but the protection of intellectual property (IP) is institutionalized in many ways, granting monopoly rights, albeit limited, to innovators. The interaction between competition and innovation is complex. What are the facts on the ground? What are concrete policy options for the design of IP to the benefit of society? The plenary panel session will bring together three renowned academics to shed light on the empirical relationship between competition and innovation, reforms of patent and copyright regimes, and the role of ex post interventions by competition authorities and the courts.

Last update August 27, 2015
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