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Program

IMF Fiscal Forum
The workshop will have sessions with presentations focused on (i) climate change and fiscal policy, (ii) enhancing the EU fiscal architecture and (iii) rebuilding fiscal buffers. It will conclude with a panel discussion on fiscal policy.
09:15 — 10:00
Check-in and pre-conference coffee
10:00 — 10:05
Introduction by James John, Director IMF Offices in Europe
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James John
10:05 — 10:15
Opening remarks by Pierre Wunsch, governor National Bank of Belgium
Pierre Wunsch picture
Pierre Wunsch
Session I. Climate change and fiscal policy

Moderator: Reinhard Felke, Director DG ECFIN

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Reinhard Felke
10:15 — 10:35
Presentation 1: Fiscal Monitor by Raphael Lam, IMF Fiscal Affairs Dept.
Raphael Lam picture
Raphael Lam
10:35 — 10:55
Presentation 2: Firms' climate investment decisions: Findings from EIB annual surveys by Fotios Kalantzis, European Investment Bank
Fotios Kalantzis picture
Fotios Kalantzis
10:55 — 11:15
Presentation 3: Fiscal Policy for Climate Change by Aurélien Saussay, London School of Economics

with Francois Le Grand, Rennes School of Business, Florian Oswald, Sciences Po and Xavier Ragot, Sciences Po

Aurélien Saussay picture
Aurélien Saussay
11:15 — 11:30
Q&A
11:30 — 11:45
Coffee break
Session II. Enhancing the EU fiscal architecture

Moderator: Debora Revoltella, Chief Economist European Investment Bank

Debora Revoltella picture
Debora Revoltella
11:45 — 12:05
Presentation 1: An EU Climate and Energy Security Facility by Nathaniel Arnold, IMF Offices in Europe

with Asghar Shahmoradi, IMF, Goesta Ljungman, IMF and Alexander Von Hafften, University of Wisconsin

Nathaniel Arnold picture
Nathaniel Arnold
12:05 — 12:25
Presentation 2: On the design of a European Unemployment Insurance System by Ramon Marimon, Universitat Pompeu Fabra

with Arpad Abraham, University of Bristel, João Brogueira de Sousa, Nova Business School and Lukas Mayr, University of Essex

Ramon Marimon picture
Ramon Marimon
12:25 — 12:45
Presentation 3: Is a fiscal union optimal for a monetary union? by Eugenia Gonzalez-Aguado, Toulouse School of Economics

with Rafael Berriel, Stanford University, Patrick J. Kehoe, Stanford University and Elena Pastorino, Stanford University

Eugenia Gonzalez Aguado picture
Eugenia Gonzalez Aguado
12:45 — 13:00
Q&A
13:00 — 14:30
Lunch
Session III. Rebuilding fiscal buffers

Moderator: Xavier Debrun, European Fiscal Board

14:30 — 14:50
Presentation 1: Revenue vs. spending based fiscal consolidation by Massimo Giuliodori, University of Amsterdam

with Roel Beetsma, Amsterdam School of Economics, Oana Fortuna, ECB and Haroon Mumtaz, University of London

Massimo Giuliodori picture
Massimo Giuliodori
14:50 — 15:10
Presentation 2: Are fiscal consolidation episodes helpful for public spending efficiency by António Afonso, ISEG - Lisbon School of Economics and Management, Universidade de Lisboa

with José Alves, ISEG - Lisbon School of Economics and Management, Universidade de Lisboa

António Afonso picture
António Afonso
15:10 — 15:30
Presentation 3: Fiscal Multipliers: A heterogeneous-agent perspective by Tobias Broer, Paris School of Economics

with Per Krusell, Stockholm University and Erik Öberg, Uppsala University

Tobias Broer picture
Tobias Broer
15:30 — 15:45
Q&A
15:45 — 16:15
Coffee break
16:15 — 17:30
Session IV. Panel discussion - Fiscal policy in a warmer and more fragmented world

Moderator: Era Dabla-Norris, Deputy Director IMF Fiscal Affairs Dept.

Panelists:

- Jeromin Zettelmeyer, Director of Bruegel

- Declan Costello, Deputy-Director General DG ECFIN

- Debora Revoltella, Chief Economist EIB

- Harald Waiglein, Director General for Economics and Finance, Austria Ministry of Finance

Era Dabla Norris picture
Era Dabla Norris
Jeromin Zettelmeyer picture
Jeromin Zettelmeyer
Declan Costello picture
Declan Costello
Debora Revoltella picture
Debora Revoltella
Harald Waiglein picture
Harald Waiglein
17:30 — 19:00
Post-conference reception (lobby of auditorium)