Theory and Experiments in Monetary Economics
5 & 6 October 2018
George Mason University
Sponsored by the Interdisciplinary Center of Economic Science at George Mason University and the Journal of Economic Behavior & Organization
While experimental methods are widespread in microeconomics, they are less common in macroeconomics and finance. Experimental methods, however, have important advantages also in these fields. Specifically,
during the recent decades, monetary models have been built on explicit micro foundations leading to well-founded laboratory implementations.
The Interdisciplinary Center for Economic Science (ICES) at George Mason University will host the inaugural conference on Theory and Experiments in Monetary Economics (TEME). Organized by Daniel Houser, Cesar Martinelli and Daniela Puzzello, the TEME conference is sponsored in part by Journal of Economic Behavior & Organization (JEBO), which will also publish a special issue focused on “Theoretical and Experimental Monetary Economics.” In order to encourage the exchange of ideas among participants, the conference will include three keynote addresses and a dozen plenary sessions spread over two days. The purpose of the conference and special issue is to provide a forum to discuss frontier research related to the use of experimental methods in exploring and developing monetary theory and macroeconomic monetary policy.
What is ICES?
The Interdisciplinary Center for Economic Science (ICES) brings together researchers and students interested in using the methods of behavioral and experimental economics to address research questions from a variety of fields. Using both laboratory and field experiments, research at ICES has been conducted in areas including development, finance and political economy. The Center was founded in 2001 by Nobel Laureate Vernon Smith, and has been directed by Daniel Houser since 2009.
George Mason College was founded in 1957. It started in a single building with an enrollment of 17 students. Today, Mason is the largest university in Virginia, including four Virginia campuses and one campus in Songdo, Korea. Mason has grown to more than 34,000 students from 130 countries and all 50 states, and we are one of the most research-intensive universities in the country (categorized as R1 by the Carnegie Classification of Institutions of Higher Education.)