2018 BOJ-IMES Conference
Central Banking in a Changing World

May 30 - 31, 2018
Institute for Monetary and Economic Studies, Bank of Japan

Summary (English [90KB PDF] / Japanese[411KB PDF])

- Program -

Wednesday, May 30, 2018

9:00 Opening Session
Speaker: Haruhiko Kuroda,
Bank of Japan
(Video/ English[37KB PDF] / Japanese[201KB PDF] )
9:20 Mayekawa Lecture (Video/ English[251KB PDF] / Japanese[570KB PDF])
Chairperson: Masazumi Wakatabe,
Bank of Japan
Lecturer: Raghuram G. Rajan,
University of Chicago
10:30 Coffee Break  
11:00 Session 1: Global Real Rates: A Secular Approach
Chairperson: Nestor A. Espenilla, Jr.,
Bangko Sentral ng Pilipinas
Paper Presenter: Hélène Rey,
London Business School
Discussant: Marianne Nessén,
Sveriges Riksbank
12:05 Lunch  
13:35 Keynote Speech(English [457KB PDF]/ Japanese [765KB PDF])
Chairperson: Shigenori Shiratsuka,
Bank of Japan
Speaker: Athanasios Orphanides,
Massachusetts Institute of Technology
14:25 Session 2: Central Bank Digital Currency and the Future of Monetary Policy
Chairperson: John McDermott,
Reserve Bank of New Zealand
Paper Presenter: Andrew T. Levin,
Dartmouth College
Discussant: Hiroshi Fujiki,
Chuo University
15:30 Coffee Break  
16:00 Session 3: Optimal Trend Inflation(English<DPS> [675KB PDF])
Chairperson: Andréa M. Maechler,
Swiss National Bank
Paper Presenter: Klaus Adam,
University of Mannheim
Discussant: Jan Marc Berk,
De Nederlandsche Bank
17:05    
17:30 Buffet Dinner  

Thursday, May 31, 2018

9:00 Session 4: Missing Wage Inflation? Estimating the Natural Rate of Unemployment in a Nonlinear DSGE Model (English<DPS> [2,675KB PDF])
Chairperson: Oldřich Dědek,
Czech National Bank
Paper Presenter: Ichiro Muto,
Bank of Japan
Discussant: Óscar Arce,
Banco de España
10:05 Coffee Break
10:30 Policy Panel Discussion
Moderator: Kazuo Ueda,
Kyoritsu Women's University and University of Tokyo
Panelists: James Bullard,
Federal Reserve Bank of St. Louis
David Ramsden,
Bank of England
12:10 Adjournment
Lunch (optional)