Hayek Summer Workshop

Hayek Summer Workshop

Monetary Policy, Financial Crises & Political Instability

Leipzig, September 5-7, 2018

About

Financial crises, skyrocketing debt levels, sluggish growth, and growing inequality are among the most pressing policy issues in the industrialized world.

The Hayek Summer Workshop provides an opportunity to fifteen selected students to discuss causes, consequences, and remedies of the current low-growth and high debt environment from a Hayekian and Public Choice perspective. Students will spend two full days learning, thinking and arguing about topics such as the link between monetary policy, credit cycles and financial crises. They will explore the political economy of crisis policies as well as unintended consequences of crisis management.

The intensive workshop takes place from September 5-7, 2018 at Leipzig University, amidst one of Germany’s youngest and most dynamic cities. Selected students will be accommodated right in the city center, two minutes from the university buildings. The program package also includes welcome drinks, lunch meals, and get-togethers with the instructors.

Organization

Sponsor

Program

Wednesday, September 5, 2018

5 to 5:30 PM Arrival and Registration
5:30 PM Introduction
7 PM Get-together

Thursday, September 6, 2018

Monetary Policy, Cycles and Crises

9 to 10:30 AM Monetary Policy and Credit Cycles
(G. Schnabl)
10:30 to 11 AM Break
11 to 12:30 PM Monetary Policy, Imbalances and Crises
(G. Schnabl)
12:30 to 2 PM Lunch

Political Economy of Crisis Policies

2 to 3:30 PM Government Failure
(A. Fink)
3:30 to 4 PM Break
4 to 5:30 PM Interest-Group Behavior and Lobbying
(A. Fink)
7 pm Get-together
Political Polarization in the Digital Age
(C. Hoffmann)

Friday, September 7, 2018

Unintended Consequences in Emerging Markets

9 to 10:30 AM Capital Flows and Overheating
(A. Hoffmann)
10:30 to 11 AM Break
11 to 12:30 PM Discussion on Financial Repression
(A. Hoffmann)
12:30 to 2 PM Lunch

Unintended Consequences in Advanced Economies

2 to 3:30 PM Monetary Policy and Inequality
(P. Duarte)
3:30 to 4 PM Break
4 to 5:30 PM Monetary Policy, Low Growth and Political Polarization
(G. Schnabl)
5:30 to 6 PM Final Remarks
(G. Schnabl)

Instructors

Dr. Pablo Duarte

Pablo Duarte

Senior Researcher at the Institute for Empirical Research in Economics at Leipzig University. He obtained his PhD in economics at Leipzig University. His research interests include quantitative development economics, economic policy and economic history. His latest research is on informal financial markets, monetary policy and income inequality.

Dr. Alexander Fink

Alexander Fink

Lecturer at the Institute for Economic Policy at Leipzig University and Senior Fellow with the Institute for Research in Economic and Fiscal Issues. He holds a PhD in Economics from George Mason University and writes on topics in Political Economy. His latest research is on political donations, state-owned lotteries, and tax incentives for the timing of marriages.

Dr. Andreas Hoffmann

Andreas Hoffmann

Lecturer at Leipzig University's Institute for Economic Policy. He holds a PhD in Economics from Leipzig University and writes on topics in international finance and monetary policy. His latest research is on the return of financial repression in Europe, and macroprudential and monetary policy in emerging markets.

Prof. Dr. Christian Hoffmann

Christian Hoffmann

Professor of Communication Management at Leipzig University and director of the Center for Research in Financial Communication. His research focuses on strategic communication management, financial, and political communication – with a particular focus on the challenges and opportunities provided by new media.

Prof. Dr. Gunther Schnabl

Gunther Schnabl

Professor of Economics and director of the Institute for Economic Policy at Leipzig University. His research is on monetary integration, exchange rate policies, current account imbalances, and boom and bust cycles in financial markets. His latest research is on distribution and growth effects of unconventional monetary policy.

Apply

To apply for participation in the workshop, please send an email to Dr. Andreas Hoffmann (ahoffmann@wifa.uni-leipzig.de) by July 26, 2018.

Your application should include

  • your motivation to participate in the workshop (~200 words),
  • a summary of your study and/or research interests (~150 words),
  • a current copy of your CV.

We look forward to receiving your application and are excited to welcome you in Leipzig on September 5–7.

Leipzig