Refining Monetary Policy: Transparency and Real Stability, September 5-6, 2008

Workshop, Sveriges Riksbank

Program, practical information and useful addresses  

 

Program 

Thursday, 4 September
19:00  

Reception at the Scandic Sergel Plaza Hotel                                  
                   


Day 1 - Friday, 5 September 2008,
Chair: Lars E. O. Svensson (Sveriges Riksbank)

08:30  Registration/Coffee

09.00

Welcome / Opening remarks
Governor Stefan Ingves (Sveriges Riksbank)

 

09:15

Some Economic Observations Regarding Communication about Policy 
Edward Green
 
 (Pennsylvania State University)
[paper]
[slides]

 

Discussant: Christopher A. Sims (Princeton University)
[slides]

10:30 Coffee

11:00

Stabilizing Expectations under Monetary and Fiscal Policy Coordination
Bruce Preston
(Columbia University) with Stefano Eusepi (Federal Reserve Bank of New York)
[paper]
[appendix]
[slides]

 

Discussant: Donald L. Kohn (Board of Governors of the Federal Reserve System)

12:15 Lunch


Chair: Eric Leeper (Indiana University) 

13:30  

Central Bank Communication and the Financial Markets  
Alan S. Blinder
(Princeton University)

[paper]
[slides]

 

Discussant: Michael Ehrmann (European Central Bank)
[slides]

14:45 Coffee

15:15

Transparency under Flexible Inflation Targeting: Experiences and Challenges
Lars E. O. Svensson
(Sveriges Riksbank)
[paper]
[slides]


Discussant: Axel A. Weber (Deutsche Bundesbank
[slides]

19:00 Dinner at the Grand Hotel


Day 2 - Saturday, 6 September 2008

Chair: Anders Vredin (Sveriges Riksbank)

08:30 

Coffee 

 

09:00

Estimation of Euro Area Output Gap Using the NAWM
Frank Smets
(European Central Bank) with Günter Coenen and Igor Vetlov (European Central Bank)
[paper]
[Background paper]
[slides]

Discussant: Jordi Gali (CREI, Universitat Pompeu Fabra
)
[slides]

 

10:15

Coffee

 

10:35

Natural Rate Measures in an Estimated DSGE Model of the U.S. Economy
Rochelle M. Edge
(Board of Governors of the Federal Reserve System) with Michael T. Kiley and Jean-Philippe Laforte (Board of Governors of the Federal Reserve System)
[paper]
[slides]

Discussant: Stephanie Schmitt-Grohé (Columbia University)
[slides]

11:50 Coffee

12:10

DSGE Models in a Second-Best World of Policy Analysis
Jon Faust
(Johns Hopkins University)
[paper]

[slides]

Discussant: Charles Bean (Bank of England)

13:25

Lunch

 


For each paper, the author has 30 minutes and the discussant 20 minutes, with a further 25 minutes allocated for general discussion.


Organization

The organizing committee consists of Eric Leeper, Lars E. O. Svensson and Anders Vredin.  

Questions can be directed to: [email protected] or at phone +46 8 787 05 27.

Senast granskad

Innehållsansvarig

Kontakta innehållsansvarig

Fyll i information

För att minimera automatiskt spam ber vi dig att svara på frågan i fältet nedan.

7 + 7 ?