IZA/OECD Workshop: Economic Crisis, Rising Unemployment and Policy Responses: What Does It Mean for the Income Distribution?

Monday, February 08:

08:30				Registration
09:00	-	09:15		Welcome Address by John P. Martin (Director of Employment, Labour and Social Affairs, OECD, and IZA)
				Session 1
				Chair: Anthony B. Atkinson (Nuffield College, Oxford)
09:15	-	10:10		Keynote 1 The Impact of Rising Unemployment on Income Distribution in the OECD David G. Blanchflower (Dartmouth College and IZA)
10:10	-	10:45		Richard Berthoud (University of Essex)
				"Patterns of Non-Employment, and of Disadvantage, during a Recession"
				Discussant: Jeffrey Thompson (University of Massachusetts Amherst)
10:45	-	11:15		Coffee Break
				Session 2
				Chair: John P. Martin (OECD and IZA)
11:15	-	11:50		Cathal O'Donoghue (Teagasc Rural Economy Research Centre and IZA)
				"The Impact of the Economic Crisis on Ireland"
				Discussant: Yelena F. Takhtamanova (Federal Reserve Bank of San Francisco)
11:50	-	12:25		Brian Nolan (University College Dublin), Tim Callan (ESRI and IZA), John Walsh (ESRI and IZA)
				"The Economic Crisis, Public Versus Private Sector Pay, and the Income Distribution"
				Discussant: Richard Berthoud (University of Essex)
12:25	-	14:00		Lunch
				Session 3
				Chair: Stefano Scarpetta (OECD and IZA)
14:00	-	14:35		Jeffrey Thompson (University of Massachusetts Amherst), Timothy M. Smeeding (University of Wisconsin, Madison)
				"Recent Trends in Income from Wealth and Income from Labor: Stocks, Flows and More Complete Measures of Well Being"
				Discussant: Rosa M. Fernández (Universidad de Granada)
14:35	-	15:10		Yelena F. Takhtamanova (Federal Reserve Bank of San Francisco), Eva Sierminska (CEPS/INSTEAD)
				"Job flows, Demographics and the Financial Crisis"
				Discussant: Tindara Addabbo (University of Modena and Reggio Emilia)
15:10	-	15:45		Lutz Bellmann (IAB, Nürnberg and IZA), Hans-Dieter Gerner (IAB, Nürnberg)
				"Reversed Roles? Wage Effects of the Current Crisis"
				Discussant: Francesco D'Amuri (Bank of Italy and ISER)
15:45	-	16:15		Coffee Break
				Session 4
				Chair: Olivier Bargain (University College Dublin and IZA)
16:15	-	16:50		Francesco D'Amuri (Bank of Italy and ISER)
				"The Impact of the Current Crisis on the Italian Labour Market"
				Discussant: Francesco Figari (ISER, University of Essex)
16:50	-	17:25		Tindara Addabbo (University of Modena and Reggio Emilia), Fahima Aziz (Hamline University), John Reardon (Hamline University)
				"Income Distribution and the Effect of the Financial Crisis on the Italian and USA Labour Markets"
				Discussant: Hans-Dieter Gerner (IAB, Nürnberg)
17:30				Cocktail Reception
20:00				Workshop Dinner

Tuesday, February 09:

				Session 5
				Chair: Herwig Immervoll (OECD and IZA)
09:00	-	09:55		Keynote 2 Economic Downturn and Stress testing European Welfare Systems Holly Sutherland (ISER), Francesco Figari (ISER), Andrea Salvatori (ISER and IZA)
09:55	-	10:30		Clemens Fuest (University of Oxford and IZA), Andreas Peichl (IZA), Mathias Dolls (University of Cologne and IZA)
				"Automatic Stabilizers and Economic Crisis: US vs. Europe"
				Discussant: Cathal O'Donoghue (Teagasc Rural Economy Research Centre and IZA)
10:30	-	11:00		Coffee Break
				Session 6
				Chair: Holly Sutherland (ISER, University of Essex)
11:00	-	11:35		Nicolas Herault (Melbourne Institute of Applied Economic and Social Research)
				"Sequential Linking of Computable General Equilibrium and Microsimulation Models"
				Discussant: Michael Feil (IAB, Nürnberg)
11:35	-	12:10		Michael Feil (IAB, Nürnberg)
				"How wages and employment might change by the economic crisis"
				Discussant: Nicolas Herault (Melbourne Institute of Applied Economic and Social Research)
12:10	-	13:30		Lunch
				Session 7
				Chair: Cathal O'Donoghue (Teagasc Rural Economy Research Centre and IZA)
13:30	-	14:25		Keynote 3 Consumption and Income Inequality in the U.S.: 1960-2008 Bruce Meyer (University of Chicago), James X. Sullivan (University of Notre Dame)
14:25	-	15:00		Sebastian Siegloch (IZA), Oliver Bargain (University College Dublin and IZA), Herwig Immervoll (OECD and IZA), Andreas Peichl (IZA)
				"Who are the Losers of the Labour-Market Downturn? A Scenario Analysis for Germany"
				Discussant: Tim Callan (ESRI, Dublin and IZA)
15:00	-	15:30		Coffee Break
15:30	-	17:00		Panel Discussion: Chair: Brian Nolan (University College Dublin) Which Boats are Stranded by a Falling Tide? Forward-Looking Income Distribution Scenarios for Informing Policy Responses: Promises and Limits Anthony B. Atkinson (Nuffield College) Tim Callan (ESRI) Holly Sutherland (ISER) Francois Bourguignon (Paris School of Economics)
17:00	-	17:15		Closing Remarks