Fourteenth Annual Conference Banco Central de Chile

“Fiscal Policy and Macroeconomic Performance”

Thursday October 21st and Friday October 22nd 2010. Santiago, Chile

Following the aggressive fiscal stimulus packages deployed in response to the 2008 global financial crisis, researchers have debated the effectiveness of these measures. Among the questions of interest to central banks include: What is the magnitude of the fiscal multiplier and what determines it? How is the multiplier affected when monetary policy rates reach the zero lower bound? What differentiates fiscal policy in emerging markets? Do the recent scares of sovereign default in certain high-income countries change the way we should think about optimal monetary policy?

During this engaging event, leading academics and policy makers will seek to answer these and other questions related to macroeconomic performance under competing fiscal policies.


Venue:  Grand Hyatt Hotel - Santiago, Chile.

Language: All sessions will be conducted in English, with some speeches presented in Spanish. Real-time translation between English and Spanish will be provided as required.


Program October 21st - 22nd

Program PDF

Comité Organizador:

Luis Felipe Céspedes
Central Bank of Chile

Jordi Galí
CREI, Universitat Pompeu Fabra, and Barcelona GSE

Yan Carrière-Swallow
Central Bank of Chile.
Tel: +56 (2) 388-2671