Monetary dialogue

Monetary dialogue - 26 November 2018

12-12-2018

    Transcript of the Monetary Dialogue with ECB President
    Topic 1 summary
    Topic 2 summary

Topic 1 - EMU reform and the “new normal” for monetary policy: Challenges and perspectives

      EMU reform and the ‘new normal’ for monetary policy - Christopher A. HARTWELL (CASE-Center for Social and Economic Research)
      Does a single monetary policy need a single fiscal counterpart? - Daniel Gros (CEPS, Center for European Policy Studies)
      A monetary policy framework for the ECB in the age of uncertainty - Grégory CLAEYS, Maria DEMERTZIS, Jan MAZZA (Bruegel)
      EMU reform and the new normal for monetary policy: Challenges and perspectives - Andrew HUGHES HALLETT (Copenhagen Business School)

Topic 2: Monetary policy implications of transitory vs. permanently subdued growth prospects (“secular stagnation”)

      Growth prospects, the natural interest rate, and monetary policy - Salomon FIEDLER, Klaus-Jürgen GERN, Nils JANNSEN (Kiel Institute for the World Economy), Maik WOLTERS (Friedrich Schiller University Jena)
      Monetary Policy in an Era of Low Average Growth Rates - Karl WHELAN (University College Dublin)
      Monetary policy with transitory vs. permanently low growth - Christophe BLOT, Jérôme CREEL, Paul HUBERT (OFCE, Observatoire Français des Conjonctures Économiques and Sciences Po)
      Monetary policy implications of transitory vs. permanently subdued growth prospects (“secular stagnation”) - Eddie GERBA (London School of Economics)

Monetary Dialogue - 24 September 2018

12-10-2018

    Transcript of the Monetary Dialogue with ECB President
    Executive summary of the papers
    Questions by the experts

Topic 1 – Central bank communication at times of non-standard monetary policies

      Central Banks Communications and Monetary Policy - Karl WHELAN (University College Dublin)
      Central Bank Communication at Times of Non-Standard Monetary Policies - Lukasz JANIKOWSKI, Andrzej RZONCA (CASE, Center for Social and Economic Research)
      Central Bank Communication during Normal and Crisis Times - Christophe BLOT, Paul HUBERT (OFCE, Observatoire Français des Conjonctures Économiques and Sciences Po)
      When Communication becomes the Policy - Daniel Gros (CEPS, Centre for European Policy Studies)

Topic 2 - Abundant liquidity and banks’ lending activity: an assessment of the risks

      Negative Interest Rates and the Signalling Channel - Kerstin BERNOTH (Hertie School of Governance, DIW Berlin), Alexander HAAS (DIW Berlin)
      Excess Liquidity and Bank Lending Risks - Zsolt DARVAS, David PICHLER (Bruegel)
      Abundant Liquidity and Bank Lending Activity: an Assessment of the Risks - Andrew HUGHES HALLETT (Copenhagen Business School), Addilyn CHAMS-EDDINE (School of Public Policy, George Mason University, USA)
      Post-crisis Excess Liquidity and Bank Lending - Corrado MACCHIARELLI (Brunel University London & London School of Economics)

Monetary Dialogue – 9 July 2018

20-09-2018

    Transcript of the Monetary Dialogue with ECB President
    Executive summary of the papers
    Questions by the experts

Topic 1 - Virtual currencies and central banks monetary policy: challenges ahead

      Virtual currencies and central banks monetary policy: challenges ahead - Marek Dabrowski, Lukasz Janikowski (CASE, Center for Social and Economic Research)
      Should central banks be concerned about virtual currencies? - Karl WHELAN (University College Dublin)
      Virtual Currencies - Salomon FIEDLER, Klaus-Jürgen GERN, Dennis HERLE, Stefan KOOTHS, Ulrich STOLZENBURG, Lucie STOPPOK (Kiel Institute for the World Economy)
      Cryptocurrencies and monetary policy - Grégory CLAEYS, Maria DEMERTZIS, Konstantinos EFSTATHIOU (Bruegel)
      Virtual Currencies in the Eurosystem: challenges ahead - Rosa María LASTRA (Queen Mary University of London), Jason Grant ALLEN (Humboldt-Universität Berlin)

Topic 2 - ECB non-standard monetary measures, collateral constraints and potential risks for monetary policy

      The effects and risks of ECB collateral framework changes - Christophe BLOT, Jérôme CREEL, Paul HUBERT (OFCE, Observatoire Français des Conjonctures Économiques)
      ECB non-standard monetary measures, collateral constraints and potential risks for monetary policy - Andrew Hughes Hallett (Copenhagen Business School, Frederiksberg, Denmark), Paul Fisher (Kings College London)
      The ECB Collateral Policy Beyond Conventional Monetary Stimulus - Corrado MACCHIARELLI, Mara MONTI (London School of Economics)
      ECB non-standard policies and collateral constraints - Daniel GROS (CEPS, Centre for European Policy Studies)

Monetary Dialogue – 26 February 2018

20-09-2018

    Transcript of the Monetary Dialogue with ECB President
    Executive summaries of the papers
    Questions by the experts

Topic 1 – Interaction between euro-denominated payment systems and ECB monetary policy: challenges ahead for the single currency

      Note on the interactions between payment systems and monetary policy - Francesco PAPADIA (Bruegel)
      Brexit, financial stability and the supervision of clearing systems - Andromachi GEORGOSOULI (Queen Mary University of London)
      The euro-area denominated payment systems and the conduct of monetary policy: Some considerations ahead of Brexit - Corrado MACCHIARELLI, Mara MONTI (London School of Economics)

Topic 2 - An economic recovery with little signs of inflation acceleration: transitory phenomenon or evidence of a structural change?

      Persistent low inflation in the euro area: Mismeasurement rather than a cause for concern? - Daniel GROS (CEPS, Centre for European Policy Studies)
      Why does the recovery show so little inflation? - Christophe BLOT, Jérôme CREEL and Paul HUBERT (OFCE, Observatoire Français des Conjonctures Économiques)
      An economic recovery with little sign of inflation acceleration: A transitory phenomenon or evidence of a structural change? - Andrew HUGHES HALLETT (Copenhagen Business School)
      Economic recovery and inflation - Marek DABROWSKI (CASE, Centre for Social and Economic Research)
      An economic recovery with little signs of inflation acceleration: Transitory phenomenon or evidence of a structural change? - Salomon FIEDLER, Nils JANNSEN, Ulrich STOLZENBURG (Kiel Institute for the World Economy)