- NOeG-l - Wirtschaftsuniversität Wien

Invitation: "Challenges and Recent Advances in Modelling and Forecasting Inflation" Online workshop, 28 November 2022 (14:00-17:30 CET)
by Gnan, Ernest 21 Nov '22

21 Nov '22

Dear colleagues, May I draw your attention to a SUERF/ECB/Bank of Finland-Bank of Italy/ OeNB online workshop: "Challenges and Recent Advances in Modelling and Forecasting Inflation"<https://www.suerf.org/modelling_forecastinginflation>, which will take place on Monday, 28 November, from 14:00 to 17:30 CET. In case you are not able to attend or want further colleagues to also listen in, please feel free to forward this e-mail invitation. For registration, please use this link<https://www.suerf.org/registration/9911/modelling-forecastinginflation>. Kind regards Ernest Gnan ________________________________________________ Prof Dr Ernest Gnan Secretary General, SUERF – The European Money and Finance Forum Honorary Economic Advisor to the OeNB Governor ernest.gnan(a)oenb.at<mailto:ernest.gnan@oenb.at> +43 664 4333384 • @dr_gnan<https://twitter.com/dr_gnan> • LinkedIn<https://www.linkedin.com/in/ernest-gnan-8a6957ab/> • www.suerf.org<http://www.suerf.org/> [cid:image001.png@01D8F50A.AFE18460]<https://www.suerf.org/modelling_forecastinginflation> INVITATION We are pleased to announce that registration is now open for the forthcoming SUERF – ECB – Bank of Finland– Bank of Italy – OeNB workshop on "Challenges and Recent Advances in Modelling and Forecasting Inflation"<https://www.suerf.org/modelling_forecastinginflation> , to be held virtually on Monday, 28 November 2022. CET Agenda 14:00 Opening and welcome: Ernest Gnan, SUERF Session 1 – Inflation forecasting: learning from errors, what if there is a regime change? Chair: Juha Kilponen, Bank of Finland The usefulness of inflation indicators depending on the inflation regime Benoit Mojon, BIS The bias of the ECB inflation projections: a state dependent analysis Pirkka Jalasjoki, Bank of Finland 14:50 Session 2 – Inflation perceptions/expectations: role for inflation modeling and forecasting Chair: Matthieu Darracq Paries, ECB New avenues to incorporate inflation expectations into forecasting models - state of work at the ECB Marta Bańbura, ECB Whose Inflation Expectations Best Predict Inflation? Randal J Verbrugge, Saeed Zaman, Federal Reserve Bank of Cleveland Is Trend Inflation at Risk of Becoming Unanchored? The Role of Inflation Expectations Danilo Cascaldi-Garcia, Francesca Loria, Federal Reserve Board 15:40 Virtual Break 15:50 Session 3 – Inflation forecasting: new avenues for improvement Chair: Alessandro Notarpietro, Banca d’Italia Forecasting UK inflation bottom up Andreas Joseph, Bank of England Forecasting US Inflation using Bayesian Nonparametric Models Massimiliano Marcellino, Bocconi University Todd Clark, Federal Reserve Bank of Cleveland The demand and supply of information about inflation Dalibor Stevanovic, Université du Québec à Montréal, CIRANO 16:40 Session 4 – Inflation dynamics and large supply shocks Chair: Deniz Igan, BIS and SUERF Inflation Expectations and the Supply Chain Emiliano Luttini, Central Bank of Chile Global Supply Chain Pressures, International Trade, and Inflation Muhammed A Yildirim, Koç University Pass through of energy prices to inflation in the euro area: implications for current modelling practices? Francesco Corsello, Banca d’Italia 17:30 End To participate, please register by using the following LINK<https://www.suerf.org/registration/9911/modelling-forecastinginflation>. Feel free to share this invitation with colleagues who might be interested to attend! On behalf of the program committee and the co-organizing institutions, We look forward to your participation! www.suerf.org/modelling_forecastinginflation<http://www.suerf.org/modelling_forecastinginflation> Program Committee Matthieu Darracq Paries, ECB, Ernest Gnan, SUERF, Juha Kilponen, Bank of Finland, Karin Klieber, OeNB, Alessandro Notarpietro, Banca d’Italia, Fabio Rumler, OeNB, and Mirjam Salish, OeNB ________________________________ SUERF - The European Money and Finance Forum c/o OeNB, Otto-Wagner-Platz 3, A-1090 Vienna<https://maps.google.com/?q=Otto-Wagner-Platz+3,+A-1090+Vienna&entry=gmail&s…> Tel: +43 1 40420 7216<tel:+431404207216> - E-mail: suerf(a)oenb.at<mailto:suerf@oenb.at>. [Suerf On Twitter] <https://twitter.com/suerf_org> [Suerf On LinkedIn] <https://www.linkedin.com/company/suerf---the-european-money-&-finance-forum> Der Euro hat für uns alle viele Vorteile. Alle Infos zu 20 Jahre Euro-Bargeld unter: http://www.euroat20.at Diese E-Mail kann vertrauliche Informationen enthalten und irrtümlich an Sie gelangt sein. In diesem Fall informieren Sie bitte sofort die Absenderin bzw. den Absender und vernichten Sie diese E-Mail. Das unerlaubte Kopieren sowie die unbefugte Weitergabe dieser Mail oder von Teilen dieser Mail sind nicht gestattet. Informationen gemäß DSGVO zur Verarbeitung personenbezogener Daten durch die OeNB finden Sie unter www.oenb.at/datenschutz<https://www.oenb.at/datenschutz>.

