International Conference on

New Challenges in Economic Research

September 3 and 4, 2007

Host

Department of Economics

Université catholique de Louvain

This conference is sponsored by:

ARC project on New Macroeconomic Perspectives in Development

PAI project on Equilibrium Theory and Optimization for Public Policy and Industry regulation

Chaire Alexis Jacquemin on Politiques micro-économiques européennes

Local organizers: Raouf Boucekkine (coordinator), Bart Cockx, Pierre Dehez, Frédéric Docquier, Henri Sneessens, Bruno Van der Linden, Hylke Vandenbussche and Raf Wouters.

Secretary: Claudine Stage,

Monday, September 3

9:00 Welcome

(Montesquieu Building Entrance Hall)

9:30 Plenary session I: Labour Economics (Aud. Montesquieu 01)

Chairman : Bruno Van der Linden (UCL, Louvain-la-Neuve)

Dale Mortensen (Northwestern University)

Island matching and the volatility of unemployment

11:00 Coffee break

11:30 Plenary session II: Migration and Development (Aud. Montesquieu 01)

Chairman : Frédéric Docquier (UCL, Louvain-la-Neuve)

Mark Rosenzweig (Yale University)

Education and migration: a global perspective

13:00 Lunch

14:30-17:00 Parallel session I : Labour Economics (Aud. Leclercq 60)

Chairman: Maarten Goos (KUL, Leuven)

Klaus Wälde (University of Würzburg and CESifo)

Time-dependent unemployment insurance with endogenous search effort

Bruno Crépon (CREST-INSEE, CEPR and IZA)

Policy evaluation in equilibrium. The case of job search counselling in

France.

Bas van der Klaauw (Free University Amsterdam, CEPR and IZA)

Structural empirical evaluation of job search monitoring

14:30-17:00 Parallel session II : Migration and Development (Aud; Leclercq 61)

Chairman: Jean-Marie Baland (FUNDP, Namur)

Andrew Mountford (Royal Holloway University of London)

The brain drain and the world distribution of income

Hillel Rapoport (Bar Ilan University and EQUIPPE, Université de Lille II)

Migration and FDI: complements or substitutes

Herbert Brucker (IAB, Nurnberg)

Does migration trigger human capital investment?

14:30-17:00 Session III : Monetary Macroeconomics (Aud Leclercq 62)

Chairman: Robert Kollmann (Free University of Brussels)

Carlos Thomas (London School of Economics)

Search, matching frictions and optimal monetary policy

Michael U. Krause (Deutsche Bundesbank)

Inflation dynamics with search frictions: a structural econometric analysis

Keith Kuester (European Central Bank)

Real price and wage rigidities in a model with matching frictions

17:00 Coffee break

17:45 Plenary session III: Methodology (Aud. Montesquieu 01)

Chairman: Pierre Dehez (UCL, Louvain-la-Neuve)

Werner Hildenbrand (Universität Bonn)

Reflections on the modelling methodology in applied demand analysis

20:00 Conference dinner


Tuesday, September 4

9:00 Plenary session IV: International Trade (Aud. Montesquieu 01)

Chairman : Hylke Vandenbussche (UCL, Louvain-la-Neuve)

Jonathan Eaton (New York University)

Trade at the firm level

10:30 Coffee break

11:00 Plenary session V: Growth Theory (Aud. Montesquieu 01)

Chairman: Raouf Boucekkine (UCL, Louvain-la-Neuve)

Oded Galor (Brown University and the Hebrew University of Jerusalem)

Unified growth theory

12:30 Lunch

14:00-16:30 Parallel session IV: Growth Theory (Aud. Leclercq 60)

Chairman : David de la Croix (UCL, Louvain-la-Neuve)

Omer Moav (The Hebrew University of Jerusalem)

Inequality in land ownership, the emergence of human capital promoting institutions and the great divergence

Uwe Sunde (IZA, Bonn)

Human capital, mortality and fertility: a unified theory of the economic and demographic transition

Omar Licandro (European University Institute, Florence)

"The father of child is father of man": implications for the demographic transition

14:00-17:45 Parallel session V: International Trade (Aud. Leclercq 61)

Chairmen : Joep Konings and Gerald Willman (KUL, Leuven)

Andrew Bernard (Tuck School, Dartmouth)

Multi-product firm and trade liberalization

Francis Kramarz (CREST-INSEE)

Trade, wages and employment using firm- level data

Keith Head (University of British Columbia)

Gravity and heterogeneity

Marc Melitz (Princeton University)

The dynamics of firm-level adjustment to trade liberalization

16:30 Coffee break

18:00 Closing plenary session (Aud. Montesquieu 01)

Chairman: Raf Wouters (National Bank of Belgium)

Jacques Drèze (UCL, Louvain-la-Neuve)

General equilibrium, incomplete markets and macroeconomics

19:30 Farewell drink