The Pinhas Sapir Center for Development Tel-Aviv University

Bank of Israel

"New Developments in the Analysis of Monetary
Policy and Institutions"

A Conference in honor of Alex Cukierman's Life-Long
Contribution to Macroeconomics
December 15 th -16 th, 2005

To view the lectures you will need:
Window's Media player, version 9 .
Microsoft Internet Explorer 5.5 or later .
Fast network connection to the video service (Cable/ADSL 500kbs or more).
 

		greetings	Zvi Hercowitz - chairman
		paper	Guido Tabellini "Bureaucrats or Politicians" Joint with Alberto Alesina
		discussion	Mark Gradstein
		paper	Frank Smets "Adaptive Learning, Persistence and Optimal Monetary Policy" Jointwith Vitor Gaspar and David Vestin
		discussion	Francesco Lippi
		paper	Athanasios Orphanides "Inflation Targeting under Imperfect Knowledge" Joint with John C. Williams
		discussion	Nissan Liviatan
		paper	Francisco J. Ruge-Murcia "The Dynamic (In) efficiency of Monetary Policy by Committee" Joint with Alessandro Riboni
		discussion	Benjamin Bental
		paper	Carl E. Walsh "Optimal Transparency under Flexible Inflation Targeting "
		discussion	Akiva Offenbacher
		paper	Assaf Razin "Globalization and Equilibrium Inflation-Output Tradeoffs" Joint with PrakashLoungani
		discussion	Nathan Sussman
		Panel discussion	"Financial Crises, Monetary Policy, and Macroeconomic Performance" Participants: Stanley Fischer, Tommaso Padoa-Schioppa, Jose De Gregorio Moderator: Assaf Razin
		paper	Francesco Lippi "Monetary Union with Voluntary Participation" Joint with William Fuchs
		discussion	Michael Ben-Gad
		paper	Ricardo Reis "A Cost-of-Living Dynamic Price Index, with an Application to Indexing Retirement Accounts"
		discussion	Joseph Zeira
		paper	Alex Cukierman "Fiscal-Monetary Policy Interactions in the Presence of Unionized Labor Markets" Joint with Alberto Dalmazzo
		discussion	Michel Strawczynski