| Wednesday, May 31, 2023 | ||
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| 9:00 | Opening Remarks (English[50KB PDF] / Japanese[254KB PDF] ) |
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| Speaker: |
Kazuo Ueda, Bank of Japan | |
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| 9:20 |
Mayekawa Lecture: Perspectives on r and
r* (English[820KB PDF]) |
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| Chairperson: | Chang Yong Rhee, Bank of Korea |
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| Lecturer: | Maurice Obstfeld, University of California, Berkeley |
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| 10:30 |
Coffee Break | |
| 11:00 |
Session 1: The Expected, Perceived, and Realized Inflation of U.S. Households before and during the COVID19 Pandemic | |
| Chairperson: | Masaaki Kaizuka, Bank of Japan |
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| Paper Presenter: | Michael Weber, The University of Chicago |
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| Discussant: | Meredith Beechey Österholm, Reserve Bank of Australia |
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| 12:05 |
Lunch | |
| 13:25 |
Keynote Speech: The Forward Guidance Trap
(English<DPS>[1,303KB PDF]) |
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| Chairperson: | Peter Kažimír, Národná banka Slovenska |
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| Speaker: | Athanasios Orphanides, Massachusetts Institute of
Technology
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| 14:15 |
Break | |
| 14:20 |
Session 2: Greater Than the Sum of Its Parts: Aggregate vs. Aggregated Inflation Expectations | |
| Chairperson: | Peter Kažimír, Národná banka Slovenska |
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| Paper Presenter: | Raphael Schoenle, Brandeis University |
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| Discussant: | Hajime Tomura, Waseda University |
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| 15:25 |
Coffee Break | |
| 15:45 |
Session 3: Policymakers' Uncertainty | |
| Chairperson: | Tao Zhang, Bank for International Settlements |
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| Paper Presenter: | Michael McMahon, University of Oxford |
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| Discussant: | Mototsugu Shintani, The University of Tokyo |
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| 16:50 |
Break | |
| 16:55 |
Session 4: Seasonal Cycles and Synchronization of Price Changes in Japan
(English<DPS>[1,204KB PDF]) |
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| Chairperson: | Tao Zhang, Bank for International Settlements |
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| Paper Presenter: | Nao Sudo, Bank of Japan |
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| Discussant: | Mark Wynne, Federal Reserve Bank of Dallas |
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| 18:00 |
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| 18:10 |
Buffet Dinner | |
| Thursday, June 1, 2023 | ||
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| 9:00 |
Policy Panel Discussion: Part A | |
| Moderator: | Athanasios Orphanides, Massachusetts Institute of Technology
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| Panelists: | David Altig, Federal Reserve Bank of Atlanta
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| Andrew Bailey, Bank of England
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| Olli Rehn, Bank of Finland
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| Frank Smets, European Central Bank
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| Kazuo Ueda, Bank of Japan
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| 10:30 |
Coffee Break | |
| 11:00 |
Policy Panel Discussion: Part B | |
| Moderator: | Markus Brunnermeier, Princeton University
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| Panelists: | Aino Bunge, Sveriges Riksbank
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| Adam Glapiński, Narodowy Bank Polski
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| Pierre-Olivier Gourinchas, International Monetary Fund
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| Pablo Hernández de Cos, Banco de España
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| Ryozo Himino, Bank of Japan
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| 12:30 |
Adjournment | |