2010 International Conference:
Future of Central Banking under Globalization

May 26 - 27, 2010
Institute for Monetary and Economic Studies,
Bank of Japan
- Program -

Wednesday, May 26, 2010

9:00 Opening Session
Chairperson: Kiyohiko G. Nishimura,
Bank of Japan
Opening Remarks:

Masaaki Shirakawa (Remarks: English[PDF]/ Japanese[PDF]),
Bank of Japan

Ben Bernanke(Remarks[PDF]),
Board of Governors of the Federal Reserve System

Coffee Break
Keynote Speech: The Future of Central Banking: A Lesson from United States History (Speech[PDF]/ Slide[PDF])
Chairperson: Charles I. Plosser,
Federal Reserve Bank of Philadelphia
Keynote Speech: Bennett T. McCallum,
Carnegie Mellon University
Session 1: Can Cross-Border Financial Markets Create Good Collateral in a Crisis? (Paper[PDF]/ Slide[PDF])
Chairperson: Charles I. Plosser,
Federal Reserve Bank of Philadelphia
Paper presenter: Makoto Saito,
Hitotsubashi University
Discussant: Maurice Obstfeld (Slide[PDF])
University of California at Berkeley
Discussant: Mark M. Spiegel (Slide[PDF])
Federal Reserve Bank of San Francisco
Lunch
Mayekawa Lecture: Some Alternative Perspectives on Macroeconomic Theory and Some Policy Implications (Lecture[PDF]/ Slide[PDF])
Chairperson: Kazuo Ueda,
University of Tokyo
Lecturer: William R. White,
Organisation for Economic Co-operation and Development
Session 2: Exorbitant Privilege and Exorbitant Duty (Paper[PDF])
Chairperson: Kazuo Ueda,
University of Tokyo
Paper presenter: Pierre-Olivier Gourinchas,
University of California at Berkeley
Discussant: Kosuke Aoki (Slide[PDF])
London School of Economics
Discussant: Karolina Ekholm (Slide[PDF])
Sveriges Riksbank
Coffee Break
Session 3: Banking Globalization and International Business Cycles (Paper[PDF]/ Slide[PDF])
Chairperson: M. R. Chatu Mongol Sonakul,
Bank of Thailand
Paper presenter: Kozo Ueda,
Bank of Japan
Discussant: Christopher J. Waller (Slide[PDF])
Federal Reserve Bank of St. Louis
17:20 Adjournment

Thursday, May 27, 2010

9:00 Session 4: Globalization, Pass-Through and Inflation Dynamic (Paper[PDF]/ Slide[PDF])
Chairperson: Charles L. Evans,
Federal Reserve Bank of Chicago
Paper presenter: Pierpaolo Benigno,
Libera Universita Internazionale Degli Studi Sociali Guido Carli
Discussant: Etsuro Shioji (Slide[PDF])
Hitotsubashi University
Discussant: Mark Wynne (Slide[PDF])
Federal Reserve Bank of Dallas
Session 5: Financial Regulation Going Forward (Paper[PDF]/ Slide[PDF])
Chairperson: Charles L. Evans,
Federal Reserve Bank of Chicago
Paper presenter: Franklin Allen,
University of Pennsylvania
Discussant: Takatoshi Ito (Slide[PDF])
University of Tokyo
Discussant: Ceyla Pazarbasioglu (Slide[PDF])
International Monetary Fund
Coffee Break
Policy Panel Discussion
Moderator: Maurice Obstfeld,
University of California at Berkeley
Panelists: Thomas J. Jordan (Slide[PDF])
Swiss National Bank
Mario Mesquita (Slide[PDF])
Banco Central do Brasil*
Hiroshi Nakaso (Slide[PDF])
Bank of Japan

* Former Deputy Governor for Economic Policy, Banco Central do Brasil
13:05 Adjournment

Please note that attendance is by invitation only.
As of Jun. 7, 2010