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DTEND:20161026T133000
UID:6a9e03eaf08c7
DTSTAMP:20260907T102306
LOCATION:ESC Boardroom Level 37\, 2 Lonsdale Street Melbourne 3000 VIC
DESCRIPTION:Uncertainty: Macroeconomic Effects and Policy Implications
Uncertainty is a drag on the real economy. But where does uncertainty originate? How does it influence the economic system? What can macro policies do about it? The talk will document the main facts about uncertainty at a macroeconomic level\, document the real effects of uncertainty shocks\, offer an overview of the main channels via which uncertainty shocks are transmitted to the economy\, and cover the role that macroeconomic policies can play in tackling the effects of such shocks. Estimates of the real cost associated to the "Brexit" shock will be proposed
Biography
Associate Professor Efrem Castelnuovo joined the Melbourne Institute of Applied Economic and Social Research in 2014.
Prior to joining the Melbourne Institute\, Efrem has held positions at the University of Padova\, and has taught at the Universities of Oxford\, Bologna\, Brescia\, Rome Tor Vergata\, and the Halle Institute for Economic Research.
Efrem earned a PhD in Economics from the Bocconi University (2004)\, and has been Associated Editor of the Journal of Applied Econometrics since 2013. His research agenda centres on the role of nonlinearities for the transmission of structural shocks\, the identification of common factors across countries\, and the empirical validation of structural DSGE models. He has published his research in a number of international journals\, including the Journal of Monetary Economics\, Journal of Money\, Credit and Banking\, Economic Journal\, Journal of Applied Econometrics\, Journal of Economic Dynamics and Control\, Oxford Bulletin of Economics and Statistics\, Macroeconomic Dynamics\, Journal of International Money and Finance\, and Economics Letters.&nbsp\;
URL;VALUE=URI:http://esavic.org.au/event/22100
SUMMARY:Professional Development Seminar: Efrem Castelnuovo 
DTSTART:20161026T123000
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