This workshop features research on: the oil boom and the US economy; oil and fiscal policy; forecasting the real price of oil under volatility; Dutch disease; asset returns; commodity prices; and oil supply shocks.
Anpeng Li discusses a growth model with heterogeneous firms to study the allocative inefficiency in emerging economies.
The speakers discuss findings from the latest World Economic Outlook on wage dynamics in advanced economies.
Carol Graham discusses economic and social inequality in America and the important role of well-being metrics in measuring hope and desperation.
Benjamin Wong discusses a model to empirically study the influence of foreign shocks in driving trend inflation and the inflation gap.
John C Williams discusses why the world needs to prepare for the challenges of slow global growth before the next economic storm hits.
Anil Savio Kavuri discusses how social justice positively influences economic performance.
Wei Jin discusses the problem of optimal growth with resource exhaustibility and pollution externality.
Catherine Mann discusses the key issues raised by OECD’s latest report: the recent upturn in confidence; the disconnection between the financial market and real economic performance; and the need to ensure long-term productivity and inclusiveness.
Forecasting the real price of oil under alternative specifications of constant and time-varying volatility
Beili Zhu discusses how to forecast the real oil price and the relationship between real oil price and macroeconomic performances.