Joint CEPR and ECB International Macroeconomics and Finance (IMF) Programme Meeting, Frankfurt am Main - Hoofdinhoud

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  indicates the presenter

Thursday, 14 November 2019

9:00

Registration

First session: Information and bubbles in open economies

9:30

Fast Trading and the Virtue of Entropy: Evidence from the Foreign Exchange Market

Arnaud Mehl*, European Central Bank, joint with Giancarlo Corsetti and Romain Lafarguette

Discussant: Pasquale Della Corte, Imperial College London and CEPR

10:30

Stationary Rational Bubbles in Non-Linear Open Economy DSGE Models

Robert Kollmann*, Université Libre de Bruxelles and CEPR

Discussant: Julien Bengui, Bank of Canada and CEPR

11:30

Coffee break

12:00

Keynote talk

The International Transmission of Monetary Policy

Philip Lane, European Central Bank

13:00

Lunch

Second session: Capital flows

14:00

International Capital Flows and Unconventional Monetary Policy

Stephanie Curcuru*, Federal Reserve Board of Governors, jointly authored with Nathan Converse, Aaron Rosenblum and Chiara Scotti

Discussant: Fernando Broner, CREI and CEPR

15:00

International Financial Flows and Misallocation: Not So Harmful After All

Fadi Hassan*, Banca d’Italia, jointly authored with Federico Cingano

Discussant: Ambrogio Cesa-Bianchi, Bank of England

16:00

Coffee break

Third session: Protectionism

16:30

Capital Controls, Inflows and the Credit Channel

Andrea Fabiani*, Universitat Pompeu Fabra, jointly authored with Martha López Piñeros, José-Luis Peydró and Paul E. Soto

Discussant: Carolina Villegas Sanchez, ESADE and CEPR

17:30

Self-Harming Trade Policy? Protectionism and Production Networks

Matteo Cacciatore*, HEC - Montréal, joint with Alessandro Barattieri

Discussant: Dennis Novy, University of Warwick and CEPR

19:30

Dinner

Friday, 15 November 2019

Forth Session: Financial (dis)integration

9:00

The Inside Baseball of Sudden Stop Models

Jieran Wu*, Zhejiang University, joint with Bingbing Dong and Eric Young

Discussant: Gianluca Benigno, London School of Economics and CEPR

10:00

Monetary Union and Financial Integration

Luca Fornaro*, CREI and CEPR

Discussant: Tommaso Monacelli, Bocconi University and CEPR

11:00

Coffee break

Fifth Session: Exchange rates

11:30

The worst of both worlds: Fiscal policy and fixed exchange rates

Benjamin Born*, Frankfurt School of Finance & Management and CEPR, joint with Francesco D’Ascanio, Gernot J. Müller, Johannes Pfeifer

Discussant: Bartosz Maćkowiak, European Central Bank and CEPR

12:30

Institutional Investors, the Dollar, and US Credit Conditions

Friederike Niepmann*, Board of Governors of the Federal Reserve System and CEPR, jointly authored with Tim Schmidt-Eisenlohr

Discussant: Cedric Tille, Graduate Institute Geneva and CEPR

13:30

Lunch and end of the conference

This programme may be subject to change without notice.

General information

Venue

European Central Bank

Conference area C3.08/09, Grossmarkthalle

Main Building

Sonnemannstrasse 20

60314 Frankfurt am Main

+49 69 1344 0

Fax: +49 69 1344 6000

info@ecb.europa.eu

Sessions

The sessions are structured as follows:

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  author of paper: 35 minutes
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  discussant: 15 minutes
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  questions from the audience: 10 minutes

Organising Committee

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  Philippe Bacchetta, HEC - Université de Lausanne and CEPR
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  Luca Dedola, European Central Bank and CEPR
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  Alberto Martin, European Central Bank, CREI and CEPR
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  Livio Stracca, European Central Bank