2013 BOJ-IMES Conference:
Financial Crises and the Global Financial System

May 29 - 30, 2013
Institute for Monetary and Economic Studies, Bank of Japan
- Program -

Wednesday, May 29, 2013

9:00 Opening Session
Chairperson: Tomoo Yoshida,
Bank of Japan
Opening Remarks: Haruhiko Kuroda (English [45KB PDF] / Japanese [211KB PDF]),
Bank of Japan
Keynote Speech: Maurice Obstfeld (Paper [223KB PDF]),
University of California at Berkeley
9:50 Session 1: Prudential Capital Controls: Is There a Case for International Coordination?
Chairperson: Daniel G. Sullivan,
Federal Reserve Bank of Chicago
Paper Presenter: Olivier Jeanne,
Johns Hopkins University
Discussant: Eric Santor,
Bank of Canada
10:55 Coffee Break  
11:15 Session 2: Rounding the Corners of the Policy Trilemma (Paper [337KB PDF])
Chairperson: Jan Marc Berk,
De Nederlandsche Bank
Paper Presenter: Jay C. Shambaugh,
George Washington University
Discussant: Keen Meng Choy,
Monetary Authority of Singapore
12:20 Lunch  
13:50 Mayekawa Lecture (Paper [226KB PDF])
Chairperson: Anne Le Lorier,
Banque de France
Lecturer: Guillermo A. Calvo,
Columbia University
15:00 Session 3: Size, Complexity, and Liquidity Management: Evidence from Foreign Banks in the United States
Chairperson: Kazuo Momma,
Bank of Japan
Paper Presenter: Linda S. Goldberg,
Federal Reserve Bank of New York
Discussant: Esa Jokivuolle,
Bank of Finland
16:05 Coffee Break
16:25 Session 4: "Financial Dominance"
Chairperson: Jun Il Kim,
Bank of Korea
Paper Presenter: Markus K. Brunnermeier,
Princeton University
Discussant: Jonathan Willis,
Federal Reserve Bank of Kansas City
18:00 Conference Dinner
Guest Speech: Stanley Fischer,
Bank of Israel

Thursday, May 30, 2013

9:00 Session 5: The International Finance Multiplier in Business Cycle Fluctuations (Paper [565KB PDF])
Chairperson: Anders Vredin,
Sveriges Riksbank
Paper Presenter: Takushi Kurozumi,
Bank of Japan
Discussant: Paul Wood,
Board of Governors of the Federal Reserve System
9:45 Coffee Break
10:05 Policy Panel Discussion
Moderator: Marvin Goodfriend,
Carnegie Mellon University
Panelists:

Claudio Borio,
Bank for International Settlements
James B. Bullard,
Federal Reserve Bank of St. Louis
Ryuzo Miyao,
Bank of Japan
Frank R. Smets,
European Central Bank
José Viñals,
International Monetary Fund

12:35 Adjournment

As of July 23, 2013