EconPol Europe Annual Conference 2021

Maithreyi Seetharaman to host EconPol Europe's Annual Conference 2021
| EconPol Annual Conference

Maithreyi Seetharaman to host EconPol Europe's Annual Conference 2021

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| EconPol Annual Conference

EconPol Annual Conference 2021| The State of Fiscal Resilience – How Prepared is Europe for Future Crises?| 13 - 14 October

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| Policy Brief

Who Will Pay Amount A?

The State of Fiscal Resilience – How Prepared is Europe for Future Crises?

13-14 October

online event

The European Union’s recovery plan has been adopted in response to the coronavirus crisis. It is a game changer in terms of European economic policy integration: NextGenerationEU is larger than any other stimulus package passed by the EU in previous crises. Together with the EU’s long-term budget a total of EUR 1.8 trillion will be spent to boost and modernize Europe’s economy with major priorities set in the areas of digitalization and climate change. The recovery package will also be financed by commonly issued debt. Finding the right balance between expansionary fiscal policy and budgetary discipline will be a key challenge in the upcoming years. 

While the European recovery fund sets new precedents, it is only a temporary instrument. What lessons can the EU take away? Is Europe’s fiscal framework prepared for other future crises? This question will be at the heart of our EconPol Europe Annual Conference 2021 which – for the fifth time – will bring together our expert network members from across Europe with politicians, policymakers, and researchers. A decision on whether to meet in person in Brussels or online will be made in the course of the summer.

Clemens Fuest, President of ifo Institute, will open and close the conference. 

Our topic in the panel discussion on day one is “Fiscal Policy for the Post-Covid Era – US vs. EU”. Our panelists will shed light on different policy answers to the coronavirus crisis. While the EU’s fiscal policy response is unprecedented, the US has been implementing a much larger fiscal stimulus package. Should the EU have stepped up its fiscal response? Or does the US’s expansive relief package bear higher risks, such as hyperinflation? Another key question concerns whether the money allocated to EU member states will be spent efficiently to finance growth-enhancing reforms. Panelists confirmed so far are Olivier Blanchard (MIT), Debora Revoltella (European Investment Bank), Claudia Sahm (Jain Family Institute) and Maarten Verwey (European Commission). Details on further speakers will follow. The discussion will be moderated by Maithreyi Seetharaman (Facultas Media).

Day two of our conference will have an academic focus. We will host several conference sessions where researchers from the EconPol Europe network will present their latest research and discuss it with experts from national and European institutions and the private sector. Topics include Economic Growth and Climate Change, International Taxation and other current research from the EconPol network. Further details on these panels can be seen in our program below.

Watch this space for the latest news on our conference.

Program

13 October 2021, hosted by Maithreyi Seetharaman

12:45 Welcome from Maithreyi Seetharaman
12:50 Welcome address, Clemens Fuest (President ifo Institute, EconPol Europe)
13:00 Keynote speech: The State of Fiscal Resilience - How Prepared is Europe for Future Crises? 
14:00 Break
14:15

Panel Discussion: Fiscal Policy for the Post-Covid Era - US vs. EU

Olivier Blanchard (Senior Fellow at the Peterson Institute for International Economics)

Debora Revoltella (Director of the Economics Department, EIB)

Claudia Sahm (Senior Fellow, Jain Family Institute)

Maarten Verwey (Director-General DG ECFIN at the European Commission)

15:30 Break
16:00

Plenary Session: Governance and Macroeconomic Policy in the European Monetary Union

Daniel Gros (CEPS & EconPol Europe): Title to be advised

Alexandre Ounnas (CEPS): “Labor Market Responses to the Covid-19 Crisis in the United States and Europe” (with Daniel Gros)

Beau Soederhuizen (CPB): “Optimal Capital Ratios for Banks in the Euro Area” (with Bert Kramer, Gerrit Hugo Van Heuvelen and Rob Luginbuhl)

Klaus Weyerstrass (IHS & EconPol Europe): “Fiscal Policies in the Corona Crisis – a Macroeconomic Assessment”

17:30 Closing remarks from Maithreyi Seetharaman

14 October 2021, Academic Sessions

09:00 Welcome from Clemens Fuest
09:10

Panel 1 - Attitudes and Perceptions

Sebastian Blesse (ZEW): “Attitudes Towards Science When Its Results (Don’t) Confirm People’s Priors” (with Philipp Lergetporer)

Dirk Foremny (Universidad de Barcelona): “Living at the Peak: Health and Public Finance during the Covid-19 Pandemic” (with Pilar Sorribas-Navarro, Judit Vall Castelló)

Lisa Windsteiger (Max Planck Institute): “Attitudes Towards Private and Public Debt” (with Cevat Aksoy, Mathias Dolls and Andreas Peichl)

10:40

Break

11:00

Panel 2 – International Taxation: Pillar 1 - Introduction of the Destination Principle

Chair: Martin Simmler (Oxford University Centre for Business Taxation & EconPol Europe)

Richard Collier (University of Oxford): “Comparing proposals to tax some profit in the market country” (with Michael Devereux and John Vella)

Marko Koethenburger (ETH Zurich): “Taxation of digital platforms”

Florian Neumeier (ifo Institute): “Impact of Pillar 1 on tax revenues in Germany” (with Clemens Fuest, Felix Hugger and Daniel Stoehler)

Following their presentations the researchers will engage in a panel discussion with Giorgia Maffini (PwC) and Bert Zuijdendorp (Head of Company Taxation Initiatives Unit at European Commission)

12:30 Lunch Break 
13:30

Panel 3 – International Taxation: Pillar 2 - The End of the Race to the Bottom?

