Bank of Finland and CEPR Joint Conference on Monetary Policy in Times of Large Shocks

In addition to contributed papers, the program will feature presentations by invited speakers Greg Kaplan (University of Chicago), Jennifer La’O (Columbia University and CEPR), Kurt Mitman (IIES and CEPR), Antonella Trigari (Bocconi University and CEPR), and a policy keynote by Governor Olli Rehn (Bank of Finland).

In the aftermath of the pandemic and in the face of recent geopolitical shocks we have entered a period of high inflation and vulnerable growth in many regions, creating new (and old) challenges to monetary policy. This episode was preceded by a sustained period of low inflation and low policy interest rates, during which debt levels kept rising. The new environment has brought to the fore important questions about understanding and modelling inflation, its drivers and dynamics, the monetary-fiscal interactions, and even monetary policy strategies that the leading central banks had only recently reviewed. The conference will bring together top researchers from academia, central banks, and other policy institutions to present research findings related to monetary economics, including the current trends. Some of the topics of interest include, but are not limited to:

• Monetary Policy, Large Shocks, and Uncertainty
• Monetary Policy Strategies Revisited
• Monetary Policy and the Labour Market
• Monetary-Fiscal Nexus and High Sovereign Debt
• Monetary Policy and Financial Stability
• Inflation expectations and Uncertainty
  
  

The conference program can be found from the conference page.