Liverpool Workshop in Applied Macroeconomics

18-19 July 2019

University of Liverpool Management School, Chatham Street, L69 7ZH 

Financial support for the workshop from the University of Liverpool Management School and the Methusalem KU Leuven Research Programme is gratefully acknowledged.

If you would like to register to attend the workshop, please email Ruijun Bu: 

Organizers: Oliver de Groot, Jozef Konings, Shalini Mitra, and Ruijun Bu


Day 1

Thursday 18th July
12:00-13:25 Lunch reception (ULMS SR5 breakout area)
13:25-13:30 Welcome Address (ULMS SR5)

Session One – Markups, Production & Market Power (ULMS SR5)

Glenn Magerman (ECARES, Université libre de Bruxelles) - Price Updating with Production Networks

Lu Han (University of Cambridge) - Invoicing and Pricing-to-Market: A Study of Price and Markup Elasticities of UK Exporters

Jozef Konings (University of Liverpool, KU Leuven and CEPR) - Markups, Strategic Complementarities and Expenditure Switching

15:30-16:00 Coffee Break (ULMS SR5 Breakout Area)

Session Two – Monetary Policy I (ULMS SR5)

Gabor Pinter (Bank of England) - Employment and the Collateral Channel of Monetary Policy

Oliver de Groot (University of Liverpool) - The Signalling Channel of Negative Interest Rates


Drink Reception (Pump House, Albert Dock)


Workshop Dinner (The Club House, Chavasse Park, Liverpool ONE)

Day 2

Friday 19th July
09:00-09:30 Coffee Reception (ULMS SR5 Breakout Area)

Session Three – Monetary Policy II (ULMS SR5)

Michael McMahon (University of Oxford) - Policymakers’ Uncertainty

Michal Kobielarz (KU Leuven) - Bailouts in a Monetary Union

10:50-11:20 Coffee Break (ULMS SR5 Breakout Area)

Session Four – Macroeconomics & Labor (ULMS SR5)

Shalini Mitra (University of Liverpool) - Financial Frictions, Allocation Shock and Business Cycle Dynamics

Julian Neira (University of Exeter) - From Population Growth to Firm Demographics: Implications for Concentration, Entrepreneurship, and the Labor Share

Thijs van Rens (University of Warwick) - Delayed Adjustment and Persistence in Macroeconomic Models


Closing Remarks (ULMS SR5)


Workshop lunch (Refinery, Hope Street)