Novel approaches in the macroeconomic analysis of stabilisation policy will be discussed at an ADEMU conference in London on 19-20 May. Hosted by University College London, the conference is organized in collaboration with the Centre for Macroeconomics, the European Research Council, and the Centre for Economic Policy Research.

Until recently, much of macroeconomic analysis of stabilisation policy has built on the representative agent paradigm. A new emerging literature has taken a novel approach, introducing concerns about household heterogeneity, inequality, redistributive effects and lack of insurance against idiosyncratic income fluctuations into models of macroeconomic stabilisation.

This new generation of models has novel implications for the investigation of aggregate fluctuations and of the transmission of stabilisation policy to the real econom. This conference will discuss and present such new developments in the field of macroeconomics.

See the full programme and register. Registration closes on 10 May.

Check the directions to get to the venue of the conference: