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Fundación Urrutia Elejalde

XIII Summer School on Economics and Philosophy (2010)

Learning from the Great Recession: Failures and New Directions
in Economic Theory and Policy

A summer school organized by the University of the Basque Country and the Urrutia Elejalde Foundation.
San Sebastián, July 14-17 (2009)

Director: Juan J. Dolado (UC3M & CEPR)

Coordinators: Alfonso Dubois (UPV/EHU)

1. Aims and scope:

The 13th edition of the Urrutia Elejalde Summer School focuses on the debate about the main failures behind the current big recession, as well as on the lessons that could be drawn to design potential solutions which improve the working of market economies in the future. In particular, the school aims to discuss failures and new directions related to the working of financial markets, coordination, regulation, mechanism design, pay incentives, public policies, response of policy makers to the crisis, and the state of macroeconomics (with specific reference to equilibrium/disequilibrium, flexible/ rigid adjustment and individualistic/ holistic behaviour). The regular course is structured around central topics each one presented in one or two general talks, followed by specific research papers on subjects related to the topic and by a lively debate.

2. Preliminary list of speakers

Michele Boldrin (University Washington in Saint Louis), Jesús Fernández-Villaverde (U. Pennsylvania), Alan Kirman (GREQAM, U. Marseille), Joseph M. Ostroy (UCLA), John Roemer (Yale University), Juan F. Rubio-Ramirez (Duke University), Gilles Saint-Paul (Toulouse), Rafael Repullo (CEMFI)