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Forum on Globalization and Industrialization (FGI) 2022
by GODINEZ ESTRADA, Paulina Azucena 18 Nov '22

18 Nov '22

[Interfaz de usuario gr?fica Descripci?n generada autom?ticamente con confianza media] UNIDO alongside the Kiel Institute for the World Economy and the Kiel Centre for Globalization, the German Institute for Global and Area Studies (GIGA), and the German Institute of Development and Sustainability (IDOS), supported by the German Ministry for Economic Cooperation (BMZ) through the Research Network Sustainable Supply Chains invite you to the: Forum on Globalization and Industrialization (FGI) 2022 December 6, 2022, 10:00 am - 05:00 pm (CET) "Sustainable Supply Chains in Times of Multiple Crises" While many firms and countries are benefiting from participation in global supply chains, achieving sustainability, including environmental, social and economic aspects, remains a key challenge. This challenge is amplified by multiple crises that may complicate progress towards sustainability goals because responding to these crises and achieving sustainability are seemingly contradictory. This Forum on Globalization and Industrialization (FGI) 2022 brings together key stakeholders from policy and representatives from the private sector, academia, and civil society to discuss sustainability amidst the energy crisis, changes in the global economic landscape, and heterogeneity in global trade regulation which governs sustainability-related issues. In particular, it will delve into mandatory due diligence regulation and its implications for small- and medium-sized enterprises in supplier countries. If you wish to attend in person at the Vienna International Centre, Vienna, Austria, please fill in the form at the following link: https://airtable.com/shrOw0TREDlDXxmfM - Please consider that in-person registration needs to be sent by November 22th at the latest. If you wish to participate virtually, please register at the following link: https://unido-org.zoom.us/webinar/register/WN_4e9YqqDRQ3q57NEjFuPjsA - Please feel free to share the event registration with your network. For further information on the 2022 Forum on Globalization and Industrialization (FGI) please find attached the Aide Memoire and please consult: https://www.unido.org/FGI We are looking forward to your participation! * Please note that participants will be responsible for their own costs of travel, accommodation, and all other expenses incidental to travel abroad incurred in the home country (e.g., domestic travel, passports, visas, required medical examinations, etc.). *If you wish to hear about future events and the latest updates on industrial analytics, please sign up here: http://eepurl.com/hP6De1 [cid:image002.png@01D8FB60.A3448AC0]

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Offene Stellen Geldpolitik
by Valderrama, Maria Teresa 18 Nov '22

