Third Research Conference of the CEPR Network on Macroeconomic Modelling and Model Comparison (MMCN)

June 13-14, 2019
Goethe University Frankfurt


The Macroeconomic Modelling and Model Comparison Network (MMCN) is a research network under the auspices of the Centre for Economic Policy Research (CEPR). The MMCN is part of the Macroeconomic Model Comparison Initiative (MMCI), a joint project led by the Hoover Institution at Stanford University and the Institute for Monetary and Financial Stability (IMFS) at Goethe University Frankfurt.

Quantitative macroeconomic models play an important role in informing policy makers about the consequences of monetary, fiscal and regulatory policies. Encouraging interaction among researchers interested in model and policy comparison, as well as promoting collaboration between academia and policy institutions, the MMCN provides a platform for researchers to compare existing models and present new models, as well as underlying solution and estimation methods, thereby enhancing opportunities for building on work by others.

At the third research conference, both theoretical and empirical papers cover the following topics of interest:

1.    Modelling the financial sector and financial crises in macroeconomic models
2.    Assessing the transmission channels and effects of monetary, fiscal and regulatory policies
3.    Modelling macroeconomic effects of structural reforms and tax policy
4.    Solution, estimation, simulation and forecasting with structural macroeconomic models
5.    Model comparison and robust policies

Lars Peter Hansen (University of Chicago) and John B. Taylor (Stanford University) will give the keynote speeches. Special sessions at the 2019 conference will focus on Assessing the effects of macro-prudential policies and Forecasting with macroeconomic models.

The Organizers:
Michael Binder (IMFS, Goethe University Frankfurt)
John B. Taylor (Stanford University and Hoover Institution)
Volker Wieland (IMFS, Goethe University Frankfurt and CEPR)

MMCI is supported by a generous grant from the Alfred P. Sloan Foundation. IMFS also thanks the Foundation for Monetary and Financial Stability / Stiftung Geld und Währung for financial support.