Dr Jan Libich
Senior Lecturer
School of
Economics and Finance,
La Trobe University
Melbourne, Victoria 3085, Australia
Phone: +61 3 9479 2754, Fax: +61 3 9479
1654, Email:
j.libich(at)latrobe.edu.au
Other Affiliations:
-Research Associate,
Centre for Applied
Macroeconomic Analysis, Australian National University, Canberra
(research program: Macroeconomic Policy Frameworks)
-Member, ARC
Economic
Design Network, Economic Society of Australia,
American Economic
Association
Research Interests:
Monetary Theory and Policy, Fiscal Theory and Policy, Game
Theory, Institutional Economics, Political Economy, Time Scales Calculus
Visiting
Institutions:
-George
Mason University (Jan 2008, and Sep 2008)
-University
of Graz (June 2008) -University
of West Bohemia (July-Dec 2008)
-University of New South Wales (Oct/Nov 2007)
-CAMA (Aug 2007)
-Czech
National Bank (July 2006)
Education:
PhD (Economics)
University of New South Wales, Sydney
MCom(hons) (Finance) & BCom (Commerce)
VSE Prague, Czech Republic
Teaching:
-ECO3CBP
Central Banks and Monetary Policy (third year, enrolment 40,
see teaching evaluations)
-ECO1IMA
Macroeconomics (first year, enrolment 450,
see teaching evaluations)
-ECO2MAT Macroeconomic Theory (second year, enrolment 315)
-ECO2MEC
Managerial Economics (2005-2006, second year, enrolment 140)
Other
Responsibilities:
-Co-convener:
12th Australasian Macroeconomics
Workshop, Apr 2007, La Trobe
-Co-organizer:
CEPET Workshop in Economic Theory 2007, June 2007, Udine, Italy
-Coordinator:
Departmental Workshop, from Jan 2007
-Coordinator
of international and regional campuses for ECO1IMA and ECO2MEC
-Member: Human Ethics Committee, 2005-2007
Academic Papers:
-Libich,
J.
and Stehlík, P. (2010), ‘Incorporating
Rigidity in the Timing Structure of Macroeconomic Games’,
Economic Modelling, Elsevier, 27, 767-781
-Libich,
J. (2009), ‘A Note on the Anchoring Effect of Explicit Inflation Targets’,
Macroeconomic
Dynamics, Cambridge University
Press, Volume 13(5)
-Hughes Hallett,
A., Libich, J., and Stehlík P. (2009), 'Rogoff Revisited: The Conservative
Central Banker Proposition Under Active Fiscal Policies',
Economics Letters,
Elsevier, Volume 104(4), pp 140-143
-Libich,
J. (2008),
‘An Explicit Inflation Target as a Commitment Device’,
Journal
of Macroeconomics,
Elsevier, Volume 30(1), pp43-68
-Hughes
Hallett, A.
and Libich, J.
(2007),
‘Fiscal-Monetary
Interactions: The Effect of Fiscal Restraint and Public Monitoring on
Central Bank Credibility,
Open Economies Review, Springer,
Volume 18(5), pp559-576
Policy
Papers and Special Issues:
-Libich, J., Stehlik, Petr, and Savage, J. (2010), ‘Fiscal Neglect in a
Monetary Union’, forthcoming in Economic Papers
-Libich, J. and Savage, J. (2010), ‘Tethering the Fiscal
Sow: Monetary Policy that Keeps Pork in the Sty’, forthcoming in
Policy
-Harding,
D. and Libich, J. (2010) ‘Froth and Bubble: The
Inconsistency of Paul Krugman's Macroeconomic Analysis’,
Agenda, 17(1)
-Libich,
J. and Stehlík, P. (2008),
‘Macroeconomic Games on
Time Scales’,
Dynamic Systems and Applications, Volume 5,
pp274-278
-Libich, J. (2006),
‘Should
Monetary Policy Be Transparent?’,
Policy
22:1, pp28-34
Submitted Papers:
-Lenten, L.,
Libich, J. and Stehlík, P.
