PROGRAM
Hours are CET (local time in Helsinki is CET+1/EEST)
11:00 Welcoming address
Esa Jokivuolle, Head of Research, Bank of Finland I SUERF
Jakob De Haan, SUERF President I Professor of Political Economy, University of Groningen
11:15 Opening remarks (Speech)
Olli Rehn, Governor of the Bank of Finland
11:45 Session I: “(Un)conventional approaches”
Chair: Juha Kilponen, Head of Monetary Policy and Research, Bank of Finland
Central banks’ objectives, targets, and tools (Presentation)
Klaus Adam, Professor, University of Mannheim, CEPR, CESIfo
Monetary policy and financial stability (Presentation)
Oreste Tristani, Senior Adviser, ECB
Indebted demand and implications for monetary policy (Presentation)
Ludwig Straub, Professor, Harvard University
13:15 Lunch and Poster Session
During lunch break you may follow a Poster Session chaired by Esa Jokivuolle, Head of Research, Bank of Finland and SUERF
Poster Session: Analysing communication to infer policy-makers intentions and preferences
Paper 1: Reading between the Lines: Using Text Analysis to Estimate the Loss Function of the ECB (Presentation)
Maritta Paloviita, Markus Haavio, Pirkka Jalasjoki, Juha Kilponen and Ilona Vänni, Bank of Finland
Paper 2: Who Talks During Monetary Policy Quiet Periods, and Why? Evidence from the European Central Bank"s Governing Council (Presentation)
Phillipp Gnan, WU Vienna, Institute for Finance, Banking and Insurance
Kilian Rieder, Österreichische Nationalbank
14:15 Session II: “Central banks in a changing world”
Chair: Ernest Gnan, Head of Economic Analysis Division, OENB and SUERF
Central banks and climate change (Presentation)
Anna Breman, Deputy Governor, Sveriges Riksbank
Monetary policy and inequality (Presentation)
Fiorella De Fiore, Head of Monetary Policy, BIS
Policy interactions between monetary and fiscal policies (Presentation)
Leonardo Melosi, Senior Economist, Economic Advisor, Federal Reserve Bank of Chicago
15:45 Coffee break
16:00 Session III Panel: “Experiences from central banks’ strategy reviews”
Moderator: Tuomas Välimäki, Member of the Board, Bank of Finland
Philip Lane, Member of the Executive Board, ECB
Andrew Levin, Professor of Economics, Dartmouth College
Patricia C. Mosser, Director, Columbia University
17:15 End
Program Committee
Fabian Eser, Counsellor to the Executive Board, ECB and SUERF
Ernest Gnan, Head of Economic Analysis Division, OENB and SUERF
Esa Jokivuolle, Head of Research, Bank of Finland and SUERF
Juha Kilponen, Head of Monetary Policy and Research, Bank of Finland
Christian Upper, Head of Macroeconomic Analysis, Monetary and Economic Department, BIS and SUERF