2021 BOJ-IMES Conference
Adapting to the New Normal: Perspectives and Policy Challenges after the COVID-19 Pandemic

May 24 - 25, 2021
Institute for Monetary and Economic Studies, Bank of Japan


Summary (English [109KB PDF] / Japanese[432KB PDF])

- Program -

Monday, May 24, 2021

Chairperson: Kazuo Ueda, Kyoritsu Women's University and University of Tokyo
20:00 Opening Remarks
(Video / English[48KB PDF] / Japanese[220KB PDF])
Speaker: Haruhiko Kuroda, Bank of Japan
20:15 Mayekawa Lecture: Fiscal Policy under Low Rates: Taking Stock
(Video / English[246KB PDF] )
Lecturer: Olivier J. Blanchard, Massachusetts Institute of Technology
21:05 Break  
21:10 Session 1: A Goldilocks Theory of Fiscal Policy
Presenter: Atif R. Mian, Princeton University
21:50 Session 2: Debt as Safe Asset: Mining the Bubble - FTPL with a Bubble & MMT
Presenter: Markus K. Brunnermeier, Princeton University
22:30 End of First Conference Day  

Tuesday, May 25, 2021

Chairperson: Masaaki Kaizuka, Bank of Japan
19:30 Keynote Speech: The Power of Central Bank Balance Sheets
(Video / English [883KB PDF])
Speaker: Athanasios Orphanides, Massachusetts Institute of Technology
20:00 Session 3: The Nature of Work After the COVID Crisis: Too Few Low-Wage Jobs
Presenter: David Autor, Massachusetts Institute of Technology
20:40 Policy Panel Discussion
Moderator: Kazuo Ueda, Kyoritsu Women's University and University of Tokyo
Panelists: Gita Gopinath, International Monetary Fund

Charles L. Evans, Federal Reserve Bank of Chicago

Tiff Macklem, Bank of Canada

Philip R. Lane, European Central Bank

Stefan Ingves, Sveriges Riksbank

Masazumi Wakatabe, Bank of Japan

22:30 Concluding Remarks
Speaker: Carl E. Walsh, University of California, Santa Cruz
22:40 Conference End