2019 BOJ-IMES Conference
Central Bank Design under a Continued Low Inflation and Interest Rate Environment
May 29 - 30, 2019
Institute for Monetary and Economic Studies, Bank of Japan
Summary (English [99KB PDF] /
Japanese[409KB PDF])
- Program -
Wednesday, May 29, 2019
9:00 | Opening Remarks
(Video / English[49KB PDF] / Japanese[225KB PDF] |
|
Speaker: | Haruhiko Kuroda,Bank of Japan | |
9:20 | Mayekawa Lecture
(Video) / English[111KB PDF] / Japanese[461KB PDF]) |
|
Chairperson: | Kazuo Ueda, Kyoritsu Women's University and University of Tokyo | |
Lecturer: | Jean-Claude Trichet, Former President of the European Central Bank | |
10:30 | Coffee Break | |
11:00 | Session 1: Exchange Rate Misalignment, Capital Flows and Optimal Monetary Policy Trade-offs
(English<DPS> [1,029KB PDF]) | |
Chairperson: | Maria Almasara Cyd N. Tuano-Amador, Bangko Sentral ng Pilipinas | |
Paper Presenter: | Giancarlo Corsetti, University of Cambridge | |
Discussant: | Paolo Pesenti, Federal Reserve Bank of New York | |
12:05 | Lunch | |
13:35 | Keynote Speech
(Video) / English[876KB PDF] / Japanese[1,236KB PDF] |
|
Chairperson: | Adam Glapiński, Narodowy Bank Polski | |
Speaker: | Carl E. Walsh, University of California, Santa Cruz | |
14:25 | Break | |
14:30 | Session 2: The Reversal Interest Rate
(English<DPS> [1,014KB PDF]) |
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Chairperson: | Daniel G. Sullivan, Federal Reserve Bank of Chicago | |
Paper Presenter: | Markus K. Brunnermeier, Princeton University | |
Discussant: | Meredith Beechey, Sveriges Riksbank | |
15:35 | Coffee Break | |
16:05 | Session 3: Tight Money-Tight Credit: Coordination Failure in the Conduct of Monetary and Financial Policies
(English<DPS> [1,212KB PDF]) |
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Chairperson: | Jinho Huh, Bank of Korea |
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Paper Presenter: | Enrique G. Mendoza, University of Pennsylvania | |
Discussant: | Kosuke Aoki, University of Tokyo | |
17:10 | ||
17:30 | Buffet Dinner |
Thursday, May 30, 2019
9:00 | Session 4: Prolonged Low Interest Rates and Banking Stability
(English<DPS> [5,698KB PDF]) |
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Chairperson: | James C. MacGee, Bank of Canada | |
Paper Presenter: | Nao Sudo, Bank of Japan | |
Discussant: | Carlos Thomas, Banco de España | |
10:05 | Coffee Break | |
10:30 | Policy Panel Discussion | |
Moderator: | Athanasios Orphanides, Massachusetts Institute of Technology | |
Panelists: | Christian Hawkesby, Reserve Bank of New Zealand Klaus Masuch, European Central Bank Masazumi Wakatabe, Bank of Japan |
|
12:10 | Adjournment | |
Lunch (optional) |