Money and Labour Workshop

University of Sydney, May 18 - 21, 2009

The workshop will consist of two mini-courses on Money and Labour, which will be taught, respectively, by Professors Stephen Williamson (Washington University in St. Louis) and Richard Rogerson (Arizona State University).

Intended audience: The workshop is intended for academic researchers and graduate students, but will be of interest to policy makers and practitioners in government interested in the theory of money and labour.

Outline of the lectures

Professor Williamson's lectures will focus on current theories of money, credit, and credit market frictions. Topics will include random matching models of money, credit, and banking; money and credit with limited commitment; and monetary policy responses to financial market crises.

Professor Rogerson's lectures will focus on differences in hours of work and unemployment across countries. The lectures will begin by presenting evidence to show that the evolution of these labour market outcomes have displayed dramatic differences across countries. Having established these facts, the lectures will then consider models that have been used to understand these differences, with a focus on using models to quantify the effects of various policies and regulations that affect labour market outcomes.

Lecture notes on Labour (by Prof. Rogerson): Structural Transformation and the Deterioration of European Labor Market Outcomes, Cross Country Differences in Hours of Work: A First Look, Long-Term Changes in Labor Supply and Taxes: Evidence from OECD Countries, 1956-2004, Micro and Macro Labor Supply Elasticities in a Life Cycle Model With Taxes

Workshop details


  • Laura Berger-Thomson, Reserve Bank of Australia
  • Chris Bidner, University of New South Wales
  • Aaron Binns, University of Sydney
  • Gautam Bose, University of New South Wales
  • Debajyoti Chakrabarty, University of Sydney
  • Richard Dutu, Deakin University
  • Jamie Hall, Reserve Bank of Australia
  • Sam Hurley, Treasury
  • Stella Huangfu, University of Sydney
  • Taly I, University of Sydney
  • Benoit Julien, University of New South Wales
  • Timothy Kam, Australian National University
  • David Kim, University of Sydney
  • George Kudrna, University of New South Wales
  • Benjamin Lodewijks, University of Sydney
  • Wenxu Li, University of Sydney
  • May (Shuyun) Li, University of Melbourne
  • Sephorah Mangin, University of Melbourne
  • Mark Melatos, University of Sydney
  • Tuan Kiet Nguyen, University of Sydney
  • Natalia Ponomareva, Macquarie University
  • Ivan Roberts, Reserve Bank of Australia
  • Tim Robinson, Reserve Bank of Australia
  • Aarti Singh, University of Sydney
  • Peter Stemp, Monash University
  • Katrien Stevens, University of Sydney
  • Ruanjai Suwantaradon, Singapore Management University
  • Xueli Tang, Deakin University
  • Allen Tran, Reserve Bank of Australia
  • Ben Wang, Macquarie University
  • Stephen Whelan, University of Sydney
  • Yi Bai Yang, University of Sydney
  • Sam Yu, Macquarie University
  • Haoyu Zhang, University of Sydney


There are a number of accommodation options available close to the venue. Please see the Workshop Accommodation page for more information.

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