ECB Forum on Central Banking Sintra 2018 - Main contents
date | June 18, 2018 21:00 - June 20, 2018 |
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city | Sintra, Portugal |
location | Penha Longa Hotel, Estrada da Lagoa Azul, Linhó ![]() |
attending | M. (Mario) Draghi i et al. |
organisation | European Central Bank (ECB) i |
Sintra, Portugal, 18-20 June 2018
Participation is by invitation only.
Programme
All times are local.
Monday, 18 June
18:30
Opening reception and dinner
Opening remarks
Mario Draghi, President, European Central Bank
Dinner hosted by the Executive Board of the European Central Bank
Dinner speech
Monetary policy in a low inflation, low interest rate world
Lawrence H. Summers
Professor and President Emeritus of Harvard University, former US Secretary of the Treasury
Tuesday, 19 June
9:00
Introductory speech
Mario Draghi, President, European Central Bank
9:30
Session 1: Macroeconomics of price and wage-setting
Chair: Peter Praet, Member of the Executive Board, European Central Bank
Slack and cyclically sensitive inflation
James H. Stock, Professor, Harvard University
(with Mark Watson, Professor, Princeton University)
Discussant:
Lucrezia Reichlin, Professor, London Business School
Inflation expectations - a policy tool?
Yuriy Gorodnichenko, Professor, University of California, Berkeley
(with Olivier Coibion, Associate Professor, University of Texas at Austin; Saten Kumar, Associate Professor, Auckland University of Technology; and Mathieu Pedemonte, Graduate Student, University of California, Berkeley)
Discussant:
Ricardo Reis, Professor, London School of Economics
11:30
Coffee break
12:00
Panel: Macroeconomics of price and wage-setting
Chair: Peter Praet, Member of the Executive Board, European Central Bank
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-Jim Bullard, President, Federal Reserve Bank of St. Louis
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-Kristin J. Forbes, Professor, Massachusetts Institute of Technology
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-Philip R. Lane, Governor, Central Bank of Ireland
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-Charles Wyplosz, Professor, Graduate Institute of International and Development Studies, Geneva
13:30
Lunch
18:30
Reception and dinner
Young economists’ poster session
Posters produced by young economists presenting their research will be on display until 13:30 on Wednesday, 20 June.
Participants are invited to talk to the students individually about their research and to rate the posters using the electronic facility provided. Participants’ ratings will serve as input for the selection of the best paper, which will be awarded a prize at the end of the Forum.
Wednesday, 20 June
9:00
Session 2: Microeconomics of price and wage-setting
Chair: Sabine Lautenschläger, Member of the Executive Board and Vice-Chair of the Supervisory Board, European Central Bank
Measuring inflation in the modern economy - a micro price-setting view
Aviv Nevo, Professor, University of Pennsylvania
(with Arlene Wong, Assistant Professor, Princeton University)
Discussant:
Michael Weber, Assistant Professor, University of Chicago
Productivity growth, wage growth and unions
Uta Schönberg, Professor, University College London (UCL)
(with Alice Kügler and Ragnhild Schreiner, both Postdoctoral Research Fellows, CReAM/UCL)
Discussant:
Michael C. Burda, Professor, Humboldt University Berlin
11:00
Coffee break
11:30
Panel: Microeconomics of price and wage-setting
Chair: Benoît Cœuré, Member of the Executive Board, European Central Bank
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-Erica L. Groshen, Visiting Professor, Cornell University
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-Philippe Marcadent, Chief of the Inclusive Labour Markets, Labour Relations and Working Conditions Branch, ILO
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-Tommaso Valletti, Chief Competition Economist, European Commission
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-Klaus F. Zimmermann, President, Global Labor Organization, and Maastricht University
13:00
Lunch
14:30
Policy panel
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-Mario Draghi, President, European Central Bank
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-Haruhiko Kuroda, Governor, Bank of Japan
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-Philip Lowe, Governor, Reserve Bank of Australia
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-Jerome H. Powell, Chairman, Board of Governors of the Federal Reserve System
Moderator: Stephanie Flanders, Bloomberg Economics
16:00
Award ceremony - Young economists’ posters
Closing remarks
Group photo
18:30
Reception and dinner hosted by the Banco de Portugal
This programme may be subject to change without notice.
General information
Conference venue
Penha Longa Hotel
Estrada da Lagoa Azul, Linhó
Sintra, Portugal
Conference room Penha Longa Palace - Coroa I
Fax: +351 21 924 9007
Transfers
A shuttle service from Lisbon airport to the Penha Longa Hotel is offered for participants - further information and the departure schedule will be available from the Forum’s information desk at the airport.
Dress code
Business attire for the dinner on Monday, 18 June
Smart casual attire for all other events
English
Contacts
ECB Forum on Central Banking
Conference organisation office
Nasser Hanafy
Directorate General Communications
European Central Bank
ecb.forum.sintra@ecb.europa.eu
Contents
The European Central Bank (ECB) manages the euro and frames and implements EU economic & monetary policy. Its main aim is to keep prices stable, thereby supporting economic growth and job creation.
What does the ECB do?