Chair: John Vella (Oxford University)

Irem Guceri (Oxford University): “Investing in tax avoidance after Pillar 2”

Tibor Hanappi (OECD): “OECD’s economic impact assessment of Pillar 2”

Martin Simmler (Oxford University): “Tax competition and the location of real activity”

Following their presentations the researchers will engage in a panel discussion with Danny McCoy (CEO IBEC)

15:00 Break
15:30

Panel 4 – Public Policy for a Green Transition

Antonia Díaz (Universidad Carlos III de Madrid): “CO2 Emissions and Energy Technologies in Western Europe” (with J. Barrera-Santana, Gustavo A. Marrero and Luis A. Puch)

Marita Laukkanen (VATT): Title to be advised

Ted Loch-Temzelides (Rice University): “Scrapping, Renewable Technology Adoption, and Growth” (with Bernardino Adao and Borghan Narajabad)

17:00 Closing remarks from Clemens Fuest
17:15 Conference Ends

This program is preliminary and subject to change

Biographies

Richard Collier

Richard Collier

Associate Fellow, Centre for Business Taxation, Oxford University
Program:

14 October

Panel 2 – International Taxation: Pillar 1 - Introduction of the Destination Principle

Olivier Blanchard

Olivier Blanchard

Senior Fellow, Peterson Institute for International Economics
Program:

13 October

Panel Discussion: Fiscal Policy for the Post-Covid Era: US versus Europe

Sebastian Blesse

Sebastian Blesse

Researcher, Department of Corporate Taxation and Public Finance, ZEW Mannheim
Program:

14 October

Panel 1: Attitudes and Perceptions

Antonia Díaz

Antonia Díaz

Professor of Economics, Carlos III University of Madrid
Program:

14 October

Panel 4: Public Policy for a Green Transition

Dirk Foremny

Dirk Foremny

Associate Professor, School of Economics, University of Barcelona
Program:

14 October

Panel 1: Attitudes and Perceptions

Clemens Fuest

Clemens Fuest

President, ifo Institute
Program:

Welcome address, 13 October

Welcome and Closing remarks, 14 October

 

Daniel Gros

Daniel Gros

Member of the Board and Distinguished Fellow, CEPS
Program:

13 October

Plenary Session: Governance and Macroeconomic Policy in the European Monetary Union

İrem Güçeri

İrem Güçeri

Associate Professor of Economics and Public Policy, Blavatnik School of Government, Oxford University
Program:

14 October

Panel 3 – International Taxation: Pillar 2 - The End of the Race to the Bottom?

Marko Köthenbürger

Marko Köthenbürger

Professor of Public Economics, ETH Zurich
Program:

14 October

Panel 2 – International Taxation: Pillar 1 - Introduction of the Destination Principle

Marita Laukkanen

Marita Laukkanen

Research Leader, Environmental, energy and climate policy, VATT Institute for Economic Research
Program:

14 October

Panel 4 – Public Policy for a Green Transition

Ted Loch-Temzelides

Ted Loch-Temzelides

Professor Sustainable Development, Department of Economics, Rice University
Program:

14 October

Panel 4: Public Policy for a Green Transition

Danny McCoy

Danny McCoy

CEO IBEC
Program:

14 October

Panel 3 – International Taxation: Pillar 2 - The End of the Race to the Bottom?

Florian Neumeier

Florian Neumeier

Head of the Research Group Taxation and Fiscal Policy, ifo Institute
Program:

14 October

Panel 2 – International Taxation: Pillar 1 - Introduction of the Destination Principle

Debora Revoltella

Debora Revoltella

Director of the Economics Department, EIB
Program:

13 October

Panel Discussion: Fiscal Policy for the Post-Covid Era: US versus Europe

Claudia Sahm

Claudia Sahm

Senior Fellow, Jain Family Institute
Program:

13 October

Panel Discussion: Fiscal Policy for the Post-Covid Era: US versus Europe

Maithreyi Seetharaman

Maithreyi Seetharaman

Journalist and Broadcaster
Program:

Host, 13 October

 

Martin Simmler

Martin Simmler

Research Fellow, Centre for Business Taxation, Oxford University
Program:

14 October

Panel 2 – International Taxation: Pillar 1
Panel 3 – International Taxation: Pillar 2

 

Beau Soederhuizen

Beau Soederhuizen

Economist, Division Macro-Finance, CPB Netherlands Bureau for Economic Policy Analysis
Program:

13 October

Plenary Session: Governance and Macroeconomic Policy in the European Monetary Union

John Vella

John Vella

Professor of Law, University of Oxford
Program:

14 October

Panel 3 – International Taxation: Pillar 2 - The End of the Race to the Bottom?

Maarten Verwey

Maarten Verwey

Director-General DG Economic and Financial Affairs, European Commission
Program:

13 October

Panel Discussion: Fiscal Policy for the Post-Covid Era: US versus Europe
 

Klaus Weyerstras

Klaus Weyerstrass

Senior Researcher, Institute for Advanced Studies, Vienna
Program:

13 October

Plenary Session: Governance and Macroeconomic Policy in the European Monetary Union

Lisa Windsteiger

Lisa Windsteiger

Senior Research Fellow, Max Planck Institute for Tax Law and Public Finance
Program:

14 October

Panel 1: Attitudes and Perceptions

Bert Zuijdendorp

Bert Zuijdendorp

Head of Unit Company Taxation Initiatives, European Commission
Program:

14 October 

Panel 2 - International Taxation: Pillar 1 - Introduction of the Destination Principle

Conference Resources

power plant with smoking chimney
| Working Paper

CO2 Emissions and Energy Technologies in Western Europe