18 Nov '22

Sehr geehrte Damen und Herren! Zur Verstärkung unseres Teams im Referat Geldpolitik (Hauptabteilung Volkswirtschaft) suchen wir zwei Research Assistants und eine:n Ökonom:in. Weiterführende Informationen finden Sie unter: Research Assistant (TZ 50 %, befristet auf 2 Jahre) (oenb.at)<https://karriere.oenb.at/Job/4234> Ökonom:in für Geldpolitik (oenb.at)<https://karriere.oenb.at/Job/4233> Mit freundlichen Grüßen, Dr. Maria Teresa Valderrama Leiterin Referat Geldpolitik Der Euro hat für uns alle viele Vorteile. Alle Infos zu 20 Jahre Euro-Bargeld unter: http://www.euroat20.at Diese E-Mail kann vertrauliche Informationen enthalten und irrtümlich an Sie gelangt sein. In diesem Fall informieren Sie bitte sofort die Absenderin bzw. den Absender und vernichten Sie diese E-Mail. Das unerlaubte Kopieren sowie die unbefugte Weitergabe dieser Mail oder von Teilen dieser Mail sind nicht gestattet. Informationen gemäß DSGVO zur Verarbeitung personenbezogener Daten durch die OeNB finden Sie unter www.oenb.at/datenschutz<https://www.oenb.at/datenschutz>.

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REMINDER: Registration for Wittgenstein Centre Conference 2022 “Population and Climate Change: The Defining Relationship of the 21st Century”, 30 Nov.-2 Dec. 2022
by Schmutz, Petra 18 Nov '22

18 Nov '22

Dear Colleagues, We kindly want to remind you about the Wittgenstein Centre Conference 2022 on “Population and Climate Change: The Defining Relationship of the 21st Century”, taking place in a hybrid format from 30 November to 2 December 20022 in Vienna (Austria) and via zoom. The deadline to register for in-presence participation will end on 21 November 2022. Registration for online-participation will stay open. Please find the agenda and all information on the conference website: https://www.oeaw.ac.at/vid/events/calendar/conferences/wic-2022-population-… With kind regards, Petra Schmutz -------------------------------------------------- Petra Schmutz Vienna Institute of Demography (OeAW), Wittgenstein Centre for Demography and Global Human Capital (IIASA, OeAW, University of Vienna) Postal address: Dr. Ignaz Seipel-Platz 2, 1010 Wien, Österreich | Vienna, Austria New premises: Georg Coch Platz 2, 1010 Wien, Österreich | Vienna, Austria T: +43 1 515 81 7740 conference.VID(a)oeaw.ac.at<mailto:conference.VID@oeaw.ac.at> www.oeaw.ac.at/vid<http://www.oeaw.ac.at/vid> www.wittgensteincentre.org follow us on Twitter @WiCVienna<https://twitter.com/WiCVienna> follow us on YouTube<https://www.youtube.com/c/ViennaInstituteofDemography>

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Ausschreibung Universitätsassistent*in Laufbahnstellen Universität Innsbruck / job offer assistant professor with tenure track option University of Innsbruck
by Dean Faculty of Economics and Statistics 18 Nov '22

18 Nov '22

Sehr geehrte Damen und Herren, bitte finden Sie im Folgenden die Ausschreibungstexte zu zwei Laufbahnstelle an der Fakultät für Volkswirtschaft und Statistik an der Universität Innsbruck mit der Bitte um Veröffentlichung: https://lfuonline.uibk.ac.at/public/karriereportal.details?asg_id_in=13118 und https://lfuonline.uibk.ac.at/public/karriereportal.details?asg_id_in=13119 Bewerbungsfrist: 07. Dezember 2022 Vielen Dank für eine kurze Rückmeldung, ob die Veröffentlichung geklappt hat. Mit herzlichem Dank und besten Grüßen, Judith Courian --------------- Ladies and Gentlemen! We would like to inform you about the opening of two positions as Assistant Professor at the Faculty of Economics and Statistics of the University of Innsbruck and would kindly ask you to publish the job offers. For further information please see the files attached. Deadline: 07 December 2022. Please get back to me, if publishing the job offers worked out. Thank you very much in advance! Best regards, Judith Courian [cid:image001.jpg@01D8FB32.8822FAC0] University of Innsbruck Faculty of Economics and Statistics Univ.-Prof. Dr. Markus Walzl Dean Mag. Dr. Judith Courian Assistant to the Dean Karl-Rahner-Platz 3, 6020 Innsbruck, Austria phone +43 512 507-96136 fax +43 512 507-2840 e-mail Dean-EconStat(a)uibk.ac.at https://www.uibk.ac.at/fakultaeten/volkswirtschaft_und_statistik/index.html…