(2010),
'Penalties Before or After Extra-Time? An
Empirical Assessment of Footballers’ Incentives'
-see
here for a press release
and
here for a discussion on the SBS blog
-Libich, J. and Stehlík, P. (2010),
‘Monetary Policy Facing
Fiscal Indiscipline Under Generalized Timing of Actions’ (previously
circulated as Fiscal Rigidity in a Monetary Union: The Calvo Timing and
Beyond’, CAMA WP 22/2008)
-Libich, J. and Stehlík P.
(2010), ‘Endogenous Monetary
Commitment’, CAMA WP 1/2009
-Libich, J. (2010),
‘Inflation
Nutters? Modelling the Flexibility of Inflation Targeting’
(a larger part of ‘Inflexibility of Inflation Targeting Revisited: Modelling
the Anchoring Effect’, CAMA WP 2/2006)
-Basov, S., Libich,
J. and Stehlík, P. (2010), 'Stochastic
Timing and Equilibrium Selection'
-Hughes Hallett,
A., Libich, J., and Stehlík P. (2010),
‘Macroprudential Policies and Financial
Stability’,
CAMA WP 14/2009
-Hughes Hallett, A.,
Libich, J., and Stehlík P. (2010), ‘Welfare Improving Coordination of Fiscal and Monetary Policy’, CAMA WP
4/2008
-Hughes
Hallett, A.,
Libich, J., and
Stehlík, P. (2010),
'Monetary and Fiscal
Policy Interaction With Various Degrees and Types of Commitment’,
CEPR
DP6586 & CAMA
WP 21/2007
-see a discussion
in a newsletter by
Michael Knox, Chief Economist of ABN AMRO Morgans
(pdf)
-Hughes
Hallett, A.
and Libich, J.
(2010),
‘Explicit Inflation Targets, Communication,
And Central Bank Independence: Friends or Foes?' (a significantly
revised version of ‘Central
Bank Independence, Accountability, and Transparency: Complements or
Strategic Substitutes?,
CEPR DP5470)
Research Papers (In
Progress):
-Franta,
M., Libich, J. and Stehlík, P. (2010), ‘Can
Monetary Commitment Discipline Fiscal Policy:
Evidence from an
Estimated DSGE Model’
-Libich, J. (2009), ‘Rational
Inattention and Endogenously Sticky Expectations’
Presentations
(Conferences and Workshops):
-Recent Developments in Macroeconomics
(Jun 2010,
Mannheim, Germany)
-Causes and
Consequences of the 2008 International Crisis (Jun 2010,
Rome, Italy)
-The Economics and Psychology of Football (May 2010,
London, UK)
-15th
Australasian Macroeconomics Workshop (Apr 2010, RBNZ, VUW,
New Zealand)
-22nd Australasian Finance and Banking
Conference (Dec 2009,
UNSW, Sydney)
-Financial Crisis: Institutions
and Policies (Nov 2009,
Mendel University, Brno)
-38th
Australian Conference of Economists (forthcoming Sep 2009, University of
Adelaide)
-Workshop on Economic Dynamics (Aug 2009, Deakin University)
-Sydney-Melbourne Conference on
Macro Theory (May 2009,
University of Sydney)
-14th
Australasian Macroeconomics Workshop (Apr 2009,
Deakin University)
-27th
Australasian Economic Theory Workshop (Feb 2009,
Massey University,
Auckland)
-5th Biennial Conference of Czech Economic Society (Nov 2008,
University of Economics,
Prague)
-13th Australasian Macroeconomics Workshop (Mar 2008, University
of Sydney)
-American
Economic Association meeting (Jan 2008, New Orleans, US)
-36th
Australian Conference of Economists, (Sep 2007, University of Tasmania)
-Fiscal
Policy Frameworks: Roles, Evolution, and Modelling (Aug 2007,
Sydney, CAMA)
-Central
European Program in Economic Theory Workshop (June 2007, Udine,
Italy)
-12th
Australasian Macroeconomics Workshop (April 2007, La Trobe)
-25th
Australasian Economic Theory Workshop (Feb 2007, ANU)
-35th
Australian Conference of Economists, (Sep 2006, Curtin University, Perth)
-11th
