ECB Forum on Central Banking Sintra 2018

Kalender (Bron: swedeandsour / iStock.com)
swedeandsour / iStock.com
date June 18, 2018 21:00 - June 20, 2018
city Sintra, Portugal
location Penha Longa Hotel, Estrada da Lagoa Azul, Linhó Show location
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

Presentation

(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

Presentation

(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

  • Jim Bullard, President, Federal Reserve Bank of St. Louis
  • Kristin J. Forbes, Professor, Massachusetts Institute of Technology
  • Philip R. Lane, Governor, Central Bank of Ireland
  • 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.

Find out more

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

  • Erica L. Groshen, Visiting Professor, Cornell University
  • Philippe Marcadent, Chief of the Inclusive Labour Markets, Labour Relations and Working Conditions Branch, ILO
  • Tommaso Valletti, Chief Competition Economist, European Commission
  • Klaus F. Zimmermann, President, Global Labor Organization, and Maastricht University

13:00

Lunch

14:30

Policy panel

  • Mario Draghi, President, European Central Bank
  • Haruhiko Kuroda, Governor, Bank of Japan
  • Philip Lowe, Governor, Reserve Bank of Australia
  • 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

+351 21 924 9000

Fax: +351 21 924 9007

info@ecbforum.eu

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

+49 69 1344 7523

+49 174 172 4642

ecb.forum.sintra@ecb.europa.eu


1.

European Central Bank (ECB)

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?

2.

More about...