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CEU seminar: Raffaele Saggio (UBC), Tue 22/11, 11.15am
by Timea Laura Molnar 17 Nov '22

17 Nov '22

Dear all, our next speaker in the CEU in-person economic seminar series is Raffaele Saggio (UBC Vancouver School of Economics). Title of the seminar: "Hours Mismatch". Time and venue: November 22, Tuesday, 11.15am-12.30pm; 51 Quellenstrasse 1100 Wien, room: C322. Speaker's website: https://sites.google.com/site/raffaelesaggio/. Abstract: We characterize work hour constraints in the labor market and quantify welfare gains to workers from moving from their current hours to their optimal hours. There is a firm component to work hours that explains approximately 27% of the overall variability in hours. Contrary to predictions from established models of work hours determination, there is no detectable sorting between in worker preferences for longer hours and employer hour requirements. Using a revealed preference approach, we find that workers are off their labor supply curve, on average. The typical worker has an inelastic labor supply and prefers firms that offer more hours. Workers are willing to trade off 9% of earnings on average to move from their current employer to an employer that offers the ideal hours, at a given wage level. For any inquiries, contact the CEU econ seminar organizer, Timea L. Molnar, at molnartl(a)ceu.edu.

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Reminder: WIC Online Colloquium - Alex Ezeh "The Place of Demography in Global Development Discourse in the 21st Century", November 21st 2022, 15:00-16:00 (CET)
by Simunics, Barbara 17 Nov '22

17 Nov '22

WIC Online Colloquium ********************* Alex Ezeh Dornsife School of Public Health, Drexel University The Place of Demography in Global Development Discourse in the 21st Century Monday, November 21st 2022, 15:00-16:00 (CET) Please register for the presentation until one day before the presentation 10:00 (CET): https://www.oeaw.ac.at/vid/events/wic-colloquium/wic-colloquium-registration Login information will be sent to registered participants shortly before the start of the presentation. Abstract Throughout much of the 2nd half of the 20th Century, demographic concerns were at the core of most discourses on global development. It formed a critical component of the priorities of multilateral and bilateral agencies as well as private foundations. The focus was centered around rapid population growth in poorer countries and support for family planning programs accounted for at least three-quarters of the total support for population-related activities. Demographic tools and methods were applied to understand the complex relationships between population change and development outcomes. By the end of the 20th Century, however, the relevance of demography to global development had virtually disappeared. Yet, today, population change ranks alongside climate crisis and growing inequality as existential threats to our current civilization. In this lecture, I offer some thoughts on what happened to demography and why it remains key to improvements in human wellbeing in both rich and poor countries. About the presenter: Dr. Ezeh is Dornsife Professor of Global Health at the Dornsife School of Public Health, Drexel University. His work focuses on urban health, population change, and models to strengthen knowledge-based institutions. Previously, he served as the founding Executive Director of the African Population and Health Research Center and he initiated and directed the Consortium for Advanced Research Training in Africa. He serves on numerous international and non-profit boards, including the UN High-Level Advisory Board for Economic and Social Affairs, and currently co-chairs a new Lancet Commission on Adolescent Health and Wellbeing. More Information: https://www.oeaw.ac.at/fileadmin/subsites/Institute/VID/PDF/Colloquium/2022…

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MPFS Lecture by Stefan Gerlach on High Inflation - Fate or Failure? Nov. 25
by Schäfer, Guido 17 Nov '22

