Global Research Forum: International macroeconomics and finance, Frankfurt am Main

Frankfurt, Duitsland
© Anton Bussemaker
date November 29, 2018 09:00 - November 30, 2018
city Frankfurt am Main, Germany
location European Central Bank, Sonnemannstr. 20 Show location
organisation European Central Bank (ECB) i

Thursday, 29 and Friday, 30 November 2018, Frankfurt am Main

European Central Bank: Main building, High-rise tower south (HS) C41.01

Programme

Thursday, 29 November 2018

8:30

Registration and breakfast

9:00

Welcome address

Luis de Guindos, Vice-President, European Central Bank

Session 1: Central banks and international bank funding

Chair: Livio Stracca, European Central Bank

9:20

Banking, trade and the making of a dominant currency

Gita Gopinath, International Monetary Fund and Jeremy Stein, Harvard University

Discussant: Cédric Tille, The Graduate Institute, Geneva

10:10

Financial crises, dollarization and lending of last resort in open economies

Guido Lorenzoni, Northwestern University and Luigi Bocola, Stanford University

Discussant: Tommaso Monacelli, Bocconi University

11:00

Coffee break

11:10

Central bank swap lines

Saleem Bahaj, Bank of England and Ricardo Reis, London School of Economics

Discussant: Fabiola Ravazzolo, Federal Reserve Bank of New York

12:00

Breakdown of covered interest parity: mystery or myth?

Alfred Wong and Jiayue Zhang, Hong Kong Monetary Authority

Discussant: Dagfinn Rime, BI Norwegian Business School

12:50

Lunch

Session 2: International capital flows and financial stability

Chair: Paola Donati, European Central Bank

14:00

A model of fickle capital flows and retrenchment

Ricardo Caballero and Alp Simsek, Massachusetts Institute of Technology

Discussant: Signe Krogstrup, International Monetary Fund

14:50

International spillovers and local credit cycles

Şebnem Kalemli-Özcan, University of Maryland, Yusuf Soner Baskaya, Central Bank of Turkey, Julian di Giovanni, Universitat Pompeu Fabra and Mehmet Fatih Ulu, Central Bank of Turkey

Discussant: Ozge Akinci, Federal Reserve Bank of New York

15:40

Coffee break

15:50

International coordination of macro-prudential and monetary policies

Enisse Kharroubi and Giovanni Lombardo, Bank for International Settlements

Discussant: Ester Faia, Goethe University, Frankfurt

16:40

Modeling your stress away

Friederike Niepmann and Viktors Stebunovs, Federal Reserve Board

Discussant: Christoffer Kok, European Central Bank

17:30

Reception

18:30

Dinner (by invitation only)

Friday, 30 November 2018

8:30

Breakfast

Session 3: Rethinking financial stability in domestic and international settings

Chair: Beth Anne Wilson, Federal Reserve Board

9:00

Keynote speech

Luc Laeven, European Central Bank

9:50

Rethinking financial stability

Sujit Kapadia, European Central Bank, David Aikman, Bank of England, Andrew Haldane, Bank of England and Marc Hinterschweiger, Bank of England

Discussant: Charles Goodhart, London School of Economics

10:40

Coffee break

10:55

Global financial cycles and risk premiums

Moritz Schularick, University of Bonn, Òscar Jordà, Federal Reserve Bank of San Francisco, Alan Taylor, University of California and Felix Ward, University of Bonn

Discussant: Mohammad Jahan-Parvar, Federal Reserve Board

11:45

The global financial cycle: structural drivers and transmission channels

Maurizio Habib, European Central Bank and Fabrizio Venditti, Banca d’Italia

Discussant: Anusha Chari, University of North Carolina

12:35

Lunch

13:45

Panel

Moderator: Benoît Cœuré, Member of the Executive Board, European Central Bank

Panellists: Vítor Constâncio, former Vice-President, European Central Bank, Linda Goldberg, Federal Reserve Bank of New York and Gian Maria Milesi-Ferretti, International Monetary Fund, Tara Rice (BlackRock) and Nicolas Véron (Bruegel and at Peterson Institute for International Economics)

14:45

Adjourn

General information

Venue

European Central Bank

Main building, High-rise tower south (HS) C41.01

Sonnemannstrasse 20

60314 Frankfurt am Main

Tel.: +49 (0) 69 1344 0

Fax: +49 (0) 69 1344 6000

Language

English

Transfers

Participants are requested to arrange their own transfers, unless indicated otherwise.

Contacts

2018.grf.conference@ecb.europa.eu

Organisers

  • Ozge Akinci, Federal Reserve Bank of New York
  • Roland Beck, European Central Bank
  • Paola Donati, European Central Bank
  • Linda Goldberg, Federal Reserve Bank of New York
  • John Rogers, Federal Reserve Board
  • Livio Stracca, European Central Bank

This programme may be subject to change without notice.


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...