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]) |
|
| 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]) |
|
| Chairperson: | Jinho Huh, Bank of Korea |
|
| 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]) |
|
| 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) | ||