Navigation Path: Home > Events > Conferences & seminars > Information, Beliefs and Economic Policy - Conference hosted by the Monetary Policy Research and Monetary Policy Strategy Divisions
For each paper, the author has 30 minutes and the discussant 15 minutes, with a further 15 minutes allocated for general discussion.
Organisers:
Iris Bettenhäuser (European Central Bank)
Stephan Fahr (European Central Bank)
Bartosz Maćkowiak (European Central Bank)
Roberto Motto (European Central Bank)
| 8.30 a.m. - 9 a.m. | Registration/Coffee |
| 9 a.m. - 9.15 a.m. |
Introductory remarks José Manuel González-Páramo (Executive Board Member, European Central Bank) |
| SESSION ONE: ECONOMIC POLICY AND BELIEFS | |
| 9.15 a.m. - 10.15 a.m. |
Inflationary sentiments and monetary policy communication paper [2.02 MB] presentation Leonardo Melosi (London Business School) with Francesco Bianchi (Duke University) Discussant: Ernesto Pastén (Banco Central de Chile and Toulouse School of Economics) discussion |
| 10.15 a.m. - 11.15 a.m. |
Optimal disinflation under learning paper presentation Christian Matthes (Universitat Pompeu Fabra) with Timothy Cogley (New York University) and Argia Sbordone (Federal Reserve Bank of New York) Discussant: Galo Nuño Barrau (Banco de España) discussion |
| 11.15 a.m. - 11.35 a.m. | Coffee |
| 11.35 a.m. - 12.35 p.m. |
Monetary/Fiscal policy mix and agents’ beliefs paper presentation Francesco Bianchi (Duke University) with Cosmin Ilut (Duke University) Discussant: Stefano Eusepi (Federal Reserve Bank of New York) discussion |
| 12.40 p.m. - 2 p.m. | Lunch |
| SESSION TWO: EXPECTATION-DRIVEN FLUCTUATIONS | |
| 2 p.m. - 3 p.m. |
Man-bites-dog business cycles paper presentation Kristoffer Nimark (CREI and Universitat Pompeu Fabra) Discussant: Jean-Paul L’Huillier (Einaudi Institute for Economics and Finance) discussion |
| 3 p.m. - 4 p.m. |
Long-run growth expectations and “global imbalances” paper presentation Michael Krause (Deutsche Bundesbank) with Mathias Hoffmann (Deutsche Bundesbank) and Thomas Laubach (Goethe University Frankfurt) Discussant: Franck Portier (Toulouse School of Economics) discussion [1.17 MB] |
| 4 p.m. - 4.30 p.m. | Coffee |
| SESSION THREE: LECTURE | |
| 4.30 p.m. - 6.00 p.m. |
Learning and asset bubbles presentation Albert Marcet (Instituto d’Anàlisi Econòmica) |
| 7.30 p.m. |
Conference dinner Dinner speech Peter Praet (Executive Board Member) |
| 8.45 a.m. - 9.15 a.m. | Registration/Coffee |
| SESSION FOUR: RARE EVENTS AND LEARNING | |
| 9.15 a.m. - 10.15 a.m. |
Inattention to rare events paper presentation Mirko Wiederholt (Northwestern University) with Bartosz Maćkowiak (European Central Bank) Discussant: Alisdair McKay (Boston University) discussion |
| 10.15 a.m. - 11.15 a.m. |
Asset pricing under rational learning about rare disasters paper presentation Christos Koulovatianos (University of Nottingham) with Volker Wieland (Goethe University Frankfurt) Discussant: Philippe Weil (Université Libre de Bruxelles) discussion |
| 11.15 a.m. - 11.35 a.m. | Coffee |
| 11.35 a.m. - 12.35 p.m. |
Learning, information and heterogeneity paper presentation Liam Graham (University College London) Discussant: Eric Young (University of Virginia) discussion |
| 12.40 p.m. - 2 p.m. | Lunch |
| SESSION FIVE: MONETARY POLICY | |
| 2 p.m. - 3 p.m. |
Monetary policy, doubts and asset prices paper presentation Luigi Paciello (Einaudi Institute for Economics and Finance) with Pierpaolo Benigno (LUISS Guido Carli) Discussant: Oreste Tristani (European Central Bank) discussion |
| 3 p.m. - 4 p.m. |
Robustly optimal monetary policy in a microfounded New Keynesian model paper presentation Klaus Adam (Universität Mannheim) with Michael Woodford (Columbia University) Discussant: Riccardo Colacito (University of North Carolina) discussion |
| 4 p.m. | End of conference |
