The Great Recession and its aftermath is in the focus of the 2nd Research Conference of the MMCI Network

On June 7 and 8, the Macroeconomic Modelling and Model Comparison Network (MMCN) will organize its 2nd research conference. With the help of structural macroeconomic models, representatives of central banks and researchers provide explanatory approaches regarding the Great Recession and its aftermath. The MMCN is a joint network of the Hoover Institution and the IMFS under the auspices of the London-based Centre for Economic Policy Research (CEPR). The 2nd research conference of the MMCN will take place at the Hoover Institution at Stanford University, California.

The MMCN network forms part of the Macroeconomic Model Comparison Initiative (MMCI), a joint research project by the Hoover Institution at Stanford and the IMFS, which is financially supported by the Sloan Foundation. The MMCI is led by John Taylor, Hoover Institution at Stanford University, as well as Volker Wieland and Michael Binder, IMFS and Goethe University.

On June 7, Lars Peter Hansen of the University of Chicago will hold the key lecture on “Comparative Valuation Dynamics in Models with Financing Restrictions”. The expert on economic dynamics and statistical methods is a recipient of the 2013 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for his early research. John B. Taylor will hold the dinner speech.

More information on the conference