17 Nov '22

LECTURE SERIES: MONETARY POLICY AND THE FINANCIAL SECTOR (MPFS) You are cordially invited to the following public lecture: *“High inflation: Fate or Failure?“ * /Stefan Gerlach // //Chief Economist, EFG Bank, former Deputy Governor of the Central Bank of Ireland/ Time: Friday, November 25, 2022, 10:00-12:00 a.m. Location: Wirtschaftsuniversität Wien, Welthandelsplatz 1, LC Building, Galerie (ground floor, behind the WU Shop) Would you please register for the event by email (Cornelia.Berger(a)wu.ac.at) Current record-high inflation rates have taken many central bankers by surprise. The broad-based price increases are driven by both supply- and demand-side forces. Disturbances in the global supply chains fuelled by the COVID-19 crisis as well as the weaponizing of energy supplies by Russia on the one side, and pent-up demand after the restart of the economies on the other side drive the strong price increases. Central banks are responding with unprecedented jumps in official interest rates. But are these high inflation rates „fate", the unavoidable consequence of a multitude of unpredictable shocks? Or are they the result of a „failure" of the central banks that ignored the early signs of an inflationary pick-up as „transitory" and then reacted too late? What does this mean for the path of reduction of inflation towards the target values? Stefan Gerlach is Chief Economist at EFG Bank in Zurich. He served as Deputy Governor of the Central Bank of Ireland in 2011-2015. Before that, he was Professor of Monetary Economics and Managing Director of the Institute for Monetary and Financial Stability at Goethe University, Frankfurt. He was also External Member of the Monetary Policy Committee of the Bank of Mauritius and Member of the Monetary Experts Panel of the European Parliament's Committee on Economic and Monetary Affairs. From 2001-2004 he served as Executive Director and Chief Economist at the Hong Kong Monetary Authority. The public lecture is jointly organized by Aurel Schubert, Honorary Professor at WU Vienna and former Director General Statistics, ECB and by Guido Schäfer, Department of Economics, WU Vienna. ------------ Guido Schäfer Department of Economics, WU Vienna Welthandelsplatz 1, 1020 Vienna, Austria Tel.: + 431 31336 4579 Email: Guido.Schaefer(a)wu.ac.at

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Live Stream: Public Lecture: Miles Corak - 17.11.2022 - NOW
by Marschalek, Klaudia 17 Nov '22

17 Nov '22

Dear Colleagues, in case you are not able to attend today's lecture by Miles Corak (more information below), I would like to draw your attention to a Live Stream of the Lecture here: www.ineq.at/corak/live-stream<http://www.ineq.at/corak/live-stream>. Best, Klaudia Marschalek Klaudia Marschalek, BSc. Research Institute Economics of Inequality (INEQ) Administration WU Wirtschaftsuniversität Wien Welthandelsplatz 1 - D3.0.249<https://campus.wu.ac.at/?campus=1&q=Klaudia%20Marschalek> 1020 Vienna (Austria) Telefon : +43(1)31336-6292 E-Mail : klaudia.marschalek(a)wu.ac.at<mailto:klaudia.marschalek@wu.ac.at> Web: www.ineq.at<http://www.ineq.at> Dear Colleagues, since 2015, the Research Institute Economics of Inequality<https://www.wu.ac.at/en/ineq/home/> at WU Vienna has been investigating the extent, causes and consequences of socio-economic inequalities. It offers a platform for multi-disciplinary research on questions of utmost societal relevance and for discussion with students, academics and the public. We are pleased to invite you to the following public event: [cid:image001.jpg@01D8FA77.D1501BD0] Miles Corak (Stone Center on Socio-Economic Inequality, City University of New York) Public Policy for Equality and Opportunity: Evidence-Based and Ethically Grounded November 17, 2022 11.30 am - 1.30 pm Inequality erodes opportunity, and limited opportunity exacerbates inequality. This vicious intergenerational cycle has brought inclusive growth into question, contributed to the rise of populist sentiment, and strained the social contract in many rich countries. The way forward for researchers and policy makers requires not only a clear understanding of the facts about what kind of inequality matters and how it matters, but also an ethical grounding that speaks to the outcomes and opportunities that are important to citizens not only in the here and now, but also in the next generation. Opening Statements: Dr. Wolfgang Petritsch (Austrian Marshall Plan Foundation) & Franziska Disslbacher (Roma Tre & INEQ) Policy Comment to the Lecture: Michael Förster (Guest Professor University of Antwerp & Former Senior Policy Analyst OECD, Inequality) Festsaal 2, Building LC (Library & Learning Center) Campus Vienna University of Economics and Business, Welthandelsplatz 1, 1020 Wien Registration for this event is mandatory and possible here.<https://www.wu.ac.at/ineq/outreach/events/conference-wealth-inequality-inte…> Miles Corak<https://milescorak.com/about/> is full professor of economics with the Graduate Center of the City University of New York<https://www.gc.cuny.edu/> and the Stone Center on Socio-Economic Inequality<https://stonecenter.gc.cuny.edu/> and fellow at numerous research institute, such as the Stanford Center on Poverty and Inequality<http://www.stanford.edu/group/scspi/index.html> (Stanford University) and the Becker Friedman Institute for Research in Economics<http://bfi.uchicago.edu/humcap/networks/mip/>. In 2017, he was the Economist in Residence at Employment and Social Development in Canada, the department of the Canadian federal government responsible for social policy. He is a widely recognized and honoured scholar, well known for his research on intergenerational social mobility and the mechanisms behind the Great Gatsby Curve<https://www.aeaweb.org/articles?id=10.1257/jep.27.3.79>. We would like to thank the Austrian Marshall Plan Foundation, the City of Vienna and the Vienna Chamber of Labour for their funding. This public event is held in conjunction with the Workshop on Wealth Inequality and Social Mobility at WU Vienna<https://www.wu.ac.at/ineq/outreach/events/conference-wealth-inequality-inte…>. In this context, Salvatore Morelli (Roma Tre, CUNY) will give a lecture on "The Growing Role of Wealth, Wealth Inequality, and Inheritance"<https://www.wu.ac.at/ineq/outreach/events/conference-wealth-inequality-inte…> at the Vienna Chamber of Labour on November 18 at 4:00 p.m. We would also like to draw your attention to a workshop introducing the Luxembourg Wealth Study<https://www.lisdatacenter.org/our-data/lws-database/> on November 16. Piotr Paradowski, data expert and Research Associate at the Luxembourg Income Study, will present the cross-nationally harmonized micro dataset on household wealth, and practical aspects of data usage. The data set is especially interesting for students, for whom access is free of charge. More information and registration is available here<https://www.wu.ac.at/ineq/outreach/events/conference-wealth-inequality-inte…>. Kind regards, Klaudia Marschalek Klaudia Marschalek, BSc. Research Institute Economics of Inequality (INEQ) Administration WU Wirtschaftsuniversität Wien Welthandelsplatz 1 - D3.0.249<https://campus.wu.ac.at/?campus=1&q=Klaudia%20Marschalek> 1020 Vienna (Austria) Telefon : +43(1)31336-6292 E-Mail : klaudia.marschalek(a)wu.ac.at<mailto:klaudia.marschalek@wu.ac.at> Web: www.ineq.at<http://www.ineq.at>