Australasian Macroeconomics Workshop (April 2006, RBA and CAER, UNSW)
-24th
Australasian Economic Theory Workshop (Feb 2006, CAER, UNSW)
-Advanced
Liberty & Society Conference (Sep 2005, Centre for Independent Studies)
-34th
Australian Conference of Economists (Sep 2005, University of Melbourne,
EcoSoc of Australia)
-Summer
School on Monetary Theory and Policy (July 2005, ZEI, Bonn, Germany)
-10th
Australasian Macroeconomics Workshop (Mar 2005, University of Melbourne)
-23rd
Australasian Economic Theory Workshop (Feb 2005, University of Auckland, New
Zealand)
-PhD
Conference in Economics and Business (Nov 2004,
ANU)
-33rd
Australian Conference of Economists (Sep 2004, University of Sydney, EcoSoc
of Australia)
-1st
Meeting of the Study Group on Monetary Policy in Selected CIS Countries
(July 2004, United Nations University,
Kiel Inst. for World Economics
and UACES, Bruges, Belgium)
Presentations (Invited Seminars):
- European
Central Bank (Jun 2010) -Charles
University (Nov 2009)
-Czech National Bank (Jan
2009) -London School of Economics (Sept 2008) -International Monetary Fund
(Sept 2008) -Cerge-EI (Sept 2008) -George Mason University (Sep 2008)
-Austrian National Bank (June 2008) -University of Graz (June 2008)
-UNSW
(October 2007)
-University of Adelaide
(March 2007)
-Deakin
(August 2006)
-Dutch
National Bank (July 2006)
-Czech
National Bank (July 2006)
-Koblenz
Business School (July 2006)
-Munich
University (June 2006)
-Deutsche
Bundesbank (June 2006)
-Dortmund
(June 2006)
-Reserve
Bank of New Zealand (Nov 2005)
-Victoria
University of Wellington (Nov 2005)
-University
of Queensland (Sept 2005)
-Bayreuth
University, Germany (June 2005)
-Reserve
Bank of Australia (Feb 2005)
Refereeing:
-European
Economic Review -International
Review of Economics and Finance
-
Journal of Economic Surveys
-Australian
Economic Review
-Emerging Markets
Finance and Trade
-Journal of
Macroeconomics -Journal
of Economic Surveys
-Open
Economies Review -Oxford Economics Papers
-Economic
Record -Economics Papers
-Scottish
Journal of Political Economy
-International
Journal of Central Banking -Economic Modelling - Sustainability Accounting,
Management and Policy Journal -Policy
-CERGE-EI
(PhD thesis)
Grants and Awards:
-Winner,
Lecturer of the Year (for La Trobe University)
Organized by UniJobs and based on students' nominations,
details are here
-Australian
Research Council Discovery Grant (2008-2010)
Monetary-fiscal policy interactions and their effect on economic
performance: new theory, empirics, and an application to Australia ($134,000, Partner investigators:
Andrew Hughes Hallett, Petr Stehlík)
-Faculty
of Law and Management Large Research Grant (2009-2010)
Developing a toolkit of indicators and macroeconomic models ($70,000, with
Don Harding, Shawn Leu, Heidi Ryoo, and Buly Cardak)
-Faculty
of Law and Management Competitive Research Grants (since
June 2006)
Three grants of $5,000 each
-Winner,
Dean’s Award for Service (May 2005)
‘For substantial and significant voluntary contribution to the development
of the Faculty of Commerce and Economics’, UNSW
-International
Postgraduate Research Scholarship (IPRS, 2002-2005)
Commonwealth
Government of Australia
-University
Postgraduate Research Scholarship (UPRS, 2002-2005)
University of New South Wales
-Monthly
Stipends for Outstanding Academic Results (1994-1995)
VSE Prague
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