plenary
09.00 - 10.20
Plenary Session (Rudolf Sallinger Saal)
Chair: Karl Aiginger, WIFO
Social Security Systems and Social Investment: How to Account for Low Growth Risks and Promote Sustainable Growth
Frank Vandenbroucke, KU Leuven
When 'Secular Stagnation' meets Piketty's capitalism in the 21st century - Growth and inequality trends in Europe reconsidered
Karl Pichelmann, European Commission
10.40 - 12.40
Session 1
Ageing, Social Investment and Welfare (Saal 1)
Chair: Catherine Mathieu, OFCE
Dealing with the challenges posed by an ageing population in the EU
Giuseppe Carone Per Eckefeldt and Veli Laine, European Commission
The effects of education and aging in a OLG model: long-run growth behavior in France, Germany and Italy
Michele Catalano and Emilia Pezzolla, Prometeia Associazione
Long run growth and redistribution in the Italian Social Security System
Carlo Mazzaferro and Marcello Morciano, University of Bologna and University of East Anglia
The social investment perspective as guiding principle for welfare state adjustment
Thomas Leoni, Austrian Institute of Economic Research (WIFO)
Discussant: Alexia Fürnkranz-Prskawetz, Vienna University of Technology and Vienna Institute of Demography
10:40 - 12:40
Session 2
EU Economic Policy (Rudolf Sallinger Saal)
Chair: Henri Sterdyniak
The euro area, between self-inflicted misfortunes and hopes
Jérôme Creel and IAGS team, OFCE
The Effect of Fiscal Policy on the Labor Market over the Business Cycle
Thierry Betti, Thomas Coudert, University of Strasbourg
Fiscal Reaction Function and Fiscal Fatigue in the Euro Area
Cristina Checherita-Westphal, European Central bank, Vaclav Zdarek, ECB, University of Warwick
How to exit a currency union
Stefan Hirth, Aarhus University
Discussant: Kerstin Bernoth, DIW Berlin
10.40- 12.40
Session 3
Long-term Growth Patterns (Saal 2)
Chair: Markku Kotilainen, ETLA
Causes and policy implications of the Dutch current account surplus
Hugo Rojas-Romagosa and Albert van der Horst, CPB Netherlands Bureau for Economic Policy Analysis
The permanent necessity to undervalue the euro endangers Europe’s trade relations
Stefan Kawalec, Capital Strategy
The financial sector and growth – Best practice regulation and the opportunity for a more stable system in a low growth environment
Michael Kueschnig, Student of Economics at WU Vienna University of Economics and Business
Long-term factors and constraints of economic growth in Europe and in the world
Marek Dabrowski, CASE, Warszaw, Bruegel, Brussels, and Higher School of Economics, Moscow
Discussant: Harald Oberhofer, Vienna University of Economics and WIFO
13.40 - 15.40
Session 4
Potential Growth (Saal 1)
Chair: Sandra Bilek-Steindl, WIFO
Should we still use the concept of "potential growth"?
Catherine Mathieu and Henri Sterdyniak, OFCE
Europe's Long-Term Growth Prospects: With and Without Structural Reforms
Kieran McQuinn, Economic and Social Research Institute, Dublin, and Karl Whelan, University College Dublin and CEPR
Lessons learnt from seven years of stagnation in the Eurozone
Clemens Kool, CPB and Utrecht University, Jasper Lukkezen CPB and Utrecht University
In which way can economic growth be accelerated in Europe?
Matti Viren, University of Turku and Bank of Finland
Discussant: Susanne Maidorn, Austrian Fiscal Advisory Council
13.40 - 15.40
Session 5
Labour Markets (Rudolf Sallinger Saal)
Chair: Rene Böheim, Johannes Kepler University Linz
How strong is the correlation between unemployment and growth really? The persistence of Okun´s Law and how to weaken it
Stefan MARTH, Vienna University of Economics and Business
Labour mobility in the euro-zone during the Great Recession
Florence Huart and Médédé Tchakpalla, Université de Lille
The impact of growth on unemployment in a low and high inflation environments
Mewael F. Tesfaselassie, IfW Kiel
Discussant: Stefania Tomasini, Prometeia
13.40 - 15.40
Session 6
Public Investment and Environmental Issues (Saal 2)
Chair: Klaus-Jürgen Gern, IfW Kiel
Public Investment, Fiscal Rules, and Intergenerational Welfare
Pedro R. D. Bom, University of Vienna
Does public investment stimulate private investment? Evidence for the euro area
Christian Dreger, DIW Berlin, Hans-Eggert Reimers, Hochschule Wismar
Macroeconomics, climate change and a new carbon policy proposal
Etienne Espagne, CPII and CIRED
Eco-clusters as adriving force for greening regional economic policy
Alina Pohl, Master Student in Economics at the Vienna University of Economics and Business, Supervisor Karl Aiginger
Discussant: Marina Fischer-Kowalski, Institut for Social Ecology Vienna and Alpen-Adria-University
Policy Panel
16.00 - 17.40
Policy Panel (Rudolf Sallinger Saal)
Chair: Andreas Schnauder, Der Standard
16.00 - 17.40
Comments by John Fitzgerald, ESRI and Albert van der Horst (CPB)