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WU Economics Research Seminar, 23.11.2022, 4.30 pm to 6 pm, Alessandra Allocca (University of Munich)
by Oberhofer, Harald 16 Nov '22

16 Nov '22

Dear colleagues, The Department of Economics cordially invites you to the WU Economics Research Seminar on Wednesday, November 23rd, with Alessandra Allocca (University of Munich) on "No Man is an Island": An Empirical Study on Team Formation and Performance Abstract: In many organizations, employees select their projects and teams. Is such a decentralized setting efficient? To answer this question, one needs to understand (i) what drives team formation and (ii) how selection impacts teams' performance. For this purpose, I develop a structural entry model with strategic interactions where heterogeneous agents decide whether to join a project. The decision depends on who else may potentially join, the project quality, and other individual and project characteristics. In turn, this decision affects the probability of project completion. I estimate the model using a novel dataset from Virgo, a Nobel-prize-winning scientific collaboration. I find that (i) selection heavily depends on the pool of teammates whereas projects' quality is of lesser importance, and (ii) heterogeneity in agents' characteristics needs to be accounted for to obtain unbiased estimates of teams' performance. With a counterfactual experiment, I show that moving from a decentralized to a centralized world leads to fewer completed projects. The findings inform policy-makers about teams' organization and performance. Date: Wednesday, November 23rd Time: 4.30 to 6 pm (CET) Location: building D4, ground floor, room D4.0.133 With best regards, Harald Oberhofer --- Univ.-Prof. Dr. Harald Oberhofer Department of Economics WU Vienna University of Economics and Business Phone: +43/1/31336-4984 Email: harald.oberhofer(a)wu.ac.at<mailto:harald.oberhofer@wu.ac.at> Webpage: https://www.wu.ac.at/ie/mitarbeiter/harald-oberhofer/ Austrian Institute of Economic Research (WIFO) Phone: +43/1/7982601-468 Email: harald.oberhofer(a)wifo.ac.at<mailto:harald.oberhofer@wifo.ac.at> Webpage: http://www.wifo.ac.at/harald_oberhofer

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