42. Konstanz Seminar on Monetary Theory and Policy
June 7 - June 10, 2011

The seminar will be held from June 7 - June 10, 2011, on the Island of Reichenau in Lake Constance. The first session will begin on June 8 at 9:00 a.m., the last session will terminate on June 10 at noon.


The final seminar program is now available.

Lake Constance

Accommodation and seminar presentations will be at Strandhotel Löchnerhaus, located on Reichenau Island. (Find it here in Google maps.)
Coming from Zurich Airport, you will first have to catch a train to Konstanz Bahnhof. (Timetable Zurich-Airport to Konstanz) From there you take a regional train to Reichenau(Baden)/Reichenau Bahnhof and finally a bus (bus no. 7372) to Reichenau Stedigasse/Anlegestelle which is next to the Strandhotel Löchnerhaus. (Timetable Konstanz to Reichenau-Stedigasse)


Presenter Title pdf-Files
David Andolfatto
(Federal Reserve Bank of St. Louis)		 Undue Diligence
with Aleksander Berentsen (University of Basel) and Christopher Waller (Federal Reserve Bank of St. Louis)
Markus K. Brunnermeier
(Princeton University)		 The I Theory of Money
with Yuliy Sannikov (Princeton University)
Zeno Enders
(University of Bonn)		 On the Existence and Prevention of Speculative Bubbles
with Hendrik Hakenes (University of Bonn)
Philipp Engler
(Freie Universität Berlin)		 Monetary Policy and Unemployment in Open Economies
Michael Evers
(University of Bonn)		 Solving Nonlinear Rational Expectations Models by Approximating the Stochastic Equilibrium System
Anton Korinek
(University of Maryland)		 Macroprudential Regulation Versus Mopping Up After the Crash
with Olivier Jeanne (Johns Hopkins University)
Thomas Laubach
(Goethe University Frankfurt)		 Fiscal Policy, Default Risk and Euro Area Sovereign Bond Spreads
with Vladimir Borgy (Banque de France), Jean-Stéphane Mesonnier (Banque de France) and Jean-Paul Renne (Banque de France)
Todd B. Walker
(Indiana University)		 The Fiscal Multiplier Morass: A Bayesian Perspective
with Eric Leeper (Indiana University) and Nora Traum (North Carolina State University)
Christopher J. Waller
(Federal Reserve Bank of St. Louis)		 Quantifying the Shadow Economy: Measurement with Theory
with Pedro Gomis-Porqueras (Monash University) and Adrian Peralta-Alva (Federal Reserve Bank of St. Louis)
Policy Session Speaker:
Ignazio Visco
(Vice Direttore Generale, Bank of Italy)		  

More information on the Konstanz seminar, its history and academic and policy accomplishments are available here.